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Dubai Customs Achieves Remarkable 13% Growth in Transactions, Totaling 21.6 Million in the First Nine Months of 2023

Dubai Customs has experienced significant growth in its customs transactions, with a robust 13% increase, totaling 21.6 million transactions during the first nine months of this year. This surge contrasts with the 19 million transactions recorded during the same period last year. The upswing aligns with the targets of Dubai’s economic agenda "D33," which seeks to double foreign trade and establish new trade routes, connecting Dubai with 400 additional cities worldwide.

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports,
Customs and Free Zone Corporation, emphasized that Dubai Customs is in harmony
with the visionary objectives set by His Highness Sheikh Mohammed Bin Rashid Al
Maktoum, Vice President, Prime Minister and Ruler of Dubai. The goal is to position
Dubai as one of the top four global financial hubs, fostering economic productivity
through innovation and digital integration. Dubai Customs is renowned for providing
cutting-edge smart services to the business and trade sectors, delivering cost-effective
solutions that streamline operations and boost returns. The continuous enhancement of
the ;Mirsal system, as part of Dubai Customs development initiative, underscores the
commitment to crafting effective policies and procedures supportive of trade.
Furthermore, the program aims to incorporate the latest technologies, meeting the
evolving needs of companies for swift, efficient, and secure global supply chain
operations.

87% customs declarations share Customs declarations constituted 87% of the total customs transactions. By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations, compared to 16.6 million declarations during the same period last year, reflecting a growth of 13.2%. These numbers underscore the extent of the digital
transformation achieved by Dubai Customs and the successful integration of advanced
information technology. Dubai Customs digital programs are capable of handling around
70,000 customs declarations in a single day. Trade facilitations Dubai Customs is increasingly emphasizing the enhancement of partnerships with stakeholders, ensuring they receive added value, all within its commitment to playing a vital role in boosting Dubais economy. This involves offering optimal trade facilitations to attract more business operations to the emirate. The government department is

progressing with the “Cargo Status Tracking” initiative, a promising project providing
clients with an exceptional experience by tracking the status of shipments from arrival to
release. The project distinguishes itself with real-time monitoring and comprehensive
visibility into the customs clearance process across Dubais borders. Globally pioneering,
this initiative solidifies Dubais strategic position in global trade. The innovative project
aims to improve efficiency, reduce costs for customs authorities and traders, and
empower customers to take subsequent actions based on the provided information.

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Faraday Future Enters Middle East with FF 91 2.0 Futurist aiFalcon Limited Edition and Strategic Agreements

Faraday Future (NASDAQ: FFIE),

the California-based global electric mobility company, announced its Middle East debut through
strategic collaborations with Master Investment Group and Siraj Holding LLC. The move
includes the launch of the exclusive FF 91 2.0 Futurist aiFalcon Limited Edition tailored for the
Middle East market.Faraday Future’s Global CEO, Matthias Aydt, expressed enthusiasm for the strategic partnerships, stating, “We look forward to this being our first of many future events and
collaborations around the globe.” Strategic Cooperation Agreements and Advisory Board Appointments Faraday Future has inked strategic cooperation agreements with Master Investment Group and Siraj Holding LLC, welcoming Sheikh Abdullah bin Mohamed Al Qassimi and Mr. Ahmed Khalaf Ahmed Khalaf Otaiba to Faraday Future’s Global Advisory Board. The agreements aim to support Faraday Future’s Middle East operations, including business development, sales and marketing, strategic financing, and partnerships. Sheikh Abdullah bin Mohamed Al Qassimi, CEO of Master Investment Group, commented on the partnership, saying, “We look forward to this partnership and are confident in Faraday Future’s bright outlook in the region.” Exclusive Showcase at F1 Abu Dhabi Yas Marina Circuit To mark its Middle East entry, Faraday Future will showcase the FF 91 2.0 Futurist Alliance at the Abu Dhabi Yas Marina Circuit during the Formula 1 Abu Dhabi Grand Prix Weekend, starting November 24. The FF 91 2.0 has already set new track records, demonstrating its performance capabilities. FF All Hyper Global Racetrack Conqueror Plan Faraday Future introduced the All-Hyper Global Racetrack Conqueror Plan, featuring the FF All Hyper Racing team. Comprising world champion racers, automotive engineering experts, AI
scientists, modification shop leaders, celebrities, and the FF team, they will collaborate to
enhance the FF aiHyper 6X4 Architecture 2.0 and the All-Ability aiHypercar. FF plans to
conquer the worlds most famous racetracks with continuous technology improvements in propulsion, handling, and AI capabilities. The Future of Faraday Faraday Future’s Middle East entry aligns with its commitment to cutting-edge technology and sustainable mobility. The launch of the FF 91 2.0 Futurist aiFalcon Limited Edition reflects the company’s dedication to meeting the evolving desires and needs of its global customers.

