Smartphone Shipments plummet

Deepak Singh
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Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

Canalys: Cloud marketplaces are rapidly gaining ground

Deepak Singh
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Canalys estimates that cloud marketplaces will grow to over US$45 billion by 2025, representing an 84% CAGR. Cloud marketplaces are accelerating as a route to market for technology, led by hyperscale cloud vendors such as Alibaba, Amazon Web Services, Microsoft, Google and Salesforce, which are pouring billions of development dollars into the sector. “The marketplace […]

Acer announces eKinekt BD 3 bike desk

Subha Bhargavi
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Acer has announced the eKinekt BD 3 bike desk, a desk combined with a stationary bike to empower sustainable and healthier lifestyles. The eKinekt BD 3 lets users exercise as they work by using kinetic energy from the rider’s pedaling to power the machine and charge devices.

UAE Cybersecurity Council awards EDGE at Intersec 2023

Deepak Singh
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JAHEZIYA, a single-stop service provider for defence solutions and emergency response services, was awarded by the Cybersecurity Council during Intersec 2023, the leading trade fair for Safety, Security & Fire Protection, held at the Ritz Carlton in Dubai from 16 to 18 January. JAHEZIYA is part of the Trading & Mission Support cluster at EDGE, […]

Khansaheb signs distribution agreement with LG for UAE HVAC units

Deepak Singh
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Khansaheb Industries has signed a distribution agreement with LG Gulf Electronics. The agreement will see Khansaheb Industries promote and sell LG heating, ventilation, and air conditioning (HVAC) products to the UAE market, providing greater product diversity to UAE consumers and businesses. The partnership was signed at Khansaheb’s head office in Dubai on January 16th in […]

Terra Drone raises $14mln from Aramco’s Venture Arm

Deepak Singh
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Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures, the venture capital of the 2nd biggest company in the world by market cap, Aramco Japanese drone and air mobility technology company Terra Drone Corporation has raised $14 million in funding from Wa’ed Ventures, the venture capital arm of the biggest oil […]

NEFC Group deploys Infor ERP to transform operations in UAE and Ethiopia

Deepak Singh
0
Infor has announced that NEFC Group, a UAE-based holding company that operates dealerships supplying machinery and heavy equipment for sectors including construction, power generation, automotive, and agriculture in the horn of Africa, has deployed Infor M3, a powerful equipment-focused enterprise resource planning (ERP) system to help it gain greater control of its business while raising […]
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