Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, and Hines, one of the world’s largest real assets investment managers, announced a partnership to together explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf Cooperation Council (GCC). The platform would seek to combine Hines’ global real estate investment, development and operating standards with Arcapita’s regional investment, structuring and asset management expertise, supported by Lintara, Arcapita’s local operating platform. Through the partnership, the two companies would focus on jointly originating, structuring and executing investments across both development opportunities and stabilized income-producing…
Author: Editorial Team
GEORGETOWN, GUYANA — Saudi Arabia has launched the “Caribbean Maritime Transport Sustainability” project to support 14 Caribbean countries. The initiative, launched in cooperation with the International Maritime Organization (IMO), was announced during the Fifth Regional Meeting of Directors and Heads of Maritime Administrations in Georgetown, Guyana. The project aims to strengthen maritime legislation and regulatory frameworks across the Caribbean region. Beneficiary countries include Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. Spanning two years, the project seeks to enhance policy alignment…
DUBAI, 24th June, 2026 (WAM) — Arabian Travel Market (ATM) 2026 has reinforced Dubai’s position as one of the world’s most resilient and best-prepared destinations for global travel and tourism, as the industry continues to navigate the evolving market conditions. Taking place from 14th to 17th September 2026 at Dubai World Trade Centre (DWTC), ATM 2026 will bring together the international travel community at a pivotal time for the sector, underlining confidence in Dubai’s ability to maintain business continuity, operational excellence, and global connectivity. The revised dates for ATM 2026 reflect a measured, collaborative approach focused on supporting the global…
BELGRADE — Expo 2030 Riyadh has partnered with Expo 2027 Belgrade to exchange expertise and knowledge ahead of hosting the Kingdom’s first World Expo. The agreement, signed during an official ceremony in the Serbian capital of Belgrade, will enable both parties to share insights, experiences, and best practices in planning, operational readiness, event management during the Expo period, and the development of sustainable post-Expo legacies. The partnership is designed to strengthen institutional capabilities and foster continuous dialogue between the two organizing bodies as they prepare to host their respective expos. Under the agreement, representatives from both organizations will take part…
DUBAI, 24th June May, 2026 (WAM) — Emirates Global Aluminium (EGA) has inaugurated the UAE’s largest aluminium recycling plant, a milestone in EGA’s growth in low carbon aluminium and the development of the UAE’s circular economy. The inauguration was attended by Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment; Dr. Shaikha Salem Al Dhaheri, Secretary-General of the Environment Agency – Abu Dhabi (EAD); EGA’s Chairman Homaid Al Shimmari; EGA’s Vice Chairman Saeed Al Tayer, and members of EGA’s Board and senior management team. Dr Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, said,…
TORONTO, 24th June, 2026 (WAM) — Croatia secured a 1-0 victory over Panama in their FIFA World Cup 2026 Group L match. Ante Budimir scored the only goal of the match in the 54th minute, finishing from close range after a cross from Josip Stanisic. Panama created several chances and came close to scoring, but Croatia goalkeeper Dominik Livakovic made a number of important saves to keep a clean sheet. The result gives Croatia their first win of the tournament and eliminates Panama from the competition with one group match remaining. Source: Emirates News Agency
BERLIN — A problem with a communications system forced Germany’s railway network to halt all trains late on Tuesday, leaving passengers stranded across the country. All trains in Germany were “immobilized at stations” due to a breakdown in the railway radio communication systems, national rail operator Deutsche Bahn said. Deutsche Bahn said shortly before 1 am local time — nearly three hours after it first reported the outage — that the problem had been resolved and service was resuming “step by step.” Trains were held at stations and would-be travellers stood in long lines at information desks as they tried…
DUBAI, 24th June, 2026 (WAM) — A new report by HSBC has revealed that investors in the UAE are among the world’s most enthusiastic adopters of artificial intelligence tools, including generative AI, using them to conduct research and generate ideas related to finance and investment decisions. However, they continue to prefer expert professional advice when it comes to making final decisions. The findings, published in HSBC’s report titled The Human-AI Advantage, are based on a survey of 9,993 affluent and high-net-worth individuals across 10 markets, including 703 investors in the UAE. The report points to the emergence of a new…
Virgin Media O2 recently announced its plans to begin its 2G network switch-off in Summer 2029, joining its industry rivals in setting a date to wind down the legacy technology. Its timeline is similar to that of the country’s other operators, with BT expecting to begin deactivating 2G in May 2029 and VodafoneThree set to turn off its last sites in Spring 2030. All three operators have signed a voluntary government charter for retirement of the technology. Commitments in that document include undertaking a gradual process starting in trial areas, thorough testing, and work to aid migration of IoT devices…
BRUSSELS, 24th June, 2026 (WAM) — The European Parliament’s Committee on Economic and Monetary Affairs has approved its draft negotiating position on legislation governing the launch of the digital euro, marking a new step towards creating a digital version of the single European currency as part of a legislative package related to the future of the European Union’s monetary system. The draft law on the digital euro received the support of 43 members, while 14 voted against and one abstained, as part of a package comprising three legislative files. The proposal aims to provide a public digital payment method for…