Author: Sam Allcock

NIKE, Inc. announced today the nomination of Jørgen Vig Knudstorp, former CEO of the LEGO Group, for election to its Board of Directors at the company’s upcoming 2025 annual shareholders’ meeting on September 9, 2025. Knudstorp, known for his transformative leadership at LEGO, served as the toy giant’s President and CEO from 2004 to 2016, then as Executive Chair of LEGO Brand Group until 2023, and currently holds the role of Deputy Chair of the LEGO Foundation. He originally joined LEGO in 2001, holding various strategic and leadership roles before taking the helm during a pivotal turnaround phase. “Jørgen’s strong…

At a high-octane launch event in Dubai, Nissan set the stage for a new era of performance with the world premiere of the most powerful-ever Patrol NISMO, alongside the regional debut of the exhilarating Nissan Z NISMO. The event brought together over 250 guests, including customers, motorsport enthusiasts, and media, to celebrate Nissan’s legendary racing DNA and deep connection with Middle Eastern drivers. The dual unveiling marked a pivotal moment for the brand’s NISMO (Nissan Motorsports International) line-up, reinforcing its commitment to creating emotionally charged, high-performance vehicles tailored for the region’s driving culture. Unveiled with dramatic flair, the Patrol NISMO…

JAGGAER, a global leader in autonomous commerce, has announced the launch of JAI—an advanced AI-powered procurement orchestrator that reimagines the relationship between procurement professionals and enterprise technology. Described as a human-guided intelligent partner rather than a traditional assistant, JAI is poised to transform enterprise procurement into a dynamic, outcome-driven experience. Built as the next evolution of JAGGAER Assist and embedded within the JAGGAER One platform, JAI (pronounced “Jay”) leverages the latest advancements in large language models (LLMs) to offer a powerful suite of capabilities, including natural language Q&A, PO invoice anomaly detection, and generative AI for summarization and drafting. With…

Dubai Investments, a leading company listed on the Dubai Financial Market, has officially launched construction on Asayel Avenue, a new AED 400 million residential cluster within its flagship Mirdif Hills development. The project is being developed through Dubai Investment Real Estate (DIR), the Group’s real estate subsidiary. The ground-breaking ceremony, held in Mirdif, was attended by senior officials from Dubai Investments and DIR, along with representatives from the project’s consultants and contractors. The move marks a significant new chapter for the Mirdif Hills community, already known for its integrated and family-friendly design. “Asayel Avenue reflects our commitment to sustainable, high-quality…

Union Coop has reaffirmed its operational readiness and strategic preparedness to maintain the uninterrupted availability of essential consumer goods amid ongoing regional tensions. The UAE-based retail cooperative said its supply chains continue to operate with high efficiency and adaptability, ensuring that consumers face no disruption in accessing basic commodities. In a statement, Union Coop emphasized that it holds a sufficient strategic stock of essential goods, especially those produced locally. The organization highlighted its prioritization of national products as a vital component of its strategy to mitigate any potential supply chain disruptions. Mohamed Al Hashemi, CEO of Union Coop, stated, “Our…

Dubai’s Global Village has officially opened applications for retail shops and guest services for its upcoming Season 30, inviting business owners and entrepreneurs to be part of what it promises will be its “most spectacular season to date.” The announcement follows the success of Season 29, which saw a record-breaking 10.5 million visitors from around the world. Known for its multicultural entertainment, food, and shopping experiences, Global Village continues to be one of Dubai’s most visited attractions, drawing guests of all ages and nationalities. The invitation extends to those looking to either launch or expand their businesses in the retail…

Egyptian cinema fans are abuzz with anticipation as acclaimed actor Karim Abdel Aziz is officially set to reprise his role in the third installment of the hugely successful Blue Elephant film series. The announcement, amplified by a public endorsement from Saudi entertainment chief Turki Al-Sheikh, marks a significant step toward the continuation of one of the Arab world’s most iconic psychological thrillers. A photo shared on Al-Sheikh’s official Facebook page showing him with the film’s crew sparked widespread excitement across social media platforms. Alongside the image, Al-Sheikh commented, “The Blue Elephant will be fire,” confirming that production on the third…

Trosmic Sports has announced plans for a $1bn indoor arena in the GCC that could reshape the region’s entertainment industry. Trosmic Sports has unveiled conceptual plans for Flux Halo, a $1 billion indoor megastadium that aims to set a new benchmark for live entertainment and sporting experiences in the Gulf Cooperation Council (GCC) region. The announcement, made on Tuesday, outlines a vision for a multi-purpose venue that will seat up to 20,000 spectators and host a wide variety of events, from football and basketball games to concerts, esports tournaments, and conventions. While the precise location of the stadium is yet…

Gradiant, a global water and resource recovery company, has announced that its lithium subsidiary, alkaLi, will launch the world’s first fully integrated lithium production facility using oilfield-produced water. Located in the Marcellus Shale Formation of Pennsylvania, the site will Extract, Concentrate, and Convert (EC²) lithium in a single, end-to-end process—marking a major advancement in sustainable mineral production. Set to be fully operational by early 2026, the facility is already achieving promising results during testing, including 97% lithium recovery and 99.5% battery-grade lithium carbonate purity. AlkaLi owns the entire operation—including land, equipment, water rights, and permits—enabling a vertically integrated model that…

Amazfit, the global wearable brand by Zepp Health, has launched two new devices that blend style, health, and performance—the Balance 2 smartwatch and the Helio Strap, a screen-free tracker designed to support recovery and wellbeing. Together, they deliver a seamless, subscription-free health ecosystem that caters to both athletes and everyday wellness seekers. With intelligent design and effortless syncing via the Zepp App, these two devices aim to support balanced living—tracking sleep, stress, recovery, and movement in one unified platform. Available globally starting today, the Balance 2 retails at $299.99 USD, the Helio Strap at $99.99 USD, and a special bundle…