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GITEX Technology Week 2015 Drives Middle East’s Internet of Things Business Innovation with Drones, Robotics, and 3D Printing

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9 years ago

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GITEX 2015 - Press Conference 2

 

 

The Middle East is primed to become a global driver in Internet of Things (IoT) connected innovations, as the GCC’s cloud market is set to grow from USD 118.5 million in 2014 to USD 668.5 million in 2020[1], industry experts announced today in the build-up to GITEX Technology Week 2015.

Connected cloud technology such as mobile apps, e-government, drones, 3D printing, and robotics will form the foundation of the region’s rapidly-growing Future Cities – a key spotlight at the landmark 35th GITEX Technology Week, running 18-22nd October. By 2025, the global Smart Cities market will reach USD 3.3 trillion, with nearly half of the world’s 26 Smart Cities arising in emerging markets such as the Middle East.[2]

“Spearheaded by regional investment and development, the Middle East continues to be a significant pace setter in driving forward innovative discussion, implementation and knowledge exchange around IoT agendas. In testament to this, the 35th anniversary of GITEX Technology Week will be our most expansive and international edition to date. Our roster of world-renowned thought leaders and global technology companies reflect the strong demand for how Internet of Things technologies such as drones, robotics, and 3D printing can impact daily lives and every industry vertical in the Middle East and beyond,” said Trixie LohMirmand, Senior Vice President, Dubai World Trade Centre, organisers of GITEX Technology Week 2015.

Celebrating transformative technology in the build-up to UAE Innovation Week and in line with the UAE’s Year of Innovation, GITEX Technology Week 2015 will be held under the theme of “The Internet Future of Everything,” revolving around the pillars of Innovation, Connected Cloud, Big Data, Mobility, and Security.

Focusing on driving collaboration and next-generation agenda setting, a host of new initiatives are being spearheaded for the 2015 event.

 

In tandem with the Year of Innovation, the GTX Horizons Zone will showcase leading edge demonstrations of next generation disruptive technologies across 3D Printing, Autonomous Vehicles, Drones and Robotics. Innovation, Interoperation and Disruption will continue as themes across the GTX Ignite conference, a powerhouse of global thought leadership, and GTX Innovation Tech Talks, free to attend sessions, that will host over 100 sessions with 150-plus global futurists, including the Prime Minister of Estonia, ICT ministers from Egypt, Kenya, and Nigeria, and senior executives from Accenture, BP, Boeing, and Facebook.

In partnership with the UAE Drones for Good Award, GTX Horizons’ Drones Zone will host a selection of this year’s award winners, and drones from top manufacturers such as DJI, the world’s largest manufacturer of drones.

The GTX Hub will form the umbrella of industry vertical-focused digital transformation, providing new research, networking, and solutions for the key verticals of banking, construction, education, healthcare, retail, and oil and gas. This is being driven by reports that the GCC’s vertical specific software market is set to nearly double from USD 756 million in 2014 to USD 1.45 billion in 2020.[1]

At the Robotics Zone, sponsored by DigiRobotics, attendees can learn how to enable robotics for the IoT era and witness the latest robotics across industry verticals.

The event’s first-ever 3D Printing area, sponsored by Jacky’s Business Solutions LLC, will showcase 3D printing across a variety of materials, and how it can impact fields such as healthcare, education, and manufacturing.

Additional new and expanded GITEX Technology Week features include the world’s largest Google CSI Lab, All Night Hackathon, Hot Stuff Awards, Student Lab, and networking platforms the Connexions Majlis, Connexions Lounge, and Connexions Online.

Co-located events include the GSMA Mobile 360 Series, the region’s leading mobile community conference, and InfoComm MEA, the Middle East and Africa’s leading audio visual technology event.

Reinforcing GITEX Technology Week’s standing as the largest ICT exhibition in the Middle East, Africa, and South Asia, and the third largest in the world, the show is expecting more than 130,000 visitors from over 150 countries, with more than 20,000 C-level executives, and more than 3,600 exhibiting brands from 62 countries.

Global interest in the event is being further driven by the growth of Future Cities initiatives, which in the UAE is being spearheaded by the Smart Dubai Initiative and UAE Vision 2021 – key drivers of the country’s digital transformation.

