Gewan Island: A Harmony of Luxury Living and Investment Potential

PwC Legal Middle East has launched a new Legal Generative AI solution as part of its continued investment in technology, aimed at accelerating the transformative impact of GenAI within the legal industry. This groundbreaking solution, the first of its kind in the region, further enhances PwC’s NewLaw practice, which focuses on helping organizations streamline legal workflows and processes through innovative tech and resourcing solutions.

By leveraging PwC’s global partnerships with OpenAI, Harvey, and Contract PodAi (LeAh), PwC Legal Middle East will offer a range of services to private sector and government entities, from identifying and prioritizing GenAI legal use cases to selecting and procuring the right technology, providing custom build or configuration support, and offering critical change management assistance throughout the implementation process.

Findings from PwC Middle East’s recent annual CEO survey highlights that almost three-quarters of Middle East CEOs expect GenAI to significantly change how their companies create, deliver, and capture value over the next three years, while almost half say they changed their tech strategy last year because of GenAI, ahead of the 31% global average. PwC expects companies in the region to benefit from early adoption of GenAI, with the technology offering greater efficiency and accuracy for legal functions.

PwC Legal Middle East is also augmenting its existing legal advisory, governance, and compliance services using AI and GenAI in an effort to deliver these and new services more efficiently and at a lower cost to the client.

PwC Legal GenAI’s offering will be led by Alex Rosenrauch, the newly appointed Legal AI and NewLaw Leader at PwC Middle East. Alex comes with extensive experience in building, implementing, and procuring Legal Tech solutions for clients across Asia Pacific (APAC) and the US, and he led the Legal AI and GenAI delivery capability for PwC across the APAC region before moving to the Middle East.

Commenting on the announcement, Rosenrauch said: “In an era where nearly three-quarters of CEOs in the Middle East anticipate GenAI to significantly change the way their company creates, delivers, and captures value, there’s no doubt that legal needs to keep up. Our first-of-its-kind offering is not just a testament to our commitment to legal innovation, but also a reflection of our deep investment in the region’s legal tech landscape. By expanding our NewLaw capability, doubling down on our legal tech capabilities, and forging strategic partnerships with industry leading solutions including OpenAI, Harvey, and LeAh, we are setting a new standard for legal innovation in the Middle East.”

Sandeep Agrawal, Global Legal Technology and Alliances Leader at PwC, added: “Our new legal technology offering in the Middle East is designed to meet the unique needs of the region t. Our global Legal leadership is investing significantly in the Middle East to make sure our clients in the region gain access to the latest GenAI models of PwC as well as our key alliance partners. We are also investing in custom GenAI Arabic models taking into account the intricate nuances of regional requirements to ensure that the legal tech is perfectly tailored for both present and future applications.”

Amir Kordvani, Head of Legal for PwC Middle East, added: “We understand that our clients are increasingly prioritizing GenAI in their operations. Recognizing this shift, we are committed to investing in legal Gen AI solutions to enhance our service offerings. We are dedicated to empowering businesses to harness the transformative potential of Legal GenAI. This is more than an advancement in technology; it’s a leap forward in how legal services are envisioned and delivered in the Middle East.”

The new offering will be showcased at PwC’s inaugural Middle East LegalTech Evolution Summit on 15 October in Dubai, as well as during PwC’s ongoing Tax and Legal Seminar Series.

PwC’s expertise and long-term experience in the region will help ensure that the technology is fit for purpose now and in the future. The technology will be available to both corporate legal departments and business teams to drive next generation innovation.

Ford, working with Scottish company Ceres Holographics, showed off last week what could become the future of head-up displays, or HUDs as they’re commonly known.

HUDs almost magically display useful information such as speed and turn-by-turn directions on the lower part of the windshield, where it can be seen without taking the driver’s eyes off the road. For years now, automakers and their suppliers have imagined an autonomous world in which cars drive themselves, and the glass currently needed to see traffic could be turned into big display scenes at will. But the arrival of full self-driving is still a long way off.

At a conference in Detroit, Ford displayed an interim step: what might be called HUD 2, a bright, clear display stretching across the windshield with three sections, two for the driver and one for the passenger. The latter, which could include projected video, would not be visible to the driver.

Andy Travers, the CEO of Ceres Holographics, says that the new display possibilities could be interactive, and help solve the dangerous situation of driver distraction using current controls.

“It’s compelling cost-wise for automakers to put everything on the screen,” Travers says. “And they’re hiring programmers who are used to working with computers, not mobile cars that need to have drivers watching the road. We think it’s a lot better to make choices from projected images on the windshield than having to look away to a centrally mounted screen.”

The windshield incorporates Ceres-developed (with Eastman and Carlex) thin-film technology that is produced with embedded holographic optical elements and then sandwiched between laminated glass sections to enable a transparent display of any kind of information. Travers says the film will not discolour over time. An inexpensive LED projector, technology in use now, is built into the instrument panel.

Regulators are taking notice of the distraction problem. According to Matthew Avery, director of strategic development at the safety agency Euro NCAP, “the overuse of touchscreens is an industry-wide problem, with almost every vehicle maker moving key controls onto central touchscreens, obliging drivers to take their eyes off the road and raising the risk of distraction crashes.”

Janice Tardiff, a coating application technical expert at Ford, says the passenger display on its initial prototype vehicles would target entertainment and possibly business applications.

The driver would get fuel or charge level, speedometer, navigation, and, on the centre display, points of interest and music. In a customer clinic testing the technology, participants liked the idea of being able to see sports events and movies, but weren’t sure that the clarity was sufficient for business applications. Some wanted the displays to be bigger.

Use of the film has been thoroughly tested and approved for next-generation HUD use, Tardiff says. The next steps are to improve colour, brightness, and resolution, optimise the size of the displays, and ensure good performance under different light conditions, she says.

