Lufthansa Group, the Italian Ministry of Economy and Finance (MEF) and ITA Airways have expressly welcomed the EU Commission's approval under competition law. Following the closing, ITA Airways is to become the fifth network airline to be closely integrated with Lufthansa Group while keeping its brand name ITA Airways. Lufthansa Group and ITA Airways are jointly planning a swift integration ITA Airways with its almost 5,000 employees will make the corporate culture of the Lufthansa Group even more international and diverse. Despite the comprehensive and far-reaching concessions, the investment in ITA Airways strengthens the Lufthansa Group's position in global competition. ITA Airways was founded in November 2020, started its operations on 15 October 2021 and currently has around 4,860 employees.

A Chinese cable manufacturer announced on Wednesday that it has supplied and assisted in the installation of 7,000 metres of submarine cables for a Transmission Company of Nigeria (TCN) project. ZMS Cable said the supply stage marks a crucial step to improve the energy infrastructure in Nigeria and address the nation’s growing energy needs. “The submarine transmission line project is a critical initiative aimed at strengthening power transmission capabilities between Osogbo and Olorunsogo. “For the Osogbo/Olorunsogo project, ZMS Cable participated in all stages, from structural design of submarine cables to packaging, transportation and advisory support for installation and construction.”Manufacturing of ZMS submarine cables. A Mr. Zhai, ZMS Cable project manager, said: “We are honoured to be part of this significant project that will improve Nigeria’s energy infrastructure.

And just as renewable energy projects in Africa face specific challenges related to financial instruments and inflation, hydrogen projects raise their own questions. So, at this point, even agreeing on the exact definition of green hydrogen is still up in the air. Of interestTurning hot air into green tradeMorocco wants to produce green hydrogen for both domestic use and export. Did you knowEngineers produce hydrogen from solar energy and animal manureWhat’s the effect of a green hydrogen economy for people on the ground? Policy, regulation, frameworks, riskSpecific industries, such as nitrogen-based fertiliser and creating green hydrogen for refineries, are all good and well, but transporting the green hydrogen creates storage and transport logistics problems that have not yet been explored or solved.

Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Despite a drop in phosphoric acid earnings, Morocco’s exports of fertilizers and phosphates improved to 32 billion dirhams, up 5.2%. Morocco, which imports most of its energy products, reported a drop in energy imports by 5.2% to 49 billion dirhams. Tourism receipts were at a similar level at 41 billion dirhams, up 1.6%.

The Middle East and North Africa (MENA) region remains the least peaceful region of the world – a ranking it has held for nine consecutive years, according to the latest Global Peace Index (GPI) report. The conflict has also thrown the entire Middle East region into crisis, with Syria, Iran, Lebanon and Yemen becoming involved. Yemen is the least peaceful country in the region and the least peaceful country overall on the 2024 GPI. After Yemen, Sudan, South Sudan, Afghanistan, and Ukraine are the other least peaceful countries. Sub-Saharan Africa is the second least peaceful region of the world behind the Middle East and North Africa, with three of the ten least peaceful countries in the world found south of the Sahara.

Jarrod Lyons, Business Development Executive at the Atlantis Special Economic Zone spoke to ESI Africa about the SEZ’s goal to provide green infrastructure for manufacturing. The ASEZ operates like a private sector developer, creating green listings for tenants to occupy and use. This interview took place at Enlit Africa 2024.

Cryptocurrency exchange CoinDCX has acquired BitOasis, the Middle East and North Africa’s virtual assets trading platform. CoinDCX had previously made a strategic investment in BitOasis in August 2023. Our expansion strategy begins with the MENA region, capitalising on its mature market and the population's keen interest in crypto investment," said Sumit Gupta, co-founder of CoinDCX. “CoinDCX's acquisition marks an exciting new chapter for BitOasis, one that propels us forward on a much stronger ground. Since the start of BitOasis, trust and regulatory compliance have been a key pillar in our mission to drive crypto adoption across MENA.

Next Generation Auto-Tiering Technology for Optimized Data Placement among new features transforming storage infrastructure into a strategic asset that drives value for enterprises. StorONE has announced several major feature enhancements to its S1 software pitched as ‘revolutionizing’ high-capacity, high-performance storage systems using optimized data placement and auto-tiering technology. StorONE transforms storage infrastructure into a strategic asset that drives value for enterprises. Version 3.8 features include:Multi-Tiering – Optimized Data Placement: StorONE has significantly enhanced the capability to integrate both flash and HDD within the same volume. The high performance of StorONE efficiently handles data ensuring universal access and strategic data placement, while seamlessly integrating with various locations and cloud services at the most competitive price,” said Gal Naor, CEO, StorONE.

The content will be delivered through KICD’s Kenya Education Cloud platform, a nationwide digital learning initiative that connects schools to education and learning resources. Leveraging the available digital platform and integrating climate change education into the curriculum is a critical step in building a sustainable society. Alef Education plays a crucial role in providing high-quality digital content for climate education aligned with best educational practices. This partnership underscores our commitment to ensuring every student has access to climate education through innovative learning solutions and programmes. The MOU signing marks a significant step forward in climate change education.

Dubai, United Arab Emirates: Digital Media Services- DMS ( a Choueiri Group Brand) is announcing a sales partnership with Pinterest. Through this strategic partnership, advertisers in these MENA markets will be able to find and connect with their audiences using Pinterest’s performance advertising solutions. Ziad Khammar, Chief Operating Officer at DMS commented: “We are extremely proud to be Pinterest’s partner in the MENA region. About Digital Media Services (DMS)Digital Media Services (DMS) was incorporated in 2010 as the official digital media arm of Choueiri Group. Aligned with Choueiri Group’s commitment to and focus on digital, DMS received a brand makeover in April 2017, which expresses its unique strength as the true voice of independent publishers.

Within the partnership, Aitek will offer Altair's leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions. Altair welcomes Aitek as a new channel partner. Aitek will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions. Established in North, Central, and West Africa, Aitek's main mission is to be the key partner between Altair and its key accounts on the African continent. About AltairAltair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI.

According to NPR, tech companies collectively laid off approximately 25,000 employees during the first four weeks of this year. I know all too well how costly it can be to lose long-term, loyal staff due to extreme circumstances. Like countless other companies and not-for-profits, my charitable organisation had no choice but to lay off staff in response to the Covid-19 pandemic. A company constantly cutting and adding jobs cannot effectively maintain these relationships or conduct effective, long-term business planning. This trend is not surprising given that so many employees are worried they could be cut at any moment.

The North Korean government has reportedly made plans to strengthen security of its mobile network by the end of this year by ditching Chinese telecoms equipment – just months after deploying it. According to the Daily NK website, citing an anonymous source, the plan emerged in the wake of a conference of information and communication experts in Pyongyang last month to discuss upgrading the national mobile network. At the conference, some attendees argued that the current network is vulnerable to cyber attacks “due to its reliance on Chinese technology and equipment”. The plan aligns with the government’s overall goal of increasing self-reliance and beefing up security systems to not only repel external threats, but also strengthen internal supervision and control, the report added. While the plan is said to have wide support from the government, some experts have reportedly expressed concern that the timeline for achieving this by the end of the year may not be realistic.

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