Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, inaugurated an Innovation and Technology Development Center, in Muscat, Sultanate of Oman, that will cater to the Telecom, Oil and Gas, BFSI (Banking, Financial Services, and Insurance), Energy & Utilities and Public Sector by leveraging Artificial Intelligence, Big Data & […]
Category: LATEST NEWS
Dubai International Chamber announces plans to open representative office in Israel
Dubai International Chamber, one of three Chambers operating under Dubai Chambers, has announced plans to open a representative office in Tel Aviv, which will aim to facilitate trade and investment between business communities in Dubai and Israel. The announcement came during a meeting held recently at the Chamber’s headquarters, attended by H.E. Hamad Buamim, President […]
SAFQAT – UAE’s upcoming online B2B marketplace aims to bridge gaps in the F&B industry
Aiming to make wholesale buying convenient, secure, and transparent, SAFQAT- an online B2B marketplace- will soon debut in the UAE market. Replacing traditional one-on-one interactions, SAFQAT provides a streamlined one-to-many model that reinforces the supplier-buyer connection. The platform aims for suppliers to reach restaurants, caterers, supermarkets, and grocery stores with a simple click making this […]
Gulf countries can reach the level of advanced digital economies
By instituting the right policies and by developing tech champions, GCC countries can reach the level of advanced digital economies, adding US$255 billion to regional GDP by 2030, including $119 billion in Saudi Arabia alone, according to the latest report by Strategy& Middle East, part of the PwC network. The digital economy of the GCC […]
Robotic Process Automatic improves DEWA’s productivity and reduces operations by 40,000 hours
The Robotic Process Automation (RPA) at Dubai Electricity and Water Authority (DEWA) has achieved significant results in terms of improving operations, productivity, the accuracy of data, accelerating procedures and reducing costs and duration for tasks with a total of 40,000 hours until 2021. DEWA uses RPA to automate business processes to reduce repetitive and routine […]
UAE-based food tech innovator Grubtech ramps up international expansion with launch of Egypt operations
UAE-headquartered restaurant and cloud kitchen management platform Grubtech has launched operations in Egypt as part of its ongoing international expansion strategy. The company has also appointed Osama Harfoush as Country Manager for the new market. Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years […]
ICIEC and FAIR agree on new cooperation on trade and investment
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has signed a Memorandum of Understanding (MoU) with the Federation of Afro-Asian Insurers and Reinsurers (FAIR) to foster greater cooperation to encourage business collaboration among their members. Under the MoU, there will be greater cooperation between FAIR and ICIEC on sharing insurance and […]
UAE, Egypt, Jordan ministers convene to set roadmap for integrated industrial partnership
Ministers from the UAE, Egypt and Jordan have met for the first time since the signing of an integrated industrial partnership for sustainable economic growth last week, to discuss a roadmap for implementing initiatives related to the new partnership. The trilateral higher committee meeting was attended by His Excellency Dr. Sultan bin Ahmed Al […]
UAE’s Web3 pioneer Bedu appoints Alexis Christodoulou as Vice-President of Creative Design for 2117 World the ground-breaking Metaverse project
Bedu, the Dubai-based leader of Metaverse and Web3 technologies in the Middle East, today announced the appointment of renowned digital artist Alexis Christodoulou as creative lead on the company’s pioneering Metaverse project, “2117”. “I work from a desire to see fantastic spaces come to life that echo a modern, clean aesthetic,” Christodoulou said. “Bedu is […]
Startups without Borders and SPARK to host event series in Lebanon, Palestine, and Iraq
Startups Without Borders and SPARK are hosting the Startups On The Move Networking events, a series of ecosystem events happening in June to connect entrepreneurs from diverse backgrounds with key ecosystem players in the Middle East. The events are part of the Startups on the Move Incubation program, launched with support from Google.org, which involves […]