Tag Archives: Featured

Food & Dining

Artisan Bakers New Store Opening at Art of Living Mall Dubai

Art of Living Mall Announces New Agreement with Artisan Bakers for New Store Opening

Dubai, UAE, July 19, 2024

Art of Living Mall announced today the signing of a new agreement with Artisan Bakers, a leading company in the bakery and pastry industry, to open a new branch in the mall. This new outlet is expected to become a distinguished destination for bakery lovers in Dubai.

The agreement was signed by Mr. Samer Al Omari, CEO/Partner of Art of Living Mall, and Mr. Khalil Thanjal, amidst a number of officials and employees from the mall and Artisan Bakers.

This move is part of Art of Living Mall’s strategy to enhance the shopping and entertainment experience for its visitors by offering a variety of distinctive options. The new store is set to offer a wide range of fresh baked goods, delicious foods and luxurious pastries that Artisan Bakers is known for, adding a new dimension to the taste experience in the mall.

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Shopping & Promotions

Experience the Magic of Mercato:

Circus Shows, Comedy Acts, and Shopping Extravaganza This Summer!

The streets of Mercato are buzzing with excitement as daily circus shows transform the area into this summer’s hottest destination, running until end of July.

The highlight of the season is the Harlequin European Circus, renowned for its spectacular performances. These energetic and suspenseful show features performers whose incredible movements captivate and engage the audience, creating an unforgettable experience. Adding to the excitement, comedy sensation Jon Udry brings his unique tricks to the stage, guaranteeing laughter for everyone. His show is a must-see for those looking to add a touch of humor to their visit. Children are in for a treat with roaming performances on Mercato’s charming cobbled streets. These interactive acts, along with creative kids’ workshops, offer endless entertainment and activities, ensuring young visitors are thoroughly engaged.

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Technologies

AI Saves UAE Workers 4.5 hours Per Week, Freshworks Study

AI Saves UAE Workers 4.5 hours Per Week, Freshworks Study

Data analysis, content creation, text and audio translation, and writing and creating code are among the top 5 use cases for AI in the country

Dubai, United Arab Emirates – The UAE has once again demonstrated its global leadership in technology with the country, alongside India, leading globally in terms of both AI knowledgeability as well as usage levels. This is according to a new Freshworks report for which 7,000 employees were surveyed from 13 countries across the globe. The study found that the majority (84%) of UAE workers are comfortable using software applications enhanced with AI, while a 7 out of 10 consider themselves knowledgeable or experts on AI.

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Real Estate

Binghatti’s Sukuk Tap Records an Overwhelming 420% Oversubscription

Dubai, UAE –Wednesday July 17, 2024:Dubai’s leading real estate developer Binghatti announced an immensely successful Sukuk tap on Monday, 8th of July. The Sukuk tap was linked to the developer’s debut February 2027 USD 300 million Sukuk issuance which was listed earlier this year on London Stock Exchange (ISM) and NASDAQ Dubai, and was over 200% oversubscribed. The recent tap brings Binghatti’s overall Sukuk deal size to USD 500 million. The recent tap witnessed record-breaking demand from both regional and international investors, reaching a remarkable level of approximately 4.2x oversubscription.

The continuous high demand and oversubscription levels of Binghatti’s Sukuk underscores the developer’s strong market position and robust global investor confidence in the Binghatti brand.

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Business & Investments, Technologies

Bitget dominates crypto market with highest market share surge in H1- CCData Report

Global, July 17, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has revealed in-depth insights into its growing market share as highlighted by CCData in the 2024 H2 Outlook Report. With the growing credibility and performance of centralized crypto exchanges, it’s more evident now than ever that there’s a shift in paradigm in crypto space.

CCData highlights the roles of various CEXs are changing as they take up new functions and responsibilities. Among which, Bitget has witnessed the ‘largest uptic’ in market share by 38.4% growth followed by Crypto(dot)com and Bybit at 24.6% and 22.2% respectively. While bigger players such as Coinbase, OKX and KuCoin saw declines as compared to other growing CEXs.

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