NEWS DESK

Corona Cero Brings Same Seats as from Olympic Games Venues to Iconic Sunset Destinations Around the World

News Desk 2 23/07/2024

Today, Corona Cero, the global beer sponsor of the Olympic & Paralympic Games, unveils its Golden Venues activation, bringing the same seats as from the Olympic Games venues in Paris to iconic travel destinations across four continents. This initiative invites fans to reconnect with nature

NEWS DESK

BLACK+DECKER®️ opens its first brand store in the world in Dubai

News Desk 2 23/07/2024

The world’s first BLACK+DECKER ®️ brand store is now open at Al Ghurair Center, Dubai. This strategic move marks a significant milestone in BLACK+DECKER ®️ ambitious expansion strategy and aligns with its vision to elevate retail footprint, getting closer to consumers and double its revenue growth. This also marks the first home appliance brand to […]

NEWS DESK

COOLMAX® EcoMade Fiber Makes Summer Games Debut in Paris

News Desk 2 23/07/2024

The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and textile industry, has announced that its COOLMAX® EcoMade fiber made from 100% textile waste is a key ingredient in the Brazilian Volleyball team’s indoor and beach jerseys for the 2024 Summer Games in Paris. Body Work, a fitness

NEWS DESK

Nitya Unlocks Value through a $218 Million Refinancing

News Desk 2 23/07/2024

Nitya Capital, LLC an international real estate investment firm headquartered in Houston, continues to successfully navigate the challenging capital market by closing a refinancing of $218 million, paying off loans across seven assets. This accomplishment further strengthens lenders’ trust and confidence in Nitya’s execution capabilities, both operational and financial.

NEWS DESK

BeiGene Opens Flagship U.S. Biologics Manufacturing and Clinical R&D Facility

News Desk 2 23/07/2024

BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the opening of its flagship U.S. facility in Hopewell, N.J., at the Princeton West Innovation Campus, which houses state-of-the-art biologics manufacturing capabilities and a clinical research and development center that further bolster the Company’s differentiated model as

NEWS DESK

Arabian Ethicals Expands Operations at Dubai Silicon Oasis

News Desk 2 23/07/2024

Arabian Ethicals, which serves from within Ghobash Group, a progressive and diversified UAE-based business conglomerate, today announced the expansion of its operations in Dubai Silicon Oasis (DSO), the specialised economic zone for innovation and knowledge and member of the Dubai Integrated Economic Zones Authority (DIEZ). As a leading provider of healthcare solutions and

NEWS DESK

Gulf Oil Middle East Drives Further Expansion in the Region

News Desk 2 23/07/2024

Gulf Oil Middle East recently held its second Annual Distributor Convention at Jumeirah Mina Al Salam, bringing together distributors and partners across the Middle East and CIS region. This event highlighted Gulf Oil Middle East’s dedication to fostering collaboration and growth with its partners. Building on the success of last year’s inaugural convention, this

NEWS DESK

Ajman Department of Finance Participates in “Our Happy Summer 2024” With the “Digital Adventure” Programme

News Desk 2 23/07/2024

The Ajman Department of Finance has introduced the “Digital Adventure” programme at the “Ajman X” Centre, marking the beginning of its participation in the fifth edition of “Our Happy Summer 2024,” part of the Ajman Government’s summer initiative. This programme aims to enrich the summer experience for the Ajman community across

NEWS DESK

Stellantis strengthens its grip on the Moroccan market with Sopriam acquisition, a subsidiary of the Al Mada Group

News Desk 2 23/07/2024

In a strategic move, Stellantis has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS Automobiles brands […]

NEWS DESK

How could markets react to Trump’s potential victory in US elections?

