All posts by uaenews247

Business & Investments

Pathfinder announces $325 million investment from Silver Rock Group to propel growth and innovation

The funding marks a pivotal development in Pathfinder’s growth trajectory

Dubai, UAE; 24 July 2024:Pathfinder, a leader in pioneering retail technology solutions, is thrilled to announce a significant investment of $325 million from Silver Rock Group. This equity line of credit coincides with Pathfinder’s upcoming NASDAQ listing, marking a critical phase in the company’s expansion and innovation efforts.

This strategic funding, set to commence from the first day of Pathfinder’s listing on NASDAQ in Q4 2024, marks a pivotal development in the company’s growth trajectory.

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Business & Investments

Dr. Sahar Hashmi, awarded the “Top AI Business Expert of the Year for 2024”

🚀 Dr. Hashmi, a multiple award-winning AI-business expert advisor, was recently recognized as the “Top AI Business Expert of the Year for 2024” by the International Association of Top Professionals (IAOTP) for her exceptional leadership, dedication, and commitment to the AI industries in healthcare and business.

🌟  Dr. Sahar Hashmi is an expert AI advisor to startups and VCs seeking guidance on implementing AI into their endeavors. Additionally, she advises hospital leadership teams on selecting AI solutions and developing customized KPIs to evaluate the success of AI integration. 

🌟 She specializes in customizing AI training programs for businesses aiming to educate their employees and enable them to effectively integrate generative AI into their workflows.

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Featured

Binance CEO on Ethereum ETFs Launch

Commentary on Ethereum ETFs by Richard Teng, CEO of Binance 

The launch of ETH spot ETF trading in the US marks yet another significant milestone for Ethereum and the broader digital asset market. This development builds on the positive momentum we have witnessed in the digital asset market this year, further solidifying the legitimacy and accessibility of cryptocurrencies.

Much like the US Bitcoin ETFs that launched in January, this first wave of US Ethereum ETFs will provide more avenues to a broader range of investors to access the asset. The introduction of these ETFs addresses key concerns around legitimacy, regulatory compliance, security, and accessibility, making Ethereum a more attractive investment option.

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Travel & Tourism

Turkish Airlines Showcases its New Luxurious Crystal Business Class Suite

Turkish Airlines, the airline that flies to more countries than any other, has revealed the details of its brand-new state-of-the-art Business Class suite at the Farnborough International Airshow 2024 in Hampshire, UK.

The new Crystal Business Class suite marks a new era for luxury air travel for business passengers and is the first from Turkish Airlines to feature an adjustable suite door and privacy panel for enhanced in-flight privacy. New seats feature a generous 23-inch seat width boasting increased footwell space with direct aisle access for all guestswith every window suite possessingfull visibility.In line with company’s“Flow” brand identity,new suites feature lighter and warmer colors, marble-style table and rose gold finishes.

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Business & Investments

Mr. Ashok P. Hinduja comments on the Indian Budget

“The budget shows Modi 3.0 is all about continuing the path to Fiscal Consolidation with the Fiscal Deficit target of 4.9% this year and 4.5% the next while maintaining the Capex figure at 3.6%. The focus on the agri sector and housing infrastructure – affordable and urban – is substantive and augurs well. Quite a few changes in taxation have been announced which needs a detailed study. Higher FDI is expected with a reduction in tax on Foreign Companies from 40 to 35%. Overall, a good budget for the macroIndian Investment Climate but could have been better for Indian Investors”

 A.P. Hinduja, Chairman, Hinduja Group of Companies (India).