Author: Mahdeehassan

DUBAI, United Arab Emirates- Elm (www.Elm.sa), a leading digital solutions provider, is showcasing its advanced solutions at GITEX Africa 2024. These solutions are developed to serve a wide range of requirements in global markets. Organised under the auspices of the Ministry of Digital Transition and Administrative Reform, in collaboration with the Agency for Digital Development in Morocco, the exhibition is taking place from May 29 to 31, 2024, in Marrakesh, Morocco. It is regarded as the premier technology event of its kind in Africa. The exhibition convenes industry leaders, representatives from governments, small and medium-sized enterprises (SMEs) and startups, programmers,…

The Sharjah Chamber of Commerce and Industry (SCCI) hosted the B-CAD Emirates Convention 2024. The event, which was organised in collaboration with the international trade fair B-CAD (Building-Construction Architecture Design), is dedicated to the “future of Sustainable Design and Made in Italy Construction and Architecture Products”. The Convention aims to showcase the best global practices in the fields of building, architecture, and sustainable design, as well as innovation in city planning, infrastructure, and mobility. It underscores the Sharjah Chamber’s commitment to facilitating events that enhance commercial ties for the private sector and promote sustainability efforts across diverse industries. Held at…

Dubai, United Arab Emirates: Panasonic Marketing Middle East & Africa (PMMAF) today revealed that it is all geared up for another year of exceptional growth and expansion, building on an impressive business performance in 2023. The company unveiled its action plan for the new fiscal year highlighting targeted investments to expand market presence through strategic partnerships, product diversification, sustainability and genuine customer-centricity. Aligned with its unwavering commitment to innovation and excellence, Panasonic is also moving into its next transformative chapter with key promotions in its senior leadership team, further expanding its capabilities to meet the rapidly growing demand for cutting-edge…

(Abu Dhabi, UAE, 29 May 2024) – A milestone achievement in the fight against misinformation has been reached with the unveiling of an unprecedented instant fact-checking tool. VGLNT, the first real-time AI-powered fact checker that seamlessly integrates with your phone, has launched its operations, reflecting the region’s commitment to addressing the global fight against misinformation. With the rise of social media and AI, misinformation has become a billion-dollar problem, shaping public opinion and making it hard for users to discern what is real, fake, or AI-generated. This groundbreaking AI tool will empower customers to verify and validate what they consume…

By Mohamed Hashad, Chief Market Strategist, Noor Capital.  The minutes of the latest Federal Reserve’s monetary policy meeting as well as inflation data attracted most attention across trading markets for the week.The US dollar closed last week’s trading in an upward direction on the back of signals as well as messages included in FOMC Minutes for May’s meeting that was concluded on May 1, highlighting that there is a tendency within the Federal Open Market Committee to maintain the interest rate at the current record high.The US Dollar Index, which measures the performance of the US currency against a basket…

Core42, a G42 company and full-spectrum AI enablement solutions provider, is excited to announce the availability of its latest Arabic Large Language Model (LLM), JAIS 30B Chat, on Microsoft Azure. Announced by Satya Nadella, Chairman and CEO of Microsoft, at the kick-off of Microsoft Build 2024, this collaboration aims to simplify access to cutting-edge AI, enabling deployment across diverse industries. JAIS available through Microsoft Azure AI’s Model-as-a-Service offering, provides pre-trained model and infrastructure allowing customization to build with Core42’s models to meet diverse needs and specifications. The integration bridges the gap in generative AI accessibility for the world’s 422 million…

Taiba Investments, a leading hospitality and real estate company with a track record in managing, developing, and operating hotels and residential and commercial compounds across the Kingdom, has signed a new agreement with Sitecore, a leading provider of digital experience management (DXM) solutions. The agreement, announced during the Arabian Travel Market held in Dubai from May 6-9, 2024, marks a significant step in the company’s commitment to leveraging tech solutions to enhance its digital presence and scale up customer experiences. The signing of the MOU signifies a mutual intention to explore collaboration to utilize Sitecore’s DXM solutions. By leveraging Sitecore’s…

MERED, the renowned international real estate developer, is introducing innovative parking solutions at its award-winning flagship project, ICONIC Tower. In line with its mission to enrich people’s lives and provide its residents with a luxury urban lifestyle, MERED will integrate cutting-edge parking boxes with a range of features designed to enhance convenience, efficiency, and sustainability for residents, further solidifying ICONIC Tower’s reputation as a premier residential destination. Considering the region’s hot climate, each exclusive parking box is equipped with air conditioning and features separate access to the elevator lobby. This design not only enhances residents’ comfort but also preserves the…

Dubai, United Arab Emirates— Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the workforce with the launch of Prisma® SASE 3.0. Prisma SASE 3.0 now delivers Zero Trust to secure both managed and unmanaged devices with the industry’s first natively integrated enterprise browser, AI-powered data security, and acceleration of dynamic applications to perform up to five times faster. Anand Oswal, SVP and General Manager of Network Security, Palo Alto Networks: “Prisma SASE 3.0 is upending existing security approaches to close security gaps and address access challenges. The problem of securing unmanaged devices can…

Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…