Author: Mahdeehassan

The Government of Canada has recently announced significant reforms aimed at strengthening its temporary residence programs. These changes, part of a larger effort by Immigration, Refugees and Citizenship Canada (IRCC), are designed to safeguard the integrity of migration pathways, reduce fraud, and address pressures on sectors like housing and health care. With a focus on temporary foreign workers, international students, and refugee claimants, the reforms will also ensure that Canada continues to meet its labor market needs while protecting newcomers from exploitation. One of the key components of this strategy is the plan to decrease the number of temporary residents…

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The European Bank for Reconstruction and Development (EBRD) has appointed Mark Davis as its new Managing Director for the Southern and Eastern Mediterranean (SEMED) region. He will take up his position on 1 October 2024. Mr Davis replaces Heike Harmgart, who has recently been appointed EBRD Managing Director for Sub-Saharan Africa. An American national, Mr Davis is currently the EBRD’s Regional Head of Central Europe, covering Croatia, Czechia, Hungary, the Slovak Republic and Slovenia. With 28 years of experience in international financial institutions and commercial banking, Mr Davis has a strong track record of developing business in European Union (EU) countries, eastern Europe and Central Asia,…

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The National Programme for Coders and Samsung Gulf Electronics have announced the start of registration for its latest youth training programme, Galaxy AI Pioneers, designed to introduce UAE nationals and residents aged 12-17 to the dynamic field of Artificial Intelligence (AI). Following the successful Samsung Innovation Campus initiative on the sidelines of the UAE AI Camp 2024, the new initiative marks a new milestone in the long-standing partnership between Samsung and the UAE Office of AI to offer a comprehensive and engaging curriculum to nurture the next generation of AI innovators. Galaxy AI Pioneers classes will be delivered in a…

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Hotpack Global, the UAE-based global leader in packaging products, has announced its support for the UAE’s nationwide visa amnesty initiative aimed at assisting job seekers. In alignment with this initiative, Hotpack Global is offering 200 job placements to amnesty seekers, with over 100 candidates already shortlisted. The UAE’s visa amnesty initiative provides an invaluable opportunity for individuals to regularize their visa status and find suitable employment. As a part of its commitment to this cause, Hotpack Global has taken proactive steps by conducting on-ground interviews and offering opportunities to those seeking amnesty. Commenting on the initiative, Mr. Abdul Jebbar PB,…

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Riyadh, September, 2024 – As part of its corporate expansion, Amsa Hospitality is pleased to announce the appointment of Muin Serhan as its new Chief Executive Officer. A seasoned hotelier with an international background, Serhan will report to Mohammad Alathel, founder and now Managing Director of the Saudi hospitality startup. Serhan brings 24 years of global experience with leading hotel chains to his new role. His award-winning career has demonstrated his ability to successfully build and operate large properties in various locations, both within the Kingdom and abroad. Mohammad Alathel, Managing Director of Amsa Hospitality, commented, “I am thrilled to…

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Sobha Realty, a leading global luxury real estate developer, announces the successful execution of a strategic tap into its existing sukuk on Tuesday, September 10, 2024. This latest tap is an extension of the Developer’s inaugural sukuk issuance of USD 300 million, which took place in July 2023 and currently has an outstanding balance of USD 270 million. This sukuk was listed on both the London Stock Exchange (LSE) and NASDAQ Dubai. With the completion of this tap, Sobha Realty’s total sukuk issuance now reaches a benchmark size of USD 500 million. The tap adheres to the existing sukuk terms,…

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In line with its commitment to enhancing accessibility to complex care in the UAE, Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has launched the Nader Orthopedics & Sports Medicine Center at Burjeel Day Surgery Center, Al Reem Island. The state-of-the-art facility employs the latest medical technology and innovative treatment techniques to deliver personalized care. The center was inaugurated by His Excellency Adnan Hamad Al Hammadi, Member of the Federal National Council, alongside Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, Mr. John Sunil, Group CEO of Burjeel Holdings, Mr. Omran Al Khoori, Executive Board Member at…

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Tenable®, the exposure management company, today announced the release of AI Aware, advanced detection capabilities designed to rapidly surface artificial intelligence solutions, vulnerabilities and weaknesses available in Tenable Vulnerability Management, the world’s #1 vulnerability management solution. Tenable AI Aware provides exposure insight into AI applications, libraries and plugins so organizations can confidently expose and close AI risk, without inhibiting business operations. The rapid development and adoption of AI technologies in the past two years has introduced major cybersecurity and compliance risks that organizations must proactively address without established best practices. As a result, cybersecurity teams face significant AI-related challenges, such…

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ABU DHABI, September 2024 – ESMAA, an Abu Dhabi-based rights management entity representing global music stakeholders in the Gulf and Middle East, and Anghami (NASDAQ: ANGH), the leading music and entertainment streaming platform in the Middle East and North Africa region, announce a new music licensing agreement on behalf of independent music publishers. This deal marks the resolution of a legal dispute between ESMAA (representing PopArabia and Reservoir) and Anghami, clearing the path for a new joint performance and mechanical licensing agreement based on global practices for representation, reporting, and claims. ESMAA represents the repertoire of PopArabia, including the company’s…

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Lamar Holding and Asyad Group Announce EPC Contract Award to TOP Engineering /Shaanxi Construction Corporation for Haradh and Wudaihi Housing Project, Groundbreaking Ceremony Marks Construction Commencement Riyadh, Saudi Arabia – Lamar Holding and Asyad Group, the primary developers of the Haradh and Wudaihi Staff Housing Complexes, are excited to announce the awarding of the Engineering, Procurement, and Construction (EPC) contract to TOP Engineering/Shaanxi Construction Corporation, through their SPV (First Developers Real Estate Development Company). This announcement coincides with the official groundbreaking ceremony, which marks the commencement of construction for the project. The development will deliver over 140,000 square meters of…

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