GCC

Global Blue Reports Q2 FY23/24 Financial Results, Delivering Growth and an Improved Capital Structure

Retrieved on: 
Wednesday, November 29, 2023
Mobile, Wireless, Technology, Other Retail, Other Technology, Professional Services, Data Management, Supply Chain Management, Retail, Online Retail, Other Professional Services, Targets, EBITDA, Individual, Global Blue, Tax-free shopping, Golden Week, Investment, Acceleration, Wealth, LTM, High, LFL, Environment, Growth, Hospitality, GCC, Travel, Tax Free, Rare-earth element, Online shopping, Tourism

In summary, Global Blue should be well placed to benefit from the progressive reopening of Mainland Chinese international travel.

Key Points: 
  • In summary, Global Blue should be well placed to benefit from the progressive reopening of Mainland Chinese international travel.
  • In September 2023, the Group issued guidance and long-term targets as it continues to benefit from the strong growth drivers of the business; Global Blue Group Holding AG - Global Blue Introduces Financial Guidance and Long-term Targets .
  • On that basis, Global Blue is targeting Revenue growth of 7.0% to 11.0% for FY25/26 to FY27/28.
  • Global Blue is targeting pricing evolution and mix effects to result in a 3.0% differential between Sales in Store(3) and Revenue growth.

PQE Group Expands Operations into Saudi Arabia, Inaugurates Riyadh Office in Collaboration with Local Partner Maha Alateeki

Retrieved on: 
Thursday, November 30, 2023
Professional Services, Health, Business, Medical Devices, Other Professional Services, Fintech, Consulting, Engineering, Multimedia, The Business Council, Partnership, Persian Gulf, Growth, B20, GCC, Dawa Life Sciences, Management

This milestone is made possible through a strategic partnership with esteemed local collaborator, Maha Alateeki.

Key Points: 
  • This milestone is made possible through a strategic partnership with esteemed local collaborator, Maha Alateeki.
  • In the words of the Chief Strategy Officer of PQE Group Riccardo Salvagnini: "Having invested significantly in Europe, Asia, and the Americas, PQE Group is now poised to extend its horizons into the Gulf Region.
  • "I am honored to collaborate with PQE Group in bringing their world-class expertise to Saudi Arabia.
  • Together with PQE Group, we aim to contribute to the growth and success of businesses in the GCC market."

Tachyum Prodigy Complete Software Package Enters Testing

Retrieved on: 
Tuesday, November 28, 2023
Semiconductor, Hardware, Data Management, Technology, Software, GPU, Economics, ARM, UEFI, LLVM, PyTorch, Xen, OPEX, Ecosystem, FPGA, Library, CAPEX, KVM, Linux, HPC, Universal, AI, GCC, TensorFlow, FreeBSD, Prodigy, Video game

Tachyum software engineers have worked hard to enable the full potential of Prodigy with the development of a rich ecosystem of applications, system software, frameworks and libraries that are ported to run natively on Prodigy hardware.

Key Points: 
  • Tachyum software engineers have worked hard to enable the full potential of Prodigy with the development of a rich ecosystem of applications, system software, frameworks and libraries that are ported to run natively on Prodigy hardware.
  • Once the software package completes its testing and runs cleanly on the FPGA, the company can fully transition to advancing the Universal Processor into production.
  • Included in the software distribution package as part of alpha testing are:
    System software including UEFI, Linux, SE-Linux, FreeBSD, KVM, XEN, GCC, LLVM, TensorFlow and PyTorch.
  • Having it available for alpha testing is a massive step towards revolutionizing the data center.”
    A video demonstrating the alpha release of Tachyum’s Prodigy software distribution package is available for viewing at https://youtu.be/XLNcOuepbUM.

Intermobility Expo 2023 Kicks Off with Grand Opening by H.E. Mattar Al Tayer

Retrieved on: 
Thursday, November 23, 2023
Other Transport, Business, Logistics, Supply Chain Management, Professional Services, Transport, Ministry, Assistant, Safety, Infrastructure, Road, Multimedia, Calendar, Electric vehicle, City, RTA, Exhibition, Connect, GCC, Government

View the full release here: https://www.businesswire.com/news/home/20231123635738/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231123635738/en/
    Intermobility Expo 2023 Kicks Off with Grand Opening by H.E.
  • Mattar Al Tayer (Photo: AETOSWire)
    The 22nd edition of the Intermobility Expo 2023, which was known as the Gulf Traffic, the largest Intelligent Transport and Future Mobility Summit of the Middle East, Turkey, and Africa was officially launched by H.E.
  • Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at the Roads and Transport Authority (RTA), at an exciting opening ceremony in the presence of industrial experts and government delegates.
  • We are confident that we are paving the way to bring experts together on one platform to discuss, share, and acknowledge trends in future transportation.”

Knot Home Signs Memorandum of Understanding (MoU) with Home Centre

Retrieved on: 
Tuesday, November 21, 2023
Online Retail, Home Goods, Retail, Memorandum of understanding, GCC, Multimedia, Partnership, Carpet, Cushion

This strategic collaboration, cemented by the signing of a Memorandum of Understanding (MoU), is aimed at jointly bolstering the e-commerce presence of Carpets and Cushions in the GCC Market.

Key Points: 
  • This strategic collaboration, cemented by the signing of a Memorandum of Understanding (MoU), is aimed at jointly bolstering the e-commerce presence of Carpets and Cushions in the GCC Market.
  • This partnership expands Knot Home's online presence, making a broader range of high-quality products easily accessible to GCC customers.
  • Enhanced Shopping Experience: Knot Home and Home Centre are committed to providing customers with a seamless and user-friendly online shopping experience.
  • Home Centre, a respected name in the home retail industry, is excited to welcome Knot Home into its online marketplace.

