Fintech PR
Trascent and Gulaid Holding Launch Trascent Arabia to Meet Demand for Facilities Management Excellence in Saudi Arabia
SOMERVILLE, N.J. and RIYADH, Saudi Arabia, Oct. 7, 2024 /PRNewswire/ — Trascent, a global leader in facilities management advisory services, and Gulaid Holding, a renowned investor within Saudi Arabia’s facilities management sector, have joined forces to launch Trascent Arabia, a joint venture designed to provide value added and differentiated services focused on the Kingdom’s facilities management (FM) industry. The new entity will provide innovative solutions aligned with Saudi Vision 2030, which will focus on transforming the way FM services are delivered across the country and Gulf region.
Trascent is globally established for thought leadership and expertise in structuring and governing the delivery of best-in-class FM services, drawing from Trascent’s experience in advising more than 20% of the Fortune 500 on outsourcing FM across diverse markets. Complemented by Gulaid Holding’s 15-year deep understanding of the Saudi market and local capabilities, Trascent Arabia aims to enhance FM service quality and efficiency through best practices in contracting and managing FM services. The joint venture aims to address unmet market demands by offering cutting-edge advisory, contract management, and program management services.
Rakesh Kishan, Chief Executive Officer of Trascent Arabia and Managing Principal of Trascent, explained, “Trascent Arabia will bring market-leading expertise in advanced contracting models for facilities management at a time where clients are seeking better and more innovative solutions in FM. By combining Gulaid’s deep local knowledge with Trascent’s market leading capabilities, we are positioned to deliver world-class services that support the increasing demands of facilities management in Saudi Arabia. As the Kingdom invests heavily in new cities, infrastructure, entertainment, and other investments, our services will enable clients to achieve FM excellence for residents, tourists, and businesses alike.”
According to a recent report by Fortune Business Insights, the FM sector in Saudi Arabia is projected to reach US$56.33 billion by 2032, growing at a compounded annual rate of 10.3% from 2023. With the Kingdom undergoing a transformation for Vision 2030, the FM industry faces increasing pressure to move beyond traditional manpower-based services to more sophisticated, customer experience-led solutions. Trascent Arabia will help clients achieve advanced FM services tailored to support key national mega projects, such as NEOM, Qiddiya, and the Red Sea Project.
Naser Gulaid, Executive Chairman of Gulaid Holding, added, “For the past 15 years, Gulaid Holding has been a leading investor in Saudi Arabia’s FM industry. With Vision 2030 raising the bar for excellence, Trascent Arabia will help to bridge the gap between current market capabilities and future demands. Our services will not only enhance operational efficiencies but also introduce technology-driven FM strategies that focus on customer experience, sustainability, and efficiency, perfectly aligning with the Kingdom’s vision for growth. Our clients want innovative, experience-led services, and that’s exactly what Trascent Arabia is bringing to the table.”
Trascent Arabia will focus on three core service areas: management consulting services – advising clients on how to structure FM contracts, develop service specifications and deploy best practices in commercial models; contract execution and management – providing a single point of contact for ensuring compliance performance across FM contracts; and program management – overseeing key client initiatives, including energy efficiency and sustainability projects, ensuring their effective and timely implementation.
The joint venture aims to position Trascent Arabia as a key FM resource to clients in Saudi Arabia. Trascent Arabia will be led by an experienced executive team with deep knowledge of local dynamics and global FM best practices.
For more information about Trascent Arabia, visit https://trascent.com/trascent-arabia or contact [email protected].
