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GITEX GLOBAL Weighs in on Sustainability, E-government, Smart Homes and Future of Computing on Day 4

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GITEX GLOBAL

GITEX GLOBAL facilitates the biggest public-private partnership projects, with 250 government entities looking to collaborate on e-government and digital government initiatives

DUBAI, United Arab Emirates, October 19, 2023/APO Group/ — 

The UAE has established a Circular Economy Committee to promote investments in circularity and adopt circular economy practices. Quantum computers’ calculation ability can transform multiple industries, from cybersecurity, telecommunications, and healthcare, to mobility, finance and defence.

Last year, the UAE announced the “UAE Net Zero by 2050 Strategic Initiative”, a national drive to achieve net-zero emissions by 2050, making the Emirates the first Middle East and North African nation to do so. At GITEX GLOBAL 2023, Faisal Ali Rashid, Senior Director, Energy Demand Side Management, UAE’s Dubai Supreme Council of Energy, highlighted the successes in executing this mission.

Rashid said the UAE is transitioning from a linear to a circular economy. As part of this transition, the Emirates has established a Circular Economy Committee comprising public and private sector members to promote investments in circularity and accelerate the adoption of circular economy practices.

Reimagining Public Services in the Digital Age

GITEX GLOBAL facilitates the biggest public-private partnership projects, with 250 government entities looking to collaborate on e-government and digital government initiatives. The Smart Government market was estimated (https://apo-opa.info/3Maogxj) to be worth nearly $30 billion in 2022, with an anticipated value of $110 billion by 2029 at a 21 percent annual growth rate.

In a session titled “Reimagining government in the digital age: Transforming public services for the future”, Lord McNicol, Member of the House of Lords, UK Parliament, was joined by other panellists, including Alby Bocanegra, Founder and Former CTO of NYC, The Urban Futurist, Kristina Ishmael, Deputy Director, Office of Educational Technology, U.S. Department of Education and Mikko Rusama, Former Chief Digital Officer at the City of Helsinki.

They spoke on the role of digital technologies in transforming public services for the future and emphasized the need for a proactive, data-centric approach to public service provision. The panellists highlighted the benefits of Open Data policies which allow organisations to collect data, monitor it, and make well-informed decisions on the services they provide and how they work for the citizens.

Quantum Computing Heralds new Age of Productivity

Integrating AI and quantum computing into hybrid cloud workflows is heralding a new frontier in digital transformation. Headline exhibitors at GITEX GLOBAL 2023, including IBM, Dell Technologies, Microsoft, AWS, HPE and Canadian-based startup Xanadu, say quantum computing – an area of computer science that uses qubits (quantum bits) instead of classical computing bits, delivering huge leaps in processing power – can address the world’s biggest problems.

While still in development, quantum computers’ mind-boggling calculation ability can transform multiple industries, from cybersecurity, telecommunications, and healthcare, to mobility, finance and defence. Boston Consulting Group, a management consultancy, estimates quantum computers could improve operating income of their users by between $450 billion and $850 billion a year by 2050.

The events converge the best minds and most visionary companies to scrutinise, challenge, define, and empower the digital agendas of the world

Mohammed Amin, Senior Vice President at Dell Technologies for Central Eastern Europe, Middle East, Turkey, and Africa, said to fully capitalise on this transformative technology, businesses must invest in quantum computing and empower their data. “By piloting quantum computing and integrating it strategically into their operations, businesses can stay at the forefront of technological progress and seize the unparalleled opportunities it presents in propelling innovation and advancing processes,” he added.

Peter Oganesean, the Managing Director of HP Middle East, said recent advances in quantum computing, along with its increased accessibility, will have significant implications in sectors such as cybersecurity, medicine, finance, and many more. “Representing the next breakthrough in IT, this technology holds the promise of finding answers to some of our most pressing scientific challenges, such as genome profiling and finding treatments for disease at incredible speeds,” he added.

Xanadu Founder and CEO Christian Weedbrook Weedbrook said that the company is working with car brands such as BMW and Volkswagen on quantum chemistry to develop the next generation of EV batteries. He estimates quantum computing will be, in the next couple of years, where ChatGPT is today in investment and interest. “It really will change the world and I am looking forward to being part of that,” he stated.

To demonstrate its technical capability, Xanadu’s quantum computer Borealis went head-to-head last year with Japanese Fugaku, the world’s fastest supercomputer, to solve a complex mathematical formula. It would have taken Fugaku 7 million years to solve this problem. Borealis cracked the same problem in two minutes.

