Press Releases
LucidPay to launch Tezos-based Stablecoin for hospitality industry
LucidPay, a leading payment provider for the hospitality industry, plans to launch a stablecoin for frictionless, global payments The Tezos-based stablecoin will reduce transaction costs and enable 24/7 settlement LucidPay announced plans to launch a stablecoin for...
TiE Confers Global Entrepreneur of the Year Award on Mr. Kumar Mangalam Birla, Chairman Aditya Birla Group at a special ceremony during TiE Global Summit in Dubai
Special recognition for global entrepreneurship was awarded to Satya Nadella, Elon Musk, and Jeff Bezos Silicon Valley-based The Indus Entrepreneurs (TiE) conferred the Global Entrepreneur of the Year Award- Business Transformation on Mr Kumar Mangalam Birla, Chairman...
TiE Dubai to host the world’s largest entrepreneurial Summit in December
TiE’s largest ever Global Summit (TGS2021) will open its doors to more than 3,000 entrepreneurs, investors, VC’s, start-ups, world leaders, and TiE Charter Members from all across the world for the first time in the UAE on 15-16 December 2021 during Expo 2020. In...
Mega Events in the Middle East Accelerate Restaurant Industry Growth: PRIME Middle East Report
The Middle East has established itself as a gastronomic hub with some of the best restaurant concepts in the world and well-known international chefs. The industry has recalibrated itself post-COVID-19, restaurateurs are emerging stronger with sustainable &...
INABLR plans to launch World’s Premier FinTech Platform on Tezos
INABLR FZCO, a wealthtech/fintech start-up, today announced its plans to launch the World’s premier blockchain-based digital investment platform that will allow clients to invest and directly own fractional units of secondary market traded bonds and Sukuk offered by...
POSist expands its cloud-based restaurant platform for F&B Industry
70% of otherwise dine-in players explore investing in cloud kitchen in the UAE suggests POSist Restaurant Industry & Market Evolution Report (PRIME) Report In the last six months, 40% of global customer inquiries for POSist were for Cloud Kitchen Management...
POSist And Deliverect integrate to empower restaurants and cloud kitchens
POSist’s customers across the Middle East can seamlessly sync various food aggregators, such as Deliveroo, Talabat, Zomato, Careem, Hungerstation, among others on Deliverect’s gateway cloud-based solution.
Food Quest taps POSist to achieve operational excellence
COVID-19 has changed the functional and operational outlook of the restaurant industry. Today, restaurant operators and franchisees are looking at data-backed insights to build efficient operations. From personalized marketing, menu designing to smart kitchen tech,...
Out of the Box first to install Massivit 3D Printer in the UAE to expand large-scale 3D printing capabilities
Out of the Box LLC, a Dubai-based company focused on creating 3D printed activations has just installed the first Massivit 1800 large-scale 3D printer in the UAE. The Massivit 1800 3D printer is the first of its kind to produce large, custom parts, prototypes, and...
Bevarabia adds technology to brew up efficiency with POSist
Though the foodservice space was impacted due to the impact of the pandemic, retail sales continued to record healthy growth in the Middle East. Not only were foodservice consumption occasions moving into people’s homes, but coffee drinking at home also benefited from...
POSist sees growth rebounding in the Gulf in 2021
The Gulf Cooperation Council (GCC) countries are experiencing fast recovery, aided by the rapid roll-out of vaccination together with the pent-up demand, as a season of vigorous recovery in travel, tourism, and the hospitality sector is awaiting in the second half of...
4SiGHT and Anavizio join forces to leverage potential of social media for market research
4SiGHT Group – the Middle East’s fastest-growing marketing insights company – has teamed up with Dubai-based analytics and technology consultancy Anavizio to collaborate on tapping the potential of social media intelligence as a key consumer insight and market...