Jumbo Electronics, the UAE-based consumer electronics giant, has recorded a sales increase of 20% for the second half of 2010, as against the same period in the previous year. Jumbo also begins the year on a bullish note.

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Display panels vendor Art of Colours (AOC) has appointed BDL as its distributor in Saudi Arabia, a move the company says will boost its presence across the Kingdom. This tie-up will provide AOC with a perfect opportunity to enhance its already formidable presence in the Saudi market and raise its market share in the Kingdom’s growing IT market. According to the CITC annual report, Saudi Arabia’s IT market is expected to achieve a compound annual growth rate (CAGR) of 13.4% over the next three years, with IT spending posting a 17% growth this year alone and reaching a total value of nearly US$10 billion by the year 2013.

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Canon Middle East, awarded its partners for their contributions in the year 2010 during Canon’s Partner Conference that was recently concluded with the theme “Reaching New Heights” at the Qasr Al Sarab Desert Resort in Abu Dhabi. The awards recognised of Canon’s Middle East partners in achieving 2010 directions and boosting the company’s overall performance, particularly in helping Canon post two consecutive years of positive market share growth. The winners of the B2B Awards were Canon Emirates from the UAE in the Office Business category; General Electric and Technology Company from Oman in the DIMS category; and El-Ajou Trading Company from Saudi Arabia, which received a Special Recognition Award for its role in a groundbreaking deal to supply 379 units of ImageRUNNER Advance C5040I to the Princes Noura University.

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Kaspersky Lab, a leading developer of secure content management solutions is the UAE consumers’ most popular anti malware brand dominating the country’s retail sales with an overall market share of 37 per cent by value and 38 per cent by volume according to the latest IDC report about AMS retail channel in UAE, KSA, Egypt and Pakistan.

According to the same report, a total of 900,000 anti virus products with an estimated value of USD$ 6 million were sold across UAE retail stores in 2009. To make a comparison, Saudi Arabia’s AMS retail channel market during the same period was worth USD$ 4 million on a 600,000 unit volume. In Egypt, the most populous market in the Middle East, the total value of the market is estimated at USD$ 1.5.Read More…

Software AG today announced that it has been named by Gartner, Inc., a leading industry analyst firm, in the Leaders Quadrant of the recently released Magic Quadrant for Business Process Management Suites. According to Gartner, Inc., more organizations are adopting Business Process Management (BPM) as a discipline and scaling up their efforts to establish BPM as an enterprise program. The effectiveness of BPM in providing business efficiency was demonstrated by a 15% market growth in BPMS in 2009.Read More…

Sage Software, has partnered with LinguaNext Inc., to launch the first Arabic version of its top CRM and ERP solutions for SMBs in the UAE. This includes the Arabic language add-on for ‘Sage CRM’, ‘Sage Accpac’ and ‘Sage X3′, which allows customers to use the same software available internationally in the Arabic language. The move is in line with Sage Software’s aims to cater to the needs of Arab users in the UAE, by offering more adaptable software in their vernacular, which is also part of the company’s strategy to expand its reach across the region.Read More…

Al Taqnyah Business Solutions the enterprise IT solutions provider today announced its partnership with LetterGen an affiliated company of the Belgian BTR Services, which focuses on the workflow of documents. The recent partnership is aimed to further strengthen LetterGen’s presence within the region – whereby Al Taqnyah will be the master distributor for LetterGen. With a profound knowledge of the document management arena; LetterGen’s strategy is to focus on worldwide distributors and resellers. LetterGen has selected Al Taqnyah to represent them in the Middle East, North Africa, and Pakistan.Read More…