Friday, 27 January 2023

UAE Sees a Massive Improvement in Quality of Life Index


Dubai – The quality of life in United Arab Emirates (UAEs) residents has seen a drastic improvement. Factors like purchasing power, safety and healthcare witnessed the biggest improvement according to the latest data released for 2022by Numbeo. Being a provider of global databases for consumer prices and quality of life, Numbeo’s report showed a big jump in Abu Dhabi and Dubai’s global ranking in 2022.

Abu Dhabi’s ranking improved from 84th in 2022 to 24th this year. Similarly, Dubai’s ranking improved from 95 last year to 49 in 2022 on the Quality-of-Life index. Regionally, Abu Dhabi was ranked the top city for quality of life. The purchasing power of residents of both the cities improved substantially in the past 12 months. This is primarily because of a drop in the cost of living as a result of the strengthening of the UAE dirham against foreign currencies. Inflation is also low compared to other countries around the world.

The inflation reached 5.5% in the first nine months of 2022 and was one of the lowest in the world last year. Meanwhile, the health sub-index remained the same in Abu Dhabi and improved in Dubai, while the safety sub-index further improved in the UAE Capital. Similarly, the cost of living in Dubai dropped but remained steady in Abu Dhabi.

Impact of Increased Consumer Spending

As one of the top 10 market research companies in Dubai, we can affirm that UAE consumers are spending more on clothing, luxury goods, fuel and dining out. The increased UAE consumer spending is helped by the drop in petrol prices and removal of many Covid-related restrictions. A similar survey conducted by Dubai’s Department of Economy and Tourism (DET) revealed that more than half of Dubai’s residents (52%) dine-out up to three times per week. 

UAE Government Initiatives to Improve Quality Of Life

life in United Arab Emirates is among the safest countries to live in and is highly welcoming to diverse cultures. Both Dubai and Abu Dhabi are rated highly in socio-economic, healthcare, education and recreational facilities. According to the International Monetary Fund (IMF) latest projections, UAE is set to become the fastest growing economy in the Gulf outpacing Saudi Arabia. This will further enhance UAE’s reputation as a thriving economy in times where other nations struggle due to negative implications of the Ukrainian war.

Monday, 16 January 2023

Is The Euphoria Back In Dubai Real Estate Market?


In 2008, amidst signs of subprime crisis which decelerated the global economy, Cityscape Global, the largest business to business real estate investment and development event was held at Dubai World Trade Center on 6-9 October. Three weeks prior to the event, Lehman Brother and Meryl Lynch went bankrupt in the USA. As a result, the global economy was subject to a financial crisis. However, in some spheres there was belief that Dubai real estate market may defy the newly emerging gloomy trends and throw some pleasant surprise.

There were obvious reasons for such euphoria as the Dubai real estate market in the UAE was performing and yielding great results from the period of last five years (2004-08). Dubai, considered as the bridge between the emerging and developed markets, was seen as a symbol of luxury lifestyle mega projects. It was known for rolling out grand projects with unmatched pace and vigor.

However, the predictions went off the mark. The real estate sector which was soaring high so far suddenly seemed to suffer due to severe melt down and lack of liquidity (emanating out of global recession) coupled with over speculation. The event which showcased numerous ambitious projects was followed by reports about regulatory insufficiencies and fraudulent charges against some of the developers. The nature of discussion started shifting and the fundamentals of UAE’s real estate markets were questioned. Many of the projects got delayed (or cancelled) and real estate entities suffered huge losses.

The effect of a real estate debacle was very well reflected in the next Cityscape in 2009 to as a 50 percent drop in number of visitors was observed compared to previous year which witnessed more than 70,000 visitors. The number of exhibitors went down from 340 to 218 as well. Once known for luxury mega projects, now the emphasis was more on market fundamentals, realism and transparency. It was obvious, given the fact that property prices fell by 50 percent and number of active developers dropped by 60 percent compared to previous year.

However, in the midst of real estate market debacle some optimism was seen back in 2010, mainly due to the Dubai World’s successful loan restructuring with a group of lenders involving various international bank. There were other pieces of encouraging news such as confirmation by Nakheel to pay USD 1 billion to creditor and Dubai government issuing a 1.25 billion USD dual tranche bond to be utilized towards infrastructure project. All these were indicative of some normalcy coming back to the real estate market. The next Cityscape event in 2010 was visited by 38,000 individuals from 115 countries. Approximately 200 exhibitors participated in the event. The name was changed from Cityscape Dubai to Cityscape Global with the intentions of attracting more foreign players. Nevertheless, there was little impact on the property market and real estate transactions.

