Data acquired by Finbold indicates that only three countries account for 97.32% of all bank fines issued in 2020. As of October 22nd, a total of €11.61 billion fines had been issued by various regulators. Fines likely to increase significantly The data shows that United States banks are the most fined at €9.15 billion, followed by Australia…
His Highness Sheikh Abdulaziz bin Humaid Al Nuaimi awards first BV Certification to Ajman Saray
(Ajman – October 25, 2020): In line with the Ajman Tourism Development Department’s guidelines and precautionary measures, Ajman Saray is the first hotel in Ajman to be awarded the BV Certification by His Highness Sheikh Abdulaziz bin Humaid Al Nuaimi. This ensures the emirate continuous efforts in positioning itself as a favourable tourist destination for the UAE…
Beauty Industry to Lose $175 Billion USD in Revenue Due to COVID-19
Consumer behavior has changed significantly as the use of beauty products has drastically declined. Data acquired by Fraicheur.com indicates that for the first time in decades, the beauty industry is set to lose $175 billion USD in 2020. Changing consumer habits reduce revenue for almost all beauty products From the data, it is clear that COVID-19 has…
Facebook, YouTube, and TikTok to Hit 5.9bn Users in 2020, a 900 Million Increase YoY
The year 2020 has witnessed a surge in the number of social media users, with millions of people spending more time indoors and online amid the coronavirus outbreak. According to data presented by BuyShares.co.uk, the combined number of Facebook, YouTube, and TikTok users, as the three most popular social networks in 2020, is expected to reach…
Netflix Subscribers Grow by 2.2M in Q3 2020 as Its Mobile App Falls Two Spots behind Disney+
Following a blockbuster H1 2020, Netflix’s growth slowed down in Q3 2020. According to the research data analyzed and published by ComprarAcciones.com, net paid subscriber additions for Q3 2020 were 2.2 million. Comparatively, FactSet analysts had estimated 3.57 million while Netflix had expected 2.5 million. According to a report made by Netflix, it had added 15.77…
United Arab Bank Partners with Trend Micro to Unlock USD 8 Billion MEA Banking Security Market
SHARJAH, United Arab Emirates – 1 November 2020– Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, has announced that United Arab Bank’s security transformation is unlocking the region’s USD 8 billion banking security market. The Middle East and Africa’s banking and financial services sector, which faces three times the number of cyber-attacks as…
MANCHESTER CITY WOMEN STAR ROSE LAVELLE THANKFUL FOR SUPPORT OF UAE FANS
Fans in the region can watch today’s game against Everton, which kicks off at 6.30pm (UAE time), via FA Player on the following link – https://faplayer.thefa.com/home/all Manchester City Women take on Everton in the FA Cup final later today, a game which can be watched live via FA Player, and the club’s star player Rose Lavelle…
Smart Tech Boosts UAE’s Healthcare Market to USD 21 Billion by 2021
Dubai, United Arab Emirates Smart healthcare technology innovations to combat the COVID-19 coronavirus and improve people’s daily lives are at the center of the UAE’s healthcare spend topping USD 21 billion by 2021, industry experts announced today. The UAE government continues to increase its healthcare spend – especially in supporting healthcare technology innovations that can…
VMware and Samsung Form Alliance to Accelerate Communication Service Providers Transformation to 5G
PALO ALTO, Calif. and DUBAI, UAE. – November 1, 2020 – VMware, Inc. (NYSE: VMW) announced it has collaborated with Samsung Electronics Co., Ltd. to further extend its leadership in 5G. Through this alliance, the companies seek to help Communication Service Providers (CSPs) meet the requirements of 5G networks and accelerate the roll-out of 5G by optimizing Samsung’s portfolio of telco…
RIOT GAMES LAUNCHES FIRST VALORANT TOURNAMENT FOR GAMERS IN MENA REGION
Dubai, 22 October 2020: Riot Games MENA has today announced the launch of its inaugural VALORANT Strike Arabia tournament that will see the best teams test themselves and bid to become champions in the Middle East and North Africa (MENA) region. As part of the series of global First Strike competitions, Riot Games is to…