Author: Akin Naphtal

Bosch, a prominent global technology and services provider, has concluded its 2022 fiscal year with impressive results in the Middle East. The company recorded consolidated sales of 476 million euros ($519 million) in the region, showcasing a robust growth rate of 21% compared to the previous year. The remarkable performance in the Middle East can be attributed to the contributions from key business sectors, namely Mobility, Consumer Goods and Energy and Building Technology. READ ALSO: Egypt Attracts Major Mobile Manufacturers to Establish Factories as Part of Electronics Manufacturing Strategy Per Johansson, the General Manager of Bosch Group in the Middle…

The Ministry of Communications and Information Technology in Egypt has successfully attracted three prominent mobile phone and tablet manufacturers to establish factories in the country. With a combined investment of EGP 2 billion, these factories have a production capacity of 20 million mobile devices. The first factory is owned by Vivo, a well-known Chinese smartphone manufacturer. The second factory belongs to Nokia, a Finnish telecommunications company and the third factory is owned by Samsung, a renowned South Korean electronics company. READ ALSO: Nokia and Red Hat Collaborate to Integrate Core Network Applications with Open Source Platforms The establishment of these…

Nokia and Red Hat, a leading provider of open-source solutions, have entered into a strategic agreement to tightly integrate Nokia’s core network applications with Red Hat OpenStack Platform and Red Hat OpenShift. The partnership aims to provide enhanced support and evolution for existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers, while also offering a pathway for gradual migration to Red Hat’s platforms. Under the agreement, Nokia will continue to directly support its customers, while Red Hat will play a key role in providing ongoing development, services and advanced care for Nokia NCS and CBIS. As customers’…

The Tunisian government, led by Prime Minister Najla Bouden, held a ministerial working session at the Government Palace in Kasbah to discuss the work plan for the activation of the auto-entrepreneur system. The meeting aimed to enhance coordination among relevant stakeholders and expedite the establishment of an electronic platform to facilitate enrollment in the system. As part of Tunisia’s e-governance program, known as “Govtech”, the auto-entrepreneur system plays a crucial role in supporting the digital transformation of public services. The program, implemented in collaboration with the World Bank, seeks to extend social security coverage to individuals engaged in various sectors…

The Sharjah Research Technology and Innovation Park (SRTIP) and the Sharjah Oasis for Technology and Innovation (SOTI) are joining forces in a merger aimed at enhancing the United Arab Emirates’ knowledge economy and its reputation as a thriving hub for entrepreneurship. Sheikha Bodour Al Qasimi, the Chairperson and President of SRTIP, believes that this move will bring significant benefits to the country. As part of the merger, SRTIP will incorporate SOTI and consolidate their resources and expertise to establish an independent Free Zone Authority (FZA). Consequently, the structure of SRTIP will undergo changes to reflect the form and function of…

e&, a leading technology and investment group, has been recognized as the ‘Middle East Operator of the Year’ and the ‘Best Regional SMS Service Provider’ at the prestigious 7th Carrier Community Global Awards ceremony held in Berlin. This remarkable achievement underscores e&’s unwavering commitment to driving transformation and delivering exceptional performance in the industry. The accolades highlight e&’s dedication to innovation and excellence in the techco sector, showcasing its ability to adapt to evolving market demands while delivering outstanding results for clients and partners. READ ALSO: ESET Internet Security Receives Advanced+ Awards in AV-Comparatives Tests Nabil Baccouche, Group Chief Carrier…

Writer: Jastra Kranjec The renewed institutional interest in cryptocurrency sent Bitcoin surging to a new 12-month high, with its price jumping above $31,300 in June. Although BTC lost some of its gains in the last week of the month, it still finished the first half of 2023 with an impressive 85% growth, putting it on track for its best annual performance since 2020. The world’s largest and most expensive cryptocurrency also hit an impressive trading volume in the six months of the year. According to data presented by BitcoinCasinos.com, Bitcoin’s trading volume hit over $4.2trn in the first half of the…

Online travel booking platform Booking.com has launched an AI-powered trip planner using OpenAI’s ChatGPT API, which utilizes large language model (LLM) technology. Initially, the tool will be available in beta version exclusively in the United States. The integration of the AI trip planner aims to provide users with a more interactive and conversational experience when they begin planning their trips. By combining ChatGPT with Booking.com’s machine-learning models, the trip planner offers a wide array of destination and accommodation options. READ ALSO: PARATUS TO CONSTRUCT ANGOLA’S FIRST TIER-IV DATA CENTER IN LUANDA During the initial phase, the trip planner will be…

IBM, a leading technology company, has announced its plans to acquire Apptio, a cloud software company, from private equity firm Vista Equity Partners for $4.6 billion. The acquisition is part of IBM’s strategy to enhance its machine learning and hybrid cloud offerings, as stated in a press release. The acquisition of Apptio will enable IBM to advance its application management, optimization and observability offerings. The deal is expected to be finalized in the second half of 2023, pending regulatory approvals. READ ALSO: GOOGLE TO SCRAP LOCAL NEWS LINKS IN CANADA OVER ONLINE NEWS ACT IBM’s CEO and chairman, Arvind Krishna,…

Meta, formerly known as Facebook, has announced a new mixed reality (MR) program in India. The program includes a grant of $250,000 for Indian startups and developers to create apps and experiences in the field of mixed reality. Five winners will be selected to receive the grant and participate in the program. Mixed reality combines physical reality and digital content, allowing for interaction between real-world and virtual objects. Meta aims to foster innovation and develop an ecosystem of extended reality (XR) technologies in India through this fund. READ ALSO: MCAFEE LAUNCHES POWERFUL NEW ONLINE PROTECTION SOLUTION FOR SMALL BUSINESSES The…