Business GCC Saudi Arabia

‘Alat’ aims to make Saudi Arabia a tech manufacturing hub

Arnold Pinto 09/02/2024

New PIF company to create 39,000 jobs by 2030 Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister, and Chairman of the Board of Directors of the Saudi Public Investment Fund (PIF), has launched ‘Alat’, a PIF company that will establish a cutting-edge global sustainable

Business GCC Tech

kevin. swipes Middle East with innovative payment technology

Arnold Pinto 09/02/2024

Lithuanian firm set to open new office in Dubai kevin., a first-of-its-kind payments acceptance network based out of Vilnius, Lithuania, is set to introduce its innovative payment technology in the Middle East region with the imminent opening of its first international office in Dubai, UAE. This strategic move into the Middle East region, starting with […]

Cybersecurity Tech

Acronis identifies 222% surge in email attacks in H2 2023

PR News Desk 09/02/2024

AI-enhanced phishing impacts 90% of organisations There was an unprecedented 222% surge in email attacks during the second half of 2023, according to Acronis’s newly released end-of-year Cyberthreats Report for 2023. The comprehensive report, titled ‘Acronis Cyberthreats Report, H2 2023: Alarming Rise in Cyberattacks, SMBs and MSPs in the Crosshairs’, delves into the

Business Defence & Security GCC Saudi Arabia

Saudi Arabia and Leonardo sign strategic partnership

Arnold Pinto 08/02/2024

Pact covers defence and aerospace advancements Saudi Arabia’s Ministry of Investment and the General Authority for Military Industries have inked a Memorandum of Understanding (MoU) with Leonardo to explore, develop, and assess various investment and collaboration prospects within the defence and aerospace sector. The announcement occurred during a formal ceremony at

Business GCC UAE

2 new AWS Europe branches in UAE begin charging VAT

Arnold Pinto 08/02/2024

Tax invoices are also issued for UAE-based AWS accounts The two new local branches of Amazon Web Services EMEA (AWS Europe) located in Abu Dhabi and Dubai have begun charging local value-added tax (VAT) and issuing tax invoices for AWS accounts based in the UAE with effect from February 1, 2024. Launched on February 1, […]

Health GCC Saudi Arabia

WHO recognises 5 nations for trans fats elimination progress

PR News Desk 08/02/2024

Denmark, Lithuania, Poland, Saudi Arabia, and Thailand top The World Health Organization (WHO) has awarded certificates to Denmark, Lithuania, Poland, Saudi Arabia, and Thailand for their exceptional progress in eliminating industrially produced trans fatty acids (iTFA). These nations have successfully implemented best-practice policies supported by robust monitoring and

Travel Aviation GCC UAE

Fly Jinnah to connect Islamabad and Sharjah on February 17, 2024

PR News Desk 08/02/2024

Flights to be operated with Airbus A320 aircraft Fly Jinnah, Pakistan’s leading low-cost carrier, has unveiled plans for its maiden international flight connecting Islamabad to Sharjah. The airline, which commenced operations in October 2022, links major cities across Pakistan. The foray into international skies marks a significant milestone in Fly Jinnah’s

Defence & Security GCC Saudi Arabia

High-profile speakers feature at World Defense Show 2024 in Riyadh 

PR News Desk 07/02/2024

Global defence sector meets in Saudi capital A stellar lineup of industry titans and senior government figures is addressing attendees at the World Defense Show in Riyadh (February 4-8, 2024). February 4 witnessed the Future Defence Leadership Forum, with Ahmad Abdulaziz Al-Ohali, Governor of the General Authority for Military Industries (GAMI), delivering the opening

Travel Business Lifestyle

Airbnb updates terms for pre-January 25, 2024 users

Arnold Pinto 07/02/2024

Evolving business determines new updates Airbnb has informed users who created their accounts on the short- and long-term homestay platform before January 25, 2024, about mandatory changes (updates) coming into effect after March 28, 2024. The updates apply to the platform’s Terms of Service, Payments Terms of Service, Host Damage Protection Terms, Rebooking

Business Sustainability

Mubadala and Infracapital spearhead investment in Zenobē

Arnold Pinto 07/02/2024

Zenobē specialises in EV fleet solutions and battery storage Mubadala Investment Company (Mubadala), the Abu Dhabi sovereign investor, has strategically invested in Zenobē, a London-based leader in fleet electrification and battery storage solutions. This move, in collaboration with Infracapital, M&G’s infrastructure equity investment arm of M&G, solidifies

