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Blog posts April 2022

Fresh Del Monte Marks Earth Day 2022

DUBAI, UNITED ARAB EMIRATES.-Wednesday 27 April 2022 [ AETOS Wire ]

In line with its passion for protecting the planet, Fresh Del Monte Inc. marked Earth Day 2022, celebrated this year under the theme ‘Invest in Our Planet’, to promote awareness about “what everyone can and should be doing to preserve the environment and make every day, Earth Day”.

Marked every year on April 22 since 1970, Earth Day aims to honor the Earth and demonstrate support for environmental protection.

Ms. Racha El Aawar, Fresh Del Monte’s Regional Marketing Director for the Middle East and North African region, commented: “As an agricultural company, we have endeavored to grow responsibly to protect and preserve our planet. We practice regenerative agriculture, a holistic approach to farming, to preserve the lands we grow in and their surrounding environments.”

As part of its ongoing commitment to build A Brighter World Tomorrow™, Fresh del Monte has been:

Ensuring soil health, addressing soil fertility, and preventing soil erosion.
Protecting forest ecosystems and reforesting lands; ensuring operations are certified as carbon neutral.
Designating land as protected areas to preserve biodiversity.
Reducing water usage by updating infrastructure and recycling and reusing water.
If you haven’t already, take a look at the goals we’ve set out for ourselves as a company.

Learn more about our commitment to sustainability: https://freshdelmonte.com/our-approach/

About Del Monte Fresh Produce Middle East and North Africa 

The Del Monte group of companies in the Middle East and North Africa (“MENA”) is a leading producer, marketer and distributor of fresh and value-added fruits and vegetables and other fresh produce, ultra-fresh beverages and prepared food, refining the market and providing solutions for healthy eating. The Company’s agricultural and manufacturing practices are validated by local and international standards in sustainability, quality, food safety, and social accountability and comply with all applicable laws. The Company markets its products under the Del Monte® brand (under license from Del Monte Foods, Inc.), a symbol of product innovation, quality, freshness and reliability for over 135 years. MENA is an indirect subsidiary of Fresh Del Monte Produce Inc. and is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd.  

 

Contacts
Fresh Del Monte Produce Inc. 

Racha El Aawar, Regional Marketing Director, MENA, +97143333801  

RElaawar@FreshDelmonte.com    

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Dabur Miswak continues to spread ‘Million Smiles’ during Ramadan

Turns ‘Smile Partner’ for thousands across the UAE
DUBAI, United Arab Emirates-Thursday 28 April 2022 [ AETOS Wire ]

Continuing its tradition of spreading smiles during Ramadan - the holy month of fasting and giving; Dabur International’s Oral Care division is celebrating another successful year of building oral hygiene awareness.

Dabur International has been actively distributing Dabur Miswak toothpaste at labour camps across the UAE. As a part of the campaign to spread smiles amongst those who are less fortunate, Dabur Miswak has already reached nearly 14,000 people across different labour camps with plans of giving away more during the fasting period leading up to Eid celebrations. Some of the prominent labour camps that benefitted from this campaign are Metro 1, Al Quoz, and Jebel Ali 3. The brand was at the DIP labour camp on 24th April 2022, to help labourers at the camp seek benefit of the ‘Dabur Miswak Million Smiles’ campaign.

Speaking on the success of the initiative; Mr. Dhruv Sharma (Category Head, Dabur International) said; “Miswak Twig has been an integral part of the culture and has rich religious relevance during the month of Ramadan in UAE. Dabur Miswak wants to celebrate that relevance again during the holy month of Ramadan. Having replicated this initiative year after year, we want to emphasize the importance of oral health care and the benefits of natural ingredients like Miswak.”

Called the ‘Miswak Million Smiles’ campaign, Dabur Miswak toothpaste has turned into a ‘Smile Partner’ for thousands of labourers in the UAE this Ramadan.  

About Dabur International

Dabur International Limited is a wholly owned subsidiary of Dabur India. With over 136 years of legacy, Dabur is today the largest Ayurveda and Natural consumer Products Company in the world. We enrich the quality of more than a billion people daily around the world with products across Hair Care, Oral Care, Depilatory, Hair Colors, Men’s Styling, Skin Care and Skin Cleansing. Our flagship brands are Dabur Amla, Vatika Naturals, Dabur Herbal Toothpaste, Dabur Miswak, Fem and Dermoviva.

For more information, please visit www.daburinternational.com

Contacts
Ambika Jadeja

ambika@matrixdubai.com

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The Newest Member Of Poly’s Sync Family Offers A Reliable, Affordable Solution Without Compromise For The Hybrid Worker

Go Small and Go Home with the new Poly Sync 10 Speakerphone
DUBAI, United Arab Emirates-Thursday 28 April 2022 [ AETOS Wire ]

Poly (NYSE: POLY), has announced the addition of Sync 10 to its Sync family of speakerphones. Designed for the new way of working, the right communications tools keep workers connected and productive at home or in the office.

The highly anticipated return to “normalcy” doesn’t mean going back to our old habits. Hybrid working is here to stay, and the new year brings irreversible changes in the way we perceive - and do - work.

The disruption caused by the global pandemic has forced businesses to enable remote work and tested employees’ ability to embrace new forms of engagement and interaction. The power to drive sustainable, collaborative change will be shared by employers and employees, on an increasingly equal footing. Businesses looking to navigate the year ahead will need to understand and embrace this fundamental shift to successfully balance technology and transformation.

For many home workers, support from IT is a long way away. They are using new tools, learning new ways of working, and need to ensure they have equality in meetings when everyone else is gathered in a meeting room in the office.

The ideal technology for home working that delivers this has three attributes:

Let’s you hear and be heard

It is simple and easy to use

Matches your workstyle

Poly’s new Sync 10 delivers on all these challenges.

Clear audio delivers enterprise-grade acoustics in a compact design, turning your home workspace into an impromptu conference room. A two-microphone steerable array works in the background to ensure conversations focus on your voice and not the background noise. Audio is further enhanced with full-duplex audio for simultaneous conversation flow to ensure you don’t miss a word.

It’s user-friendly: Easy-to-use touch-sensitive controls, clear LED indicators, and a clear, bright call status light bar. It is also IP64 dust and waterproof. 

Microsoft Teams and Zoom Certified

The Poly Sync 10 USB speakerphone has a steerable two-microphone array that keeps surrounding noise out of your call. It works with all major communication and collaboration applications and is certified by Microsoft and Zoom so you know it will just work when plugged in. It’s USB powered so you have no concerns about battery life.

Supported by Poly Lens

The Sync 10 has a Hi-Fi quality music speaker and power amplifier — so it also doubles as a portable speakerphone and high-performance music speaker in one. The Sync 10 is also ready for any future technology updates as it comes with USB-A and USB-C connectors and can be updated with new software via the Poly Lens Companion app. And if you feel the urge to get into the office, the Sync 10 is small and light enough to fit into your bag when you need to travel.

The Sync 10 is an ideal product for individual home workers looking to enhance how they work at home. For IT departments it’s also a great complement to the existing Poly Sync family and provides more choices for devices optimized for different workspaces with a consistent interface across all devices.

Pricing & Availability

More information on pricing and availability is available on the Poly website: Sync 10.

About Poly

Poly (NYSE: POLY) creates premium audio and video products so you can have your best meeting -- anywhere, anytime, every time. Our headsets, video and audio-conferencing products, desk phones, analytics software and services are beautifully designed and engineered to connect people with incredible clarity. They're pro-grade, easy to use and work seamlessly with all the best video and audio-conferencing services. Poly MeetingAI delivers a broadcast-quality video conferencing experience with Poly DirectorAI technology which uses artificial intelligence and machine learning to deliver real-time automatic transitions, framing and tracking, while NoiseBlockAI and Acoustic Fence technologies block out unwanted background noise. With Poly (Plantronics, Inc. – formerly Plantronics and Polycom), you'll do more than just show up, you'll stand out. For more information visit www.Poly.com.

All trademarks are the property of their respective owners. 

Contacts
Melwyn Abraham

melwyn@matrixdubai.com

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Western Union Expands Collaboration with UK Post Office to Offer Retail Cross-Border Money Transfers

DENVER & LONDON -Friday 29 April 2022 [ AETOS Wire ]

Expansion follows successful UK Post Office digital cross-border money transfers roll-out in 2019

Western Union services to become available in 4,000 UK Post Office locations, doubling Western Union’s UK retail network

(BUSINESS WIRE)-- Western Union (NYSE: WU) announced today that it is expanding its collaboration with the UK Post Office to provide retail cross-border money transfers. This alliance is part of the Company’s continued enhancement of its omni-channel offering, serving its customers across the full range of physical and digital touchpoints and channels.

Providing UK Post Office customers a truly omni-channel experience

UK Post Office customers will now be able to benefit from Western Union’s omni-channel experience, choosing to send money to their families and loved ones overseas via Western Union’s UK Post Office digital services or in-person at 4,000 UK Post Office locations across the United Kingdom. Customers can now start transactions digitally or in a retail location and have their funds paid out in cash, directly onto a card, into a mobile wallet, or directly into a bank account, via Western Union’s global network.

“I am delighted that Western Union, one of the world’s biggest financial networks, and UK Post Office, the UK’s biggest retail network, are expanding our collaboration, aiming to serve our customers better in a transformed post-pandemic environment,” said Devin McGranahan, Western Union President and CEO. “At the same time, today’s announcement shows how we at Western Union continue to see our leadership in retail as critical to our success, and as a critical element of our omni-channel offering. As we continue to expand our global network, we will seek not only to improve access, but also, importantly, working with our partners, to truly transform the retail experience we offer our customers, in the UK and across the world.”

Serving communities across the UK

Many of the 4,000 UK Post Office locations where Western Union’s retail services will be initially rolled-out are located in communities across the country that have seen increasing volumes of closures of local bank and credit union branches. These communities will now have more options to connect, seamlessly, to the global economy, improving financial inclusion, increasing footfall for thousands of the UK Post Office’s independent postmasters and further supporting the success of attached small retail businesses.

“I am delighted to be expanding our partnership with Western Union, allowing customers to choose whether they want to use the money transfer service digitally or prefer to do it face-to-face,” said UK Post Office CEO, Nick Read. “Postmasters are knowledgeable, reliable and can provide that assurance that a transaction has gone through with a printed receipt which many of our customers still value. Furthermore, this expanded partnership helps drive footfall into 4,000 of our branches providing postmasters with increased remuneration opportunities.”

The planned activation of Western Union’s UK Post office retail cross-border money transfers is scheduled for Autumn 2022.

