Monday, June 1

World

AHS Properties: At 26, Abbas Sajwani Is Deploying Billions Into Dubai’s Future
World

AHS Properties: At 26, Abbas Sajwani Is Deploying Billions Into Dubai’s Future

Named the youngest billionaire in real estate globally by Forbes, the AHS Properties founder is scaling a AED 50 billion pipeline on a single conviction: Dubai is no longer a luxury market - it’s a capital destination. Dubai, United Arab Emirates, Thursday 21 May 2026: While global real estate capital recalibrates, Abbas Sajwani is accelerating. The 26-year-old Founder and CEO of AHS Properties - recently recognised by Forbes as the youngest Arab billionaire and the youngest billionaire globally in real estate, with a net worth of $1.9 billion - is building one of the fastest-scaling development platforms in Dubai.  Since launching in 2021, AHS Properties has expanded from ultra-luxury villa redevelopments into a multi-billion-dollar portfol...
“Tamimi Markets” to Serve Pilgrims in Makkah During Hajj with 24/7 Pop-Up Store
World

“Tamimi Markets” to Serve Pilgrims in Makkah During Hajj with 24/7 Pop-Up Store

During one of the world’s most profound gatherings, “Tamimi Markets” is proud to serve pilgrims (Guests of Al-Rahman) in Makkah throughout the Hajj season with a dedicated 24/7 pop-up store, operating over the five days of Hajj. Designed specifically to meet the needs of pilgrims, the “Tamimi Markets” pop-up is a purpose-built, convenience-focused space offering a curated selection of essential grocery items and convenient ready-to-go products. While not a full store experience, the pop-up ensures reliable access to trusted, high-quality essentials at any time, allowing pilgrims to focus on their spiritual journey with ease. Rooted in its promise, “A world of flavors, close to home”,“Tamimi Markets” brings together products inspired by global tastes and tradi...
Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s Ras El Hekma
World

Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s Ras El Hekma

Montage Ras El Hekma introduces the first branded residences for purchase at the Mediterranean destination, alongside the region’s first Montage resort Ras El Hekma, Egypt – 17 May 2026: Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism. Montage Ras El Hekma will feature 200 guestrooms and suites, in addition to 96 Montage Residences, and will offer a curated mix ...
World

6th Canada–Africa Business Conference to take place in Lagos, Nigeria (June 24-25 2026) headline sponsored by Zenith Bank Plc

The Canada–Africa Chamber of Business convenes investors, executives, and policymakers to accelerate trade and investment TORONTO, Canada, May 18, 2026/ --&nbspThe Canada–Africa Chamber of Business (https://CanadaAfrica.ca/) is pleased to announce the 6th Canada–Africa Business Conference, taking place June 24–25 2026 in Lagos, Nigeria, with Zenith Bank Plc confirmed as Headline Sponsor, alongside the support of Canadian private sector companies, such as GardaWorld Security, that are expanding across African markets. This flagship conference will convene senior decision-makers from across Canada and Nigeria to unlock new opportunities in trade, investment, and large-scale project delivery across the continent. The 6th edition in Lagos comes at a pivotal moment for Canada–Afric...
UAE commits $49bn to local manufacturers
World

UAE commits $49bn to local manufacturers

UAE to localize 5,000+ products in push for industrial sovereignty – Minister of Industry and Advanced Technology and ADNOC Group CEO Dr. Sultan Al Jaber  The United Arab Emirates (UAE) pledged $49 billion in industrial procurement opportunities on Monday and announced plans to localize more than 5,000 products as the Gulf state doubled down on its industrial sovereignty agenda. Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, made the announcement at the opening of the fifth edition of Make it in the Emirates, which follows a period that has tested the region. “History remembers the challenges nations face. But it also remembers how nations respond to them and what they build next,” he said.  TA’ZIZ announced $40.5 billi...
World

Milestone Systems Elevates Middle East Urban Security Standards with XProtect 2026 R1 and Arcules Updates

Milestone Systems, a world leader in open platform video management software, announced XProtect 2026 R1 and Arcules VSaaS platform enhancements, delivering updates to strengthen security operations, simplify system management, and expand cloud flexibility across a wide range of deployment environments. Urban transformation projects under initiatives such as Saudi Vision 2030 are designed as long-term national investments that attract capital, talent, and tourism while reinforcing confidence in stability and growth. Within this evolving landscape, security is no longer treated as a reactive function that responds to incidents after they occur. It is increasingly becoming proactive, built into the design and operation of cities to anticipate risks, strengthen resilience, and enable safer...
Submission deadline for 5th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award extended to 30 September 2026
World

Submission deadline for 5th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award extended to 30 September 2026

Dubai, United Arab Emirates, 5 May 2026:  In response to requests from a large number of participants, the UAE Water Aid Foundation (Suqia UAE) has extended the submission deadline for the fifth cycle of the Mohammed bin Rashid Al Maktoum Global Water Award to 30 September 2026. The extension aims to enable the widest possible participation from applicants around the world. Launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and overseen by Suqia UAE under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, the award supports research and development efforts to develop sustainable solutions to address the global water crisis using...
AtkinsRéalis and Aldar Education sustain learning continuity through School of the Future initiative
World

AtkinsRéalis and Aldar Education sustain learning continuity through School of the Future initiative

Education–industry partnership enabled students across the UAE to continue collaborating, engaging and presenting ideas through distance learning during disruptions Dubai, United Arab Emirates, 06 May 2026 – AtkinsRéalis, a world-class engineering and design consultancy, came together withAldar Education to sustain futurefocused learning for students across the UAE during a period of distance learning. Through School of the Future, AtkinsRéalis’ flagship education–industry programme, this collaboration reinforced the importance of continuity, resilience and longterm investment in the next generation of learners. Built on the belief that strong communities are supported by resilient education systems, the programme adapted its delivery while kee...
Rasan Sustains Growth Trajectory in Q1 2026, Delivering Highest Ever Quarterly Revenue of SAR 261 Million, More Than Doubling Year-on-Year
World

Rasan Sustains Growth Trajectory in Q1 2026, Delivering Highest Ever Quarterly Revenue of SAR 261 Million, More Than Doubling Year-on-Year

Continued Momentum Across All Verticals Underscores Platform Strength and Execution  RIYADH, Saudi Arabia, 4 May 2026: Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in the Kingdom of Saudi Arabia, today announced its financial results for the first quarter of 2026, delivering highest ever quarterly revenue, accelerated profitability, and broad-based growth across all products. Financial Highlights: • Revenue: SAR 261 million, up 117% YoY – highest ever quarterly revenue • Gross Profit: SAR 186 million, up 117% YoY, with gross margin stable at 71.2% • Adjusted EBITDA: SAR 115 million, up 219% YoY, with margin expanding to 44.0%  •&...
World

Dubai’s Medcare Hospital Becomes the World’s First to Treat an Adult Spinal Muscular Atrophy (SMA) Patient Outside the US

Dubai, United Arab Emirates, April 28, 2026: Medcare Royal Speciality Hospital (MRSH) in Dubai has become the world’s first hospital outside the USA, to offer a newly licensed intrathecal gene therapy - Itvisma, to adult patients with Spinal Muscular Atrophy (SMA). This one-time treatment was recently administered to a 22-year-old Egyptian patient, who was diagnosed at 18 months and confined to a wheelchair for most of his life. Last year, Medcare also became the first healthcare provider globally to administer the newly licensed Itvisma to a four-year-old international SMA patient. SMA is a rare neuromuscular disease that leads to progressive muscle weakness and loss of mobility, impacting movement, breathing, and swallowing. Unti...
//omg10.com/4/3711026