Ooredoo and Bawwaba Unite to Launch First Telecom-Backed B2B Marketplace in Oman
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Al Bawaba
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- Al Bawaba
LG Announces Ambition to Become Top-tier Global Hvac Solution Provider
LG Electronics (LG), at a recent press conference held at LG Sciencepark in South Korea, presented a strategic roadmap aimed at transforming its ES Company into a top-tier global provider of heating, ventilation and air conditioning (HVAC) solutions by 2030. To achieve this goal, the company plans to drive growth by expanding its industrial and commercial B2B revenue – including from AI data center cooling – and by providing regionally tailored heating and cooling solutions. In line with its '3B strategy' (Build, Borrow, Buy), LG will also pursue serial acquisitions to enhance core capabilities and diversify its business strengthening its competitiveness in both high-efficiency HVAC hardware and non-hardware solutions, LG aims to achieve KRW 20 trillion in HVAC revenue by 2030 as part of its mid- to long-term growth Industrial B2B Sales as Demand Surges in the AI EraLG continues to scale its presence in the B2B sector, supplying advanced chiller systems for data centers and large-scale commercial buildings. With the global chiller market expected to reach USD 12 billion by 2027, the company aims to reach USD 720 million (KRW 1 trillion) in sales within two years, establishing the business as a core future growth portfolio includes diverse data center-specific cooling technologies – such as liquid cooling systems using coolant distribution units to directly cool server chips, chiller-based air cooling systems and HVAC solutions compatible with direct current power environments. In 2025, LG expects to more than triple orders for its data center cooling solutions compared to the previous year, marking it as a key growth develop optimized solutions for AI data centers, LG established a dedicated testbed – the LG AI Data Center HVAC Solution Lab – at its Pyeongtaek chiller plant earlier this year. The facility simulates a wide range of AI server environments to conduct systematic performance testing of LG's advanced cooling solutions. Most recently, the company began pilot testing its liquid cooling technology in collaboration with LG U+, a leading South Korean telecommunications and digital services provider, to further validate and refine its thermal management Acquisitions Fueling HVAC Capabilities and Portfolio ExpansionAs part of its growth strategy, LG is actively pursuing strategic acquisitions to reinforce its HVAC expertise and broaden its portfolio. Most recently, the company acquired a 100 percent stake in OSO, a leading Norway-based water heating solutions provider, to solidify its position in the European heating by its 3B strategy, LG is simultaneously building internal capabilities through initiatives like the Air Solution Lab and HVAC Academy (Build), forming R&D partnerships with academic institutions (Borrow), and continuing to identify high-impact M&A opportunities (Buy).Expanding B2B Reach via Deep Localization and Non-Hardware Revenue GrowthLG is rapidly expanding its presence in the commercial HVAC market, delivering solutions to logistics centers, retail complexes and other large infrastructure projects. Recent highlights include the installation of its high-efficiency Multi V i™ system at a major logistics hub in Tuas, Singapore, and the supply of 28,000 RT of chillers to The Avenues-Riyadh, a major mixed-use complex in Saudi Arabia. These projects showcase LG's ability to meet local regulations and customer requirements through tailored, region-specific solutions. The company is also accelerating growth in non-hardware revenue, aiming to increase its share from 10 percent to 20 percent. This includes offerings such as Building Energy Control (BECON), an AI-based integrated building management platform that provides real-time energy analytics. LG is also nearing commercialization of a digital twin system for data centers that can accurately predict server heat generation and optimize HVAC efficiency using AI-powered control Global South Presence to Achieve Global LeadershipWith strong localization at its core, LG is strengthening its presence in the rapidly expanding markets of the Global South through end-to-end localized operations that encompass R&D, manufacturing, sales and maintenance. While maintaining a strong presence in North America and Europe, the company is now accelerating its B2B expansion in emerging regions by delivering tailored solutions and strengthening its on-the-ground India, LG is launching a new product development organization this year and establishing a new production line at its Sri City plant, scheduled to open in 2026. This new line will support regional demand with an annual capacity of up to 1.5 million air conditioning LG is leveraging its HVAC Academy training centers to cultivate top-tier service, sales and engineering talent, while also using these facilities as strategic hubs to support regional expansion. The company currently operates HVAC Academies in 65 locations across 43 countries and plans to expand the network to 70 locations by the end of 2025. 'HVAC demand is rising in tandem with the growing number of data centers being built worldwide,' said James Lee, president of the LG ES Company. 'Leveraging decades of experience and core technological excellence, LG is committed to becoming a leading HVAC solution provider in the AI era.'