“Dubai is committed to becoming a global benchmark for Smart Cities of the future. We are collaborating with leading public and private organizations to meet the needs of all residents and visitors, from government to education and healthcare, through a connected and responsive citywide infrastructure. Together with our partners, we are enabling smart economic conditions driving entrepreneurship and global competitiveness that will serve as a model for emerging nations. We are continually reviewing and refining the latest technology innovations, from mobile apps to drones, to understand how we may adopt these tools to make city experiences more seamless, safe, efficient and impactful for all,” said Dr. Aisha Butti Bin Bishr, Assistant Director General of The Executive Office and SmartDubai Taskforce leader.

As a marker of the strong Middle East adoption of IoT technologies, and the rise of the four technologically-advanced Economic Cities, the Kingdom of Saudi Arabia will serve as the Official Country Partner of GITEX Technology Week 2015, represented by the Kingdom’s Ministry of Interior.

“As the Official Country Partner for GITEX Technology Week 2015, the Kingdom will use this global platform to demonstrate best practices in government-led innovation to boost economic diversification, while encouraging foreign direct investment in the Kingdom’s ICT sector and supporting home-grown technology entrepreneurs to expand beyond our borders to deliver transformative services,” said Mohammed bin Abdullah Al Asiri, Official Spokesperson, National Information Center, Ministry of Interior, Kingdom of Saudi Arabia.

SAP, as Strategic Partner, will help guide digital transformation at GITEX Technology Week with the regional debut of the Run Simple Truck and demos of Big Data analytics solutions. SAP speakers at GTX Ignite include Jonathan Becher, Chief Digital Officer, SAP, and Oliver Bierhoff, General Manager of the German National Football Team, on how SAP solutions helped the team to win the 2014 World Cup.

“In order for Middle East organizations to succeed in the Internet of Things era and remain competitive in the Digital Economy, they must embark on a complete reimaging of their business across three dimensions: Business Models, Business Processes and how to organize Work within their organization. The most pressing issue facing Middle East organizations today is business complexity, which is causing organizations to lose 10 percent of their annual profits. With the regional Digital Economy set to double to USD 30 billion by 2018; real-time analytics of data will allow companies to reduce business complexity and run simple. At GITEX Technology Week, we will showcase roadmaps to support the digital transformation and demonstrate the power of Big Data analytics for real-time insights as the immediate entry that can drive digital growth and simplify business processes, from re-imaging the boardroom to Smart Cities and connected sports,” said Hannes Liebe, COO, SAP Middle East and North Africa.

Accenture, as the event’s Exclusive Digital Transformation Partner, will deliver compelling, industry-leading insights on how digital technology and the Internet of Things is transforming businesses and governments in the region, as well as globally. It will unveil the Middle East findings of its flagship Technology Vision research program and help facilitate a ‘digital discussion’ through social media wall installations at this year’s event. Its global thought leaders will also present on the Industrial Internet of Things and Smart Cities. Paul Daughtery, Chief Technology Officer, Accenture will be among the company’s thought leaders at GTX Ignite.

“Digital transformation can boost competitiveness and economic growth, and our research shows that unlocking this potential can add trillions to the GDP of top global economies. This region’s appetite for innovation makes it uniquely positioned to take advantage of the digital opportunity and we’re delighted to be at the heart of this conversation at GITEX,” said Omar Boulos, regional managing director of Accenture in the Middle East and North Africa.

IBM returns to GITEX Technology Week as a Lead Smarter Cities Partner, under the theme “Welcome to the Cognitive Era”.  At GITEX, IBM will be sharing its industry leadership on how can companies, leaders and cities take this journey with IBM to become cognitive by capitalizing on all the work they’ve done to deploy cloud, mobile, analytics, social and security.

IBM will also focus on how cities can implement cognitive solutions to enhance its citizen services and experience such as building safer communities, providing cleaner water, more efficient transportation systems, healthier neighborhoods and smarter buildings.

 

 

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Financial

CFI Partners with Saadiyat Nights as Part of Its Collaboration with DCT Abu Dhabi

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3 days ago

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January 17, 2025

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CFI

CFI Financial Group is proud to announce its official partnership with Saadiyat Nights, as part of CFI’s strategic partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). This collaboration underscores CFI’s commitment to supporting its local community and providing its clients with unforgettable cultural and entertainment experiences in one of the world’s most dynamic destinations. 

Currently captivating audiences, the second edition of Saadiyat Nights is bringing legendary international artists, performers and fans together at the iconic open-air venue on Saadiyat Island. Running from December to February, this extraordinary series features iconic acts like Boyz II Men, Christina Aguilera, Robbie Williams, Michael Bublé, Leningrad, Ebi and Omar Khairat, with some already dazzling the stage and others eagerly awaited.