*Depending on location & availability of service

WU-G

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

About the Post Office

With over 11,500 branches, Post Office has the biggest retail network in the UK, with more branches than all the banks and building societies combined.
Post Office is helping anyone who wants cash to get it whichever way is most convenient. Partnership with over 30 banks, building societies and credit unions means that 99% of UK bank customers can access their accounts at their Post Office.
Cash withdrawals, deposits and balance enquiries can be made securely and conveniently over the counter at any Post Office; and the biggest investment by any organisation or company in the last decade is being made to safeguard 1,400 free-to-use ATMs across the UK.
Post Office is simplifying its proposition for Postmasters with a focus on its cash and banking; mails and parcels; foreign exchange; and bill payments services.
Research has found that visits to the Post Office help drive another 400 million visitors to other shops, restaurants and local businesses equating to an estimated £1.1 billion in additional revenue for High Street businesses.
99.7% of the population live within three miles of a Post Office; and 4,000 branches are open seven days a week.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220429005021/en/

Contacts
Media contacts:
International
Claire Treacy claire.treacy@westernunion.com

Europe/UK
Nicholas Mandalas nicholas.mandalas@westernunion.com

Western Union Investor Relations
Tom Hadley thomas.hadley@wu.com

 

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StayWell announces the signing of the first hotel under the new Park Regis by Prince brand

DUBAI, United Arab Emirates-Thursday 28 April 2022 [ AETOS Wire ]

 StayWell Holdings and Seibu Prince Hotels Worldwide Inc. announce the signing of the resort-style hotel Park Regis by Prince Deira Islands, Dubai under the new brand banner of Park Regis by Prince.

Park Regis by Prince sets the standard in guest experience with an impressive line-up of hotels.

StayWell Holdings, one of the largest hotel management groups in Asia Pacific and a subsidiary of Seibu Prince Hotels Worldwide Inc, one of Japan's leading hotel and leisure companies, has signed the first hotel under the evolved brand banner of Park Regis - Park Regis by Prince Deira Islands (Dubai). The addition of this new property to the StayWell stable complements the existing portfolio of hotels in the UAE region and officially launches the new brand.

An upscale and premium brand, Park Regis by Prince is a significant evolution of the reputable Park Regis hotel brand, which first launched in 2006. With the positioning statement "The World's Most Thoughtful Hotels", Park Regis by Prince is the latest offering in the company's impressive line-up of brands. Designed to be exceptional yet accessible, guests travelling for business and leisure can enjoy the tradition and luxury of a beautifully curated classic hotel experience, blended seamlessly with modern technology. Each property will embody a fusion of the company's Australian and Japanese heritage whilst seeking to highlight and celebrate the local influences and culture that make each location special. 

The announcement of the group's new brand is punctuated with the signing of its first hotel in Deira (UAE). Park Regis by Prince Deira Islands is a resort-style property, and one of only three hotels located on the Deira Islands, providing guests with direct access to the beach. The property will feature state of the art business and leisure facilities as well as multiple food and beverage options including two restaurants, a coffee shop, a swim-up pool bar, as well as a lounge bar, gym, spa, and parking. Overlooking the Arabian Sea, 95% of the property's rooms have direct sea views, and all will boast balconies. The hotel is just moments from local attractions including a popular Night Souk, as well as the soon to be completed Souk Al Marfa which will feature 2,500 shops and pavilions, making it one of the biggest shopping destinations in the region.

Guests of Park Regis by Prince Deira Islands will also enjoy premium in-room amenities in partnership with Atkinson's (London, 1799) and the hotel will boast a bespoke signature scent and specially curated music selections, part of the overarching brand blueprint for future hotels under the new brand banner. Park Regis by Prince's newly created Guest Services AI tool Jean will also feature, and has been designed to assist with all guest service operations to ensure quality and consistency at every touchpoint. Open plan design, signature glass panelling, and 'clouds of foliage' will greet guests on arrival, with spacious rooms boasting luxury touches including curved showers, brass accents, and natural stone finishes.

Mr. Masahiko Koyama, President of Seibu Prince Hotels Worldwide Inc. said “We are pleased to announce the establishment of our newest brand “Park Regis by Prince” and excited to launch the brand concept in Dubai, the largest trading and commercial centre in the Middle East and a fast-growing international city as a hub connecting Europe, Africa and Asia. By opening our new brand hotel in this globally well-known tourist city and disseminating the brand value of the Prince Hotel, we would like to further enhance international recognition of the Prince Hotels.”

Simon Wan, President and Director of StayWell Holdings Pty Ltd, said of the signing, "Park Regis by Prince Deira, Dubai is a welcome addition to our ever-growing portfolio of hotels. Park Regis by Prince is an exciting concept in hotels that sets the standard for the guest experience. This new property is the pinnacle of biophilic sophistication – living, breathing extensions of their natural environments, combined with a level of service that is unmatched in the category. We are thrilled to announce this evolution of the Park Regis brand.”

Park Regis by Prince is an important evolution for Park Regis and the StayWell group, catering to the changing demands of travellers both locally and overseas, where exceptional service and prime locations are equally important as comfort and accessibility. Park Regis by Prince will offer an upscale class hotel experience that acts as a complement to the current StayWell portfolio of brands, all of which  celebrate both the history and modernity of the cities in which they reside and the companies of which they are apart.

Mr. Rohit Vig, Vice President Development of StayWell Holdings Pty Ltd said, “We are elated to open our 4th Hotel in Dubai and this milestone resonates the confidence we have in the UAE markets.  With a strong and positive growth outlook, we plan to further expand our portfolio of hotels in the region over the next 5 years. Dubai hotel occupancy hit a 15-year high last in March and the Middle East hotel RevPAR recovery is the highest among global regions.”

Park Regis by Prince Deira Islands will open in early 2023.

For more information on StayWell Holdings, visit www.staywellgroup.com

Media contacts:

Jane Stabler | Evil Twin PR | + 61 0421 353 339 | jane@eviltwinpr.com.au

Fiona Godfrey | StayWell Holdings | + 61 2 8198 9299 | fgodfrey@staywellgroup.com

About StayWell Holdings:

One of the largest hotel management groups in Asia Pacific, StayWell Holdings, and its parent company Seibu Prince Hotels Worldwide, offers a diverse portfolio of properties across a combined network of 129 open and under development hotels worldwide.

Seibu Prince Hotels Worldwide and StayWell’s combined brand offerings include The Prince Akatoki, The Prince, Grand Prince Hotel, Policy, Park Regis, Prince Hotel, Leisure Inn Plus, Prince Smart Inn, and Leisure Inn.  Each brand offers guests quality experiences ranging from luxury to lifestyle through to midscale.

Seibu Prince Hotels Worldwide and StayWell have set a strategic goal to deliver 250 hotels in the medium to long term. The expansion of both company brands will take place across the regions of Asia-Pacific, the Middle East, Europe and the United States.

Seibu Prince Hotels Worldwide operate a combined network of 56 hotels, 31 golf courses and 10 ski resorts. StayWell has an existing network of 27 open and operating hotels and a further 8 hotels that are committed and opening over the next few years. In addition, StayWell has two key strategic partners being Manhatton Hotel Group in China (26 hotels) and Cristal Group in the Middle East (9 hotels).

For more information visit https://www.staywellgroup.com/ 

Contacts
Ambika Jadeja

ambika@matrixdubai.com

 

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ASM Global’s AO Arena in Manchester Unveils Dramatic Multimillion Dollar Three-Year Reimagination of Legendary Venue

AO Arena to Embark on $63 Million Phased Development Intended to Further Elevate the Historic Live Entertainment Venue as One of Europe’s ‘Bastions of Performing Excellence’

MANCHESTER, England-Thursday 28 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- ASM Global, the world’s leading producer of entertainment experiences, venue management and event strategy, has announced a $63 million plan beginning this summer to transform the AO Arena in Manchester. This plan is set to dramatically enhance the venue’s premier position for live entertainment experiences through state-of-the-art infrastructure expansion and innovative guest features as the iconic arena looks to the future.

AO Arena in Manchester, located in the heart of the city, is one of the busiest indoor arenas in the world. Through its near 30-year history, the venue has firmly established itself as a beloved and iconic Manchester landmark, a must-play for artists, and a fan-favorite destination for world-class live entertainment. Officials from the AO Arena will be releasing more detailed plans in coming months.

Chris Bray, EVP Europe at ASM Global, said, “AO Arena is one of the world’s iconic venues and a much-loved part of Manchester’s rich culture and history. It has been delivering world-class entertainment experiences for over two decades. As we approach our 30th anniversary, this ambitious endeavor will not only reinforce its position as a leading destination for live entertainment but will extend its market leadership for ‘live’ and fan experiences for the next 30 years. We’re proud to be further investing into the heart of Manchester.

“The first phase will enhance and increase our standing floor capacity to share this historic arena with even more of our guests, and we will also be adding new hospitality lounges and investing in delivering an upgraded concourse experience. Our performers will be immersed in an all-new, back-of-house artists’ campus, unparalleled anywhere.”

Additional major developments include new arena entrances welcoming guests to the venue and new premium seating, which will transform the venue to an elevated experience.

AO Arena’s back-of-house campus dramatic upgrade will include a complete overhaul of the backstage experience for artists, production and crew. This includes new artist dressing rooms and production areas, a world-class green room with meet-and-greet facilities, an overhaul of crew catering, and first-class connectivity and technology.

Plans have already been jump started by the venue’s rapid scheduling of major sell-out 2022 events, including Billie Eilish, Dua Lipa, Diana Ross, Alicia Keys, Swedish House Mafia, Snoop Dogg, George Ezra and more.

Jen Mitchell, general manager at the AO Arena, said, “This is a really exciting time for AO Arena. Not only are we able to welcome guests back after a challenging two years with a program packed full of world-class acts and entertainment, now we can reveal the first phase of ASM Global’s plans for the arena’s redevelopment. This will enhance the experience for everyone who sets foot in the venue, including artists, production, crew and our staff who work so hard to make the magic happen right here in Manchester.”

Unveiled in 1995, the arena was the first indoor venue in the U.K. to be built with a layout of 360-degree seating. Attracting over 1 million visitors yearly, the 21,000-capacity arena is a winner of the Stadium Business Awards’ prestigious ‘Venue of the Year’ award. There has been a host of musical talent that has performed at the venue, from Led Zeppelin legends Jimmy Page and Robert Plant, The Rolling Stones and Pavarotti to Dua Lipa and Lady Gaga as well as Manchester’s homegrown artists including Take That, Oasis, Elbow, New Order and The Courteeners. The venue has hosted everything from the 2002 Commonwealth Games, 2008 FINA World Swimming Championships and international boxing bouts by Mike Tyson, Anthony Joshua, Tyson Fury, David Haye, Joe Calzaghe and local champions Ricky Hatton, Amir Khan and Anthony Crolla.

