Wednesday 8 May 2024
 
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Core42 and Gecko Robotics forge partnership

Core42, a G42 company and full-spectrum AI enablement solutions provider, and Gecko Robotics have signed a memorandum of understanding (MoU) to deliver AI solutions for the UAE and regional markets.   The collaboration will delve into a partnership geared toward

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Cisco appoints Meads to lead MEA, Romania and CIS

Cisco has appointed David Meads as Vice President for the Middle East, Africa, Romania, and Commonwealth of Independent States (CIS). He succeeds Reem Asaad who drove Cisco’s business in the region for more than four years.    In this role, Meads will

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PPDS rolls out full Philips LED range into MEA

PPDS, the exclusive global provider of Philips Professional Displays, is has announced the official launch of its full Philips LED portfolio in the Middle East and Africa (MEA), delivering new, highly sustainable and unlimited options.    Immediately availa

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Presight Q1 pre-tax net profit jumps 45.8pc to $28.75m

Presight AI Holding has posted a 45.8% jump in first-quarter pre-tax net profit to AED105.6 million ($28.75 million) with a pre-tax net margin of 40.3% underpinned by an increasing proportion of multi-year contracts.   Presight’s Q1 revenue was AED262.1 mi

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Zoom appoints AlKalash as Managing Director for METAP

Zoom Video Communications has appointed Mohannad AlKalash as the new Managing Director for Middle East, Turkey, Africa and Pakistan (METAP).    AlKalash’s hire underscores Zoom’s commitment to fostering local talent and advancing its footprint i

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Operators ‘to invest $26bn’ in cloud network services

Operators will invest $26 billion in cloud services in 2024, with expenditure growing to $65 billion in 2028, a new study by Juniper Research, experts in telecommunications, said.    Telecommunications cloud refers to the implementation of cloud technology,

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Cognizant and Google Cloud to drive AI innovation in KSA

Building upon their successful global collaboration, Cognizant and Google Cloud have announced their strategic partnership in the Saudi region. This effort aims to accelerate the adoption of cutting-edge technologies, with a strong focus on generative AI, data modernisation and application mi

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DXwand expands to Saudi Arabia with AstroLabs

DXwand, a global player in AI-powered conversational technology, has announced its launch to Saudi Arabia with AstroLabs, a leading business expansion platform in the Gulf.   The strategic move comes following DXwand’s recent completion of a $4 million Ser

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Zain Bahrain Q1 revenue hits $51m; net profit down 25pc

Zain Bahrain, a telecommunications industry innovator in the Kingdom, has reported a net profit of BD1.07 million ($2.8 million) for the first quarter, down 25.3% over last year's figures of BD1.43 million ($3.8 million). The basic and diluted earnings per share for the quarter is

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PIF company Alat launches electrification, AI infrastructure units

Alat, a major company of Saudi sovereign wealth fund PIF focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today launched two new business units - Electrification and AI Infrastructure.&

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