PNY Technologies Restructures MEA Operations
PNY Technologies has announced a strategic restructuring of its operations in the Middle East and Africa (MEA). The move aims to support continued growth across its consumer and professional product lines.
As part of this transition, PNY Technologies is establishing two dedicated business divisions. The Channel Division will be led by Talus Arukalil. It will focus on strengthening distribution channels for NVIDIA graphics products, including NVIDIA GeForce and NVIDIA RTX Pro. It will also manage retail storage solutions such as SSDs, DRAM, flash cards, and USB drives.
The Compute Division will be managed by Muhannad Hammad. This unit will concentrate on business development for AI infrastructure and professional services. It aligns with rising demand for NVIDIA-powered computing solutions in the region.
PNY Technologies reported that this reorganization follows the recent opening of a new regional office in Saudi Arabia. The office is intended to reinforce the company's long-term presence in the MEA market.
In addition, PNY Technologies has appointed dedicated Key Account Managers to enhance local support and regional coverage: Gader Muhsen will cover North Africa
Saqer Alanazi will handle Saudi Arabia
Kagiso Diteko will manage East and Southern Africa
Furthermore, the company revealed the appointment of Ahmed Gamal as Business Development Manager, AI Solutions. He will be based in Dubai, UAE. PNY Technologies stated that his role is designed to strengthen delivery of AI solutions and support for strategic partners in the region.
Through this restructuring, PNY Technologies aims to enhance focus on both channel growth and AI business development while improving customer engagement across MEA.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
What's On
5 hours ago
- What's On
Dubai is going fully cashless and here's what it means for your everyday life
If you love the feel of cold hard cash in your hands, enjoy it while you still can, because Dubai is going fully cashless. That's right, the clink of coins and shuffle of dirham notes is on its way out as the emirate ramps up efforts to make digital payments the norm across every corner of city life. By 2026, Dubai aims for 90% of all transaction, from your shawarma stop to government fees, to be digital. It's all part of the Dubai Cashless Strategy , a sweeping initiative launched in late 2024 to fast-track digital adoption and push the city into the top five most cashless cities in the world by 2033. The upside? Faster transactions, smoother travel, and more convenience for residents and visitors alike. The move is also expected to inject Dhs8 billion annually into Dubai's economy, according to government estimates. Dubai Finance and Network International sign a MoU to support the implementation of the Dubai Cashless Strategy. The transformative initiative aims to position Dubai among the top five cashless cities by 2026. — Dubai Media Office (@DXBMediaOffice) July 10, 2025 What's already happening A nearly cashless commute Dubai's RTA is already 97% digital in government transactions, with Dhs4.4 billion in digital revenues from 679 million+ rides in 2024 alone . Most recently, metro and tram stations now have cashless Nol top-up machines, reducing transaction time by up to 40%. Tap, ride, repeat Taxis now accept QR-code payments, and free Wi‑Fi across buses and marine stops supports digital integration during commutes . Fintech is fueling the shift Workshops, partnerships, and symposia, including RTA + Visa's 'Fintech Beyond Mobility' event—are fast-tracking AI-powered payment tools and public transport innovation . Why Dubai is embracing a cashless world Faster, smoother experiences — Digital payments mean smoother rides, quicker service at cafés and stores, and convenience for tourists and residents alike. Safer, smarter economy — Less cash handling means lower fraud risk. AI and fintech integration make oversight simpler—plus it encourages innovation. Global relevance — With this strategy, Dubai hopes to crack the top five most cashless cities worldwide by 2033, further embedding the emirate in a digital-first future What comes next? 100% store-wide digital acceptance — Plan includes every shop, restaurant, and stall across Dubai. Palm-vein payments — The next big leap in contactless: paying with your palm, no wallets needed. AI and contactless everywhere — From bus stops to bill payments, Dubai is pushing seamless transactions and AI-based user experiences. So, when will you stop using cash? By 2026, the plan is for nearly every payment, from your metro fare to your oud incense, to be handled digitally. Want to stash or spend your coins before then? We'd suggest a mini-coffer raid but soon, digital will dominate. Dubai is building that seamless, tap-and-go lifestyle that matches its futuristic skyline. And whether you live here or just visit, getting ready for a cashless experience will keep you ahead of the curve. > Sign up for FREE to get exclusive updates that you are interested in
