• The facility strengthens capital structure to support diversified fleet growth and strategic investments
• The eight-year loan is secured by first-priority mortgages on selected operating vessels.

Abu Dhabi, Wednesday 9^th July 2025: Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of IHC (ADX: IHC), has secured AED 760 million ($207 million) financing facility from Abu Dhabi Commercial Bank PJSC (ADCB). The eight-year facility is secured through first-priority mortgages over a selected group of operating vessels, reinforcing the company’s capital efficiency and asset-backed growth strategy.

ADCB, acting as sole underwriter and Mandated Lead Arranger, extended the facility on highly competitive terms—marking the second major transaction between the two organisations. In early 2025, ADCB provided an AED 210 million ($57 million) facility to ASBI Shipping FZCO, the joint venture between Al Seer Marine and B Shipping, to support the acquisition of small and midsize LPG tankers.

“We’re proactively optimising our capital structure to unlock high-value, high-growth opportunities and reinforce our role as a powerhouse in delivering the UAE’s maritime vision. With this funding arrangement, we’re well-placed to serve the country’s momentum to accelerate investment across LNG, LPG, crude oil, and petrochemicals. ADCB’s continued partnership reflects deep institutional trust in our long-term strategy,” said Guy Neivens, Chief Executive Officer of Al Seer Marine.

Al Seer Marine has steadily earned the confidence of top-tier financial institutions, securing support from local leaders such as Abu Dhabi Islamic Bank (ADIB) and First Abu Dhabi Bank (FAB), while forging strategic ties with global players like BOCOM Leasing—China’s foremost maritime financier.

The company has leveraged this financial backing to develop a resilient, future-ready fleet while advancing strategic investments across multiple sectors, including naval shipbuilding, autonomous Unmanned Surface Vehicle (USV), the world’s largest 3D printer, and more.

-ENDS-

About Al Seer Marine (ASM)

Al Seer Marine (ADX: ASM), a subsidiary of International Holding Company (IHC), is a global maritime organisation headquartered in Abu Dhabi. Our extensive service portfolio encompasses commercial shipping, yachting, boat building, large-scale 3D printing, unmanned vessel platforms and capabilities, and cutting-edge technological innovations. We seamlessly integrate top-tier services, innovative technological solutions, and a proven track record of operational excellence.

Whether it’s operating a fleet of superyachts with luxurious precision, owning & operating a fleet of commercial vessels, employing innovative additive manufacturing processes, or engineering futuristic unmanned vessels, Al Seer Marine stands as a beacon of expertise, capability, and excellence, capable of transforming any maritime vision into a reality.

Our comprehensive service approach ensures a seamless journey from conception to realization, leveraging the latest in commercial ship and yacht management innovations. Our dedicated boat building team not only excels in additive design techniques and precision builds but also offers extensive training and expert maintenance, ensuring the longevity and performance of our creations.

www.alseermarine.com

About International Holding Company (IHC)

Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world’s largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC’s commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. 

IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts.

At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.

www.ihcuae.com  

Media Contacts

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Transform everyday gifts into memorable keepsakes, whether it’s a mug made of LEGO(r) bricks or a fully bricked bottle of aftershave, this year, build it with him. 

June 13, 2025 – Dubai, United Arab Emirates: This Father’s Day, June 21^st, the LEGO Group is on a mission to rescue dads across the nation by putting an end to the same-old gifts. Following the spirit of World Play Day on June 11, which celebrates the joy of play, the LEGO Group encourages families to break away from the mundane and reimagine clichéd gifts with the magic of LEGO bricks.

A YouGov survey, commissioned by the LEGO Group, revealed the top ten most common Father’s Day gifts for dads in the UAE. With insights from over 1,000 respondents, the survey confirmed that classic gifts still dominate the scene, with 62% of dads receiving a shirt, 49% a wallet and 27% a mug. Moreover, the survey found that 75% of UAE dads have received the same present from their children multiple times —exactly where the LEGO Group comes into play, inspiring families to add a fresh twist to those cherished gift-giving moments. 

This year, the LEGO Group is calling on both kids and adults to defy tradition by adding creativity to their celebrations. By reviving the joy of handmade gifting, families can transform clichéd gifts into exciting LEGO sets, offering meaningful opportunities for dads and their children to build, bond and share together.

The YouGov survey also revealed the heart of Father’s Day for many UAE dads—celebrating shared experiences. When asked what makes the day feel most special, 22% said it’s when the family creates or builds something together, 20% cherish crafting alongside their kids, and another 20% appreciate uninterrupted time doing what they both enjoy.

Whether it’s reimagining socks or mugs as LEGO masterpieces, every LEGO brick-built gift becomes a playful experience, creating exciting gifts and lasting memories. This Father’s Day, skip the unexpected and craft cherished moments together. #BuildItWithHim

END

About the LEGO Group
The LEGO Group’s mission is to inspire and develop the builders of tomorrow through the power of play. The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

The LEGO Group was founded in Billund, Denmark in 1932 by Ole Kirk Kristiansen, its name derived from the two Danish words LEg GOdt, which mean “Play Well”. Today, the LEGO Group remains a family-owned company headquartered in Billund. However, its products are now sold in more than 120 countries worldwide.