HUD was an option on the Oldsmobile Cutlass in 1988, and it’s been steadily evolving since. Other companies are working on holographic technology, including Hyundai, Stellantis, Jaguar Land Rover, and General Motors. Technology shown by a U.K. company called Envisics on this year’s Chrysler Halcyon EV concept car imagined images on auto windows that would show points of interest along the chosen route, allow video calls en route, and map constellations in the night sky.

But not all of this would be able to go into current cars.

“While all this visual information is probably too distracting for a driver in control of the vehicle, it may not be when the vehicle is operated in an autonomous Level Four mode,” according to Envisics. “At this level, the driver can relax and utilise these functions and features.”

But some of it will be seen soon. A Chrysler/Dodge spokesman, Darren Jacobs, said via email, that “select design elements and features [seen on the Halcyon] like the head-up display and SmartCockpit are ready for production and will be included in Chrysler’s first all-electric vehicle.”

The Ford-Ceres technology is possible for production today, and it could lower driver distraction and prove satisfying for auto buyers—especially if image clarity can be improved.

With competition among private aviation firms as fierce as ever, the perks available to new and existing customers keep getting bigger. Gone are the days when complimentary transfers and customised in-flight amenities moved the needle. The industry’s top providers have entered into a virtual arms race, trying to out-do one another with one splashy offering after the next.

“The partnerships with celebrity chefs, VIP access to famous vineyards and sporting events, being invited to play in golf pro-ams … these comped memberships and perks valued at tens of thousands of dollars are part of a tried and tested marketing strategy among private jet companies,” says Doug Gollan, president and editor of Private Jet Card Comparisons, a buyer’s guide that tracks pricing, rules, and policies for more than 80 jet card, membership, and fractional providers.

Jet cards are a way to charter a private flight by pre-paying into a company’s program; a membership requires customers to pay an annual fee to unlock private aviation services; and fractional ownership allows individuals or businesses to share the cost and use of a private jet.

Key players such as NetJets, Flexjet, VistaJet, Wheels Up, and OneFlight have hospitality areas at in-demand events such as Formula 1, the Masters, and the Super Bowl, “places customers want to go, and where you want to make sure you are getting the VIP treatment because the crowds are overwhelming,” Gollan says.

Though the perks don’t motivate users to pick a company, they play an important role for the jet companies, Gollan says.

“The perks don’t drive savvy [ultra-high-net-worth] consumers to choose one company over the other. However, they generate awareness of the companies via media coverage; they spark interest via partnering with luxury partner companies—fashion houses, private vacation clubs, luxury hotels, and automakers—and they allow the partners to market to each other’s clients,” he says. “They also allow executives to mix with their customers.”

This is important because there is a high cost of acquisition when it comes to finding potential clients who can afford private aviation. According to Gollum’s latest subscriber survey, around 40% said they were considering switching providers.

“That’s in line with previous years,” he says. “The perks and the personal interaction can be important in getting renewals.”

Earlier this year, flyExclusive announced that eligible customers will be granted one 12-month complimentary membership to Inspirato, which allows participants to book luxury travel experiences—including five-star vacation homes from Breckenridge, Colo., to Bordeaux, France—without paying a membership fee.

“We do see a wide variety of short-term perks offered in today’s market to win business,” says Brad Blettner, flyExclusive’s chief revenue officer. “We work to build relationships and lean into what our customers value—time, choice, and control—because every minute matters.”

Since becoming a flyExclusive client in 2020, a Delray Beach, Florida-based CEO of a software company who declined to be identified,  has attended a number of private member events, from fishing trips and the 2024 U.S. Open at Pinehurst—where flyExclusive hosted around 100 guests in a luxury suite—to the Firestone Grand Prix of St. Petersburg, Fla..

“In terms of the additional stuff, it’s icing on the cake. We’ve had amazing experiences,” he says. “It’s more than just a jet card. It’s like joining a real club with events you can look forward to. The perks definitely enhance customer loyalty.”

Another provider famous for its events is Wheels Up, whose members receive an invitation to join the brand every year for the Masters. During the golf tournament, the “Wheels Up Clubhouse” offers an array of luxury hospitality, including food, beverages, and entertainment.

Sentient Jet, which is celebrating its 25th anniversary, has added 12 partners—ranging from high-end hotels to luxury leather goods brands—to its latest “Exclusive Benefits Guide,” an annual premium perk available exclusively to its jet card owners.

Now in its 11th edition, the guide includes benefits across the worlds of travel, food and beverage, wellness, sporting events, and beyond. The estimated total value exceeds US$225,000, including exclusive discounts and partnerships with brands such as Auberge Resorts, Human Longevity Wellness & Medical Testing, and the Little Nell in Aspen.

“Sentient’s Exclusive Benefits Guide is like the Neiman Marcus holiday catalog, except everything is free or discounted. It’s impressive,” says Gollan of Private Jet Card Comparisons.

The provider’s best-known perk can be enjoyed every May through its partnership with the Kentucky Derby. (Sentient was the first private aviation partner of Churchill Downs beginning in 2016.) Card owners enjoy a “behind the gates” experience including access to Sentient’s private suite, where they can mingle with celebrity guests. A highlight is the annual Derby Day breakfast, a French-inspired bash in the Hotel Distil hosted by celebrity chef and Sentient Jet brand ambassador Bobby Flay. (As an extra perk for new card owners, Sentient offers a complimentary hour of flight time and a US$2,500 betting voucher.)

“Our longstanding partnership with the Kentucky Derby and Bobby Flay goes beyond a hosted breakfast—it’s a reflection of how we like to curate experiences for our card owners,” says Kirsten LaMotte, senior vice president, business development, partnerships and events at Sentient Jet. “We are proud to help our card owners focus less on the stress of getting to their events, and more on helping create unique travel memories.”

VistaJet offers its biggest perks through its “Private World” portfolio of bespoke adventures crafted by the provider and its network of hundreds of trusted partners. In 2023, member requests more than doubled from the previous year, and 2024 is on track to surpass this, according to the company.

