News
HUAWEI HELPS BUILD A KSA KNOWLEDGE ECONOMY AT IECHE
By Editor
ICT provider solidifies its commitment to region with availability of e-education platforms for Higher Education Institutes
With the advent of a knowledge economy developing in Saudi Arabia, Huawei—a leading global information and communications technology (ICT) solutions provider— showcased the latest E-education technology solutions that can help institutions improve the standards of education, at the International Exhibition and Conference on Higher Education (IECHE) in Riyadh, held between the 15 – 18 April 2014.
Strengthening its commitment to developing the education sector in KSA, Huawei identified how it can help universities empower youth by equipping them with the right knowledge and skills to build successful careers.
As the country moves closer to developing a true knowledge-based economy, the IECHE provides the perfect platform for the Ministry of Higher Education to build solid partnerships with some of the world’s top higher education institutions. The event brings together educators, students, speakers and leading universities from around the world to channel energies to maximize the availability of education and learning.
As a Technical partner of the event, Huawei spoke to educators about how technology vendors can make a measureable impact to the availability and quality of education through the implementation of borderless classrooms and e-learning tools.
According to Huawei the most important step that institutions need to make is to ensure that there is a solid infrastructure that can support the modernization of state-of-the-art learning platforms and technologies.
“The incorporation of technology has completely revolutionized the way the students learn and continues to push the boundaries within the education industry”, said Tony Shi, General Manager at Huawei, Enterprise Business, Kingdom of Saudi Arabia. “Educators can change the way that classes are being taught, where they are hosted and satisfy the demand from student and staff for more flexible and creative learning environments.”
According to Huawei, the implementation of IT E-education systems is allowing institutions to move away from the traditional in-class style of education, becoming increasingly virtual and more interactive.
Huawei has worked closely with renowned public and private sector entities in Saudi Arabia for more than a decade, both as a key driver of ICT innovation and as a significant employer of local talent within the private sector. This has included partnerships with leading Saudi universities as well as setting up a dedicated Huawei Training and Research Centre in Riyadh in 2006, which currently offers aspiring professionals a broad range of management and technical programs coordinated through the global Huawei University.
Huawei recently also announced a strategic partnership with Technical and Vocation Training Corporation (TVTC) that saw both collaborate on a variety of academic programs aimed at providing students in Saudi Arabia with access to the world-class labs, experts and work experience opportunities in the technology field. This included Huawei’s Cloud FusionAccess solution, a Cloud Virtual Desktop Infrastructure (VDI) system, offering greater educational resources for students and training instructors.
“The great thing about the smart classroom concept is that it is scalable. Schools and colleges can start small and add more interactivity and more complex digital technology as and when it is required. Over the years Huawei has pioneered a variety of programs giving young people greater access to educational opportunities and we look forward to helping more educators in KSA improve,” added Shi.
Educators interested about how they can implement new forms of ICT solutions that will improve learning can view Huawei’s variety of e-classroom solutions at its stand. The ICT provider will also be providing demos of its integrated virtualized infrastructure, Fusion Cube and its S12700 Software Defined Network (SDN)-ready switches – which have both proved effective at bolstering network interconnectivity between departments and campuses within education institutions across the region. The ICT provider has also deployed a Wireless LAN network at the event brining high speed connectivity for all partners and attendees to see how this technology can work through wireless connections.
Within the Middle East, Huawei has rapidly emerged as a partner of choice for enterprise ICT customers in a wide range of verticals—from education to healthcare, government, transportation, and many more. Huawei recently also deployed an award-winning Cloud Virtual Desktop pilot program for 100 students at the UAE’s Higher Colleges of Technology in 2012. An e-classroom solution was also rolled out for the same institute in October 2013, enabling students to conduct lectures remotely between campuses in Abu Dhabi and Ras Khaimah.
Financial
CFI Partners with Saadiyat Nights as Part of Its Collaboration with DCT Abu Dhabi
CFI Financial Group is proud to announce its official partnership with Saadiyat Nights, as part of CFI’s strategic partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). This collaboration underscores CFI’s commitment to supporting its local community and providing its clients with unforgettable cultural and entertainment experiences in one of the world’s most dynamic destinations.
Currently captivating audiences, the second edition of Saadiyat Nights is bringing legendary international artists, performers and fans together at the iconic open-air venue on Saadiyat Island. Running from December to February, this extraordinary series features iconic acts like Boyz II Men, Christina Aguilera, Robbie Williams, Michael Bublé, Leningrad, Ebi and Omar Khairat, with some already dazzling the stage and others eagerly awaited.
