Latest news with #Belhoul
Al Etihad
4 days ago
- Business
- Al Etihad
Dubai Fitness Challenge to take place in November
2 June 2025 13:21 DUBAI (WAM)The organising committee of the Dubai Fitness Challenge (DFC) has announced that its ninth edition will take place from 1st to 30th November, coinciding with the 'Year of the Community'.The committee also unveiled a bold, refreshed brand identity, which celebrates its transformative impact on the city's health and wellbeing. The announcement was made at a special gathering held to thank the government entities, schools, corporate entities, partners, fitness establishments and local communities that have helped make the annual event a resounding Belhoul, Vice Chairman of the Dubai Sports Council and CEO of the Dubai Future Foundation, began the ceremony with gratitude for every individual, organisation, government partner and stakeholder who has helped shape the success of DFC, noting that more than 13 million people have taken part over eight in 2017 by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, the DFC embodies his vision to transform Dubai into one of the world's most active by this visionary leadership, the initiative's ongoing success supports the objectives of the Dubai Economic Agenda D33, reinforcing the city's position as a global leader in both business and on the impact of DFC, he said, 'With 2025 declared the Year of Community in the UAE, I am confident that this year's edition will once again unite friends, families, and organisations in the shared pursuit of a healthier, more active lifestyle.'Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment, said the Dubai Fitness Challenge has played a key role in encouraging healthier lifestyles and advancing the D33 Agenda's vision of making Dubai the best place to live, work, and visit. He added that the initiative's refreshed brand reflects its dynamic spirit and ongoing impact, as it continues to enhance well-being and strengthen Dubai's global the refreshed brand, the 2025 highlight calendar was revealed, featuring 30 days of free and inclusive fitness events, fitness villages, community hubs, classes, and year's Challenge will feature a brand new flagship event: Dubai Yoga, which will bring the 30-day Challenge to a close with a sunset yoga session on 30th events include the Dubai Ride, presented by DP World on November 2; Dubai Stand-Up Paddle on November 8-9; and Dubai Run, presented by Mai Dubai, on November 2024 edition saw a record-breaking 2,735,158 participants - a 14 percent increase from 2023. Data from 2024 highlights DFC's lasting impact: 18 percent of participants reported improved physical fitness, 15 percent noted enhanced psychological wellbeing, and 14 percent experienced greater self-esteem and reduced anxiety.
Hi Dubai
05-05-2025
- Business
- Hi Dubai
TECOM Group Records 21% Revenue Surge in Q1 2025 as Profit Climbs to AED361 Million
TECOM Group reported a robust start to 2025, with first-quarter revenues climbing 21 percent year-on-year to AED680 million and net profit rising 23 percent to AED361 million, driven by strong operational performance across its portfolio. The company's EBITDA grew by 23 percent to AED540 million, with the EBITDA margin improving to 79 percent. The growth reflects increased demand across its commercial, industrial, and land leasing segments, bolstered by a six percent rise in its customer base, which now exceeds 12,000. CEO Abdulla Belhoul credited the performance to the strength of TECOM's diverse asset base and its alignment with Dubai's push to grow its knowledge-based economy. 'We continue to attract global companies and world-class talent across six strategic sectors,' he said. The quarter also saw significant developments across TECOM's districts. Epson launched an Innovation Centre at Dubai Production City, and Fabtech Engineering at Dubai Industrial City signed a strategic agreement with Groupe M to boost innovation in nuclear and sustainable energy. Dubai Internet City, a key TECOM asset, was found to contribute 65 percent of the emirate's tech sector GDP, according to a study conducted with Accenture. Dubai Science Park welcomed biopharma leader MSD and hosted the region's first Longevity Science Semester Symposium. Dubai Design District cemented its global fashion status by showcasing the Autumn/Winter 2025–26 edition of Dubai Fashion Week. Meanwhile, the third edition of The Good Store initiative brought together over 137,000 professionals for charitable giving during Ramadan and Eid. Belhoul noted that TECOM's performance reinforces its role in shaping Dubai's future economy while delivering long-term value to shareholders. News Source: Emirates News Agency