“We view Private World as a valuable enhancement to our members’ lives that extends beyond their time spent in the air,” says Matteo Atti, VistaJet’s chief marketing officer. “Private World is more than hedonistic; it’s a testament to our dedication to our members’ lives, in the air and on the ground.”

Notable examples include personalised wine tours, rejuvenating wellness retreats, and ultimate Formula 1 packages—a benefit of VistaJet’s partnership with Ferrari—featuring private dinners with drivers Charles Leclerc and Carlos Sainz.

The newest curated experiences and events for VistaJet members include a luxury cacao travel experience in Ecuador, and a humpback whale helicopter safari in Mozambique.

Like most providers, VistaJet refrains from commenting on specific customers.

Nearing 25 years in business, Flexjet has introduced its “Red Label” program. Offered to super-midsize aircraft fractional owners and above, key features include flight crews assigned to a single, specific aircraft, custom cabin interiors, and exclusive experiences such as the inaugural “Chairman’s Club” event. Clients have jetted to the likes of Anguilla and Lake Como, where they’ve been hosted by Flexjet’s chairman Kenn Ricci and CEO Mike Silvestro. (The only caveat was that the owners were required to use their fractional share to travel to the destination—the rest of the trip was complimentary.)

At the Anguilla event, 12 couples enjoyed accommodations at Cap Juluca, a Belmond Hotel, along with golfing and spa experiences, an exclusive luncheon on a private island, and a fireworks display that concluded the extended weekend. Earlier this year, 15 couples were hosted at Lake Como’s Villa d’Este while enjoying one-of-a-kind experiences including shopping with a Vogue fashion editor and a helicopter excursion to Lake Iseo where they enjoyed a private tour of Ferretti Group’s Riva shipyard (a tour not available to the public).

Next year, Ricci and Silvestro will be hosting the next Chairman’s Club event in San Miguel, Mexico.

According to David Gitman, CEO of Monarch Air Group, a Fort Lauderdale-based private jet charter provider, the private aviation industry has been experiencing a correction following a surge of interest during the pandemic.

“As the market cools off, the consumer has many more choices now as there are more available aircraft, compared to the shortage we experienced a few years earlier. This causes charter companies to provide more perks to the consumer,” he says. “In my opinion, the main perk that is happening right now is the competition between the various private jet providers. Clients that are not locked in to an agreement are benefiting from this market correction.”

The 2025 Ford Taurus Full Hybrid has made its debut in the Middle East, offering significantly improved fuel efficiency to one of the region’s most beloved luxury sedans. Equipped with a 1.5L engine across all three trims, this marks Ford’s first hybrid sedan launch in the Middle East.

Boasting a spacious interior, cutting-edge safety and convenience features, and a high-performance driving experience, the 2025 Taurus Hybrid continues the legacy of this family-friendly sedan, which has been a favorite in the region for decades.

The introduction of the Taurus Hybrid underscores Ford‘s dedication to addressing the growing demand for eco-friendly options and supports the transition towards smart cities and renewable energy. This vehicle forms a key part of Ford’s broader electrification strategy, with major milestones and expansion plans set through 2025.

Efficiency Without Compromise

The full-hybrid Taurus’ electric motor drive operates at low vehicle speeds and gives the engine an assist, enhancing fuel economy and providing a substantial efficiency advantage without compromising on the driving performance seen in a traditional combustion engine vehicle.

Depending on the driving conditions, and mostly in in low-speed maneuvers – such as parking, idling and city traffic – the Taurus Hybrid automatically switches to Electric Drive Mode, which is charged either through the combustion engine or regenerative braking. The power output of the electric motor is 48KW equivalent to 64 HP, complemented by the 1.5L Engine which gives a net power of 138KW equivalent to 185 HP.

For drivers who prefer an internal combustion engine (ICE), the 2025 Taurus is equipped with Ford’s proven 2.0-litre EcoBoost engine mated to an eight-speed automatic transmission, producing 239 Hp and 382 Nm of torque. Offered with front-wheel drive and three driving modes – Eco, Normal and Sport – the ICE Taurus enjoys an impressive fuel economy reaching as high as 15.3km/l.

Comfort on the Inside

Featuring available premium leather, suede-lined power seats, dual-zone auto AC, a panoramic sunroof, and seven shades of ambient lighting, the Ford Taurus’s interior was crafted with comfort and convenience for driver and passengers alike. Sound-muffling materials used in the Taurus’ manufacturing process minimize exterior noise, ensuring a quiet ride for all occupants.

With spacious headroom at the front and back and a large 520L trunk, the sedan packs in plenty of practicality to match its comfort credentials.

Technology-Powered Safety and Convenience

A range of standard and available technologies have been built into the 2025 Taurus to ensure the safety of all occupants is paramount.

Standard to every Taurus are six airbags built into the Taurus – two at the front, two at the sides, and two in the curtain zone. Available driver-assist tech in the Trend and Titanium trims include Blind Spot Information System (BLIS) and Forward Collision Mitigation systems; Forward Collision and Lane Keeping/Departure warnings; Rear Parking Sensor; Driver Impairment Monitor; and an Emergency Steering Assist, which works with other safety systems to prep the Taurus for extra-responsive steering in moments of emergency.

The Taurus Titanium ups the safety and convenience ante further, with a Reverse Brake Assist bringing the sedan to a stop when detecting motion when the vehicle is exiting backwards out of a parking spot and a 360 View Camera giving drivers a complete picture of Taurus’ surroundings.

The Taurus also features available Adaptive Cruise Control, which automatically slows the vehicle down when detecting traffic, before returning to the driver’s preset cruise speed after things clear up.

Central Connectivity

At the heart of Taurus’ technology offering is a multifunctional 13.2-inch center touchscreen, which complements an impressive 8-inch digital instrument panel cluster. The state-of-the-art center screen comes loaded with Ford’s SYNC4 technology, providing drivers with easy access to communications, entertainment, and information through both voice and touch prompts.

