Day: October 10, 2022

Posted on

Red Sea Development Company Confirms daa International as Operator at Red Sea International Airport

Tabuk, The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea and AMAALA, has confirmed daa International as the operator at Red Sea International (RSI), which is on track to become the region’s first-ever carbon-neutral airport.

The latest agreement covers operations and general maintenance services worth close to SAR 1 billion and is set to propel the airport on its journey towards environmental sustainability powered by 100 percent renewable energy.

Ahead of welcoming our first guests early next year, Red Sea International is ushering in a carbon-neutral, net-zero era for airport designs and operations. As the region’s first-ever airport powered by 100 percent renewable energy, RSI will serve as an innovative blueprint for decarbonized urban destinations of the future said John Pagano, CEO of TRSDC.

TRSDC welcomed a delegation of Irish dignitaries to its offices in Riyadh to celebrate the signing of the agreement. Minister of State at the Department of Transport in Ireland, Ms Hildegarde Naughton TD, and Ireland’s Ambassador to the Kingdom, Gerry Cunningham were both present, alongside Enterprise Ireland, the country’s trade organization. Additionally, the event was attended by His Excellency the President of the General Authority of Civil Aviation (GACA), Mr. Abdul-Azeer bin Abdullah Al-Duailej.

“Our agreement with leading industry player daa International, with a proven track-record of excelling in international aviation, marks our latest step towards materializing a sustainable, regenerative gateway that will open this under-explored region of Saudi Arabia to the world,” added Pagano.

daa International will serve as the airport operator for RSI in 2023, overseeing design consultancy, management, and operations in accordance with the provisions of General Authority of Civil Aviation of the Kingdom of Saudi Arabia (GACA) and the International Civil Aviation Organization (ICAO). Services will also enable the seamless integration of green technology and waste and resource management, aligned with the highest standards of sustainability, while prioritizing safety and security.

Nicholas Cole, CEO of daa International, said: “The Red Sea International airport is primed to deliver luxury guest experiences unlike any other. We are thrilled to partner with TSRDC to bring to life a seamless, ultra-premium, highly personalized experience for each passenger traveling through this unique gateway, underpinned by stringent sustainability goals.”

The partnership will harness daa International’s extensive credentials in airport operations. Together with TRSDC, collective efforts will integrate innovative solutions across all RSI operations to eliminate and offset carbon emissions, optimize energy consumption, and advance efficiencies in resource and waste management.

TRSDC and daa International are working together towards ACI Europe’s Airport Carbon Accreditation Program with the intention of securing the highest current standard Level 4+, which would make RSI the first new airport to ever secure this standard before operations commence. Discussions are also in progress with regards to creating a new ‘Level 5’ standard, in turn making RSI the first airport in the world to acquire this new industry leading rating.

RSI is a uniquely regenerative airport, designed by international architecture firm Foster + Partners to provide an unforgettable aviation experience. The project is on-track to welcome its first passengers in 2023, with capabilities to serve an estimated one million domestic and international tourists per year by 2030 – at a peak of 900 travelers per hour.

The airport was successfully registered with the International Air Transport Association (IATA), and recently completed test landings and take-offs on the 3.7km main runway. The team also celebrated eight million safe man-hours with 2,400 workers.

RSI will be the first and only airport in the region with a dedicated runway for seaplanes and water aerodromes, regulated by a new set of GACA safety guidelines. The destination will also service hydrogen-powered seaplane variants, supplied by hydrogen-electric aviation firm ZeroAvia, as well as electric vertical takeoff and landing (eVTOL) and electric short takeoff and landing (eSTOL) aircraft technology.

Source: Saudi Press Agency

Posted on

Oil falls as investors take profit on China demand concerns

Singapore, Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world’s biggest crude importer, re-ignited concerns about falling global fuel demand.

Brent crude futures for December settlement fell by as much as 1.1%, and was last down 85 cents, or 0.9%, at $97.07 a barrel by 05:00 GMT.

