Author: Akin Naphtal

SpotQuest, a Singapore-based location intelligence firm, has launched a new platform that is set to revolutionize the hospitality industry. The automated tool provides detailed location intelligence for hotel chains and restauranteurs, using unique data points at a micro-neighbourhood level. The innovative platform delivers insights in a simplified and easily followed format incorporating powerful visualisations through customised maps and tables. The new technology bridges the gap of other tools, providing data that is deeply relevant to the business with actionable insights. It allows for comparisons across all brands and provides 360-degree location intelligence in real-time. Users can customize filters and point…

The World Metaverse Council has teamed up with the organisers of the upcoming Metaverse Discovery event in Riyadh to promote the development of an equitable and decentralised metaverse. The conference, which is set to take place on June 8 at the Crowne Plaza RDC Hotel, will provide participants with an immersive experience and celebrate the achievements of organisations that have contributed to the development of the metaverse through the inaugural World Metaverse Awards. These awards will acknowledge the pioneering work of companies across a range of categories, including finance, smart cities, tourism and leisure, healthcare, retail and government. The awards…

Al Salam Bank has launched Bahrain Trade, an addition to its digital investment platform, Al Salam Invest, which allows retail clients to digitally trade in Bahrain Bourse securities online. The platform, launched last year, is accessible through the bank’s mobile application and features a customisable, user-friendly interface in English or Arabic. Clients can execute trades in real-time and view comprehensive overviews of their portfolios. Al Salam Invest also offers access to global markets and a range of financial instruments including equities, ETFs, sukuk and mutual funds. READ ALSO:ArcelorMittal Nippon Steel India partners with IBM Consulting to digitally transform operations Alibaba…

ArcelorMittal Nippon Steel India has announced a partnership with IBM Consulting to transform its operations through digital means. The joint venture will use IBM’s business transformation capabilities and metal and mining industry expertise to create a data-driven enterprise. The two firms will migrate existing data and applications from older SAP platforms into a single SAP S/4HANA instance, using IBM’s Rapid Move for SAP S/4HANA approach. This will enable ArcelorMittal Nippon Steel to benefit from the newer functionalities of the modern platform, facilitating faster value realisation. IBM Consulting has also overhauled the enterprise structure and existing solutions to address several business-critical…

Alibaba Cloud, which is Alibaba Group’s digital technology and intelligence arm, has announced the launch of its latest large language model, Tongyi Qianwen. The company intends to incorporate this new AI model into its various businesses to enhance the user experience. Additionally, Alibaba Cloud plans to provide its clients and developers with access to the model, enabling them to create customised AI features in a cost-effective way. READ ALSO:Defence group EDGE to open new regional office in Brazil to expand global footprint Global PC market sees sharp decline in Q1 2023, Apple Mac shipments hit hard G42 and Microsoft to…

EDGE, an advanced technology and defence group, has announced the opening of a new regional office in Brasilia, the federal capital of Brazil. The office will be managed by a team of professionals from the defence industry and local business ecosystems. The new office is set to open soon and the announcement was made at EDGE’s stand at LAAD Defence & Security 2023 in Rio de Janeiro, where the group is participating for the first time with 10 of its portfolio companies. Mansour AlMulla, Managing Director and CEO of EDGE, said the announcement is a clear signal of the company’s…

Market research reports revealed that shipments of Apple Macs declined in the first quarter of this year as the global personal computer market struggled due to tough economic conditions. The report from IDC stated that weak demand, excess inventory and a worsening macroeconomic climate contributed to a significant drop in traditional PC shipments during the period. IDC reported that global PC shipments amounted to 56.9 million, which was 29 percent less than the same period a year earlier. READ ALSO:G42 and Microsoft to collaborate on public sector and industry-focused solutions in UAE General Authority for Investment and Free Zones (GAFI)…

G42, a UAE-based technology company, has signed a memorandum of understanding (MoU) with Microsoft to collaborate on developing public sector and industry-focused solutions. The partnership aims to leverage Microsoft’s partner ecosystem and cloud capabilities to address the needs of citizens and customers in the UAE. The joint business development and marketing opportunities will cover areas such as healthcare, energy, public sector digital transformation, financial services, climate action and more. READ ALSO:General Authority for Investment and Free Zones (GAFI) to Launch Digital Platform for Establishing Companies in Egypt Lynk Global Signs Contract to Provide Mobile Coverage to 100% of Ghana’s Population…

The General Authority for Investment and Free Zones (GAFI) in Egypt is set to launch a digital platform for company formation on 1 July. This initiative is expected to revolutionize the process of establishing companies in the country by allowing investors to complete the necessary procedures electronically in just a few minutes. According to Hossam Haiba, Chairperson of GAFI, the digital platform is part of the authority’s effort to expedite the resolution of investors’ problems. Haiba emphasized that GAFI aims to deal with these issues faster than the regulations and laws allow, with the goal of ensuring that investors receive…

Lynk Global, Inc. has signed a new contract with Telecel Group in Africa to provide mobile coverage to 100% of Ghana’s population using its “cell-towers-in-space”. This marks the company’s second commercial contract with Telecel Group in Africa and a significant milestone in the satellite-direct-to-standard-phone category. Lynk’s technology will enable Telecel Group to offer ubiquitous geographic coverage to over 6 million Vodafone Ghana subscribers, extending rural coverage and serving as a backup for service resilience and continuity of IoT devices. The satellite technology will also act as a replacement for underperforming terrestrial towers. READ ALSO:Mozilla Africa partners with Gladys Boss Foundation…