The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

Sharjah, United Arab Emirates (AETOSWire) — The energy supply crunch in Europe, Asia and the US this past year has underscored the need for smarter carbon-transition policy, Majid Jafar, the CEO of Crescent Petroleum, the oldest private oil & gas company in the Middle East, told industry and policy leaders gathered for a virtual panel at Abu Dhabi Sustainability Week. To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage. “Any…

Hikma signs license agreement with Medicine Patent Pool for molnupiravir

Hikma signs license agreement with Medicine Patent Pool for molnupiravir

London, United Kingdom, (AETOSWire) – Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that it has entered into a license agreement with Medicine Patent Pool (MPP) for molnupiravir, MSD’s[1] investigational oral COVID-19 antiviral medicine, in the Middle East and North Africa (MENA) region. The sub-license agreement is a result of the voluntary licensing agreement signed by MPP and MSD in October 2021 to facilitate affordable global access for molnupiravir, which MSD is developing in partnership with Ridgeback Biotherapeutics. Under the terms of the agreement, Hikma will have rights to…

Alturki builds on its commitment to localization by participating in the 2022 IKTVA Forum and Exhibition as a Diamond Sponsor

Alturki builds on its commitment to localization by participating in the 2022 IKTVA Forum and Exhibition as a Diamond Sponsor

Dhahran, Saudi Arabia,, (AETOSWire): Alturki Holding has committed to participate in the next IKTVA Forum and Exhibition as a Diamond Sponsor. The Forum, which runs from January 24-26, 2022, at the Dhahran Exhibition Center, is a content localization initiative by Saudi Aramco, designed to drive increased investment, job creation, research and development, and local supply chain development within the Kingdom. As a Diamond Sponsor, Alturki Holding demonstrates the highest level of commitment to IKTVA’s goals, and alignment with the Kingdom’s value localization initiative under the ambitious Saudi Vision 2030. Commenting…

Maintain Healthy Habits with Offers on Smart Kitchen Appliances from LG this Dubai Shopping Festival

Maintain Healthy Habits with Offers on Smart Kitchen Appliances from LG this Dubai Shopping Festival

DUBAI, UNITED ARAB EMIRATES: With health and hygiene top of mind for residents around the world, maintaining good practice inside the home is a key component of prioritizing wellbeing. Consumer priorities continue to shift towards purchasing appliances which not only integrate smart, intuitive features, but also offer greater peace-of-mind. In light of this, and to coincide with Dubai Shopping Festival, LG Electronics (LG) is offering discounts of up to 25% on its diverse range of home appliances. Key highlights include: Intelligent Washing Machines Selected LG washing machines on offer feature…

Personetics Secures Over $160 Million in 2021 and Accelerates the Global Expansion of its AI-Driven Personalization and Engagement Solutions for Financial Institutions With $85 Million Investment From Thoma Bravo

Personetics Secures Over 0 Million in 2021 and Accelerates the Global Expansion of its AI-Driven Personalization and Engagement Solutions for Financial Institutions With  Million Investment From Thoma Bravo

LONDON & NEW YORK & RIO DE JANEIRO & PARIS & SINGAPORE & SYDNEY & TEL AVIV, Israel–(BUSINESS WIRE/AETOSWire)– Personetics, the leading global provider of financial-data-driven personalization and customer engagement solutions for banks and financial services providers, today announced it has raised $85m in growth funding from Thoma Bravo, a leading software investment firm. Personetics secured a total funding of over $160 million in 2021. Personetics is backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital, Nyca Partners and Warburg Pincus.   Operating in a global market worth approximately $15 billion, Personetics’…

Gather up the Gal Squad and Booze Up in Sultanas Nights at Sheraton Mall of the Emirates Hotel

Gather up the Gal Squad and Booze Up in Sultanas Nights at Sheraton Mall of the Emirates Hotel

Dubai, United Arab Emirates (20 January 2022): Ladies rejoice! And enjoy the midweek moments with your gal pals as Besh Turkish Kitchen is hosting the Tuesday nights for a girls-only, Sultanas Nights. With rates starting at AED 75 per person, lassies will be spoilt with a two-course menu with soft beverages for a bespoke night. Ladies will also have an option of availing the AED 95 per person offer that includes two glasses of house beverages along with the course menu. Relish in an evening of entertainment, as well as…

Farnek Unveils Roadmap to Achieve Net Zero Emissions by 2050

Farnek Unveils Roadmap to Achieve Net Zero Emissions by 2050

Leading UAE-based smart & green FM company aims to reduce energy and water consumption by 30% and waste by 10% within the next 5 years alone Dubai, United Arab Emirates Leading UAE-based smart and green facilities management (FM) company Farnek, has unveiled its roadmap to achieve Net Zero emissions by 2050, supporting the UAE’s strategic initiative, announced in October last year. “In terms of corporate business strategy, Net Zero is the future. If the UAE is to achieve its Net Zero ambitions, the private sector must support the government and with…

Medlab Middle East to Provide a Platform for Educating Blood Donors During COVID-19

Medlab Middle East to Provide a Platform for Educating Blood Donors During COVID-19

Dubai, United Arab Emirates Blood donor eligibility during the pandemic and the lessons learned to take centre stage The World Health Organisation (WHO) estimates the pandemic caused a 20%-30% reduction in blood donations The Head of Dubai’s Blood Donation Centre and WHO expert member for Transfusion Safety, Dr May Raouf, to chair proceedings Medlab Middle East to take place from 24-27 January According to research from the World Health Organisation (WHO), blood donations were reduced by between 20-30% globally during the initial onset of the pandemic. Addressing this decline and…

Dubai Chefs Showcase their Skills in New York by Adding a European Twist to the All-American Classic Cheeseburger

Dubai Chefs Showcase their Skills in New York by Adding a European Twist to the All-American Classic Cheeseburger

Dubai, United Arab Emirates Dubai-based chefs and influencers brought a touch of French flair to New York by using a range of French cheeses to create the perfect cheeseburger; Chef Mohamed Chabchoul, Grand Millennium Business Bay; Dalia Dogmoch Soubra, renowned chef and blogger; Zahra Abdalla TV personality and food blogger; and Tiffany Eslick, editor at Spinneys magazine UAE, took part in a four-day cheeseburger journey in New York City As part of a campaign launched by the French Dairy Board and the European Union, a quartet of Dubai chefs, authors and bloggers have…

Value fashion giant REDTAG launches modest range, empowers women to experiment with latest trends

Value fashion giant REDTAG launches modest range, empowers women to experiment with latest trends

A’anika, REDTAG’s latest capsule range, strikes a delicate balance between modern trends and traditional ensemble, empowering fashion-forward women to gear up for the opening of the GCC social scene.  January 19th, Dubai, UAE, GCC: REDTAG, region’s leading value fashion and homeware brand, has launched A’anika, a ladieswear range of modest apparel. A’anika is REDTAG’s earnest attempt to align with the sociocultural evolution and progressive reforms, geared towards empowering women. Homegrown value fashion brand REDTAG has been championing modest ladieswear in the region for quite some time, but with A’anika, it is…