The Connected Home of the Future at Your Fingertip

In collaboration with etisalat by e&, Samsung introduced the Family Hub Refrigerator on the fourth day of GITEX GLOBAL. Its “View Inside” internal camera lets users view the fridge’s contents via smartphones, check food item expiration dates, and purchase groceries directly from the Etisalat Smile grocery platform. Additionally, it seamlessly connects and controls smart devices in users’ homes, serving as a central hub.

At the launch, Burcin Arabul, Director of the Home Appliances Division at Samsung Gulf Electronics, highlighted how the smart fridge elevates the experience for UAE families. “We are excited to partner with Etisalat for GITEX GLOBAL and launch our Family Hub refrigerator at the event. Embracing GITEX’s theme of ‘Imagining AI in everything,’ the Family Hub showcases the future of connected homes and heralds a new era of smart connectivity,” she added.

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

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

Distributed by APO Group on behalf of GITEX Global.

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Novum Studio Secures New Funding to Launch Ahoy Project, an AI-Native Enterprise Transformation Platform, Building on Its 20-Million-User Gen Z App Frog

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2 days ago

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July 24, 2026

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Novum Studio
  • Novum Studio has raised a new round of funding to launch Ahoy Project, its enterprise AI solution, with internal testing scheduled for July 2026.
  • Ahoy Project is positioned as the infrastructure for AI-native enterprise transformation – an AI-native communication platform serving as the underlying system, delivered as an end-to-end tailored solution.
  • The launch expands the company beyond Frog, its Gen Z consumer social app that has reached 20 million users across the U.S. and Europe.
  • Novum Studio said it is applying lessons from operating high-frequency social platforms at scale to workplace communication and knowledge systems.

NEW YORK, USA – Media OutReach Newswire – 24 July 2026 – Novum Studio, the company behind Frog – a Gen Z social app often described as a “new-generation Snapchat” – said it has raised a new round of funding and will use the proceeds to launch Ahoy Project, an AI-native enterprise communication and collaboration platform, with internal testing scheduled for July 2026.

The Novum Studio team at London Tech Week 2025.

Unlike conventional workplace software, Ahoy Project will not be sold as a standalone software subscription, the company said. Novum Studio provides the infrastructure and a full tailored solution for enterprises undergoing AI-native transformation, with the communication platform serving as the underlying system on which that transformation is built.

Founded as a consumer social company, Novum Studio has reached more than 20 million users across the U.S. and Europe. Frog gained traction among younger users through spontaneous, real-time sharing designed around authenticity and low-pressure interaction. The company said its experience building large-scale social “spaces” – where millions of people communicate, form groups and coordinate in real time — directly informs its approach to enterprise collaboration.

The new funding will support the launch and international expansion of the enterprise business as artificial intelligence reshapes how organizations communicate, collaborate and operate, the company said.

Novum Studio was founded by Anna Danyi, who graduated from the London School of Economics and Political Science (LSE) in 2018 and began her career in consulting and technology. Before founding Novum Studio, she built multiple consumer applications and exited through an acquisition. In 2025, Forbes China recognized her among the Top 100 most influential global Chinese figures in AI digital products area.

“We spent years understanding how millions of users communicate online,” Anna Danyi said. “In the AI era, communication itself is becoming intelligent. We believe the next generation of platforms will not only connect people — they will understand workflows, collaboration and organizational behavior.”

From Consumer Social to Enterprise AI

Modern organizations face growing challenges as critical knowledge, decisions and workflows become fragmented across chats, meetings and disconnected tools, the company said. Ahoy Project addresses this as a conversation-driven, AI-native collaboration layer: it captures context from day-to-day communication to build a searchable enterprise knowledge base and support workflow coordination.

Core capabilities include conversation-based knowledge organization, AI-assisted collaboration and workflow support integrated directly into team communication. Because the platform sits at the layer where work is discussed and decided, it can serve as the foundation for a broader AI-native operating model – with Novum Studio designing and delivering the surrounding transformation solution for each enterprise client.

Ahoy (Popeye AI) turns everyday team conversations into a searchable enterprise knowledge base.

A New Direction for Social Technology

Novum Studio said its expansion reflects a broader shift across the technology industry. Platforms such as TikTok and Instagram defined how content was distributed and consumed in the mobile social era; as AI becomes embedded in digital products, the company believes the next stage will center less on feeds and more on intelligent systems that understand communication and coordination.

“We are no longer just building products where people post content,” Anna Danyi said. “We are building systems that understand how humans communicate and operate together.”
 

