Kingdom

Red Hat Collaborates with stc Group to Deploy New Edge and 5G Services Faster

Retrieved on: 
Tuesday, February 27, 2024

With Red Hat OpenShift , Cisco system integration and Cisco Network Services Orchestrator (NSO), stc is now able to host multiple cloud-native network functions (CNFs) from various ecosystem vendors with automated deployment and operations.

Key Points: 
  • With Red Hat OpenShift , Cisco system integration and Cisco Network Services Orchestrator (NSO), stc is now able to host multiple cloud-native network functions (CNFs) from various ecosystem vendors with automated deployment and operations.
  • As a result, stc is on a path to reduce total cost of ownership and address the enterprise market with new edge and 5G services.
  • stc Group provides digital infrastructure, cloud computing, automation, DevOps practices and other digital services through its subsidiaries across the Kingdom of Saudi Arabia.
  • Red Hat is pleased to support stc in its drive to deliver new revenue streams, automated operations and an open vendor ecosystem.”

Expro Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.

Key Points: 
  • Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.
  • Adjusted cash flow from operations1 for the fourth quarter of 2023 was $43 million compared to $64 million for the third quarter of 2023.
  • Unless otherwise noted, the following discussion compares the quarterly results for the fourth quarter of 2023 to the results for the third quarter of 2023.
  • Depreciation and amortization expense was $63 million for the fourth quarter of 2023 compared to $37 million for the third quarter of 2023.

ACWA Power and Larsen & Toubro Select Nextracker’s All-Terrain Solar Trackers for Al Kahfah Solar Park

Retrieved on: 
Wednesday, February 21, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240220787134/en/
    NX Horizon-XTR featured on a utility-scale solar power plant 250 MW.
  • (Photo: Nextracker)
    Al Kahfah is one of the three major solar PV Independent Power Producer (IPP) projects being led by Badeel and ACWA Power.
  • Global construction giant L&T has also been awarded the engineering, procurement, and construction contract for the Al Kahfah Solar Power Plant.
  • Nextracker previously partnered with ACWA Power and L&T on the Sudair Solar PV Plant (906 MW) to provide its intelligent solar trackers boosting energy generation for these plants.

FileCloud Launches Enhanced Compliance, Data Protection, and AI Capabilities for Secure Content Collaboration

Retrieved on: 
Thursday, March 7, 2024

AUSTIN, Texas, March 7, 2024 /PRNewswire/ -- FileCloud, a leader in content governance and collaboration for unstructured data, today announced several new product advancements to help customers meet enterprise data protection requirements.

Key Points: 
  • AUSTIN, Texas, March 7, 2024 /PRNewswire/ -- FileCloud , a leader in content governance and collaboration for unstructured data, today announced several new product advancements to help customers meet enterprise data protection requirements.
  • "FileCloud makes it simple for enterprise organizations to meet their content governance, privacy and compliance requirements, specifically when there are complex objectives in hybrid environments," said Jason Dover, Chief Product Officer at FileCloud.
  • "Our goal is to create solutions that enable customers to balance risk management with easy and frictionless content collaboration inside and outside their firewall boundaries.
  • This new functionality in FileCloud can bring automated organization and data management to  content sets  in conjunction with cloud services.

Riyadh Air and IBM Take Further Steps Forward in their Collaboration to Redefine Travel Experiences

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.
  • "We're on a mission to shape the future of air travel at Riyadh Air," said Tony Douglas, CEO at Riyadh Air.
  • "We're excited to extend our collaboration with Riyadh Air, working together to revolutionize the way people experience travel," said Arvind Krishna, Chairman and CEO at IBM.
  • This announcement builds upon Riyadh Air's ongoing collaboration with IBM Consulting, establishing the technology foundation for the digitally-led airline.

Riyadh Air and IBM Take Further Steps Forward in their Collaboration to Redefine Travel Experiences

Retrieved on: 
Wednesday, March 6, 2024

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.

Key Points: 
  • RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline's travel experiences.
  • "We're on a mission to shape the future of air travel at Riyadh Air," said Tony Douglas, CEO at Riyadh Air.
  • "We're excited to extend our collaboration with Riyadh Air, working together to revolutionize the way people experience travel," said Arvind Krishna, Chairman and CEO at IBM.
  • This announcement builds upon Riyadh Air's ongoing collaboration with IBM Consulting, establishing the technology foundation for the digitally-led airline.