Drivers and passengers can keep the Taurus clutter-free thanks to the available inductive wireless charging for smartphones, while music-lovers will appreciate the six-speaker sound system.

With its spacious interior, advanced safety features, and powerful yet fuel-efficient engine, the 2025 Ford Taurus offers a smooth and enjoyable ride for both driver and passengers. From daily commutes to weekend road trips, this sedan combines style, performance, and practicality for a family-friendly vehicle that doesn’t compromise.

“The 2025 Taurus brings hybrid technology to one of the region’s favorite sedans, giving drivers more efficient performance than ever before seen in this nameplate,” said Sreejith Govind, Brand Marketing Specialist, at Ford Middle East. “With the Hybrid Taurus available across all three trims of this sedan, we’re proud to be offering customers the highest efficiency advantage without compromising important vehicle attributes.”

Ford’s commitment to the future is evident in the launch of the first of its new electrified offerings, the Taurus Hybrid. This flagship model embodies Ford’s dedication to innovation, boasting cutting-edge sustainable technologies, superior performance, and distinguished design. By leveraging its longstanding presence and trusted reputation in the Middle East, Ford is ushering in a new era of automotive excellence, where advanced technology and environmental responsibility go hand-in-hand. The road to electrification emerges as a symbol of Ford’s vision for a brighter, more sustainable future of mobility, setting a new standard for the automotive industry.

The 2025 Ford Taurus is available at authorized distributors in the Middle East.

Idealz, the first-of-its-kind e-commerce platform, known for its innovative ‘Shop and Win’ model, has joined forces with the Fajer family, business leaders in retail, luxury, and real estate in Mexico, the United States, Dubai, and Hong Kong. This strategic move aims to pave the way for Idealz’s entry into the Latin American market, introducing its unique shopping experience to Mexico. The partnership was kick-started with a signing ceremony held at the Idealz Experience Center in Dubai and marks a major milestone in Idealz’s global expansion.

In attendance were Jad Toubayly, Founder & CEO of Idealz Holding, and Raul Trevino Fajer, who will take on the role of CEO of Idealz Mexico. The symbolic ceremony marked the start of a strategic alliance aimed at driving growth in one of Latin America’s fastest-growing e-commerce markets.

Idealz’s distinctive combination of online shopping and the opportunity to win life-changing prizes has redefined the e-commerce experience, positioning it as a leader in the industry. With successful expansions across various regions, the company is now poised to captivate Mexican consumers and further solidify its position as a global innovator.

Commenting on the partnership, Toubayly stated: “Partnering with the Fajer family marks a key moment in Idealz’s journey to reshape the global e-commerce landscape. Our expansion into Mexico is not just about entering a new market; it’s about revolutionizing how consumers experience online shopping. With the local expertise of the Fajer family and our innovative approach, we are ready to bring unprecedented excitement and value to Mexican consumers.”

For his part, Raul Trevino Fajer added: “We are excited to join forces with Idealz for their expansion into Mexico. This partnership allows us to combine our deep understanding of the local market with Idealz’s transformative e-commerce model. Together, we will offer a shopping experience unlike any other, creating lasting value for consumers and contributing to the growth of digital commerce in the region.”

The partnership will leverage both companies’ expertise to establish sustainable and scalable operations in Mexico. By focusing on cutting-edge technology, enhanced customer engagement, and strategic growth, the collaboration aims to deliver lasting value and innovation to the Mexican market.

Since inception, Idealz has established itself as a pioneering platform. With prizes ranging from luxury cars and electronics to cash prizes and apartments, Idealz has left no stone unturned in giving customers chances to win big. To date, the platform has awarded over USD75 million in prizes, deeply impacting the lives of over 8,500 winners from all around the world.

Ericsson has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for CSP 5G Core Network Infrastructure Solutions.

This report marks the first edition of the Magic Quadrant, with Gartner evaluating 5G core infrastructure vendors based on their performance in 2023 and their future development strategies.

Monica Zethzon, Head of Solution Area Core Networks, Ericsson says: “We feel, the recognition of Ericsson’s 5G Core Network capabilities by the independent analyst firm Gartner shows the energy and ingenuity of our engineers and experts who drive the development of 5G Core at Ericsson is truly paying off. We believe our broad 5G Core portfolio and focus on performance alongside the reduction of complexity has proven to be a trusted combination for our customers, and we look forward to continuing to work with Communication Service Providers around the world to help them realize their ambitious goals for future-proofed and highly performant 5G Standalone networks.”

Ericsson was also recently placed as a leader in the Market Landscape: Core Vendors 2024 report from analyst house Omdia, with the highest overall portfolio score of the vendors assessed having the top spot in both cloud native readiness, automation, and policy and charging. It was named top of Frost Radar™ 5G network infrastructure market ranking for the fourth year running in an analysis that covers RAN, transport and core networks.

According to Gartner, “leaders distinguish themselves by offering services suitable for strategic adoption and having an ambitious roadmap. With a comprehensive portfolio, they can address a broad range of use cases, though they may not excel in all areas or be the best for specific needs. Leaders in this market have significant market share, numerous referenceable customers, strong service and support capabilities, and good customer references.”

RIDDARA has officially signed a cooperation agreement with AGMC, one of the UAE’s leading vehicle importers and an authorized distributor for Geely vehicles. This agreement paves the way for RIDDARA’s upcoming debut in the Middle East market.

AGMC, known for its strong reputation and extensive customer base in the UAE’s automotive industry, will enable RIDDARA to tap into its professional network and market presence. This partnership will help   quickly introduce its innovative electric pickup trucks to the UAE, offering local drivers a cutting-edge, eco-friendly driving experience.

