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Lummus to provide digitalisation solutions to India's HPLLummus Technology, a global provider of process technologies and energy solutions, has been awarded a contract by Haldia Petrochemicals Ltd (HPL) for digitalisation services at HPL’s ethylene plant in West Bengal, India. “For more than two decades, More… |
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AI strategies that 'overlook end-to-end lifecycles will not succeed'Despite firm belief in AI plans, businesses’ fragmented AI strategies and execution that overlook end-to-end lifecycles will not deliver successful outcomes, says a research report assigned by Hewlett Packard Enterprise. Nearly half (44%) of IT lea More… |
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Workz unveils unrestricted IoT device managementWorkz, a cloud-based eSIM specialist, has launched its new remote device management solution designed for the Internet of Things (IoT) industry. The platform eliminates the restrictions associated with traditional technologies that limit the number of networks and include lengthy and costly d More… |
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Growing impact of GenAI on cybersecurity landscape: SplunkSome 93% of organisations are using public generative AI but 34% of organisations do not have a generative AI policy in place, says Splunk, a cybersecurity and observability leader. In collaboration with Enterprise Strategy Group, Splunk has released the &ldqu More… |
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AIQ restructure 'to help speed up AI in energy sector'Adnoc, G42 and Presight AI Holding have announced a new shareholding structure for AIQ under which Presight will acquire a 51% stake in AIQ with Adnoc retaining a 49% shareholding (previously G42 40%, Adnoc 60%). The transaction will combine AIQ's br More… |
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Presight snaps up 51pc stake in Abu Dhabi tech venture AIQPresight AI Holding (Presight), an Abu Dhabi-listed company, has announced that it has reached an agreement with AIQ, a disruptive advanced technology pioneer, for a major stake in the company. AIQ is a joint-venture between global energy leader Adnoc an More… |
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UAE teleco e& net profit up 7pc in Q1; revenue soars to $3.8bnLeading UAE telecom services company e& has reported consolidated revenue of AED14.2 billion ($3.86 billion) for the first quarter of 2024, up 9% year-on-year, while its consolidated net profit surged by 7% to hit AED2.3 billion ($626 million). Announcing More… |
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Madayn completes fibre optic project in Al RusaylOman’s Public Establishment for Industrial Estates (Madayn) has successfully completed connecting fibre optic network throughout Al Rusayl Industrial City in cooperation with Omantel. This project marks a significant step towards transforming the i More… |
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WEF charts path to renewed dialogue, collective actionAmid rising geopolitical tensions and a deepening North-South divide, the World Economic Forum (WEF) has assembled 1,000 global leaders and experts to chart a collective course towards a more stable, sustainable and inclusive future. The Special Meeting on Glo More… |
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Constructor Capital opens Abu Dhabi officeThe Constructor Capital, a science-based VC fund investing in startups, in software and deep technology founded by entrepreneur Serg Bell, has set up operations in the Abu Dhabi. The fund is part of Constructor Group, a science, education, and technology More… |