West Texas Intermediate crude for November delivery declined by as much as 1.1% and was at $91.84 a barrel, down 80 cents, or 0.9%.

Services activity in China during September contracted for the first time in four months as COVID-19 restrictions hit demand and business confidence, data showed on Saturday, Reuters reported.

The slowdown in the economy of China, the world’s second-largest oil consumer after the U.S., adds to growing concerns about a possible global recession triggered by numerous central banks raising interest rates to combat high inflation rates.

“Oil … is getting hit with the triple whammy of China’s economic weakness, U.S. monetary policy tightening and Biden administration SPR intervention,” Stephen Innes, managing director at SPI Asset Management, said in a note.

Innes was referring to the possibility of additional releases from the U.S. Strategic Petroleum Reserve next month in response to the decision last week by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, to lower their output target by 2 million barrels per day.

Brent and WTI posted their biggest percentage gains since March after the reduction was announced.

The OPEC+ cuts, which come ahead of a European Union embargo on Russian oil, will squeeze supply in an already tight market. EU sanctions on Russian crude and oil products will take effect in December and February, respectively.

“The cut is clearly bullish,” ING analysts said in a note.

“However, there is obviously still plenty of other uncertainty in the market, including how Russian oil supply evolves due to the EU oil ban and G-7 price cap, as well as the demand outlook given the deteriorating macro picture.”

Analysts at banks and brokerages have raised their crude price forecasts and expect Brent to rise above $100 a barrel in the coming months.

Despite the promised cuts in output, Saudi Arabian state oil company Saudi Aramco has told at least five North Asian customers they will receive full contract volumes of crude oil in November, according to sources with knowledge of the matter.

That would indicate little change in the physical supply of oil at least to Asian buyers of crude from Saudi Arabia, who as OPEC’s biggest producer will assume a large portion of the announced reductions.

Source: Bahrain News Agency

Posted on

Ten people were killed and injured in a traffic accident north of Babylon

Hilla Three people were killed and seven others were injured when a Kia vehicle collided with a barrier in the Nile district, north of Babylon.

Civil Defense Media Director Aqeel Abdullah said, “A civil defense force managed to retrieve three bodies and rescue seven people who were inside a Kia car after it hit a roadblock in the Nile district, north of Babylon.

He added that the police transferred the bodies to the forensic medicine department, and that an investigation was opened into the accident to find out its causes.

Source: National Iraqi News Agency

Posted on

Oil Prices Decline And Brent Barrel Records 97 $

Baghdad Oil prices fell, on Monday, from their highest levels in five weeks, with the market reaping profits following strong gains last week, amid expectations of tight supplies after the OPEC + decision to reduce production and before the European Union imposed an embargo on Russian oil.

Brent crude futures fell 81 cents, or 0.8%, to $97.11 a barrel by 0131 GMT.

While US West Texas Intermediate crude recorded $91.88 a barrel, down 76 cents, 0.8%, according to “Reuters”.

Source: National Iraqi News Agency

Posted on

MPs Demand The Government To Declare The Marshes A Disaster Area

Baghdad MPs from Dhi Qar Governorate demanded the government to declare the marshes of southern Iraq a disaster area, and to provide them with a fair share of water.

MP, Hassan al-Asadi said, in a joint press conference today, Monday, that “the marshes of southern Iraq, despite their entry on the World Heritage List in July 2016, the state, both legislative and executive, did not abide by its responsibilities and did not provide its local communities with the infrastructure of schools, health centers and clean drinking water.”

He added, “The situation has reached the extent to which its water share has been violated, at a time when the strategic reserves in the dams of Mosul, Haditha, Dukan and Lake Tharthar were depleted by no less than 20 billion cubic meters in one year, starting from July 2021.”

