Author: Mahdeehassan

GENEVA – November 2024 – SITA, the global leader in air transport technology, is partnering with Accelya to deliver new digital retailing solutions for passengers, removing the reliance on dated, legacy systems. This strategic partnership with Accelya, a leading global software provider to the airline industry, will allow airlines to migrate to modern airline retailing for passengers, including a contactless airport solution based on biometric recognition, which will also drive operational efficiency and reduce costs. Through this partnership, Accelya’s FLX ONE Delivery—part of their new FLX ONE platform, a comprehensive Offer, Order, Settle Deliver (OOSD) solution—will be integrated with SITA’s advanced…

Global leading global technology corporation FPT has signed a Memorandum of Understanding with THIQAH, a leading provider of smart business solutions in Saudi Arabia. This partnership aims to explore joint business opportunities and deliver advanced digital solutions to various industries in the Kingdom, supporting the nation’s ambitious Vision 2030 goals. The partnership signing ceremony was witnessed by Vietnam Prime Minister Pham Minh Chinh and senior executives from FPT and THIQAH. This strategic collaboration combines FPT’s global expertise in digital transformation with THIQAH’s local market knowledge and strong presence in Saudi Arabia. Together, the two companies will offer innovative, tailored digital…

Pass, a pioneering technology startup based in Qatar, has successfully raised over QR10 million in its latest pre-Series A funding round. This major achievement underscores the company’s growing influence in revolutionising supply chain logistics and delivering fast, reliable services that enhance daily life. Led by CEO and Founder Bashar Jaber, Pass continues to innovate with the goal of improving quality of life through advanced technological solutions. The newly raised capital will fuel Pass’s expansion, particularly into Egypt and Saudi Arabia, and support the development of new products to solidify its position in the market. “We are excited by the strong…

Beta Lab, a fund and studio specialising in deep tech, was launched with a capital of $300 million on the first day of the Future Investment Initiative (FII) 2024. The fund aims to support the growth of startups and foster cross-border innovation between the Middle East and Southeast Asia, empowering companies to expand their operations and create new opportunities in some of the world’s most dynamic markets. Beta Lab represents a strategic partnership between several influential entities in the fields of innovation and investment, including the Saudi Ministry of Investment, the Research, Development, and Innovation Authority, the Hong Kong Science…

Tarjama, the leading Arabic language technology provider in the MENA region, proudly announces the launch of Pronoia, an advanced large language model (LLM) specifically designed for Arabic enterprise applications. Unveiled by CEO Nour Al Hassan at GITEX Global 2024, Pronoia is poised to revolutionize Arabic AI by providing unparalleled accuracy and contextual understanding in sectors including legal, medical, and business. A Decade in the Making Built on over 16 years of dedicated Arabic linguistics research, Pronoia reflects Tarjama’s mission to bridge linguistic and technological gaps in the Arabic-speaking world. Leveraging proprietary Arabic datasets meticulously curated for accuracy and relevance, Pronoia…

During the FII 8 conference in Riyadh with the endorsement of the Ministry of Investment and in the presence of H.E. Eng. Khalid Al-Falih, Minister of Investment, BIM Ventures and SBI Holding announced the establishment of BIM Capital, a joint venture designed to contribute to growth opportunities across Saudi Arabia and the broader Middle East. BIM Capital will focus on a diverse range of investments, including private equity, venture capital, debt funds, and real estate development funds, positioning itself as a key player in the region’s financial and investment landscape. BIM Capital aims to attract over $200 million (SAR750 million)…

Be part of the ultimate gathering of industry professionals in Dubai Mark your calendars! MENA’s most popular online trading event – iFX EXPO Dubai 2025 – returns to the region, with the latest instalment promising to be the biggest and best one yet. Taking place between January 14-16, 2025, at the Dubai World Trade Centre, the 2+ day exhibition is one of the largest B2B and B2C expos of its kind anywhere in the world, bringing together key players from across the globe. Whether you are a seasoned trader, new to the industry, or a business looking to grow your…

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…