Intermobility Expo 2023: Informa Connect Paves the Way for Sustainable Transportation Solutions

Retrieved on: 
Monday, November 20, 2023
Rail, Transportation, Transport, Public Transport, Travel, Ministry, CPD, Safety, Commercial, Dubai World Trade Centre, Multimedia, City, Exhibition, Connect, Supreme Council, GCC, Energy demand management, Video game

Informa Connect, the global leader for events in the Middle East region, is gearing up for the Intermobility Expo 2023, the largest Intelligent Transport and Future Mobility Summit for the Middle East, Turkey, and Africa.

Key Points: 
  • Informa Connect, the global leader for events in the Middle East region, is gearing up for the Intermobility Expo 2023, the largest Intelligent Transport and Future Mobility Summit for the Middle East, Turkey, and Africa.
  • View the full release here: https://www.businesswire.com/news/home/20231120576800/en/
    The Intermobility Expo 2023 will delve into initiatives as well as highlight the potential for the transportation sector's unprecedented transformation, especially in GCC cities through technologically driven solutions.
  • Alan Kelly, Commercial & Strategy Director at Informa Connect, commented, "The 22nd edition of the Mobility Infrastructure Congress 2023 underscores the importance of integrating technological solutions with the transportation sector to bridge a pathway for optimised and seamless travel hubs in the future.
  • It is a vital platform where the various stakeholders of the transportation sector will unite to discuss solutions for challenges faced and collaborate on new initiatives for future mobility for all.”

Sunnova Expands Cutting-Edge Global Command Center, Redefining Customer Service in the Solar Industry

Retrieved on: 
Thursday, November 16, 2023
Commercial Building & Real Estate, Construction & Property, Transport, Utilities, Building Systems, Alternative Energy, Energy, Logistics, Supply Chain Management, Residential Building & Real Estate, NYSE, Sunnova, Wildfire, NOVA, Customer communications management, Multimedia, Weather, John Berger (author), SRS, Trust, Solar energy, Pods, Communication, GCC, Knowledge, Travel, Food delivery, Management, Medical device, Q3

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading energy services company, today announced the expansion of its Global Command Center (GCC), a significant milestone in its commitment to delivering an unparalleled customer service experience.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading energy services company, today announced the expansion of its Global Command Center (GCC), a significant milestone in its commitment to delivering an unparalleled customer service experience.
  • View the full release here: https://www.businesswire.com/news/home/20231116665883/en/
    Sunnova's Global Command Center based in Houston, Texas.
  • (Photo: Business Wire)
    "Sunnova's vision as a service-first company underscores our recognition of the critical importance of building a robust service infrastructure for the long term,” said William J.
  • Customer Communication: As part of Sunnova's ongoing dedication to enhancing customer convenience, the Company will roll-out text-based communication services.

MSCI Equity Indexes November 2023 Index Review

Retrieved on: 
Tuesday, November 14, 2023
Finance, Data Analytics, Banking, Professional Services, Asset Management, Empyrean, Willis Towers Watson, Investment company, Commercial bank, TSMC, CGN, Index, Atlas, IMI, Commerce, GCC, State Street Corporation, NYSE, CNH Industrial, Atlas Copco, Tyson Foods, Cryptocurrency, Holding company, Western Union, MSCI, Sri Lankan, GIF

MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the November 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.

Key Points: 
  • MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the November 2023 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore indexes and the MSCI China All Shares Indexes.
  • MSCI Global Small Cap Indexes: There will be 216 additions to and 283 deletions from the MSCI ACWI Small Cap Index.
  • MSCI Global All Cap Indexes: There will be 103 additions to and 142 deletions from the MSCI World All Cap Index.
  • In light of currently observed market accessibility issues, MSCI will not implement changes as part of this Index Review for any securities classified in Bangladesh, Egypt, Kenya, or Nigeria for the MSCI Bangladesh, MSCI Egypt, MSCI Kenya, and MSCI Nigeria Indexes or impacted composite indexes.

Global Commodity Digital Trader 'Open Mineral Ltd' Appoints Chief Financial Officer

Retrieved on: 
Sunday, December 17, 2023
Social, Mercuria, Corporation, Mineral, CFO, EY, Growth, GCC, Environment, Corporate finance, ESG, Cryptocurrency, Entrepreneurship, Accounting, Kingdom

Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.

Key Points: 
  • Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.
  • And with the world's economies continuing to advance amid volatility, and global trade headwinds impacting our GCC region, the need for a CFO with an evolved skillset and mindset like Miguel is invaluable."
  • Prior to joining Open Mineral, he was Chief Executive Officer at TF Cargoes, and held senior positions in several leading commodity companies and large MNCs including Trafigura, Mercuria Energy Trading SA, Hartree Partners, and EY.
  • Miguel holds an MBA (Finance, Accounting, and Entrepreneurship) from The Wharton School.

Global Commodity Digital Trader 'Open Mineral Ltd' Appoints Chief Financial Officer

Retrieved on: 
Sunday, December 17, 2023
Social, Mercuria, Corporation, Mineral, CFO, EY, Growth, GCC, Environment, Corporate finance, ESG, Cryptocurrency, Entrepreneurship, Accounting, Kingdom

Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.

Key Points: 
  • Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.
  • And with the world's economies continuing to advance amid volatility, and global trade headwinds impacting our GCC region, the need for a CFO with an evolved skillset and mindset like Miguel is invaluable."
  • Prior to joining Open Mineral, he was Chief Executive Officer at TF Cargoes, and held senior positions in several leading commodity companies and large MNCs including Trafigura, Mercuria Energy Trading SA, Hartree Partners, and EY.
  • Miguel holds an MBA (Finance, Accounting, and Entrepreneurship) from The Wharton School.