Gulf Cooperation Council (GCC) governments can generate an incremental of US$3.4 billion annually by aligning investments in the leisure and entertainment sector (L&E) with consumers’ needs, according to a new insight by the Ideation Center, the leading think tank for Strategy&, part of the PwC network. GCC countries are investing significantly to develop leisure and
Cadillac has today announced that it will be participating at the 2019 Dubai International Motor Show, the region’s most anticipated automotive event. Bridging the gap between design, luxury and technology, Cadillac will showcase its 2020 line-up giving visitors at the show the opportunity to completely immerse themselves in the innovations driving the next phase of
Regional venture capital firm, BECO Capital, has today announced the successful close of its second fund at $100 million. This figure is well in excess of BECO’s initial $80 million target, driven by the significantly improved technology investment landscape in MENA. To-date, BECO Capital has made 22 investments across its two funds and has achieved
Accenture (NYSE: ACN) has extended its agreement with Dubai World Trade Centre (DWTC) to serve as the Exclusive Digital Transformation Partner of GITEX Technology Week, the biggest tech show in the MENA region and South Asia, marking the fifth consecutive year that Accenture will hold the role. At the event, which runs Oct. 6–10 at
The Co- Dubai, one of the first incubators and co-working spaces to be certified by Dubai SME, is announcing a one-day Young Entrepreneurship Program set to take place on 12 October, in Downtown Dubai. Aimed at aspiring entrepreneurs aged 14-18, the day-long session aims to not only inspire the UAE’s future business leaders, but also provide
Cannot decide who is the better football player, Lionel Messi or Cristiano Ronaldo? The upcoming Dubai Artificial Intelligence in Sports (DAIS) Conference and Exhibition could provide some answers. Professor Jesse Davis from the Department of Computer Science at Belgian research university, KU Leuven, will be at the Conference to discuss the remarkable findings of a
According to a new survey of more than 1,200 hoteliers by Expedia Group, the world’s travel platform, chain hotels are nearly twice as likely as small independent properties to prioritize technology investment. Alternatively, small independent properties are 1.5 times as likely as chain hotels to prioritize room renovations – indicating a gap in technology investment
