Author: UAE Gazette
MUSCAT, Oman, July 15, 2026 /PRNewswire/ — Future Fund Oman (FFO), a portfolio of Oman Investment Authority (OIA), the Sultanate of Oman’s sovereign wealth fund, has announced a new package of 105 strategic projects and investments worth USD 1.744 billion, as the Sultanate of Oman accelerates its economic diversification. The portfolio combines USD 585 million in commitments from FFO with around USD 458 million in local investment, spanning renewable energy, advanced manufacturing, tourism, healthcare, medical technologies, innovation and food industries.”This portfolio directs capital toward nationally prioritized sectors and strengthens Oman’s appeal to global investors,” said His Excellency Mulham Al Jarf,…
Volkswagen may reduce up to 100,000 jobs worldwide as it reviews 50,000 additional cuts beyond existing German workforce agreements. The post Volkswagen weighs 100,000 job cuts worldwide appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..
Early deployments across global fashion brands have demonstrated up to 60% improvements in design productivity Newszy: Dubai, United Arab Emirates: Fynd, an AI-native retail technology company backed by Reliance Retail Ventures Limited, today launched Fynd Create in the GCC, a unified platform that combines AI-powered trend intelligence, sourcing, production, cataloguing and logistics within a single ecosystem. Designed for an industry increasingly driven by real-time demand, Fynd Create helps fashion brands accelerate the journey from concept to market by connecting every stage of product creation and fulfillment on one platform. The launch comes at a pivotal moment for the GCC fashion and apparel market,…
EU air passenger rights now cover clearer compensation, faster claims, rerouting, baggage rules and free family seating across the bloc. The post EU approves stronger air passenger rights across Europe appeared first on Arabian Observer: Observe more. Understand Arabia..
Congo has recorded 2,011 Ebola cases and 754 deaths while contact tracing misses most new infections and the outbreak reaches five provinces. The post Unknown transmission chains drive most new Congo Ebola cases appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..
The UK has advanced a pay-per-mile tax for electric vehicles, with draft rules setting a 2028 launch and charges of 3p per mile for EV drivers. The post UK advances pay-per-mile tax for electric vehicles appeared first on Arabian Observer: Observe more. Understand Arabia..
Virus-only testing may miss pneumonia-associated bacterial co-detections in 78% of virus-positive cases, while bacteria-only testing may miss viral co-detections in 88% of cases positive for pneumonia-associated bacterial pathogensGlobal Million Clinical Study (GMCS) to build clinical evidence supporting comprehensive syndromic PCR testing as a new global testing standardSEOUL, South Korea, July 15, 2026 /PRNewswire/ — Seegene Inc., a global molecular diagnostics company, announced the launch of the Global Million Clinical Study (GMCS), a large-scale initiative aimed at establishing clinical evidence for a transition from conventional virus-centered testing toward comprehensive syndromic PCR testing that simultaneously detects both viral and pneumonia-associated bacterial pathogens.…
Company Strengthens Technical Expertise and Service Infrastructure Across Key Markets Through Growing Network of Dedicated HVAC AcademiesNews SummaryLG Electronics is expanding its HVAC Academy network to reinforce its installation and service capabilities in line with its Global South strategy.The LG MEA Hub Academy is one of the largest HVAC training and testing facilities in the MEA region, providing technical training, certification programs and immersive customer experience zones.Through industry partnerships and collaboration with UAE universities, the academy is helping develop future HVAC talent while strengthening technical expertise across the region.DUBAI, UAE, July 15, 2026 /PRNewswire/ — LG Electronics (LG) is expanding…
Huawei FusionSolar’s new Smart String Grid-Forming ESS Platform, LUTERRA, is born from technology breakthroughs designed to drive customer success.MUNICH, July 15, 2026 /PRNewswire/ — Huawei launched LUTERRA at Intersolar Europe in Germany last month. In this article, Steve Zheng, President of Smart ESS Business, Huawei Digital Power explains how Huawei has achieved industry-leading efficiency in an easy-to-install battery storage solution that delivers plant level grid-forming (GFM) applications. Huawei’s grid-forming technology has already been proven in field operation, including the world’s largest 100% renewable energy microgrid, at The Red Sea resort destination in Saudi Arabia. The Red Sea project has been…
Raz, one of the pioneers of Israel’s Homeland Security (HLS) industry and a leading figure in defense investment and business development, will lead Iron Brain, a defense-tech company developing advanced artificial intelligence systems for intelligence, defense and homeland security applicationsTEL AVIV, Israel, July 15, 2026 /PRNewswire/ — Following several multimillion-dollar exits, Meron Raz (51), one of Israel’s most prominent and experienced defense-tech executives, has been appointed Chairman of the Board of Iron Brain, one of Israel’s most promising defense-tech startups, following his nomination by Cortica, a shareholder in the company. Raz brings decades of experience in leading technology companies, investments,…