Nobu Expands its Footprint in Saudi Arabia

Nobu Hotel, Restaurant & Residences Al Khobar

NEW YORK, Oct. 27, 2021 /PRNewswire/ — Nobu, the global lifestyle brand founded by Nobu Matsuhisa, Robert De Niro and Meir Teper, today revealed plans to launch a Nobu Hotel, Nobu Restaurant and Nobu Residences in the Eastern Province city of Al Khobar, Saudi Arabia by 2024.

The future mixed-use development will be developed by Al Khobar Sands Realestate Co. Ltd, jointly owned by Retal Urban Development Company, a subsidiary of the Al Fozan Group and Assayel Arabia, a subsidiary of Ali Zaid Al Quraishi and Brothers Company (AZAQ). Both Al Fozan Group and AZAQ have a solid footprint across Saudi Arabia in a multitude of industries with commitment to social welfare projects and are contributing greatly towards the Saudi Vision 2030, a transformative economic and social reform blueprint that is opening Saudi Arabia up to the world.

Nobu Hotel, Restaurant and Residences Al Khobar will be located in the waterfront area of the city, facing the Arabian Gulf. The luxury complex will offer 120 thoughtfully designed guest rooms and suites, a Nobu Restaurant on the lobby level, swimming pools, a wellness centre, and meeting and event space.

The Nobu Al Khobar Residences will offer a fully integrated and highly personalized experience combining Nobu nuances with local aesthetics to create a truly unique lifestyle, offering concierge services, in-residence Nobu dining, and priority access to Nobu events.

Yousef Al Quraishi, Chief Executive Officer AZAQ and Vice Chairman Al Khobar Sands Realestate Co. Ltd: “We are elated on our exciting partnership with Nobu, leading the vision in bringing the best of Hotels, Residences and Restaurants to Al Khobar. With this attracting people, international development and interest to the Kingdom of Saudi Arabia as well as growing our economy and improving community lifestyle in line with the Saudi Vision 2030. We are optimistic the Nobu brand will stand strong as the place to be.”

Eng. Abdullah Bin Faisal Al-Braikan, CEO of Retal Urban Development Company:  “We are proud to partner with key international players like Nobu to contribute to Saudi Arabia’s thriving real estate scene. Partnering with leading industry names enables us to live up to our promise of offering a premium portfolio of diversified real estate assets that meet the aspirations of the next generation of Saudis. We are pleased to see international investors increasingly realising the exceptional growth opportunities that Vision 2030 continue to create in the local market.”

Ahmed Al Faddagh, Managing Director Assayel Arabia: “We strive towards leading vision through value and are grateful to be part of this collaboration in bringing Nobu to Al Khobar providing the highest standards in living, hospitality and fine dining for the community while contributing to the continued development of the local economy.”

H.R.H. Princess Dr Nouf bint Mohammed bin Fahad Aal Saud: “The Nobu Hotel, Restaurant and Residences Al Khobar project aligns perfectly with our development plan that Saudi Nobu is enacting for Saudi Arabia in alignment with the Saudi Vision 2030.  Nobu is renowned throughout Saudi Arabia, and we are planning further developments within the region.”

Trevor Horwell, Chief Executive Nobu Hospitality: “We are delighted to be partnering with Retal Urban Development Company and Assayel Arabia to deliver an exciting vision with the creation of a truly unique and transformative mixed-use destination in Saudi Arabia.  As part of this, the Nobu Residences Al Khobar will deliver to the community the opportunity to live the Nobu lifestyle.”

Video – https://www.youtube.com/watch?v=Cx_wOA7JGu0

2021 Jewellery World Awards names Honourees

HONG KONG SAR – Media OutReach – 27 October 2021 – Organised by Informa Markets Jewellery since 2012, the Jewellery World Awards (JWA), formerly known as JNA Awards, unveiled its highly anticipated roster of Honourees for its 2021 edition. Following this announcement, the 2021 JWA also staged its three-part webinar series under “Leading Through Changes and Uncertainty,” sponsored by Phu Nhuan Jewelry Joint Stock Company (PNJ).Media-Untitled-1 copy

The esteemed panel of independent judges spent the last few weeks reviewing and assessing entries from 10 countries and regions, across five continents. In the end, 33 entries were shortlisted as Honourees from a highly-qualified pool of entries.

