Saturday , 20 October 2018

Science & Tech

Mideast spearheading $2.6trn smart cities market

Cities are the nexus for the IoT, with global connected things set to nearly double from 11 billion in 2018 to 20 billion by 2020, according to Gartner. By Staff Writer, TradeArabia DUBAI – The countries in the Middle East and North Africa (Mena) region, especially with initiatives from across the GCC, are spearheading the global smart cities market, which …

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Egypt mulls construction of $2.33bln wind farms

The anticipated projects will be implemented under the BOO scheme Cairo: The Egyptian electricity ministry is in talks with a number of international companies to execute wind power projects with capacities of up to 1,800 megawatts at a cost of around EUR 2 billion. The anticipated projects will be implemented under the Build, Own and Operate (BOO) scheme, Almal News …

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A.I. on the way: Business leaders plan to integrate robotic and artificial intelligence tech within 2 years

By Staff Writer, ZAWYA International business executives plan to invest in and integrate robotic technologies and artificial intelligence (AI) in their retail business in the coming two years, a survey by KPMG has shown. KPMG’s Global Consumer Executive Top of Mind Survey found that “41 percent of digital leaders are using robotic process automation and 46 percent plan to start …

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Mideast firms ramping up investments with an AI on the future

Survey shows 95% believe that AI will have a positive impact on their firm Middle East entities, especially in the UAE and Saudi Arabia, are increasingly streamlining their strategies with artificial intelligence as they see its advantages, which would allow them to keep in step with each other and better respond to the changing needs of their customers, among other …

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UAE insurtech start-up Aqeed makes splash with advertising blitz

CEO says Aqeed’s shareholders, which include companies specialising in reinsurance and media buying, bring more than money to table For a start-up, insurance technology (insurtech) firm Aqeed has succeeded in making itself well-known since launching across the United Arab Emirates in April. Many UAE residents may still be unsure as to the purpose of the Dubai-based company, which raised $18 …

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Saudi PIF in talks to invest in aspiring Tesla rival Lucid

The talks between privately-held Lucid Motors and PIF underscore the latter’s appetite to invest in electric car makers to diversify the oil-rich Middle Eastern kingdom’s investment portfolio By Dasha Afanasieva, Harry Brumpton, Reuters News PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc CEO Elon Musk has said could help him fund a $72 billion deal to take his …

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Dubai marches towards becoming the smartest city

Dubai government is saving Dh5.6 for every one dirham spent by Smart Dubai Dubai’s march towards becoming the world’s first smartest city continues unabated as the emirate has been ranked the ‘Most Innovative City’ in the region. It is also No.1 for deployment of smart city applications and has the highest awareness, usage and satisfaction among its residents. Industry executives …

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Blackboard and Higher Colleges of Technology Establish Digital Education Center of Excellence in the Middle East

Blackboard and the Higher Colleges of Technology (HCT), the United Arab Emirates’ (UAE) largest education institution, extended their partnership to create the first Blackboard Center of Excellence in the Middle East. Signed in the presence of Dr. Abdullatif Al Shamsi, Vice Chancellor of HCT, Dr. Jihad Mohaidat, Executive Dean – Ed Tech of HCT and Bill Ballhaus, Chairman, CEO and …

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Fujitsu Implements Enterprise IT Service Management Solution for Dubai Silicon Oasis Authority

The cloud-based solution ensures higher operational efficiency through automated policies and processes Fujitsu has implemented an Enterprise IT Service Management solution for the Dubai Silicon Oasis Authority (DSOA), underlining its expertise in delivering end-to-end solutions for major enterprise clients. The new solution will enable DSOA to achieve higher levels of operational efficiency and productivity through automated policies and processes. Fujitsu …

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Mideast jobseekers prefer online engagement with firms: Survey

Demanded by 94.7% of the region’s job seekers By Staff Writer, TradeArabia Engaging with potential job seekers online is positive for a company’s employer branding and is demanded by 94.7 per cent of the region’s job seekers, according to poll conducted by Bayt.com, a leading job site in the region. Two-thirds of these job seekers (66.5 per cent) said they …

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