Category Archives: Business & Investments

Business & Investments

Ducab Metals Business Strengthens Global Position with GIC Magnet Acquisition

Ducab Metals Business Strengthens Global Position with GIC Magnet Acquisition, Projecting an Additional USD 40.5 Million in Revenue

  • Mohamed Al Ahmedi CEO of DMB: Strategically leveraging the acquisition, DMB capitalizes on the expanding market for aluminium wires and strips, which exhibits a growth rate of 2.5% CAGR
  • The acquisition will expand DMB’s market reach, enabling DMB to diversify its offerings and engage with a broader range of customers in the power and mobility sector.
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Business & Investments

Hitachi Energy and SP Energy Networks to boost renewable energy flow

Hitachi Energy and SP Energy Networks to boost renewable energy flow

  • Innovative combination of two technologies strengthens grid stability and enhances the flow of renewable energy across the UK.
  • Up to 280-megawatts of additional renewable energy to be added to the electricity grid, with the potential to power over 360,000 homes

　　　　　　　　

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Business & Investments, Technologies

du announces the launch of “du Pay”

du announces the launch of “du Pay”, offering transformative fintech solutions for UAE residents

  • du Pay is set to boost the transition towards a cashless economy and support the national digitalization agenda, delivering exceptional convenience, inclusiveness, and security for all users.
  • Licensed by the Central Bank of the UAE, du Pay simplifies financial transactions with an app in six languages. It offers international money transfers, peer-to-peer (P2P) Transfers, bill payments, and includes a unique IBAN for each customer. The app is set to introduce a card feature soon, increasing its payment versatility.
  • Market projections suggest the digital payment sector will reach $3.3 trillion in payment services by 2031[1], positioning du Pay to capture significant market share in the growing digital economy.
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Business & Investments

Outsized announces strategic senior appointments to accelerate global expansion

Outsized announces strategic senior appointments to accelerate global expansion

Dubai, United Arab Emirates, 22 April 2024 – Outsized, the leading talent-on-demand platform that connects top independent professionals with large enterprise clients and consulting firms across Asia-Pacific, Africa, and the Middle East, proudly announces a series of strategic senior appointments. These new hires will play a crucial role in strengthening Outsized’s operations and accelerating its growth strategy following a successful Series A funding round led by Knife Capital.

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Business & Investments

Yazle Appoints Dylan Temple-Heald as Regional Commercial Director

Yazle Appoints Dylan Temple-Heald as Regional Commercial Director

Dubai, UAE, April 2024: Yazle, a global digital media company specializing in innovative and creative digital advertising announced the appointment of Dylan Temple-Heald as its new Regional Commercial Director.

With over 18 years of extensive experience in digital marketing across various regions, Dylan brings a wealth of expertise in programmatic marketing, digital strategy, mobile and gaming advertising, brand marketing, integrated marketing, advertising technology, and data solutions to his new role.

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