Change management key to survival in the $20.3tln industry, experts at the Middle East Retail Forum, say

The 10th Middle East Retail Forum held on November 24th witnessed the confluence of the region’s top retail leaders to discuss the unveiling of tomorrow’s retail experiences. While the integration of augmented reality, NFTs, retailing in the metaverse, and futuristic in-store experiences were the key themes of the CEOs Conclave, the SOLO (Stories, Outcomes, Learnings, Opinions) sessions […]

INATBA Signs Memorandum of Understanding with Abu Dhabi Global Market to Establish Association Development in the MENA Region

Abu Dhabi Global Market andINATBA (International Association for Trusted Blockchain Applications) have signed an MoU launching a partnership to establish a chapter of INATBA in the MENA region and continue to foster public private collaboration. INATBA and ADGM have signed a Memorandum of Understanding to establish a partnership that will launch the development of INATBA in the […]

WatchBox, The World’s Leading E-Commerce Platform For Collectible Luxury Watches, Secures $165M In Funding To Continue Its Global Expansion

WatchBox, the world’s leading online destination for collectible luxury watches, today announced that it has raised $165 million of equity capital. Lead investors The Radcliff Companies and The Spruce House Partnership were joined by CMIA Capital Partners as well as other existing investors. WatchBox will invest the capital to further scale its digital platform, expand into new markets, and enhance […]

Retention Cloud Leader CleverTap Names Former Freshworks CRO Sidharth Malik as Global CEO

 CleverTap, the world’s leading user engagement and retention cloud, has expanded its core leadership with the appointment of Sidharth Malik as global CEO. The announcement comes as CleverTap accelerates its international growth and builds new capabilities to help digital consumer brands increase their customer retention and foster lifetime value. Malik is a proven leader with a distinguished track […]

AiFi partners with Carrefour to launch Carrefour Flash 10/10, a next-generation concept store

Carrefour Flash is the first store of this kind in France, and will be located at 11 avenue Parmentier, in the capital’s eleventh arrondissement. With Flash, technology is used to enhance the customer experience, making shopping more straightforward. It has nearly 900 everyday product references on sale. With this innovative new format, Flash 10/10 (“10 seconds to shop and 10 […]

Splashlight Studios Raises $1 Million in Seed Funding

Splashlight Studios, a young e-commerce digital solutions provider has raised seed funding of $1 million from Eagle Ventures, a Dubai-based  fund managed by Adit Mehta and Hitesh Ajmera. Backbay Advisors was the financial advisor to Splashlight Studios on the transaction.  “The seed fund is a great vote of confidence for Splashlight Studios and highlights the progress achieved since its launch in 2020. […]

Opportunity awaits UAE banks: 61% of clients set to approach their banks for new services

Across the UAE, the banking and wider financial services sector is changing faster than most individual incumbent banks, with consumer forces disrupting their roles, structures, and competitive environment. As financial and lifestyle services continue converging and financial products become even more embedded within customer propositions, enriching existing banking offerings with lifestyle services will enable local […]