The nation has been in turmoil since the governing Georgian Dream party claimed victory in contested October parliamentary elections
europe4 hours ago
The CIS Group has announced the opening of its facilities for its distribution business arm, Hiperdist, in Dubai.
The new wholly owned premises are located at Boulevard Plaza Tower - 1 in Emaar Square in Downtown Dubai and are now fully operational. Hiperdist is a technology distributor and solution provider spanning multiple markets and application segments. The company began operations in the UAE in 2014.
"Hiperdist has been an established player in Africa and commands nearly 35 per cent of our business. The company is now positioning strongly in the Middle East, especially the UAE market. We have made a significant investment in our new owned facility in Dubai that has been designed to facilitate and leverage this growth and expansion for the company while providing greater support to our global network with a broader geographic coverage in the MEA region. It is definitely one of the fastest growing markets in the world and will continue to evolve. We are targeting a growth of 15 per cent per year in these new markets," said Dr. Antoine Kareh, the Group CEO.
"Cloud has surfaced as one of the biggest challenges for our industry and the complexity reaches an all-time high due to new business models, platform integrations and automation. At Hiperdist we are fully equipped to meet market requirements as new technologies evolve," he said.
Santosh Sansare, GM of Hiperdist, stated: "Since the beginning we have enjoyed exceptional success at Hiperdist UAE, registering an average growth of 25 per cent per year. Our latest facility in Emaar Square gives us a definite competitive edge and will allow us to meet the demands of the new technologies while accelerating our planned expansion. We are witnessing excellent growth driven by innovation across all our main markets. Looking ahead, there is going to be more rapid development of innovative solutions globally and more sophisticated end-users to drive superior results. Therefore, inventive technology is at the heart of our multi-faceted business approach."
- business@khaleejtimes.com
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