Latest news with #DigitalTransformation
Time of India
5 hours ago
- Business
- Time of India
‘UP set to pushkey biz sectors'
Lucknow: Highlighting the growth story of Uttar Pradesh, chief executive officer of UP State Industrial Development Authority (UPSIDA) Mayur Maheshwari on Friday said that the per capita income of the state has doubled in the past 7-8 years. S peaking during the third edition of UP Logistics and Supply Chain Summit 2025, organized by UPSIDA and CII in Noida, Maheshwari said, "UP has embarked on a transformative journey from being a land of potholes to having 50% of the access-controlled expressways. The per capita income of UP doubled in the past 7-8 years. In terms of infrastructure, Noida has one of the best infra set-ups, even better than its NCR twins. " He added that big industry players like AB Mauri and Ashoka Leyland set up the largest and latest units of yeast and EV manufacturing in UP. "India has 65% dependence on API and bulk drugs from China, and keeping this in mind, the UP govt is building the largest sponsored bulk drug and API manufacturing plant in Lalitpur," he said. CEO, Invest UP, Shashank Chaudhury said: "The state's new policies will give a big push to key sectors like warehousing and logistics, which are critical for future growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo Backed by major initiatives like PM Gati Shakti, UP did a remarkable job in strengthening its infrastructure, making it a preferred destination for industries and investors." Pranay S Garg, former chairman of CII Western UP Zonal Council, said that logistics demand was expected to reach 15.6 trillion ton-km by 2050, and a strong collaboration among govt, industry, and service providers would be required. Chief strategic officer, Transport Corporation of India Ltd, Jasjit Sethi, said that logistics was the invisible backbone of development — but in UP, the backbone should be brought into the spotlight. The summit witnessed deliberations on sessions including UP's Logistics Vision 2030 for Building a One Trillion Economy Backbone and Unleashing the Future of Supply Chain with a focus on the Digital Transformation of Logistics.
Yahoo
2 days ago
- Business
- Yahoo
Winners revealed: Mena Banking Excellence Corporate & Investment Awards 2025
The Mena Banking Excellence – Corporate & Investment Awards 2025 brought together senior executives from across the region to celebrate the most impactful advancements in institutional banking at Dubai's One&Only Royal Mirage. Organised by GlobalData's MEED unit, the awards recognised banks that improved cross-border access to capital, strengthened risk frameworks and contributed to regional development initiatives. This year's most entered categories were Mena Sustainable Bank of the Year, Best for Transaction Banking Services and Best Digital Transformation Initiative, highlighting the sector's increasing focus on sustainability, integrated systems and strategic modernisation. 'This year's winners showed a deliberate shift towards addressing systemic challenges in institutional banking,' said Sarah Rizvi, banking and finance editor at MEED. 'From environmental, social and governance (ESG) frameworks and Islamic finance structures to transaction banking upgrades, the winners focused on building long-term resilience into their operating models.' The full list of winners is available here. 'Corporate and investment banks are under pressure to deliver capital-efficient growth while adapting to changing client demands,' said Ed James, head of content and analysis at MEED. 'The strongest performers are investing in scalable platforms, embedding ESG into risk processes, and enhancing service delivery for regional and global clients.' The awards followed MEED's CXO Leadership Think Tanks, a high-level, closed-door forum that convened senior executives to explore strategies around cyber resilience, regulatory complexity and institutional growth in a volatile economic environment. In April, MEED recognised standout achievements in retail, digital and SME banking at the 16th annual RBI Asia Trailblazer and MENA Banking Excellence Awards. The winners—drawn from across the GCC, Levant and North Africa—were profiled in the June 2025 Banking Excellence Special Report, available to download via this link. A full summary of insights and award case studies will be featured in the Banking Excellence Special Report: Corporate & Investment 2025, which will be published in August. "Winners revealed: Mena Banking Excellence Corporate & Investment Awards 2025" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
3 days ago
- Business
- Zawya
Schneider Electric hosts supply chain leaders from leading global companies and delegates from Gartner at Riyadh
This exclusive event, organized in collaboration with Gartner, featured a 'Supply Chain Roundtable' focused on transforming the Arabian Peninsula into future global supply chain hub Riyadh, KSA – Schneider Electric, a leader in the digital transformation of energy management and automation, hosted a distinguished gathering of supply chain leaders from leading global companies and delegates from Gartner at its state-of-the-art factory in Riyadh, KSA. This exclusive event, organized in collaboration with Gartner, featured a 'Supply Chain Roundtable' that provided a platform to discuss and explore insights into emerging supply chain strategies, Middle East's economic diversification journey, and the region's potential as a global supply chain hub. Delegates toured the Schneider Electric Riyadh facility, seeing cutting-edge technologies in action at the Plant and Distribution Centre, demonstrating the solutions and innovations that could pave the way towards the Middle East's manufacturing future. The Middle East is undergoing a transformative economic renaissance, with KSA's ambitious industrialization efforts creating unprecedented opportunities in advanced manufacturing, technological innovation, and next-generation logistics. Schneider Electric is dedicated to serving its customers in the region by ramping up its operations and accelerating digital transformation. 'The future for manufacturing in the Middle East is a rich opportunity,' said Mohamed Waheed Fekry Mohamed, Vice President - Global Supply Chain, Middle East & Africa. 'The way forward is clear: digital transformation and people are the enablers towards a more sustainable, agile, resilient, and efficient supply chain. We hope today's delegates are inspired to see what is possible with today's technologies.' 'At Schneider Electric, we are deeply committed to supporting Saudi Vision 2030 by accelerating digital transformation and sustainability,' said Mohamed Shaheen, CEO of Schneider Electric Saudi Arabia, Pakistan, Yemen, and Bahrain. 'Our supply chain ecosystem, powered by cutting-edge technologies, is instrumental in shaping a sustainable future for the Kingdom. We will continue to strengthen our operations to support this mission.' About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. At Schneider, we call this Life Is On. Our mission is to be the trusted partner for Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. Discover Life Is On Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights Hashtags: #ImpactCompany #SupplyChain #Innovation
