AM Best Comments on Port Explosion in Beirut

AM Best Comments on Port Explosion in Beirut

LONDON–(BUSINESS WIRE/AETOSWire)– AM Best is monitoring the situation in Beirut, Lebanon, following the devastating explosion at the city’s port on Tuesday, 4 August. The cause of the explosion, which resulted in many casualties and considerable damage is still under investigation. As the situation is unfolding, the likely effect on the local insurance market remains uncertain at this stage. Insurance penetration rates in Lebanon generally are low and property insurance represents only a small fraction of the Lebanese insurance industry, which is dominated by three segments: life, medical and motor. Based…

Read More

OPPO Partners With Inspiring UAE Talent to Launch Find More Campaign

410

Launching in August, OPPO’s Find More campaign encourages the UAE to push boundaries and explore more possibilities   Dubai, United Arab Emirates, 05 August 2020 – Global smartphone brand OPPO has partnered with three Find More Explorers – award-winning content creator, YouTuber and online personality EMKWAN, Nayla al-Kaaja, the first female film director-producer in the UAE and renowned photographer Jumanah Jolie – to create a video series aimed at inspiring the people of the UAE to continue pushing their boundaries of creativity, deliver content that reflects their creative potential, and…

Read More

City Centre Sharjah celebrates Summer Surprises in cooperation with the Chamber of Commerce with amazing prizes including 12 BMW X2 cars

431

Shoppers will also earn four times the SHARE points among other generous rewards until August 21 Sharjah, UAE, 05 August 2020: As customers return to shopping malls, City Centre Sharjah is collaborating with Sharjah Chamber of Commerce to reward shoppers with a variety of prizes to be won as part of its month-long summer campaign. From 22 July to 21 August, shoppers can get in the running to win one of 12 brand-new BMW X2 luxury compact SUVs, alongside gift vouchers and staycations. Making the shopping experience all the sweeter,…

Read More

Ascott Rafal Olaya Riyadh, pioneering luxury serviced living in Riyadh

413

Being the first of its kinds in the city, Ascott Rafal Olaya Riyadh continues to create a benchmark for the serviced residence industry with its niche offerings. Part of the portfolio of the leading international lodging owner-operators ‘The Ascott Limited’, the property features the most exclusive amenities. Offering luxuriously adorned and spaciously furnished Studio, One and Two-bedroom hotel apartments, comprehensive facilities include the city’s first outdoor swimming pool dedicated to women on the 27th floor, along with other health & leisure facilities and a comprehensive conference room. For business travellers,…

Read More

Nissan activates new 5 Year Warranty in the region

Nissan activates new 5 Year Warranty in the region

Long-term reliable offering now valid across various authorized Nissan dealers in the region, providing customers a stress-free ownership experience DUBAI, UAE (August 05, 2020) – Nissan has announced the launch of its new 5 Year Nissan Warranty expanding its value offering and providing peace of mind to its customers in the region. Available for new cars across the brand’s retail line-up, the new Warranty option provides consumers with coverage for 5 years and a minimum of 300,000 kms*. As an upgrade from the existing warranty of 3 years or 100,000…

Read More

Emirates Glass Emicool Sun T Series leads way as the most preferred coating option  for over a decade

Emirates Glass Emicool Sun T Series leads way as

3 projects across MEA worth AED 12 million being supplied with 165,000 sqm of Emicool Sun T Series Coatings produced with the highest quality standards Dubai, UAE, 5th August 2020: Emirates Glass LLC, one of the leading processors of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments PJSC, has announced exceptional performance by its Emicool Sun T Series, leading the way as the most preferred coating option for over a decade now. The Company has announced winning three prestigious projects…

Read More

Park Regis Kris Kin Dubai re-opens its doors,   committed to staying and living well

Park Regis Kris Kin Dubai re-opens its doors, committed to staying and living well  

Dubai, 5th August 2020 – The internationally renowned StayWell Holdings, one of the largest hotel management groups in Asia-Pacific, is delighted to announce the re-opening of Park Regis Kris Kin Dubai on 6th August. The upscale property, located in the center of bustling Bur Dubai, offers quality accommodation with up-to-date features, innovative technologies and first-rate service. With many accolades to its name and a reputation for excellence, Park Regis Kris Kin Dubai is also pleased to introduce stringent hygiene and safety standards dubbed the ‘Stay Well’ Program, in keeping with…

