IFS Attracts EUR 15 billion Valuation as Demand for Industrial AI Soa
· Hg increases its stake in enterprise software provider IFS and becomes co-control shareholder alongside EQT, while existing minority shareholder…
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WIPO launches new AI Infrastructure Interchange to address IP challenges in the AI era
WIPO has launched the AI Infrastructure Interchange (AIII), a global initiative bringing together experts to address intellectual property challenges in the age of AI. It will map existing copyright systems and explore solutions around data access, attribution, and rights management to modernize IP infrastructure.
Telecommunication Services Expanded to Eight Remote Districts in Helmand Province
Telecommunication services have been extended to eight remote districts in southern Helmand province, following a report by Pajhwok Afghan News. The Ministry of Telecommunication and Information Technology is working to improve communication infrastructure, with plans for 70 new telecom sites and the expansion of 4G internet services in the coming year.
Damac Properties to Invest $20 Billion in US Data Centres, Announced by President-Elect Trump
Damac Properties has announced a $20 billion investment in the US to develop data centres, aiming to support AI and cloud businesses. The investment, part of the first phase in several US states, reflects the company’s ongoing global expansion. This follows previous investments in Saudi Arabia, Thailand, and Turkey.
PTA Urges Consumers to Ensure Mobile Device Registration for a Secure Digital Ecosystem
The PTA has urged consumers to register their mobile devices by paying taxes and duties to the FBR. This initiative, in collaboration with the FBR, aims to regulate mobile devices, combat smuggling, and ensure secure, compliant mobile services in Pakistan. Consumers are encouraged to buy PTA-approved devices.
Morocco’s “AI Made in Morocco” Strategy: A 100 Billion Dirham Vision
Morocco’s “AI Made in Morocco” initiative targets a 100 billion dirham GDP boost and 50,000 new jobs by 2030. Key developments include the Al-Jazari Institute for Industry X.0 and a national network of centers of excellence. The strategy emphasizes technological sovereignty and ethical AI, positioning Morocco as a regional leader in digital transformation.
Oman Participates in Second Gulf Housing Conference in Kuwait
Oman joined Gulf states in Kuwait for the Second Gulf Housing Conference to share expertise on sustainable housing and urban development. The event provided a platform to highlight Oman’s Vision 2040 housing initiatives, strengthen regional partnerships, and promote innovation in building affordable, modern, and resilient communities.
HONOR Launches Magic V5, the World’s Slimmest Foldable Smartphone, in Bangladesh
HONOR has launched the Magic V5 in Bangladesh, the world’s slimmest foldable phone at 4.1mm thin and 217g weight. Featuring crease-free folding, Snapdragon 8 Elite performance, a silicon-carbon battery, and AI Falcon cameras, the device sets new standards in durability, design, and power, complemented by exclusive pre-order offers.
Egypt and France Discuss Strengthening Bilateral Ties in ICT and AI
Egypt’s Minister of Communications met with the French Ambassador to discuss attracting greater French investment in Egypt’s ICT sector, focusing on AI and digital outsourcing. The meeting also included plans for Egypt’s participation in the upcoming AI Summit and a French business forum, highlighting the country’s growing digital capabilities.
Orbitworks and Shory Partner to Advance Satellite Insurance and Space Data Solutions
Orbitworks and Shory have announced a partnership focused on advancing satellite insurance and space data capabilities, reflecting growing convergence between…