Business

WCS and Congo sign High-Integrity Forest Investment initiative MoU

Arnold Pinto 05/12/2023 0

Agreement reached at ongoing COP28 in Dubai The Government of Congo, represented by the Ministry of Forest Economy, and the Wildlife Conservation Society (WCS) have signed a Memorandum of Understanding to launch a new programme to attract investment in the conservation of high-integrity

Travel Business

Middle East leads post-pandemic global tourism recovery

Arnold Pinto 04/12/2023 0

Global tourism to end 2023 close to 90% of pre-pandemic levels International tourism is set to recover almost 90% of pre-pandemic levels by the end of 2023, with the Middle East, Europe and Africa leading the recovery. According to the World Tourism Organization (UNWTO) World Tourism Barometer, the Middle East continues to lead the recovery […]

Tech Business

AWS unveils Amazon S3 Express One Zone for unique cloud storage performance

Arnold Pinto 02/12/2023 0

The launch takes place at AWS re:Invent in Las Vegas Amazon Web Services (AWS) has launched Amazon Simple Storage Service (Amazon S3) Express One Zone, an advanced, high-performance storage class designed to cater to customers’ needs with the most latency-sensitive applications. Boasting the title of the lowest latency cloud object storage available, Amazon S3

Business

OECD expects global GDP to grow by 2.9% in 2023, followed by a slight deceleration to 2.7% in 2024

Arnold Pinto 01/12/2023 0

Asia is projected to continue driving the bulk of global growth The latest Economic Outlook issued by the Paris-headquartered Organisation for Economic Co-operation and Development (OECD) expects the global business landscape to experience modest growth amid ongoing challenges, even as the impact of necessary monetary policy tightening, coupled with weak trade and reduced

Aviation Business

Etihad Airways targets sustainability and profitability with ‘Journey 2030’ roadmap

News Desk 1 28/11/2023 0

Abu Dhabi-based carrier aims to double its fleet size by 2030 Etihad Airways has laid out its growth plans at the Dubai Airshow 2023. In a keynote interview, Antonoaldo Neves, CEO of Etihad Airways, took to the airshow’s main stage to discuss ‘Journey 2030’ – the Abu Dhabi-based airline’s growth plan for the next seven […]

Business Tech

7 cardinal mistakes startups make with VCs: Insights from the front lines

News Desk 1 23/11/2023 0

By Talal Thabet, CEO and Co-founder, Haltia.AI In the high-stakes world of venture capitalism, a startup’s fate often hinges on its ability to captivate and convince those holding the purse strings. Arto Bendiken and I, leading Haltia.AI, have waded through the venture funding quagmire, collecting a trove of do’s and don’ts — some learned the […]

Business Events GCC UAE

Global investors with $7 billion under management set to finance startups at Super Angels Summit 2023 in Abu Dhabi

Arnold Pinto 19/11/2023 0

Gulf emirate clinches the world’s first and largest angel investment event The UAE has firmly established itself on the global startup map, with the UAE government’s Entrepreneurial Nation initiative seeking to develop 8,000+ startups and SMEs in the Gulf nation by 2030 and setting up 20 startups valued at more than $1 billion by 2031. […]

Aviation Business

Emirates orders 15 Airbus A350-900s worth AED22.08 billion

Arnold Pinto 17/11/2023 0

Order confirmed at ongoing Dubai Airshow 2023 Dubai-based Emirates Airline has signed an order for 15 A350-900s at the Dubai Airshow 2023, taking its total order for the A350 version to 65 aircraft. The deal, worth AED22.08 ($6 billion) at list price, was signed on November 16, 2023. The first A350 is scheduled to join […]

Travel Business

UNWTO workshop focuses on dynamic tourism communications for Africa

News Desk 1 16/11/2023 0

3-day event held in Victoria Falls, Zimbabwe The Madrid-based World Tourism Organisation (UNWTO) brought together top tourism and travel practitioners from 20 African countries to explore ways to deliver more effective tourism communications and showcase the sector’s role as a development pillar. The first Communications, Media and Tourism Training Workshop in Africa

Aviation Business GCC UAE

flydubai orders 30 Boeing 787 Dreamliners, its first widebody aircraft

News Desk 1 15/11/2023 0

Deal formalised at Dubai Airshow 2023 Boeing and flydubai have signed an agreement wherein the low-cost carrier will purchase 30 787-9 Dreamliners as the airline diversifies its fleet by introducing widebody jets. In a signing ceremony at the Dubai Airshow 2023, the Dubai-based carrier said it plans to use the efficient 787 to open new routes and grow […]

