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Dubai Duty Free Partners with TerraPay, Empowering 100 million+ Customers for Instant Digital Wallet Payments at Dubai Duty Free

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DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — TerraPay, a global money movement company, has joined forces with Dubai Duty Free (DDF), the world’s largest single airport retailer, to revolutionize the shopping experience for over 100 million customers. This strategic partnership enables travellers to make purchases using their home-country digital wallets, driving a new era of convenience and accessibility in payment solutions.

Through this association, Dubai Duty Free will gain access to TerraPay’s extensive global network of more than 3.7 billion mobile wallets, and its effective cross-border payments infrastructure, to accept users’ preferred payment methods. By integrating digital wallets into its payment ecosystem, Dubai Duty Free empowers customers to shop with ease, offering a seamless alternative to existing payment methods.

In 2025, digital wallets are poised to dominate the global payments landscape, with projections indicating they will account for 52% of the world’s e-commerce sales volume and 30% of point-of-sale transactions. Additionally digital wallets are expected to account for 35% of all cross-border payment methods this year, reflecting a growing consumer preference for speed, convenience, and accessibility.

With TerraPay’s global reach, leading mobile money operators such as Airtel Money, M-PESA, and MTN MoMo are already on board, enabling their users to shop at Dubai Duty Free using their home-country wallets. 

Commenting on the partnership, Ambar Sur, Founder & CEO at TerraPay, said, “Our partnership Dubai Duty Free, the world’s largest single airport retailer, opened up new avenues for seamless digital wallet payments within its vast network at Dubai International and Al Maktoum International Airport utilizing TerraPay’s robust cross-border payment infrastructure that has enabled us to deliver faster, more innovative, and transparent cross-border payment solutions to our partners around the world. This collaboration highlights the shared vision of TerraPay and Dubai Duty Free to redefine convenience and accessibility in payments, creating an inclusive ecosystem that puts customers first. This comes at a right time, with the launch of TerraPay’s Wallet Interoperability Council, to pave the way for the future of wallet interoperability, empowering consumers, and businesses to transact effortlessly across borders.”

Ramesh Cidambi, Managing Director of Dubai Duty Free, said, “We are reinforcing our commitment to empower our customers to make purchases using payment methods of their choice. Dubai Duty Free has always been at the forefront of harnessing technology and partnerships to offer the best to our customers, and now with access to TerraPay’s vast network, we’re excited to offer this new payment solution.”

“TerraPay aligns with our commitment to extend the reach of financial inclusion globally, which enables us to open up new and innovative forms of acceptance for a large segment of unserved populations, and we are proud of that,” added Cidambi.

With a shared dedication to providing diverse and forward-thinking payment solutions, TerraPay and Dubai Duty Free embark on a journey to redefine convenience and accessibility in retail transactions. This partnership not only reflects the adaptability of the retail industry but also showcases the transformative power of collaboration in shaping the future of global commerce.

About TerraPay

TerraPay simplifies global money movement, providing a single connection to one of the most expansive cross-border payment networks regulated in over 30 global markets. The platform enables payments to 150+ receiving countries, 210+ sending countries, over 3.7 billion mobile wallets, 7.5 billion bank accounts, and more than 12 billion cards. TerraPay is on a mission to create a borderless financial world, making money transfers instant, reliable, transparent, and fully compliant. Founded in 2014, TerraPay operates in over 12 countries and has built the global digital wallet interoperable network, driving financial inclusion even in the most remote markets. TerraPay is headquartered in London, with offices in cities like Bangalore, Dubai, Bogota, Dar es Salaam, Kampala, and Singapore. Backed by leading investors including the IFC (World Bank), Prime Ventures, Partech Africa, and Visa, TerraPay continues its rapid global expansion.

About DDF

Dubai Duty Free (DDF) is the company responsible for the duty free operations at Dubai International Airport and Al Maktoum Airport.

Founded in December 1983, DDF recorded first-year sales of US$20 million and has grown into one of the biggest travel retail operators in the world with a sales turnover of US$2.164 billion in 2024.

Now employing over 6,000 people, the operation has consistently raised the benchmark for airport retailing, and it continues to grow.

Currently operating around 40,000 sqm of retail space across Dubai International and Al Maktoum International airports, Dubai Duty Free has continued its investment in the development and expansion of its retail offer.

For more information, please contact: Juveria Samrin, juveria.n@terrapay.com  

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Embracing the AI Era: Huawei Cloud Thailand Launched New Cloud Service Series to Accelerate Enterprises’ Shift to AI-Native

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BANGKOK, March 14, 2025 /PRNewswire/ — Huawei Cloud Thailand successfully hosted the “Intelligence Ignites a New Era: Huawei Cloud Reshaping Thailand’s Digital Wave” technology forum at the Renaissance Bangkok Ratchaprasong Hotel. The forum brought together over 200 business leaders and technology experts to delve into the value of data in the AI era, unveiling a suite of innovative cloud services designed to empower Thailand’s digital transformation with superior AI capabilities.

