Lamborghini Reports a Stronger Financial Performance in Q1 2024 | Kanebridge News
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Lamborghini Reports a Stronger Financial Performance in Q1 2024

Following a landmark year in 2023 with delivery and profit records, Automobili Lamborghini has wrapped up the first quarter of 2024 with exceptional financial results.

Tue, May 7, 2024 2:52pmGrey Clock 2 min

The company posted a turnover of €691 million and an operating profit of €187 million, yielding a profitability rate of 27.0%. These figures underscore the enduring stability and strategic acumen of the company based in Sant’Agata Bolognese.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, stated: “Through our choices and policies, we aim to realize the positive forecasts outlined for 2024, thus continuing our growth path already highlighted in 2023. The business goals we have set ourselves are supported by investments aimed at the continuous improvement of our products. The start of 2024 represents a significant milestone for Lamborghini with the recent debut of the Urus SE and, in the second half of the year, the presentation of the hybrid heir to the Huracán, and we can only look forward to the achievement of our important objectives.”

Automobili Lamborghini achieved its highest-ever quarterly delivery numbers in this first quarter, with 2,630 cars delivered. Although there was a slight decrease in the US market in the first three months of 2024, it remains the largest market in terms of deliveries. The performance across the board still showcases stellar results. Deliveries across the major regions, EMEA, Americas, and APAC, totaled 1,278, 856, and 496 cars, respectively.

Paolo Poma, Managing Director and CFO of Automobili Lamborghini, expressed that the financial outcomes for the first quarter of 2024 demonstrate the firm’s robust performance. He noted that a strong order book enabled the company to start the year aligned with its 2024 goals. He also added that the constant receipt of orders strengthens their confidence to pursue ongoing projects and supports expectations for further growth as the year progresses.

The results of the first three months illustrate the brand’s resilience and the strategic moves made in 2024. These include adjusting delivery schedules to achieve a more balanced distribution throughout the year.

The order bank remains strong, with Revuelto maintaining a lead time of more than two years and the Huracán, the successor of which will sport a new hybrid powertrain, remaining covered until the end of manufacture. For the Urus S and Performante, the order bank is also fully covered until the close of production, expected by the end of the year.

Automobili Lamborghini starts the second quarter of 2024 with the launch of the new Urus SE, the company’s inaugural hybrid super SUV, which holds great promise for meeting the set targets.



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Natuzzi Italia and Peace Homes Introduce Natuzzi Harmony Residences in Dubai

This residential project, the first to be created by a design brand, brings the epitome of bespoke living to Dubai.

Thu, Nov 14, 2024 4 min

Natuzzi Italia, Italian design brand that blends cosmopolitan spirit with the know-how and heritage of the Mediterranean, and Peace Homes, a Dubai-based real estate company specializing in the development of luxury residential and commercial projects, present: Natuzzi Harmony Residences by Peace Homes.

The first residential project created by a design brand brings the epitome of bespoke living to Dubai, blending high-end Italian design with an architectural marvel tailored for discerning homeowners who seek not just a home, but an immersive experience of quiet luxury and harmony.

Located on the Dubai Islands, the Natuzzi Harmony Residences by Peace Homes are designed to integrate seamlessly with the landscape, symbolizing the fusion of Arab and Mediterranean cultures. Each apartment within Natuzzi Harmony Residences by Peace Homes is individually crafted to reflect the personal aesthetics and lifestyle preferences of its residents. A place where every architectural and interior element stimulates a harmonious experience through sinuous forms that shape, create, and envelop. From the selection of materials to the tailored interior designs, every home is a masterpiece that captures the sophistication of Italian artistry and the warmth of Mediterranean influences.

After several years since his last visit to Dubai, Pasquale Natuzzi, Executive Chairman of the Natuzzi Group, stated at the Dubai launch event: “We are a company with 65 years of history that has been able to constantly evolve, guided by the values that have always distinguished us: respect for human rights, love for work, sustainable growth, transparency, and harmony. Today, we are a lifestyle brand, recognized and appreciated worldwide, and the Natuzzi Harmony Residences by Peace Homes represent a new step in this evolutionary journey, as they offer the opportunity to experience the uniqueness of Natuzzi Harmony, which, for the first time, permeates every internal and external space of this incredible residential project.”

Pasquale Natuzzi, Executive Chairman of the Natuzzi Group

 

Natuzzi, along with its team of architects and interior designers, has designed a building spanning over 10,000 square meters across 9 floors, with a total of 50 apartments. A project that comes to life with Peace Homes Development a distinguished name in Dubai’s luxury real estate market, known for its visionary approach to creating spaces that are not only architecturally innovative but also embody the essence of elegance and refinement.

Going beyond the boundaries of residential design, a dedicated Natuzzi Experience Center within the Peace Homes Development showroom allow visitors to explore the heritage, philosophy, and unmatched quality that have made Natuzzi a hallmark of Italian luxury worldwide.

Pasquale Junior Natuzzi, Chief Trade & Contract Officer, said: “The Natuzzi contract division was created with a clear vision: to become the first design brand in the world to fully conceive a residential project that could embody the essence of the Natuzzi Italia lifestyle. Today, we celebrate this extraordinary achievement accomplished through meticulous and dedicated work that has allowed us to push beyond all imagination and create something unique. Dubai will have a new landmark where the splendid Arab culture merges with the Mediterranean one.”

 

Pasquale Junior Natuzzi, Chief Trade & Contract Officer

The Natuzzi Harmony Residences by Peace Homes architectural concept redefines the notion of luxury, with exteriors celebrating organic forms and reflecting the sophisticated allure of the interior spaces, where Natuzzi Italia’s furniture design brings Italian tradition and timeless aesthetics to their chosen setting—an exclusive and desirable environment that celebrates quiet luxury.

Striking in its visual impact are the large floor-to-ceiling windows, through which natural light, a key element of the project, flows into the interior spaces, enhancing their smooth, unbroken shapes and eliminating harsh angles and color contrasts. The Natuzzi Harmony Residences by Peace Homes have been conceived to be customizable, both in terms of interiors and the layout of the spaces, offering a made-to-measure experience that creates environments reflecting the tastes and sensibilities of those who have chosen them.

Natuzzi Harmony Residences by Peace Homes stands as a symbol of Peace Homes Development’s commitment to redefining luxury living in Dubai. By merging the heritage of Natuzzi Italia with Dubai’s modern architectural ambitions.

A dedicated team from Natuzzi Italia is on the ground in Dubai, designing a model apartment that exemplifies the brand’s commitment to, elegance, harmony and beauty. This model apartment will serve as a window into the exclusive Natuzzi Italia living experience, allowing prospective homeowners to envision the extraordinary lifestyle that awaits.

To complement the Natuzzi lifestyle, a range of exclusive services is available, including swimming pools, a gym, a wellness center, a children’s area, and a cinema room, all designed to foster social interaction and harmony in everyday living.

