Dubai Chamber of Digital Economy highlights the advantages of Dubai's digital business ecosystem to 56 European companies and welcomes around 600 visitors during GITEX Europe
Dubai Chamber of Digital Economy invited digital businesses from Germany and across Europe to take part in Expand North Star 2025 in Dubai, the world's largest event for startups and investors. The Chamber held discussions with 35 investors and 28 ecosystem partners to explore opportunities for collaboration in the digital economy and innovation fields.
Dubai, UAE – Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its participation as the official Digital Ecosystem Partner at GITEX Europe recently, which took place recently in Berlin.
As part of its efforts to showcase the extensive growth opportunities across advanced technology sectors in Dubai, the chamber held meetings with 56 European companies during the exhibition. These included three unicorn companies and 21 digital firms each generating annual revenues of over US$ 100 million. Discussions focused on the unique advantages of Dubai's digital business ecosystem, with participants representing a wide range of digital sectors.
The chamber also hosted a roundtable discussion with 35 investors and 28 digital ecosystem partners from Germany and across Europe, aimed at exploring new avenues for collaboration in the fields of digital economy and innovation.
The chamber's participation came as part of its broader efforts to reinforce Dubai's position as a leading global hub for the digital economy. It also provided a valuable platform to showcase the emirate's world-class infrastructure, competitive advantages, and considerable growth opportunities for entrepreneurs and international businesses, particularly those from Europe seeking to expand into the Dubai market.
Dubai Chamber of Digital Economy's stand at GITEX Europe welcomed around 580 visitors, offering them insights into Dubai's comprehensive value proposition as a global hub for digital businesses and entrepreneurs. Attendees also had the opportunity to learn more about the chamber's key initiatives, including the Business in Dubai platform, an innovative gateway that supports digital companies in establishing or growing their presence in the emirate through tailored services and business matchmaking.
During the exhibition, the chamber actively promoted participation in Expand North Star 2025, encouraging digital startups from Germany and across Europe to join the world's largest event for startups and investors, which will take place in Dubai this October. Organised by Dubai World Trade Centre and hosted by Dubai Chamber of Digital Economy, the event offers an exceptional platform for companies seeking global exposure and funding opportunities.
As part of the GITEX Europe programme, a startup pitch competition was held, resulting in Czech firm Battery Check and Portuguese company Wise World being selected for fully sponsored participation at Expand North Star 2025, courtesy of Dubai Chamber of Digital Economy.
To further highlight the opportunities available in Dubai's innovation ecosystem, the chamber hosted three Dubai-based companies at its stand. These included CAFU, a leading digital platform offering on-demand vehicle services; Moove, a mobility fintech that empowers ride-hailing and logistics entrepreneurs through revenue-based vehicle financing; and Dub Dev Technologies, a tech company delivering AI, IoT, and simulation solutions.
About:
Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, aims to strengthen Dubai's position as a global leader in the digital economy; attract specialised talent, leading companies, and new investments; and create a stimulating environment that supports the growth of digital companies. The chamber was established by a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
2 days ago
- See - Sada Elbalad
ECB Cut Interest Rates by 25 basis-point to 2.00%
Taarek Refaat The European Central Bank (ECB) announced Thursday an interest rate cut by 25 basis points to the interest rate of deposit facility to 2%, down from its highest level in mid-2023 of 4%. 'The decision to cut the deposit facility interest rate – the rate at which the Board directs monetary policy – is based on its updated assessment of inflation expectations, the dynamics of core inflation, and the strength of the impact of monetary policy,' the European Central Bank said in a statement. The eurozone's inflation rate fell below the European Central Bank's target of 2% in May, recording 1.9%, a lower-than-expected level, according to preliminary data released earlier this week. However, economic growth continued to slow even as interest rates eased. The latest estimates show that the eurozone expanded by 0.3% in the first quarter of 2025. The central bank's decision comes at a critical time for the eurozone economy, as companies and policymakers face growing uncertainty in the wake of escalating geopolitical tensions. According to CNBC, the European stock markets closed higher after the ECB's decision to cut rates by 25 basis points. 'The Stoxx Europe 600 index closed up 0.9%, the U.K.'s FTSE 100 rose by 0.1% and Germany's DAX was higher by 0.2%. Meanwhile, France's CAC 40 was the only major benchmark to fall 0.2%,' CNBC wrote. US President Donald Trump's tariff policy is a major concern, as tariffs are expected to significantly affect economic growth. Certain sector-specific tariffs could severely damage Europe, where key industries such as steel and automobiles are affected. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
See - Sada Elbalad
2 days ago
- See - Sada Elbalad
Italy, Slovakia Reaffirm Support for Two-State Solution, Palestinian Statehood
Nada Mustafa Italy and Slovakia have declared their support for the two-state solution and the establishment of an independent Palestinian state. According to a statement issued by the Italian Ministry of Foreign Affairs on Wednesday, Italian Prime Minister Giorgia Meloni met with her Slovak counterpart Robert Fico, during which both leaders reiterated their shared commitment to a stable and peaceful Middle East. During the meeting, the Slovak Prime Minister called for the immediate release of all hostages and a permanent ceasefire in the Gaza Strip. The discussions also touched on support for a just and lasting peace in Ukraine, European competitiveness, renewable energy and next-generation nuclear power, as well as issues related to security, defense, and combating illegal migration. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
