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Libya’s Oil Minister: Brownfields, Local Investment Key to 2M Barrels Per Day (BPD) Production

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شمس سيف
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 Libya’s Oil Minister: Brownfields, Local Investment Key to 2M Barrels Per Day (BPD) Production
 Libya’s Oil Minister: Brownfields, Local Investment Key to 2M Barrels Per Day (BPD) Production

Libya is setting its sights on boosting oil production to 2 million barrels per day (bpd) within the next two to three years, with brownfield development and local investment identified as critical drivers of this growth. Speaking at the Libya Energy & Economic Summit (LEES) in Tripoli on Saturday, Minister of Oil and Gas Dr. Khalifa Abdulsadek outlined the country’s strategy to reach 1.6 million bpd by year-end and laid the groundwork for longer-term growth.

“There are massive opportunities here, massive fields that have been discovered, but a lot of fields have fallen between the cracks,” stated Minister Abdulsadek during the Ministerial Panel, Global Energy Alliance – Uniting for a Secure and Sustainable Energy Future. “We want to make sure local oil companies take part. We also want to leverage the upcoming licensing round to support our planned growth in the oil sector.”

The minister’s remarks were complemented by a strong call for international participation in Libya’s upcoming licensing round, signaling the government’s commitment to fostering collaboration and maximizing the potential of its energy sector.

Highlighting Libya’s vast natural gas potential – with reserves of 1.5 trillion cubic meters – Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum, stressed the need for enhanced investment in gas projects. He pointed to ongoing initiatives like the $600 million El Sharara refinery as opportunities to stimulate economic diversification.

“Natural gas is available,” Hamel stated, adding, “It is the greenest of hydrocarbons and we see natural gas continuing to grow until 2050.”

The panel also tackled the global energy transition, emphasizing Africa’s unique challenges and the need for the continent to harness its resources to achieve energy security. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO), underscored the critical need for finance, technology and reliable markets to drive progress.

“At APPO, we have noted three specific challenges for the African continent. Finance, technology and reliable markets,” he stated, questioning whether Africa can continue to depend on external forces to develop its resources.

As one of Africa’s top oil producers, Libya holds an estimated 48 billion barrels of proven oil reserves. The country’s efforts to expand production, attract investment and drive innovation are central to the discussions at LEES 2025. Endorsed by the Ministry of Oil and Gas and National Oil Corporation, the summit has established itself as the leading platform for driving Libya’s energy transformation and exploring its impact on global markets.

Distributed by APO Group on behalf of Energy Capital & Power.

High-Level Delegation from Saudi Arabia to Attend World Economic Forum Annual Meeting 2025, led by Minister of Foreign Affairs His Highness Prince Faisal bin Farhan bin Abdullah

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Sahfy Sahfy
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High-Level Delegation from Saudi Arabia to Attend World Economic Forum Annual Meeting 2025, led by Minister of Foreign Affairs His Highness Prince Faisal bin Farhan bin Abdullah
High-Level Delegation from Saudi Arabia to Attend World Economic Forum Annual Meeting 2025, led by Minister of Foreign Affairs His Highness Prince Faisal bin Farhan bin Abdullah

Led by His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, a high-level delegation from the Kingdom of Saudi Arabia will participate in the World Economic Forum (WEF) Annual Meeting 2025, in Davos, Switzerland, from 20-24 January 2025.

Taking place under the theme of “Collaboration for the Intelligent Age” the 55th World Economic Forum Annual Meeting arrives at a time of growing geopolitical, economic and humanitarian challenges — from ongoing conflicts to a tepid global growth trajectory, and from the seismic impact of advanced technologies on labor markets and human capital to the increasingly urgent need for a practical and inclusive energy transition.

During its participation, the Saudi delegation will collaborate with leaders from government, the private sector, civil society and academia to address these pressing global challenges and shape a prosperous future. The delegation will also explore opportunities to drive disruptive innovation, unlock human potential, steer sustainable transitions and foster global dialogue.

The Kingdom’s delegation will also share experiences and insights from its transformation journey and wide-ranging reform agenda under Saudi Vision 2030 which is building a more resilient, productive and integrated economy.

Alongside His Highness Prince Faisal bin Farhan bin Abdullah, the Kingdom’s delegation includes:

  • His Excellency Dr. Majid A. Alkassabi, Minister of Commerce
  • His Excellency Ahmed A. Alkhateeb, Minister of Tourism
  • His Excellency Adel A. Aljubeir, Minister of State for Foreign Affairs, Member of the Council of Ministers, and Envoy for Climate Affairs
  • His Excellency Khalid A. Alfalih, Minister of Investment
  • His Excellency Mohammed A. Aljadaan, Minister of Finance
  • His Excellency Abdullah A. Alswaha, Minister of Communications and Information Technology
  • His Excellency Bandar I. Alkhorayef, Minister of Industry and Mineral Resources
  • His Excellency Faisal F. Alibrahim, Minister of Economy and Planning

The Ministry of Economy and Planning (MEP) leads the Kingdom’s long-standing partnership with the World Economic Forum, and has delivered impactful initiatives that have addressed pressing global challenges.