With a global network of more than 1,100 showrooms and galleries and a flagship store in Dubai, Natuzzi Italia’s presence in the city marks a new era where the charm of Mediterranean living blends with the innovation and majesty of the Middle East.

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J1 Beach Unveils Dubai’s New Global Icons from Paris to Tulum

Five restaurants now open; eight to open doors in the coming weeks

Thu, Nov 14, 2024 3 min
J1 Beach, Dubai’s newest and most exclusive destination, has opened its doors redefining beachfront luxury and elevating the city’s renowned culinary scene. Nestled in the heart of Jumeirah, J1 Beach by Merex Investment showcases 13 world-class restaurants from celebrated culinary capitals—Paris, New York, Miami, London, Tulum, and the French Riviera.
More than just a dining destination, J1 Beach takes guests on an immersive global journey, with diverse flavors and experiences that set a new standard for coastal elegance in Dubai. Restaurants now open to welcome guests include Gigi Rigolatto, bringing the essence of Italian lifestyle to Dubai’s shores; Gitano, offering a modern Mexican menu with signature mezcal cocktails; and Almayass by the Sea, renowned for its award-winning Lebanese Armenian fusion dishes. Bâoli Dubai presents contemporary East Asian cuisine in a jungle-inspired setting, while Chouchou invites the public to experience its upscale French members-only beach house.
Completing the lineup in November, will be African Queen, a South of France staple blending French and African flavors; Sakhalin redefines MediterrAsian cuisine under the guidance of Michelin-awarded Chef Alexey Kogay and Kaimana Beach, delivering a 360° Polynesian Asian fusion experience against breathtaking beachfront views.
Also opening soon are La Baia by the Beach, a refined Italian restaurant inspired by the Amalfi Coast, and Lúnico, merging Spanish-Mediterranean cuisine with live entertainment. Ninive Beach brings together Middle Eastern and North African flavors, influenced by ancient Mesopotamian culture, while INÁ is offering a multi-sensory journey with African-inspired open-fire cooking. Finally, Sirene by Gaia, the world’s largest beach club, will encapsulate the laid-back charm of a Greek summer with authentic Mediterranean flavors in a stunning beachside setting.
Visitors to J1 Beach can unwind by the beach or pool from sunrise to sunset, transitioning seamlessly from morning relaxation to evening entertainment. Designed as a year-round coastal escape, J1 Beach merges the elegance of international jet-set destinations with Dubai’s dynamic energy. Whether enjoying a leisurely lunch or a refined dinner, the breathtaking Arabian Sea backdrop enhances every experience.
What truly sets J1 Beach apart is the holistic experience it offers. Guests can lounge on sunbeds, sip signature cocktails from one of the licensed bars, and soak in panoramic sea views. As day turns to night, J1 Beach transforms into a vibrant destination filled with luxury dining, music, and entertainment. With exclusive venues catering to both intimate dinners and lively celebrations, it’s set to become Dubai’s premier spot for relaxation and excitement.
J1 Beach promises to redefine Dubai’s dining landscape through its blend of culinary excellence, beachfront luxury, and world-class service. It’s not just a place to dine; it’s a destination where guests can explore, unwind, and savor life in true Riviera style. From poolside lounging to beachfront dining and energetic nightlife, J1 Beach offers the ultimate seaside culinary adventure.
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1001 Seasons of Elie Saab: A Dazzling Celebration of Fashion in Riyadh

The ceremony was a reflection of Saab’s love letter to Arab heritage, with 300 meticulously crafted pieces brought to life on the runway.

Thu, Nov 14, 2024 2 min

In an evening that brought together high fashion and star-studded entertainment, Elie Saab marked his 45th anniversary with an unforgettable fashion show titled 1001 Seasons of Elie Saab at Riyadh Season.

During Saudi Arabia’s annual winter festival, the celebrated Lebanese designer unveiled his exclusive Riyadh Season Collection for Fall 2025, inspired by the timeless tales of One Thousand and One Nights. The ceremony was a reflection of Saab’s love letter to Arab heritage, with 300 meticulously crafted pieces brought to life on the runway.

The night extended beyond the fashion, as the event welcomed a number of global superstars who lent their charisma to the evening. The front row buzzed with Hollywood and Middle Eastern A-listers, among them Halle Berry, who stunned in her iconic Elie Saab gown from the 2002 Oscars. In an emotional moment, she met Saab in person for the first time, nearly 22 years after wearing his creation on the red carpet.

Setting the stage for the evening’s glamour, Jennifer Lopez wore a dazzling, tasseled bodysuit designed by Saab, kicking off her performance with a rendition of “I Will Survive.” Her shimmering cape and old Hollywood-inspired waves perfectly matched the runway’s ‘20s-themed elegance, with models gracing the catwalk in feathery and opulent looks. Lopez’s hits like “On the Floor” and “Let’s Get Loud” turned the runway into an electrifying celebration of glitz and glamour.

Camila Cabello joined the festivities, adding a touch of youthful flair in a sparkly pink outfit that paralleled Saab’s ultra-feminine designs. Nancy Ajram and Amr Diab took to the stage next, infusing the atmosphere with Arab tunes.

 

The night’s emotional highlight was Celine Dion’s powerful performance. Dressed in a metallic gown, Dion serenaded the audience with “The Power of Love” and “I’m Alive,” marking only her third public appearance since her recent return to the stage.

From haute couture gowns to unforgettable musical acts, the 1001 Seasons of Elie Saab was a night of opulence that honored Arab heritage and the designer’s decades-long journey in fashion. Saab’s commitment to artistry, heritage, and the star-studded glamour that has defined his brand was displayed with elegance, leaving a profound mark on Riyadh’s dazzling entertainment season.

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Ethara Joins GOAL Program Leading Sustainability Efforts in Middle Eastern Venues

Ethara becomes first organisation in the region to join the global initiative that supports live entertainment venues in reducing their environmental footprint

Wed, Nov 13, 2024 2 min

Ethara has announced its membership of the Green Operations & Advanced Leadership (GOAL) program – making it both the first organization in the Middle East and first F1 promoter to join the global sustainability initiative.

Ethara’s GOAL membership also means Yas Marina Circuit becomes the first F1 circuit and the first track in professional racing to be recognized as a GOAL member, with Etihad Arena also becoming the first live entertainment venue – further reinforcing Ethara’s strategic commitment to environmental excellence across its portfolio of venues.

Founded by Oak View Group (OVG), in partnership with Fenway Sports Group, the Atlanta Hawks and State Farm Arena, and Jason F. McLennan, GOAL is a pioneering sustainability-driven membership, validation, and support network for sports, entertainment, and live event venues, and includes some of the world’s leading stadiums, arenas, theatres, and convention centers in North America and Europe including Climate Pledge Arena in Seattle, UBS Arena in New York, and Co-op Live in Manchester.