Cybersecurity

Milestone joins CVE Program in boost to global cybersecurity

PR News Desk 07/02/2024

352 CVE global entities discover and share vulnerabilities Milestone Systems, the Denmark-headquartered provider of data-driven video technology software in and beyond security, is collaborating with the Common Vulnerability and Exposures (CVE) Program as a CVE Numbering Authority (CNA) effective January 23, 2024. The CVE Program, with the primary goal of identifying,

Business Lifestyle

Meta posts record-breaking earnings in 2023

Arnold Pinto 06/02/2024

Facebook ends year with 3 billion monthly users Meta, the parent company of Facebook, has disclosed that the world’s leading social media platform concluded 2023 with unprecedented earnings and with a staggering 3.07 billion monthly active users, marking a notable 3% increase from 2022. Meta’s advertising business also exceeded analyst predictions during the fourth

UAE GCC Real Estate

Dubai Harbour district to get a 2-lane traffic bridge

Arnold Pinto 06/02/2024

Dubai’s RTA and Shamal Holding sign bridge JV Dubai’s Roads and Transport Authority has partnered with Shamal Holding, a Dubai-based diversified investment firm, to enhance vehicular connectivity to the Dubai Harbour district located between Bluewaters Island and Palm Jumeirah. Under the newly signed agreement, Dubai’s RTA will construct a 1.5 km-long bi-directional

Travel Aviation GCC Lifestyle UAE

Emirates-VFS Global offer Indians UAE visa on arrival service

Arnold Pinto 06/02/2024

Indian citizens need valid 6-month US, EU or UK residency visa Emirates (EK) has partnered with Dubai-headquartered outsourcing and technology service specialist VFS Global to launch a pre-approved UAE visa-on-arrival facility exclusively for Indian citizens who booked their travel to the UAE with the Dubai-based supercarrier. The new collaboration aims to enhance the

Business Tech

Gartner: Global IT spending is poised to click $5 trillion in 2024

Arnold Pinto 06/02/2024

IT services to outpace communications services Worldwide IT spending is poised to reach $5 trillion (6.% growth) in 2024 according to the latest Gartner tech industry forecast. Although this projection marks a slight decrease from the previous quarter’s forecast of 8% growth, it still highlights a positive trajectory for the tech industry. Notably, IT services […]

Cybersecurity

Acronis links with Microsoft Intelligent Security Association (MISA)

PR News Desk 05/02/2024

Strategic partnership reflects Acronis’ dedication to cybersecurity Acronis, a global leader in cyber protection, has strengthened its position in the fight against cybersecurity threats by officially joining the Microsoft Intelligent Security Association (MISA). This collaboration places Acronis among a distinguished group of independent software vendors (ISV) and managed

Tech Business Events

MWC Barcelona 2024 launches ‘Future First’ theme

Arnold Pinto 05/02/2024

Event convenes tech, innovation, and global bonding GSMA, the organiser of MWC Barcelona (Mobile World Capital), has revealed a future-driven theme and a stellar lineup of speakers for the iconic global mobile technology ecosystem taking place from February 26-29, 2024, at the Fira Gran Via venue of Fira Barcelona under the theme of ‘Future First.’ […]

Qatar Events Tech

12,000+ set to attend inaugural Web Summit Qatar 2024

Arnold Pinto 05/02/2024

World’s largest tech event lands in MENA for the first time Doha is gearing up to host Web Summit, the world’s largest technology event, in the Middle East and Africa (MENA) for the first time. Tech entrepreneurs, investors, and renowned speakers from Qatar and worldwide will convene to discuss the latest technology trends at Web […]

Business Tech

Global PC market recovered partially in Q4 2023

Arnold Pinto 05/02/2024

Gartner sees annual growth returning to PC sector in 2024 The worldwide PC market witnessed a slight uptick in the fourth quarter of 2023, signalling a potential turnaround after eight consecutive quarters of decline, as newly reported by Gartner. While the year 2023 recorded an overall annual decline of 14.8%, the quarter-over-quarter increase offers a […]

News

MWC Barcelona 2024 unveils future-driven theme

Arnold Pinto 04/02/2024