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Middle East’s sustainability pioneer, Bee’ah, selects Johnson Controls and Microsoft for its Office of the Future

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On Tuesday, executives from Johnson Controls, Microsoft Corp. and the Middle East’s sustainability pioneer, Bee’ah, announced an agreement to enhance Bee’ah’s new headquarters in Sharjah, United Arab Emirates, with a sweeping array of artificial intelligence (AI) and smart building solutions powered by Microsoft.

Using its Digital Vault offering and extended capabilities built on Microsoft Azure, Johnson Controls will work with Microsoft to outfit the new building with intelligent edge systems, devices and software designed to optimize energy efficiency, make the best use of available space and help the building’s occupants be more productive through a virtual AI persona. Evoteq, Bee’ah’s digital venture, will serve as the technical project management partner for this unique project, deploying integrated solutions and enhanced digital capabilities for greater operational output.

From digital workspaces to smart back-office integration, and from smart lobby-visitor management to smart security, employees and visitors at Bee’ah’s new headquarters will experience a diverse range of cutting-edge AI features through multiple touchpoints across various functions including HR, customer care, procurement, administration, and mechanical, electrical and plumbing systems.

“Environmental sustainability and digital technologies are mutually inclusive factors in driving an economy of the future,” said HE Khaled Al Huraimel, Bee’ah’s Group CEO. “Our headquarters embodies our vision for this future and exemplifies the most sustainable solutions and advanced technologies, with no compromise on strategic partnerships, innovation or delivery. This will be the first building in the region, and one of the first in the world, to have full integration with AI to support new seamless experiences for optimization of efficiencies, performance and functionality. Our office of the future will manifest our commitment to the continual advancement of our valued staff body, and AI solutions will provide new avenues of employee development and operational convenience. We look forward to the gradual rollout of AI-powered smart building solutions at other Bee’ah offices and locations across the UAE.”

As one of the Middle East’s first companies dedicated to the pursuit of improving quality of life, Bee’ah is setting a benchmark in AI capabilities within the region and around the world through smart platforms. Bee’ah’s progressive technology achievements have been made possible due to the continual support from the Sharjah government and the UAE’s leadership, which sets the foundations for developing sustainable smart cities.

Designed by the renowned Zaha Hadid Architects, Bee’ah’s futuristic new headquarters will be fully powered by renewable energy and optimized for the sustainable use of resources to have zero net energy consumption and achieve a LEED platinum certification — the highest recognition awarded to green buildings. Under the agreement, Johnson Controls will deploy a technical infrastructure for the building capable of monitoring its entire environment virtually with Microsoft Azure Digital Twins and IoT technologies. The solution will enable Bee’ah to analyze volumes of data to optimize building operations and drive efficiency.

As Bee’ah’s exclusive cloud provider, Microsoft will also optimize the experience of the building for people through technology and solutions powered by Microsoft Azure. Intelligent concierge capabilities will engage visitors and employees to help locate available meeting spaces, book appointments, give directions, hail rides and support day-to-day tasks. These AI-powered personal concierge services are believed to be the first in the Middle East designed specifically for building occupants.

“Digital Vault and our building apps will give Bee’ah the power to make faster, intelligent data-driven decisions to run its headquarters more safely, efficiently and sustainably, and will increase productivity for the people working and visiting Bee’ah’s headquarters,” said Bill Jackson, vice president and president, Global Products, Building Technologies & Solutions, Johnson Controls. “In partnership with Microsoft, Johnson Controls is transforming traditional building systems with services that merge the physical and digital worlds. Through this project, we are showcasing how the cloud and AI can tap into data from physical spaces to drive better engagement with occupants and achieve new levels of efficiency and sustainability.”

Johnson Controls’ Digital Vault offering takes advantage of the capabilities of Azure Digital Twins, Azure IoT and Azure Container Registry to provide a complete virtual representation of data from connected devices and systems throughout the building. With this approach, Digital Vault translates the physical world inside the building into a digital representation of the building with rich data that can be visualized, analyzed and acted upon to deliver proactive maintenance, optimize building systems and deliver intelligent support for the people inside.

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Bee’ah started with a vision to create one of the most sustainable and smartest buildings in the Middle East. After an exhaustive search, the firm selected Microsoft as its trusted digital advisor because of the company’s deep industry expertise and commitment to empowering smart cities around the world. Microsoft collaborated with Bee’ah to design the new digital experiences and to build an executable strategy using cloud and AI that would not only deliver smart building systems, but also lead to the creation of spaces and services designed to delight its occupants. Bee’ah selected Johnson Controls based on the company’s skills and offerings across smart building systems and the underlying software platforms, as well as its commitment to and close relationship with Microsoft.

“Together with Johnson Controls and Bee’ah, we are driving the digitization of smarter, more sustainable buildings and spaces,” said Scott Guthrie, executive vice president, Cloud + AI Group, Microsoft. “Bee’ah’s iconic new headquarters will be among the first buildings globally to have end-to-end experiences designed and built on the Azure platform. Azure is the platform that can truly integrate across all the devices, systems and services required for such a large and diverse implementation. Microsoft has been able to reduce energy consumption by 20% on our own campus in Redmond by using machine learning on edge devices and in the cloud, and we can’t wait to see what Bee’ah is able to do by applying this approach to its ultramodern new headquarters in Sharjah.”

 

SOURCE Johnson Controls

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FXGiants Online Trading Platform Launches Bonus Initiative to Reward Traders

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HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.

