Content Managers: Daniel Edwards, Sumana Shankar, Ana Watson
Content Writers: Baldeb Ram
Business Development
Leo Morgan, Alisha Taylor, Jane Sanders, James Smith, Jason Brown, David Johnson, Stella Grace, John Davis, Nancy Miller, Alex Milo
Graphic Designer Chandan R
Video Editor C Gidieon Sam Issac
Account Manager Agnes Wong
Registered Adddress: Sharjah Media City (Shams), Al Messaned City, Al Bataeh, Sharjah, United Arab Emirates, P.O. Box: 515000
Office Address: Suite No 502, Al Tawhidi 1 Building, Floor 5, Khalid Bin Al Waleed Road, Bur Dubai, Dubai, UAE.
Email: info@intlbm.com
Phone: +971 55 683 6713
.......Note From EDITORIAL Welcome
Age of Digitization: Making the Impossible Possible
Innovation is essential for success in artificial intelligence, robotics, and automation. Industries are adopting these technologies and training future workers to improve efficiency and deliver advanced products and services.
This insightful edition of our magazine highlights the significant impact of emerging technologies such as artificial intelligence, automation, and robotics on core sectors. These advancements are transforming areas like logistics, software management, data inventory platforms, and digitized banking and finance, ultimately streamlining workflow and improving efficiency.
Our editorial team and subject matter experts have discussed how the UAE has become a leader in real estate and fintech, a topic our audience won’t want to miss.
This edition highlights tech leaders like Accenture, Amazon Web Services (AWS), and Tech Mahindra, who are enhancing the AI sector with innovative devices and advanced AI-powered cybersecurity solutions.
As technological advancements progress, protecting our planet and ensuring our survival has become increasingly important. Climate change presents a significant challenge in the 21st century, making carbon capture technology a vital solution. This edition celebrates carbon capture and its role for a sustainable future.
Countries like the UAE, Bahrain, and Saudi Arabia recognise the importance of artificial intelligence, robotics, and automation. They are training their youth to be prepared for these emerging technological trends, a topic we also explore in this magazine.
International Business Magazine always strives to award the best innovative ideas, business and finance intellectuals, budding entrepreneurs, and awesome global firms.
Be sure to check out our website at
Capgemini Elevates Core Leadership Roles to Boost France-Egypt Economic Ties
BENEFIT Launches Hadeya to Boost Digital Gifting Experience
The Benefits of Implementing Telecom Expense Management Solutions for Businesses Business in a Fragmented World: How to Navigate the New Global Order 28 38 52 46
AWP Company stands out by integrating cutting-edge technology with industry-specific insights.
You’ll find their approach to streamlined processes invaluable, as it reduces redundancy and minimizes bottlenecks. This precision guarantees that resources are utilized effectively, leading to a more agile operational framework.
AWP’s workforce optimization strategies are particularly significant. By leveraging data analytics, they identify skill gaps and allocate tasks based on individual strengths, ultimately improving team performance.
This method not only enhances productivity but also boosts employee satisfaction and retention. The company’s initiatives are based on meticulous research and a deep understanding of industry dynamics, ensuring that you can achieve superior outcomes without unnecessary expenditure or effort.
Gaining a Competitive Edge
To gain a competitive edge in today’s fast-paced market, AWP Company employs a strategic blend of innovation and intelligence. By conducting thorough competitive analysis, they identify market trends and shifts that others might overlook.
This insight allows them to refine their strategic positioning, guaranteeing they not only meet industry standards but set new benchmarks. When you leverage AWP’s methods, you can anticipate competitors’ moves and adapt accordingly.
Their focus on data-driven decisions guarantees that every step is calculated, minimizing risks and maximizing opportunities. By understanding the competitive landscape, you can craft strategies that differentiate your offerings.
AWP’s approach empowers you to stay ahead, fostering a proactive stance rather than a reactive one in the marketplace.
Conclusion
Coincidentally, just as your industry seeks innovative solutions to stay competitive, AWP Company emerges as a pivotal partner. By harnessing cutting-edge technologies and offering tailored, industry-specific solutions, AWP not only boosts productivity and efficiency but also provides actionable insights through data analytics. Their commitment to innovation aligns seamlessly with your growth objectives, making them an indispensable ally. With AWP, you’re not just keeping pace with industry demands; you’re setting the standard for excellence and advancement.
Representational image
Data Capture Platform: The Key to Streamlining Your Workflow
Have you ever considered how a data capture platform could revolutionize your workflow? By cutting down on tedious manual entry and reducing errors, it frees up your time for more strategic tasks. Imagine having a system that not only collects but also organizes and syncs your data in real-time. With customizable dashboards and seamless integration, it enhances collaboration and decision-making. But how do you guarantee that you choose the right solution for your needs? Before making a decision, there are essential factors you shouldn’t overlook.
Understanding Data Capture Platforms
To truly grasp data capture platforms, one must first recognize their fundamental role in collecting and managing vast quantities of information.
You’ll find these platforms adept at handling diverse data types—structured, semi-structured, and unstructured— ensuring no valuable insight is overlooked.
Explore the specifics of capture methods, and you’ll see a range of techniques, from optical character recognition to IoT device integration, each designed to efficiently ingest data from various sources.
Consider how these methods quantitatively streamline data processing by reducing manual entry errors and increasing input speed.
By quantifying efficiency improvements, you better understand how platforms transform raw data into actionable intelligence.
This analytical approach is key to mastering data capture platforms and leveraging their full potential in your operations.
Benefits of Automating Data Collection
With the advent of automation in data collection, businesses can greatly enhance operational efficiency and accuracy.
You can achieve substantial time savings by streamlining processes that previously required manual input. Automating data collection reduces the time spent on repetitive tasks by up to 60%, allowing employees to focus on more strategic activities.
Error reduction is another critical benefit. Manual data entry is prone to human error, with studies indicating an error rate of approximately 1%. Automation can decrease this rate to nearly zero, ensuring data integrity and reliability.
Key Features to Look For
A robust data capture platform acts as the backbone of an efficient data collection system, so identifying the right features is crucial.
First, focus on user experience. A platform with an intuitive interface reduces training time by 30% and minimizes errors by 25%. Look for customizable dashboards that cater to specific roles within your team.
Second, prioritize mobile accessibility. With 59% of data accessed via mobile devices, verify the platform supports smartphones and tablets seamlessly. Realtime data synchronization across devices enhances collaboration and decision-making.
Moreover, consider features like optical character recognition (OCR) for converting text from images, and advanced analytics tools that provide actionable insights.
Prioritizing these features will greatly improve your data handling efficiency and accuracy.
Representational image
Integrating With Existing Systems
Selecting a platform with the right features sets the stage for seamless integration with your existing systems.
You’ll want to guarantee system compatibility by evaluating how well the data capture platform aligns with your current software and hardware infrastructure.
Analyze the platform’s API capabilities and data exchange protocols to mitigate potential integration challenges.
Quantify the time and resources needed for integration, considering the complexity of your existing systems.
For instance, if your systems are cloud-based, assess the platform’s cloud compatibility and security standards.
Be proactive in identifying potential bottlenecks by conducting a thorough system audit.
This approach minimizes downtime and guarantees a smooth changeover.
Choosing the Right Solution
When choosing the right data capture solution, it’s crucial to start by defining your specific business needs and objectives. Quantify your data volume, frequency
of capture, and types of data.