Aviation Business GCC UAE

130+ American companies exhibiting at Dubai Airshow 2023

News Desk 1 14/11/2023 0

USA Partnership Pavilion is where business gets done More than 130 American companies are exhibiting an impressive number of US military and commercial aircraft and aerospace technology at the Dubai Airshow (November 13-17, 2023). A high-level delegation of American diplomatic, military and industry leaders are also visiting the airshow, taking place at the DWC Dubai […]

Aviation Business

Emirates Group posts 2023-24 H1 net profit of AED 10.1 billion

News Desk 1 11/11/2023 0

Group’s employee base grows to 108,996 The Dubai-based Emirates Group has announced a 2023-24 half-year net profit of AED 10.1 billion ($ 2.7 billion), surpassing its record half-year profit of AED 4.2 billion ($ 1.2 billion) last year by 138%. The Group also reported an EBITDA of AED 20.6 billion ($ 5.6 billion), a significant improvement from AED 15.3 […]

Business

Acronis launches MSP Academy for vendor-neutral training

News Desk 1 09/11/2023 0

Educational platform addresses key challenges of MSPs Acronis, a global leader in cyber protection, has launched MSP Academy, an educational initiative to equip managed service providers (MSPs) with business and technological knowledge, sales and marketing tools necessary for them to grow. Acronis set up the MSP Academy following partner requests to expand the training

Tech Business

Emirates (airline) and Emirates NBD win 2023 Data Impact Awards from Cloudera at Evolve NYC

Arnold Pinto 05/11/2023 0

Annual awards feature six distinct categories Two UAE-headquartered globally renowned organisations – Emirates (airline) and Emirates NBD – are among eight leading enterprises that have won the 2023 Data Impact Awards instituted by Cloudera, the market-leading data company for enterprise AI and cloud solutions. Cloudera’s annual data impact awards recognise

Business

Cloudera and Pinecone in new tie-up to provide customers with advanced AI-powered solutions

Arnold Pinto 04/11/2023 0

Pinecone’s vector database is a cornerstone of critical infrastructure Cloudera, the Santa Clara, California-headquartered data company for enterprise artificial intelligence (AI), and Pinecone, the New York-based vector database company that specialises in long-term memory for AI, have entered a strategic partnership wherein Pinecone’s AI vector database expertise

Business Gitex

Microsoft to maintain high investment strategy in the Middle East region

Arnold Pinto 02/11/2023 0

Generative AI is seen as becoming mainstream in the region Ahmed Dandachi, Chief Commercial Business Officer at Microsoft UAE, in an interview at GITEX Global 2023, talks about generative AI, sheds light on the significance of the Middle East to Microsoft’s strategic investments and how GITEX plays a pivotal role in showcasing cutting-edge technology and […]

Business Gitex

Extreme Networks casts its digital net far and wide in the Middle East region

Arnold Pinto 30/10/2023 0

Unveils industry-leading digital twin capabilities at GITEX Global 2023 Extreme Networks, a global leader in cloud networking, presented unique digital twin capabilities as the highlight of its presence at GITEX Global – the world’s largest tech and startup event – held at Dubai World Trade Centre from October 16-20, 2023. The North Carolina-headquartered company

Business Gitex

Positive Technologies thwarts cybercriminals with innovative cybersecurity solutions

Arnold Pinto 29/10/2023 0

Digitalisation push in the Middle East appeals to the global company Positive Technologies – a leading global provider of enterprise security solutions for vulnerability and compliance management, incident and threat analysis, and application protection – safeguards 3,000+ organisations globally against cyberattacks and non-tolerable damage. The company is the sole

Business Gitex

Acronis: ‘Cybercriminals are leveraging AI to attack AI-based cybersecurity solutions’

Arnold Pinto 27/10/2023 0

‘Legacy systems put regional oil industry at high cyberattack risk’ Acronis, a global leader in cyber protection and cloud security, exhibited its advanced solutions at GITEX Global 2023 – the world’s largest tech and startup event – held at Dubai World Trade Centre from October 16-20, 2023. In an exclusive interview with ‘Middle East News […]

Business Gitex

Cloudera is in a pole position as digitalisation speeds up in the Middle East

Arnold Pinto 26/10/2023 0

US-based company is a Gold Sponsor of Digital Dubai at GITEX Global 2023 Cloudera, the Santa Clara, California-headquartered enterprise data cloud solutions provider, exhibited its latest advanced AI-powered data and hybrid cloud solutions in association with Digital Dubai at the 43rd edition of GITEX Global – the world’s largest and most inclusive tech show – […]