News
Linksys unveils Velop in the region
Linksys, the home router pioneer and first to sell 100 million routers globally, announced the introduction of Velop, its premier Whole Home Wi-Fi product in the Middle East.
Whole Wi-Fi Mesh systems will drive growth and dominate the networking market. According to research conducted by Linksys, Whole Home Wi-Fi Modular Mesh systems are set to grow to 20 percent of the Wi-Fi market by 2018. Linksys projects a 7 percent growth in the wireless networking market
“This is why I purchased Linksys in 2013. I had a vision of solving a huge problem in almost everyone’s life- slow and unreliable Wi-Fi”, said, Chet Pipkin, Founder and CEO of Belkin International. “Linksys has always been pioneers in home networking and I knew this was the team that could innovate and deliver the ultimate Wi-Fi experience. Velop is a union of performance, design, and ease-of-use and provides what everyone wants – seamless, reliable Wi-Fi. Linksys has set the bar for true mesh networking systems.”
Velop is the first Tri-Band modular Wi-Fi system that can be installed in various mesh configurations providing fast and reliable Wi-Fi to the edge of a home network. Velop is designed for performance as well as elegance; it’s small enough to be placed anywhere with a clean and attractive look that appeals to everyone.
Each Velop “node” is a powerful Tri-Band AC2200 device that serves as router, range extender, access point, and bridge which provides users the future proof technology they need as they bring new and more devices into the home. Each node is configured during setup by the accompanying Linksys app (available for iOS and Android), which provides the industry’s simplest and most intuitive setup leveraging Bluetooth to securely communicate between the mobile device and each node.
After setup is complete, the Linksys app serves as a powerful Wi-Fi management tool with useful features, such as guest access, parental controls, device prioritization, and more. Velop helps users get the most out of their broadband subscription by delivering 100% of their Internet speed to the edge of their network. Velop is available in 3-pack, 2-pack and 1-pack options. Linksys is launching Velop in the Middle East with retail, ecommerce, and service provider partners, including du, STC, Sharaf DG, Virgin, Carrefour, Emax, amongst others.
Linksys is the first to combine the technical benefits of three Wi-Fi radios with true mesh capabilities to provide 100% of broadband Internet speeds to the edge of the network. With traditional router and range extender combinations or dual-band modular mesh systems, the Wi-Fi speed is cut in half with each “hop” from one access point to the next. At Linksys we call this the “bottlenecking effect.” This results in users receiving only a fraction of their broadband Internet speed at the edge of the network.
“If you are paying for 100 Mbps from your Internet service provider, then you want to get all that speed in every corner of your house”, said Justin Doucette, senior director of product management at Linksys.
Velop uses the three radios dynamically to determine the optimal path from the modem and “parent” node to each “child” node to ensure the fastest speeds to all client devices, regardless of which node they are connected to. Dynamic channel scanning algorithms evaluate the unique conditions of the wireless environment to select the best band (either 2.4 GHz or one of the two 5 GHz radios on-board) as well as the channels within each of the bands to improve performance between nodes and client devices. Other Tri-Band modular systems cannot operate in multiple mesh configurations without introducing the bottlenecking effect due to their static “back haul,” where a single radio is defined for inter-node communication, limiting their mesh capabilities. Velop can operate in a number of different mesh topologies and leverage all three radios for inter-node and client communication. Velop can also use an Ethernet connection for inter-node communication to allow all three radios to communicate with clients and help Wi-Fi reach distant locations, such as the basement or the garage. The union of dynamic Tri-Band technology and true mesh configuration makes Velop the only modular Whole Home Wi-Fi system to provide 100% speed at the edge of the network.
