MENA

La Gran Carpa Catedral Reaches New Audiences Across Europe and MENA Thanks to Eutelsat Group Satellite Coverage

Retrieved on: 
Tuesday, April 16, 2024

Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) announces a new multi-year partnership with Puerto Rico-based La Gran Carpa Catedral (LGCC), a non-profit institution, to provide satellite distribution services across the Middle East and North Africa (MENA), and Europe.

Key Points: 
  • Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) announces a new multi-year partnership with Puerto Rico-based La Gran Carpa Catedral (LGCC), a non-profit institution, to provide satellite distribution services across the Middle East and North Africa (MENA), and Europe.
  • This collaboration leverages the wide coverage of Eutelsat Group’s EUTELSAT 8 West B satellite to deliver the LGCC TV channel to audiences across Europe and MENA.
  • This new partnership highlights the continued relevance of satellite TV channels to extend their reach to new audiences globally.
  • The EUTELSAT 8 West B satellite is located in MENA’s leading video neighbourhood for satellite TV, giving the High-Definition channel access to over 60 million TV homes.

Arçelik renames its global operations under one corporate brand "Beko"

Retrieved on: 
Friday, April 26, 2024

By harnessing the consumer brand Beko's heritage and innovation, corporate brand Beko gathers employees, operations, and partners alike to strengthen its position as a global leader in the home appliance industry.

Key Points: 
  • By harnessing the consumer brand Beko's heritage and innovation, corporate brand Beko gathers employees, operations, and partners alike to strengthen its position as a global leader in the home appliance industry.
  • ISTANBUL, April 26, 2024 /PRNewswire/ -- Arçelik, the world's leading manufacturer of household appliances, announced today it will rename its global operations under one international corporate brand "Beko".
  • This brand transition unites teams from around the world under one cohesive banner, fostering global growth and strengthening trust and brand loyalty among retailers, customers, and 55,000 employees.
  • The corporate identity change will not apply to Arçelik Pazarlama A.Ş, Arçelik LG, IHP and Arçelik Hitachi.

Arçelik renames its global operations under one corporate brand "Beko"

Retrieved on: 
Friday, April 26, 2024

By harnessing the consumer brand Beko's heritage and innovation, corporate brand Beko gathers employees, operations, and partners alike to strengthen its position as a global leader in the home appliance industry.

Key Points: 
  • By harnessing the consumer brand Beko's heritage and innovation, corporate brand Beko gathers employees, operations, and partners alike to strengthen its position as a global leader in the home appliance industry.
  • ISTANBUL, April 26, 2024 /PRNewswire/ -- Arçelik, the world's leading manufacturer of household appliances, announced today it will rename its global operations under one international corporate brand "Beko".
  • This brand transition unites teams from around the world under one cohesive banner, fostering global growth and strengthening trust and brand loyalty among retailers, customers, and 55,000 employees.
  • The corporate identity change will not apply to Arçelik Pazarlama A.Ş, Arçelik LG, IHP and Arçelik Hitachi.

Yalla Group Releases 2023 ESG Report

Retrieved on: 
Wednesday, April 24, 2024

DUBAI, UAE, April 24, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today published its 2023 Environmental, Social and Governance (ESG) Report.

Key Points: 
  • DUBAI, UAE, April 24, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today published its 2023 Environmental, Social and Governance (ESG) Report.
  • The report details the Company's performance and future goals across five major areas, including responsible governance, environment, trust, people and community, highlighting its ongoing sustainability efforts and progress.
  • Mr. Tao Yang, Founder, Chairman and CEO of Yalla, commented, "ESG has been an essential component of our long-term business vision and core values since day one.
  • Mr. Saifi Ismail, President of Yalla, added, "Yalla has reinforced its commitment to ESG throughout 2023, in line with our deep sense of corporate citizenship and our aspirations for sustainable growth.

Yalla Group Limited Files 2023 Annual Report on Form 20-F

Retrieved on: 
Tuesday, April 23, 2024

DUBAI, UAE , April 23, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 23, 2024, U.S. Eastern Time.

Key Points: 
  • DUBAI, UAE , April 23, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 23, 2024, U.S. Eastern Time.
  • The annual report can be accessed on Yalla's investor relations website at https://ir.yalla.com and on the SEC's website at https://www.sec.gov .
  • The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request.

