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Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia announced the expansion of its flagship localization program to boost domestic supply chains and to increase local content. It is a notable milestone in the company’s In-kingdom total value Add (iktva) program, through Industrial Investment Program (IIP) the company includes the expansion for […]
IBM has teamed up with Infocomm Media Development Authority ( IMDA ) to hire and train 300 Singaporean professionals over the next four years; Applicants will receive training to improve digital skills . This program involves training for roles such as cloud architects, data scientists, Big data engineers, UX Designers, Full-Stack Digital Developers and Digital […]
Deutsche Bahn, The German Railway Company and Siemens Mobility have announced plans to test hydrogen – powered fuel cell trains. This technology is expected to reduce CO2 emissions and eliminate diesel units. It was mentioned by the companies in a joint statement that testing phase will commence in 2024. To develop hydrogen powered prototype vehicle, […]
Panasonic has signed a preliminary agreement with Nordic energy company Equinor and the industrial group Norsk Hydro to explore the possibilities for building a “sustainable and cost-effective European battery business” for electric vehicles in Northern Europe. Over the coming months these three companies will work to evaluate the market for lithium-ion batteries in Europe. Mototsugu […]
The capacity of the European Union’s offshore wind farm will be increased by 250% in the Baltic, the Atlantic, the North Sea, the black sea and the Mediterranean under a draft plan drawn up by the European commission. The European Union and the UK are trying to make progress on the target of carbon emission […]
Microsoft has announced a partnership with Adobe Inc and a Private startup C3.ai to provide customer relationship management (CRM) software solutions utilizing Artificial Intelligence (AI). Microsoft is taking on CRM market leader Salesforce.com via a partnership with Adobe and AI startup C3.ai. Tom Siebel, CRM pioneer founder of Siebel Systems, is the CEO of C3.ai. […]
Alpha Vector is looking forward to sell its bikes in overseas market with e-bicycle segment by 2025. Alpha Vector entered the e-bicycle segment in the last week in the country with its Meraki brand launch. In India, e-bicycle segment accounts only 2-3 percent of its total bicycle market. According to Alpha Vector, both domestic and […]
Sweden and Finland are working jointly to develop and design a new generation of Icebreakers. The motive of the project is to select the design of a new vessel that will meet the challenges of the shipping industry while also responding to environmental concerns. The design project, which is valued around $3.5 and $4.5 million, […]
Denmark has got the approval from European Energy (EE) to develop a large solar field with a capacity of 300MW. The municipality of Aabernraa, Southern Jutland region will get the largest solar field in Northern Europe. European energy has announced US$158 million to develop the solar field. The solar Field is to be installed in […]
The founder and CEO of MENA region’s first and largest open banking platform is confident about the revolution that the technology will create in the industry. A mobile banking application that has license can become financial advisor to customers in open banking. Open banking refers to sharing of financial information electronically and securely, with the […]
Oman Banks Association (OBA) has advised lending institutions in Sultanate to welcome few technological innovations in global banking and financial services landscape. The Association’s CEO, Ali Hassan Moosa, warns Oman banks for neglecting new developments that have the potential to revolutionise the global industry. The innovations include open banking, fintech, robotic process automation, Artificial intelligence, […]
TCS has partnered University of Tokyo (UTokyo) to conduct academic-industry research. It is said in a statement that this partnership will address real world business and societal challenges. “Society 5.0 is Japan’s concept for a better future, built around an inclusive, sustainable and knowledge intensive society, where information and services generate value underpinned by digital […]
