Tap, Add, Done. Visa Launches Tap to Add Card in Kuwait, Enhancing the Ease and Security of Adding Cards to Digital Wallets
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Al Bawaba
7 hours ago
- Al Bawaba
"Blue Homeland" at sea: Turkey challenges rivals with a modernized navy
Published August 17th, 2025 - 05:59 GMT ALBAWABA - With naval might as a major component of its regional policy, Turkey is once again demonstrating its might at sea, fifty years after its military intervention in Cyprus. What started out as a force mainly responsible for protecting the straits in 1974 has developed into a tool of influence that spans the Mediterranean, the Aegean, and the Black Sea. The "Blue Homeland" ideology, which was first proposed in the middle of the 2000s, is the foundation of this expansion. It states that more than 460,000 square kilometers of surrounding waters are vital to Turkey's security and sovereignty. In addition to spurring investments in naval modernization, this ideology has intensified disagreements over offshore gas development and maritime borders with Greece, Cyprus, and their European allies. When Turkey's fleet conducted simultaneous operations in the Black Sea, the Aegean, and the Mediterranean during the biggest naval exercises in its history in 2019, its aspirations were clearly visible. Many saw the exercise as a sign that Russia was prepared to defend its maritime claims against competing coalitions that were emerging in the area. By establishing a military facility in Somalia, trying to get port access in Sudan, and bolstering its presence in the Indian Ocean, Ankara has attempted to expand its influence outside of its nearby waterways. Under President Recep Tayyip Erdoğan, the Turkish Navy has rapidly modernized. With the ability to deploy Bayraktar drones and helicopters, its flagship, the TCG Anadolu, has gone into service as the first drone carrier in history. Modern frigates and corvettes have been constructed by the MILGEM shipbuilding program, and the fleet is expanding with new Type-214 submarines. Plans are also in place to have a totally indigenous submarine within the next ten years. The TF-2000 destroyer and a new aircraft carrier called MUGEM are planned for the future, which would increase Turkey's military projection even more. In addition, Ankara has turned its shipbuilding sector into a geopolitical instrument and a financial asset by exporting weapons to countries like Pakistan, Ukraine, and Turkmenistan. Notwithstanding these developments, Turkey's naval ascent remains fraught with difficulties. In a regional conflict, competing coalitions of France, Israel, and Egypt may provide a powerful counterweight, while Greece's geographic advantage in the Aegean limits Turkish naval movement. 🇹🇷 Mavi Vatan'da bir kere daha tarih yazıldı! TCG İSTANBUL'da yer alan Roketsan'ın geliştirdiği Milli Dikey Atım Lançer Sistemi'nden ateşlenen HİSAR-D RF füzesi hedef uçağı imha etti. — Savunma Plus (@savunmaplus) August 15, 2025 Long-distance flights are challenging because to logistical constraints, especially in refueling capacity, and the nation's economic instability raises questions about the viability of such expensive initiatives. However, Turkey's strong reliance on imported energy forces it to gain access to disputed Eastern Mediterranean gas deposits, which exacerbates tensions in the region. According to analysts, Turkey has already shifted the balance of power in the waters around it and established itself as a vital regional player. Ankara's expanding fleet and strong maritime policy have made it impossible to ignore its aspirations, even though it is still far from becoming a global naval force. They claim that the current issue is not if Turkey has a powerful fleet but rather to what extent it plans to employ it. © 2000 - 2025 Al Bawaba (
Al Bawaba
20 hours ago
- Al Bawaba
NBB Recognised Among Forbes Middle East's Top 10 Listed Companies in Bahrain for 2025
The National Bank of Bahrain (NBB) has been named one of Bahrain's Top 10 Listed Companies in 2025 by Forbes Middle East, further affirming the Bank's financial resilience and market annually, the prestigious ranking evaluates publicly listed companies in the Kingdom against key performance indicators, including sales, assets, profits, and market value. NBB's inclusion reflects its ongoing growth strategy, strong governance, and ability to sustain robust performance in a competitive market. This recognition further underscores NBB's broader objectives to deliver long-term value for shareholders and clients, reinforcing its position as a trusted institution and a pillar of Bahrain's financial industry. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Al Bawaba
5 days ago
- Al Bawaba
SAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Customers Attract and Retain Top Talent
SAP (NYSE: SAP) and SmartRecruiters have announced that SAP has entered into an agreement to acquire SmartRecruiters, a leading talent acquisition (TA) software provider. SmartRecruiters' deep expertise in high-volume recruiting, recruitment automation, and AI-enabled candidate experience and engagement are considered an ideal addition to the SAP SuccessFactors human capital management (HCM) suite. The planned acquisition will strengthen SAP's all-in-one HCM suite, so customers have the tools they need to attract and retain top talent in an increasingly competitive powerful, user-friendly interfaces and seamless workflows will complement SAP's robust HR tools – improving decision-making, reducing time-to-hire and providing a better experience for candidates. Embedded analytics and AI-driven recommendations from both companies will provide rich insights into talent pools, hiring bottlenecks and workforce planning.'Hiring the right people is not just an HR priority – it's a business priority. With this planned acquisition, we will help our customers attract and hire the best talent so they can advance their talent acquisition agendas with speed and agility, while lowering their total cost of ownership,' said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering. 'Customers will be able to manage the entire candidate lifecycle — from sourcing and interviewing to onboarding and beyond — all in a single system to streamline the experience for recruiters, hiring managers, and, in particular, candidates.'Customers can expect enhanced and AI-enabled recruiting and hiring capabilities, making applicant tracking and candidate screening more efficient. Data-driven hiring and recruitment analytics will flow directly into SAP's existing HCM tools, providing a single system of record and harmonized data for compliant, seamless operations. The SmartRecruiters portfolio will also continue to be available standalone for the foreseeable Software-as-a-Service solutions and platform enable more than 4,000 organizations globally to efficiently manage their hiring workflows end-to-end, offering a compelling experience to recruiters, hiring managers and CEO, Rebecca Carr said, 'SmartRecruiters' mission has always been to make hiring easy. Joining forces with SAP presents a tremendous opportunity for enterprises worldwide to benefit from our industry leading approach to talent acquisition. I couldn't be more excited for the opportunity this planned acquisition presents for our customers, partners and employees as we build the future of hiring together." The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approvals. Terms of the transaction were not disclosed. J.P. Morgan served as exclusive financial advisor to SmartRecruiters.