Evaluate options by shortlisting solutions that align with these metrics. Consider scalability; your chosen platform should handle increasing data loads without compromising performance.
Assess user requirements meticulously. Will the solution integrate seamlessly with your existing systems? Check user-friendly interfaces and support services, as ease of use impacts efficiency.
Analyze cost against value—don’t just opt for the cheapest. Ascertain the solution provides robust security features to protect sensitive data.
Conclusion
By implementing a data capture platform, you can reduce manual data entry errors by up to 80%, greatly boosting your team’s efficiency. This automation not only streamlines your workflow but also frees up valuable time for strategic initiatives. Look for platforms with customizable dashboards and real-time data synchronization to enhance collaboration and decision-making. In the end, investing in the right solution transforms raw data into actionable insights, driving your organization’s success and giving you a competitive edge.
Representational image
Investing in Off-Plan Properties in Dubai: Key Tips for International Buyers
Dubai’s real estate market has long been a magnet for international investors, and one of the most exciting opportunities right now is to buy off-plan property in Dubai. With attractive prices, flexible payment plans, and the potential for high returns, off-plan properties offer a unique way to enter the market.
What Are Off-Plan Properties in Dubai?
Off-plan properties are real estate projects that are sold by developers before they are completed. These properties are often available at lower prices compared to ready units, making them a popular choice for investors looking for long-term capital appreciation. Buyers can secure a unit by paying a deposit, with the rest of the amount spread over a structured payment plan.
Benefits of Investing in Off-Plan Properties
1. Lower Prices & Flexible Payment Plans – Developers often offer off-plan properties at discounted rates
with extended payment schedules.
2. Higher ROI Potential – As property values appreciate over time, early investors can sell at a profit once the project is completed.
3. Choice of Prime Units – Buying early means you get the best selection of units, whether in terms of view, layout, or floor plan.
4. Modern Amenities & Designs – New developments often come with cutting-edge designs, smart home technology, and premium amenities.
Why Is Investing in Off-Plan Properties in Dubai Attractive to International Buyers?
Dubai’s property market is one of the most dynamic in the world, and international investors are taking notice. Here’s why:
• Tax-Free Capital Gains – Unlike many global markets, Dubai offers tax-free real estate profits.
• Residency Opportunities – Investors can obtain a
Representational image
UAE Golden Visa by purchasing property worth AED 2 million or more.
• High Rental Yields – Dubai consistently ranks among the top cities for rental returns, with some areas offering yields above 6-8%.
Step-by-Step Guide to Buying Off-Plan Properties in Dubai
1. Research Developers & Projects
Not all off-plan projects are created equal. Choose well-established developers with a strong track record of delivering high-quality projects on time.
2. Check RERA Registration
Ensure the project is registered with the Dubai Land Department (DLD) and Real Estate Regulatory Authority (RERA). This guarantees your investment is legally protected.
3. Understand Payment Plans
Most off-plan projects offer structured payment plans, often starting with a 10-20% down payment followed by installments during construction and a final payment upon handover.
4. Secure a No-Objection Certificate (NOC)
Before transferring ownership, ensure you obtain an NOC from the developer confirming that all payments are up-to-date and there are no outstanding issues.
5. Register with DLD
Complete the property registration with the Dubai Land Department, paying the necessary 4% registration fee to secure legal ownership.
Key Tips for Safe and Secure Off-Plan Property Investments in Dubai
• Buy from Trusted Developers – Stick to reputable names like Emaar, Damac, Sobha, or Dubai Properties.
• Verify the Project’s Escrow Account – RERA mandates that off-plan payments go into a governmentmonitored escrow account, ensuring funds are used for construction only.
• Read the Fine Print – Delays can happen, so ensure you understand the developer’s compensation
policy in case of late delivery.
• Get Legal Advice – If in doubt, consult a real estate lawyer to review contracts and ensure compliance with local laws.
Is Buying Off-Plan Properties in Dubai Still Profitable in 2025?
Absolutely! Dubai’s property market is expected to continue its upward trajectory in 2025, driven by:
• Growing demand from international buyers
• Government-led infrastructure projects
• Dubai’s position as a global business hub
While market conditions fluctuate, buying off-plan property in Dubai remains one of the most promising investment strategies, especially in upcoming hotspots like Dubai Creek Harbour, Business Bay, and JVC.
How to Find the Best Off-Plan Property Projects in Dubai
1. Work with a Trusted Real Estate Agency – Homeland Realty Real Estate specializes in off-plan investments and can guide you toward the most lucrative projects.
2. Attend Property Exhibitions – Events like Cityscape Dubai showcase the latest developments and offer exclusive deals.
3. Monitor Market Trends – Keep an eye on Dubai’s real estate trends, upcoming government policies, and economic indicators.
4. Leverage Expert Guidance – Partnering with an agency like Homeland Realty ensures you receive tailored advice, updated listings, and seamless transaction support.
Conclusion: Is Investing in Off-Plan Properties in Dubai the Right Decision for You?
If you’re looking for an investment with high growth potential, flexible payment options, and strong legal protections, buying off-plan property in Dubai is an excellent choice. With careful research, the right guidance, and a long-term vision, your investment could yield significant returns in one of the world’s most sought-after real estate markets.
UAE Fintech Market Set for Explosive Growth: An Overview by Ektico
Ektico analyzes the rapidly expanding UAE financial technology market through an all-inclusive study of market conditions, combined with future projections and primary market trends. As an innovation hub, the UAE functions as a significant force in international fintech operations. The UAE fintech industry expands rapidly because technology advances have occurred, while consumers change their behaviors, and the government provides support. Properties in the UAE position the country as the top entity within the MENA fintech market sector. Ektico recognizes strong future possibilities as the market expands at a fast rate.
Market Size and Growth Projections:
According to Mordor Intelligence analysts, the UAE Fintech Market will develop from USD 3.56 billion in 2025 to USD 6.43 billion by 2030, at a 12.56% yearly growth rate. Ektico analytics demonstrate that the UAE maintains a rising position in worldwide fintech through its substantial market expansion. This market performance determines how companies invest funds, along with their financial workforce expansion and service development plans.
Factors Driving Fintech Growth in the UAE:
A network of related elements stimulates the growth pattern of fintech operations in the UAE. The development of electronic commerce establishes itself as the main advancement force. Secure digital payment methods have become increasingly necessary because more customers use online shopping platforms. The growth of e-commerce serves as a primary force that stimulates individuals to adopt digital payment methods. Members of the UAE population demonstrate quick adoption of digital payment technologies because they possess technological proficiency. The market welcomes fintech services because consumers want easy, accessible payment solutions, which leads to technological advancement of digital payments, mobile wallets, and
financial products. Ektico defines customer patterns as critical elements that companies must master for developing effective fintech solutions.
Government support is crucial. Local fintech growth is supported by UAE government initiatives that offer business development programs, together with testing environments and financial resources. Thanks to this environment, the United Arab Emirates attracts both local businesses and international entities that innovate within fintech. The UAE benefits from its well-developed technological framework, which consists of both extensive internet connectivity and high smartphone utility to support advanced fintech applications. The infrastructure stands as an essential factor for fintech development to take place. Middle Eastern fintech organizations in the UAE continue to extend their service offerings toward loans and insurance solutions, and new investment tools, which demonstrates market evolution. Ektico highlights that the payments industry’s expansion brought it to maturity due to appealing market conditions and enabling regulations, which allow international fintech companies to operate in the UAE, through enhancing the local fintech framework development with their expertise. International investment is vital.
