Business

DUBAI: The Kuwait Direct Investment Promotion Authority’s (KDIPA) participation in the Kuwaiti pavilion at Expo 2020 Dubai aims at encouraging and attracting global investors to endorse investments in Kuwait, said an official yesterday. KDIPA executive Bibi Marafi said that the authority was considered as the main source of investment promotion in Kuwait, adding that it facilitated entry procedures for investors worldwide.

Marafi also added that KDIPA was contributing to new Kuwait Vision 2035 by offering jobs in the Kuwaiti market through the authority’s website. She revealed that they offered their services throughout the period of the expo by answering any inquiries.

Kuwait’s participation in Expo 2020 Dubai is considered one of its largest contributions abroad with its pavilion covering an area of 5,500 square meters. The pavilion is designed to simulate Kuwait’s water towers that represent renewable energy, which was the reflection of the official slogan ‘New Kuwait, New Opportunities for Sustainability’. – KUNA

KUWAIT: (From left) Zain’s Waleed Al-Khashti, Malek Al-Sabah, Minister of Electricity, Water, and Renewable Energy Dr Mishan Al-Otaibi and Zain Kuwait CEO Eaman Al-Roudhan.

KUWAIT: Zain, the leading digital service provider in Kuwait, took part in the special event held at Sheikh Jaber Al-Ahmad Cultural Center (JACC) to officially launch the smart meters project. The event was held in the presence of Dr Mishan Al-Otaibi, Minister of Electricity, Water, and Renewable Energy, and Eaman Al-Roudhan, Chief Executive Officer of Zain Kuwait. Zain’s participation came as part of its partnership with the ministry to manage electricity and water smart meter systems in Kuwait.

During her opening speech at the event, Roudhan said: “We are extremely proud to be a strategic partner to the government, represented by the Ministry of Electricity and Water, to support the successful launch of the smart meters project, which we started back in 2017. This initiative is one of the first real results of Kuwait’s digital transformation journey, and we cannot be prouder to be a part of it.”

Zain Kuwait CEO Eaman Al-Roudhan delivers her speech at the event.

Roudhan added: “The smart meters project is one of the biggest in our nation’s energy and ICT sectors, as it highlights the government’s solid vision towards adopting more digital applications and e-government tools. It also reflects the importance of benefitting from the private sector’s expertise to present citizens and the whole community with an added value.”

Roudhan explained that the project would introduce flexibility and ease into consumer transactions within the ministry, while also presenting more data related to consumption rates and more control over energy conservation practices. The new system will also add great value to the country, allowing officials to monitor and encourage bill settlement via online payment channels with extreme ease. This is especially true as the Kuwaiti market is already mature when it comes to adopting and using digital applications and online payment methods. Roudhan noted: “Today we are reaping the fruits of partnering with the public sector into taking the digital transformation journey we started together in 2017.”

Roudhan continued by saying: “As part of our belief in the integral role played by the partnership between the public and private sectors in progressing the nation’s digital transformation, we started to make our tech resources available to serve the government’s digital transformation goals long ago. This is because we strongly believe that technology continues to have a growing role in all aspects of life.”


Zain Kuwait CEO Eaman Al-Roudhan, Minister of Electricity, Water, and Renewable Energy Dr Mishan Al-Otaibi and MEW officials attend the event.

Roudhan added: “Being a leading provider of the latest digital services, we partnered with the public sector in many major projects across various sectors. Some of the top examples include our development of the ‘Shlonik’ platform to monitor home quarantine in collaboration with the Ministry of Health, offering safe cities solutions in partnership with local co-ops, as well as developing the unique Kuwait TV app in collaboration with the Ministry of Information. In addition, we supported the country’s efforts to stop the spread of COVID-19 by offering remote business solutions, and many other examples.”

Roudhan further added: “I would like to take this opportunity to thank all the teams whom we worked with in the Ministry of Electricity and Water since the beginning of our partnership on this project. I would also like to stress that we will always be fully committed to make our expertise and human resources available to strengthen our partnership with the local community to serve the nation’s wellbeing”.

Roudhan concluded: “Zain is always ready to introduce the latest smart solutions that enable and empower the achievement of the country’s developmental goals. We will surely play our role to raise the efficiency of the government’s infrastructures and advance our country under the wise leadership of HH the Amir and HH the Crown Prince.”

