News

Dubai-Based Angel Investor Fuels Growth For GameCentric

The platform aims to triple its user base across the MENA region, a market projected to reach 88 million gamers by 2026.

Published

9 months ago

February 23, 2024

Joanna Melki

dubai-based angel investor fuels growth for gamecentric

GameCentric, a leading gaming platform in the MENA region, has secured a substantial USD 1.5 million (AED 6 million) investment from a Dubai-based Angel Investor, Bilal Merchant. The platform went live on December 1st, 2023, immediately following the funding round.

The infusion of capital strategically positions GameCentric to expand its platform and features beyond the GCC & MENA region, promising to redefine the gaming landscape for players worldwide.

Saad Khan, CEO of GameCentric, emphasized, “Crafting a robust vision for our platform, supported by a sound business model and a seasoned management team, resonated with the angel investor, like Bilal Merchant, who recognized the immense potential within GameCentric, which drove his decision to invest. Our aspiration is not just to be a gaming platform but a cultural phenomenon transcending borders. Collaboration with industry leaders, community-driven programs and an unwavering commitment to having the best user experience drives our future initiatives”.

GameCentric plans to integrate cutting-edge technologies to stay competitive and offer compelling propositions for brands and game publishers. By 2025, the company aims to become a web3 native platform, introducing digital assets such as cryptocurrencies.

Also Read: Top 10 Best Video Games Set In The Middle East

Supporting its ambitious expansion plans, GameCentric has gathered support from industry heavyweights, including LIV, the UAE’s first digital bank powered by Emirates NBD, and Saudi eSports organization POWReSports.

The platform is now poised for aggressive growth and market expansion over the next two years. The company aims to triple its user base across the MENA region and double its array of game titles, catering to both web2 and web3 genres. This initiative not only enhances the gaming experience but also offers innovative customer engagement opportunities for brands.

News

1,000 Drones Light The Dubai Sky For AC Milan Celebration

Cyberdrone’s groundbreaking display marked 125 years of AC Milan football club and the 1st-year anniversary of Casa Milan Dubai.

Published

23 hours ago

November 21, 2024

Nour Nasir

Cyberdrone, a leading UAV display company based in Dubai, put on a breathtaking drone light show on Monday to honor two significant football milestones: AC Milan’s 125th anniversary and the one-year anniversary of Casa Milan Dubai.

The spectacle involved 1,000 drones working in perfect harmony to project AC Milan’s iconic imagery against the city’s night sky. Highlights included the UAVs synchronizing to form the club’s iconic crest, the signature red and black jersey, and a special emblem marking its 125th year. The intricate performance demanded meticulous planning, not just in terms of choreography, but also in dealing with the necessary permits and logistics.

cyberdrone ac milan dubai

“Our goal was to spotlight AC Milan’s legacy through a stunning visual narrative,” explained Mohamed Munjed Abdulla, Director of Sales at Cyberdrone. “We celebrated the club’s history, its Dubai milestone, and the universal love for football. The show also enhanced AC Milan’s regional presence, growing its fanbase through a cutting-edge, memorable experience. Drone shows are unparalleled in leaving lasting impressions, making them perfect for driving partnerships and growth”.

Also Read: Joby Begins Construction Of Dubai’s First Vertiport For Air Taxis

Greta Nardeschi, AC Milan’s Regional Director for MENA, echoed the sentiment, adding: “Collaborating with Cyberdrone for this 1,000-drone performance allowed us to connect with our fans in innovative ways. It gave us a unique opportunity to surprise and inspire audiences while elevating our Club’s visibility and that of our partners. Cyberdrone truly helped us take AC Milan to new heights”.

This groundbreaking drone display sets a new benchmark for the Middle East’s sports sector, which already contributes around $2.4 billion annually to Dubai’s GDP alone. Sporting events also generate $1.76 billion in revenues across the region, while the MENA’s entertainment sector, valued at $41.13 billion, is growing at 9.41% annually, driven by rapid technological advancements.