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Category: Commerce

  • Dubai Chamber organises workshop to help companies boost sales through digital channels

    Dubai Chamber organises workshop to help companies boost sales through digital channels

    Chamber organises workshop to help companies boost sales through digital channels

    Dubai Chamber of Commerce collaborates with Amazon to strengthen ecommerce capabilities among local business community

     Mohammad Ali Rashed Lootah: “We are keen to enhance the digital and
    operational readiness of Dubai-based companies to keep pace with the
    evolving requirements of the ecommerce sector.”

     Ecommerce is expected to generate revenue of more than US$ 6.7 billion in the
    UAE during 2024.

    Dubai(News Desk):: – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has collaborated with Amazon to host an online workshop aimed at developing the ecommerce capabilities of the local business community and enabling companies to increase their sales through digital channels.
    Attracting 141 participants from companies operating across diverse sectors, the session provided valuable insights on the benefits of growing a digital presence for retail businesses of all sizes. The informative discussion also featured comprehensive guidance on how to successfully sell products through Amazon, with the company’s team providing support to participants interested in registering an account with the
    platform.
    His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Ecommerce has emerged as an integral part of doing business across all sectors, and particularly in the retail industry. In light of the rapid technological developments transforming the business landscape, we are keen to enhance the digital and operational readiness of Dubai-based companies to keep
    pace with the evolving requirements of the ecommerce sector.” His Excellency added: “Dubai Chamber of Commerce is committed to supporting companies and enhancing their capabilities in areas including ecommerce to boost the competitiveness of the local business community and drive sustainable economic
    growth.” The UAE is ranked as the 45 th largest market globally for ecommerce, with a projected revenue of more than US$ 6.7 billion in 2024. According to the specialist data provider Commerce DB, the UAE’s ecommerce market revenue is expected to achieve a compound annual growth rate (CAGR) of 8.7% between 2024 and 2028, resulting in a projected market value of over US$ 9.3 billion by 2028.

    Active internet users now constitute 99% of the total population in the UAE, which is among the highest percentages globally. The growth momentum of the ecommerce sector is expected to continue, supported by increasing demand for online shopping experiences, improvements in digital payment systems and services, and continuing investments in digital infrastructure and the logistics ecosystem.
    Dubai Chamber of Commerce works to facilitate and improve the ease of doing business in Dubai while delivering value-added services and serving as a bridge between the business community and key government entities. The chamber’s advocacy efforts play a central role in representing, supporting, and protecting the interests of businesses in the emirate.(-End-)

  • Ali & Sons Raises the Bar for Excellence in the Audi Middle East Dealer Awards 2023

    Ali & Sons Raises the Bar for Excellence in the Audi Middle East Dealer Awards 2023

    Ali & Sons Raises the Bar for Excellence in the Audi Middle East Dealer Awards 2023

    UAE (News Desk) – Ali & Sons, the official Audi distributor for Abu Dhabi and Al Ain, dominated the Audi Dealer Awards 2023 and solidified their reputation for excellence by securing an impressive seven awards at the ceremony, held last week in Museum of the Future.
    The Audi Ali & Sons team achieved awards across each discipline, including After Sales Team of the Year,a testament to their unwavering commitment to providing exceptional customer service,Technical Team of the Year, in recognition of their expertise and technical prowess, and for the second consecutive year Used Car Sales Team of the Year.The dealerships marketing team also received the Best Performance Marketing Award and a commendable runner-up position for Best Marketing Team of the Year. Additionally, the sales team secured 2nd position for Sales Team of the Year. The dealerships overall performance placed them a close second for the coveted 2023 Audi Dealer of the Year award, solidifying their position as one of the top performers within the regional network.
    Commenting on the stellar performance, Audi Abu Dhabi General Manager Scott Shears said, “ This remarkable performance in 2023 builds upon our previous years of success and achievements, and is testamont to the hardwork and dedication of our team members, something we are incredibly proud
    of. It underscores the exceptional service and commitment to customer satisfaction demonstrated by
    our team year after year. As we look ahead, Audi Ali & Sons remains steadfast in its commitment to
    delivering exceptional customer experiences and surpassing expectations, paving the way for continued success and growth in 2024.“

    For more information, visit www.audi-abudhabi.com.

