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LuLu’s value concept store, LOT, opens three outlets in KSA

LuLu Group Chairman Yusuff Ali M.A. with other dignitaries at the launch event in Makkah.
LuLu Group Chairman Yusuff Ali M.A. with other dignitaries at the launch event in Makkah.LuLu Group Chairman Yusuff Ali M.A. with other dignitaries at the launch event in Makkah.
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Updated 5 min 30 sec ago

LuLu’s value concept store, LOT, opens three outlets in KSA

LuLu Group Chairman Yusuff Ali M.A. with other dignitaries at the launch event in Makkah.
  • Chairman Ali said: “This expansion reflects our commitment to the Kingdom’s Vision 2030 and our goal to offer high-quality, affordable products to all”

LuLu Group inaugurated three new value concept stores, called LOT, in ֱ in a single day — in Makkah, Saihat in the Eastern Province, and Riyadh. The central launch event took place in Makkah and was attended by dignitaries and government officials.
The Makkah store was inaugurated by Dr. Waleed Basuliman, general manager of investment and partnerships at the Royal Commission for Makkah City and Holy Sites, alongside LuLu Group Chairman Yusuff Ali M.A.
Nasser Huwaiden Thaiban Ali Alketbi, consul general of the UAE in Jeddah; Yaser Attar, director general of investment and deputy for planning and financial sustainability at Makkah Municipality; Abdulaziz Al-Sindi; Sheikh Ibrahim Al-Rifaei; and business figures from Makkah were also present.
Chairman Ali said: “This expansion reflects our commitment to the Kingdom’s Vision 2030 and our goal to offer high-quality, affordable products to all.”
He added that with LOT, their aim is to redefine value retailing by making everyday essentials accessible to everyone without compromising on quality.
“Four more LOT stores are in the pipeline in the Kingdom,” the LuLu chairman added.
Located on Abdullah Areef Street in Al-Rusayfah district, the new Makkah LOT store spans 43,000 square feet and is designed to deliver an engaging, budget-friendly shopping experience.
It features a wide selection of household essentials, kitchenware, and fashion for men, women, and children, with a strong emphasis on quality and affordability.
The store also offers ample parking space, enhancing its convenience for residents and visitors alike.
These value concept stores offer a wide range of products at unbeatable prices, with many items priced below SR22 ($5.87).

The Eastern Province outlet, located in Saihat within the LuLu Hypermarket complex on Al-Musib Ibn Rafi Street, offers 24,000 square feet of smart retail space tailored to budget-friendly shoppers.
Meanwhile, the Riyadh location in Al-Malaz features 18,772 square feet of retail space and comprehensive parking facilities.
All three stores opened with exclusive collections and promotional offers, reinforcing LOT’s core mission of making good-quality products accessible at wallet-friendly prices, responding to growing consumer demand for affordable yet high-quality retail experiences.
With this strategic expansion, LuLu continues to strengthen its footprint in the Saudi market, energizing the local retail sector and reaffirming its commitment to delivering value-driven shopping across key cities in the region.


ICIEC and Al-Baraka Islamic Bank Bahrain sign credit insurance policy

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(X @ICIEC_IDB)
Updated 1 min 2 sec ago

ICIEC and Al-Baraka Islamic Bank Bahrain sign credit insurance policy

(X @ICIEC_IDB)
  • CEO of ICIEC Dr. Khalid Khalafalla said: “This strategic collaboration with Al-Baraka Islamic Bank reflects ICIEC’s commitment to advancing intra-OIC trade and investment

The Islamic Corporation for the Insurance of Investment and Export Credit, a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and Al-Baraka Islamic Bank Bahrain signed a documentary credit insurance policy. The policy will strengthen support for Shariah-compliant trade finance, enabling greater security and confidence in the international trade ecosystem.
Under this partnership, ICIEC will provide insurance coverage for the confirmation of letters of credit issued by Al-Baraka Islamic Bank in connection with the import and export of eligible Shariah-compliant goods and services. This solution will help mitigate payment risks associated with cross-border trade while promoting sustainable growth in ICIEC’s member states.
CEO of ICIEC Dr. Khalid Khalafalla said: “This strategic collaboration with Al-Baraka Islamic Bank reflects ICIEC’s commitment to advancing intra-OIC trade and investment. By supporting Shariah-compliant trade finance through our documentary credit insurance policy, we are facilitating secure trade flows while empowering Islamic banks to broaden their offerings to clients.”
CEO of Al-Baraka Islamic Bank Bahrain Dr. Adel Salem said: “We are delighted to partner with ICIEC on this pioneering credit insurance policy, which empowers us to extend Shariah‑compliant trade finance to our clients, bolster Bahrain’s role as a regional hub for Islamic banking, and stimulate sustainable economic growth across member states worldwide. This collaboration underscores our commitment to innovation and robust risk management, giving the businesses we serve greater confidence to expand in global markets.”
The documentary credit insurance policy serves as a vital tool for Islamic banks, enhancing their ability to expand trade finance operations with reduced exposure to commercial and political risks.

