ZID REDFINES SAUDI RETAIL AS IT UNVEILS ‘TOTAL COMMERCE’ AT FLAGSHIP EVENT

RIYADH/GULF TME Zid, Saudi Arabia’s leading commerce enablement platform, has unveiled ‘Total Commerce’ – a unified ecosystem redefining digital retail—at Ripple 2024, the company’s flagship event held at JAX District in Diriyah, Riyadh. The event is a milestone for retail innovation in the Kingdom and across the region, and was attended by a distinguished audience of over one thousand attendees ...

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China’s logistics sector shows robust growth

BEIJING/WAM China’s logistics sector expanded at a steady pace in November, offering the latest sign that domestic demand is picking up and the country’s economic recovery is gaining further momentum, analysts said. According to China Daily, the logistics performance index stood at 52.8% last month, representing an increase of 0.2 percentage points compared to October, based on data released earlier ...

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Etihad Airways named ‘Official Airline’ partner of 1 Billion Followers Summit

ABU DHABI/WAM The 1 Billion Followers Summit, the world’s first and largest event dedicated to shaping the content creator economy, announced Etihad Airways as the official airline partner for the summit’s third edition, taking place at Dubai’s New Media Academy from January 11 to 13 2025 under the theme “Content for Good”. The partnership with Etihad advances the goals of ...

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Adnoc’s XRG to become majority shareholder of Covestro AG

ABU DHABI/WAM Adnoc International Germany Holding AG (the bidder), a wholly owned indirect subsidiary of XRG PJSC (formerly known as Adnoc International Limited, together with the bidder and other companies of Adnoc Group, “XRG”), on Thursday, after expiry of the additional acceptance period, announced the final results of the voluntary public Takeover Offer to all shareholders of Covestro AG. At ...

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Federal Tax Authority holds second forum to honour its strategic partners

DUBAI/WAM Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), confirmed that 2024 is a distinguished year in the authority’s journey, noting that many development and modernisation projects have been implemented for its services in line with the country’s strategy for digital transformation. The electronic connectivity with its partners has been expanded to enhance the integration of ...

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Dubai hosts startups, entrepreneurs for AI Connect event

DUBAI/WAM Dubai Future Foundation (DFF) on Thursday hosted the AI Connect event, convening over 60 startups and entrepreneurs along with several government entities and investment institutions to boost AI adoption in the government sector. Organised by the Dubai Centre for Artificial Intelligence (DCAI), the event saw startups and government entities sign agreements to co-develop AI applications and solutions in Dubai. ...

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DoH expands expands Sanadkom initiative to include all Abu Dhabi residents

ABU DHABI/AD MEDIA OFFICE The Department of Health – Abu Dhabi (DoH) in collaboration with Department of Government Enablement – Abu Dhabi has expanded the Sanadkom initiative, aimed at simplifying and facilitating procedures for families of the deceased, to now include all residents of Abu Dhabi. Through the initiative, support and assistance in completing procedures, such as obtaining a death ...

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UAE’s Adnoc Logistics & Services adds 20 offshore assets in 2024

ABU DHABI/WAM Adnoc Logistics & Services Plc (Adnoc L&S) announced on Thursday that its integrated logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 jack-up barge (JUB) deployments. As part of the segment’s expansion strategy, Adnoc L&S acquired and deployed nine offshore support vessels (OSVs), including a passenger ferry, crew boats, ...

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TII launches Falcon 3 model to enhance AI access

ABU DHABI/AD MEDIA OFFICE The Technology Innovation Institute (TII), part of Abu Dhabi’s Advanced Technology Research Council (ATRC), has launched Falcon 3, the latest iteration of its open-source large language model (LLM) series, democratising access to advanced AI technologies by enabling the model to operate efficiently on light infrastructures, including laptops. The release aims to set new performance standards for ...

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