Dubai, UAE June 29, 2026:
Cars24, the global auto-tech platform, has announced the launch of Cars24 Labs, a dedicated AI build, partner, and investment arm backed by a AED 75 million commitment. The initiative marks the company’s most significant strategic bet to date, and its clearest signal yet that it intends to be an AI-native business, not just an AI-enabled one.
Continue reading Cars24 commits AED 75 million to AI with the launch of Cars24 LabsRiyadh, KSA, 29 June 2026 – Assets under management (AuM[1]) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG). The findings, released as part of BCG’s Global Asset Management Report 2026: An Imperative for Growth, reveal that the GCC retail segment demonstrated particularly strong performance, recording growth of 14% while institutional assets increased by 9%. While institutional assets continue to dominate the regional market, retail assets are growing at a faster pace, with retail representing 7% and institutional assets accounting for 93% of total regional AuM.
Mohammad Khan, Managing Director & Partner, BCG
Continue reading GCC Asset Management Reaches $2.7 Trillion in 2025, Up 10% from 2024Blue Ocean Corporation, University of Wales Trinity Saint David Inks Partnership to Plug Human Capital Deficit in Middle East
Dubai/London, June 29, 2026: On the back of the huge competency deficit in the region with corporate hiring stymied by lack of organic talent supply, Blue Ocean Corporation, the world leader in training and consulting, today announced a strategic partnership with the University of Wales Trinity Saint David (UWTSD), one of the UK’s oldest and most respected universities to offer certified human capital development programmes.
Continue reading Blue Ocean and UWTSD Join Forces for Leadership Development in GCCTech Mahindra Partners with Perplexity to Enhance AI-Powered Sales and Customer Engagement
Pune – June 29, 2026: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Perplexity to embed AI-powered intelligence across its sales organization. Through the deployment of Perplexity Enterprise Pro, Tech Mahindra aims to empower its sales teams with faster access to trusted, source-backed insights, enabling them to better understand customer priorities, engage more effectively, and deliver greater business value.
Mohit Joshi, Chief Executive Officer & Managing Director, Tech Maindra
Continue reading Tech Mahindra Boosts AI in Sales with Perplexity PartnershipNemetschek Arabia and KEO Group sign strategic collaboration agreement to advance digital facilities management across the GCC
Partnership will support smarter asset management, lifecycle optimization and data led facilities operations across the region.
Abu Dhabi, UAE – 29 June 2026 – Nemetschek Arabia, part of the Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has signed a strategic collaboration agreement with KEO Group, a leading multidisciplinary consulting firm.
The agreement establishes a framework for collaboration aimed at advancing digital facilities management practices and supporting smarter, more efficient built environments across the Gulf region.
Continue reading Nemetschek and KEO Group: Advancing Digital FM in GCC
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