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
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Dynamic Web3 ecosystem in focus Ibanera, a prominent US-based fintech platform, has partnered with RAK Digital Assets Oasis (RAK DAO), a free zone dedicated to digital assets and Web3 innovation. The strategic collaboration will leverage RAK DAO’s extensive network to boost Ibanera’s presence in the UAE’s growing digital asset market. Ibanera is an API-driven
Includes stints at aerospace giant’s US facilities Saudi Arabia’s Communications, Space, and Technology Commission (CST) has unveiled a month-long training programme for aerospace engineering students in partnership with Boeing. The initiative underscores the commitment to nurturing national talent and advancing the field of space sciences in Saudi Arabia. Boeing is
Operations to commence after 2025 SEOPS, a prominent provider of responsive space mission services, has entered a strategic partnership with Intuitive Machines. The new collaboration between the two US-based companies will see Intuitive Machines providing rideshare delivery services for SEOPS, extending its reach beyond low Earth orbit (LEO) to include a variety of
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
Airline targets key role in luxury travel market beOnd, the premium leisure air travel startup, has unveiled its Ambassador Programme. This new initiative involves the airline collaborating with top travel influencers to elevate the luxury travel experience. The initiative allows content creators to amplify their travel narratives while earning referral commissions. Tero
In E2 Class at Welsh GP The Welsh GP, a highly anticipated round of the FIM Enduro World Championship, concluded last weekend in Rhayader, Wales, marking a significant milestone in the 2024 season. In an exhilarating display of skill and endurance, Andrea Verona of Gas Gas Factory Racing secured the World Championship title in the […]
Involving logistics and programme support The US State Department has approved a potential Foreign Military Sale (FMS) to Saudi Arabia involving system logistics, sustainment support, and related elements at an estimated cost of $2.8 billion. This determination, communicated to Congress by the US Defence Security Cooperation Agency, includes comprehensive logistics and
Company set for start of commercial operations Dronamics, the world’s first cargo drone airline, has secured a €10 million equity investment from the European Innovation Council (EIC). This funding round follows an earlier €2.5 million grant awarded to the company in November 2022 under the EIC Accelerator programme. The agreement was formalised at the EIC […]
Gartner study sums up the causes A new report from Gartner predicts that many generative AI (GenAI) projects will be abandoned following their proof-of-concept phase by the end of 2025. The research firm predicts that at least 30% of these projects will be discontinued due to poor data quality, insufficient risk controls, rising costs, or […]
Representing a 7.6% increase from 2022 The Swiss watchmaking industry marked a historic milestone in 2023, with exports reaching unprecedented levels in both value and volume. Building on a robust performance from the previous year, the sector has continued its impressive growth trajectory, demonstrating resilience and adaptability amidst a fluctuating global market.
Airport also awarded ISO 14001 certification Phnom Penh International Airport has achieved significant milestones in its ecological goals, underscoring its commitment to sustainability and green practices. Operated by Cambodia Airports, the airport has earned the prestigious Level 3 accreditation from the Airports Council International (ACI) under its Airport Carbon
US endorses deal with Lockheed Martin Greece has joined the nations operating the F-35 Lightning II fighter aircraft after signing a Letter of Offer and Acceptance with the US government. The agreement, finalised on July 25, 2024, involves Greece procuring 20 Lockheed Martin F-35s for about $8.6 billion, with an option for an additional 20. […]
Including warships, fighter aircraft, missile systems The US is taking decisive measures to address potential escalations involving Iran and its affiliates in the volatile Middle East region. In a statement issued on August 2, 2024, US Deputy Pentagon Press Secretary Sabrina Singh noted that in response to the Hamas attack on Israel on October 7, […]
Transition to a circular model mooted A groundbreaking study by the Rotterdam School of Management Erasmus University calls for a significant overhaul in hospital practices. It advocates a shift from single-use medical devices to reprocessed, repaired, and recycled tools. This change, the research suggests, could cut hospital costs, resolve operational challenges, and
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 […]
Creative AI and design tools follow next A new study has unveiled the most sought-after AI categories, with chatbots and conversational tools dominating the search landscape. Data from Google Trends was analysed to determine the most popular AI types based on search volume, revealing significant shifts in interest over recent months, according to the Linkee […]
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, […]
Raising awareness on ocean conservation and plastic pollution Three intrepid UAE residents have set sail on an unprecedented rowing expedition across the Arctic Ocean. Toby Gregory, Orlagh Dempsey, and Andy Savill have teamed up for The Arctic Challenge, a 1,500km journey from Tromso to Svalbard, Norway. Having begun their journey in their vessel, Ocean Guardian, […]
From October 14-18 in Dubai GITEX Global 2024, the world’s largest tech and start-up event, will showcase various new programmes, high-profile speakers, and cutting-edge advancements. The 44th edition of the event, scheduled for October 14-18 at the Dubai World Trade Centre, promises to be a landmark edition. Dubai’s goal of becoming the home to 30 […]





























