Business & Investments

DIFLEX 2024, Region’s largest B2B event to run during December 10-12

Surging retail spends in MENA to catalyse footwear and leather growth to nearly USD 28 billion

  • MENA retail market valued at over USD 800 billion currently is growing at 7.12 per cent CAGR
  • The region’s largest footwear & leather product’s show attracts over 250 brands from 15 countries, 10,000 product lines, 300 global buyers, and 4,000 trade visitors on showcase

Dubai, December 4, 2024:  On the back of robust retail spends growing at over 7 per cent CAGR, fuelled by an increasing affluent and young consumer base in the Middle East and Africa (MENA) region, leather and footwear market is poised to harvest a windfall growth of nearly USD 28 billion in the next five years.

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Technologies

Tealium signs strategic collaboration agreement with AWS to accelerate AI-driven growth in MEA region

The strategic partnership underscores Tealium’s commitment to data privacy, residency, and AI innovation in the Middle East.

DUBAI, UAE | December 04, 2024 — Tealium, the largest independent and most trusted customer data platform (CDP), has entered into a global multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).

This partnership highlights Tealium’s investment in the Middle East and Africa (MEA) region, particularly the United Arab Emirates by aligning with regional data residency regulations and supporting the nation’s digital transformation initiatives.

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Technologies

Yango Robotics to showcase the next generation of picking solutions at Logimotion 2024

Dubai, UAE – 04 December 2024 – Yango Robotics, one of the global experts in AI-powered robotic solutions for warehouse automation, and part of global tech company Yango Group, will present its latest AI-powered warehouse automation solutions at Logimotion 2024 in Dubai on December 10-11.

The event will bring together global industry leaders to explore innovations transforming warehousing, supply chains, e-commerce and logistics. Yango Robotics will highlight its range of solutions that boost warehouse efficiency developed to address the growing demands of these industries across the MENA region.

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Education

British Orchard Nursery Opens New Branch at Dubai Public Prosecution to Support Emirati Working Mothers

  • Nursery is committed to fostering local identity in young children: Arabic, Islamic studies, and UAE cultural values integrated into the curriculum
  • Employee happiness, productivity and retention are on the rise with on-site nurseries
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4th December 2024; Dubai, UAE – British Orchard Nursery, a leader in early childhood education, has partnered with Dubai Public Prosecution to open a new branch at their premises, providing high-quality care and education to the children of their employees. His Excellency Chancellor Essam Issa Al Humaidan, the Attorney General of Dubai, officially inaugurated the nursery in the presence of senior members of the Dubai Public Prosecution staff and the management of the British Orchard Nursery chain.

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Shopping & Promotions

White Friday 2024: Mobile In-App Purchases Surge by 74%, Led by iOS Growth

AppsFlyer insights reveal a 29% year-over-year increase in in-app purchases and an 81% spike in remarketing conversions, highlighting evolving shopping behaviors in Saudi Arabia and the UAE. 

Dubai, United Arab Emirates — December 4, 2024 — AppsFlyer, the global leader in marketing measurement, attribution, and data analytics, today released its White Friday 2024 insights, showcasing significant growth in mobile commerce activity in the Middle East. Smartphone in-app purchases on White Friday 2024 increased by 74% compared to average Fridays in November, a sharp rise from 24% in 2023. Year-over-year, White Friday purchases grew by 29%, driven by a 36% increase on iOS and near-flat performance on Android (-1% YoY change).

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