Key Trends Shaping UAE Fintech:
The UAE fintech environment is presently shaped by various essential market movements. Blockchain, together with open banking and AI, functions as the main market-transforming forces. The traditional banking industry undergoes transformation through new banking institutions, called neobanks, that provide digital solutions, along with transparent prices and lowcost services. Traditional financial institutions perform digital transformation endeavors to battle against new competitors. Ektico finds technological changes highly transformative. Modern financial industries undergo
radical transformation through dual advancements of AI and machine learning technologies. Customers now experience contemporary support experiences through machine learning, which delivers personalized offers and assistance. The application of artificial intelligence enhances both security measures and operational efficiency of the evaluation process.
Businesses are fueling the expansion of integrated payment providers by using their payment infrastructure to blend payment features, which results in transaction simplification, mainly in e-commerce. Ektico actively follows integrated payment system development because it sees their essential role in all operations. NFT technology has progressed past art collecting and can now be used to establish title ownership verifications and defend royalties while issuing electronic tickets and digital membership cards. The company maintains ongoing observation of these developing technologies.
A mobile-first approach is essential. The programming focus of UAE fintech developers directs toward mobileoptimized platforms because smartphones have become increasingly prevalent in the country. The market extensively utilizes both digital wallets and mobile payment platforms. Mobile innovation serves as the main force which propels the expansion of the fintech market, according to Ektico.
Conclusion:
The UAE maintains its position as the lead fintech region because its e-commerce sector boomed and residents needed updated digital payment systems, while the government gave backing and the country became strong in technology, which opened opportunities for international expansion. Ektico supports studying market trends for future success in this active industry and aims to be a pioneer in UAE fintech development.
Spare Parts Inventory Management Software for Businesses
Imagine your business as a well-oiled machine, each component relying on precise timing and availability. Spare parts inventory management software acts as the unseen conductor, guaranteeing every part of your operation hums in harmony. You’re likely aware of the chaos that ensues when parts aren’t where they need to be, potentially stalling productivity and inflating costs. But how do you guarantee that the right components are always at your fingertips, while keeping expenses in check? The answer lies in understanding the balance between technology and strategy that this software offers.
Understanding Spare Parts Inventory
Maneuvering the complexities of spare parts inventory involves understanding both the critical role these components play in operational efficiency and the challenges they present in management.
First, you must grasp spare parts classification, which organizes parts based on factors like usage rate, criticality, and lead time. This classification helps prioritize which items to stock, ensuring you maintain essential parts without overstocking less critical items.
Next, focus on inventory turnover, a key metric reflecting how often inventory is used and replaced over a period. A higher turnover rate indicates efficient inventory management, whereas a low rate can signify overstocking or sluggish operations.
Benefits for Businesses
Leveraging spare parts inventory management software can transform your business operations. You’ll experience
significant cost savings by reducing excess inventory and minimizing the risk of stockouts.
This software provides real-time data, aiding in precise demand forecasting, thereby optimizing stock levels. Streamlining inventory processes enhances operational efficiency, allowing your team to focus on core tasks rather than manual tracking. Automated reorder points guarantee timely procurement, preventing production delays.
Moreover, improved inventory accuracy reduces waste and associated costs, while advanced analytics offer insights for better decision-making. By decreasing downtime, you boost productivity and profit margins.
The software’s ability to integrate with existing systems further promotes a seamless workflow, enhancing your business’s overall efficiency and competitiveness in the market.
Selecting the Right Software
Choosing the right spare parts inventory management software can seem intimidating, but breaking it down into key factors simplifies the process.
Start by conducting a thorough software evaluation, focusing on functionality, scalability, and costeffectiveness. Assess each option against your specific business needs, guaranteeing the software can handle your inventory size and future growth.
User feedback is invaluable; seek insights from current users to understand real-world performance, reliability,
You can expect predictive analytics to play a critical role, helping you forecast demand more accurately and optimize stock levels. By analyzing historical data, these tools enable you to anticipate trends, reducing overstock and stockouts.
Automation advancements will further streamline operations, minimizing human error and expediting processes. Automated systems can handle repetitive tasks, allowing you to focus on strategic decisionmaking.
Integrating these technologies into your operations will enhance efficiency and responsiveness to market changes. Staying ahead of these trends guarantees
you’re well-equipped to meet customer demands swiftly and maintain a competitive edge in your industry.
Conclusion
Incorporating spare parts inventory management software can greatly boost your business’s efficiency. Imagine reducing overstock costs by up to 30%—a statistic that highlights the software’s potential impact. By enabling precise demand forecasting and seamless integration with your existing systems, you’ll not only minimize downtime but also enhance decision-making. As you navigate future trends, remember that a detailoriented approach to implementation guarantees you maximize productivity and maintain competitiveness in an ever-evolving market.
Representational image
How AI and Cybersecurity Are Shaping the Future of Digital Privacy
As technology progresses, our digital privacy is facing increasing threats. As a result, it makes you wonder how to Protect your phone from spyware. The combination of artificial intelligence (AI) and cybersecurity is becoming a powerful force in the battle to protect personal data.
In recent years, AI’s role in cybersecurity has expanded, providing advanced tools to detect threats and respond to potential breaches. This article explains how AI is revolutionizing digital privacy and the steps you can take to secure your online presence.
The Role of AI in Digital Privacy
Traditionally, cybersecurity experts relied on manual
methods to identify threats, which could take time. Now, AI systems can process vast amounts of data in seconds and identify patterns that indicate potential security breaches.
With its ability to learn from past incidents, AI can adapt and improve over time. This leads to faster, more accurate responses to cyber threats.
AI Enhancing Threat Detection
AI has revolutionized the way threats are detected. It uses algorithms to detect unusual behavior that may indicate a cyber attack. This is a big step forward from traditional methods, which relied on predefined rules. AI can:
• Recognize suspicious activity patterns.
• Detects malware by its behavior, not just its code.
Analyzing data helps AI to forecast potential risks and help organizations take steps to prevent them.
AI in Automating Security Processes
With the rapid rise in cyber threats, organizations need to be quicker in responding to attacks. Manual responses just don’t cut it anymore. AI automates many security tasks. It can help by:
• Managing firewalls and encryption.
• Automating threat analysis and reports.
• Reducing human error in security measures.
The Rise of Behavioral Analytics
AI systems now analyze how users behave online. Understanding what normal behavior looks like helps AI to more easily spot when something is off. This ability helps detect fraudulent activity or unauthorized access faster than ever before.
AI tracks user login times and locations and flags strange interactions or requests. Also, it monitors sudden behavioral changes. Behavioral analytics is proving to be a game-changer, as it adapts in realtime to identify new threats.
Cybersecurity Measures You Can Take Now
While AI is strengthening cybersecurity efforts, there are steps you can take to protect yourself. Here are some key cybersecurity practices for maintaining digital privacy.
Strong Passwords
and Two-Factor Authentication (2FA)
A password is the first line of defense against hackers. It’s essential to use complex passwords and enable two-factor authentication whenever possible. Follow these tips when creating a password:
• Use a combination of letters, numbers, and symbols.
• Avoid using the same password across multiple sites.
• Enable 2FA on your accounts for extra protection.
Regular Software Updates
Software companies are always improving security features. When you neglect updates, you’re leaving your device vulnerable to known threats. Therefore, you should:
• Enable automatic updates on all devices.