Mid East Info
2 days ago
- Mid East Info
Kaizen AI, a quiet disruptor, is set to transform US$654.39 trillion global real estate market with Artificial Intelligence
UAE property developers could increase their profits by more than 10 percent from projects, without making major changes to the designs from start-up Kaizen AI's proprietary technology, which is entering the UAE and GCC real estate and construction sectors to help the industry News Highlights: 1. The global real estate market is projected to reach US$654.39 trillion by 2025, with residential real estate accounting for US$534.37 trillion; 2. Kaizen AI's proprietary technology offers more than 10 percent cost savings by optimising projects; 3. With over 150 projects optimised across seven countries and US$5.4 billion in added value, Kaizen AI is rapidly gaining recognition as one of the most impactful players in global proptech; 4. An estimated US$590 billion worth of projects are being constructed in the UAE, which is 15 percent of the overall Middle East and North Africa total project pipeline value of US$3.9 trillion. As the GCC real estate landscape continues to evolve, one company is emerging as a game-changer—quietly, yet powerfully. Kaizen AI, an India-born proptech startup, is redefining the economics and sustainability of large-scale real estate development through Artificial Intelligence (AI). With over 150 projects optimised across seven countries and US$5.4 billion in added value, Kaizen AI is rapidly gaining recognition as one of the most impactful players in global proptech — and one to watch closely in the UAE. The global real estate market is projected to reach US$654.39 trillion by 2025, with residential real estate accounting for US$534.37 trillion, according to market intelligence firm Statista. With a steady Compound Annual Growth Rate (CAGR) of 2.69 percent, the market is expected to surpass US$727 trillion by 2029. An estimated US$590 billion worth of projects are being constructed in the UAE, which is 15 percent of the overall Middle East and North Africa total project pipeline value of US$3.9 trillion. In this massive and increasingly competitive landscape, Kaizen AI empowers developers and architects to unlock millions in added value—using advanced AI to optimise space planning, reduce costs, and improve project efficiency without compromising design intent. The company's expansion into the GCC region, including Dubai, Ras Al Khaimah, Muscat, and Riyadh, marks a new chapter for the firm, whose platform has already delivered an average 10.26 percent increase in project value for leading developers. These results are achieved without altering the architect's design intent, making Kaizen AI a seamless and scalable solution for design and planning optimisation. 'Our goal is simple: to maximise profitability, enhance sustainability, and help developers and architects make smarter, faster design decisions using AI,' said Jay Shah, Founder and CEO of Kaizen AI. Kaizen AI's platform leverages multi-parameter optimisation to analyse and improve a wide range of design variables—from built-up area and efficiency ratios to cost and carbon footprint—delivering tangible ROI for clients. In one example, Kaizen AI helped Godrej Properties, India's largest real estate developer, reduce costs by 15.4 percent, while also unlocking significant environmental gains. In total, the company has helped reduce 5.67 million square feet of constructed area and saved 712 million metric tonnes of CO₂—the equivalent of grounding all commercial flights globally for eight months. The firm has gained the trust of 8 of the 10 largest real estate developers in India, and is now working with multiple publicly listed companies across the U.S., Southeast Asia, and the Middle East. With its entry into the UAE, Kaizen AI is targeting partnerships with developers, architects, and cost consultants who are ready to embrace data-driven efficiency and future-forward planning. Jay Shah, who studied AI optimization during his graduate studies at Columbia University in New York, spent over a decade as an architect on large-scale global projects before founding Kaizen AI. This blend of technical expertise and real-world design experience sets Kaizen apart in a space often dominated by theory-heavy, impractical tools. 'We're not here to replace anyone—we're here to amplify the capabilities of entire project teams,' says Jay Shah. 'For developers, we unlock millions in hidden profitability by helping make smarter, faster decisions at the earliest stages—before a single brick is laid. For architects, we provide data-backed design scenarios that preserve creative intent while meeting commercial and environmental goals. The built environment is one of the largest contributors to climate change and capital expenditure. With Kaizen, we're enabling stakeholders to build not just more profitably—but more responsibly.' Unlike many AI ventures that rely on speculative valuations and VC capital, Kaizen AI runs on a performance-based, fee-for-service model—charging a percentage of the value it creates. This approach has made even the most traditional real estate players eager adopters. As the UAE and wider GCC continue to prioritize sustainable development, smart cities, and innovation-led infrastructure, Kaizen AI is poised to become a powerful enabler for the region's ambitious vision. About Kaizen AI: Kaizen AI is a cutting-edge proptech company at the intersection of architecture, artificial intelligence, and sustainability. Purpose-built for developers, architects, and cost consultants, Kaizen's platform enables data-driven decision-making from the earliest stages of design. By simulating thousands of design possibilities in minutes, Kaizen AI helps project teams unlock hidden profitability, reduce environmental impact, and accelerate approvals. Headquartered in India and expanding rapidly across the GCC and global markets, Kaizen AI is redefining how real estate is planned, optimized, and built.
