Technology Company Beyon, on Wednesday, announced a partnership with Silicon Valley-based data analytics and cloud company, LigaData to develop a pioneering Data Lakehouse, serving as a centralised repository for Beyon Group’s data. This initiative aims to future-proof Beyon’s data infrastructure by leveraging advanced cloud technologies. The agreement, signed by Beyon CTO Saurabh Gupta and LigaData […]
Bahrain-based auction platform, Mazad, on Tuesday, announced a strategic partnership with the Arab Shipbuilding and Repair Yard Company (ASRY) to bolster the maritime industry through innovative auctioning solutions and enhanced operational efficiencies. This partnership aims to streamline ASRY’s procurement process by using Mazad’s platform to repurpose and utilise materials efficiently, providing a trusted and transparent […]
Electric services company General Electrics Vernova announced the successful rollout of its first H-class gas turbine unit at the GE Saudi Advanced Turbines (GESAT) facility in Dammam on Friday. This turbine will power the Jafurah Cogeneration Independent Steam and Power Plant (ISPP), which is anticipated to be the most efficient power plant in Saudi Arabia. […]
Advanced Energy Management Company (AEMACO), on Friday, successfully deployed its innovative energy management system at Servhub’s labour camp in the UAE, resulting in a 20% reduction in energy consumption. AEMACO, established in 2020, initially focused on air conditioning systems and developed a unique hardware and software solution for monitoring and controlling A/Cs, marking a first […]
The Computer maker Lenovo, on Thursday, has launched new comprehensive enterprise AI solutions aimed at helping companies develop and deploy AI efficiently. The suite includes turnkey services, business-ready vertical solutions, and energy-efficient innovations, all designed to enhance the practical application of AI. The expansion features new services powered by NVIDIA through the Lenovo AI Centre […]
On Wednesday, the prominent hospitality company OYO launched its first luxury hotel in Dubai under the brand ‘Palette,’ aiming to attract the growing number of Indian tourists visiting the city. The move follows a significant rise in Indian visitors to Dubai, which reached 11.9 million in 2023. OYO, which boasts over 700 properties in the […]
One of the largest Digital payments providers in the Middle East and Africa Network International has entered into a strategic partnership with UAE-based financial services provider Reem Finance. This alliance aims to leverage the Network’s expertise to deliver comprehensive payment processing solutions, supporting the digital transition in the financial sector. The partnership aligns with Reem […]
Industrial Credit and Investment Corporation of India (ICICI) Bank announced the launch of ‘SmartLock’ on Monday, a pioneering safety feature allowing customers to lock and unlock multiple banking services instantly through iMobile Pay, without needing assistance from customer care. This innovative feature enables customers to secure Internet banking, UPI services, and credit and debit cards […]
Green Energy Technology Company LONGi, on Friday announced a new world record efficiency of 30.1% for its commercial M6 size wafer-level silicon-perovskite tandem solar cell on June 19, 2024, at the Intersolar Europe event in Munich, Germany. The efficiency was independently certified by the Fraunhofer Institute for Solar Energy (Fraunhofer ISE). This achievement comes shortly […]
The real estate software company, Inside Real Estate, announced on Thursday, the launch of BoldTrail, a unified portfolio of their extensive capabilities. This new cohesive system aims to better serve real estate professionals by providing a seamless end-to-end ecosystem that integrates all of Inside Real Estate’s tools, insights, innovations, and add-ons. BoldTrail consolidates Inside Real […]
On Wednesday, the global Edge to cloud company Hewlett Packard Enterprise (HPE) and the computer hardware manufacturer NVIDIA announced NVIDIA AI Computing by HPE, a new portfolio of AI solutions co-developed to help enterprises accelerate the adoption of generative AI. The centrepiece of this portfolio is HPE Private Cloud AI, a ground-breaking solution offering deep […]
According to Reuters on Tuesday, Kazakhtelecom, Kazakhstan’s leading telecommunications company announced the sale of its mobile communications subsidiary Mobile Telecom Services (MTS) to Qatar’s Power International Holding(PIH) for $1.1 billion. Kazakhstan’s digital development minister, Zhaslan Madiyev, confirmed that the new investor would also commit to expanding the MT-S network. This deal marks a significant investment […]
Dubai, United Arab Emirates, 19th June 2024 – BenQ, a pioneer in visual display technology, is proud to introduce its latest breakthrough in home cinema – the W5800 4K laser projector – in the UAE. This projector, with its 8.3 million pixels of True 4K UHD picture quality, is a testament to our commitment to […]
Financial Technology service provider, ECS fin, announced it has achieved Fedwire ISO 20022 certification after completing Fedwire’s DIT2 Certification Testing. This milestone underscores the capabilities of ECS Fin’s IMS for seamless end-to-end transaction processing, fully adhering to Fedwire ISO 20022 rules and standards. As a certified FedLine Direct Solution Service Provider, ECS Fin enables banks […]
The National Bank of Dubai (NBD), on Friday, in the Middle East, North Africa, and Türkiye (MENAT) region, received a LEED certification for twelve of its branches from the United States Green Building Council (USGBC), with seven branches in the UAE and five in Saudi Arabia being recognized for their sustainability efforts. The branches in […]
