Corporate

Nokia wins 4G and 5G extension deal from Bharti Airtel in India

Dan Ngiam 22/11/2024 0

Ahead of 5G-advanced network evolution Nokia has secured a multi-year, multi-billion-dollar extension deal from Bharti Airtel to deploy 4G and 5G infrastructure across key cities and states in India. The agreement marks a significant milestone in their longstanding partnership, with Nokia set

Corporate

Serco wins $97 million contract to support US naval shipyards

Arnold Pinto 14/11/2024 0

Also, a US military and veterans deal Serco has secured a five-year contract valued at $97 million to support the US Navy’s Naval Sea Systems Command (NAVSEA). The contract will see Serco provide programme management and business performance improvement services at four major US naval shipyards: Norfolk Naval Shipyard in Virginia, Portsmouth Naval Shipyard in […]

Corporate

Informatica Summit UAE 2024 highlights AI-enabled data management for businesses

Arnold Pinto 05/11/2024 0

Over 101 trillion cloud transactions processed monthly Informatica, a global leader in AI-powered cloud data management, will host the Informatica Summit UAE 2024 on November 5 in Dubai, UAE. The event will bring together industry leaders and data professionals to explore the transformative landscape of AI-enabled data management. The day-long summit is a

Aviation Corporate

Toyota and Joby Aviation enhance electric air mobility push

Arnold Pinto 04/11/2024 0

Meetup held in Shizuoka, Japan Senior officials of Toyota Motor Corporation and Joby Aviation, the two entities which are collaborating to advance electric air mobility, gathered at Toyota’s Higashi-Fuji Technical Centre in Shizuoka, Japan, for an event that also featured a demonstration of Joby’s electric vertical takeoff and landing aircraft (eVTOL). Joby is a

Corporate UAE

Colm McLoughlin, 81, former chief of Dubai Duty Free, passes away

News Desk 2 31/10/2024 0

Icon of the travel retail industry Colm McLoughlin, the former Executive Vice Chairman and CEO of Dubai Duty Free (DDF), passed away in the UK on October 30, 2024, at the age of 81. McLoughlin, a pivotal figure in the retail sector, was instrumental in establishing DDF as one of the world’s leading airport retailers. Born […]

Corporate

GCC businesses urged to adapt to changing employee expectations

News Desk 2 23/10/2024 0

Personalisation, empowerment, well-being seen as key In a rapidly evolving workforce landscape, Gulf Cooperation Council (GCC) businesses urgently need to adapt to changing employee expectations. A white paper by Zurich International Life highlights three critical pillars—personalisation, empowerment, and well-being—reshaping employee benefits and engagement strategies. As

Aviation Corporate

Boeing CEO: Our business is in a difficult position

News Desk 2 13/10/2024 0

Message to company employees Boeing President and CEO Kelly Ortberg shared the following message with all Boeing employees on October 12, 2024: Team, Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will have to […]

Corporate

Cathay Pacific to buy back warrants from HKSAR government

Arnold Pinto 01/09/2024 0

After thorough negotiations Cathay Pacific Airways (Cathay) has agreed to repurchase all the warrants previously issued to the Hong Kong Special Administrative Region (HKSAR) government. The transaction will involve a minimum total consideration of HK$1,531,828,439.28. However, the final amount will be adjusted based on share price fluctuations during a specified period

Corporate Sport

Concacaf and PIF to boost football across the Americas

Dan Ngiam 25/08/2024 0

Multi-year partnership signed The Confederation of North, Central America and Caribbean Association Football (Concacaf) and Saudi Arabia’s sovereign wealth Public Investment Fund (PIF) have signed a strategic, multi-year partnership to enhance football development and increase the sport’s accessibility across North America, Central America, and the Caribbean region.