For more news from the LEGO Group, information about our financial performance and responsibility engagement, please visit www.LEGO.com/aboutus.

Research Methodology

YouGov’s survey conducted on behalf of LEGO Group was undertaken by 1,006 respondents from 7th to 14th of May 2025. The respondents are all fathers living in UAE and have received a gift for Father’s Day. The survey was conducted online and was carried out using a structured quantitative questionnaire and was administered in Arabic or English as per the respondent’s preference.

About YouGov

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the US, the Americas, Europe, the Middle East, India and Asia Pacific, we have one of the world’s largest research networks.

The post THIS FATHER’S DAY, DADS DITCH THE USUAL PICKS FOR LEGO® BUILDING BRICKS! appeared first on Russia Trading.

• The new Land Cruiser Hybrid strengthens Toyota’s commitment to carbon neutrality while maintaining legendary off-road prowess
• New hybrid model retains Land Cruiser’s unmatched reliability, durability, and rugged performance, now enhanced with electrified power
• Launching first in the Middle East, the Land Cruiser Hybrid continues the region’s proud legacy with Toyota’s flagship SUV

Dubai, UAE – June 12, 2025: Al-Futtaim Toyota is proud to announce the launch of the new Land Cruiser Hybrid, the first hybrid electric model in the iconic Land Cruiser series, in the United Arab Emirates. Setting a new benchmark for electrified off-road vehicles, the new Land Cruiser fuses seven decades of heritage with Toyota’s cutting-edge hybrid technology, delivering enhanced performance while maintaining the unmatched reliability, durability, and all-terrain capability for which the Land Cruiser is renowned.

The regional premiere, which sees the new Land Cruiser Hybrid debut first in the Middle East before being unveiled globally, highlights the unique and enduring relationship between the region and the Land Cruiser nameplate. Since the model’s inception in 1951, the Land Cruiser has supported the lives and livelihoods of people across the globe, becoming an indispensable tool in some of the world’s harshest environments. 

The introduction of the Land Cruiser Hybrid marks a bold step toward Toyota’s vision for carbon neutrality under its multi-pathway approach, offering customers greater choice while ensuring that no compromises are made on capability or reliability. Building upon 28 years of leadership in hybrid technology, Toyota has applied its extensive expertise to create an off-roader capable of delivering superior power, driving refinement, and environmental benefits, all while staying true to the legendary Land Cruiser spirit.

Commenting on the launch, Jacques Brent, Managing Director of Al-Futtaim Toyota & Lexus, said: “Since its original launch in 2021, the fully remodelled Land Cruiser 300 Series has been so well received across the seven emirates, and we are deeply grateful for the continued support of Al-Futtaim Toyota’s valued customers. As the nation’s drive towards a carbon-neutral society accelerates, driven by the UAE Net Zero 2050 strategy, we recognised the importance of offering electrified vehicle options across our range of vehicles now including our flagship Land Cruiser. We are extremely excited and honoured to introduce this key milestone of the Land Cruiser to the Emirates, a nation whose valuable feedback has helped shape the model’s development over seven decades. This is only the beginning of our journey with Toyota, as we work together with them to bring the ultimate electric off roader to our customers in the UAE, continuously evolving it further with their insights and experiences.”

The new hybrid Land Cruiser Hybrid inherits the core DNA that has defined the series for generations, reliability, durability, and exceptional off-road performance, which has now been enhanced through electrification. The hybrid system introduces a 20% increase in torque and a 40% improvement in accelerator response compared to conventional powertrains, resulting in a driving experience that is more powerful, more linear, and more responsive across every terrain. Now boasting an impressive power output of 457hp and 790Nm through the combination of the efficient 3.5L Twin Turbo V6 and the parallel hybrid system, the new Land Cruiser Hybrid is the most powerful Land Cruiser to date, whilst offering exceptional efficiency.

Extensive development and real-world testing on global terrains, including the deserts, mudflats, and mountainous landscapes of the UAE, ensured that the Land Cruiser Hybrid remains capable of taking drivers anywhere and everywhere — and bringing them back safely. Invaluable lessons learned from Toyota’s participation in gruelling off-road rallies such as the Dakar Rally were also incorporated into the development process to enhance the vehicle’s endurance and performance in extreme conditions.

As a result, the Land Cruiser’s hybrid system has been designed to be infallible. Even in the unlikely event of hybrid unit failure, the vehicle can continue operating solely on the combustion engine, ensuring peace of mind in remote areas. The hybrid battery area has been specially waterproofed to maintain the Land Cruiser’s famed fording ability, allowing it to tackle rivers and water obstacles with confidence. 

