Author: Bebirera

As he closes the books on his breakthrough 2023 season, French teen Arthur Fils is wasting little time in preparing to push even higher in 2024. The 19-year-old, who finished runner-up to Hamad Medjedovic Saturday at the Next Gen ATP Finals presented by NEOM in Jeddah, will remain in the Middle East for a practice week with Rafael Nadal at the Rafa Nadal Academy in Kuwait. “I was very happy, very surprised when he asked me to practise with him,” Fils said in his post-match press conference. “It’s such a big thing for me to play with one of the greatest players of all time. I will try…

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South Korea’s Daewoong Pharmaceutical announced on Monday that it exported its technology for clinical development and commercialization rights of its DWJ108U Depot injection (Leuprolide) product in the US to a UAE-based Zydus Worldwide DMCC.The contract is worth $92.38 million, representing 9.55% of Daewoong’s 2022 sales. The development and commercialization milestone is $25.5 million, and the supply contract amount is $66.88 million.Under this contract, Daewoong Pharmaceutical will transfer the joint development, product approval, and commercialization rights of DWJ108U depot injection to Zydus for the US region.Zydus is scheduled to conduct US clinical trials of DWJ108U depot injection and will begin commercialization after receiving…

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For both outsiders and those on the ground, navigating the UAE’s digital asset landscape can be a disorienting experience, with multiple (often competing) centres of activity to contend with. In addition to the digital asset guidelines at the federal level from the Central Bank of the UAE and the Securities and Commodities Authority (SCA), there are the high-profile regulatory digital asset regimes of Dubai (the Virtual Assets Regulatory Authority; VARA) and Abu Dhabi (Abu Dhabi Global Market; ADGM), not to mention the activities in the space within the Dubai International Financial Centre (DIFC) and the Dubai Multi Commodities Centre. Those struggling to…

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DEWA has issued more than 200,000 International Renewable Energy Certificates (I-RECs) to DP World so far this year. These guarantee that the electricity consumed is generated from renewable sources, with each equivalent to 1 megawatt-hour of electricity. I-RECs from DEWA are generated by the Mohammed bin Rashid Al Maktoum Solar Park. These power DP World’s UAE operations which include Jebel Ali Port, Jebel Ali Free Zone (JAFZA) and Drydocks World. Today, these are all 100% powered by renewables. The switch this year puts DP World well ahead of the UAE’s country wide target to reduce carbon emissions by 42% by…

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A leading Gulf artificial intelligence company has said it is cutting ties with Chinese hardware suppliers in favour of US counterparts, in a sign of the growing geopolitical struggle over the new technology. G42 of the United Arab Emirates is making the move to ensure its access to US-made chips by allaying concerns among its American partners, which include Microsoft and OpenAI, chief executive Peng Xiao said. “For better or worse, as a commercial company, we are in a position where we have to make a choice,” Xiao told the Financial Times. “We cannot work with both sides. We can’t.”…

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Ooredoo Kuwait, the leading telecommunications company, has recently made a strategic investment in GitLab, an advanced Development, Security, and Operations platform aimed at revolutionizing the software development process. This move showcases Ooredoo’s dedication to modernizing its development practices and adopting a more agile approach to software delivery. GitLab stands out as the foremost AI-powered DevSecOps Platform, offering a comprehensive solution that encompasses source code management, automated continuous integration, continuous delivery, and various features promoting collaboration among development, security, and operations teams. This integrated environment ensures a seamless workflow from project planning to deployment, fostering open communication and faster feedback loops,…

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The forty-sixth edition of the International Book Fair is set to commence the day after tomorrow, Wednesday, unfolding its diverse activities across three halls at the Mushrif International Fairgrounds—specifically, Halls 5, 6, and 7. A press conference held at the “VIP” hall within the exhibition grounds, featuring Aisha Al-Mahmoud, Assistant Secretary-General for the Culture Sector at the National Council for Culture, Arts, and Literature, exhibition director Khalifa Al-Rabah, and Muhammad Al-Mughrabi, head of the Culture Corridor Committee, announced the cultural festivities. The exhibition, slated to run until December 2nd, is under the patronage of His Highness the Prime Minister, with…

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Popeyes’ international expansion continues, with new restaurants to be built in Kuwait and Bahrain. Tanmiah Food Company, through its subsidiary Tanmiah Restaurants for Fast Food Company has signed exclusive development agreements PLK Europe GmbH to build and operate Popeyes restaurants in the two new markets. According to a press release, these agreements will enable Tanmiah Restaurants for Fast Food Company to pursue its expansion plans for Popeyes across the region. Tanmiah, as of September, operates 36 Popeyes restaurants in Saudi Arabia, where Tanmiah is headquartered. According to the WATTPoultry.com Top Poultry Companies Database, Tanmiah Food Company, formerly Supreme Foods Group, is…

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KUWAIT CITY, Oct 25, (Agencies): The Kuwait Municipality has initiated its awareness campaign today, Wednesday, in preparation for the upcoming camping season, which commences on November 15th and continues until March 15th, 2024. The campaign, titled “Your Camp, Nature’s Trust – Preserve It,” aims to educate both citizens and residents about authorized camping sites officially approved by the Committee for the Study and Renovation of Campsite Locations. These locations are designated at 15 sites, distributed across 8 areas in the northern regions and 7 in the southern regions, with strict regulations against camping outside these areas. According to Mohammed Al-Mutairi,…

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Kuwait Foreign Petroleum Exploration Company (KUFPEC) has agreed to divest its oil and gas assets in Norway to Poland’s Orlen in a deal worth $454m (Kd139.95m), reported Reuters, citing Kuwaiti company CEO. Polish Government-backed oil and gas company Orlen operates as PGNiG Upstream in Norway. KUFPEC CEO Mohammad Salem Al-Haimer was cited by the news agency as saying that KUFPEC reported profits of around $700m throughout its duration in Norway since 2013. Al-Haimer added: “This investment is one of the company’s most successful operations, from acquisition to exit. “It’s a win-win deal for both parties. KUFPEC has achieved its exit strategy and…

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