Latest news with #GSGroup
Daily News Egypt
3 days ago
- Business
- Daily News Egypt
Giza Systems unveils ambitious growth strategy to boost regional, global presence
Giza Systems (GS), a leading digital transformation enabler and systems integrator in the Middle East and Africa (MEA), has announced a bold new strategic direction aimed at cementing its role as a regional and global technology powerhouse. The announcement comes as the company officially introduces its new Group CEO, Ahmad Elharany. During a media roundtable on Thursday, Elharany outlined the company's forward-looking strategy, which includes geographic expansion, investment in high-growth sectors, and enhanced global service capabilities. The plan reflects GS Group's ambition to evolve into a global leader in innovation and digital transformation. A key milestone in this strategy is the launch of the company's new Global Service Delivery Center. Designed to serve clients across industries and regions, the center will enhance Giza Systems' ability to deliver faster, more scalable, and cost-effective solutions. By leveraging global delivery infrastructure and innovation, the center aims to boost operational efficiency, expand capacity, and streamline resource management worldwide. Giza Systems is also sharpening its focus on emerging sectors with significant growth potential, including FinTech, smart cities, smart sports, AI-powered video analytics, cloud services, cybersecurity, and Oracle-based enterprise solutions. The company's integrated approach combines operational and information technology (OT/IT) to offer full-spectrum digital transformation solutions. 'GS Group is aligning its brand with a strategy centered on purpose-built innovation, scalable delivery, and a culture of continuous evolution,' said Elharany. 'We're adapting to meet the rapidly changing needs of global customers by embedding deeper innovation, advanced delivery capabilities, and a future-focused mindset.' Backed by solutions by stc, which holds an 88.19% stake in the company, Giza Systems has achieved major milestones over the past two years. These include the acquisition of LABS, a prominent SAP partner, which marked the group's entry into the ERP space. GS has also established a dedicated Oracle implementation business unit and led several flagship smart city projects such as the Intelligent Transportation Systems (ITS) in Egypt's New Administrative Capital and the Command and Control Center in Alamein. Looking ahead, GS plans to deepen its presence across the GCC—particularly in Oman, Bahrain, and Abu Dhabi—through strategic partnerships, direct sales initiatives, and enhanced collaboration with global technology providers to enrich service offerings and customer experiences. Sustainability and social impact remain core pillars of GS Group's vision. The company received a -AA- rating for its first ESG/GRI report in 2023, reflecting its commitment to responsible business practices. Through its CSR arm, the Giza Systems Foundation (GSF), the group empowers underserved communities via tech-driven initiatives. In 2024, GSF supported 15 startups across eight Egyptian governorates through its BridgeZ accelerator, advancing nine of the UN Sustainable Development Goals. GSF aims to position itself as Egypt's hub for impact investment, connecting startups with investors, donors, and strategic partners. With strongholds in Egypt, Saudi Arabia, the wider GCC, and East Africa, GS Group now sets its sights on a global expansion trajectory, with plans to solidify its footprint worldwide by 2027.
Yahoo
24-04-2025
- Business
- Yahoo
JMG Group expands with triple deal
JMG Group, through its subsidiaries GS Group, Greenwood Moreland and Lighthouse Risk Services, has carried out three acquisitions for an undisclosed sum. JMG Group CEO Nick Houghton emphasised the acquisitions as 'balancing entrepreneurial autonomy with Group-wide support'. GS Group acquired W K Insurance, a Scottish broker with a history spanning more than 40 years. This acquisition brings a team of seven professionals to GS Group, including newly appointed managing director Scott King. King, who succeeds Kevin King in the role, brings multinational experience, including the London market. Kevin said: 'Scott's appointment, along with our integration with GS Group, future-proofs the business. We are pleased to join a wider network while staying committed to delivering excellent client service.' Greenwood Moreland has taken over UKI Direct, a broker based in York, UK, that serves small and medium-sized enterprise clients nationwide. The acquisition sees three broking professionals join Greenwood Moreland, with Ian Donald taking the helm in a planned succession from former owner Mike Howard. This move increases Greenwood Moreland's gross written premium by £2.5m ($3.32m), pushing its total placed premiums to more than £58m across its seven UK sites. Lighthouse Risk Services has acquired TSE Solutions, a Leeds-based company specialising in customised risk management. The acquisition is the culmination of a professional relationship between Lighthouse director Chris Hall and TSE Solutions managing director Antony Eckersley. Eckersley stated: 'This enhances our service offering in the health and safety market. We have long admired Lighthouse's high standards and look forward to strengthening our proposition as part of the Group.' Eckersley will join the Lighthouse team, continuing to serve his existing clientele while also contributing to business development. JMG Group CEO Nick Houghton says: 'These acquisitions reflect the strength of our businesses and their confidence in the support we provide. Each firm has identified and seized growth opportunities that align with their values and ambitions. Our role is to support them – providing infrastructure, financial backing and operational expertise – while enabling them to grow independently and make sound commercial decisions.' Last year, JMG Group, through JM Glendinning North Yorkshire, acquired C P Bennett, a personal and commercial lines insurance broker based in Bridlington. "JMG Group expands with triple deal " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
