Blog posts December 2022

Ruler of Sharjah Approves the Emirate's General Budget at 32,240 Billion Dirhams AED for the year 2023

The budget aims to achieve financial sustainability and enhance the Emirate's economic competitiveness. The 2023 budget is a budget for development and the development of government services in the Emirate of Sharjah

o Sharjah budget 2023 with expenditures of (32.2) billion dirhams, a decrease of…

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Lineage Logistics Raises Over $700 Million in New Equity to Fund Investments in New Development Projects and Clean Energy Deployments

  • NOVI, Mich. - Tuesday, 20. December 2022


Funding demonstrates investor confidence in the Company in the face of a challenging global market environment

New equity funds investments in new building capacity to meet demand fueled by supply chain congestion and customer supply chain gr…

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Working on making hybrid work, work

Dubai, United Arab Emirates - Wednesday, 21. December 2022

Poly rolls out a report that shows the importance of corporate culture in boosting employee productivity and reducing turnover


Poly, launched the ‘Hybrid Heaven Or Hell? The Journey To Hybrid Working’ whitepaper touches on the …

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Registration open for Sharjah Ladies Run

Sharjah, United Arab Emirates - Tuesday, 20. December 2022

taking place on January 14th, 2023


Sharjah Ladies Club is preparing for the eighth edition of the Sharjah Ladies Run, taking place on January 14th, 2023, at Shagrafa Ladies Park from 6-10PM. The 5KM race aims to provide female …

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Merck Announces Collaboration with Mersana Therapeutics to Develop Novel Immunostimulatory Antibody-Drug Conjugates

DARMSTADT, Germany - Friday, 23. December 2022 AETOSWire Print 

Not intended for UK-, US- or Canada-based media

Collaboration complements Merck’s internal expertise and in-house ADC approach
Companies focused on discovering novel STING-agonist ADCs for up to two targets leveraging Mersana’…

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Gulf Scientific Corporation established a strategic partnership with DNA Script

Gulf Scientific Corporation (GSC), a leading provider of laboratory solutions in the fields of analytical, material and life sciences in the Gulf Cooperation Council (GCC), headquartered in Dubai - United Arab Emirates, with regional offices in Riyadh, Jeddah, Dammam, Kuwait, Doha and Manama is plea…

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Exponential Technology Group Acquires Braemac Pty Ltd.

(BUSINESS WIRE)--Exponential Technology Group (XTG) today announced it has reached a definitive agreement to acquire Braemac Pty Ltd., a specialist in product design, development, testing, and the supply of semiconductors, systems, and electronic components. The financial terms of the deal were not …

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Study: 76% of UAE’s Consumers Expect to Send More Money Internationally in the Coming Year

New Western Union research maps consumer sentiment in the United Arab Emirates about current and future money movement capabilities and needs
Consumers expect to send and receive more money in the next 12 months
Research also reveals that 46% of consumers have multi-channel preferences for cross…

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Lefties opens first store in Abu Dhabi Emirate at Bawadi Mall

The Mall expands its portfolio with the introduction of the new international fashion brand.

Lefties the popular Spanish fast-fashion brand, opens the first store at Bawadi Mall in Al Ain on December 10th – it is a first store ever in the Emirate of Abu Dhabi.

Lefties is part of the reno…

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Toshiba to Expand Power Semiconductor Production Capacity with New Production Facility

KAWASAKI, Japan - Monday, 19. December 2022


(BUSINESS WIRE)--Toshiba Electronic Devices & Storage Corporation (“Toshiba”) today announced that it will construct a new back-end production facility for power semiconductors at its Himeji Operations – Semiconductor, in Hyogo Prefecture in weste…

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DUBAI, United Arab Emirates - Monday, 19. December 2022

With a Stylish Design, Personalized Content and LG’s Renowned DUAL Inverter, New Residential Air Conditioner Creates a Chic and Comfortable Living Environment


LG Electronics (LG) is ready to unveil its latest ARTCOOL Gallery air…

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Regional Drinks Giant Kassatly Group Holding Announces a Strategic Move to Business-friendly Cyprus

(BUSINESS WIRE) -- Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player.

The mega plant in Ypsonas, Limassol, should be f…

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Masimo Announces Limited Market Release of Sepsis Index

Breakthrough Early Warning Solution, for Integration with Masimo Patient SafetyNet™, Is Designed to Help Clinicians Catch Deterioration in Patient Condition

(BUSINESS WIRE) -- Masimo (NASDAQ: MASI) today announced the limited market release of Sepsis Index (Si™), an early warning indicator desi…

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KSA and UAE to host the world’s largest GPRC summit

DUBAI, United Arab Emirates
GPRC Summit 2023 to present Governance, Risk and Compliance (GRC) integrated with Performance and Strategy – The future of effective enterprise management for government and business organisations


GPRC Summit 2023, organised by Ejtemaat Events and hosted by Co…

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Vantage Data Centers Announces Second Campus in Johannesburg

Construction underway of a 20MW facility to meet customer demand in Africa’s largest data center market

(BUSINESS WIRE)--Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced today the construction of a second campus (JNB2) in Johanne…

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First Two O3b mPOWER Satellites Successfully Launched

CAPE CANAVERAL, Fla. - Saturday, 17. December 2022


Heralds an era of high-performance connectivity with SES delivering dedicated, carrier-grade solutions from space to customers whenever and wherever desired

(BUSINESS WIRE)--SES announced today that the first two O3b mPOWER satellites we…

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Mettant l'accent sur l'Afrique, la nouvelle collaboration DFC et Mastercard fournira un financement potentiel jusqu'à 50 millions de dollars pour permettre la numérisation et l'inclusion financière

(BUSINESS WIRE)-- À la clôture du Sommet des dirigeants États-Unis-Afrique, l'Agence américaine de financement pour le développement international (DFC) et la société Mastercard ont annoncé une collaboration pour accroître leur soutien aux institutions financières, aux entreprises agricoles et techn…

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With Focus on Africa, New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization and Financial Inclusion

(BUSINESS WIRE)--At the close of the U.S.-Africa Leaders Summit, U.S. International Development Finance Corporation (DFC) and Mastercard announced a collaboration to increase support to financial institutions, agricultural and technology companies, and other businesses engaged with Mastercard Comm…

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Energy Vault Responds to Inaccurate and Misleading Short Seller Report

(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today provided the following response to the recent short seller report issued by Bleecker Street Research who has a disclosed economic incentive…

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Mawi DNA Technologies and BIOTESSIA Sign Agreements with Moroccan Ministries to Explore Manufacturing Joint Venture

HAYWARD, Calif. - Wednesday, 14. December 2022

(BUSINESS WIRE) -- Mawi DNA Technologies (Mawi), a medical device company focusing on the development of innovative technologies for biological sample collection, announced today that it has signed Memorandum of Understanding (MoU) agreements with th…

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