BEIRUT

World InsurTech Report 2021: Unprecedented Access to Capital Investment Fuels InsurTech and BigTech Maturity and Customer Adoption

Retrieved on: 
Thursday, September 16, 2021

New age digital players are offering greater personalization and emphasis on customer experience, thus achieving maturity and customer adoption.

Key Points: 
  • New age digital players are offering greater personalization and emphasis on customer experience, thus achieving maturity and customer adoption.
  • InsurTechs are fast becoming the investment du jour, with a range of investors supporting and enabling the wave of flowing capital.
  • The numbers clearly suggest that exponential InsurTech growth is here to stay, so delivering superior customer CARE is essential.
  • The World InsurTech Report (WITR) 2021 draws on research insights from numerous surveys, roundtable discussions and interviews: World InsurTech Report 2021 Roundtable Discussions, World InsurTech Report 20202021 Executive Interviews, 2020 Global Insurance Executive Interviews, 20202021 Global Insurance Voice of the Customer Survey, Capgemini COVID-19 Consumer Survey 2021, Capgemini InsurTech Landscape Study 20202021, 2021 InsurTech partnership and analytics analysis.

Amazon Prime and Anghami Collaborate in Saudi Arabia and United Arab Emirates with Anghami Plus

Retrieved on: 
Wednesday, September 15, 2021

Millions of songs and podcasts, unlimited downloads, and more will now be available to Amazon Prime members in Saudi Arabia and the United Arab Emirates (UAE), free of charge on Anghamis premier paid tier Anghami Plus with Prime membership.

Key Points: 
  • Millions of songs and podcasts, unlimited downloads, and more will now be available to Amazon Prime members in Saudi Arabia and the United Arab Emirates (UAE), free of charge on Anghamis premier paid tier Anghami Plus with Prime membership.
  • Amazon Prime members in Saudi Arabia and the UAE will also enjoy a 50% discount on an additional six months of Anghami Plus, after the initial six months free subscription.
  • NEW YORK, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Amazon and Anghami, have today announced that Amazon Prime members in Saudi Arabia and the UAE can enjoy an exclusive six-months free offer on Anghami Plus, Anghamis premium paid tier, with their Prime membership.
  • Prime members in Saudi Arabia and the UAE can visit www.anghami.com/amazonprime to avail the exclusive Anghami Plus offer.

$1.1 Million Medical Shipment Distributed in Lebanon

Retrieved on: 
Tuesday, September 14, 2021

"It's just not right that people suffer or even die because a hospital runs out of oxygen or other medical supplies."

Key Points: 
  • "It's just not right that people suffer or even die because a hospital runs out of oxygen or other medical supplies."
  • Eighty-two percent of the Lebanese population has fallen into poverty since 2019 one of the sharpest declines in modern times.
  • Baitulmaal was on the ground in Lebanon shortly after the August 4, 2020, explosion, helping to clear debris, feed the hungry and help the homeless.
  • Since then, Baitulmaal began reconstructing homes and buildings and provided over 2 million meals to impoverished families in Lebanon.In addition to this $1.1 million medical shipment, Baitulmaal previously sent $1.2 million in medical supplies and hard-to-find medications to hospitals in Beirut.

Amazon Prime Members in Saudi Arabia and the UAE Can Now Enjoy an Exclusive Offer of 6 Months of Anghami Plus For Free

Retrieved on: 
Tuesday, September 14, 2021

RIYADH, Saudi Arabia and ABU DHABI, United Arab Emirates, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Amazon and Anghami, have today announced that Amazon Prime members in Saudi Arabia and the UAE can enjoy an exclusive six-months free offer on Anghami Plus, Anghami’s premium paid tier, with their Prime membership. Delivering the ultimate music experience from Anghami, the region’s leading music streaming service, Prime members in Saudi Arabia and the UAE will receive a free six-month subscription to Anghami Plus, followed by 50% off the subscription fee for the next six months.

Key Points: 
  • Delivery benefits for Prime members in Saudi Arabia include Free and Fast Local Delivery options such as Free One-Day Delivery, Free Two-Day Delivery, and Free Delivery from Amazon US and Amazon UAE.
  • Delivery benefits for Prime members in the UAE include Free Same-Day Delivery for eligible orders over AED100 placed before 12:00pm, Free One-Day Delivery, and Free Delivery from Amazon US and Amazon UK.
  • For a limited time, music lovers who are Prime members in Saudi Arabia and the UAE can visit www.anghami.com/amazonprime in order to claim the exclusive Anghami Plus offer.
  • Prime members in Saudi Arabia and the UAE can visit www.anghami.com/amazonprime to avail the exclusive Anghami Plus offer.