Global Fund Startup Wise Guys Launches Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia

Retrieved on: 
Monday, April 22, 2024

RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.
  • The Construction Tech specialized fund, spearheaded by Startup Wise Guys, boasts two seasoned General Partners, Jourdan Younis and Aya Zaghnin.
  • The collaboration between Startup Wise Guys and SEEDRA Ventures marks a new update in Saudi Arabia's startup ecosystem as well as its impact in the global startup ecosystem.
  • Accompanying the fund, Startup Wise Guys introduces their signature accelerator program in the region, leveraging its expertise in nurturing B2B startups.

Global Fund Startup Wise Guys Launches Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia

Retrieved on: 
Monday, April 22, 2024

RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia, April 22, 2024 /PRNewswire/ -- In a significant move toward fostering innovation in the construction and real estate sectors, Startup Wise Guys (SWG), in partnership with SEEDRA Ventures and sponsored by the National Technology Development Program (NTDP), is proud to announce the launch of the first Construction Tech Specialized Fund and Accelerator Program in Saudi Arabia.
  • The Construction Tech specialized fund, spearheaded by Startup Wise Guys, boasts two seasoned General Partners, Jourdan Younis and Aya Zaghnin.
  • The collaboration between Startup Wise Guys and SEEDRA Ventures marks a new update in Saudi Arabia's startup ecosystem as well as its impact in the global startup ecosystem.
  • Accompanying the fund, Startup Wise Guys introduces their signature accelerator program in the region, leveraging its expertise in nurturing B2B startups.

D-ID Mobile App for AI Video Generation Surpasses 1 Million Downloads Worldwide Five Months After its Release

Retrieved on: 
Thursday, April 18, 2024

WILMINGTON, Del., April 18, 2024 /PRNewswire/ -- D-ID, the leading platform for the generation of digital humans, announced today that its Creative Reality™ Studio mobile application has reached a major growth milestone: over 1 million downloads worldwide five months after its release. Available on Google Play and iOS, the app creates lifelike AI-powered digital people from a single image with accompanying scripts in 120 languages.

Key Points: 
  • Available on Google Play and iOS , the app creates lifelike AI-powered digital people from a single image with accompanying scripts in 120 languages.
  • Launched in October 2023 , Creative Reality™ Studio enables users to generate speaking, moving AI avatars by uploading still images and scripts.
  • "This is the magic of AI's migration to mobile – complete democratization of AI video production capabilities, available on-the-go to anyone with a mobile device."
  • In the last month alone the android app has seen a majority of downloads in India, and iOS in the US.

Liberty Mutual Insurance Strengthens Global Capabilities and Operating Model to Embrace Future Opportunities in Asia Pacific and Surety Businesses

Retrieved on: 
Wednesday, April 17, 2024

The announcement includes the creation of a new international insurance business division, the unification of two business operations in Asia and the evolution of the company's global surety model. These strategic choices allow GRS to further enable global capabilities through local execution -- all in service of meeting the evolving needs of clients and broker partners.

Key Points: 
  • The announcement includes the creation of a new international insurance business division, the unification of two business operations in Asia and the evolution of the company's global surety model.
  • GRS will create Liberty International Insurance (LII), which will continue to go to market in Asia Pacific, Europe, Latin America and the UK & MENA under its existing brands, including Liberty Specialty Markets (LSM) and Liberty Insurance.
  • Matthew Jackson, currently Head of Asia for Liberty Specialty Markets, will be named President, Liberty International Insurance, Asia Pacific.
  • As a result of this new operating model, Liberty Mutual Surety can better leverage its talent to provide surety customers worldwide with more product expertise and value-added services.

Cloud4C Achieves AWS Managed Services Provider (MSP) Status

Retrieved on: 
Wednesday, April 10, 2024

SINGAPORE, April 10, 2024 /PRNewswire/ -- Cloud4C, one of the leading application-focused cloud managed services providers, has achieved the AWS MSP status after a rigorous independent assessment of the company's technical competency and business value delivery capabilities when accelerating enterprise transformations on AWS.

Key Points: 
  • SINGAPORE, April 10, 2024 /PRNewswire/ -- Cloud4C, one of the leading application-focused cloud managed services providers, has achieved the AWS MSP status after a rigorous independent assessment of the company's technical competency and business value delivery capabilities when accelerating enterprise transformations on AWS.
  • For more than a decade, Cloud4C has been recognized as one of the trusted AWS Cloud Managed Services Providers across APAC, MENA, European, and North American markets.
  • Deb Deep Sengupta, Global President and Chief Revenue Officer, Cloud4C said, "We're proud to achieve the AWS MSP status.
  • With this newly achieved AWS MSP status, customers would be able to better evaluate our cutting-edge offerings on AWS, innovative services, and maximize end value of their cloud investments."