The trends, statistics, and prospects The global business centre market is not just evolving rapidly but leading change. Driven by the increasing demand for flexible office space, the rise of remote working, and the globalisation of business operations, business centres are proving their
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Evolving advertising needs addressed Dubai’s Roads and Transport Authority has launched an updated version of its Out-Of-Home (OOH) Advertising Manual to foster a dynamic and competitive advertising environment in Dubai emirate in the United Arab Emirates (UAE). Newly launched in collaboration with Dubai Municipality and Dubai’s Department of Economy and Tourism, the
Contract is worth $400 million Riyadh Air, a Saudi Arabia’s Public Investment Fund subsidiary, has awarded a $400 million contract for ground handling services to Saudi Ground Services as the Saudi carrier prepares for its forthcoming launch. The ground handling services contract, effective from September 1, 2024, spans 4.5 years with an option for a […]
Strong growth and earnings drive positive results SIXT SE, the international mobility provider, has reported revenue for Q2 2024, reaching €1.01 billion—a notable 8.9% increase compared to last year. Sixt SE, with its registered office in Pullach near Munich, Germany, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT
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 […]
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
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 proceed with the construction of a fourth next-generation patrol vessel and the
To capitalise on regional growth Cathay Pacific, Hong Kong’s flagship carrier, is set to enhance its presence in the ASEAN region following a pivotal visit by Cathay Group Chief Executive Officer Ronald Lam to Laos, Cambodia, and Vietnam. The six-day trip concluded on August 2, 2024, highlighting the airline’s strategic focus on leveraging regional opportunities […]
Dubai service centre also inaugurated The first dedicated Zeekr showroom and allied service centre in the United Arab Emirates (UAE) has opened alongside Sheikh Zayed Road in Dubai City. Launched as a joint venture between Zeekr, the premium electric vehicle brand of China’s Geely Holding Group, and AW Rostamani Group, the UAE distributor of Zeekr, […]
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
2-year agreement is worth $23 million Serco has secured a contract extension to continue its expert surface finish support for the Royal Air Force (RAF). The new contract, valued at $23 million, commenced on April 1, 2024, and extends for two years, with an option for an additional year. This continued collaboration underscores Serco’s commitment […]
Facility features complete Aetria solution Derby, UK-headquartered Datapath – a global leader in computer graphics, video capture and digital display technology – and Dubai-based Mindstec Distribution have unveiled a new state-of-the-art Aetria integrated control room demo facility in Riyadh, Saudi Arabia. Following the recent launch of Mindstec’s experience
Ideal for a wide range of projects Geobear, a global leader in ground engineering based in the United Kingdom, has launched its advanced ground stabilisation operations in the United Arab Emirates (UAE). This marks a significant development in the hydrocarbon-rich Arabian Gulf country’s infrastructure capabilities. The benefits of Geobear’s ground stabilisation
GenAI advancements boost the sector Synergy Research Group reports that the global cloud infrastructure services market surged in the first quarter of 2024, marking a robust recovery with enterprise spending surpassing $76 billion. This figure represents a substantial increase of $13.5 billion or 21% compared to last year, signalling the second consecutive quarter of
Several joint projects lined up Ericsson and OPPO have finalised a comprehensive multi-year global patent cross-licence agreement, marking a significant milestone in cellular technology, particularly 5G. Under the terms of the newly signed agreement, OPPO, renowned for its global smartphone sales and strong presence in emerging markets, will pay Ericsson royalty fees for
After implementing Enea’s voice firewall Telecom Egypt has reported a drastic reduction in scam calls after implementing Enea’s advanced voice firewall. Since deploying this cutting-edge technology, the primary telecom operator in Egypt has successfully eliminated over 90% of incoming calls with spoofed caller IDs from its network. Caller ID spoofing, a prevalent method
Collaborates with Socar Fiber EXA Infrastructure, Europe’s leading digital infrastructure platform, has joined forces with Turkey’s Socar Fiber to establish a new terrestrial fibre optic route across Türkiye. The new partnership seeks to diversify the traditional Red Sea corridor, crucial for submarine cables connecting Europe, the Middle East, and Asia. The newly
To elevate the travel experience for island visitors beOnd Airlines, the world’s first premium leisure airline, has partnered strategically with Ooredoo Maldives, a leading international telecommunications provider. Effective August 2024, all travellers flying with beOnd Airlines to the Maldives will receive an exclusive travel SIM card courtesy of Ooredoo Maldives,
In the ongoing chip war standoff New research reveals why German firms resist US pressure to sever ties with China in the ongoing semiconductor chip trade conflict. The study by the University of Sussex and King’s College London highlights a strong connection between German automotive manufacturers and the country’s semiconductor sector as a critical factor
MENA region is also in the pipeline In a strategic move aimed at global expansion, gimmefy.ai, a leading generative AI marketing platform headquartered in Singapore, has officially launched its operations in North America. Founded on cutting-edge AI models and expert marketing strategies, gimmefy.ai has achieved considerable success in Asia. Now, it aims to empower North