INSEAD-Day

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The investment is its biggest-ever in Germany.

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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

e& forays into the metaverse

e& will invite visitors to GITEX Global 2022 to take a look at the e& universe, the group’s metaverse.
  • The move marks a significant achievement in the Group’s transformation journey to a global technology and investment conglomerate
  • Metaverse technology is in the early incubation stages, given that it needs high-bandwidth and low-latency communications to work at scale

e&, formerly known as Etisalat Group, is set to captivate visitors to GITEX Global 2022 by inviting them to take a look at the e& universe, the group’s metaverse. 

The move marks a significant achievement in the Group’s transformation journey to a global technology and investment conglomerate. 

Metaverse technology is in the early incubation stages, given that it needs high-bandwidth and low-latency communications to work at scale. 

“Based on the limitless possibilities that are available in metaverse adoption and in line with our commitment to digitally empower societies, we are taking a significant step forward into the metaverse this GITEX Global by announcing the launch of e& universe, hosted virtually in Arcadia Planitia on Mars,” Hatem Dowidar, Group CEO, e& said at the soft launch of the e& universe. 

Dowidar said that the group had two other major showcases: the Metaverse Service and etisalat by e&’s business centre. 

“The Metaverse Service is a metaverse platform designed to maximise user experience through multiple virtual spaces and avatars,” he said. “This was a result of the collaboration with SK Telecom, the largest mobile operator in Korea, to explore media and entertainment.” 

Etisalat by e&’s business centre showcase, he added,  is in collaboration with Huawei, “where e& is demonstrating the future of retail using a 3D retail experience in an innovative way.”