Through this collaboration, CFI will benefit from exceptional brand visibility at each event, while offering its clients premium access to performances and money-can’t-buy experiences, including exclusive Meet & Greet opportunities with some of these legendary artists.
“Through this collaboration, CFI reinforces its brand presence and industry leadership by securing high brand visibility at each of the Saadiyat Nights events in Abu Dhabi, a key hub for culture and global connections,” said Hisham Mansour, Co-founder and Managing Director of CFI. “This partnership reflects our commitment to fostering meaningful connections, supporting cultural initiatives and providing our clients with opportunities to engage with world-class experiences that complement their journey with CFI.”
Through this partnership, CFI is proud to support Abu Dhabi’s position as a leading cultural destination in the region, while staying committed to its mission of providing traders with exceptional trading experiences and engaging with like-minded local communities.
Hospitality
Where There Is Trade, There Is Gulfood
There is only one place where the world gathers annually to witness an unparalleled F&B showcase, with products meticulously handpicked from every corner of the globe. This time, a new global chapter is unfolding in the future of food and it’s within the legacy of Gulfood that the world can anticipate a seismic impact.
The 30th edition of Gulfood, taking place at the Dubai World Trade Centre from 17 – 21 February, will host a record 5,500+ exhibitors from 129+ countries. It will unveil new business opportunities and solve new and evolving global challenges.
Celebrating 30 Editions of Informing the Global Foodscape
For over three decades, Gulfood has been the driving force at the heart of global food commerce—igniting innovation, sparking cross-cultural collaboration and redefining the next era of global F&B. As the world experiences a sweeping transformation in food systems—powered by groundbreaking technologies, sustainability breakthroughs, and forward-thinking ideas—Gulfood 2025 will be the epicentre of this revolution. This is where the next era of food begins, and you’re invited to be at the forefront.
Event date: 17 – 21 February 2025 at Dubai World Trade Centre & registration is now live.
Why Visit?
Where The World Connects for Their F&B Sourcing Success
- 5500+ Exhibitors: Explore 100k+ new products and innovations from a vast exhibitor showcase across eight distinct sectors.
- 129 Countries Exhibiting: Experience global diversity with the biggest lineup of participating countries.
- 43% New Exhibitors: Get the first look at the fresh offerings from exhibitors attending the show for the first time.
- 24 Huge Halls: Navigate 24 massive halls filled with exhibitors, country pavilions and culinary experiences.
- 1 Million Sq. Ft Exhibition Area: Gulfood 2025 boasts one million square feet of show floor space.
- Network And Pre-Schedule Meetings: Establish close connections with F&B industry leaders through pre-scheduled meetings via our official event app and meetings programme.
Show Sectors
Gulfood is set to showcase the latest trends and advancements in the F&B industry, spanning seven distinct sectors: Dairy, Beverage, Fats & Oils, Pulses & Grains, Meat & Poultry, Power Brands and World Food.
Anticipate exploring products spanning these sectors at Gulfood, the ultimate platform for connecting with industry leaders, discovering state-of-the-art innovations and forging valuable partnerships in the ever-evolving F&B landscape.
Features
The summit will unite global leaders to tackle key challenges, sparking discussions, and showcasing trends, featuring top CEOs, policymakers and innovators.
From talks like Visionaries: Exploring Cutting-Edge Technologies Driving Food Tech to Pioneering Smart Agricultural Systems in the F&B Sector and more, the summit aims to drive business, inspire change and fuel global economic growth.
GULFOOD DISCOVERY TOURS
Over five days, engage in curated tours that are designed to connect you directly with the products you’re most interested in sourcing. The tours focus on diverse food categories such as Gourmet, Alternative Proteins, Ready-to-Eat, and Plant-Based. F&B professionals, buyers and sourcing experts can gain valuable insights, access exclusive products and make informed business decisions while exploring key trends influencing global F&B.
Top Table
Top Table returns with a charismatic group of local and international chefs who are reimagining the way we create and enjoy food. With a bold focus on culinary futurism, the 2025 edition will debut new techniques, inventive flavour combinations and unconventional textures that surprise and delight audiences.
YOUTHX – YOUNG CHEF CHALLENGE
Witness a high-energy culinary competition between young hotel chefs from around the world. They will compete for a career-defining internship at some of the top restaurants and culinary schools in Europe. Gulfood’s YouthX brings together emerging culinary talent from diverse cultures, offering a global platform that unites chefs through healthy competition. They’ll be judged on futuristic techniques that set the event apart from previous editions, showcasing the next generation of global culinary leaders.