The 55th annual meeting of the World Economic Forum brings together representatives from more than 100 governments, major international organizations, and more than 1,000 major private sector players, in addition to young changemakers and representatives of civil society and academic institutions.

NextGen FDI and Climate First partner to accelerate UAE’s climate tech ecosystem

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شمس سيف
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NextGen FDI and Climate First partner to accelerate UAE's climate tech ecosystem
NextGen FDI and Climate First partner to accelerate UAE's climate tech ecosystem

– The new partnership with NextGen FDI is designed to fast-track the maturation of the UAE’s tech ecosystem, with a focus on disruptive sectors including climatetech, AI, and sustainability.

– HE Al Zeyoudi: “This partnership reflects the UAE’s unwavering commitment to innovation and sustainability. Through the NextGen FDI initiative, we are creating a supportive ecosystem for advanced technology companies to thrive and lead global efforts in combatting climate change”.

– Nadav Steinmetz of Climate First: “At Climate First, our mission has always been to drive impactful change through investments in transformative, zero-carbon technologies. We are thrilled to bring pioneering European solutions to the UAE.”

The UAE Ministry of Economy’s NextGen FDI initiative has partnered with Climate First, a leading European private equity firm specializing in climate innovation investments, to advance the UAE’s climate-tech ecosystem. The partnership, which will see Climate First bring its portfolio companies to the UAE for networking, partnership and expansion opportunities, was cemented with the inaugural Climate First UAE Roadshow, in partnership with the UAE Ministry of Economy, during Abu Dhabi Sustainability Week (ADSW) 2025.

The Roadshow brought five pioneering climate tech companies – Climeworks, Energy Dome, ZeroAviva, Cylib, and Glasspoint – to Abu Dhabi Sustainability Week to explore opportunities for establishing strategic, high-impact partnerships with major UAE stakeholders driving meaningful decarbonization in the Emirates. From direct air capture and battery recycling to hydrogen-electric aviation and solar stream generators for industrial processes, the five companies are developing some of the most innovative and advanced solutions across key industries.

During ADSW, HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, welcomed the Climate First roadshow emphasizing the importance of climate tech in driving sustainable development. He stated, “This partnership reflects the UAE’s unwavering commitment to innovation and sustainability. Through the NextGen FDI initiative, we are creating a supportive ecosystem for advanced technology companies to thrive and lead global efforts in combatting climate change. By associating Climate First with the NextGen FDI initiative, we are fostering transformative collaborations that will help shape the future of clean energy and industrial decarbonization.”

Climate First, which has invested in more than 50 climate tech leaders globally, sees the UAE as an ideal partner for scaling its companies’ impact, commercializing opportunities, and expanding their presence across the region.  Nadav Steinmetz of Climate First stated: “We are honoured to partner with the UAE Ministry of Economy and H.E. Dr Thani bin Ahmed Al Zeyoudi during Abu Dhabi Sustainability Week. The UAE’s commitment to innovation creates an unmatched ecosystem for advancing climate tech. At Climate First, our mission has always been to drive impactful change through investments in transformative, zero-carbon technologies. We are thrilled to bring pioneering European solutions to the UAE. This collaboration will foster strategic partnerships to scale decarbonisation efforts.”

Under the theme “The Nexus of Next. Supercharging Sustainable Progress”, Abu Dhabi Sustainability Week (ADSW) offers a global platform for advancing clean energy and sustainable development. The event has gathered global leaders, innovators, and stakeholders to tackle some of the world’s most pressing environmental challenges. The partnership between NextGen FDI and Climate First aligns seamlessly with ADSW’s mission to foster collaboration and deliver actionable solutions for a more sustainable future.

Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE’s drive to diversify its economy and position itself as a global hub for innovation. To date, the program has welcomed over 20 companies operating in future focused sectors such as AI, renewable energy, robotics, and advanced manufacturing, helping accelerate the UAE’s transition to a knowledge-driven, sustainable economy.

ADGM’s Numou Expands Financial Access Through Strategic Partnerships with Leading Private Credit Providers

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شمس سيف
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ADGM's Numou Expands Financial Access Through Strategic Partnerships with Leading Private Credit Providers
ADGM's Numou Expands Financial Access Through Strategic Partnerships with Leading Private Credit Providers

Numou Revolutionizes SME Financing in the UAE with Launch of Innovative Digital Lending Marketplace.

