Author: Mahdeehassan

Riyadh, Saudi Arabia: The Saudi Film Commission announced the commencement of the second edition of the International Film Criticism Conference in Riyadh, running from November 6 to 10, 2024. The conference is distinguished by a vast presence of international filmmakers, critics, and cinephiles. The second edition of the Film Criticism Conference is held under the theme “Sound in Cinema”, to explore the various impacts of sound on the film experience and its influence on the film industry. The discussions will cover different elements such as film scores, sound effects, and nature sounds. The conference will also include workshops, film screenings,…

Nissan Motor Co., Ltd. today announced financial results for the six-months ended September 30, 2024, and revised its full year financial outlook for fiscal year 2024. Fiscal year 2024 first-half financial results Consolidated net revenue decreased by 79.1 billion yen to 5.98 trillion yen, with consolidated operating profit decreasing 303.8 billion yen to 32.9 billion yen, representing an operating profit margin of 0.5%. Net income1 was 19.2 billion yen. Global sales volumes decreased year-on-year to 1.6 million units. Profitability was affected by higher selling expenses and inventory optimization efforts, particularly in the US, along with rising monozukuri costs. The following…

Dubai, UAE: DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, announced its continued commitment to advancing science technology, engineering and mathematics (STEM) education through several global initiatives designed to foster a diverse and inclusive workplace. In honor of World STEM Day, DXC is proud to sponsor and participate in several programs throughout the globe, with the goal of enhancing STEM talent. As a global leader in IT services, DXC recognizes that fostering STEM skills is essential for driving innovation, empowering individuals, and addressing the challenges of today’s digital world. With a global workforce of over 125,000…

Saudi platform Mush Social has raised $1.2 million in its pre-seed investment round. The round was led by Nifal Consulting, with participation from Nahr Al-Jazeera Holding and several angel investors. This funding positions Mush Social for significant growth in the competitive social media space. The company is developing a unique social media platform that stands out by allowing users to earn interactive points. These points unlock extra benefits, driving user engagement. Additionally, the platform offers a “Map” feature, enabling users to own virtual assets that will eventually generate financial returns. This feature helps maximise the value users get from the…

London, United Kingdom: Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical group, today provides an update on current trading. Riad Mishlawi, Hikma’s CEO, said: “I am pleased with our progress this year and we remain on track to deliver another strong performance in 2024, in line with our current guidance. All three businesses are contributing, with new launches across our markets and investment in our infrastructure giving us confidence for the future. We have made excellent strategic progress in the period, having closed the Xellia acquisition and signed an important contract manufacturing agreement for our Generics business.” Group The Group…

Abu Dhabi has earned a spot as one of the world’s leading cities to kickstart a software career, according to a recent report by software solutions provider Nsoft. The study assessed the best global locations for software professionals and placed the UAE capital fifth, just behind Washington D.C., as an emerging hub for technology and innovation in the Middle East. The analysis ranks cities based on various criteria, including the number of available software positions, average salaries, the density of software companies, cost of living, quality of life, and broadband speeds. Abu Dhabi’s thriving tech landscape and significant investments in…

The chip giant Nvidia is said to replace Intel in the top-tier Dow Jones Industrial Average, the 30-stock blue-chip index from November 8. Dow is considered to be the primary gauge of the world’s biggest stock market. The report as per S&P Dow Jones Indices. This will end Intel’s long 25-year run in the Dow. Nvidia will now join Microsoft and Apple, its $3 trillion peer. Other tech giants – Meta, Facebook’s parent company, Amazon, and Google are yet to join the index. Primarily, Dow is a price-weighted index. It assigns the weightings based on the organisation’s stock prices, that…

Yasser Hassan is the Managing Director responsible for overseeing and leading AWS and its cloud strategy in the Middle East, North Africa, and Turkey. He leads the development and delivery of an end-to-end business transformation strategy across AWS teams to strengthen the business. In his role, Hassan drives critical growth in strategic planning, business development, and partner engagement. He uses technology to make the world a better place, focusing on using the power of the cloud to make a difference. Hassan’s strength and interest have always been developing highly effective teams. He is deeply committed to empowering associates within their…

Toshiba Electronics Europe has announced a new video that showcases its successful partnership with PROMISE Technology to deliver enhanced data storage capabilities to CERN. The video explores how the collaborative partnership has been instrumental in fulfilling CERN’s mission by delivering robust storage systems and cutting-edge hard drives to support its groundbreaking research. The LHC’s collision detectors, which run 24/7, generate approximately 1TB of data per minute, necessitating robust and reliable data storage. Since 2008, CERN has used PROMISE Technology’s 24-bay JBOD VTrak J5800 HDD enclosures, with some of the earliest systems still operational today. CERN has also used Toshiba’s Enterprise Capacity HDDs,…

Fujairah, UAE – Fuelre4m, a leading innovator in sustainable fuel optimisation and digitalisation, shared its forward-looking vision at the Fujairah Mining Forum, where the discussions centred on the mining sector’s critical role in the future of renewable energy, the imperative for ethical mining practices, and the transformative, yet evolving, role of AI. With the global demand for sustainable energy materials rising, Fuelre4m is poised to lead the charge in responsible, efficient, and technologically enhanced fuel management solutions. As the world accelerates toward renewable energy, the often-criticised mining sector holds a pivotal role in supplying essential materials for this transformation. Rob…