“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”

Exploring the FXGiants Bonus Options

The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.

“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”

About FXGiants

FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.

Terms & Conditions apply. Bonus cannot be withdrawn.

All trading involves risk. It is possible to lose all your capital.

FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.

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Website: https://www.fxgiants.com/

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CKGSB Successfully Hosts 2024 MBA Professor Training Program for Western China

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BEIJING, Dec. 23, 2024 /PRNewswire/ — Cheung Kong Graduate School of Business (CKGSB) successfully hosted the Western China MBA Professor Training Program in collaboration with the China National MBA Education Supervisory Committee and Shantou University School of Business on December 17 and 18, 2024. 58 professors from over 40 universities in China nationwide, mostly western China, attended this training.

Since 2007, CKGSB has been aspiring to address the pressing disparities in management education between eastern and western China with its MBA professor training program. As of 2024, the program has trained 372 professors from 155 universities across 22 provinces, 4 autonomous regions, 3 direct-administered municipality in China, indirectly impacting tens of thousands of MBA students.

This year, the training focused on social innovation and business for good, a topic many participating professors found lacking in their day-to-day teaching and research. Professor ZHU Rui (Juliet), CKGSB Professor of Marketing and Director of the ESG and Social Innovation Center, led the training. She introduced how CKGSB has been innovating with the integration of business for good in management education, and how our relevant practice-based course has already helped 2,800+ students integrate ESG into their businesses. Professor Zhu also hosted an interactive workshop with the training’s participants on how they may build this idea into their teaching.

Participants shared in their post-program survey that Professor Zhu’s teaching and her ESG Assessment map gave them a new perspective on how to balance profits and social responsibilities. Many also felt inspired on how to bridge the gap between research and practice.  

Recognized in CKGSB’s 2022 and 2024 ESG and Social Innovation Reports and honored as a finalist for the 2021 China Social Impact Award by the United Nations and British Chamber of Commerce, this program exemplifies CKGSB’s impact in this critical area. Through partnerships with the government, NGOs, and business schools, this initiative has made significant progress in promoting quality education and reducing inequalities.  

For more information on CKGSB’s ESG and social innovation efforts, visit our ESG and social innovation website.

About CKGSB

Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).

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Wirex Adds VEUR and VCHF Stablecoins to its Platform for Seamless Spending

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VADUZ, Liechtenstein, Dec. 23, 2024 /PRNewswire/ — Wirex, a global leader in bridging traditional and digital finance, has announced the addition of VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to its platform. With this integration, Wirex users can now spend VEUR and VCHF directly through their Wirex cards, streamlining everyday transactions and enhancing convenience.

Wirex cards allow users to use VEUR and VCHF in various ways. Whether users receive payments in VEUR and/or VCHF, use them for remittances (including cross-border transactions), or sell digital assets for stablecoins instead of fiat, Wirex provides the simplest solution for spending in real life. Users can instantly convert their stablecoins into fiat currency and send them directly to their bank accounts, catering to those who prefer traditional banking options.

Pavel Matveev, Co-founder of Wirex, said: “We’re excited to welcome VNX Euro (VEUR) and VNX Swiss Franc (VCHF) to Wirex. This addition allows our users to effortlessly spend stablecoins in real life, whether for daily purchases, remittances, or managing their digital assets. At Wirex, our goal is to make digital currencies as convenient and versatile as traditional money, and VEUR and VCHF are another step toward achieving that vision.”

Future Features

Additional features will be rolled out later after the launch, complementing the immediate benefits of VEUR and VCHF. These include loans and high-yield X-Accounts, both of which are growing in popularity among Wirex users. Loans offer a smart and tax-efficient way to access liquidity without selling underlying digital assets. Users can leverage their BTC, ETH, SOL, and other digital assets, as collateral for loans in stablecoins, allowing them to benefit from potential appreciation while accessing funds without triggering taxable events.

X-Accounts provide an opportunity for users to earn industry-leading yields of up to 15% APY on their stablecoin balances, enhancing the overall value proposition of holding VEUR and VCHF within the Wirex ecosystem.

Upcoming Advanced Opportunities

VEUR and VCHF have the potential to become preferred options in Wirex’s advanced trading products, such as Wirex DUO and Wirex Multiply. Notably, Euro-backed stablecoins have already demonstrated significantly higher usage among Wirex users than larger USD alternatives, highlighting strong demand for Euro-denominated trading options.

As Wirex explores adding VEUR and VCHF to these products, it aims to further strengthen its position as a leader in digital finance by offering innovative solutions that bridge the gap between traditional finance and digital assets.

Disclaimer: The term “stablecoin” is used herein in relation to VEUR and VCHF for marketing purposes. The reader however shall understand that VEUR and VCHF are fiat-referenced tokens which are described in more detail in the VNX Gold based Fiat Referenced Tokens (FRT) Terms and Conditions which are available for review at www.vnx.li 

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About VEUR and VCHF

Both VEUR and VCHF are multichain tokens referencing the Euro and Swiss Franc, developed by VNX, generated by a licensed token generator under the Blockchain Act in Liechtenstein. VEUR and VCHF are supported by the reserves ensuring 1:1 parity and represent a reliable digital asset in the crypto world. These tokens combine the stability of fiat currencies with the convenience of crypto, enabling quick, low-cost, and 24/7 accessible cross-border payments while opening new opportunities in DeFi.

About Wirex

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

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