Category Archives: Business & Investments

Business & Investments

Telr Elevates E-Commerce with Mastercard’s Click to Pay

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.

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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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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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