Letitia Chow, Chairperson and founder of JWA at Informa Markets Jewellery, said, “Despite the ongoing challenges brought by the pandemic, we are encouraged by the responses and number of participants this year, with a third being first-time entrants. Through this programme, we hope to highlight and bring out the positives of the trade, as we continue to promote the core values of innovation and excellence.”

The judging panel includes James Courage, former Chief Executive of Platinum Guild International and former Chairman of the Responsible Jewellery Council; Albert Cheng, CEO of Singapore Bullion Market Association and International Advisor of Shanghai Gold Exchange; Lin Qiang, President and Managing Director of the Shanghai Diamond Exchange; Dr. Mark Lee, Research Director of Asia Pacific Institute for Strategy; and Nirupa Bhatt, Senior Advisor to the Gemological Institute of America India.

“Entrants this year have showcased the industry’s ability to protect and support the workforce in the time of COVID-19. Their innovative approach in utilising online channels to reach out to customers also has helped them navigate these challenging times,” Courage shared.

Cheng said, “I am happy to see that most participants reported steady sales revenues in the past three years, except for a slight dip in 2019. Indeed, the jewellery industry has demonstrated resilience in the time of the pandemic. I am also pleasantly surprised with their prompt and creative responses in tackling obstacles, as well as with their ability to identify and pursue new opportunities.”

“As one of the judges, I noticed how important the JWA is to the international jewellery industry. Whether they’re startups or large enterprises, those who participated made each category highly competitive with their unique strategies and breakthroughs – making it very difficult for the panel to choose this year’s Honouree,” Lin remarked.

Dr. Lee noted that “COVID-19 further accelerated the industry’s digital transformation, and proved itself essential, not just for growth, but also for survival. I was impressed to see the candidates’ passion, innovative approach and their contributions despite the challenging conditions before them. Innovation and sustainable strategies are very important in this rapidly changing world, and this year’s entrants brought these to the forefront at JWA.”

Bhatt also commended the entrants’ efforts in engaging customers and their use of technology. “Not only is the industry resilient, it is also unstoppable when it comes to reaching out to its customers. As seen in this year’s entries, technology is a big enabler, especially in the last two years when manufacturers in the jewellery business continued to engage consumers by incorporating technology into their marketing strategies,” she said.

The 2021 JWA Ceremony and Gala Dinner will be held at JGT Dubai (Jewellery Gem Technology Dubai) on 21 February 2022, Monday. The 2021 JWA is supported by Headline Partners Chow Tai Fook Jewellery Group and Shanghai Diamond Exchange, alongside Honoured Partners KGK Group and Guangdong Land (Shenzhen) Ltd.

For full list of JWA 2021 Honourees: please visit www.JWAwards.com/results.

#JewelleryWorldAwards

Arctech Launches New Solar Tracking System SkyLine II to Reduce LCOE

The world’s first 1P single-axis tracker equipped with pentagonal torque tube design and synchronous multi-point drive mechanism is taking the tracker industry by storm

HANGZHOU, China, Oct. 27, 2021 /PRNewswire/ — Arctech, the world’s leading tracking, racking, and BIPV solutions provider, announced the global launch of its latest horizontal single-axis solar tracking system SkyLine II, the first 1P (one-in-portrait) tracker designed with pentagonal torque tube and synchronous multi-point drive mechanism.

PV modules have been designed in a larger format for increased power. That enlarged both tracker chord and length, posing a stability challenge to traditional single axis trackers. As the new modules are no longer fully compatible with traditional flexible trackers, Arctech launched SkyLine II as a new solution.

Arctech’s New Horizontal Single-Axis Solar Tracking System SkyLine II

Arctech’s New Horizontal Single-Axis Solar Tracking System SkyLine II

” Featuring a pentagonal torque tube and a synchronous multi-point drive mechanism. Skyline II is one of the few truly rigid 1P trackers in the industry. The design does not only stiffen SkyLine II by equipping it with larger bending and torsional capabilities, but also allows for the highest stability at all tracking tilts.” Bruce Wang, Chief Technology Officer of Arctech, remarked at the product launch ceremony. “Due to the design, SkyLine II utilizes the fewest posts per MW in the industry (180 posts/MW), which consequently decreases Engineering Procurement Construction ‘s cost by about 2%.”

