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Business & Finance

Snowflake and Meta Partner to Deliver Next-Gen AI, Cuts Latency by 3x

By editor
July 26, 2024 UTC
in :  Business & Finance, News

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and …

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Dubai’s Air Chateau Forms Strategic Partnership With CRISALION Mobility To Accelerate Electric Air Taxi Services In The UAE

By editor
July 26, 2024 UTC
in :  Business & Finance, News, Travel

DUBAI: CRISALION Mobility, a European leader in the development of efficient, safe and sustainable electric mobility solutions, has today announced a partnership with Dubai-based private aviation operator Air Chateau, to support the development of electric air taxi services in the United Arab Emirates. Air Chateau’s pre-order of ten Integrity eVTOLs, announced today during both companies’ debuts at Farnborough International Airshow …

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Geobear is set to play a crucial role in UAE’s landmark projects, including the AED 18 billion ‘Blue Line’ Metro in Dubai

By editor
July 26, 2024 UTC
in :  Business & Finance, News

DUBAI: Geobear, the global pioneer in ground improvement technology, has begun operations in the UAE. With over 40 years of experience in ground improvement solutions, Geobear brings its non-invasive technology to address the growing needs of UAE’s booming construction sector. A growing market need: “Given the UAE’s rapidly expanding infrastructure, there is a growing need for non-disruptive ground stabilization methods,” …

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Transforming Dubai Real Estate: Elite Merit Launches with a Commitment to Innovation and Transparency

By editor
July 26, 2024 UTC
in :  Business & Finance, News

DUBAI: Elite Merit Real Estate proudly announces its entry into the Dubai real estate market, bringing a fresh and innovative approach to property transactions. Founded by Shadi Rimeh, Elite Merit plans to enhance the real estate service with transparency, integrity, education and technology. Co-founders Shadi Rimeh and Elkhan Salikhov identified a need for substantial improvements in the industry, aspiring to …

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flynas signs agreement for additional 75 A320neo Family aircraft and 15 A330neo

By editor
July 26, 2024 UTC
in :  Business & Finance, News, Travel

FARNBOROUGH, UK: flynas, Saudi Arabia’s leading low-cost carrier, has signed a Memorandum of Understanding (MoU) with Airbus for 75 A320neo family aircraft and 15 A330-900. This strategic agreement will expand the airline’s capacity, range and enhance its overall fleet capabilities. Signed during Farnborough International Airshow in the presence of  President of the General Authority of Civil Aviation (GACA) of Saudi …

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Saudi Arabia Leads GCC Travel Growth to India: Wego Reports 40% Increase in Flight Searches

By editor
July 26, 2024 UTC
in :  Business & Finance, News, Travel

RIYADH: Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA) revealed the growing travel interest to India in the first half of 2024. Wego’s data from January to June 2024 showed a 40.71% YoY increase in searches for international flights to India. International flight searches to India on Wego …

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Sri Lanka and Pakistan Unite for Innovation: Lake Grand Project Takes Center Stage

By editor
July 26, 2024 UTC
in :  Business & Finance, News, Travel

COLOMBO/KARACHI: The Sri Lanka Consulate General in Karachi, in collaboration with the Sri Lanka Convention Bureau, proudly announces a strategic partnership between Sri Lankan enterprises and the OBOR Group for the Lake Grand Project in Karachi. This alliance marks a significant milestone in strengthening economic relations between Sri Lanka and Pakistan, fostering a promising future of cooperation. The   OBOR Group is …

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Genesis Rolls Out All-New G80 Series in the UAE

By editor
July 25, 2024 UTC
in :  Business & Finance, News

DUBAI: The exclusive dealer for Genesis in the UAE, Juma Al Majid LLC, has unveiled the G80 – an ultra-modern luxury sedan. Seamlessly blending tradition and innovation, this model exemplifies Genesis’ enduring pursuit of superior design, state-of-the-art technology, and unmatched luxury. The brand new G80 signifies a pivotal moment in bringing Korean automotive excellence to the UAE, resonating the brand’s …

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Al Ansari Exchange Launches Corporate Tax Collection Service at All Branches in UAE

By editor
July 25, 2024 UTC
in :  Business & Finance, News

Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI], has launched its corporate tax collection service across all its branches in the UAE. The new service is designed to provide a convenient method for businesses to meet their tax obligations while ensuring compliance with UAE …

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Czechia Prepares for Record-Breaking Tourism Season in 2024

By editor
July 25, 2024 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Czechia is gearing up for another remarkable tourism season, set to surpass last year’s record-breaking visitor numbers. With over 22 million tourists in 2023, this year promises even greater numbers, strengthening the country’s status as a premier European destination. Prague, the capital city, is at the heart of this tourism boom, attracting visitors from all over the …

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SAMANA Developers Reinforces Commitment to Uninterrupted Project Deliveries and Construction Milestones in 2026

editor
April 6, 2026 UTC

SAMANA Developers on Track for 6 Project Deliveries in 2026 and 11 in 2027 …

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