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DMCC – the flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of understanding (MoU) with the Securities and Commodities Authority (SCA) to establish a regulatory framework for businesses offering, issuing, listing, and trading crypto assets in DMCC. The agreement will see businesses dealing with crypto assets gain access to bespoke licenses offered by the DMCC Crypto Centre, first-class customer service, a range of incentives, and the strong business regulatory framework developed by DMCC.Working closely with DMCC’s on-boarding teams, the SCA will issue approvals for crypto-related businesses looking to set…
Giatec, world leader in concrete testing technologies, has announced the release of the SmartBooster. This intuitive device extends the range of users’ smartphones’ Bluetooth signal, making it possible to connect to the company’s award-winning SmartRock® wireless concrete sensors from up to 50% further away. This makes it easier and safer for contractors to collect concrete data.A smartphone is designed to only communicate with devices in close proximity. With the SmartBooster device and an extended Bluetooth signal, real-time data from multiple SmartRock sensors across a user’s jobsite are automatically collected. This provides contractors and project managers constant access to data and…
The talented team of watchmakers and designers at OLTO-8 just launched a unique mechanical watch for those who seek individuality and bold style. The motorsport inspired Infinity II watch boasts superb craftsmanship, precise timekeeping and iconic design. This stunning new watch has caught the attention of watch enthusiasts and style influencers and is now available on Kickstarter.Motorsports and watchmaking have always enjoyed a close relationship. Both endeavors demand high performance, cutting-edge technology, and a commitment to excellence. The Infinity II watch is a testament to those qualities. It’s an impressive combination of mechanical perfection and timeless style.Infinity II is an…
The Ministry of Presidential Affairs has expressed its condolences on the death of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, who passed away on Wednesday, 24th March 2021. In a statement, President His Highness Sheikh Khalifa bin Zayed Al Nahyan expressed his sincere condolences and sympathies to Al Maktoum family, asking Allah Almighty to grant them patience and solace to bear their loss. The UAE President has announced a three-day mourning period and ordered that the UAE national flag be flown at half-mast starting today (Wednesday) and be raised next Saturday, 27th…
The MENA Oil and Gas Technology Summit, a one day virtual event hosted by MEED, will take place on Wednesday, 24 March 2021, bringing together stakeholders from National Oil Companies, large end users and utilities companies to explore topics including digitalization, automation, cybersecurity and asset integrity within the region’s oil and gas sector.The oil and gas industry is currently witnessing global oil price volatility coupled with an increasing emphasis on operating more sustainably. A forecast by the International Monetary Fund’s (IMF) expects the GCC’s GDP growth to return to pre-COVID-19 levels only in 2023 – citing weak oil demand, aggravated…
Casio Computer Co., Ltd. announced the release of four new GST-B400 watches, the latest additions to the G-SHOCK family of shock-resistant watches. The new watches boast the slimmest*1 profile of any in the G-STEEL series, which is known for using appealing combinations of different materials.Presenting a stylishly designed look, the new GST-B400 watches deliver the slimmest case of any G-STEEL yet, at just 12.9 mm. They feature a new, improved module built to deliver slimness. Casio achieved new heights in both areas by reducing the number and size of components in the module and employing high-density mounting with a flatter,…
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the Industrial Strategy Operation 300 billion. The 10-year comprehensive strategy aims to empower and expand the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to the GDP from the current AED133 billion to AED300 billion by 2031. Leading the strategy, the Ministry of Industry and Advanced Technology will roll out programs and initiatives to support 13,500 industrial small and medium enterprises (SMEs).Focusing primarily on future industries that implement advanced technology and the Fourth…
Braun, the one-of-a-kind brand celebrating its 100 years in 2021, has entered a unique collaboration with the Chief Creative Officer and Founder of Off-White and Artistic Director of Louis Vuitton Menswear, Virgil Abloh. Today, the design leaders unveil their “functional art” piece with a film online. A remix track by Virgil Abloh is also available on Abloh’s Soundcloud to bring the Braun ethos of good design to life: “it’s timeless and meant to be appreciated and enjoyed over time.”The collaboration with Virgil Abloh sees the designer delve into the Braun archives to update and co-curate the 1965 ‘Wandanlage’ hi fi…
EHang Holdings Limited, the world’s leading autonomous aerial vehicle (AAV) technology platform company, announced a partnership with an Italian architecture firm Giancarlo Zema Design Group (GZDG) to extend its air mobility solutions in the EU. With EHang’s passenger-grade AAV technologies and air mobility solutions, GZDG has designed and will build an eco-sustainable vertiport in Italy.The vertiport will use green design and construction materials, and can generate energy to recharge the EH216 passenger-grade AAVs. Vertiports will play a significant role in the Urban Air Mobility (UAM) market and the new era of flight. When integrated into the existing transportation infrastructure, vertiports…
The new Lamborghini Huracán EVO RWD with rear-wheel drive is about 33 kilograms lighter than is its brethren with four driven wheels. What is more, the weight distribution and chassis have also been systematically geared towards ultra-sporty handling, making it ideal for some quick laps on the racetrack. NOVITEC offers an extensive range of sporty accessories for owners of the RWD looking to give their two-seater even more thrilling looks and upgrade the handling even further.Tailor-made NOVITEC naked-carbon components can make the appearance more spectacular and the aerodynamics more efficient. Hi-tech forged wheels with diameters of 20 and 21 inches,…