About Trascent Arabia
Trascent Arabia is a joint venture between Trascent and Gulaid Holding, combining global expertise in facilities management (FM) with local insights into the Saudi Arabian market. The company provides management consulting, contract management, and program management services to help clients optimize their facilities management operations. Trascent Arabia is committed to excellence in FM services across Saudi Arabia and the Gulf region. For more information, visit https://trascent.com/trascent-arabia
About Trascent
Trascent, a global management consulting firm, drives measurable performance improvements and quantifiable results in all facets of corporate real estate (CRE), including facilities management. Areas of focus include a range of services on how corporations can better structure and deliver CRE services through novel technology and high-performance outsourcing relationships. With a global presence, Trascent’s solutions help clients pinpoint strategic opportunities and implement transformational initiatives, leveraging global and in-region market intelligence, and proven methodologies. Trascent’s clients span over 20 industries, including life sciences, financial services and technology. www.trascent.com
About Gulaid Holding
Founded in 1993 by Mr. Ahmed Gulaid, Gulaid Holding is a pivotal force in advancing Saudi Arabia’s 2030 Vision through its active involvement in various industries such as Mining, Sustainability, Asset Management, Facilities Management and Leisure. The company is built on a foundation of integrity and is dedicated to leading through innovation and ethical practices. Committed to value creation through strategic Shariah-compliant investments, Gulaid Holding enhances industry standards and drives both economic and social advancements across the Kingdom, managing significant assets in the Kingdom of Saudi Arabia, other Countries within the GCC and the UK.
CONTACT: Yvonne Liu, Managing Director, Marketing, Trascent, [email protected], +1 646 295 4299
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View original content:https://www.prnewswire.co.uk/news-releases/trascent-and-gulaid-holding-launch-trascent-arabia-to-meet-demand-for-facilities-management-excellence-in-saudi-arabia-302268332.html
Integrating Alternative and Bank Capital on One Powerful Servicing Platform
NEW YORK, Nov. 21, 2024 /PRNewswire/ — GSCF, a leading global provider of working capital solutions, today announced the launch of its enhanced cloud-enabled liquidity management platform and the creation of the Connected Capital ecosystem. Developed on a fully modernized technology stack, this innovative platform is designed to support a financing ecosystem that seamlessly connects alternative capital and bank financing.
GSCF’s highly configurable technology platform is unique as a one-stop solution for optimizing financial operations and accelerating growth, empowering companies and their funding partners to manage the end-to-end working capital cycle. The integration of funding sources can benefit a wide range of companies seeking to complement their core bank funding with access to alternative capital, including large investment grade enterprises and extending to mid-sized companies operating in riskier jurisdictions and industry verticals.
GSCF activated its Connected Capital ecosystem through a multi-year development program aimed at modernizing and consolidating its servicing and funding platforms. The Company has now completed the migration of its currently supported working capital programs, representing approximately $60 billion in annual funding volume, onto the new Connected Capital platform which provides:
- Full-Scope Risk Coverage: One platform that offers broad-spectrum risk coverage by combining the flexibility of alternative capital solutions with the efficiency of bank funding
- Tailored Solutions to Unlock New Growth: Co-creation of custom working capital programs to meet the unique needs of a business
- Actionable Insights: A powerful data warehouse supporting advanced analytics tools that dynamically enhance working capital decision-making and provide real-time insights into performance
- Expert Managed Services: Experienced professionals capable of addressing complex program requirements and delivering efficiency through automated workflows and streamlined operations
“By leveraging our cloud-enabled platform and deep industry expertise, we are empowering organizations to unlock the full potential of their working capital strategies,” said Doug Morgan, GSCF’s Chief Executive Officer. “Our advanced platform provides a seamless and efficient way to tailor funding to meet specific needs, enabling our clients to focus on their core business and access the capital needed to fuel expansion.”
With this significant technology investment and by combining the power of funding and servicing, GSCF has further extended the scope of the Working Capital as a Service (WCaaS) solutions it delivers to corporate customers and their funding partners to address real-time liquidity in a manner that supports sustainable growth. It also positions GSCF to meet the needs of currently underserved sectors, including mid-size companies that currently lack access to capital sources which fit their specific risk profile.
About GSCF
GSCF is the leading global provider of working capital solutions. The company empowers companies and their financial institution partners to accelerate growth, unlock liquidity and manage the risk and complexity of the end-to-end working capital cycle. GSCF’s innovative Working Capital-as-a-Service offering combines the power of an end-to-end Connected Capital technology platform with expert managed services and alternative capital solutions. GSCF’s team of working capital experts operates in over 75 countries, offering a truly global and holistic perspective to solve working capital efficiency challenges. Visit www.gscf.com to learn more.
