GITEX Global 2024 and its world-class tech ecosystem: Impact on strategic sectors and economic growth

1. GITEX Global 2024 will showcase tech solutions designed to amplify digital transformation in Dubai.
2. The tech exhibition will help improve strategic sectors and consequently create opportunities for international and Dubai SMEs.
3. By attracting entrepreneurs and investors from all over the world, GITEX paves the way for efficient business setup in Dubai.

GITEX Global 2024 has been clear on its mission to change the game for strategic industries in the UAE and throughout the MENASA region. The show’s nine co-located tech ecosystems serve as a powerful platform for innovation, bringing together cutting-edge solutions with emerging market needs. It convenes the world’s top executives from across diverse and high-performing sectors such as tourism, health, finance, and hospitality.

Seed Group’s strategic partners, such as Binderr, DKK Partners, and ONDA, are scheduled to take part in this global tech show. As a corporate institution that facilitates market entry and business setup in Dubai, Seed Group performs a crucial function within this narrative. Its prominence in the business world highlights its excellence in helping advance the digital transformation in Dubai.

This article is the second in a series that seeks to navigate the ins and outs of GITEX Global 2024. This particular piece will concentrate on the industries projected to flourish through the event as well as its overarching economic significance.

How will GITEX drive innovation in Dubai?

GITEX Global’s tech ecosystem serves as a bridge for international industries to access disruptive technologies. Hence, it fuels innovation in Dubai and provides sectors with tools to scale through collaborative efforts across different fields. The nine co-located shows, including Expand North Star and Fintech Surge, also offer industry-specific advancements with all-encompassing applicability across sectors.

As mentioned in the previous blog, the Expand North Star brings together top investors, unicorns, and start-ups seeking optimal business setups in Dubai. The ‘satellite exhibition’ of GITEX, Expand North Star, essentially helps pave the way for international and Dubai SMEs. Meanwhile, Fintech Surge is dubbed the ‘unparalleled meeting place’ for global financial innovators. This show is witness to major technological advancements within the financial industry, like insurtech, wealth & asset management, paytech, digital banking, and regtech.

It’s imperative to note as well that GITEX Global 2024 is expected to host industry-focused discussions — including hospitality, transportation, health, advertising, and marketing. These advancements help drive efficiency, improve service delivery, and ensure tech-driven sustainable innovation in the UAE at large. 

The disruptive innovations and networking opportunities that unfold at every GITEX Global event have a far-reaching impact beyond Dubai. The inherent collaborative spirit fostered during this large tech show ensures that every sector can leverage ingenious creations that support sustainable growth.

Economic influence and the role of strategic partners

Dubai World Trade Centre recently shared that GITEX Global has welcomed 245,000 attendees and hosted over 7,200 exhibitors in 2023. Remarkably, the exhibition has generated AED7.22 billion in economic output. The attendance of global audiences has sparked meaningful dialogue and strategic collaborations.

In this context, Binderr, DKK Partners, and ONDA, Seed Group’s strategic partners, are expected to partake in this large-scale exhibition. These tech firms are all set to showcase their innovative solutions to an audience of top decision-makers from the private and public fields. Their participation at the upcoming GITEX Global 2024 will showcase path-breaking solutions designed to amplify innovation in the UAE and economic performance.

ONDA, a company specialised in hospitality technology, is slated to take part in the Expand North Star 2024 at Dubai Harbour. The company will present its leading-edge hotel solutions (i.e., Central Reservation System, Property Management System, and Booking Engine) to potential stockholders and key players in the MENASA market. They will be available at the Seoul Pavilion to introduce their core distribution platform, ONDA HUB, which will facilitate room sales from regional hotels to Korean customers. Additionally, ONDA will participate in seminars hosted by the Dubai Chamber of Commerce to expand its local network further.

On the other hand, Binderr, a global leader in operations and compliance technology, will demonstrate its innovative solutions designed for streamlining workflows, optimising resource utilisation, and ensuring regulatory adherence. Their client onboarding services aim to assist those seeking efficient business setup in Dubai in reducing operational costs and minimising compliance risks. Notably, Binderr will conduct a live presentation of their upcoming online marketplace — scheduled for a 2025 launch — which is designed to generate organic leads while upholding regulatory standards for regional corporate service providers. They will be at Hall 13, B50, at the same booth as the Maltese government.

Furthermore, FX liquidity provider DKK Partners is all geared up for the large-scale Fintech Surge 2024, where they will be participating in the Supernova Challenge, the region’s largest pitching competition. Attendees can visit DKK ​​at Hall 10 at Stand A6 to witness first-hand an exclusive demonstration of their newest stablecoin and FX platform, the DKK Ocean. This new platform is developed to offer solutions like live RFQ (Request for Quotation) responses, FX trade execution, and multi-currency digital wallets. Finally, CEO and Co-Founder Khalid Talukder will have a speaking slot to discuss the growing significance of stablecoins.

To wrap up

The contributions of strategic partners such as Binderr, DKK Partners, and ONDA stretch beyond their own corporate achievements. These firms are showcasing modern technologies at GITEX Global 2024 that enhance operational efficiency, facilitate financial processes, and encourage tourism throughout the MENASA region. As a result, they emerge as important players that strengthen the economic ecosystem and solidify Dubai’s position as a technological hub on the international stage.

Similarly, GITEX Global 2024 will feature disruptive tech-driven inventions from various international companies, which will have wide-ranging advantages for emerging and traditional industries. This environment unquestionably fosters new opportunities for business setup in Dubai as well as attracts top-class talents and stakeholders.