GCC

GCC Bancassurance Market Poised for Growth?New Market Report Highlights Surge to $22.59 Billion by 2024 - Long-term Forecast to 2028 and 2033

Retrieved on: 
Wednesday, January 24, 2024

DUBLIN, Jan. 23, 2024 /PRNewswire/ --  The "GCC Bancassurance Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 23, 2024 /PRNewswire/ --  The "GCC Bancassurance Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
  • The latest market research report on the GCC bancassurance market is now available, providing a comprehensive analysis of the promising sector anticipated to climb to $22.59 billion by 2024.
  • Looking ahead, the report forecasts continued growth in the GCC bancassurance sector, predicting that the market size will further expand to $28.53 billion by 2028, with a CAGR of 6.0%.
  • In the scrutinization of the GCC bancassurance market, the report identifies strategic ventures and acquisitions as the key approaches adopted by industry frontrunners to consolidate their positions.

FocusPoint hires Peter Brown to strengthen its presence in Europe and GCC markets

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- FocusPoint Private Capital Group ("FocusPoint") and its affiliate in the UK, FocusPoint Europe LTD, ("FPE") announced the appointment of Peter Robert Brown as FPE's Managing Director, Head of EMEA to expand coverage for its clients across institutions and high-net-worth platforms in Europe and GCC. 

Key Points: 
  • Brown joins FPE from Jefferies Private Fund Group in London, where he was a Managing Director, Head of EMEA from 2018, covering Europe and GCC markets and raising capital for private equity, credit and income-related strategies and direct transactions.
  • Previously, Peter was a Senior Managing Director at Guggenheim Partners, where he was Head of the Middle East.
  • "As we build FocusPoint's presence in the GCC and EMEA regions, Peter brings almost 30 years of institutional sales, capital markets, and investment banking experience, along with deep investor relationships globally.
  • In this new role, Brown is based in FocusPoint's London office and reports to Conrod.

Response Plus Medical announces strategic acquisition of UK-based Prometheus as part of global expansion plans

Retrieved on: 
Monday, January 22, 2024

Prometheus is part of Safeguard Medical, a global provider of innovative emergency medical technologies and specialized training for first responders.

Key Points: 
  • Prometheus is part of Safeguard Medical, a global provider of innovative emergency medical technologies and specialized training for first responders.
  • RPM is part of Response Plus Holding PJSC, the largest pre-hospital medical services provider in the UAE and KSA, listed on the Abu Dhabi Securities Exchange.
  • This acquisition brings together two leading healthcare providers forming a credible Global healthcare platform for Energy and Defense companies.
  • Dr. Rohil Raghavan, CEO of Response Plus Medical, reinforced the importance of this acquisition in implementing the company's global expansion strategy.

Metra Group announces value-added partnership (VAP) for GCC countries with AI/ML powered Infra-AI platform company Astrikos.ai

Retrieved on: 
Friday, January 19, 2024

The emerging promising sector of infrastructure operations, smart cities, IoT enabled cognitive infrastructure area is globally estimated to be over 160 billion dollars market and is expected to grow with a CAGR of over 10% year over year to cross 600 billion dollars by the year of 2032.

Key Points: 
  • The emerging promising sector of infrastructure operations, smart cities, IoT enabled cognitive infrastructure area is globally estimated to be over 160 billion dollars market and is expected to grow with a CAGR of over 10% year over year to cross 600 billion dollars by the year of 2032.
  • For better optimization of the infrastructure operations, management, sustainability measurements and proactive actions, for infrastructure administrators, it is important to use the power of data intelligence and decipher the hidden patterns of problem areas, forecasting and prediction to take the appropriate anticipatory actions with utmost accuracy.
  • Furthermore, he also elaborated about the key value proposition of this partnership and how it is unique in its own nature to make the difference.
  • The conference had the attendance of following industry experts and thought leaders in the areas of Smart Cities, Urban Management, Infrastructure development:

Metra Group announces value-added partnership (VAP) for GCC countries with AI/ML powered Infra-AI platform company Astrikos.ai

Retrieved on: 
Friday, January 19, 2024

The emerging promising sector of infrastructure operations, smart cities, IoT enabled cognitive infrastructure area is globally estimated to be over 160 billion dollars market and is expected to grow with a CAGR of over 10% year over year to cross 600 billion dollars by the year of 2032.

Key Points: 
  • The emerging promising sector of infrastructure operations, smart cities, IoT enabled cognitive infrastructure area is globally estimated to be over 160 billion dollars market and is expected to grow with a CAGR of over 10% year over year to cross 600 billion dollars by the year of 2032.
  • For better optimization of the infrastructure operations, management, sustainability measurements and proactive actions, for infrastructure administrators, it is important to use the power of data intelligence and decipher the hidden patterns of problem areas, forecasting and prediction to take the appropriate anticipatory actions with utmost accuracy.
  • Furthermore, he also elaborated about the key value proposition of this partnership and how it is unique in its own nature to make the difference.
  • The conference had the attendance of following industry experts and thought leaders in the areas of Smart Cities, Urban Management, Infrastructure development:

IT Service Management (ITSM) Market worth $22.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 18, 2024

The primary functions of the service desk are incident control, event management, life cycle management of all service requests, and communicating with end users of those IT services.

