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Learn more about @Vertiv's alignment with @nvidia below.
https://www.tahawultech.com/channel/vertiv-confirms-strategic-alignment-with-nvidia/
#Vertiv #NVIDIA #tahawultech
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Tahawul Tech
an hour ago
- Tahawul Tech
Japanese giant FUJIFILM opens new offices at Expo City in bid to expand its regional footprint
FUJIFILM Middle East and Africa has announced the inauguration of its new offices at Expo City Dubai, – an innovation-driven, people-centric community designed as a blueprint for sustainable urban living and the new centre of Dubai's future. The site will also host the FUJIFILM Technology Center (FTC) to support the training of employees, business partners, and end-users in the Middle East, Africa, Europe, and Asia. FUJIFILM brings world-renowned expertise and innovations to some of the region's vital sectors. As a global leader in healthcare, imaging and printing technologies, the firm supplies cutting-edge solutions in the UAE such as innovative diagnostic imaging systems helping raise the standard of care in the country and contributing to its development goals. The company is also preparing to launch AI-driven screening centers (NURA) in the region, reflecting its commitment to early detection and better health outcomes. Over the past five years, FUJIFILM has more than doubled its number of staff across its offices in the UAE, Saudi Arabia, Qatar, Egypt, Morocco, and South Africa. The establishment of its new offices in the UAE is part of the company's future-facing mindset, as well as efforts to increase proximity to end-consumers and key partners. The company also recorded impressive annual performance in 2024 and is looking to repeat the feat this year with an expected double-digit growth. H.E. Ken Okaniwa, Ambassador of Japan to the UAE, said: 'We welcome the inauguration of FUJIFILM's new offices and Technology Center in Expo City Dubai. This new investment by Japan's top company in healthcare, imaging and printing reflects the excellent relations between Japan and the UAE as well as the strategic position of the UAE as a global hub for business. I look forward to FUJIFILM's technologies contributing to better healthcare, promotion of industries and human capacity development.' Manal AlBayat, Chief Engagement Officer, Expo City Dubai, said: 'With its technologies used in vital sectors and its commitment to knowledge-sharing, FUJIFILM's choice of Expo City Dubai for its new offices and Technology Center reinforces the city's position as a hub for global businesses driving innovative solutions in the UAE and beyond. We are proud to welcome FUJIFILM to our innovation- and sustainability-focused community – an ecosystem where like-minded entities collaborate to drive meaningful progress.' The FUJIFILM Technology Center (FTC) is equipped with a comprehensive range of FUJIFILM solutions for live demonstrations, allowing visitors to try and test multiple products and services. Underscoring the global importance of the center for the company, Masataka Akiyama, President and CEO of FUJIFILM Europe, also stated: 'Our investment in the new offices and FUJIFILM Technology Center is a powerful enabler for product showcases, including a full-fledged center with hands-on training and lectures delivered by professionals in the UAE, Egypt, and Morocco. We are now also inviting imaging and printing experts to our new Dubai office space to facilitate the exchange of ideas and support the delivery of unrivaled solutions to our customers. The FUJIFILM Technology Center will be invaluable asset in the efforts to leverage our rich heritage of innovation and continue to serve as a benchmark for progress in the region.' Michio Kondo, Managing Director of FUJIFILM Middle East and Africa, commented: 'With the opening of our new offices at Dubai Expo City, FUJIFILM is starting the next exciting chapter of our success story in the Middle East. As we look to deepen our contribution to the region's prosperity and the wellbeing of its people by providing value through innovation and purpose-driven growth, our new space will be a focal point for co-creation, training, new partnerships, and the development of high-tech solutions to help enhance lives and economies.' At the end of last year, FUJIFILM signed six Memorandums of Understanding (MoUs) with prominent healthcare and medical institutions in Saudi Arabia. These partnerships aim to enhance healthcare solutions by promoting digitalization, improving efficiency, and delivering better patient outcomes, underscoring FUJIFILM's enduring collaboration with regional and Saudi organizations. FUJIFILM Middle East and Africa will also extend its commitment to the development of the region's talent, with plans to introduce new hires to support FTC operations and cement the company's leading role in knowledge sharing.
The National
2 hours ago
- The National
Will Donald Trump forgive Elon Musk after 'regrets' post?
