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In response to growing demand for electric vehicle infrastructure, ION, the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, has installed high-power, ultra-fast charging stations with a total capacity of up to 350KW, on Yas Island, Abu Dhabi. Capable of charging electric vehicles (EV) through a connection to a user interface unit, the stations can supply combined charging system (CCS) EVs. Through its compatibility with all manufacturers, the stations also solve a common issue with EV charging infrastructure by catering to all types of e-vehicles including buses.Another major benefit of the ION stations is its offer of the…
2K made a hole in one by announcing the Company has agreed to an exclusive, long-term partnership with Tiger Woods, one of the most iconic and celebrated figures in golf history. In addition, 2K announced it has entered into a definitive agreement to acquire privately-held HB Studios Multimedia Ltd., developers of the critically acclaimed and commercially successful PGA TOUR® 2K21, as well as The Golf Club franchise. The acquisition is expected to close in the first calendar quarter of 2021, subject to customary closing conditions. Financial terms of both deals were not disclosed.Tiger Woods’ resume includes 15 major championship wins;…
Results from TransLink’s industry-leading trial show that copper is effective at killing bacteria on high-touch transit surfaces. Based on sample-testing performed on transit and in a lab, the trial concludes that select copper products on transit are durable and kill up to 99.9 per cent of all bacteria within one hour of the bacteria’s contact with the surface.Phase one of the pilot, which was fully funded by Teck Resources Limited, began in November 2020 and lasted five weeks on two buses and two SkyTrain cars. To expand on phase one’s results, a second phase will be launched in the coming…
For the first time in three years, the Central Bank of the UAE sold gold bullions worth AED1.7 billion in January 2021, bringing its gold reserve down to AED11.17 billion from a record high of AED12.86 billion in December 2020. The move came to capitalize on the near-record prices hit by the precious metal in world markets, in a bid to soften the impact of global economic challenges.Statistics issued by the apex bank showed that its reserves of gold grew exponentially since 2015, which is the year when it decided to resume its reserves of gold and foreign currencies, most…
DMCC – the flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of understanding (MoU) with the Securities and Commodities Authority (SCA) to establish a regulatory framework for businesses offering, issuing, listing, and trading crypto assets in DMCC. The agreement will see businesses dealing with crypto assets gain access to bespoke licenses offered by the DMCC Crypto Centre, first-class customer service, a range of incentives, and the strong business regulatory framework developed by DMCC.Working closely with DMCC’s on-boarding teams, the SCA will issue approvals for crypto-related businesses looking to set…
Giatec, world leader in concrete testing technologies, has announced the release of the SmartBooster. This intuitive device extends the range of users’ smartphones’ Bluetooth signal, making it possible to connect to the company’s award-winning SmartRock® wireless concrete sensors from up to 50% further away. This makes it easier and safer for contractors to collect concrete data.A smartphone is designed to only communicate with devices in close proximity. With the SmartBooster device and an extended Bluetooth signal, real-time data from multiple SmartRock sensors across a user’s jobsite are automatically collected. This provides contractors and project managers constant access to data and…
The talented team of watchmakers and designers at OLTO-8 just launched a unique mechanical watch for those who seek individuality and bold style. The motorsport inspired Infinity II watch boasts superb craftsmanship, precise timekeeping and iconic design. This stunning new watch has caught the attention of watch enthusiasts and style influencers and is now available on Kickstarter.Motorsports and watchmaking have always enjoyed a close relationship. Both endeavors demand high performance, cutting-edge technology, and a commitment to excellence. The Infinity II watch is a testament to those qualities. It’s an impressive combination of mechanical perfection and timeless style.Infinity II is an…
The Ministry of Presidential Affairs has expressed its condolences on the death of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, who passed away on Wednesday, 24th March 2021. In a statement, President His Highness Sheikh Khalifa bin Zayed Al Nahyan expressed his sincere condolences and sympathies to Al Maktoum family, asking Allah Almighty to grant them patience and solace to bear their loss. The UAE President has announced a three-day mourning period and ordered that the UAE national flag be flown at half-mast starting today (Wednesday) and be raised next Saturday, 27th…
The MENA Oil and Gas Technology Summit, a one day virtual event hosted by MEED, will take place on Wednesday, 24 March 2021, bringing together stakeholders from National Oil Companies, large end users and utilities companies to explore topics including digitalization, automation, cybersecurity and asset integrity within the region’s oil and gas sector.The oil and gas industry is currently witnessing global oil price volatility coupled with an increasing emphasis on operating more sustainably. A forecast by the International Monetary Fund’s (IMF) expects the GCC’s GDP growth to return to pre-COVID-19 levels only in 2023 – citing weak oil demand, aggravated…
Casio Computer Co., Ltd. announced the release of four new GST-B400 watches, the latest additions to the G-SHOCK family of shock-resistant watches. The new watches boast the slimmest*1 profile of any in the G-STEEL series, which is known for using appealing combinations of different materials.Presenting a stylishly designed look, the new GST-B400 watches deliver the slimmest case of any G-STEEL yet, at just 12.9 mm. They feature a new, improved module built to deliver slimness. Casio achieved new heights in both areas by reducing the number and size of components in the module and employing high-density mounting with a flatter,…