The UAE retail economy continues to show robust signs of recovery, surpassing 2019 levels by achieving a 4.5 per cent growth in overall consumer spending in 2021 and presenting a positive outlook for 2022. Unsurprisingly, eCommerce flourished in 2021 as consumers continued to prioritise convenient shopping experiences. POS (point of sale) data revealed a 104 […]
Sage Africa and Middle East, the provider of business management software and TimeLinx Software, publishers of TimeLinx Project and Service Management solution have agreed to expand their distribution agreement to include the entire region. The original agreement was reached in 2016 but was limited to 11 countries in the Middle East. “TimeLinx is very pleased […]
As part of DAMAC’s vision towards digitisation and commitment to listen to and address customer needs, the Company’s Technology Department has implemented a variety of new tech-features to simplify processes for DAMAC residents. Entry into DAMAC towers and communities will become easier and more efficient with the roll out of VMS (Visitors Management System). Under […]
Baly, Iraq’s first superapp, announced the closing of the largest seed round in the tech history of Iraq. The company, backed by Germany’s Rocket internet, raised $10.5 million from Kingsway Capital, MSA Capital, Global Founders Capital, Vostok Ventures, Majid Al Futtaim and March Holding. The amount and the class of participating investors signals strong confidence […]
Emirates Telecommunications Group Company PJSC (Etisalat Group) announced that it has completed the acquisition of elGrocer DMCC. Founded in 2015, elGrocer is an online marketplace for groceries operating in all seven Emirates of the UAE. It brings together major retailers and specialty stores on a single platform with more than 500 outlets and 120K products […]
Emerge, a social virtual connection company, announced the launch of the Emerge Home system: the first product to enable immersive ‘bare-hands’ tactile experiences in the Metaverse. A recent study from National Research Group, uncovering consumer views of the Metaverse found that the majority are excited about the Metaverse, but 78 per cent of consumers say […]
Waterfield Technologies has acquired VoxGen, a provider of bot strategy and design, accelerating the growth of its conversational artificial intelligence practice. Financial terms of the deal were not disclosed. “VoxGen will be an integral part of our conversational AI practice,” said Evan Jones, chief customer officer of Waterfield. “Companies, from mid-market to enterprise, are transforming […]
Egypt-based Splendapp has raised a six-figure pre-Seed round from Saudi Arabia-based angel investors. Founded in 2020 by Mohamed Shahin and Mohamed Khaled, SplendApp helps its users create mobile applications for their own use in less than 48 hours. The company plans to use the funding to develop its software stack and accelerate its expansion in […]
Emerson, a global technology and engineering company, has signed an agreement with Saudi Aramco, thus reinforcing its partnership with the Saudi group in advancing localisation initiatives in the kingdom. The duo signed the deal at the In-Kingdom Total Value Add Program (iktva) 2022 Forum & Exhibition held recently. The agreement recognises Emerson as a major […]
NOBL Media, providers of a credibility targeting solution for programmatic advertising, has integrated with Basis Technologies, a provider of cloud-based workflow automation and business intelligence software for marketing and advertising. NOBL’s artificial intelligence-based technology evaluates digital content across the Internet to determine its trustworthiness and credibility. Ads are then placed alongside content with the highest […]
