Category Archives: Business & Investments

Business & Investments, Technologies

Memecoin Summit: Where Crypto Met Memes

Memecoin Summit: Where Crypto Met Memes

April 22, Dubai – On April 21, 2024, the Memecoin Summit, hosted and powered by $PENG and Project Ark, electrified the Millennium Plaza Downtown Hotel in Dubai. This event was a vibrant blend of fun, wisdom, and celebration, spotlighting the dynamic world of digital currency.

The summit attracted a diverse crowd, from seasoned traders to crypto-curious individuals, offering something for everyone interested in exploring the exciting intersection of cryptocurrency and meme culture. Attendees had the opportunity to gain insights from industry experts and connect with like-minded enthusiasts in a lively and collaborative environment.

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Business & Investments

Investors from 145 countries to seek investment opportunities during the 2024 AIM Congress in May in Abu Dhabi

Investors from 145 countries to seek investment opportunities during the 2024 AIM Congress in May in Abu Dhabi

Abu Dhabi, UAE, 21 April, 2024: AIM Congress, the pinnacle gathering for global investment leaders, is poised to welcome an elite roster of top-tier investors to its esteemed platform. Set to take place from May 7 to May 9, 2024, in Abu Dhabi, United Arab Emirates, AIM Congress 2024 stands as a beacon for harnessing new potential in the ever-evolving global economic landscape.

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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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