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GITEX GLOBAL, Expand North Star 2023 centre world’s attention on booming Artificial intelligence (AI) economy

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GITEX GLOBAL

World’s largest tech and start-up show gathers best minds, advanced companies for the year’s most anticipated dialogue into a new tech paradigm

DUBAI, United Arab Emirates, October 10, 2023/APO Group/ — 

Dubai will unleash a new era of global AI dominance next week, as the UAE hosts the world’s largest tech and start-up show, converging the best minds, future-focused governments, and most advanced companies to redraw the boundaries of the AI economy and shape the future of the globe’s next big technology shift.  

For the first time, GITEX GLOBAL – independently rated globally as the best tech show in the world – shall take place in two mega venues as its 43rd edition prepares to welcome 6,000 exhibitors and 180,000 tech executives from 180 countries from 16-20 October 2023 at the Dubai World Trade Centre.

Its powerhouse start-up show, Expand North Star hosted by the Dubai Chamber of Digital Economy runs from 15-18 October 2023 at the stunning new Dubai Harbour venue. More than 1,800 start-ups across the events will explore rising opportunities in one of the world’s most agile, diversified, and technology-enabled digital economies.

The blockbuster duo, organised by DWTC, comprise a combined 2.7 million sq. ft of exhibition space, a 40 percent increase over the previous year, inviting the world to the year’s most anticipated dialogue and deep scrutiny into a new tech paradigm experimenting in AI, the cloud, Web 3.0, and a sustainable digital economy.

His Excellency Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy, spoke at the official GITEX GLOBAL and Expand North Star 2023 press conference today.

“We are working with AI policymakers to ensure that the world is better for everyone everywhere,” said H.E. Al Olama, who was named by TIME Magazine as one of the world’s top 100 most influential people in artificial intelligence in 2023. “GITEX GLOBAL is where the best and brightest minds come together to shape the future of technology. Dubai is a global market and through GITEX GLOBAL, we are pushing the envelope by showcasing new technologies including the transformational power of AI to inspire everyone and shape a better future.”

“We’ve seen a huge increase in the number of participants at GITEX GLOBAL and this growth really is a testament to the UAE’s status as a global leader in technology.”

Expand North Star 2023 accelerates global VC investment revival

The influx of global interest in the UAE will see Expand North Star host the largest line-up of 1,000 investors from 70 countries with $1 trillion under management, as they look to ramp up the global VC start-up investment revival.

It arrives as the UAE companies clinched the lion’s share of US$4 billion in start-up funding across the Middle East and North Africa in 2022, fetching investments to the tune of $1.85 billion across 250 deals, a five percent increase in value over the previous year. 

“Expand North Star reflects Dubai’s strong commitment to enabling ambitious start-ups to thrive in the emirate,” said Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy (DCDE), host of Expand North Star.

“We look forward to introducing several initiatives at the event including India Central, the biggest showcase of Indian start-ups ever assembled outside India; Asia Fast 100 and Africa Fast 100, the event’s largest showcases bringing together more than 100 leading start-ups from each continent for an intensive programme of conferences, networking events, and dedicated pitch competitions; and Launchpad Dubai, a first-of-its-kind initiative providing local and international tech businesses including start-ups, scaleups, and unicorns opportunities to accelerate their business and kickstart their operations in Dubai through a one-stop experience at DCDE’s booth at Expand North Star.

“Hosting this event enables us to harness the full potential of the digital economy by connecting stakeholders from the government sector, investors, and accelerators with the world’s leading industry experts, innovators, and tech start-ups,” added Al Gergawi.

“By bringing the global start-up ecosystem together in the emirate, Expand North Star supports our drive to transform Dubai into one of the world’s leading digital economies in line with the ambitions of the Dubai Economic Agenda (D33).”

Intense demand spurs new tech agendas, government participation rises

GITEX GLOBAL 2023 will see the highest involvement of public private partnerships yet as more than 250 government entities intensify their futuristic digital city visions and strategic collaborations amplified by bold commitments toward digital excellence.

