Tech

Payment card tech spend to reach $13.6 billion globally by 2029

Arnold Pinto 14/08/2024 0

Propped by banks targeting premium users According to a new study, issuer spending on card technology is projected to surge from $9.8 billion globally in 2024 to an impressive $13.6 billion by 2029. This 39% increase underscores a strategic shift among banks and card issuers. Their aim is

Business

Poland buys 96 AH-64E Apache combat helicopters

Arnold Pinto 14/08/2024 0

Deal is worth approximately $12 billion Poland has finalised an agreement with Boeing for the purchase of 96 new AH-64E Apache combat helicopters as the NATO country seeks to beef up its armed forces with advanced military assets following Russia’s unprovoked full invasion of Ukraine. The deal, worth about $12 billion and endorsed by the […]

Sustainability

Baku hosts inaugural Climate Action Week ahead of COP29

Arnold Pinto 13/08/2024 0

Partnering with London Climate Action Week With anticipation mounting for COP29 (November 11 to 22, 2024) in Baku, Azerbaijan, the host city is set to organise the inaugural Climate Action Week from September 30 to October 4. The week aims to galvanise support and foster climate-issue dialogue ahead of the United Nations Climate Change Conference. […]

Appointments Logistics

Magma Aviation appoints Peter Kerins as new CEO

Arnold Pinto 13/08/2024 0

2 new freighters added to air cargo fleet Magma Aviation, a leading air cargo solutions provider, has appointed Peter Kerins as its new CEO. With over 30 years of experience in aviation and logistics, Kerins will spearhead the London, UK-backed company’s global expansion and operational strategy. Kerins’ career began in freight forwarding sales in 1991 […]

Events

Global news media collaborate for World News Day 2024

Arnold Pinto 13/08/2024 0

Under the theme of ‘Choose Truth’ More than 500 premier news organisations worldwide—including Middle East News 247—are participating in World News Day 2024, a global campaign to amplify the power and impact of fact-based journalism. Commemorated on September 28, 2024, under the theme of ‘Choose Truth’, the forthcoming event is set to become a cornerstone […]

Defence & Security

Second US Carrier Strike Group deploys to Middle East

Arnold Pinto 13/08/2024 0

Amidst rising tensions in the region US Secretary of Defence Lloyd J. Austin has ordered the deployment of the Nimitz-class nuclear-powered aircraft carrier USS Abraham Lincoln Carrier Strike Group (CSG), equipped with advanced Lockheed Martin F-35C fighter jets, to the volatile Middle East region. This follows unprecedented rising tensions in the region, principally

Transport

Dubai sees surge in public transport use in H1 2024

Arnold Pinto 12/08/2024 0

Metro, taxis, and public buses prove popular Approximately 361 million riders utilised various modes of public transport in Dubai, the United Arab Emirates (UAE), in the first half of 2024, representing a 6% increase from the 340.5 million riders in the first half of 2023. Dubai’s public transit modes include the metro, tram, public buses, […]

Space

iSpace and Komatsu to develop lunar construction equipment

Arnold Pinto 12/08/2024 0

Under Japan’s Stardust programme iSpace, a leading player in lunar exploration, and Komatsu, a prominent global construction and mining equipment manufacturer, have announced a groundbreaking consulting agreement to design specialised equipment for use on the Moon’s surface. The consulting agreement between the two Japanese companies signifies a pivotal step toward

GCC Video

Archer Aviation Midnight eVTOL aircraft

Arnold Pinto 11/08/2024 0

Cybersecurity Gitex

UN member states finalise landmark cybercrime treaty

Arnold Pinto 11/08/2024 0

As digital threats proliferate worldwide The UN Office on Drugs and Crime (UNODC) has announced that the United Nations (UN) member states have finalised a groundbreaking treaty targeting cybercrime. The draft treaty approved by nearly 200 UN member states aims to bolster international cooperation and enhance law enforcement capabilities in addressing a wide range of […]

