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Al-Bayan Magazine
Al-Bayan Magazine
Climate change is hurting Insurers
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have increased 250% in…
New Rakuten UN-LIMIT VII plan with discounts on Rakuten Group Services
Rakuten Mobile, Inc. today announced the new Rakuten UN-LIMIT VII service plan which will continue to offer unlimited data for a monthly fee of 2,980 yen (3,278 yen inc. tax) and add new discounts on select Rakuten Group services. Applications…
A. Lange & Söhne at the Concorso d’Eleganza Villa d’Este 2022
A. Lange & Söhne will once again be present at the Concorso d’Eleganza, where the most beautiful classic cars will be shown on the grounds of the Villa d’Este on the shores of Lake Como from 20 to 22 May…
Gucci will start accepting Crypto Payments this Month
Gucci will accept payments in cryptocurrencies in the U.S. starting this month, as the luxury industry takes tentative steps to embrace digital assets. Customers in some stores in New York, Los Angeles, Miami, Atlanta and Las Vegas will be able…
Musk says Businesses and Governments may have to Pay for Twitter
Elon Musk has said that businesses and governments may soon need to pay a “slight cost” to use Twitter just weeks after announcing he plans to buy the social media platform for $44 billion. The tech billionaire, who is also…
GWC Reports Q1 Financial Results
GWC, one of the region’s fastest growing companies, announced its financial results for the first quarter of 2022. During the three-month period ending 31 March 2022, the company posted Net Profits of QAR 58 million, reporting a growth of 6%.…
CBD reports Net Profit of AED 431 M
Commercial Bank of Dubai (CBD) today reported its financial results for the first quarter of 2022. Commercial Bank of Dubai has delivered a net profit of AED 431 million for the first quarter of 2022, up 32.6% compared to the…
McLaren Automotive appoints Michael Leiters as CEO
British luxury supercar and hypercar maker McLaren Automotive announces the appointment of Michael Leiters as its new Chief Executive Officer from 1 July, 2022. German-born Mr Leiters, 50, holds a doctorate in engineering and has held senior positions at Porsche…
Australian Inflation hits 20-year High, May Rate Rise seen in Play
Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, fueling speculation interest rates could rise from record lows as soon as next week. That would be…
Dollar Nears Pandemic Peaks as Investors seek Safety
The dollar stood at its highest level since the early days of the pandemic on Wednesday and was heading for its best month since 2015, supported by the prospect of U.S. rate hikes and on safe-haven flows fanned by slowing…
