NEWS DESK

Moody’s Ratings affirms PNC Investment’s (Sobha Realty) Ba3 CFR

News Desk 2 22/07/2024

PNC Investments LLC (PNCI), the parent company of Dubai-based residential developer Sobha Realty, received an affirmation of Ba3/stable corporate family rating (CFR) from Moody’s Ratings, an international rating agency. Additionally, the agency has upgraded the senior unsecured rating of

Sport

Paris 2024 equips spectators for Olympic experience

News Desk 2 22/07/2024 0

3 must-have apps launched With the Paris 2024 Olympic Games just a week away, organisers are gearing up to ensure a seamless experience for all attendees. Spectators are urged to prepare using essential tools outlined by the committee. Key apps and guides The Paris 2024 Tickets app requires spectators to log in and assign each […]

Sport

Sports stars descend on 2024 Hankook London E-Prix

News Desk 2 22/07/2024 0

In grand celebration of motorsport This weekend, the Hankook London E-Prix drew a constellation of sports and entertainment luminaries to its electrifying circuit. The London E-Prix electrifies the capital’s streets, blending speed and sustainability in a thrilling showcase of Formula E racing. Amidst iconic landmarks, electric cars hum through hairpin turns,

Sport

Paris 2024 unveils ‘Celebration Edition’ of iconic posters

News Desk 2 21/07/2024 0

The release is on July 25, 2024 Paris 2024, in collaboration with acclaimed illustrator Ugo Gattoni, is set to captivate art enthusiasts and Olympic fans with a unique ‘Celebration Edition’ of its iconic posters, marking a continuation of their successful partnership. Following the overwhelming reception of the original designs, this limited edition, titled the

Business Telecom

beOnd Airlines and Ooredoo Maldives in new collaboration

News Desk 2 20/07/2024 0

To elevate the travel experience for island visitors beOnd Airlines, the world’s first premium leisure airline, has partnered strategically with Ooredoo Maldives, a leading international telecommunications provider. Effective August 2024, all travellers flying with beOnd Airlines to the Maldives will receive an exclusive travel SIM card courtesy of Ooredoo Maldives,

Tech

10 AI terms you should know about in 2024

News Desk 2 20/07/2024 0

The lexicon of AI is evolving rapidly Since its explosion into mainstream awareness in late 2022, generative AI (GenAI) has transformed our understanding of technology, enabling more accessible interactions with computers through natural language. A growing number of people around the globe, including the Middle East, now tend to grasp concepts like ‘prompts’ and ‘machine

Cybersecurity

Cyber outage creates chaos around the world on July 19, 2024

News Desk 2 20/07/2024 0

Hits flights, banks, telecoms, media A widespread disruption caused by a software update sent shockwaves through global computer systems on July 19, 2024, resulting in grounded flights, interrupted broadcasts, and significant disruptions across banking, healthcare, and other essential services. The incident was triggered by a routine update to a product offered by leading

NEWS DESK

Family Development Foundation enhances media skills through ‘Future Media Personality’ initiative

News Desk 2 19/07/2024

The Family Development Foundation (FDF) launched the training program under its ‘Future Media Personality’ initiative across all regions, including Abu Dhabi, Al Ain, and Al Dhafra. This move aligns with the Foundation’s unwavering commitment to fostering skilled media professionals by integrating talents into society and leveraging their capabilities for personal growth

NEWS DESK

3DXB Group Highlights Positive Outlook in UAE Construction Sector with Advanced 3D Printing Solutions

News Desk 2 19/07/2024

3DXB Group, a pioneering leader in 3D printing solutions for the construction industry, is poised to capitalize on the UAE’s resilient construction market, which remains firmly positive with a project pipeline valued at $590 billion. Despite global challenges, the sector is seeing significant growth, particularly in residential and mixed-use projects, accounting for

NEWS DESK

Samsung Releases Galaxy Brand Anthem ‘Open Always Wins’ With TOMORROW X TOGETHER

News Desk 2 19/07/2024

Samsung Electronics Co., Ltd., is set to release a new single called “Open Always Wins” in collaboration with K-Pop icons TOMORROW X TOGETHER (TXT), consisting of SOOBIN, YEONJUN, BEOMGYU, TAEHYUN, and HUENINGKAI. The new Galaxy brand anthem, which was first teased at Galaxy Unpacked last week, champions the pursuit of goals with an open mind, […]

