
ADIB Capital Launches ADIB Islamic Trade Opportunities Fund, Targeting Low Duration Diversified Trade Opportunities in Developed Markets
With institutional infrastructure, strong governance, and a Sharia-compliant framework as approved by the Fund's Sharia Supervisory Board, the Fund is positioned to present an attractive option for investors seeking stable returns.
© 2000 - 2025 Al Bawaba (www.albawaba.com)
Signal PressWire is the world's largest independent Middle East PR distribution service.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Bawaba
2 days ago
- Al Bawaba
LG Presents New Space- and Energy-efficient Refrigerator Lineup at Ifa 2025
LG Electronics (LG) is unveiling its latest refrigerator lineup for the European market at IFA 2025. Designed to deliver top-tier energy efficiency, the new french door and bottom-freezer models have been developed specifically for Europe's unique housing environments and consumer lifestyles, reflecting LG's extensive research into local needs and preferences. The lineup combines energy-saving performance, smart features and space-efficient styling that integrates seamlessly into modern Energy EfficiencyResponding to increased demand for energy-efficient appliances across Europe, LG is introducing models that meet – and significantly surpass – the European Union's highest ('A') energy rating. The new bottom-freezer model exceeds the requirement for the A rating, while the French door model has impressively earned an A rating, despite being in a category where such ratings are rare. LG's exceptional energy efficiency was made possible by its optimized insulation design tailored for the European market, as well as AI-based features that help reduce electricity consumption by learning household usage patterns and optimizing compressor operation during periods of low & Max: Perfect Fit and Maximum PerformanceDesigned for Europe's typically compact kitchens the new lineup features LG's Zero Clearance Hinge, enabling doors to open fully (up to 110 degrees) even when placed flush against a wall. Sleek exteriors with LG's Premium Flat Door design create a refined, built-in features elevate convenience and efficiency to make every day easier and power bills more manageable. AI Fresh monitors your door-opening habits over three weeks and lowers the temperature in advance during peak times. This helps reduce sudden temperature changes when the door is opened, keeping food fresher for longer. AI Saving Mode analyzes use-behavior and intelligently adjusts cooling performance during low-usage periods, helping save LG's MAX concept – maximizing space efficiency and food freshness – the lineup features a variety of storage solutions that enhance interior usability, including the Retractable Shelf for tall or bulky items, and generous interior capacity. Freshness technologies include Linear Cooling™ to minimize temperature fluctuations, Door Cooling+™ for fast, even cooling, and Fresh Converter+™ with customizable storage zones for meat, fish and French Door Refrigerator Boasting Built-In Look, Practical FeaturesThe new french door model presents LG's first Thin Door design with both an ice and water dispenser, plus the installation flexibility of the Zero Clearance Hinge. The Ultra Slim In-Door Ice Maker saves storage space while delivering a steady supply of enhancements include an optimized basket design that reduces the risk of bottles tipping over when opening or closing. Deeper shelves improve internal storage capacity, aligning with the needs of European lifestyles. Soft Closing Doors prevent slamming, ensuring smoother and quieter Bottom-Freezer Designed for FlexibilityDesigned to fit real European kitchen environments, the new bottom-freezer series offers a variety of sizes and capacities. Adjustable shelving and flexible compartments maximize usable Adjustable Shelf offers seven height settings, while the combination of Adjustable and Retractable Shelves allows for tailored organization. Additional accessories, such as the Movable Bucket, My Box and Mini Door Basket, can be repositioned for convenient access or to free up space for other items. 'LG's new refrigerator lineup reflects a firm commitment to meaningful innovation, combining outstanding space and energy efficiency with designs that fit seamlessly into modern kitchens,' said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. 'We remain focused on developing user-centric technologies that enhance everyday convenience, simplify life at home, and have less impact on the planet.'