• Regularly update apps and software.
Be Cautious of Public Wi-Fi
Public Wi-Fi is convenient but can also expose you to threats. Cybercriminals can easily intercept your data on unsecured networks. It is best to avoid using public Wi-Fi for sensitive tasks like banking.
If there is a need to use public Wi-Fi, then use a Virtual Private Network (VPN) when on public networks. Also, turn off Wi-Fi when not in use.
Conclusion
AI and cybersecurity are reshaping how we think about digital privacy. While AI improves the efficiency of threat detection and prevention, we must still stay vigilant. Simple practices, like using strong passwords and staying updated, play a crucial role in protecting our personal information.
Accenture and AWS enter into partnership for expanding AWS Cloud Institute
As companies continue to accelerate their digital journeys by leveraging the benefits of cloud and artificial intelligence (AI), Accenture LearnVantage, a robust technology learning and training service, and Amazon Web Services (AWS), an Amazon Inc. company are partnering to help people gain the necessary skills to become cloud professionals. This partnership brings together Accenture’s LearnVantage platform and trainers to deliver AWS Cloud Institute to individuals in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), equipping them with the skills and knowledge needed to succeed in cloud technology.
AWS Cloud Institute is a virtual cloud skills training program that provides a prescriptive path to gaining technical and professional skills needed to start a career as a cloud developer in as little as nine months. This comprehensive nine-course training program offers on-demand digital learning and live instructorled sessions, features over 150 interactive labs, and two capstone projects, and includes preparation materials
plus exam vouchers for two AWS certifications. AWS Cloud Institute was launched in the United States in 2023. AWS is expanding it to address the growing demand for skilled cloud professionals across the world.
Accenture LearnVantage services are enabled by an AInative learning platform that uses a recommendation engine to curate the best learning content globally via a wide network of trainers and mentors from Accenture and third-party providers to deliver highly personalized learning journeys. By providing learners with access to a robust digital curriculum, live training with hands-on lab exercises, and career services, AWS and Accenture aim to bridge the skills gap and create pathways for learners to fast-track their cloud careers.
AWS Cloud Institute powered by Accenture LearnVantage will help learners grow their competencies across cloud, data, and AI, with pathways to relevant certifications included. Learners in KSA and UAE can get started by enrolling today. The first cohort will begin on May 5, 2025.
Representational image
UAE’s Affordable Luxury Real Estate Market Shows Growth in 2025
The UAE’s one of the affordable luxury real estate sectors is booming, with 2024 seeing a remarkable 34% surge in transaction values, largely driven by off-plan properties. This upward trajectory looks set to continue, with forecasts predicting 5-8% annual price growth and average rental yields of 7% in 2025. Specifically, Dubai’s luxury market saw a 26% year-on-year increase in transaction prices for apartments in the city’s most sought-after areas. This growth is expected to continue into 2025, with a further 5-10% rise in residential property prices, reflecting a maturing market that is effectively balancing supply and demand.
Industry analysts attribute this momentum to rising rental yields, favorable government policies, and a growing preference for premium yet attainable residential options.
In 2024, Dubai’s real estate market recorded over 169,000 property sales, valued at AED 488 billion, further proof of the sector’s strength and resilience. Developers are responding with innovative payment plans and sustainability-focused projects, positioning the market for continued expansion.
Madhav Dhar, COO and Co-founder of ZāZEN Properties, commented, “The affordable luxury segment isn’t just a passing trend; it’s a fundamental shift in Dubai’s real estate landscape. Today’s homebuyers are looking for residences that strike the perfect balance between quality, sustainability, and value. At ZāZEN Properties, we’re proud to lead the charge with developments like The Hub Residences, which sets a new benchmark for premium luxury living.”
Looking ahead, the affordable luxury segment in the UAE is primed for continued growth. Projections indicate that the market will maintain an annual growth rate of
2.28% from 2025 to 2029, reaching an estimated value of AED 2.79 trillion by the end of the decade. This growth will be fueled by a combination of strong economic policies, investor-friendly regulations, and a strategic focus on urban development.
As developers continue to meet this demand, a 5-10% increase in property launches is forecasted, targeting this segment in 2025. This aligns with Dubai’s broader vision for affordable luxury development, reinforcing the city’s position as a premier global real estate hub.
With Dubai continuing its transformation into a global investment powerhouse, ZāZEN Properties remains at the forefront, aligning its projects with the evolving preferences of buyers and investors.
Representational image
Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa, and Turkey) region, has signed a partnership agreement with VFS Global the world’s largest visa outsourcing and technology services specialist to offer consumers across the Kingdom access to exclusive benefits.
The agreement was signed by Ghassan Najmeddin, Head of Retail Banking and Wealth Management, Emirates NDB KSA, and Sumanth Kapoor, Business Head, KSA and Bahrain, VFS Global, in the presence of a selection of senior executives from both parties.
The agreement marks the latest step taken by Emirates NBD and VFS Global to empower the people and communities they serve with elevated customer journeys. Benefits will include a 25% discount on VASCO for transactions made using Emirates NBD cards at VFS Global locations. VFS Global employees will also be offered tailored payroll opportunities. As part of the agreement, Emirates NBD will also launch immersive branding spaces, easily accessible sales booths, and ATMs in VFS Global visa application centers.
Underlining Emirates NBD’s commitment to driving Saudi Arabia’s transformation into one of the world’s leading destinations a state-of-the-art investment, tourism and financial services hub —a year round agreement will see the bank serve as VFS Global’s primary banking partner in the Kingdom.
In line with Vision 2030, the agreement will accelerate the digital transformation of financial and visa application services in Saudi Arabia and the wider region, advancing the growth and development of the Kingdom’s financial services, travel and tourism sectors, thereby, providing Saudi citizens, visitors and residents with greater, seamless access to quality offerings and experiences.
Naser Yousef, Chief Executive Officer, Emirates NBD KSA, said: “At Emirates NBD, we are committed to delivering customer-centric financial solutions that meet evolving needs. As travel becomes more accessible, our partnershiip
with VFS Global aims to enhance banking, visa application, and travel experiences for Saudi nationals and residents, making their journeys more rewarding.”
Representational image
Ghassan Najmeddin, Head of Retail Banking and Wealth Management, Emirates NDB KSA, said: “With more people in Saudi Arabia traveling abroad, we are committed to providing seamless integrated solutions. Our partnership with VFS Global enhances access to exclusive benefits, ensuring a superior experience for affluent customers.”
Sumanth Kapoor, Business Head, KSA and Bahrain, VFS Global, said: “As a global leader in outsourcing and technology services, VFS Global is deepening its presence in Saudi Arabia. Our partnership with Emirates NBD allows us to innovate and enhance customer experiences while supporting Vision 2030 goals.”
Capgemini Elevates Core Leadership Roles to Boost FranceEgypt Economic Ties
Aiman Ezzat, CEO of Capgemini Group, has been appointed Chair of the France-Egypt Business Council in France, further strengthening the longstanding economic ties between the two nations. The Council plays a crucial role in enhancing economic relations by promoting bilateral trade and investment. In this role, Ezzat will help shape policies that foster bilateral trade and investment, reinforcing Egypt’s position as a strategic economic partner to France. As the CEO of Capgemini, since May 2020, Ezzat has led the company through transformative initiatives, enhancing its global presence and technological capabilities.
