finance & economy

September 17, 2020

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced the expansion of its cell therapy manufacturing capabilities with the opening of a new 24,000 square-foot R&D cell therapy manufacturing facility at its R&D headquarters in Boston, Massachusetts. The facility provides end-to-end research and development capabilities and will accelerate Takeda’s efforts to develop next-generation cell therapies, initially focused on oncology with potential to expand into other therapeutic areas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200915005224/en/ “We are collaborating with some of the best scientists and innovators around the world establishing a highly differentiated immuno-oncology pipeline leapfrogging into new modalities and mechanisms with curative potential,” said Chris Arendt, Ph.D., Head of Takeda’s Oncology Therapeutic Area Unit. “With three oncology cell therapy programs in the clinic and two more targeted to enter the clinic in fiscal year 2021, we are working with urgency and purpose for patients. This new facility helps us rapidly scale our manufacturing capabilities so we can simultaneously advance multiple highly differentiated cell therapy programs.” Oncology cell therapy is a type of immunotherapy that uses genetically modified immune cells to find and kill......

Continue Reading >

September 17, 2020

Neustar, Inc., a global information services and technology company and leader in identity resolution, today released its latest cyberthreats and trends report which identifies significant shifts in distributed denial-of-service (DDoS) attack patterns in the first half of 2020. Neustar’s Security Operations Centre (SOC) saw a 151% increase in the number of DDoS attacks compared to the same period in 2019. These included the largest and longest attacks that Neustar has ever mitigated"...

Continue Reading >

September 17, 2020

The coronavirus has brought grave challenges to the economic conditions, education, health, employment and rights protection of women who must themselves be lifted out of poverty if mankind is to eliminate poverty overall, Chinese First Lady Peng Liyuan told a videoconference on Wednesday.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005380/en/

Peng, speaking on the 25th anniversary of the Beijing World Women's Conference"...

Continue Reading >

September 17, 2020

Preqin is pleased to announce that it has established a new permanent office in Dubai, United Arab Emirates. This location marks Preqin’s 12th office opening, and its second in EMEA. Having opened three other new office locations in the past 12 months, the company now employs more than 600 people in nine countries on four continents.

Located in the Dubai International Finance Center (DIFC), the office opens with a team of three staff dedicated to serving the alternative assets community in the Middle East. Over the next six months, Preqin expects to grow that to five people.

Ben"...

Continue Reading >

September 17, 2020

CTI Clinical Trial and Consulting Services (CTI), a global, privately held, full-service contract research organization (CRO) announces the acquisition of Clinart, a full-service CRO with nearly 20 years of experience and strong local expertise in the Middle East and Northern Africa (MENA) region.

Clinart provides an extensive array of services, from early to late-stage research as well as product support in accordance with global and regional requirements. Additionally, the Clinart footprint augments CTI’s current reach in the MENA region, with associates in Egypt, Morocco, Tunisia, Lebanon, Saudi Arabia, Kuwait, Jordan, Oman, and United"...

Continue Reading >

September 17, 2020

Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announced the Dubai launch of its partnership with Kitopi, the world’s leading managed cloud kitchen platform, at the end of August. Partnering with Kitopi earlier this year, Nathan’s has officially launched its partnership to Dubai with the plans to expand to Kuwait, Saudi Arabia and Abu Dhabi within the next six months. Nathan’s Famous will also introduce a new menu item, the Burj-urger, which is made with 16 angus-beef patties topped with American cheese served on a toasted buttered potato bun, to be exclusively distributed across the Middle East.

This"...

Continue Reading >

September 17, 2020

  • AMERICAN EXPRESS TO SIGNIFICANTLY EXPAND AND ENHANCE EXISTING CENTURION LOUNGES AT NEW YORK’S LAGUARDIA AIRPORT AND LAS VEGAS’ MCCARRAN INTERNATIONAL AIRPORT
  • AMERICAN EXPRESS INTRODUCES NEW “CENTURION LOUNGE COMMITMENT” HEALTH AND SAFETY PROTOCOLS

Today, American Express (NYSE: AXP) announced plans to expand two of its signature Centurion Lounges and introduced The Centurion Lounge Commitment, a set of new health and safety protocols and practices, which will be implemented in all Centurion Lounges as they reopen (some starting in early October). The Centurion Lounge at New York's LaGuardia Airport (LGA) will relocate to a larger location in the brand new Terminal"...

Continue Reading >

September 17, 2020

Snowflake shares opened at $245 in New York trading – more than double its IPO price.

The cloud-data software maker had an amazing stock-market debut on Tuesday, which turned the eight-year-old software company into a business valued at about $73 billion (Dh268.12bn)

Its $3.36bn initial public offering is a record for a software company and the biggest in the US this year.

Snowflake's 104 per cent share gain at the opening bell was the third-highest for an IPO of $1bn or more on"...

Continue Reading >

September 17, 2020

ABU DHABI, 16th September, 2020 (WAM) -- Abu Dhabi Ports has launched the Smart Container Initiative that will house its digital solutions in a resilient, safe and optimised eco-friendly mobile environment as part of its ongoing digital transformation drive.

Powered by clean energy, the solar-panelled steel and aluminium smart container uses environmentally friendly technologies such as in-row cooling, renewable energy and efficient space allocation that will reduce Power Usage Effectiveness, PUE, by more than 20 per cent and will slash carbon emissions by half.

The"...

Continue Reading >

September 17, 2020

DUBAI, 16th September, 2020 (WAM) -- A recent report by the Business Registration & Licensing, BRL, sector of Dubai Economy shows that the number of operating businesses in Al Barsha has reached 7,112 to date.

Of these, 50.6 percent licences were Commercial, followed by Professional (47 percent) and the rest related to Tourism and Industrial activities.

The report offers the business community an overview of the business reality and the opportunities available in Al Barsha.

In terms of"...

Continue Reading >