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Giza Arabia Expands Portfolio with Majority Stake Acquisition of Logical Applications for Business Solutions (LABS)

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RIYADH, Saudi Arabia, Aug. 12, 2024 /PRNewswire/ — Giza Arabia, a subsidiary of Giza Systems and owned by solutions by stc, the leading enabler of digital transformation in Saudi Arabia, announces its successful acquisition of a majority stake in LABS (Logical Applications for Business Applications Co.), the preeminent SAP Gold Partner in the Middle East. This strategic move represents a significant leap forward in Giza Arabia’s growth strategy and solutions.

Renowned for its expertise in delivering SAP solutions to organizations of all sizes across diverse industries, LABS will now operate as an integral part of Giza Arabia’s expanding operations. This acquisition strengthens Giza Arabia’s position as a digital transformation enabler, enhancing its ability to cater to the evolving needs of clients seeking seamless digital transformation journeys while showcasing its commitment to innovation and market expansion.
Osama Sorour, CEO of Giza Systems, stated, “We are thrilled to welcome LABS into the Giza Systems family. Their distinguished track record as a SAP Gold Partner perfectly aligns with our commitment to delivering innovative and impactful solutions to our clients. This acquisition expands our market presence in key regions such as KSA and Egypt, complements our offerings, and ensures that we continue to support our clients’ digital transformation journeys.”
Mahmoud Deyab, CEO at LABS, said, “Collaborating with Giza Arabia opens up exciting prospects for LABS and our clients. We are confident that this strategic alliance will empower us to deliver even greater value and innovation to our customers, leveraging our combined strengths in SAP solutions and digital transformation.”
Headquartered in Jeddah and operating across KSA, Egypt, Bahrain and UAE, LABS brings over 10 years of experience in assisting organizations in identifying, acquiring, implementing, servicing, supporting, and optimizing SAP solutions tailored to their specific needs. With a comprehensive suite of SAP Business Management Applications, Business Profitability & Growth Analytics, Enterprise Mobility, and Database & Technology-related services, LABS contributes significantly to enhancing Giza Arabia’s capabilities to better support clients and expand its market reach.
The partnership with LABS opens doors for exploring new sectors and customer segments, particularly in the government sector in KSA, while enabling Giza Arabia to leverage their combined expertise to provide customers with comprehensive 360 degrees solutions encompassing SAP and cloud technologies. Through the implementation of the renowned SAP Analytics Cloud across all clients’ SAP and non-SAP systems, Giza Arabia aims to deliver real-time insights, empowering clients to make data-driven decisions and drive greater efficiency and growth.
This strategic partnership not only underscores Giza Arabia’s commitment to innovation and market expansion but also highlights solutions by stc’s pivotal role as a driving force in the digital transformation landscape in Saudi Arabia.
About Logical Applications for Business Solutions – LABS
Logical Applications for Business Solutions (LABS) is a leading SAP Partner and a certified SAP Partner Center of Expertise (PCOE) specializing in providing innovative digital transformation solutions to businesses across the MENA region. With a team of over 100 highly skilled SAP consultants across the entire suite of SAP solutions. Their unwavering commitment to excellence has earned them numerous awards and glowing client testimonials and a proven track record of success, LABS is dedicated to helping clients achieve their business goals through the power of technology.
For more information, please visit: https://www.labs-is.com/home/en.
About Giza Arabia
Giza Arabia is a subsidiary of Giza Systems, the leading digital transformation enabler and systems integrator in the MEA region. It designs and deploys industry-specific technology solutions for asset-intensive industries such as the Telecoms, Utilities, Oil & Gas, Smart Mobility and other market sectors. Giza Arabia helps its clients streamline their operations and businesses through their portfolio of solutions, managed services, and consultancy practice. Giza Arabia’s team of over 600 professionals present in the KSA, and serving over 3 countries, is part of Giza Systems team of 2,400 professionals spread throughout the MEA region with anchor offices in Cairo, Riyadh, Dubai, Doha, Nairobi, Dar es Salaam, Kampala and New Jersey, allowing the Company to service an ever-increasing client base in over 25 countries.
In 2022, Giza Systems Group was acquired by solutions by stc.
For more information, please visit: https://gizaarabia.com.
About solutions by stc
solutions by stc is the Kingdom’s leading enabler of digital transformation and the number one IT service provider in the Kingdom, enabling the public and private sectors to transform, reach and scale into a new digital age.
solutions by stc provides clients integrated technology solutions through a broad portfolio that enhances their day-to-day operations. Its core ICT services are designed to enable, manage and scale businesses. 
Solutions launched its operations over decades ago and to date has serviced almost 24,000 clients across 35 cities in Saudi Arabia and in key sectors, including financial services, healthcare and education. solutions by stc has approximately 1,500 employees with over 1,000 certified on key technologies and business domains. 
For more information, please visit: https://solutions.com.sa.