Contact Information:
GSCF
Natalie Silverman
Chief Marketing Officer
[email protected]
(609) 577-5083
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View original content:https://www.prnewswire.co.uk/news-releases/gscf-launches-connected-capital-with-next-gen-working-capital-management-solution-302313195.html
UK tech company Zenoo sees AI as key component to greater efficiency as it expands its offering to small businesses
CAMBRIDGE, England, Nov. 21, 2024 /PRNewswire/ — Over the last few years digital onboarding provider Zenoo has been exploring the use of AI to refine and improve its services and it has now become a key component in its evolution goals.
The company has already improved team performance by using AI to improve internal efficiency with automated meeting notes and follow up, plus the production of draft technical and contract documentation.
It has also explored the use of AI in automating routine coding tasks; as a natural language to code generator; and in code reviewing and debugging.
In addition, the use of AI is aiding Zenoo in opening up its services to smaller businesses as it allows the organisation to be more cost effective and reduce the time it takes to complete projects by around 35%. It does this by relieving developers of routine work and allowing them to focus on added value and innovative areas within product development. The net result for customers is an overall cost reduction.
Zenoo UK managing director George Taylor said: “Zenoo will continue to focus on AI as a cost effective way to expand and scale the business over the coming years.”
Next year, Zenoo will employ a specific team tasked with staying ahead of curve in AI development and identifying further ways it can improve business performance and customer offerings.
About Zenoo
Zenoo specialises in the remote onboarding of customers for international companies to help them improve their conversion rates, breaking down barriers and making it easier for their customers to open accounts online.
Visit partner.zenoo.com for further information.
Media enquiries
Contact Bruce Ackland on +44 7884 076548 or email [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/zenoo-refining-services-with-ai-302313194.html
DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences.
Since its launch in Jan. 2022, Bybit P2P has consistently provided a user-friendly platform for users seeking a safer way to participate in the digital asset class. The services are offered at no costs for merchants and takers in P2P transactions:
- Merchants: Merchants may post advertisements on Bybit P2P for free.
- Takers: Users may place an order through advertisements listed on the P2P platform at no costs. The offer stands across all fiat trading pairs. Third-party fees may incur depending on the payment method chosen, as the payment providers may charge a transaction fee.
P2P Fee Structure (Africa)
|
Taker Fee (Sell Page) |
Maker Fee (Sell Page) |
|
|
Bybit |
0 % |
0 % |
|
Competitor B |
0.5% on completed orders for certain trading pairs |
0 % |
In addition, Bybit has launched an exciting P2P Coupon Giveaway Campaign from now to Jan. 15, 2025. As part of this initiative, users can earn a share of up to 20,000 USDT in rewards by completing tasks such as depositing $100 or trading $50,000 through Bybit P2P. The rewards will be in the form of Bybit P2P coupons to be redeemed in the next purchase, making the zero-fee transactions an even better deal for winners.
“Bybit’s steadfast commitment to contributing to financial inclusion comes in all forms, and keeping our P2P services free for as long as we can, and for as many users as possible, is one of the ways to support the crypto community,” said Joan Han, Sales and Marketing Director at Bybit. “When users come to our platform with the hopes of generating income on their assets, we want to play a supportive role in helping them reach their personal financial goals,” she added.
P2P on Bybit offers an intuitive and cost-effective peer-to-peer trading platform, facilitating the buying and selling of two users’ holdings at an optimal, agreed-upon price between them. With Bybit P2P, users stand to benefit from Bybit’s enterprise-level security and advanced features including comprehensive built-in KYC and KYB verification mechanisms, rigorous asset management protocols, and 24/7 customer service.
Find out more about the event and eligibility at Bybit P2P.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-waives-p2p-transaction-fees-for-users-in-africa-302313124.html
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