Daily Archives: December 19, 2024

Technologies

Yango Tech Supports 4.3 million orders in 2024, grows global footprint

Dubai, UAE, December 19, 2024—Yango Tech, a leading provider of proprietary e-commerce technologies and part of the global tech company Yango Group, has expanded its international footprint this year.  While operating across many regions worldwide, Yango Tech established new partnerships in 2024 in the UAE, Saudi Arabia, India, Bolivia and other countries, helping more businesses deliver quicker, operate more efficiently, and create better customer experiences.

In 2024, the company achieved a 40% increase in retail and e-grocery partnerships, supporting 4.3 million orders globally. The company enabled its partners to offer same-day or faster delivery with an average click-to-enjoy (CTE) time of just 30 minutes, reinforcing its commitment to retail efficiency. The company introduced 84 new features across its systems and APIs to enhance partner capabilities, offering improved scalability, personalization, and seamless integration for better customer experiences.

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Technologies

Huawei ranked first in IDC’s Global Wearables Market for First Three Quarters of 2024

Dubai, UAE, December 19, 2024 – Huawei has been ranked first in IDC’s Global Wearable Device Market Quarterly Tracking report for global shipments in the first three quarters of 2024. Renowned for its cutting-edge products that blend innovative health and fitness features with trendy designs, being ranked top in the market consistently across three quarters is a testament to Huawei’s leadership in the industry. This recognition underscores Huawei’s influential success and dedication to revolutionising the wearables technology market.

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Business & Investments

RTA earns global recognition with the (CIPS) Procurement Excellence Certification

RTA earns global recognition with the Chartered Institute of Procurement and Supply (CIPS) Procurement Excellence Certification

Dubai’s Roads and Transport Authority sets a new benchmark for public sector procurement and supply chain management with this certification

Dubai, UAE; December 19, 2024: The Roads and Transport Authority (RTA) has successfully completed the globally acclaimed CIPS Procurement Excellence Programme, demonstrating its leadership and commitment to procurement best practices. The certification, awarded by the Chartered Institute of Procurement & Supply (CIPS), was presented at RTA’s headquarters in Dubai by Ben Farrell, CEO of CIPS, and Sam Achampong, Regional Director of CIPS MENA.

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Business & Investments

AD Ports Group Appoints Egypt’s Hassan Allam Construction to Build Noatum Ports – Safaga Terminal Infrastructure

Cairo, Egypt / Abu Dhabi, UAE  – 18 December 2024: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics and industry, today appointed Hassan Allam Construction, Hassan Allam Holding’s flagship subsidiary and one of the leading contractors in Egypt and the MENA region, to build the infrastructure of Noatum Ports – Safaga Terminal on Egypt’s Red Sea coast, which will be the first internationally operated port terminal in Upper Egypt region.

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Business & Investments

Klub and ADGM’s Numou partner to fund SMEs and startups in the UAE

United Arab Emirates, December 19, 2024 – Klub, a fintech leader in Revenue Based Financing, has partnered with Abu Dhabi Global Market’s (ADGM) Numou platform to support SMEs and startups across the UAE. This collaboration aims to bridge the financing gap for small businesses in the region, ensuring faster and more accessible funding for entrepreneurs.

This partnership follows Klub’s earlier announcement of a 1 billion AED credit fund under ADGM’s progressive credit fund regime, reaffirming its mission to make capital easily accessible for SMEs and startups in the UAE. The Numou platform, designed to provide tech-driven, seamless financing solutions, aligns with Klub’s goal to empower businesses and drive regional economic growth.

Khalifa Al Zaabi, General Manager, Numou, added, “We are very excited about the partnership with Klub and look forward to the ongoing collaboration. This partnership aligns with Numou’s commitment to empowering UAE SME’s with access to innovative financial solutions.”

“Over 95% of businesses operating in the country are SMEs that contribute to over 40% of the GDP. Yet less than 10% of SMEs have access to timely and flexible funding,” said Anurakt Jain, Co-Founder & CEO at Klub. “Our partnership with Numou underscores our commitment to solving this issue by leveraging technology and local expertise to provide swift, tailored financing for businesses across the UAE.”

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