JP Morgan initiated coverage on Bytes Technology Group with an 'underweight' rating due to its limited exposure to AI monetisation, particularly hardware contributing less than 10% of gross profit. The bank prefers Computacenter as its top pick in the European value-added reseller (VAR) sector because of its stronger AI-related business and hyperscale capital expenditure focus. This downgrade reflects concerns about Bytes' ability to meet consensus earnings estimates amid changes in vendor incentives and the risk of vendor disintermediation, which could pressure intermediaries lacking strategic value. Investors should watch how Bytes adapts to these challenges and whether it can enhance its AI capabilities to remain competitive.
The 5th edition of the Dubai Michelin Guide features 122 restaurants, nearly doubling since its debut. Orfali Bros was promoted to two Michelin stars, while two new restaurants, Birch and KIGO, earned their first stars. The guide highlights Dubai's g...
The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, almost double since its debut, highlighting Dubai's growing culinary scene. Orfali Bros was upgraded to Two MICHELIN Stars, while two new restaurants, Birch and KIGO, earned One MI...
The 5th edition of the Michelin Guide Dubai features 122 restaurants, almost double since its launch, highlighting Dubai's growing global culinary prestige. Orfali Bros was promoted to two Michelin stars, while two restaurants retained three stars. T...
The 2026 edition of the Dubai MICHELIN Guide features 122 restaurants, nearly doubling the number since its first edition. Key highlights include Orfali Bros' promotion to Two MICHELIN Stars, two new One MICHELIN Star restaurants (Birch and KIGO), an...
The 5th edition of the MICHELIN Guide Dubai features 122 restaurants, nearly double the original selection, highlighting Dubai's growing culinary scene. Orfali Bros earned two MICHELIN stars, joining two other three-star restaurants that retained the...
