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SLB, Aker BP in deal to co-develop of AI-driven digital platformSLB and Aker BP have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi digital platform to enab More… |
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iFarm to build a robotic vertical farm in SwitzerlandiFarm, a technology company enabling IT-driven farming in controlled environments, has announced the start of construction of the vertical farm with its technologies in Switzerland. The client is the Swiss company Hygrow. Based on the iFarm StackGrow tec More… |
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EP Connectors values the reliability of Leibinger printersEP Connectors relies on the intelligent IQJET printers from Leibinger for the production of cables for the automotive industry at its new plant. The requirements are exacting: Every year, 5,000 kilometres of cable need to be printed reliably and with exc More… |
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Zain KSA revenue in H1 soars to $1.3bn; net profit up 60pcZain KSA, a leading telecom services operator in the kingdom, has delivered solid results for the first half of the year with a revenue of SAR5 billion ($1.3 billion), while its net profit surged by 60% to SAR172 million ($45.8 million) from SAR108 million ($28.7 million) last year after excl More… |
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stc Group net profit up 7.7pc in H1; revenue hits $10.2bnLeading Saudi telecom group stc has recorded solid results for the first half of 2024 with data indicating a 4.79% increase in revenues compared to the same period of the previous year, reaching SAR38.25 billion ($10.2 billion). Announcing its preliminary fina More… |
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Scalo backs initiative to boost global entrepreneurshipUAE Tech venture company Scalo Technologies is backing a new initiative to make entrepreneurship education and internship experiences accessible to secondary school students worldwide. The company has joined hands with the Young Founders School (YFS) to help r More… |
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Open Innovation AI collaborates with AMD to advance AIOpen Innovation AI, a premier AI orchestration platform provider, has announced collaboration with AMD, the high performance and adaptive computing leader to utilise AMD Instinct GPUs to advance AI model development and deployment. Combining AMD Instinct data More… |
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EITC Q2 net profit jumps 46.3pc to record $158.2mEmirates Integrated Telecommunications Company (EITC) has seen its second-quarter (Q2) net profit jump 46.3% to record AED581 million ($158.2 million) as revenues rose 7.3% to AED3.6 billion on its strong product offerings. EBITDA increased by 3.2% to AED1.6 b More… |
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Global IaaS market grows 16.2pc to $140bn in 2023: GartnerThe worldwide infrastructure as a service (IaaS) market grew 16.2% in 2023, to total $140 billion, up from $120 billion in 2022, according to a leading management consultancy, Gartner. Amazon retained the No 1 position in the IaaS market in 2023, followe More… |
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e& first in MEA to introduce 5G SA RedCap with EricssonEricsson in partnership with e& UAE, has conducted a successful end-to-end verification of the Reduced Capability (RedCap) software solution on the service provider’s 5G Standalone (5G SA) network. This expands the ecosystem for new types of de More… |