Likewise, the results of Cityscape Global 2011, were intertwined with a crucial regional crisis, Arab Spring. Due to the political and economic crisis in Egypt, Syria and Bahrain, a part of liquidity was transferred to Dubai, which is considered to be a safe haven in the Middle East and Africa. Dubai real estate market also gained in terms of tourist arrivals at the cost of other regional tourist hubs such as Egypt. However, there was not much change towards the overall property market fundamentals as prices were still subdued.

In its next edition in 2012, number of individuals showing up remained unchanged at around 25,000 visitors; however, announcement of many individual projects such as Meydan city master plan, Shoba city and Dubailand Falcon city were made.

With less than a week for the 12th edition of Cityscape Global, it seems that the euphoria is back again. The web and conventional media is fraught with advertisements and promotions and many trade experts consider the excitement level at par with the 2008 level, albeit with more caution and stronger fiscal policies in place to curb speculation. The event is exhibited to host over 200 companies, highest in the last four years. Many of the Dubai based real estate companies will be exhibiting for the 1st time since 2008.

Major part of the excitement could be explained due to revival of investor confidence in the Dubai real estate market. According to Dubai Land Department, Dubai received an investment of around 16 billion USD through a total of around 18,635 investors in 2012. A major part of the investments has been channelized in plots, apartments and villas.

For readers, unaware of Cityscape Global, it is the biggest real estate exhibition and conference on property development conducted in Dubai World Trade Center every year. Organized by Informa exhibitions, the event was 1st held in 2002. Real estate companies, architects and designers, city councils and various financial institutions from all around the world exhibit their product. Besides, individuals involved in different dimensions of real estate, high net worth individuals and property buyers come in big number to visit the event.

In addition to the exhibition, the event is associated with various conferences, sector series and awards. The event host conferences on Global Real Estate Summit, MENA Mortgage and Affordable Housing and Future Cities Conference. There are sessions for senior real estate developers, investors and delegates to network and share latest industry trends. There is also Cityscape awards for emerging markets, rewarding industry professionals and companies for designing excellent projects (built as well as future) in emerging markets. Presently the event also has sister events in various other parts such as Abu Dhabi, Egypt, Qatar, KSA, Latin America and Asia.

The market fundamentals seem to be strong and the real estate markets appear to be back on track. Further to this, with ongoing preparations for Expo 2020 in full swing (Dubai is expected to win the bid to conduct Expo 2020 in November. A complete range of reports will be published on the same) Cityscape 2013, presents tremendous opportunities for investors, developers and the overall UAE’s economy in general.

At Research Konnection we emphasize on blending strong research fundamentals with local nuances and sub trends, specific to the UAE, GCC and MENA markets. Real estate being one of our key focal areas, our team is actively involved in tracking different dimensions of Cityscape Global. Our next analysis will be based on the outputs received of the survey, which we are conducting to understand, evaluate and quantify the excitement level among real estate investors. The outputs and conclusions drawn from the survey could offer useful insights for property developers, consultants, contractors, property owners, buyers and for all who are interested in Dubai’s property market. The survey findings will be revealed after the event. We will request you to take out two minutes and complete the small survey.

Sunday, 15 January 2023

Gitex Exhibition – an Analysis by Research Konnection


The Evolution of Gulf Information Technology Exhibition (Gitex) as a State of the Art Global Exhibition Has Been Synchronized With Dubai’s Transformation From a Relatively Lesser Known Entity Into a Global Hub for Technology, Tourism, Retail and Trade. The Annual Technology Exhibition, Trade Show and Conference is Considered to Be the Largest Technology Event in the Middle East. It Attracts Technology Enthusiasts and End Consumers Alike in Large Volumes and is Exhibited by a Range of Technology Companies.

Gitex Was 1st Organized in 1981 by Dubai World Trade Centre as an It Exhibition. Conducted in a Small Area of 820 Square Meters, It Was Attained by 46 Local Exhibitors and Around 3,000 Visitors. It Was an Era When Dubai Was in Its Nascent Phase and Its Economy Primarily Depended on Oil Extraction, Fishing and Pearls. However, in Subsequent Years, Dubai Demonstrated Meteoric Economic Rise Albeit Visionary Governance to Transform the Emirates Into a Paradise for Businesses, Tourists and Shoppers From the Region as Well as Globe.