AI Strategy: A New Engine Empowering Industries
As AI drives the fourth industrial revolution forward, Celine Cao, CEO of Huawei Cloud Thailand, emphasized that: “AI should not be a high-barrier technology. Through open-source collaboration and innovation, every nation can build its own localized intelligent ecosystem.”

Prof. Jing Tang, D. Eng from Chulalongkorn University added, “Enterprises can achieve cost-efficient intelligent transformation by optimizing open-source large models with high-quality data assets. The cultivation of such data will be pivotal to successful AI implementation.”

Huawei Cloud Gives Thailand a Better AI Choice.
Huawei Cloud AI Cloud Service provides diverse, efficient, and stable computing power, enabling businesses and developers to rapidly build large-scale AI applications. The platform not only optimizes mainstream open-source models but also offers a cloud-based toolchain for streamlined development, eliminating complex configurations with one-click access and instant usability.

Technical Breakthroughs: The DeepSeek localization solution, powered by Huawei Cloud AI Cloud Service, reduces deployment cycles from 2 weeks to 2 days and cuts inference costs by 40%, supporting both full-scale and lightweight distilled models.

Scenario-Driven Innovations: Leveraging 30+ industry-specific best practices, Huawei Cloud launched three key solutions:Intelligent Interaction Hub: DeepSeek+Chatbot delivers precise semantic understanding and personalized interactions for high-concurrency scenarios across industries like customer service, education, healthcare, and finance.

Development Efficiency Revolution: DeepSeek+CodeArts boosts deployment efficiency by 20x, reduces code defects by 70%, and enables automated programming with intelligent Q&A and code inspection.

Knowledge Management Upgrade: DeepSeek+KooSearch integrates enterprise data to build unified intelligent knowledge centers.

Cloud Service Portfolio: Building Blocks for Digital Transformation
At the event, James Tan Shijie, Vice President of Solution Sales, Asia Pacific Cloud, announced a series of cloud services to accelerate enterprises’ transition from cloud native to AI-native.

CloudDC Solution: A one-stop cloud migration service for data centers, integrating deterministic operations, cloud DCs, and full-stack AI.

Backup & Disaster Recovery Continuity Center Solution: Ensures business continuity across five layers (management, applications, hosts, storage, cloud DCs), featuring risk detection within seconds, rapid recovery, and unified visibility.

Large Model Security Solution: End-to-end protection covering environment security, data compliance, model inference security, and unified security operations.

GaussDB & TaurusDB:GaussDB’s three-layer pooling architecture enables elastic resource scaling, while its dual-cluster disaster recovery design isolates hardware/software failures between clusters. An AI-powered DevOps assistant automates 90% of fault diagnosis and recovery.TaurusDB offers MySQL compatibility for seamless migration and pioneers AI-driven serverless capabilities with unique write scalability.

AI Cloud Service: Supports uninterrupted foundation model training for up to 40 days, with 10-minute fault recovery and compatibility with 100+ global models like DeepSeek and Llama.

Ecosystem Collaboration: Data-Driven Sustainable Growth
During the “C-Level Big Data Roundtable,” experts agreed that enterprises must build intelligent data governance systems to transform data assets into competitive advantages. Wu Shiwei, CTO of Huawei Cloud Asia-Pacific, stated, “Through open architectures and localized support, we empower Thai businesses to leap from data accumulation to value creation.”

This forum marks Huawei Cloud’s strategic upgrade in Thailand, combining “technology democratization” and “ecosystem collaboration” to fuel Thailand’s digital economy. With the rollout of these solutions, Huawei Cloud will continue driving intelligent transformation across Thailand

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/embracing-the-ai-era-huawei-cloud-thailand-launched-new-cloud-service-series-to-accelerate-enterprises-shift-to-ai-native-302401944.html

SOURCE Huawei Cloud Thailand

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Saab receives order for additional Live Training equipment from U.S. Marine Corps

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STOCKHOLM, March 14, 2025 /PRNewswire/ — Saab has received a contract modification award from the U.S. Marine Corps for additional Marine Corps Training Instrumentation Systems (MCTIS) equipment. The order value for this award is USD $37 million (SEK 375 million) with deliveries taking place from 2025 to 2027.

This award ensures the U.S. Marine Corps will continue implementing Saab’s deployable and expeditionary MCTIS capability. This advanced, interoperable live training solution helps Marines train in the most realistic environments, significantly improving their performance and survivability on the battlefield. 

