(Alliance News) – Almawave Spa has signed a memorandum of understanding with Reach Digital, the digital transformation division of the Abu Dhabi-based International Holding Company group. This strategic agreement aims to foster business synergies in the MENA market, encompassing the United Arab Emirates, Saudi Arabia, Morocco and Egypt, leveraging Almawave’s technological expertise and Reach Digital’s market knowledge and network. The collaboration focuses on developing artificial intelligence-based solutions to address business challenges, improve operational efficiency and accelerate technological progress in the region, the company explained in a note. Joint projects will begin in the coming weeks, aiming to integrate advanced AI solutions in various strategic areas, aligned with targeted go-to-market strategies for the region. Almawave shares are down 3.9 percent at EUR2.95 per share. By Antonio Di Giorgio, Alliance News reporter Comments and questions to redazione@alliancenews.com Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved. AIW: Dynamic Chart
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