Tech

30% of GenAI projects may fail after post-proof of concept by 2025

News Desk 2 05/08/2024 0

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,

Watches

Swiss watch exports tick-tock to $31 billion in 2023

Arnold Pinto 05/08/2024 0

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.

Sustainability

Phnom Penh International Airport earns ACI Level 3 accreditation

Arnold Pinto 05/08/2024 0

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

Aviation

Greece places order for 20 F-35 fighter aircraft

Arnold Pinto 05/08/2024 0

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. […]

Defence & Security

US moves extra military assets to Middle East amidst regional tension

News Desk 2 04/08/2024 0

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, […]

Health

Hospitals urged to shift from single-use to reusable medical devices

News Desk 2 04/08/2024 0

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

Business

Cathay Pacific set to expand its ASEAN network

Dan Ngiam 04/08/2024 0

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 […]

Tech

Chatbots lead AI search trends with 260 million searches

Arnold Pinto 04/08/2024 0

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 […]

Business

First Zeekr showroom opens in the UAE

News Desk 2 03/08/2024 0

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, […]

Sport

UAE trio embarks on historic Arctic Ocean rowing challenge

News Desk 2 03/08/2024 0

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, […]

Gitex Tech

GITEX Global 2024 unveils new features and highlights

Arnold Pinto 03/08/2024 0

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 […]

Automotive

Maserati to unveil new super sports car

Arnold Pinto 03/08/2024 0

At Monterey Car Week 2024 in California Maserati is set to make a significant splash at this year’s Monterey Car Week with the world premiere of its latest super sports car. The unveiling will occur on August 16, 2024, at ‘The Quail, A Motorsports Gathering in California, one of the most prestigious and eagerly anticipated […]

Sustainability

Earth Overshoot Day 2024 came and went

Dan Ngiam 02/08/2024 0

August 1 was the crucial date Earth Overshoot Day, when humanity has exhausted nature’s budget for the year, fell on August 1, 2024. According to calculations based on the National Footprint and Biocapacity Accounts, managed by York University in Toronto under the governance of FoDaFo, this day marked a critical juncture in humanity’s environmental trajectory. […]

Events

RM Sotheby’s to host Dubai auction in December 2024

News Desk 2 02/08/2024 0

In partnership with 1000 Miglia Experience UAE RM Sotheby’s, the world’s leading collector car auction house, has revealed plans for its second auction in the Arabian Gulf region, scheduled for December 1, 2024, at the Emirates Golf Club in Dubai emirate. The auction will be held with the 1000 Miglia Experience UAE, marking a significant […]

Aviation

Boeing gets order for two MH-47G Block II Chinooks

Arnold Pinto 02/08/2024 0

Destined for US Army Special Operations The US Army Special Operations Aviation Command (USASOAC) has awarded Boeing a $115 million contract to produce two MH-47G Block II Chinook helicopters. This latest order increases the number of MH-47G Block II Chinooks under contract to 46. The new contract includes the production of two advanced helicopters and […]

Defence & Security

2 US B-52H bomber aircraft in Romania for NATO manoeuvres

Arnold Pinto 02/08/2024 0

First time iconic aircraft are in Black Sea region Two US Air Force B-52H Stratofortress bombers have arrived at Mihail Kogălniceanu Air Base in Romania. This marks the first time US strategic bomber aircraft have operated out of Romania.  The B-52Hs, assigned to the 2nd Bomb Wing, departed Barksdale Air Force Base in Louisiana. While flying […]

Gitex Tech

European AI Act comes into force from August 1, 2024

Arnold Pinto 01/08/2024 0

World’s first comprehensive regulatory framework for AI Today, August 1, 2024, marks a historic milestone as the European Artificial Intelligence Act (AI Act) officially comes into force, establishing the world’s first comprehensive regulatory framework for artificial intelligence. The landmark legislation by the European Commission ensures that AI technologies

Health

85 Gaza residents arrive in Abu Dhabi for medical treatment

News Desk 2 01/08/2024 0

WHO and UAE facilitate major medical evacuation In a critical humanitarian effort, 85 patients from Gaza, including 35 children and 50 adults, have been evacuated to Abu Dhabi, United Arab Emirates (UAE) for specialised medical care. The evacuation, executed on July 30, 2024, marks the most significant medical evacuation from Gaza since October 2023 and […]

Travel

Akasa Air launches Mumbai-Kuwait City flights from August 23, 2024

News Desk 2 01/08/2024 0

Kuwait is the carrier’s fifth global destination Akasa Air will launch its new direct passenger flights from Mumbai to Kuwait City on August 23, 2024. This will make Kuwait the Indian carrier’s fifth international destination from India. This new daily route underscores Akasa Air’s commitment to expanding its international network and enhancing connectivity between

Appointments

Boeing names Robert ‘Kelly’ Ortberg as new CEO

Arnold Pinto 01/08/2024 0

Succeeding Dave Calhoun, who retires Boeing has announced that Robert K. ‘Kelly’ Ortberg will be the company’s new President and CEO, effective August 8, 2024. Ortberg, a distinguished aerospace veteran with over 35 years of experience, will join Boeing’s Board of Directors. Ortberg’s appointment marks a significant shift for the aerospace giant. He