Key Points: 
  • The primary functions of the service desk are incident control, event management, life cycle management of all service requests, and communicating with end users of those IT services.
  • In this ITSM service, providers thoroughly evaluate the project life cycle, help staff, and assign the right person for the correct process.
  • Combining Remedy's industry-leading service management and problem resolution capabilities with BMC Software's performance and availability management solutions will provide customers with robust, integrated service management solutions as the business(es) deliver outcomes.
  • IT Service Management (ITSM) Market Advantages:
    ITSM increases overall operational efficiency by automating and streamlining IT procedures, which decreases manual labour.

IT Service Management (ITSM) Market worth $22.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 18, 2024

The primary functions of the service desk are incident control, event management, life cycle management of all service requests, and communicating with end users of those IT services.

Key Points: 
  • The primary functions of the service desk are incident control, event management, life cycle management of all service requests, and communicating with end users of those IT services.
  • In this ITSM service, providers thoroughly evaluate the project life cycle, help staff, and assign the right person for the correct process.
  • Combining Remedy's industry-leading service management and problem resolution capabilities with BMC Software's performance and availability management solutions will provide customers with robust, integrated service management solutions as the business(es) deliver outcomes.
  • IT Service Management (ITSM) Market Advantages:
    ITSM increases overall operational efficiency by automating and streamlining IT procedures, which decreases manual labour.

WEF24: Saudi Arabia Reiterates Call for Immediate Ceasefire in Gaza, De-Escalation in the Red Sea, to Ensure Regional Stability

Retrieved on: 
Wednesday, January 17, 2024

Saudi Arabia reinforced its call for an immediate ceasefire in Gaza, and an end to the spiraling volatility in the Red Sea, today at the World Economic Forum (WEF) Annual Meeting 2024.

Key Points: 
  • Saudi Arabia reinforced its call for an immediate ceasefire in Gaza, and an end to the spiraling volatility in the Red Sea, today at the World Economic Forum (WEF) Annual Meeting 2024.
  • This press release features multimedia.
  • “The international community has been moving more in the direction that we have called for since the beginning, which is a ceasefire and more humanitarian aid.
  • His Excellency Bandar I. Alkhorayef, Minister of Industry and Mineral Resources, highlighted Saudi Arabia’s “three dimensional” policy approach to building industrial capabilities and creating an investor-friendly environment to unlock the untapped potential of Saudi Arabia’s vast mineral assets.

Unveiling the Strategic Partnership between IBS and Centrika Limited for the African Market Launch

Retrieved on: 
Wednesday, January 17, 2024

The partnership with Centrika marks a pivotal moment aligned with His Majesty King Abdullah-II bin Al-Hussein's working visit to Rwanda, which aimed to strengthen bilateral relations between both countries.

Key Points: 
  • The partnership with Centrika marks a pivotal moment aligned with His Majesty King Abdullah-II bin Al-Hussein's working visit to Rwanda, which aimed to strengthen bilateral relations between both countries.
  • The sessions in Kigali proved that mutual collaborations in IT solutions and digital services could benefit Rwanda’s tech ecosystem.
  • View the full release here: https://www.businesswire.com/news/home/20240116293564/en/
    Signing Ceremony of IBS – Centrika Partnership for the African Market Launch (Photo: AETOSWire)
    Ibrahim Darraz, Managing Partner at IBS, stated, “We are thrilled to expand the presence of IBS iKiosks in the African market through our esteemed partner Centrika.
  • Centrika’s compact and secure iKiosks accept both cash and cashless payments, providing 24/7 fast and easy accessibility,” stated Mohammad Al-Azzeh, Managing Partner at IBS.

Dubai to host global AI leaders as the UAE ramps up its National Vision for Artificial Intelligence

Retrieved on: 
Monday, January 15, 2024

DUBAI, Jan 15, 2024 - (ACN Newswire) - Grand Hyatt Dubai is all set to host the highly anticipated Global AI Show on 16-17 April, 2024.

Key Points: 
  • DUBAI, Jan 15, 2024 - (ACN Newswire) - Grand Hyatt Dubai is all set to host the highly anticipated Global AI Show on 16-17 April, 2024.
  • Event managed by VAP Group - a premier blockchain and AI consulting brand, is set to gather prominent figures from the Middle East's AI, ML and RPA arenas.
  • Recognizing this potential and the existing gap, Global AI Show - Dubai aims to bridge these industry divides.
  • The event will be a deep dive into AI, bringing together new ideas, knowledge, and growth in this changing tech field.