Al Ansari Exchange donates AED 500,000 to ‘Salam Beirut’ Campaign
August 15, 2020 – In line with the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, member of the Supreme Council and Ruler of Sharjah, Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has announced its donation of half a million dirhams to support ‘Salam Beirut’, the campaign launched by her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, the wife of H.H. Sheikh Dr. Sultan, and Chairperson of the Big Heart Foundation (TBHF). This donation seeks to contribute to the campaign’s efforts to provide immediate aid and relief to the victims of the tragic explosion in the port of Beirut in Lebanon.
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Foundation Holdings to Invest US$42 Million in India’s Ed-tech Sector, Allocation is Biggest GCC-based Private Equity Education Investment in India
- Funding to facilitate Toppr Technologies Pvt Ltd in launching marquee-integrated digital platform for K12 schools
- Toppr to capitalize on Foundation Holdings’ extensive GCC educational network for strategic expansion, product customization
- Foundation Holdings intends to partner and bring Toppr to the GCC to help support UAE Education 2021 Vision
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Appreciating their efforts in making IACAD initiatives successful
IACAD honors two readers who participated in its initiatives
Dubai, United Arab Emirates, August 2020: under the directives of His Excellency Dr. Hamad Al Sheikh Ahmed Al Shaibani, Director General of the Islamic Affairs and Charitable Activities Department, Butti Abdullah Al Jumairi, Executive Director of the Institutional Support Sector, Acting Director of IACAD, honored two readers Sultan Abdullah Al-Marzouqi, and Muhammad Abdullah Al-Tanaiji.
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Swicorp announces the opening of the first cinema in Hafr Albatin City at Al Makan Mall
August 13, 2020 Dubai, UAE – Swicorp, the Fund Manager of Swicorp Wabel REIT (the “REIT”), has today announced the opening of a multi-screen cinema theatre at one of the REIT’s properties, Al Makan Mall, situated in the city of Hafr Albatin. AMC Cinemas, the largest cinema chain in the world and the company behind the world’s first multiplex, will be operating the cinema with eight screens and a total capacity of 850 seats.
The REIT is scheduled to open further movie theaters in its portfolio in three other cities with the one in Riyadh launching imminently, as well as, Dawadmi and Tabouk in due course.
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COVID-19 Impact Deepens in the Middle East
13 August 2020 (Amman) – The International Air Transport Association (IATA) released new data showing the impact on the Middle East aviation industry and on economies caused by the shutdown of air traffic due to the COVID-19 pandemic has deepened over recent weeks.
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