Numou, a subsidiary of ADGM the international financial centre of Abu Dhabi, has recently announced a significant expansion of its lending partner network, strengthening its position as a groundbreaking digital lending marketplace. The platform now features strategic collaborations with leading institutions, including the Khalifa Fund for Enterprise Development and private credit providers such as Credible-X, Klubworks, and NymCard Payment Technologies. With the goal of transforming the financing landscape for small and medium-sized enterprises (SMEs) in the UAE, this state-of-the-art platform provides a seamless, fully digital application process, empowering businesses to access a diverse range of financial products while connecting them directly with lenders suited to their unique needs.

With SMEs constituting an impressive 94% of all companies in the UAE and contributing approximately 40% to the national GDP, their role in the economy is vital. Yet, despite their significance, securing adequate and timely financing remains a persistent challenge for many SMEs. Recent data from the UAE Central Bank highlights the issue, showing that loans to SMEs account for just 9.5% of the total cumulative financial facilities extended to the commercial and industrial sectors.

Recognizing this gap, Numou has introduced a digital platform designed to address these challenges head-on by simplifying the lending process, increasing transparency, and enabling competition among lenders to drive better outcomes for SMEs.

What Numou Offers

For SMEs:

  • Streamlined Application Process: Businesses submit a single, standardized online application that meets the varying requirements of multiple lenders. This eliminates the need for repeated paperwork and physical visits to branches, significantly saving time and effort.
  • Enhanced Transparency: The platform provides visibility into lenders’ interest rates, loan terms, and turnaround times, empowering SMEs to make informed decisions that best suit their financing needs.
  • Cost and Time Efficiency: By fostering competition among lenders, Numou not only reduces loan processing times but also helps businesses secure more favourable rates and terms.

For Financial Institutions:

    • Efficient Credit Assessment: Lenders receive well-organized, standardized applications that streamline their internal credit assessment processes. This minimizes the need for redundant data validation, accelerating approval timelines.
  • Partnership Opportunities: Numou collaborates with lenders to explore innovative financial solutions tailored for SMEs, fostering a shared commitment to economic growth and business development.

Strategic Lending Partnerships

To further enhance its offerings, Numou is actively expanding its network to include digital and traditional banks, ensuring SMEs have access to a broader range of financing options and innovative products. This growing network reflects Numou’s mission to deliver a one-stop solution for SME financing in the UAE.

ADGM’s Role in Empowering SMEs

As a globally recognized financial centre, ADGM continues to lead in fostering innovation and economic development. Through initiatives like Numou, ADGM underscores its commitment to addressing the challenges faced by SMEs, ensuring they have access to the capital needed to thrive.

Arvind Ramamurthy, Chief Market Development Officer at ADGM, said: “Numou exemplifies ADGM’s commitment to empowering SMEs as a cornerstone of Abu Dhabi’s economy. By leveraging innovation and collaboration, this platform simplifies access to critical financing, fostering sustainable growth and strengthening the UAE’s position as a global hub for business and investment.”

Leadership’s Vision

Khalifa Al Zaabi, General Manager of Numou, “Numou is more than just a digital lending platform—it’s a transformative tool for SMEs to unlock their full potential. By bringing together a comprehensive suite of lending options on a single platform, we’re enabling businesses to access the capital they need to grow faster and more efficiently. Numou is also a testament to Abu Dhabi’s commitment to supporting the SME sector. It complements various initiatives aimed at enhancing SME access to funding, market opportunities, capacity-building programs, and overall ease of doing business.”

Commitment to Future Growth

In the coming months, the platform plans to broaden its offerings with the introduction of supply chain financing (factoring) and in the future to extend to equity financing. These additions will provide SMEs with even greater flexibility and access to capital, ensuring they can tackle new challenges and seize emerging opportunities.

These future developments align closely with the UAE’s broader vision of fostering a dynamic, diversified economy, where SMEs play a pivotal role in sustainable growth and innovation. By expanding its suite of financial products, Numou aims to solidify its position as the go-to platform for SME financing, supporting businesses at every stage of their journey.

Empowering the SME Ecosystem

At its core, Numou is driven by a commitment to empowering the UAE’s SME ecosystem. By simplifying access to financing and driving economic growth, Numou is positioning itself as a key enabler in the UAE’s journey toward a resilient and diversified economy.