Read More

Axiory Launches Axiory Intelligence

Axiory Launches Axiory Intelligence

Independent, dedicated News Portal with Around the Clock Market Coverage to Assist Traders Dubai, United Arab Emirates, 5 August 2020, (AETOSWire): – Advanced, global, fintech company Axiory is proud to announce Axiory Intelligence, an independent, dedicated market news portal where traders, investors, and financial enthusiasts can rely on up-to-date, fast, and reliable content to stay informed on global markets. The new portal will include Video updates, webinars, articles, technical analyses, and many more forms of information designed to cater to the needs of traders across the globe. Traders of the…

Read More

LaLiga Academy UAE Launches Its 2020/2021 Season at Its New Home at Dubai Sports City

326

Over the last three seasons, over 2,000 male and female players learning to play football the LaLiga way. Dubai, UAE – August 4, 2020 – LaLiga Academy UAE, developed by LaLiga, the world’s strongest league, announced today the launch of its 2020/2021 Season, welcoming all players at its brand-new home at Dubai Sports City. Over the last three seasons, Liga Academy UAE has changed the face of youth football training in the nation, with over 2,000 male and female players learning to play football the LaLiga way. With the move,…

Read More

Dubai’s Favorite Downtown Hangout CLAW BBQ is Back – Bigger

329

CLAW BBQ is back with a stacked menu of ridiculously delicious comfort food, scintillating seafood, CLAWsome cocktails, and daily deals, along with live sports, challenges and addictive arcade games, at Souk Al Bahar. Dubai, UAE (July 2020): Dubai has reopened to the world, the city is finally getting its buzz back, and everyone’s favorite Downtown hangout, CLAW BBQ, is back, from 12pm daily. From great food and drinks served with truckloads of American hospitality, old-school arcade and board games, and gut-busting food challenges, to unbeatable daily deals, a free jukebox…

Read More

INFINITI of Arabian Automobiles giving away six Q50 cars309  as part of Dubai Summer Surprises

309

  Dubai, UAE, 04 August 2020: As part of Dubai Summer Surprises (DSS), the summer celebration of shopping and family fun, Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah, and the Northern Emirates, is delighted to be giving away six INFINITI Q50 cars. Two winners were announced on 18 July and 25 July, with four more cars still up for grabs on 8 August , 15 August, 22 August, and 29 August. To take part, all customers have to…

Read More

Land Rover MENA’s first immersive 360° film celebrates the beauty of adventure

Land Rover MENA’s first immersive 360° film celebrates

Stunning Range Rover Velar is the star of the cinematic film 360° video allows customers to take control of omnidirectional camera to explore surroundings inside the vehicle Two-minute production uses CGI to provide first person view of the Velar Dubai, United Arab Emirates, 04, 2020: Land Rover MENA has produced an immersive 360° film that invites audiences to climb inside the avant-garde Range Rover Velar and experience the beauty of nature from within a model adored for its own aesthetic. The two-minute-long film uses hyper-realistic CGI to provide car lovers…

Read More

Middle East M&A drop during first half of 2020 amidst COVID-19 : Baker McKenzie Report

307

Overall global deal values down 31% from the previous half year, and 41% from H1 of 2019 which is the slowest first half for M&A since 2013 Overall Middle East deal values and volume drop by around 58% and 26% respectively from H1 2019 Total Middle East M&A deal values during the last two months of H1 2020 grew from USD 2.649 billion in H1 2019 to USD 33.501 Dubai, UAE, 04 August 2020 – Global M&A activity saw a decline in activity during the first half of 2020 (H1…

Read More

Hyundai Motor Wins 2020 Future Mobility of the Year Awards

310

·         Founded in 2019, KAIST Future Mobility of the Year Awards recognizes concept cars that make outstanding contributions to the future of mobility·         HDC-6 NEPTUNE and built-in e-scooter won the ‘Public & Commercial’ and ‘Personal’ categories respectively Dubai, Aug 4, 2019 — Hyundai Motor Company won two 2020 Future Mobility of the Year (FMOTY) Awards for HDC-6 NEPTUNE and the company’s built-in e-scooter. Established by the Korea Advanced Institute of Science and Technology (KAIST) Graduate School for Green Transportation in 2019, the awards recognize concept vehicles that make outstanding contributions…

