Wednesday, May 27

World

Alliance of Four Major Qatari Companies Signs Strategic Agreement with Chinese Automotive Giant Chery
World

Alliance of Four Major Qatari Companies Signs Strategic Agreement with Chinese Automotive Giant Chery

A powerful alliance of four leading Qatari companies has signed a strategic agreement with Chery Automobile Co.,Ltd., one of China's largest and most innovative automotive manufacturers, to expand Chery’s presence in the globalautomotive market through a new Qatari-led platform.The alliance includes: Power International Holding, Dishley Holding, Elite Motors Limited, Elaf Motors,Chery Automobile was represented at the signing by Mr. Tim Zhang, General Manager – Middle East.The agreement was signed in the presence of senior leadership from both sides.Mr. Mohamad Al Khayyat, representative of the Qatari alliance, stated:"This alliance represents one of the most important partnerships in the regional automotive sector. Through ourcollaboration with Chery, we are establishing an advanced b...
Ghanaian Teacher Wins 2025 Global Cambridge Dedicated Teacher Award
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Ghanaian Teacher Wins 2025 Global Cambridge Dedicated Teacher Award

Teacher beats 5158 nominations from 101 countries to take top prize in Cambridge’s teacher competition Over and above her teaching role, teacher’s fundraising and charity work to ensure access to education are winning combination The International Education group atCambridge University Press & Assessment (Cambridge) today announced that Englishteacher, Portia Dzifa Dzilah from Pakro Anglican Basic School in the Akuapim SouthDistrict of Ghana, is the global winner of the 2025 Cambridge Dedicated TeacherAwards. In a close race with eight other regional winners from around the globe, Portiaearned 33 percent of the public vote to become the overall winner - the first time ateacher from Ghana has won the title.The competition celebrates the role that teachers play in shaping the...
MAG GROUP and Citic Limited Sign MoU for USD 6 Billion “Keturah Ardh” Development in Dubai
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MAG GROUP and Citic Limited Sign MoU for USD 6 Billion “Keturah Ardh” Development in Dubai

CITIC Limited's total assets exceed USD 1.67 trillion In a landmark move poised to significantly shape Dubai's luxury real estate landscape, MAG Group and CITICLimited, one of China's largest state-owned conglomerates, have announced the signing of a Memorandum ofUnderstanding (MoU) for the development of Keturah Ardh — a visionary USD 6 billion project spanning 18.47million square feet in the Al Rowaiyah First District of Dubai.The signing ceremony brought together two financial powerhouses: MAG Group Holding, with a portfoliovalued at USD 3 billion, ongoing sales worth USD 5 billion, and developments estimated at approximately USD17 billion; and CITIC Limited, which manages total assets exceeding USD 1.67 trillion. This collaboration,marking CITIC Limited's first major entry into ...
ila Bank partners with Mastercard to launch innovative solutions and expand into new markets
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ila Bank partners with Mastercard to launch innovative solutions and expand into new markets

ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank’s proposition across consumer products,launching new affluent, travel products and loyalty offerings.ila Bank will leverage Mastercard’s expertise to introduce loyalty program that supportscardholders’ lifestyle, providing added value across a wide range of areas, including dining,luxury shopping, travel and priceless experiences. The new product line will also leverageenhanced fraud solutions and privacy protection to secure every transaction.Mohamed Almaraj, ila Bank CEO, said, “ila has always been about the customer. We areproud to have maintained our commitment to offering customer-centric solutions andexperiences in a growingly cashless economy, and this strategic agreement furthers the ilapromise of ‘ban...
DEWA receives applications from local and international companies seeking to participate in 27th edition of WETEX
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DEWA receives applications from local and international companies seeking to participate in 27th edition of WETEX

Dubai Electricity and Water Authority (DEWA) has started to receive applications for participation in the 27 th edition of the Water,Energy, Technology, and Environment Exhibition (WETEX). Organised by DEWA in line with the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President andPrime Minister of the UAE and Ruler of Dubai, and under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, the exhibition will take place from 30 September to 2 October 2025 at the Dubai World Trade Centre.WETEX is the region’s largest trade fair, spanning key sectors such as energy, water, green development, sustainability, green mobility, and smart and sustainable cities, alongside other related industries. It is also one of the world’s larges...
Suspect in Hamburg stabbing was previously known to police
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Suspect in Hamburg stabbing was previously known to police

