For €4.1 billion Stellantis and Contemporary Amperex Technology Co. Ltd. (CATL) have announced a landmark agreement to invest up to €4.1 billion in a joint venture to build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The cutting-edge facility, set to commence production by the end of 2026, will cater to the […]
Via optionally piloted Black Hawk The US Marine Corps has selected Sikorsky, a Lockheed Martin company, to demonstrate the capabilities of its Matrix flight autonomy system. The operational demonstrations planned for 2025 will use Sikorsky’s Optionally Piloted UH-60 Black Hawk helicopter to showcase how autonomous flight can support the Marine Corps’ Aerial Logistics
Via several focused initiatives Headquartered in Montvale, New Jersey, United States, the Institute of Management Accountants (IMA) is a prominent global nonprofit organisation dedicated to advancing the skills of accounting and finance professionals worldwide. With 130,000+ members across 150 countries and 350 chapters, IMA provides resources such as certification
In military situations The US Department of Defence has announced that US Secretary of Defence Lloyd J. Austin has signed a new, classified strategy to counter growing threats posed by unmanned systems, commonly called drones. The new strategy reinforces ongoing efforts to address this emerging threat, particularly in safeguarding US military personnel, facilities, and
Per the latest GMAC report A new Graduate Management Admission Council (GMAC) report reveals that 78% of business schools have incorporated Artificial Intelligence (AI) into their curricula or learning experiences. The study highlights the growing importance of AI in education as business schools worldwide seek to prepare students for a rapidly changing business
Boosting nation’s EO programme Space42, a UAE-based spacetech company, and ICEYE, a Finland-headquartered global leader in Synthetic Aperture Radar (SAR) satellite operations, have signed a joint venture agreement to manufacture SAR satellites in the UAE. The venture builds upon the two entities’ collaboration, which included the launch of the UAE’s first SAR
Meeting European regulatory standards Thales and Avinor have partnered strategically to implement Norway’s next-generation aerial Unmanned Traffic Management (UTM) system. The system, designed to enhance airspace management while ensuring full compliance with European regulatory standards, marks a significant leap forward in the management of both human-crewed and
B-52s, F-15s, A-10s deployed The US military has conducted dozens of precision airstrikes targeting ISIS camps and operatives in central Syria even as Syrian rebels conducted operations to end Bashar Al-Assad’s 50-year family rule after years of civil war. The US airstrikes against the ISIS leaders, operatives, and camps were conducted as part of the […]
Enhancing automaker’s Middle East position Peugeot has unveiled the latest version of its Landtrek pickup, further enhancing its presence in international markets, particularly in the Middle East, Africa and South America. The 2025 model introduces a powerful 200 HP 2.2-litre Multijet Diesel engine designed to improve efficiency, safety, and performance. The new Landtrek
From scouting to sustainability Udinese Calcio is a professional football club based in Udine, Italy. Established in 1896, the club plays in Serie A, the top tier of Italian football. Over the years, Udinese has built a solid reputation for producing talented players and consistently performing in Italy’s elite league. Middle East News 247 engaged […]
During recapitalisation programme The United States Air Force (USAF) faces the dual challenge of maintaining operational readiness for the bomber and land-based missile elements of America’s nuclear triad while simultaneously working to modernise and replace these platforms. This ambitious recapitalisation task, which the US government mandates, was highlighted by
A first in the MEA region Nokia and Du, a UAE-based telecom and digital services provider, have achieved a significant milestone by deploying the first commercial 5G Cloud Radio Access Network (Cloud-RAN) solution in the Middle East and Africa (MEA) region. The partnership marks a pivotal step in Du’s digital transformation agenda, showcasing its commitment […]
With growth plans for the Middle East McLaren Racing was an Impact Partner at the inaugural Sport Impact Summit in Dubai on December 4, 2024, highlighting its shared commitment to using sport as a platform for social and environmental good. McLaren Racing’s commitment to sustainability is not just about reducing its environmental impact. It also […]
Priced at AED1,199 in the UAE Yango Group, a leading global tech innovator, has launched its flagship smart speaker, Yasmina Max, in the UAE market. A marvel of design and functionality, the home audio device merges extraordinary sound quality with a highly sophisticated, human-like AI assistant—Yasmina. This powerful combination promises to redefine the user experience,
Growing from $15.2bn in 2024 A new study has found that spend on digital identity verification checks will grow by 74% from $15.2 billion in 2024. This substantial growth will be attributable to new solutions that aim to reduce the friction of these checks. Juniper Research’s study identified the rising usage of behavioural biometrics as […]
With a big Middle East role Reflo, the London, UK-headquartered retail apparel and fashion brand, specialises in turning single-use plastic destined for landfill into contemporary technical apparel. At the same time, recycled coffee beans power the brand’s odour control technology. In October 2024, Reflo entered into a partnership with the Nissan Formula E Team,
PSE-6s line cards used Nokia and Aramco have achieved a major milestone by successfully deploying the first-ever 2.4Tbps optical transmission in Aramco’s operational network in Saudi Arabia. Nokia’s sixth-generation Photonic Service Engine (PSE-6s), which delivers an impressive 2.4Tbps per card, made the breakthrough possible. The trial, conducted over Aramco’s existing
Handcrafted by Mercedes-Benz Mercedes-Benz has gifted Pope Francis with an all-electric ‘Popemobile, a unique vehicle handcrafted by the German automaker. Unveiled in the Vatican on December 4, 2024, the one-of-a-kind vehicle marks a significant milestone in automotive history and the Holy See’s longstanding association with Mercedes-Benz. The bespoke vehicle is based on