Read More

Launching Events10X: A Virtual Nexus Delivering Pioneering Events Through Smart Solutions

303

4 August, 2020: Introducing Events10X a startup company that originated in the UAE as a joint venture between UAE and Norwegian entrepreneurs. This virtual nexus incorporates unparalleled solutions and multilingual high-tech systems to optimize results and support the rapid transformation and digitalization of the events industry. Events10x links the world under the goal of nurturing futuristic capabilities ten times more than the past. With the forthcoming digital prospects, this virtual venue will become home to a myriad of live events where the attendees can partake in live events from the…

Read More

$3 Trillion is not enough

 Trillion is not enough

Dubai, United Arab Emirates, 04 August 2020, (AETOSWire): Coronavirus pandemic, and the U.S – China trade tensions have recently hit the U.S extremely hard, which has resulted in a GDP falling a historic -32.9% in Q2 of 2020, slowing down from -5% in the previous period. Meanwhile, the US has already spent $3 trillion propping up the economy since the pandemic struck in March, which helped the short-term economic recovery from mid-April to June. Reasons for USD sell-off and Technical Outlook The greenback still struggling to find an upside momentum…

Read More

CONTACTLESS PAYMENT MADE EASIER THAN EVER: SwatchPAY! ROLLS OUT IN THE UNITED ARAB EMIRATES IN ASSOCIATION WITH RAKBANK AND MASTERCARD.

201

Introducing SwatchPAY! – a contactless payment solution so simple and secure that you’ll never have to reach into your pocket or bag for your wallet or phone again. Following its successful launch in several countries across Europe in 2019, the contactless payment solution is now available in the United Arab Emirates, launched in exclusive partnership with RAKBANK. “Never has contactless payment been this popular! We are all the more excited to launch SwatchPAY! in the UAE together with our strong partners RAKBANK and Mastercard. Setting up your SwatchPAY! is as simple…

Read More

vivo Launches X50 Series, Bringing a Professional Mobile Photography Experience to Users

vivo Launches X50 Series, Bringing a Professional Mobile

Dubai-United Arab Emirates, 3 August, 2020 – vivo today officially released X50 and X50 Pro—part of the all-new vivo X50 series of flagship smartphones. Realizing vivo’s commitment to user-centric designs and innovation, X50 and X50 Pro feature professional-grade camera technologies that revolutionize the mobile photography experience. “X50 series is a professional photography flagship smartphone for consumers to record and share the best moments of their lives in a simple way,” said Jet Xu, Head of Middle East and Africa Business, vivo. “With stable shooting capabilities, outstanding lenses and sensors, and…

Read More

Orient Insurance’s first half 2020 results show strong growth  and better earnings despite COVID-19

207

S&P Global Ratings today said that Dubai-based Orient Insurance P.J.S.C. (A/Stable/–) reported stronger-than-expected gross written premium (GWP) growth and higher net earnings in the first six months of 2020, despite the pandemic and lower oil prices. Orient’s GWP increased 13.6% to about UAE dirham (AED) 2.56 billion (about $700 million) in the first half of 2020 from about AED2.25 billion during the same time in 2019. This resulted from the company’s expansion across all business lines, despite a lockdown for several weeks during this period. At the same time, the…

Read More

New National Geographic Abu Dhabi Film ‘Marmum’  Takes Viewers on the Journey of Creating a State-of-the-Art Dairy Factory in the Heart of the UAE

ناشونال جيوغرافيك أبوظبي تعرض الوثائقي “مرموم”

44-minute film explores behind the scenes visuals of the design and creation of an advanced dairy factory, focusing on the importance of such projects to achieve national food security goals while meeting the nation’s growing needs for dairy products Documentary to air on 3rd August at 11:00 PM UAE Time/10:00 PM KSA Time and 4 August at 3 AM UAE Time/2 AM KSA Time While the UAE’s annual food requirement is set to double by 2030, National Geographic Abu Dhabi’s brand new 44-minute documentary goes behind the scenes to explore…

Read More