STADA acquires LEO Pharma existing FITO trademark in the GCC, North Africa, the Middle East and selected Asian Countries.
STADA EVP Emerging Markets Stephane Jacqmin: “We look forward to leveraging our local marketing and sales platform to develop the full potential of this strong brand in the many markets of the MENA region. This will strengthen STADA’s role as the partner of choice in consumer healthcare and support our growth in this region”
Dubai12August2024 – The pharmaceutical company STADA is expanding its consumer healthcare business in the MENA region with the acquisition of FITO™ from LEO Pharma. The medical device is based on the wheat extract Rigenase (DamorFarmaceutici, Italy) and is indicated for the dermatological treatment of first- and second-degree burns, ulcers, wounds and abrasions. The herbal origin has a high safety profileand forms a protective barrier against the external environment.
INDEX Holding Receives the Legend Award category during The World CIO 200 Summit UAE Edition 2024
INDEX Conference and Exhibition: Tech Integration Drives USD 49 Billion in Trade Deals and Record Participation
UAE’s Commitment to AI Leadership: A National Responsibility
Dubai, United Arab Emirates – 12 August 2024:INDEX Holding is leading a transformative move in its operations through the advanced integration of artificial intelligence (AI) technology across all its subsidiaries, both locally and globally. This strategic effort is in alignment with the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasizing AI’s pivotal role in both business and everyday life.
The Falcon Mamba 7B is the no. 1 globallyperforming open sourceState Space Language Model (SSLM), as independently verified by Hugging Face
SSLMs have a low memory cost and don’t require additional memory to generate arbitrary long blocks of text
Falcon Mamba 7B also outperforms traditional transformer architecture models such Meta’s Llama 3.1 8B and Mistral’s 7B
New model reflectsthe innovation and pioneering approach of Abu Dhabi in AI research and development
Abu Dhabi-UAE: 12thAugust, 2024 – The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has released a new large language model in its Falcon series, the Falcon Mamba 7B. The new model is the no. 1 globally performing open source State Space Language Model (SSLM)in the world, as independently verified by Hugging Face.
DWTC’s Hospitality division marks a significant increase in its external catering business, by catering to over 104,000 guests at high profile events in H1 2024, more than doubling H1 2023 numbers
Weddings at DWTC record strong H1 2024 performance with guests catered to increasing by 41%, 35,150
To match the business growth, DWTC’s Hospitality team also grows in scale, with an increase in the number of chefs as well as both permanent and temporary staff
Dubai, UAE – 12 August 2024: Dubai World Trade Centre (DWTC) today announced impressive results for its Hospitality business in the first half of 2024, cementing its position as a premier provider for external events and on-site catering services, in addition to its established reputation for providing catering services for events held at DWTC venues. The division marked a significant increase in the number of guests catered to at external events, with 104,732 guests served in H1 2024, compared to 43,615 in H1 2023, marking a substantial rise of 140%. This growth reflects DWTC’s growing influence and expertise in delivering off-site catering across the UAE.
~ 30 of the world’s best chess players were handpicked by six franchises at the Global Chess League Player Draft ~
~ Season 2, featuring six teams, will take place in London from October 3rd to 12th ~
India/London, 12th August 2024: The Global Chess League, a joint venture between FIDE and Tech Mahindra, is all set for the second season as 30 of the world’s best chess players were handpicked by six franchises during the Player Draft held on Sunday in New Delhi.
Following thehuge success of the inaugural edition in Dubai last year, the second season is scheduled to take place from October 3rd to 12th at Friends House in London. All six teams – Alpine SG Pipers,Ganges Grandmasters, Mumba Masters, PBG Alaskan Knights, defending champions Triveni Continental Kings, and the debutants American Gambits– engaged in a thrilling bidding process to assemble strong squads for the second season of the league.
With 1000 points allocated to use during the bidding process, each franchise filled their quota of two Superstar Men, two Superstar Women, and one Prodigy player, in addition to the Icons announced last month.
The stellar line-up of Icon players include Magnus Carlsen (Alpine SG Pipers), Viswanathan Anand (Ganges Grandmasters), Maxime Vachier-Lagrave (Mumba Masters)Ian Nepomniachtchi (Triveni Continental Kings), and debutants Hikaru Nakamura (American Gambits) and Anish Giri (PBG Alaskan Knights).
The proceedings began with Richard Rapport getting drafted into Alpine SG Pipers, who completed their quota of Superstar Men after retaining the services of Praggnanandhaa R. American Gambits then completed their Superstar Men slots by picking Vladislav Artemiev and Jan-Krzysztof Duda. Arjun Erigaisi and Parham Maghsoodloo were drafted to Ganges Grandmasters, while PBG Alaskan Knights acquired Shakhriyar Mamedyarov and retained Nodirbek Abdusattorov. Triveni Continental Kings picked up Wei Yi and Teimour Radjabov.
UAE News 24/7 