Through this collaboration, CFI will benefit from exceptional brand visibility at each event, while offering its clients premium access to performances and money-can’t-buy experiences, including exclusive Meet & Greet opportunities with some of these legendary artists.  

“Through this collaboration, CFI reinforces its brand presence and industry leadership by securing high brand visibility at each of the Saadiyat Nights events in Abu Dhabi, a key hub for culture and global connections,” said Hisham Mansour, Co-founder and Managing Director of CFI. “This partnership reflects our commitment to fostering meaningful connections, supporting cultural initiatives and providing our clients with opportunities to engage with world-class experiences that complement their journey with CFI.”

Through this partnership, CFI is proud to support Abu Dhabi’s position as a leading cultural destination in the region, while staying committed to its mission of providing traders with exceptional trading experiences and engaging with like-minded local communities.

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Hospitality

Where There Is Trade, There Is Gulfood

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3 days ago

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January 17, 2025

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Gulfood

There is only one place where the world gathers annually to witness an unparalleled F&B showcase, with products meticulously handpicked from every corner of the globe. This time, a new global chapter is unfolding in the future of food and it’s within the legacy of Gulfood that the world can anticipate a seismic impact.

The 30th edition of Gulfood, taking place at the Dubai World Trade Centre from 17 – 21 February, will host a record 5,500+ exhibitors from 129+ countries. It will unveil new business opportunities and solve new and evolving global challenges.

Celebrating 30 Editions of Informing the Global Foodscape

For over three decades, Gulfood has been the driving force at the heart of global food commerce—igniting innovation, sparking cross-cultural collaboration and redefining the next era of global F&B. As the world experiences a sweeping transformation in food systems—powered by groundbreaking technologies, sustainability breakthroughs, and forward-thinking ideas—Gulfood 2025 will be the epicentre of this revolution. This is where the next era of food begins, and you’re invited to be at the forefront.

Event date:  17 – 21 February 2025 at Dubai World Trade Centre & registration is now live.

Why Visit?

Where The World Connects for Their F&B Sourcing Success

  • 5500+ Exhibitors: Explore 100k+ new products and innovations from a vast exhibitor showcase across eight distinct sectors.
  • 129 Countries Exhibiting: Experience global diversity with the biggest lineup of participating countries.
  • 43% New Exhibitors: Get the first look at the fresh offerings from exhibitors attending the show for the first time.
  • 24 Huge Halls: Navigate 24 massive halls filled with exhibitors, country pavilions and culinary experiences.
  • 1 Million Sq. Ft Exhibition Area: Gulfood 2025 boasts one million square feet of show floor space.
  • Network And Pre-Schedule Meetings: Establish close connections with F&B industry leaders through pre-scheduled meetings via our official event app and meetings programme.

Show Sectors

Gulfood is set to showcase the latest trends and advancements in the F&B industry, spanning seven distinct sectors: Dairy, Beverage, Fats & Oils, Pulses & Grains, Meat & Poultry, Power Brands and World Food.

Anticipate exploring products spanning these sectors at Gulfood, the ultimate platform for connecting with industry leaders, discovering state-of-the-art innovations and forging valuable partnerships in the ever-evolving F&B landscape.

Features

Food500

The summit will unite global leaders to tackle key challenges, sparking discussions, and showcasing trends, featuring top CEOs, policymakers and innovators.

From talks like Visionaries: Exploring Cutting-Edge Technologies Driving Food Tech to Pioneering Smart Agricultural Systems in the F&B Sector and more, the summit aims to drive business, inspire change and fuel global economic growth.

GULFOOD DISCOVERY TOURS

Over five days, engage in curated tours that are designed to connect you directly with the products you’re most interested in sourcing. The tours focus on diverse food categories such as Gourmet, Alternative Proteins, Ready-to-Eat, and Plant-Based.  F&B professionals, buyers and sourcing experts can gain valuable insights, access exclusive products and make informed business decisions while exploring key trends influencing global F&B.

Top Table

Top Table returns with a charismatic group of local and international chefs who are reimagining the way we create and enjoy food. With a bold focus on culinary futurism, the 2025 edition will debut new techniques, inventive flavour combinations and unconventional textures that surprise and delight audiences.

YOUTHX – YOUNG CHEF CHALLENGE

Witness a high-energy culinary competition between young hotel chefs from around the world. They will compete for a career-defining internship at some of the top restaurants and culinary schools in Europe. Gulfood’s YouthX brings together emerging culinary talent from diverse cultures, offering a global platform that unites chefs through healthy competition. They’ll be judged on futuristic techniques that set the event apart from previous editions, showcasing the next generation of global culinary leaders.

