Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
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More homes and businesses are converting to smart meters as consumers become more aware of their power bills, especially during a period of rising expenses. You can manage your gas and electricity usage with the help of these wirelessly linked gadgets, and the information is also shared with your energy supplier. In this article, we’ll […]
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration. His first go-to-market company was Monty Mobile, adapting various cutting-edge technologies to provide 4G and 5G wireless solutions and value added services, Messaging, Omnichannel, eSIM, and many other solutions which have been greeted enthusiastically […]
EEG Chairperson Habiba Marashi inaugurates ‘CarbonTek’, a new online tool which measures & analyses carbon emissions and supports businesses towards net zero Dubai, United Arab Emirates, 08 November 2022: Leading UAE-based smart and green FM company Farnek has launched a state-of-the-art online carbon footprint calculation tool, ‘CarbonTek’ which can measure and analyse carbon emissions and identify carbon […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
In a move that could set back China’s tech ambitions by as much as a decade, U.S President Joe Biden is chipping away at the China chip industry. This move aims to stifle Beijing’s tech and military ambitions. The actions are intended to stop China from receiving essential technology that may be used in a […]
Chinese battery giant CATL has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, two people with knowledge of the matter sa The world’s largest battery maker, which supplies one of every three electric vehicles, has been considering opening […]
Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday. Taiwan is a major producer of chips used in everything from cars and smartphones to data centres and fighter jets, and Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world’s largest contract […]
Australian telecom giant, Optus, fell victim to a hack. Exposing nearly 2.1 million of its current and previous clients suffered a data leak of their personal and critical information. With at least one form of their identification number leaked due to the breach. Optus infotech has already started its quest to try and save itself. […]
Dubai, UAE, 11 October 2022: du, from Emirates Integrated Telecommunications Company (EITC), has strengthened its partnership with Fazaa initiative to offer exclusive benefits to cardholders across the UAE. The Memorandum of Understanding (MoU) was signed at GITEX Global 2022 – enabling the telco to provide unique mobile offers and greatest benefits to its members and […]