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"We're entering this transition from a position of strength and bringing real-world experience to meet the demands of the AI factory".
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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Zawya
43 minutes ago
- Zawya
Oil prices steady ahead of US-China trade talks
Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures gained 11 cents, or 0.2%, to $66.58 a barrel by 1312 GMT while U.S. West Texas Intermediate crude rose by 6 cents, or 0.1%, to $64.64. Brent rose 4% last week and WTI 6.2% as the prospect of a U.S.-China trade deal boosted risk appetite for some investors. U.S. President Trump and China's leader Xi Jinping spoke on the telephone on Thursday before U.S. and Chinese officials meet in London on Monday in an effort to calm trade tensions between the two nations. A trade deal between the U.S. and China could support the global economic outlook and in turn boost demand for commodities including oil. Monday's talks could dampen the impact on prices of a slew of Chinese data releases, said IG market analyst Tony Sycamore. Chinese export growth slowed to a three-month low in May as U.S. tariffs curbed shipments while factory gate deflation deepened to its worst in two years, heaping pressure on the world's second-largest economy at home and abroad. "Bad timing for crude oil, which was testing the top of the range and knocking on the door of a technical break above $65," Sycamore said, referring to WTI prices. The data also showed that China's crude oil imports declined in May to the lowest daily rate in four months as state-owned and independent refiners began planned maintenance. The prospect of a potential China-U.S. trade deal outweighed concern over the price impact from increased output by the OPEC+ group of oil producers next month. (Reporting by Robert Harvey in London, Florence Tan in Singapore and Colleen Howe in Beijing. Additional reporting by Ahmad Ghaddar in London Editing by David Goodman and David Evans)
Zawya
an hour ago
- Zawya
Redington and Autodesk expand strategic relationship into new markets
Dubai, United Arab Emirates – Redington, a leading technology aggregator and innovation powerhouse across emerging markets, today announced the expansion of its relationship with Autodesk, a leader in software for architects, builders, engineers, designers, manufacturers, 3D artists and production teams. Redington previously supported Autodesk in the UAE, Bahrain, and Oman, and will now extend to additional key markets including Saudi Arabia, Qatar, and Kuwait. In expanding the relationship with Autodesk, Redington will work closely with the channel ecosystem to deliver Autodesk's industry-leading technology solutions, supporting sectors including construction, manufacturing, engineering, and media and entertainment. By bridging the gap between concept and construction, Redington and Autodesk aim to empower organizations to innovate faster, build smarter, and drive sustainable growth. Dharshana Kosgalage, Executive Vice President, Technology Solutions Group, Redington, said, 'At Redington, we are dedicated to empowering our partners and customers with world-class technologies that drive digital innovation. Expanding our relationship with Autodesk further strengthens our portfolio, enabling us to help businesses transform the way they design, build, and operate in today's fast-changing landscape. Together with our channel partners, we're committed to driving the growth of the Autodesk business by providing robust support, comprehensive training, and the tools they need to succeed — empowering them to deliver exceptional value to customers across the region.' Claudette Reuter, senior manager, emerging markets channel sales, Autodesk, comments, 'We're excited to expand our collaboration with Redington into new markets across the region. With Redington's strong channel network, local expertise, and commitment to customer success, more organizations will now have access to the technology and skills needed to drive impact where it matters most for their business. Together, we aim to deliver greater value to our customers across the Gulf.' Autodesk's powerful suite of solutions—from 3D design and visualization to real-time collaboration and project delivery—will be made more accessible through Redington's deep regional presence and expertise. Together, the two companies aim to foster a new era of digital excellence across the Middle East, helping businesses streamline operations, enhance creativity, and realize smarter, more sustainable outcomes. About Redington Redington is a thriving technology solutions provider with over US$10 billion in revenues, with a network of 450+ international brands across 40 markets in the IT space. Redington was ranked 7th globally by renowned research firm Canalys based on 2023 revenues. It is projected to be one of the fastest-growing distributors in the world. Redington not only bridges the gap between innovation and adoption; it masterfully navigates and dissolves the complexities of technology friction—the multifaceted challenges that emerge as technology evolves and integrates into various markets. Addressing key market, technology, and knowledge frictions, Redington empowers businesses to thrive in complex and evolving landscapes. By transforming these frictions into opportunities, we drive profound technological impact and accessibility. Redington ensures seamless distribution across IT/ITeS, Telecom, Lifestyle, and Solar sectors in regions including India, South East Asia, the Middle East, Africa, and Turkey. About Autodesk The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit or follow @autodesk. #MakeAnything Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