Al Bawaba
2 days ago
- Al Bawaba
A Romanian Company Develops a Solution to Reduce Extreme Urban Temperatures
In the face of increasingly frequent and intense heatwaves, Green Parking Solutions, a Romanian company, has developed a practical solution designed to help cities cope with rising urban temperatures. What started as an architectural concept has now evolved into a tangible project, currently in the process of is not merely a futuristic vision, but a modular and sustainable solution, purpose-built for urban environments and designed for immediate application—with a real, measurable impact on thermal comfort in parking: more than just a parking spaceAt the core of the project are the so-called 'green parking lots'—versatile structures that provide shade, lower ambient temperatures, and contribute meaningfully to reduce urban overheating. These areas incorporate climate-resilient vegetation, permeable surfaces, and rainwater collection parking units can be easily integrated into residential neighborhoods, public squares, or commercial areas. Beyond their functional purpose, they improve urban aesthetics, reduce pollution, and help manage rainwater, contributing to the reduction of local flooding risks. In addition, green areas can be a good support for urban biodiversity, for various species of native system is designed to function without requiring major changes to existing infrastructure, making it an ideal option for city administrations seeking fast, effective, and scalable concept to implementation'What sets this project apart is that it has moved beyond the design phase. We are no longer just planning—it's already being implemented,' Valentin Rusu, Founder of Green Parking Solutions, explains.'Our aim was to offer a concrete solution that could be tested and replicated quickly, moving beyond preliminary concepts. These structures are durable, easy to maintain, and most importantly, they deliver measurable outcomes—especially during periods of extreme summer heat,' he need action, not just strategiesUrban heat islands—areas where city temperatures are significantly higher than those of surrounding rural regions—are becoming an increasingly common challenge across Europe and beyond. Concrete, asphalt, and buildings absorb and retain more heat than vegetation or soil, and the lack of green spaces limits the natural cooling capacity of cities. As a result, residents face thermal discomfort, energy consumption for cooling increases, and air quality deteriorates—leading to potential health this context, integrating green parking infrastructure emerges as an immediate and effective to long-term strategies, there is a pressing need for practical, visible interventions—especially in pedestrian areas, parking lots, and public transport this initiative, the Romanian company proposes a climate-resilient infrastructure model that is easy to implement and has an immediate impact on urban of the future must not only be smart but also resilient to changing climate conditions. And this project demonstrates that innovation can start with the simplest of urban elements—even a parking space. Implementation is scheduled to begin in 2025. Municipalities, real estate developers, and public institutions are expected to be the main beneficiaries of the green parking system.


Al Bawaba
3 days ago
- Al Bawaba
Visa Cardholders Get First Shot at Applying for FIFA World Cup 26™ Tickets
It's official: the road to the FIFA World Cup 26™ starts with Visa. As the Official Payment Technology Partner of FIFA and a global leader in digital payments, Visa cardholders with a Visa Debit, Credit or reloadable Visa prepaid cards globally will receive exclusive early access to apply for tickets to the most anticipated sporting event in the world. The first-ever Visa Presale Draw was announced at the Visa Payments Vault in Washington, D.C., where government officials from Canada, Mexico and the United States gathered to celebrate trilateral collaboration and the unifying power of sport at the Visa FIFA World Cup 26™ Reception.'The FIFA World Cup 26™ is a moment of pride and possibility for our region. From Pakistan, where the official match ball is being crafted with world-class precision, to Jordan, celebrating its historic first qualification, the North Africa, Levant & Pakistan region is deeply woven into the fabric of this tournament. At Visa, we're not just connecting fans to football — we're empowering communities, entrepreneurs, and small businesses to thrive on the global stage. This is our time to shine,' commented Leila Serhan, Senior Vice President and Group Country Manager for North Africa, Levant and Pakistan at FansFrom September 10-19, fans with a Visa card, including Visa Credit, Visa Debit and reloadable Visa prepaid cards, can apply to enter the Visa Presale Draw – a randomized selection process that gives selected entrants the chance to purchase tickets before general ticket sales open. Interested cardholders will need a FIFA ID to participate in the Visa Presale Draw and are encouraged to visit today to create their ID, if they don't already have one. Those chosen to purchase tickets through the Visa Presale Draw will be notified by email starting no earlier than September 30 and given a dedicated time slot in October to purchase available tickets on a first come, first served basis. As the official payment method for FIFA ticketing, Visa will be the exclusive payment method accepted during the presale purchase window. Learn more about the Visa Presale Draw here.'Excitement for the FIFA World Cup 26 is building fast, and 10 September is a date every football fan should have marked in their calendar,' said FIFA Chief Business Officer Romy Gai. 'We're delighted to once again partner with Visa to give fans the very first opportunity to apply for a place at the greatest show on earth. A ticket to the FIFA World Cup™ isn't just a ticket—it's a gateway to the most inclusive and spectacular tournament in our history. Everyone will want to be part of this moment, so make sure you've created your FIFA ID and have your Visa card ready.'Uplifting Communities and Small BusinessesAs Visa cardholders from around the world apply to secure exclusive ticket access for the FIFA World Cup 2026TM, Visa also wants to help businesses get ready to make the most of the moment. By sharing trends and expertise, Visa will help empower local businesses, especially in host cities – from street vendors in Mexico City to boutiques in Kansas City, or a local bakery in Vancouver– so they can capitalize on World Cup tourism and turn tournament fanfare into lasting economic growth. More details on these programs will be shared as the match draw approaches.A Tournament Like No Other The FIFA World Cup 2026™ promises to be record-breaking: 48 teams, 104 matches over 39 days in 16 iconic host cities and will be the first ever tri-country hosted games across North America. With nearly 20 years of partnership with FIFA, Visa and FIFA continue to innovate and expand access for fans, business owners and communities alike.