Abu Dhabi Stem Cells Center Reports Promising Results in TYPE 1 Diabetes MANAGEMENT Using Mesenchymal Stem Cell Therapy

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شمس سيف
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Abu Dhabi Stem Cells Center Reports Promising Results in TYPE 1 Diabetes MANAGEMENT Using Mesenchymal Stem Cell Therapy
Abu Dhabi Stem Cells Center Reports Promising Results in TYPE 1 Diabetes MANAGEMENT Using Mesenchymal Stem Cell Therapy

Abu Dhabi Stem Cells Center (ADSCC) announced promising results of a revolutionary advancement in the management of diabetes, successfully performing umbilical cord-derived mesenchymal stem cell (UC-MSC) therapy for a 20-year old Emirati patient with type 1 diabetes in the UAE. This groundbreaking treatment resulted in a significant improvement in blood sugar levels and diabetes antibodies, with positive results observed one month after treatment and expected to continue improving. As the first and most advanced cellular therapy center in the UAE, the UC-MSCs used for this therapy were fully produced at ADSCC’s advanced laboratories.

The revolutionary treatment uses mesenchymal stem cells derived from cord tissue and is one of the most recent advances in employing regenerative medicine approaches to the management of diabetes.  UC-MSCs have generated a lot of attention due to their regenerative and immuno-modulatory properties offering a promising approach for diabetes therapy. Their ability to modulate immune responses, promote tissue repair, and secrete bioactive factors positions UC-MSCs as a potential game-changer in restoring pancreatic function and mitigating complications associated with diabetes.

During the treatment, UC-MSCs dosing required administration for the patient with careful measurement through a 2-hour intravenous infusion session in accordance with strict protocols developed by the multidisciplinary team of specialists at ADSCC. The treatment protocol, developed in full adherence to rigorous quality control measures, was performed with close medical supervision and comprehensive patient monitoring before, during, and after the treatment.

Dr. Maysoon Al Karam, Chief Medical Officer at ADSCC stated, “This milestone is a testament on ADSCC’s commitment to developing innovative treatments for chronic conditions affecting millions around the world such as diabetes. Our new innovative treatment using mesenchymal stem cells shows promising potential for improving diabetes management and reducing insulin dependency. With our GMP laboratories, cellular manufacturing infrastructure and expertise, our team of researchers and scientists are committed to introduce UC-MSCs various applications for different medical conditions, starting with diabetes type 1. Besides the therapeutic capability of MSCs proven with our first patient, this discovery places Abu Dhabi at the forefront of novel medical treatments in the region. Following the treatment, our patient, who was clinically eligible for the treatment, had impressive improvements in major markers of diabetes, namely blood sugar levels, diabetes antibodies and average glycemic control with no adverse effects recorded.”

The advantages of this treatment in type 1 diabetes management have been numerous. The clinical observations include an improvement in blood sugar levels with a reduction in insulin needs, indicating improvement in pancreatic function. During the treatment, no side effects were observed, confirming the strong safety profile of the therapy. The ADSCC has continued to follow up on the patient by regular check-ups with the assessment of HbA1c levels, insulin needs, and other important metabolic markers.

Dr. Antonio Bencomo, General Manager at ADSCC Research Center added, “Our ADSCC laboratory and research center is fully equipped with advanced technology and expertise to isolate, expand, and cryopreserve umbilical cord-derived mesenchymal stem cells (UC-MSCs) and other cellular products such as CAR-T cells, hematopoietic and non-hematopoietic stem cells. With stringent protocols, a sterile environment, and robust quality control measures, we ensure the production of high-quality, clinically viable UC-MSCs for therapeutic applications which has been utilized at our hospital for various conditions.”

This successful treatment opens new horizons in the management of diabetes not only within the UAE but also globally, and it will be used soon for patients with type 2 diabetes. This revolution goes in line with Abu Dhabi’s vision as a leading hub for medical innovation and advanced healthcare solutions. ADSCC continues to be committed to the advancement of stem cell research and treatments, offering hope to patients with chronic conditions through innovative regenerative medicine approaches.

SHUAA secures USD 300 Million facility from TAEF and NBF to Strengthen Marine Portfolio and Drive OSV Growth

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شمس سيف
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SHUAA secures USD 300 Million facility from TAEF and NBF to Strengthen Marine Portfolio and Drive OSV Growth
SHUAA secures USD 300 Million facility from TAEF and NBF to Strengthen Marine Portfolio and Drive OSV Growth

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, today announced the execution of a new financing facility for its OSV operations under Stanford Marine Group (“Stanford”) and Allianz Marine and Logistics Services Holding Limited (“Allianz”) that are held via a SHUAA-managed fund. The Fund, domiciled in Abu Dhabi Global Market (ADGM) and referred to as the “SHUAA-managed fund”, is managed by SHUAA GMC Limited, a wholly owned FSRA-regulated subsidiary of SHUAA. 

