DUBAI, 7th September, 2026 (WAM) — Mirae Asset Global Investments has established an office in the Dubai International Financial Centre (DIFC), strengthening its presence in the Middle East and expanding regional investors’ access to global investment opportunities. Located in Emirates Financial Towers, the office will support relationships with institutional investors, family offices and distribution partners, while extending the firm’s reach among the Indian diaspora across the Middle East and East Africa. Mirae Asset Investment Managers (DIFC) Limited has also secured a Prudential Category 3C Regulatory Licence from the Dubai Financial Services Authority (DFSA), enabling it to manage and distribute collective…
Author: Editorial Team
Etihad Salam Telecom Company (Salam), a leading provider of telecommunications services and digital infrastructure in Saudi Arabia, successfully concluded its participation at LEAP 2026 as a strategic sponsor. During the exhibition, Salam signed 29 strategic partnerships, bringing to life its defining theme, “Powering What’s Next,” and strengthening its support for Saudi Arabia’s digital future. Against the backdrop of the Year of AI, Salam’s presence at LEAP 2026 moved beyond showcasing technology to demonstrate the company’s evolution into a digital transformation partner for businesses, governments, and communities across the Kingdom. At the heart of Salam’s participation was its Connectivity+ strategy, a…
CAIRO, 8th September, 2026 (WAM) –Egypt’s net international reserves climbed to an all-time high of nearly $57.2 billion at the end of August 2026, according to figures released by the Central Bank of Egypt. This reflects a 1.6 percent month-on-month increase of roughly $921 million from $56.3 billion recorded at July’s end. Source: Emirates News Agency
Nokia recently opened its first research and development centre in Riyadh, Saudi Arabia, dedicated to customer focused AI network automation and orchestration software. The facility will focus on advancing AI-driven service management and orchestration (SMO), self-organising networks (SON), Autopilot and rApps, technologies designed to help communications networks self-configure, self-heal, optimise performance and cut energy consumption. Engineers at the centre will develop automation and efficiency capabilities for telecoms operators and enterprises in Saudi Arabia. They are also set to explore AI-native 6G technologies. Nokia said the work will generate “Made in Saudi” software innovations for deployment across its global customer base.…
DUBAI, 7th September, 2026 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade and Chairman of the 15th edition of the AIM Investment Summit 2026, which opened today at the Dubai World Trade Centre, stressed that the UAE has established its position as a global hub for trade and investment, underpinned by an open, agile and multi-partnership economy, advanced infrastructure, and a legislative and regulatory environment that supports business, strengthening its ability to turn global transformations into new opportunities for growth. The summit opened with the participation of leaders, policymakers, institutional investors and innovators, bringing together 25,000…
JEDDAH — Georginio Wijnaldum has joined Al Ittihad on an initial one-year contract, returning to the Roshn Saudi League after leaving Al Ettifaq earlier this summer. The former Liverpool and Paris Saint-Germain midfielder was announced late Sunday as one of the headline signings on a busy final day of the 2026-27 summer transfer window. Wijnaldum, 35, spent three seasons at Al Ettifaq, where he established himself as a key figure and club captain before departing as a free agent in July. The Netherlands international scored 36 goals and provided 16 assists in 96 RSL appearances for the Dammam club. His…
DeepSeek is reportedly planning to deploy a minimum of 160,000 Huawei AI accelerators in a new data centre in Inner Mongolia. If this move takes place it would create one of the largest known clusters of Chinese AI chips. Sources told Bloomberg the AI company intends to use Huawei’s next generation Ascend 950DT chips to run its models. However, delivery of the order could take more than a year. Huawei reportedly does not currently have enough capacity to meet DeepSeek’s planned order as shortages of components including high-end memory are expected to limit production of the 950DT to the low…
After 16 hours of running through the mountains, Ahmad Al Janahi found himself struggling to climb from Italy into Switzerland. He was exhausted, suffering from severe stomach pain and questioning whether the two years he had spent working towards the race would end without him reaching the finish line. “I was telling myself, ‘Ahmad, you waited two years and now you are here, but you cannot finish it.’ I was very negative towards myself,” he told Khaleej Times. But Al Janahi continued, eventually completing the 174km UTMB World Series Finals in Chamonix in 37 hours and 50 minutes. The course…
AJMAN, 7th September, 2026 (WAM) — The Emirate of Ajman recorded 994 real estate transactions during August, with a total value of AED1.53 billion. Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the real estate sector maintained its upward trajectory during August, recording positive figures that affirm the sector’s resilience and the growing direct demand for various types of property across the Emirate. He added that trading volume reached AED970 million across 767 transactions, noting that Al Rawda 3 recorded the highest-value sale at AED 47 million. The highest-value…
RIYADH — The Ministry of Human Resources and Social Development emphasized that failing to notify job applicants of the results of their interviews constitutes a violation of regulations and bylaws. The ministry urged affected individuals to notify the ministry about the non-compliant establishments through its official application. Human resources regulations require employers to notify applicants of the outcome of the interview—whether accepted or rejected—within 30 days of the job interview. Failure by an establishment to provide such notification, or any violation of the regulations governing job postings and interviews, constitutes a clear breach of the applicable regulations and warrants an…