Dr. Andreas Schaaf, CEO – Geely Group Brands at AGMC, said at the signing ceremony: “We are very pleased to intensify our existing partnership with the Geely Holding Group by introducing the exciting new RIDDARA brand to the UAE market. AGMC has always been committed to leading automotive technology innovation in the UAE market. The arrival of the all-electric RIDDARA pickup truck will undoubtedly further enrich our product lines and bring more choices to consumers in the UAE.”

Xia Mo, General Manager of RIDDARA Middle East, said: “We are very much looking forward to the launch of the RIDDARA brand in the UAE market. As one of our most important partners in the Middle East, AGMC’s excellent market network and professional capabilities will empower us to deliver a whole new category to the UAE market:  an affordable, value-added andhigh-performance fully electric pickup that is capable, practical and thrilling to drive. I am confident that RIDDARA will establish its own target audience among passionate EV enthusiasts that may have never considered a pickup truck before.”

RIDDARA RD6

The first vehicle to be launched in the market will be the RIDDARA RD6, a new pickup set to revolutionize the way EV drivers use their vehicles, taking EV pickup ownership to the next level with a more exciting and enjoyable experience. It is based on the M.A.P. (Multiple Attached Platform) 100% electric pickup truck platform independently developed by Geely Holding Group. As China’s first and only platform built specifically for 100% electric pickup trucks, the M.A.P. platform integrates Geely Group’s cutting-edge technology and rich experience in the field of electric vehicles. Through this platform, RIDDARA has not only demonstrated unprecedented electric pickup truck design and performance, but also established new innovations in safety, intelligence and environmental protection.

This latest agreement with AGMC marks RIDDARA’s comprehensive strategy to further develop its international business, and it also heralds a new chapter in Geely Holding Group’s expansion within the global electric vehicle market Moving forward, RIDDARA will continue to drive development through innovation and bringing more environmentally friendly, efficient and fun-to-drive electric vehicle products to global consumers.

Sport Impact Summit announced that McLaren Racing as the newest addition to the line-up, strengthening a growing team focused on driving positive change and creating a more sustainable, healthier planet through the power of sport.

As a leader in innovation and sustainability, McLaren Racing comes on board with Sport Impact Summit as an Impact Partner, reflecting its shared commitment to harness sport’s ability to educate and bring people together for social and environmental good.

McLaren Racing was the first team to transparently disclose its impacts and progress by publishing an annual sustainability report since 2021 and is the first motorsport team to have its net-zero targets validated by the Science-Based Targets Initiative. Additionally, the team is actively engaged in diversity, equity and inclusion in sport, promoting a diverse and inclusive culture in our workforce and industry.

The Sport Impact Summit team will make its debut this December in Dubai with a groundbreaking event that brings together world-class athletes, sports organizations, teams, academics, the green finance community, and corporations in a collective effort to harness the power of sport to drive global change.

Taking place at the Atlantis, The Palm, on 4th and 5th December, 2024, this innovative summit aims to create compelling narratives, leveraging the influence of sports stars to inspire a billion people to take action for both the health of the planet and their own well-being.

“We are thrilled to welcome McLaren Racing as an Impact Partner,” said Sean Morris, Co-Founder of Sport Impact Summit and former first-class cricketer. “McLaren Racing is a global brand and its dedication to innovation and sustainability is truly inspiring. Its track record of driving change within the motorsport industry sets a powerful example for others to follow. We are excited to work together to amplify the role of sports in shaping tomorrow’s world, highlighting the work McLaren is doing to use its extensive platform to advocate for positive change.

“At the summit, we will demonstrate how the sports industry can take pole position in tackling the most pressing environmental and social challenges of our time, as we work together to inspire over a billion people to take action for a healthier planet and a more equitable future.”

McLaren Racing has long been at the forefront of sustainability efforts within motorsport. Its comprehensive sustainability strategy focuses on creating a more sustainable, diverse and inclusive sport while leaning into technology and innovation, as well as its global partner network, to make a positive contribution to society and climate action.

McLaren Racing will actively participate in the Summit, sharing insights from its sustainability journey and engaging with other stakeholders to explore new ways to drive positive change. Attendees can look forward to thought-provoking discussions, case studies, and collaborative sessions that highlight how the intersection of sport and sustainability can lead to a more equitable and environmentally conscious future.

“Sustainability is at the core of everything we do at McLaren Racing, and we’re committed to using our platform to advocate and inspire for positive change,” said Kim Wilson, Director of Sustainability at McLaren Racing. “The path to net zero isn’t a linear journey and the challenges we collectively face is incredibly complex. Being involved with Sport Impact Summit allows us to connect with like-minded organizations, share best practice and learnings to help tackle the environmental challenges we face and continue to make a positive contribution to society.”

As we drive towards December, Sport Impact Summit will continue to reveal its lineup of Impact Partners, sponsors and Impact Champions. The message is clear: the game is on, and failure is not an option.

The GCC Board Directors Institute (GCC BDI), the region’s leading authority on advancing board effectiveness and corporate governance, has announced the graduation of its latest cohort of 64 individuals who have completed its Certificate and Diploma in Board Directorship and Board Secretary Certification Program in partnership with the Financial Academy.

The graduation ceremony, held at the Movenpick Hotel in Riyadh, honored 56 Certified Board Directors, 4 Certified Board Secretaries, and 4 Directors who received diplomas. They will go on to champion excellence in corporate governance across the GCC.

The GCC BDI and the Financial Academy jointly developed these certification program to furnish aspiring leaders with essential skills and knowledge critical to advancing in board directorship and secretarial roles. The Financial Academy supports these programs as the awarding body for the certificated curriculum in line with its work to nurture expertise in governance. Since its inception in 2019, the GCC BDI has certified a total of 188 Board Directors and 42 Board Secretaries, as well as 17 Diploma holders of the Board Directorship Certification.

Strengthening Corporate Governance in the GCC

The GCC BDI’s mission is to empower individuals with the knowledge and skills necessary to navigate the complexities of board governance, ultimately contributing to the growth and stability of the GCC’s economy. The organization advocates for strong corporate governance – essential for attracting investment, fostering responsible business practices, and building a robust and transparent business environment.

