Daily Archives: May 23, 2024

Business & Investments

Al Ghurair Motors signs dealership agreement with European manufacturer TAM-Europe for electric commercial vehicles

Al Ghurair Motors signs dealership agreement with European manufacturer TAM-Europe for electric commercial vehicles

  • The partnership signifies Al Ghurair Motors’ commitment to supporting the UAE’s ambitious target of achieving net-zero emissions by 2050.
  • By introducing TAM-Europe’s electric vehicles, the agreement paves the way for a greener transportation sector within the UAE.

Abu Dhabi; 23 May 2024: Al Ghurair Motors, the automotive arm of Al Ghurair, one of the leading diversified UAE family businesses, has announced a strategic partnership with TAM-Europe, a renowned commercial vehicle manufacturer based in Maribor, Slovenia. Under the agreement, Al Ghurair Motors becomes the exclusive dealer for TAM-Europe all electric vehicles across the UAE.

The announcement was made at the Electric Vehicle Innovation Summit in Abu Dhabi National Exhibition Centre (ADNEC), a platform showcasing cutting-edge electric vehicle technologies from around the world. The signing ceremony for this milestone Memorandum of Understanding (MoU) was attended by John Iossifidis, GCEO at Al Ghurair, and Yusef Ma, CEO at TAM-Europe, along with other senior representatives from both companies. A highlight of the event was the electric delivery van Model T600 displayed at the booth, which drew high interest from various leading logistics companies from around the world.

The integration of electric vehicles in urban mobility systems plays an important role in achieving the UAE’s net zero goal by 2050[1]. A significant contributor to global greenhouse gas emissions, the electrification of the transport sector is critical to reducing overall carbon intensity.

Commenting on the announcement, John Iossifidis, GCEO, Al Ghurair said: “At Al Ghurair we take pride in contributing to cities of the future across the industries we operate in. In the automotive sector, we actively seek innovative solutions and technologies that disrupt the status quo and create lasting value for our customers. This partnership exemplifies our commitment to supporting the UAE’s long-term vision for safe, smart, and sustainable urban mobility solutions. We look forward to collaborating closely with TAM-Europe to turn this vision into reality.”

Yusef Ma, CEO, TAM-Europe, adds: “TAM-Europe is a leader in sustainable transportation solutions. Our eco-friendly vehicles are specifically designed to endure the UAE’s demanding climate, ensuring optimal performance without compromise. This partnership allows us to contribute directly to the UAE’s ambitious sustainability goals. We’re excited to join forces with Al Ghurair Motors and be a part of the nation’s journey towards a cleaner, greener future.”

As a leading manufacturer of high-quality buses and coaches, TAM-Europe serves three key market segments including airport buses, public transport, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs). The company’s VivAir airport buses segment boasts of a 40% market share globally, excluding China[2].

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Business & Investments

SSUP wins Tim Hortons to be their official Creative Partner across key GCC Markets

SSUP wins Tim Hortons to be their official Creative Partner across key GCC Markets

UAE, Dubai, 23rd of May 2024: Tim Hortons Middle East, the iconic Canadian coffee chain, continues to embark on an exciting journey of brand revitalization and creative excellence by appointing SSUP (Sunny Side Up) as one of its marketing partners.

With a strategic focus on elevating brand visibility and engagement across the region, Tim Hortons Middle East aims with the support of SSUP to redefine its social narrative and strengthen its market presence in the UAE, Qatar and Oman. The company is targeting 500 stores across the Middle East by 2025, building upon its current presence of more than 300 stores across the region.

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Education

Pearson promotes corporate English upskilling at HRSE KSA

Pearson promotes corporate English upskilling at HRSE KSA, enhancing Saudi’s Vision 2030 workforce development

Dubai, UAE, 23 May 2024: Pearson, (FTSE: PSON.L), the world’s leading learning company, will demonstrate its Language Solutions for Work at the HRSE KSA (HR Summit & Expo) in Riyadh on May 27 & 28, 2024. Designed to address a significant skills gap in English proficiency in the region, these innovative solutions can aid businesses aiming to recruit, retain and develop top talent, aligning with Saudi Arabia’s Vision 2030 to diversify and strengthen its economy.  

Ali Elsabban, Head of Corporate, MENAT at Pearson, and a presenter at the Summit, emphasized the strategic value of language learning and its alignment with Saudi Arabia’s Vision 2030. “Our commitment to leading in language solutions that support corporate upskilling is more crucial than ever. The latest findings from Pearson research shows that 98% respondents from Saudi Arabia view English proficiency as essential for securing advanced roles, and those more proficient are often in leadership positions. By investing in language skills, we are not only enhancing recruitment and communication but also fostering a capable, inclusive workforce prepared to tackle tomorrow’s business challenges and contribute to organizational success.”

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Business & Investments

CACE and GEP Forge Comprehensive Strategic Alliance to Catalyze Global Climate Action

ITMOs pipeline established:
CACE and GEP Forge Comprehensive Strategic Alliance to Catalyze Global Climate Action

DOHA, Qatar – 23 May 2024 – In a significant move for global climate action, the Climate Action Center of Excellence (CACE) and the Green Economy Partnership (GEP) have formalized a comprehensive strategic partnership. This initiative, backed by the Gulf Organisation for Research and Development (GORD) in its capacity as the parent entity of CACE, heralds a new era of integrated efforts across policy frameworks, technological platforms, and investment in climate-resilient projects.

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Health Care

Thumbay Group Spearheads AI Adoption and Transformation of Healthcare and Medical Education

Thumbay Group Spearheads AI Adoption and Transformation of Healthcare and Medical Education

May 23, 2024: Responding to the technological advancements in Artificial Intelligence, Thumbay Group has established a dedicated division focused on AI transformation- showcasing proactive commitment to leveraging artificial intelligence for the transformation of medical education training and enhancement of clinical healthcare service delivery. With an eye toward the future, Thumbay Group’s initiative signals a major leap forward in adopting cutting-edge technology to shape the future of healthcare.

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