As a GOAL Member, Ethara will focus its sustainability mission through four core pillars: driving climate action – aiming to reach net zero by 2040, responsible resource usage – helping to build a zero-waste future, maximizing water efficiency – enhancing the regional water ecosystem, and building a balanced energy mix – creating a stable, sustainable, and flexible energy system.

GOAL adds to an already established sustainability framework at Ethara, now named ‘The Ethara Edge’ – including certifications, third-party validation, and alignment with partners and industry leaders – giving the region’s leading venue operator and live event management organisation a true edge in the market as it leads the way in environmental stewardship and climate change.

Saif Rashid Al Noaimi, Chief Executive Officer, Ethara, said: “We are thrilled to become the first entity in the region participating in the GOAL program. This membership underscores our commitment to sustainability, while setting a new standard for major venue and event management in the Middle East. As the first global Formula 1 promoter, and the region’s first organization to become members, we are again demonstrating our innovation-focused leadership in this dynamic, ever-evolving market.”

Chris Granger, President of OVG360, added: “Ethara’s evident commitment to sustainable operations is an inspiring example that we are thrilled to share across the expanding GOAL Member network. The Ethara Edge platform showcases Ethara’s vision for a sustainable future, and one that we are thrilled to support through GOAL’s measurement tools and GOAL Medal recognition program. We are impressed by the Middle Eastern region’s focus on sustainable innovation and are thrilled to work with Yas Marina Circuit and Etihad Arena, who are leading examples on that topic!”

Danny Klima, Venue Portfolio Director at Ethara, said that achieving GOAL membership marked a significant milestone in sustainable venue operations and live event management in the region. “As the venue operator of Yas Marina Circuit – an icon to racing fans worldwide – and Etihad Arena – the UAE’s home of world-class live entertainment – Ethara is constantly looking to make its operations more sustainable. We have a clear focus on continually strengthening our commitment to environmental stewardship and climate change and integrating best practices in sustainability across our activities and operations. By leveraging the array of GOAL membership benefits, we look forward to gaining a critical edge to set new standards and further build on our already considerable achievements when it comes to reducing our environmental impact and delivering positive and meaningful impact to our local communities and shared natural environments.”

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Sheraton Jumeirah Beach Resort Relaunches with a Modern Transformation

This transformation ushers in a new era, blending modern design, amenities, and cutting-edge technology while preserving the resort’s rich history and cherished legacy.

Wed, Nov 13, 2024 3 min

Sheraton Jumeirah Beach Resort announced its relaunch following an extensive revitalization, redefining the guest experience at this iconic destination. As the first hotel built in the Jumeirah Beach Residence (JBR) area, Sheraton Jumeirah Beach Resort has set the standard for excellence in hospitality for over two decades. This transformation ushers in a new era, blending modern design, amenities, and cutting-edge technology while preserving the resort’s rich history and cherished legacy.

The reinvention of the Resort is driven by the vision of bringing people together through shared moments and spaces. The newly reimagined rooms and suites offer a sophisticated fusion of modern design and natural textures, with a color palette inspired by the serene beachfront setting. All rooms have been thoughtfully equipped to cater to the diverse needs of today’s travelers with the latest technologies, providing guests with a seamless blend of comfort and innovation. The bathrooms too have been fully renovated, with bathtubs replaced by rain showers for better convenience and accessibility.

The resort’s redesigned lobby showcases Sheraton’s latest brand elements, creating a contemporary, inviting space that seamlessly blends work, leisure, and meaningful connections. Signature concepts like The Booth, Studios, and & More by Sheraton transform the lobby into more than just a functional area, it’s a vibrant hub where guests and locals can come together in unique and memorable ways. Complementing this, Gatherings by Sheraton plays a key role in fostering community engagement, offering curated events that unite diverse communities and create lasting connections, further enhancing Sheraton JBR’s position as a place for shared experiences.

In addition to the revitalization of its guest accommodations, the resort proudly introduces two new dining outlets: Seafield Mediterranean Eatery and & More by Sheraton. Seafield offers a rich array of Mediterranean flavors and a warm, inviting atmosphere that embodies its vibrant spirit. Further, & More by Sheraton features an all-day menu with a variety of beverages, freshly brewed coffee, and an assortment of breakfast offerings, along with convenient grab-and-go options.

The resort also boasts a diverse selection of food and beverage venues, including Black Goose Buns & Brews, a vibrant sports bar; Bliss Lounge, a beach lounge; Al Hadiqa, a Levantine restaurant; Peacock, a Chinese specialty restaurant; Azure, a pool bar; and Tacolicious, a Mexican food truck, among others. Guests are invited to indulge in culinary delights while soaking up the sun and enjoying the stunning beachfront views.

Guests seeking relaxation and leisure will be delighted by the enhancement of the hotel’s recreational facilities, including a private beach, an outdoor temperature-controlled pool, a dedicated children’s swimming pool, and a spa offering a variety of treatments. Visitors can enjoy activities such as beach volleyball, water sports, and table tennis, as well as access to the newly renovated Sheraton Fitness. Additionally, the resort features two indoor squash courts for those looking to stay active during their stay.

“We are excited to introduce this transformative new chapter for Sheraton Jumeirah Beach Resort,” said Multi-Property General Manager Mohamed El Aghoury. “With our commitment to excellence at the core, we’ve reimagined the resort to offer not just comfort, but a truly immersive atmosphere where every detail ensures that visitors feel not only welcomed but also that they truly belong in this thoughtfully designed environment.”.

Sheraton Jumeirah Beach Resort remains committed to providing guests with exceptional service and accommodations. Located in the heart of JBR, the relaunched Sheraton Jumeirah Beach Resort offers guests easy access to some of Dubai’s most iconic attractions, including Ain Dubai, Palm Jumeirah, and Dubai Marina. This prime location, combined with the resort’s newly upgraded amenities and unparalleled service, makes it the perfect destination for both leisure and business travelers.

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Porsche Expands Taycan Lineup with New Taycan 4 and GTS Models

Available to order now and expected to start arriving at dealerships from the first half of 2025.

