Category Archives: Business & Investments

Business & Investments

TiE Dubai announces fifth edition of TiE Women MENA to empower women entrepreneurs in the region

TiE Dubai announces fifth edition of TiE Women MENA to empower women entrepreneurs in the region

Applications are open until June 1st, 2024, inviting women-led ventures to demonstrate their innovation and business savvy to join a powerful network of changemakers

Dubai, UAE – [May 14,2024] – The Dubai chapter of The Indus Entrepreneurs (TiE) has officially launched the fifth annual TiE Women MENA Program 2024, an empowering initiative designed to support and elevate women entrepreneurs across the MENA region. The program expands its reach to include 5 categories UAE, Emirati, the Kingdom of Saudi Arabia, Egypt, and the rest of the Middle East, underlining its commitment to fostering gender parity in entrepreneurship in line with government efforts.

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Business & Investments

Stellantis Pro One Achieves No. 1 Spot in Middle East & Africa Region

Stellantis Pro One Achieves No. 1 Spot in Middle East & Africa Region and Strengthens Commercial Vehicle Leadership in Europe and South America

  • Achieves No. 1 spot with a record 26% market share in Middle East & Africa, led by strong performance in Algeria with the FIAT brand
  • Confirms market leadership in Europe 30 and South America
  • North America plays a key role in Pro One success; Ram announces new professional commercial vehicle division
  • Stellantis Pro One on track to global leadership by 2027; achieve Dare Forward 2030 target
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Business & Investments

UAE’s Etisalat Secures Position as Fourth Highest Value Creator in Global Telecommunications, BCG Report Finds

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UAE’s Etisalat Secures Position as Fourth Highest Value Creator in Global Telecommunications, BCG Report Finds

  • Etisalat has realized a USD $18 billion value increase from 2019-2023, marking a substantial global impact
  • GenAI emerges as the latest value-enhancer for global telcos, transforming customer support into a cost-effective, efficiency-driven domain.

Dubai, May 14, 2024— Etisalat, a leading telecom operator in the United Arab Emirates (UAE), has been identified as the fourth highest value creator globally in the telecommunications sector, according to the Boston Consulting Group’s (BCG) 2024 Telco Value Creators Report. With a substantial USD $18 billion in value created between 2019-2023, Etisalat has achieved a significant milestone on a global scale.

The BCG report, titled “A New Formula for Success: The 2024 Telco Value Creators Report,” explores how telecommunications players have overcome challenges, such as stagnant revenue streams and varying investment returns, particularly from sizeable outlays like 5G networks. Despite these sector-wide difficulties, Etisalat UAE has excelled by employing a comprehensive strategy to foster growth.

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Business & Investments

Yango unveils AI-driven warehouse robotics at Seamless ME to combat rising fulfilment costs across industries

Yango unveils AI-driven warehouse robotics at Seamless ME to combat rising fulfilment costs across industries

Dubai UAE, 14 May 2024: Yango, a global tech company, is set to debut its AI-driven warehouse robotics mobile and pick-and-place solutions at this year’s Seamless Middle East. This launch is a part of the Yango B2B technologies ecosystem, introducing advanced solutions promising transformative benefits throughout the entire supply chain. These solutions aim to combat rising fulfilment costs, which have increasingly burdened sectors such as e-commerce, retail, logistics, and manufacturing.

Alexei Filippov, Head of Global Business Development at Yango Robotics

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Business & Investments

The 13th GPCA Plastics Conference was held from 13-14 May 2024

GCC Industry Leaders Solidify Commitment Toward Plastic Circularity, Addressing Waste

The 13th GPCA Plastics Conference was held from 13-14 May 2024 at the Address Sky View Hotel, Dubai, UAE

Dubai, UAE, 14 May 2024 – Arabian Gulf industry leaders reaffirmed their commitment to adopting a collaborative approach to develop plastic circularity, invest in Design for Recycling (DfR) and address plastic waste at the 13th annual Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Conference held from 13-14 May 2024 at the Address Sky View Hotel, Dubai, UAE.

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