Business

Italian Navy orders its 4th offshore patrol vessel

Arnold Pinto 07/08/2024 0

As part of fleet modernisation programme In a significant development for the Italian Navy’s Offshore Patrol Vessel (OPV) programme, Orizzonte Sistemi Navali (OSN), a joint venture between Fincantieri (51%) and Leonardo (49%), has received official notification from the Italian Navy to

GCC Video

Ferrari esports arena opens in Abu Dhabi

Arnold Pinto 06/08/2024 0

Defence & Security Saudi Arabia

US okays $2.8 billion military support sale to Saudi Arabia

Arnold Pinto 06/08/2024 0

Involving logistics and programme support The US State Department has approved a potential Foreign Military Sale (FMS) to Saudi Arabia involving system logistics, sustainment support, and related elements at an estimated cost of $2.8 billion. This determination, communicated to Congress by the US Defence Security Cooperation Agency, includes comprehensive logistics and

Logistics

Dronamics gets €10 million in funding from European Innovation Council

Arnold Pinto 06/08/2024 0

Company set for start of commercial operations Dronamics, the world’s first cargo drone airline, has secured a €10 million equity investment from the European Innovation Council (EIC). This funding round follows an earlier €2.5 million grant awarded to the company in November 2022 under the EIC Accelerator programme. The agreement was formalised at the EIC […]

GCC Video

Dronamics, – world’s first cargo drone airline

Arnold Pinto 05/08/2024 0

Watches

Swiss watch exports tick-tock to $31 billion in 2023

Arnold Pinto 05/08/2024 0

Representing a 7.6% increase from 2022 The Swiss watchmaking industry marked a historic milestone in 2023, with exports reaching unprecedented levels in both value and volume. Building on a robust performance from the previous year, the sector has continued its impressive growth trajectory, demonstrating resilience and adaptability amidst a fluctuating global market.

Sustainability

Phnom Penh International Airport earns ACI Level 3 accreditation

Arnold Pinto 05/08/2024 0

Airport also awarded ISO 14001 certification Phnom Penh International Airport has achieved significant milestones in its ecological goals, underscoring its commitment to sustainability and green practices. Operated by Cambodia Airports, the airport has earned the prestigious Level 3 accreditation from the Airports Council International (ACI) under its Airport Carbon

Aviation

Greece places order for 20 F-35 fighter aircraft

Arnold Pinto 05/08/2024 0

US endorses deal with Lockheed Martin Greece has joined the nations operating the F-35 Lightning II fighter aircraft after signing a Letter of Offer and Acceptance with the US government. The agreement, finalised on July 25, 2024, involves Greece procuring 20 Lockheed Martin F-35s for about $8.6 billion, with an option for an additional 20. […]

Tech

Chatbots lead AI search trends with 260 million searches

Arnold Pinto 04/08/2024 0

Creative AI and design tools follow next A new study has unveiled the most sought-after AI categories, with chatbots and conversational tools dominating the search landscape. Data from Google Trends was analysed to determine the most popular AI types based on search volume, revealing significant shifts in interest over recent months, according to the Linkee […]

Gitex Tech

GITEX Global 2024 unveils new features and highlights

Arnold Pinto 03/08/2024 0

From October 14-18 in Dubai GITEX Global 2024, the world’s largest tech and start-up event, will showcase various new programmes, high-profile speakers, and cutting-edge advancements. The 44th edition of the event, scheduled for October 14-18 at the Dubai World Trade Centre, promises to be a landmark edition. Dubai’s goal of becoming the home to 30 […]

Automotive

Maserati to unveil new super sports car

Arnold Pinto 03/08/2024 0

At Monterey Car Week 2024 in California Maserati is set to make a significant splash at this year’s Monterey Car Week with the world premiere of its latest super sports car. The unveiling will occur on August 16, 2024, at ‘The Quail, A Motorsports Gathering in California, one of the most prestigious and eagerly anticipated […]

