International Holding Company plans to sell 20 percent of its technology unit in an initial public offering next year, its CEO told Reuters, adding that the UAE’s IHC is aiming for a first quarter IPO of Pure Health to raise more than $1 billion. IHC, which rose from relative obscurity to become the United Arab […]
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The world is just learning to walk again after the pandemic. Yet the news of an economic downturn is already circulating fast. Information technology solutions proved vital in understanding and overcoming obstacles. Making it a logical choice to rely further on information technology solutions to lessen the weight of the upcoming economic downturn. Technology advances […]
The European Investment Bank has granted OVHcloud a 200 million euro ($208.18 million) loan to support the French software group’s expansion in Europe, they said in a joint statement on Friday. The funding will support OVHcloud’s plan to ramp up international development by opening 15 new data centres, of which 10 will be located in […]
As long as client devices can operate in the 3.5 GHz range, the applications for CBRS are limitless. Compared to Wi-Fi which uses unlicensed bands, which are prone to competition from competing technologies. CBRS is typically on its own lane. You can utilize CBRS for financial advantages. In some circumstances. CBRS will be the most […]
Canada’s main stock index rose on Wednesday to its highest closing level in five months, lifted by technology and industrial shares as the Federal Reserve signaled it could slow the pace of interest rate hikes. The Toronto Stock Exchange’s S&P/TSX composite index ended up 62.25 points, or 0.3 percent, at 20,282.26, its highest closing level […]
Edge computing and the technology that enable it are fast growing and drawing new participants, opening up new opportunities for organizations and service providers. Operators are targeting the edge computing market and leveraging technology to rise up the value chain and create more income from their networks and services. Edge computing also provides an opportunity […]
World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the Federal Reserve’s latest policy meeting showed U.S. central bankers looking to soon moderate the pace of interest rate hikes. A “substantial majority” of Fed policymakers agreed it would “likely soon be appropriate” to slow the pace of interest rate hikes, the […]
Dubai, UAE, 24 November 2022: In celebration of the much-anticipated football season, Samsung is set to give the MENA region its first-ever Roblox Space Cup tournament in December. Samsung released Space Tycoon, a virtual playground built inside the global Metaverse platform Roblox earlier this year, targeting primarily Gen Z customers to create, play games and share […]
EU countries on Wednesday agreed to a 45-billion-euro ($46.6 billion) plan to fund the production of chips, putting the 27-country bloc a step closer to its goal of reducing its reliance on U.S. and Asian manufacturers. EU envoys unanimously backed an amended version of the European Commission’s proposal, the Czech Republic which holds the rotating […]
South Africa is the third largest economy on the continent and has remained robust in these uncertain times. Many consider South Africa the front door to investing there. Consequently, it has attracted investors from all over the world. Recently, these investments in South Africa have come from China and the Middle East. The economy in […]