Al Etihad
25-04-2025
- Business
- Al Etihad
Dubai Future Foundation, Google Cloud launch strategic initiative
25 Apr 2025 14:40 DUBAI (WAM)Dubai Future Foundation (DFF) and Google Cloud have announced a strategic upskilling initiative tailored for Chief AI Officers (CAIOs).The initiative aims to deepen the applied expertise of AI leaders and fast-track Dubai's AI ambitions in line with the Dubai Universal Blueprint for Artificial initiative builds on the achievements of the blueprint launched in April 2024 by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence of the UAE, and Chairman of the Board of Trustees of DFF. As part of this effort, Chief AI Officers have been appointed across Dubai government new programme will provide CAIOs with access to Google Cloud's suite of applied AI tools, training and strategic insights, empowering them to lead high-impact AI deployments, accelerate innovation, and deliver real-world value within their Belhoul, CEO of Dubai Future Foundation, said, 'Dubai is leading the way globally with the appointment of Chief AI Officers in government, an initiative overseen by the Dubai Centre for Artificial Intelligence (DCAI), launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in June 2023. Today, just one year on, we have CAIOs across government. At DFF, we're committed to forming global partnerships that support these leaders in staying ahead in one of the world's fastest-moving fields.'Ziad Jammal, General Manager for Google Cloud UAE, Levant and North Africa, said, 'This initiative couldn't come at a more important time. Investing in the capabilities of Dubai's Chief AI Officers is essential to future-proofing government and reinforcing the UAE's role as a global innovation hub. By equipping them with advanced knowledge in applied AI, we're accelerating adoption and laying the groundwork for transformative impact across sectors.' This strategic collaboration aims to position Dubai among the top 10 cities in the global Government AI Readiness Index, while ensuring that government leaders are equipped with the tools and insight needed to responsibly scale AI in service of society.
Trade Arabia
05-02-2025
- Business
- Trade Arabia
EGA joins Dubai Future Forum's network of sponsors
Emirates Global Aluminium (EGA), one of the world's largest aluminium producers, has signed an agreement with the Dubai Future Foundation (DFF) to become an official sponsor of the Dubai Future Forum, the world's largest gathering of futurists, held annually in Dubai. By joining the forum's network of sponsors, EGA reinforces its commitment to future-readiness, knowledge exchange, and global collaboration in shaping the future of industry and advanced manufacturing. The agreement was signed by Khalfan Belhoul, CEO of DFF, and Abdulnasser Ibrahim Saif Bin Kalban, CEO of EGA, in the presence of senior representatives from both organisations. Strengthening Future-Focused Industry Engagement As a sponsor, EGA will play a key role in the forum's discussions, contributing its expertise in industrial innovation, advanced manufacturing, and technological transformation. The company will participate in keynote sessions and panel discussions, where its executives will highlight EGA's strategic vision and leadership in industrial advancements. Belhoul said: "Enhancing future readiness requires strong strategic partnerships and the exchange of expertise to accelerate research, development, and innovation. The Dubai Future Forum is a global platform that brings together key stakeholders to explore new possibilities and drive meaningful progress." Belhoul added: 'Our collaboration with Emirates Global Aluminium will support knowledge sharing and the adoption of advanced technologies, contributing to the growth of future industries and reinforcing Dubai's role as a hub for innovation." Bin Kalban said: 'Our strategic partnership with the Dubai Future Foundation will drive collaboration and knowledge exchange to advance the future of the UAE's industrial sector through research, development, and innovation. At EGA, we have been developing our own proprietary aluminium smelting technologies in the UAE over 30 years to strengthen our global competitiveness.' Bin Kalban added: 'Four years ago, we set ourselves a bold goal to transform the aluminium industry by pioneering the adoption of Industry 4.0. Today, the World Economic Forum has recognised EGA as a Global Lighthouse for our leadership in the adoption of these technologies. Through this partnership, we look forward to accelerating digital transformation in the UAE's industrial sector and reinforcing the nation's position as a hub for developing future technologies.' - TradeArabia News Service