Zain’s role in this project includes managing world-class smart meters, managing the meters’ operating systems, as well as the development and management of a massive database specially developed for this project. Zain will also introduce a secure e-payment system through MEW’s official website and through the free MEW mobile app for iOS and Android devices, where consumers can monitor their smart meter’s readings in real-time and receive bill reminder notifications and more. Zain also innovated payment systems similar to those the company offers to its customers, where citizens and residents will be able to pay electricity and water bills through prepaid or postpaid plans that fit their unique needs.

The smart meters project aims to eliminate the requirement for a manual process to obtain meter readings, replaced instead by a state-of-the-art electronic platform that automatically collects meter readings, while also being able to inform MEW’s support team of any failures within the system in real-time.

Zain continuously offers the latest and most advanced services and solutions to showcase its capabilities as an active partner in empowering a smart life, a safe community, and an efficient business sector. The company considers itself a main partner in the achievement of the country’s developmental goals.

 

(2 October 2021, UAE) Today, SAIC Motor is representing China’s automobile industry at Expo 2020 Dubai, where it unveils its autonomous new-energy “KUN” concept car at the China Pavilion.

Expo 2020 Dubai has officially opened on October 1st and SAIC Motor’s latest concept car, "KUN", will be one of the stars of the China Pavilion, demonstrating the powerful, innovative and state-of-the-art technology that is currently being developed and manufactured in China.

SAIC Motor’s "KUN" concept is jointly created by design teams in both Shanghai and London and will provide a unique experience for visitors to the China Pavilion at Expo 2020 Dubai. It integrates bio-intelligent interaction, photosynthetic energy, zero-gravity seats, holographic image interaction and advanced autonomous driving technologies to reflect the future of smart mobility.

Tom Lee, Managing Director of SAIC Motor Middle East, commented: “The “KUN” concept car reflects SAIC Motor’s history, ambitions and path as it pursues its goals for green mobility and future technology. The car not only spearheads SAIC’s vision of smart mobility, but it also emphasises our objective to establish a shared future centred around green mobility, smart life and premium technology. We in the Middle East are extremely proud of SAIC’s strategic presence at the China Pavilion during Expo 2020 Dubai, and we are looking forward to sharing our concept car “KUN” with all our visitors.”

 

SAIC Motor is strategically representing China's automotive industry. Its products and services are available in more than 70 countries around the world. SAIC Motor is soaring in its international markets, with sales overseas exceeding 370,000 units, with a year-on-year increase of 106.4 per cent.

The MG brand has reached 182,000 units with an increase of 83.9 per cent year-on-year. MG sales in developed countries accounted for nearly 40 per cent, and New Energy Vehicle (NEV) sales of self-owned brands in European countries such as the United Kingdom, Norway, Denmark, and Iceland hit nearly 19,000 in one year.

 

-ENDS-

 

Notes to editors:

Image 1: SAIC KUN concept car

Image 2: SAIC KUN concept car

Image 3: SAIC KUN concept car’s interior

 

About SAIC MOTOR Corporation Limited (SAIC MOTOR):

SAIC MOTOR Corporation Limited (SAIC MOTOR) is the listed automotive company on China's A-share market with the largest market value. SAIC MOTOR's business covers research, production and sales of vehicles and accessories. It also covers the automobile service and trade businesses including logistics, vehicle telematics and second-hand vehicle transactions, as well as auto finance services.

SAIC's affiliated vehicle companies include SAIC MOTOR Passenger Vehicle Branch, SAIC MOTOR Commercial Vehicle Co, Shanghai Volkswagen, SAIC-GM, Shanghai General Motors Wuling (SGMW), NAVECO, SAIC-IVECO Hongyan and Shanghai Sunwin Bus Corp (SUNWIN).

About MG:

MG is a British-born automotive brand established in 1924, known for its historic models, awards and achievements throughout the past 96 years. MG was founded by William Morris and Cecil Kimbers and has the oldest car club in the automotive industry. Best known for its two-seat open sports cars, MG also produced saloons and coupes. Since its acquisition of MG, SAIC MOTOR, as a Global Top 500 company, has opened a new chapter for this British icon. MG is at the forefront of the introduction of innovative technologies and new energy vehicles for car buyers.

All Our Triumphs are inspired by one big factor – You!
                                                                                  
The various awards and recognitions that we bagged are the result of the energy, which you, the customer, continue to instill in us.  We, at Al Muzaini, always strive to offer you the best of quality products and services that add more convenience to your lifestyle. Our state-of-the-heart technology, adherence to quality benchmarks, secure processes and customer-oriented services, strive to ensure greater value for your money, every time. It is this commitment to customer service and penchant for superior quality, that had won us your trust, along with prestigious awards from various organizations. We reinforce our commitment to strive to bring you the best every time. For the last 7 Decades, we believe in three main factors – quality products, strategically designed process and customer-centric approach, which lead us towards a single aim – Customer Delight.
 
