Author: Arabian Media staff
Agility Public Warehousing Company has confirmed that its wholly owned subsidiary, Menzies Aviation, has completed the acquisition of 100 per cent of US-based G2 Secure Staff for an enterprise value of $305m, with an additional $10m deferred consideration payable in 2026, contingent on performance milestones. The deal significantly reinforces Menzies’ position as the world’s largest aviation services provider, now operating across 350 airports in 65 countries. As part of the integration, G2’s operations will be rebranded under the Menzies Aviation name, with a transition plan already underway to ensure continuity for employees, customers, and partners. Financially, the acquisition is expected…
Image: Botim O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with botim, Astra Tech’s flagship AI-powered fintech and communication platform, to integrate gold investment services into the botim ecosystem. The partnership, backed by an agreement signed in 2023, makes botim the first fintech in the UAE to officially offer gold investment solutions, reinforcing its position in the region’s expanding digital finance sector. Users can now buy, sell, and manage digital gold starting from 0.1 grams directly within the botim app. Feature on Botim includes O Gold programme The feature also includes O Gold’s…
Image credit: Saudi Press Agency The Riyadh Metro, managed by the Royal Commission for Riyadh City (RCRC), has crossed a major milestone, welcoming its 100 millionth passenger less than nine months after its official launch in December 2024. The Blue Line, running along the Olaya-Batha axis, has emerged as the most heavily used corridor, carrying 46.5 million passengers to date. It is followed by the Red Line on King Abdullah Road with 17 million riders, and the Orange Line on Al Madinah Al Munawwarah Road, which recorded 12 million passengers. The metro’s remaining three lines have collectively transported 24.5 million…
Image: Supplied Parkin Company, Dubai’s largest provider of paid public parking facilities and services, has announced it has been awarded three ISO certifications, marking a significant milestone in its first year as a publicly listed company. The certifications demonstrate compliance with internationally recognised standards in service quality, environmental management, and health and safety. The achievement reflects Parkin’s commitment to embedding Environmental, Social and Governance (ESG) principles across its operations. Guided by a comprehensive ESG strategy, the company has implemented internationally recognised management systems that reinforce its dedication to excellence, accountability, and responsible growth. On 19 August 2025, Parkin achieved certification…
Image credit: AppleTrack/X account Apple has officially announced the date of its annual fall event, sending out invites for a September 9 keynote at the Steve Jobs Theater in its Cupertino headquarters. The tech giant is expected to unveil a host of new products, including a radically redesigned iPhone lineup, upgraded Apple Watches, refreshed iPads, and AI-powered features, all amid rising competition in the artificial intelligence space. According to multiple media reports, the centerpiece of this year’s event will be the unveiling of the iPhone 17 Air, which is expected to be the thinnest iPhone Apple has ever made, potentially…
Image: ADNOC ADNOC has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd (IndianOil) for the supply of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG), sourced primarily from ADNOC’s lower-carbon Ruwais LNG project. The long-term SPA, which converts a previous heads of agreement into a definitive agreement, strengthens ADNOC’s energy ties with India and reinforces its role as a reliable global LNG supplier. Under the terms of the agreement, LNG cargoes can be delivered to any port across India. ADNOC’s long-term agreement with IndianOil By 2029, IndianOil is set to become ADNOC’s…
Sylvie Demirdjian/Image: Supplied Roche Diagnostics Middle East has appointed Sylvie Demirdjian as Gulf & Channel Partner Network Lead, effective August 1, strengthening the company’s leadership in a region that is rapidly expanding its healthcare infrastructure and diagnostic capabilities. The new role spans eight cluster markets — Bahrain, Iraq, Maldives, Oman, Qatar, Palestine, Syria, and Yemen — each with diverse healthcare needs but united by a shared demand for more accessible, innovative diagnostics. For Demirdjian, who has been with Roche since 2004, the appointment represents both a personal milestone and a strategic investment by the company in local leadership. “I feel…
Image: Getty Images Urban mobility in the UAE is undergoing a major transformation, driven by policy shifts, infrastructure investment, and sustainability goals. From new toll charges to expanding metro networks and the development of car-free districts, the country is rethinking how people move within its rapidly growing cities. These initiatives aim to cut congestion, reduce emissions, and align with national strategies to create smarter, more livable environments. 1. Toll reform: Pricing as a tool for mobility management Dubai and Abu Dhabi are increasingly relying on dynamic toll schemes to influence commuter behavior. Dubai’s dynamic Salik system Variable pricing, introduced in…
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