Mercurial tech tycoon Elon Musk retracted some of his criticism of President Donald Trump early Wednesday morning, after the Tesla chief and the US leader had a public falling out last week. "I regret some of my posts about President Trump last week," he posted to X, the social media platform he owns. "They went too far." Given the range of posts directed at Mr Trump last week, it is not entirely clear which ones he is sorry for. Several days ago, however, Mr Musk did delete one of the more controversial posts in which he claimed Mr Trump was named in the Epstein files and that was why he had not released them. The documents, which have not been made fully public, concern the late sex offender Jeffrey Epstein and have long been the subject of speculation by Trump supporters, who have demanded their full release in the belief that they contain the names of high-ranking Democrats. Inclusion in the files does not necessarily imply any wrongdoing. Last week, shortly after Mr Musk announced his plans to step away from his role in the Trump administration, he used his social media platform to blast Mr Trump's much touted 'big, beautiful' tax bill, describing it as a 'disgusting abomination' that would blow up the national debt. The abrupt turn against Mr Trump's signature legislation came after the disintegration of the partnership between the two men that lasted more than a year and saw Mr Musk donate hundreds of millions of dollars to Mr Trump's presidential campaign. Many argue that crucial funding was the difference between victory and defeat for Mr Trump, who faced off against Democratic candidate Kamala Harris, who was then vice president. After Mr Trump's win, Mr Musk's remit was to cut federal waste through the newly formed Department of Government Efficiency. But within the first few months of the Trump administration, reports indicated Mr Musk's presence had begun to grate with the President. Some have argued that the partnership began to fracture when Mr Trump's advocacy for tariffs put a strain on the various entrepreneurial endeavours of Mr Musk. Mr Trump also sought to cease electric vehicle subsidies that had previously boosted Tesla's bottom line. Regardless, as of last week, there appeared to be no love lost between the two men, both of whom have a large social media presence. After the series of posts to X by Mr Musk, Mr Trump alleged that the Tesla chief had "lost his mind". So while it's unclear what caused the sudden, quasi-apology from Mr Musk, it probably all comes down to money. Mr Trump had posted to his own social media platform, Truth Social, that as a result of Mr Musk betraying him, he would try to halt all federal contracts with his various companies, such as Starlink, SpaceX and others. If that comes to fruition, Mr Musk could lose billions. Last week's posts also hurt the already wounded Tesla, whose stock dropped after Mr Musk began his tirade. Tesla has since recovered most of the value lost. On Wednesday morning, it was up more than 2 per cent shortly after the opening bell. What many are still wondering, however, is whether Mr Trump will forgive Mr Musk. He has yet to post anything in response, and it should be pointed out that Mr Musk has not exactly changed his mind and endorsed Mr Trump's tax and spending bill, seen as the culmination of many of the President's campaign promises.
The National
5 hours ago
- The National
A fragile truce reached during US-China trade talks
After 20 hours of intense negotiations in London – and a late-night delivery from a well-known restaurant – the US and China have emerged with a framework trade agreement that offers a pause in escalating tensions but falls short of a full breakthrough. US Commerce Secretary Howard Lutnick described the outcome with cautious optimism. 'We finally have meat on the bone,' he told reporters in London. 'This is progress – not just atmospherics – and it reflects meaningful give on both sides.' Three pillars of the London framework Tariffs stopped until August 10: Both nations have agreed to a temporary halt in tariff escalation to allow space for continued dialogue. Concessions from China have been agreed on to ease export controls on rare earth elements and industrial magnets, critical for the US defence and automotive sectors. This move is seen as a strategic opening, particularly given China's grip on global rare earth supplies. US concessions include a rollback on selected semiconductor restrictions, a signal that Washington is open to de-escalation in the sensitive tech space. Implementation or illusion? The agreement is now in the so-called 'implementation phase', awaiting ratification by Chinese President Xi Jinping and US President Donald Trump. But the reaction from financial markets is one of cautious recalibration. 'Markets have seen the movie of a US-China deal falling apart, so too have markets seen the patch-up movie many times,' said veteran analyst Terry Haines at Pangaea Policy. Equities, bonds and foreign exchange markets registered only marginal moves. The hesitation is rooted in scepticism, given the long history of similar efforts unravelling. 'China's not interested in geopolitical moderation,' Mr Haines said. 'Today's geopolitical situation argues against China wanting to do any broad deals – especially with China's client states, Russia and Iran, both becoming more belligerent and difficult over the past week.' Cynicism or realism? The broader concern among analysts is that China may be engaging in what's been called 'extend and pretend' – offering incremental concessions to avoid conflict while avoiding deeper structural change. What happens next? Markets and risk takers have a simplistic take on 'fool me once, shame on you. Fool me twice, shame on me'. The framework agreed to in London represents a moment of stability in a volatile relationship, but few are mistaking it for a turning point. Markets, policymakers and analysts alike are watching closely – not for more words, but for tangible implementation and long-term change.
