Latest news with #Parallel
What's On
2 days ago
- Entertainment
- What's On
6 of the most zen cafés in Abu Dhabi to cool off this summer
Sometimes the best kind of luxury is finding that perfect quiet moment over great coffee, without the rush. And if you're in Abu Dhabi, there's no shortage of chic cafés with beautiful interiors and peaceful settings – the kind of spots that have mastered the art of calm. You can catch up with a friend, enjoy something freshly baked, or just take a quiet break from the day. From plant-filled corners to design-led lounges that feel more gallery than café, these are some of the most zen cafés in Abu Dhabi to cool off this summer. La Petite Coffee Minimalist and raw with an organic touch, La Petite Coffee in Al Ain is effortlessly stylish. Designed by Bone Studio, the café features chalky-pink plaster counters, industrial benches, and soothing neutral tones throughout. Wildflowers add a fresh feel while the coffee menu hits all the right notes, from iced brews to Spanish lattes. Location: Al Maqta'a Bridge – Sas Al Nakhl – Abu Dhabi Times: Sun-Thur (7am-12am) Fri-Sat (7am-1am) Contact: (0)56 494 3443 | @ Parallel Tucked away in a quiet neighbourhood, Parallel is a hidden gem worth discovering. Expect perfectly brewed Spanish cortados, toffee nut lattes, and flat whites made with Brazilian beans. A standout? The much-loved ice-cream bun which is a warm, fresh-out-the-oven bun stuffed with melting ice cream. On the food side, the café leans into indulgent brunch favourites, from Kinder brownies and French toast to açai cheesecake and earthy beetroot bowls. It's a cosy, creative spot that's consistently praised for its peaceful vibe and friendly team. Location: 568 Al Khaleej Al Arabi St – Al Bateen – W18 03 – Abu Dhabi Times: Daily 7am -11pm Contact: (0)50 132 9224 | @parallelcafe Joud Set on a corner at Al Seef Village, Joud stands out with its inviting exterior and spacious interior. There's plenty of seating, including a beautiful glass conservatory that floods the space with natural light. Alongside a solid coffee menu, they serve a range of tasty food options, making it a perfect spot for a laid-back catch-up or solo work session. Location: Al Raha Gardens Plaza – Khalifa City Times: Daily 8am to 11pm Contact: (0)54 990 7199 | @joudcoffee No. FiftySeven Boutique Café Born from Emirati foodie friends Buthaina Al Mazrui and Alamira Noor Bani Hashim's secret supper-club beginnings, No. FiftySeven has since transformed into a popular café and catering hub. The space is softly feminine with blush-pink tones, nude accents and rounded seating which makes it the ideal backdrop for a brunch escape. The standout dishes? A sumptuous hash-brown eggs Benedict or warm vanilla French toast with crème anglaise. Pair it with a Spanish latte or espresso for a perfectly laid-back morning. Location: Building Two, Al Marasy, Al Bateen Harbour – Abu Dhabi Times: Daily, 9am to 12am Contact: (0)2 441 6100 | @no57cafe Society Originally from Dubai, Society has quickly become a must-visit in Abu Dhabi since it opened in 2022 on Mamsha Al Saadiyat. Founded by Emirati entrepreneur Sheikha Al Mheiri, the café feels like a bright, airy retreat straight out of LA's Abbot Kinney, with floor-to-ceiling windows, cane-webbing accents, mid-century wooden chairs, and clusters of ceramic vases. The breakfast menu splits between sweet and savoury: indulgent pancakes, caramelised French toast, banana bread, and açai bowls on one side, and khachapuri, eggs benedict, and Turkish eggs with garlic labneh and Aleppo chilli butter on the other. Take a window seat, sip a butterscotch latte, and maybe sneak in the sticky croissant pudding. Location: Soul Beach, Mamsha Al Saadiyat – Al Saadiyat Island – Abu Dhabi Times: Daily 8 am to 10 pm Contact: (0)2 886 7735 | @societyuae Drop Coffee Drop Coffee's Yas Bay Waterfront location brings its award-winning brews to Yas Island – this is the brand's first Abu Dhabi outpost and their inaugural food menu, created with UAE chef Reif Othman. The cafés' imported, daily-roasted beans are brewed expertly using nine distinct methods, delivering a cup that speaks to coffee lovers. The food menu spans hearty all-day options, from shakshuka and avocado toast to burgers, pasta and salads, alongside lighter picks like acai bowls and chia pudding. The interior is minimalist and serene, featuring clean wooden textures, plants and spa-like tones, and there's a bright outdoor terrace right by the water. Location: Yas Bay Waterfront, Yas Island Times: Daily 8 am–11 pm; Fri–Sat until midnight Contact: (0)2 550 4683 | @wearedropcoffee
Zawya
22-04-2025
- Business
- Zawya
Service Equipment's Saudi IPO 147% oversubscribed
