EITC Announces its Q2 and H1 2020 Financial Results Reporting

تعلن شركة الإمارات للاتصالات المتكاملة  عن نتائجها المالية

a Net Income of AED 570 million and a Total Revenues of AED 5.66 Billion ·         Revenues and Net Income impacted by movement restrictions, low business activities and shift in customer behavior due to COVID-19 ·         Accelerated transformation program and maintained deployment plans, to sustain long-term value creation ·         Board of Directors approved the distribution to shareholders of an interim dividend of AED 589 million, resulting in an interim dividend per share of 0.13 AED Dubai, UAE, 21 July 2020 – Emirates Integrated Telecommunications Company PJSC (“EITC”) published today its…

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Northern Trust Appointed by Azimut (DIFC) Limited to Deliver Asset Servicing and Portfolio Reporting Services

Northern Trust Appointed by Azimut (DIFC) Limited to Deliver Asset Servicing and Portfolio Reporting Services

ABU DHABI, United Arab Emirates & DUBAI, United Arab Emirates–-(BUSINESS WIRE/AETOSWire)— Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre (DIFC) funds in the Middle East. Azimut (DIFC) Limited’s Dubai-managed funds provide its investors with access to a range of investment strategies, private wealth solutions and mutual funds, both proprietary and third-party. As custodian for its DIFC fund range, Northern Trust will deliver portfolio reporting and local servicing in its client’s…

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SmartStream the First to Launch a Comprehensive Intraday Liquidity Stress Testing on Demand Solution

SmartStream the First to Launch a Comprehensive Intraday Liquidity Stress Testing on Demand Solution

LONDON–(BUSINESS WIRE/AETOSWire)— SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its Intraday Liquidity Stress Testing module, part of the TLM Cash and Liquidity Management suite of products. Carrying out a stress test and running it can take up to eight weeks, with the new module it allows banks to run this in minutes – which is essential for refining the scenario, making real-time decisions, reporting and risk analysis. SmartStream commissioned research from Baringa Partners, a management consultancy firm, and the report highlighted that if a bank could cut its…

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Acronis Acquires DeviceLock to Add Data Leak Prevention and Device Control to Growing Cyber Protection Portfolio

Acronis Acquires DeviceLock to Add Data Leak Prevention and Device Control to Growing Cyber Protection Portfolio

DUBAI, United Arab Emirates, (AETOSWire) – Acronis, a global leader in cyber protection, today announced the acquisition of DeviceLock, Inc., a leading provider of endpoint device/port control and data leak prevention software for enterprises and government institutions around the world. As part of the agreement, DeviceLock will become a wholly-owned subsidiary of Acronis. A clear leader in endpoint data loss prevention (DLP) protecting 4 million computers in more than 5,000 organizations worldwide, DeviceLock enjoys a global customer presence across a wide variety of business types, including banking and finance, medical,…

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Schneider Electric Partners with Jumia for E-Commerce in Algeria

“شنايدر إلكتريك” توقع اتفاقية شراكة مع “جوميا”

APC uninterruptible power supply products are now listed on Jumia platform; consumers and businesses across Algeria can expect delivery within a week Algiers, Algeria, 21 July 2020: Schneider Electric’s line of APC uninterruptible power supply solutions are now available and on sale for both consumers and businesses in Algeria following an agreement between the company’s distributors and Jumia, the largest e-commerce platform in Africa. Jumia customers will be able to buy APC products online from the comfort of their home or their office and receive the products within a week…

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Max Fashion: smarten up the kids this Eid Al Adha

ماكس فاشن: أزياء مميزة تعزز أناقة أطفالك في عيد الأضحى المبارك

Check out Max Fashion’s latest range for key children’s pieces with excellent value         21 July 2020, UAE – Eid Al Adha is a special occasion that is fast approaching and mums across the UAE are getting ready to celebrate tradition while searching for the best clothing items for their children to wear. As the region’s leading value fashion retailer, Max Fashion is gearing up for the special occasion by releasing a brand new collection for children which offers high quality at fantastic value. Whether those doing the shopping want…

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Creating a 5G future: The role of connectivity during a pandemic