About ASM Global

ASM Global is the world’s leading producer of entertainment experiences. It is the global leader in venue and event strategy and management—delivering locally tailored solutions and cutting-edge technologies to achieve maximum results for venue owners. The company’s elite venue network spans five continents, with a portfolio of more than 350 of the world’s most prestigious arenas, stadiums, convention and exhibition centers, and performing arts venues. Connect with us on LinkedIn, Facebook, Instagram and Twitter. asmglobal.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220427005883/en/

Contacts
Jim Yeager
breakwhitelight (for ASM Global)
jim@breakwhitelight.com
Mobile: 1-818-264-6812

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Brand Jamaica to Shine at Penn Relays

Image not found

 

Manufacturers to bring island’s best to annual track and field event.


(BUSINESS WIRE) -- Brand Jamaica will be highlighted at the 126th staging of the Penn Relays, which will be held from April 28-30, 2022, in Philadelphia, Pennsylvania. Five Jamaican manufacturers, Annilu Limited, Herboo, King’s Jamaican Health and Wellness, Bresheh, and Shavuot International, will interact with buyers, distributors, and retailers to promote their products with the aim of increasing Jamaica’s export sales.

The trade mission is taking place as part of the export development programme Export Max III, which is led by JAMPRO, the Jamaica Business Development Corporation (JBDC), and the Jamaica Manufacturers and Exporters Association (JMEA). The event will highlight the island’s diverse manufacturing sector, and the products that are available for export.

Jamaica’s Prime Minister, The Most Honourable Andrew Holness, and Minister of Industry, Investment, and Commerce, Senator the Honourable Aubyn Hill, will attend the Penn Relays. The event will feature a pavilion designed to house the Jamaican companies that will facilitate engagement with the over 100,000 patrons that are expected to attend the event. B2B (Business-to-Business) meetings will also take place to support the companies during the trade mission, as they look to build meaningful business relationships in the United States.

“The Penn Relays are a great avenue for the promotion of Brand Jamaica because of its high profile as a major event and its historical connection with Jamaica, our athletes, and the diaspora,” explained Minister Hill. “The event therefore provides an opportunity for Jamaica to not only display amazing athletic performances, but to connect with the Jamaican Diaspora expected to attend the event, and will introduce products to buyers and retailers in that area who are interested in securing ethnic food and other goods for their markets.”

The government is also encouraging Jamaicans abroad to invest in agro-processing, skills training, and in logistics, particularly Jamaica’s Special Economic Zones.

Penn Relays trade mission critical part of developing Jamaica’s exports

The mission will be a critical step in Jamaica’s ongoing efforts to identify new export opportunities for manufacturers, establish Jamaica as a supplier of high-quality products, and to increase the international exposure of the country’s exporters. It is one of the island’s major trade executions since the COVID-19 pandemic and is expected to give a boost to the Export Max participants.

Diane Edwards, President of JAMPRO said, “This particular event is expected to generate significant leads for our exporters, and should help them to secure contractual arrangements with targeted US distributors. While this will not be the first time that Jamaica has had major activities at the Penn Relays, I believe that there are advantages to this edition, as this will be the first staging of the competition since the onset of the COVID-19 pandemic. There is also a joyous mood surrounding the event, as it falls in the same year of Jamaica's 60th Anniversary as an independent nation.”

Edwards insisted that the event will reinforce Jamaica’s image as a source of high-quality exports, and will serve many purposes for the manufacturers, as well as buyers. She said, “The companies that will be at the Penn Relays represent the high quality and diversity of Jamaican products, and this initiative will give them the opportunity to be on the world stage and reach new audiences. For the buyers, it will introduce them to Jamaican exporters, and will show them the vast range of products that we have to offer. We believe that this mission will be fruitful for all the participants and stakeholders, and we look forward to seeing the positive impact it will have on the Jamaican economy.”

The Jamaica Promotions Corporation’s (JAMPRO’s) mission is to drive economic development through growth in investment and export. JAMPRO is an Agency of the Ministry of Industry, Investment, and Commerce.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220427005277/en/

Contacts
Tamica Parchment
Integrated Marketing Communications
tparchment@jamprocorp.com
Tele: 876-978-7755

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Schlumberger Announces First-Quarter 2022 Results and Dividend Increase

OSLO, Norway-Thursday 28 April 2022 [ AETOS Wire ]

 

  • Revenue of $6.0 billion increased 14% year-on-year

  • GAAP EPS of $0.36 increased 71% year-on-year

  • EPS, excluding charges and credits, of $0.34 increased 62% year-on-year

  • Cash flow from operations was $131 million, reflecting the seasonal increase in working capital

  • Board approved a 40% increase in cash dividend to $0.175 per share

(BUSINESS WIRE)--Schlumberger Limited (NYSE: SLB) today reported financial results for the first-quarter 2022.

First-Quarter Results

(Stated in millions, except per share amounts)

 

Three Months Ended

 

Change

 

Mar. 31, 2022

 

Dec. 31, 2021

 

Mar. 31, 2021

 

Sequential

 

Year-on-year

Revenue

$5,962

 

$6,225

 

$5,223

 

-4%

 

14%

Income before taxes - GAAP basis

$638

 

$755

 

$386

 

-16%

 

65%

Net income - GAAP basis

$510

 

$601

 

$299

 

-15%

 

70%

Diluted EPS - GAAP basis

$0.36

 

$0.42

 

$0.21

 

-14%

 

71%

       

 

 

 

Adjusted EBITDA*

$1,254

 

$1,381

 

$1,049

 

-9%

 

19%

Adjusted EBITDA margin*

21.0%

 

22.2%

 

20.1%

 

-115 bps

 

94 bps

Pretax segment operating income*

$894

 

$986

 

$664

 

-9%

 

35%

Pretax segment operating margin*

15.0%

 

15.8%

 

12.7%

 

-84 bps

 

229 bps

Net income, excluding charges & credits*

$488

 

$587

 

$299

 

-17%

 

63%

Diluted EPS, excluding charges & credits*

$0.34

 

$0.41

 

$0.21

 

-17%

 

62%

       

 

 

 

Revenue by Geography

      

 

 

 

International

$4,632

 

$4,898

 

$4,211

 

-5%

 

10%

North America

1,282

 

1,281

 

972

 

-

 

32%

Other

48

 

46

 

40

 

n/m

 

n/m

 

$5,962

 

$6,225

 

$5,223

 

-4%

 

14%

         

 

*These are non-GAAP financial measures. See sections titled "Charges & Credits", "Divisions", and "Supplemental Information" for details.

n/m = not meaningful

 

(Stated in millions)

 

Three Months Ended

 

Change

 

Mar. 31, 2022

 

Dec. 31, 2021

 

Mar. 31, 2021

 

Sequential

 

Year-on-year

Revenue by Division

         

Digital & Integration

$857

 

$889

 

$772

 

-4%

 

11%

Reservoir Performance

1,210

 

1,287

 

1,002

 

-6%

 

21%

Well Construction

2,398

 

2,388

 

1,936

 

-

 

24%

Production Systems

1,604

 

1,765

 

1,590

 

-9%

 

1%

Other

(107)

 

(104)

 

(77)

 

n/m

 

n/m

 

$5,962

 

$6,225

 

$5,223

 

-4%

 

14%

       

 

 

 

Pretax Operating Income by Division

      

 

 

 

Digital & Integration

$292

 

$335

 

$247

 

-13%

 

18%

Reservoir Performance

160

 

200

 

102

 

-20%

 

56%

Well Construction

388

 

368

 

210

 

5%

 

85%

Production Systems

114

 

159

 

138

 

-28%

 

-18%

Other

(60)

 

(76)

 

(33)

 

n/m

 

n/m

 

$894

 

$986

 

$664

 

-9%

 

35%

       

 

 

 

Pretax Operating Margin by Division

      

 

 

 

Digital & Integration

34.0%

 

37.7%

 

32.0%

 

-372 bps

 

201 bps

Reservoir Performance

13.2%

 

15.5%

 

10.2%

 

-232 bps

 

299 bps

Well Construction

16.2%

 

15.4%

 

10.8%

 

77 bps

 

534 bps

Production Systems

7.1%

 

9.0%

 

8.7%

 

-192 bps

 

-159 bps

Other

n/m

 

n/m

 

n/m

 

n/m

 

n/m

 

15.0%

 

15.8%

 

12.7%

 

-84 bps

 

229 bps

         

 

n/m = not meaningful

         

Schlumberger CEO Olivier Le Peuch commented, “Our first-quarter results set us firmly on the path to deliver full-year revenue growth in the mid-teens and another year with a significant increase in earnings. Compared to the same quarter last year, revenue grew 14%; EPS—excluding charges and credits—increased 62%; and pretax segment operating margin expanded 229 basis points (bps), led by Well Construction and Reservoir Performance. These results reflect the strength of our core services Divisions, the broad-based activity increase, and the continued realization of our improved operating leverage.

“The quarter also marked the tragic start of the conflict in Ukraine, which is of grave concern. Accordingly, we established local and global crisis management teams to respond to the crisis and its effect on employees, business, and our operations. In addition to ensuring that our operations are compliant with developing sanctions, we took the step in the quarter to suspend new investment and technology deployment to our Russia operations. We urge the cessation of hostilities and are hopeful that peace will return to Ukraine and the entire region.

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Mindbreeze and Integrated Digital Technologies to Partner in the Field of Intelligent Information Provision

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(BUSINESS WIRE) -- Mindbreeze and Integrated Digital Technologies launched a strategic partnership in the field of intelligent knowledge management. Integrated Digital Technologies is a specialist in data analytics, artificial intelligence and data science, supporting customers in the implementation and introduction of advanced technologies with the aim of driving digital transformation.

As a highly efficient solution for the straightforward provision of business-relevant data, Mindbreeze ideally complements the Integrated Digital Technologies portfolio. The AI-based insight engine, Mindbreeze InSpire, uses a combination of traditional search methods and sophisticated approaches to data analysis to interpret enterprise information and provide answers to critical business questions.

Mindbreeze currently serves more than 2,000 of the world's largest companies in a variety of industries, including telecommunications, public administration, aviation, and pharmaceuticals.

“Mindbreeze is a differentiated, innovative technology that enables our customers to extract data from archives and provide key insights to employees across different functional areas - taking into consideration defined layers of security and accessibility. The product capabilities and the strong technical support behind it, in addition to the rich use cases across various industries, allow our customers to confidently rank Mindbreeze as a leader in the field of intelligent knowledge management. It is beyond an Enterprise Search technology,” says Zuhair Barakat, the CEO of Integrated Digital Technologies LLC.

"With Integrated Digital Technologies, we have found a strong partner in the Arab region. Our products and solutions complement each other perfectly and bring companies clear value when it comes to the sustainable and efficient handling of big data and knowledge - regardless of the industry or company size," explains Daniel Fallmann, founder and CEO of Mindbreeze.