In Its 29th Edition in 2013, Gitex is Expected to Attract 139,000 Ict Professionals From Over 3500 Companies, Out of Which Around 25,000 Executives Are Expected to Be C-level Executives. Over 80 Percent of the Leading Ict Companies From Across the Globe Will Make Their Presence Felt in the Event, Which is Considered to Be the Gateway to the Middle East.

Showcase Latest Innovation

Gitex is a Tremendous Platform for Technology Firms to Demonstrate and Launch Their Latest Technologies Into the Mena Region as It Offers a Suitable Platform for Technology Enthusiasts and End Users to Learn and Understand About Latest Innovations and Advancements in the Technological Landscape.

Besides Product Launch, Every Year Gitex is Associated With Various Key Announcements. For Instance, German Software Giant Sap Last Year Announced an Ambitious Four Years Investment Plan in Mena Market Which Included Initiatives Such as Certification of Consultant, Up-skill Local Talent, Customization of Solution in Accordance to Local Needs and Creation of New Job Opportunities.

Stakeholder Networking

Gitex Which Amass Numerous Retailers, Distributors, Technology Enthusiasts and Consumers From Various Part of the Globe Under Roof, is Considered to Be an Effective Platform for Business Networking. Since Its Inception Gitex Have Been Playing an Instrumental Role in Catalyzing Effective Networking Between Principle Companies and Regional Channel Partners, Distributors and Retailers Thereby Ensuring Benefits for All the Stakeholders Involved. Over the Period of Time, It Has Grown Manifolds in Terms of Size and Had Found Its Way in the Wish List of Key Decision Makers From Leading Technology Companies, Across the Globe.

Besides the Gitex Technology Week, It Has the Couple of Other Events Named Gitex Shoppers, October and Spring Edition. These Are Considered to Be the Largest Consumer and It Electronics Sales Event. Gitex Shopper Events Are Frequently Visited by All the Leading Global Brands Such as Samsung, Nokia, Hp, Dell, Bose, Lg, and Intel and Are Associated With Multi-million Dollar Sales Every Year.

Contribution to Dubai Economy

Gitex Events Make Significant Contribution Towards the Economy of Dubai and Uae. According to an Assessment Conducted by Oxford Economics, in 2011 the Contribution of Gitex Towards the Dubai Was Usd 1.75 Billion, 2.1 Percent of the Annual Gdp. Besides Tourist Inflows Other Significance Are Stupendous Sales, Business Networking and Brand Image Stimulation.

The Purpose Behind Introducing the Concept of Gitex Shopper by Dubai Government Was to Segregate Retail Customers From B2b and Offer Them a Separate Platform. Since Its Inception, in Line With the Reputation Enjoyed by Its Flagship Event, Gitex Shopper Has Been Receiving Massive Response From Local, Regional and International Shoppers. Due to the Outstanding Success of Gitex Shopper Event, His Highness Sheikh Mohammad, the Prime Minister of Uae and the Ruler of Dubai Declared to Add an Additional Spring Edition to the Existing Event From This Year Onwards Which Means That the Event Will Take Place Twice a Year.

Tremendous Sales

Gitex Events Are Associated With Tremendous Sales, Thanks to Its Size, Scale and Exciting Discount and Prize Offers. (in the Present Gitex Shoppers 2013, the Total Prize Money is Estimated to Be Around Usd 13.5 Million). In 2012, Gitex Shoppers Which Was Visited by Over 2,000,000 Individuals Resulted in Total Sales of Around Usd 65 Million. Similarly, the 1st Spring Edition Concluded in the Month of April, Ended Up in Estimated Total Sales of Over Usd 25 Million.

Strategic Intent 

Uae Along With the Mena Region is Considered to Be One of the Most Sophisticated and High Worth Information Communication and Technology (Ict) Markets Across the Globe. The Overall Net Worth of the Consumer Electronic Retail Alone, in the Uae is Usd 3.9 Billion. With a Penetration of 74 Percent, Uae Holds Number One Position in Terms of Smartphone Penetration Across the Globe, Ahead of Its American, European, and South East Asian Counterparts. The Smartphone Penetration in the Region is Estimated Around 47 Percent and is Expected to Reach 70 Percent by the End 2016.

