Currencies

Pair near strong weekly resistance

EUR/USD pair has been rallying extensively over the past few weeks, and even the aggressive comeback by US dollar didn’t seem to reflect much in this pair as it did in other currency pairs. However, that seems to be in corrected in the week ahead, as the pair is in close ranges to a 2008 trend line resistance. On the US front, the US economy added 200K jobs in January and more importantly, saw wages rise by 2.9% y/y, in what seems like a more sustainable acceleration in pay. This sent the dollar higher after a week that saw it struggling to recover. On the week ahead, we have US ISM Manufacturing PMI, which stood at the levels of 55.9 in December. A rise to 56.5 is expected, which if reached will indicate string economy and growth, which could burden EUR/USD.

Instagram have just launched two new ways to share in the moment on Instagram -- live video in Instagram Stories, and ephemeral photos and videos for group and 1:1 conversations in Direct. Both of these features share a similar goal: to give people the flexibility to capture and share all their moments in a fun, low-pressure way.

Today we're making the biggest update to Instagram Stories since launch.

Instinctif Partners Middle East, leading international business communications consultancy, has been retained by UAE-based boutique real estate development company, Aurora Real Estate Development LLC. Instinctif has been hired to plan and deliver an integrated communications strategy. The recent successes in client acquisition, which includes Aurora has led Instinctif to realise a 58% growth over the last 12 months.

NEXA, the Regional Agency for Development, Investment and Innovation of Reunion Island will participate at the Gitex technology Week between the 16^th and the 20th of October 2016 in Dubai. Reunion Island is a French and European Outermost Region, the wealthiest region in the Indian Ocean, an ideal vantage point for developing your business towards Asia, the Middle East, Europe and Africa. The island represents a European hub in the Indian Ocean and a territory near economic blocks: SADC, EAC, IOC.

Kanoo Machinery highlighted its latest technologies that solve key challenges in today's warehousing and storage needs through improved productivity, efficiency, safety and cost effectiveness, at the 9th edition of Materials Handling Middle East, held on September 11-13, 2017 at the Dubai International Convention and Exhibition Centre.

AW Rostamani Shift Car Rental, in partnership with India’s SelfDrive.In announces the launch of SelfDrive.ae, the most comprehensive self-drive car rental portal exclusive to the UAE. The partnership sees SelfDrive.in become the first Indian self-drive car rental company to kick start operations outside of India with a planned roll out of 2000 cars in the UAE and a launch in the neighbouring countries covering the major GCC region.

The new McLaren 720S made its global debut yesterday (March 7) at the 87thGeneva International Motor Show, introducing the second-generation of McLaren’s Super Series and simultaneously raising previously accepted limits of performance in the supercar sector.

Mergermarket Group, the leading provider of business intelligence and research for fixed income, transactions, infrastructure, compliance and equities, today announced that it has re-launched under the brand name Acuris.

MOLOCAHO by Amorette, Tanzania’s luxury furniture brand, makes its groundbreaking appearance at INDEX Design Series 2017, debuting M-Luxury Chair, the world’s only Tanzanite encrusted hardwood chair worth US$ 98,000. Showcasing from 22^nd to 25^thMay 2017 at Dubai World Trade Centre, MOLOCAHO by Amorette, brings this majestic and elegant work of art designed by Jacqueline Mengi, Tanzania’s award-winning furniture designer as they venture to bring Africa’s unparalleled luxury to the Middle East.  Handcrafted by master craftsmen, M-Luxury Chair is a hallmark of the best from Africa; its unique design is a pinnacle of luxury, built to perfection using century old techniques and the world’s famous hardwood Pterocarpus angolensis and Mninga.  Emanating power and wealth, the iconic majestic chair is lush of comfort and timeless grandeur, inspired by ancient throne of tribal kings. Encrusted with Tanzanite, a priceless, ageless and rare gemstone only found in Tanzania, this limited edition of only 20, masterpiece and comes with authenticity certificate.

With the rapid expansion of the Egyptian real estate market in recent years, drawing in investments from the world over, the diverse landscape of the country has been put on the global industry map.  To further support this, Mountain View - which forms part of the Dar Al Mimar Group (DMG) - will showcase its unique offering at the 2018 International Property Show (IPS) for the first time this year.

NEC Display Solutions Europehas today launched three new projectors - P554U, P554W and P603X – in its P Series range to further enhance corporate meeting rooms and learning environments. These latest innovative projectors deliver excellent brightness levels of up to 6,000 ANSI lumen and brilliantly vivid colours thanks to its LCD technology ensuring presentations are clear and visible, with high contrast levels.

NEC Display Solutions Europehas launched the P and V Series, a range of professional MultiSync® large format displays for digital signage as well as presentation use. The new displays support the NEC Open Modular intelligence (OMi) platform, enabling the creation of tailor-made solutions for signage. Scalable computing power such asRaspberry Pi compute modules or Open Pluggable Specification (OPS) Slot-in PCs can be seamlessly embedded into the displays to create a fully integrated solution.

NEC Display Solutions Europetoday announced a collaboration with Canonical, the company behind Ubuntu Core and Screenly, the leading digital signage software solution for Raspberry Pi. This is one of several partnerships NEC has made with digital signage software companies leveraging Raspberry Pi as part of their digital signage solution. The joint collaboration facilitates an innovative digital signage solution which uses NEC’s P and V Series 40–55 inch large format displays and modular Raspberry Pi Compute Module 3 (CM3) to deliver high impact visual content in an integrated package for professional AV applications.

NEC Display Solutions Europe will present its latest display and projection solutions for delivering the premium cinema experience at CineEurope 2017 in Barcelona, Spain on 20-22 June 2017.

NEC Display Solutions Europe has unveiled a new generation of its E Series entry-level professional displays. Now in its 6th generation, the Energy Star-rated* E Series digital information displays come in 32, 43 and 55-inch screen sizes using newly added S-IPS panels and 50 to 65-inch sizes using S-PVA panels. The updated E Series displays feature a slim bezel design, cleaner OSD and an integrated USB media player for instant use and plug-and-play standalone operations.

The board of directors for Omran have announced the appointment of Mr. Peter Walichnowski as Chief Executive Officer.

Panasonic Jaguar Racing delivered another encouraging points haul with both drivers fighting their way into the top 10 in a dramatic race at the Antofagasta Minerals ABB FIA Formula E Santiago E-Prix.

Pirelli has become the first tyre company to join the United Nations Road Safety Trust Fund, pledging a contribution of $600,000 (2018-2019) to help the fund in its efforts to make significant impact in global road safety.  At the same time, the company’s Chief Sustainability and Risk Governance Officer, Filippo Bettini, was nominated to a seat on the fund’s Advisory Board.