About Integrated Digital Technologies

Headquartered in Dubai, Integrated Digital Technologies LLC (IDT) working with multiple clients across the Middle East and Africa. Specialised in digital transformation, big data & advanced analytics, process mining and in the field of intelligent Information Provision, Data Governance, Data Privacy and Protection, provide consulting services, advance technologies with proven records, ML, AI solutions and Post-Deployment Service Support Portfolio.

About Mindbreeze

Mindbreeze is a leading provider of appliances and cloud services for information insight. Using applied artificial intelligence, Mindbreeze's products support the analysis, understanding, and efficient networking of information. This enables a consolidated view of corporate knowledge - regardless of where and how the data is stored.

For more information, visit www.mindbreeze.com or follow us on LinkedIn and Twitter @Mindbreeze.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426005946/en/

Contacts
Mindbreeze
Kathrin Stadler
+43 732 606162-0
pr@mindbreeze.com

 

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Finbots.AI Raises USD 3 Million from Accel in Series A Round

 DUBAI, United Arab Emirates-Thursday 28 April 2022 [ AETOS Wire ]

Series A round participated by single investor, Accel; fresh funds to be deployed to accelerate product enhancement, marketing and sales, and customer support.

Founded by veteran banker Sanjay Uppal, the startup aids financial institutions with innovative AI-powered solutions

Finbots.AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, announced it has raised a successful Series A round of USD 3 Million. This round saw the participation of a single investor – Accel. India drives all of the global development and support for Finbots.AI which has its corporate headquarters in Singapore and a regional head office in Dubai.

With this fundraise, Finbots.AI will look towards accelerating product enhancement, marketing and sales, and customer support. The firm is also looking to recruit senior talent and expand its team across its offices with the fresh funds raised.

Credit Scoring is at the heart of lending to consumers and Small and Medium-sized Enterprises (SMEs). Challenges posed by legacy platforms and practices limit lending institutions’ ability to determine credit risk, thereby resulting in high risk costs and exclusion of a vast pool of creditworthy borrowers estimated at over USD 10 trillion. Finbots.AI’s advanced AI-powered credit scorecard system, ZScore, democratises access to cutting edge capabilities for all financial institutions, enabling them to rapidly develop high accuracy scorecards and process applications in real time.

Commenting on the successful close of its Series A fundraise, Sanjay Uppal, Founder and CEO of Finbots.AI, said, “This new funding unlocks the next phase of growth for Finbots.AI. Financial institutions today need pathbreaking solutions to solve their complex challenges brought by legacy platforms. Tapping on AI-enabled solutions can help them transform exponentially. We are thrilled to have Accel as a partner in this journey, further cementing the potential and trust in our solution. Accel’s impressive track record with growth stage companies will be a key support for Finbots.AI. We have an enormous growth potential and I am excited for our journey to transforming financial services.

Finbots.AI was founded in 2017 by Sanjay Uppal, Founder and CEO, and Shripad Keni, Co-Founder and CTO, a duo of experienced industry leaders equipped with knowledge and expertise within the financial industry. Leveraging on deep understanding of financial services and leading-edge technologies, Finbots.AI aims to deliver transformative outcomes for financial institutions and the community at-large.

Since its inception, the firm identified an opportunity to use AI-powered solutions to aid banks and financial institutions – large to small – to overcome industry challenges. ZScore is a full-scale AI-driven credit scorecard system for lending institutions that spans the entire credit lifecycle. Equipped with an intuitive user interface and robust scorecard development capabilities, ZScore rapidly develops higher accuracy credit scorecards by using advanced Machine Learning (ML) algorithms that utilise historical traditional and alternate data to automatically build, validate, and deploy real-time, high-performing risk models.

With ZScore, financial institutions have better visibility over potential borrowers' credit capacity which consequently and indirectly, lead to higher financial inclusion. The World Bank Group considers financial inclusion a key enabler to reduce extreme poverty and boost shared prosperity. According to the latest Global Findex database[1], 1.7 billion adults worldwide are unbanked, meaning they do not participate in any basic financial products or services.

Mahendran Balachandran, Partner at Accel, shared, “The Finbots.AI team brings decades of collective experience in financial services and technology, and we see great potential and promise in their solution – ZScore – as it strives to remedy and bridge the limitations of legacy credit systems. We, at Accel, are delighted to be a part of Finbot.AI’s growth as they propel forward to enhance financial services by leveraging AI technology to serve the entire community – ranging from the large banks to the small lenders. We see massive potential in this region and FinTech as a vertical.”

Finbots.AI currently has offices in key global hubs – Singapore, India (Hyderabad) and the United Arab Emirates (Dubai). The firm has ambitions to continue increasing its headcount to a total of 50 by the end of 2022 and expanding its footprint into the rest of Asia.

About Finbots.AI

Founded in 2017, Finbots.AI develops innovative AI-powered solutions to aid financial institutions overcome complex challenges and achieve revenue growth, enhanced risk management and cost efficiencies.

The team comprises financial and technology professionals who combine their deep global experience and expertise in leading-edge technologies to develop innovative solutions.

Finbots.AI was recognised as one of the “Top 10 FinTechs in Singapore” at the MAS FinTech Awards 2020.

For more information on Finbots.AI, click here: https://www.finbots.ai/.

[1] https://globalfindex.worldbank.org/.

Contacts
Rasheed Palliyalil

Watermelon Communications

Dubai, UAE

Tel: +971 52 981 7001

Email: rasheed@watermelonme.com

 

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Kioxia to Donate 100 Million Yen in Humanitarian Assistance for the People of Ukraine

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(BUSINESS WIRE) -- Kioxia Corporation today announced it is making a donation of 100 million yen to support humanitarian assistance and relief for those affected by the ongoing conflict in Ukraine. The donation will be made via the UNHCR, the UN Refugee Agency. Kioxia Group sincerely hopes that the conflict can be resolved as soon as possible and that peace and security will be restored in Ukraine.

About Kioxia

Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426006343/en/

Contacts
Kota Yamaji
Public Relations
Kioxia Holdings Corporation
+81-3-6478-2319
kioxia-hd-pr@kioxia.com

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Energy Vault and NTPC, India’s Largest Power Utility, Sign MOU for Gravity-Based Energy Storage Technology

MOU governs the formalization of a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions to support NTPC’s clean energy transition

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & NEW DELHI-Thursday 28 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (“Energy Vault”), a leader in sustainable, grid-scale energy storage solutions, today announced the signing of a Memorandum of Understanding (MOU) with NTPC Limited (NSE India : NTPC, BSE : 532555), the largest power generating utility in India.

The objective of the MOU is to collaborate and formalize a long-term strategic partnership for deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions based on the outcome of a joint feasibility study. The technology also offers beneficial utilization of coal ash for manufacturing of composite blocks for Energy Vault’s gravity-based energy storage system.

“We are excited to partner with NTPC and support India’s largest power utility in its clean energy transition,” said Robert Piconi, Chairman, Co-Founder and CEO, Energy Vault. “Energy Vault’s mission is to make sustainable, carbon free energy a reality and this announcement marks further advancement towards that goal with the expansion into one of the largest global markets for energy. Our collaboration with NTPC builds upon previously announced commercial expansions across multiple continents as we transitioned to a public company earlier this year.”

Gurdeep Singh, Chairman and Managing Director of NTPC said, “As a large, integrated power producer, it is critical for NTPC to have a diverse clean energy portfolio to decarbonize India’s economy. We have enhanced our renewable capacity addition targets to spearhead India’s energy transition goals and we are focusing on Solar, Wind, RTC and Hybrid projects to achieve the targets. The collaboration with Energy Vault will help NTPC in furthering its energy transition goals through a sustainable approach by way of utilizing coal ash for manufacturing of composite blocks. Accordingly, this collaboration will also promote a circular economy.”

About Energy Vault
Energy Vault develops and deploys turnkey sustainable energy storage solutions designed to transform the world’s approach to utility-scale energy storage in realizing decarbonization while maintaining grid resiliency. The company’s proprietary energy management system and optimization software suite is technology agnostic in its ability to orchestrate various generation and energy storage resources to help utilities, independent power producers and large industrial energy users to significantly reduce their levelized cost of energy while maintaining power quality and grid reliability. Energy Vault’s EVx™ gravity-based energy storage system utilizes eco-friendly materials with the ability to integrate waste materials for beneficial re-use. Energy Vault is facilitating the shift to a circular economy while accelerating the clean energy transition for its customers. For additional information, please visit: www.energyvault.com

About NTPC
NTPC, a publicly traded company in India, has a significant presence across the entire value chain of power generation, and is the largest power generating utility in India. NTPC’s total installed capacity is 68.96 GW with plans for total installed capacity of 130 GW by 2032 which would include a renewable energy capacity of 60 GW. By 2032, non-fossil fuel based generation capacity is expected to be equivalent to or more than thermal capacity of NTPC. Additionally, NTPC is exploring opportunities in green energy solutions, including energy storage, E-mobility, Biomass cofiring and reduction in SOx & NOx from fossil fuel based power plants. NTPC is also exploring Green Hydrogen, Waste-to-Fuel, and Carbon Capture and Utilization (CCU) technologies and field demonstration projects in these areas are also in an advanced stage.

Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “designed,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, expectations and timing related to the rollout of Energy Vault’s business and timing of deployments, including with respect to the project announced in this press release.

These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Energy Vault’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Energy Vault.

These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the rollout of Energy Vault’s business and the timing of expected business milestones, including the project announced in this press release; risks related to the joint feasibility study; risks related to the inability or unwillingness of Energy Vault’s customers to perform under sales agreements; risks related to Energy Vault’s the performance and availability of EVS; demand for renewable energy; Energy Vault’s ability to commercialize and sell its solution; ability to negotiate definitive contractual arrangements with potential customers; the impact of competitive technologies; ability to obtain sufficient supply of materials; unanticipated costs; the impact of Covid-19; global economic conditions; ability to meet installation schedules; construction and permitting delays and related increases in costs; and the effects of competition on Energy Vault’s future business; and those factors identified under the caption “Risk Factors” in the Current Report on Form 8-K filed by Energy Vault on February 14, 2022, as amended on March 31, 2022. and other documents of Energy Vault filed, or to be filed, with the SEC.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220427005291/en/

Contacts
Energy Vault
Investors
energyvaultIR@icrinc.com

Media
media@energyvault.com

NTPC
www.ntpc.co.in

 

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Al Zorah Development welcomes ZOYA Health and Wellness Resort

First-of-its-kind wellness resort launched in the Middle East

Ajman, United Arab Emirates-Wednesday 27 April 2022 [ AETOS Wire ]

Al Zorah Development Company welcomes ZOYA Health and Wellness Resort at Al Zorah, the first-of-its-kind five-star retreat in the Middle East region designed to provide a 360-degree wellness experience.

The fully integrated wellness retreat is owned by Saudi entrepreneur Ameer Said in the emirate’s popular Al Zorah development. The 61-room resort overlooks the prime location’s stunning golf course and mangrove forest.

