Global

Business Markets

Digital ID verification spend to exceed $26bn globally by 2029

Arnold Pinto 06/12/2024 0

Growing from $15.2bn in 2024 A new study has found that spend on digital identity verification checks will grow by 74% from $15.2 billion in 2024. This substantial growth will be attributable to new solutions that aim to reduce the friction of these checks. Juniper Research’s study

Business Cybersecurity

Study: IoT cybersecurity market is set to reach $60 billion globally by 2029

Arnold Pinto 03/12/2024 0

As potential for cyber-attacks escalates The global Internet of Things (IoT) cybersecurity market will experience dramatic growth over the next five years, reaching $60 billion by 2029, up from $27 billion in 2024. This represents a substantial 120% increase in cybersecurity investment, driven by enterprises’ rapid expansion of IoT devices. According to a new study

NEWS DESK

Following a year of elections held worldwide, Allianz launches global “Power of Unity” program

News Desk 1 19/11/2024 0

Following a year where more than 70 nations – home to nearly half the world’s people – have been called to the polls, Allianz today announced a multidisciplinary program, “Power of Unity,” to counter the erosion of trust in societal institutions and strengthen confidence in a better economic future. The program is founded not only on publicly observable

NEWS DESK

Visa Flexible Credential Goes Global: Transforming the Card for a Digital Future

News Desk 1 12/11/2024 0

For years, the card didn’t change. Built for an analog world, one card for one type, debit or credit. The Visa Flexible Credential has fundamentally changed that, allowing people to pay from different account funding sources with a single card. Today, Visa (V: NYSE) announced that the Flexible Credential is expanding to the U.S. and […]

Health

WHO appeals for $87 million to combat mpox outbreak

Dan Ngiam 28/08/2024 0

From September 2024 to February 2025 The World Health Organization (WHO) has issued an urgent appeal for financial support following the declaration of a global emergency concerning the mpox outbreak. The WHO has called for $87.4 million over the next six months—from September 2024 to February 2025—to boost its efforts in halting and containing the […]

Events

Global news media collaborate for World News Day 2024

Arnold Pinto 13/08/2024 0

Under the theme of ‘Choose Truth’ More than 500 premier news organisations worldwide—including Middle East News 247—are participating in World News Day 2024, a global campaign to amplify the power and impact of fact-based journalism. Commemorated on September 28, 2024, under the theme of ‘Choose Truth’, the forthcoming event is set to become a cornerstone […]

NEWS DESK

Vertiv Issues 2023 Responsible Business Report

News Desk 2 07/06/2024

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its 2023 Responsible Business Report, which details progress in focus areas, and introduces the company’s “One Vertiv, One World” plan for advancing the principles of environmental stewardship, fostering a safe, inclusive, and engaged workplace, and conducting

Business

Global Adoption Of Smart POS Set To Rise Exponentially

Arnold Pinto 03/04/2024 0

POS Terminal Transactions To Hit $17 Trillion In 2024 A new study conducted by Juniper Research, a leading authority in fintech markets, has projected that the global value of POS (Point-of-Sale) terminal transactions will soar to $17 trillion by the end of 2024, with an anticipated growth of 25% leading up to 2028. This substantial […]

Markets Tech

Extreme Networks looms large, on enterprise network market

Arnold Pinto 15/03/2024 0

Company’s Fabric solution records 5,000+ deployments globally Extreme Networks, a global leader in cloud networking, has solidified its leadership position in 2024 with more than 5,000 successful customer deployments worldwide of its acclaimed end-to-end Fabric solution, which elevates network security and drives positive outcomes. This achievement underscores the

GCC NEWS DESK UAE

Asteco 2023 Q4 Report: UAE Real Estate Market Surges Amid Global Uncertainties

News Desk 1 07/02/2024

According to the Asteco 2023 Q4 real estate report, the UAE market witnessed unprecedented growth during 2023 despite the various global challenges. The report anticipates continued positive trajectory over 2024. Key strategic initiatives, including the UAE Tourism Strategy 2031 and ‘We the UAE 2031,’ are expected to fortify the UAE’s standing as one of