Unrivalled in Terms of Size and Scale, Gitex Go Hand in Hand With the Strategic Intents of Dubai in the Context of Ambitious Ict Plans. Moreover, Dubai Has Rolled Out Many Plans in Order to Seek Huge Investment Towards Developing State-of-the-art Ict Infrastructure. In This Context, a Grand Event Such as Gitex, Which Exposes Local Markets to Numerous International Ict Companies, is Considered to Be Beneficial Towards Realizing Such Strategic Plans and Intents.

Global Events Such as Gitex and Cityscape Along With Ambitious Plans Such as World Expo 2020 Are Supposed to Play an Integral Part in Conceptualizing Such Grand Vision. With Their Natural Ability to Attract and Engage Business and End Users From Different Part of the Globe in Huge Number, They Stimulate Almost Every Key Sphere of Dubai’s Socio-economic Life and Give the City a Magnificent Image. They Reflect What Dubai is Capable of and Acknowledge the Authenticity and Veracity of Its Plans.

Dubai’s Success in the Recent Past Has Been Awe-inspiring and It Has Emerged as a Role Regional Model. However, the Great Leadership in Dubai Has Larger Plans for the City State. Famous for Thinking Big and Executing Fast, Dubai Aims to Consolidate a Much Larger Position for Itself in the Global Tourism, Real Estate and Trading Map. Not to Mention Technology Sector as Well.

At Research Konnection We Are Conducting a Survey to Capture the Excitement Level Among the Residents of Dubai Towards Ongoing Gitex Shoppers. The Survey is Presently Running Across Online as Well Offline Platforms and the Insights Procured Will Be Published by the End of the Month. We Will Request You to Take Out Two Minutes and Complete the Small Survey.

Friday, 13 January 2023

Research Konnection - Business Consulting Services in Dubai

 

Research Konnection, which is a part of Scan International Group, is one of the best Market Research Companies in Dubai that assist clients with Market Research, Feasibility Studies and Business Setups in the United Arab Emirates (UAE).

With a deep understanding of the Gulf economy, markets and people, we offer customized research solutions and specialize in industries such as Education, Food & Beverage (F&B), Healthcare and Sports & Fitness in UAE.

As a leading boutique Market Research Company in Dubai, we are passionate in supporting entrepreneurs, investors and local & international companies with Market Research, Feasibility Study and Business Planning services.

Research Konnection which is a part of Scan International Group is one of the leading Market Research Companies in Dubai that assist clients with Market Research, Feasibility Studies and Business Setups in the United Arab Emirates (UAE).

We are rated as one of the best market research companies in Dubai as we have a deep understanding of the local economy, markets and demography. This enables us to provide deeper insights and offer practical research based solutions to established and emerging International companies and brands.

The Company was founded in 2014 by Waqas Hassan Siddiqui – A proven authority in Business Research for the UAE and Gulf region. From the platform of Research Konnection, we are passionate to help entrepreneurs, business owners and companies through Market Research (Surveys & Interviews), Feasibility Study and Business Plan services in Dubai and UAE.

Sunday, 25 December 2022

Dubai to Focus on Seamless Transactions




Seamless is Middle East’s biggest and important event that provides an exhibition platform for payments, Fintech, e-Commerce and retail. This year’s event oversaw discussions major topics such as Fintech, Blockchain, AI (Artificial Intelligence)  and Innovations. The event also provided a platform for tech companies to display their latest technologies that could facilitate and ease the process of online payments.

The 19th edition of the Seamless Middle East took place at Dubai World Trade Centre from 15th April to 16th April 2018 under the patronage of Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior. The event was sponsored by Dubai Airport Free zone (DAFZA) and Wasl Asset Management Group aiming to make Dubai the most attractive and ideal e-Commerce destination. More than 350 international and regional companies participated in the event along with 10,000 industry professionals and tech enthusiasts. Several thought provoking dialogues and keynotes were exchanged throughout the event that helped the attendees to think beyond the obvious and prepare for the future.