  • ADNEC Group to Organise Bitcoin MENA Conference 2024 in Abu Dhabi

    ADNEC Group to Organise Bitcoin MENA Conference 2024 in Abu Dhabi

    UAE, Abu Dhabi(News Desk):: ADNEC Group has announced the launch of the region’s first Bitcoin MENA Conference 2024 set to take place December 9-10th in the heart of Abu Dhabi at the ADNEC Centre Abu Dhabi. Co-organised by Capital Events, the event management arm of ADNEC Group, and BTC Inc., the parent company of Bitcoin Magazine and the Bitcoin 2024 conference, this seminal partnership was cemented by a high-profile signing ceremony between Humaid Matar Al Dhaheri, MD and Group CEO of ADNEC Group and David Bailey, CEO of BTC Inc. The launch of this event marks a significant milestone in the world’s largest Bitcoin conference’s expansion into the investment-friendly, dynamic, and rapidly growing MENA region.

    Strategic Partnership

    Humaid Matar Al Dhaheri Managing Director and Group CEO of ADNEC Group said: “Organising this conference in the Emirate of Abu Dhabi reinforces its status as a regional and global epicentre for cryptocurrencies. It provides the region with a crucial platform for dialogue, discourse, and the sharing of knowledge and insights in this domain, contributing to shaping the sector’s regional trajectory for the future. The strategic collaboration with BTC Inc. to host the inaugural Bitcoin MENA Conference underscores the increasing global interest in investing in decentralised digital currencies in recent years. This partnership reflects our anticipation of future growth trends within this leading investment field.”

    David Bailey, CEO of BTC Inc. said: “Across our ecosystem, we have seen a significant upsurge in interest to enter the MENA region. When visiting Abu Dhabi, it became clear that it had all the right ingredients – infrastructure, investment, bold vision, and global access – to provide a perfect home for the international Bitcoin community to tap into the boundless opportunities this vibrant region has to offer. Capital Events and ADNEC Group are the ideal partners to collaborate with us on this journey as they bring world-class infrastructure and deep connections within the region to help supercharge growth and quickly establish Bitcoin MENA as the region’s go-to event.”
    Darren Johnson, CEO of Capital Events commented: “We are extremely excited to be partnering with BTC Inc. on this vital launch of Bitcoin MENA. Abu Dhabi’s increasing adoption of blockchain technology and friendly progressive regulatory environment have resulted in several high-profile industry licenses being awarded, thereby firmly positioning Abu Dhabi as the optimal hub for the flourishing adoption of Bitcoin in the region. It was clear early on in our discussions with BTC Inc. that we shared the same vision of creating an exceptional world-class event that would serve as a cornerstone in the region’s thriving Bitcoin landscape. We are confident that their deep specialist experience and global industry connections, coupled with our multi-sectoral experience and regional footprint, will make for a memorable launch and long-term growth.”

    The Bitcoin Conference

    The Bitcoin Conference, produced by BTC Inc., is the world’s largest and most globally recognised conference brand dedicated to advancing the understanding and adoption of Bitcoin and blockchain technology. With a mission to foster collaboration and innovation, the conference brand brings together key stakeholders from across the global Bitcoin ecosystem to shape the future of Bitcoin and exhibit the latest developments, technology, and services.

    Bitcoin MENA 2024 is set to unite the global and regional Bitcoin community, drawing in industry leaders, high-net-worth individuals, institutional investors, influencers, enthusiasts, and learners alike. Throughout this two-day event, participants will delve into the potential, challenges, and innovations within the developing Bitcoin ecosystem.

    Showcasing an impressive roster of expert speakers and influencers in the Bitcoin space, Bitcoin MENA is set to present a dynamic agenda complete with engaging keynote sessions, interactive discussions, and insightful workshops on key industry topics. These include the emergence of a new wave of banking and finance within the Bitcoin space, the dynamics of Mining, and the competition for energy dominance, along with insights into open-source initiatives tailored for the technical minds in the Bitcoin community.

