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 …

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 …

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 …

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, …

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 …

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) …

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 …

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 …

LONDON: British Airways is embarking on a multi-million-pound investment programme to overhaul its ground support equipment at Heathrow Airport, as part of its commitment to reducing emissions both in the air and on the ground. The airline will gradually be replacing its ground vehicles at Heathrow, such as vans and cars, cargo transporters and passenger steps, moving towards hybrid or …

DUBAI: On 24 and 25 March, Emirates will be celebrating the most colourful festival in the world, wishing customers a happy Holi onboard select flights to India with refreshing Thandai drinks and sweet Holi treats. Emirates’ customers travelling to and from seven destinations in India – Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai, will enjoy the much-loved Indian sweet Kesar …