Economy ME
an hour ago
- Economy ME
stc Group successfully supports over 1.6 million pilgrims with advanced digital solutions during 1446 Hajj season
During the 1446 Hajj season, stc Group supported over 1.6 million pilgrims with a robust digital ecosystem, ensuring seamless connectivity, secure communication and an exceptional spiritual experience. The group managed the holy season with outstanding readiness and reliability, elevating pilgrims' experience through advanced telecommunications infrastructure and dedicated onsite maintenance teams. stc utilized its integrated operations center to monitor all performance indicators in real time, while leveraging cutting-edge analysis and network operation technologies to make swift, precise decisions and ensure uninterrupted service, even during peak network traffic. stc posts record-breaking data and call volumes stc's network reached record-breaking data and call volumes on the day of Arafah and the first day of Eid, surpassing previous Hajj seasons. The deployment of an advanced technical system powered by generative AI and Cognitive SON enabled over 14,000 technical actions per hour, a 30 percent increase from last year. This system also improved upload speed by 20 percent and achieved a self-recovery rate of more than 95 percent during peak times. stc's 5G network also recorded its highest-ever utilization rate of 90 percent during Arafah, successfully meeting the unprecedented demand and ensuring a seamless customer experience. AI-based predictive analytics boost data traffic by over 30 percent The group also revealed that data usage peaked at Muzdalifah on the first day of Eid Al Adha, with a 64 percent increase in traffic, a 129 percent surge in 5G usage and a 25 percent improvement in user experience. In Mina, AI-based predictive analytics optimized load distribution, boosting data traffic by over 30 percent and enhancing 5G performance by 39 percent compared to last season. In response to the heightened demand throughout this season, stc also provided 436 fixed towers and 78 mobile towers to serve the Haram area and the holy sites, along with 259 5G sites, 83 upgraded 4G sites and 21 additional coverage sites. In addition, 998 Wi-Fi access points and 179 dedicated indoor data network sites ensured optimal coverage. Furthermore, stc dedicated 144 critical communications network sites to deliver immediate support to security and service sectors, backed by a robust team of on-ground maintenance professionals ensuring uninterrupted services in all conditions. The group also played a key role in supporting government and private entities serving pilgrims, demonstrating its commitment to fostering national collaboration during the Hajj season. In addition, stc Group contributed to the delivery of over 203 million text messages on the day of Arafah, providing pilgrims with multilingual guidance to perform rituals with ease. Read: stc group deploys AI-powered network to ensure seamless connectivity for Hajj pilgrims stc subsidiaries' solutions enhance Hajj experience stc subsidiaries also played a vital role in enhancing the Hajj experience. sirar by stc delivered cyber protection solutions to safeguard data and ensure the continuity of digital systems, while specialized by stc provided critical communication services via TETRA and LTE networks through its Miqat and Manasik solutions. Additionally, its Event Management Platform seamlessly connected operations rooms with field teams in real time, facilitating the safe and efficient movement of pilgrims. Meanwhile, solutions by stc contributed with advanced services such as SD-WAN, router management and high-performance Wi-Fi to ensure continuous connectivity. iot squared also introduced Smart Tents equipped with sensors to monitor temperature, humidity and smoke, enabling early emergency detection and faster response through command centers. The success of this year's Hajj underscores stc Group's commitment to serving pilgrims as a trusted digital partner. Operating behind the scenes, stc connected hearts and networks by delivering advanced telecommunications services that respected the sanctity of the occasion. stc group is proud to support the goals of Saudi Vision 2030 by driving digital transformation and enhancing the experience of pilgrims at Hajj.
