In 1949, Bell Labs researchers Claude Shannon and Warren Weaver outlined a basic framework for constructing communication networks in the book The Mathematical Theory of Communication. Many of their core ideas laid the foundations for the staggering improvements in communications networks and computers over the ensuing decades. But seminal ideas around the semantics and effectiveness of […]
ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, a leading Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, announced today they have established ADC Acquisition Corporation PJSC (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise […]
Footballco, the world’s largest digital football content and media business, has agreed to buy Kooora, the largest digital sports publisher in the Middle East in a mid-eight-figure all-cash deal. Kooora, the Dubai-based online sports publisher, has dominated online sports news and data in the Middle East since its launch in Bahrain in 2002 by founder […]
Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. SMEs using Microsoft Dynamics 365 will be able to access and unlock vital financing offers without leaving their business […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the three months’ period ended 31 March 2022. Net Profit attributable to the Shareholders of the Bank amounted to QAR 855 Million for the three months’ period ended 31 March 2022 representing a growth of 14% over the same period in 2021. […]
After establishing itself as an innovative asset management firm in the UAE under the regulation of ADGM, FinaMaze is set to enter the Saudi Arabian financial market to propagate financial innovation across the region. FinaMaze’s expansion to Saudi Arabia takes place under the selective Fintech Saudi Regulatory Accelerator Program. Governed by a committee consisting of the Saudi […]
HNI has announced the launch of a unique, interactive training course that aims to help businesses understand the benefits and opportunities of the Metaverse. The new program will help to build local knowledge and expertise in what is anticipated to be the next big technology platform, as experts predict its potential to grow into an […]
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the release of FortiOS 7.2, the latest upgrades to its flagship operating system and the foundation of the Fortinet Security Fabric. Over 300 new features enhance Fortinet’s ability to converge security at every network edge combined with the performance and scale needed […]
Hosted jointly by ATM and the International Tourism & Investment Conference (ITIC), this year’s summit will be held on Tuesday 10 May 2022, shining a spotlight on access to project finance in the post-COVID era. According to analysis from BNC Network, hotel contracts worth USD 4.5 billion are expected to be awarded in the GCC […]
On 24 March 2022, global security and surveillance leader Axis Communications presented its sixth and final high-impact technology conference about cybersecurity trends, risks, and best practices. Under the theme ‘Share in the discovery of cybersecurity’, the event highlighted the perpetual threat of cyber-attacks and the importance of having a strong foundation to detect, deter and […]
