EGYPT

#VelocitySeries 2.0 Launch Alert: Dive into The Era of Data-Driven, Divisible Art with Bybit's Exclusive Livestream with Oracle Red Bull Racing

Retrieved on: 
Friday, April 5, 2024
AOI, World championship, F1, Pop-punk, Fraction, NFT, Formula, Divisor, Non-fungible token, UTC, Hot, Velocity, Cryptocurrency

The live event promises exciting insights and a chance to win incredible prizes, including the coveted Velocity Pass 2.0.

Key Points: 
  • The live event promises exciting insights and a chance to win incredible prizes, including the coveted Velocity Pass 2.0.
  • Meet the Velocity Series 2.0 Powerhouse Panel:
    Max Wu, Bybit Web3: Get firsthand insights from Bybit's Web3 team.
  • Dan Mitchell, Oracle Red Bull Racing: Dive deep into the world of F1 with a representative from the championship-winning team.
  • Exclusive Reveals and Hot Topics:
    Celebrate 20 Years of Oracle Red Bull Racing Glory: Witness the fusion of cutting-edge technology and artistic expression as we commemorate Oracle Red Bull Racing's two-decade reign.

#VelocitySeries 2.0 Launch Alert: Dive into The Era of Data-Driven, Divisible Art with Bybit's Exclusive Livestream with Oracle Red Bull Racing

Retrieved on: 
Friday, April 5, 2024
AOI, World championship, F1, Pop-punk, Fraction, NFT, Formula, Divisor, Non-fungible token, UTC, Hot, Velocity, Cryptocurrency

The live event promises exciting insights and a chance to win incredible prizes, including the coveted Velocity Pass 2.0.

Key Points: 
  • The live event promises exciting insights and a chance to win incredible prizes, including the coveted Velocity Pass 2.0.
  • Meet the Velocity Series 2.0 Powerhouse Panel:
    Max Wu, Bybit Web3: Get firsthand insights from Bybit's Web3 team.
  • Dan Mitchell, Oracle Red Bull Racing: Dive deep into the world of F1 with a representative from the championship-winning team.
  • Exclusive Reveals and Hot Topics:
    Celebrate 20 Years of Oracle Red Bull Racing Glory: Witness the fusion of cutting-edge technology and artistic expression as we commemorate Oracle Red Bull Racing's two-decade reign.

Leading Travel Marketplace WINGIE Experiences a Significant Rise in Bookings for the Upcoming Eid al-Fitr holiday

Retrieved on: 
Wednesday, March 20, 2024
Airport, Friends, Travel, Family

This year, WINGIE , the leading marketplace in the MENA region, reports a remarkable 40% increase in travel bookings as families prepare to reunite and celebrate Eid al-Fitr, signaling a significant rebound in holiday travel.

Key Points: 
  • This year, WINGIE , the leading marketplace in the MENA region, reports a remarkable 40% increase in travel bookings as families prepare to reunite and celebrate Eid al-Fitr, signaling a significant rebound in holiday travel.
  • Recognizing the importance of this, WINGIE has observed a surge in bookings, with customers eager to embrace the opportunity to connect with loved ones.
  • The recent surge in travel bookings highlights a notable trend, especially in anticipation of Eid al-Fitr celebrations, and likewise for those who want to have a vacation.
  • The increased demand for travel to these destinations not only reflects the cultural significance of Eid al-Fitr but also suggests a resurgence in the desire for travel.

KECK GRADUATE INSTITUTE SELECTS DR. MOHAMED ABOUSALEM AS ITS THIRD PRESIDENT

Retrieved on: 
Tuesday, March 12, 2024
Research, University, Organization, Innovation, Growth, Civil engineering, Science, Health, Assistant, Regenerative medicine, Trustee, Education, History, CIRM, SJSU, Engineering, KGI, Knight Foundation, MBA, SAN, Silicon, Claremont Colleges, Alexandria University, Santa Clara University, Sheldon Schuster, Keck Graduate Institute, Marketing, Management

As the Vice President for Research and Innovation at San José State University (SJSU), Dr. Abousalem provided executive leadership to the growth of the university’s research and innovation enterprise.

Key Points: 
  • As the Vice President for Research and Innovation at San José State University (SJSU), Dr. Abousalem provided executive leadership to the growth of the university’s research and innovation enterprise.
  • Dr. Abousalem has held several executive roles for organizations in Silicon Valley and Canada, leading product and corporate development, general management, marketing communications, and human resources of several worldwide business operations.
  • "I am thrilled and privileged to have been chosen to lead KGI at this exciting and transformational time in its history," Dr. Abousalem said.
  • and Ph.D. in Geomatics Engineering from the University of Calgary, Canada, and an MBA from Santa Clara University.