BLEND STUDIO
Celebrate the artistry of beverages with immersive masterclasses that showcase the latest trends and exclusive, never-seen-before creations crafted by industry experts. Explore the world of coffee and the trendiest crafted drinks while seizing opportunities to connect and learn from leading beverage professionals.
THE CULINARY DEBATE
Watch as global culinary icons debate the industry’s most critical challenges and exciting opportunities in the world of food. You’ll be captivated as they offer fresh perspectives on the rapidly evolving industry landscape.
THE TASTING ROOM
Experience the latest culinary creations from top brands and network with business leaders in the F&B industry. Whether you’re looking for the market’s most exciting products, new partnerships or upcoming trends, this is where opportunities come to life.
DUBAI WORLD CUISINE
Experience an exclusive four-hands dinner series that brings together celebrated international chefs and homegrown culinary talent. These unique collaborations offer a one-of-a-kind opportunity to savour bespoke menus, where local flavours and global expertise converge to create exceptional dining experiences.
GULFOOD AFTER HOURS
Explore Dubai’s vibrant food scene with Gulfood After Hours. We’ve teamed up with the city’s most iconic restaurants to give you an unforgettable culinary adventure. From casual eateries to fine dining, you’ll experience the very best Dubai has to offer, outside of the exhibition halls. Simply book, show your ticket, and enjoy exclusive offers at venues across the city.
INNOVATION AWARDS
The Gulfood Innovation Awards will celebrate brands setting a new standard for excellence in F&B. Recognising forward-thinking products that demonstrate creativity, ingenuity and impact, these prestigious awards highlight the best in the F&B industry across 10 categories.
Financial
MultiBank Group Secures Court Victory as Judge Declares Von Der Heydt Claims as “Fictitious” and “Untenable”
MultiBank Group has achieved a significant courtroom victory in the Eastern Caribbean Supreme Court against Von Der Heydt Invest S.A. (VDH), a Von Der Heydt Group subsidiary, which had brought claims against MultiBank FX International Corporation (MBFX), a MultiBank Group entity, and its founder, Naser Taher.
The court described the allegations brought by VDH as ‘fictitious’ and ‘untenable’, labelling VDH’s pursuit of these matters as an “abuse of process.” The court ordered VDH to cover over USD$25 million in legal costs incurred by Mr. Taher and MBFX.
The Honorable Justice Gerhard Wallbank’s decision rejected VDH’s claims and confirmed MultiBank Group’s adherence to transparency and integrity. Naser Taher, Founder and Chairman of MultiBank Group said: ‘The accusations levied against us by Von Der Heydt have always been unfounded, and this ruling is a testament to our strong adherence to the principles of fairness and lawful conduct.’
The court confirmed that the legal campaign by VDH and its affiliates over the past four years consisted of coordinated and unfounded allegations targeting MultiBank Group. The judgment also highlighted a “conspiratorial network” involving multiple parties.
A previous ruling by the court made in early 2024 compared the relationship between the Von Der Heydt Group, to the Bernie Madoff ponzi scheme.
This decision marks an end to VDH’s pursuit of claims against the MultiBank Group and runs parallel to the financial group’s broader collapse. Von Der Heydt Bank, a 250-year-old institution and VDH’s parent company, has surrendered its banking license and ceased to exist after being placed in liquidation by its founder Dietrich Von Boetticher. The court further commented on the plight of German noteholders allegedly represented by VDH, attributing their difficulties to mismanagement at the hands of the Von Der Heydt leadership.
A prior ruling by the London High Court found Colm Smith, CEO of CSM Securities, and his company in contempt of court for not adhering to a worldwide freezing order (WFO) obtained by MultiBank Group. This contempt stems from Smith’s failure to disclose assets related to a legal dispute involving Van Der Heydt Invest SA (VDHI), where significant losses were linked to investments in notes associated with the Multibank Index. His actions have raised the possibility of imprisonment as the court continues to address allegations of unlawful collusion against MultiBank Group, which are unfolding in various European courts.
MultiBank Group’s victory in the Eastern Caribbean Supreme Court further solidifies its position as a trusted leader in the financial derivatives market, operating under the oversight of 16 regulators across five continents and serving over one million clients worldwide. Naser Taher added: ‘We are delighted that the judiciary has recognised the baseless nature of these accusations and affirmed our global reputation for integrity and operational excellence. We remain steadfast in delivering the highest standards of financial services to our clients.’
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