Wed, Nov 13, 2024 6 min
With a sharper design, more power and even better charging performance, Porsche extensively modernized the Taycan at the beginning of 2024. Now, two new versions complete the 16-version family: The new edition of the Taycan GTS builds on the model-spanning success story that is the Gran Turismo Sport at Porsche. With up to 515 kW1 of peak power with Launch Control, this version is once again the sportiest offering among the Taycan variants. The new Taycan GTS is available as a sports sedan. In addition, the entry-level sports sedan is also available with all-wheel drive for the first time.
The range of Taycan models has never been wider: with two body variants, all-wheel and rear-wheel drive and various power levels of the Porsche E-Performance motors ranging from 300 to 760 kW, there are now 11 versions all told.
The Taycan 4 sports sedan and the new edition of the Taycan GTS have just been added. The two new options complete the Taycan portfolio and can now be ordered, with availability at dealerships set to start in the first half of 2025. New optional exterior colors are also available for all Taycan models. In the Legends category, Slate Grey Neo and Pale Blue Metallic complete the range, while Purple Sky Metallic has been added to the Dreams category.
“With the extremely wide-ranging Taycan line-up, we meet a wide range of customer wishes and mobility needs. Our two latest innovations exemplify this exceptional breadth,” says Kevin Giek, Vice President Model Line. “Even the first generation of the Taycan GTS was already the sporty standard-bearer of the model line, positioned be-tween the Taycan 4S and Taycan Turbo. And the new edition is no exception. At the other end of the range, the Taycan 4 sports sedan combines the high efficiency of the entry-level model with the superior handling of all-wheel drive.”
The new models naturally have many enhancements in terms of design, technology and equipment with which Porsche updated the Taycan at the beginning of the year. The electric sports car surpasses its predecessor in almost every discipline. The new models have more power, accelerate faster and charge in less time with greater stability. All Taycan versions feature an even more extensive standard equipment list and come with the latest generation of the Porsche Driver Experience.
The simultaneous improvement of performance and efficiency is down to a number of factors: an advanced powertrain with a new rear-axle motor with up to 80 kW more power than its predecessor on all models, a modified pulse inverter with optimized software, more powerful batteries, revised thermal management, a next-generation heat pump and a modified recuperation and all-wheel-drive strategy. At 800-volt DC charging stations, for example, it can be charged at up to 320 kW. The maximum recuperation capacity during deceleration from high speeds has increased to up to 400 kW.

New edition of the Taycan GTS: the sporty all-rounder

GTS stands for Gran Turismo Sport. Since the Porsche 904 Carrera GTS of 1963, these three letters have enjoyed a special reputation among Porsche fans. Now, there is also a variant in the Taycan model range with this legendary combination of letters.
As a sporty all-rounder, the Taycan GTS impresses with up to 515 kW of over boost power when using Launch Control – 75 kW more than its predecessor. With the new push-to-pass function2 in the standard Sport Chrono package, a boost of up to 70 kW can be called upon for 10 seconds at the touch of a button. In the Taycan GTS, push-to-pass also has a particularly sporty character, because at low speeds the torque is raised to Launch Control levels. As in the Taycan Turbo GT, the boost is indicated by a countdown timer in the instrument cluster and dynamically staged with animated rings on the speedometer.
The Taycan GTS sports sedan hits 100 km/h from a standstill in just 3.3 seconds when tested in a controlled environment on-track – 0.4 seconds faster than its predecessor. The sports sedan takes just 10.4 seconds to accelerate from 0 to 200 km/h when tested – 1.6 seconds less than before.
To do justice to the exhilarating character of a GTS, it was given a more distinctive sound profile, analogous to the Taycan Turbo S. This sound feature sets it apart from other Taycan models.
The exterior and interior are equally distinctive. The numerous Black or Anthracite Grey details on the exterior are typical of a GTS. New to the Taycan GTS compared to its predecessor are the Sport design front and rear aprons with inlays painted in Black (high gloss). Black (high gloss) is also used on the bases of the exterior mirrors. Both the standard Taycan Turbo S Aero Design wheels in the 20-inch format and the op-tional RS Spyder Design wheels in the 21-inch format, on the other hand, are painted exclusively in Anthracite Grey on the GTS.
Many of the materials in the interior have been adopted from the Taycan Turbo GT models. For example, the Taycan GTS models come standard with extended scopes in sporty Race-Tex and elements in smooth black leather. Also included are the Adaptive Sports Seats Plus (with electric 18-way adjustment), the GT multifunction sports steering wheel with mode switch and steering wheel heating as well as the Sport Chrono package, including the push-to-pass function and track mode. The GT multi-function sports steering wheel, familiar from the Taycan Turbo GT models, is available in black Race-Tex on request. It includes two mode switches and paddles for the push-to-pass function and for energy recuperation. In addition to Carmine Red, the optional GTS interior package is now also available in Slate Grey Neo. A Taycan GTS logo is featured in the instrument cluster, power meter and start graphic. The BOSE® Surround Sound System is standard.
The GTS-specific chassis and optional rear-axle steering lend a particularly sporty edge. The adaptive air suspension including Porsche Active Suspension Management (PASM) is combined with Porsche Torque Vectoring Plus (PTV Plus) as standard. The Porsche Active Ride suspension control system with GTS-specific tuning is available as an option. In dynamic driving situations, it ensures an almost perfect connection to the road thanks to an optimal, individual distribution of wheel loads for each wheel. In addition, Porsche Active Ride offers increased driving comfort in everyday driving situations.

New Taycan 4: added traction and performance on the popular base model

Customers who wanted to combine the high efficiency of the entry-level Taycan with all-wheel drive have already found what they were looking for in the Cross Turismo. Now Porsche also offers such a variant as a sports sedan. In terms of performance, this new Taycan 4 corresponds to the Taycan: depending on whether the standard Performance battery or the optional Performance Battery Plus is fitted in the under-body, the result is an over boost output of up to 300 kW or 320 kW when using Launch Control.
With one electric motor each on the front and rear axles, the Taycan 4 offers greater driving stability and more traction than the rear-wheel-drive Taycan. This is reflected in the acceleration values: the Taycan 4 takes exactly 4.6 seconds to go from 0 to 100 km/h when acceleration is tested on-track. Despite the extra 80 kilograms, it is two-tenths of a second faster than its rear-wheel drive model sibling.
Over the course of the model cycle, Porsche has already improved the all-wheel drive strategy. Of course, the new Taycan 4 also benefits from these optimizations in Favour of greater efficiency. This means that the front electric motor is electrically decoupled whenever traction, driving dynamics and driving stability allow it. It then switches back on within milliseconds when needed, for example when accelerating or recuperating.
Externally, the extensive standard equipment includes 19-inch Taycan aero wheels and black brake calipers as well as matrix LED headlights. In addition, Porsche Traction Management (PTM) and Adaptive Air Suspension with Porsche Active Suspension Management (PASM) are fitted as standard.
Black partial leather trim, the Dark Silver accent package, the leather multifunction sports steering wheel and the brushed silver aluminum door entry guards are standard in the interior. The partial leather interior is also available in Slate Grey as well as in a two-tone version in Black/Chalk Beige.
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DAMAC Properties Enters Luxury Aviation with the Launch of DAMAC Air

This reflects DAMAC’s commitment to providing unparalleled experiences that extend beyond real estate and into the skies

Mon, Nov 11, 2024 2 min

DAMAC Properties, the well-known luxury real estate developer, is set to redefine luxury travel with the launch of DAMAC Air, an exclusive airline catering to affluent travelers. This groundbreaking venture, anticipated to launch on November 11, 2024, reflects DAMAC’s commitment to providing unparalleled experiences that extend beyond real estate and into the skies. DAMAC Air’s mission is simple: to craft unforgettable journeys to some of the world’s most sought-after tropical destinations.

