Author: Mahdeehassan
Leading payment solutions provider Checkout.com has released phase two of its fourth annual report on digital commerce in the region, titled “The State of Digital Commerce in MENA 2024: Perspectives from the Leading Edge”. The report features thought leadership and insights from key players at the forefront of MENA’s digital economy who reflect on the dynamics that have shaped e-commerce, fintech, and payments over the past 48 months and the impact they have had on the e-commerce landscape throughout the region. The report affirms that as consumer preference for digital commerce grew, innovation, regulatory developments, and advancements within the payments,…
Dubai – 22 OCT 2024 – CNTXT, a leading AI readiness and data solutions company, signed a partnership with AI71, a growing venture that develops AI applications powered by the Technology Innovation Institute’s Falcon AI models, at GITEX Global this week that will enhance the UAE’s AI data landscape. As part of the agreement, CNTXT will become AI71’s preferred data annotation partner. By focusing on critical areas such as data annotation and strategy, data governance and compliance, and AI readiness, CNTXT will help ensure that AI71 is equipped to maximize the value and impact of the data its AI solutions…
At GITEX GLOBAL 2024, Huawei successfully hosted the HUAWEI eKit Forum under the theme “Together for Growth, Digitalization for Success.” The event served as a platform to launch over 30 new HUAWEI eKit products and showcase upgraded scenario-based solutions designed to bolster the competitiveness of Huawei’s distribution partners and accelerate digital transformation for SMEs across various industries. Huawei underscored its commitment to partner success by highlighting its end-to-end strategic investment in its distribution business, spanning R&D, marketing, sales, supply, and services. This commitment is further reinforced through joint marketing initiatives, comprehensive training programs like the HCSX-distribution professional certification and Golden…
Moonbase Capital, the leading search fund investment firm, today announced the launch of its second investment vehicle, aimed at backing talented entrepreneurs in acquiring and growing small to medium-sized businesses globally. The new $15 million investment vehicle will be spearheaded by Moonbase Capital’s expanded leadership team, Tamer El Bahay and Tarek El Gammal. Both bring decades of experience in operations, finance, and investing across multiple industries. Ibrahim Abdel Rahim, Founding Partner of Moonbase Capital, stated, “We’re excited to launch our second vehicle, targeting larger investments and supporting bigger deals than our first. With an expanded team and increased capital, we’re…
Fuelre4m Makes a Significant Impact at Gitex Summit Dubai, 15th October 2024– Fuelre4m, a proud UAE-based British company, has successfully showcased its revolutionary approach to fossil fuel reforming at Gitex Impact. Managing Director Rob Mortimer presented the company’s pioneering solutions, including the world’s first Styrex technology, which addresses one of the globe’s most pressing pollution challenges: expanded polystyrene (EPS) waste. During his impactful presentation, Mortimer highlighted how Fuelre4m is transforming the energy landscape by reengineering fossil fuels through cutting-edge technology. “Our aspiration is clear: we aim to set a new standard of sustainability for industries worldwide. By refining fossil fuels,…
Leading the Refill Revolution for a Greener Future SunKiss is dedicated to minimising plastic waste and fostering a more eco-conscious beauty routine. The company’s Forever refill bottles are crafted for endless relove. With a focus on the “reuse, refill, relove” approach, this initiative motivates consumers to lower their environmental footprint. One of the first suncare brands to offer refills to your door. Dubai, UAE, October 2024 – SunKiss, a leader in innovative suncare, is proud to introduce its Refill Programme, designed to significantly reduce plastic waste and promote a more sustainable approach to suncare. With SunKiss’s ‘Forever’ Aluminum Bottles, customers…
Abu Dhabi, UAE – CNTXT, a leading data services and solutions company, supported by Amazon Web Services (AWS), an Amazon.com company, embarks on several initiatives to empower Abu Dhabi government as well as UAE startups. CNTXT aims at developing a unified platform powered by AWS to streamline licensing, permitting, inspection, audit, and litigation processes for the Abu Dhabi government, with the potential to expand to other regions and governmental entities in the UAE. Leveraging UAE-grown LLM models, the initiative will contribute to the development of a robust data and AI service platform for government use. AWS will provide support through…
4Partners, a Dubai-based dropshipping service, secures $3.6 million in a funding round to enter the UAE market and support its regional growth and expansion plans. With this capital, the company aims to assist businesses of all sizes with its comprehensive platform and logistics to quickly launch fully operational online stores. The 4Partners solution addresses key challenges faced by e-commerce entrepreneurs, providing access to millions of in-demand products without upfront purchasing in bulk, automated logistics requiring no partner involvement, and a cloud-based IT infrastructure that eliminates the need for coding or maintenance. This e-commerce model, where goods are shipped directly from…
Riyadh, Saudi Arabia — October, 2024 — Trascent, a global leader in facilities management advisory services, and Gulaid Holding, a renowned investor within Saudi Arabia’s facilities management sector, have joined forces to launch Trascent Arabia, a joint venture designed to provide value added and differentiated services focused on the Kingdom’s facilities management (FM) industry. The new entity will provide innovative solutions aligned with Saudi Vision 2030, which will focus on transforming the way FM services are delivered across the country and Gulf region. Trascent is globally established for thought leadership and expertise in structuring and governing the delivery of best-in-class FM services, drawing…
Panasonic’s AK-UCX100 studio camera delivers superior flexibility and quality in IP-based productions, capturing 4K footage in any environment Dubai, United Arab Emirates Panasonic Marketing Middle East & Africa (PMMAF) has announced its new AK-UCX100 Studio Camera and AK-CFA100 Camera Fibre Adaptor. The two products provide customers with increased production flexibility in studio or live events while delivering the highest quality visuals. The UCX100 allows users to choose their operating style to meet their budget and production challenges. It can operate with a single camera head or in combination with the Camera Fibre Adaptor (CFA), or a Camera Control Unit (CCU)…