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Huawei launched its Tech Carnival & Partner Summit 2025 in Tashkent, Uzbekistan, gathering over 1,500 leaders to discuss the region's digital transformation under the theme “Accelerating the Intelligent World.” Keynote speakers emphasized the importance of connectivity, computing, and cloud platforms, highlighting that every dollar invested in digital infrastructure can yield $8.3 in economic output. The event features over 50 demonstrations showcasing AI and intelligent technologies, alongside Huawei's commitment to training digital professionals through local ICT academies.
Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
Deutsche Bank has raised its price target for Goodyear Tire & Rubber to $14 from $13 while maintaining a Buy rating. Goodyear develops, manufactures, and sells tires for various applications and operates around 950 retail outlets globally, offering products and services to both consumer and commercial customers. The company produces a wide range of tires under several brands, including Goodyear, Cooper, and Dunlop, across 53 manufacturing facilities in 20 countries.
The UAE has signed its 27th Comprehensive Economic Partnership Agreement (CEPA) with the Republic of the Congo, advancing its strategy to lower trade barriers and enhance economic diversification. With eight agreements in force and 14 pending ratification, the UAE aims to boost non-oil foreign trade to Dhs4tn by 2031, while also engaging in talks with the EU for a potential agreement. The CEPA program, launched in September 2021, is pivotal for strengthening the UAE's global trade position and attracting foreign investment.
Changpeng Zhao, co-founder of Binance, is set to provide advisory services to Kyrgyzstan on blockchain technology. This collaboration aims to enhance the country's capabilities in the blockchain sector, leveraging Zhao's expertise in the field.
Central Asia's startup ecosystem is thriving, with Kazakhstan leading in venture investments, attracting $71m in 2024, primarily from foreign investors. Uzbekistan saw a remarkable 2.7-fold increase in investments to $17.5m, while Kyrgyzstan and Tajikistan also reported growth in their respective markets. Key sectors driving this momentum include artificial intelligence, fintech, and educational technologies, indicating a robust potential for future development and global integration.
VEON Ltd, a UAE-based digital operator, has signed a solar power deal with Huawei in Pakistan. The company provides a range of mobile and fixed-line telecommunications services, including voice, data, and internet, under various brands such as Jazz and Beeline, across multiple countries.
The Aurora Tech Award has announced its 2025 finalists, celebrating outstanding female founders from emerging markets who are innovating in technology. This year's shortlist includes entrepreneurs from MENA, LATAM, Central Asia, and APAC, with startups focusing on sectors like AI, fintech, and healthtech. The award, established by inDrive, aims to support women-led tech ventures that create significant social impact, with the winner to be revealed at an event in Cairo on April 12, 2025.
In 2025, several altcoins are poised for exponential returns, including Qubetics, EOS, Astra, Theta, HNT, Bittensor, and Arbitrum. Each project addresses unique challenges, from decentralized VPNs and AI integration to enhanced blockchain scalability and video streaming solutions, attracting significant market interest. These innovations position them as key players in the evolving cryptocurrency landscape.
Jungfrau Railways is investing CHF70 million in new cable cars for the First and Kleine Scheidegg ski areas, with contracts awarded to Doppelmayr/Garaventa and Leitner. The project includes a new “Triline” 3-cableway system from Grindelwald to First and a replacement for the Wixi-Fallboden chairlift, expected to be operational by the 2026/2027 winter season. Additional investments will enhance snowmaking capabilities, with total project costs projected to exceed CHF100 million.
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Huawei Launches Tech Carnival in Uzbekistan to Drive Digital Transformation
Huawei Technologies CO. Ltd.
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cisco systems insider trading and institutional investment activity reported
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Deutsche Bank raises Goodyear price target while maintaining buy rating
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UAE expands global trade network with 27 comprehensive economic partnership agreements
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