DAMAC Air will fly passengers to six paradises—Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii. Each destination offers a blend of natural beauty and luxury, and DAMAC Air aims to elevate these journeys into immersive lifestyle experiences. “We’re not just changing how you vacation; we’re transforming how you live,” the company states, highlighting its goal to redefine the travel experience by blending exotic escapes with the comforts of home.

From private jet charters and custom-designed itineraries to exclusive VIP accommodations, DAMAC Air will provide crafted travel packages that prioritize comfort and sophistication. Each detail, from onboard luxury to exclusive destination events, will be tailored for clients who seek privacy and excellence. DAMAC Air’s exclusive approach includes premium services, giving travelers access to experiences not available to the general public.

While the fleet details are still under wraps, early hints suggest a lineup that may include top-tier jets like the Boeing 787, Gulfstream G650ER, and Bombardier Global 7500, each renowned for comfort and long-haul capabilities. These aircrafts’ luxurious interiors align with DAMAC’s commitment to redefining luxury travel, promising an elite journey from takeoff to landing.

Strategically based in the UAE, DAMAC Air is well-positioned to serve international clients seeking both personal and corporate travel solutions. The airline’s hub in one of the world’s leading luxury and innovation centers allows it to cater seamlessly to the high-net-worth individuals, families, and businesses that demand privacy and exclusivity in their travel experiences.

With its sights set on becoming a leader in luxury aviation, DAMAC Air reflects the same dedication to quality and elegance that has made DAMAC Properties a leading name in luxury real estate. As November approaches, travelers around the world eagerly anticipate the debut of DAMAC Air, ready to embrace a new era where every journey is a curated experience and every destination, a dream fulfilled.

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The Grand Launch of the All-Electric Macan at Porsche Centre Kuwait

The new Macan was introduced at an exclusive event held at the Porsche Centre Kuwait in the area of Industrial Shuwaikh

Mon, Nov 11, 2024 3 min

Porsche Centre Kuwait, Behbehani Motors Company, unveiled the highly anticipated new all-electric Macan at an exclusive event held at the state-of-the-art Porsche Centre Kuwait in the area of Industrial Shuwaikh. The Macan, already renowned for redefining SUVs upon its inception, now enters a bold new chapter with the introduction of its all-electric version.

A New Era for the Porsche Macan

The local unveiling of the new all-electric Macan took place in grand style, with three stunning models—Macan 4 in Provence, Oak Green Metallic Neo, and a Macan Turbo in Ice Grey Metallic—on display. These vehicles represent the perfect blend of Porsche’s timeless design, sports car-like performance, and day-to-day usability, cementing the Macan’s reputation as a leading compact luxury crossover SUV. During the launch, guests also enjoyed a display of the new all-electric Taycan, an electrifying sports vehicle that overstimulates your senses and makes you ’overfeel’.

A Night of Luxury and Entertainment

The exclusive launch event at Porsche Centre Kuwait brought together VIPs, Porsche enthusiasts, media representatives, and esteemed customers. The venue showcased cutting-edge lighting technology and state-of-the-art displays, creating a luxurious ambiance that reflected Porsche’s signature sophistication. Guests enjoyed live entertainment, including a DJ and an impressive light show that added an artistic flair to the evening. Exclusive giveaways, featuring premium diffusers from a local brand and engraved gifts, enhanced the overall experience.

Commentary from Porsche Centre Kuwait

Speaking at the event, Hany Marie, General Manager of Porsche Centre Kuwait, expressed his excitement for the launch of the all-electric Macan: “Tonight, we present the new all-electric Macan, a vehicle that epitomizes innovation and luxury. The redesigned model brings precision, sharpness, and a bold edge, perfectly blending Porsche’s traditional values with a forward-looking design.”

Marie highlighted the new Macan’s enhanced powertrain, chassis, and luxurious features that elevate both on-road and off-road performance while ensuring maximum comfort for everyday driving.

Unmatched Performance & Cutting-Edge Technology

The new Macan features powertrains delivering up to 470 kW (639 PS), offering top-tier performance on any terrain. With fast charging capabilities of up to 270 kW, the Macan showcases Porsche’s commitment to electric mobility. Both the Macan 4 and Macan Turbo provide all-wheel drive, Porsche Traction Management (ePTM), and top-class E-Performance.

The Macan 4 generates up to 408 PS and can accelerate from 0-100 km/h in just 5.2 seconds, with a top speed of 220 km/h.

The Macan Turbo boasts 639 PS, rocketing from 0-100 km/h in just 3.3 seconds, with a top speed of 260 km/h.

The DC charging capability of the Macan is up to 270 kW. Under ideal conditions, the battery can be charged from 10% to 80% in approximately 21 minutes at a compatible fast-charging station, making the Macan an excellent companion for both everyday use and long journeys.

The new all-electric Macan can charge rapidly over a very wide state-of-charge range (SoC range) – with the battery temperature and weather conditions having relatively little impact on the charging time.. The battery is preconditioned for an optimal charging experience.

A Vision of the Future

The new all-electric Macan represents Porsche’s continued evolution towards sustainability, offering a range of advanced driving technologies, comprehensive assistance systems, and complete digital connectivity. This model is designed for drivers who value exceptional design and personalized customization, with exclusive options available through Porsche’s bespoke Exclusive Manufaktur program. With over 800,000 Macans delivered worldwide since 2014, the new all-electric Macan marks the next milestone in Porsche’s journey toward a more sustainable future.

Experience the new all-electric Macan

Potential buyers and Porsche enthusiasts are invited to immerse themselves in the exceptional engineering of the new all-electric Macan at Porsche Centre Kuwait. Experience firsthand the perfect blend of luxury, performance, and innovation that defines the Macan. Join us to explore this groundbreaking vehicle and feel the excitement of driving a Porsche like never before.

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AliExpress 11.11 Global Shopping Festival Brings Unbeatable Deals and Enhanced Service to Saudi Arabia

Up to 80% off across thousands of products and exclusive deals from over 100 big brands.

Mon, Nov 11, 2024 2 min

AliExpress is bringing back its annual 11.11 Global Shopping Festival to the Kingdom of Saudi Arabia with the best deals of the year, with discounts up to 80% off and an upgraded service to enhance the shopping experience.

This year, the platform is extending the shopping festival so consumers can benefit from a month-long of promotions, with 11.11 SALE running from November 11 to November 18 and Super Friday and Cyber Monday deals from November 22 to December 3. AliExpress also offers exclusive deals and products from over 100 big brands with exceptional value. On top of slashed prices, shoppers can enjoy additional deductions through various payment partners, adding to the great value.

AliExpress has further optimized its consumer experience with commitments to provide guaranteed delivery and an extended refund period for KSA customers, along with new incentives for first-time shoppers, including free shipping and exclusive first-order discounts.

