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NEWS DESK

The Estée Lauder Companies Completes Acquisition of DECIEM

The Estée Lauder Companies Inc. (NYSE: EL) (“ELC”) announced today that it has completed its acquisition of the Canadian-based, vertically integrated, multi-brand company DECIEM Beauty Group Inc. (“DECIEM”). ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in
NEWS DESK

Takeda’s TAK-861 Phase 2b Late-Breaking Data Presentations

Takeda (TSE: 4502/NYSE:TAK) will present today positive results from its Phase 2b trial of TAK-861 in narcolepsy type 1 (NT1) as late-breaking data presentations at SLEEP 2024, the 38th annual meeting of the American Academy of Sleep Medicine and the Sleep Research Society. TAK-861 is an investigational oral orexin receptor 2 (OX2R) agonist and, based on […]
NEWS DESK

PUMA Reveals Global Partnership With HYROX

Global sports company PUMA, has announced a worldwide partnership with HYROX, the world series of fitness racing. The partnership sees PUMA become the official apparel and footwear partner for all HYROX races from 2024 to 2027. PUMA has been a local partner to HYROX since the first ever race, held in Hamburg in 2018 with 600 […]
NEWS DESK

Mavenir, Qualcomm and EchoStar Achieve Industry-First 5G Open RAN RedCap Demonstration on the Boost Mobile Network

Mavenir, the cloud-native network infrastructure provider building the future of networks, Qualcomm and EchoStar successfully demonstrated the Reduced Capability (RedCap) 5G capabilities of its Open virtualized Radio Access Network (Open vRAN) solution on the Boost Mobile Network in the U.S. This milestone demonstration – delivered using Qualcomm’s Snapdragon® X35 5G
Pfizer
NEWS DESK

Five Year Follow-Up Data of Pfizer’s CROWN Trial Shows Prolonged Progression-Free Survival in ALK-Positive Advanced Lung Cancer

Pfizer has announced longer-term follow-up results from the Phase 3 CROWN trial, evaluating Lorlatinib, a lung cancer treatment in people with previously untreated, anaplastic lymphoma kinase (ALK)-positive advanced non-small cell lung cancer (NSCLC). After five years of median follow-up, median progression-free survival (PFS) based on investigator assessment showed an 81
Emirates Development Bank
NEWS DESK

Emirates Development Bank is the Highest Rated Bank in the UAE and MENA Region S&P Global raises EDB credit rating to ‘AA’

S&P Global raised its long-term issuer credit rating on Emirates Development Bank (“EDB” or “the Bank”),  to AA from AA-, with the outlook remaining ‘Stable’. Being the highest credit rating given to a financial institution in the UAE and across the MENA region, the upgraded rating from S&P places EDB with the highest rating among […]
UBF
NEWS DESK

4th Regulatory Conference focuses on initiatives and efforts in building secure and transparent banking

The fourth edition of the Regulatory Conference, organised by UAE Banks Federation, the sole representative and unified voice of UAE banks, focused on efforts to enhance compliance with laws, regulations and regulatory guidelines and to meet the highest standards of governance, transparency and risk management in the UAE banking sector. The annual event is part […]