SkyLine II’s top five innovations:

  • Pentagonal torque tube design: This cross-section provides SkyLine II with larger bending and torsional capabilities with minimum steel utilization.
  • Synchronous multi-point drive mechanism: This mechanism rigidifies the tracker to the point of enabling 0deg wind stow mode. This is critical to keep allowable pressure levels on the new large format modules and prevent cracking and delamination. Moreover, while the whole tracker industry tends to reduce wind stow speeds, Skyline II only triggers wind stows at 22m/s, which leads to up to 2% more energy yield per year, hence lower levelized cost of energy.
  • Standardized design: It is the industry norm that trackers along the perimeter are very different from edge and far interior tracker within a plant layout, Exterior trackers are commonly equipped with thicker components increasing steel utilization. SkyLine II, enabled by a stiff design and more design variables to optimize outcome, challenges this norm by incorporating a new standardized design, which lowers complexity and types of trackers in the field. This increases the flexibility of solar plant design and reduces the general cost.
  • Modular design: Like “Playing Lego”, SkyLine II can be adapted to mounting the optimum number of strings per tracker for each PV module. That is done by adding or removing posts and drives. Thus, the modularized SkyLine II adapts more efficiently to difficult terrains without large cost oscillations. Meanwhile, due to good compatibility with string inverters, SkyLine II can release the potential of string inverters by reducing mismatch.
  • New-generation AI tracking algorithms: SkyLine II uses machine learning based upon environment and operational data acquisition. Smart backtracking algorithms are also used to determine the optimum tracker tilt in each topography and environment, allowing for real time shading avoidance for up to 7% more energy generation.

“For years, Arctech has been committed to contributing to a more innovative and efficient PV industry. The latest examples included the new SkyLine II tracker, our own tracker specific wind tunnel test facility and so on. Arctech is also an active player in formulating international and domestic standards for tracker-related products, working with partners to make this God-given energy affordable to the world.” Remarked Guy Rong, President of Global Business at Arctech.

please visit www.arctechsolar.com for more information.

Photo – https://mma.prnewswire.com/media/1671290/image_1.jpg

LONGi sets new world record of 25.82% for HJT solar cell efficiency

XI’AN, China, Oct. 27, 2021 /PRNewswire/ — LONGi has announced a new world record of 25.82% for the efficiency of its commercial size HJT (M6 silicon-based heterojunction) solar cells, validated in testing carried out at the German Institut für Solarenergieforschung (ISFH). The new record follows the previous benchmark of 25.26% in June, also established by LONGi.

LONGi sets new world record of 25.82% for HJT solar cell efficiency

Research and development into HJT solar cell technology is an important focus for LONGi in its commitment to lead the global energy transformation with technological innovation. The two world records set within five months of each other underline the company’s leading position in innovative high-efficiency solar cell technology and its vision to drive forward the sustainable and rapid development of the global PV industry.

LONGi’s Cell R&D Center adheres to independent innovation in promoting the industrialization of new high-efficiency cell technology, in order to enable the upgrading of the entire industry. The company’s annual R&D investment accounts for more than 5% of its sales revenue, allowing it to remain at the leading edge of innovation and progress in cutting-edge technologies, consistently setting new efficiency records.

In January 2019, the conversion efficiency of mono-crystalline bifacial PERC solar cells reached 24.06%, a record still intact today, whereas, for N-type TOPCon cells, LONGi announced in June the world’s highest conversion efficiency of 25.21%, followed one month later by a new world record of 25.19% for P-Type TOPCon cells.

LONGi Solar Logo

Innovation is the core value of LONGi’s product strategy and the company will continue to create greater value for customers and partners with more high-quality, reliable and high-efficiency products, to contribute to the achievement of China’s dual goals of peaking carbon emissions by 2030 and carbon neutrality by 2060.

Photo – https://mma.prnewswire.com/media/1671202/LONGi_sets_world_record_25_82__HJT_solar_cell_efficiency.jpg
Logo – https://mma.prnewswire.com/media/781516/LONGi_Solar_Logo.jpg

‫‫جمعت Teachmint الناشئة في البنية التحتية التعليمية ما يوازي 78 مليون دولار في الجولة ب التي يقودها Rocketship.vc ، وVulcan Capital

–  شارك كلا من  المستثمرون الجدد Goodwater Capital، وEpiq Capital,، والمستثمرون الحاليون أيضًا Learn Capital، وCM Ventures، وLightspeed India، و Better Capital

–  تُعد هذه أسرع زيادة في رأس المال بقيمة 100 مليون دولار أمريكي لشركة هندية ناشئة في مجال التعليم.