Seamless Middle East – Event Highlights

The two day event was packed with a tight schedule. Conferences, Demos, exhibitions and visitor attractions on latest trends in e-Commerce, Fintech, Blockchain, AI Innovations and retail were organized in the event. business plan in UAE Networking opportunities and award functions were also held. More than 300 speakers delivered thought provoking keynotes in the conference. Some of the major highlights of the events are listed below

Demos

The seamless Middle East provided “free to attend” conferences under “demos” that provided visitors unparalleled peer-to-peer learning opportunity. Some of the topics that were covered in demos are listed below.

Digital Payments
Fintech
Migrating from EMV to Dual Interface
Customer Conversion
Digital Marketing
Logistics & Fulfilment
Building online Trust
Visitor Attractions

The visitor attractions provided a platform to learn through interactive launches, showcases and interviews, located within the exhibition floor.

e-Commerce University – A one day programme devoted to helping entrepreneurs build, launch and grow a profitable e-Commerce business.

Fintech Showcase – A showcase of international and regional Fintech companies.

Launch Pad – A showcase of genuine innovation in latest products and services never before seen in the Middle East.

Start-Up Zone – Success stories of innovative e-Commerce companies over the past 12 months.

Pitch-offs – An opportunity for e-Commerce start-ups to pitch their products / services supported by Venture Capital funding of USD $500,000 for the top 5 – 10 ideas.

Networking

Several initiatives were taken by Seamless to accelerate the networking and business connections of the attendees.

Peer–2-Peer Roundtables – Interactive round table sessions

VIP Buyer Program – Networking with VIP delegates with with purchasing power of millions of dollar.

Connect with Jujama – Networking application for Seamless Middle East attendees.

Seamless Middle East – Exhibitors Highlights

Several major international and regional companies exhibited their products and services in the event. Among the 350 companies that participated in the event, 4 start-up companies were highlighted in the event for the most innovative solutions provided by them for the past 12 months. These “Industry Disrupting Start-Ups” are listed below:

Dave A.I – An innovative technology that reinvented the buying experience for customers in offline retail using state of the art Artificial Intelligence.

Akyasi – A new and unique mobile application which aims to facilitate a seamless and hassle-free experience for its users

Tinyclues – A leading AI-first Marketing Campaign Intelligence solution enabling 
companies to generate additional revenue through intelligent campaign targeting and planning. 

Snash – A mobile application that helps fast moving consumer good (FMCG) brands to access the basket size & identify consumer-purchasing habits.

Investment Opportunities in Dubai’s e-Commerce Sector
The Middle East region is witnessing a rapid growth in the e-Commerce sector, with UAE claiming 15th positing on the Euromonitor International’s Digital Consumer Index 2017.

UAE also ranks 1st in the Middle East and North Africa region (MENA) on digital consumer spending. According to the reports published by Dubai Chambers, e-Commerce will be a megatrend for businesses in the UAE in next few years.

The UAE’s e-Commerce sector is expected to be valued at Dh 36.7 billion by 2018 at a growth rate of 10 per cent annually. Dubai contributes around 40 per cent of the total value of e-Commerce sector in UAE.

With e-Commerce sector valued at Dh 10 billion, Dubai provides excellent opportunities for investment in the sector. Furthermore, the establishment of Fintech based companies in Dubai, the increasing demand for blockchain technologies, introduction of emPay (emcredit system for online cashless transactions) and the incentives / subsidiaries provided by the government for technology based companies provide an ideal platform for investment in e-Commerce sector in Dubai.

Wednesday, 14 December 2022

Sheikh Mohammed Presents His Vision for UAE

Last week, His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of UAE presented his vision for the country in the future and promised that he would continue to focus on the nation’s development while addressing the residents of UAE including both the Emiratis and expats on 12th July. With the speech lasting for more than 15 minutes, Sheikh Mohamed spoke about almost all the major topics from ensuring the happiness of the people residing in UAE to the vision of achieving world peace and building bridges of peace between countries. Some of the key initiatives that were addressed are listed below:

Prioritizing the Happiness of the People

To ensure that the people residing in the UAE have everything they need to live fulfilled, comfortable and happy lives. This was among the primary objectives and the basis of all the future plans that had been planned by the president.

Ensuring Peace in the Region

The policies set by the UAE will continue to focus on peace and stability in the region and also in the entire world. This will be achieved by supporting the countries in need and advocating for wisdom and cooperation among these countries for the well-being of the entire human race.

