The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your business, pitching your business and what’s trending.
Here’s what we’ve read about the new Porsche’s 600 hp electric car, voice apps allowed in the KSA, and banks embracing robotics in the region.
You should worry Tesla: With Porsche’s new Mission E rechargeable hybrid supercar, the German car manufacturer is giving renowned electric vehicle producer Tesla a reason to think twice. The almost $200,000 Porsche Panamera Turbo S E-Hybrid Sport Turismo, which will rove the street as of next year, is not only, eco-friendly, tech-friendly, and road-friendly, it is also maintaining the legacy of the brand with a +600 hp car performance capacity! Need for speed?
Green lights for communication in the Kingdom: Skype, WhatsApp and Snapchat will no longer be banned in Saudi Arabia. According to a statement from Saudi Arabia’s telecommunications authority posted on Twitter, voice and video apps that meet the rules will be allowed. Anticipated to boost telecom revenues, this regulation comes in line with the Kingdom’s new reforms aiming at securing alternative sources for funding with the dropping oil prices. Now we’re talking.
Amazon makes a further step in the region: Stay tuned Bahrain as Amazon Data Center is underway. Teresa Carlson, vice president of worldwide public sector at Amazon Web Services, made this announcement during the AWS Summit in Bahrain. This is expected to cater to the lack of data the global giant saw in the region. The infrastructure is expected to see the light by early 2019.
Patriotic entrepreneurship in China: Entrepreneurship is going little beyond business and economics in China to embrace patriotism and nationalism. The Chinese government underlined that patriotism is a core element of entrepreneurship, in a first attempt to define enterprises. The joint statement by the Communist Party’s Central Committee and the State Council urged entrepreneurs to advance patriotism and professionalism, as well as innovation and social responsibility. Entrepreneurs on a mission.
Wamda of the week: Lebanon’s smart bus stops: Various private sector initiatives are attempting to resolve the public transport deficiency in Lebanon. This is the story of young entrepreneurs who equipped basic bus stations with solar panels that allow those waiting for the bus to charge their phones or laptops. Gathering comfortably people in one place, these stops are expected to facilitate the process of picking up passengers, and eventually reducing congestion.
Banks get ready for robots: As technology and AI are disrupting all industries, banks should be ready to embrace innovation that goes beyond just fintech. Robots are gearing up to tap into the banking industry in the Middle East as preaches Julen Mohanty, regional lead for strategic business engagements at JPMorgan Chase, who will be taking the stage at upcoming GITEX. According to him, robots will be taking banks’ performance one step ahead and will be reinventing electronic efficiency.
When an F1 team revolutionize baby safety: Babypod 20 is a new device that Williams Advanced Engineering, an arm of the UK-based Williams F1 team, created in collaboration with healthcare firm Advanced Healthcare Technology (AHT). Made from carbon fiber, which is the same material that Formula One cars’ bodywork has, can withstand a 20 g-force impact and provides newborns with a secure, temperature-controlled environment for ambulance transportation. Speedy, safely, soundly.