NEWS DESK

Family at the Heart of LG’s Latest Campaign life’s Good When You Get More Care

News Desk 2 19/07/2024

LG Electronics (LG) has today announced its new campaign of short videos under the “Life’s Good” brand slogan, titled Get More Care, following the success of previous themes “Get More Love” and “Get More Magic”, aimed at highlighting how LG products enable small gestures of love and care among family members so that they can […]

NEWS DESK

HONOR Launches Snapchat Lens to Showcase Mesmerizing Portrait Photography of HONOR 200 Series

News Desk 2 19/07/2024

Global technology brand HONOR is thrilled to announce the release of a custom Snapchat Lens for the launch of the HONOR 200 Series in United Arab Emirates and Kingdom of Saudi Arabia. The Snapchat Lens will allow users to explore the innovative camera capabilities and AI Portrait features of HONOR 200 Series in an engaging […]

NEWS DESK

Hisense Achieves Top Market Share in Middle East and Africa for Refrigerators

News Desk 2 19/07/2024

According to the latest survey conducted by Euro Monitor, Hisense, the global leader in home appliances and consumer electronics, has emerged as the number one refrigerator brand in the Middle East and Africa region in 2023. This significant achievement highlights Hisense’s strong market presence, surpassing other leading brands in the region. The survey reflects the

NEWS DESK

RAKBANK issues first ever public Social Bond in the GCC

News Desk 2 19/07/2024

RAKBANK is pleased to announce the successful issuance of its 5-year Euro Medium-Term Note (EMTN) Bond under its Social Finance Framework. Given the very strong demand and investor interest, it was oversubscribed by more than 3X allowing us to upsize the issue to USD 600MM and tighten the pricing by 35bps to USTs + 135bps. The […]

Logistics

Aid delivery to Gaza shifts to land route from Ashdod Port

News Desk 2 19/07/2024 0

US military ends temporary dock operation The US military’s temporary maritime operation to deliver humanitarian aid to Gaza has successfully concluded. The operation, which utilised a temporary dock known as Joint Logistics Over-the-Shore, completed its mission efficiently and effectively. In a statement, US Deputy Commander Brad Cooper confirmed that future aid

NEWS DESK

Pearson’s PTE Academic Recommended by Canadian Nurse Regulators Collaborative

News Desk 2 19/07/2024

Pearson (FTSE: PSON.L), the world’s lifelong learning company, has achieved a new recognition for PTE Academic. The Canadian Nurse Regulators Collaborative (CNRC) recommended that PTE Academic is included in the accepted tests for internationally trained nurses applying for registration in Canada. The Pearson Test of English (PTE) Academic is a two-hour,

Aviation Logistics

Silk Way Airlines airlifts 2 Beluga whales from Ukraine to Spain

News Desk 2 19/07/2024 0

Involving complex logistics mission Silk Way Airlines has successfully transported two Beluga whales from Ukraine to their new sanctuary in Spain. This challenging mission, executed under adverse conditions such as the ongoing military conflict in Ukraine, underscores the Baku, Azerbaijan-headquartered airline’s commitment to animal welfare and proficiency in

NEWS DESK

BYD Thailand Factory Inauguration and Roll-off of Its 8 Millionth New Energy Vehicle

News Desk 2 18/07/2024

On July 4, BYD celebrated the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle in Rayong, Thailand, marking two milestones in the company’s global expansion. The ceremony was attended by Ms. Pimphattra Wichaikul, Thailand’s Minister of Industry; Mr. Han Zhiqiang, Chinese Ambassador to Thailand; Mr. Narit

NEWS DESK

Absa Bank Reaffirms LTIMindtree as a Strategic Technology Partner in its Transformation Journey

News Desk 2 18/07/2024

LTIMindtree[NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced a multi-million dollar contract extension with Absa Bank, a leading African financial services group. This reinforces LTIMindtree’s position as Absa Bank’s trusted strategic technology partner. The extended partnership builds upon a successful 17-year

NEWS DESK

New Esri Press Book by Jack Dangermond Explores Creating a Better Future through Modern GIS

News Desk 2 18/07/2024

Esri, the global leader in location intelligence, today announced the publication next month of The Power of Where: A Geographic Approach to the World’s Greatest Challenges. Written by Esri president Jack Dangermond with a dedicated Esri team and numerous contributors, this important new book explores the geographic approach—a way of solving problems using