Author: menewscast.com

The Saudi Ports Authority (Mawani) launched the Smart Ports initiative that aims to automate operations in Saudi ports, with the presence of Minister of Transport and Logistics, Eng. Saleh bin Nasser Al-Jasser; Minister of Communications and Information Technology, Engineer Abdullah Al-Swaha; President of Saudi Ports Authority, Omar bin Talal Hariri, and representatives of partners in the initiative, which entails a selection of leading Saudi and global companies in the technical and logistical sector. Mawani signed three Memorandums of Understanding (MoUs) during the launch ceremony for the Smart Ports initiative, including agreements with (STC), Ericsson and Huawei, the Saudi Global Ports…

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It turned out to be a nightmare for Max Verstappen who ended up failing to defend his Formula One title when he retired near the end of the Bahrain Grand Prix, allowing Ferrari to clinch a 1-2 finish with Charles Leclerc finishing ahead of teammate Carlos Sainz Jr. Lewis Hamilton, the seven-time Formula One champion, finished in third place after Sergio Perez’s Red Bull also retired with the finish line in sight after the race went under a yellow flag. After Hamilton had been lagging behind in fifth, when late drama took place on lap 46 to decide the race,…

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His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met with the President of Syria, Bashar al-Assad, here at Qasr Al-Shati’ Palace. The Syrian President’s visit comes in the context of both countries’ keen interest in continuing consultation and coordination on issues of mutual interest. In his remarks, Sheikh Mohamed wished for goodness, peace, and stability to prevail in Syria and the entire region. He was briefed by President Bashar al-Assad on the latest developments in Syria. The two sides discussed bilateral relations, prospects for cooperation and…

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Technology Innovation Institute (TII), a global research center and applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), announced the launch of its Impact Lab at Advanced Materials Research Centre (AMRC). In a first for the MENA region, the new project provides an ideal testbed for state-of-the-art materials, laminates, and composites. TII AMRC established one of ten initial dedicated centers to create a global center of excellence for applied research on metals and composites, including meta-, nano-, smart-, self-healing-, energy-absorbing -, and additive manufacturing materials. AMRC’s vision is to bring advanced materials to a stage where they can be…

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The legendary cricketer Shane Warne died during a holiday in Koh Samui, Thailand, after suffering a suspected heart attack. He was 52 years old. During his 15-year career with Australia, Warne took 708 Test wickets and won the 1999 ODI World Cup. He was named one of Wisden’s Five Cricketers of the Century. His manager Michael Cohen said a heart attack is suspected to have caused his death. Australian cricket, along with the whole cricketing world, is in a state of shock at the loss of Shane Warne, a true cricketing genius. Despite medical staff’s best efforts, Shane could not…

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Following a steep decline in COVID-19 infection rates in Qatar, the country updated its travel and return policy to exempt its vaccinated citizens and foreign residents from pre-arrival PCR testing. Qatar’s Ministry of Public Health issued directives that came into effect at 7pm on Monday, February 28. The update requires unvaccinated citizens and expatriates to undergo PCR testing 48 hours before departure from any of the countries placed on Qatar’s Red List travel list. Exempted from the requirement are Qatari citizens and foreign residents who have been fully vaccinated regardless of their departure countries. Coronavirus restrictions in Qatar were eased…

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Chairman of the Capital Market Authority (CMA), Shaikh Abdullah Salem al Salmi, approved on Thursday the licensing of the first crowdfunding platform operator in the Sultanate of Oman, Ethis Investment Platform LLC. It is the first Islamic global crowdfunding platform to operate in Oman. A nod from the Authority is the first since the new Crowdfunding Platform Rules were issued on November 21, 2021. CMA has attracted overwhelming interest from international as well as local crowdfunding fintech players since it has been made very facilitative and allows cross-border investing. As part of the new regulation, the CMA will be regulating…

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The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, His Highness Sheikh Mohamed bin Zayed Al Nahyan, received Mario Abdo Benitez, President of Paraguay, who is currently visiting the UAE to attend the National Day celebrations at Expo 2020 Dubai. They discussed bilateral relations between the two countries at the Al Shati Palace, reinforcing their cooperation in areas such as economics, investment, commercial, development, and renewable energy. A number of regional and international topics of mutual interest were also discussed. The two then discussed the UAE’s successful hosting of Expo 2020 Dubai and Paraguay’s…

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The Prime Minister, Najib Mikati, held a series of ministerial meetings at the Grand Serail. In this context, the PM met with Economy and Trade Minister, Amin Salam, to discuss the country’s food crisis. This was in light of the citizens’ mounting fear of a possible shortage of wheat for bread, in Lebanon, a staple necessity. Salam told Mikati that Lebanon only has enough wheat to last for a month or a month and a half at most. Moreover, he confirmed that the Council of Ministers also authorized the Directorate of Grains and Sugar Beets to purchase 50,000 tons of…

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The leading real estate developer in Sharjah, Alef Group, has launched its new project, Hayyan under the theme Making Homes Human. With an estimated value of AED3.5 billion, the project covers 8.7 million square feet, embodying the spirit of Sharjah, with a total of 1,836 villa units spread out over three distinct zones. The project should be completed by the second half of 2025. The first area of the project is divided into three different phases. The project’s first phase will see the delivery of 268 villas in the vibrant Aryam neighborhood designed to the highest standards, which includes a…

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