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https://youtu.be/1rDEwZkElus?si=DjpQ8AqoH-00kp18
QUANTRON and Electromin realize the largest deployment of zero-emission trucks in Saudi Arabia
Quantron AG, a clean tech company and specialist in sustainable passenger and freight transport, together with its partner Electromin (wholly owned by the Petromin Corporation), announces the delivery of the first 50 QUANTRON QARGO 4 EV light trucks in the Kingdom of Saudi Arabia. The vehicles have been prepared for deployment with customers like PepsiCo and Red Sea Global. This is the largest delivery of battery-electric trucks in the Kingdom of Saudi Arabia, representing a significant milestone towards the decarbonization of mobility, in line with the Saudi Vision 2030 sustainability goals. Saudi Vision 2030 is a clear plan to diversify Saudi Arabia’s economy and address concerns about urbanization and climate change. The Saudi government has proposed a variety of solutions...
October 18, 2023

QUANTRON and Electromin realize the largest deployment of zero-emission trucks in Saudi Arabia

Majid Al Futtaim inaugurates its first Carrefour store in Ha’il
Majid Al Futtaim, owner and operator of Carrefour in Saudi Arabia, announced the launch of its first Carrefour store in Ha’il City, situated in the northern region of the Kingdom. This brings the total number of stores in Saudi Arabia to 24 stores.The official opening ceremony was attended by the Governor of Ha’il, His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz Al Saud, and a number of dignitaries and businessmen, in addition to a group of senior administrators from Majid Al Futtaim, including Mohammed Al Assaf, Country Manager of Carrefour Saudi Arabia at Majid Al Futtaim Retail.The new store, located in Ha’il Plaza, spans over 3,500 square meters, and offers more than 20,000 products, 40% of which are locally produced. The store also looks to employ more than 70...
October 18, 2023

Majid Al Futtaim inaugurates its first Carrefour store in Ha’il

stc group launches biggest-ever expansion of the 5G network in its history
stc group has announced the largest expansion of the 5G network in history. Investments will be made to develop and expand the existing network to cover more than 75 cities and governorates in Saudi Arabia. This project builds on the group's success in delivering 5G network technologies to over 90% of its locations in major cities. The investments made by stc group will contribute to the development and expansion of the network, encouraging the digital economy, supporting local content, creating quality jobs, and enhancing people's lives digitally. This is all in line with the group's expansion and growth strategy.The Kingdom has witnessed a digital transformation since 2006, which was a milestone for the people of Saudi Arabia. They could access the Internet through their...
October 18, 2023

stc group launches biggest-ever expansion of the 5G network in its history

Michael Gastaue, founder of Black Banx Group.
Black Banx`s founder Gastauer ready to bridge banking innovation in Middle East
The Middle East is on the cusp of a banking revolution in a world where technology is advancing rapidly. Traditional financial institutions are experiencing unprecedented hurdles to fulfill the changing demands of their consumers as the area embraces digital innovation.A trailblazing force in the digital banking industry, Black Banx Group, founded by German billionaire Michael Gastauer, was established against this backdrop and is prepared to change the Middle Eastern financial environment.Gastauer is a German billionaire and financial technology investor with a current net worth of $11.4 billion. Gastauer is one of the ten richest Germans, who started his career in the financial industry more than 25 years ago. As the founder and Group CEO of Black Banx, Gastauer has created a banking...
October 18, 2023

Black Banx`s founder Gastauer ready to bridge banking innovation in Middle East

Elon Musk account on Twitter X is displayed on a smartphone
X begins charging new users $1 a year in New Zealand, Philippines
WASHINGTON — Elon Musk's X, formerly known as Twitter, has started charging new users in New Zealand and the Philippines $1 (£0.82) a year to access key features, as part of a new trial.They include the ability to tweet, retweet, like posts and reply to posts.Those who opt out of the subscription fee will only be able to read posts, watch videos and follow accounts.The social media platform said that the aim is to "reduce spam, manipulation of our platform and bot activity".New accounts will also be required to verify their phone number, though Mr Musk has said that it will still be free to create "read only" accounts, which do not have key features. .Last month, the boss of X, Tesla and SpaceX suggested that all X users may have to pay for access.Since Musk...
October 18, 2023