ITANDI and RENOSY (Thailand) Collaborate and Begin Development of a Real Estate SaaS Business in Thailand

Retrieved on: 
Tuesday, March 5, 2024

TOKYO, March 5, 2024 /PRNewswire/ -- GA Technologies Co., Ltd. (Head office: Minato-ku, Tokyo; President, Representative Director and CEO: Ryo Higuchi, Stock Code: 3491; the "Company") hereby announces that ITANDI, Inc., a group company, and another group company RENOSY (Thailand) Co., Ltd. have decided to collaborate and start business development in the Kingdom of Thailand ("Thailand," hereafter), with details as follows.

Key Points: 
  • ITANDI will leverage the track record and expertise it has developed in Japan with its real estate tech business including SaaS service with the aim of expanding business in the area.
  • To establish a default standard in the Southeast Asia region where real estate digital infrastructure is underdeveloped, ITANDI will further accelerate the global development of online real estate.
  • The GA technologies Group company ITANDI, which develops platforms including systems that improve business efficiency for the real estate rental management and rental brokerage sectors, has employed technology to streamline real estate transactions.
  • To date, the GA technologies group has cultivated expertise in online real estate and real estate SaaS in Japan.

Neweast and Isuzu Launch Groundbreaking Partnership in KSA

Retrieved on: 
Thursday, February 29, 2024

DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- In a landmark move that marks a new chapter in the automotive industry, Neweast has joined forces with Isuzu Motors, unveiling their strategic partnership with opening a state-of-the-art dealership in the Kingdom of Saudi Arabia (KSA). This collaboration, symbolized by a February 23, 2024 signing ceremony, sets a new standard for innovation and leadership in automotive excellence.

Key Points: 
  • DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- In a landmark move that marks a new chapter in the automotive industry, Neweast has joined forces with Isuzu Motors, unveiling their strategic partnership with opening a state-of-the-art dealership in the Kingdom of Saudi Arabia (KSA).
  • Strategically positioned in the bustling heart of KSA, the Neweast and Isuzu dealership boasts an exceptional location that bridges opportunity with convenience.
  • This partnership is not just about proximity; it's about setting a new benchmark for service and accessibility in the automotive world.
  • "Neweast and Isuzu are not just driving trucks; we're driving change," the partnership declares, emphasizing their commitment to setting new industry standards in alignment with the Kingdom Vision 2030.

Neweast and Isuzu Launch Groundbreaking Partnership in KSA

Retrieved on: 
Thursday, February 29, 2024

DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- In a landmark move that marks a new chapter in the automotive industry, Neweast has joined forces with Isuzu Motors, unveiling their strategic partnership with opening a state-of-the-art dealership in the Kingdom of Saudi Arabia (KSA). This collaboration, symbolized by a February 23, 2024 signing ceremony, sets a new standard for innovation and leadership in automotive excellence.

Key Points: 
  • DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- In a landmark move that marks a new chapter in the automotive industry, Neweast has joined forces with Isuzu Motors, unveiling their strategic partnership with opening a state-of-the-art dealership in the Kingdom of Saudi Arabia (KSA).
  • Strategically positioned in the bustling heart of KSA, the Neweast and Isuzu dealership boasts an exceptional location that bridges opportunity with convenience.
  • This partnership is not just about proximity; it's about setting a new benchmark for service and accessibility in the automotive world.
  • "Neweast and Isuzu are not just driving trucks; we're driving change," the partnership declares, emphasizing their commitment to setting new industry standards in alignment with the Kingdom Vision 2030.

Huawei Announces Several Digital Talent Initiatives for 2024 at the Huawei Talent Summit

Retrieved on: 
Wednesday, February 28, 2024

The theme of the event was "I C Talent: Nurturing Excellence in a Digital World".

Key Points: 
  • The theme of the event was "I C Talent: Nurturing Excellence in a Digital World".
  • "Youth aged 18 to 28 can submit their ideas for community projects addressing the digital divide and receive funding, mentoring, and training for implementation."
  • Duan Xiaolei, General Manager of Huawei Cloud's Global Startup Ecosystem, introduced Huawei Cloud's enablement plans for global startups.
  • Vicky Zhang, Vice President of Huawei's Corporate Communications Dept, said, "Huawei has long been committed to cultivating digital talent around the world.