Security of UAE

The sovereignty and Security of the UAE will always be the primary focus and it still remains a foundational principle that everyone will abide by. Anything that could affect the security of the sovereignty of the UAE will not be tolerated. He also mentioned that UAE will extend its hand of friendship to all the countries that share their value of peace, coexistence, and mutual respect. This will be the primary step to achieving progress and prosperity.

Appreciation towards the People

His Highness Sheikh Mohamed bin Zayed Al Nahyan mentioned that the pride of UAE has always been the people. business plan in uae Both Emiratis and expats who have contributed to the growth of the country. He deeply appreciates the valued role that the residents who consider UAE as their second home have contributed. Their continuous contributions have been a major contribution to the building and development the UAE since its union

Tribute to the late Sheikh Khalifa

The president of UAE walked alongside the Founding Father, Sheikh Zayed, throughout the UAE’s development, and bore the nation’s trust after his father’s passing with sincerity and wisdom. Late Sheikh Zayed fulfilled his mission for his people, leaving an enduring legacy of generosity through his deeds in the region and around the world.

Hope in the Youth

UAE possesses a distinguished wealth of young manpower and is blessed with many resources among which highly skilled human capital being one of the major assets. Apart from this, the country also possesses more than 200 nationalities who are actively participating in the growth and development of UAE’s economy

Extending a Helping Hand

UAE will work to strengthen its role among the world’s leading countries by providing humanitarian aid, and by continuing to extend a helping hand to communities in need around the world, irrespective of religion or race.

A Reliable Energy Provider

The UAE will continue to consolidate the nation’s position as a reliable energy provider, and support global energy security as a fundamental driver of  UAE global economic growth and development.

Economic Diversification

UAE’s focus on further diversifying its economy is a key strategic focus of the country’s future plans. It is therefore necessary to accelerate economic development efforts to continue building a leading global economy, to enhance UAE’s competitiveness, and to achieve the highest global rankings.

Utilizing Scientific Advancements for the Good

UAE’s priorities also include further strengthening the people’s capabilities in science and technology and developing it further to benefit all economic areas and the society. The role of the private sector will be pivotal and it must be further activated through constant collaboration and diverse opportunities to increase its contribution to the growth of the economy.

New partnerships and friends

The next phase for Dubai will be to build on it’s reputation by establishing strategic partnerships with various countries. Continuing Sheikh Zayed’s approach, Dubai will work to strengthen it’s role among the world’s leading countries by providing humanitarian aid, and by continuing to extend a helping hand to communities in need around the world, irrespective of religion or race.

Dubai will also continue to consolidate the nation’s position as a reliable energy provider, and support global energy security as a fundamental driver of global economic growth and development.

Sunday, 11 December 2022

GITEX Technology Week – 2020

The 40th edition of GITEX Technology week starts from today 6th of December and will run till 10th December 2020 at the Dubai World Trade Centre. GITEX focuses on uniting international technology visionaries, industry innovators and global investors. This is the biggest MICE (Meetings, incentives, conferences and exhibitions) event to take place in Dubai since the COVID-19 outbreak. The event is expected to see more than 1,200 big tech companies and start-ups across 60 countries. The organizers of the GITEX technology week will give the highest priority to the visitors’ health & safety and follow Dubai Government regulations, as well as follow the guidelines set by the Dubai Health Authority and Dubai Municipality.

GITEX Technology Week – Focus

GITEX will focus on showcasing the technological progress made by the entities of the UAE market Government that are leading UAE’s digital economic transformation including Smart Dubai, Dubai Electricity and Water Authority, the Abu Dhabi Government, Dubai Police and Dubai’s Roads and Transport Authority. In addition, Dubai’s initiatives in leveraging the technology to combat and overcome the pandemic will also be showcased.

Some of the major verticals that will be focused on during the GITEX technology week are the region’s gaming infrastructure, digital marketing, smart cities and IoT. Technology giants such as Microsoft, Dell Technologies, Du, Etisalat, Lenovo, Honeywell, IBM, Red Hat, Avaya and Huawei will have their presence in the event along with most influential technology investors such as EBAN, MODUS Capital, 500 Startups (Egypt) and MENA Tech Fund.

The GITEX Technology Week 2020, will play a critical role in helping Dubai to overcome the economic slowdown by actively attracting international investors to the Emirates and to showcase themselves as the most technologically innovative and creative city in the world. Contact market research company uae to know more about the implications of GITEX technology week on the technology industry.

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