SuperWorld CEO Hrish Lotlikar To Deliver Keynote Speech At Venice Architecture Biennale

Retrieved on: 
Tuesday, September 14, 2021

LOS ANGELES, Sept. 14, 2021 /PRNewswire/ -- SuperWorld CEO Hrish Lotlikar, who was recently named one of the Top 30 Most Influential People in the Metaverse , will deliver a keynote speech at this year's Venice Architecture Biennale.

Key Points: 
  • LOS ANGELES, Sept. 14, 2021 /PRNewswire/ -- SuperWorld CEO Hrish Lotlikar, who was recently named one of the Top 30 Most Influential People in the Metaverse , will deliver a keynote speech at this year's Venice Architecture Biennale.
  • SuperWorld is a virtual world in augmented reality (AR), digitally mapped over the surface of the Earth.
  • Plots of SuperWorld land are represented as 64.8 billion non-fungible tokens (NFT) corresponding to real world space.
  • Any user in SuperWorld can explore and create AR content, engage in a virtual real estate marketplace, or buy and sell NFTs in the SuperWorld NFT Salon.

EnviroSolar’s Abe Issa Marks Ten Years in Green Energy

Retrieved on: 
Monday, September 13, 2021

Recently celebrating a decade of that time spent focused on clean, green energy, Issa is now a widely respected authority on solar power nationwide.

Key Points: 
  • Recently celebrating a decade of that time spent focused on clean, green energy, Issa is now a widely respected authority on solar power nationwide.
  • By embracing change and innovating within it, there's no limit to what you can do," says Abe Issa , marking a decade at the forefront of green energy.
  • Very quickly, Abe Issa made the decision to focus on helping homeowners begin their own clean, green energy journeys.
  • A decade on since Abe Issa first entered the clean home energy market, America's power grid is at approximately two percent as far as energy generated by solar technology, according to the expert.

New Report Warns of a 'Third Mass Exodus' from Lebanon, Especially from Bi-Nationals as Crisis Accelerates

Retrieved on: 
Sunday, September 12, 2021

According to the report, an internal indicator regarding Lebanon's entry into a mass emigration wave is the high chance of emigration among Lebanese youth.

Key Points: 
  • According to the report, an internal indicator regarding Lebanon's entry into a mass emigration wave is the high chance of emigration among Lebanese youth.
  • Lebanon has since endured numerous crises, including wars, assassinations and political conflicts due to decades of corruption and bad governance.
  • The Lebanese pound has sunk by around 80 percent, while depositors have lost access to their life savings.
  • Under a limited time offer, a family of up to four must only contribute USD150,000, accounting for a USD45,000 reduction.

New Report Warns of a 'Third Mass Exodus' from Lebanon, Especially from Bi-Nationals as Crisis Accelerates

Retrieved on: 
Sunday, September 12, 2021

According to the report, an internal indicator regarding Lebanon's entry into a mass emigration wave is the high chance of emigration among Lebanese youth.

Key Points: 
  • According to the report, an internal indicator regarding Lebanon's entry into a mass emigration wave is the high chance of emigration among Lebanese youth.
  • Lebanon has since endured numerous crises, including wars, assassinations and political conflicts due to decades of corruption and bad governance.
  • The Lebanese pound has sunk by around 80 percent, while depositors have lost access to their life savings.
  • Under a limited time offer, a family of up to four must only contribute USD150,000, accounting for a USD45,000 reduction.

Landmark Theatres to Join Lifestyle Tenancy Lineup at Scottsdale Quarter

Retrieved on: 
Monday, August 23, 2021

Washington Prime Group Inc. (NYSE: WPG) today announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter (The Quarter), an open-air lifestyle center and mixed-use property located in Scottsdale, Arizona.

Key Points: 
  • Washington Prime Group Inc. (NYSE: WPG) today announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter (The Quarter), an open-air lifestyle center and mixed-use property located in Scottsdale, Arizona.
  • So you can only imagine how excited I am to have Landmark Theatres join us as a tenant partner at Scottsdale Quarter.
  • Leading the negotiations to operate the theatre at Scottsdale Quarter was Michael Fant, Senior Vice President of Real Estate and Development for Landmark Theatres.
  • Scottsdale Quarter is an open-air lifestyle center where the vibe of the city meets the serenity of the desert.

AM Best Downgrades Credit Ratings of Arab Reinsurance Company SAL

Retrieved on: 
Friday, August 13, 2021

AM Best has downgraded the Financial Strength Rating (FSR) to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to bb- (Fair) from bb+ (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon).

Key Points: 
  • AM Best has downgraded the Financial Strength Rating (FSR) to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to bb- (Fair) from bb+ (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon).
  • The Credit Ratings (ratings) reflect Arab Res balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .