NEWS DESK

MITCH EVANS FINISHES SECOND IN LONDON AS JAGUAR TCS RACING EXTEND POINTS LEAD

News Desk 22/07/2024

Pole sitter Mitch Evans finished second and took Fastest Lap in a drama filled race around the London ExCeL‘s 2.09km circuit, while Nick Cassidy fought his way up through the field from P17 on the grid to a seventh‑place finish.It was a dramatic race from the start with Mitch Evans controlling

NEWS DESK

WEHRLEIN TAKES CHAMPIONSHIP LEAD AHEAD OF FORMULA E’S SEASON 10 LONDON FINALE

News Desk 22/07/2024

Pascal Wehrlein of TAG Heuer Porsche clinched his third win of the season, propelling him to the top of the Drivers’ World Championship as the ABB FIA Formula E World Championship approaches the final race on Sunday 21 July. The German driver showcased a stellar performance, engaging in a close battle with Jaguar TCS Racing’s […]

NEWS DESK

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

News Desk 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 PNCI’s sukuk, issued by Sobha Sukuk Limited, from Ba3/stable to

NEWS DESK

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

News Desk 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 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 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 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 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 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 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 […]

NEWS DESK

Pearson’s PTE Academic Recommended by Canadian Nurse Regulators Collaborative

News Desk 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,

NEWS DESK

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

News Desk 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 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 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

NEWS DESK

BeiGene Announces Appointment of Aaron Rosenberg as Chief Financial Officer

News Desk 18/07/2024

BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the appointment of Aaron Rosenberg as Chief Financial Officer, effective July 22. Mr. Rosenberg will succeed Julia Wang, who is departing to pursue external opportunities and will stay with the Company through August to support the transition. “We are thrilled to […]

NEWS DESK

NORMA Group Working With Kinaxis to Orchestrate its Supply Chain

News Desk 18/07/2024

Kinaxis® Inc. (TSX: KXS), a global leader in end-to-end supply chain orchestration, today announced that NORMA Group, a leading provider of the world’s innovative clamps, connectors and fluid systems is working with Kinaxis to bring agility, transparency and speed to its supply chain. Germany-based NORMA Group operates 25 manufacturing plants globally, developing

NEWS DESK

Xsolla Mobile SDK Streamlines In-App Payments, as Well as Payments for Out-of-Store Alternative Distribution

News Desk 18/07/2024

Xsolla, a global video game commerce company, announces the launch of its Mobile Software Development Kit (SDK). Whether you want to expand your payment options, go direct-to-consumer/out-of-store, or simply improve your game’s revenue potential, Xsolla Mobile SDK is the gateway to efficiently and effectively achieve these goals. This release introduces a pivotal solution

NEWS DESK

KNIGHTHOOD STRENGTHENS CORE TEAM WITH TWO NEW EXECUTIVE APPOINTMENTS

News Desk 18/07/2024

Knighthood Global has appointed Michael Venus and Manish Raniga asdirectors of its Abu Dhabi based business.Both senior and experienced executives, their deep expertise will strengthen the core team anddiversify the broad advisory offering Knighthood provides to its government, private and public sectorclients.Michael Venus, who is a seasoned international public affairs

NEWS DESK

NTT DATA Unveils Ultralight Edge AI Platform

News Desk 18/07/2024

NTT DATA, a leading IT infrastructure and services company, unveiled its new Edge AI platform to accelerate IT/OT convergence by bringing AI processing to the edge. By processing data when and where it is generated and unifying diverse IoT devices, systems and data, this unique, fully managed solution enables real-time decisions, enhanced operational efficiencies and […]

NEWS DESK

Jaguar TCS Racing Accelerates into the Future with Google Cloud as Official Cloud Partner

News Desk 18/07/2024

Jaguar TCS Racing, the British race team competing in the all-electric ABB FIA Formula E World Championship, today announced Google Cloud as their Official Cloud Partner for the 2024/25 season. This collaboration will look to leverage Google Cloud’s cutting-edge artificial intelligence (AI) and Cloud technologies to bolster Jaguar TCS Racing’s performance both