Category Archives: Business & Investments

Business & Investments

BKN301 Group uses its BaaSOrchestrator solution ‘301pay’ to elevate MENA’s eCommerce landscape

To drive innovation and economic growth across the region

BKN301 Group uses its BaaSOrchestrator solution ‘301pay’ to elevate MENA’s eCommerce landscape

  • The Middle East eCommerce market is set to reach USD 50 Billion by 2025 due to the widespread adoption of cutting-edge technologies and other factors
  • By 2029, the global online payment gateway market is expected to surpass USD 28.66 billion.

June 24, 2024: Leading the charge in innovation, BKN301 Group’s advanced BaaS orchestrator payment gateway solution ‘301pay’has been providing businesses of all sizes with unprecedented control over their payment processes, contributing to the ongoing growth of the MENA eCommerce market. The multi-merchant payment orchestrator platformallowsbusinesses to effortlessly accept payments from customers worldwide through developer-friendly APIs, further streamlining global transactions and expanding market reach, while improving customer satisfaction.

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Business & Investments

Companies with higher gender diversity are 21% more likely to experience above-average profitability

The role of female leaders discussed at the ACCA Women In Finance event in Oman, in collaboration with OACPA

Dubai, UAE; June 25, 2024: Of the world’s 500 biggest businesses, only 41 are led by women CEOs, according to Catalyst. Statistics state that companies with higher gender diversity are 21% more likely to experience above-average profitability, so it is vital that companies recognise the untapped potential within our society and work towards gender-equality in the workplace.

In response to this, the Association of Chartered Certified Accountants (ACCA) and the Oman Association of Chartered Public Accountants (OACPA) held the Women In Finance: Stories from the Top event in Muscat, Oman recently, with over 90 delegates in attendance.

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Business & Investments

IAN Group &iAccel GBI partnership brings MEA investors & markets to Indian startups

24 June 2024, Dubai, United Arab Emirates: IAN Group is excited to announce its strategic partnership with iAccel Gulf Business Incubator (iAccel GBI), a go-to-market and startup accelerator under the patronage of Dubai SME. This collaboration is set to open up significant opportunities for Middle Eastern investors looking to explore and invest in the thriving Indian startup ecosystem and Indian startups expand their business in the UAE.

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Business & Investments

GCC LUXURY RETAIL MARKET SURGES AHEAD: AN IN-DEPTH ANALYSIS BY CHALHOUB GROUP

  • GCC’s luxury sector outpaces global trends, highlighting record growth and market dynamics
  • Strategic insights from Chalhoub Group’s reveal key drivers and consumer behaviours from across the region.

United Arab Emirates,Dubai,24thJune 2024:The GCC’s luxury market continues to outpace global growth, achieving unprecedented milestones in 2023,according to Chalhoub Group.With the personal luxury market in the GCC growing at double the speed of the global industry and reaching a record USD 12.5 billion by the end of 2023, the industry’s significant growth highlights the region’s robust demand for high-end fashion, luxury watches and jewellery, andprestige beautycementing the GCC’s key role in the global luxury landscape.

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Business & Investments

Centena Group achieves robust growth in fiscal year 2023 with 28%increasein UAE

Company recorded a30 per cent increase globally, highlighting its exceptional accomplishments across global operations

UAE, June 24, 2024

Centena Group, a UAE-based multinational conglomerate and leading player in the field of science, engineering, education, and technology solutions,reported significant growth rate of 28 per cent in the UAE, underlining its solid presence in the local market, and an impressive 53 per cent in Saudi Arabia.

The company also reported30 per cent growth globally, demonstrating its commitment to delivering best-in-class technology services to customers around the world.

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