Egypt: Capgemini fosters AI-powered business by acquiring WNS in $3.3bln deal
Valued at $3.3 billion ($76.50 per share), the acquisition anchors Capgemini's position as a global leader in Agentic AI-powered Intelligent Operations.
Under the partnership, the two entities will combine WNS's sector-specific platforms and automation expertise with Capgemini's consulting-led AI and cloud capabilities.
The integration gathers Capgemini's consulting-led digital transformation expertise and WNS's industry-leading Digital BPS capabilities, offering unmatched scale and innovation potential.
Meanwhile, the deal is expected to be accretive to Capgemini's normalized earnings per share (EPS) by 4% in 2026 and 7% in 2027 post-synergies.
This milestone bolsters Capgemini's leadership in AI-driven business transformation, empowering enterprises with intelligent automation and next-generation process innovation.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Emirates 24/7
13 minutes ago
- Emirates 24/7
Towards an Inclusive Social Strategy: 70 representatives from 27 entities co-design Dubai's Social Sector Strategy 2025–2033
In a strategic step reflecting Dubai's commitment to collaborative governance, the Community Development Authority (CDA) hosted a wide-scale co-design workshop that brought together around 70 representatives from 27 local and federal government entities to contribute to shaping the future vision of Dubai's Social Sector Strategy 2025–2033. The session featured interactive dialogues and technical discussions, during which participants shared valuable insights and field-based expertise, enriching the strategy's outputs and ensuring their alignment with the real needs of the community. This workshop marks the first phase of a three-stage strategy development process taking place throughout July and August. The initiative aligns with the objectives of Dubai Social Agenda 33, Dubai Plan 2033, and the 'We the UAE 2031' vision, reinforcing Dubai's mission to place human wellbeing at the heart of every development effort. Human-Centric Strategic Outcomes The upcoming strategy is built around tangible outcomes focused on the individual, the family, and the wider community: • Personal Wellbeing: Enhancing the psychological and social health of individuals • Family Cohesion: Strengthening the nurturing and supportive role of families • Community Belonging: Empowering every individual to participate and contribute meaningfully to society The strategy also places strong emphasis on leveraging technology, digital transformation, and artificial intelligence to reimagine the delivery of social services—enabling faster, more precise responses to societal needs and enhancing the overall user experience. A Renewed Vision for a Resilient and Cohesive Society Building on past achievements, the strategy aims to expand its reach and impact through: • Strengthening societal resilience, empowering families to adapt to emerging challenges • Transitioning from traditional care models to social investment that values community contribution and ensures sustainability • Reinforcing national identity and belonging, particularly amid digital and social transformations • Addressing cost-of-living pressures for low- and middle-income families Collective Commitment to a Sustainable Social Future Speaking at the workshop, Her Excellency Hessa bint Essa Buhumaid, Director General of the Community Development Authority, highlighted the importance of inclusive participation in building Dubai's social future: 'Shaping the future of the social sector is not achieved through decisions alone—it requires dialogue, participation, integration, and the courage to ask difficult questions. This strategy is more than just a working document; it is a sincere call to renew our commitment to people and society, and to pursue development pathways that are more inclusive, equitable, and sustainable.' Her Excellency added that adopting a co-design approach reflects the Authority's belief that lasting solutions come from within—from ordinary citizens, practitioners, and experts alike. She praised the active role of participating entities in proposing innovative ideas that meet the aspirations of today's community and tomorrow's generations. A Co-Created Strategic Roadmap The development process consists of three main phases: 1. Situational analysis and future foresight 2. Designing key pillars, initiatives, and performance indicators 3. Building an integrated implementation plan and roadmap Each phase will include direct engagement with stakeholders through technical workshops, interviews, and field visits to ensure the development of a practical and actionable strategy with measurable impact on individuals, families, and communities. The CDA affirmed that the strategy represents a long-term commitment to human wellbeing and reinforces Dubai's global position as a model for building cohesive, inclusive, and future-ready societies.
Khaleej Times
13 minutes ago
- Khaleej Times
Can gold be classified as an 'alternative asset' within an investor's portfolio?