The certification programs offered by GCC BDI, in collaboration with the Financial Academy, are designed to equip future board leaders with the skills and knowledge to:

• Uphold ethical standards: Promote responsible decision-making and ensure accountability within organizations.
• Enhance risk management: Implement effective strategies to mitigate potential risks and protect stakeholders.
• Improve financial literacy: Deepen understanding of financial reporting, performance analysis, and investment strategies.
• Develop strategic foresight: Contribute to the development of sound business strategies and long-term sustainability.

A Collaborative Approach to Building Effective Boards

GCC BDI and the Financial Academy share a commitment to building a strong foundation for effective corporate governance within the GCC. Their partnership ensures that these programs integrate theoretical knowledge with practical, industry-relevant insights.

John Gollifer, CEO of GCC BDI, said: “We are incredibly proud of our graduates who have demonstrated a deep commitment to mastering and applying corporate governance principles. This graduation ceremony is a testament to our collective investment in the future of the GCC’s corporate landscape.

“At GCC BDI, we are committed to developing board leaders who will drive best practices in governance and ethics, fostering an environment that is conducive to sustainable economic growth. The invaluable partnership with the Financial Academy amplifies our vision by blending educational excellence with practical industry insights, ensuring our graduates emerge as forward-thinking pioneers in corporate governance.”

Added Mana Alkhamsan, CEO of the Financial Academy: “Our collaboration with GCC BDI is designed to support highly skilled leaders who are equipped to tackle both current challenges and future transformations within the corporate environment. As the business environment becomes increasingly complex, the role of effective governance is paramount. These certification programs empower individuals with knowledge and contribute to the overarching goal of enhancing governance and transparency across the GCC region. Together, we are laying down the foundation for a resilient economic ecosystem supported by ethical and innovative leadership.”

The ceremony featured influential speakers including Nayef Al-Athel, Group Chief Sales and Marketing Officer, Saudi Tadawul Group, Dr. Chris Pierce, Senior GCC BDI External Associate and Lead Faculty for Board Directorship Certification and Mutlaq Almorished, Governor GCC BDI.

Al-Athel commented: “Strong governance is essential for the growth and stability of our capital market. Supporting the development of certified board directors is key to maintaining the attractiveness of our market to international investors.”

Graduate Testimonials

Among the graduates, Ferass Al Dobiyan, Senior Manager, Planning & Control at Saudi Basic Industries Corporation (SABIC), who earned the Certificate in Board Secretary, stated, “The Board Secretary certification program has provided me with the insights and tools I need to drive positive change in governance at SABIC.”

Bushra Abu Salem Fathallah, Director of Governance Affairs and Board Secretary at Nesma & Partners, certified in Board Directorship, added: “The knowledge and networks gained through this certification are invaluable as we strive to lead sustainable initiatives within the boardroom.”

Mazen Abdulaal, Managing Director at IPC Business Solutions Group, said: “The Diploma in Board Directorship has broadened my strategic vision and prepared me for the complex challenges of board governance.”

Saudi Arabia has emerged as the fastest-growing G20 country in the latest UN World Tourism Barometer report, marking a key milestone in the Kingdom’s rapid rise as a global tourism hub.

The report highlights a 73% surge in international tourist arrivals to Saudi Arabia during the first seven months of 2024, compared to the same period in 2019. This growth reflects the success of the Kingdom’s ambitious tourism strategy under Vision 2030.

As a global benchmark for tourism sector performance, the UN World Tourism Barometer emphasizes Saudi Arabia’s remarkable achievements in both visitor numbers and economic impact. The Kingdom’s strong visa facilitation initiatives, including the expansion of its e-visa program, have attracted millions of international tourists, further strengthening Saudi Arabia’s global connectivity.

Saudi Arabia’s investment in transformative projects, such as, the Red Sea Project, NEOM and Diriyah, has propelled its tourism growth. The UN World Tourism Barometer underscores the success of these giga-projects, which are reshaping the global tourism landscape and cementing Saudi Arabia’s reputation as a destination of choice for travelers seeking world-class experiences.

Vision 2030, Saudi Arabia’s long-term economic diversification plan, has placed tourism at the center of its strategy, with the Kingdom welcoming 109 million tourists in 2023, setting the stage for achieving its long-term goal of 150 million annual visitors by 2030. Tourism will also represent 10% of the Kingdom’s GDP, with one million new jobs created in the sector, taking the total workforce to 1.6 million.

The UN report highlights Saudi Arabia’s role in driving international tourism recovery following the pandemic through collaboration between governments, the private sector, and global investors. The Kingdom’s focus on sustainable tourism, responsible development, and regional connectivity has attracted recognition from key global tourism bodies, including the UN Tourism and the World Travel & Tourism Council (WTTC). Saudi Arabia’s leadership extends beyond tourism numbers, with initiatives aimed at promoting inclusive growth, job creation, and environmental stewardship.

With sustainability at the forefront of its tourism strategy, Saudi Arabia is prioritizing responsible development, preserving its natural and cultural heritage while meeting the needs of its growing tourism sector. The Ministry of Tourism continues to work closely with international organizations and stakeholders to ensure that tourism growth aligns with the UN’s Sustainable Development Goals (SDGs), fostering a tourism industry that benefits both local communities and visitors. These partnerships, alongside the Kingdom’s focus on sustainable and inclusive tourism, have bolstered its reputation as a key player in the global tourism sector.

Saudi Arabia’s success story is a model for other destinations looking to boost their own tourism. The Kingdom’s initiatives, comprising innovation, sustainability, and large-scale tourism infrastructure development are proving that a combination of visionary planning, strategic investment, inclusive policies, and global collaboration can drive growth even in a competitive international landscape.

