Author: Mahdeehassan
Abu Dhabi, United Arab Emirates: Al Yah Satellite Communications Company PJSC (“Yahsat”or the “Group”), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six month period ended 30 June 2024. Whilst revenue marginally fell by 3% versus the prior year to AED 734 million [USD 200 million], EBITDA surged by 25% to AED 566 million [USD 154 million]. Net income also increased strongly by 62% to AED 269 million [USD 73 million]. On a normalised basis, adjusting for material, one-off items to allow for like-for-like…
Dubai, UAE, August 2024: The 26th Water, Energy, Technology and Environment Exhibition (WETEX) will feature an intensive technical programme on sustainability in the oil and gas sector over its three days. Organised by Dubai Electricity and Water Authority (DEWA) under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, WETEX will take place from 1 to 3 October 2024 at the Dubai World Trade Centre. Dragon Oil, the exploration and production platform wholly owned by the Dubai Government and the Knowledge Partner of WETEX 2024, in collaboration with the…
Nurlan Yermekbayev The Shanghai Cooperation Organization (SCO) is a unique international entity that traces its roots back to the Shanghai Five, which was founded by five countries: the People’s Republic of China, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. These nations initially collaborated to foster an atmosphere of trust and stability along their national borders. By the end of the 20th century, having achieved these goals, the leaders of the Shanghai Five decided to extend their cooperation into a fully-fledged international organization. Thus, in 2001, in Shanghai, the leaders of six countries signed documents formalizing the creation of the SCO. China’s role…
Dubai, UAE July 2024: Silicon Central, the premier shopping destination in Dubai, is pleased to announce a strategic collaboration with Hala Taxi, aimed at enhancing customer satisfaction. This partnership introduces a special offer of 25% off on the first three rides using the Careem app to and from Silicon Central, providing customers with a more convenient and efficient transportation option. This partnership addresses existing transportation challenges. Silicon Central has been experiencing significant issues due to taxi shortages, which have led to extended wait times for customers. The collaboration with Hala Taxi is intended to effectively manage these challenges and ensure…
CARIO, Egypt, July- KONE (www.KONE.eg), a global leader in the elevator and escalator industry, is thrilled to announce the appointment of Loay Dajani as the Managing Director for KONE Middle East, Turkey, and Africa (KMTA). With over 25 years of extensive experience and a proven track record of success, Dajani joins KONE from ABB, a pioneering technology leader in electrification and automation, where he spent 18 years in various leadership roles. Dajani brings a wealth of knowledge and expertise to KONE, having held numerous senior positions throughout his career. His leadership is expected to further elevate KONE’s operations and enhance…
Dubai, United Arab Emirates, July 2024 – Plaza Premium Group (PPG), the global leader in integrated, 360 airport hospitality experiences, operating the world’s largest network of airport lounges, hotels, and dining concepts, proudly announces its groundbreaking partnership with Numero Uno, a premier regional supplier of exceptional caviar and select gourmet foods. The collaboration is set to introduce a new standard of culinary luxury at airport lounges, seamlessly blending world class hospitality with an exquisite selection of the finest caviar. According to Song Hoi-See, Founder and CEO of Plaza Premium Group, the partnership marks a significant milestone in enhancing the brand’s high-end…
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced details of several notable achievements during the first half of 2024. The chamber’s continuing strong performance reflects the positive impact of its drive to advance Dubai’s economic development and achieve the ambitions of the Dubai Economic Agenda (D33). A total of 34,075 new companies joined as members of Dubai Chamber of Commerce during H1 2024, representing year-over-year (YoY) growth of 5%. The figures reflect the dynamism of Dubai’s business environment and the emirate’s high levels of competitiveness in attracting foreign…
July, 2024 – 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 open sourcing the inference system stack to enable real-time, high-throughput inference and further democratize powerful natural language processing and generation applications. Snowflake’s industry-leading AI Research Team has optimized Llama 3.1 405B for both inference and fine-tuning, supporting…
Malé, Maldives: A holiday in the Maldives is infamous for its lush flamboyance. Whether you’re a seasoned adrenaline junkie or a first-time thrill-seeker, the Maldivian waters beckon with promises of excitement and awe. Here are the top five activities that make the Maldives an ideal destination for an unforgettable adventure. Cinnamon Hotels & Resorts’ four remarkable resort islands—Cinnamon Vellifushi Maldives, Cinnamon Dhonveli Maldives, Cinnamon Hakuraa Hurra Maldives, and Ellaidhoo Maldives by Cinnamon—have an irresistible offer tailored for travellers seeking a thrill-packed escape. Beneath the surface of the Maldives’ crystal-clear waters lies a world of wonder waiting to be explored. With…
The Abu Dhabi Businesswomen Council (ADBWC), a subsidiary of the Abu Dhabi Chamber of Commerce and Industry, has signed a memorandum of understanding (MoU) with the Abu Dhabi based Sky Key Management Consultancy to enable and empower businesswomen and female entrepreneurs with strategic insights, offering them innovative solutions to help them succeed while enhancing their competitiveness within the business ecosystem. With a mission to empower businesses with strategic insights and innovative solutions, Sky Key Management Consultancy will provide members of the ADBWC complimentary consultations and discounts on an array of comprehensive tailored advisory services, as well as complimentary training sessions…