All posts by uaenews247

Technologies

Mozn Named Among World’s Top FinTech Companies in 2024 for Second Consecutive Year

Dubai, UAE, July 2024: Mozn, the Saudi regional leader in enterprise AI technologies, has been recognized as one of the Top 250 FinTech Companies globally by CNBC and Statista, a leading statistics firm. This marks the second consecutive year Mozn has been awarded this prestigious accolade.

The “World’s Top Fintech Companies 2024” report by CNBC and Statista aims to shed light on the constantly growing and fast-changing global Financial Technology (FinTech) market by recognizing the top technology companies providing innovative and transformative solutions to the financial industry across various market segments.

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Technologies

Yango Play unveils latest music sensations

Yango Play unveils latest music sensations: Assala, Tamer Hosny, Nancy Ajram, and Majid Al Mohandis

Yango Play,the first AI-powered entertainment super app that combines video streaming, music, and mini-games, is thrilled to announce the addition of several new albums & singles to its platform from some of the biggest names in the Middle East music industry. As part of Yango Play’s commitment to providing a personalized and enriching entertainment experience, these latest songs are seamlessly integrated into the “My Vibe” feature, offering users a uniquely tailored music discovery journey that adapts in real-time to their preferences.

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Health Care

Aster Volunteers Launch 3 New Mobile Medical Services to provide Disaster Relief in Middle East and Africa

  • The new mobile medical units, launched through Aster DM Healthcare’s employee partnership programmecalled Asterians United, are equipped with solar panels and linked to a telemedicine setup, enabling comprehensive diagnostic and free medical services to the needy in remote areas.
  • The vehicles would be deployed to support disaster relief efforts as required in UAE and other Middle Eastern and African countries.
  • Aster Volunteers Mobile Medical Units through its global network of 40+ units have treated over 1.4 million individuals across India, the Middle East, and Africa, providing free healthcare services to various communities over the last 7 years.

Dubai, 15thJuly 2024: Aster Volunteers, the global CSR arm of Aster DM Healthcare, flagged its latest three Mobile Medical Service units fromMedcare Royal Speciality Hospital, Al Qusais in Dubai, aimed at assisting victims in disaster zones across the Middle East and Africa (MEA) region. The newly launched units, equipped with state-of-the-art facilities, aim to deliver essential medical and healthcare services directly to disadvantaged individuals, significantly enhancing healthcare accessibility.

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Business & Investments

UAE retail investors choose AI over Big Tech; Pharma loses momentum: Q2 Top Stocks

  • NVIDIA, AMD, and Intel are some of the most-held stocks among UAE eToro users
  • Big Tech names such as Snapchat, Adobe, Netflix, and Apple see decline in investor interest
  • Pharma stocks also experience downturn as the pandemic recedes into the past

Monday, 15thJuly 2024: UAE retail investors continue to rally behind AI while Big Tech and pharma stocks lose momentum, finds the latest quarterly stocks data from trading and investing platform eToro.

eToro looked at which companies saw the biggest proportionate change in holders, quarter-on-quarter on its platform (table 1), while also looking at the 10 most held stocks (table 2) in the UAE.

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Technologies

Snap Inc. announces Abdulla Alhammadi as new Managing Director in Saudi Arabia

Alhammadiwill take on the new role to spearhead growth in KSA as the brand commits to increasing investment across the Kingdom

15, July 2024 – Riyadh, KSA: In a strategic move to continue its success in Saudi Arabia, Snap Inc. announced today the appointment of Abdulla Alhammadi as Managing Director in KSA. Previously the Regional Business Lead at Snap, Alhammadi will transition into his new role where he will be based in KSA to support the growth of Snap in the country, as the brand and creators look ahead to the opening of both a new office and Creator Studio this year that will be located in the Diriyah Jax cultural district in Riyadh.

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