Pomerantz appointed co-lead counsel in NMC Health securities litigation

Dubai: US District Judge Consuel B. Marshall of the Central District of California appointed Pomerantz LLP as Co-Lead Counsel in Chris Hashem, et al. v. NMC Health plc, et al., a securities litigation being pursued on behalf of a class of defrauded investors regarding allegations of misstatements related to NMC’s financial stability and controls. This is […]

Dubai to double the number of creative companies

Dubai: Dubai has launched a new strategic programme to double the number of creative companies specializing in content, design and culture. ‘Dubai is the capital of the creative economy’ is the latest programme launched by the emirate, to further promote the city as a global economic capital. Accordingly, number of creative companies will be doubled from […]

Dubai to host region’s first Cybertech Global event

Dubai: Dubai is set to host the region’s first Cybertech Global event, an international exhibition and conference for the cyber industry, at the Grand Hyatt Dubai from 5-7 April, 2021. The 8th edition of largest security networking event to be held outside the U.S. is being hosted by the Dubai Electronic Security Center (DESC). Hosting […]

Tesla’s first-quarter deliveries break previous record, beat expectations

New York:  Tesla Inc on Friday posted record deliveries for the January to March quarter, beating Wall Street estimates, as solid demand for less expensive models offset the impact of a global shortage of parts. “We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production […]

Capital International Group (CIG): Helping new businesses reach the next level

With lucrative tax rates, a first-class standard of living, and unlimited opportunities, it is clear why the UAE attracts so many entrepreneurs and start-ups. However, whilst the UAE might be well-known for being a great place to launch that dream venture, knowing where to start might seem more complex. The good news is that, with […]