Entries

AM Best’s Annual Market Briefing on State of MENA (Re)Insurance Markets Returns to Dubai

LONDON (BUSINESS WIRE) -- AM Best’s annual MENA Insurance Market Briefing will be held on 18 October 2020, at 9:00 a.m. (GST), at The Address Boulevard in Dubai to discuss the insurance and reinsurance markets of the region.The Middle East and North Africa (MENA) region’s (re)insurance markets can be characterised as highly competitive and fragmented. Economies across the region are highly sensiti...

AFC and Mizuho Bank sign MOU to Drive Sustainable Economic Growth in Africa & Asia

TUNIS, Tunisia - Tuesday, 30. August 2022(BUSINESS WIRE)--Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest customer bases in Japan, have signed a Memorandum of Understanding to collaborate on project & infrastructure finance, trade finance and treasury to drive sustainable economic growth in Af...

Aleph Farms Joins AIM for Climate as Newest Innovation Sprint Partner to Advance Cellular Agriculture

REHOVOT, Israel - Tuesday, 30. August 2022Global initiative now includes an innovation sprint on cellular agriculture as a strategic choice for reducing food’s environmental impact and enabling greater food security(BUSINESS WIRE) -- Aleph Farms, the first cultivated meat company to grow steaks directly from non-genetically engineered animal cells, today announced that it has been officially reco...

AWS Launches Region in the United Arab Emirates

SEATTLE - Tuesday, 30. August 2022Second AWS Middle East (UAE) Region allows customers to run workloads and store data securely in the UAE while serving end users with even lower latencyThe new AWS Region is estimated to support an average of nearly 6,000 full-time jobs annually through a planned investment of more than $5 billion (AED 20 billion) in the UAE through 2036Tens of thousands of custom...

NTT Launches Edge-as-a-Service to Accelerate Automation

(BUSINESS WIRE)--NTT Ltd., a leading IT infrastructure and services company, today announced the launch of Edge-as-a-Service, a managed edge compute platform that gives enterprises the ability to deploy quickly, manage and monitor applications closer to the edge.NTT and VMware, in collaboration with Intel, are partnering to innovate on edge-focused solutions and services. NTT uses VMware’s Edge Co...

Quectel’s Ultra-high Bandwidth 5G R16 Module Certified for Use on T-Mobile’s 5G and LTE-A Networks

VANCOUVER, British Columbia - Monday, 29. August 2022 AETOSWire VANCOUVER, British Columbia--(BUSINESS WIRE)--Quectel Wireless Solutions, a global IoT solutions provider, has announced that its 5G NR module RM520N-GL, compliant with 3GPP Release 16 (R16) standards, has been certified to operate on T-Mobile’s 5G and LTE-A networks in the United States.With this certification, RM520N-GL customers ca...

Phosphorus Partners with CyberKnight to Expand xIoT Security to the Middle East and Africa

New Partnership Addresses the Region's High Demand for xIoT Attack Surface Management and Remediation Capabilities(BUSINESS WIRE) -- Phosphorus, the leading provider of advanced and full-scope security for the extended Internet of Things (xIoT), today announced a new distributor partnership for the Middle East and Africa (MEA) with CyberKnight, a leading cybersecurity value-added distributor for t...

Moove Signs Agreement with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Across Africa

(BUSINESS WIRE) -- Moove, the world's first mobility fintech, today announced the signing of a Memorandum of Understanding [MoU] with MUFG, one of the world's leading financial groups and Suzuki, one of the world's leading suppliers of vehicles to mobility businesses. Through this MoU, Moove, which provides revenue-based financing to mobility entrepreneurs, aims to advance financial inclusion and ...

Inflation in Dubai and Europe

A toxic recession impeded global economic growth in 2022, as disadvantageous COVID-19 pandemic effects and the muddle of limited energy supplies were magnified by macropolitical uncertainty and red-hot inflation.This led to skyrocketing oil & gas prices in Europe. The continent was hit hard, as much of its energy supplies are imported from Russia. Given current EU & USA-led sanctions, no Russian g...

L&T Technology Services Wins 5-year Deal from BMW Group in Infotainment Domain

BENGALURU, India & MUNICHLTTS to provide high-end engineering services for BMW Group’s suite of infotainment consoles(BUSINESS WIRE) -- L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced today that it has won a 5-year, multi-million-dollar deal from European luxury vehicle maker BMW Group to provide high-end engineering serv...

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