George Saad, CEO of Al Zorah Development Company, said: “Al Zorah stands out as a unique and distinctive lifestyle destination. The addition of ZOYA Health and Wellness Resort, a first-of-its-kind five-star retreat in the Middle East, perfectly aligns with our vision for the development, and we are excited to welcome guests to the resort and Al Zorah as a whole.

The resort offers guests a wide range of bespoke programmes to help improve their well-being and live healthier lifestyles. It also provides a range of tailored treatment programmes based on holistic and unique medical approaches to prevent chronic illnesses. Central to the facility’s offering is detoxing and therapeutic fasting, with complimentary physiotherapy, aesthetic medicine, and nutrition support.

Ameer Said, ZOYA Health and Wellness Resort, stated: “People have faced numerous and varied challenges over the past few years, and ZOYA was born out of a determination to address the ailments of the modern world. We wanted to create a space that fosters the connection between nature, wellness, and people’s need for a regenerative existence.”

He added: “At ZOYA, we aim to be preventative rather than curative, to help our guests lead healthier lifestyles without the need for medication and assistance, and to create a special space that protects, nourishes and invigorates mind, body and soul.”

The retreat offers nine programmes, including Wellcation, Immune Support, Detox, Physiotherapy and Rehabilitation, Weight Management, Liver Support, Rejuvenation, Get Fit and Anti-Aging, which are customised to the needs and lifestyle of guests with the guidance and expertise of medical and health professionals. The tailored programmes, which combine multiple treatments into a holistic, integrative journey, vary from three to fourteen nights with access to state-of-the-art and advanced facilities across the resort and a selection of leisure activities.

Al Zorah occupies 5.4 million square meters of lush beachfront overlooking the Arabian Gulf and mangrove land. The lagoons and mangrove forests of Al Zorah are home to an astonishing variety of native marine and plant life, and also shelter flocks of more than 118 species of resident and migratory birds.

Carefully developed to protect its rich natural heritage, Al Zorah is designed to permit residents and visitors to enjoy its pathways through the white sandy beaches, the golf course, the marinas and the mangroves allowing residents and their guests to explore the beauties of the site.

Al Zorah is only a 25-minute drive from Dubai International Airport and 35 minutes from Dubai international financial centre and Dubai Mall. The development offers world-class hotel and resort, residences, commercial space, leisure facilities, and an 18-hole golf course set within a natural preserved environment of sandy areas and mangroves. It is composed of distinct neighbourhoods with a carefully defined urban character, which are connected via lush green parks, active public spaces, and shaded paths and promenades, resulting in a sustainable and cohesive environment.

The Al Zorah Development (Private) Company P.S.C marks the partnership between the Government of Ajman and Solidere International PLC and is a Free Zone Company under the laws of Ajman, UAE.

ZOYA Health and Wellness Resort is operated by German spa consultancy and management company Premedion, renowned for managing high-end spas and health centres in various countries, including Egypt, Oman, China and Qatar.

ENDS

Notes to Editors

Al Zorah occupies 5.4 million square meters of lush beachfront overlooking the Arabian Gulf and mangrove land. The lagoons and mangrove forests of Al Zorah are home to an astonishing variety of native marine and plant life, and also shelter flocks of more than 118 species of resident and migratory birds.

Carefully developed to protect its rich natural heritage, Al Zorah is designed to permit residents and visitors to enjoy its pathways through the white sandy beaches, the golf course, the marinas and the mangroves allowing residents and their guests to explore the beauties of the site.

Al Zorah is only a 25-minute drive from Dubai International Airport and 35 minutes from Dubai international financial center and Dubai Mall. The development offers world-class hotel and resort, residences, commercial space, leisure facilities, and an 18-hole golf course set within a natural preserved environment of sandy areas and mangroves. It is composed of distinct neighborhoods with a carefully defined urban character, which are connected via lush green parks, active public spaces, and shaded paths and promenades, resulting in a sustainable and cohesive environment.

The Al Zorah Development (Private) Company P.S.C marks the partnership between the Government of Ajman and Solidere International PLC and is a Free Zone Company under the laws of Ajman, UAE.

Contacts
Wafa Ahmed

0569474164 

w.ahmad@saharapr.com

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Gulftainer picks up the Emirates Nature-WWF ‘Leaders of Change’ award for their pioneering role in sustainability and environment

 

• Emirates Nature-WWF announce ‘Leaders of Change’ at VIP event

• Gulftainer honoured for its commitment to environmental causes such as “Save the Turtle”
Sharjah, United Arab Emirates-Wednesday 27 April 2022 [ AETOS Wire ]

Gulftainer, the largest privately owned, independent port management and logistics company in the world, has been honoured with the Emirates Nature-WWF ‘Leaders of Change’ award at the VIP Pledge to ‘Go Beyond the Hour’ event, conducted lately.

The ‘Go Beyond the Hour’ initiative called on key government and corporate entities to ambitiously look beyond Earth Hour and make a longer-term commitment to protecting the environment, championing conservation and preserving nature.  The closed-door event in the UAE Pavilion attracted VIP guests and esteemed guest speakers including His Excellency Mohammed Al Bowardi, Minister of State for Defense and Chairman of Emirates Nature-WWF, Her Excellency Mariam Almheiri, Minister of Climate Change and Environment, and Her Excellency Razan Al Mubarak, Managing Director of Emirates Nature-WWF and President of the IUCN.

Peter Richards, CEO of Gulftainer said:“We are pleased to be honoured with this award which demonstrates the company’s long-standing commitment to issues about the environment in which we live.  The company has shown that we all have a role to play in protecting the earth and with the unwavering commitment of Gulftainer, the UAE will continue to achieve conservation goals beyond the hour and into the future.”

Gulftainer has long been at the forefront of environmental causes from the famous “Save the Turtle” campaign in partnership with Emirates Wildlife Society to its philanthropic efforts to assist communities in times of crisis, the company remains committed to the values of respect and commitment to preserving the environment.

Accepting the award for their exceptional efforts in sustainability and commitment to the national environmental agenda, David Casey, COO of Gulftainer said:

“We gratefully accept the ‘Leaders of Change’ award which is a testament to our vision to undertake additional social responsibilities for the betterment of the communities which we serve and society as a whole. Through our commitment to a corporate social responsibility strategy, we will continue to search out more innovative and effective ways to address global issues such as climate change, poverty and disease through our business.”

The ‘Leaders of Change’ award demonstrates Gulftainer’s ongoing active commitment to the community, society and environment in which it operates and its drive towards overcoming the climate crisis, and building a stronger, more sustainable UAE.

Ends

About Gulftainer

Established in 1976, Gulftainer is a privately owned, independent port management and 3PL logistics company based in the United Arab Emirates (UAE) and for more than 40 years it has been delivering a world-class performance to its customers. Its global footprint including operations in the UAE, Iraq, Saudi Arabia, and the USA. 

Gulftainer is excited to create an open, collaborative platform to lead the port industry’s revolution, engaging startups, entrepreneurs, and other stakeholders to create the future of the ports and logistics industry. For more information on Gulftainer, visit www.gulftainer.com. 

Contacts
Mohammed Al Barazenjey 

+971557163727

mb@saharapr.com

 

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LG ELECTRONICS REVOLUTIONISES VACUUMING WITH LAUNCH OF CordZero™ A9

The All-in-One Cleaning Solution for Seamless Home Care
DUBAI, United Arab Emirates-Wednesday 27 April 2022 [ AETOS Wire ]

This month, LG Electronics (LG) is bringing a premium home cleaning experience to the region with the arrival of the LG CordZero™ A9 Kompressor and A9 Kompressor™ All In One.  An intelligent and powerful cleaning device for seamless homecare, the vacuum revolutionizes the home with top notch features for the ultimate clean.

Understanding vacuuming the house can be a long strenuous task; from changing nozzles, constant charging to packing and unpacking the vacuum, keeping home spic and span requires patience and effort. In today’s modern hectic life, it is quite bothersome. LG Electronics understands these struggles, which is why the CordZero™ A9 Kompressor and A9 Kompressor™ All In One are the perfect addition to your smart home.

Power Drive Nozzle

For an efficient and clean home, changing nozzles is a must. With four types of Power Drive Nozzles applied to LG CordZero’s Power Drive Motor technology, residents can be assured of a thorough cleaning with each nozzle. The Power Drive Multi Surface Nozzle is a must for multi surface and specialized carpets while the Slim Nozzle is best for hard floors. For troublesome pet hair and narrow surfaces, look to the Power Drive Mini Nozzle to ensure efficient clean up.  The Power Drive Mop Nozzle is an additional purchased option for those who want to target specialized hard floor and utilize mapping technology. Having a variety of nozzles is important because what works on a wooden surface, may underperform in the carpeted area. Similarly, pet hair is often a hassle to manage as it clogs the nozzle. LG CordZero’s™ Power Drive Motor, coupled with Anti-Tangle technology, guarantees thorough cleaning. The carpet nozzle’s Direct Drive Motor digs deep in the carpet. Use the right nozzle to ensure optimum cleaning every time.  

Long Run time

The biggest hassle of using the wireless vacuum is the low battery life. Cleaning the house according to the charging left, is simply impractical. The LG CordZero™ A9 and A9 Kompressor™ All In One have two swappable Lithium-Ion batteries. This Dual Power Pack gives users 120 minutes of cleaning. Inter-changeable, once the battery outlives its lifespan, it is easily replaced. With a long battery life, cleaning the house is stress-free and convenient.

Easy storage and Charging

Most vacuums require wall mounts, take up too much space and thus, can be pretty troublesome for most users. The LG CordZero™ Handstick can be stored easily and neatly in your house in three different ways: Wall-mount mode, Floor-stand mode and Compact mode. The A9 Kompressor™ All In One has the sleek and ingenious Tower design which is the epitome of convenience. It stores, charges, and empties the CordZero™ Handstick Vacuum all at the same time.

Multi-Purpose Tools

Using the same tools to clean all areas of the home is near impossible. With limited cleaning range, they possibly can’t clean all the areas. With LG CordZero™, users get Multi-Purpose Tools which makes cleaning the home super easy and fast. With multiple vacuum tools, effective cleaning is not a project.

User can reduce cleaning time by vacuuming and mopping at the same time with the Power Drive™ Mop.

While the Slim Power Drive™ Nozzle successfully cleans dust, dirt, and pet hair from hard-to-reach spaces, the Crevice Tool is useful for cleaning awkward and hard-to-get-to areas. Other nozzles include Power Drive ™ Mini, Combination Tool, Slim Power Drive Nozzle™ and Multi-Surface Nozzle. The A9 Kompressor™ All In One has vacuum & Mop together at the same time.