AM Best Affirms Credit Ratings of Misr Life Insurance Company

Retrieved on: 
Thursday, April 4, 2024
Banking, Professional Services, Insurance, Finance, Risk management, MLIC, ALL, ROE, News, NSR, Credit, AM Best, EGP, Good, MIHC

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Life Insurance Company (MLIC) (Egypt).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Life Insurance Company (MLIC) (Egypt).
  • MLIC is the life insurance subsidiary of Misr Insurance Holding Company (MIHC).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Egypt's Loyalty Programs Market Intelligence & Growth Dynamics Explored - Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 4, 2024
Data Management, Other Retail, Online Retail, Technology, Discount, Variety, Specialty, Department Stores, Fashion, Apps, Applications, Retail, Restaurant, Bar, Growth, Travel, Research, AI, Operational definition, Behavior

The "Egypt Loyalty Programs Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Loyalty Programs Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • The loyalty programs market in Egypt is undergoing significant growth and transformation, according to a new comprehensive databook.
  • Notably, the databook reveals that the Egyptian loyalty market is expected to ascend to US$785.0 million by 2028, showcasing the burgeoning opportunities in this sphere.
  • It uncovers the value accumulated and redemption rate of loyalty programs while also breaking down market dynamics by loyalty program type, encompassing points, tier-based, mission-driven, and spend-based programs, among others.

AM Best Affirms Credit Ratings of Misr Insurance Company

Retrieved on: 
Thursday, April 4, 2024
Insurance, Professional Services, ERM, Risk management, MIC, Environment, Risk, ALL, News, NSR, Capital adequacy ratio, Credit, AM Best, EGP, Good, MIHC

MIC is the non-life insurance subsidiary of Misr Insurance Holding Company (MIHC).

Key Points: 
  • MIC is the non-life insurance subsidiary of Misr Insurance Holding Company (MIHC).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Suez Canal Insurance

Retrieved on: 
Thursday, April 4, 2024
Consulting, Professional Services, Insurance, Finance, ERM, ALL, News, NSR, Credit, AM Best, Superior, SCI, Risk management

AM Best has affirmed the Financial Strength Rating of B- (Fair), the Long-Term Issuer Credit Rating of “bb-” (Fair) and the Egypt National Scale Rating (NSR) of aa.EG (Superior) of Suez Canal Insurance (SCI) (Egypt).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B- (Fair), the Long-Term Issuer Credit Rating of “bb-” (Fair) and the Egypt National Scale Rating (NSR) of aa.EG (Superior) of Suez Canal Insurance (SCI) (Egypt).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Brightly Expands Leadership Team

Retrieved on: 
Friday, March 29, 2024
Software, Professional Services, Internet, Data Management, IOT (Internet of Things), Technology, Digital Cash Management, Digital Assets, Asset Management, Data Analytics, Other Professional Services, Human Resources, Other Technology, Consulting, Culture, Organization, Siemens EDA, Growth, Acquisition, Siemens Digital Industries Software, Hughes, City, Harvard University, Engle, Workplace, Engineering

“Nigel and Christine bring years of strong experience at the global level to their respective fields, and we’re pleased to welcome them to Brightly as we continue our growth,” said Kevin Kemmerer, chief executive officer at Brightly.

Key Points: 
  • “Nigel and Christine bring years of strong experience at the global level to their respective fields, and we’re pleased to welcome them to Brightly as we continue our growth,” said Kevin Kemmerer, chief executive officer at Brightly.
  • She joins Brightly from Maersk, Inc. where she served in many different functions, most recently as the global head of business performance for M&A.
  • “I’m thrilled to join Brightly and look forward to continuing to build on the company’s strong culture,” said Christine Engle, senior vice president, P&O.
  • “Since the acquisition by Siemens Smart Infrastructure in 2022, I’ve seen firsthand how Brightly puts their clients at the center of product innovation and I look forward to continuing this mission,” said Nigel Hughes, head of product at Brightly.

Midea Group Breaks Revenue and Profit Records with RMB 373.7 Billion in 2023

Retrieved on: 
Thursday, March 28, 2024
Robotics, Consumer Electronics, Retail, Environment, Technology, Home Goods, Sustainability, Annual report, Growth, RMB, KUKA, Research, Acquisition, Electronics, Atmosphere, New energy, Midea Group

Midea Group, the world's largest home appliance supplier, has reported impressive growth and record profits in its 2023 annual report.

Key Points: 
  • Midea Group, the world's largest home appliance supplier, has reported impressive growth and record profits in its 2023 annual report.
  • The company achieved a total revenue of RMB 373.7 billion, representing a year-on-year increase of 8.10%.
  • Concurrently, the net profit attributable to shareholders reached RMB 33.7 billion, a year-on-year increase of 14.10%, marking the largest growth since 2019.
  • Midea Group has invested over RMB 14.5 billion in R&D, employing more than 23,000 research personnel globally.