The new Land Cruiser Hybrid is equipped with Electric Power Steering (EPS), which helps reduce the loss of steering control when driving off-road, provides a crisper steering feel, and improves maneuverability at low speeds. It also features a built-in 1500W AC inverter output, allowing direct access to household-grade power (220V), enhancing the vehicle’s utility for outdoor adventures by enabling the use of a wide range of electrical equipment powered directly from the vehicle.

Available on the VXR and GR-S trims, the Land Cruiser Hybrid offers options to suit different preferences and needs, whether customers seek luxury and prestige or the thrill of off-road exploration. The VXR features newly redesigned Hybrid Jet Black bumpers, while both models include the Rear HYBRID Beyond Zero and Sides 457TT badges.

The launch of the Land Cruiser LC300 Hybrid represents more than just the evolution of a legendary vehicle — it is a commitment to a future where Toyota continues to deliver solutions that meet customer needs without compromising its core values. By bringing electrification to its most trusted off-roader, Toyota reaffirms its dedication to creating vehicles that inspire trust, adventure, and enduring loyalty. As Toyota looks ahead to an era of sustainable mobility, the Land Cruiser Hybrid stands as a proud example of innovation rooted in tradition, offering customers across the United Arab Emirates, and the world, an even better way to explore new horizons.

-Ends-

Toyota UAE Social Media Handles 

Facebook: @ToyotaUAE

Instagram: @Toyotauae

YouTube: Toyota UAE

X: @Toyota_UAE

Notes to the Editor

About Al-Futtaim Toyota

Toyota, a Japanese automotive manufacturer founded in 1937, is the world’s market leader in sales of hybrid electric vehicles. Toyota has been exclusively distributed in the UAE by Al-Futtaim Automotive, part of Al-Futtaim Group, for over six decades, and has been leading the sustainable mobility movement since 2008. 

With a large line-up of vehicles ranging from SUV, compact, sedan, coupe, MPV and LCV, as well as a wide range of Hybrid options, Al-Futtaim Toyota is setting new benchmarks for clean motoring in an effort to actively contribute to a lower carbon footprint in the UAE. 2017 saw the introduction of the zero-emission hydrogen-powered Fuel Cell Electric Vehicle (FCEV) Toyota Mirai, in a pilot aiming at studying the possibilities of establishing a hydrogen-based, carbon-free society.

Toyota’s line-up features several hybrid vehicles including the sporty, practical and environmentally friendly RAV4, the C-HR, an innovative compact SUV, the seven-seater Highlander which is the brands biggest HEV to date, the powerful and efficient Corolla and the sleek and sophisticated Camry. 

In September 2019, after a 17-year wait, Al-Futtaim Toyota launched the new 2020 Toyota GR Supra in the UAE, much to the delight of fans and loyalists across the country. With the all-new fifth-generation model, the legendary name returned to set the roads ablaze with a comeback only fitting of the Toyota Supra story, with the 2021 version launching a year later in October 2020. 

In August 2020 Al-Futtaim Toyota shook up the lifestyle pickup segment with the introduction of the all-new eighth-generation Toyota Hilux Adventure. This was the first time ever that the Hilux is available as a retail model in the UAE, meaning that it is no longer limited to dominating the commercial-use sector.

For more information and to book a test drive of the latest Toyota models please visit www.toyota.ae  

About Al-Futtaim Automotive

Al-Futtaim Automotive, one of the main five operating divisions within the UAE-based Al-Futtaim Group of companies, is a conglomerate of motoring-related businesses, franchising some of the world’s most-recognized automotive brands and services.

Operating in 10 countries across the Middle East, Asia and Africa and empowered by around 9,000 associates, the UAE-headquartered Group’s services span across distribution of new and used vehicles, manufacturing, leasing, and aftersales.

Ranging from passenger cars to SUVs, commercial vehicles, industrial and construction equipment as well as motorbikes and quads, Al-Futtaim Automotive Group offers an integrative customer-centric experience for motorists, fleet operators and contractors alike, and strives to become the leader in tailor-made mobility solutions.

About Al-Futtaim Group 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates.

Structured into five operating divisions; automotive, financial services, real estate, retail, and health; employing more than 33,000 employees across more than 20 countries in the Middle East, Asia, and Africa, we partner with over 200 of the world’s most admired and innovative brands. 

Al-Futtaim Group’s entrepreneurship and relentless customer focus enable the organisation to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate. By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers every day. For more information, visit: www.alfuttaim.com 

Contacts for media:

Mazen Saab | Marketing Manager | Toyota | +971 50 398 4025 | Mazen.Saab@alfuttaim.com

Assaad Chehade | Senior Marketing Manager | + 971 50 7318418 | assaad.chehade@alfuttaim.com

Tony Sidgwick | Gambit Communications | +971 50 4653458 | tony@gambit.ae 

Lina Saeed | Gambit Communications | +971 58 5751699 | lina@gambit.ae 

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