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Electric vans introduced by FedEx Express in Spain.

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Electric vans introduced by FedEx Express in Spain.
Electric vans introduced by FedEx Express in Spain.

FedEx Express Europe has taken a significant step towards sustainable operations with the introduction of its first Mercedes-Benz eSprinter van for ground operations in Spain. This move is part of a larger rollout plan, with 33 vans set to be deployed throughout the country this year.

The 3.5-metric tonne fully electric vehicles will be based at FedEx Express stations in Madrid and Barcelona, with 33 charging points strategically placed across both locations. The energy used to power these vans is certified as coming from renewable sources, and a dynamic power management solution has been implemented to ensure that the electric fleet can be fully charged on-site overnight.

Ian Silverton, managing director of ground operations at FedEx Express Spain, expressed enthusiasm about the introduction of the electric vans, stating that both employees and customers are excited to see them in action. By incorporating low and zero-emission vehicles into their operations, FedEx Express is moving closer to achieving more sustainable practices in both Madrid and Barcelona.

In alignment with FedEx’s global goal of achieving carbon-neutral operations by 2040, the introduction of these electric vehicles will allow for the redistribution of diesel vehicles with remaining operational life, while also phasing out older, less eco-friendly vehicles from the fleet.

David Perdomo Hollatz, head of sales and marketing at Mercedes-Benz Vans Region Europe and Germany, expressed satisfaction in the role that the eSprinter vans are playing in helping FedEx Express work towards its emission-free delivery objectives. He emphasized the importance of reliability and customer focus in both logistics and vehicle manufacturing.

In addition to Spain, FedEx Express has already integrated 23 electric vehicles into operations in London, UK; 12 in Amsterdam, Netherlands; and has plans to deliver 28 more to the Paris area in France. This expansion of electric vehicle usage across Europe underscores FedEx Express’s commitment to sustainable and environmentally conscious practices.

‘Sea Ltd ADR Increases by 4.29% to .28 Following Earnings Report’

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‘Sea Ltd ADR Increases by 4.29% to .28 Following Earnings Report’
‘Sea Ltd ADR Increases by 4.29% to .28 Following Earnings Report’

Sea Ltd ADR’s stock price surged by 4.29% to .28 following the recent report, showcasing a positive trend for investors. Despite a decline in both earnings and revenue, the company managed to maintain its profit margins, indicating strong financial management.

Prior to the report, Wall Street Analysts had given the stock an average rating of Buy, showing confidence in Sea Ltd ADR’s future performance. Additionally, InvestorsObserver currently gives the stock a Bullish Sentiment score based on recent trading activities.

Sea Ltd ADR operates Shopee, Southeast Asia’s largest e-commerce platform in terms of gross merchandise value and transaction volume. Originally a gaming business with Garena, the company expanded into e-commerce in 2015, with Shopee now serving as its primary growth driver. Shopee operates as a hybrid C2C and B2C marketplace across eight key markets, with Indonesia accounting for 35% of GMV.

Garena’s popular game, Free Fire, was the most downloaded game in January 2022 and contributed to 74% of the gaming revenue in 2021. Sea Ltd ADR’s third business, SeaMoney, facilitates e-wallet payments on Shopee and offers digital financial services such as credit lending, showcasing the company’s diversified revenue streams.

Integrating Cutting-Edge Technologies in Deploying Disaggregated RAN

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Integrating Cutting-Edge Technologies in Deploying Disaggregated RAN
Integrating Cutting-Edge Technologies in Deploying Disaggregated RAN

Three industry leaders, Gautam Bhagra of Dell Technologies, Henrik Jansson of Samsung Networks, and Cristina Rodriguez of Intel, recently shared insights on how mobile operators can expedite the deployment of disaggregated radio access networks. In a collaborative effort, the three companies are working to integrate the necessary technologies for operators to establish advanced networks.

During the discussion, Bhagra, Jansson, and Rodriguez emphasized the importance of efficiency and speed in deploying these networks. By leveraging their expertise and resources, they aim to provide mobile operators with the tools and solutions needed to build cutting-edge networks that meet the increasing demands of today’s consumers.

This partnership highlights the significance of cooperation among industry giants to drive innovation and enable the seamless integration of technologies in the telecommunications sector. Bhagra, Jansson, and Rodriguez are confident that their combined efforts will pave the way for enhanced network capabilities and improved connectivity for mobile operators worldwide.

LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire

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LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire
LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire

The new washer-dryer combo with TurboWash™ and 6Motion Direct Drive brings the future of laundry to the here and now

LG Electronics (LG) is giving the gift of time with its next-generation washing machines. Designed to revolutionize the way households approach laundry, these cutting-edge washer-dryers offer a host of features aimed at saving space, time, and energy while delivering unparalleled washing performance.

LG’s washer and dryer all-in-one solution not only saves valuable space in the home but also eliminates the need for switching machines or hanging out clothes to dry, streamlining the laundry process like never before. And with the innovative TurboWash™ – an energy and water-efficient cycle that delivers the same washing performance of a normal, longer spin – cleaning clothes in just 29 minutes allows even less time dedicated to laundry and more time for living life to the fullest.

