Mubadala Investment Company, an Abu Dhabi-based global investor, has announced that it has entered into a definitive agreement to sell its minority stake in CoolIT Systems, a global leader in liquid data centre cooling, to Ecolab as part of a transaction valued at $4.75 billion led by KKR.
Binance Bahrain, a part of leading global blockchain ecosystem Binance, has announced a strategic partnership with Beyon Connect, enabling the integration of the kingdom’s eKey 2.0 National Identity solution into the group to enable secure digital verification of users when conducting its transactions.
Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.
Shortage of qualified IT security professionals and competing security priorities are among the key challenges facing firms in the Middle East, as supply chain and trusted relationship attacks emerge as a growing threat, with one in three businesses reporting an incident in the past year, said a top industry expert.
The World Intellectual Property Organisation (WIPO) has announced the launch of a new initiative - AI Infrastructure Interchange - for expert dialogue on IP and AI issues that will focus on technical and operational issues and complement ongoing discussions at its other forums.
Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.
Alghanim Industries (Kutayba Alghanim Group) has announced the official launch of Starlink services in Kuwait through its technology venture Sama X, bringing SpaceX’s satellite internet network and the world’s largest constellation of low Earth orbit satellites to customers across the country.
Northstar Telecom, a leading ICT and telecom solutions provider, has signed an agreement with HFCL, a telecom infrastructure leader, for the strategic standardisation of its Wi-Fi Access Point and Switching infrastructure on the IO by HFCL portfolio across its business and residential broadband services.
In the Strait of Hormuz, hundreds of ships appear on maps where they should not exist. GPS signals that tankers rely on to navigate safely are being scrambled, revealing a new battlefield of invisible electronic warfare. What was once a tool for convenience has become a potential hazard, says an expert.
Zoho Corporation, a global technology company, marked its 30th anniversary on Thursday with the announcement that it is now a trusted technology provider to more than one million paying customers and more than 150 million users globally.
