Intelligent CXO Issue 11 | Page 9

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Al Khayyat Investments redefines retail experience with Dell Technologies

Al Khayyat Investments ( AKI ), a UAE-based conglomerate , has selected Dell Technologies to support its ambitious growth vision and boost its Digital Transformation drive .

A family-owned business , founded in 1982 , AKI has earnings of over US $ 1 billion ( excluding strategic investments ) and 5000 employees . With close to 40 years of regional expertise , AKI ’ s eight autonomous business operations cover pharmaceuticals , consumer , retail , hospitality , fitness , landscaping , environmental services , automotive and strategic investments . it also means that the amount of data gathered by businesses keeps growing at an alarming rate . It is , therefore , important to make sure all the data is being used efficiently and not contributing towards a data silo problem .
In today ’ s hyperconnected retail space , as customers look to brands to deliver exceptional service , AKI ’ s customer-focused offerings continue to make a mark in the region ’ s retail sector . The company has plans to build on this success by incorporating digital-led solutions to transform customer experience across all retail touchpoints .
This offering has become increasingly crucial as customers now expect a second-to-none , seamless experience between a brand ’ s in-store and online retail channels . Additionally , while customer data can help brands create an omnichannel experience that allows consumers to interact across all channels and devices ,

Visa Everywhere Initiative 2022 invites FinTech and payment start-ups in UAE

The Visa Everywhere Initiative ( VEI ), a global open innovation programme is inviting FinTech and payment start-ups in UAE to showcase their innovative products and solutions , with finalists gaining firsthand exposure to key FinTech stakeholders across banking , merchant , VC and government sectors . Winners of the competition will be awarded monetary prizes and the opportunity to partner with a global , trusted brand , like Visa .

This year ’ s programme has expanded to include start-ups that are using cryptocurrency and Visa Direct , a payment solution that can help businesses move money to billions of endpoints worldwide via card and account rails , in innovative ways . Finalists from across the world that are driving economic growth – including one from CEMEA – will converge for the global VEI finale in Qatar this November 2022 where up to US $ 170,000 in total prize money will be awarded .
“ FinTechs and other payments innovators are transforming the way consumers and businesses make payments , making it easier for more people to access the money they need when they need it – and the pandemic has seen this become more critical than ever ,” said Shahebaz Khan , Visa ’ s General Manager for UAE , Bahrain , and Oman . “ Supporting companies who are building solutions that power seamless money movement everywhere is a top priority for Visa . We are delighted to be bringing Visa Everywhere Initiative to UAE and I look forward to seeing the many brilliant ideas this year .”
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