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ADQ and OIA launch $180m technology-focused fundADQ, an Abu Dhabi-based investment and holding company, has announced the launch of a $180 million technology-focused fund, Jasoor Fund (the Fund), with Oman Investment Authority (OIA) and represented by ITHCA Group. This commitment is part of broader framework agreement signed between both p More… |
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Thuraya, CYSEC in deal to offer potent satellite encryptionThuraya Telecommunications Company has partnered with CYSEC to provide enhanced cybersecurity and encryption protection to its existing data service customers. Thuraya is the mobile satellite services subsidiary of the UAE’s flagship satellite solutions More… |
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Bosch banking on innovations, tie-ups and acquisitionsThe Bosch Group, which has increased its sales and earnings in 2023, is successfully implementing its growth strategy despite a difficult environment. “In the 2023 business year, we achieved our financial targets and strengthened our market positio More… |
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4,500 experts converge in Dubai for Machines Can See 2024The second annual Machines Can See Summit facilitated meaningful discussions around the latest breakthroughs, trends, and real-world applications in generative AI, computer vision, AI investment and education. It brought together over 4,500 leading researchers More… |
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Investment in AI can create jobs, raise salaries in Bahrain: HujairyInvestment in artificial intelligence (AI) in Bahrain will not only expand job opportunities but also elevates salaries, Ahmed Al Hujairy, CEO of ThinkSmart Training and Development Centre, has said. Speaking at the "Impact of Robotics on Achieving Sustai More… |
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WakeCap in deal to transform Saudi construction landscapeIn a landmark move set to transform the construction landscape of Saudi Arabia, WakeCap, a Saudi-based leader in smart solutions for construction project management, and OpenSpace, a US-based leader in reality capture and AI-powered analytics, announce a strategic partnership aimed at making More… |
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DCDE attracts 9 MNCs worth $82.84bn in 2023Dubai Chamber of Digital Economy (DCDE) has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds AED304 billion ($82.84 billion). The chamber attracted a diverse range of More… |
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RCJY future-proofs IT infrastructure with NutanixNutanix has announced that the Royal Commission for Jubail and Yanbu (RCJY) has cut out complexity, improved performance and future-proofed its infrastructure with Nutanix Database-as-a-Service. RCJY is operating four industrial cities, Jubail, Yanbu, Ra More… |
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PIF, stc Group to form region’s largest telecom tower firmSaudi Arabia’s Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) have signed definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited (Tawal) from stc Group. Tawal is the largest t More… |
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e& Carrier & Wholesale launches off-net services to close ‘roaming’ gapse& Carrier & Wholesale has launched a stack of new off-net services, including roaming-as-a-Service (RaaS), designed to address the challenges faced by mobile network operators in managing roaming services. The plug-and-play solution gives third-party network providers a direct More… |
