Real estate service company GA Technologies acquired the equity of RW OpCo, a restaurant operator, and expanded into the United States with an aim to grow as a global industry leader in online real estate business, on Thursday. The company said it will be acquiring full ownership of the rental management and investment real estate […]
1. Could you provide a brief overview of Yasmina and its primary purpose as an AI-powered smart assistant? We built Yasmina as a human-like, culturally savvy smart assistant that goes beyond basic tasks like setting reminders, playing music, or sharing useful information. In addition to all of the above, Yasmina works as a smart home […]
National Aeronautics and Space Agency (NASA) said it welcomed four private astronauts who are in orbit, following the successful launch of the third all-private astronaut mission to the International Space Station, on Thursday. National Aeronautics and Space Agency said Axiom Space astronauts lifted off on January 18, from Launch Complex 39A at NASA’s Kennedy Space […]
Wellness Forward Group, parent company of United Arab Emirates’ women-only fitness Club, FitnGlam, appointed industry veteran George Flooks as Chief Executive Officer, on Wednesday. Wellness Forward Group’s subsidiary brands include FitnGlam, Platform Studios, and FitCode. Flooks has been the CEO of Fitness First which is based in the Middle East for over a decade, prior […]
Thornburg Investment Management which oversees $43 billion in assets said to have launched Thornburg Core Plus Bond Fund to a strong line-up of proven global taxable fixed-income solutions, on Wednesday. The investment firm said the fund seeks to maximize total return, consistent with the long-term preservation of capital. Jeff Klingelhofer, Co-Head of Investments at Thornburg […]
Real estate advisor Savills, on Thursday, planned for a strategic and large-scale expansion of its regional residential team in the Middle East that will see its agency division expand to over 100 property consultants this year. The company said this initiative is in response to the growth in activity across the region, particularly within the […]
Communications accessories maker Silynxcom Ltd, on Wednesday, closed its initial public offering of 1.25 million shares at a price of $4 per share, for gross proceeds of $5 million before deducting underwriting discounts and before offering expenses. Headset manufacturer said it has provided the underwriter a 45-day option to purchase up to an additional 187,500 ordinary […]
Luxury car maker Mercedes-Benz Cars Middle East appointed insider Michael Stroband as its new Chief Executive Officer succeeding Martin Schulz, on Wednesday. The firm said Stroband will lead the expansion of Mercedes-Benz General Distributor Network in Latin America and Southeast Asia for the Commercial Van segment, as well as focus on enhancing customer experience and […]
Electronic manufacturer Vertiv expanded its footsteps to Chakan, Pune, India, on Wednesday, by opening a manufacturing facility. This is the third facility in India, joining existing manufacturing facilities in Ambernath and Pune. This unit aims to meet the rising demand for data centres and support infrastructure solutions globally, including India and the APAC region, said […]
Prosperity Bank’s parent firm Prosperity Bancshares, on Tuesday, said it is organizing a stock buyback program, where the firm will repurchase about 5% which is 4.7 million shares of its outstanding stock over one year, which will expire on January 16, 2025. The financial service provider said under this program, the repurchase will be made […]
Energy-centric digital media firm Hart Energy, on Wednesday, appointed Rich Eichler as the company’s Chief Executive Officer, where he will succeed John Hartig, the current CEO. Eichler has been working with the company for almost four decades taking up leadership roles including Advisor and Chairman. Also, he was the CEO of Hart Energy for 17 […]
Smartphone maker OnePlus partnered with Qualcomm Technologies to bring a series of cutting-edge technologies to the upcoming next-gen flagship OnePlus 12, upcoming version of the smartphone, on Tuesday. The company said by maximizing the potential of Qualcomm Technologies’ most premium mobile chips, the two companies are set to deliver an enhanced user experience that brings […]
Revenue Based Finance Coalition (RBFC) partnered with tech giant Amazon as title sponsor for its Funders Forum + Brokers Expo, a flagship event set to convene leaders and visionaries within the finance industry on Tuesday. The company said the event is soon to be held between March 5 and 7 at Seminole Hard Rock Hotel […]
Communications accessories maker Silynxcom Ltd, on Thursday, proposed the price for its initial public offering (IPO) of about 1.3 million shares for $4 per share to the public. The company said the objective of the IPO is to use the capital proceeds for marketing, business development, research and development, working capital and general corporate purposes. […]
Prairie Operating to Acquire Nickel Road Operating’s Assets Energy firm Prairie Operating Co, on Thursday, agreed to acquire the assets of Nickel Road Operating, oil and gas acquisition company in a cash deal for $94.5 million. The deal value is split into $83 million in cash and $11.5 million in deferred cash payments and it […]
