Everdome Secures US$10 million Investment Commitment from GEM Digital Limited

DUBAI, United Arab of Emirates — Everdome, the most hyper-realistic metaverse, has announced that GEM Digital Limited (GEM), a Bahamian-based, digital asset investment firm, that sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally, has agreed to an investment commitment of US$10 million into the UAE-based metaverse company, through a structured token subscription agreement. The announcement comes during a period of heightened activity for Everdome, particularly in terms of its product roll-out and the company’s auction of metaverse land plots. Since June 2022, a…

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To Build Web 3.0 Native Payment Infrastructure, Airswift Raises $2 MM in Pre-Seed Funding Led by CE Innovation Capital

VANCOUVER, British Columbia — Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets. With blockchain technology at its core, Airswift is building a comprehensive payment infrastructure native to Web 3.0. This includes an easy-to-use…

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Largest Chain of Stretching Studios Globally TOPSTRETCHING Drives Massive Expansion in the Gulf and MENA Using a Franchising Business Model

DUBAI — TOPSTRETCHING, the leading chain of stretching and HIIT fitness studios, remarkable for being the first of its kind ‘for women only’, has announced plans for an impressive scale-up and expansion to 1,000 franchises globally. TOPSTRETCHING’s dominant social media presence of over 3 million followers combined and 1 billion organic impressions, positions it both as the largest commercial fitness presence in this space as well as massively supporting its franchisees marketing efforts. “Our goal is to be the top fitness business and solution globally,” commented Managing Partner, German Gussakovskiy.…

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upGrad Closes Investment Round of USD 210 Million

MUMBAI, India — upGrad, Asia’s higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table. This round has witnessed participation from ETS Global (world’s largest TOEFL & GRE Test Leader), Bodhi Tree (a JV of James Murdoch & Uday Shankar), Singapore’s Kaizen Management Advisors Pvt. Ltd, Family office of Bharti Airtel, Narotam Sekhsaria Family Office (Ambuja Cements and ACC), and Artian Investments along with existing investors Temasek, IFC and IIFL. Founder Group also invested USD 12.5 million in this…

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Innovation, Connectivity, Collaboration Pave the Way for a Deeper Understanding of Yourself With Samsung Wellness

Innovation, Connectivity, Collaboration Pave the Way for a Deeper Understanding of Yourself With Samsung WellnessNext week, Samsung will share its latest lineup of innovative products designed to enhance users’ everyday lives, including updates that empower fitness and wellness routines. Ahead of the unveiling, we’d like to take the time to reflect our philosophy, achievements, and progress that we have made as we approach our most recent step in our health journey. The world has entered a new era of wellness, seeing a growing desire for a more nuanced understanding of…

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IC Markets becomes Official Global Partner for Rugby World Cup Sevens

SYDNEY — IC Markets, one of the world’s largest Forex CFD brokers, has announced today that it is an Official Global Partner for the Rugby World Cup Sevens, taking place in Cape Town, South Africa from 9- 11 September 2022. Rugby World Cup Sevens will be played over three days in iconic Cape Town and feature 24 men’s and 16 women’s teams from around the world. IC Markets joins DHL, Castle Lite, FNB and TUDOR as a Global Partner. An estimated 165,000 fans are expected to travel to South Africa…

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Sharjah steps up emergency response efforts against extreme weather conditions

Sharjah, United Arab Emirates — Following the exceptional two-day adverse weather conditions, which resulted in flooding in many areas in the emirate of Sharjah, officials praised the efficient response and competence of emergency teams mobilized to safeguard lives and property against the severe impacts of the heavy rainfall. The emirate had braced up to address this anticipated summer deluge, by monitoring potential risks and reviewing federal response plans, to ensure the readiness of emergency crews and mechanisms, and spread awareness and safety tips. More than 3,400 rescue and evacuation operations…

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Dubai teenagers’ conscious athleisure brand, F5 Global, heads to London

تتجه أف فايف جلوبال. العلامة التجارية الواعية للملابس الرياضية للشباب في دبي. إلى لندن.

The brand is hosting its first-ever international pop-up from 22 – 28 August at 58 Oxford Street, London W1D1BH. The brand’s first-ever international pop-up will feature its signature sustainable athleisure collection for adults and kids. Launched in March 2021, F5 Global, founded by 16-year-old Sarisha Ved, has donated 100% of its profits from every t-shirt sold from the ‘Tees for Fees’ collection. The initiative raised USD$17,000 and is part of the brand’s mission to help children from underprivileged communities and provide them with better access to quality education. The collection…

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