A NEW BEAUTY Chinese telecomms giant, Huawei, has unveiled the HUAWEI Y9s, a smartphone that boasts both a modern aesthetic design and outstanding specifications making it the flagship phone in the entry-level market sector. Equipped with an ultra-wide angle 48MP AI Triple Camera to deliver outstanding photography, the new model also features a 6.59-inch HD FullView display and perfectly integrated front-facing pop-up camera for a boundaryfree viewing experience. With looks to match the outstanding specifications, the design is inspired by the concept of ‘time aesthetics’. Available in two styles; ‘Breathing Crystal’ and ‘Midnight Black’ the HUAWEI Y9s combines nature’s beauty with modern craftsmanship in a stylish design that sets a new standard for entry-level smartphone aesthetics. Huawei’s products and services are available in more than 170 countries and are used by a third of the world’s population. LEADING BAHRAIN’S FINTECH Bahrain FinTech Bay (BFB) has announced the appointment of Khalid Humaidan as the new chairman of the board, succeeding HE Khalid Al Rumaihi. Humaidan, who is also the Chief Executive of the Bahrain Economic Development Board, brings a wealth of experience in the financial services industry, having previously served as Head of Global Markets MEA for BNP Paribas. His experience and leadership will be instrumental in helping grow BFB’s ecosystem and strengthening Bahrain’s position as the region’s leading fintech hub. He said: “I am pleased to join Bahrain FinTech Bay, which is a key pillar of our fintech ecosystem. As Bahrain embarks on an ambitious digital transformation journey, organisations like Bahrain FinTech Bay are instrumental and play a central role to the development of non-traditional sectors.” A GOOD INVESTMENT Bahrain-based alternative asset manager Investcorp has announced that it has closed a USD45 million investment in Nephrocare Health Services Private Limited. Founded in 2010 by Vikram Vuppala and Kamal D Shah, NephroPlus is a dialysis service provider in India and has the largest network of dialysis centres in the country. It hosts 140,000 dialysis sessions per month in 196 centres across more than 115 cities in India. The primary capital raised in this round will be used towards organic growth in India and taking NephroPlus to other markets, starting with Southeast Asia. Investcorp said NephroPlus aspires to build a regional network of dialysis centres spanning India and selected countries in Asia and the Gulf region. TECH FORWARD Kanoo IT has been recognised by the prestigious Bahrain TechAwards for its ‘K-Property Management’ software. The awards aim to honour companies that deliver competitive advantage and business success through innovative implementation of information technology inside and outside the Kingdom. The software is a comprehensive real-estate management tool for modern businesses. From booking services and paying installments to handling rentals and payment gateways, KPM delivers stressfree property management functionality, with Kanoo IT’s dedicated aftersales support. business bites December 2019 71 www.bahrainthismonth.com
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