Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Lebanese Tech Startups Look to Dubai for Global Growth
Dubai offers Lebanese tech startups the opportunity to gain global exposure and investment at one of the world’s most influential technology events, GITEX Technology Week. According to a recent report by the UK Lebanon Tech Hub, significant investment is accelerating Lebanon’s USD 400 million knowledge economy, which could add 25,000 ICT jobs and contribute USD […]
Abu Dhabi Ports exhibits its latest digital services and solutions at GITEX Tech Week 2016
Abu Dhabi Ports is participating at GITEX Technology Week 2016 as part of the Abu Dhabi e-Government pavilion, along with other government entities to soft-launch its revolutionary Port Community System (PCS), Maqta Gateway, for the GITEX audience, and to showcase a few services of Maqta Gateway’s recently released Vessel Management System. During its participation at […]
Dubai’s Acacus Technologies Wins USD 100,000 First Prize in Intense GITEX Pitch Showdown
Judges at GITEX ‘Strut-Up’ Pitch Competition were impressed by the quality of innovation and drive of entrepreneurs who contended for USD 160,000 in prize money at one of the highlights of GITEX, the GITEX Global Startup Movement ‘Strut-up’ Pitch Competition. With four cash prizes on the line, competitors had just five intense minutes each to […]
Vice Mayor for Information Technology Affairs at Jeddah Municipality Highlights ICT innovations Role in Achieving 2030 Vision Targets
Held on the sidelines of the first day of the 36th GITEX Technology Week, Huawei First Middle East Innovation Day agenda included a panel discussion highlighted the role of ICT innovations in the fulfillment of national agendas in the region. Under the theme “Leading New ICT – Shape the Future”, industry leaders discussed the role of […]
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Cisco and GBM to showcase versatility of Apple solutions at GITEX Technology Week 2016
Cisco announced that together with Gulf Business Machines (GBM), it will jointly showcase its solutions built around the Apple enterprise product portfolio at GITEX Technology Week 2016, being held at the Dubai World Trade Centre from October 16-20. As Cisco’s exclusive channel sponsor at GITEX, GBM will educate visitors on how Apple’s business strategy, consultancy […]
ITIDA supports participation of top 29 Egyptian firms at GITEX Technology Week 2016
The Information Technology Industry Development Agency (ITIDA) will sponsor for the 11th consecutive time the upcoming participation of 29 Egyptian companies at the 36th GITEX Technology Week, the latest edition of one of the world’s biggest information and communications technology (ICT) events. GITEX will take place from October 16 to 20, 2016 at the Dubai […]
GE announces strategic initiatives to drive Digital Transformation in Saudi Arabia
GE Saudi Arabia today announced the roll-out of new digital industrial partnerships, technologies and initiatives supporting the goals of the country’s economic diversification and enhanced industrial productivity as outlined in the Saudi Vision 2030 at its Minds + Machines Saudi Arabia 2016 event held at the GE Manufacturing & Technology Center (GEMTEC), 2nd Industrial City, […]
GE ushers in next era of advanced manufacturing in Saudi Arabia
GE today marked a significant milestone in its eight-decade-long presence in Saudi Arabia by officially opening Phase II of GE’s Manufacturing & Technology Center (GEMTEC) and announcing expanded capabilities including the ability to manufacture HA and F-class turbines at the facility. GE’s HA turbines are the world’s largest and most efficient, leading the industry in […]
TransSys to Showcase Oracle Cloud Solutions at GITEX Technology Week 2016
TransSys Solutions, a leading regional IT services and solution provider, announced its participation at the GITEX Technology Week 2016, to be held at the Dubai World Trade Center, from October 16-20, 2016. The company will be showcasing its cloud-based solutions and services portfolio that would offer significant value to organisations in the region. With a […]
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Dubai Parks and Resorts selects CMCS’ PMWeb solution
CMCS, the leading in Project Management Information Systems, has announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, has deployed its PMWeb web-based project control system. The solution is a part of CMCS’ Project Management Information Solution Practice that offers organizations a single platform to manage, control and report on their […]
Panasonic to make perfect ‘BUSINESSENSE’ at GITEX 2016