Al Bawaba
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- Al Bawaba
Orange Jordan sponsors the 12th National Technology Parade (NTP) in support of innovation and youth digital empowerment
As part of its ongoing commitment to supporting and digitally empowering youth, Orange Jordan sponsored the 12th National Technology Parade (NTP), held at Al Hussein Technical University. The festival was first launched in parade aims to foster creativity and innovation among students, encourage collaboration between universities and national and regional institutions, and promote professional ethics, teamwork, and career Jordan's sponsorship of this parade reflects its pivotal role in supporting applied education and encouraging students to innovate and create. This aligns with the company's strategy to lead the digital future and empower youth to contribute to sustainable year, the parade brings together 100 teams comprising around 400 students from various Jordanian universities. Participating in projects cover categories such as green and sustainable technologies, health and biomedical technologies, public safety and quality of life, defense and security technologies, gaming and entertainment, industrial technologies, educational technologies and e-learning solutions, social and business technologies, and innovations serving persons with Jordan is participating in the parade through a dedicated booth for the Orange Digital Center's Fabrication Lab, showcasing Orange's innovative solutions in digital manufacturing. The booth also aims to encourage youth to adopt technology as a tool for development and innovation, in addition to presenting students' previous its sponsorship and participation in this parade, Orange Jordan emphasized the importance of directing innovation to serve the community, believing that true innovation contributes to improving the lives of individuals and society. Through such events, we strive to foster a culture of entrepreneurship and technology among youth, empowering them to develop innovative solutions that meet community needs and support Jordan's digital transformation journey. It is worth mentioning that the ongoing rotation of Jordanian universities in hosting this parade demonstrates its status as a leading national platform that brings together youth talents and innovations. It also contributes to establishing Jordan's position as a regional hub for innovation and entrepreneurship, reflecting the spirit of cooperation and partnership between the academic and private sectors in achieving sustainable development.
Al Bawaba
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- Al Bawaba
Kodak Alaris Launches Next-Gen Scanners and Software to Drive Business Efficiency and Customer Impact
Kodak Alaris today announced the launch of its next-generation KODAK S5000 Series production scanners and the latest version of its industry-leading capture software, KODAK Capture Pro 7.0. Delivering unmatched speed, accuracy and automation, the new scanners process up to 210 sheets per minute and are purpose-built to meet the exacting needs of high-volume, high-stakes industries across the Middle East, including banking, insurance, healthcare, and government.'Across the Middle East, businesses are under intense pressure to digitise operations quickly and accurately to meet rising customer expectations and regulatory demands,' said Naji Kazak, VP EMEIA & APAC at Kodak Alaris. 'By enabling organisations to scan, process and archive vast amounts of information with exceptional speed and precision, the new KODAK S5000 Series and Capture Pro 7.0 help ensure that no critical data is lost and that customer interactions, whether it's a loan application, a medical record or an insurance claim, are handled seamlessly and securely.'At the heart of the KODAK S5000 Series is a powerful 32-core image processor, enabling consistently high throughput even for complex, mixed-batch scan jobs. The scanners' Dynamic Flow technology distributes computing load between hardware and software, maintaining full speed even when producing three simultaneous image outputs per page. This is ideal for organisations needing both archival and optimised files. For example, an insurance company can simultaneously capture a compliant image for audit purposes, an optimised file for workflow, and a colour copy for customer service, all in a single scanners are also designed to handle sensitive and irregular documents with ease, thanks to advanced protection mechanisms including ultrasonic double-feed detection, metal and crease sensors, and intelligent slowdown to prevent jams or damage. This reliability is critical in finance and healthcare, where preserving original documents, while maintaining processing efficiency, can directly impact customer outcomes. The redesigned operator interface features an intuitive touchscreen for faster setup and issue resolution, while real-time monitoring of consumables minimises disruption to critical Capture Pro 7.0 complements the new hardware with a fully 64-bit architecture and an adaptable tile-based user interface, built to manage even the largest and most complex capture jobs. In concert, the hardware and software provide an integrated solution that helps organisations streamline workflows, eliminate bottlenecks, and improve turnaround times, ultimately enhancing the customer experience.'These scanners have been designed to unlock productivity at a time when Middle East businesses are under more pressure than ever to operate efficiently,' Kazak added. 'By automating tedious manual steps and ensuring reliable, high-quality output, Kodak Alaris empowers organisations to focus on delivering better outcomes. Our customers are seeing tangible business value, whether that's faster and more accurate claims processing in insurance, or more thorough vetting of loan applications in finance. All this goes a long way in improving customer trust and satisfaction.' The KODAK S5000 Series is available in three models tailored to different performance needs: the S5160 processes up to 160 sheets per minute, the S5180 up to 180 sheets per minute, and the flagship S5210 up to 210 sheets per minute, with tri-stream mode delivering even higher image counts. The KODAK Capture Pro 7.0 software and the entire S5000 Series will be available in the Middle East starting August 2025.
