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IDC Alliance Event Is Set To Bring Together ICT Leaders

The theme of the IDC Alliance event for this year is “BUILD,” and it revolves around several building blocks for attainable future growth.

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idc alliance event is set to bring together ict leaders

The Information and Communication Technologies (ICT) sector is driving innovation across the rest of the economic sectors, providing innovative solutions to real-life problems. This innovation is almost always made possible by mutually beneficial partnerships that allow for effective collaboration and quicker identification of opportunities.

International Data Corporation (IDC) is set to bring together ICT leaders from the MEA region at the IDC Alliance flagship event to provide them with unparalleled opportunities to foster solid partner ecosystems and discuss the latest channel and alliance trends.

“Today, technology providers and vendors are presented with a golden opportunity to gain a competitive edge and address the vastly changed needs and demands of customers in a timely and cost-effective manner by seeking out technology and managed services partners,” explains IDC.

The theme of the IDC Alliance event for this year is “BUILD,” and it revolves around the following building blocks for attainable future growth:

  • BUILD a sustainable base of new customers.
  • BUILD a viable marketing strategy.
  • BUILD a long-lasting unique IP.
  • BUILD stronger internal practices.
  • BUILD a deeper support ecosystem.

“As partners hunt for new customers, strive for increased brand awareness, and realize the need to differentiate, a series of BUILD presentations will unlock many of the most common challenges,” adds IDC.

The event will take place from November 8 to November 10 at the InterContinental Resort Fujairah, UAE, a beachfront property located on the shoreline of the Al Aqah beach and beneath the Hajjar mountains.

After check in, the entire first day of the event will be dedicated to an icebreaker dinner on the beach where shorts and flip-flops are welcome. The second day will start with a quick catch-up and continue with a series of keynote presentations, panel discussions, and more informal networking opportunities. A similar program is also planned for the third day, which ends at 15:00 with a sign-up opportunity for the next IDC Alliance event.

If you would like to attend the event, then you can register on its website. Networkers are required to pay a registration fee of $1,500 USD, which covers all accommodation, conferencing, meals, and activities for the duration of the entire event.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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