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Dubai Internet City and India’s Nasscom enter strategic partnership for global innovation at world’s largest tech event

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Alliance confirmed at GITEX Global to empower next generation of tech leaders to build on the UAE’s and India’s rich legacy of successful business collaborationRegion’s leading tech hub to support Indian entrepreneurs looking to expand in the UAE and wider region

DUBAI, UAE, Oct. 18, 2024 /PRNewswire/ — Dubai Internet City, the region’s leading technology hub has entered a strategic partnership with India’s National Association of Software and Service Companies (Nasscom) to drive technological innovation and foster cross-border talent development on the sidelines of GITEX Global, being held at Dubai World Trade Centre until 18 October.

Dubai Internet City, one of TECOM Group PJSC’s 10 vibrant sector-specific business districts in the city, will offer support and guidance to Nasscom members navigating the process of establishing a presence within its business community, ensuring a smooth and efficient experience to start and set up business operations.

Ammar Al Malik, Executive Vice President of Commercial at TECOM Group and Managing Director of Dubai Internet City, witnessed the signing of the partnership agreement which outlines a framework for technology transfer and investment to create growth and expansion avenues for companies in both markets.

“Our partnership with Nasscom empowers the next generation of entrepreneurs and innovators to build upon the UAE’s and India’s shared success story,” said Ammar Al Malik, Executive Vice President of Commercial at TECOM Group PJSC and Managing Director of Dubai Internet City. “Dubai Internet City’s collaboration with Nasscom is a testament to the legacy and uniquely entrepreneurial spirit that has defined bilateral ties between both our nations over five decades. This partnership will facilitate knowledge sharing and provide access to Dubai‘s dynamic technology ecosystem, enriched by visionary roadmaps such as Dubai Economic Agenda ‘D33’.”

Shivendra Singh, Vice President and Head of Global Trade at Nasscom, said: “This agreement is a pivotal step in accelerating market access for Indian tech companies in the Middle East, a region we view as a critical growth driver for our industry. Our strategic partnership with Dubai Internet City will fast-track go-to-market strategies, enabling our members to scale rapidly, seize new opportunities, and drive transformative growth. The Middle East’s dynamic ecosystem offers immense potential for innovation, and this collaboration reinforces our commitment to harnessing that potential and building a strong foundation for future success.”

The strategic partnership offers a range of benefits to Nasscom member companies looking to expand their presence, including collaboration opportunities with Dubai Internet City’s vibrant community of more than 3,500 customers, including multinational corporations, start-ups, Fortune 500 companies, and tech giants such as Microsoft, Google, and Nvidia, in addition to more than 29,000 professionals.

Acknowledging the power of a globally connected technology ecosystem, Dubai Internet City and Nasscom, India’s premier trade body for the technology industry with more than 3,000 member companies, will explore opportunities to support joint research and development projects to drive innovation and create globally impactful technological solutions. Nasscom’s business community will also receive access to Dubai Internet City’s workshops, as well as the world-class D/Quarters co-working spaces by TECOM Group at the heart of Dubai Internet City and Dubai Media City.  

The strategic partnership was agreed during GITEX Global, the world’s largest technology event where Dubai Internet City is participating as Knowledge Partner to showcase industry champions that are shaping the future through AI-led innovation.

Dubai Internet City is part of TECOM Group’s portfolio of business destinations, which also includes Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Science Park, Dubai Industrial City, Dubai Outsource City, and Dubai Design District (d3).

About TECOM Group PJSC

TECOM Group has been developing strategic, sector-focused business districts across the emirate of Dubai since 1999. TECOM Group is well-positioned to continue playing an integral role in cementing Dubai‘s status as a global business and talent hub.

The TECOM Group portfolio consists of 10 business districts catering to 6 vital knowledge-based economic sectors, including design, education, manufacturing, media, science, and technology. The Group provides a varied and tailor-made leasing portfolio – which includes offices, co-working spaces, warehouses, and land – to over 11,000 customers and more than 124,000 professionals.

TECOM Group offers additional value-added services to deliver a competitive and attractive environment for businesses and entrepreneurs to thrive in and to facilitate engagement between the districts’ community members. Government and corporate services are made available through an integrated smart services platform, ‘axs’, which enhances ease of doing business and provides community members with a seamless experience.

TECOM Group also provides industry-specialised facilities, including media production studios, laboratories, and higher education campuses. in5, its enabling platform for entrepreneurs and start-ups, offers innovation centres supporting tech, media, and design start-ups and SMEs. Its future-focused co-working spaces D/Quarters deliver stimulating work environments for tenants, and the ‘GoFreelance’ package serves freelancers.

For more information, please visit www.tecomgroup.ae.