Under his leadership, Capgemini has been recognized as a leader in AI and digital transformation, showcasing
the company’s resilience and innovation. Ezzat’s achievements, including being named one of the “Best European CEO” in 2021, highlight the strength and strategic vision he brings to Capgemini. The Group reported 2024 global revenues of USD 22.1 billion.
Simultaneously, Hossam Seifeldin, CEO of Capgemini Egypt, has been appointed as a member of the Egyptian Government’s Advisory Committee for the Digital Economy and Entrepreneurship Sector. As a committee member, he will contribute to identifying sector challenges, proposing solutions, and offering insights on government strategies to enhance international competitiveness and drive economic growth within Egypt’s digital landscape.
Representational image
Continental Group, a leading insurance intermediary and financial services provider, entered its 30th year of operations with significant growth across key metrics in 2024, reinforcing its position as a trusted partner in wealth management and insurance solutions in the Middle East. The company recorded a 26% increase in premiums, reaching $124 million from $98 million. Continental’s total coverage for life clients grew by 5% in 2024, adding $800 million to the existing coverage. The firm now has nearly $6.9 billion in active life coverage under management, which has resulted in greater financial security for thousands of families and businesses, ensuring they have the support needed to navigate life’s uncertainties with confidence.
“Continental Group’s legacy is a story of thousands of families safeguarded, aspirations turned into reality, and three decades of trust garnered in the Middle East,” said Ashok Sardana, Founder & Managing Director, Continental Group. “Since 1994, our mission has been to provide not just financial solutions, but peace of mind and long-term stability for families and businesses. That principle will continue to guide us as we move into the next phase of Continental’s growth.”
The firm’s role in securing financial stability was underscored by $7.4 million in claims processed in 2024, including $3.2 million in non-motor claims and $2.4 million in motor claims and $1.7 million life and critical insurance claims ensuring clients receive timely support when they need it most. These payouts have provided crucial financial relief during unexpected crises, helping clients focus on recovery instead of financial strain.
Continental’s growth was driven by a sharper focus on personalized financial strategies, cross-border wealth structuring, and an evolving approach to lifetime client relationships. As the firm expanded, it strengthened its advisory framework in multi-jurisdictional wealth management, offering solutions such as Universal Life Insurance and Critical Illness coverage through its DIFC-licensed entity, CFS DIFC Limited. Continental’s sustained momentum was recognized with the Top
Producer Award by one of its partners, highlighting its ability to deliver results for clients and partners.
Continental also continued its longstanding tradition of giving back in 2024, distributing 500 Iftar meals to workers in Jebel Ali during Ramadan and taking part in the Dubai Charity Association’s 3.5-kilometer walk to raise awareness about diabetes.
Beyond financial success, Continental remains dedicated to social impact. A larger mission in the region for the Continental Group has also been to empower people, especially women, to achieve financial literacy and inclusion. Through its events, webinars and podcasts, the Continental Group has long aligned with several apex bodies that have flown the flag for a more inclusive economy in the region. The firm hosted two financial education seminars in 2024 and will expand this initiative in 2025 with quarterly sessions, making wealth management education more accessible.
With three decades of experience behind it, Continental Group’s next phase of growth will see it integrating technology-driven solutions and deepening client engagement. The firm plans to expand its team size by 20%, strengthening its advisory division with specialist Wealth Managers and Financial Advisors, while also creating pathways for new entrants to the industry through structured training and development programs. It will also accelerate its digital transformation by introducing AI-driven advancements in cybersecurity, automation, and portfolio management to enhance security and provide real-time insights for clients and advisors.
“This 30th anniversary celebrates the relationships we’ve built and lives we’ve touched. Our commitment goes beyond just offering solutions. We have been building a framework that ensures financial security across generations. As we move forward, transparency, and a client-first approach will remain at the core of everything we do,” said Akshay Sardana, SEO, Executive Director, CFS DIFC Limited.
NBK Launches Innovative Features for its Mobile Banking App
In line with its commitment to advancing digital banking, the National Bank of Kuwait (NBK) is continuously enhancing its NBK Mobile Banking App by introducing innovative features and refining existing functionalities. These ongoing upgrades are aimed at delivering a seamless, secure, and comprehensive digital banking experience, empowering customers to effortlessly manage their accounts and conduct transactions— anytime, anywhere—without the need to visit a branch.
Driven by its commitment to offering cutting-edge services and products that align with the latest technological advancements while addressing customer needs and feedback, NBK has introduced the following new updates to its NBK Mobile Banking App:
NBK-Aura
The NBK Mobile Banking App now enables NBK Credit Card customers to seamlessly apply for the NBK-Aura World Mastercard Credit Card and NBK-Aura Platinum Mastercard Prepaid Card.
Through its exclusive partnership with Alshaya Group, NBK reinforces its leadership in delivering innovative and distinctive offerings with the launch of two new cards: the NBK-Aura World Mastercard Credit Card and NBK-Aura Platinum Mastercard Prepaid Card. These cards provide exceptional benefits, allowing customers to earn up to 8% in Aura points on purchases. Customers can then redeem their points through their Aura app account across 50+ leading brands spanning fashion, beauty, dining, and more, including H&M, Bath & Body Works, Foot Locker, Shake Shack, Raising Cane’s, Charlotte Tilbury, and Harvey Nichols.
Through the app, customers have the flexibility to choose how to redeem their Aura points, using them for purchases at participating outlets. These include a diverse selection of international brands managed and operated by Alshaya Group, offering a seamless and rewarding shopping experience.
Notice Account
NBK Offers attractive returns on the customers’ deposit
Representational image
with the option of partial withdrawal with NBK Notice Account. It allows customers to open a new savings account through the NBK Mobile Banking App with flexible withdrawal notice options of 35, 65, or 95 days. Additionally, customers can seamlessly transfer their earned interest to their preferred account, providing greater convenience and financial planning flexibility.
Update Personal Profile
The latest updates to the NBK Mobile Banking App introduce a refreshed, user-friendly interface, enhancing navigation and overall user experience. Customers can now personalize their profiles, update their personal information, and customize the app’s interface, including modifying their profile image, for a more seamless and intuitive banking journey.
NBK Smartwealth
As NBK recently launched the “NBK Wealth” brand, to become the largest wealth management entity locally and one of the largest regionally, the bank has refreshed that on NBK Mobile Banking App so it will be easier
for customers to navigate between the products and services of “NBK Wealth” through the app and monitor their accounts and funds easily, in addition to changing the minimum subscription limit for investment funds and “Smartwealth” through the NBK Mobile Banking App, from USD 500 to USD 1,000.
Update Civil ID
NBK Mobile Banking users now will be able to receive notifications to update their Civil ID expiry date through NBK Mobile Banking app in Integration with PACI, where the details are reflected immediately right after the update
WAMD Eidiya
NBK customers can now send cash via WAMD service allowing them to transfer money to up to five family members or friends instantly with just one banking transaction using the mobile number.
Additional Enhancements
As part of the latest NBK Mobile Banking App update,
several key improvements have been introduced. These include users can now easily share their account details, rearrange the display of cards in the dashboard so the customer can view each card type under its right category, add a personalized nickname to the debit cards, and other enhancements made on the existing services for a better user-friendly experience.