The annual five-day event will deep dive into the biggest reflections of the AI era with the return of AI Everything – the year’s largest showcase of AI solutions and concepts – and the Global DevSlam coder and developer meet-up, while the hyper popular GITEX Cyber Valley will take the fight directly to the dark cyber-criminal underworld. 

“We have not seen this hyper level of fervour and anticipation of GITEX GLOBAL in recent years,” said Trixie LohMirmand, Executive Vice President of Events Management at Dubai World Trade Centre. “GITEX is synonymous with AI this year, especially when excitement over the emergence of generative AI is shadowed by a sense of trepidation and cautiousness.

“We are aggregating the year’s largest AI in Everything showcase and the most powerful AI architects across businesses. GITEX GLOBAL has not merely expanded in scale. It has totally upsized the big AI ethical conversation and commercial exploration to new dimensions.”

The dilemma to encourage innovation whilst balancing regulation and controls have perplexed policy makers. AI’s meteoric development has triggered debates on the vulnerability of systems to cyber-attacks which has prompted the genesis of GITEX Cyber Valley to corral the AI security agenda.

The expansion of the global digital economy towards the deep tech revolution and green tech world missions has also propelled the genesis of GITEX CTO World Congress, the year’s largest gathering of tech architects and disruptors; GITEX Impact on advancing a net zero carbon future through green technologies; and Future Urbanism Expo moulding the future smart cities of the world.

Democratising AI, empowering the planet

More than 1,800 start-ups across the events will explore rising opportunities in one of the world’s most agile, diversified, and technology-enabled digital economies

Tech titans spearheading the AI charge at GITEX GLOBAL 2023 include regular exhibitors Huawei and Microsoft, while cloud-based software giant Salesforce debuts.  They’ll be among more than 1,000 AI-infused companies at the year’s largest AI showcase and summit revealing how the new force of supercharged tech stacks are advancing economies and transforming lives, governments, businesses, and society.

Microsoft, which in 2023 injected $10 billion of fresh capital into OpenAI, the creator of the ubiquitous large language model-based chatbot ChatGPT, will deliver a powerhouse showcase of the company’s commitment to democratising AI and empowering everyone on the planet to achieve more.

The American tech giant has been working with governments, businesses, developers, students, and start-ups so that they can build their own AI applications to drive sustainable economic growth and improve the lives of citizens across the region.

“We envision a future where AI is enhancing the capabilities of people across all professions to find innovative ways of solving pressing challenges and creating a positive impact in their communities,” said Naim Yazbeck, General Manager of Microsoft UAE.

“We’re proud to highlight this vision at GITEX GLOBAL, where we are showcasing our latest AI solutions that not only improve productivity and streamline business processes across the public sector and all industries, but also unleash creativity and drive innovation.”

Huawei will reaffirm its commitment at GITEX GLOBAL to help all industries make the most of intelligence, digitalisation, and the strategic opportunities presented by AI, supported by cloud, advanced network capabilities, and digital power technologies.

Dr. Alaa Elshimy, Managing Director & Senior Vice President, Huawei Enterprise Business Group, Middle East & Central Asia Region, said: “AI is the key to unlocking the full potential of digital transformation and creating new value for our customers and partners. At Huawei, we are committed to providing innovative and intelligent ICT solutions that advance industry transformation, enhance cybersecurity, and support sustainability goals.”

Salesforce, the global leader in customer relationship management (CRM), will meanwhile fuel the AI mania with its new Einstein 1 AI assistant for all CRM enterprise applications.  Thierry Nicault, Area Vice President and General Manager of Salesforce Middle East, said attendees will see first-hand how the new AI platform enables organisations to safely connect any data and build AI-powered apps with low-code no-code capability. 

“It’s important for organisations in the UAE and the wider MENA region to recognise the importance of Generative AI and its role in digital transformation, enabling them to develop digital strategies that promote efficiency, innovation, and resilience,” said Nicault.

“Organisations must build a single source of truth, and integrate every consumer encounter to deliver tailored experiences, and make their entire business smarter, faster, and more productive. This will open new opportunities and help them to achieve growth.”

