Technology

GITEX GLOBAL concludes, reinforcing its status as the world’s largest and most dominant technology event

Published

2 years ago

October 19, 2024

AI takes centre stage, setting new benchmarks for innovation and global collaboration

DUBAI, UAE, Oct. 19, 2024 /PRNewswire/ — GITEX GLOBAL 2024 concluded on Friday, underscoring AI’s pivotal role as a transformative tool that will continue to reshape industries and drive business and economic growth globally.

For the final time this week, 6,500 exhibitors, 1,800 startups, and 1,200 investors, alongside governments from more than 180 countries—marking the highest-ever international participation—gathered in Dubai, along with 200,000 visitors, solidifying the city’s reputation as a premier global hub.

The unparalleled event brought together the most influential names in technology from every corner of the globe, further cementing its position as the world’s largest and most impactful tech gathering.

This 44th edition of GITEX GLOBAL, held under the theme of ‘Global Collaboration to Forge a Future AI Economy’, not only set new benchmarks for innovation and business opportunities but also reinforced the event’s critical role in shaping a technology landscape increasingly defined by AI adoption.

Over the five days, numerous Memorandum of Understanding agreements were announced, with these strategic deals set to accelerate the growth of the global AI market, projected to reach USD $1 ,339.1 billion by 2030, according to Markets and Markets.

With the inclusion of over 40% new nations – including South Africa, Puerto Rico, Vietnam, alongside Europe’s largest-ever presence – GITEX GLOBAL has paved the way to forge new cross-regional partnerships between leading and emerging tech nations that will accelerate the growth of the AI ecosystem even further.

Each day of the mega event focused on different themes – investment, cybersecurity, data centres, futuristic tech, and AI, reflecting the central pillars of the digital economy.

With the UAE welcoming the global ecosystem, GITEX GLOBAL has enhanced its position of being at the forefront of redefining the world’s digital landscape with many organisations praising the impact of the event and its focus on key trends.

Key Industry Impact and Strategic Outcomes at GITEX GLOBAL 2024

This week, top global players such as Oracle, Dell Technologies, and Microsoft, amongst several others, made significant strides in showcasing their latest innovations in AI, cloud, cybersecurity, edge computing, and other technologies. The event catalysed these industry giants to forge new partnerships, drive technological advancements, and contribute to the future of the global digital economy.

Nick Redshaw, Senior Vice President of Tech Cloud, Middle East and Africa, and UAE Country Leader at Oracle, highlighted the company’s commitment to supporting the UAE’s AI vision and how GITEX GLOBAL 2024 was pivotal for Oracle’s AI and cloud innovations. He said: “At GITEX, we celebrated 35 years of supporting the UAE’s growth ambitions with state-of-the-art local cloud infrastructure, latest cloud technologies, developing top talent, and expanding our local presence. Industry-leading Artificial Intelligence (AI) and multi cloud innovation that is geared to solve complex business challenges in every industry, and help accelerate the UAE and wider Middle East’s AI economy was Oracle’s key focus at GITEX GLOBAL 2024.”

At the event, Oracle announced significant collaborations, with the Mohammed Bin Rashid Housing Establishment to accelerate Dubai‘s housing strategy using Oracle Cloud Infrastructure, and with Mashreq Bank to support its global expansion. These partnerships highlight how GITEX GLOBAL serves as a premier platform for unveiling strategic innovations and driving digital transformation across the region.

Dell Technologies was another tech giant to have a presence and reap the benefits of participating at GITEX GLOBAL. Mohammed Amin, Senior Vice President, CEEMETA, Dell Technologies, said: “Over the last four decades, GITEX GLOBAL has been a catalyst for advancing technological innovation across the Middle East region. Dell Technologies has been a part of this growth for more than 30 years and being at GITEX allows us to connect with regional decision-makers and support them in navigating today’s rapidly changing business environment.

“This week, we had many encouraging discussions around the Dell AI Factory offerings. Our conversations with our regional customers revealed a strong commitment to AI. They have a clear vision and a solid strategy and are actively implementing innovative AI solutions to drive their business forward. At Dell, we are at the epicenter of our customers’ AI innovations and take pride in helping them become future forward in their AI journeys.”