Zawya
4 days ago
- Business
- Zawya
Orange partners with Huawei to deploy 5G in Egypt
Cairo, Egypt, Orange Egypt and Huawei have officially announced a landmark partnership to deploy cutting-edge 5G technology that will be a catalyst for emerging technologies like Artificial Intelligence (AI), robotics, AR, and VR, enhancing user experiences and creating new business models and smart ecosystems in areas such as smart cities, IoT, and beyond. This partnership marking a significant milestone in their long-standing collaboration. This strategic alliance highlights both companies' shared vision to advance Egypt's digital transformation, providing advanced connectivity solutions to consumers and businesses alike. Massive MIMO for RAN: Powering the Future of 5G As part of the partnership, Huawei already provided its latest state-of-the-art network solutions, including its advanced Massive MIMO (Multiple Input Multiple Output) technology for Radio Access Networks (RAN) ensuring optimal service quality and superior network performance and spectral efficiency. This cutting-edge solution enhances the 5G network's performance, providing ultra-fast data speeds and seamless connectivity even in high-density environments. Huawei's Massive MIMO solution represents a leap forward in wireless communication, utilizing advanced beamforming and spatial multiplexing techniques to significantly expand network capacity. This innovation allows Orange Egypt to optimize spectrum utilization, offering more bandwidth to consumers and improving service quality for demanding applications such as 4K/8K video streaming, augmented reality (AR), and virtual reality (VR). The rollout of 5G services in Egypt will enable businesses to unlock new levels of productivity, efficiency, and innovation. With ultra-high data rates, ultra-low latency, and extensive connectivity. Huawei's '0 Bit 0 Watt' Energy-Efficient Platform: Leading the industry's direction toward a greener network In line with global efforts to reduce energy consumption and minimize carbon footprints, Huawei introduces its pioneering '0 Bit 0 Watt' energy efficiency platform. This platform is designed to optimize energy use in 5G networks by intelligently managing power consumption without compromising on network performance. Through AI-driven energy optimization algorithms, the platform enables Orange Egypt to significantly reduce operational costs while supporting the Sustainable Development Goals (SDGs) of reducing emissions and conserving energy. This breakthrough innovation represents a major step towards energy-efficient 5G deployments across Egypt and the region. E-Band Microwave: Boosting High Throughput Connectivity Under this agreement, Orange Egypt and Huawei will also deploy Huawei's E-band microwave technology, which enables ultra-high throughput and low-latency wireless backhaul solutions. This solution is ideal for high-demand urban areas and rural locations where traditional fiber optic cables may be difficult to deploy. The E-band microwave technology ensures that Orange Egypt can offer a reliable and high-speed 5G experience across the country, connecting more people and businesses to the digital economy. A Vision for the Future 'We are excited to deepen our partnership with Huawei and bring innovative 5G solutions to Egypt,' said Dr. Ayman Amiri, Chief Technology & Information Officer for Orange Egypt. 'The integration of Massive MIMO, the energy-efficient '0 Bit 0 Watt' platform, and E-band microwave technology will not only enhance the capabilities of our network but also set the foundation for smart cities, IoT development, and new digital services that will transform Egypt's telecommunications landscape.' 'We are committed to collaborate with Orange Egypt in their 5G journey and bringing to life the future of connectivity,' said Mr. Mohamed Youssef, Key Account Executive at Huawei Egypt. 'With our advanced 5G solutions, we are enabling the next generation of mobile networks to deliver faster, more reliable, and energy-efficient services. This partnership underscores Huawei's dedication to helping operators meet the growing demand for high-speed, sustainable connectivity.' This strategic partnership between Orange Egypt and Huawei signifies a major leap forward for Egypt's telecommunications infrastructure. As 5G networks begin to take shape, both companies remain dedicated to transforming Egypt's digital landscape and creating new opportunities for businesses and consumers alike.
CairoScene
4 days ago
- Business
- CairoScene
Saudi Industrial Forum to Begin on June 23rd
The forum will take place at Dhahran Expo Center to spotlight investment, innovation, and the global reach of Saudi industry. The inaugural Saudi Industry Forum will take place on June 23rd, 2025, at Dhahran Expo Center, under the patronage of Prince Saud bin Naif, Governor of the Eastern Province. Held under the theme 'Our Industry in a New Phase: Digital Transformation and Sustainable Development', the forum aims to boost Saudi Arabia's industrial growth while supporting Vision 2030 goals to diversify the economy and expand the sector's contribution to GDP. Organised by the National Industrial Committee of the Saudi Chambers Federation, the event brings together more than 320 exhibitors and 78 speakers representing key players in industry and economics. Attendees will take part in panel discussions, workshops, and high-level signings, all focused on pushing the sector forward through innovation and competitiveness. The forum is expected to draw over 30,000 participants, including investors, business leaders, academics, and industry experts from inside and outside the Kingdom. It will serve as a platform for knowledge sharing, networking, and new partnerships. Among the core topics on the agenda are shifting economic trends, policy updates, the latest in industrial tech, investment potential, local content initiatives, and strategies to strengthen the global footprint of Saudi-made products.