    Additionally, Bitcoin MENA 2024 will offer a variety of networking opportunities, fostering meaningful international and regional connections among participants whilst also providing a platform to showcase cutting-edge innovations and the latest developments in Bitcoin technology and services.

    Exclusive “launch pricing” is available for tickets right now. Due to dynamic supply and demand-based pricing along with the significant early interest in Bitcoin MENA, the launch pricing window will be closing soon.

    For more information on the inaugural Bitcoin MENA2024 event, visit our website: www.b.tc/conference/mena

    Stay informed with the latest developments, speaker announcements and ticket release dates by following us on X: @thebitcoinconfmena or registering your interest on the website.(— ENDS —)

  • Africa Legal Tech plans to launch its first fundraising round in Dubai 

    Africa Legal Tech plans to launch its first fundraising round in Dubai 

    Africa Legal Tech plans to launch its first fundraising round in Dubai 

    Dubai International Chamber attracts South African legal technology firm to Dubai and supports its expansion from the emirate

    • Mohammad Ali Rashed Lootah: “Dubai is an ideal destination for innovative companies from around the world, particularly in the field of digital services for all sectors.”
    • Dubai International Chamber’s network of international representative offices includes seven offices across the African continent.

    Dubai(News Desk):: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully attracted Africa Legal Tech, a South Africa-based legal technology firm to Dubai and assisted the company in expanding from the emirate. The attraction of the innovative firm reflects the impact of the chamber’s efforts to attract companies, investors, and talent from around the world to benefit from exciting opportunities in the emirate across diverse business sectors.

    Africa Legal Tech’s Dubai branch provides value-added legal services to companies operating in the UAE that wish to establish or expand their business activities in Africa. The company is leveraging Dubai’s strategic location and world-class infrastructure to drive the growth of its business and plans to launch its first fundraising round in the emirate this year. Africa Legal Tech is eager to strengthen its position in the legal services market on the African continent and capitalise on the growing demand in the sector.

    Established in 2020, the company operates an interactive online marketplace that connects global clients with licensed and verified practising lawyers from firms across the African continent. The platform simplifies the legal sourcing experience by providing direct access to reliable legal service providers in a convenient and cost-effective manner.

    Dubai International Chamber supported Africa Legal Tech’s expansion through its representative offices in Africa, which provided timely market intelligence and comprehensive guidance throughout every stage of establishing the company’s presence in the emirate.

    His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Dubai is an ideal destination for innovative companies from around the world, particularly in the field of digital services for all sectors. The emirate is home to a modern ecosystem that stimulates growth and expansion at the regional and global levels, together with an advanced digital infrastructure. Dubai International Chamber is committed to promoting the opportunities available in Dubai among the global business community and plays a significant role in attracting businesses and entrepreneurs, as well as supporting their expansion from the emirate.”

    Simba Makahamadze, Founder and CEO of Africa Legal Tech, commented: “The African legal services market is worth billions of dollars. Our growth plan is to conquer this market by leveraging Dubai’s strategic location and technology infrastructure. The emirate ticks all the boxes for us, including easy access to capital.”

    Africa Legal Tech is the European Union’s trusted provider of legal services in 38 African countries. The company also collaborates with certified lawyers across the African continent serving a wide base of global clients and is set to benefit from Dubai’s strategic location, which provides easy access to key markets across Europe, Asia, and Africa.