The policy also complements ICIEC’s broader mandate to promote economic resilience, financial inclusion, and private sector development in member countries.

 


ITA Airways expands global network with strategic growth in Middle East

ITA Airways expands global network with strategic growth in Middle East
Updated 21 July 2025

ITA Airways expands global network with strategic growth in Middle East

ITA Airways expands global network with strategic growth in Middle East

ITA Airways, Italy’s national flag carrier, continues its ambitious international expansion strategy by reinforcing its presence in the Middle East— one of the world’s fastest-growing aviation markets. With the recent launch of new nonstop routes to key destinations across the Gulf region, the airline is connecting Italy with high-potential international markets, supporting trade, tourism, and cultural exchange.

These new routes mark a significant step in ITA Airways’ long-term vision to establish Rome Fiumicino as a major intercontinental hub. Operated by the cutting-edge Airbus A321neo, the Middle Eastern routes offer passengers a refined travel experience with a three-class cabin configuration — Business, Premium Economy, and Economy. The aircraft also underscores ITA Airways’ sustainability mission, delivering over 20 percent lower fuel consumption and carbon emissions per seat, along with a 50 percent reduction in noise impact compared to previous-generation models.

Passengers flying to and from the Middle East benefit from seamless connections across ITA Airways’ growing network, covering Europe, the Americas, and North Africa, supported by optimized transit through Rome Fiumicino Airport.

Further enhancing the customer journey, ITA Airways recently unveiled its new premium Runway Lounge at Milan Linate Airport — an elegant space that embodies Italian design and excellence. Developed in collaboration with iconic Italian brands such as Campari Group, illycaffè, iGuzzini, and Poltrona Frau, the lounge offers a luxurious and uniquely Italian ambiance. To celebrate the launch, a fashion show curated by Italian label Silence Please featured designs inspired by ITA Airways’ intercontinental destinations, reinforcing the brand’s connection to Italian creativity and global elegance.

Commenting on the expansion, Jörg Eberhart, CEO of ITA Airways, said: “Our growing footprint in the Middle East is a clear reflection of our long-term commitment to building sustainable and meaningful connections between Europe and this dynamic region. ITA Airways is dedicated to providing a premium and authentically Italian travel experience, supported by a modern fleet and seamless global connectivity. These new routes go beyond commercial value — they represent a vision of smarter, more connected travel that brings people, cultures, and economies closer together.”

As part of its broader growth strategy, ITA Airways continues to invest in fleet renewal, aiming for 90 percent of its aircraft to be next-generation models by 2027 — making it one of the youngest and most environmentally responsible fleets in Europe. Backed by the Ministry of Economy and Finance of Italy and Deutsche Lufthansa AG, ITA Airways is steadily establishing itself as a key player in global aviation, driven by innovation, sustainability, and an unmistakable Italian style.


First-ever 5G SA indoor coverage trial held in ֱ

First-ever 5G SA indoor coverage trial held in ֱ
Updated 20 July 2025

First-ever 5G SA indoor coverage trial held in ֱ

First-ever 5G SA indoor coverage trial held in ֱ
  • Dr. Khalid Al-Mashouq, CEO of ACES NH, said: “With Nokia’s ready and innovative indoor portfolio we can give building owners a single, future-proof solution while operators gain rapid, capital-light expansion

Nokia, together with ֱ’s Communications, Space and Technology Commission, local neutral host specialist ACES NH and service providers Mobily and Zain Saudi, has completed industry-first pilot deployment of 5G standalone indoor coverage using sharable indoor spectrum on the 4.0-4.1 GHz band and active sharing techniques. For the first time, every mobile operator in the Kingdom can deliver gigabit-class 5G inside low- to medium-traffic buildings through a single, cost-optimized system, eliminating the need for duplicate equipment and 4G anchors while cutting deployment costs by more than 60 percent. The proof-of-concept underscores how Nokia’s Shikra radio portfolio and multi‑operator core network software uniquely unlock spectrum-efficient, multi-operator 5G for private wireless and public networks alike.