The 11.11 Shopping Festival, which starts in November, kicks off an extended festive shopping period, with deep discounts on an incredible selection of popular brands & trending products. We are committed to providing a seamless, fun shopping experience,” said Jim Liu, General Manager for the Middle East at AliExpress. “We are thrilled to team up with football stars Salem Al-Dawsari and Feras Al Brikan again to bring our best deals of the year to the Kingdom’s shoppers.”

A Month of Deals, Flash Sales, and Reliable Service

The 11.11 Shopping Festival is packed with exclusive deals with brands such as Huawei, Xiaomi, TCL, Baseus, eufy, Carlin Kit and Hibrew for KSA consumers to save big on quality products, all of which can be found in the Big Save channel on AliExpress.

Huawei just launched its brand-new HUAWEI MatePad 11.5S online version on AliExpress. During the 11.11 campaign in the Flash Sales channel, consumers can get a huge 45% off of HUAWEI MatePad from RRP and a free gift.

To further ensure peace of mind for local consumers, AliExpress up its service commitments by providing a series of measures, including a delivery guarantee, free shipping, free returns with an extended period of 90 days.

With the partnership with Tamara, Saudi consumers now have the possibility to buy a wide of products in instalments splitting into 4 payments with no late fees by choosing Tamara payment to check out. Moreover, selecting payment with Tamara allows shoppers to enjoy additional discount of “50SAR off on orders over 300SAR ” at checkout during 11.11 Shopping Festival.

With another partnership of AliExpress and Alinma, Saudi consumers can now enjoy the additional discount of “100SAR off on orders over 300SAR” by choosing Alinma Bank credit and prepaid cards during the 11.11 Shopping Festival at checkout.

In alignment with KSA’s Vision 2030 and its commitment to bolstering the local economy, AliExpress is excited to engage with local shoppers and communities, as well as offer local vendors a venue to expand their reach.

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Lamborghini Debuts Its First Hybrid Super-SUV
By JOHN SCOTT LEWINSKI
Fri, Nov 8, 2024 4 min

Lamborghini CEO Stephan Winkelmann  has made it clear the company, which makes some of the fastest cars in the world, would not speed into the era of electrification.

“Our first steps in that (electrification) direction will be plug-in hybrids throughout the lineup,” he said in a 2022 interview with Penta. “This is all very easily welcomed at Lamborghini. The equations are easy. We always promise more performance than the generation before for all our cars, and we will do so while maintaining sustainability. By 2025, we will be able to cut our overall emissions by 50% with all of the hybrid models added.”

Proving Lamborghini and Winkelmann are as good as their collective word, the time of watts and volts arrived in Bologna, Italy, with the debut of the 2025 Lamborghini Urus SE. The first hybrid super-SUV from the proud Italian firm, which starts at $275,000 marries the familiar internal combustion specs of its growling engines with battery power looking not so much to save the planet as to propel vehicles across it with more alacrity.

The Urus SE is the first hybrid plug-in version of Lamborghini’s SUV, and it’s aimed to outperform its all-internal combustion rivals, such as the Aston Martin DBX707 and the Bentley Bentayga. The PHEV (Plug-in Hybrid Electric Vehicle) Urus SE relies on an 800 CV hybrid powertrain, surpassing any previous Lamborghini SUV model in torque and power numbers.

As for external styling on the Urus, Lamborghini takes after its competition at Aston Martin or Ferrari by trying to make an SUV that looks as little like an SUV as possible.
Courtesy of Lamborghini

The machine’s twin-turbo 4.0-litre V-8 engine is reengineered and partnered with an electric powertrain to produce 620 CV. For the uninitiated, CV is the abbreviation of Chevaux-Vapeur and is similar to horsepower. Usually, HP converts to just a little less than CV—at least allowing the automotive enthusiasts from the U.S. and Europe to get a traditional sense of vehicle power for gas-powered or hybrid vehicles without needing a conversion calculator.

To make a long engineering story as quick as the Urus SE, if you add together the internal contrition power plant and the e-motor, the final output is 800 CV. The result is a Lamborghini that cuts its emissions by 80% without sacrificing performance, comfort, or driving excitement.

The thinking process on when and how to release this plug-in hybrid began before the company’s 2021 pledge to cut CO2 emissions, says Stefano Cossalter, the Urus model line director.

Courtesy of Lamborghini

“This plan gave momentum to a profound and constant research of opportunities and challenges involved in the transition to electrification,” Cossalter says. “The plan started in 2023 with the launch of the Revuelto [sold out into 2026], our first HPEV (high performance electrified vehicle), and continues with the launch of the hybrid version of our Super SUV Urus SE.”

Cossalter lays out that the slow and steady march to electrification will continue next year with the release of the Temerario, described by Lamborghini as the successor to the popular Huracan and “the first super sports car in the history of the … brand to be equipped with a V-8 twin-turbo engine paired with three electric motors.” Then, the automaker will look to the horizon for its introduction of the Lanzador, the company’s first BEV (battery electric vehicle) in 2028.

The hybrid version offers improved performance over the 100% gas Urus. A magnet synchronous electric motor located inside the SE’s eight-speed automatic transmission tied into the four-wheel-drive system can boost the V-8 engine, offering additional acceleration. Meanwhile, that motor can provide enough power to transform the Urus SE into a totally electric vehicle with a range of about 35 miles in EV mode.

With the new drive system noted, Lamborghini’s engineers could turn to performance specs. They built in a new, centrally located longitudinal electric torque vectoring system with an electro-hydraulic multi-plate clutch. That’s a lot of fancy tech talk to say the vehicle can throw power and grip back and forth between the front and rear axles wherever the onboard system senses it’s needed. A new electronic limited-slip differential on the rear axle helps give the Urus SE oversteering when needed. The end result is an SUV that packs the feel of a Huracan on the road.

That supercar feel in an SUV is the experience Lamborghini refuses to abandon in the Urus SE, Cossalter says.

“We didn’t come to compromises in the hybridisation process,” he says. “We wanted the Urus SE to preserve the DNA of the original project and enhance the experience for the driver. For those reasons, we decided not to downsize. We kept a V-8 engine with its strong character and voice, and then added some spice to the dynamic behavior by changing the all-wheel-drive architecture. The result is we have more power, more torque, more speed, more fun.”

As for external styling on the Urus, Lamborghini takes after its competition at Aston Martin or Ferrari by trying to make an SUV that looks as little like an SUV as possible. The profile is lowered, and the lines sweeping and tapering from nose to tail, as though Lambo’s in-house designers want to hide the size and functionality of an SUV inside the shape of the familiar Lamborghini supercars of the past.

However, driving the Urus does not feel much like a traditional Lamborghini supercar simply because the driving position is higher and more upright compared to, say, an Avantador that puts the driver’s backside close to pavement. Regardless of where one sits, the acceleration, noise, and tight handling lives in a Urus as happily as it does in any other Lambo.

As its first volume consumer step into the hybrid world, the Urus SE tells Italian supercar enthusiasts to keep the faith.

“The Urus SE points to the future with electrification while keeping its heritage intact,” Cossalter says.

