Category Archives: Business & Investments

Business & Investments

MENA’s Leading Gaming and Esports Agency, Power League Gaming is Acquired by Regional Technology Distribution House,Muller & Phipps Middle East Group Holdings

MENA’s Leading Gaming and Esports Agency, Power League Gaming is Acquired by Regional Technology Distribution House,Muller & Phipps Middle East Group Holdings

Deal sees Muller & Phipps Middle East Group Holdings acquire all company assets

  • Management team lead by CEO Matthew Pickering will stay on to lead the business
  • Muller & Phipps intend to invest in the business with a view to expand the operation into Saudi Arabia in Q4, 2024
  • Power League Gaming was founded in 2013 and is serving the region’s largest clients with gaming and esports strategies and content production

United Arab Emirates, Dubai 16 July 2024: MENA based Technology distribution house, Muller & Phipps Middle East Group has acquired all assets of the region’s leading gaming and esports agency, Power League Gaming. Part of the multinational giant, The Getz Group of Companies, Muller & Phipps Middle East Group Holdings serves clients with omnichannel distribution solutions for tech partners and network carriers, technology solutions for Hi-Tech and MedTech via its group company Pedigri Technologies and international sales and marketing Via Getz Technology. The acquisition will see Muller & Phipps inject investment into the business for scaling Dubai operations and expansion into Saudi Arabia in Q4 of 2024.

Continue reading MENA’s Leading Gaming and Esports Agency, Power League Gaming is Acquired by Regional Technology Distribution House,Muller & Phipps Middle East Group Holdings →
Business & Investments

Anghami Selects Bitmovin’s VOD Encoder to Power New Multimedia Streaming Platform

  • Following its merger with OSN+, Anghami has chosen Bitmovin’s VOD Encoding to encode over 40,000 video files, bringing the best video content to the MENA region on one platform.

[Abu Dhabi, UAE – July 16, 2024] — Bitmovin, a leading provider of video streaming infrastructure, announces that Anghami (NASDAQ: ANGH), the leading multi-media technology streaming platform in the Middle East and North Africa (“MENA”) region, has selected its VOD Encoding, deployed on Amazon Web Services to encode its expansive catalog of content in the highest quality at speed and scale.

Anghami recently completed a landmark deal and merged with the Dubai-based streamer OSN+, the leading video streaming platform for premium content, to become the first platform in the Middle East and North Africa to provide customers with premium film, TV, and music for a combined user base of over 120 million users. The joint venture aims to build a new and exciting media ecosystem that leverages Anghami’s existing tech stack and huge music catalog with OSN+’s rich library of premium content.

Continue reading Anghami Selects Bitmovin’s VOD Encoder to Power New Multimedia Streaming Platform →
Business & Investments

Jordan Kuwait Bank Partners with Mastercard and FOO to Unveil eliWallet

Dubai, United Arab Emirates 16 July 2024:Jordan Kuwait Bank (JKB) is pleased to announce its strategic collaboration with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment.

eliWallet, developed by Jordan’s leading banking provider JKB, is a state-of-the-art prepaid wallet offering both virtual and physical cards for multicurrency transactions, and methods to provide a timely method of payment for customers, enabling them to carry out transactions with ease, whether in store, using the app, or shopping online. With eliWallet, users gain the opportunity to transfer money swiftly across borders, In addition to the advantage of the first family wallet in Jordan.

Continue reading Jordan Kuwait Bank Partners with Mastercard and FOO to Unveil eliWallet →
Business & Investments

EGA completes design phase of next generation smelting technology, readies pilot reduction cells

Abu Dhabi, United Arab Emirates: 16 July 2024: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the completion of the design phase of the company’s next generation smelting technology, EX.

EX reduction cells are larger than EGA’s most recently industrialised technology DX+ Ultra, enabling higher amperage and improved current efficiency, increasing production capacity by up to 22 per cent.

Continue reading EGA completes design phase of next generation smelting technology, readies pilot reduction cells →
Business & Investments

Middle East workforce embrace upskilling to thrive in the age of GenAI and climate change, says new PwC report

1 Comment
  • 63% foresee tech disruption and 54% anticipate climate change impact on jobs.
  • Nearly half of the employees in the region are considering changing employers within the next 12 months.
  • Employees prioritise skills-growth: Nearly two-thirds (61%) of employees say they need to learn new tools and technologies to perform their jobs.
  • More than 25% of regional workers use GenAI regularly at work while demonstrating recognition of its risks, such as bias (64%) and misleading information (56%).
  • More regional (81%) than global (65%) employees value flexibility at work, while 81% of regional workers say they work remotely with their employers’ approval.

Dubai, United Arab Emirates – 15 July 2024 – Employees in the Middle East are actively embracing transformation and showing greater alignment with their organisations’ long-term goals than their global counterparts. According to the latest PwC Middle East Workforce Hopes & Fears Survey 2024, a remarkable 85% of more than 1,500 regional employees clearly understand their organisations’ goals, surpassing the global average of 77%. Additionally, there is a high level of trust in leadership, with 80% of employees expressing confidence in their leaders’ ability to fulfil commitments and promises, higher than the global average of 68%.

Continue reading Middle East workforce embrace upskilling to thrive in the age of GenAI and climate change, says new PwC report →