Riyadh, Saudi Arabia - Monday, 23. October 2023

CYBERIA, a leading Internet and Information Security Services Provider in the Kingdom today announced that one of its key partners Akamai Technologies, Inc. will be launching a DDOS scrubbing center in Saudi Arabia. According to CYBERIA, this scrubbing center will be the first of its kind in the Kingdom as it is part of a largely distributed platform (Prolexic) dedicated only for DDoS scrubbing. The new scrubbing center is expected to go live by November this year.

The Middle East is rising as a significant force in the global economy and is predicted to accelerate its economic growth over the coming years, increasing the risk and scope of perilous cyberthreats. As cyberthreats evolve, and more customers seek “always on” DDoS protection, having an in-country scrubbing center is crucial for eliminating latency and delivering exceptional end-user experiences.

Akamai has been actively serving the Kingdo ... Read more »

NYON, Switzerland - Monday, 23. October 2023

(BUSINESS WIRE)--EH Group has successfully tested its unique fuel cell technology in high temperature PEM mode (HTPEMFC). The proprietary structure of EH Group’s cells enables it to operate as a “platform” technology – its unparalleled design flexibility on form-factor and size means that with relative ease we are able to modify certain materials such as the membrane to run it in LT or HT fuel cell mode. More crucially the performance edge we have achieved in PEMFC appears replicable in HTPEMFC too.

Preliminary testing on short stacks has delivered more than 2.3 kW/L of power at atmospheric pressure thanks to our unique stack structure and design with <1mm cell pitch.

“It is extremely satisfying to see the validation of our cell structure as a platform technology. It opens up a whole new arena of development in HTPEMFC and new application potential,” states Mardit Matian, Foun ... Read more »

AUSTIN, Texas - Thursday, 12. October 2023 AETOSWire

The annual flagship event will feature sessions from global leaders from Lenovo, NVIDIA, AMD and more

(BUSINESS WIRE) -- On October 24 – 25, 2023, Lenovo will host its annual global innovation event, Tech World, in Austin, Texas. This marks the ninth consecutive year of the event, and the first time since 2019 that it will be hosted in person. This year’s theme is ‘AI for All’ and will focus on the era of artificial intelligence (AI) and explore how Lenovo is designing, powering, and re-defining the next generation of AI products, solutions, and services to accelerate real AI-driven outcomes for both businesses and consumers.

Tech World will feature a keynote session from Lenovo Chairman and CEO, Yuanqing Yang, who will discuss Lenovo’s strategic leadership through an in-depth exploration of how the company is unleashing the potential of AI across its business. Both virtual and ... Read more »

With this development, the UAE’s 7th largest auditing and tax advisory firm gets equipped to enable businesses and government entities to leverage the benefits of automation.

HLB HAMT, UAE-based leading audit and tax advisory firm, has signed an agreement with Automation Anywhere, a global leader in Intelligent Automation and Artificial Intelligence (AI), at the recently concluded GITEX Global 2023, to function as a Center of Excellence (CoE) in the UAE and beyond. The establishment of a Robotic Process Automation Center of Excellence (RPA CoE) within the organization underscores HLB HAMT's pivotal role in propelling digital transformation in the solutions it provides to businesses and government entities.

HLB HAMT&r ... Read more »

LONDON & SCOTTSDALE, Ariz. - Thursday, 12. October 2023 AETOSWire
The London-based technology company will unlock new capabilities for Blue Yonder, allowing retailers and logistics service providers to generate superior consumer experiences

(BUSINESS WIRE)--Blue Yonder, a leading supply chain solutions provider, today announced the signing of an agreement to acquire Doddle, a leading first and last mile technology business that was co-founded by Tim Robinson and Sir Lloyd Dorfman. Once completed, the deal will allow Blue Yonder’s already robust suite of supply chain management and commerce offerings to expand with full-circle expertise encompassing final mile, returns management and reverse logistics solutions.

With Doddle’s capabilities, Blue Yonder will be able to offer retailers and logistics service providers such as carriers not only a transformed yet simplified experience for their own customers, but also enhanced growth pot ... Read more »

Moscow continues to be an enticing destination for Middle Eastern travellers as the Russian capital continues to roll out several initiatives. Evgeny Kozlov, the Moscow City Tourism Committee Chairman, has underscored the Middle East as a pivotal partner in Moscow's flourishing tourism sector. A dedicated approach to attracting more tourists involves fostering collaboration between local and international businesses.

“Since the beginning of this year, the Moscow City Tourism Committee has organised 8 business missions in 8 countries, as well as 4 family trips to the capital. More than 100 companies from Iran, Saudi Arabia and the UAE have joined them. Such events make it possible to establish cooperation between Moscow and Mid ... Read more »

To connect Saudi producers with global markets

The Saudi Export-Import (Saudi EXIM) Bank has signed an agreement with Trafigura, a market leader in the global commodities industry, to extend a three-year credit facility of USD 500 million.

In the presence of Mr. Jeremy Weir, Executive Chairman and CEO of Trafigura, the agreement was signed by Dr. Naif Al-Shammari, Deputy CEO of Saudi EXIM and Christophe Salmon, CFO of Trafigura, this agreement shall facilitate the purchase of domestically produced commodities from the Kingdom of Saudi Arabia and enable Trafigura to connect Saudi producers to more than 156 markets worldwide.

Commenting on the agreement, Dr. Al-Shammari said: “Such credit facilities come as part of our ongoing efforts to expand the global reach of Saudi exports. Our collaboration with Trafigura aligns with Vision 2030 goals and will play a pivotal role in unlocking promising investment and trade opportunities between the Ki ... Read more »

 In a renewed partnership, SES’s hybrid distribution network to enable the NFL to reach over 35 partners in Europe, Asia and the Americas, deliver over 150 game broadcasts

(BUSINESS WIRE) -- SES announced a renewal of its partnership with the National Football League (NFL) to deliver NFL game content to over 35 broad ... Read more »

Addition of experienced semiconductor CFO drives the next phase of business growth to create leading-edge AI infrastructure

(BUSINESS WIRE)--Alphawave IP Group plc (LN: AWE, the “Company” or “Alphawave Semi”), a global leader in high-speed connectivity for the World’s technology infrastructure, is pleased to announce the appointment of Rahul Mathur as Chief Financial Officer (CFO) with effect from 30 October 2023.

Rahul served as CFO of Avantus since 2021 and as CFO and Senior Vice President Finance of Rambus from 2016 to 2021. During his tenure at Rambus, Rahul was an integral part of its transformation as a product company, consistently delivering strong financial results and shareholder value. Prior to Rambus, Rahul served in senior finance roles in global semiconductor and technology companies including: Cypress Semiconductor Corp., Spansion Inc., and KLA.

He has extensive experience in M&A, corporate finan ... Read more »

(BUSINESS WIRE) -- Mastercard today announced the expansion of its consulting business with the launch of new practices dedicated to artificial intelligence and economics, to help clients across all industries rapidly and responsibly advance the use of AI and address ever shifting macro-economic forces and consumer preferences. The company is also enhancing its business transformation service, Digital Labs, for clients to create end-to-end solutions from concept development and rapid prototyping to launch and scalability. These offerings are part Mastercard’s ongoing consulting expansion into emerging sectors to support businesses in their evolution and growth enterprise-wide.

“With the democratization of generative AI and a complex economic climate, companies need expertise and go-to-market solutions now more than ever,” said Raj Seshadri, president of Data & Services, Mastercard. “As a complement to our advisory practices, Digital Labs serves as ... Read more »