    Dubai International Chamber’s extensive network of international representative offices currently includes seven offices across Africa in Ethiopia, Ghana, Mozambique, Egypt, South Africa, Nigeria, and Kenya. These offices play an important role in the growth of trade and investment between Africa and Dubai, as well as introducing African companies to the promising opportunities available in the emirate.-End-

     

  • e& money unveils its new cutting-edge app,

    e& money unveils its new cutting-edge app,

    e& money unveils its new cutting-edge app, redefining digital excellence in the UAE

    • Updated app offers rich features, enhanced customer journeys, and personalised experience for customers

    • Users can benefit from free international transfers and 1% cash rewards with the e& money card

    Abu Dhabi(News Desk):: e& money, the fintech arm of e& life, introduced the new e& money app, now more advanced and seamless than ever. The financial super app has completely transformed, offering a fresh and customer centric look, with a personalised experience. Renewed app hosts innovative features that make managing your finances easier, faster, and smarter than ever before.

    The redesigned e& money app is centered around simplifying everyday financial tasks with its user-friendly interface and intuitive navigation. Customers can now effortlessly manage their finances with just a few taps, whether it is sending funds locally or internationally, paying bills, or making card payments. They can also benefit from free international transfers and one per cent cash rewards with the e& money card. The app will also be available in Arabic shortly after its commercial release, catering to the needs of a wider audience, followed by other languages as well.

    Khalifa Al Shamsi, CEO, e& life, said: “We are excited to announce the release of the renewed e& money app, underscoring our dedication to improving accessibility to financial services. This updated application streamlines various financial activities, including cross-border money transfers and prompt bill payments. By prioritising redesigned journeys, personalised features, and increased transparency, our aim is to elevate the daily experiences of our customers. Our ultimate goal is to offer customers simple solutions for their daily financial needs.”In an exciting development, the new app is unveiling a range of cutting-edge features designed to deliver convenient and personalised experiences, ensuring each user enjoys unique and intuitive navigation for their financial needs.

    e& money offers the fastest registration in the region and instant account setup without any fees. International remittance have become even easier, eliminating unnecessary steps in the process while offering real-time tracking capabilities. Transfers can be in just three clicks. Additionally, customers can embrace hassle-free payments by overcoming the need for pre-funding accounts to complete their transactions.Customers can add a personal touch to gifting with the option to add cards and messages, enriching with an extra layer of thoughtfulness. From a comprehensive list of billers to allowing users to manage all payments conveniently from one platform, the new app streamlines needs and makes it all simple.These enhancements reflect e& money’s commitment to delivering the best user experience in the UAE and also paves the way to create a platform which will be enriched with several new products in 2024. All upcoming launches are driven from a customer-centric approach, keeping users’ needs and need of simplicity at the core of its innovation.

    In 2023, e& money achieved significant growth and milestones. It witnessed a fourfold increase in transaction volume, and attained the highest monthly active users in the UAE’s fintech sector. The platform offers a variety of financial services such as international and local transfers, e& money card, bill payments, gifting and more.(-End-)

     

  • Lulu open now in Outlet Mall Dubai.

    Lulu open now in Outlet Mall Dubai.

    Lulu open now in Outlet Mall Dubai.

    25th Lulu store in Dubai and 264th globally.

     

