Etisalat, G42 to create UAE’s largest data centre provider

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ABU DHABI / WAM Etisalat Group and G42 have announced the signing of a binding agreement to merge their data centre (DC) offering in the UAE. A total of twelve data centres will be combined in a new joint venture business operating under Khazna Data Centres, creating the UAE’s largest data centre provider. G42 and Etisalat Group will each own ...

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UAE launches ‘pioneers of digital economy’ initiative

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DUBAI / WAM The UAE government has launched “Pioneers of the Digital Economy” initiative, which aims to enhance capabilities of young talents and provide them with the knowledge and expertise needed to develop advanced future technology that will positively influence the UAE’s economy. The initiative also targets empowering talents to compete for the best job opportunities in global leading companies ...

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UAE council, Etisalat complete ‘Bug Bounty’ pilot programme

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ABU DHABI / WAM The UAE Cybersecurity Council and Etisalat have announced the successful completion of the first Bug Bounty pilot programme in collaboration with Beacon Red and Yogosha, during Gitex Technology Week 2021. The telecom company has signed a partnership agreement with Yogosha, a leading European crowdsourced cybersecurity company, and Beacon Red, a defense consulting firm, to launch the ...

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DP World launches ‘CARGOES Logistics’ new digital platform

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DUBAI / WAM DP World on Wednesday announced the launch of its new digital logistics platform, CARGOES Logistics. The platform provides customers with a single-window solution enabling seamless, safe, secure, and efficient movement of their cargo. With CARGOES Logistics, customers can choose from multimodal logistics options, ship freight by sea, road, and/or rail, get instant quotes, swift booking confirmation and ...

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India can do more on climate by 2030 even as it snubs net-zero

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Bloomberg India plans to take more ambitious climate action by 2030, even as the nation pushes back against pressure to set a target for net-zero greenhouse gas emissions. The country has already mostly met a goal of having 40% of installed power capacity from non-fossil fuel sources, and has options to extend that action, Finance Minister Nirmala Sitharaman said in ...

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UK tries to play down ‘tax talks’ for net zero goal

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Bloomberg UK Business Secretary Kwasi Kwarteng sought to damp speculation that taxes will have to rise in order to fund the government’s green goals a day after the Treasury said it would need to consider new sources of revenue to pay for the transition. “I don’t think that tax rises are inevitable,” Kwarteng said when asked on LBC radio what ...

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China’s new renewable project rivals all wind, solar in India

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Bloomberg China has started building a massive renewable energy project that’s bigger than all of the wind and solar power in India. Construction on the first phase, comprising 100 gigawatts of wind and solar, in the desert has started smoothly, President Xi Jinping said via video link at a United Nations Biodiversity Conference in Kunming. That’s more than the entire ...

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Facebook shouldn’t be all about metaverse right now

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Facebook Inc is planning to change its name to something related to the metaverse, a new digital network for communicating through augmented and virtual reality, according to a report in The Verge, which cites a source with direct knowledge. Over the weekend, the company also said that as part of its metaverse-building efforts, it would hire 10,000 high-skilled jobs in ...

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Foxconn’s EV plan is bigger than Apple

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If you turn Foxconn Technology Group’s latest product sideways, it looks remarkably like the smartphones the Taiwanese company makes for Apple Inc. Except the electric bus, a sleek, shiny vehicle with rounded corners and no mirrors, heralds the firm’s slow and deliberate journey away from that one famous client to which it’s become addicted. Separating the rise of Foxconn from ...

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