–  ومنذ البداية، جذبت شركة Teachmint ما يزيد عن 10 مليون معلم وطالب من أكثر من 5000 مدينة في الهند.

–  وحيث تتطلع Teachmint إلى التوسع العالمي، وتحقيق إمكانات المنتجات المتطورة،، فإنها تهدف إلى جذب المواهب عالية الجودة، ومضاعفة قوتها العاملة خلال الأشهر الستة المقبلة.

دبي، الإمارات العربية المتحدة، 27/أكتوبر/2021/ PRNewswire/– Teachmint, جمعت الشركة الناشئة في مجال البنية التحتية التعليمية والمؤسسة لأكبر منصة تعليمية هندية ما يقدر ب 78 مليون دولار في الجولة الثانية التي يرأسها Rocketship.vc،  و Vulcan Capital. وشهدت هذه الجولة أيضًا انضمام مستثمرين جدد إلى جدول أعمال الشركة مثل Goodwater Capital و Epiq Capitalويستمر المستثمرون الحاليون Learn Capital، وCM Ventures، وLightspeed India و Better Capital في مضاعفة قوتهم في الجولة الخامسة التي تنفذها الشركة..

ترفع الجولة الجديدة رصيد الشركة الناشئة التي لم يتعدى عمرها 16 شهر إلى 118 مليون دولار، بما يجعله أسرع ارتفاع في رأس المال للشركات الهندية الناشئة في مجال التعليم. سوف تستخدم Teachmint هذا الضخ المتجدد للأموال للمزيد من تعزيز تقنية الفصول الدراسية المملوكة لها، إلى جانب التوسع في الأسواق العالمية. وقد تسارع نمو الشركة الناشئة في مجال البنية التحتية للتعليم محققة قاعدة عملاء تزيد عن 10 مليون مستخدم في الهند، وتهدف إلى مضاعفة ذلك إلى ما يزيد عن 100 مليون مستخدم حول العالم في الوقت القريب. ولتحقيق ذلك، سوف تركز Teachmint بشكل كبير على زيادة موظفيها، وتعيين المواهب المميزة، وخاصة في المنتجات، والتقنية، والتصميم. وتخطط الشركة إلى مضاعفة قوتها العاملة خلال الشهور الست المقبلة، وستعلن أيضًا عن أكبر خطة لإعادة شراء ملكية أسهم الموظف من أجل مكافأة وتقدير إسهامات فريقها.

وإلى جانب النمو المتواصل لمنصتها التعليمية الأولى عبر الهاتف الجوال، توسعت أيضًا Teachmint  في عروض البنية التحتية التعليمية  مع منتجات مثل Teachmint للمؤسسات و الفيديوهات التعليمية كخدمة. ومع اعتماد أكثر من 4000 مؤسسة تعليمية في الهند والعديد من شراكات تكنولوجيا التعليم الدولية عليها، تُعد Teachmint  اليوم الحل الوحيد الذي يلبي  احتياجات البنية التحتية الشاملة للمعلمينمن مدارس K-12 والدروس الخاصة بعد المدرسة، وصولا إلى الجامعات، وحتى لتكنولوجيا التعليم.

قال ميهير جوبتا، الشريك المؤسس والرئيس التنفيذي في Teachmint ،  said, “منذ البداية، ركزنا استخدامات الليزر على معالجة الفجوة الكبيرة بين التكنولوجيا والبنية التحتية التي توجد في التعليم. وعلى مدار ال16 شهرًا الماضية، شعرنا بالتواضع من تجربةتشغيل التعليم والبنية التحتية التعليمية للملايين من المعلمين والطلاب عبر الهند. ونعمل على تعطيل اختراق التكنولوجيا في التعليم بوتيرة غير مسبوقة بدءً من دعم المعلمين الأفراد إلى تشغيل مدارس K-12، ومعاهد التدريب، والكليات، والجامعات، وحتى تقنيات التعليم،

يسعدنا الترحيب بانضمام Rocketship.vc ، و Vulcan Capital ، إلى جانب Goodwater Capital  ، و Epiq Capital . كما نشعر بالامتنان للحصول على الدعم المستمر من مستثمرينا الحاليين أثناء تنفيذ رؤيتنا على الصعيد العالمي”

