Category Archives: Business & Investments

Business & Investments

Dahua Technology unveils cutting-edge experience centre in Dubai

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A gateway to new era of innovation: Dahua Technology unveils cutting-edge experience centre in Dubai

Leading provider of video-centric smart IoT solutions elevates regional presence with an aim to ring in a ‘new era’ of collaborations

Dubai, Jan 17 —Dahua Technology Middle East & North Africa, a leading global tech and security solutions provider, announced the grand opening of their state-of-the-art experience centre in Dubai on Tuesday following a ribbon-cutting ceremony that was attended by Brigade Mohammad Karam, Head of Dubai Police Traffic Department. This innovative hub, strategically located in the heart of the Middle East, stands as a testament to Dahua’s unwavering commitment to unity, growth, and breakthrough technology, according to the privately held company founded in China.

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Business & Investments

Global Smart Building market to top US$408 billion by 2030, says Light + Intelligent Building Middle East expert  

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Grace Najjar, CEO, Align Management Solutions and Chairperson of the Smart Building Summit, highlighted the growth of the industry

Captured by Lights In Motion
H.E Dr Ali Al Jassim, Chairperson, Emirates Green Building Council, outlined key learnings from COP28

The 2024 edition continues until Thursday, 18 January

Dubai, UAE: The second edition of the Smart Building Summit has begun atLight + Intelligent Building Middle East, the region’s largest exhibition for lighting and building technology, with insights from a range of experts highlighting the potential growth of the industry and the path to creating sustainable smart buildings.

Captured by Lights In Motion
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Business & Investments

Open Banking Market in Arab Countries Can Reach $1.17 bn according to Recent Fintech Report 2024

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Open Banking Market in Arab Countries Can Reach $1.17 bn according to Recent Fintech Report 2024

  • Unveiling the Era of Central Bank Digital Currencies in the Middle East
  • ESG Commitments and Trends: Over 1 Trillion of AED into Sustainable Financing

Fintech trends in 2024: navigating the future of financial technology in the Middle East in exclusive report by red_mad_robot

(Dubai, UAE – 17 January) — The latest report by red_mad_robot paints a compelling picture of the future exploring fintech trends shaping the Middle East in 2024. Based on the comprehensive research, it predicts a remarkable 25% annual growth in the Open Banking market across Arab countries over the next five years, with the potential to soar to a staggering $1.17 billion.

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Business & Investments

SEF 2024 reveals world-renowned speakers in Media, Investment, Gaming, Tech and Culture for the 2-day festival

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Organised by Sharjah Entrepreneurship Center (Sheraa) from 3-4 February, 2024

SEF 2024 reveals world-renowned speakers in Media, Investment, Gaming, Tech and Culture for the 2-day festival

  • Digital Transformation and Leadership: HRH Prince Faisal bin Bandar Al Saud, Chairman, Saudi Esports Federation, Steven Bartlett, Chris Barton and Dr. Aisha Bin Bishr.
  • Media, Arts, and Culture Influencers: Featuring Nadine Labaki, Joe Hattab, and Aboflah.
  • Emerging Business Leaders and Innovators: Abdullah Abu Sheikha, Abdulaziz B. Al Loughani, and Payal Kadakia.
  • Health and Wellness Expertise: With insights from Jessie Inchauspé, Lana Nahawi and Mohit Kumar.
  • Culinary and Lifestyle Excellence: Showcasing Mouza Alabbar, Amna Al Hashemi along with Salam Dakkak.
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Business & Investments

Convergence Partners in a buyout of the Datacentrix Group

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Convergence Partners in a buyout of the Datacentrix Group

17 January 2024, Dubai-UAE – Convergence Partners today announced that its Convergence Partners Digital Infrastructure Fund (CPDIF) has entered into a definitive agreement with Alviva Holdings Limited to acquire 100% of Datacentrix Group. The acquisition is alongside the existing Datacentrix management team that has successfully led the company for over 20 years.  Alviva is exiting Datacentrix pursuant to its delisting from the JSE in early 2023, to focus on its core operations in hardware distribution. Terms of the transaction were not disclosed.

The transaction aligns with the CPDIF’s strategy of investing in high growth companies that are leading champions in their field with strong management teams and deep customer and vendor relationships. 

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