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Cadillac and Al Ghandi Auto Begin Construction on a new AED 47 million Landmark Experience Center

The new center is located on Sheikh Rashid Bin Saeed Street at the junction of Dhafeer Streetin.

Fri, Nov 8, 2024 3 min

Cadillac Arabia and Al Ghandi Auto have officially broken ground on a new experience center located on Sheikh Rashid Bin Saeed Street at the junction of Dhafeer Streetin the UAE capital. Set to elevate Cadillac’s presence in the market, Al Ghandi Auto’s Cadillac Experience Center has received a 47 million Dirham investment, and will offer an open sales area, VIP lounge and service reception once complete in the first quarter of 2026.

To mark the occasion, John Roth, Vice President of Global Cadillac, joined Buti Saeed Mohamed Alghandi, Managing Director of Al Ghandi Auto to officially ground break the site, marking the start of construction for the 82,495 square feet site.

“We’ve always believed that owning, driving and being a passenger of a Cadillac is an experience in itself and innovation, design, craftmanship and luxury are in Cadillac’s DNA. Our new Experience Center depicts this and is set to redefine the luxury automotive experience in Abu Dhabi. This marks a huge milestone in our near century presence in the region, once again innovating, raising the bar and elevating the customer journey, starting from the showroom.” said Jack Uppal, President and Managing Director, General Motors Africa and Middle East.

The main showroom will feature spacious high ceilings and will be equipped to showcase eleven cars, with the comfort-controlled basement providing an extended area for customers to experience a wider selection of Cadillac models. For those looking to take their shopping experience to the next level, interactive displays will also be installed, allowing customers to explore vehicle features, customization options, and advanced technologies at their own pace.

The service center will comprise of fourteen work bays with capacity of 50 plus vehicles per day, which has been designed to meet the specialist needs of Cadillac’s electric and ICE vehicles, including high-capacity vehicle lifts, specialist tools and diagnostic equipment. Prominent windows will separate the showroom from the service center, offering complete transparency to the workshop, enabling customers to see the repairs being expertly conducted by the Cadillac certified technicians.

Further expanding on Cadillac’s commitment for an electric future, the facility will be amply equipped to provide concurrent charging for up to twelve electric vehicles, including four high-speed chargers to ensure that visitors and customers can always have their electric vehicles topped up to the desired level of charge.

“We’re thrilled to be announcing the start of construction for our new experience center” said Buti Saeed Mohamed Alghandi, Managing Director of Al Ghandi Auto. “As Cadillac’s exclusive dealer partner in the UAE, we understand and value the responsibility of being the brands’ touchpoint with esteemed customers. We have carefully crafted the building to ensure an unparalleled cutting-edge experience, that also aligns to our wider commitments to the UAE. The design meets the 1 Pearl Building Rating System, which aims to promote the development of sustainable buildings. It was also important for us to meet the needs of People of Determination, ensuring accessibility, safety and comfort with features including ramps and braille indicators. We look forward to welcoming our esteemed customers in 2026”.

Poised to have striking architectural design and state-of-the art facilities that reflect a forward-thinking approach, Cadillac customers are promised to experience a unique luxury site, setting new standards for automotive excellence in the region. The Experience Center will also contribute to local economic growth by creating jobs and supporting the luxury automotive sector.

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Diriyah Company Expands Reach with New Travel Trade Agreements at WTM 2024

The collaborations, with Tetrapylon DMC, 88 Destinations, and Athaar Arabia DMC, are designed to further elevate Diriyah as a premier global cultural and tourism destination.​

Fri, Nov 8, 2024 2 min

Diriyah, The City of Earth, and the birthplace of the Kingdom of Saudi Arabia, projected to attract 50 million annual visits by the turn of the century, will gain increased visibility through a series of new travel trade agreements signed by Diriyah Company at WTM 2024 in London with leading Saudi tourism partners. The collaborations, with Tetrapylon DMC, 88 Destinations, and Athaar Arabia DMC, are designed to further elevate Diriyah as a premier global cultural and tourism destination.​

Under the agreements, Diriyah Company and its travel partners will collaborate to promote Diriyah, The City of Earth, as a leading premium cultural destination for discerning global travelers. Working together with these partners Diriyah Company will produce tourism reports and develop a comprehensive marketing toolkit to highlight the various offerings for inbound cultural travelers visiting the Kingdom in groups.

The agreements follow two travel trade agreements signed on the first day of WTM with global luxury firm Abercrombie and Kent and local Saudi travel platform, Almosafer. All five of the travel partner agreements are aimed at positioning Diriyah, The City of Earth, as an emerging must-visit destination on the global tourism map.

Diriyah Company recognizes the impact of leveraging the expertise of world class specialized partners to further enhance its marketing efforts and ensure access to top-tier market data, ultimately delivering world-class visitor experiences.​

Jerry Inzerillo, Group CEO of Diriyah Company

Jerry Inzerillo, Group CEO of Diriyah Company, said: “We are delighted to have signed three additional travel trade agreements with leading international and Saudi based travel companies. These strategic collaborations will enhance our appeal to both domestic and global tourists as we continue our journey in transforming Diriyah, “The City of Earth”, into a world-class destination for discerning travelers and international explorers.”​

Diriyah Company is participating in WTM 2024 to provide the travel industry with an in-depth look at its transformation journey. With plans to develop 40 luxury hotels, the Royal Diriyah Opera House, and the 20,000 seat multi-purpose Diriyah Arena, among many other attractions, Diriyah is set to become one of the greatest gathering places in the world, situated on the outskirts of the capital city of Riyadh.

Since opening the UNESCO World heritage site of At-Turaif and the premium dining destination of Bujairi Terrace at the end of 2022, Diriyah has welcomed over two million visits and will open its first hotel – the 134-room Luxury Collection Bab Samhan later this year.

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Bentley Emirates Unveils the All-New fourth-generation Continental GT Speed

The new Continental GT Speed delivers unmatched performance through its 771-horsepower Ultra Performance Hybrid powertrain, achieving a top speed of 335 km/h.

Thu, Nov 7, 2024 2 min

Bentley Emirates, exclusively represented by Al Habtoor Motors in the UAE, announces the arrival of the all-new fourth-generation Continental GT Speed in the UAE, with customer deliveries already underway. The exclusive and official track day took place at the Dubai Autodrome, where customers and Bentley owners were invited to test drive the car.

The new Continental GT Speed delivers unmatched performance through its 771-horsepower Ultra Performance Hybrid powertrain, achieving a top speed of 335 km/h. With a 4.0-litre V8 engine working in harmony with a 187-horsepower electric motor, drivers can experience the thrill of 0-100 km/h in just 3.1 seconds, while enjoying up to 81 km of electric-only range. This combination of hybrid efficiency and exceptional power positions the Continental GT Speed as a truly extraordinary grand tourer, offering both performance and sustainability in one luxurious package.

