Market Watch

Ahsan Iqbal ISLAMABAD: A high-level meeting, chaired by Minister for Planning, Development & Special Initiatives Ahsan Iqbal, discussed the establishment of Pakistan’s first-ever Data Park to promote data-driven learning and informed decision-making among the youth. The meeting was attended by Pakistan Bureau of Statistics (PBS) Chief Statistician Dr. Naeem Uz Zafar and Member Muhammad Sarwar Gondal, who expressed support for the initiative. The Data Park aims to provide students, researchers, and policymakers with real-time socio-economic data through interactive screens, storytelling galleries, and digital dashboards. The minister emphasized the need for evidence-based policymaking and highlighted the importance of engaging universities in data-driven research and analysis. He directed PBS to develop an interactive digital environment that enables students to explore Pakistan’s economic and social trends. Inspired by the World Bank’s digital learning initiatives, the Data Park will be established in public and recreational spaces to maximize accessibility. The initiative seeks to foster data literacy, policy research, and innovation, equipping young professionals with critical thinking skills. PBS officials assured full cooperation in executing the project, with the government set to develop a formal plan to launch Pakistan’s first Data Park, reinforcing its commitment to digital education and knowledge-based policymaking.

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Gulf Times Gulf Times Gulf Times Snoonu, Qatar’s pioneering technology company and leading super app, is set to deliver a world class and unparalleled experience at Web Summit Qatar 2025, marking its participation with game-changing announcements, industry-leading discussions, and interactive sessions. As an official strategic partner of Web Summit Qatar, Snoonu is playing a key role in driving forward Qatar’s digital ecosystem and reinforcing its position as one of the most influential tech companies in the region. With a mission to revolutionize digital commerce, AI-powered logistics, and fintech solutions, Snoonu has lined up a series of exclusive events, product unveilings, partnerships, and workshops to shape the future of technology in Qatar and beyond. A Powerhouse of Innovation: What to Expect from Snoonu at Web Summit Qatar 2025 Over the next four days, Snoonu’s team of experts, engineers, and industry leaders will lead conversations and showcase technological advancements designed to enhance customer experience, support businesses, and drive economic diversification in Qatar. A Power-Packed Agenda: Workshops, Talks & Exclusive Insights Hamad Al-Hajri on the Global Stage At the forefront of Snoonu’s participation, Founder and CEO Hamad Al Hajri will be a key speaker in the exclusive panel discussion on February 26, […]

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The second day of EGYPES 2025, marked the signing of several agreements that focused on digital transformation, natural gas, and capacity building. The Egyptian General Petroleum Corporation (EGPC) has signed a cooperation agreement with CISCO, an international technology leader, to establish a unified data center in the petroleum sector, aligning with the EGPC vision in achieving digital transformation and benefiting from cloud computing for reducing the operation costs and support decision-making by providing the necessary information and data security. The agreement was signed by Salah Abdel Kerim, CEO of EGPC, and Mohamed Kamel, CEO of Cisco Egypt, in the presence of Iman Wafy, Assistant CEO of EGPC for Information Technology & Telecommunications. EGPC has also signed several cooperation protocols with Nalco Water Downstream aimed at boosting operational efficiency and advancing digital transformation in the oil and gas sector. This protocol aims to provide technical support for ongoing and new projects related to water source assessment, water recovery, recycling, and ensuring compliance with environmental standards. The cooperation also focuses on optimizing energy consumption and reducing emissions. Meanwhile, Enppi has signed a cooperation agreement with Global technology leader, AVEVA to strengthen strategic partnerships and cooperation in technical consulting and software systems […]

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The session featured leading experts such as Ajay Sehgal, Chief Revenue Officer- Enterprise Business, Reliance Jio, Bhuwan Lodha, CEO – AI Division, Mahindra Group, and Patrick Dey, Vice President, Data, Analytics & Insights and Digital Innovation, Rockwell Automation. The session was moderated by Gautam Srinivasan, Anchor. The sixth edition of India Inc on the Move 2025, held on February 19, 2025, at Andaz Delhi, Aerocity, concluded with tremendous success, marking a pivotal moment in India’s journey toward smart and sustainable manufacturing . The event, themed Unleashing AI ‘Now’ for Accelerating Smart and Sustainable Manufacturing, brought together over 1,000 industry leaders, innovators, and professionals to discuss how artificial intelligence , automation , and digital transformation can drive India’s manufacturing sector to new heights. AI and digital innovation at the forefront Organised by The Economic Times in partnership with Rockwell Automation, the event featured over 35 high-impact knowledge sessions and 50+ distinguished speakers, exploring the transformative role of AI, automation, and digitisation in manufacturing. Discussions emphasised the need to bridge technological gaps in automation, digitisation, and AI integration, as well as the importance of sustainability in industrial operations. A highlight of the event was a fireside chat on Software-Defined Manufacturing, led […]

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17 February 2025 — Tether , the largest company in the digital asset industry, announced today the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This strategic collaboration aims to explore blockchain and peer-to-peer technologies, the possibility of driving economic growth, and positioning the country as a leader in Africa’s digital transformation. The MoU underscores Tether’s commitment to supporting blockchain adoption globally, aligning with its mission to foster innovation, education, and the responsible use of digital assets. This initiative goes beyond traditional learning by building a strong foundation for sustainable success. The MoU aims to focus on education, innovation, and sustainable technology practices while facilitating the transfer of international knowledge and best practices to Guinea. It hopes to establish the groundwork for the country’s adoption of blockchain technologies and create an environment conducive to innovation. A key element of this initiative is the possible development of blockchain expertise and education in collaboration with Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation of Guinea). Educational programs would be introduced across Guinea’s public and private sectors to raise awareness, build skills, and cultivate local talent in digital technologies. Tether […]