Velop, a 2017 CES Innovation Award Honoree, and one of the eleven finalists for the 2017 CES Last Gadget Standing, is a combination of multiple nodes, each exactly the same for simplicity and flexibility. Each node is a small tower standing just seven inches in height. The footprint of each node is 88% smaller than the average router and the soft white color palette creates an attractive device that people will be happy to place on book shelves or countertops to help improve Wi-Fi performance. The vertical orientation also has performance benefits: the six antennas are placed at the top and middle of the unit, some pushing signal up and down and others pushing signal left and right. This improves Velop Wi-Fi performance in both single story and multi-story homes. To eliminate cable clutter, the base of the design features a cavity where power and Ethernet ports are hidden and a small notch with rubber tabs to organize cables in a clean and tidy manner. The result is an elegant and home-friendly device that can live in any environment or décor.
The Linksys app (formally known as the Linksys Smart Wi-Fi app) is completely redesigned and includes an innovative app-led setup process for Velop. The entire setup flow happens within the app and uses Bluetooth to securely communicate between the mobile device and the nodes. This resolves a critical issue in the installation of a new Wi-Fi network: when the user customizes the network name to their liking the app maintains a connection to Velop and does not force the user to exit the app and change Wi-Fi settings on the mobile device. The app presents animated visuals and thoughtful troubleshooting instructions to guide even the most novice Wi-Fi user through the uninstallation of current networking hardware and effortless installation of the parent node, which connects to the ISP modem or gateway, then subsequent child nodes, to create a seamless and reliable Wi-Fi network.
After a successful setup, users will be automatically directed to the main dashboard of the Linksys app where they can confirm connection to the Internet and see how many devices are currently connected to Velop. The dashboard also provides quick access to their Wi-Fi name and password, guest access, parental controls, and device prioritization. The user can quickly email or text their guest network name and password to a friend, block the Xbox during homework time, or prioritize the Smart TV for movie night. The Linksys app is the single iOS and Android app for all Linksys app-enabled products including Max-Stream™ and Velop. The app is smart and versatile; it knows which Linksys hardware is present and provides access to the unique software features of that device.
Linksys is also announcing that Velop works with Amazon Alexa for a voice-activated experience. Three new skills will be available at launch including turning guest access on and off, obtaining the guest Wi-Fi name and password, and getting the main network credentials, which are commonly forgotten.
Velop uses a highly integrated System on a Chip from Qualcomm, the first of its kind that incorporates a 716 MHz quad-core ARM Cortex-A7 processor, three Wi-Fi radios (one 2.4 GHz and two 5.0 GHz) and two auto sensing LAN/WAN Gigabit ports. This is complemented by 4GB of flash memory, 512MB DDR3 memory and a Bluetooth 4.0/LE radio. Velop contains six antennas and high power amplifiers.
Each Velop node is a Tri-Band AC 2×2 802.11ac Wave 2 with MU-MIMO radio configuration with combined speed up to 2200 Mbps. This technical design provides faster speeds at the edge of the network by using algorithms to achieve optimal path calculations. This eliminates the bottlenecking effort that is present with traditional router and range extender combinations as well as dual-band modular Wi-Fi systems.
Each node is built to connect with each other over Wi-Fi or wired Ethernet if present. They auto configure to connect in multiple different mesh topologies. The nodes have the ability to choose the best path to route data between a client and the Internet. In the event any node loses connection to another node, the remaining nodes will self-heal and re-establish Internet connection through other nodes in the network.
Velop will dynamically scan the available channels and select the best combination of bands and channels to optimize performance at the time of setup or whenever the user chooses. The Linksys app has a channel finder feature with will automatically find the best channels on demand and resolve congestion and interference issues that can created by competing Wi-Fi signals.
The new Linksys app (formally known as the Linksys Smart Wi-Fi app) automatically identifies the nodes to be setup using Bluetooth and creates a secure connection between the mobile device and each node. The app guides users through the installation process using visual animations where needed to clearly explain each step, including the uninstallation of current networking hardware.
During setup, Velop will recommend the best placement to reduce latency, maximize throughput and improve range and signal strength.
Financial
CFI Partners with Saadiyat Nights as Part of Its Collaboration with DCT Abu Dhabi
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.
Hospitality
Where There Is Trade, There Is 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
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.
Financial
MultiBank Group Secures Court Victory as Judge Declares Von Der Heydt Claims as “Fictitious” and “Untenable”
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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