Connect with us

Business

Experts Rethink the Enterprise in Era of Rapid Digitalisation as GITEX GLOBAL 2023 Comes to a Successful Close

Published

on

GITEX GLOBAL

Day 5 of GITEX GLOBAL 2023 saw experts come together to re-evaluate how organisations can thrive in the face of rapid digitalisation as the show came to a successful close

DUBAI, United Arab Emirates, October 20, 2023/APO Group/ — 

A report by Khazna Data Centres found that 89% of business leaders believe digitalisation will be critical to business success. Experts at a cybersecurity panel highlighted the need for cyber diplomacy based on bilateral agreements to share threat intelligence.

Day 5 of GITEX GLOBAL 2023 saw experts come together to re-evaluate how organisations can thrive in the face of rapid digitalisation as the show came to a successful close.

The 43rd edition of GITEX GLOBAL took place from October 16-20, 2023, the blockbuster tech showpiece once again reaching full capacity at the Dubai World Trade Centre as it hosted more than 6,000 exhibitors. GITEX GLOBAL and Expand North Star (which took place at Dubai Harbour from October 15-20) comprised a combined 41 halls spanning 2.7 million sq. ft of exhibition space, a 40% growth year-on-year with 1,800 startups across both shows. The events converged the best minds and most visionary companies to scrutinise, challenge, define, and empower the digital agendas of the world.

Data Centres, the Lifeblood of the Digital Era

A report released during GITEX GLOBAL 2023 by Khazna Data Centres explored the growing demand for data centres due to the increasing importance of digitalisation for business success.

The report found that 89% of business leaders believe digitalisation will be critical to business success, triggering a reassessment of data center requirements. Consequently, 45% of large and extra-large organizations reported that they are looking to expand their IT footprint to achieve greater flexibility, while around 36% aspire for greater levels of digital innovation, and approximately 36% hope to improve their customer experience.

Hassan Alnaqbi, CEO of Khazna Data Centers, noted that the digital revolution has underlined the central role of digital strategies. He added that as the demand for robust digital infrastructure continues to grow, data centers are emerging as an essential cornerstone.

New Data Exchange Platform to Streamline Data-Driven Decisions

Modern enterprises and government institutions rely on data for decision-making. However, they face data challenges such as data silos, privacy issues, and cross-border data exchanges. To overcome these challenges, Mercedes-Benz has launched Acentrik, a data exchange platform that enables secure and compliant data ecosystem building. Mercedes-Benz announced at GITEX GLOBAL that Acentrik is now available in the UAE after success in the EU and APAC markets.

GITEX GLOBAL hosted an exciting discussion on the digital city of the future, during which experts calculated what the world and cities would look like in 2050

Acentrik offers various opportunities for collaboration, data transfer, and monetisation among different entities. Its unique feature is its compute-to-data approach with edge computing capabilities. This allows secure and private computation of data without moving the raw data. Acentrik brings algorithms to the data instead of the other way around.

According to Jochen Kaiser, Head of Data Ecosystems at Mercedes-Benz Group AG, Acentrik heralds a new future for data sharing and ecosystems. He said access is essential for organisations’ data-driven decisions and strategies.

Laying the Building Blocks for the City of the Future

GITEX GLOBAL hosted an exciting discussion on the digital city of the future, during which experts calculated what the world and cities would look like in 2050. They asserted that the ‘city of the future’ would be an interconnected matrix of information, data, and technology that will continue to revolutionize how we live, work, and play.

While opportunities abound, they also cautioned about the challenges inherent in building a smart city. Technical obstacles can be overcome with the right technology. However, getting people on board necessitates educating and dramatically shifting the public’s attitudes about emerging technology. Given the rapid pace of technological advancements, it’s crucial to stay informed about the current state of technology and its future direction to meet specific needs effectively, they opined.

Experts on the panel included David Tan, Assistant Chief Executive Officer, JTC Corporation, Singapore; Anas Naim, Managing Director, Middle East & Turkey, Orange; Daniel Diez, Chief Transformation Officer, Magic Leap, USA; Dr. Muneer Zuhdi, CTO Enterprise MEA, Nokia; Petr Hlavacek, Deputy Mayor, City of Prague, Czech Republic and Roberto Frongia, Director of Strategy and Operations, TONOMUS Compute, Saudi Arabia.

Cybercrime Leaves a Trail of Corporate Carnage

Global cybercrime damage could rise to $10.5 Trillion annually by 2025. Driving this dangerous trend are the increasing sophistication and scale of cyberattacks, the growing reliance on digital technology, and the lack of cybersecurity awareness and education. Behind these statistics is a global trail of devastation for individuals, businesses, and governments.

Leading public and private CISOs discussed the global nature of cybercrime and the critical need for transnational efforts. They included Ali Abdulla Hassan, Chief of Information Technology, Bahrain, Celia Mantshiyane, Chief Information Security Officer, South Africa; Robin Lennon Bylenga, VP, Information Security Awareness, Education and Communications Lead, United Kingdom, Sanusi Drammeh, Director of Cybersecurity, Gambia and Solomon Soka, Director General, Information Network Security Administration, Ethiopia.

Cyberspace is borderless, so is cybercrime. While each country must adopt its own cyber defence mechanisms based on local conditions, collaboration with local and global communities is paramount. The panellists highlighted the need for cyber diplomacy based on bilateral agreements to share threat intelligence, whereas an incident identified in one country is shared across all. They also recommended continent-wide and even global security operation centres (SOCs), which can go a long way in securing the world and humanity.

More information is available at www.GITEX.com and www.ExpandNorthStar.com

Distributed by APO Group on behalf of GITEX Global.

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Trending

Exit mobile version