He added, “The current amount of Al-Hawizeh Marsh does not exceed one cubic meter/second, out of 200 cubic meters/second released from the Kut Dam,” noting: “The water releases from the marshes have decreased to a large degree , and the rate of flooding has decreased to less than 8% of the origin of the stated goal of the marshes in 2005 to recover 5,560 km2.

He continued, “The government deliberately neglected, or even ignored, the recommendation of the fortieth conference of UNESCO to (provide a minimum amount of water for the marshes of southern Iraq within the World Heritage property to sustain the ecosystem) and to involve the local population and relevant civil society organizations in updating and implementing the management plan, and even violated that. The management plan has been shelved and has not been implemented.”

Al-Asadi called on the government to manage drought with an integrated work team, provide subsidized feed for buffaloes that do not find enough water to drink, include the marsh residents in the social protection network and release Article 140 allocations, and the resources of the urgent emergency plan until the water situation of the marshes improves.

Source: National Iraqi News Agency

Posted on

A Delegation from the House of Representatives Arrives in Rwanda to participate in the Meetings of the Inter-Parliamentary Union

Baghdad A delegation from the House of Representatives, headed by Deputy Speaker Shakhwan Abdullah, arrived in Rwanda today, Monday, to participate in the 145th General Assembly meetings of the 210th session of the Inter-Parliamentary Union and the Governing Council, which is being held in the Rwandan capital, Kigali, for several days.

The parliamentary delegation included (Arshad al-Salihi, Wahd al-Jumaili, Mudhar al-Karawi, Siham al-Moussawi, Adnan al-Jabri, Najwa Kaki), and Deputy Secretary-General of the House of Representatives, Sadiq Jumaa Hamid.

In a press statement, the head of the delegation stated that: “files of a high level of importance will be presented and discussed, including: stimulating parliamentary action to advance the local and regional development of countries, supporting and strengthening democracy, and peaceful solutions to conflicts, as well as the delegation’s participation in the meetings of the executive and permanent committees and sub-committees concerned with transparency, Accountability and openness.

Source: National Iraqi News Agency

Posted on

Al-Kadhimi promises the New Generation bloc to provide white oil to the Kurdistan region within two weeks

Baghdad The delegation of the New Generation Movement, headed by MP Sarwa Abdul-Wahid, met today, Monday, with Prime Minister Mustafa Al-Kadhimi.

The delegation discussed with Al-Kadhimi ways to solve the problems of the citizens of the Kurdistan region and provide the region’s share of fuel and white oil with the approach of winter.

For his part, Prime Minister Mustafa Al-Kadhimi promised to send a sufficient amount of white oil to the cities of the region within a period not exceeding two weeks, stressing his full support for all the rights of Iraqi citizens, including the citizens of the Kurdistan region.

Source: National Iraqi News Agency

Posted on

Al-Hakim discusses with a delegation from Anbar means to end the political crisis

Baghdad Head of the National Wisdom Movement, Ammar Al-Hakim, met today with the delegation of the United Anbar Alliance headed by Qassem Al-Mahdawi.

In the meeting, according to a statement by Al-Hakim’s office, they discussed ways of ending the political crisis and proceeding with the formation of a national service government.

Al-Hakim stressed the importance of Anbar and its stability for the security and stability of Iraq, stressing the need to preserve security and service gains.

He called for dialogue, communication and integration among all to maintain security and stability.

Al-Hakim stressed the importance of everyone’s attendance and leaving the intersection to the meeting space and giving up in the interest of the public interest and giving it priority on factional and private interests.

Source: National Iraqi News Agency

Posted on

Multiverse Labs launches world’s first city in metaverse with government of Sharjah, United Arab Emirates

Sharjahverse is the world’s first government-backed metaverse city available to the public.