    Dubai(News Desk):: To further expand its presence in Dubai, prominent retailer in the region Lulu Group has opened its latest Hypermarket in Dubai Outlet Mall, first Outlet concept mall in the Middle East and one of the most sought-after retail destinations in Dubai. Abdulla bin Touq Al Marri, UAE Economy Minister officially inaugurated the Hypermarket which is also 25th Lulu store in Dubai and 264th globally, in the presence of Naser Ali Khammas, Chairman of Al Ahli Holding Group, Yusuff Ali MA, Chairman of Lulu Group and other dignitaries. Spread across more than 100,000 square feet area, the new store will house a massive collection of globally sourced and local products alike in its supermarket division and hot food stations of world cuisines. Categories at the new store also include grocery, fresh food, meat and fish, bakery, dairy, pizza and snacks, hot food, roastery, health and beauty, electronics, IT Products, home appliances, and much more. Dubai Outlet Mall which started its operations in the year 2007 and extended its area to include more international brands to its portfolio is one of the most preferred shopping destinations for premium brands with amazing discounts and offers all year round. It’s located on Dubai Al-Ain Road, just 20 minutes from Downtown Dubai, with over 7,000 parking spaces for convenient shopping. Lulu Hypermarket is in the newly constructed extension area of the mall. Yusuff Ali MA, Chairman of Lulu Group said, “We are glad to launch our latest Hypermarket at this prestigious shopping destination that will provide a world-class shopping experience not only to the residents living within the area, but also to the tourists and business enthusiasts coming to the UAE. Over the years of catering to different nationalities, we have seen the growing demand for internationally sourced products. This is why it will be our continuous commitment to offer high-quality products at the most affordable prices in the market.” “We are proud to support the nation’s overall development and will continue to support sustainable development strategies and by expanding further in the country, thanks to the visionary leadership of UAE under which the country is progressing never before”, added Yusuff Ali. Mohammed Khammas, CEO of Al Ahli Holding Group, said: “In the vibrant tapestry of Dubai Outlet Mall’s evolution in becoming the worlds Larget Outlet mall, and the unveiling of Lulu Hypermarket stands as a beacon of our commitment to redefining value shopping. As we welcome this newest addition, we not only enrich our omnichannel experience but also solidify our position as the apex of value-driven retail in the region. Our partnership with Lulu Group International continues to soar, setting unparalleled standards and affirming our dedication to pioneering excellence. This milestone heralds a new era of boundless opportunities for our visitors and neighbouring communities, where every shopping excursion transcends expectations and delivers unparalleled satisfaction.” Also present on the occasion were Saifee T Rupawala, CEO of Lulu Group, Ashraf Ali MA, Executive Director, Salim MA, Group Director, Ali Naser Khammas, Group Director of Al Ahli Holding Group and other senior officials. Dubai Outlet Mall houses more than 1300 of the world’s top premium and luxury labels in over 240 stores. With LuLu on the credible list, the lifestyle complex will definitely appeal to visitors who are looking for premium brands at amazing bargains throughout the year.

     

  • MERED wins ‘Project of the Year with Best Architecture’ at the Pillars of Real Estate Awards 2024

    MERED wins ‘Project of the Year with Best Architecture’ at the Pillars of Real Estate Awards 2024

    MERED wins ‘Project of the Year with Best Architecture’ at the Pillars of Real Estate Awards 2024

     

    Dubai(News Desk):: MERED, an award-winning international real estate developer, known for its flagship project – ICONIC Tower in Dubai Internet City has today announced its win for the Project of the Year with Best Architecture at the Pillars of Real Estate Awards. The flagship tower is developed in collaboration with globally renowned architectural powerhouse Pininfarina, known as the global standard-bearer of architecture and Italian design aesthetics, and is esteemed for creating timeless designs that embody the essence of technology and beauty.

    ICONIC Tower, situated in the vibrant heart of the city, is set to transform Dubai’s skyline and introduce an era of ultra-luxury urban living. As the tallest structure in Dubai Internet City, soaring to a height of 286.4 meters, this project represents the synergy between MERED’s forward-thinking real estate strategies and Pininfarina’s iconic design philosophy. This collaboration leverages Pininfarina’s unmatched design heritage with MERED’s vision to develop a landmark that epitomizes opulence and innovation. Together they are establishing a new standard for architectural elegance, making the ICONIC Tower a beacon of luxurious living and cutting-edge design in the bustling urban landscape. The ultra-luxurious tower offers 310 exclusive apartments with world-class amenities spread across the building including a private lounge & dining room, an equipped gym, a private cinema, an infinity pool overlooking the sea, an ice-spa, lounges & outdoor terraces, a jacuzzi, a sauna and much more. The tower will feature 423 dedicated parking spaces, including a limited number of exclusive, air-conditioned ones.

    Dubai’s residential property market is seeing a skyward rise fueled by the affluent luxury sector, which is playing a pivotal role in the city’s real estate prosperity. According to Knight Frank, Dubai recorded its highest total number of USD 10 million plus home market sales which grew by 92.4 % to 431 sales during 2023. The total value of sales above this price point grew by 91 % last year to USD 7.6 billion, 28 % of which was achieved in Q4 2023 alone.

