Monday , 24 September 2018

Tag Archives: Technology

Bahrain Tech Week to showcase new opportunities for growth

Bahrain’s Cloud First policy estimated to have saved 90% in government ICT infrastructure expenditure since last year’s event Manama, Bahrain: The Bahrain Economic Development Board (EDB) today announced that the Kingdom will host Bahrain Tech Week from 28 September to 7 October 2018, bringing together technology experts from government, major private-sector entities and startups to explore how digital innovations can …

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Yahsat and Hughes to Form Joint Venture to Deliver Satellite Broadband Services

Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ : SATS ), today announced an agreement to enter into a joint …

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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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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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Krypto Labs announces EdTech Innovations Startup Contest 2018

$270,000 in funding will be awarded to the most innovative startups in Education Technology Abu Dhabi, UAE – In its continuous search for innovative ideas and concepts, Krypto Labs, the global business technology incubator with a unique ecosystem for funding ground-breaking startups, has set a global challenge by announcing its newest contest, the EdTech Innovations Startup Contest 2018, aiming at …

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Will the next cryptocurrency revolution be green?

Source: Zawya-Ammar Radhi   If bitcoin were a country, it would be 41st in the world in terms of energy consumption, just behind Chile and Austria Last year’s bitcoin frenzy appears to have run its course. The cryptocurrency’s near-vertical ascent to more than $19,000 was followed by an equally precipitous decline as speculators fled the market as fast as they …

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UAE’s Etisalat Q2 profit up on lower capital expenditure, more subscribers

Etisalat made a net profit of AED2.2bln ($599million) in the three months to June 30 By Alexander Cornwell, Reuters News DUBAI- Emirates Telecommunications Group, also known as Etisalat, reported on Tuesday a 12.3 percent rise in second-quarter net profit as it cut capital expenditure and added more subscribers. Etisalat made a net profit of 2.2 billion dirhams ($599 million) in …

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Hamdan bin Mohammed appoints CEO of Corporate Technology Support Services, RTA

AbdulAziz Essa Ahmed Hareb AlFalahi as CEO of Corporate Technology Support Services at Dubai’s Roads & Transport Authority Government of Dubai Media Office : Crown Prince of Dubai and Chairman of Dubai Executive Council, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum issued Resolution No. (35) of 2018 appointing AbdulAziz Essa Ahmed Hareb AlFalahi as CEO of Corporate …

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