Corporate Watches

Chanel invests in time with 25% stake acquisition in MB&F

Arnold Pinto 23/08/2024 0

Securing the high-end watch brand’s future Global luxury powerhouse Chanel has acquired a 25% stake in MB&F, ensuring the high-end Swiss watch brand’s stability and long-term growth while maintaining its independence. The strategic partnership, revealed on August 22, 2024, sees MB&F founder Maximilian Büsser retain the majority share of 60%, with his partner

Corporate UAE

Fast Track Solutions plays a key role in healthcare recruitment

Dan Ngiam 22/08/2024 0

In the Arabian Gulf region Fast Track Solutions, a leading healthcare recruitment agency based in Dubai, United Arab Emirates (UAE), has branded itself the foremost expert in identifying and sourcing top-tier candidates for hospitals and medical institutions in the UAE, Saudi Arabia, and the wider Arabian Gulf region. A company statement noted that with over […]

Corporate

Transworld Business Advisors expands GCC operations

Arnold Pinto 20/08/2024 0

Reinforcing growth and advisory services Transworld Business Advisors (Transworld), the world’s largest business brokerage franchise, has extended its operations in the Gulf Cooperation Council (GCC) region. The move sees West Palm Beach, Florida-headquartered Transworld, extending its services beyond the United Arab Emirates (UAE) to include Saudi Arabia, Kuwait, Bahrain,

Corporate

Cloudera enhances metadata management solutions

Dan Ngiam 08/08/2024 0

With data catalogue and Iceberg REST integration Cloudera has unveiled significant updates to its metadata management solutions, designed to boost open interoperability and meet growing data security and governance demands. The new features showcased at Cloudera’s EVOLVE24 conference at the Sands Expo & Convention Centre in Singapore from August 6-7, 2024, mark a

Appointments Corporate

Catherine Rénier appointed as CEO of Van Cleef & Arpels

News Desk 2 08/07/2024 0

Louis Ferla is the new CEO of Carter, too Richemont, the luxury goods conglomerate, has appointed Catherine Rénier as the new CEO of Van Cleef & Arpels, effective September 1, 2024. Rénier, currently serving as the CEO of Jaeger-LeCoultre, will succeed Nicolas Bos in her new role and report to him following his recent appointment […]

Corporate

30 years of Amazon: From Cadabra, Inc. to global dominance

News Desk 2 07/07/2024 0

Behemoth is on a sustained growth trajectory Thirty years ago, on July 5, 1994, Jeff Bezos embarked on a journey that would redefine global commerce. Bezos founded Cadabra, Inc., a modest start that would soon transform into the behemoth known today as Amazon.com. The company’s name change from Cadabra to Amazon was swift. A lawyer […]

Corporate

How To Use LinkedIn Like A Pro

News Desk 2 03/06/2024 0

Follow This Step-By-Step Guide In the digital age, where connections are made with just a click, LinkedIn is the paramount platform for professionals seeking to expand their network, advance their careers, and stay updated with industry trends. With over 700 million users worldwide, LinkedIn has evolved from a simple job-search tool to a multifaceted hub […]

Business Corporate

Panasonic Reveals Ambitious Agenda At 2024 Convention

Arnold Pinto 30/05/2024 0

Middle East And Africa Region In Focus Panasonic–the Japanese conglomerate that caters to a wide variety of customers’ needs–is committed to innovation excellence, sustainability, customer-centric service, localisation, and Japanese tradition as the 106-year-old company continues to consolidate its position as a global leader, primarily in the consumer electronics and home

Corporate Cybersecurity Interviews

Swiss GRC Brings Advanced GRC Solutions To The Middle East

Arnold Pinto 24/05/2024 0

Including Customised Digital Asset Swiss GRC, the Lucerne, Switzerland-headquartered Governance, Risk, and Compliance (GRC) specialist, made a significant stride in its global expansion by hosting its inaugural ‘GCC CRC Day 2024’ conference in Dubai City on May 22, 2024. The exclusive event attracted over 100 GRC professionals from the Middle East, indicating the

Appointments Corporate

Richemont Appoints Nicolas Bos As CEO From June 1, 2024

News Desk 2 20/05/2024 0

And Bram Schot, As Deputy Chairman To strengthen its leadership, the Board of Compagnie Financière Richemont SA (Richemont) has announced significant changes to its board of directors and senior management. Nicolas Bos, the current CEO of Van Cleef & Arpels, has been appointed to Richemont’s re-established CEO role, effective June 1, 2024. Additionally, Bram

Corporate Finance

Cognizant Reports Revenue Of $4.76 Billion For Q1 2024

Arnold Pinto 18/05/2024 0

Financial Results Exceed Expectations Cognizant’s first quarter 2024 financial results, unveiled earlier this month, exceeded expectations and showcased resilience in the face of evolving market conditions. In the first quarter of 2024, Teaneck, New Jersey-headquartered Cognizant, reported a revenue of $4.76 billion, slightly lower than the $4.81 billion recorded in the