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Saturday, May 11, 2024

Tech

Archer and Falcon Aviation to Launch Flying Cars by 2025

Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, offering thirty-minute flights between the two cities with Archer’s Midnight flying car by 2025.

Armada and Edarat Group Sign MoU at LEAP 2024 in Saudi Arabia

Armada and Edarat Group partners to bring edge computing and AI to the Industrial sector across the Middle East and North Africa region.

iByond Asia and Knightsbridge Clinch USD1.2B Fintech Deal

iByond and Knightsbridge Group will join forces to spearhead fintech initiatives across the Asia Pacific region.

Smart Cities are the Next-Gen Habitats on Earth

Terminus Group CEO Victor AI shares his smart cities ‘SPACE’ vision as ‘urban evolution’ at the 2024 Web Summit in Doha Qatar.

Malaysia Clinches USB 6 Billion Boost to its Cloud Economy

AWS says there’s a high demand for cloud services in Malaysia and across Southeast Asia, promising USD 6 Billion infrastructure investment in Malaysia by 2037.

Atlai a World First AI Reporter on Deforestation

Alwaleed Philanthropies launches Atlai, an AI platform to support global efforts to combat deforestation.

Uzbekistan Partners With ATRC to Accelerate Falcon AI Adoption

The UAE’s Advanced Technology Research Council (ATRC), mandated to shape an advanced R&D ecosystem in Abu Dhabi, signed an MoU with the Ministry of Digital Technologies of the Republic of Uzbekistan.

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Qatar Hypermarket Launches Halal Thai Promo for Good Taste and Goodwill

Graced by Ambassador of Thailand to Qatar H E Sira Swangsilpa, and Lulu Hypermarket Regional Director Shaijan MO together with dignitaries from the Royal Thai Embassy in Doha, the Halal Thai Food Promotion launch aims to foster goodwill between the two countries and celebrate Thai culture and cuisine.
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Gas Monetisation a Strategic Focus as Libya Increases Exports to Europe

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

How PPP is Increasing Efficiencies Across Saudi’s Gigaprojects

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

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Arab Financial Services and ACI Worldwide Pen Ten-Year Payment Platform Partnership

ACI Worldwide announces a ten-year strategic partnership with Arab Financial Services to drive digital payments modernization for banks, fintechs and merchants across MENA.

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.
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Singapore Signs Bilateral Treaty on Appeals from the Bahrain ICC

The Government of Singapore and the Kingdom of Bahrain signed a bilateral Treaty to establish a new Bahrain International Commercial Court in Bahrain and a designated body in Singapore to hear its appeals.

Singapore’s Petrozo Energy Targets Markets in ME, East Africa & SE Asia

Petrozo Energy announces an ambitious plan to establish a new manufacturing facility in Sharjah, spanning over 430,000 square feet.

Pakistan PM Shehbaz Says Muslim World League Advocate for Unity Among the Ummah

Prime Minister Shehbaz Sharif reaffirms Pakistan’s continued support and partnership with the Muslim World League this month.