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By: Rakesh Lakhani: Head of Networks Solutions, Ericsson Middle East and Africa The new normal is digital, and digital is the only direction we can expect consumers to go in the foreseeable future! Meeting this challenge will mean optimizing efficiency of ICT networks – a digital transformation. And success in this transformation to digital depends upon service providers being able to deliver excellence in mobile communications. The COVID-19 pandemic has had a substantial impact on people in many countries and their daily lives, but consumers see resilient networks as a…

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Liverpool FC launches global partnership with Mauritius

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Jeddah, Saudi Arabia, 21 July 2020: Liverpool FC has announced a new global partnership with the Mauritius Tourism Promotion Authority and Economic Development Board Mauritius as the club’s official tourism and economic development partner.   The deal forms part of the country’s drive to become a leading global tourist destination and business hub of Africa. The three-year partnership will see Mauritius benefit from a range of LFC digital, social media and marketing assets.   As well as being one of the top premier luxury holiday destinations in the world with one…

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Sahab Smart Solutions appointed technology partner for Sharjah Education Academy

“سحاب للحلول الذكية” شريكاً تكنولوجياً لأكاديمية الشارقة للتعليم

Al Hashemi: This partnership furthers the vital role the academy plays in developing and maintaining the competitiveness of Sharjah’s educational sectorharjah, July 21, 2020 The Sharjah Private Education Authority (SPEA) has appointed Sahab Smart Solutions as its technology partner to develop the Sharjah Education Academy (SEA) e-platform as well as its digital infrastructure. The appointment is in pursuance of SEA’s goals to offer programmes and courses that will produce qualified management and education professionals who will be the key leaders of Sharjah’s digital transformation journey. The step also reflects Sharjah’s committed…

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City Centre Ajman serves up a feast of gamified discounts Calling all food-lovers: 

City Centre Ajman serves up a feast of gamified discounts

From 15 July to 15 August, customers can earn generous discount vouchers simply by playing a contactless digital game in the mall Ajman, UAE, 21 July 2020: City Centre Ajman is helping to make this a summer of pleasant surprises with the upcoming launch of Food Rush — a digital game of quick reflexes that will see visitors embrace their inner gamer to catch falling food on a digital platform to win discount prizes and earn savings along the way. From 15 July to 15 August, visitors to City Centre…

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27Kids can now eat for free at O’Learys sports restaurant

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Dubai-headquartered hospitality company, TIME Hotels, has expanded its current promotional offer at its popular and newly-reopened O’Learys US sports-themed restaurant. Having already successfully completed a comprehensive cleaning and disinfection programme earlier in June, the casual dining venue, which TIME Hotels is the exclusive Middle East franchisor, opened with a discounted offer for all members of the family. However, now it is offering free meals for kids under eight years old, until 31st August 2020. Mohamed Awadalla, CEO, TIME Hotels, said: “In line with the Dubai Strategy to easing restrictions and…

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PIRELLI KICK-STARTS NATIONWIDE TYRE SAFETY CAMPAIGN

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Customers can receive a free contactless tyre check and report using state-of-the-art technology, from the comfort of their own home Dubai, UAE – 21 July 2020: Pirelli, the world-leading tyre manufacturer and global symbol of Italian industrial excellence, has launched a nationwide tyre safety campaign to ensure drivers in the UAE have road-safe tyres as they get back behind the wheel following long periods of their cars being stationery. To book their free tyre test, customers can visit a dedicated website to register, after which an operator will contact them…

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Sobha Realty Unique Experience Studio Showcases Complete   Construction Process at Sobha Hartland

Sobha Realty Unique Experience Studio Showcases Complete

Sobha Experience Studio offers visitors, stakeholders’ insights into Sobha’s signature quality elements Highlights developer’s quality benchmarks in real estate sector Dubai-UAE: 21 July 2020 – Sobha Realty, the leading premium real estate developer, today announced the launch of a first of its kind Sobha Experience Studio. Located at the company’s flagship master development Sobha Hartland in Mohammed Bin Rashid Al Maktoum City in Dubai, the Experience Studio takes visitors on a behind-the-scenes journey of the various innovative aspects that make up its design and construction process to achieve the signature…

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IKEA brings holidays to homes with ‘Vacation in a Box’ Campaign