     “ICONIC Tower is a testament to luxury living, it redefines Dubai’s skyline with unrivaled elegance. Our landmark partnership with Pininfarina helps us to elevate the real estate landscape in the country. Pininfarina’s exceptional 90-year heritage in Italian design and worldwide architectural experience complements MERED’s vision for the ICONIC Tower, ensuring that it will not just be a residential development but a landmark that embodies elegance, craftsmanship, and cutting-edge technology.”said by Diana Nilipovscaia, CEO at MERED,

    For more detailed insights about the project, visit https://mered.ae/ and follow their updates on Instagram.

     

  • e& pledges $6 billion to advance connectivity in 16 countries

    e& pledges $6 billion to advance connectivity in 16 countries

    e& pledges $6 billion to advance connectivity in 16 countries

    Financial commitment to support inclusive economic growth and improve the overall lives of communities across Africa, Asia, and the Middle East

    Barcelona(News Desk):: e& today made a commitment to the International Telecommunication Union’s (ITU) Partner2Connect Digital Coalition. In an announcement at Mobile World Congress (MWC), e& pledged to invest  $ 6 billion between 2024-2026 in technological advancement, infrastructure development, and innovative digital solutions to extend meaningful connectivity to everyone. This investment is set to provide accessible and affordable network connectivity and digital services across its 16 operating countries in Africa, Asia, and the Middle East.

    Hatem Dowidar, Group Chief Executive Officer, e& said: “With Partner2Connect our commitment to building state-of-the-art connectivity has always been part of our DNA. This plays a key role in supporting the advancement of economies that are digitally inclusive while making people’s overall lives better. With these investments, we can also better serve customers and allow them to engage in more economic activities. As e& pledges to invest $6 billion in digital infrastructure and services, we aim to drive economic growth, innovation, and infrastructure development, significantly reducing inequalities and empowering communities to thrive in a more inclusive and connected digital world.”

    For e& customers in emerging markets, new financial, health, and educational services will increasingly hinge on high-speed connections via fibre or wireless broadband. Telecom infrastructure will also be crucial in driving access to education, healthcare, government services, and economic opportunities.

    The group’s markets vary from the UAE, with the world’s fastest mobile network and the highest percentage of fibre penetration, to Pakistan and African countries with limited connectivity. With e&’s commitment to the P2C coalition, it will strengthen its innovation capabilities and technology adoption in highly developed markets like Saudi Arabia and the UAE.

    Harrison Lung, Group Chief Strategy Officer, e& said: “Our commitment to ITU’s Partner2Connect Coalition is all about making a meaningful impact on people’s lives, ensuring the digital revolution leaves no one behind. e&’s pledge focuses on building a robust digital ecosystem, empowering communities and connecting people.”

    e&’s pledge aims to provide meaningful connectivity in emerging markets, including UAE, Saudi Arabia, Pakistan, Egypt, Afghanistan, Benin, Burkina Faso, Central African Republic, Ivory Coast, Gabon, Mali, Mauritania, Morocco, Chad, Togo, and Niger.

    The group investment plan is set to enhance network accessibility and affordability in emerging economies by expanding network coverage and increasing speed and access for individuals in areas where access is limited or expensive. It will also facilitate the widespread adoption of digital services, ensuring essential services like mobile financial solutions, telehealth, and education reach those in underserved regions.

    The group is also set to pioneer cutting-edge innovations, expand the application of AI, and reinvest in building networks of the future to accelerate technology adoption and increase fibre penetration and fast mobile network speeds.

    Doreen Bogdan-Martin, Secretary-General, ITU, said: “Universal meaningful connectivity is within our grasp. Thanks to these new commitments, millions of people will benefit from accessible and affordable connectivity across the world.”“We believe the journey towards universal and meaningful connectivity is a collective responsibility that requires the will and action of us all. We look forward to partnering with the ITU and governments in contributing to the 2030 Sustainable Development Goals.” Dowidar added.