In recent years, institutional investors have increasingly turned to alternative assets in pursuit of higher returns, broader diversification, and insulation from traditional market cycles. Yet, these benefits often come with trade-offs — namely, limited liquidity, delayed valuations, and vulnerability to economic shocks that may not be immediately priced in. Against this backdrop, a recent World Gold Council report suggests a rethinking of gold's role—not just as a traditional safe haven, but as a strategic component within the evolving landscape of alternative investing. While gold is not always classified as an 'alternative asset,' it possesses characteristics that make it uniquely suited to complement such portfolios. It is highly liquid, exhibits low correlation with most asset classes, and has a proven track record of resilience during periods of systemic stress. These attributes position gold as a natural counterbalance to the illiquidity and opacity that often characterise private market investments. To quantify gold's value in a diversified portfolio, the report employs a robust Monte Carlo simulation using 20 years of historical data. The findings are clear: portfolios that include a 5–8 per cent allocation to gold consistently outperform those without it in terms of risk-adjusted returns. Gold reduces volatility, cushions drawdowns, and enhances overall portfolio efficiency. For example, in a 20-year simulation, portfolios with gold experienced a maximum drawdown of –38.8 per cent, compared to –43.2 per cent without it. Even in shorter timeframes, gold's inclusion improved Sharpe ratios and reduced downside risk. 'To investors, public and private markets exist along a continuum of liquidity, returns, and volatility. The difference is one of timing and access. Gold exists in this continuum, not because it mimics public or private assets, but because its attributes bridge across both,' said Marissa Salim, Senior Research Lead, APAC at the World Gold Council. The analysis goes further by stress-testing portfolios under four macroeconomic shock scenarios: rate hikes, inflation spikes, equity crashes, and credit spread widening. In every case, gold helped reduce portfolio losses by 50 to 90 basis points. These results underscore gold's role as a reliable shock absorber—especially when both traditional and alternative assets come under simultaneous pressure. But gold's value extends beyond numbers. The report introduces the concept of a 'portfolio continuum,' where public and private markets are not seen as binary choices but as points along a spectrum of liquidity, returns, and volatility. In this continuum, gold serves as a bridge. It trades with the immediacy of public markets yet offers the defensive stability often sought in private strategies. This duality makes gold particularly valuable in today's environment, where private market liquidity is tightening and exit timelines are lengthening. Indeed, the report highlights a notable slowdown in private market deal activity and IPOs, which has created a bottleneck in capital redistribution. Innovations like GP-led secondaries and continuation funds are emerging to address these challenges, but they do not eliminate the underlying issue: capital remains locked for longer, and access to cash is less predictable. Gold, by contrast, provides immediate liquidity and flexibility—qualities that are increasingly scarce in private markets. In essence, gold is not a replacement for private credit or equity, but a strategic complement. It addresses the blind spots of alternative investments—liquidity constraints, valuation lags, and delayed responses to market stress. As portfolios become more complex and span a wider range of asset classes, gold offers a quiet but powerful form of stability. It is the connective tissue in a portfolio that must perform across cycles, across asset types, and across market regimes.
Channel Post MEA
43 minutes ago
- Channel Post MEA
Presight And Abu Dhabi Police Join Hands For AI-enabled Law Enforcement
Presight has entered a strategic cooperation agreement with Abu Dhabi Police General Headquarters (GHQ) to develop cutting-edge artificial intelligence technologies for law enforcement. During a signing ceremony, Presight and Abu Dhabi Police jointly expressed their shared commitment to use AI to enhance law enforcement capabilities, advance public safety, and foster the development of secure, intelligent urban environments. Attending the ceremony was His Excellency Ahmed Saif bin Zaitoon AlMheiri, Commander-General of Abu Dhabi Police, His Excellency Mansoor Al Mansoori, Member of the Abu Dhabi Executive Council, Chairman of the Department of Health – Abu Dhabi, and Vice Chairman of Presight; Thomas Pramotedham, CEO of Presight; and Dr Adel Al Sharji, COO of Presight, and Mohammed AlMheiri, Chief Business Officer – Public Safety & Security. The collaboration aims to integrate the capabilities of Presight's AI-Policing Suite – a modular, future-ready solution that leverages Generative AI, AI agents, and advanced data analytics – with Abu Dhabi Police's operational excellence to address modern challenges in policing and smart city development. The partnership will accelerate the deployment of intelligent systems that enable proactive crime prevention, real-time threat detection, digital forensics, and predictive analytics. Major General/Engineer Nasir Sultan Al-Yabhouni, Director of the Leadership Affairs Sector at Abu Dhabi Police, said: 'Our partnership with Presight helps us benefit from world-leading artificial intelligence technologies that will enhance our policing capabilities and take them to new heights. This collaboration supports our efforts to maintain public safety through innovation, which means strengthening our officers' ability to respond faster, make smarter decisions, and make Abu Dhabi a safer and more secure place.' Mohammed AlMheiri, Chief Business Officer – Public Safety & Security, Presight, said: 'This strategic agreement marks a pivotal moment in the evolution of AI-driven public safety. Presight, together with Abu Dhabi Police, are enabling a new era of proactive, data-driven law enforcement, which will drive a shift towards applied intelligence-led policing defined by enhancements in decision-making and operational agility. Our platform's intelligent digital investigator, real-time threat detection, and predictive analytics capabilities empower officers to anticipate and respond to challenges with unprecedented speed and precision. Together, we are shaping a future where cities are not only smarter, but fundamentally safer.' This strategic alliance supports the transformation of public safety infrastructure, enabling enhanced decision-making and streamlined emergency response. The joint efforts will also explore innovative models to modernize law enforcement practices, emphasizing ethical AI usage and data-driven policing. The partnership is a significant step forward in realizing Abu Dhabi's vision of a future-ready, AI-enabled smart nation, reinforcing its position as a global leader in technology adoption and urban safety.
