Category Archives: Business & Investments

Business & Investments

Payrails and Ride-hailing app inDrive partner to improve Dynamic Transaction Routing & Localization

Dubai, May 22nd, 2024 – Payrails, a leading payment platform catering to global enterprises is announcing a strategic collaboration with inDrive, the world’s second most downloaded ride-hailing app. The partnership enables California based inDrive to overcome the challenge of integrating multiple payment service providers (PSPs) and alternative payment methods (APMs) across different regions, such as MENA.

Payrails implemented a solution featuring a PSP-agnostic integration layer, dynamic payment routing, and expanded alternative payment method coverage. inDrive achieved an 11% increase in card approval rates as part of an effort to boost conversion rates, accomplishing this in a fraction of the time usually required to launch each new integration.

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Business & Investments

CIPS MENA Conference and Awards 2024

CIPS MENA Conference and Awards 2024 saw experts and thought leaders deliver groundbreaking seminars and panel discussions

  • Conference is the largest event in the institute’s 93 year history with over 1200 delegates in attendance
  • Excellence in Procurement Awards shone spotlight on outstanding procurement professionals

Dubai, UAE; May 22, 2024: The Chartered Institute of Procurement and Supply (CIPS) held its annual CIPS MENA Conference 2024 at the Hilton Riyadh Hotel on 16th May 2024. With 1200 delegates in attendance, this is the largest regional event in the institute’s 93 year history.

The conference provided an opportunity for procurement professionals to hear from world renowned thought leaders on the most pressing issues facing procurement and supply chain professionals today.

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Business & Investments

Ciena Appoints Chris Bayly as Managing Director of Saudi Arabia

Ciena Appoints Chris Bayly as Managing Director of Saudi Arabia

Bayly will provide strategic leadership for Ciena’s growth plans in the Kingdom, leveraging opportunities unleashed by Vision 2030

Chris Bayly as Managing Director of Saudi Arabia

RIYADH, Saudi Arabia – May 21, 2024 – Networking systems, services and software company, Ciena (NYSE: CIEN), has appointed Chris Bayly as Managing Director of Saudi Arabia. Bayly is responsible for Ciena’s regional strategy and business operations, focusing on addressing customer needs and opportunities in the market.

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Business & Investments

Joyalukkas opens Houston showroom

Joyalukkas opens Houston showroom with Exciting Inaugural Offers!

Houston, Texas, USA – Joyalukkas, the renowned global jewellery brand, proudly held the grand inauguration of its Houston outlet on Saturday, May 18th, 2024. Esteemed dignitaries, Mr. K. P. George, Fort Bend County Judge, and Ms. Julie Mathew, Presiding Judge of County Court Law 3 attended the ceremony in the presence of Mr. Joy Alukkas, Chairman Joyalukkas Group.

Speaking at the inauguration Mr. Joy Alukkas said, “We are excited to start our journey in Houston, thanks to the support and blessings of our valued customers and our well wishers. Our growth continues and our plans for expansion is aggressive. Our pledge is to keep delighting jewelry lovers with the best experience in jewelry shopping.”

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Business & Investments

Bitget Appoints Gracy Chen as CEO

 Bitget becomes the only crypto exchange in the top 10 with a female CEO

 

Global, May 22, 2024 — Bitget, the leading cryptocurrency exchange and Web 3 company, today announces the appointment of Gracy Chen as its new Chief Executive Officer (CEO), effective in May 2024, succeeding Sandra Lou, who will be leaving the platform to pursue her own business goals. With over 10 years of experience in business management, marketing, and investment, Gracy proves herself to be a leading female entrepreneur in the crypto world.

 

Since 2014, as a notable TV host, Gracy found herself increasingly drawn into the dynamic world of blockchain technology, hence, cryptocurrencies through her interactions with knowledgeable guests like Tim Draper. Each interview not only enriched her show but also deepened her fascination with this emerging field. Her growing passion for the subject soon evolved to invest in several crypto startups, including Bitkeep (currently Bitget Wallet), the largest Web 3 multi-chain wallet in Asia.

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