Daily Archives: August 7, 2024

Business & Investments

Binance Records $1.2 Billion Net Inflow in the Past 24 Hours, According to DeFiLlama Data

In a remarkable display of investor confidence, Binance has recorded a net inflow of $1.2 billion USD in the past 24 hours, as per data from DeFiLlama’s CEX Transparency metrics. This significant influx of capital highlights the trust users have in Binance and their positive outlook on the longer-term direction of the cryptocurrency market, even amid recent volatility.

The data from DeFiLlama underscores Binance’s robust position in the centralized exchange (CEX) sector, showcasing its ability to attract substantial investments despite broader market downturns. This trend is particularly noteworthy given the current economic climate and the fluctuating nature of digital asset prices.

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Technologies

Capture The Spirit of The Olympics With The Revolutionary HONOR 200 Series

With outstanding photography and all-day battery life, experience every second of the action as it unfolds

Dubai, UAE – 07 August 2024:The 2024 Summer Olympic Games are set to launch to tremendous fanfare and excitement from around the world. Whether you are lucky enough to witness the games in person or are enjoying the action at home, the spirit of the Olympics is one that unites us all to celebrate the best athletes and their outstanding accomplishments. To capture and share these rare moments, the HONOR 200 Series – including HONOR 200 Pro and HONOR 200 -holds some unique features that can make your Olympic experience even more enjoyable. From sharing moments of the best wins to keeping you updated throughout the day, the HONOR 200 Series is your ideal companion to enjoy the Olympic Games.

Capture Every Monumental Victory As It Unfolds

The defining feature of the HONOR 200 Series is its Triple 50MP Studio-Level AI Portrait Camera, which enables you to capture the best moments as they happen. The unique AI Portrait Engine is able to intelligently analyze any scene being photographed, and make all the necessary adjustments to ensure every picture is captured in incredible detail. Capturing athletes as they run at top speeds is no easy task, but the HONOR 200 Series is more than capable of photographing these legendary moments.

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Business & Investments

Sharjah’s DSCD certified ‘Great Place to Work®’, named millennial’s preferred workplace in 2024 GCC Rankings

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  • Department of Statistics and Community Development earns Great Place To Work® certification, with positive assertions by 97% survey respondents
  • Flexible hours, 4-day work week, innovation and capacity building programmes at DSCD’s training centre amongst top reasons stated by employees
  • The entity also features in GPTW’s Best Workplaces for Millennials™ GCC 2024 rankings 
  • “As an organisation dedicated to making Sharjah a ‘great place to live and work’, we are delighted to have been certified as a Great Place to Work®.” said Sheikh Sultan bin Abdullah bin Salem Al Qasimi, Director of DSCD.
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Business & Investments

Sawaeed Holding acquires UIG & Progressive to become ESG’s flagship platform for Manpower & Accommodation Services 

  • The transfer of United International Group (UIG) and Progressive Real Estate Development from Emirates Stallions Group (ESG) to Sawaeed Holding significantly strengthens Sawaeed’s presence in the UAE’s manpower solutions and workers accommodation sector, enhancing its ability to meet the growing demand in oil and gas, construction, and various industrial sectors.
  • This strategic move positions Sawaeed Holding as the flagship platform for ESG’s manpower and workers accommodation services, doubling its manpower resources and expanding its capabilities to support the UAE’s economic growth ambitions.
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Business & Investments

Celebrating 40 Years of Bilateral Cooperation:

UAE-China Summit presented by HSBC Announced During ADGM’s China Roadshow

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  • The plans for the‘UAE-China Summit,’presented by HSBC’, which is set to be a part of the upcoming ADFW in December,were unveiled during a series of more than 75 engagements with leading entities in Shanghai & Hong Kong,
  • Bilateral discussions during the roadshow will lead tocross-border regulatory cooperation with the Hong Kong Monetary Authority, expansion plans for several Hong Kong and Chinese firmsin Abu Dhabi and the enhancement of liquidity strategies in each other’s capital markets.
  • Significant Chinese financial institutions are at a stage of advanced exploration to establish within ADGM.
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