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Tokyo (Jiji Press) — A Japanese government panel agreed Thursday to promote digital transformation to tackle the aging of public infrastructure, including water supply and sewage systems. This followed a high-profile road collapse accident in Yashio, Saitama Prefecture, near Tokyo, last month, which is believed to have been caused by a broken sewage pipe. At a meeting of the digital administrative and fiscal reform panel, Prime Minister Shigeru Ishiba, who heads the group, instructed related officials to urgently work on the use of digital technologies for water and sewage systems to ensure that their operations by local governments are sustainable. Article continues after this advertisement He called for introducing such technologies within about three years, against the previous deadline of five years. For water and sewage systems, satellites and artificial intelligence systems will be used to collect and analyze data on temperature, geology and other factors to identify areas where water leaks may occur. Drones will be employed for inspections inside water pipes in order to find spots requiring repairs early. Ishiba also announced a plan to establish a public-private team to discuss how to develop AI data centers and power infrastructure in an integrated way. Details will be […]

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Africa is undergoing a digital renaissance. With over 570 million internet users as of 2023, the continent is home to the world’s fastest-growing digital economy. Mobile money transactions in Sub-Saharan Africa alone reached $832 billion in 2022, accounting for 70% of the global total. Countries like Kenya, Nigeria, and South Africa are leading the charge, leveraging disruptive technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) to drive innovation and economic growth. Yet, as the world stands on the brink of the quantum computing era, Africa faces a pivotal moment. Quantum computing, with its unparalleled computational power, could redefine the continent’s digital future—and Ghana is poised to be at the forefront of this transformation. Ghana, often referred to as the "Gateway to Africa," has made remarkable strides in its digital journey. Mobile penetration exceeds 130%, and mobile money transactions hit GHS 1 trillion (approximately $100 billion) in 2023, according to the Bank of Ghana. The government’s Digital Ghana Agenda has expanded broadband access, promoted e-governance, and fostered fintech innovation. However, challenges such as the digital divide, cybersecurity threats, and infrastructure limitations persist. Only 45% of Ghanaians have internet access, and rural areas remain significantly underserved. […]

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For most public sector organizations, digital transformation is a work in progress, with the complexity of integrating new systems and privacy and security concerns remaining key barriers, according to a report by SolarWinds. 6% of respondents report having fully completed their digital transformation journey, while most indicate they are somewhere along the journey Only 6% of respondents report having fully completed their digital transformation journey, while most indicate they are somewhere along the journey, with efforts either well underway (41%) or beginning implementation in some areas with limited progress (42%). “As the public sector navigates the evolving technology landscape, more organizations will continue to redirect operations and workloads to the cloud and adopt hybrid IT solutions,” said Travis Galloway , Senior Advisor, Government Affairs at SolarWinds. “This adds another layer of complexity to data security and compliance across operations, along with the added pressures of budget constraints,” Galloway continued. The most pressing security challenges today include vulnerabilities in monitoring systems and the critical need to safeguard sensitive information from cyber threats. Participants ranked the general hacking community (59%) and careless/untrained insiders (58%) as their top-ranked security threats, emphasizing the need for stronger security awareness training , enhanced tools, and […]

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Press release from: Getnews / PR Agency: Headlineplus The Digital State LLC: Pioneering Digital Transformation Under Image: https://www.globalnewslines.com/uploads/2025/02/76db97ae03a2d6d579d0d946b3b84b2c.jpg Jacksonville, FL – February 21, 2025 – The Digital State LLC, a trailblazing technology company headquartered in Jacksonville, Florida, is redefining the digital landscape with its comprehensive suite of innovative solutions. Founded and led by CEO Rafik El Guettabi, the company is committed to propelling businesses into the future through cutting-edge digital transformation and innovation. Comprehensive Digital Solutions The Digital State [https://www.thedigitalstate.io/] offers a wide array of services designed to meet the diverse needs of modern businesses. These include digital marketing, software development, artificial intelligence integration, machine learning, and more. By providing robust digital infrastructure solutions-such as high-speed internet, cloud computing, and secure data centers-the company ensures that clients are well-equipped to thrive in today’s fast-paced digital environment. Leadership Rooted in Innovation Rafik El Guettabi’s background plays a pivotal role in shaping The Digital State LLC’s strategic direction. With over seven years of experience in software development and IT, as well as PMP certification, he brings a structured, results-driven approach to digital transformation. His expertise in project management, software engineering, and emerging technologies ensures that the company remains at the forefront […]

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man in car showroom Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence ( AI ) to improve the buying process. Both companies reported strong performances in 2024, using digital tools to optimize customer engagement and refine their business models, though each has faced distinct challenges along the way. Carvana’s Strategic Growth Drivers and AI Investment Carvana recorded a 33% year-over-year increase in retail units sold (416,348) and saw its revenue rise 27%, to $13.67 billion. According to the company’s Q4 shareholder letter , Carvana has three main growth drivers: continuously improving its customer offering; increasing awareness, understanding and trust of the brand; and increasing inventory selection and other benefits of scale. “The pieces are all in place,” the letter says. “We are a team that knows how to build. We have an offering customers love. We have a uniquely profitable and highly scalable business model. And we have already built, acquired, and invested in the most complex and expensive parts of the infrastructure necessary to be many multiples larger than we are today. We achieved the numbers above with just 1% market share. We are […]

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