UAE

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Turning the page on the Industry’s Future, Innovation and AI are under the Spotlight at Paperworld Middle East and Gifts and Lifestyle Middle East  

Turning the page of Innovation has been a key topic of discussion at Paperworld Middle East and Gifts and Lifestyle…

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Technology

Positive Technologies Helps Resolve zero-day Vulnerability in Windows  

Microsoft released an update for a range of Windows products to resolve the CVE-2024-43629 vulnerability discovered by Sergey Tarasov from…

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News

Emirates to back DP World Tour Extending Partnership until 2031 

Emirates and the DP World Tour have signed an agreement for the airline to extend its status as the Official…

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Business

Agility Reports Q3 2024 Net Profit of KD 10 Million  

 Q3 2024 (Million KD) Q3 2023 (Million KD) Variance (%) 9M 2024 (Million KD) 9M 2023 (Million KD) Variance (%) Revenue 411.0 360.8 14% 1,122.7 1,009.2 11% Net Revenue 260.0 212.8 22% 720.0 599.7 20% EBITDA 70.0 58.7 19% 204.2 179.6 14% EBIT 44.8 33.8 33% 129.4 110.1 18% Net Profit 10.1 28.0 -64% 34.8 57.5 -40% EPS (fils)  4.04 11.23 -64% 13.93 23.03 -40%  Numbers above are rounded.   Agility, a supply chain…

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Business

Pemo Hits AED 1.4BN in Transactions Secures $7M in Pre-Series A Led by Augmentum Fintech and Shorooq 

Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the…

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Technology

Gartner Predicts Power Shortages Will Restrict 40% of AI Data Centers By 2027

AI and generative AI (GenAI) are driving rapid increases in electricity consumption, with data center forecasts over the next two years reaching…

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News

UAE President Attends COP29 World Leaders Climate Action Summit, Reiterates Importance of Accelerating Climate Action

President His Highness Sheikh Mohamed bin Zayed Al Nahyan today attended the opening session of the COP29 World Leaders Climate…

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Technology

New NetApp Storage Offerings Modernize Workloads for Businesses of All Sizes 

NetApp®, the intelligent data infrastructure company, today announced updates to its portfolio of enterprise storage offerings including new NetApp AFF…

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Technology

October 2024’s Most Wanted Malware: Infostealers Surge as Cyber Criminals Leverage Innovative Attack Vectors 

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, has released…

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News

Hamdan bin Mohammed gives the Starting Signal for the Implementation of the First Air Taxi Station in Dubai

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence…

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