The latest all-in-one washer-dryers from LG also boast Steam™ technology, which ensures clothes are not just clean, but also free from allergens and odors by eliminating 99.9% of allergens such as dust mites, offering peace of mind for families; particularly those with allergies or respiratory issues.

Proving technological advancement is always at the forefront of LG products, its 6Motion Direct Drive technology moves the wash drum in multiple directions, providing powerful yet gentle care for fabrics. Whether it’s tough stains or delicate garments, rest assured your clothes will receive the proper care while being ultra-clean. 


With not one but two high-efficiency Inverter Direct Drive motors, LG’s washers deliver enhanced performance and durability while crucially operating quietly and with minimal vibration, meaning much less distraction when letting the machine get on with its business, leaving you to yours, all the while consuming less energy, contributing to reduced electricity consumption.

To complement its space-saving qualities, LG’s generous front-loading machines – which allow the wash cycle to be paused to add forgotten items – boast as much as 20kg washing and a 12kg drying capacity, perfect for handling large loads with ease. Moreover, with Smart Diagnosis™ and SmartThinQ (WiFi) accessibility, managing laundry has never been more intuitively advanced.

To learn more about LG’s washing machines, please visit: https://www.lg.com/ae/washing-machines/lg-f20l2crv2e2-uae

About LG Electronics Home Appliance & Air Solution Company  

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com. 

LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire

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LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire
LG is Redefining Laundry Day with its Next-Generation Washing Machines – PRWire

The new washer-dryer combo with TurboWash™ and 6Motion Direct Drive brings the future of laundry to the here and now

LG Electronics (LG) is giving the gift of time with its next-generation washing machines. Designed to revolutionize the way households approach laundry, these cutting-edge washer-dryers offer a host of features aimed at saving space, time, and energy while delivering unparalleled washing performance.

LG’s washer and dryer all-in-one solution not only saves valuable space in the home but also eliminates the need for switching machines or hanging out clothes to dry, streamlining the laundry process like never before. And with the innovative TurboWash™ – an energy and water-efficient cycle that delivers the same washing performance of a normal, longer spin – cleaning clothes in just 29 minutes allows even less time dedicated to laundry and more time for living life to the fullest.

The latest all-in-one washer-dryers from LG also boast Steam™ technology, which ensures clothes are not just clean, but also free from allergens and odors by eliminating 99.9% of allergens such as dust mites, offering peace of mind for families; particularly those with allergies or respiratory issues.

Proving technological advancement is always at the forefront of LG products, its 6Motion Direct Drive technology moves the wash drum in multiple directions, providing powerful yet gentle care for fabrics. Whether it’s tough stains or delicate garments, rest assured your clothes will receive the proper care while being ultra-clean. 


With not one but two high-efficiency Inverter Direct Drive motors, LG’s washers deliver enhanced performance and durability while crucially operating quietly and with minimal vibration, meaning much less distraction when letting the machine get on with its business, leaving you to yours, all the while consuming less energy, contributing to reduced electricity consumption.

To complement its space-saving qualities, LG’s generous front-loading machines – which allow the wash cycle to be paused to add forgotten items – boast as much as 20kg washing and a 12kg drying capacity, perfect for handling large loads with ease. Moreover, with Smart Diagnosis™ and SmartThinQ (WiFi) accessibility, managing laundry has never been more intuitively advanced.

To learn more about LG’s washing machines, please visit: https://www.lg.com/ae/washing-machines/lg-f20l2crv2e2-uae

About LG Electronics Home Appliance & Air Solution Company  

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com. 

The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire

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The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire
The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire
  • Kicking off on February 24, the community engagement event is open to everyone and will run for the upcoming three weekends 
  • Visitors can enjoy popular movie screenings and a selection of snacks and food 

talabat, launches the first edition of “The Hangout”, a series of events that will bring the community together in partnership with Dubai Public Parks. This event provides all visitors to Al Safa Park with an opportunity to watch some of their favorite blockbusters while enjoying a wide selection of food and snacks. Park-goers can enjoy two movies per night at 6.30pm and 8pm during the weekends starting from Saturday, February 24 until Saturday, March 9.

The screenings will feature timeless favorites such as The Lion King, Thor, Ratatouille Top Gun: Maverick, Finding Nemo, Matilda and more which are perfect for families of all ages. talabat will provide a dedicated popcorn kiosk, while Zaatar W Zeit and Cinnabon will offer a variety of their most popular selection for the first weekend.

No advance booking is required, and after the first weekend, movie-buffs can still attend on March 2, 3, 8 and 9, providing an opportunity for everyone to experience “The Hangout”. For easy navigation attendees can use this venue map to locate the screening area at Al Safa Park.