Meanwhile, Microsoft capitalised on GITEX GLOBAL to highlight its impactful initiatives to enhance the global digital economy. Naim Yazbeck, General Manager of Microsoft UAE, stated: “We are proud to have shared the results of our latest Cloud Dividend Snapshot report for the UAE, which underscores the critical role our globally trusted cloud ecosystem plays in driving economic growth and job creation across the nation. Additionally, our announcement of the AI National Skilling Initiative, launched at the show in partnership with key government departments, demonstrates our commitment to empowering individuals and organizations with the skills needed to thrive in the new AI era. I’m confident we will continue to witness strong business impact from GITEX Global for months to come.”

Catalysing Change Through Strategic Dialogues on Global Digital Transformation

This edition of GITEX GLOBAL served as a strategic platform to address pressing challenges and opportunities of AI, focusing on its application across critical sectors that shape the global digital future.

The event featured the first-ever World Future Economy Digital Leaders Summit and the debut of GITEX Editions, spotlighting innovation, connecting top global unicorns, and fostering dialogue on AI regulation, economic strategies, and digital finance.

Cybersecurity emerged as a key topic, emphasising the need to secure digital infrastructure amid evolving cyber threats. Future mobility took centre stage, showcasing next-generation innovations like autonomous vehicles, electric vertical take-off and landing (eVTOL) aircraft, and AI advancements in the auto-tech industry.

AI’s role in the development of hyperscale, modular, and edge data centers was a significant focus, reflecting the burgeoning demand for scalable solutions and the region’s rise as a hub for AI-powered data infrastructure. GITEX DIGI_HEALTH 5.0 also gathered industry leaders to explore how AI is revolutionizing patient care and reshaping the future of healthcare, highlighting the technology’s transformative potential in delivering improved outcomes.

Other discussions revolved around 5G and intelligent connectivity, EdTech, digital cities, and energy transitions. Together, these conferences showcased critical dialogues shaping the future of digital transformation on a global scale, featuring insights from industry visionaries – such as Jong-Soo Choi, CTO of Samsung Medical Centre in South Korea, Stéphane Ouaki Head of Department at the European Innovation Council (EIC), Dr. Mark Sagar, Co-Founder of Soul Machines from New Zealand, Heman Bekele, TIME’s 2024 Kid of the Year, Valentyn S. Volkov, PhD, co-founder of XPANCEO, and renowned cybersecurity figure, Dr. Diane Janosek, who served legal, policy & executive roles at the National Security Agency, White House & the Pentagon. Additionally, GITEX GLOBAL brought together ethical hacker, Inti De Ceukelaire, and Brett Johnson.

What’s Next?

GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events. with upcoming GITEX AFRICA Morocco from 14-16 April and GITEX ASIA Singapore on 23-25 April. Following these, GITEX EUROPE Berlin will take place from 21-23 May 2025, leading to the debut of GITEX NIGERIA in September 2025, all part of its expanding portfolio. Each of these events will foster collaboration and drive innovation, shaping the tech landscape of tomorrow.

Looking ahead, GITEX GLOBAL is set to take place from 13-17 October 2025, promising another year of heightened innovation and cross-collaboration within the tech industry. In 2026, GITEX GLOBAL will relocate to Expo City Dubai, further expanding its reach and impact.

More information on GITEX GLOBAL, please visit www.gitex.com

Follow GITEX GLOBAL on social media: Facebook | Instagram | X | LinkedIn | Youtube

Hashtag: #GITEXGLOBAL

About GITEX GLOBAL

GITEX GLOBAL, the world’s largest tech event, is returning for its 44th edition at Dubai World Trade Centre from 14-18 October 2024. The 2024 edition will feature 6,500 exhibitors, and welcome 200,000 tech executives from 180 countries, converging the best minds, future-focused government leaders, and the most visionary enterprises and start-ups to scrutinise, challenge, define, and empower the digital agendas of the world. Independently rated globally as the world’s best tech show, GITEX GLOBAL’s continued expansion is amplified by the launch of GITEX EUROPE Berlin, GITEX ASIA Singapore, and GITEX NIGERIA in 2025, as well as the growth of GITEX AFRICA Morocco leading up to its third record-breaking edition. More information: www.gitex.com

About Dubai World Trade Centre

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.

Photo – https://mma.prnewswire.com/media/2535259/GITEX_GLOBAL_2024.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/gitex-global-concludes-reinforcing-its-status-as-the-worlds-largest-and-most-dominant-technology-event-302281001.html

SOURCE GITEX GLOBAL 2024

Technology

Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

Published

21 minutes ago

July 25, 2026

Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

Technology

Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

Published

21 minutes ago

July 25, 2026

HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

Technology

Portland General Electric declares dividend

Published

3 hours ago

July 25, 2026

PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company