Hatta Resorts and its Wadi Hub will kick off its highly anticipated seventh season on October 1, offering a wide range of new experiences and an exciting lineup of activities. As the weather cools, visitors can fully enjoy the outdoors, with various glamping options set against the stunning Hajar Mountains.

This season will see the return of popular accommodations like the Damani Lodges and Caravans, alongside new additions such as a fleet of revamped Vintage Campers starting in November, each uniquely designed to reflect Hatta’s distinct charm. The much-loved glamping Domes have also been upgraded, with each unit now featuring its own private pool.

Season seven promises to elevate adventure with three new offerings: spear throwing, a dedicated kids’ zone and a shooting range. These new attractions are accessible for all ages and abilities, providing memorable outdoor experiences for every guest.

Adventurers can also revel in adrenaline-fueled activities at the Wadi Hub, explore the serene mountain terrain on world-class hiking and biking trails, kayak in Hatta Dam and immerse themselves in the area’s rich history and culture. Wellness enthusiasts can look forward to a dedicated outdoor space for yoga, perfect for those looking to unwind by the Domes at Hatta Resorts.

“Hatta Resorts and Wadi Hub continue to redefine the boundaries of adventure and tourism in Dubai,” said Roudi Soubra, Vice President of Hospitality and Asset Management at Dubai Holding. “With expanded accommodation offerings and activities, our commitment to delivering extraordinary experiences remain an ongoing focus. Hatta is a sanctuary for thrill-seekers and nature enthusiasts alike – combining high-energy activities with tranquil retreats against a picturesque mountain backdrop.  As we enter this new season, we reaffirm our dedication to preserving the region’s natural beauty and cultural heritage, while also enhancing community engagement to sustain Hatta as a premier destination for all.”

Campers can enjoy a variety of food stalls located within the area. From quick snacks at the Wild Cafe to hearty meals from locally owned food trucks such as Sedr Bites, Taste of Hatta and Damani Bites. With varied options, visitors can satisfy their cravings while directly supporting Hatta’s vibrant community of local entrepreneurs.

The fourth quarter of 2023 proved to be the most popular period for season six, owing to the school holidays, the Dubai Fitness Challenge, Spartan Race, UAE Summit Challenge, festive celebrations and the Hatta Winter Festival, which saw revelers enjoy fireworks and family-friendly activities. Whether planning a family getaway, a social retreat or a solo adventure, Hatta Resorts and its Wadi Hub invites visitors of all ages to escape the city’s hustle and immerse themselves in unforgettable experiences amid the breathtaking Hajar mountains this season.

ASB Hospitality has selected Dutco Construction as the lead contractor for the eagerly awaited Gran Meliá Hotel – Dubai Jumeirah. This project marks the Gran Meliá brand’s first beachfront property in the UAE and is set to become a standout addition to Dubai’s luxury hospitality scene.

Situated on the prestigious headland of Port De La Mer in Jumeirah, the development covers a plot area of 31,066 sqm, with a gross floor area (GFA) of 42,522 sqm and a built-up area of 88,909 sqm. The resort, featuring a structure of 2B+G+P+4+R, will offer panoramic views of the Arabian Gulf on three sides, alongside stunning views of the Dubai skyline, positioning it as a true gem on the city’s coastline.

Heddo Siebs, CEO of ASB Hospitality LLC, commented: “The Gran Meliá Hotel – Dubai Jumeirah represents more than just another hotel; it’s a lifestyle destination, born from the strategic partnership between ASB Hospitality and Meliá Hotels International. This collaboration brings together a wealth of expertise and vision to create an exceptional guest experience. By partnering with Dutco Construction, renowned for their excellence and precision, we are confident that our ambitious vision will be realised to the highest standards of quality and luxury.”

The 5-star resort will have 380 keys, including 31 exclusive suites with private pools, and can accommodate up to 1,000 guests. Each room will boast breathtaking views of the sea and city, setting a new benchmark in luxury hospitality for leisure and business travelers alike.

Nelson Gibb, CEO of Dutco Group, added: “We are thrilled to be appointed as the main contractor for the Gran Meliá Hotel – Dubai Jumeirah, a project that will raise the bar for luxury hospitality in the UAE. Partnering with ASB Hospitality on such a visionary development is a privilege, and we are committed to delivering a resort that will become the next icon in Dubai’s skyline.”

Lead consultant and project architect MOMA, acclaimed for its innovative and context-driven designs, says the Gran Meliá Hotel – Dubai Jumeirah concept draws inspiration from the elegant contours of an oyster shell. This ensures all guest balconies are oriented towards the sea to maximise the views. The interiors, designed by Lagranja Studio, add a modern, refined aesthetic, creating a harmonious blend of luxury and comfort.

Notable amenities will include state-of-the-art wellness and fitness centres, direct marina access, and a private beach. The resort will feature two signature swimming pools: one of the UAE’s longest infinity pools at 63 meters, overlooking the sea, and a tranquil garden oasis pool measuring 53 x 11 meters, offering guests a serene retreat.

Gran Meliá – Dubai Jumeirah will also be a culinary destination, with a variety of all-day dining options that combine waterfront charm with Mediterranean luxury. At the heart of its dining experiences will be Zuma Beach House, another first for the region. The new lifestyle concept and seaside iteration of the iconic Japanese hotspot, is designed to immerse guests in the surrounding natural elements of water, sand and sun, creating an unparalleled dining atmosphere.

Carter Hones Associates, also appointed by ASB Hospitality, will provide project and cost consultancy services throughout the construction process, drawing on their wealth of expertise in the luxury hospitality sector in the region.

Nathan Hones, COO at Carter Hones Associates, said: “We are honored to contribute our expertise to such a distinctive hospitality project. This collaboration allows us to work alongside visionary and respected partners who share our commitment to delivering a property that will stand as a symbol of excellence in hospitality.”

With enabling and piling works already completed, structural concrete work has commenced, and construction is progressing rapidly. The resort is on track to open in Q4 2026.