IKEA brings holidays to homes with ‘Vacation in a Box’ Campaign

Beat the holiday blues by bringing the world to your living room Dubai, UAE, 20 July 2020: In the last few months, many residents of the UAE have been forced to cancel or postpone holiday travel plans. Hopes and dreams of browsing foreign street markets, making spontaneous friends abroad and trying exotic foods were quickly dashed. Enter IKEA who will spend this summer bringing the world to the UAE while the UAE is staying home. To give people a little taste of travel at home, IKEA has created Vacations in…

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Redesigned Nissan logo signals a fresh horizon

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How the badge’s physical identity was adapted for the digital world We are more connected than ever before. People are growing up with the access to knowledge and the potential for interaction that the internet offers. Our lives are as much digital as they are physical. Hence strong brands need to have effective touchpoints in both realms. For the past 20 years, Nissan’s outgoing logo has been a beacon on its vehicles and so much more. It has served as an identity, a business card, a handshake and the first…

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MANUFACTURING: A PRIME TARGET FOR CYBERCRIMINALS

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Micro, small and medium enterprises are particularly vulnerable to attacks, warns ITU Secretary General ITU Secretary General says theories that COVID-19 is transmitted via 5G networks have “no scientific basis whatsoever” Experts say companies must invest more in cybersecurity or be exposed to increased risk of attack Existing standards governing cybersecurity and 4IR technologies lack “regulatory teeth” and international standardisation is the way forward Senior representatives of GE, United Airlines, Good Harbor Security, and Dublin City University (DCU) debate cybersecurity at the Global Manufacturing and Industrialisation Summit’s Virtual Edition (#GMIS2020)…

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Enjoy an Array of Food Offerings at Dubai’s Waterfront Market Unparalleled Dining Experience with a Stunning Sea View at Dubai’s premier fresh food market

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Renowned as the source for everything fresh and the one stop for all essential shopping needs from fresh fish, meat & poultry, dry goods & spices, fruits & vegetables to a wholesome grocery shopping experience at Lulu hypermarkets, Dubai’s premier fresh food market, the Waterfront Market also offers a plethora of food and beverage experiences guaranteed to satisfy all taste buds. The Waterfront Market restaurants offer an unparalleled experience with a stunning sea view, stretching the length of the waterfront promenade along the gleaming Deira Corniche waterway with revamped menus…

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Innovative E-Commerce Platform ‘Idealz’  Backs Universal Education Through School-Building Programs in Developing Countries

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Idealz has Joined Hands with Dubai Cares to Deliver on its Promise of Building Schools in Lesser-Developed Countries Summary: Launched in 2018 and now with over 500,000 users worldwide, Idealz was founded by Jad Toubayly and Easa Al Gurg. Selling self-branded merchandise through the app and online store, Idealz gives customers complimentary entries into specified prize draws with a chance to win big. The UAE-based company has partnered with Dubai Cares in order to deliver on its promise to build schools in lesser-developed countries – a result of a shared…

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“SIGNIEL Busan” New Landmark of Busan Finally Unveiled SIGNIEL Brand’s Second Hotel 'SIGNIEL Busan' Opened in June - SIGNIEL Seoul in the Sky ∙ SIGNIEL Busan by the Ocean

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SIGNIEL, a premium landmark hotel introduced by LOTTE HOTELS & RESORTS, Korea’s largest hotel brand, is seen to have become a “game changer” for the Korean luxury hotel industry. SIGNIEL Seoul, which opened at the LOTTE World Tower in 2017, has set an impressive record — No. 1 in sales and average daily rate in the luxury hotel industry — despite the COVID-19 pandemic. It has stood tall as Asia’s top luxury hotel by winning prestigious international awards, including “Global Traveler” and ” Villegiature” Award, and by obtaining Michelin star…

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BCG Global Wealth Report 2020: 48.5 percent of the UAE’s wealth in 2019 headed by millionaires

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The Compound Annual Growth Rate (CAGR) of UAE’s millionaires expected to grow by 4.2 percent annually between 2019 – 2024   The 20th annual study of global wealth management conducted by Boston Consulting Group (BCG) has taken a 20-20 view of the industry, looking back over the past two decades as well as ahead to 2040, to provide a detailed retrospective on wealth growth over the past 20 years and evaluate the potential long-term impact of the COVID-19 crisis. According to the report, titled ‘Global Wealth 2020: The Future of…

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