The business executed a seven-year finance facility of up to USD 300 million from National Bank of Fujairah (“NBF”) and The Arab Energy Fund (“TAEF”), formerly known as APICORP, a leading multilateral impact financial institution focused on the MENA energy sector. The deal is expected to be completed in the coming days subject to closing procedures. 

Owed to the quality and outperformance of SHUAA’s OSV platform, the financing facility is one of the largest Secured Overnight Funding Rate (“SOFR”) based facilities for the OSV sector in the region. As a single facility across the Stanford and Allianz OSV operations, acquired by the SHUAA-managed fund in 2020 and 2022 respectively, it further integrates the two units and provides support for continued growth of the businesses.

Wafik Ben Mansour, Chief Executive Officer of SHUAA Capital, said: “We thank our banking partners NBF and TAEF for their continued support to our OSV portfolio. Standford and Allianz are leaders in their market, with a significant track record of profitable growth and value creation. We look forward to working with management and all stakeholders to further develop Stanford and Allianz businesses and contribute to the long-term growth of the offshore oil & gas industry in the UAE and the region.

Adnan Anwar, Chief Executive Officer of National Bank of Fujairah, said: “This deal is testament to the strong relationship we have built with SHUAA, while also reflecting our confidence in the strength of both Stanford and Allianz and their ability to capitalize on growth opportunities.”

Nicolas Thevenot, Chief Banking Officer at TAEF, said: “This financing marks a strategic milestone in our commitment to strengthening the energy value chain in the MENA region. As the largest OSV platform in the region and a key enabler of offshore exploration and production, Stanford and Allianz play a critical role in supporting the region’s energy security. Partnering with SHUAA and NBF reinforces our confidence in the platform’s continued growth and underscores our focus on impact-driven financial solutions that create long-term value. By optimizing capital structures for high-performing assets, we continue to drive financial resilience and operational excellence across the sector.”

PwC Academy Launches Region’s First Chartered Management Consultant Programme

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شمس سيف
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PwC Academy Launches Region’s First Chartered Management Consultant Programme
PwC Academy Launches Region’s First Chartered Management Consultant Programme

 PwC Academy, the talent and skills development business of PwC Middle East, in collaboration with the Chartered Management Institute (CMI) has launched the region’s first Professional Consulting Programme, leading to the Chartered Management Consultant (ChMC) accreditation.

The programme welcomed its first cohort of 12+ experienced professionals in December, as they embark on the prestigious journey to become Chartered Management Consultants. The first cohort includes participants from diverse professional backgrounds, from project managers to heads of customer experience to finance managers across a variety of sectors.

The Middle East economies, driven by ambitious national visions, continue to make significant progress in the transformation agendas. As a direct result of this, the demand for home-grown consulting capabilities has multiplied manifold. With over 1,200 chartered consultants globally and more than 2,000 active learners across 50+ leading consulting firms, the ChMC accreditation represents the gold standard in consulting excellence worldwide.

The region’s consulting sector, projected to exceed $6 billion this year according to Source Global Research, demands consultants who can deliver across key competency areas: stakeholder relationship development, strategic analysis, operational delivery, and transformational leadership. These capabilities are essential as organisations navigate complex digital transformations, sustainability initiatives, and economic diversification programmes.

The programme aligns with the highest global standards for management consulting, enabling participants to achieve the prestigious ChMC accreditation, a recognised benchmark of professional excellence. This is a guarantee that consultants are equipped with the right knowledge, skills and mindset to excel in their profession. It assures clients of the quality of service, expertise, and experience they can expect. A recent CMC survey showed that 86% of Chartered Management Consultants believe the Chartered status positively impacts their business reputation, highlighting the value of the ChMC qualification in enhancing credibility and professional standing.

Taimur Mir, PwC Partner and PwC’s Academy Professional Qualifications Head, said: “Organisations in the Middle East are looking for consultants with global business acumen, combined with a deep understanding of the regional economy. They need local talent who can translate strategy into measurable outcomes. Drawing on decades of PwC’s regional industry expertise and our network of global experts, we are committed to equip consultants with the strategic capabilities and professional recognition vital for leading complex transformations with deep market understanding. The end goal is to empower a dynamic consulting workforce that will deliver meaningful value to government entities, sovereign wealth funds, and private sector organisations across the region.”

The Professional Consulting Programme, the region’s first chartered management consulting qualification, is accredited by CMI, the only organisation that can award the Chartered status. It develops essential consulting skills, including advanced problem-solving, client management, leadership and project management. The programme offers two qualifications:

Level 5 Management Consulting Practice, designed for early-career professionals entering consulting. This builds expertise in project delivery and consulting methodologies, with focus on implementing organisational change.