    With its $6 billion commitment to ITU’s Partner2Connect Digital Coalition, e& builds on its contributions to the Sustainable Development Goals (SDGs) – including Quality Education, Gender Equality, Industry, Innovation and Infrastructure, and Reduced Inequalities – while supporting ITU’s efforts to connect the world. The pledging platform maintained by the ITU has mobilised commitments worth over 46 billion over the past two years, aiming to extend meaningful connectivity to everyone worldwide.(End)

  • Channel Summit MENA Celebrates Innovation and Excellence in Consumer Technology

    Channel Summit MENA Celebrates Innovation and Excellence in Consumer Technology

    This year’s awards are set to recognize the outstanding achievements across a range of categories, including Audio, Entertainment, Gaming & Computing, Lifestyle, IT Peripherals Accessories, Mobile Product, Electronics & IoT, and small domestic appliances

    Abu Dhabi, 21 February 2024 – Channel Summit MENA, the premier B2B event for consumer technology in the MENA region, is thrilled to announce the winners of its prestigious annual awards. The awards are a highlight of the Summit, which operates on an exclusive invitation-only basis, ensuring a gathering of senior-level executives and decision- makers from the industry.
    We are proud to host these awards and celebrate the incredible achievements of these companies that work in this sector,” said Farouk Hemraj, Founder of ChannelHub, the organisers of Channel Summit MENA. “The Channel Summit MENA awards are not just a recognition of success but also a testament to the innovative spirit that drives the consumer tech industry forward.”
    This year’s awards are set to recognize the outstanding achievements across a range of categories, including Best Vendor in various categories such as Audio, Entertainment,Gaming & Computing, Lifestyle, IT Peripherals & Accessories, Mobile Product, and Electronics & IoT; Best Distributor Awards covering segments like Broadline Distributor, Lifestyle, Mobile Accessories, IT Peripherals Accessories, Electronics & SDA (small domestic appliances), and Gaming; Best Product Launch Awards for UAE, Saudi, Egypt, and GCC regions and, for the first time this year, special recognition for the Best E-waste initiative.
    Each category has been carefully selected to highlight the diverse range of products and services that are driving the consumer tech and IT markets forward. The awards celebrate the creativity, product attractiveness, and overall performance of the participating companies.
    The winners were determined through a live voting process by buyers attending the event,ensuring a fair and transparent selection. The criteria for shortlisting the awardees include a combination of product presentation, business potential, and team interaction during the event. This approach underscores Channel Summit MENAs commitment to recognizing truly innovative and impactful contributions to the industry.

    The full list of award winners include:

    Best vendors:-

    – Audio: Marshall – Entertainment: GoPro  – Gaming & Computing: HP/HyperX
    – Lifestyle: Riley Scooters  – IT Peripherals & Accessories: Logitech  – Mobile Accessories: Belkin
    – Electronics  IoT: Nutricook
    Best Distributors

    – Broadline Distributor: Redington
    – Lifestyle: Shift
    – Mobile products: Lime Concepts
    – IT Peripherals & Accessories: Monster
    – Electronics & SDA: Al Futtaim
    – Gaming  Computing: Geekay
    Best Product Launch UAE

    : Nothing Phone 2 Launch with Sharaf DG
    Best Product Launch GCC

    : The CASIO G-SHOCK GBD-200-9ER Launch with Al Seeb
    Technical Est. (SARCO) Ltd
    Best Product Launch GCC: The SONY INZONE Launch with Store 974
    Best Product Launch GCC: SAMSUNG S24 Launch with Best Electronics
    Best E-waste initiative: E-WASTE INITIATIVE – eXtra
    Channel Summit MENA, that took place from 19 to 21 February 2024, brought together
    industry leaders from across 16 countries to celebrate excellence and innovation in the
    consumer technology and IT sectors. This unique event format offers a blend of pre-
    scheduled meetings, keynote presentations, workshops, and networking opportunities, aimed
    at fostering growth and collaboration in the tech and IT channels.
    Hemraj added, “We have brought back the format that was a winning formula behind our
    DISTREEE events and we have had overwhelming feedback from the community – both
    vendors and retailers. We are pleased to add value to the sector with focused events like
    Channel Summit MENA.”
    Channel Summit MENA is supported by GfK, a leading data and analytics company, which
    will provide key insights on retail trends across the region. This collaboration emphasizes the

    data-driven approach of the event in understanding and responding to evolving market
    dynamics.
    Images:
    Some photos from the Awards here