Beneath the striking exterior, the new Continental GT Speed features a state-of-the-art Performance Active Chassis with Active All-Wheel Drive, all-wheel steering, and an electronic limited slip differential. This advanced system allows for an unparalleled balance of dynamic handling, grip, and control, while maintaining the renowned ride comfort Bentley is celebrated for. Paired with a 50:50 weight distribution, this latest generation offers an agile yet composed driving experience, making it the most versatile Continental GT yet.

Inside, the Continental GT continues Bentley’s reputation for peerless craftsmanship. The redesigned cabin introduces wellness seat technology, three-dimensional leather textures, and enhanced air ionization systems to elevate comfort. Bentley’s world-renowned attention to detail is evident through new Dark Chrome accents, alongside a customizable interior palette that allows customers to personalize every aspect of their vehicle. Whether through modern quilting or the optional Naim audio system, the Continental GT cabin embodies the height of automotive luxury.

Bentley’s designers have revolutionized the look of the new Continental GT. The car’s face features single headlamps, the first of its kind since the 1950s, giving the car a more determined and modern expression. From its muscular stance to its endless bonnet, the car’s exterior exudes power and elegance, embodying Bentley’s design philosophy of blending luxury with performance.

Both coupe and convertible models will be handcrafted at Bentley’s Dream Factory in Crewe, England, offering customers an experience like no other. With production and deliveries now taking place all over the world, this all-new Continental GT Speed is set to redefine the grand touring experience for customers in the UAE.

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EMEA IT Leaders Call for Stronger AI Regulations Amid Security Concerns

700 IT professionals, including 297 from the EMEA region, reveals a strong focus on security.

Thu, Nov 7, 2024 2 min

A recent survey from SolarWinds has highlighted strong support among IT professionals across Europe, the Middle East, and Africa (EMEA) for increased government regulation of artificial intelligence (AI). With a staggering 87% of respondents in favor of stronger regulatory frameworks, the survey underscores a pressing desire for action to manage AI’s complex and evolving risks.

The survey of nearly 700 IT professionals, including 297 from the EMEA region, reveals a strong focus on security, with 67% of respondents advocating for government-led security measures in AI. Privacy concerns closely follow, as 60% of EMEA IT professionals call for rules to protect sensitive information from AI-related risks. Equally significant, 60% of respondents believe regulation is essential to limit AI-driven misinformation, while 47% support government efforts to promote transparency and ethical standards in AI practices.

These insights come as governments in the EMEA region are rolling out ambitious plans for AI oversight. The European Union’s AI Act, for instance, aims to set global standards for AI safety and accountability. In Dubai, a Universal Blueprint for AI includes appointing a Chief Artificial Intelligence Officer in every government entity, reflecting the city’s commitment to secure AI governance. Meanwhile, Saudi Arabia has announced intentions to establish a $40 billion fund to accelerate AI investments, emphasizing the nation’s dedication to secure and ethical AI growth.

However, the survey also points to significant concerns about data quality, a foundational element for effective AI deployment. Only 33% of EMEA respondents express strong confidence in the quality of the data being used to train AI models. Notably, 41% of IT leaders experiencing AI-related issues cite algorithmic errors caused by insufficient or biased data, underscoring the need for better data standards to support AI success.

Rob Johnson, VP and Global Head of Solutions Engineering at SolarWinds

Data quality concerns contribute to broader barriers facing AI adoption in EMEA, with data reliability ranking as the third most significant challenge after security and cost. Additionally, 33% of respondents are uncertain about their organization’s readiness to handle the rising data demands posed by AI. This gap in database preparedness is further compounded by a lack of urgency within companies, with 43% of IT professionals indicating that their organizations are not advancing AI initiatives quickly enough due to ongoing data-related hurdles.

Commenting on these findings, Rob Johnson, VP and Global Head of Solutions Engineering at SolarWinds said, “It is understandable that IT leaders are approaching AI with caution. As technology rapidly evolves, it naturally presents challenges typical of any emerging innovation. Security and privacy remain at the forefront, with ongoing scrutiny by regulatory bodies. However, it is incumbent upon organisations to take proactive measures by enhancing data hygiene, enforcing robust AI ethics and assembling the right teams to lead these efforts.”

“This proactive stance not only helps with compliance with evolving regulations but also maximizes the potential of AI. High-quality data is the cornerstone of accurate and reliable AI models, which in turn drive better decision-making and outcomes. Trustworthy data builds confidence in AI among IT professionals, accelerating the broader adoption and integration of AI technologies,” Johnson added.

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Qatar Tourism Showcases New Horizons at World Travel Market 2024 in London

Qatar’s pavilion highlights its unique blend of cultural heritage, modern attractions, and immersive experiences

Thu, Nov 7, 2024 2 min

Qatar Tourism is making waves at the World Travel Market (WTM) London, showcasing a dynamic and evolving tourism landscape that positions Qatar as a compelling global destination. Running from November 5-7, 2024, this prestigious event brings together industry leaders and travel professionals, providing Qatar with a prime platform to reveal its latest advancements and attractions to an international audience.

Leading a delegation of 33 partners from the industry, Qatar Tourism is set on highlighting the country’s blend of modernity and heritage. The pavilion, spanning 609 square meters, captures this vision beautifully. This two-storey structure by Visit Qatar serves as an impressive showcase for luxury accommodations, cultural heritage sites, and family-friendly attractions. Within this immersive space, visitors experience the full spectrum of Qatar’s tourism offerings – from elegant hotels like Rosewood Doha and Mandarin Oriental to engaging, hands-on cultural workshops by Heenat Salma. Through such offerings, Qatar aims to appeal to a variety of travelers, from culture enthusiasts to adventure-seeking families.

An integral part of the pavilion is its interactive displays and digital technology, which offer visitors a glimpse into Qatar’s unique tourism landscape. In addition to the digital showcases, a dedicated area within the pavilion—the Visit Qatar Café—serves local delicacies like Qinwan premium dates, giving attendees a taste of Qatar’s culinary heritage.

The participation of Qatar Airways, Discover Qatar, Katara Hospitality, and Qatar Calendar at the event adds further depth to Qatar’s exhibit. Each partner brings a specialized focus to the showcase: Qatar Airways as a global aviation leader, Discover Qatar with tourist packages, Katara Hospitality with luxury accommodations, and Qatar Calendar highlighting year-round events. Together, they help present Qatar as an accessible and well-rounded destination.

With the world’s tallest water slide at Meryal Waterpark and family-oriented experiences, Qatar is expanding its appeal beyond luxury and cultural tourism to include adventure and family attractions. The pavilion’s immersive approach and technology-driven storytelling reflect Qatar’s commitment to positioning itself as a top-tier tourism destination.

Qatar Tourism’s presence at WTM exemplifies its dedication to establishing the country on the global tourism stage. This international event is more than a showcase; it’s a steppingstone toward a future where Qatar is synonymous with cultural richness, innovative attractions, and hospitality excellence.

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