Level 7 Professional Consulting Pathway is for experienced professionals leading major initiatives. Developing advanced capabilities in strategic transformation, with emphasis on privatisation and new sector development.

Both levels feature a flexible blended learning approach that combines online modules and in-person workshops, catering to the diverse needs of working professionals. 

For more information, visit: www.pwcacademy-me.com/course/professional-consulting-programme-your-gateway-chmc-accreditation

Announcement of a Ceasefire Agreement and Prisoner Exchange in Gaza with International Mediation Support

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Sahfy Sahfy
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Announcement of a Ceasefire Agreement and Prisoner Exchange in Gaza with International Mediation Support
Announcement of a Ceasefire Agreement and Prisoner Exchange in Gaza with International Mediation Support

The Arab Republic of Egypt, the State of Qatar and the United States of America announce that the two parties of the conflict in Gaza have reached an agreement to release hostages in exchange of prisoners and return to sustainable calm, ultimately achieving a permanent ceasefire between the parties. The agreement is expected to come into effect as of 19 January 2025.

The agreement reached by the two parties includes three stages. The first stage, which lasts for 42 days, includes a ceasefire, the withdrawal and redeployment of Israeli forces outside densely populated areas, the exchange of hostages and detainees,as well as the exchange of the remains of the deceased, the return of internally displaced persons to their places of residence in the Gaza strip, in addition to facilitating the departure of patients and wounded to receive treatment.

The first stage also includes intensifying the safe and effective entry and distribution of humanitarian aid on a large scale throughout the Gaza Strip, rehabilitating hospitals, health centers, and bakeries, bringing in civil defense supplies and fuel, and bringing in shelter supplies for the displaced persons who lost their homes as a result of the war.

In this context, the Arab Republic of Egypt, the State of Qatar and the United States of America affirm that their policy, as guarantors of this agreement, is to ensure that all three stages will be fully implemented by both parties. Accordingly, the mediators will work together to ensure the implementation of their obligations in the agreement and that the three stages continue in full.

The guarantors will also work in coordination with the UN, donor countries, and partners from around the world to support the rapid and sustained increase of humanitarian aid into Gaza according to the terms outlined in the agreement. In this regard, we call on active parties in the international community to support these efforts under the standard mechanisms to implement the agreement.

HONOR Magic7 Pro Makes Its MEA Debut: A New Era of AI-Powered Camera and Performance Excellence

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شمس سيف
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HONOR Magic7 Pro Makes Its MEA Debut: A New Era of AI-Powered Camera and Performance Excellence
HONOR Magic7 Pro Makes Its MEA Debut: A New Era of AI-Powered Camera and Performance Excellence

Global technology brand HONOR today announced the launch of the HONOR Magic7 Pro in Dubai, UAE. Committed to providing the ultimate AI Phone experience, HONOR introduced the HONOR Magic7 Pro which features cutting-edge AI capabilities that revolutionize photography, enhance display quality, and deliver exceptional hardware performance. The HONOR Magic7 Pro comes with the Google Gemini app pre-installed. This AI assistant from Google can help users enhance ideas, learn in new ways, write emails, plan events and more.

“We are excited to introduce the HONOR Magic7 Pro to the GCC market, where technology innovation and digital transformation are at the forefront,” said Laurance Li, General Manager of HONOR GCC. “With its seamless integration of both on-device and cloud AI, the Magic7 Pro offers an intuitive, intelligent, and secure experiences. This launch represents our continued dedication to bringing next-gen smartphones that are not only innovative but deeply relevant to the dynamic and tech-savvy GCC market.”

During the regional launch event hosted in Dubai, it was also announced that HONOR has become the official partner of Louvre Abu Dhabi for their upcoming extraordinary exhibition – “Kings and Queens of Africa: Forms and Figures of Power”. This collaboration underscores brand’s commitment to fostering innovation and creativity, extending beyond technology to support cultural and artistic initiatives that inspire and unite communities.

To provide users with exceptional photography experience, the HONOR Magic7 Pro is equipped with an advanced HONOR AI Falcon Camera System. With the 50MP Super Dynamic HONOR Falcon Main Camera, users can capture intricate details and brightness in various lighting conditions, thanks to its industry-leading 1/1.3-inch Super Dynamic HONOR Falcon Camera sensor and f/1.4 adjustable aperture lens. The 50MP Wide Camera broadens users’ field of view, making it perfect for landscape shots or group photos. In addition, the 200MP Telephoto Camera is ideal for those who enjoy photographing distant subjects and stunning nightscapes, featuring the advanced 1/1.4” telephoto sensor with a large f/2.6 aperture. Harnessing the power of both the Light and Shadow Portrait Large Model, the Capture Enhancement Large Model and the Telephoto Enhancement Large Model, the HONOR Magic7 Pro integrates the AI HONOR IMAGE ENGINE – the industry’s first Mobile Imaging System with Hybrid (device-cloud) AI Large Models, providing users with a sophisticated and intelligent photography experience with elevated imaging capabilities. The Harcourt Portrait Modes offers users creative options for capturing striking portraits with refined lighting, while the AI Enhanced Portrait feature delivers ultra-high definition portraits that ensure the true colors of every subject shine through.