DUBAI, UAE, Oct. 10, 2022 /PRNewswire/ — Multiverse Labs™ has partnered with the Sharjah Commerce & Tourism Development Authority (SCTDA) to launch Sharjahverse, a new generation of metaverse tourism for the Emirate of Sharjah. Using the Multiverse Labs platform, Sharjahverse is a significant milestone as it is the first true metaverse of city scale with economic and social utility.

https://youtu.be/CZ8Y-9-U7iY

(Actual in-engine images of Sharjahverse; these are not photographs)

Buhais Geology Park

Sharjahverse, encompassing all of Sharjah at 2,590 square kilometres (1,000 square miles), not only brings the emirate to a global audience and boosts the tourism economy, but also creates metaverse jobs for local employees at Sharjah’s iconic sights. It is a photorealistic, physics-accurate metaverse that unlocks commerce, innovation and imagination at scale and promotes the emirate as a destination of excellence. Sharjah is widely known as the cultural and historical heart of the UAE.

His Excellency Khalid Jasim Al Midfa, Chairman, Sharjah Commerce and Tourism Development Authority (SCTDA) said: “Transforming the mass market tourism industry towards next-generation, sustainable practices requires a new way of thinking. Virtual tourism in Sharjahverse will provide unprecedented access to almost any location, personalized guest experiences and enhanced entertainment. Multiverse’s groundbreaking and AI-driven approach will help push the limits of imagination and promote Sharjah as a destination of excellence.”Sharjah Museum of Islamic Civilization

Serge Lemonde, Global Head, NVIDIA Inception said: “NVIDIA Inception is designed to bolster cutting-edge startups, like Multiverse Labs, who are applying AI in new and innovative ways that ultimately benefit society.”

Cliff Szu, CEO, Multiverse Labs said: “Sharjahverse is both the world’s first government backed metaverse city viewable by the public, and the world’s most realistic metaverse. We’re beyond excited to be collaborating with the visionaries at SCTDA: His Excellency Chairman Khalid Jasim Al Midfa and His Excellency Director Sheikh Salim Mohammed Al Qassimi, and the exceptional marketing department at SCTDA.”

Multiverse’s platform is so realistic, it is being utilized around the world for more than just recreation, including simulations, services, and A.I. optimization. It includes our avatars generated from photographs of actual people, player-owned creations, and social interactions missing in digital twin platforms. That’s why we call Multiverse the first true metaverse; it’s far more than just land or a game. We look forward to unveiling the use cases we have been developing with partners in the coming months.Blue Souk

It’s enabled by our advanced generative A.I. and incredible team. We recently joined the NVIDIA Inception program and we used NVIDIA RTX™ technology for our projects. The creation of something on the scale of Sharjahverse just a year ago would have been impossible.”

Multiverse Labs will also enable new opportunities for a changing planet as the nation-scale metaverse for simulation can reduce energy consumption and increase facility optimization. Initially applied to the commerce and tourism industry today, it will advance into broader areas including public services, foreign direct investment, real estate, industrial factory zones, and the energy industry.Multiverse Labs

Members of the public at GITEX 2022 can experience Sharjahverse first-hand and create their own realistic avatar on the first and second floors of the epic Digital Sharjah stand.

About Multiverse:

Multiverse Labs builds metaverses with economic and social utility for governments and organisations. It utilizes advanced A.I. in a synergistic ecosystem to build, simulate, and create a new way to experience the internet. It was recently selected as one of the top six 2022 Emerging Giants by KPMG and HSBC, and as a top 1% participant in the K-Startup Grand Challenge 2022, an overseas startup acceleration program organized by NIPA (National IT Industry Promotion Agency) in South Korea.

About Sharjah Commerce and Tourism Development Authority (SCTDA):

Established in 1996, the Sharjah Commerce and Tourism Development Authority (SCTDA) is the main government agency in Sharjah tasked with promoting and regulating all activities related to the emirate’s tourism sector. The Authority is inspired by the Sharjah Tourism Vision 2021, which was launched by His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, to increase tourism flow to the emirate by 10 million tourists by 2021. The Authority is focused on adopting ambitious strategic plans to develop the tourism sector and to participate actively in local, regional and international exhibitions, in order to consolidate Sharjah’s leadership as an ideal environment for attracting business and contributing to inducing foreign direct investment into the country.