About Nasscom

Nasscom represents the voice of over $250 billion technology industry in India with the vision to establish the nation as the world’s leading technology ecosystem. Boasting a diverse and influential community of over 3000 member companies our network spans the entire spectrum of the industry from DeepTech and AI start-ups to multinationals and from products to services, Global Capability Centres to Engineering firms. Guided by our vision, our strategic imperatives are to accelerate skilling at scale for future-ready talent, strengthen the innovation quotient across industry verticals, create new market opportunities – both international and domestic, drive policy advocacy to advance innovation and ease of doing business, and build the industry narrative with a focus on Trust, and Innovation. And, in everything we do, we will continue to champion the need for diversity and equal opportunity.

For more details visit our website www.nasscom.in or write to us at comms@nasscom.in.

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SOURCE TECOM Group

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Travelport Releases Second Annual State of Modern Retailing Report: ‘Travel’s Tipping Point’

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New proprietary research from Travelport, combined with cross-industry insights, highlights key trends that will transform the travel industry in 2025

LANGLEY, United Kingdom, Jan. 15, 2025 /PRNewswire/ — Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel agencies and suppliers worldwide, today unveiled its 2025 State of Modern Retailing Report. This report, combining new proprietary research and cross-industry insights, outlines critical trends reshaping the travel industry in 2025, including heightened demand for transparency, the emergence of new subscription models, and AI-driven advancements in the travel retail experience.

“Consumers are clear about what they want from the travel industry: simplicity, transparency, and trust,” said Jen Catto, Chief Marketing and Product Officer at Travelport. “Our latest research shows that travel has reached a tipping point. Modern retailers who embrace radical transparency, adopt AI responsibly, and deliver streamlined experiences will thrive in this evolving landscape.”

Five Key Trends to Watch in 2025:

Consumer-washing ends; Radical transparency begins
Travel companies face growing criticism for “consumer washing,” a practice where businesses advertise deceptively low prices, hiding fees or conditions until checkout. Nearly half (44%) of surveyed consumers ranked airlines, hotels, and travel companies as major offenders, second only to credit card companies (45%).

Modern retailing requires honesty at every stage of the customer journey. Brands that eliminate hidden fees and agencies that present clear, comparable options across suppliers will earn customer loyalty. Radical transparency is not just a necessity—it’s a competitive advantage.

Disruptors Delivering Simplicity Will Outpace the Laggards
Fintech disruptors have reshaped banking, with 47% of consumers agreeing they’ve made personal finances easier to manage. However, the travel industry lags behind. Over half of consumers (56%) report that airline offers have become more confusing over the past decade.

To match fintech’s success, travel brands must embrace agile, API-led technology that enables seamless integration of new content, data, and features. Those who simplify the shopping experience will stand out in a crowded market.

Distribution Partnerships Drive Consumer Growth
The overwhelming number of content options across industries has led to choice overload. In streaming services, for example, 56% of consumers feel overwhelmed by the amount of content available on traditional and streaming channels, and 75% would prefer one bundled subscription.

Travel is no different. Forward-thinking companies are forming unconventional partnerships to meet consumers where they shop. For example, low-cost carriers (LCCs) are opening up their content to travel retailers, recognizing that a multi-channel approach simplifies the consumer experience while driving loyalty.

Travel Subscriptions Gain Traction
Travelers are increasingly turning to subscriptions. Online travel agencies (OTAs) like eDreams ODIGEO have demonstrated the potential of this approach, boasting more than 6.5 million Prime subscribers. Its subscription model is currently the company’s largest contributor of revenues and margins.

1 in 3 consumers (35%) surveyed said that they would consider a travel subscription in 2025, highlighting that this business model is primed for growth. Benefits such as convenience, cost savings, and exclusive perks make subscriptions a compelling alternative to traditional loyalty programs.

AI Raises the Bar for Travel Retailing
AI adoption is accelerating, with 58% of people using AI in their personal or professional lives. Travel ranks in top three industries for AI trust, with 42% of consumers trusting travel brands to use AI responsibly. In fact, 80% of frequent travelers already feel comfortable using AI for trip planning.

AI-driven tools will revolutionize travel retailing in 2025, from predicting travel behavior to curating personalized offers. For agencies, AI will simplify managing multi-source content and enable more effective customer service and upselling.

To read the full report or to learn more about Travelport, please visit Travelport.com/Trends-2025.

About Travelport
Travelport is a global technology company that powers bookings for hundreds of thousands of travel suppliers worldwide. Buyers and sellers of travel are connected by the company’s next generation marketplace, Travelport+, which simplifies how brands connect, upgrades how travel is sold, and enables modern digital retailing. Headquartered in the United Kingdom and operating in more than 165 countries around the world, Travelport is focused on driving innovation that simplifies the complex travel ecosystem.

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HONGQI Showcases Flagship Electric Vehicles at the Brussels Motor Show 2025

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BRUSSELS, Jan. 15, 2025 /PRNewswire/ — HONGQI, the benchmark of China’s luxury automotive industry, proudly unveils its flagship electric vehicle lineup at the Brussels Motor Show 2025, held from January 10 to 19 at the Brussels Expo. The event gathers leading automotive brands from around the globe, offering a platform to showcase cutting-edge technologies and sustainable innovation. HONGQI’s E-HS9, EH7, and EHS7 take centre stage, highlighting the brand’s excellence in design, performance, and forward-looking technology.

