Business

Avtar and Seramount launch 2025 Best Companies for Women in Gulf study

Arnold Pinto 30/11/2024 0

Entries close on December 15, 2024 Avtar Group, a leading global advocate for Diversity, Equity, and Inclusion (DEI) based in Chennai, India, has partnered with Seramount, a Washington DC, US-based company, to launch the 2025 edition of the Best Companies for Women in Gulf (BCWG) study. This

Automotive Business

Defender signs car partnership with Dakar Rally

Arnold Pinto 28/11/2024 0

Beginning from the 2025 edition British automaker Defender has unveiled a meaningful partnership with the Dakar Rally, solidifying its position as the official car partner of the legendary rally event from 2025 to 2028. This partnership is a significant milestone for Defender and the Dakar Rally, marking a new era of collaboration. From 2026, Defender […]

Aviation Business

Tata Sons and Singapore Airlines celebrate merger of Air India and Vistara

Arnold Pinto 27/11/2024 0

Air India Group now has 300 aircraft Tata Sons and Singapore Airlines (SIA) marked a significant milestone in their longstanding partnership with a symbolic ceremony at the Taj Mahal Hotel in New Delhi to celebrate the merger of Air India and Vistara. The merger consolidates four Tata-owned airlines under the Air India Group into a […]

Business

Swiss deep-tech start-up secures $1.85m in pre-seeding funding

Arnold Pinto 27/11/2024 0

Apheros aims to transform data centre cooling Swiss deep-tech start-up Apheros has secured $1.85 million in pre-seed funding to address one of the digital infrastructure industry’s most pressing challenges: the soaring energy demands of data centres. As data centres grow in number and complexity, driven by AI, machine learning, and supercomputing advances, their

Business UAE

Dubai-based ALEC unveils ‘Robotics Strategy’

Dan Ngiam 26/11/2024 0

To automate 5% of its construction work by 2030 Dubai-based ALEC Engineering & Contracting (ALEC) has launched its ‘Robotics Strategy’ initiative, which aims to automate 5% of its construction operations in the UAE by 2030. An announcement to this effect was made at ALEC’s annual Innovation Day in Dubai, where 14 leading robotics companies and […]

Business

Cloudera launches AI assistant to boost data professionals’ efficiency

Arnold Pinto 25/11/2024 0

Integrating within data workflows Cloudera has unveiled the Cloudera Copilot for Cloudera AI, an intelligent assistant that aims to transform productivity, streamline workflows, and enhance collaboration for data scientists, engineers, and developers. With this move, Cloudera becomes one of the first major data and analytics platform providers to offer an AI assistant

Business Markets

Airbus unveils C295 Final Assembly Line in India

Arnold Pinto 22/11/2024 0

In partnership with Tata Group entity Airbus officially inaugurated its first-ever Indian final assembly line (FAL) for the C295 medium tactical transport aircraft on October 28, 2024, in Vadodara, Gujarat. This marks a significant milestone in the European company’s history, as it is the first time Airbus has established a complete aircraft production system outside […]

Aviation Business

EPI and Airbus ink deal for C295 tank production

Arnold Pinto 21/11/2024 0

The deal is for five years EPI, an Abu Dhabi-based aerospace precision engineering solutions provider, has signed a serial production contract with Airbus Defence and Space to produce C295 Cargo Compartment Removable Tanks (CCRTs) over the next five years. Airbus manufactures the C295 medium tactical transport aircraft, 300 used worldwide. The C295 CCRTs are designed […]

Business Cybersecurity

Infinigate extends Acronis’ solutions distribution in Europe

News Desk 2 20/11/2024 0

After Middle East success The Infinigate Group, a prominent technology platform and trusted advisor in cybersecurity, cloud, and network infrastructure, will extend its distribution of Acronis’ cybersecurity and data protection solutions across Europe as part of a new agreement between the two companies. In this regard, Infinigate will offer Acronis’ comprehensive

Business UAE

Gartner conference in Dubai scrutinises the future of technology

Arnold Pinto 19/11/2024 0

Deliberations feature CIOs and IT experts Dubai is hosting one of the most anticipated events for technology leaders: the Gartner CIO & IT Executive Conference. The conference, November 19-21, 2024, brings together hundreds of CIOs, IT professionals, and Gartner experts, offering attendees a unique opportunity to connect with some of the world’s leading

