Instability in the middle east

Wang added that with a combination of the fastest technology adoption and innovation, open economic policies, and a strong talent pool, Kenya makes an ideal hub from which to grow the realme brand in East Africa. In particular, Kenya is among the most dynamic and youth-centric markets in the world. … [Read more...] about Chinese smartphone maker realme enters Kenyan market

Foreigners were net buyers in the domestic bond market for the seventh consecutive month as the country's central bank lowered its target rate by 25 basis points to an all-time low of 0.50 percent in May after cutting it by 50 basis points. … [Read more...] about Foreign investors buy S.Korean stocks in 6 months

ETBFSI Staff Writer Customers of Emirates NBD, the second largest bank in the United Arab Emirates (UAE) with an asset size of $189 billion, reported disruptions in accessing its online, mobile banking and ATM operations after a system upgrade that has now entered its fourth day. The Bank, which has a base of 14 million customers across the Middle East, North Africa and Turkey (MENAT) region, had initially informed customers of system upgrades scheduled for Friday, August 7, a non-working day in the UAE, between 2AM and 11PM. Emirates NBD later extended the system upgrade schedule to 3AM on Saturday, August 8. At the time of writing, online and mobile banking channels of Emirates NBD continue to remain inaccessible, four days after the upgrade was first scheduled to be completed. Emirates NBD in its Annual report of 2019 had said 93% of all transactions were done through its digital channels, whilst 69% of its individual customers were described as ‘Digitally Active’. The … [Read more...] about UAE’s second largest bank faces system outage; customers complain of inaccessible funds for fourth day

New Delhi: Home-grown automotive wheels manufacturing company Steel Strips Wheels (SSWL) has informed the stock exchanges that it is commissioning its truck wheel plant in Chennai from February 2018.The plant will add 1.2 million wheels capacity to the already existing 1.8 million wheels capacity for the truck/trailer segment of SSWL. The total capacity of truck wheel segment now stands at 3 million wheels. With this, SSWL will become the largest truck steel wheel maker in India.The plant is operating at 90 per cent utilization for the month of February and expected to attain 100 per cent utilization from April 2018 onwards, with firm order book from domestic and export customers.The plant is strategically placed to help SSWL service customers in the Southern region in India and being near to the sea port will provide leverage for serving export customers as well.The company will be supplies to all key original equipment manufacturers in India such as Ashok Leyland, Daimler India, Tata … [Read more...] about SSWL commissions brand new truck steel wheels plant in Chennai

UBTech's robots have been first modified and deployed in China. Its robot fleet has served in various settings to assist in the prevention and control of the spread of the virus, including at hospitals such as the Central Hospital of Wuhan, and the Third People's Hospital of Shenzhen, two middle schools in Kunming, Yunnan province, office buildings and transportation hubs in other cities. … [Read more...] about Helping world with Chinese AI