Police on duty at the scene after several people were seriously injured in a knife attack at Hamburg Central Station.Credit: Christian Charisius/dpa The 39-year-old woman suspected of having injured 18 people in a stabbing at the central train station in Germany's Hamburg had previously come to the attention of the authorities, officials said on Sunday. The woman, who hails from the northern state of Lower Saxony, has been known to police since 2021, a spokesman for the state Interior Ministry said. "She appeared at police stations several times, showing clear signs of mental illness," the spokesman said. Police initiated criminal proceedings against the woman in several cases last year, according to the ministry. Following an incident at the beginning of May, a court ordere...
Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI InvestmentFund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco
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Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI InvestmentFund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco

As part of the implementation of the commitments made in the joint declaration between HisMajesty King Mohammed VI, may God Assist Him, and His Highness Sheikh Mohamed binZayed Al Nahyan, TAQA Morocco, in partnership with Nareva and the Mohammed VI Fundfor Investment, has signed three memorandums of understanding and related developmentagreements with the Government of Morocco and ONEE. These agreements cover thedevelopment of structuring projects in the power, water and renewable energy sectors.The program aims to strengthen the Kingdom's water and energy sovereignty through thedevelopment of flexible natural gas-based power generation capacity, seawater desalinationand water transport infrastructure, and a new power transport line between the south andcenter of the Kingdom.Involving a to...
Manufacture the Future: UAE Accelerates Industrial Growth with Record Jobs, Exports, and Global Market Access
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Manufacture the Future: UAE Accelerates Industrial Growth with Record Jobs, Exports, and Global Market Access

The United Arab Emirates opened the fourth edition of Make it in the Emirates, its flagship industrialplatform, signaling a bold leap forward in its ambition to become one of the world’s leadingmanufacturing and technology-driven economies.Held under the theme “Advanced Industries. Accelerated”, the four-day event brings together morethan 700 exhibitors and over 50,000 registered participants, unveiling a suite of investments andstrategic agreements to strengthen the UAE’s industrial competitiveness under the National Strategyfor Industry and Advanced Technology.In his opening address, His Excellency Dr. Sultan Al Jaber, Minister of Industry and AdvancedTechnology, reaffirmed the UAE’s commitment to building future industries rooted in resilience,innovation, and global competitiveness. “Wi...
Ras Al Khaimah’s strong economic and investment environment validated by Fitch affirmation of ‘A+’ credit rating, with Stable Outlook
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Ras Al Khaimah’s strong economic and investment environment validated by Fitch affirmation of ‘A+’ credit rating, with Stable Outlook

 The positive rating reflects the Emirate’s strong long-termgrowth prospects and ongoing economic diversification Ras Al Khaimah’sstrategic approach to sustainable, cross-sector growth and strong economic andinvestment environment has been validated by international credit rating agencyFitch, which reaffirmed the rating at ‘A+’ with a stable outlook.Ras Al Khaimah Government welcomed the announcement as an endorsement of theEmirate’s resilient and expanding economy, sound fiscal management and the clearvision and unwavering commitment of its leadership to sustainable, long-termdevelopment and growth.The Emirate’s landmark tourism projects, including a major integrated resort, luxuryhotels and world-class leisure facilities, combined with a surge in real estate revenue,are creating opp...
Ruler attends signing of MoU between Ras Al Khaimah and Miami to enhance cooperation across sectors
World

Ruler attends signing of MoU between Ras Al Khaimah and Miami to enhance cooperation across sectors

 HH Sheikh Saud bin Saqr Al Qasimi: ‘We look forward to building a dynamicpartnership that reflects our shared values and ambitious visions for the future’ City planning and public security, business promotion and tourism, sustainabledevelopment and Smart City technology among areas covered by agreement His Highness Sheikh Saud binSaqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, todaywitnessed the signing of a Memorandum of Understanding (MoU) between Ras Al Khaimahand Miami, Florida, with a view to strengthening and promoting exchange and cooperationacross a number of sectors of mutual interest.The agreement was signed by Senior Advisor to HH Sheikh Saud, His ExcellencyMohammed Hassan Omran Alshamsi, and the Mayor of Miami, Francis Suarez.HH Sheikh Saud said: “...
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