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Business & Finance

Electronic waste rising five times faster than documented e-waste recycling: UN

By editor
March 21, 2024 UTC
in :  Business & Finance, News

​News Desk GENEVA: The world’s generation of electronic waste is rising five times faster than documented e-waste recycling, the UN’s fourth Global E-waste Monitor (GEM) reveals today. The 62 million tonnes of e-waste generated in 2022 would fill 1.55 million 40-tonne trucks, roughly enough trucks to form a bumper-to-bumper line encircling the equator, according to the report from ITU and …

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American Airlines enhances inflight connectivity and entertainment, will introduce AAdvantage redemption

By editor
March 21, 2024 UTC
in :  Business & Finance, News, Travel, World

American continues to make its high-speed inflight Wi-Fi more accessible and easier to use, whether customers connect to work or browse the internet. From introducing a new way for AAdvantage® members to use their miles to consistently improving the inflight connectivity and entertainment experience, customers can look forward to making the most of their time onboard. Coming soon: redeem miles …

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e& UAE and Corning unveil transformative Fibre-to-the-Yacht (FTTY) collaboration

By editor
March 21, 2024 UTC
in :  Business & Finance, News

ABU DHABI: e& UAE, the telecom arm of e&, and Corning Incorporated, a global leader in optical-communications innovation, have collaborated to introduce Fibre-to-the-Yacht (FTTY) connectivity at Yas Marina. The collaboration seamlessly integrates e& UAE’s advanced solutions with Corning’s cutting-edge pre-terminated fibre optic cables, bringing transformative connectivity to the water’s edge. With the introduction of e& UAE’s FTTY solution, 138 yachts were …

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El Gouna and Heazy Skate Park Unite to Forge Africa’s Largest Skate Park in El Gouna

By editor
March 20, 2024 UTC
in :  Business & Finance, News

CAIRO: El Gouna, the fully integrated and sustainable town by Orascom Development by the Red Sea partnered with Heazy Skate Park to create the biggest skatepark in Africa. The announcement took place during Egypt Sports Expo on March 8, 2024. Supported by the Ministry of Youth and Sports, this collaboration aims to establish the largest skate park in Africa. The …

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Destination Germany Records 15% Growth from GCC Markets In 2023

By editor
March 20, 2024 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: The German National Tourist Office (GNTO) today announced a stellar performance for Destination Germany, reflecting a robust recovery trajectory and heightened appeal among travellers from the Gulf Cooperation Council (GCC) countries. With an impressive 15% increase in overnight stays from GCC travellers in 2023, totalling 1,297,256, Germany reinforces its position as a premier global destination. The fourth …

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MANTRA Completes $11M Round Led by Shorooq Partners to Accelerate RWA Tokenization

By editor
March 20, 2024 UTC
in :  Business & Finance, News

DUBAI: MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of a new funding round. Top venture and technology investor in the MENA region, Shorooq Partners, led the $11M investment round. Additionally, a diverse range of strategic investors such as Three Point Capital, Forte Securities, Virtuzone, Hex Trust, GameFi Ventures, Caladan, Token Bay Capital, …

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Emirati and Indian Nationals Win US$1 Million Each in Dubai Duty Free Millennium Millionaire Promotion

By editor
March 20, 2024 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: An Emirati national and an Indian national have been announced as the new dollar millionaires at the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draw, held today at Concourse A of Dubai International Airport. Mr. Mohammed Al Shehi, an Emirati national based in the UAE became a US$1 million winner, in Millennium Millionaire Series 454 …

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PSX Marks Listing of BankIslami Pakistan’s Ehad Sukuk II with a Gong Ceremony

By editor
March 20, 2024 UTC
in :  Business & Finance, News

Pakistan Stock Exchange (PSX) held a gong ceremony at the Exchange to mark the listing of BankIslami Pakistan Limited’s Islamic financial instrument of Ehad Sukuk II, a fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible Mudaraba Sukuk. The issue size was of PKR 1,000 million, out of which Sukuks of PKR 850 million (85% of issue size) …

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Uppercase Legal Makes Senior Promotions to Bolster Market Presence

By editor
March 20, 2024 UTC
in :  Business & Finance, News

DUBAI: Uppercase Legal Advisory DMCC today announced the promotion of three key executives to strengthen the footprint of the firm in the local UAE market. The company aims to expand into the wider Middle East region. Three executives are capable leaders in their respective legal practices. With a diverse knowledge base and background of the UAE’s legal industry, Mr. Ratmir …

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90 AI Apps Were Built Per Day in 2023 According to New Snowflake Report

By editor
March 20, 2024 UTC
in :  Business & Finance, News

DUBAI: Large language models (LLMs) are increasingly being used to create chatbots, according to Data Cloud company Snowflake. As generative AI continues to revolutionize the industry, chatbots have grown from being approximately 18 percent of the total LLM apps available, to now encompassing 46 percent as of May 2023 — and that metric is only climbing. In addition, after surveying …

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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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