ADFD announces agreement with MINT to hold shares in Thailand’s Tourism Sector

Abu Dhabi Fund for Development (ADFD has announced a USD 104.8 million (AED 385 million) agreement with Minor International Public Company Limited (“MINT”) to jointly hold shares in five tourist resort assets in Thailand, including Anantara Riverside Bangkok Resort, Avani, and Riverside Bangkok Hotel, Riverside Plaza Bangkok, Anantara Layan Phuket Resort and Four Seasons Resort […]
LG Electronics joins IBM Quantum Network to explore the application of Quantum Computing

IBM recently announced that LG Electronics has joined the IBM Quantum Network to advance the industry applications of quantum computing. By joining the IBM Quantum Network, IBM will provide LG Electronics access to IBM’s quantum computing systems, as well as to IBM’s quantum expertise and Qiskit, IBM’s open-source quantum information software development kit. LG Electronics […]
CES 2022: HHI Group partners with ABS for autonomous shipment tech

Avikus, Hyundai Heavy Industries (HHI) Group’s subsidiary specializing in autonomous navigation technologies for ships, partners with the American Bureau of Shipping (ABS) to collaborate on real-life trials of autonomous ship technologies. Avikus announced on January 9, 2022, in Las Vegas, where the world’s biggest tech show CES 2022 is taking place that it signed a […]
MFC announces its partnership with Shariyah Review Bureau

Saudi Arabian-based Mudaraba Financial company (MFC) announces today partnering up with Shariyah Review Bureau to ensure all aspects of its digital Mudaraba Sukuk issuance platform meet the requirements of Sharia approval. In line with Saudi Arabia’s regulatory frameworks for the innovation of financial technology (Fintech) in the capital market, the platform automates the Sukuk issuance […]
Zorloo introduces Zophia Wireless Earphone

Zorloo is pleased to introduce Zophia Wire. less Earphone that supports both wired or wireless operation. The Zophia brings together features like Bluetooth v5.2, AptX, USB-DAC, Lossless Hi-Res Audio, and MQA rendering in the earphone design. It is the first Hi-Res audio and MQA-ready earphone augmented with wireless features. Zophia combines the best wireless and […]
SMF introduces AI and ML systems in the Defi platform

Smart Finance recently announced its revolutionary decentralized finance (Defi) platform empowered by artificial intelligence (AI), machine learning (ML), and groundbreaking mathematics expectations (ME). The SMF token is a secure and cost-effective method to invest and trade on the cryptocurrency market. Smart Finance, which is finalizing its industry-leading technical designs for market release, is positioned as […]
FabricAID raises $1.6 million in a seed funding round through Wamda & Alfanar

FabricAID announces today the finalization of its 1.6 million USD seed funding round through investments by Wamda and Alfanar. FabricAID has raised a total of 2.1 million USD since its inception and has multiplied sales in 2021 by a factor of five, resulting in over 70,000 beneficiary consumers served to date. To effectively serve growing […]
Nvidia reveals new tech for mobility, logistic industry, and the Omniverse

At CES this week, the companies detailed their collaboration, which is aimed at easing the biggest pain points in AV development. Deloitte, a leading global consulting firm, is pairing with NVIDIA to offer a range of services for data generation, collection, ingestion, curation, labeling, and deep neural network (DNN) training with NVIDIA DGX SuperPOD. NVIDIA […]
CES 2022: ASUS announces latest innovations at Incredible Unfolds Virtual event

ASUS recently announced the latest lineup of innovations at the Incredible Unfolds virtual launch event, continuing the brand’s legacy of pushing the PC industry into new territory with the breakthrough foldable design of Zenbook 17 Fold OLED and the commemorative Zenbook 14X OLED Space Edition. In addition, the launch event showcased Zenbook 14 OLED, ASUS […]
CES 2022: Ottonomy introduces Ottobot an autonomous delivery robot

Recently at CES, Ottonomy unveils Ottobots, a fleet of fully autonomous delivery robots for restaurant and retail industries for both indoor and outdoor environments. Ottonomy recently made announcements in partnership with CVG Airport and Presto launching autonomous delivery robots in North America. “We are excited to unveil Ottobots at our first CES,” says Ritukar Vijay, […]