Introducing AI Super Zoom, designed for framing breathtaking sceneries with a remarkable focal length range of 30x to 100x, capturing crystal-clear images even from great distances powered by AI. With HONOR AI Motion Sensing Capture, users can capture precious moments with exceptional clarity. Additionally, HD Super Burst allows users to freeze high-speed action sequences with precision at 10 frames per second, ensuring that every movement is precisely captured in every single shot.

The HONOR Magic7 Pro offer a truly personalized and intelligent interface that seamlessly integrates AI into everyday tasks. With the enhanced capabilities on Magic Portal2, users can circle desired objects within the screen and enable instant text and image comprehension and access wanted app services instantly. Catering to diverse user scenarios, the Magic Portal supports a wider array of applications encompassing social media, entertainment, travel, productivity, and shopping needs. Especially, with improved semantic understanding of landmarks and movie IPs, the Magic Portal now can swiftly direct users to entertainment applications with ease.

Leveraging the seamless integration of the INSTAX MINI LINK app with MagicPortal, users can instantly capture, print, and share their memories in a single step with the mini link 3, harnessing cutting-edge connectivity and user-centric design for an enhanced, on-the-go experience.

Gemini’s overlay offers quick access to Google AI assistance and context-aware help with what’s on the screen. With Gemini extensions users can find and action the information from the Google apps and services like Maps, YouTube, Flights, and Hotels.

Empowering users to maximize productivity, the HONOR Magic7 Pro feature a wide range of functionalities such as AI Translation and HONOR Notes, making it an essential tool for professionals striving for excellence at work. Additionally, HONOR Notes supports the AI Summary feature that can quickly analyze the content of users’ notes and provide a content abstract while AI Minutes enables users to distill essential insights from lengthy meeting transcripts or training materials. With AI Translation, the HONOR Magic7 Pro offer AI Face-to-Face instant translation for up to 13 languages, helping users to bridge language gaps during real-time interactions. The AI Dual-way Noise Reduction technology ensures clear communication in any setting, making multi-person meetings feel face-to-face while minimizing distractions.

To safeguard users against potential deepfake scams and ensure online security, the HONOR Magic7 series stand as the industry’s first commercial device that integrates the groundbreaking on-device AI Deepfake Detection technology. This feature employs advanced algorithms to identify manipulated content through analyzing pixel-level synthetic imperfections, border compositing artifacts, inter-frame continuity, and more, protecting users from potential deepfake scams during video calls.

Powered by the Snapdragon® 8 Elite Mobile Platform, the Magic7 Pro is equipped with the advanced Qualcomm® Oryon CPU and Qualcomm® Adreno GPU. Coupled with the industry’s first AI Real-Time Rendering technology, supported by HONOR’s on-device AI capabilities and Snapdragon’s heterogeneous computing architecture, the device delivers PC-level graphics and nearly full-frame gameplay, allowing users to enjoy an unparalleled and responsive gaming experience. Featuring the first AI Predictive Scheduling Engine, the device utilizes AI scene prediction and precise frame rate recognition for optimal system management, ensuring industry-leading frame rate stability with fluctuations below 0.2.

Featuring a 5850 mAh4 Third-generation Silicon-carbon Battery, the HONOR Magic7 series use innovative silicon-based anode materials for enhanced performance. This battery provides reliable power in low temperatures and supports fast recharging with 100W Wired HONOR SuperCharge and 80W Wireless HONOR SuperCharge, allowing users to achieve a full charge in just 33 minutes with a compatible wired charger, making it an excellent choice for individuals who need quick charging solutions.

Additionally, the device boosts a stereo speaker with an integrated ultra-large sound cavity and spatial audio. Enhanced by a bass enhancement algorithm, this feature delivers a powerful and resonant bass for a richer audio experience.

The HONOR Magic7 series boast a range of AI-enabled eye-comfort features, the 6.8-inch HONOR Magic7 Pro marks a breakthrough with the Natural Light HONOR AI Eye Comfort Display, which achieves all-around natural light simulation, including colour, spectrum, polarization, continuity, brightness and rhythm, pioneering a new standard in eye care by simulating natural light characteristics across all dimensions. Additionally, the HONOR NanoCrystal Shield provides exceptional durability by being ten times more drop-resistant than normal glass and certified for dust and water-resistant capabilities, ensuring the HONOR Magic7 Pro are protected from daily wear and tear.