Panasonic Marketing Middle East and Africa (PMMAF) will feature its innovative and future ready business solutions, at the GITEX Technology Week 2016 that is going to be held between October 16th-20th at Dubai World Trade Centre. The Japanese manufacturer will once again display path-breaking concepts, keeping in mind mega events like Expo2020 in Dubai, World […]
Dubai GEP to Share Stakeholder Success Stories at WETEX 2016
The Dubai Green Economy Partnership (Dubai GEP), launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, will highlight the successful initiatives of its stakeholders at WETEX 2016 happening at Dubai World Trade Centre from 4-6 October. Visitors to the stand can see various […]
Pressing global challenges and disruptive technology will radically reshape manufacturing
It was announced today that leaders in the international manufacturing sector are set to discuss the challenges and transformations of the industry at the Global Manufacturing and Industrialisation Summit (GMIS), a world-first gathering of global governments, manufacturing businesses and civil society, that will be held from March 27 to 30, 2017, in the UAE’s capital, […]
Smart Link and Six Clients Sweep Top Honours at Middle East Contact Centre Awards 2016
Smart Link Contact Centers, a leading business process and contact centre outsourcing provider in Saudi Arabia, today announced that it has received two prestigious awards at the Middle East Call Centre Awards (MECC) 2016 held in Dubai recently. Smart Link’s efforts were also recognised as their clients – Saudi Arabia’s Human Resources Development Fund (HRDF), Saudi […]
SAP to Showcase Government Innovations for Citizen Happiness at GITEX
The UAE government can save nearly USD 5 billion if the country undergoes full digital transformation, industry experts announced today ahead of GITEX Technology Week 2016. Government digital transformation can save 1.3 percent of GDP, according to a recent report by consultants Deloitte. Extrapolating to World Bank figures that show the UAE’s GDP was USD […]
The Future of Loyalty in RetailIn association with Future Agenda, the global open foresight programme.
The Future of Loyalty in RetailIn association with Future Agenda, the global open foresight programme. The future of retail holds many unanswered questions: will the high street win out? Is it all about speed of fulfilment? Will technology take over from the traditional sales assistant? The future of retail loyalty however, is somewhat clearer. Retail […]
Huawei Signs MoU with Royal Commission for Jubail and Yanbu for Smart Cities
On the sidelines of HRH Deputy Crown Prince Mohammad Bin Salman visit to China, Huawei Tech. Investment Saudi Arabia Co. LTD signed a Memorandum of Understanding with the Royal Commission for Jubail and Yanbu. This agreement aims to support the Saudi Vision 2030 roadmap of transforming the Kingdom to be a pioneering and successful global […]
GCC FinTech Startups ‘Cash In’ on Millennial Banking Needs
GCC Financial Technology (FinTech) startups are cashing in on the always-connected banking habits of Millennials, industry experts announced today in the build-up to GITEX 2016. There is a surge in growth of “moneyhawks” – the high-income, and under-35-year-old customers who want constant mobile access to their banking and finance accounts. Banks often struggle to profit […]
Over 35 percent Companies to Completely Outsource Their Facility Management Services in the Region
A recent business confidence survey conducted by the British Institute of Facilities Management on the Middle East’s FM market forecasted a very positive growth, noting that 36 percent of participants intend to outsource their FM services completely. In comparison, 60 percent expect more outsourcing of FM operations in the future. Instead, a soft FM service […]
Mimecast Study: 45 Percent of Organizations Not Prepared for Malicious Insiders
Mimecast Limited (NASDAQ: MIME), a leading email and data security company, released new data* revealing that organizations globally believe they are their own worst enemy when it comes to cybersecurity, with 45 percent saying they are ill-equipped to cope with the threat of malicious insiders and twice as many, 90 percent, calling malicious insiders a […]
Middle East to be Most Significant Market for Automotive Services with over 4 million Annual Light Vehicle Sales by 2020
The Middle East remains one of the fastest growing services market for automobiles with 60% more cars expected to ply in the region by 2020, according to a recent study by Frost and Sullivan. This, coupled with the fact that the region experiences harsh climate conditions, and is seeing an increased demand for convenience, has […]