Masdar and Total Energies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi

  • Focus of project is to decarbonize hard to abate, emission intensive sectors such as aviation and maritime industries
  • Agreement follows successful test flight by Masdar and TotalEnergies demonstrating potential for converting methanol to SAF
  • Project will capture and utilize CO2 from an industrial source as a feedstock for production of green methanol and SAF

Abu Dhabi, UAE – August 1, 2024: Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.

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Industry Stalwarts Join the Mentor Board of iAccel GBI

1st August 2024, Dubai, United Arab Emirates: iAccel Gulf Business Incubator (iAccel GBI), a leading go-to-market accelerator, proudly announces the formation of our Mentor Board. This board is currently comprising of Mr. Sivarama Subramanian, Mr. Bashar Kilani & Mr. Karl Tlais, who are industry leaders with over 25-30 years of robust experience in their respective domains, will guide iAccel GBI and its portfolio startups towards growth in the UAE and Middle East region.

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Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa

  • Achieved No. 1 in the Middle East & Africa in Q1 and is now No. 1 in H1 in addition to Europe 30 and South America
  • Product offensive continues with the Pro Master EV Delivery van in North America and the 1-ton pickup launch in South America with the New Fiat Titano
  • Full renewal of Pro One van lineup, including12 nameplates across all segmentsfrom Citroën, FIAT Professional, Opel, Peugeot and Vauxhall
  • Widerange of vans with second-generation electrification (batteryelectric and fuel cell electric vehicles) and pickupswithfullconnectivity; Lineup of large LCVs also includes the new MultiJet 4.0 engine and innovativeAT8 8-speedtransmission
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Upcoming Acer Swift Series Laptops to Feature Models with New AMD Ryzen AI 300 Series Processors

Dubai – UAE (August1, 2024)Acer announced that its Swift series of thin-and-light laptops will feature models with the new AMD Ryzen™ AI 300 Series laptop processors, beginning in Q3 2024. Stacked with more CPU and GPU cores made available in this class of AMD-powered PCs, and equipped with an ultra-efficient NPU, the AMD processors come ready to deliver revolutionary speed and performance on Acer’s new wave of AI PC offerings. The new models will receive a free update to Copilot+ PC experiences[[i]]when available.

“AI is continuing to reshape our customers’ expectations for PCs across gaming, content creation, professional and everyday use,” said Jerry Kao, COO, Acer Inc. “With AMD, we are delivering more AI-enabled experiences to our customers with unprecedented power and performance. In the coming months, we are excited to announce new systems powered by AMD Ryzen AI 300 Series processors.”

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Inaugural 24 Fintech to Host Senior Government Officials and Global Finance Sector Leaders

  • H.E Mohammed Al Jadaan, Chairman of Financial Sector Development Program (FSDP), confirmed as event speaker
  • 24 Fintech summit will feature 175 hours of expert-led content delivered by prominent speakers from leading Saudi and international financial institutions; including Financial Sector Development Program (FSDP), Saudi Central Bank (SAMA), Capital Market Authority (CMA), Insurance Authority (IA), and Fintech Saudi
  • Summit to address governance, risk and policy, cybersecurity, global interoperability, and innovation in payments

Riyadh, Kingdom of Saudi Arabia – 01 August 2024: As a new era of fintech advancement and adoption unfolds across Saudi Arabia, the inaugural edition of 24 Fintech – the country’s new financial services focused summit and exhibition – will offer a stage to senior government officials and global leaders in the finance sector to address critical topics impacting transformation of the Kingdom’s finance industry.

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