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Former Leader of the UK House of Lords, Baroness Evans of Bowes Park, Joins Sustainability Fintech Changeblock ahead of Pivotal UN COP28 Conference

Changeblock, a global sustainability fintech company utilizing advanced data-systems and technologies to accelerate planet repair and protection activities through the generation and exchange trading of high-integrity environmental assets, such as carbon credits, today announced the appointment of Baroness Evans of Bowes Park, former leader of the UK House of Lords, as Senior Advisor, Policy & Ethics. Trust and integrity are crucial for companies to monetize their planet repair and protect initiatives, and therefore crucial for credits to be adopted at the scale necessary towards achieving net-zero, Consequently, policy and ethics are major focus areas for Changeblock that require integration into the credit value chain. The appointment of Baroness Evans will significantly strengthen the Company’s efforts in this regard, and augments the work already being done with multiple standard and verification agencies. Baroness Evans commented, “Reducing society’s environmental footprint is one of the most pressing challenges we as humanity are facing today, and tradeable offsets, such as credits, hold great promise towards delivering this. Their effectiveness will be impacted by how the companies in this eco-system engage with policy and policy makers. “Ethics play an increasingly important role in credit integrity assessments and in investment decision making. Changeblock’s forward, strategic thinking, combined with their unique offering that meets such a critical need, make this an exciting opportunity. I look forward to working with Billy and the team and help Changeblock cement its leadership position as a critical net-zero infrastructure partner.” Billy Richards, Changeblock CEO, stated, “We believe Baroness Evans is exceptionally well positioned to provide Changeblock with actionable insights, and help us strengthen our position as a critical infrastructure partner for credit generators, off-setters, investors and policy makers. I believe this appointment reflects the importance, integrity and quality of our offering, as well as the depth and strength of our network, and I am excited to be working on these important initiatives with Natalie as we expand our operations and help smooth the path to net-zero.”

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CyberArrow and Mobily Announced a Strategic Partnership for CyberArrow’s AI-Powered GRC at Black Hat 2023

In a groundbreaking collaboration, Mobily, one of the largest telecom companies in Saudi Arabia, and  CyberArrow , a leading UAE- based Compliance Automation Platform and Cyber Security Awareness Platform provider, proudly announced their strategic partnership at Black Hat 2023. This partnership marks a significant step towards revolutionizing the approach to compliance in the Kingdom of Saudi Arabia. The announcement cements Mobily as a strategic partner using CyberArrows AI-Powered GRC to boost cybersecurity compliance in the region. CyberArrows latest AI GRC was featured at the center of Black Hat 2023.  Key Highlights of the Strategic Partnership
The strategic partnership between CyberArrow and Mobily is a dynamic collaboration aimed at
reshaping the landscape of cyber security and compliance in Saudi Arabia. As a strategic partner,
Mobily helps organizations across Saudi Arabia enhance compliance processes and streamline
governance, risk, and compliance by utilizing CyberArrows AI-Powered GRC. This collaboration goes beyond physical presence; it symbolizes a shared vision for transformative advancements in compliance. The strategic partnership is designed to provide organizations in Saudi Arabia with intelligent solutions for navigating the complexities of cyber security and compliance with unprecedented efficiency. The partnership highlights the profound impact of integrating Artificial Intelligence (AI) into cyber security and compliance. Through cutting-edge solutions and strategic partnerships, CyberArrow demonstrates its commitment to leveraging AI as a catalyst for transformative change. As CyberArrow strategically partners with Mobily, these key messages echo their shared vision, amplifying the call for utilising CyberArrow’s AI-powered GRC platform and fortifying the digital landscapes of businesses in Saudi Arabia. “The collaboration with Mobily signifies more than just a partnership; it's a shared vision to make cyber security compliance accessible and robust for businesses in Saudi Arabia”, said Amar, Co-founder of CyberArrow

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