Commenting on the new services and enhancements to the NBK Mobile Banking App, Mr. Mohammad Al Dakhil, Head of Digital Banking Business at National Bank of Kuwait, stated: “As part of our ongoing commitment to digital transformation, we continuously enhance the NBK Mobile Banking App to provide a seamless and advanced banking experience. These updates reflect our digital leadership by offering innovative solutions that not only meet but exceed our customers’ expectations.”
“The continuous enhancements and new services introduced by NBK underscore our deep understanding of our customers’ evolving aspirations. The significant growth in banking transactions conducted through the NBK Mobile Banking App is a testament to the high
level of customer satisfaction, particularly with the increasing reliance on self-service banking solutions,” he added.
He emphasized that NBK remains committed to introducing the latest services through the NBK Mobile Banking App, highlighting that the growing customer demand for the application has significantly boosted its adoption and active usage. This surge has further reinforced its position as the preferred solution for seamless and efficient everyday banking transactions.
The NBK Mobile Banking App offers customers the convenience of managing their finances effortlessly, anytime, and anywhere. It enables a wide range of banking transactions, including opening new accounts, tracking account and credit card activity, checking NBK Miles and NBK Rewards Program points, settling credit card payments, and paying various electronic bills. Additionally, customers can locate NBK branches, ATMs, and cash deposit machines across Kuwait, update personal information, and access numerous other services.
Representational image
How To Choose the Right Enterprise Search Solution for Your Business
Choosing the right enterprise search solution for your business is a critical decision that can affect the productivity and efficiency of your entire organization. Enterprise search solutions are designed to help employees find information quickly and easily, enabling better decision-making and workflows. But with numerous options in the marketplace, how do you determine which one best fits your company’s unique needs? This article will explore key considerations when selecting an enterprise search solution. Keep reading to ensure your choice meets your business’s demands now and in the future.
Evaluating the Scalability and Performance of Enterprise Search Solutions
As your business grows, so does the amount of data that needs to be managed and searched through, making scalability a prime concern. It’s crucial to select an enterprise search solution that can handle the current volume of your data and expand as required. Performance is another major consideration because
Representational image
even the most comprehensive search tools are ineffective if they are slow or unresponsive.
A robust enterprise search platform will be able to index vast amounts of data rapidly and provide search results within seconds, regardless of the volume. Assess potential solutions’ indexing speed and query response times, and look for systems that balance search depth with speed and convenience.
When considering performance, one should not overlook the infrastructure requirements. Some solutions might demand more hardware or cloud resources to function optimally, which could significantly affect your IT budget. Choose a solution that offers an optimal balance between performance and resource utilization to keep total cost of ownership in check.
Furthermore, while exploring scalability, include discussions on distributed searching, load balancing, and failover capabilities. These can be key differentiators in ensuring
that your search solution remains high-performing and consistently available, even as demands on the system increase.
Prioritizing Security and Data Privacy in Enterprise Search
In today’s digital age, safeguarding sensitive data is of utmost importance. Thus, security and privacy features should be considered when selecting an enterprise search solution. The chosen platform should offer robust security protocols to protect against unauthorized access and data breaches.
Examine the solution’s compliance with industry standards and regulations. This is especially important for businesses in industries such as healthcare, finance, and legal services, where protecting customer and client information is not just a necessity but a regulatory requirement. Encryption, access control, and audit trails are some of the security measures to look for.
Ensuring employees can access only the data they are authorized to view is essential. A search solution with advanced user authentication and authorization features can prevent data leaks and ensure compliance with both internal policies and external regulations. The ideal search tool should allow administrators to easily set permissions and tailor these settings to the organization’s needs.
Data privacy extends to how the search solution manages user data as well. It should provide transparency in collecting, using, and storing search logs and user behavior data. Companies should be able to control this aspect to align with their privacy policies and ethical considerations.
Integration Capabilities with Existing Systems and Data Sources
For an enterprise search solution to be effective, it must integrate seamlessly with existing systems and data sources within the organization. A solution that allows for easy connection to various data repositories, CRMs, and enterprise applications will ensure that employees
can access a united pool of knowledge from a single search interface.
Vendor support for industry-standard integration protocols, such as RESTful APIs and connectors for common enterprise applications, is essential. It reduces the complexity and cost associated with custom integration efforts. Additionally, compatibility with various data formats ensures the search tool can pull information from diverse sources without loss or corruption.
Integration isn’t just about data access; it’s also about the solution’s ability to fit into your business’s workflow. The search tool should offer customizable interfaces and features that can be tailored to match the working styles of different departments, enhancing the overall user experience and boosting adoption rates.
Moreover, having a flexible platform means that future integrations with new data sources or business applications will be less of a challenge. This level of adaptability is essential to sustaining the long-term viability and effectiveness of your enterprise search solution.
Altogether, selecting the right enterprise search solution requires careful consideration of scalability, security, integration capabilities, and performance. By prioritizing these factors, businesses can ensure they choose a solution that meets their current needs and supports future growth and operational efficiency.
Representational image
TEM systems also aid in risk management by continuously monitoring telecom expense data, detecting unusual activity or patterns that may indicate fraud or misuse of services, preserving financial resources and reputation. They also assist in managing the life cycle of telecom assets, from procurement to decommissioning, ensuring compliance with company policies and industry regulations, reducing the risk of errors and losses associated with obsolete or misplaced telecom assets.
Integrating TEM with IT for Improved Operational Efficiency
The integration of TEM with IT infrastructure can lead to significant efficiencies, as IT departments can manage complex telecom resources more efficiently. TEM provides a unified view of both IT and telecom assets, enabling a more coordinated approach to infrastructure management. IT teams can make informed decisions about scaling up or down resources, ensuring telecom services align with business needs.
TEM also assists with mobile device deployment and management, a growing concern for BYOD policies. Integration with other enterprise systems like ERP and CRM allows for seamless data sharing and process automation, improving operational efficiencies. Effective TEM also aids in planning for future growth, ensuring scalable, reliable, and expansion-ready infrastructures.
Overall, the advantages of implementing telecom expense management for businesses are clear in terms of cost savings, efficient resource allocation, and enhanced operational performance. By prioritizing transparency and control over telecommunications spending, companies can mitigate financial risks, ensure compliance, and secure a competitive edge in the ever-evolving digital landscape. TEM is not just an expense managing tool; it’s a strategic asset that transforms telecom resources into drivers of business success.
Representational image
Representational image
Mr. Mohammad Ali Kunhi, the Hotel Manager of Hawar Resort by Mantis, expressed his enthusiasm for this collaborative endeavor, stating, “We are delighted to forge this partnership with Vatel Bahrain, which will establish our resort as a premier training partner for the esteemed institution. This alliance will provide invaluable opportunities for Bahraini talents to engage in hands-on training within the dynamic work environment of Hawar Resort by Mantis, a sought-after destination renowned for delivering an integrated experience of relaxation amidst the captivating natural splendor of Hawar Island. We are confident that this collaboration will offer rich and diverse experiences to the college’s students, furthering their professional development.”
Why Is Carbon Capture Important for the Future of the Planet?
As climate change becomes one of the most serious issues of the 21st century, the global community is searching for innovative solutions to reduce greenhouse gas emissions. One of the technologies with the most promise is carbon capture, a process designed to capture carbon dioxide (CO2) emissions from industrial sources before they reach the atmosphere. The importance of carbon capture for the future of our planet cannot be overstated, as it plays an integral part in mitigating climate change and achieving global sustainability goals.
