Page 77 - SAMENA Trends - September 2019
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REGIONAL & MEMBERS UPDATES SAMENA TRENDS
Dubai is Silicon Valley of Middle East: Sheikh Mohammed bin Rashid Al
Maktoum
His Highness Sheikh Mohammed bin
Rashid Al Maktoum, Vice President and
Prime Minister of UAE and Ruler of Dubai,
met Founder and CEO Divyank Turakhia
whose ad-tech company, Media.net based
in Dubai Internet City, was sold for over
Dh3.3 billion. Sheikh Mohammed said,
“Dubai has become the ‘Silicon Valley’
of the Middle East.” He added, “We are
witnessing the prominent role of Dubai
Internet City in creating new economies
and nurturing global entrepreneurs.”
Dubai has witnessed similar multi-billion
tech deals including the Dh11-billion
acquisition of the Dubai-based Careem
by Uber and Souq.com that was earlier
acquired by Amazon for over Dh2 billion.
The Ruler reaffirmed that Dubai will remain
an incubator for talent and an ideal hub for
tech entrepreneurs.
Egypt Hosts Shared Services and Outsourcing Forum
Egypt, represented by the Information Technology Industry
Development Agency (ITIDA), in cooperation with the Shared
Services and Outsourcing Network (SSON) hosted the Shared
Services and Outsourcing Forum Middle East 2019, on September
3-4, under the patronage of the Minister of Communications and
Information Technology Amr Talaat. Egypt’s hosting of the Forum
comes in line with the vision of the Ministry of Communications
and Information Technology (MCIT) to reinforce Egypt’s position
as a hub for shared services and outsourcing in various IT areas.
The Forum discussed a number of topics of interest to decision
makers, including corporates and international organizations.
This includes discussing the best practices and key elements
of successful strategies for choosing centers and locations for
providing shared services. In addition, the Forum delved into
common mistakes of international organizations and private
institutions in choosing service providers, how to develop and
benefit from successful business models. The Forum serves services, and maintains the growth of these services, especially
as a special platform for experts and industry leaders to meet trans boundary services. Companies including Teleperformance
and discuss the future of shared services and modern digital Egypt, Xceed, Raya, and BDO Esnad participated as partners of
business models for managing outsourcing services. It is also the Forum, and Deloitte as the consulting partner. SSON is the
a great opportunity to present the development achieved in world’s largest community of shared services and outsourcing
Egypt, especially the transformation from a mere location for professionals, with more than 140,000 members specializing in
providing classic outsourcing services to an international hub shared services and outsourcing. For the past 25 years, SSON
for high-quality value-added services. SSON has recently issued has been providing consultation and facilitating communication
a report, presenting Egypt’s competitive potentials, including its for exchanging knowledge and expertise needed to succeed,
unique geographical location, the abundance of skilled personnel, through organizing leading events and providing digital content
competitive business costs, and its growing ICT sector, placing such as reports, surveys, interviews, editorial, research papers,
Egypt in a privileged position for providing high value-added infographics and data analytics.
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