Our passion to make ourselves unique in the market always resulted in setting a trend. Towards this,  we adapt latest technologies to improve on our services. Every product or services is designed with the customers in mind and to address their requirements to their fullest satisfaction. We convert every challenge into opportunity and utilized it to the advantage of our customers. As a result, our passionate service and 7 decade of existence in Kuwait are enjoyed by over 2 million customers, a passion to win the hearts of our customers, a passion to offer quality services and a passion to reach ahead in the competitions.  
 
We believe, more than our success, it is the triumph of the trust customer place on us. Marching towards 8th decade, these awards are dedicated to all our customers and well-wishers.
“Thank You”, though words could never describe our gratitude towards You.
 

The new island resort will be Anantara’s seventh property in the UAE and the

first resort to open on the World Islands

 

Dubai, August 2021: Anantara Hotels, Resorts & Spas has announced an exciting upcoming addition to its Middle East portfolio. The luxury brand already operates nine hotels and resorts in the region, including six in the United Arab Emirates, with the newest addition to launch in Q4 of 2021.

Anantara World Islands Dubai Resort is in the final stages of development in the World Islands archipelago, located in the Arabian Gulf, approximately four kilometres off the coast of Dubai in the UAE. The new resort is the first hotel in the South American continent of the World Islands development. The island will be completely dedicated to the resort, with guests able to access by boat in just 15 minutes from the jetty at Anantara The Palm Dubai Resort.

The property will feature 70 keys comprised of suites, beach and pool villas. Villas will have a private pool, an outdoor dining area and direct access to the beach, making the perfect retreat for families and couples. In-room spa treatments, a gym and a kid’s club will also be part of the new resort's amenities. Flora and fauna are abundant on the island, so it is truly a place to escape the city and immerse in nature.

Dining options will include a Mediterranean al fresco restaurant and Arabic-Indian specialty dining, perfect for romantic dinners and offering barbecues on the beach. In addition, freshly caught seafood will be prepared by a talented in-house team of chefs who will bring the finest fare to the island. A stylish bar lounge will offer magnificent panoramic views of the Dubai skyline, including the famous landmarks Burj Khalifa and Burj al Arab, even more special at sunset.

Anantara World Islands Dubai Resort is owned by luxury real estate and hospitality developer Seven Tides Limited and holding company with a portfolio of exceptional properties, including the hugely popular Anantara The Palm Dubai Resort.

 

 

 

 

 

Dillip Rajakarier, CEO Minor Hotels, parent company of Anantara, commented, “Anantara World Islands Dubai Resort will be the first hotel to open on this archipelago, offering guests a truly memorable escape just off the coast of Dubai. Showcasing Anantara’s authentic luxury while maintaining a tropical island vibe, the resort is a unique proposition for this location. Guests will be able to experience the wonder of Dubai and the ambiance of an island sanctuary, all in this stunning new Anantara resort.”

Abdulla bin Sulayem, CEO of Seven Tides Limited, added “Anantara is one of the world’s most prestigious luxury hotel brands, which is already well established in Dubai and the UAE. Seven Tides and Anantara are further strengthening our relationship with this exciting new venture on the World Islands, representing a new milestone in hospitality and for the city.”

Anantara currently operates more than 40 hotels across Asia, the Middle East, Africa, Europe and the Indian Ocean, with a pipeline of new developments including in the Middle East region, Europe and Asia.

Jeddah, Saudi Arabia July 2021 – Upon completing all necessary conditions and obtaining all regulatory approvals, the founding shareholders of Red Sea Gateway Terminal Limited (RSGT) have officially completed their 40% RSGT equity sale to the Public Investment Fund (PIF) and COSCO SHIPPING Ports Limited (CSPL) (20% each). The transactions imply an enterprise value for RSGT of USD 880 million and a total gross inflow of equity value for the founding shareholders USD 280 million. The founding shareholders will reduce their combined shareholding to 60%.

PIF is the economic engine of Vision 2030, driving the diversification of Saudi Arabia’s economy. The investment in RSGT is in line with PIF’s 2021-2025 strategy that focuses on 13 key priority sectors, including Transport and Logistics. The location is on the main East-West trade routes, with close proximity to the main cargo end destinations on the West Coast of Saudi Arabia and captures significant intra-Red Sea trans-shipment cargo volumes. The investment will help to transform RSGT into both a regional and global logistics hub in line with PIF’s mission of unlocking new economic opportunities locally and globally. 

