IT & Telecommunications

IT & Telecommunications

Global semiconductor industry revenue up 21pc in 2024

Tue, 15 Apr 2025

The total revenue from semiconductor industry globally surged to $660 billion in 2024, up 21% over the year before, mainly due to the large demand for AI infrastructure buildout, said a report. NVIDIA topped the global list, overtaking Samsung and Intel.

IT & Telecommunications

Trend Micro launches North Gulf hub in Qatar

Sun, 13 Apr 2025

Trend Micro, a global leader in cybersecurity solutions, has officially inaugurated its new office in Qatar, establishing it as the strategic hub for its North Gulf operations.

IT & Telecommunications

Dubai AI week to draw 10,000 experts, participants

Sun, 13 Apr 2025

More than 10,000 AI experts and participants are expected to attend the week-long Dubai AI Week, which will host over 180 local and international speakers, more than 150 sessions and workshops as well as over 140 activations.

IT & Telecommunications

GCC telcos could unlock significant growth with data, says report

Thu, 10 Apr 2025

GCC telecom operators can enhance value to customers and generate more business through AI-powered engine. These operators have a rich data reservoir but typically only utilise 30% of available data; unlocking this holds the key to growth, said an expert.

IT & Telecommunications

Al Ansari completes acquisition of Bahrain's BFC Group

Thu, 10 Apr 2025

Al Ansari, a leading integrated financial services company in UAE, has completed its acquisition of Bahrain-based BFC Group, thus solidifying its position as the largest non-banking financial institution in the Gulf region in terms of branch network.

IT & Telecommunications

Beyon names Digital City Development Company CEO

Thu, 10 Apr 2025

Beyon, a global technology group, has appointed Daniel Dugina as the CEO of its Digital City Development Company. In this role, Dugina will lead the roll out of the ambitious 380,000-sq-m project, located at Hamala, Bahrain.

IT & Telecommunications

Middle Eastern banks set for AI-driven transformation

Thu, 10 Apr 2025

The adoption of artificial intelligence (AI) in the Middle Eastern banking sector could significantly contribute to regional economic growth, potentially adding as much as 13.6% to GDP by 2030, according to industry analysts.

IT & Telecommunications

Beyon sweeps 2025 Cybersecurity Excellence Awards

Wed, 09 Apr 2025

Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry’s most renowned awards with the Bahrain-built innovation (Intel X) taking the centre-stage.

IT & Telecommunications

IBM unveils first mainframe fully engineered for AI age

Wed, 09 Apr 2025

IBM has announced the next generation of its iconic mainframe - IBM z1 - fully engineered with AI capabilities across hardware, software, and systems operations. These new innovations will help unlock capabilities for enterprise-scale AI.

IT & Telecommunications

Tamkeen plans to train 50,000 Bahrainis in AI by 2030

Wed, 09 Apr 2025

Bahrain's Labour Fund (Tamkeen) has launched a first-of-its-kind bundle to train 50,000 Bahrainis in Artificial Intelligence by 2030. The initiative will introduce three tracks to provide AI training for executives, generalists and specialists.