Photo – https://mma.prnewswire.com/media/1917071/Buhais_Geology_Park.jpg
Photo – https://mma.prnewswire.com/media/1917072/Sharjah_Museum_Islamic_Civilization.jpg
Photo – https://mma.prnewswire.com/media/1917073/Blue_Souk.jpg
Logo – https://mma.prnewswire.com/media/1917070/Multiverse_Logo.jpg

Posted on

‫”دار الأركان” و “باجاني أوتوموبيلي” تقدم للعملاء لمحة عن أول مساحة للمعيشة في العالم مستوحاة من علامة “باجاني”

دبى، الامارات العربية المتحدة, 10 أكتوبر / تشرين أول 2022 /PRNewswire/ — كشفت “دار الأركانالعالمية“، شركة التطوير العقاري الرائدة، والشركة الإيطالية المتخصصة في تصنيع السيارات الرياضية الخارقة “باجاني أوتوموبيلي”، عن أول شقة في برج “دافينشي” الفاخر الواقع في وسط مدينة دبي. الشقة تحفة فنية تمنح لسكانها المستقبليين لمحةً عن أول مساحة حصرية للمعيشة في العالم مستوحاة من علامة “باجاني” بالإضافة إلى مجموعة الشقق الفريدة في برج “دافنشي”.

Dar Al Arkan and Pagani Automobili give customers a glimpse of the world’s first-ever Pagani-inspired living space

وتعكس الشقق الثمانون بتصميمها جوهر فلسفة التصميم الإبداعية لهوراسيو باجاني التي تجمع بين الشكل والوظيفة لصناعة أشياء فريدة يدوياً، وسيجري تزيين جميع هذه الشقق بقطع مصممة خصيصاً من مجموعة الأثاث التي تحمل علامة “باجاني”، بالإضافة إلى مزيج من أفخر أنواع الرخام والأرضيات الخشبية المتشابكة وفق نمط “شيفرون” المتموّج، والأبواب التي تحمل شعار “باجاني” والإضاءة المخصصة. كل هذا يجعل من هذه الشقق ساحرة وآسرة الجمال بكل معنى الكلمة.

وستعيد الشقة المكونة من ثلاث غرف نوم تحديد مفاهيم أبعاد المساحة للراغبين في الاستقرار والعيش في دبي، وحققت أيضاً توليفة فريدة تجمع بين مزايا التصميم الإيطالي والتصميم المعاصر ليكون ذلك هو السمة المميزة لكل ما في الشقة، ويلخص براعة “باجاني” ويؤكد على مفهوم تخطي حدود الفخامة.

وقال هوراسيو باجاني، المؤسس ورئيس المصممين – “باجاني أوتوموبيلي إس بي إيه” : “تغمرنا السعادة بأن نرى جوهر علامة ‘باجاني’ ينبض بالحياة في المساحات الداخلية وتصميم الأثاث لأول مرة في العالم. وستكون هذه الشقة شاهداً على ما سيجلبه برج ‘دافينشي’ إلى دبي كأحد أكثر أماكن السكن المرغوبة في العالم. ونحن فخورون بشراكتنا مع ‘دار الأركان’، لأنها تمثل خطوة رئيسية لنا نحو الأمام في إطار استراتيجيتنا للنمو طويل الأمد لتعزيز مكانتنا كعلامة تجارية مميزة على مستوى العالم”.

من جانبه، قال  زياد الشعار، الرئيس التنفيذي لشركة دار الأركان  العالمية: “نحن في ‘ دار الأركان’ نواصل سعينا للبقاء في الطليعة من خلال نهجنا الفريد، والتعاون مع ‘باجاني أوتوموبيلي’ هو خير دليل على ذلك. وسيضع البرج السكني المميز ‘دافينشي’ معياراً جديداً كعمل فني حقيقي، وأنا على ثقة من أن الكشف عن الشقة الأولى سيعزز ثقة عملائنا في قدرتنا على توفير أسلوب حياة حصرية لهم”.