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World’s 1st Flashlight Experience Store Kicks Off in Las Vegas

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LAS VEGAS, Sept. 15, 2024 /PRNewswire/ — Olight, a brand committed to becoming a global leader in mid-to-high-end flashlights, opened the world’s first flashlight experience store at Fashion Show Las Vegas. On the same day, it hosted a major new product launch event and a fan festival for its loyal customers.

A Retail Revolution
The store adopts an advanced digital retail model that seamlessly integrates online and offline channels. Leveraging cloud computing, big data, IoT, and other cutting-edge technologies, Olight has created a unified system for warehousing, logistics, supply chain management, and retail. This enhances operational efficiency and allows consumers to order online and pick up in-store, offering a more convenient and efficient shopping experience.
“Olight has consistently focused on the U.S. market and achieved outstanding results online. We want our first experience store to not only showcase our products but also serve as a bridge between the online and offline, connecting our brand with our customers,” said Mavis Xiao, CMO of Olight.
New Product Launches
Olight unveiled five new products at the event: Arkfeld Ultra, Baton Turbo, Perun 3, Sphere, and the Arkfeld Pro (Paw Edition). The Arkfeld Ultra uses a new aluminum material, making it one of the toughest and most scratch-resistant flashlights in the world. Olight also used this material to create a special gift for each audience member.
With the release of the Arkfeld Pro (Paw Edition), Olight announced an animal charity project in 13 countries, dedicated to supporting animal welfare for at least two years. For every Arkfeld Pro (Paw Edition) sold, Olight will donate $5 to local animal charities. This initiative aims to raise funds for animal protection and increase social awareness and action.
O-Fan Day: Celebrating the Community
O-Fan Day was a fan festival where Olight expressed its appreciation to the O-Fans, whom Olight believes are the driving force behind the brand’s growth. Olight held a fan award ceremony to recognize fans who have made outstanding contributions to supporting and promoting the brand. Over 200 O-Fans attended the festival, celebrating with Olight’s management, R&D teams, and more.
The Olight Fall Event 2024 was the brand’s most important event of the year. As a brand dedicated to establishing itself as a global leader in flashlights, Olight is bold in breaking the mold. This Fall Event demonstrated Olight’s determination to redefine the flashlight industry through innovation and to promote the development of the entire industry.
About Olight: 
Olight is committed to becoming a global leader in mid-to-high-end flashlights and driving the industry forward. Its diverse product range caters to various scenarios, from everyday carry to outdoor adventures, and is available across Europe, the Americas, and beyond.
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Global AI Summit Calls for Global Action to Guarantee AI Innovation is for the “Good of Humanity”

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RIYADH, Saudi Arabia, Sept. 14, 2024 /PRNewswire/ — The Global AI Summit (GAIN) in Riyadh concluded on a high, after the summit welcomed more than 30,000 delegates from across the globe over three days. The live stream of the summit, organized by the Saudi Data and AI Authority (SDAIA), received 3.7m views.

