Omar Sultan Al Olama, the UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, has explained that the adoption of advanced technologies is a top priority for the region, as the Emirates continues to push forward with its vision of an advanced digital economy through innovation. Although there are many challenges to overcome, the UAE is making incredible progress across multiple scientific and technological sectors, and has embraced a future-centric approach to developing and overhauling its economy.
Omar Sultan Al Olama recently visited the Industrial Innovation Group (IIG), a leading security printing, biometric and global systems innovator, headquartered in Sharjah. The Minister’s mission was to explore the group’s scientific research lab, uncover new trends in advanced technology, and discuss potential collaboration opportunities.
The Minister of State for all things digital noted that when it comes to technology, the most innovative and forward-thinking tools must be deployed to ensure safety, quality, and reliability. Omar Sultan Al Olama praised the Industrial Innovation Group for its success in building a sizable operational base, with 263 centers for passports around the globe and 367 centers for licenses. In addition, the IIG group’s 400 intellectual property assets will help the UAE to lead in security documents and technology solutions worldwide.
The Industrial Innovation Group is the first group in the MENA region to establish real industrial production and implement system integration. IIG is the only company in the field of production of identification documents and security printing worldwide that does not depend on third-party technologies in its activities.
Yalla!Hub Forms New Partnership With WEE Marketplace
The collaboration will accelerate e-commerce digitalization and allow for speedy deliveries across the Gulf countries.
After raising $6 million to expand into Saudi Arabia and Qatar, Yalla!Hub is now set to collaborate with WEE to facilitate the sale of products through both YallaMarket and the WEE marketplace. The companies plan to enhance the GCC e-commerce market using a range of innovative solutions for sales and delivery, presenting new opportunities for Emirati-based and foreign suppliers.
“This collaboration with WEE Marketplace signifies a major step forward in our mission to revolutionize e-commerce through digitalization in the UAE and GCC, making market entry and operations smoother both for customers and businesses. With this partnership, we’re able to extend the reach of brands to a wider audience,” explained Leo Dovbenko, CEO of Yalla!Hub.
Meanwhile, new partner WEE is uniquely positioned in the UAE and already well known for fast delivery services. The company’s WEE Marketplace will soon feature goods from Yalla!Hub on their platform, empowering Dubai shoppers with 1-hour delivery windows and a next-day service across the rest of the Emirates.
“WEE Marketplace and Yalla!Hub are absolute leaders of the UAE fast e-commerce market, and this partnership opens new horizons for brands, allowing them to enter at once both platforms. We choose the brands very carefully, aiming to give the best products to our customers,” said Anastasia Kim, CEO and co-founder of WEE marketplace.
The Emirati e-commerce market has now reached a value of nearly $13 billion and is expected to grow to $20 billion by 2027. Express deliveries account for 5.5% of total merchandise turnover, which currently stands at around $700 million. Among the express delivery categories, cosmetics, pharmaceuticals, flowers, and groceries lead the way.