Service Equipment Company's initial public offering (IPO) has been oversubscribed by 147.02% ahead of its listing on the Saudi Stock Exchange (Tadawul) Parallel Market Nomu. The company floated 720,000 ordinary shares, representing a 30% stake, with the final offer price set at SAR84 ($22.4) per share, at the top of the previously announced range of SAR 80 to SAR 84. The book-building period ran from April 13 to April 17, 2025. Service Equipment obtained the approval to launch the share offering last December. The company's financial advisor, Yaqeen Capital, will determine the date for listing of Service Equipment's shares on Nomu after completing the required procedures. The Jeddah-headquartered firm specialises in providing garage equipment for automotive businesses. (Writing by Cleofe Maceda; editing by Seban Scaria)
Yahoo
16-04-2025
- Automotive
- Yahoo
Autonomous rail intermodal cars to begin testing this month
Parallel Systems, which is developing battery-electric railcars that operate autonomously, will launch testing this month on two Georgia railroads, Parallel said on Monday. The Los Angeles-based company also announced it had raised an additional $38 million in funding, bringing its total to date to about $100 million. 'Federal Railroad Administration approval and closing our Series B funding round are two critical milestones for Parallel Systems,' Matt Soule, Parallel founder and chief executive, said in a release. 'Together with our strategic partnerships within the rail industry, Parallel Systems is now poised to fully commercialize our battery-electric rail system, starting with the FRA-approved project in Georgia.' In January, the Federal Railroad Administration approved a request from Parallel, Georgia Central and Heart of Georgia Railroad to test its self-propelled intermodal flatcars, but the company had not previously identified when testing would begin. The seven-phase testing program on the two Genesee & Wyoming short lines will begin with testing on 2 miles of track on the Heart of Georgia that will be disconnected from the rest of the railroad. It will gradually progress to platoon operation of the cars with loaded containers over a 160-mile segment of the two railroads. The company said the latest funding will be used to 'propel commercialization' of its project with railroad partners in the U.S. and Australia, where it has also demonstrated its product. Parallel said it already had a backlog of more than 300 of its autonomous railcars with leading railroads and expects to launch commercial operations in 2026. The company said it is scaling production of its Generation 3 equipment and related autonomy software train control systems, and has tested its technology's compatibility with positive train control in collaboration with Union Pacific. Competitor Intramotev of St. Louis has deployed autonomous railcars in commercial operations at a calcium mine in Missouri and told FreightWaves it is close to signing a deal for autonomous intermodal cars with a customer outside the United States. Subscribe to FreightWaves' Rail e-newsletter and get the latest insights on rail freight right in your inbox. Find more articles by Stuart Chirls considering making port fees more affordable for Chinese ships: Report Legislation would coordinate law enforcement response to rail cargo theft Could short lines come to the rescue of Class I railroads? US rail traffic sees second double-digit increase of 2025 The post Autonomous rail intermodal cars to begin testing this month appeared first on FreightWaves. Sign in to access your portfolio
Associated Press
11-04-2025
- Business
- Associated Press
Bitget Lists Wayfinder Adding it to Spot Trading
Bitget, the leading cryptocurrency exchange, and Web3 company, has announced the listing of Wayfinder (PROMPT). Wayfinder is an AI and blockchain project aimed at building autonomous on-chain agents that can interact with dApps on behalf of users. Spot trading begins on 10 April 2025, 13:00 (UTC), with withdrawals available on 11 April 2025, 14:00 (UTC). Wayfinder was born from a vision to bring smart, always-on agents to the world of Web3. The concept was sparked by a 2023 Stanford study in which AI characters simulated human-like behavior in a role-playing game town. Demonstrating the potential for persistent, autonomous agents in digital environments. Developed by the creators of Parallel, Wayfinder is a chain-agnostic platform that allows users to deploy AI agents capable of executing complex tasks such as facilitating cross-chain transactions, algorithmic trading operations, and running smart contracts, among others. Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Wayfinder to Bitget's portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further solidifying its role as a gateway to diverse Web3 projects and cultural movements. For more details on Wayfinder, users can visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA, and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to the Terms of Use.
