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Ride-Hailing service provider Yango partners with Sparklo to offer ride discounts, supporting UAE’s ESG goals through recycling



yango and sparklo

Yango, the international ride-hailing service, has partnered with Sparklo, a global cleantech company revolutionising the recycling industry. As part of this collaboration, Sparklo users in Dubai can redeem points for 10% and 20% discounts on their Yango rides. Points are collected by recycling plastic bottles and aluminium cans up to two litres through Sparklo’s innovative reverse vending machines (RVMs), known as Sparklomats. This activity will become the first stage in big collaboration which underscores Yango’s commitment to reducing its environmental impact and supporting eco-friendly initiatives.

This partnership is in line with the UAE’s environmental initiatives, such as the ban on single-use plastic bags in effect this month and Dubai Municipality’s goal to collect and recycle 3 million pieces of plastic packaging in the emirate. Yango’s commitment to contributing to the nation’s ESG objectives is demonstrated by using AI & data-powered mapping, routing, and navigation systems. These systems optimise route planning by analysing vast amounts of historical traffic data and real-time updates, to determine the most efficient routes, reducing travel time and fuel consumption while minimising carbon emissions.

Islam Abdul Karim, General Manager, Yango GCC said: “We are thrilled to partner with Sparklo, a company that furthers our vision for a sustainable future. This collaboration allows us to offer our users not only a premium ride experience at a discounted rate but also an opportunity to contribute to environmental conservation in a more accessible and rewarding way. Sustainability is a core mission at Yango, and we are committed to integrating eco-friendly practices into our operations to reduce our carbon footprint with the right partners to support the UAE’s environmental conservation goals. ”

Sparklo has been at the forefront of promoting sustainable practices worldwide through its cutting-edge software and hardware solutions that utilise AI and machine learning to optimise recycling processes. With over 250,000 users globally and key local partnerships like Dubai Municipality, Carrefour, Accor, and ADNOC, Sparklo has collected almost 30 million plastic bottles and aluminium cans worldwide. In the UAE alone, Sparklo has amassed over 150,000 users, making it the most popular sustainability app in the region. Each day, Sparklo collects more than 180,000 bottles and cans for recycling, which is equivalent to collecting 2.5 bottles per second and almost 2% of all consumption in the country

Maxim Kaplevich, Founder and CEO of Sparklo, commented, “Our approach at Sparklo is to motivate people to recycle by offering engaging rewards. For this approach to work, we must give users the ability to redeem points for discounts on products they use in their daily routine. Our collaboration with Yango is exactly what our users need – it allows them to seamlessly integrate sustainable practices into their everyday lives by redeeming points for taxi discounts. We are committed to providing our users with practical redemption options that support their daily activities and encourage a more sustainable lifestyle.”

Users can start recycling today and enjoy the benefits of discounted rides in Dubai, contributing to a greener and more sustainable future. Sparklomats are conveniently located across Dubai and Abu Dhabi in supermarkets, malls, cinemas, petrol stations, and other public places. Users can easily locate the nearest Sparklomat using the Sparklo App, which features an interactive map.

This long-term partnership aims to bring even more convenience and value to the communities in the UAE, with plans to expand the initiative to Abu Dhabi in the coming months.

About Yango

Yango is a tech company that transforms global technologies into everyday services tailored for local communities. With an unwavering commitment to innovation, we reshape and enhance leading cutting-edge technologies from around the world into seamlessly integrated daily services for diverse regions.

Our mission is to bridge the gap between leading world innovations and local communities, fostering connections and enhancing everyday living experiences. In addition to the ride-hailing service, Yango Maps, Yango Delivery, Yango Play, Yango Tech, Yango Robotics and Yasmina, an advanced Arabic human-like AI voice assistant, are also available in the UAE.

About Sparklo

Sparklo is a global cleantech company dedicated to revolutionising the recycling industry and encouraging sustainable practices worldwide. Through its innovative reverse vending machines (RVMs) known as Sparklomats, the company motivates users to recycle plastic bottles and aluminium cans by offering engaging rewards. Sparklo’s cutting-edge software and hardware solutions utilise AI and machine learning to optimise recycling processes, making it fun and easy for individuals to contribute to a sustainable lifestyle.

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StockGro Teams Up with Dubai Financial Market, Eyes UAE Debut with Enhanced Market Data Access




To boost financial literacy in the UAE, StockGro, India’s largest stock market experiential learning platform, has partnered with Dubai Financial Market (DFM) to integrate a live data feed. This collaboration aims to enhance retail investor participation by fostering stock market literacy across the region.

StockGro’s community-based learning platform features over 100 licensed financial experts educating millennials about the financial markets. With DFM’s live data feed implemented on StockGro’s risk-free education platform, the partnership aims to propagate financial awareness in the UAE region.

Ajay Lakhotia, Founder and CEO of StockGro, commented on the expansion, saying, “Launching in UAE marks a significant milestone in our journey to make financial education accessible globally. With DFM’s support, we are excited to empower lakhs of UAE-based investors to become financially free.”

StockGro is India’s premier experiential social learning platform for trading and investments. With over 35 million users nationwide, StockGro is the trusted destination for individuals seeking to learn and master the art of trading and investments. StockGro has successfully empowered financial enthusiasts across 1000+ prestigious educational institutions, offering a unique and immersive learning experience.

Dubai Financial Market (DFM) is the UAE’s premier stock exchange, facilitating financial growth for investors and market participants by offering innovative products in an efficient, transparent and liquid environment. Dubai Financial Market (DFM) was established as a public institution with independent corporate bodies. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market.