Health

WHO study highlights lifesaving impact of Covid-19 vaccines

Arnold Pinto 11/08/2024 0

40+ Olympic athletes test positive With Europe experiencing a new wave of Covid-19 cases this summer, a new study by WHO/Europe has underscored the crucial role of vaccines in combating the pandemic. Published in The Lancet Respiratory Medicine, the study reveals that Covid-19 vaccines have significantly reduced deaths across the European region, saving over 1.6 […]

Aviation

Emirates deploys a refurbished Boeing 777

Arnold Pinto 11/08/2024 0

Dubai carrier is updating its passenger aircraft fleet Emirates has rolled out its newly refurbished Boeing 777 passenger aircraft. The aircraft, which has undergone a complete cabin overhaul, made its inaugural flight as a refurbished aircraft from Dubai to Geneva on August 7, 2024. Emirates’ in-house engineering team executed the extensive 37-day refurbishment of

GCC Video

Emirates refurbished Boeing 777

Arnold Pinto 10/08/2024 0

Entertainment

Did you know binge-watching Netflix hurts the environment?

Arnold Pinto 10/08/2024 0

Researcher issues stark warning The innocuous habit of binge-watching Netflix and scrolling endlessly through social media is not as harmless as it seems. As highlighted by Dr Kari Hiekkanen, a visiting researcher at Aalto University in Helsinki, Finland, the practice significantly contributes to an urgent environmental issue. Hiekkanen, who also trains at Aalto University

Events

Global MSP ecosystem meets at MSP Global 2024 in Barcelona this October

Arnold Pinto 10/08/2024 0

Acronis is a diamond sponsor Given the increasingly complex landscape of managed service providers (MSPs), the upcoming MSP Global event in PortAventur, Barcelona, Spain, is set to be a pivotal gathering for MSP and IT professionals aiming to enhance their offerings, differentiate their services, and boost profitability. From October 9-10, 2024, MSP Global, in association

Space

Damac Capital reports strong ROI from SpaceX investment

Arnold Pinto 09/08/2024 0

Dubai entity invests in high-growth sectors Damac Capital, the investment arm of Dubai-based Damac Group, has reported a strong return on investment (ROI) from its strategic stake in trendsetting space tech and exploration company SpaceX. The Dubai entity is positioning its investment portfolio in high-growth sectors with substantial ROI potential and has been expanding

Bahrain Defence & Security

New US commander takes helm of Task Force 59 in Bahrain

Arnold Pinto 08/08/2024 0

US 5th Fleet region in focus The US Naval Forces Central Command’s Task Force (TF) 59 inducted a new leader on July 30, 2024, as Captain John Barrientos took over command from Captain Colin Corridan in a formal change of command ceremony in Manama, Bahrain. Captain Barrientos succeeds Captain Corridan, who has led TF 59 […]

Business Cybersecurity Gitex

Sweden’s EQT takes majority stake in Switzerland’s Acronis

Arnold Pinto 07/08/2024 0

Key boost for cybersecurity and data protection industry EQT, the Swedish global investment organisation, intends to acquire a majority stake in Acronis, the global provider of integrated IT solutions for Managed Service Providers (MSPs) and corporate enterprises. The move values Acronis above its most recent growth funding round, worth $3.5 billion in 2022. The

Saudi Arabia Space

CST and Boeing train Saudi aerospace engineering students

Arnold Pinto 07/08/2024 0

Includes stints at aerospace giant’s US facilities Saudi Arabia’s Communications, Space, and Technology Commission (CST) has unveiled a month-long training programme for aerospace engineering students in partnership with Boeing. The initiative underscores the commitment to nurturing national talent and advancing the field of space sciences in Saudi Arabia. Boeing is

Space

SEOPS and Intuitive Machines team up for lunar payload delivery

Arnold Pinto 07/08/2024 0

Operations to commence after 2025 SEOPS, a prominent provider of responsive space mission services, has entered a strategic partnership with Intuitive Machines. The new collaboration between the two US-based companies will see Intuitive Machines providing rideshare delivery services for SEOPS, extending its reach beyond low Earth orbit (LEO) to include a variety of