Omnichannel key to success for retailers in the Gulf region’s US$308 billion retail industry

Online retailing has changed the consumer behaviour who wants goods delivered to their doorsteps as they wish. From retailing to e-tailing, the efficiency of omnichannel will determine the success and failure of retail Nowadays, everything we want, we can get at our fingertips, whether it’s a pencil, a car or a house. Times have changed and it has changed the shopping experience of customers across the globe. We no longer need to visit a shop or a market; our devices are the new market for us. We have got more…

NNTC and Smart Engines help to implement Digital User Onboarding at Oman Arab Bank

NNTC and Smart Engines help to implement Digital User Onboarding

Clients’ onboarding time reduction can save banks of the world billions of dollars; AI-driven NNTC’s iFalcon KYC Control module with Smart Engines’ ID document scanning software allows quick, safe and straightforward onboarding in under five minutes.  NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines’s identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector. NNTC’s AI-powered module, iFalcon KYC Control, facilitates swift, frictionless and secure digital customer onboarding. Any Omani…

Inscape Education Management, a Multi-Disciplinary Creativity and Design Institution

, Offers UAE Residents Industry-Developed Design Courses Develop Professional-Grade Skills Within Graphic, Fashion, or Interior Design with Inscape’s Online & Offline Accredited and Skills Training Learning Programs 19th October 2020, Dubai, United Arab Emirates—Become an expert in the world of design with Dubai’s latest education group, Inscape Education Management. Situated in the Dubai Design District, a design hub which hosts several annual fashion and design festivals and is home to a multitude of creative houses, Inscape is a design training institute specialising in skills training within the design, creative, and commercial…

ABU DHABI COMMERCIAL BANK PJSC REPORTS Q1’20 NET PROFIT OF AED 209 MILLION

Operating profit, excluding integration costs, increased 8% to AED 2.293 billion Underlying net profit of AED 1.281 billion, excluding impairment charges on NMC Health Group, Finablr and associated companies   Abu Dhabi, 07 May 2020 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results[1] for the first quarter of 2020 (“Q1’20”). Strong pre-provisioning operating performance, with an 8% increase in operating profit excluding integration costs driven by higher revenues and merger synergies. Net profit was lower on account of impairment charges on the corporate…

Standard & Poor’s Reaffirms IGI’s A- Rating With Stable Outlook

LONDON–(BUSINESS WIRE/AETOSWire)– Standard & Poor’s (S&P) Global Ratings has confirmed the financial strength rating of A- with a stable outlook for International General Insurance (IGI), the global specialist commercial insurer and reinsurer. IGI also had its long-term issuer credit rating of A- reaffirmed by S&P. Both ratings remain unchanged from 2018. “We are delighted to have our A-/Stable rating confirmed,” said Wasef Jabsheh, Vice Chairman and Chief Executive Officer at IGI. “IGI works hard to maintain a truly global company, with strong results, excellent management and sensible underwriting, matched with…

Cepton Names Bob Brown as Chief Financial Officer

Thirty-year industry veteran will lead Cepton’s financial operations globally SAN JOSE, Calif.– (BUSINESS WIRE/AETOSWire)-– Cepton Technologies, Inc., a provider of 3D LiDAR solutions for automotive, IoT, industrial, security and mapping applications, today announced the appointment of Bob Brown as Chief Financial Officer (CFO). Reporting to Dr. Jun Pei, Cepton’s co-founder and CEO, Brown will be responsible for managing all financial operations within the organization, and driving the company’s continued leadership in the LiDAR industry. Said Jun Pei, co-founder and CEO of Cepton Technologies: “Bob Brown is a pillar in the…