Page 21 - Centena Group PR Report - June 2024

Centena Group achieves robust growth in fiscal year 2023 with 28% increase in UAE
stakeholders, and esteemed clients. In our role as a customer-focused firm, we remain commi ed to delivering
quality services and fostering innova on as we con nue 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 opera onal 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 iden fica on, educa on, industrial processes, life analy cal sciences, and laboratory
furniture. This encourages us further to create new, innova ve services that benefit the industry and improve
quality of life.”

The Middle East is at the forefront of the digital revolu on, with countries across the region pursuing ambi ous

economic diversifica on strategies to move beyond their tradi onal reliance on oil and gas. This shi is
supported by a young, tech-savvy popula on eager to embrace new technologies. Significant investments in
technology are an cipated in the GCC region, especially with Saudi Arabia expected to allocate an impressive

USD 24.7 billion by 2030. Addi onally, the UAE has commi ed USD 500 million to advance research in ar ficial
intelligence and related fields, further driving demand for innova ve solu ons. According to PwC, the AI sector
is expected to contribute USD 320 billion to the Middle East economy by 2030.

Centena Group con nues to shape the future of technology-driven solu ons in the Middle East by emphasising
efficiency and innova on in the digital space, in keeping with the goals of various progressive na onal ini a ves.

Driven by a passion to push the boundaries of innova on and technology, the Group looks forward to further
expanding its product por olio, in order to offer the most suitable and effec ve solu ons that are tailored to the
specific needs of its customers in the region.

For further informa on, please contact:

CommuniGate Middle East
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