وبينما ستزدان كل زوايا الشقق بطابع “ باجاني المميز”، فسيكون لكل غرفة رونقها الفريد أيضاً. من المطبخ، بتصميمه الإيطالي الذي يعطي إحساساً بالرحابة والدفء، إلى غرفة محاكاة السيارة التي تجسد مقصورة مثالية للرجل بجدرانها المبطنة بالجلد وشكلها المستوحى من قمرة القيادة، سترسي هذه الشقق الفريدة من نوعها معياراً جديداً للحياة العصرية.

لمزيد من التفاصيل اتصل على الرقم: 800 40 40 4   لحجز زيارتك أو اضغط هنا:

  https://www.daralarkan.com/project/dar-al-arkan-pagani-tower/

الصورة – https://mma.prnewswire.com/media/1915438/Pagani_Living_Room.jpg

فيديو – https://mma.prnewswire.com/media/1915524/Dar_Al_Arkan_and_Pagani.mp4
فيديو – https://mma.prnewswire.com/media/1915523/Dar_Al_Arkan_and_Pagani2.mp4

Posted on

Tencent Cloud Premieres at GITEX in Dubai to Showcase Gaming, Media and Mobile Solutions 

Leading service provider to introduce high-quality, high-performance solutions to the Middle East

DUBAI, UAE, Oct. 10, 2022 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced its debut showcase at the Gulf Information Technology Exhibition(GITEX), an annual computer and electronics trade conference held in Dubai, United Arab Emirates. Tencent Cloud is set to make its premiere at the event with the theme “Cloud for Digital Entertainment and Digital Content”, which illustrates how the company will diversify its regional ecosystem and support local innovation on games and media in the Middle East.

Tencent Cloud is a leading service provider, with a worldwide footprint of 26 geographic areas on five continents with 70 availability zones, and 2,800 CDN nodes across more than 70 countries and regions worldwide. Through its extensive global infrastructure, Tencent Cloud provides businesses with high-performance, highly reliable and secure cloud products and services, leveraging technological advancements such as cloud computing, big data analytics, AI, IoT and network security.

At the event, Tencent Cloud is scheduled to showcase three of its products, shining a spotlight on its gaming, media and mobile capabilities:

  • Game Cloud – a unique offering with geographically distributed architecture to address high-latency issues and deliver the best gaming experience and performance across the Middle East region.
  • Media Services – a complete suite of Platform as a Service (PaaS) and application Platform as a Service (aPaaS) products, including Tencent Real-Time Communication (TRTC), Cloud Streaming Services (CSS), Video on Demand (VOD), Instant Messaging (IM), Media Processing Service (MPS) to provide solutions for various scenarios and help developers and enterprises launch audio/video applications with ease.
  • Tencent Mobile Framework (TMF) – the most successful and proven mini-Program open platform, which runs 6.5 million mini programs in Weixin and is home to a community of 3 million mini program developers.

Dan Hu, Vice President of Tencent Cloud International for the MENA region, said “For many years, Tencent Cloud has been looking forward to exploring new possibilities in the Middle East. With the GITEX being attended by gaming, media and mobile experts, practitioners and enthusiasts, it is the perfect venue to introduce Tencent Cloud’s highly reliable, high-performance and high-quality solutions, further widening our global footprint and serving more people with their digitalization journeys.”

As one of the biggest global tech events over the last 41 years, GITEX features major technology players, trends and verticals, covering sectors including smart cities, cybersecurity, the data economy, mobility, healthcare and telecoms. Attended by over 5,000 leaders and innovators, participants have the opportunity to access global tech enterprises and startups from more than 170 countries and over 400 active investors.