Category Archives: Business & Investments

Business & Investments

BCG and Global Cybersecurity Forum Reveal Quantum Computing’s $50B Global Business Impact at GCF 2025

  • Quantum computing poised to unlock $50+ billion in value across multiple industries while posing critical cybersecurity threats
  • Transportation and logistics sector could capture $400M-$1.2B in quantum-driven efficiencies, while Oil & Gas leads with potential savings of $6-30 billion
  • Organizations investing $13 billion annually in quantum technologies as commercial applications approach reality

Shoaib Yousuf, Managing Director and Partner, BCG

Riyadh, Saudi Arabia, October 2, 2025 – Boston Consulting Group (BCG), in collaboration with Global Cybersecurity Forum (GCF), unveiled ” The Quantum Leap: Navigating the Future of Computing” report at the GCF Annual Meeting 2025. The comprehensive study examines how quantum technologies are transitioning from laboratory research to commercial applications, presenting organizations with opportunities alongside cybersecurity challenges.

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Business & Investments, Life Style & Leisure

SupperClub Middle East Partners with Visa to Redefine Luxury Living for Newly launched Visa Private Card

Dubai, UAE – October 02,2025 : – SupperClub Middle East, the region’s most coveted luxury membership platform, today announced an exclusive partnership with Visa’s new card, Visa Private, bringing unprecedented access to Dubai’s most sought-after dining and lifestyle experiences. This strategic alliance positions the GCC as the global launchpad for Visa’s most premium card offering, reinforcing the nation’s status as the world’s luxury capital.

Yuri Topunov, VP & Head of Products & Solutions for MENA Visa and Mehreen Omar, Co-founder of SupperClub Middle East

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Business & Investments

FIBO Arabia officially opens

  • Naif Al Dossary, advisor to the Deputy Minister of Sports in the Kingdom, officially opened the inaugural edition of FIBO Arabia today
  • Held at the Riyadh Front Exhibition & Conference Center, the event is expected to welcome over 10,500 visitors
  • FIBO Arabia is the region’s leading international trade exhibition for health, fitness and wellness

Riyadh, Saudi Arabia, 1 October 2025: The inaugural edition of FIBO Arabia, the region’s leading international trade exhibition for the health, fitness and wellness industries, was officially opened today by Naif Al Dossary, advisor to the Deputy Minister of Sports in the Kingdom.

Held at the Riyadh Front Exhibition & Conference Center, the exhibition marks a significant milestone in Saudi Arabia’s transformation into a global hub for healthy living and sporting excellence.

Organised by RX Arabia under the theme ‘For a Strong and Healthy Society’, FIBO Arabia takes place from 1 – 3 October and will bring together over 140 international and regional exhibitors, 50 global speakers, and an anticipated 10,500 visitors across three high-impact days.

Naif Al Dossary, Advisor to the Deputy Minister of Sports in the Kingdom, officially opened the inaugural FIBO Arabia 2025, taking place from 1–3 October at the Riyadh Front Exhibition & Conference Center. Image Courtesy: RX

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Business & Investments

HIMA appoints CEO for Sella Controls

The HIMA Group has appointed Carl Ramsden as CEO of Sella Controls – A HIMA
Company – effective October 1, 2025. This newly created position represents an important milestone in the further integration of the British company into the HIMA Group.

Dubai – October 1, 2025

With Carl Ramsden, the HIMA Group gains an experienced leader. He brings more than 20 years of international leadership and financial expertise from the industrial and technology sectors, including senior positions at a chemical company and an automation manufacturer. He has worked on both the manufacturing and end-customer fronts, giving him a comprehensive understanding of both perspectives within the industrial value chain.

Jörg de la Motte

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Business & Investments

Globant and Infobip Announce Strategic Partnership to Accelerate AI-Powered Enterprise Engagement Across MENA

Riyadh, Kingdom of Saudi Arabia, 1 October 2025 – Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, and Infobip, a global leader in omnichannel communications, today announced a strategic partnership to deliver next-generation AI-powered conversational engagement for enterprises across the MENA region.

Veselin Vukovic-Chief Alliances Officer at Infobip

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