FASTFACT

For the first time, every mobile operator in the Kingdom can deliver gigabit-class 5G inside low- to medium-traffic buildings through a single, cost-optimized system, eliminating the need for duplicate equipment and 4G anchors.

This innovative solution was recently recognized by the Small Cell Forum, receiving the Small Cells World Summit 2025 Award for “Outstanding Progress in Enabling Neutral Host and Multi-Operator Business Models.”

Sharable indoor spectrum gives stakeholders a powerful tool to boost indoor 5G adoption without complex auctions or spectrum refarming, says Mikko Lavanti, Senior VP for Mobile Networks, MEA at Nokia

Mobile data traffic per smartphone is projected to escalate from 29 GB per month in 2024 to 54 GB per month by 2030. Although 80 percent of mobile traffic is generated indoors, conventional distributed antenna systems often dedicate separate hardware and spectrum to each operator, driving up CAPEX and energy use. By using sharable indoor spectrum on the 4.0-4.1 GHz band in combination with 5G SA active sharing, the pilot demonstrates fair access for all operators while accelerating coverage in business districts, giga-projects, and public venues. Early cost modeling by Nokia and ACES shows a further 47 percent saving when 4G anchoring is removed, making 5G SA “greenfield indoor” sites commercially viable from Day 1.
Mufarreh J. Al-Nahari, deputy governor of studies and innovation at the Communications, Space and Technology Commission, said: “This collaboration demonstrates how innovative regulatory practices, vendor expertise and local partners can together deliver reliable, high-quality 5G for enterprises and consumers. We look forward to scaling the model across the Kingdom.”

Mikko Lavanti, senior vice president for mobile networks, MEA at Nokia, said: “Sharable indoor spectrum gives stakeholders a powerful new tool to boost indoor 5G adoption without complex auctions or spectrum refarming.

Our Shikra pico radios and true 5G SA active sharing software prove that one neutral host system can serve every operator with carrier-grade performance, cutting both cost and carbon emissions per gigabyte.”
Dr. Khalid Al-Mashouq, CEO of ACES NH, said: “With Nokia’s ready and innovative indoor portfolio we can give building owners a single, future-proof solution while operators gain rapid, capital-light expansion. It’s a win for everyone in the 5G ecosystem.”
Alaa Malki, chief technology officer at Mobily, said: “Enhancing customer experience and optimizing network performance in indoor environments are core to Mobily’s strategic priorities. Our active participation in this pioneering initiative reflects our commitment to driving innovation, operational efficiency, and scalable 5G solutions. By advancing shared infrastructure models, we are reinforcing Mobily’s leadership in shaping the future of telecommunications in the Kingdom and accelerating the realization of ֱ’s digital transformation goals.”
Mohammed Al-Nujaidi, chief technology officer at Zain KSA, said: “Pioneering future-ready shareable network models that unlock scalable, high-performance connectivity is part of Zain KSA’s commitment to driving the evolution of ֱ’s digital infrastructure. By enabling seamless digital access and significantly enhancing the customer experience, this initiative plays a pivotal role in advancing and accelerating the Kingdom’s digital transformation journey and smart infrastructure development for a knowledge-based society and digital economy.”
Nokia’s Shikra pico solutions for the 4.0 GHz band are compact, low-power remote radios that blanket multistory buildings with uniform mid-band 5G coverage. Leveraging 5G standalone MOCN active sharing, a single RAN and core slice can serve multiple operators at once, boosting spectral efficiency and streamlining operations. The platform is also private wireless ready: the very same infrastructure can host dedicated enterprise 5G cores, delivering secure Industry 4.0 and campus network services alongside public connectivity.