The Need for Carbon Capture
Carbon dioxide is one of the main contributing factors to the greenhouse effect, which leads to global warming and climate change. As industrial activities, energy production, and transportation systems emit large quantities of CO2 into the atmosphere, the concentration of greenhouse gases keeps rising, accelerating the warming of the planet. While efforts to reduce emissions by transitioning to renewable energy sources and boosting energy efficiency are vital, it is unlikely that these alone will suffice to meet the targets necessary to limit global temperature rise to 1.5°C above pre-industrial levels.
This is where carbon capture becomes crucial. By capturing and storing CO2 emissions from industrial processes, carbon capture technology allows us to prevent huge amounts of carbon from entering the atmosphere. If deployed at scale, it could substantially reduce global CO2 emissions and contribute to the fight against climate change.
The Role of Carbon Capture in Emission Reduction
Carbon capture technologies work by capturing CO2 emissions at their source, typically from power plants or industrial facilities, before they are released into the air.
Once captured, the CO2 can be transported and stored underground in geological formations, like depleted oil and gas reservoirs, where it will remain trapped for thousands of years. Alternatively, CO2 can be utilized in various ways, such as in the production of chemicals and concrete or even in enhanced oil recovery.
Incorporating carbon capture into existing infrastructure could provide a bridge toward a cleaner, low-carbon economy. For instance, sectors such as cement production, steel manufacturing, and heavy industry are difficult to decarbonize due to their reliance on high-temperature processes. Carbon capture can help reduce their carbon footprints while alternative technologies are developed.
Economic and Environmental Benefits
Carbon capture also offers economic advantages. It supports the development of new industries, creates jobs, and helps stabilize energy prices by providing a solution for enterprises that rely on fossil fuels. In fact, companies like Carbon Clean are pioneering advancements in carbon capture technologies, creating scalable solutions for businesses across various sectors.
Environmentally, carbon capture is a powerful tool for protecting ecosystems. By bringing down the amount of CO2 released into the atmosphere, it helps mitigate ocean acidification, reduces the impact of heat waves, and curtails the devastating effects of extreme weather events. As a complementary technology to renewable energy sources, carbon capture will be instrumental in achieving global climate targets and preventing catastrophic environmental changes.
The Future of Carbon Capture
While carbon capture technology has shown great promise, there are challenges to its widespread adoption. High costs, technological limitations, and the need for extensive infrastructure investment are significant barriers. However, increasing government support, private sector innovation, and international collaboration can overcome these hurdles. Investment in research and development will be key to scaling up carbon capture and making it a cost-effective solution.
Representational image
BENEFIT Launches Hadeya to Boost Digital Gifting Experience
Representational image
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has unveiled a new feature within the BenefitPay app, enhancing the digital gifting experience for users.
The latest innovation, Hadeya (E-gift), enables users to seamlessly send gift cards with a designated monetary value to family and friends via the BenefitPay platform. This advancement reinforces BENEFIT’s drive to introduce innovative solutions that align with the evolving needs of its customers.
Users can personalize their gifts by selecting from a variety of card designs and incorporating custom messages, ensuring a more engaging and meaningful experience. Once sent, the monetary value of the E-gift is instantly transferred to the recipient’s bank account, mirroring the convenience of Fawri plus transactions.
“We are thrilled to introduce ‘Hadeya’ feature, further expanding the capabilities of the BenefitPay app. This addition aligns with our vision of continuously delivering
innovative digital financial solutions that resonate with our users’ expectations and enhance their everyday interactions,” commented Mr. Ahmed Al-Mahri, Assistant General Manager, Business Development at BENEFIT.
“We believe that Hadeya’s feature will serve as a pivotal tool in strengthening social connections, allowing individuals to express appreciation and goodwill in a seamless digital format. Whether for holidays, special celebrations, or personal milestones, this new offering reflects our dedication to providing flexible and customercentric financial solutions. By integrating technological advancements with cherished social traditions, we continue to redefine digital engagement in an era of rapid digitization.” added Mr. Al-Mahri.
The Hadeya feature offers a diverse selection of gift card designs, catering to various occasions such as birthdays, anniversaries, graduation ceremonies, and festive holidays. Users can purchase these digital gift cards at affordable prices.
United Pharmacies Group has announced the signing of its first strategic agreement for the manufacturing of private-label pharmaceutical and therapeutic products in partnership with Avalon Pharma’s manufacturing facility. The signing ceremony was attended by a distinguished group of senior executives from both companies.
The agreement was signed on behalf of United Pharmacies by Dr. Shalaei Taha, Chief Commercial Officer, in the presence of Dr. Roweida Yassin, Chief Marketing Officer, and Dr. Mohamed Abdel Wahab, Chief Financial Officer. Representing Avalon Pharma, the agreement was signed by Dr. Mohamed Metwally, alongside several department heads from both organizations.
Strengthening Local Partnerships & Supporting Vision 2030
This agreement marks a significant milestone in United Pharmacies’ strategy to forge strategic partnerships with local pharmaceutical manufacturers in Saudi Arabia. The collaboration aligns with the Kingdom’s Vision 2030 and the National Transformation Program, which aims to localize pharmaceutical production, enhance drug security, and reduce reliance on imports. By boosting local manufacturing, Saudi Arabia is taking a major step toward ensuring a sustainable and selfsufficient healthcare sector.
Enhancing Healthcare Quality at Competitive Prices
Under this agreement, United Pharmacies will introduce a range of essential and high-demand pharmaceuticals to the Saudi market at competitive prices, ensuring sustainable availability. This initiative will help strengthen the Kingdom’s ability to meet the pharmaceutical needs of both citizens and residents while reducing the risk of potential shortages.
A Strong Strategic Vision for the Future of the Pharmaceutical Sector
Khaled Yassin, CEO of United Pharmacies Group, emphasized that this collaboration is driven by the strong leadership vision of Sheikh Dr. Mohamed Yassin, the company’s founder, and a clear strategic direction from the executive
team. The initiative aims to enhance United Pharmacies’ position in the pharmaceutical sector while expanding its private-label product portfolio to deliver high-quality, innovative solutions to consumers.
Future
Strategic Partnerships
in
the Pipeline
Yassin further highlighted that this agreement is just the first step in a series of future strategic partnerships aimed at advancing Saudi Arabia’s pharmaceutical industry and elevating pharmacy services across the Kingdom.
Through this initiative, United Pharmacies reaffirms its commitment to delivering innovative pharmaceutical solutions and supporting the Kingdom’s goal of achieving self-sufficiency in the pharmaceutical sector. This aligns with Saudi Arabia’s national vision to enhance the quality of life and improve healthcare standards.
For his part, Dr. Mohamed Metwally, Chief Commercial Officer of Avalon Pharma, praised this strategic collaboration, stating that the partnership with United Pharmacies underscores Avalon Pharma’s dedication to strengthening Saudi Arabia’s healthcare sector. He reaffirmed that Avalon Pharma remains committed to manufacturing pharmaceutical products that meet global quality standards, ensuring they cater to the needs of the local market while enhancing the efficiency of the pharmaceutical industry in the Kingdom.
Representational
Tech Mahindra Unveils Altavec, a NextGeneration Spatial Technology Platform
Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced the global launch of Altavec, an innovative spatial technology platform designed to revolutionize geospatial data management and largescale mapping operations. Having established a strong presence in Australia and the broader APJ region, Altavec is now being introduced to new geographies, including the United States and Europe, to empower industries with cutting-edge geospatial intelligence solutions.