Easy Management

With the ThinQ™ App, managing the vacuum is easy. It alerts the filter’s status and reminds users to charge the battery. Similarly, the LG KOMPRESSOR™ technology saves time by compressing dust and hair collected in the bin. It compresses the dust and hair by up to 2.4 times, meaning users clean out the bin less often. To empty, simply push down the Kompressor lever with the door open to clear the contents. It also comes with a durable cleaning technology with a 10-year warranty.

The LG CordZero A9 Kompressor™ comes to the UAE in May retailing for 2,799 AED and the A9 Kompressor™ All In One for 4,500 AED . For more details on models available please visit:

https://www.lg.com/ae/vacuum-cleaners/lg-a9t-ultra-uae

https://www.lg.com/ae/vacuum-cleaners/lg-a9k-core-uae

About LG Electronics Home Appliance & Air Solution Company

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com.

Contacts
Media Contacts 

LG-One

Assele Kahwaji 

Email: Assele.Kahwaji@lg-one.com

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L'Afrique cherche à libérer un énorme potentiel inexploité de paiements en temps réel- Rapport mondial de l’ACI

CAPE TOWN, Afrique du Sud-Mardi 26 Avril 2022 [ AETOS Wire ]
 
La 3ème édition du rapport "Prime Time for Real-Time" publié par ACI met en évidence l’augmentation  des paiements en temps réel dans la région et les avantages économiques débloqués par les paiements en temps réel
 
Selon GlobalData, 118,3 milliards de transactions de paiement en temps réel ont été effectuées dans le monde en 2021, et devraient atteindre 427,7 milliards en 2026, soit une croissance annuelle de 64,5%
 
Les paiements en temps réel devraient contribuer à générer un PIB supplémentaire de 173 milliards de dollars américains d'ici 2026, contre 78,4 milliards de dollars américains en 2021 – selon une étude d'impact économique effectuée par le Center for Economics and Business Research (Cebr) portant sur  30 des plus grandes économies du monde, y compris les pays industrialisés et les pays en développement.
 
L'étude du Cebr expose  des recommandations politiques pour maximiser l'impact économique des paiements en temps réel
 
(BUSINESS WIRE)-- Les pays africains se tournent vers les paiements en temps réel pour stimuler la croissance économique et l'inclusion financière, selon la 3ème édition du rapport intitulé Prime-Time for Real Time 2022, publié par ACI Worldwide, (NASDAQ: ACIW), en partenariat avec GlobalData, une société pionnière en matière de données et d'analyses, et le Center for Economics and Business Research (Cebr). Le rapport, qui suit le volume et la croissance des paiements en temps réel dans 53 pays, comprend pour la première fois une étude d'impact économique. Celle-ci offre une vue d’ensemble des avantages économiques des paiements en temps réel pour les consommateurs, les entreprises et l'économie au sens large dans 30 pays. Le rapport englobe tous les pays du G20, à l'exception de la Russie. *
 
L’étude montre que les gouvernements qui développent et modernisent en temps réel leur infrastructure nationale de paiement créent une situation avantageuse pour toutes les parties prenantes de l'écosystème des paiements. En effet, les consommateurs et les entreprises bénéficient de services de paiement rapides, sans friction et hyper-connectés, les institutions financières protègent leurs activités contre l'obsolescence dans un environnement hautement concurrentiel en accélérant la modernisation centrée sur le cloud et les données, et les gouvernements nationaux stimulent la croissance économique, réduisent la taille de leur économie souterraine et créent un système financier plus équitable pour tous.
 
 Les Principales régions d'Afrique
 
Afrique du Sud
 
Les paiements en temps réel n'ont pas réussi à s’imposer bien qu'ils soient disponibles depuis plus de 15 ans.  Ils ne représentaient que 0,8% du total des paiements du pays en 2021.
Les volumes de transactions en 2021 étaient de 123 millions, et sont prévues d'atteindre 499 millions d'ici 2026, soit un TCAC de 32,4%.
Les paiements en temps réel ont représenté 15 millions de dollars de production économique, soit l’équivalent de 0,003% du PIB officiel  en 2021, pour atteindre 183 millions de dollars et 0,03% du PIB prévu en 2026, respectivement.
Nigeria
 
Contrairement à l'Afrique du Sud, la relation de longue date du Nigéria avec les paiements en temps réel a évolué en un système de paiement en temps réel, considéré  comme étant le plus développé et le plus réussi d'Afrique.
En 2021, le pays a enregistré 3,7 milliards de transactions en temps réel, ce qui a entraîné des économies de coûts estimées à 296 millions de dollars pour les entreprises et les consommateurs. Ceci a permis de débloquer 3,2 milliards de dollars de production économique supplémentaire, soit 0,67% du PIB du pays.
Avec des transactions en temps réel prévues d'atteindre 8,8 milliards en 2026, les économies nettes pour les consommateurs et les entreprises devraient atteindre 2,3 milliards de dollars, ce qui contribuera à générer 6 milliards de dollars supplémentaires de production économique, soit 1,01% du PIB prévu  du pays.
Selon le Cebr, l'impact théorique de tous les paiements au Nigéria en temps réel pourrait ajouter 4,4% au PIB officiel d'ici 2026. Cela ne signifie pas qu'il n'y a plus de place pour les paiements électroniques non instantanés ou les paiements sur papier.
Malgré le succès mitigé résultant de certains systèmes de paiement existants en temps réel, l'Afrique reste un continent au potentiel inexploité, avec 20 États absents de tout système de paiement en temps réel en 2021.
 
"L'Afrique occupe une position idéale pour capitaliser sur les leçons tirées  d'autres pays et continents et maximiser l'impact et les avantages des paiements en temps réel", a déclaré Santhosh Rao, Responsable d'ACI Worldwide au Moyen-Orient, en Afrique et en Asie du Sud. "Il y a un regain de volonté et d'enthousiasme à travers le continent pour accroître l'inclusion financière et utiliser les paiements en temps réel pour bâtir les futures économies numériques du continent".
 
Pour sa part, Jeremy Wilmot, Chef de produit chez ACI Worldwide a souligné : "Les transactions en temps réel et les prévisions de croissance continuent d'augmenter à l'échelle mondiale, en parallèle avec les pays émergents comme l'Inde  qui ouvre la voie et dépassent les pays développés. Alors que les gouvernements du monde entier intensifient en particulier leurs interventions dans les paiements en temps réel, ils sont considérés comme le principal catalyseur de la croissance économique et de la prospérité. Ils offrent en effet aux consommateurs et aux entreprises des méthodes de paiement moins chères, plus rapides et plus efficaces.". "En Inde, les paiements sont de plus en plus intégrés aux applications et services numériques non financiers, et ce en parallèle avec les clients recherchant une expérience utilisateur hyper-connectée et sans friction", a poursuivi Jeremy Wilmot.
 
"En permettant le transfert d'argent entre les parties en quelques secondes plutôt qu'en quelques jours, les paiements en temps réel améliorent l'efficacité globale du marché dans l'économie", a commenté Owen Good, Responsable du conseil au Center for Economics and Business Research. "Les paiements en temps réel améliorent la liquidité du système financier et servent donc comme un catalyseur de la croissance économique. Ceci est particulièrement important pour nos économies de type "gig" qui sont en évolution rapide et sont dirigées par  le numérique. Les travailleurs sont payés rapidement, ce qui leur permet de mieux planifier leurs finances. Les entreprises ont plus de flexibilité et réduisent leur besoin en une gestion fastidieuse des flux de trésorerie ".
 
Sam Murrant, Analyste principal, chez GlobalData a déclaré : "Les pays en développement continuent d'être à l'origine de la majorité des gains de volume en temps réel, confirmant la tendance du secteur selon laquelle la plus forte croissance provient d'économies disposant d'une infrastructure de paiements électroniques existante minimale, et donc une plus forte dépendance à l'égard des espèces". "Au centre de ces activités, le mobile sous ses multiples formes façonnera la trajectoire des paiements en temps réel pour les marchés en développement. L'Inde fournit le modèle d'intégration du portefeuille mobile avec les systèmes de paiement sous-jacents en temps réel. Le mobile restera le principal facteur de forme sur les marchés développés. Cependant, nous pourrions observer l'implication des banques  se placer  davantage derrière  les portefeuilles", a-t-il ajouté.
 
Rapport Prime Time Real Time 2022 - Tous les chiffres mondiaux en un coup d'œil
 
GlobalData - Croissance des paiements en temps réel :
 
 
 
2021
 
2026
 
 
 
Transactions en temps réel effectuées dans le monde entier
 
118.3 milliards
 
427.7 milliards
 
Croissance annuelle de
 
64,5%
 
 
 
 
2021
 
Cinq pays ayant le plus grand volume de transactions de paiement en temps réel
 
Inde
48.6 milliards
 
Chine
18.5 milliards
 
Thaïlande
9.7 milliards
 
Brésil
8.7 milliards
 
Corée du Sud
7.4 milliards
 
 
 
TCAC 2021 – 2026
 
Meilleurs 5 marchés en temps réel à la croissance la plus rapide (où la part des paiements instantanés dans tous les paiements électroniques était de 10 % en 2021)
 
Brésil
56.8%
 
Oman
41.0%
 
Inde
33.5%
 
Philippines
31.7%
 
Malaisie
26.9%
 
Croissance la plus rapide des transactions en temps réel par région
 
Amérique du Sud et centrale
 
51.3%
 
Moyen-Orient, Afrique et Asie du Sud
32.6%
 
Amérique du Nord
30.2%
 
Europe
23.0%
 
Asie-Pacifique
15.0%
 
 
Impact économique en temps réel de Cebr :
 
 
 
2021
 
2026
 
Économies nettes agrégées pour les consommateurs et les entreprises facilitées par les paiements en temps réel dans les 30 pays observés
 
46,6 milliards de dollars américains
 
184,0 milliards de dollars américains
 
PIB officiel facilité par les paiements en temps réel
 
78,4 milliards de dollars américains
 
(Équivalent à 0,10% du PIB combiné dans 30 pays)
 
173,0 milliards de dollars américains
 
(Équivalent à 0,19% du PIB combiné prévu dans 30 pays)
 
Nombre global d'emplois nécessaires pour produire un niveau de production équivalent 
 
4,9 milliards d'emplois
 
10.3 milliards d'emplois
 
Inde, Brésil, Chine, Thaïlande, Corée du Sud – avantages au niveau des entreprises et des consommateurs
 
37,0 milliards de dollars américains combinés
 
164,6 milliards de dollars américains combinés
 
Inde, Brésil, Chine, Thaïlande, Corée du Sud – PIB officiel  soutenu par les paiements en temps réel : 
 
54,6 milliards de dollars américains
 
(Équivalent à 0,23% du PIB combiné dans cinq pays, ou à l'équivalent de la production de 4,1 milliards  travailleurs)
 
131,7 milliards de dollars américains
 
(Équivalent à 0,43% du PIB combiné prévu dans cinq pays, ou à l'équivalent de la production de 9,0 milliards  travailleurs)
 
États-Unis, Canada, Royaume-Uni, France, Allemagne – avantages au niveau des entreprises et des consommateurs
 
2,1 milliards de dollars américains combinés
 
5,5 milliards de dollars américains combinés
 
États-Unis, Canada, Royaume-Uni, France, Allemagne - PIB officiel  soutenu par les paiements en temps réel : 
 
7,3 milliards
 
(Équivalent à 0,02% du PIB combiné dans cinq pays, ou à l'équivalent de la production de 70,4 milliards de travailleurs)
 
13,9 milliards
 
(Équivalent à 0,04% du PIB combiné prévu dans cinq pays, ou à l'équivalent de la production de 118,9 milliards de travailleurs)
 
 
GlobalData - Modernisation des paiements des consommateurs :
 
 
 
2021
 
Plus de la moitié des consommateurs dans le monde possèdent et utilisent désormais un portefeuille mobile:
 
52,7 1%
 
en hausse de 12,1 % au cours des deux années depuis 2019 (impact Covid-19), et de 33,8 % depuis 2018.
 
