Finance & Economy

March 12, 2020

Best’s Market Segment Report: Lebanese Insurance Market Faces Mounting Uncertainty

Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment. However, recent civil unrest and a ballooning public debt have increased the level of economic uncertainty, which is negatively"...

March 12, 2020

The LEGO Group and Nintendo partner to take legendary brick-building to a new level

The LEGO Group announced a partnership with Nintendo that will change the way people interact with Super Mario in the physical world and engage in LEGO® experiences.

Both companies share a passion for innovation"...

March 12, 2020

U.S. FDA grants Fast Track designation to empagliflozin for the treatment of chronic kidney disease

The U.S. Food and Drug Administration (FDA) has granted Fast Track designation for the investigation of empagliflozin to reduce the risk of kidney disease progression and cardiovascular death in adults with chronic kidney disease, Boehringer Ingelheim and Eli Lilly and Company (NYSE: LLY)"...

March 12, 2020

Morocco, Switzerland Plan Win-Win Vocational Training Partnership

Essaouira – Morocco’s Minister of Education Said Amzazi arrived yesterday in Bern, Switzerland for talks with Swiss Secretary of State for Foreign Affairs Krystyna Marty Lang.

The meetings focused"...

March 12, 2020

Morocco’s HCP Predicts Drop in Economic Growth Due to Drought, COVID-19

Rabat – Morocco’s expected economic growth for 2020 is set to slow significantly, head of Morocco’s High Commission for Planning (HCP) Ahmed Lahlimi confirmed to Reuters in a telephone interview on March 10.

The"...

March 12, 2020

Moroccan Businesswoman Bensalah-Chaqroun Receives French Legion of Honor

Rabat – Moroccan businesswoman Miriem Bensalah-Chaqroun has received the Knight of the Legion of Honor decoration from France.

Bensalah-Chaqroun is currently a director at Holmarcom group, a family holding"...

March 12, 2020

VDX.tv, A New Business Division of Exponential Interactive, Is Expanding Into the United Arab Emirates

Digital advertising leader Exponential Interactive announced this week that it is rolling out its new, video-driven business division, VDX.tv, in all global markets. VDX.tv allows brands to serve tailormade video-driven experiences across screens, including connected TV (CTV) and Over the"...

March 12, 2020

Global Plant-Based Food Company, the LIVEKINDLY co., Launches a $200-Million Investment Supporting the Brand Portfolio of LIVEKINDLY, Fry’s Family Food, and LikeMeat

The LIVEKINDLY co. is leading a movement to build a sustainable future, today, fueled by a $200-million founders’ funding round led by founders, entrepreneurs, and global leaders. Establishing a collective of heritage and start-up brands, the company is on track to become one of the"...

March 12, 2020

SNOWPLUS Successfully Raises Funding, Continues Global Expansion Efforts

SNOWPLUS has announced global investment results from 2019 through February 2020 amounting to approximately $125 million USD. The funding has come from investors in Asia, North America, Europe and the Middle East.

The"...

March 12, 2020

GetSwift Secures Funding up to US$45 Million from U.S. Alternative Investment Group

GetSwift Limited (ASX: GSW) (‘GetSwift’ or the ‘Company’), a leading provider of SaaS logistics technology, is pleased to announce that it has entered into a put option agreement (“Agreement“) with LDA Capital LLC (“LDA Capital“), a United States based private alternative investment group, which has agreed to provide the Company with up to US$45 million (“Commitment Amount”) in committed equity capital over the next 36 months. The Company will use this capital (as required) to continue to fuel growth and to hedge against developing global circumstances such as the Coronavirus. The capital......