Altavec is a versatile AI-driven platform that combines human expertise with advanced automation to transform spatial data into actionable insights. The platform’s modular architecture enables seamless integration and scalability across industries such as utilities, telecommunications, government, and infrastructure planning, providing organizations with the tools to optimize operations and drive efficiency. By leveraging real-time data processing, AI-powered analytics, and intelligent automation, Altavec streamlines mapping workflows, enhances resilience, and supports smarter decision-making.
Birendra Sen, President, Business Process Services, Tech Mahindra, said, “Industries globally are grappling with the impacts of climate change, legacy infrastructure, and rising operational costs, all while managing vast amounts of geospatial data and regulatory demands. In this environment, innovative solutions like Altavec provide the geospatial intelligence and AI-powered analytics necessary to enhance operational efficiency, foster resilience, and enable smarter decision-making for sustainable growth.”
Altavec leverages machine learning and cloud-based architecture, providing rapid access to spatial intelligence and enabling predictive operations, performance, safety, and reliability. The platform uses LiDAR and high-definition imagery to identify and mitigate infrastructure risks,
creating precise 3D digital network models. The platform’s versatile architecture and modules combine technical excellence, extensive experience, and a culture of innovation, enabling automation, scalability, and seamless integration to meet the specific needs of essential infrastructure owners, operators, and maintainers.
Tervinderjit (TJ) Singh, Expert Advisory – CX, Third Eye Advisory, said, “Altavec presents utilities, telecommunication companies and local governments with an opportunity to leverage AI, automation, analytics, and geospatial technologies to deliver preventive, predictive, environmental and sustainability services better, cheaper, faster and at scale. Benefiting all stakeholders and the environment in the long run.”
The launch of Altavec aligns with Tech Mahindra’s commitment to delivering next-generation technology solutions that enhance human-centric experiences and enable businesses to thrive in an increasingly data-driven world.
Representational image
China, disruptions during the pandemic accelerated the rise of “China +1” strategies, spreading risk to countries like Vietnam, India, and the UAE.
If your business still operates with a unipolar mindset, you’re already falling behind.
Strategy Reinvention in a Fragmented
Market
Thriving in today’s world demands a complete strategy reset. Here’s what that looks like:
1. Localisation is Non-Negotiable:
One-size-fits-all approaches no longer work. What succeeds in Berlin may fail in Riyadh or Nairobi. Whether you’re scaling a fintech platform or launching a retail chain, local market understanding is critical.
2. Resilient Supply Chains Over Lean Ones
Many companies have over-optimized for efficiency. But 2025 is about agility and resilience. Build redundancy and flexibility into your supply chains—even if it costs more upfront. It’s no longer a luxury; it’s survival.
3. Practice Business Diplomacy
Geopolitics now shapes market access. Establish multi-level relationships with governments, local communities, media, and industry bodies. In regions like the GCC, where soft power is crucial, trust-based alliances are often more valuable than contracts.
The Rise of Economic Blocs and Regional Powerhouses
We’re witnessing the comeback of economic blocs and
regional trade networks. From BRICS+ to the African Continental Free Trade Area (AfCFTA), the focus is shifting toward regional resilience over global interdependence. This demands a more nuanced expansion strategy. Don’t assume launching in Dubai gives you access to the whole Gulf. Instead, create tailored approaches for each country: a Saudi Arabia-specific strategy, a Qatar entry plan, a Kuwait roadmap—each aligned with national visions and priorities.
For example:
UAE: Focus on fintech, green energy, and digital innovation. Saudi Arabia: Leverage public investments under Vision 2030. Qatar: Tap into cultural diplomacy and post-World Cup momentum.
Adaptability is the Ultimate Advantage
In this fragmented landscape, adaptability trumps scale.
Startups like Figma, Notion, and Hopin have outpaced legacy giants not by size, but by speed and flexibility. The companies that win today are the ones that localize quickly, pivot faster, and stay attuned to cultural and political shifts.Yes, technology still matters—but only if it’s used wisely. AI, for example, is valuable when it helps detect emerging risks and guide smarter decisions. Tech is not a silver bullet—it’s a tool for resilience.
Leadership for the New Global Order
We’ve entered an era that demands contextual leadership— leaders who are:
• Culturally fluent
• Geopolitically aware
• Strategically agile
It’s not about predicting one future. It’s about preparing for many. Personally, I’ve learned to see ambiguity not as a threat, but as an opportunity. The most successful leaders today don’t resist change—they embrace it, adapt to it, and lead through it.This is the new normal. And if you can master it, fragmentation won’t hold you back—it’ll set you apart.
Representational image
Under the new collaboration, MCIT and NeLC will introduce Oracle’s ‘Mostaqbali’ (My Future) program to Saudi citizens to boost lifelong learning, support local employment opportunities, and enable Saudi organizations to accelerate digital transformation with readily available local talent.
“This collaboration will play a pivotal role in advancing efforts to expand our national digital capabilities,” said Safa Al-Rashed, Acting Deputy Minister for Future Capabilities and Jobs at the Ministry of Communications and Information Technology.
“Oracle’s partnership with the National eLearning Center will contribute in adopting lifelong learning and ensure continuous development of digital skills most relevant for the intelligent age. It will strengthen national initiatives by providing cutting-edge training in artificial intelligence and digital technologies while fostering innovation and equipping our citizens with skills required for jobs of the future.”
Mostaqbali will be available to all Saudi nationals at different stages of their learning and professional careers, from students just entering the workforce to working professionals—with a special focus on women and early-career professionals. The program will strengthen Saudi Arabia’s digital talent pool as organizations in the country increasingly look to hire local talent to deploy new technologies and drive digital innovation and growth in line with Saudi Vision 2030.
“Our collaboration with Oracle and MCIT accelerates the Kingdom’s journey toward becoming a global hub for digital learning. The Mostaqbali initiative, delivered via FutureX and supported by our strategic partnerships, expands the impact of our national digital learning ecosystem, bridging the gap between ambition and opportunity and empowering Saudi talent to thrive in an AI-driven future,” said Dr. Hajar Binasfour, Deputy Director General for Empowerment at the National eLearning Center (NeLC).
“PwC estimates that by 2030, Artificial Intelligence will contribute $135 billion to Saudi Arabia’s economy.
At Oracle, we are committed to helping the Kingdom realize this major opportunity,” said Gary Miller, executive vice president, Oracle Customer Success Services. “Oracle is driving one of the fastest cloud region expansions in Saudi Arabia and simultaneously working to develop a strong local talent pool that can help local organizations tap into these resources and accelerate their transformations. Our collaboration with MCIT and NeLC around the Mostaqbali initiative will open Oracle’s highly successful training programs to a large student and professional audience, making a significant contribution to help meet the demand for technical skills in the Kingdom.”
In addition to the opportunity to secure professional certification, learners in the Mostaqbali program will also be able to earn badges that indicate their job readiness for specialized job roles, helping potential employers more easily identify candidates and supporting job placement opportunities in the Kingdom.
The Mostaqbali program will be delivered as a digital learning experience through Oracle MyLearn, Oracle’s comprehensive training and enablement platform from Oracle University used by millions of technology trainees around the world. The program will offer rigorous foundational training in cloud technologies that will then channel students to professional-level training and certifications—including in areas such as DevOps, AI, applications business processes, machine learning, and data science—as well as additional training curated individually based on learning levels and educational goals.