 
GlobalData - Tendances de la fraude
 
 
2020
 
2021
 
Les cas de vol de données de cartes en ligne sont en baisse - 2021 a vu une légère diminution des cas
 
 
 
17.5%
 
16.9%
 
Les cas des détails des cartes volés ou écrémés en personne sont également en baisse – 2021 a témoigné une diminution des cas                     
 
 
 
15.5%
 
0.5%
 
 
 
 
 Les cas de piratage de comptes de portefeuilles numériques, d'usurpation d'identité et d'ingénierie sociale sont en augmentation. Pourcentage du total des cas de fraude :  
 
2020
 
2021
 
 Piratage de comptes de portefeuilles numériques
 
6.2%
 
7.3%
 
Usurpation d'identité
 
11.6%
 
12.0%
 
Ingénierie sociale
 
 
 
13.7%
 
 
 
14.4%
 
 
*Note aux éditeurs : en l'absence d'un ensemble de données solides, la Russie n'a pas été incluse dans l'étude d'impact économique du Cebr.
 
À propos d'ACI Worldwide
 
ACI Worldwide est une société mondiale pionnière dans le domaine des logiciels essentiels de paiement en temps réel. Nos solutions logicielles éprouvées, sécurisées et évolutives permettent aux entreprises pionnières, aux fintechs, aux révolutionnaires financiers et aux commerçants de traiter et de gérer les paiements numériques, d'alimenter les paiements omni-commerce, de présenter et de traiter les paiements de factures et de gérer la fraude et les risques. Nous combinons notre empreinte mondiale avec une présence locale pour conduire la transformation numérique des paiements en temps réel et du commerce.
 
© Copyright ACI Worldwide, Inc. 2020
 
ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay et tous les noms des produits/solutions d'ACI sont des marques commerciales ou des marques déposées d'ACI Worldwide, Inc., ou de l'une de ses filiales, aux États-Unis, dans d'autres pays ou dans les deux. Les marques déposées des autres parties citées  sont la propriété de leurs détenteurs respectifs.
 
Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.
 
Contacts
Média
Katrin Boettger
katrin.boettger@aciworldwide.com
Europe, Moyen-Orient et Afrique
 
Nidhi Alberti
nidhi.alberti@aciworldwide.com
Amérique du Nord, Amérique Latine
 
Gary Hamilton-Walker
gary.hamilton-walker@aciworldwide.com
Asie-Pacifique, Asie du Sud
 

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L'extension du Gold Souk est prête à accueillir le monde, couronnant Dubaï comme la destination mondiale de la joaillerie.

L'inauguration officielle de l'extension du Souk de l'or coïncide avec la célébration de Aïd Al Fitr, confirme Ithra Dubai

 

Dubaï, Émirats Arabes Unis-Mercredi 27 Avril 2022 [ AETOS Wire ]

Ithra Dubai, l'un des promoteurs et gestionnaires immobiliers pionniers, entièrement détenu par Investment Corporation of Dubai, a le plaisir d'annoncer l’inauguration officielle  de l'extension du Gold Souk à Dubaï. La cérémonie d'inauguration s'est déroulée en présence de représentants clés d'Ithra Dubai et de Dubai Jewellery Group. Une célébration inaugurale avec un programme resplendissant de divertissements, d'activités et de promotions aura lieu jusqu'au 8 mai, créant une atmosphère festive que toute la famille appréciera.

L'extension du souk de l'or de Dubaï rajeunira le cœur historique et commercial de Dubaï et ravivera la réputation de Dubaï connue en tant que  ville de l'or, offrant une expérience de shopping et de commerce de qualité. L'extension du souk de l'or sera le joyau du projet d'enrichissement de Deira, une communauté moderne à usage mixte développée pour la vie résidentielle, les affaires, le commerce et les loisirs. Elle comprend un centre de transport qui relie Deira au cœur de Dubaï et assure une accessibilité supérieure au projet.

L'extension du souk de l'or de Dubaï conserve le charme et les caractéristiques culturelles du souk d’origine, mais offre une expérience  plus urbaine avec des allées ombragées, des installations de qualité supérieure, notamment des ateliers et des espaces de cotravail, un parking couvert, des restaurants, une promenade au bord de l'eau à proximité et une gamme d'hôtels. Elle est destinée aux résidents, aux entrepreneurs et aux touristes du monde entier.

Sur les 295 boutiques, plus de 50 marques de bijoux ont ouvert leurs portes pendant la phase de lacement et, pour l’ouverture officiel, d’autres marques et de restaurants spécialisés  vont s'installer.

M. Issam Galadari, directeur et PDG d'Ithra Dubai, a déclaré : "L'extension du souk de l'or est un hommage à l'héritage commercial de Dubaï, et nous sommes fiers d'en faire partie. L'importance historique de cette zone a été rehaussée pour offrir une expérience riche tout en accueillant un nombre croissant de visiteurs. Située dans le centre commercial initial de Dubaï, l'extension du souk de l'or sera l'une des principales attractions culturelles de Dubaï et la destination mondiale des bijoux, revitalisant le surnom de Dubaï : la ville de l'or".

Conformément à la stratégie de développement  urbain 2040 de Dubaï, ce projet  de 1 181 025 pieds carrés transformera l'héritage de l'émirat en une réalité moderne, soutenant le commerce, le tourisme et la croissance afin d'assurer un avenir en or.

À propos du projet d'enrichissement de Deira et de l'extension du Gold Souk :

Avec une variété d'offres résidentielles, commerciales et hôtelières, le projet d'enrichissement Deira rajeunira le cœur historique et commercial de Dubaï tout en préservant ses caractéristiques culturelles.

Deira est la pierre angulaire de l'héritage commercial de Dubaï ; un lieu riche en culture, en histoire et en tradition. Des appartements donnant sur la crique ou une extension du Souk de Deira, le projet de développement rehaussera la riche tapisserie tissée par les communautés passées et présentes.

 

Couvrant une superficie de 1 181 025 pieds carrés, la nouvelle extension du Gold Souk accueillera plus de 295 unités de vente au détail, une surface bureaux d'une superficie de 255 00 pieds carrés et 468 résidences de haute qualité.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

 

Contacts

Yara Bou Hadir

pressenquiries@sabaconsultants.ae

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The Gold Souk Extension is ready to welcome the world, crowning Dubai as the Jewellery Destination of the world

The grand opening of the Gold Souk Extension is just in time for the celebration of Eid Al Fitr, confirms Ithra Dubai
DUBAI, UNITED ARAB EMIRATES.-Wednesday 27 April 2022 [ AETOS Wire ]

Ithra Dubai, a leading real estate developer and manager, fully owned by the Investment Corporation of Dubai, is pleased to announce the grand opening of the Dubai Gold Souk Extension (GSE). The opening ceremony was attended by key representatives from Ithra Dubai and Dubai Jewellery Group. An inaugural celebration with a golden line-up of entertainment, activations, and promotions will take place until May 8th, creating a festive atmosphere the whole family will enjoy.

The Dubai Gold Souk Extension will rejuvenate Dubai’s historic heart of commerce and reignite Dubai’s reputation as the City of Gold, delivering an elevated shopping and trading experience. The GSE will be the crowning jewel of the Deira Enrichment Project, a modern mixed-use community developed for residential living, business, commerce, and leisure and features a transportation hub that connects Deira to the heart of Dubai. and ensures superior accessibility to the project.

The Dubai Gold Souk Extension maintains the charm and cultural characteristics of the original souk but offers a more urban experience with shaded walkways, superior facilities including workshops and co-working spaces, covered parking, restaurants, a nearby waterfront promenade, and a range of hotels; catering to residents, entrepreneurs, and tourists from around the world.

Of the 295 shops, over 50 jewellery brands have opened during the soft launch and for the grand opening, more brands and specialty restaurants are setting up shop.

Mr. Issam Galadari, Director and CEO of Ithra Dubai said, “The Gold Souk Extension is a tribute to Dubai’s legacy of trade, and we are proud to be part of it. The historic significance of this area has been uplifted to provide an enriched experience while accommodating the increasing number of visitors. Located in Dubai’s original trading hub, it will be one of Dubai’s top cultural attractions and the world’s destination for jewellery, revitalising Dubai’s moniker: the City of Gold.”

In line with Dubai’s 2040 Urban Master Plan, this 1,181,025 ft2 development will transform the Emirate’s legacy into modern reality, supporting trade, tourism, and growth to secure a golden future.

About the Deira Enrichment Project and the Gold Souk Extension:

With a mix of residential, retail, and hospitality offerings, Deira Enrichment Project will rejuvenate Dubai’s historic heart of commerce while preserving its cultural characteristics.

Deira is the cornerstone of Dubai’s trading legacy; a place rich in culture, history, and tradition. From apartments overlooking The Creek to an extension of the Deira Souk, the development will uplift the rich tapestry woven by communities past and present.

Covering a GFA area of 1,181,025 ft2, the new Gold Souk Extension will host 295+ retail units, 255,00 ft2 of office space, and 468 high-quality residences.

Contacts

Yara Bou Hadir

pressenquiries@sabaconsultants.ae

Permalink : https://www.aetoswire.com/news/the-gold-souk-extension-is-ready-to-welcome-the-world-crowning-dubai-as-nbspthe-jewellery-destination-of-the-world/en

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The Breteau Foundation Joins Forces with Animation Studios ‘ZAG’ and ‘ON Kids & Family’ (Mediawan Group), Producers of Miraculous™ – Tales of Ladybug and Cat Noir, for a Special Episode on Tackling Plastic Use

LONDON & PARIS & SANTA MONICA, Calif.-Wednesday 27 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- International non-profit the Breteau Foundation, which provides quality education tools to disadvantaged children worldwide–has announced a partnership with award-winning global independent animation studios ZAG and ON kids & Family (Mediawan Group) to collaborate on a special episode of the global hit animated series Miraculous – Tales of Ladybug and Cat Noir to raise awareness about the global plastic crisis. To be released in Spring 2023, the episode, which will reach millions of Miraculous fans around the globe, seeks to inspire the next generation of would-be sustainable change makers in the fight against plastic.

