Page 17 - Centena Group PR Report - June 2024

ArabMedicare.com | Centena Group achieves robust growth in fiscal year 2023 with 28% increase in UAE
a customer-focused firm, we remain committed to delivering
quality services and fostering innovation as we continue to grow
our global footprint.”

He added: “Today, technology is the cornerstone of every
industry, making products, services, and systems more efficient.
It enables the tracking and streamlining of processes, maintains
data flow, and seamlessly manages contacts and employee
records. This increased operational efficiency reduces costs and
facilitates rapid business growth. As a result, there is a huge
increase in demand for our sectors, such as marine electronics,
security and identification, education, industrial processes, life
analytical sciences, and laboratory furniture. This encourages us
further to create new, innovative services that benefit the
industry and improve quality of life.”

The Middle East is at the forefront of the digital revolution, with
countries across the region pursuing ambitious economic
diversification strategies to move beyond their traditional
reliance on oil and gas. This shift is supported by a young, tech-
savvy population eager to embrace new technologies.
Significant investments in technology are anticipated in the GCC
region, especially with Saudi Arabia expected to allocate an
impressive USD 24.7 billion by 2030. Additionally, the UAE has
committed USD 500 million to advance research in artificial
intelligence and related fields, further driving demand for
innovative solutions. According to PwC, the AI sector is
expected to contribute USD 320 billion to the Middle East
economy by 2030.
Centena Group continues to shape the future of technology-
driven solutions in the Middle East by emphasizing efficiency
and innovation in the digital space, in keeping with the goals of
various progressive national initiatives. Driven by a passion to
push the boundaries of innovation and technology, the Group
looks forward to further expanding its product portfolio, to offer
the most suitable and effective solutions that are tailored to the
specific needs of its customers in the region.

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