Business UAE

250 electric taxis are set to hit Dubai’s roads

News Desk 2 18/11/2024 0

In a push for sustainability Dubai Taxi Company (DTC) has secured 250 new taxi licence plates at an auction held by Dubai’s Roads and Transport Authority. With these new licence plates, DTC’s total fleet size will amount to 6,210 taxis, and the taxi operator will generate an additional AED85 million in annual revenue. DTC will […]

Business

Nokia acquires Rapid technology and R&D unit

Arnold Pinto 14/11/2024 0

Boosting growing network API portfolio Nokia has announced its acquisition of Rapid’s technology assets, including the world’s largest API hub used by thousands of developers worldwide and its highly skilled research and development unit. The acquisition – financial details of which were not disclosed – is a strategic move to enhance Nokia’s growing network API

Automotive Business

Jaguar Land Rover reports resilient Q2 FY25 performance

Arnold Pinto 14/11/2024 0

With 25% increase in H1 profits Jaguar Land Rover (JLR) has registered a resilient performance for the second quarter (Q2) of FY25, marking its eighth consecutive profitable quarter despite temporary production challenges due to aluminium supply shortages. The British company reported revenue of £6.5 billion for the quarter, a 6% decline compared to Q2 FY24. […]

Aviation Business

MEBAA Show 2024 to host global business aviation players

Arnold Pinto 10/11/2024 0

Amid a Middle East boom Dubai is set to host the MEBAA Show 2024 from December 10 to 12, showcasing the latest trends and innovations in the business aviation industry. Following a record-breaking year for Dubai’s aviation sector, the event will gather key regional and global players, further cementing the emirate’s position as a worldwide […]

Business Defence & Security

Italian Coast Guard to get ATR42 Maritime Patrol aircraft

Arnold Pinto 08/11/2024 0

Deal signed with Leonardo Leonardo has contracted with the Italian Coast Guard to supply an ATR42-600 Maritime Patrol (MP) aircraft. The new addition is part of the Coast Guard’s broader strategy to renew and enhance its aircraft capabilities, complementing its existing fleet that includes ATR 42-400 and ATR 42-500 models. The ATR42 MP, based on […]

Aviation Business

Emirates Group posts $2.8bn profit in H1 2024

Arnold Pinto 07/11/2024 0

Revenue grows 5% YoY Dubai-based Emirates Group has reported its best-ever half-year financial performance, posting a profit before tax of $2.8 billion for the first six months of 2024-25. This marks a new record for the Group, surpassing the previous year’s performance in the same period. However, the UAE’s new corporate income tax, introduced in […]

Business UAE

GM Events hosts Mall Development MENA Forum 2024

News Desk 2 07/11/2024 0

From November 11-12 in Dubai The retail sector in the Middle East and North Africa (MENA) is poised for significant growth. The mall industry is expected to expand from $808.51 billion in 2024 to $1,401.32 billion by 2032. This robust growth provides the backdrop for the Mall Development MENA Forum 2024, set to take place […]

Business Interviews

Informatica brings data and AI integration to life in GCC region

Arnold Pinto 07/11/2024 0

With partnered innovative solutions With a focus on innovation, Informatica, the US-based leader in enterprise AI-powered cloud data management, has been helping enterprises manage, integrate, and govern their data across hybrid cloud environments since 1993. Informatica’s comprehensive suite of tools essentially enhances data quality, security, and collaboration, enabling

Business Sustainability

90% of payment cards to use sustainable materials by 2029

Arnold Pinto 06/11/2024 0

Need grows for card recycling schemes A new study from Juniper Research reveals that by 2029, over 90% of all payment cards shipped globally will be made from sustainable materials, up from less than 40% in 2024. This rapid shift is driven by growing environmental concerns and the push for more sustainable banking practices. Sustainable […]

Business

GE Vernova completes FEED studies to reduce carbon emissions

Dan Ngiam 05/11/2024 0

At 3 Saudi power plants US-based GE Vernova, in collaboration with Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo), has completed three Front-End Engineering Design (FEED) studies to reduce carbon emissions from three cogeneration plants in Saudi Arabia. This marks the first such initiative in Saudi Arabia focusing on plants utilising GE