In this special episode, Marinette, Adrien and their friends want to actively fight plastic pollution in Paris, but as a small group, the task seems just too enormous. It occurs to Marinette that they should try to fix the problem at the root, by trying to meet with the largest plastic manufacturer in person and convince him to change his habits. But the heroes are about to meet an opponent in plain clothes far more fearsome than some of the supervillains they encounter! And what if, on top of that, Monarch, the super villain, decided to akumatize the baron of plastic?

The Breteau Foundation initiated the collaboration with ZAG and ON kids & family (Mediawan Group) in 2020 after searching for an entertainment partner with a strong presence among children. While ZAG and ON kids & family (Mediawan Group) is producing the special episode on reducing plastic, the Breteau Foundation will work with them to enhance the script with key educational messages. Furthermore, the Breteau Foundation is developing an accompanying series of workshops that will include lesson plans, teaching resources and STEAM learning tools catered to local primary school curriculum and available to download for free.

“At the Breteau Foundation, we believe in providing opportunities for children to become engaged in real world issues that transcend classroom walls. Partnering with Miraculous Ladybug to produce a special episode on Plastic was a unique opportunity for us to reach millions of children worldwide to raise awareness on the Global Plastic Crisis and inspire them to become active changemakers,” commented Sebastien Breteau, Founder of the Breteau Foundation.

"We are sensitive to ecology and environmental protection through the actions we plan to launch shortly within our future foundation ZAG Forest. In this context, it seemed obvious to us to participate in the initiative of the Breteau foundation and to put our heroes at the service of this cause. Ladybug and Cat Noir are the best ambassadors of tomorrow's issues and will be able to accompany children in their ability to create a better world," adds Jeremy Zag, CEO and Founder, ZAG.

"We are very happy to get involved with the Breteau Foundation in an absolutely essential initiative: to enable our children to be aware of current issues and to protect the future of the planet. This message will be all the more powerful as it is carried by Ladybug, a heroine as famous as she is aspirational. The DNA of our series and the values it conveys are naturally in line with the issues defended by the Breteau Foundation,” declares Aton Soumache, Founder and President of ON Kids & Family.

The educational film and workshops will be accessible for free on the Breteau Foundation website in Spring 2023, available initially in six languages: English, Spanish, Portuguese, French, Italian and Norwegian.

This approach is also part of a global dynamic of the Mediawan group, which wishes to commit itself fully in the upcoming months to measuring the impact of its activities on the environment.

For more information and to pre-register, head to this link on the Breteau Foundation website.

About the Breteau Foundation

Established in 2014, the Breteau Foundation is a global non-profit organization that has provided quality and inclusive education to the most disadvantaged primary schools and children in 11 countries worldwide. We specialise in EdTech; providing schools with computer tablets loaded with world-class apps that are aligned to local languages & national curriculums. We also deliver extensive teacher training & strategic support to school leaders to build capability & confidence so that schools are autonomous in 2 years.

In direct response to the Covid pandemic, the Foundation has diversified its response to include literacy and numeracy based tablet programs for offline learning at home, a STEAM (Science, engineering, technology Arts & Maths) programme to support at home learning that encourage students to use problem solving, creativity, entrepreneurship and teamwork to create solutions to real-world problems.

We give children & families hope, insight to the world via technology with more opportunity & pathways to brighter futures.

About Miraculous™: Tales of Ladybug & Cat Noir

The 3D-CGI-animated superhero aspirational action-comedy series Miraculous™: Tales of Ladybug & Cat Noir, created by ZAG and co-produced with ON kids & family (Mediawan Group), follows the adventures of two seemingly typical teens with secret identities, Marinette and Adrien, who magically transform into superheroes, Ladybug and Cat Noir. As secret superheroes, Ladybug and Cat Noir are partners in the action. But in the daytime, Marinette is just a normal girl, living a normal life. Cat Noir will do anything to support and impress Ladybug, but does not know this is Marinette from his class. Marinette, the regular girl, in turn dreams of Adrien and simply gets little response. When evil threatens Paris, their beloved City of Lights, can they beat the unexpected villains?

Miraculous™ is everyone’s superhero story. The series is ranked by IMDB amongst the Top 10 Best Animated Shows in the last 20 years. Season four of the Miraculous™: Tales of Ladybug & Cat Noir animated TV series started to roll out in over 120 countries across the globe during spring/summer 2021, and ZAG is currently in production on seasons four and five of the series. With a massive fan base of young adult “Miraculers,” (ages 15-25), Miraculous has become a digital planetary craze with over 30 billion views on YouTube (authorized and user-generated content). Miraculous is the winner of 25 awards, including the 2018 Teen Choice Award for Choice Animated Series.

Discover more at:
https://www.miraculousladybug.com
https://www.youtube.com/c/miraculousladybug

About ZAG

ZAG America, LLC is a global independent entertainment studio specializing in world-class storytelling across TV, film, and digital platforms. ZAG’s foundation is rooted in compelling characters, limitless imagination, and masterful storytelling infused with original musical scores. The company is home to world-class entertainment properties under the ZAG HEROEZ label, including Miraculous™: Tales of Ladybug & Cat Noir as well as new titles Power Players (2019) and Ghost Force (2021). Visionary director and composer Jeremy Zag founded the Zag Kids and Family Entertainment Group in France in 2009, further expanding the company to the USA in 2012 with the Global Brand Franchise office in Santa Monica, California. Based in Paris, the creative headquarters, known as the “ZAG Lab,” focuses on developing engaging stories beyond the screen into brands that inspire the new generation to discover their true character. https://www.zag.com

About ON kids & family

Cofounded by Aton Soumache, Dimitri Rassam, and Thierry Pasquet, ON kids & family is an independent European studio with global outreach in the production of animated content for kids and family, mainly television series and feature films created for diverse and international audiences. With about 500 collaborators in Paris, Montreal, Los Angeles and Luxembourg, ON kids & family unites creators and partners from all around the world. Together, they develop brands with different formats: animated series and feature films, licensing and merchandising, digital platforms and content. The Group combines innovation, technology, and international talents to bring magical and extraordinary universes to kids and families through its numerous productions, such as THE LITTLE PRINCE, MIRACULOUS, LITTLE NICK, TALL TALES or ROBIN HOOD, which attracted record-breaking audiences and are a big global success. ON kids & family also produced the animated feature film PLAYMOBIL: THE MOVIE, directed by Lino DiSalvo (Pathé Distribution). In 2019, the company, together with the acclaimed author Joann Sfar, created Joann Sfar’s Magical Society, which is dedicated to the development of the author’s universes. The first fruit of this collaboration was the release of LITTLE VAMPIRE, on October 21st 2020. In June 2018, ON kids & family joined the Mediawan Group.

More info on ON kids & family: www.onkidsandfamily.com

About Mediawan

Created in late 2015 by Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse, Mediawan is one of the main independent European studios producing audiovisual content. The Group brings together best-in- class talents in audiovisual creation by operating on the entire value chain: production of drama, unscripted, documentary, cinema and animated original content, thanks to over 50 production labels in France, Italy, Spain, England, the Netherlands, Finland and Senegal (Mediawan Studios) distribution of audiovisual content (Mediawan Rights, LS Distribution and Telmondis Distribution) and publishing of channels and digital services (Mediawan Thematics) as well as the development and production of digital content (Mediawan Digital Studios). For the past year, Mediawan, in partnership with LEONINE STUDIOS, has been a major independent player in the production and distribution of content in Europe.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426005298/en/

Contacts
Kelly Ferraro
Kelly@RiverNorthAgency.com

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Highest price per square foot in the history of Dubai recorded in Bulgari Resort and Residences

Record-breaking price of 12,624 AED per square foot was achieved for a 3-bedroom unit in Bulgari Resort and Residences.

DUBAI, United Arab Emirates-Wednesday 27 April 2022 [ AETOS Wire ]

Real Estate market in Dubai shows no sign of slowing down!

Luxury segment is still outperforming all others as the prices continue to rise.

Record breaking price of 12,624 AED per square foot was achieved for a 3- bedroom unit in Bulgari Resort and Residences, making this transaction the highest recorded price per square foot in the history of Dubai.

Kianoush D. and Lina A., Associate Partners at Driven Properties are the brokers behind this deal.

Kianoush, who was named the best broker in Dubai in 2021 by Property Finder, says the Bulgari Resort and Residences continues to be the most coveted address in Dubai:

“This is a high-end leisure residential project with a unique location in Jumeirah Bay Island. 

Everything about the project is the perfect choice, from its location on the beautiful man-made island in the shape of a seahorse, to the amazing design inspired by the grandeur of ancient Italian architecture, and the exceptional facilities offered by the project. 

It’s the secluded retreat you dream of in the heart of Dubai.”

Lina A. says it’s incredible to see how well Dubai real estate market is doing: “It comes as a true testament how far Dubai has come.  All initiatives made by the government are proving to be very effective in attracting clients from all over the world. Since the start of last year, investors, especially from Europe and Asia, began flowing into Dubai to take advantage of the effective COVID-19 measures in place and ever improving business climate.”

Abdullah Alajaji, the Founder and CEO of Driven Properties, Dubai's leading luxury real estate brokerage, commented on the current trends we are seeing in the industry:

Dubai’s real estate market has become a topic of significant interest in 2022. Buoyed by years of infrastructure and population growth, the market has outperformed most global property markets, beating Paris, London, New York, and Hong Kong, to name a few.

In fact, Dubai was ranked third globally as the city with the highest residential capital growth, recorded at 17 per cent, in 2021.

Driven Properties was named the Best Large Brokerage in Dubai in 2021 by Property Finder.  Founded in 2012 by Abdullah Alajaji, Driven Properties has both local and international clients. The brokerage was behind some of the record-breaking transactions in recent years.

Driven Properties is an exclusive member of Forbes Global Properties, an invitation-only consortium of leading luxury real estate firms, reserved for only the 100 most elite brokerages in the world.

Forbes Global Properties is a curated consumer marketplace that connects discerning buyers directly to the world’s finest homes and the best-in-class agents that represent them. Driven Properties is the only member of the prestigious network in the United Arab Emirates.

Our website: https://www.drivenproperties.com/

Our Instagram: https://www.instagram.com/drivenproperties/

Contacts
Jelena Stankovic

Marketing and PR Manager of Driven Properties

+971 56 322 59 33

jelena@drivenproperties.com

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