The system focuses on developing and reinforcing effective tactics, techniques and procedures, while also facilitating joint training with NATO allies during multinational exercises.

“We are honored that the U.S. Marine Corps continues to rely on us as their training partner for the next generation of Marine warfighters,” said Erik Smith, President and CEO of Saab in the U.S. “Our training capability enhances combat readiness by immersing Marines in realistic scenarios and rigorously analyzing their decision-making and actions, ultimately delivering on the objective of saving American lives. We take pride in providing the premier interoperable, land-based live training capability in the world.”

Saab’s collaboration with the U.S. Marine Corps began with a contract awarded in June 2021, marking the transition from the previous Instrumentation and Tactical Engagement Simulation System II (ITESS – II) to the MCTIS training system. 

Contact

Ben Decatur 
+1 (571) 926-5978 
benjamin.decatur@saabinc.com

Saab is a leading defense and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defense capability of several nations.

Saab, Inc. is a U.S. based wholly owned subsidiary, delivering advanced technology and systems, supporting the U.S. Armed Forces and the Federal Aviation Administration, as well as international and commercial partners. Headquartered in Syracuse, New York, the company has business units and local employees in nine U.S. locations.

This information was brought to you by Cision http://news.cision.com.

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Saab receives order for additional Live Training equipment from U.S. Marine Corps

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Saab Training and Simulation Live Training

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Saab Training and Simulation support

 

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SOURCE Saab

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FLORIDA SOUTHERN COLLEGE NAMES BRITTANY BEHRENS, MSN, RN, CNE, CHSE, THE MAIDA BADCOCK POU ENDOWED CHAIR IN NURSING SIMULATION

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LAKELAND, Fla., March 14, 2025 /PRNewswire/ — Florida Southern College is excited to announce Brittany Behrens, MSN, RN, CNE, CHSE, as being named the Maida Badcock Pou Endowed Chair in Nursing Simulation.

This honor is made possible by a generous gift from alumna Ebbie Sue Pou Doherty, class of 1981, dedicated to the legacy of Maida Badcock Pou, a Florida Southern Trustee Emerita whose service and philanthropy left a lasting impact on the College.

A proud Florida Southern College graduate with a Bachelor of Science in Nursing in 2014 and a Master of Science in Nursing Education in 2017, Behrens began her career at FSC in 2015 as a part-time Simulation Lab Assistant. She transitioned to a full-time faculty role in 2017 and lastyear assumed the position of Nursing Simulation Lab Manager and Instructor in the Ann Blanton Edwards School of Nursing and Health Sciences. In this role, she fosters a dynamic learning environment where students develop essential nursing skills through clinical experiences.

“I am incredibly honored to receive the Maida Badcock Pou Endowed Chair in Nursing Simulation,” said Behrens. “This endowment will allow Florida Southern College to further enhance our simulation program, equipping students with high-quality simulation experiences to improve critical thinking and clinical judgment skills. I am so grateful for the generosity that surrounds this school and will use this opportunity to ensure that our graduates are confident, competent, and ready to meet the evolving demands of healthcare.”

Ebbie Sue Pou Doherty, retired Vice President of Employee Services at W.S. Badcock Corporation, shared, “My family and I are honored to continue my mother’s legacy by creating this endowed chair. We hope it will be a platform for future leaders in nursing simulation to continue pushing the boundaries of education and healthcare.”

About Florida Southern College
Founded in 1883, Florida Southern College is the oldest private college in the state. The College maintains its commitment to academic excellence through 70+ undergraduate programs and distinctive graduate programs in business administration, education, nursing, and physical therapy. Florida Southern has a 14:1 student-to-faculty ratio, is an award-winning national leader in engaged learning, and boasts 30 NCAA Division II National Championships. In the U.S. News & World Report’s 2025 “Best Colleges” guide, Florida Southern ranks #11 among “Best Regional Universities in the South,” #9 in “Most Innovative Schools,” and #20 in “Best Value Schools.” The College is also highlighted in The Princeton Review’s 2024 Best 389 Colleges guide and the “Fiske Guide to Colleges 2025.” The 2024-2025 Colleges of Distinction guidebook praises Florida Southern’s AACSB accredited Barney Barnett School of Business and Free Enterprise alongside the College’s School of Education and its Ann Blanton Edwards School of Nursing and Health Sciences. Home to the world’s largest single-site collection of Frank Lloyd Wright architecture, FSC has appeared on The Princeton Review’s top 20 “Most Beautiful Campus” national listing for 13 consecutive years, now ranking #5. Connect with Florida Southern College. 

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SOURCE Florida Southern College

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