The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire

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The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire
The First Edition of “The Hangout” by talabat Launches in Al Safa Park – PRWire
  • Kicking off on February 24, the community engagement event is open to everyone and will run for the upcoming three weekends 
  • Visitors can enjoy popular movie screenings and a selection of snacks and food 

talabat, launches the first edition of “The Hangout”, a series of events that will bring the community together in partnership with Dubai Public Parks. This event provides all visitors to Al Safa Park with an opportunity to watch some of their favorite blockbusters while enjoying a wide selection of food and snacks. Park-goers can enjoy two movies per night at 6.30pm and 8pm during the weekends starting from Saturday, February 24 until Saturday, March 9.

The screenings will feature timeless favorites such as The Lion King, Thor, Ratatouille Top Gun: Maverick, Finding Nemo, Matilda and more which are perfect for families of all ages. talabat will provide a dedicated popcorn kiosk, while Zaatar W Zeit and Cinnabon will offer a variety of their most popular selection for the first weekend.

No advance booking is required, and after the first weekend, movie-buffs can still attend on March 2, 3, 8 and 9, providing an opportunity for everyone to experience “The Hangout”. For easy navigation attendees can use this venue map to locate the screening area at Al Safa Park.

‘Thoughtworks Set to Attend Upcoming Conference’

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‘Thoughtworks Set to Attend Upcoming Conference’
‘Thoughtworks Set to Attend Upcoming Conference’

Thoughtworks, a global technology consultancy known for integrating strategy, design, and engineering to drive digital innovation, has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Monday, March 4, 2024. The company will be a part of a fireside chat from 8:45-9:25 a.m. PT at the event.

It is important to note that timing and participation details may be subject to change. For those interested in accessing the webcast of the conference, information will be available on the company’s investor relations website at https://investors.thoughtworks.com.

With over 10,500 employees spread across 48 offices in 19 countries, Thoughtworks has been working with clients for 30 years to deliver impactful solutions to complex business challenges using technology as a key differentiator.

For investors and those following the company, Thoughtworks encourages monitoring their investor relations website and social media channels, including @thoughtworks on X and LinkedIn, for material information and compliance with disclosure regulations.

For further inquiries, the global head of investor relations, Rob Muller, can be reached via email at investor-relations@thoughtworks.com. Media inquiries can be directed to the global head of public relations, Linda Horiuchi, via email at linda.horiuchi@thoughtworks.com or by phone at +1 (646) 581-2568.

“Could This Unknown Company have Solved the Biggest Issue with EV Charging?”

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“Could This Unknown Company have Solved the Biggest Issue with EV Charging?”
“Could This Unknown Company have Solved the Biggest Issue with EV Charging?”

Xeal, a company founded in California in 2019, specializes in the installation of level-two EV chargers for various types of private spaces such as multi-family apartment complexes, condo buildings, and university residence halls.

In 2021, Xeal introduced a groundbreaking technology known as Apollo, a distributed-ledger system that sets it apart in the EV charging industry. Unlike traditional chargers, Xeal’s chargers do not require WiFi or cellular connections, eliminating the need for a cellular signal on the user’s phone. This innovative approach allows the chargers to rely on nearfield communication with the phone, increasing reliability and reducing operational costs as they do not need individual cellular data plans.

Although Apollo is not limited to level 2 charging, Xeal has primarily targeted real estate management companies to offer residential-style charging solutions. This strategic focus has allowed Xeal to establish itself as a leader in providing efficient and cost-effective EV charging infrastructure for private properties.

The introduction of Apollo by Xeal represents a significant advancement in EV charging technology, offering a solution to connectivity issues commonly faced in parking garages and other enclosed spaces. With a strong emphasis on reliability and affordability, Xeal is paving the way for the future of EV charging infrastructure.

Published on Mar 4, 2024 by connieshedron.

Record Full-Year Revenue Reported by Salik

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Record Full-Year Revenue Reported by Salik
Record Full-Year Revenue Reported by Salik

In 2023, Dubai’s toll gate operator Salik achieved significant success, generating a total revenue of over AED 2.1 billion from 461.4 million revenue-generating trips. The net profit for the year reached AED 1.098 billion, with toll usage revenue accounting for 87.5 percent of the total revenue, marking an 11.7 percent year-on-year increase to AED 1.845 billion. This performance was the strongest since Salik began operations in 2007, fueled by the movement of individuals and tourists across Dubai.

During the fourth quarter of 2023, revenue-generating trips reached 123.2 million, a notable 11.1 percent increase compared to the previous year and surpassing the previous quarterly record of 113.8 million set in the second quarter of the same year. The Al Maktoum Bridge gate witnessed a significant 53.6 percent year-on-year increase in revenue-generating trips, excluding paid taxi trips, due to the closure of the nearby floating bridge diverting traffic through the gate.

Based on its strong performance, the Board of Directors of Salik recommended distributing 100 percent of the second half of 2023 net profit, amounting to AED 550 million, as dividends to shareholders, equivalent to 7.33 fils per share.

The continued success of Salik in 2023 reflects its importance in Dubai’s transportation infrastructure and the growing demand for toll services in the emirate.

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