Daily Archives: December 18, 2024

Featured

P&G UAE Harnesses Solar Power with Yellow Door Energy

December 16, 2024 – Dubai, UAE: Procter and Gamble (“P&G”), one of the world’s largest consumer goods companies with more than 80 globally beloved brands, has signed a solar lease with Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa.

Located at P&G’s UAE office within the Jebel Ali Freezone Authority (JAFZA) industrial park, the 500 kilowatt-peak (kWp) solar carport system features over 870 bifacial solar panels. The project will be constructed in four phases to align with P&G’s operational schedule.

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Technologies

Putin Highlights Russia’s Role as a Hub for Advanced Technologies, with Sber and National AI Alliance Leading the Way at AI Journey Conference

  • Dr. Aisha Bin Bishr, former Director General of the Smart Dubai Office (UAE), gave examples AI traffic lights now save every driver in Dubai 20 minutes a day, and traffic jams have been reduced by 15%. In general, the UAE is paying a lot of attention to the development of artificial intelligence: in 2017, the country became the first in the world to introduce the position of Minister of AI.

December 18, 2024, Dubai: AI Journey, an international conference on artificial intelligence and machine learning, has hosted the main panel discussion, AI for Humans: Helping People. Uniting Countries, featuring Russian President Vladimir Putin and moderated by Sberbank CEO and Chairman of the Executive Board Herman Gref.

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Business & Investments

GMG Caps Transformative 2024 with Strategic Expansion, Digital Innovation, and Sustainability Milestones

UAE-based global wellness conglomerate demonstrates strong performance across business verticals while advancing sustainability and inclusion agenda

Dubai, UAE, December 16, 2024 – GMG, a global well-being and retail conglomerate, today announced its key business achievements for 2024, highlighted by the expansion of its 12-year partnership with VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories. Building on GMG’s current operations of 90 VF mono-brand stores in MENA and Southeast Asia, the enhanced partnership will add more than 300 new stores across these regions over the next five years, alongside developing E-commerce operations for selected VF brands.

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Business & Investments

Gensler Middle East Announces New Appointment to Accelerate Growth in Retail & Mixed-Use Sectors

Dubai, UAE – 18 December 2024 – Gensler Middle East is pleased to announce the appointment of Gensler Principal, Todd Pilgreen as the Asia Pacific and Middle East (APME) Regional Practice Area Leader for the Mixed Use & Retail Centers and Retail & Consumer Experience Practice Areas.

Pilgreen brings extensive experience and expertise to this role, having recently relocated from Shanghai, where he co-managed Gensler’s 250-person office for six years. He is now based in the firm’s Dubai office, overseeing projects across the APME region. 

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