Aviation

Boeing gets order for two MH-47G Block II Chinooks

Arnold Pinto 02/08/2024 0

Destined for US Army Special Operations The US Army Special Operations Aviation Command (USASOAC) has awarded Boeing a $115 million contract to produce two MH-47G Block II Chinook helicopters. This latest order increases the number of MH-47G Block II Chinooks under contract to 46. The new contract includes the production of two advanced helicopters and […]

Defence & Security

2 US B-52H bomber aircraft in Romania for NATO manoeuvres

Arnold Pinto 02/08/2024 0

First time iconic aircraft are in Black Sea region Two US Air Force B-52H Stratofortress bombers have arrived at Mihail Kogălniceanu Air Base in Romania. This marks the first time US strategic bomber aircraft have operated out of Romania.  The B-52Hs, assigned to the 2nd Bomb Wing, departed Barksdale Air Force Base in Louisiana. While flying […]

Gitex Tech

European AI Act comes into force from August 1, 2024

Arnold Pinto 01/08/2024 0

World’s first comprehensive regulatory framework for AI Today, August 1, 2024, marks a historic milestone as the European Artificial Intelligence Act (AI Act) officially comes into force, establishing the world’s first comprehensive regulatory framework for artificial intelligence. The landmark legislation by the European Commission ensures that AI technologies

Appointments

Boeing names Robert ‘Kelly’ Ortberg as new CEO

Arnold Pinto 01/08/2024 0

Succeeding Dave Calhoun, who retires Boeing has announced that Robert K. ‘Kelly’ Ortberg will be the company’s new President and CEO, effective August 8, 2024. Ortberg, a distinguished aerospace veteran with over 35 years of experience, will join Boeing’s Board of Directors. Ortberg’s appointment marks a significant shift for the aerospace giant. He

Business

Global data centre revenue set to surpass $500 billion by 2027

Arnold Pinto 31/07/2024 0

Driven by AI and other technologies The data centre industry is set to experience an extraordinary surge in revenue, with projections indicating that global revenue will exceed $500 billion by 2027. This forecast underscores the sector’s remarkable trajectory, driven by advancements in artificial intelligence (AI) and other technological developments. According to Edith

Travel

10 best family-friendly vacation destinations for 2024

Arnold Pinto 29/07/2024 0

From Poland to Spain As families gear up for their 2024 vacations, choosing a destination that balances safety, affordability, and ample activities can be daunting. Fortunately, a new analysis by Ubuy Poland provides a clear guide to the top family-friendly getaways for this year. From Warsaw’s charming streets to Seoul’s bustling avenues, here is a […]

Watches

Geneva Watch Days 2024 is set to strike new time this summer

Arnold Pinto 29/07/2024 0

A celebration of timepieces and tradition This summer, Geneva will become the epicentre of the fine watchmaking world as it prepares to host the fifth edition of the Geneva Watch Days horological gathering from August 29 to September 2, 2024. With a unique blend of casual elegance and high artisanry, the event promises to be […]

Space

Astrobotic lunar rover finishes slope tests at NASA facility

Arnold Pinto 29/07/2024 0

VOLT is a key element of LunaGrid platform Astrobotic Technology, the Pittsburgh, Pennsylvania-based lunar exploration company, has completed surface stability testing of its revolutionary lunar rover, the VSAT Optimised for Lunar Traverse (VOLT). The VOLT rover, equipped with an innovative vertical solar array, has undergone rigorous stability testing at NASA’s Glenn

Space

Major space mission launches to watch for in 2025 and beyond

Arnold Pinto 28/07/2024 0

Involving NASA, ESA and private players 2025 is poised to be a pivotal moment in humanity’s quest to explore beyond Earth’s confines, with an array of ambitious missions and groundbreaking projects set to unfold. Space agencies and private companies worldwide are preparing for high-profile launches that could redefine our understanding of the cosmos. These upcoming