Abu Dhabi, 29 July 2020: The Authority of Social Contribution – Ma’an today announced that it will continue supplying families in Abu Dhabi with essential healthy and nutritious food supplies during the Eid Al Adha holiday through its ‘Together We Are Good’ programme. In collaboration with Abu Dhabi Social Support Authority, and reflecting the true spirit…
World`s Five Largest Airlines Lost Over $40bn in Market Cap Since January
Not many industries have experienced such a severe impact of the coronavirus pandemic like the airline industry. While the global travel restrictions and the lockdown rules are expected to cause airline passenger revenues to drop by $300bn in 2020, the world’s largest airline companies are witnessing staggering losses in their market capitalization. According to data…
10 world-leading gambling companies’ brand value 43x lower than top 10 US brands
Data gathered by Safe Betting Sites indicates that the top ten leading online gambling companies have $23.62 billion in brand value. The value is based on the 2020 figures. According to the data, Wynn Resorts has the highest brand value at $3.81 billion followed by Genting at $3.48 billion. With a brand value of about $2.89 billion,…
Garena and Netflix partnership brings players an exclusive Money Heist event in Free Fire this September.
Dubai, July 29 2020 – The Professor has announced his latest heist, Plan Bermuda, enlisting the help of Free Fire players to join. Garena has teamed up with Netflix for a crossover between Money Heist (also known as La Casa de Papel) and Free Fire that fans of both the game and series can experience for themselves. Plan Bermuda will feature a full in-game takeover,…
VALUE ADDED DEALS AND MUCH MORE AT YAS MARINA CIRCUIT THIS EID
Yas Marina Circuit, Abu Dhabi, UAE, July 29, 2020: With Eid on the horizon, head down to Yas Marina Circuit over the extended weekend break to take advantage of some fantastic offers, including the Summer Sizzle which gives guests the opportunity to enjoy a few laps of the track in a Caterham Seven, with prices starting…
EBRD boosts lending to Tunisian small businesses
The European Bank for Reconstruction and Development (EBRD) is responding to the impact of the coronavirus pandemic on the Tunisian economy with a €5 million loan to Compagnie Internationale de Leasing (CIL) for on-lending to local private businesses. The EBRD loan will help CIL to increase much-needed funding for local micro, small and medium-sized enterprises (MSMEs) that are experiencing a decrease…
CEOs SHOULD HAVE TECHNOLOGY IN THEIR DNA IF THEY ARE TO SUCCEED, SAYS UAE’S BUSINESS LEADERS
CEOs and executive leadership positions should be filled by people with technology career backgrounds, such as app or software development, if businesses are to be more successful, says four fifths (80%) of business leaders in the UAE. New research* finds international recognition that elevating technology team members into leadership roles drives significant value for the…
Pioneering luxury with Mercedes-Benz and Virgil Abloh
Dubai. In the first initiative of its kind, Project Geländewagen sees Mercedes-Benz collaborate with the polymath artist, architect, creative director and fashion designer, Virgil Abloh, to create a unique artwork from the iconic Mercedes-Benz G-Class, which turned 40 in 2019. Working in collaboration with Mercedes-Benz Chief Design Officer, Gorden Wagener, the partnership marks the unification…
DUBAI LAUNCHES INTELAK HUB TO SUPPORT THE GLOBAL AVIATION AND TOURISM SECTORS
DUBAI, United Arab Emirates, 28 July 2020: Dubai is set to further accelerate entrepreneurial growth across the global aviation and tourism industry with the launch of Intelak Hub. Former programmes Intelak Incubator, Idea Lab and the Futurism Accelerator have been brought together under one brand to support ideation and early and late stage start-ups with the…
Unicorns Raised $26.5bn Amid COVID-19 Outbreak
Recent years have witnessed a tenfold increase in the number of unicorns, rising from less than forty in 2013 to almost 400 in July 2020. The impressive growth of these private companies with a market valuation of over one billion dollars has been followed by the increasing number of venture capitalists willing to invest in…