Zawya
2 days ago
- Zawya
Trump's tariff barrage knocks Wall St futures lower
U.S. stock index futures fell on Friday as President Donald Trump launched fresh salvoes in his tariff offensive, rattling investors ahead of earnings season next week. Trump said on Thursday the U.S. would impose a 35% levy on imports from Canada next month. The U.S. president also floated a blanket 15% or 20% tariff rate on other countries, a step up from the current 10% baseline rate. He said the European Union would soon receive a formal letter later in the day, as the bloc scrambles to strike a deal with Washington. At 5:00 a.m. ET, Dow E-minis were down 238 points, or 0.53%, U.S. S&P 500 E-minis were down 33.25 points, or 0.53%, and Nasdaq 100 E-minis were down 109.5 points, or 0.48%. Markets have remained largely subdued this week, with the only highlight being Nvidia becoming the first company to breach the $4 trillion valuation milestone. The S&P 500 and tech-heavy Nasdaq are on track to end the week little changed, while the Dow looks set to snap its three-week winning streak - the longest since January. Analysts are noting a growing sense of resilience among investors, who seem to be getting used to Trump's tariff threats. Market moves in response to new tariff announcements are far less choppier than the turbulence of early April's "Liberation Day" announcements. While investors are firmly glued to latest developments on tariffs, the upcoming earnings season will offer clues on how trade uncertainties are affecting corporate results. Wall Street's big banks are scheduled to report quarterly results next week, with J.P Morgan kicking off the earnings season on Tuesday. The coming week is also packed with economic data releases, including consumer and producer price inflation and retail sales. Cryptocurrency stocks ticked up as bitcoin rose to a record high. Coinbase Global rose 2.4%, while Bitfarms gained 5.1%. Strategy and Riot Platforms advanced over 3.3% each. (Reporting by Pranav Kashyap in Bengaluru)
Arabian Post
2 days ago
- Arabian Post
Nvidia is the dream stock of our lifetime!
Matein Khalid I had flagged Nvidia in this platform as a must own chip stock on the eve of the AI revolution just before its historic Q2 earnings call in May 2023. Fast forward two years and Nvidia earnings are up 10X while its share price is up 8X since my post as it flirts with a $4 trillion market cap that awaits if the shares trade at 163 (they will, Sugar Daddy Jensen and Masa-san willing LOL). Taco Tuesday actually boosted demand for the shares when it dipped to 157. NVDA was a no-brainer winner from the thaw in US-China trade relations in Geneva/London meetings in June and Trump's wildly successful trip to the Gulf when Trumpster set up the ultimate sovereign AI bonanza for Jensen, aka Abu Chipster. Yet Nvidia is no longer the world's top GPU vendor but an 'AI algorithm colossus' as Jensen Huang prefers to call it. ADVERTISEMENT Fundamentals are still massively aligned with NVDA whose full stack model will be goosed by the AI revolution's impact in software, networking, cloud, digital infrastructure, AV and robotics. Never in the history of a Silicon Valley as a company this big exhibited revenue growth of 60% and EPS growth of 46% as NVDA does now. On the charts, NVDA's 65% surge since its post Liberation Day slump is the mother of all technical breakouts and I have seen nothing like this in any other mega cap I have ever traded on Nasdaq. If the market breaks on another Trump induced temper tantrum on Powell, trade, Musk or geopolitics and the Volatility Index, just above 16 a mere two sessions after Taco Tuesday, so quiero salsa muy caliente por favor el Presidente Trump! If NVDA trades down to 145, its forward valuation will be 25.9X, an optimal entry point for me for a 200 target. The adoption of AI reasoning model, AV/agents accelerates demand growth for next-gen Nvidia GPU product launch cadence and thus EPS growth. No wonder OpenAI, Google Gemini, Anthropic and xAI have all released reasoning capable, multi-noodle AI models that make me sure that my CBOE options based bullish strategy on NVDA is on the money. At $4 trillion, Nvidia's market cap is equal to India's GDP, 4X Saudi Arabia's GDP, 8X UAE GDP and more than the entire sector market cap of energy and consumer staples in the S&P 500. Yet in my risk/reward calculus, there is still money to be made in the ultimate gold rush this planet has ever seen since the adoption of electricity 125 years ago. As Britain's SAS motto goes, 'who dares, wins!', so it was with NVDA. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