Influential UAE challengers enter the epic AI innovation race  

UAE entities have also entered the epic AI innovation race, accelerating government economic diversification strategies centred around bold digital transformation agendas.  G42, Advanced Technology Research Council (ATRC) and Masdar City are among the UAE-based research and tech innovation hubs at GITEX GLOBAL 2023 shaping the future of AI and its transformative application across all spheres of life.

The Technology Innovation Institute (TII), the applied-research arm of ATRC last month released Falcon 180B, the world’s most powerful open source AI model impressing technologists across the globe.  Its sister company ASPIRE is now stepping into the future mobility landscape, as it prepares to unveil for the first time at GITEX GLOBAL 2023 its autonomous racing car that clocks speeds in excess of 300km/h.

The Dallara Super Formula car is a flagship racing car of ASPIRE’s Abu Dhabi Autonomous Racing League (A2RL), launching in April 2024 as a series of high-profile autonomous races including racing cars, drones and dune buggies.  The A2RL, according to Dr. Tom McCarthy, Executive Director at ASPIRE, will bring together the exciting impact of AI on humanity and its incredible potential for autonomy.

“A2RL, the Abu Dhabi Autonomous Racing League, is a ground-breaking initiative that has captured the interest of industry experts and university researchers,” said Dr. McCarthy. “We’re thrilled to unveil the autonomous racing car model at GITEX GLOBAL, which is built on the renowned Italian manufacturer Dallara’s Super Formula car.

“It has been adapted with an autonomy stack, allowing the vehicle to perceive its environment and race autonomously at the Abu Dhabi Yas Marina Circuit.  The introduction of A2RL marks a significant milestone for Abu Dhabi and the wider UAE, setting the stage for disruptive innovations in mobility through the medium of extreme sports.”

Elsewhere, G42, a champion of AI and cloud technologies, is returning to GITEX GLOBAL 2023 to contribute to the dynamic dialogue on AI under the theme ‘Imagination in Action.’ “Imagination in Action isn’t just a slogan but a reflection of the active steps we’ve taken to transforming theoretical AI concepts into tangible solutions, commented Hasan Al Hosani, Managing Director of Bayanat, a G42 company.

“Visitors to our stand will have an opportunity to explore our portfolio companies’ cutting-edge innovations across multiple domains, from data centres, supercomputing and government services, to healthcare, BFSI and smart mobility.

“Together, we look forward to forging meaningful connections, igniting collaborative efforts, and driving societal advancement through the combination of imagination and technology. I’m personally very excited to welcome visitors and introduce them to Bayanat’s latest advancements in the Geospatial AI domain.”

Masdar City, another debut exhibitor at GITEX GLOBAL 2023, will meanwhile elevate its mission to realise greener, more sustainable urban living in the UAE, highlighted through several innovations at its stand, including three leading-edge net-zero energy buildings currently under construction.

“Masdar City is, at its heart, a place of innovation,” said Mohamed Al Breiki, Executive Director of Sustainable Real Estate at Masdar City.  “We’ve been pioneering sustainable urban development for more than 15 years, and sustainable development depends heavily on innovation and technology.

“This is the foundation of our free zone, where more than 1,000 companies, from start-ups to multi-nationals, are ushering us into the future. We’ll be highlighting several innovations at our stand, including the three leading-edge net-zero energy buildings we currently have under construction, and some of the climate-change solutions that Masdar City start-ups have created.”

Power-packed conference line-up explores 2023’s pressing tech challenges    

GITEX Global and Expand North Star will also feature 21 conference tracks with more than 1,500 expert speakers from 80-plus countries delivering 900 hours of immersive mind-stretching content, as they unpack and demystify 2023’s pressing tech challenges and controversies, from delivering the world’s fasters AI supercomputer, or driving the green energy revolution, to scaling autonomous driving tech, and the assessing the impact of AI tools on cybersecurity.

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

Distributed by APO Group on behalf of GITEX Global.

Business

SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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