Zayani Motors, the exclusive distributor of MG Motor in Bahrain, has unveiled a new service center for MG vehicles in the Sitra Industrial Area. This move highlights the company’s dedication to providing outstanding service to its customers and meeting the rising demand for this leading brand in the kingdom.

Spanning 4,127 square meters, the facility is equipped with state-of-the-art automotive service technology, showcasing the company’s commitment to quality and efficiency. The center also includes 16 workstations, ensuring efficient and timely servicing of various MG models.

On this occasion, Mr. Rashid Zayed Alzayani, Managing Director of Zayani Motors, stated: “The dedicated service center for MG  vehicles reflects the continuous growth and increasing popularity of this prestigious brand in the Kingdom of Bahrain. We are committed to providing the highest level of service and support to our customers, and this center will enable us to meet their needs more effectively.”

Mr. Alzayani further said: “This center is not merely a service point; it embodies our vision of enhancing the customer experience. We aim to provide a comprehensive experience that exceeds customer expectations, from the vehicle reception process to delivering specialized maintenance and technical support services.”

In conclusion, Mr. Alzayani highlighted the importance of fostering long-term relationships with customers, adding: “Customer satisfaction is our top priority, and we are dedicated to ensuring that every customer feels valued and appreciated. We are thrilled to open the doors of this new center and look forward to serving our valued clients in the best possible way.”

Omantel has completed a successful lab trial of RedCap, an innovative 5G technology, demonstrating its steadfast dedication to advancing Oman’s digital infrastructure. This development offers faster speeds and improved network efficiency at a reduced cost, delivering added value to Omantel’s customers.

In line with the company’s strategic objective to deliver top-tier digital solutions, RedCap, developed in partnership with Huawei, marks a key step forward in 5G technology, enhancing internet connectivity and broadening the scope of applications available to users.

Dr. Ali bin Said Al Hashmi, General Manager of Infrastructure Planning and Design at Omantel, remarked, “We are excited to pioneer advanced technological solutions within the Sultanate of Oman. Our efforts contribute to accelerating the digital transformation process and fostering a knowledge-based economy, in line with Oman Vision 2040’s objectives for the technology sector. Our goal is to elevate service standards for both business and individual subscribers, ensuring access to world-class services.”

Dr. Al Hashmi further noted, “The successful trials of RedCap’s 5G technology mark a significant milestone in our journey toward a thriving digital future for Oman. We believe this technology will revolutionize the telecommunications sector and unlock new opportunities for innovation and business growth.”

Designed to meet the evolving demands of Internet of Things (IoT) applications, RedCap offers high speeds and energy efficiency, making it ideal for a range of devices, from smart wearables to advanced industrial equipment. This technology ensures fast and seamless user experiences while extending the battery life of connected devices, thereby reducing operational and maintenance costs.

The benefits of RedCap technology extend beyond superior internet speeds. It paves the way for diverse applications, including remote monitoring, industrial process optimization, and enhanced healthcare solutions, among others.

Through the integration of its operations, processes, and extensive expertise in communications and digital technology, Omantel has established itself as a leading telecommunications company in Oman and beyond. The company’s innovative approaches have delivered state-of-the-art solutions to various consumer and business sectors. Committed to delivering exceptional customer experiences and exceeding expectations, Omantel invests in emerging technologies to help advance Oman Vision 2040. This includes cutting-edge ICT solutions such as cloud computing, AI, smart solutions, cybersecurity, and more, driving innovation and leadership in new and advanced technologies.

Xiaomi has regained its position as the world’s second-largest smartphone brand by sell-through volume, surpassing Apple, according to market research firm Counterpoint’s Smartphone 360 Monthly Tracker.

Sell-through volume provides a clearer picture of a brand’s market performance, measuring actual consumer purchases rather than devices shipped to retailers. This achievement marks a significant milestone for Xiaomi, which last held the second spot in 2021, and reflects its continued growth in a highly competitive industry.

Commenting on Xiaomi’s strategy, Counterpoint’s research director Tarun Pathak said, “Xiaomi has adopted a leaner product strategy this year, focusing its energies to create one hero model per price band, rather than launching multiple devices in one segment. Besides, it has also re-energized its sales and marketing focus while continuing expansion into newer markets and consolidating its position in existing markets. While entry-to-mid-tier devices continue to show strong performance for Xiaomi, it has also made inroads into the premium segment with foldable and ‘ultra’ devices.”

Xiaomi has steadily increased its sales, throughout 2024, driven by targeted promotions and a robust lineup of budget-friendly devices. The company has gained traction in markets like Latin America, where its marketing campaigns have resonated with price-conscious consumers seeking high-quality smartphones at affordable prices.

On the other hand, Apple has faced challenges with its sell-through performance, in part due to a more limited product range and the mixed reception of the iPhone 16 series. The latest model has not generated the same level of excitement as previous releases, raising concerns about its sales potential compared to last year’s offerings. This highlights the evolving dynamics of the smartphone market, where consumer preferences are increasingly shifting towards more affordable options.

Xiaomi’s success is largely attributed to its focus on the entry-level smartphone segment, particularly devices priced under $200. As many key markets recover economically, demand for budget-friendly smartphones has surged, allowing Xiaomi to capture a larger market share. By offering feature-packed phones at competitive prices, Xiaomi has carved out a strong niche against premium competitors like Apple.

In addition to capitalizing on seasonal trends and promotional events, Xiaomi has managed to mitigate declines in other areas by emphasizing value and accessibility. This strategy has enabled the brand to attract a broader consumer base, particularly those prioritizing affordability without compromising on quality.

As the global smartphone market continues to rebound, Xiaomi’s approach aligns well with current consumer demands. With its focus on innovation and an expansive product range, the brand is well-positioned for continued growth. Its rise to the second spot in global smartphone sales reflects a notable shift in market trends, as Xiaomi’s commitment to affordability and value resonates with a growing audience, signaling a pivotal moment in the evolving smartphone landscape.