علق مادهو شاليني لير، شريك Rocketship.vc   أن Teachmint عالجت المشكلة التقنية الموجودة في قطاع التعليم، ونحن في موقع مميز لتوسيع نظاق عروضهم عالميًا. وتزيد القيادة الجيدة إلى جانب الشغف، والثقة في الحل من قوة إيماننا، ونشعر بالسعادة لأننا على متن هذه السفينة الصاروخية”

تتطلع أيضًا Teachmint إلى إجراء بعض عمليات الاستحواذ الاستراتيجية على المدى القريب لتعزيز عروض البنية التحتية الخاصة بها. وتبحث الشركة بنشاط عن شراكات مع أطراف مبتكرة في البنية التحتية التقنية عبر النظام البيئي التعليمي، ويمكنها نقل منتجها إلى نطاق أكبر من خلال منصة Teachmint

  قال فيفيك سوبرامانيان، شريك Goodwater Capital  أنTeachmint قد مايزت نفسها مع التركيز على بناء أدوات الفصول الدراسية المتكاملة والتي تمثل استخدام الهاتف الجوال والفيديو لأول مرة. وهي بالفعل من بين الشركات التكنولوجية الأسرع تقدمًا في مجال التعليم، وتتمتع بإمكانية تقديم التأثير الدائم على كيفية توصيل التعليم واستهلاكه عالميًا، نشعر بالحماس لكوننا جزءًا من هذه الرحلة”.

في يوليو/2021، جمعت Teachmint 20 مليون دولار في ما قبل الجولة ب التي تقودها Learn Capital  بمشاركة CM Ventures وقبلها بشهرين فقط، وخلال مايو/2021، جمعت الشركة 16.5 مليون دولار في جولة التمويل أ التي يقودها Learn Capital بمشاركة CM Ventures، وLightspeed ، وBetter Capital

Elite Capital & Co. Registers “Government Future Financing 2030 Program” as an official UK Finance Trademark

LONDON, UK / ACCESSWIRE / October 27, 2021 / Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited, announced today that 15th of October 2021 was a significant day for Elite Capital & Co., as two important events took place on this date.Pic1112542

Firstly, the UK Intellectual Property Office approved and issued a Registration Certificate for the Trademark ‘Government Future Financing 2030 Program’ with Certificate No. UK00003650455.

“Registering ‘Government Future Financing 2030 Program’ as an official trademark is a unique event for Elite Capital & Co. due to the importance of this financing program, that provides unique and wide-ranging financial services and solutions to governments around the world. Under this program Elite Capital & Co. and its governmental portfolios sign agreements with the respective Government to support the country’s National Projects, by providing 80% of the financing needs of those National Projects without burdening the Ministry of Finance with sovereign loans. In return, the Government announces the projects on a bidding basis by inviting all local companies and international consortia, to bid for the remaining project activities including 20% funding, construction, and project operations, thereby ensuring fairness, equality, and transparency according to the rules, regulations, and laws applicable in the respective country” Dr. Faisal Khazaal said.

Secondly, Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced that on 15th of October 2021 the company was awarded the ISO 37001:2016 Certificate for Anti-Bribery Management, in addition to the ISO 9001:2015 Certificate for Quality Management (QMS) that Elite Capital & Co. Limited has held over the past five years.

“The ISO 9001:2015 Certificate for Quality Management reflects the level of service that we offer to all of our clients, both at the Government level, and to the commercial and industrial private sector. Adding the ISO 37001:2016 Certificate for Anti-Bribery to our qualifications within the scope of Financial Management, Consultancy, and Funding, makes us the strongest and most secure company that Governments can work with for any financial transaction. Accordingly, Elite Capital & Co. will be subject to a quarterly financial review, as well as a comprehensive annual financial review starting from the 1st of November 2021, being one of the toughest and most transparent auditing financial systems” Mr. George Matharu said.

Elite Capital & Co. Limited is a private limited company that provides project-related services including Management, Consultancy and Funding, particularly for large infrastructure and commercial projects.

Kuwaiti Businessman Dr. Faisal Khazaal and Mr. George Matharu concluded their statement by saying “The company’s growth means we are working with an increasing number of countries, and looking forward to signing new agreements with international EPC Contractors in China and UK for major upcoming projects”.

– Contact Details –

Government Future Financing 2030 Program
Elite Capital & Co. Limited
33 St. James Square
London, SW1Y4JS
United Kingdom

Telephone: +44 (0) 203 709 5060
SWIFT Code: ELCTGB21
Website: ec.uk.com

SOURCE: Elite Capital & Co. Limited