 


Huawei taps into MENA digital powerhouses to boost in-car content

The signing ceremony took place on the sidelines of the 2025 Huawei Developer Conference.
The signing ceremony took place on the sidelines of the 2025 Huawei Developer Conference.
Updated 20 July 2025

Huawei taps into MENA digital powerhouses to boost in-car content

The signing ceremony took place on the sidelines of the 2025 Huawei Developer Conference.
  • Anghami has a long-standing partnership with Huawei. In 2020, Anghami completed the integration of Huawei Mobile Services and collaborated with Huawei AppGallery to promote and expand the Middle East and Africa market

Huawei Consumer Cloud Services signed two MoUs with the Middle Eastern music streaming platform Anghami and the Arabic news platform Nabd, during the 2025 Huawei Developer Conference. These partnerships enrich the ecosystem capabilities of Huawei HMS for Car and provide localized informative and entertaining content service solutions for global automakers.
As the leading music streaming platform in MENA with more than 57 million tracks, Anghami brings strong regional expertise and deep understanding of local listening preferences. Through this new partnership, Anghami will now deliver its content via HMS for Car, helping automakers offer a rich and relevant in-car music experience tailored for the local market.
Anghami has a long-standing partnership with Huawei. In 2020, Anghami completed the integration of Huawei Mobile Services and collaborated with Huawei AppGallery to promote and expand the Middle East and Africa market. In 2021, Anghami developed and launched the HarmonyOS app for Huawei smartwatches in the MEA, and in 2025, it launched a new application version optimized for Huawei Watch 5.
With a user base of more than 32 million, Nabd has established itself as the preferred destination for Arabic content consumption. The platform provides an extensive range of features, including personalized news, live match scores, football schedules, real-time financial markets data, weather forecasts, live TV streaming, entertaining video feeds, e-commerce listings, and engaging word games. This cooperation with Huawei HMS for Car will provide localized content and multilingual services.
As a long-term partner of Huawei since 2021, Nabd has promoted the integration of the HMS media kit and supported ecosystem cooperation, while expanding brand coverage in the MEA through AppGallery.

At the HDC 2025, Huawei also unveiled HMS for Car MAAN 4.0, its latest innovation that allows web-based apps to work just as smoothly as native apps inside the vehicle. Paired with the new App Box development tool, it makes it easier than ever for partners like Anghami, helping them bring seamless, high-quality entertainment to connected vehicles around the world.

 


Al-Jomaih & Shell renews partnership with Yelo

Al-Jomaih & Shell renews partnership with Yelo
Updated 20 July 2025

Al-Jomaih & Shell renews partnership with Yelo

Al-Jomaih & Shell renews partnership with Yelo

Al-Jomaih and Shell Lubricating Oil Company has announced the renewal of its strategic partnership with Al-Wefaq Transportation Solutions, or Yelo, one of ֱ’s top vehicle rental companies. The renewed agreement will ensure the continued supply of Shell’s premium lubricants to support Yelo’s rapidly growing fleet operations across the Kingdom. The agreement, signed in Riyadh, aligns with the goals of Saudi Vision 2030, which emphasizes innovation, sustainability, and sectoral growth in the Kingdom’s transportation and mobility industry.
This agreement reflects a shared commitment to the highest service standards, operational efficiency and fleet optimization. It also supports the performance of Yelo, which operates a fleet of more than 33,000 vehicles through a network of 90 car rental branches. Yelo relies on advanced, high-performance lubrication solutions to maintain vehicle quality, reduce downtime and enhance resale value, all core to the company’s customer promise and growth strategy.
Saher Hashem, CEO of Al-Jomaih and Shell Lubricating Oil Company, expressed his delight in extending the collaboration with Yelo, affirming that the company is a model of innovation and reliability in the mobility sector. He said: “This renewal reinforces the strength of our relationship and reflects our shared focus on sustainability, outstanding performance, and delivering long-term value through Shell’s leading lubrication technologies.”
Hamad Al-Humaid, CEO of Al-Wefaq Transportation Solutions, emphasized the importance of reliable partnerships in delivering an exceptional customer experience and maintaining fleet efficiency and performance quality. He said: “Our partnership with Al-Jomaih and Shell Lubricating Oil Company has consistently proven valuable in optimizing operational efficiency, reducing maintenance costs, and ensuring our vehicles are always in top condition.”

Shell lubricants play an important role in supporting our ambitious growth and commitment to excellence, and we look forward to building on this strong foundation.”