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Learn how @ASUS_MiddleEast is supporting the future of education below.
https://www.tahawultech.com/industry/technology/asus-examines-the-use-of-ai-in-education-at-the-tech-social-event/
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24 minutes ago
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Wipro wins Multi-Year 'Smart Grid' deal from Saudi Electric Company
RIYADH, Saudi Arabia & BENGALURU, India --(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced a multi-year strategic contract from Saudi Electric Company – National Grid SA. Wipro will implement a Smart Meter Data Management (MDM) system for the transmission network to modernize the client's meter data platform, enhance operational efficiencies, and better manage risks. "We are excited to build a long-standing relationship with National Grid SA and are dedicated to assisting them in navigating the evolving energy landscape,' said Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro Limited. 'With our deep domain expertise in the energy sector, smart solutions and advanced technological capabilities, we are proud to contribute to projects that are essential to the Kingdom's Vision 2030 and help the Kingdom realize its innovation and digitalization ambitions." Wipro will design, develop, implement, and support the infrastructure and smart applications for the new MDM system. Through continuous monitoring, the system will improve grid stability by providing real-time data on power flow, voltage, and equipment data. Wipro will enable National Grid SA to improve its grid planning through intelligent forecasting and reporting. The intelligent integrations will support proactive maintenance, faster fault identification, and enhance visibility of energy usage patterns. This will allow National Grid SA to optimize its power dispatch, reduce operational costs, and minimize outages, leading to optimal experiences for the end user. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our clients, colleagues, and communities thrive in an ever-changing world. Forward-Looking Statements The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Zawya
24 minutes ago
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Amlak Finance announces early and full settlement of outstanding financing facilities
Dubai, United Arab Emirates: Amlak Finance PJSC, today announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial discipline and strategic foresight. Since the initial restructuring under the Common Terms Agreement (CTA) in 2014, Amlak has successfully settled AED 10.2 billion with a total of 29 financiers. As of 24 July 2025, Amlak has fully settled its financial obligations, which were contractually scheduled to be settled by October 2026, by paying the balance amount of AED 898 million to the six remaining financiers ahead of schedule, which is a key step towards the formal CTA exit. Over the past few years, the settlement of financial obligations has been one of the most significant challenges. The Board of Directors and leadership team have exerted exceptional efforts in this regard to actively engage with the financiers and settle the obligations. These dedicated efforts have been instrumental in achieving this key milestone. This achievement was further reinforced by a series of strategic steps, including the sale of some land assets, which aligned with the company's long-term vision and facilitated the early settlement with the financiers. Commenting on the early settlement, Arif Albastaki, CEO of Amlak Finance PJSC, said: 'The successful settlement ahead of time, marked by the early fulfilment of our financial obligations, signifies a pivotal moment for Amlak. This achievement not only underscores our commitment to a robust financial framework but also reflects our resolve to deliver on our promises and empowers us to embark on our transformative journey with renewed vigour.' 'We are following a strategic path that not only strengthens our financial position but also allows us to focus on high-growth opportunities. This represents a critical step forward as we transition into a more agile and focused organisation,' added Arif. With a renewed focus on innovation, efficiency, and financial stability Amlak remains committed to driving sustainable growth and creating long-term value for its shareholders and other stakeholders. This milestone marks the beginning of an exciting new era for Amlak. Amlak Finance PJSC Since its establishment in November 2000 as the region's pioneer financial services provider, Amlak Finance has provided its customers with innovative, Sharia-compliant property financing products and solutions designed to meet the rapidly evolving market demands.
Zawya
40 minutes ago
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South Africans embrace tech with optimism and purpose
South Africans are not just keeping pace with global tech trends, they're embracing them with confidence. According to the latest YouGov Profiles data, analysed by consumer insights agency KLA, South Africans have shown consistently positive attitudes toward emerging technology between 2021 and 2025. The findings reveal a nation that sees technology not as a threat, but as a tool for progress. The survey explored shifts in sentiment over a four-year period and compared local attitudes to those in other developed and developing countries. From 5G to AI and immersive technologies like Augmented and Virtual Reality (AR/VR), South Africans are showing high levels of optimism, utility, and curiosity, offering a unique opportunity for tech brands and service providers. The data shows that 86% of South Africans in 2025 agree that 5G improves their digital experience, and 78% believe that having 5G benefits their life in many ways. Rather than being seen as just a faster network, 5G is now viewed as an enabler of better digital experiences. AI is also gaining traction, with 68% of respondents stating they think AI is just the next step in evolution, up from 62% in 2021. Similarly, 64% of people agree that AR/VR helps users experience new things, compared to 59% in 2021. The message is clear, South Africans are open to innovation, particularly when it's designed to enhance everyday life. What's interesting to note, is the consistency of these insights. While global narratives around AI and privacy have shifted, South African sentiment has remained relatively steady, or improved, across all key metrics. The trust is not just intact, it's growing. According to KLA, this steady progression suggests that South Africans' trust in technology hasn't just endured, it's deepened. This provides a strong foundation for innovation that's practical, inclusive, and locally relevant. When compared to global counterparts, South Africa's tech optimism stands out in several ways. The country's mobile-first mindset remains strong, especially when contrasted with more diversified usage patterns in developed markets. There's also a notable level of trust in AI, particularly compared to more sceptical attitudes seen in countries like Germany, France, and the UK. Meanwhile, South African consumers show strong enthusiasm for AR/VR technologies, despite lower device ownership than in Western markets. It's a sign of interest that outpaces infrastructure, a signal for brands to move fast but meaningfully. For fintech startups, telco providers, app developers, and smart device manufacturers, the South African market is primed and ready, but it demands more than just flashy innovation. South African consumers want tech that works, simplifies life, and is easy to use. Every product should be optimised for mobile connectivity and designed with usability in mind. Communication also matters - people want to understand how these technologies work and why they matter. And above all, consumers are looking for real impact: they want tech that improves education, creates access, and reduces inequality. Between 2021 and 2025, South Africa has moved from early adoption to full integration when it comes to digital tools. We are a country that not only uses technology, but believe in its potential to create a better future. For brands, the opportunity lies in delivering solutions that are smart, transparent, and people-first. Data is sourced from YouGov Profiles, a segmentation and media planning tool. South African data was collected from nationally representative samples of South African adults aged 18+ with internet access. Sample sizes: 2025 n=1,936; 2021 n=6,039.