X begins charging new users $1 a year in New Zealand, Philippines

OMODA & JAECOO grace the stage at Geneva International Auto Show in Qatar
On October 6, the brand launch event for OMODA and JAECOO was splendidly held at the Doha, Qatar Geneva Auto Show, garnering widespread attention from the global media. At the event, OMODA showcased its star models, OMODA 5 and OMODA 5 EV, heralding a new age of future driving experiences and green technology. JAECOO, making its debut in Qatar, introduced its premier urban off-road SUV, JAECOO 7, and the globally premiered JAECOO 8, encapsulating both a continuation and elevation of classic design.Worth noting, at this Qatar International Auto Show, OMODA and JAECOO occupied an expansive 1260㎡ of exhibition space, the largest in the event, emanating a futuristic tech ambiance and drawing significant crowds.Debuting at the Doha, Qatar Geneva Auto Show alongside OMODA was JAECOO. Unlike...
October 17, 2023

OMODA & JAECOO grace the stage at Geneva International Auto Show in Qatar

Jessica Wong, Founder & Managing Partner, eWTPA.
eWTP Arabia Capital's Jessica Wong unveils transformative impact of VCFC's licensing
In a compelling conversation with Jessica Wong, founder and managing partner at eWTP Arabia Capital, we explore the groundbreaking developments surrounding Valuable Capital Financial Company's (VCFC) recent acquisition of the final license from the Saudi Capital Market Authority (CMA).This milestone not only signifies a transformative shift in Saudi Arabia's financial sector but also marks VCFC as the first international fintech firm to secure such a license, positioning it as a pioneer in the kingdom's financial landscape.Wong sheds light on the broader implications, benefits for Saudi investors, and the strategic role of eWTPA in fostering connections between China, Hong Kong, and the Middle East.Q: Can you explain the significance of Valuable Capital Financial Company (VCFC)...
October 17, 2023

eWTP Arabia Capital's Jessica Wong unveils transformative impact of VCFC's licensing

Bank Albilad’s Chairman of the Board of Directors Naser Al-Subaiee inaugurated the first of the Bank’s new generation branches in the Al-Hamra district of Riyadh to develop customer banking experience and keep pace with the latest global technologies.
Chairman of Bank Albilad’s Board of Directors inaugurates 1st new generation branch
RIYADH — Bank Albilad’s Chairman of the Board of Directors Naser Al-Subaiee inaugurated the first of the Bank’s new generation branches in the Al-Hamra district of Riyadh to develop customer banking experience and keep pace with the latest global technologies.This is regarded as the nucleus of a new series of the new generation branches that will cover the Bank’s presence map in all the Kingdom’s regions.Al-Subaiee added that this step embodies the Bank’s strategic trend towards offering the best services to its customers to facilitate obtaining its products and make them available to various segments of customers throughout the Kingdom.This step is also in line with the Bank’s continuous efforts to expand the geography of its branch network. He explained, “Bank Albilad has...
October 17, 2023

Chairman of Bank Albilad’s Board of Directors inaugurates 1st new generation branch

Takamol showcases innovations at GITEX
Takamol is participating in the GITEX Information Technology Exhibition in Dubai from October 16-20 to promote innovation and digital transformation.The company, known for delivering comprehensive solutions to both government and private sectors, aims to highlight its commitment to innovation and digital transformation on the international stage. The focus is on strengthening global business ties and contributing to the acceleration of the digital economy, aligning with national digital milestones.Takamol emphasizes providing tailored solutions for government and private sector services, focusing on individualized approaches. The company actively seeks business partnerships, aiming to expand its customer base and optimize operational processes through cutting-edge technologies like...
October 16, 2023

Takamol showcases innovations at GITEX

TEI 2023: Unleash your business potential at Indonesia's premier trade Expo
In recent years, Indonesia experienced a significant upward trend of export growth, increasing its standing in the global market across a wide range of products and services. This is not a temporary trend; it is a pillar of the nation's economic development. Indonesia’s ongoing competition with other nations in exploring global opportunities highlights the need to sustain and further improve this trend.To fulfill this economic imperative, Indonesia's Ministry of Trade welcomes buyers and investors to meet with export providers at the annual Trade Expo Indonesia (TEI), showing the country's dedication to trade excellence.The 38th TEI 2023 is a hybrid edition, combining both online and onsite elements in TEI. Building on the success of its 2022 edition, TEI 2023 aims to once...
October 15, 2023

TEI 2023: Unleash your business potential at Indonesia's premier trade Expo

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