The DFM commenced operations on March 26, 2000, and became the 1st Islamic Shari’a-compliant exchange globally since 2007. Following its IPO in November 2006, when DFM offered 1.6 billion shares, representing 20% of its paid-up capital of AED 8 billion, DFM became a public joint stock company, and its shares were listed on 7 March 2007 with the trading symbol (DFM). Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company through Borse Dubai Limited.

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Aviat Networks Acquires 4RF, a Leading Provider of Industrial Wireless Access Solutions for Critical Infrastructure



AUSTIN, Texas, July 2, 2024 — Aviat Networks, Inc. (“Aviat”) (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today announced the acquisition of 4RF Limited (“4RF”), a leading provider of industrial wireless access solutions, including narrowband point-to-point/multi-point radios and Private LTE and 5G routers.

Designed specifically for critical infrastructure networks including utilities, oil and gas, mining, public safety and military, 4RF’s family of narrowband radios and LTE and 5G routers offer industry leading reliability and performance. Common applications include Private LTE/5G, smart grid, distribution automation, metering and renewables, as well as general supervisory control and data acquisition (SCADA) and telemetry applications.

Spending on critical infrastructure networks is increasing worldwide driven by growing demand for security, automation, and fixed and mobile data communications such as video. Additionally, the increasing availability of spectrum for private networks in various countries around the world is a catalyst for growth.

This acquisition opens new segments for Aviat: a $200M 1 narrowband connectivity segment and the Cellular (LTE/5G) Router market which is $1.4B 2 market today growing to $2.5B by 2027.

With a proven and established presence in over 300 critical infrastructure customers in 160 countries worldwide, 4RF’s portfolio augments Aviat’s established offering of wireless access and transport solutions for private networks. Approximately 90% of 4RF and Aviat Networks utility customers are distinct, creating the possibility for future cross-selling opportunities.

“Operators of mission critical networks around the world rely on Aviat Networks for ultra-reliable and high-performance wireless solutions,” said Pete Smith, President and CEO of Aviat Networks. “Our acquisition of 4RF will further strengthen and expand our product offering for the global industrial wireless access markets including Private LTE/5G.”

Aviat expects the transaction to be immediately accretive to Aviat’s gross margin and to be accretive to adjusted EBITDA and non-GAAP EPS in the first year. Terms of the acquisition were not disclosed.

About Aviat Networks
Aviat Networks, Inc. is the leading expert in wireless transport and access solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high performance products, simplified operations, and the best overall customer experience.

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Thiozen, the first company ever to produce clean hydrogen from “sour gas” waste streams, announces total of $3.2M in funding



Producing hydrogen from ‘sour gas’ waste streams for Emissions Reduction Alberta,
Alberta Innovates

Thiozen, the first company ever to produce clean hydrogen from “sour gas” waste streams, today announced it has received a total of $3.2M in funding for a clean hydrogen project in Alberta, Canada. Administered by Emissions Reduction Alberta (ERA) and Alberta Innovates, the funding is part of an overall $57 million commitment by the Government of Alberta to support 28 projects that advance the hydrogen economy, reduce emissions, and create jobs in Alberta.

Projects cover the spectrum of hydrogen production, storage, transmission, distribution, and usage. The Thiozen project will produce zero-emission hydrogen, which will be used to decarbonize onsite operations as a way of addressing one of the energy industry’s leading challenges: finding economically viable ways to decarbonize remote industrial locations.

“The Government of Alberta recognizes that sour gas processing is a major cost associated with energy supply, and appreciates both the economic and environmental value of removing the hydrogen sulfide and producing a new energy stream in hydrogen,” said Ryan Gillis, co-founder and President at Thiozen. “We’re honored to be selected to participate in this project and to help Alberta leverage an entirely new method of producing hydrogen.”

Thiozen will use ERA funding to install its proprietary technology at a gas processing site in Alberta. The Thiozen platform will facilitate the “de-souring” – or removal – of hydrogen sulfide from the sour natural gas streams while simultaneously generating zero-emission hydrogen.

“Hydrogen has the potential to transform global energy markets and to create trillions of dollars of economic activity,” said Nate Glubish, Minister of Technology and Innovation with ERA. “Alberta’s government is committed to investing in new technologies to develop a hydrogen market and to ensure that Alberta is the Hydrogen capital of Canada. These investments will help to grow and diversify our economy and secure our future as a global energy powerhouse for generations to come.”

If successful, the eight projects funded through ERA’s Accelerating Hydrogen Challenge are expected to deliver annual greenhouse gas (GHG) reductions of 13 thousand tonnes, cumulative reductions of 81 thousand tonnes by 2030, and 493 thousand tonnes by 2050.

“Thiozen’s selection by the Government of Alberta reflects the urgency of finding efficient decarbonization strategies for some of Canada’s most important industries,” said Gillis. “This is truly a transformational moment for Canada’s hydrogen economy and for the energy industry as a whole.”

About Thiozen’s Breakthrough Hydrogen Production Technology
Thiozen’s patented chemical cycle produces hydrogen from hydrogen sulfide – the “sour gas” waste stream – thereby replacing traditional hydrogen production. This process will dramatically reduce global greenhouse gas emissions. In addition, the technology will improve air quality and respiratory health in communities near current hydrogen infrastructure while providing cost-sensitive firms a path to both procuring additional hydrogen and lowering the carbon intensity of their products.

About Thiozen
Thiozen is an MIT spinout and the first-ever company to commercialize a process that can produce hydrogen from sour gas waste streams. By developing a low-cost, low-emission method of producing hydrogen, Thiozen helps meet the energy industry’s growing demand for clean, affordable hydrogen. Thiozen recently validated its technology in an in-field pilot unit in the Permian Basin. The 3-year-old company has headquarters in Pasadena, CA.

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