Author: Arabian Media staff
Image: Aramco Saudi Arabia’s Public Investment Fund (PIF) and energy giant Aramco have reached a landmark agreement, outlining plans for Aramco to acquire a minority stake in HUMAIN, the PIF-backed artificial intelligence (AI) company. The agreement, announced today, marks a strategic move to accelerate the growth of HUMAIN and position Saudi Arabia at the forefront of global AI innovation. Under the non-binding term sheet, both PIF and Aramco will contribute their AI assets, expertise, and talent to HUMAIN, creating a powerhouse for AI research and development. While Aramco will take a minority stake, PIF will maintain majority ownership, ensuring continued…
Image credit: Dubai Media Office/Website The ninth edition of the Dubai Fitness Challenge (DFC), an initiative of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, is set to launch on November 1, 2025, renewing Dubai’s quest to be recognized as one of the world’s most active cities. Exuding a universally appealing vibe with its ‘Find Your Challenge’ theme, DFC 2025 invites residents and visitors alike to commit to 30 minutes of daily physical activity for 30 days, transforming…
Image: Supplied As Amazon’s VP for the Middle East, Africa, and Turkey (MEAT), Ronaldo Mouchawar oversees one of the e-commerce giant’s most diverse and fast-evolving territories. Tasked with driving growth across markets ranging from the Gulf’s advanced infrastructure to Africa’s emerging digital economies, he has centered his leadership on Amazon’s core tenets: customer obsession and innovation at scale. In this interview with Gulf Business editor, Neesha Salian, he discusses how this philosophy has made the region a global launchpad for services such as Amazon Now, details the unique localisation challenges, from navigating non-traditional addresses to managing cash payments, and explains…
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Image credit: Getty Images Artificial intelligence (AI) is revolutionising the beauty industry, reshaping how consumers discover, test, and purchase products while helping brands unlock unprecedented efficiency and personalisation. Once reliant on in-store consultants and static advertising, beauty has become a data-driven, interactive experience, one that blends science, creativity, and technology. Two companies stand at the forefront of this transformation: Perfect Corp., a global AI and augmented reality (AR) pioneer powering beauty personalisation worldwide, and Chalhoub Group, the Middle East’s leading luxury retailer, whose FACES brand has recently launched the region’s first generative AI beauty coach, Layla AI. Together, they exemplify…
Image: Supplied Anilkumar Bolla, a 29-year-old Indian national and long-time resident of Abu Dhabi, became the first-ever winner of the Dhs100,000,000 grand prize in The UAE Lottery, officials announced. Bolla struck gold in The UAE Lottery’s 23rd Lucky Day Draw #251018, held on Saturday, October 18. At the time of the draw, he was at home when he received the call from The UAE Lottery. Bolla said he was “completely shocked and overjoyed,” adding he first shared the news with a colleague before calling his brother in India. “This win is beyond my wildest dreams,” Bolla said. “When I received…
Image credit: Oman News Agency The Ministry of Labor in Oman has issued Ministerial Decision No. 602/2025, introducing a comprehensive new regulatory framework for work licenses and practice permits. The decision brings substantial incentives, fee reductions, and exemptions for employers, marking a major regulatory shift in the Sultanate’s labor market. According to the Oman News Agency, the move is part of the Ministry’s ongoing effort to enhance the work environment, simplify administrative procedures, and align license validity with worker residency periods, reflecting a strategic focus on streamlining labor governance in Oman. Read more-New rule for businesses in Oman: Here’s what…
