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 […]
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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 […]
Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4 percent in its third quarter, and overall sales for the company slowed down in the past couple of months, “particularly in geographies with unseasonably warm weather.” The company also trimmed its net profit forecast for the fiscal year ending January 2023. […]
There are 2 things in this world that money cannot buy; love, and health. While dating app algorithms do not and will never act in your best interest, we can at least say that we are well on the way to improve every person’s health through the use of AI for more specialized, precise, and […]
GCC Passengers to Benefit From New Global Air Traffic Management System Global digital enabler TXT Group (TXT) has been selected as the latest partner for Inmarsat and the European Space Agency (ESA)’s revolutionary Iris programme, which utilizes the latest generation of satellite technology to modernize air traffic management (ATM). Electronic flight bag application will lead to reduced fuel […]
HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 percent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC maker also forecast a lower-than-expected profit for the first quarter […]
Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned […]
Cyberattacks’ volume and sophistication level have continuously increased over the last few years. A more comprehensive portion of the economy is now potentially a target due to the digitalization of business. The Covid-19 pandemic caused more people to work from home, catalyzing the process. The attack surface is expanding as the number of connected devices […]
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, […]
In addition to battery power and renewable fuels, hydrogen has the potential to be a paradigm-shifting technology that will be crucial in developing the carbon-neutral civilizations of the future. A kind of energy called hydrogen has characteristics that can lower the overall amount of greenhouse gas emissions. While biofuels, battery-electric vehicles, and machines may already […]