News Desk 2 23/07/2024

Donald Trump, the Republican presidential contender and former US president, has emerged as a new influential force in the financial markets in the recent past, and his chances of winning the US presidential election in 2024 are being closely watched. These prospects have grown recently due to certain developments that have taken place in American […]

NEWS DESK

Samsung TV Plus Launches in the UAE, Bringing Premium Free Entertainment to Samsung TVs

News Desk 2 23/07/2024

Samsung Gulf Electronics is excited to announce the launch of its Samsung TV Plus in the UAE; a free ad-supported TV (FAST) and video service, offering a host of live channels and content across diverse genres, including news, sports, and entertainment, across the Samsung TV platform.   Launched in 2015 globally, Samsung TV Plus is […]

NEWS DESK

Trend Micro and Intel Partner to Deliver Groundbreaking AI-Powered Security for the MMEA Market

News Desk 2 23/07/2024

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, announced a strategic partnership with Intel to bring cutting-edge, AI-enabled security solutions to consumers across the region, empowering them to safely navigate the ever-evolving digital landscape. Through this collaboration, Trend Micro will integrate Intel’s

NEWS DESK

Introducing a Globally Inspired Wellness and Beauty Destination Redefining Dubai’s Modern Day-Spa Experience

News Desk 2 23/07/2024

Beyond top-tier beauty treatments, Casa Aire Wellness, a lifestyle, wellness and beauty hub dedicated to bringing the best global beauty treatments to the UAE’s glamorous set, is now open across a sprawling two-level space. Nestled in the heart of Dubai Marina, the UAE’s picturesque backdrop well known amongst jet setters, the homegrown beauty, spa and […]

NEWS DESK

Global Stock Markets See Mixed Results; Gold Prices Drop Amid Stronger Dollar and Anticipation of U.S. Economic Data – APM Capital Market Report – Mark Pussard, Head of Risk, APM Capital

News Desk 2 23/07/2024

On Monday global stock markets experienced mixed results, with significant gains in some regions and notable losses in others. Overall, European bourses showed strong performance, while Asian markets experienced mixed outcomes with several indices declining. One of the biggest losers on the day was Irish carrier Ryanair which plummeted 17.15 percent after reporting net

NEWS DESK

ECI calls on UAE-based manufacturers, exporters and re-exporters to capitalise on its ‘Xport Xponential’ initiative for global expansion

News Desk 2 23/07/2024

Etihad Credit Insurance (ECI), the UAE Federal export credit company, is calling upon UAE-based companies to capitalise on its groundbreaking initiative, ‘Xport Xponential’, aimed at expanding their footprint in global markets. This initiative, open for registration until September 25, 2024, offers participating companies access to streamlined procedures, innovative

NEWS DESK

Vertiv Expands Single-Phase UPS Portfolio for Distributed IT Networks and Edge Computing

News Desk 2 23/07/2024

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today introduced 1kVA to 3kVA capacities of the Vertiv™ Liebert® GXE, an online double conversion, single-phase uninterruptible power supply (UPS) for 230V applications designed to support critical applications deployed at the network edge.​ With the addition of the new

NEWS DESK

Scalo Technologies backs new initiative to boost global entrepreneurship, internship drive

News Desk 2 23/07/2024

UAE tech venture firm joins hands with Young Founders School in missionto change the way entrepreneurship is taught UAE Tech venture company Scalo Technologies is backing a new initiative to make entrepreneurship education and internship experiences accessible to secondary school students worldwide. The company has joined hands with the Young Founders School (YFS) to help

NEWS DESK

Bybit CEO: Bybit Records Remarkable Growth with 37 Million Users

News Desk 2 23/07/2024

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is celebrating explosive growth alongside 37 million loyal users! In a rousing biannual keynote address, Bybit CEO Ben Zhou unveiled the exchange’s remarkable achievements and ambitious vision for the future, fueled by the unwavering support of its global community. Bybit will be

NEWS DESK

Open Innovation AI Announces Strategic Collaboration with AMD to Advance AI and GPU Orchestration

News Desk 2 23/07/2024

Open Innovation AI, a premier AI orchestration platform provider, has today announced a strategic collaboration with AMD (NASDAQ: AMD), the high performance and adaptive computing leader. As part of this program, Open Innovation AI intends to utilize AMD Instinct™ GPUs to advance AI model development and deployment. Combining AMD Instinct™ data center GPU technology with

NEWS DESK

Qashio and Landmark Group’s Shukran Loyalty Program Announce Strategic Partnership

News Desk 2 23/07/2024

Qashio, the leading Spend Management software and corporate card provider in the UAE, is excited to announce a strategic partnership with Landmark Group’s Shukran Loyalty Program, one of the region’s largest and most beloved retail loyalty programs. This collaboration will allow Qashio users to seamlessly exchange their Qashio Points for Shukrans, enhancing the value and