The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia9 hours ago
Futech operates in verticals such as banking and finance including Islamic banking. The company has several horizontal business offerings covering areas such as data warehousing, data cleansing and IT modernisation. The Group will use Futech's expertise in the business IT advisory space to provide customers with a comprehensive range of business solutions. The acquisition is seen as a catalyst in the acceleration of Al Futtaim Group's leading position in enterprise IT.
Vishesh Bhatia, Group Director (Electronics, Engineering & Technologies), Al Futtaim Group said: "The combination of strengths inherent in the two entities represents an enormous opportunity for users and organisations of all sizes seeking innovation, growth and choice. It also creates a company with substantial scale and resources to deliver industry leading products and services that address the rapidly expanding business optimisation market.
"There are very few specialised boutique companies around who have an impressive list of deliverables and satisfied clients. We will now be able to accelerate investments, meet a wider set of customer needs through a richer solution set resulting in a significantly better opportunity to grow into new markets. This broadens our product portfolio, enabling us to deliver end-to-end business IT solutions across all sectors," he added.
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia9 hours ago
Dubai Police have asked drivers to be extra cautious
transport10 hours ago
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
cricket10 hours ago
Dubai Police have asked drivers to be extra cautious
emergencies11 hours ago
The country has set a new Guinness World Record by creating the largest falcon hood, beating the previous record of 1.65 metres
uae11 hours ago
Hamas' health ministry said that 94,616 people have been wounded since the conflict began on October 7
mena12 hours ago
In most Islamic countries, including the Gulf countries, the Prophet's birthday is observed on 12 Rabi’ Al-Awwal 1444
uae holidays13 hours ago
Traffic will be diverted to the opposite side during this period
transport13 hours ago