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Energy

Venezuela Energy Week to Host Houston Industry Showcase, Unlocking United States (U.S.) Commercial Engagement Ahead of October Summit

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2 days ago

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July 24, 2026

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African Energy Chamber

Ahead of Venezuela Energy Week 2026, U.S. exploration companies, independent operators, oilfield service providers and investors are invited to explore commercial opportunities across Venezuela’s upstream sector at the Houston Industry Showcase next month

HOUSTON, United States of America, July 23, 2026/APO Group/ –Venezuela Energy Week will host an Industry Showcase in Houston on August 18, 2026: a targeted industry roadshow designed to engage U.S. energy stakeholders ahead of the October summit. Held at The Post Oak Hotel, the showcase will convene senior representatives from across the U.S. upstream ecosystem – including exploration and production companies, Texas-based independents, oilfield service companies, engineering and technology firms, commercial banks, private equity firms and family offices – to assess commercial pathways for participation in Venezuela’s energy sector.

 

As Venezuela looks to expand production, U.S. companies remain well positioned to contribute technical expertise, capital and operational capabilities across the upstream value chain. Chevron’s longstanding presence in the country highlights the continued importance of U.S. industry participation, while the scale of Venezuela’s resource base continues to attract interest from major international energy companies, including ExxonMobil and ConocoPhillips. Opportunities extend across exploration, field development, production optimization, infrastructure rehabilitation and digital modernization as Venezuela seeks to strengthen its energy sector.

 

Demand is also expected to grow for oilfield service companies, engineering firms, technology providers and financial institutions that can support upstream investment and project execution. Companies including SLB, Halliburton and Baker Hughes have been identified as potential partners in advancing production optimization and infrastructure rehabilitation, while commercial banks, private equity firms and family offices will play an important role in financing future investment opportunities.

 

Against this backdrop, the Houston Industry Showcase will provide a structured engagement platform at a time when select international operators continue to operate under U.S. Treasury-authorized frameworks, and where policy considerations in the U.S. continue to shape engagement parameters in Venezuela’s energy sector.

 

The event will enable U.S. exploration companies, independent operators, oilfield service providers and investors to assess technical and commercial pathways across exploration, field services, project delivery and broader supply chain opportunities, while supporting early-stage dialogue between international investors and Venezuela-focused stakeholders in a structured commercial environment ahead of the October summit.

 

To register for the Houston Industry Showcase on August 18, visit www.venezuelaenergyweek.com/rsvp-houston. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2026 in Caracas this October, contact info@venezuelaenergyweek.com.

 

Supporting Venezuela’s Earthquake Recovery

 

Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

 

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4fM0rLr).

 

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

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Business

Africa Trade Gateway Delivers US$5.3-Million Cross-Border Transaction in First Energy Sector Trade in Southern Africa

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2 days ago

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July 24, 2026

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Afreximbank

The transaction represents an important milestone for both the participating institu-tions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transac-tion in Southern Africa

HARARE, Zimbabwe, July 23, 2026/APO Group/ –A US$5.3-million cross-border fuel (gasoil) trade transaction has been successfully completed with support of the Africa Trade Gateway (ATG), African Export-Import Bank’s (Afreximbank’s) (www.Afreximbank.com) flagship digital trade ecosystem, demonstrating the value and efficacy of the Gateway in powering African trade.

The transaction, which saw Zimbabwean fuel importer Witeva Trading source a gasoil shipment from a leading commodity trader and supplier in Switzerland, with Innbucks Microbank Ltd. participating as the local issuing financial institution and Afreximbank providing confirmation support under agreed trade finance structure, demonstrates how African businesses can leverage one connected ecosystem to identify opportunities, access finance and complete international trade more efficiently.

The ATG made it possible for the commercial opportunity to be connected to the right ecosystem participants, bringing together the buyer, supplier and participating financial institutions to support a successful execution of the transaction.

The transaction represents an important milestone for both the participating institutions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transaction in Southern Africa.

This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem

It also demonstrates how African Businesses can use a single digital ecosystem to identify commercial opportunities, connect with verified counterparties, access trade-finance support and execute cross-border transactions more efficiently.

Peter Olowononi, Director, Regional Operations, Southern Africa, at Afreximbank, said:

“This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem. By creating a digital ecosystem to expand access to trade finance, Afreximbank is enabling more businesses to participate easily in regional and international trade.”

Emeka Onyia, Director, Digital Business, at Afreximbank, added:

“The Africa Trade Gateway is more than a mere digital platform; it is the ecosystem that helps trade happen. We help businesses discover opportunities, connect with trusted buyers, suppliers and financial institutions, and facilitate the journey from commercial opportunity to completed transactions. Every successful deal strengthens the network, attracts new participants and creates more opportunities for African trade.”

“As more businesses, banks and trade partners join the ecosystem, every successful transaction expands the marketplace, strengthens trust across the network and increases opportunities for future trade,” Mr. Onyia added.

Distributed by APO Group on behalf of Afreximbank.

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