BLEND STUDIO
Celebrate the artistry of beverages with immersive masterclasses that showcase the latest trends and exclusive, never-seen-before creations crafted by industry experts. Explore the world of coffee and the trendiest crafted drinks while seizing opportunities to connect and learn from leading beverage professionals.

THE CULINARY DEBATE
Watch as global culinary icons debate the industry’s most critical challenges and exciting opportunities in the world of food. You’ll be captivated as they offer fresh perspectives on the rapidly evolving industry landscape.

THE TASTING ROOM
Experience the latest culinary creations from top brands and network with business leaders in the F&B industry. Whether you’re looking for the market’s most exciting products, new partnerships or upcoming trends, this is where opportunities come to life.

DUBAI WORLD CUISINE
Experience an exclusive four-hands dinner series that brings together celebrated international chefs and homegrown culinary talent. These unique collaborations offer a one-of-a-kind opportunity to savour bespoke menus, where local flavours and global expertise converge to create exceptional dining experiences.

GULFOOD AFTER HOURS
Explore Dubai’s vibrant food scene with Gulfood After Hours. We’ve teamed up with the city’s most iconic restaurants to give you an unforgettable culinary adventure. From casual eateries to fine dining, you’ll experience the very best Dubai has to offer, outside of the exhibition halls. Simply book, show your ticket, and enjoy exclusive offers at venues across the city.

INNOVATION AWARDS

The Gulfood Innovation Awards will celebrate brands setting a new standard for excellence in F&B. Recognising forward-thinking products that demonstrate creativity, ingenuity and impact, these prestigious awards highlight the best in the F&B industry across 10 categories.

Register today.

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Financial

MultiBank Group Secures Court Victory as Judge Declares Von Der Heydt Claims as “Fictitious” and “Untenable”

Published

3 days ago

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January 17, 2025

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MultiBank Group

MultiBank Group has achieved a significant courtroom victory in the Eastern Caribbean Supreme Court against Von Der Heydt Invest S.A. (VDH), a Von Der Heydt Group subsidiary, which had brought claims against MultiBank FX International Corporation (MBFX), a MultiBank Group entity, and its founder, Naser Taher.

The court described the allegations brought by VDH as ‘fictitious’ and ‘untenable’, labelling VDH’s pursuit of these matters as an “abuse of process.” The court ordered VDH to cover over USD$25 million in legal costs incurred by Mr. Taher and MBFX. 

The Honorable Justice Gerhard Wallbank’s decision rejected VDH’s claims and confirmed MultiBank Group’s adherence to transparency and integrity. Naser Taher, Founder and Chairman of MultiBank Group said: ‘The accusations levied against us by Von Der Heydt have always been unfounded, and this ruling is a testament to our strong adherence to the principles of fairness and lawful conduct.’

The court confirmed that the legal campaign by VDH and its affiliates over the past four years consisted of coordinated and unfounded allegations targeting MultiBank Group. The judgment also highlighted a “conspiratorial network” involving multiple parties.

A previous ruling by the court made in early 2024 compared the relationship between the Von Der Heydt Group, to the Bernie Madoff ponzi scheme.

This decision marks an end to VDH’s pursuit of claims against the MultiBank Group and runs parallel to the financial group’s broader collapse. Von Der Heydt Bank, a 250-year-old institution and VDH’s parent company, has surrendered its banking license and ceased to exist after being placed in liquidation by its founder Dietrich Von Boetticher. The court further commented on the plight of German noteholders allegedly represented by VDH, attributing their difficulties to mismanagement at the hands of the Von Der Heydt leadership.

A prior ruling by the London High Court found Colm Smith, CEO of CSM Securities, and his company in contempt of court for not adhering to a worldwide freezing order (WFO) obtained by MultiBank Group. This contempt stems from Smith’s failure to disclose assets related to a legal dispute involving Van Der Heydt Invest SA (VDHI), where significant losses were linked to investments in notes associated with the Multibank Index. His actions have raised the possibility of imprisonment as the court continues to address allegations of unlawful collusion against MultiBank Group, which are unfolding in various European courts.

MultiBank Group’s victory in the Eastern Caribbean Supreme Court further solidifies its position as a trusted leader in the financial derivatives market, operating under the oversight of 16 regulators across five continents and serving over one million clients worldwide. Naser Taher added: ‘We are delighted that the judiciary has recognised the baseless nature of these accusations and affirmed our global reputation for integrity and operational excellence. We remain steadfast in delivering the highest standards of financial services to our clients.’

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