Building on the success of previous editions, GAIN 2024 featured more than 450 speakers from 100 countries, participating in 150 sessions. It also witnessed over 25 launches and announcements, and facilitated the signing of over 80 agreements and Memoranda of Understanding (MoUs).
The summit has grown exponentially since its inception in 2020. Its growing prominence reflects the Kingdom of Saudi Arabia’s role in advancing AI capabilities as it positions itself as a global leader in this space.
The key output from the summit was the need for governments and policy makers to take global action to ensure that AI technology evolves for the good of humanity. Central to responsible evolution is an ethical framework and robust governance.
To support the advancement of AI ethics and governance, SDAIA announced the Riyadh Charter of Artificial Intelligence for the Islamic World in collaboration with the Islamic World Educational, Scientific, and Cultural Organization (ICESCO). This promotes ethical AI grounded in Islamic values and principles, as well as sustainable development through international cooperation.
SDAIA has played a pivotal role in forging key collaborations to strengthen local and regional AI solutions, signing MoUs with Microsoft Arabia to develop Arabic language models, IBM for a Center of Excellence in Generative AI technologies, and NVIDIA to scale AI infrastructure across the Kingdom.
The summit also marked several major milestones. Alongside the unveiling of ALLaM, the world’s most advanced Arabic Language Model, other diverse initiatives such as the Global AI Community, the THAKAI Platform, and guidelines for addressing deepfake technology.
Furthermore, the launch of the Generative AI Center of Excellence by the Digital Cooperation Organization (DCO), the agreement to open an International Center for AI Research and Ethics (ICAIRE) as a UNESCO Category 2 Center, further underscored the impact of GAIN 2024.
The summit itself provided the platform for companies from all over the world to showcase the latest AI technologies and innovations, including AI generated avatars, AI generated artwork, and even Robotic bar staff serving beverages.
The summit closed with an inspirational speech from the Director of Saudi Arabia’s National Information Center, His Excellency Dr. Esam Alwagait, in which he thanked participants:
“Your candid perspectives have not only inspired us with the vision of what lies ahead, but have also grounded us in the realities we must face. Together, we have not only imagined the future of AI, but have also made it real by addressing the challenges and identifying the enablers needed to truly unlock its potential.”
He added:
“It has been incredibly inspiring to see the world come together here in Riyadh, united by momentum to make AI work for everyone. The commitment to collaborative action has been evident throughout the summit.” 
The success of GAIN 2024 ensures that the Kingdom’s AI infrastructure will be significantly strengthened and has cemented Saudi Arabia position at the center of global AI.
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Akuvox S567G Smart Indoor Monitor Has Received Google Mobile Service Certification

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XIAMEN, China, Sept. 13, 2024 /PRNewswire/ — Akuvox has announced its S567G, an indoor monitor powered by Android™, to have received Google GMS certification. This certification ensures full support for Google Services, allowing users to download and update apps directly from the Google Play Store, including smart home control apps. It also enhances system security, protecting against malware and unauthorized access.

GMS certification involves comprehensive testing and approval by Google or a designated 3PL lab, validating security and compatibility to ensure seamless integration within the Android ecosystem. Receiving GMS certification underscores Akuvox’s leadership in the smart intercom industry. Building on its legacy as the pioneer of Android smart intercoms, Akuvox continues to elevate its Android systems with Google’s rigorous certification, offering clients flexible and sophisticated smart intercom solutions. 
The S567G’s GMS certification ensures flawless operation with key Google apps like Chrome, Gmail, YouTube, Maps, and the Play Store. Edward Shi, Product Manager of the S567G, notes, “The positive feedback we’ve received from clients, even during testing, confirms that this device is transforming daily life. It’s more than just an intercom — it’s a versatile tool, even capable of functioning as a small TV. Our team has worked tirelessly to meet the highest standards, and I’m excited to see how it enhances smart living for our users.”
The S567G’s features extend beyond intercom functionality. With four HD speakers and a 1280 x 800 IPS LCD screen, it offers an exceptional audio-visual experience, redefining the concept of an indoor monitor. Whether for entertainment or smart home control, the S567G stands out as a versatile wall-mounted tablet, bringing innovation to every interaction.
About Akuvox
Akuvox is a global leading provider of smart intercom and smart home products and solutions. It is committed to unleashing the power of technology to improve people’s lives with better communication, greater security, and more convenience. Encompassing artificial intelligence, SIP, Android, cloud, security, and other advanced technologies, Akuvox continuously drives breakthrough changes in the industry and creatively delivers an unrivaled portfolio of smart intercom and smart home products and solutions. It has been deployed and used daily in more than 110 countries and regions, meeting customer needs in various vertical markets that range from residential to commercial, from healthcare to public safety.
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