  • Bloom Holding Launches Seville,An Exceptional lakeside Community in AbuDhabi

    Bloom Holding Launches Seville,An Exceptional lakeside Community in AbuDhabi

    Bloom Holding Launches Seville, An Exceptional Lakeside Community In Abu Dhabi

    *The fifth phase of Bloom Living offers the project’s first luxury mansions, in addition to high-end villas and townhouses that provide residents with spectacular lake views, top-class amenities, and a premium community living experience.

    Abu Dhabi(News Desk):: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Seville’, the fifth phase of its fully integrated and all-inclusive community in Abu Dhabi, Bloom Living.
    Inspired by the Mediterranean Spanish architecture and elevated by the comfort of modern living,
    Seville is the first of Bloom’s offerings in 2024. The fifth phase of Bloom Living will feature residential
    units with premium lakeside views ranging from the community’s first seven-bedroom mansions,
    three to six-bedroom villas, as well as two and three-bedroom townhouses, each with generous
    living space and access to top-class amenities within the community.

    The thoughtfully designed homes welcome indoor-outdoor living with modern and elegant finishings,
    high ceilings and large windows overlooking the serene lake, creating a bright and airy atmosphere
    filled with natural light. The communal areas within Seville are designed to be open and inviting with
    open gardens and spacious courtyards, providing relaxing leisure spaces for everyone to enjoy.
    Sales will commence in Seville with attractive payment plans and prices starting from AED 1.8 Million. The fifth phase of Bloom Living is scheduled to be completed in Q1 2027.
    Seville is fully equipped to cater to all types of residents and all age groups, making it a true multi-
    generational destination. Residents have direct access to fully facilitated community centers  consisting of fitness, cafés, lounge areas, kids play areas, swimming pools and shaded playgrounds.

    CEO of Bloom Holding, Carlos Wakim said: “Following the success of the first four phases of Bloom Living, we are proud to start 2024 with another exciting launch. Seville will offer a variety of carefully planned premium units which are fully equipped to cater to all types of residents.“Seville provides a great home for residents who wish to enjoy high-quality mixed-use community living in Abu Dhabi. The project also offers an excellent investment opportunity for investors and end users those looking for premium assets that deliver a long-term value.
    “The launch of Seville aligns with Bloom Holding’s commitment to address the increasing demand
    for sophisticated, fully integrated community living. It is well-positioned to offer residents with perfectly designed units surrounded by top-class amenities, all within an all-inclusive community in a strategic location.” He added.Those living within Seville can benefit from a wide range of facilities available at Bloom Living, just within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s multiple uninterrupted, interconnected parks, and they can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports, and recreational facilities.

    Additionally, at the heart of Bloom Living lies a Town Center, a vibrant community destination that
    offers an array of exquisite restaurants and cafés available for both residents and visitors, as well as
    a variety of retail options and services such as a medical clinic, a wellness center and a
    supermarket, to ensure that residents can obtain all their daily necessities without the need to leave
    Bloom Living.The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle on designated trails. For gatherings and leisure activities, the community features multi-purpose
    amphitheaters and Sunset and Sunrise Plazas with spectacular views. Moreover, Bloom Living
    comprises places of worship and two outstanding international schools.
    Inspired by the Mediterranean Spanish architecture Bloom Living features a selection of villas,
    townhouses, and apartments, to suit the unique needs of residents of all generations. The highly
    convenient gated community is located within Zayed City and close to Abu Dhabi International
    Airport. Bloom Living has been designated as an investment zone allowing buyers of all nationalities
    to purchase residential units in the development.(-Ends-)