Pre-orders for the highly anticipated HONOR Magic7 Pro in the UAE will begin on January 15th, with the device priced at 3999 AED three stunning color options Lunar Shadow Grey, Breeze Blue, and Black. Customers who place a pre-order will receive an exclusive package worth 2197 AED, which includes the premium HONOR Watch4 PRO (1099 AED), the versatile HONOR CHOICE X5 Pro (399 AED), and a 12-month HONOR CARE plan (699 AED), ensuring an enhanced experience from day one.

Arab Health to host record international participation as the global consumer healthcare market to reach US$780 billion by 2030

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Sahfy Sahfy
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Arab Health to host record international participation as the global consumer healthcare market to reach US$780 billion by 2030
Arab Health to host record international participation as the global consumer healthcare market to reach US$780 billion by 2030

Arab Health 2025, the Middle East’s largest and most influential healthcare event and congress, will welcome a record-breaking international audience this year, as the latest statistics reveal the global healthcare market will be worth US$780 billion by 2030.

According to insights from Verified Market Research, the research and consulting specialists, the consumer healthcare market size was valued at US$ 360 Billion in 2023 and is projected to reach USD 780 Billion By 2030, growing at a CAGR of 8.8% during the forecast period 2024 to 2030.

Ross Williams, Group Event Director, Informa Markets, commented: “In the last five decades, Arab Health has grown alongside the incredible expansion of the global healthcare market, evolving from a regional exhibition to a pivotal event on the international stage. With the anticipated market growth, Arab Health, more than ever, has an integral role in facilitating global business and addressing the latest healthcare trends worldwide.

“With participants from over 180 countries expected, the 2025 edition underscores how Arab Health remains at the heart of this dynamic industry, fostering collaboration and innovation that drives healthcare advancement globally. As the sector continues to evolve, Arab Health stands as a vital platform for connecting ideas, technologies, and people shaping the future of healthcare.”

This year, Arab Health, which takes place at the Dubai World Trade Centre from 27 – 30 January, will host over 40 country pavilions, and more than 180 countries will participate. Making their country pavilion debut in 2025, Morocco and Latvia will be joined by long-standing participants, the United Kingdom and Saudi Arabia, which will increase their presence significantly with additional floor space. Other country pavilions for the 2025 edition include the USA, China, India, Singapore and Taiwan, amongst others.

This year will also see a range of first-time international exhibitors, including Daigo, Fapomed, Global Medical Technology, Global Pharma Healthcare, Levity Products, Mark Ortho Care and more, who will take up residence in the Al Mustaqbal Hall, which is being utilised for the time as part of the new exhibitor zone.

In contrast, and celebrating more than 20 years of attending Arab Health, The Association of British HealthTech Industries (ABHI) will once again participate in the event with a delegation of UK HealthTech businesses, hospital groups, regional accelerators, government partners, and healthcare leaders.

Michelle Michelucci, Head of International Events for ABHI, said: “ABHI runs a portfolio of UK Pavilions at over 15 key global trade shows, but none match the scale and significance of Arab Health.

“During our 20-year tenure at Arab Health, we’ve witnessed a significant evolution in the healthcare industry, driven by technological integration and international collaboration fostered at the event. The UAE and the wider Middle East region have grown significantly, with the healthcare sector expanding to meet the demands of a burgeoning population and increasing healthcare needs. 

“Arab Health has played a crucial role in driving this transformation by facilitating extensive knowledge exchange among global healthcare leaders and showcasing cutting-edge technologies shaping the future of healthcare delivery in the region and beyond.”

The Arab Health Congress, held under the patronage of the Ministry of Health and Prevention, also returns this year, featuring nine continuing medical education (CME) conferences and three Healthcare Business Forums, which will be led by an international roster of over 250 healthcare professionals addressing the latest industry trends via more than 110 sessions over four days. 

The main features of Arab Health’s 50th-anniversary edition include the debut of the World of Wellness and the Healthcare ESG conferences, The Smart Hospital and Interoperability Zone, powered by Cityscape, which will offer visitors an immersive experience of the future of healthcare. The Transformation Zone will feature talks, product showcases, and the popular Innov8 Start-up competition. The Future Health Summit will return, bringing together global experts to address the topic of AI in action: Transforming Healthcare Delivery.

Arab Health 2025 will be supported by various government entities, including the UAE Ministry of Health and Prevention, the Dubai Health Authority, the Department of Health, and the Dubai Healthcare City Authority. 

For more information or to register for the event, please visit www.arabhealthonline.com. 

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