July 26, 2017

Starz Play Arabia's funding reaches $125m

MENA on-demand video streaming service Starz Play has now reached a funding total of $125 million since inception, with new investments this year from leading global industry investors Starz, a Lionsgate company; State Street Global Advisors (SSGA); and media and technology investment firms"...

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July 26, 2017

Google Canada head exits, company names interim head

Alphabet Inc said on Tuesday that the head of its Google Canada operations, Sam Sebastian, has left the company. Sebastian had headed Canadian operations since 2014, overseeing the expansion of its engineering hub in Kitchener, Ontario, and helping build Google's artificial intelligence technology prowess in the country. Pelmorex Corp, the owner of The Weather Network and which was formerly known as Pelmorex Media Inc, separately on Tuesday said Sebastian would become its president and chief executive officer, effective Sept. 5. Pelmorex......

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July 26, 2017

9mobile asks Citi, Standard Bank to find new investors

9mobile, the mobile operator formerly known as Etisalat Nigeria, has appointed Citigroup and Standard Bank to find an investor to buy into the firm and three companies have shown interest, a banking source"...

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July 26, 2017

What the US Fed will do this week - and why

Recent US economic data are likely to make Federal Reserve officials more cautious when the federal open market committee meets this week to assess monetary policy developments and prospects. And they should. But the policy makers’ reserve won’t dramatically alter the central"...

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July 26, 2017

Wealthy backers get Convoy trucking company on the road...

As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture.

They are both investors in a trucking logistics start-up"...

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July 26, 2017

WHO: Yemen suffering world’s largest outbreak of cholera...

Yemen is currently witnessing “the biggest outbreak of cholera in the world”, World Health Organisation (WHO) Director-General, Tedros Adhanom Ghebreyesus, said today.”We arrived yesterday in Yemen, which is facing the biggest outbreak of the cholera epidemic in the world"...

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July 26, 2017

Car companies, Ola approach state governments to introduce...

Taxi aggregators, auto makers and component companies are betting big on India’s electric vehicle market, with ambitious plans to fit battery-powered systems in taxis, auto-rickshaws and buses with attractive"...

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July 25, 2017

Mercedes commits to Formula E, to leave DTM

Mercedes will leave the German Touring Car (DTM) championship at the end of next year and enter the electric Formula E series in the 2019/20 season, the carmaker announced on Monday. Mercedes, whose Formula One team have been world champions for the past three seasons, said in a statement that it was carrying out a 'strategic repositioning of its motorsport activities'. 'This new approach will see Mercedes-Benz competing at both ends of the motorsport spectrum,' it added. 'In Formula One, the pinnacle of motorsport......

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July 25, 2017

Air Partner is appointed by Saudi Arabian Airlines as its...

Air Partner's Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, has been appointed by Saudi Arabian Airlines (Saudia) as its exclusive remarketing agent in respect of fifteen Boeing 777-200ER aircraft.

"...

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July 25, 2017

Herve Peyre appointed Swiss-Belhotel's area GM for Bahrain...

Swiss-Belhotel International (SBI) has promoted Herve Peyre to be the company's area general manager for Bahrain, from the position of general manager for Swiss-Belhotel Seef Bahrain.

“We are delighted to"...

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