First corporate Sukuk issued in Qatari Riyal Estithmar Holding QPSC is pleased to announce the successful issuance of a QAR 500 million Sukuk, marking the first corporate Sukuk to be denominated in Qatari Riyal. This issuance is the first tranche of its QAR 3.4 billion Sukuk programme, which is listed on the London Stock Exchange’s International Securities Market (ISM). The 3-year Sukuk offers an attractive 8.75% coupon and has drawn significant interest from a diverse range of institutional investors, including both governmental and non-governmental entities. The investor base comprises banks, insurance companies, and asset managers, with settlement expected within five…
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Company Showcases Powerful and Efficient CordZero All-in-One Tower Combi and Latest Robot Vacuum with Simultaneous Wet and Dust Cleaning Capabilities. LG Electronics (LG) is introducing its brand-new stick vacuum cleaning solution, the LG CordZero™ All-in-One Tower Combi, alongside its latest ‘all-in-one’ robot vacuum and mop at IFA 2024. The All-In-One Tower Combi redefines storage, charging, and style while making everyday cleaning simpler and more efficient by combining the CordZero A9X stick vacuum with the CordZero R5 robot vacuum. The company’s latest robot vacuum and mop features a comprehensive system that handles floor cleaning, mopping, dust emptying, water refilling, and automatic…
The iconic blended Scotch whisky brand will become the club’s Official Whisky Partner, celebrating their shared ambition for collective success ahead of the new season. To mark the partnership, Chivas Regal and Arsenal are treating the local community and spirited Gooners to a pre-match round with a Chivas Highball giveaway across local pubs. LONDON, 14 August 2024 /PRNewswire/ – Luxury Scotch whisky brand Chivas Regal and renowned global football club Arsenal have today announced a new multi-year partnership, highlighting their commitment to championing community, advancing culture, and celebrating collective success. Chivas Regal will become the club’s first Official Whisky Partner…
Bournemouth is Britain’s HAIRLESS hotspot, with more hair removal clinics per capita than any other area A new study reveals that Bournemouth residents are more diligent with removing body hair than any other area in the United Kingdom, with the highest concentration of hair removal clinics in the nation Chelmsford and Peterborough follow closely behind, while Swansea comes in last with only one hair removal studio in the whole city The study was conducted analysed the number of beauty clinics in 82 major towns and cities across the UK and identified which areas had the highest concentration of particular beauty…
The Falcon Mamba 7B is the world’s top-performing open-source State Space Language Model (SSLM), as independently verified by Hugging Face. SSLMs have a low memory cost and do not require additional memory to generate arbitrarily long blocks of text. Falcon Mamba 7B also outperforms traditional transformer architecture models such as Meta’s Llama 3.1 8B and Mistral’s 7B. The new model reflects the innovation and pioneering approach of Abu Dhabi in AI research and development. The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has released…
By integrating with SAP SuccessFactors Recruiting, the Recruitment Marketing and CRM solution from Clinch delivers intelligent career site technology, powerful candidate AI and automation, and self-service capability to customers. Clinch Technology Ltd. (Clinch) today announced that its Recruitment Marketing and CRM solution is now available on SAP® Store, the online marketplace for SAP and partner offerings. Clinch Recruitment Marketing and CRM integrates seamlessly with SAP SuccessFactors Recruiting, offering intelligent career site technology, powerful candidate AI and automation, alongside full self-service capability. This enables customers to increase conversions, reduce sourcing expenditure, and achieve faster returns. Fiona Moreton, Chief Product Officer, stated:…
Largest combined early-stage and growth funds focused on Europe Balderton Capital, one of Europe’s leading technology venture capital firms, today announced the launch of its $615 million Early Stage Fund IX and $685 million Growth Fund II, aimed at supporting Europe’s most ambitious entrepreneurs from seed stage through to IPO. “At Balderton, we believe the best way to change the world is to build a business – and that many of these world-changing businesses will be built in Europe,” said Bernard Liautaud, Managing Partner at Balderton. “As a firm, our mission is simple: to be the partner of choice for…
Assaí Atacadista (ASAI), one of Brazil’s leading cash & carry chains, closed the first half of 2024 with net sales of R$ 35.1 billion, marking a 12.9% year-on-year increase and an additional R$ 4 billion compared to the second half of 2023. This robust performance reflects the maturation of newly converted stores and a 2.9% rise in same-store sales. Quarterly net sales reached R$ 17.8 billion, up 11.8% year-on-year, contributing to a reduction in leverage to 3.65x. Assaí operates under the cash & carry model, akin to Costco, where “everyone shops, regardless of social class,” but without the need for…
Despite the ongoing decline in the UK job market, the demand for AI skills remains robust, raising concerns that employers might face difficulties in recruiting new AI talent in an already scarce talent environment. This is based on new data from the leading talent solutions provider, WilsonHCG. WilsonHCG’s talent intelligence and labour market analytics platform has disclosed that the UK job market, while faring slightly better than in recent months, continues to struggle, with overall job postings decreasing by 1.2% between June and July 2024. This marks the tenth consecutive month of decline. Despite these adverse market conditions, the demand…
Women experience significantly more difficulty in separating their work and family lives when working from home compared to men, according to new research from Durham University Business School. While remote work is often praised for its potential to address gender inequality due to its flexibility, these findings highlight that personal circumstances still impact women’s careers. The research, carried out by Menghan Shen, an MSc Information Management student at the University of Sheffield, and Dr. Efpraxia Zamani, Associate Professor of Information Systems at Durham University Business School, aimed to understand the experiences of both women and men working remotely, focusing on…