RSGT will benefit and enhance its value proposition with the support of and a leading global ports operator like CSPL, which they will bring new momentum to the growth of RSGT’s business volume. Both new shareholders will help drive future growth on seaside and landside logistics.

Jens O. Floe, CEO of RSGT, said, “This is a significant milestone for RSGT’s, demonstrating both our strength a business and the confidence which the industry and investment community have in our strategic planning and implementation. Working closely with PIF and CSPL, we will accelerate our shared vision, further strengthen our customer offering, and elevate our mandate to meet the increasing demand for terminal and logistics services. RSGT will continue to focus on developing a niche emerging market operator with a keen focus on ports in the Red Sea and East Africa.”

Having commenced operation in 2009, RSGT is located at the world-class Jeddah Islamic Port, a crucial logistics hub serving as a global trade nexus linking Asia, Europe, and Africa, as well as an increasingly important regional business center.

Moreover, RSGT continues to bring excellence to the trade with the 30-year concession (“BOT agreement”) with Saudi Arabian Ports Authority (“Mawani”) – announced in late 2019 and commenced in April 2020. RSGT assumed the operations of the North Container Terminal in Jeddah Islamic Port and has significantly expanded its handling capacity from 2.5 million TEU to 5.2 million TEU, becoming the largest container terminal in KSA. Throughout the concession period, RSGT’s annual throughput capacity is envisaged to grow to about 9 million TEU following an investment plan of USD 1.7 billion in infrastructure, equipment, and technology. 

RSGT will remain an independent terminal operator, servicing its customers across the global logistics chain. It will also continue to focus on the development, construction, operation, and maintenance of port terminals and on logistics services.

“Moving forward, a key element of RSGT’s ongoing development plan, beyond domestic and targeted international expansion, is to further develop our modern port and supply chain facilities enabling us to better meet the needs of our global and local customers”, added Jens O. Floe.

  • The first fragrance in the new ‘Amir’ collection - ‘Amir One’ is an ode to Ajmal’s seven decades of heritage and craftsmanship in the art of oriental perfumery
  • The signature fragrance is crafted by the CEO of Ajmal Perfumes, Mohd. Amiruddin Ajmal

 

13 July, 2021, Kuwait:  Ajmal Perfumes, a brand with rich heritage and seven decades of craftsmanship in the intricate art of perfumery launches the new ‘Amir’ collection. The exclusive signature scent, ‘Amir One’ is crafted for connoisseurs, to complement their sheer sophistication and set them apart from the ordinary.

Each ingredient from the exhilarating scent is personally hand-picked by Master Perfumer and CEO, Mohd. Amiruddin Ajmal to bring out the sublime essence of ‘Amir One’ to life, creating its own niche.

The fragrance highlights oriental art of perfumery with fresh and comforting top notes of Citrusy Aromatic top of Bergamot, Lemon, Lavender followed by floral woody heart notes of Rose, Jasmine, Lily of The Valley settled on the classic luxurious base of Musky Ambery Oudhy notes. The signature perfume invokes a reminiscent experience with a lasting bold imprint.

“The ‘Amir’ collection from Ajmal Perfumes is an exclusive scent created with three key words in mind - sophistication, luxury, and uniqueness.  The alluring fragrances add a new essence of regality and is available for both him and her. 'Amir One' - the 1st fragrance offering from the ‘Amir’ collection is a timeless homage to the 7 decades of magical mystique in oriental perfumery. The splendid new 'Amir One' is carefully crafted for connoisseurs who desire to encompass a bespoke blend. This fragrance exudes power, experience, and luxury” - says Deputy COO, Abdulla Ajmal, Ajmal perfumes

The rich full-bodied fragrance ‘Amir One’ is now available at Ajmal Showrooms and Online @shop.ajmalperfume.com for 53 KD for 50 ml across the GCC markets.

 

 

 

About Ajmal Perfumes:

Inspired by the glorious Orient, Ajmal began its perfumery journey with the world’s oldest form of fragrances – Perfume oils. Over the last 70 years, Ajmal has created a unique niche in the world of perfumery in the Middle East, as Producers | Manufacturers | Retailers & Distributors. Ajmal offers a plethora of fine Western and Oriental fragrances and are renowned for its expertise in bringing the most exquisite Oudh and Oudh related products. Ajmal’s retail presence spans across 240 exclusive showrooms within the GCC and the world.

https://www.ajmalperfume.com/

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