EBITDA increased by 15.0% year-on-year to $267 million and net profit rose by 12.9% year-on-year (YoY) to $170 million in Q2 2024.
Non-fuel retail gross profit increased by 13.5% year-on-year in Q2 2024, supported by a 10.9% growth in non-fuel transactions and a convenience store conversion rate exceeding 26% for the first time in four years.
The Company’s free cash flow stood in H1 at $488 million, representing 46.7% YoY growth.
The Company expects to pay a $350 million dividend for H1 2024 in October, fully covered by the H1 cash flow.
The Company is actively pursuing over 20 innovative AI projects in 2024 and has established partnerships with leading global AI technology firms to maintain its market-leading position.
Dubai, UAE – 08 August –Telr, the award-winning online payment gateway, has announced its strategic collaboration with Mastercard to introduce its digital checkout solution, Click to Pay, across its extensive network of merchants in the UAE. Through this partnership, Telr will deploy cutting-edge payment technologies to enhance the customer experience.
Click to Pay is an innovative, seamless, and secure payment method designed to enhance customer confidence and reduce cart abandonment. Powered by Mastercard, Click to Pay streamlines the purchasing process while upholding the highest security standards. Customers enroll only once, eliminating the need to repeatedly enter card details or passwords for every online purchase. This convenience fosters more frequent purchases, improves conversion rates, and boosts customer satisfaction.
OPSWAT Acquires InQuest, Strengthening Government Go-to-Market Strategy, Network Detection, and Threat Intelligence Capabilities
Acquisition enhances OPSWAT’s cybersecurity capabilities with advanced network analysis and threat intelligence with proven government market success
Dubai, UAE – August 08, 2024 – OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, has announced its acquisition of InQuest, a leading cybersecurity solutions provider known for its novel Deep File Inspection® and Retro Hunting™ technologies. InQuest is highly regarded for protecting the United States Department of Defense (DoD) customers with its network appliances that peer up to and beyond Layer 7, and combined with their threat intelligence solutions, have a proven track record of protecting the nation’s most critical networks.
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.
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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