| | OCTOBER 20268IN FOCUSKyndryl has appointed Megawaty Khie as vice president and managing director for Asean and Korea, where she will lead the company's business across the region and strengthen customer relationships.In her new role, Megawaty will work with organizations to modernize their technology environments and align technology strategies with evolving business priorities.Her appointment comes as enterprises across Asean and Korea accelerate efforts to modernize mission-critical IT infrastructure and prepare their technology foundations for the growing adoption of artificial intelligence.With more than 25 years of leadership experience across the technology industry, Megawaty brings expertise in building high-performing teams, developing customer relationships and driving business growth across diverse markets. In GCC and North Africa, there are approximately $90 billion of hotel projects that are in the pipeline as revealed by a study done by hospitality consultants HVS before the Future Hospitality Summit in 2026. This is set to provide an additional room stock of almost 200,000 rooms, which is a 27 percent increase from the total regional stock. Saudi Arabia leads the pack, providing room stock of around 110,000, which translates into 50 percent of the total regional pipeline, in locations like Riyadh, Makkah, Madinah, Diriyah, NEOM, Red Sea and Amaala.KYNDRYL APPOINTS MEGAWATY KHIE AS ASEAN AND KOREA MANAGING DIRECTORSAUDI ARABIA LEADS $90 BILLION GCC AND NORTH AFRICA HOTEL PIPELINESouth Korea and Mexico have signed the Korea-Mexico Joint Action Plan 2026-2030, which is supposed to enhance cooperation between the two nations in such sectors as crude oil, critical natural resources, defense, artificial intelligence, and aerospace technologies. In addition, South Korea and Mexico agreed on new issues related to the discussion of the Bilateral Investment Treaty, and they agreed to form a communication channel concerning supply chain cooperation. As many as 17 Memorandums of Understanding were signed during the summit. SOUTH KOREA, MEXICO ADOPT JOINT ACTION PLAN COVERING DEFENSE, CRUDE OIL AND AILEADERSHIP APPOINTMENTSGEOPOLITICS, TRADE & STRATEGIC COOPERATION
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