24-04-2025
- Business
- Yahoo
JMG Group expands with triple deal
JMG Group, through its subsidiaries GS Group, Greenwood Moreland and Lighthouse Risk Services, has carried out three acquisitions for an undisclosed sum. JMG Group CEO Nick Houghton emphasised the acquisitions as 'balancing entrepreneurial autonomy with Group-wide support'. GS Group acquired W K Insurance, a Scottish broker with a history spanning more than 40 years. This acquisition brings a team of seven professionals to GS Group, including newly appointed managing director Scott King. King, who succeeds Kevin King in the role, brings multinational experience, including the London market. Kevin said: 'Scott's appointment, along with our integration with GS Group, future-proofs the business. We are pleased to join a wider network while staying committed to delivering excellent client service.' Greenwood Moreland has taken over UKI Direct, a broker based in York, UK, that serves small and medium-sized enterprise clients nationwide. The acquisition sees three broking professionals join Greenwood Moreland, with Ian Donald taking the helm in a planned succession from former owner Mike Howard. This move increases Greenwood Moreland's gross written premium by £2.5m ($3.32m), pushing its total placed premiums to more than £58m across its seven UK sites. Lighthouse Risk Services has acquired TSE Solutions, a Leeds-based company specialising in customised risk management. The acquisition is the culmination of a professional relationship between Lighthouse director Chris Hall and TSE Solutions managing director Antony Eckersley. Eckersley stated: 'This enhances our service offering in the health and safety market. We have long admired Lighthouse's high standards and look forward to strengthening our proposition as part of the Group.' Eckersley will join the Lighthouse team, continuing to serve his existing clientele while also contributing to business development. JMG Group CEO Nick Houghton says: 'These acquisitions reflect the strength of our businesses and their confidence in the support we provide. Each firm has identified and seized growth opportunities that align with their values and ambitions. Our role is to support them – providing infrastructure, financial backing and operational expertise – while enabling them to grow independently and make sound commercial decisions.' Last year, JMG Group, through JM Glendinning North Yorkshire, acquired C P Bennett, a personal and commercial lines insurance broker based in Bridlington. "JMG Group expands with triple deal " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Daily Mirror
22-04-2025
- Sport
- Daily Mirror
Newsboy's horse racing selections for Wednesday's five meetings, including Perth Nap
DENEMETHY looks the value pick in the GS Group Balnakeilly Novices' Limited Handicap Chase (2.18) over two and a half miles on the opening day of the three-day Perth Festival. The seven-year-old, trained by Fergal O'Brien – who has been firing in the winners over the past fortnight – has steadily improved since making his chasing debut in December, scoring at the second time of asking at Market Rasen over the Christmas period. The son of Flemensfirth has run well in defeat since, placed in each of his three subsequent starts, the last of which 50 days ago being his best performance, when just failing to catch subsequent winner Homme d'Un Soir by a head when returning to the Lincolnshire course, with the third, who was a further eight lengths back, also winning next time out. Later on the Scottish card, In the Phil Nelson Capercaillie Handicap Chase (3.48) over two miles, VOCITO can return after a break to score a second successive chase victory. The seven-year-old joined Olly Murphy's yard in May and won three novice hurdles before returning to the bigger obstacles when last seen in November, winning at Plumpton by a very easy 11 lengths ahead of Koenigsstern, who then won next time out. Wednesday's selections PERTH 1.48 LILOO D'ORES 2.18 DENEMETHY (NAP) 2.48 HORACES PEARL 3.18 FUN FUN FUN 3.48 VOCITO (NB) 4.22 PARISIAN FASHION 5.00 MAGGIES BOY 5.32 HAPPY INDEX LUDLOW 2.38 MORE COKO 3.08 THE BOLD THADY 3.38 TOMMYS CHARM 4.10 MANALA 4.40 CAPTAIN TOMMY 5.15 MADAJOVY
Korea Herald
25-03-2025
- Business
- Korea Herald
GS' Huh Tae-soo named founding chair of FKI's AI innovation committee
GS Group announced Tuesday that its Chair Huh Tae-soo has been appointed as the founding chair of the Artificial Intelligence Innovation Committee under the Federation of Korean Industrie, one of the largest business groups here. Since assuming the chair position of GS Group in 2020, Huh has been a strong advocate for AI-driven innovation and digital transformation, integrating AI into GS's business operations. The FKI said his leadership in fostering AI adoption has positioned him as the ideal candidate to lead balanced industrial growth. The committee, structured into five divisions -- policy-making, technology development and expansion, human capital and infrastructure, governance and future growth -- will focus on fostering AI innovation and industry-wide adoption in the digital era. During Huh's opening remarks upon the committee launch, he emphasized the need for proactive AI policies and stronger industry collaboration, stating, "Korea's AI industry is still in its infancy, despite ongoing discussions on the Basic Act on AI and other legislative initiatives." "To address this, we will not only spearhead AI policy discussions but also cultivate an AI-friendly business environment to enhance overall competitiveness." spark@