The E-HS9, a full-size smart electric SUV, embodies spaciousness and refinement. Its dual-motor all-wheel-drive system and high-performance battery deliver exceptional power and stability. The cabin, designed with premium materials, ensures both comfort and elegance, making it a perfect choice for executives and families alike.

The EH7 is designed to meet the expectations of discerning customers in the premium upper mid-sized electric sedan. With a WLTP range of 655 km, it excels in delivering long-distance comfort. Its powerful drivetrain, producing 455 kW and 756 Nm of torque, enables acceleration from 0 to 100 km/h in just 3.5 seconds, offering an exhilarating driving experience while maintaining efficiency. For those who value a combination of high performance and extended range, the EH7 is an irresistible choice.

The EHS7 is a premium upper mid-sized electric SUV that offers powerful driving performance and smooth handling. Its advanced braking system achieves a stopping distance of just 36 meters from 100 km/h, ensuring precise control and safety. As the only vehicle in its class equipped with rear-wheel steering, the EHS7 delivers exceptional agility and handling. Equipped with IPX8 waterproof battery safety features, it guarantees stable performance across various environments. With ultra-fast charging capabilities and outstanding manoeuvrability, the EHS7 is the ideal choice for drivers who prioritise practicality and superior driving dynamics.

In 2024, HONGQI captivated audiences with appearances at the Goodwood Festival of Speed, Automechanika Frankfurt, and the Paris Motor Show. Each event highlighted the unique features of the E-HS9, EH7, and EHS7, demonstrating HONGQI’s global commitment to luxury EV innovation.

The HONGQI booth at the Brussels Motor Show 2025 offers visitors a unique opportunity to experience the flagship models E-HS9, EH7, and EHS7 up close. Attendees can explore these models firsthand, discovering HONGQI’s dedication to luxury design, new energy innovation, and cutting-edge technology. The exhibit highlights the HONGQI’s continuous efforts to advance electric mobility and enhance premium driving experiences on a global scale.

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View original content:https://www.prnewswire.co.uk/news-releases/hongqi-showcases-flagship-electric-vehicles-at-the-brussels-motor-show-2025-302351621.html

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Start the New Year Right: Corra Group Highlights the Importance of Background Checks as Businesses Start the New Year Strong

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Background Checks Are Essential for Organizations Seeking to Build Trusted Teams and Create Safe Work Environments.

EL SEGUNDO, Calif., Jan. 15, 2025 /PRNewswire/ — The start of the new year is peak season for hiring, and businesses are gearing up to tackle early-year demands for a thriving 2025. Corra Group, a nationwide provider of background checks and drug testing, highlights the critical role of background screening at the start of the new year.

“January and February are typically active months for hiring, as companies bring on new employees to drive business growth and address early-year needs,” said Nick Gustavson, Corra Group Cofounder. “Background checks not only protect a company’s reputation and provide a safe work environment, but also foster a culture of safety, compliance, and reliability for teams and customers.”

According to the U.S. Bureau of Labor, the U.S. economy added over 350,000 jobs last January, significantly surpassing forecasts. Failing to perform comprehensive background checks can lead to increased risk and turnover, costing companies time and resources. Corra Group’s streamlined background check services help companies hire with confidence, starting the year with safe, dependable, and qualified teams.

Background checks are especially important for New Year hiring, particularly after the holiday season. It is easy to move too quickly as the new year ramps up, and the post-holiday season is a great opportunity for employers to utilize background checks to reduce turnover costs, transition temporary holiday hires into permanent roles, and stay safe while expanding.

“January also typically brings the launch of hiring initiatives, restructuring, and expansion,” adds Gustavson. “This results in increased hiring and a need for integrity, professionalism, culture fit, and alignment with company values in new or expanded roles.”

2025 is also seeing many companies implementing stricter full-time Return To Office (RTO) mandates, a trend already underway at major organizations like Amazon, JPMorgan, Disney, Google, Boeing, and Apple. With employees transitioning from remote work to working full-time side by side in physical office spaces, businesses need to prioritize safety, trust, and a secure work environment. Corra Group offers a number of background check services including Criminal Checks, Nationwide Registered Sex Offender Search, Drug Testing & Alcohol ScreeningMotor Vehicle Records, Employment Verification and Social Media Background Screening.

“We hope everyone starts the new year right,” said Gustavson. “Stay safe and compliant, and we wish everyone a Happy New Year!”

About Corra Group:

Corra Group is a full-service background screening company that provides background checks and employment screening to clients throughout the United States and around the world. With over 20 years of experience, Corra Group’s goal is to help clients make informed decisions and provide a first-class candidate experience during the hiring process. It is also one of the few companies that will answer the phone. Corra Group is headquartered in El Segundo, California. To learn more, visit CorraGroup.com

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SOURCE Corra Group

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