NMK Electronics and SRS Group to expand power and lighting solutions across GCC
NMK Electronics has announced a strategic partnership with global manufacturer SRS Group to distribute advanced power distribution, rigging and lighting technologies across the Gulf Cooperation Council (GCC) countries, including the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.
SRS Group, known for its innovative technology in the live events and installation sectors, selected NMK Electronics after an extensive search for a regional partner. The decision was influenced by NMK's industry reputation, technical expertise, and strong regional presence. Initial discussions between the companies began during the SLS Show in Saudi Arabia in 2024 and were solidified at ISE 2025, where both sides aligned on a mutual vision for growth.
Samuel Sloboda, CEO of SRS Group, said: 'We're excited to partner with NMK for the Middle Eastern market. Their dynamic team, expertise, and shared values make them an ideal fit for our brand. We look forward to a successful collaboration and to building strong connections across the region.
This strategic partnership strengthens NMK's power, rigging, and lighting portfolio while expanding its reach across live events, rental, venue installations, and fixed applications positioning both companies for long-term regional success.
Curtis Seed, Brand Manager at NMK Electronics, added: 'This announcement marks a commitment from NMK to deliver class leading Power, Lighting and Rigging solutions to the Middle Eastern market. We are proud to represent SRS Group in this region and look forward to our future growth together.'
The collaboration reflects a joint commitment to quality, innovation, and sustainable growth across the regional AV industry.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 hours ago
- Zawya
South Africa: Govt allocates $158mln to mineral, petroleum resources
The Department of Mineral and Petroleum Resources has allocated 2.86bn for the 2025/26 financial year, of which R1.16bn will be transferred to public entities, municipalities, and other implementing institutions to 'enable them to fulfil their constitutional mandates'. Mineral and Petroleum Resources Minister Gwede Mantashe delivered the department's budget vote in Parliament on Wednesday, 2 July 2025. The budget Some specific projects to receive funding include: - R134.7m for the rehabilitation of derelict and ownerless mines implemented by Mintek. - R22.4m for the Mine Rehabilitation Research Project implemented by the Council for Geoscience. - R32.3m allocated to the CGS for the Mine Water Ingress Project. - R46.1m allocated to the Petroleum Agency South Africa (Pasa) for the implementation of the Shale Gas Project. A sunrise industry In his written remarks, Mantashe explained that Mintek – the country's national mineral research organisation – has completed a study on the state of mining in the country and the Critical Minerals and Metals Strategy for implementation, which shows great potential in the industry. 'Having produced individual commodity reports on 21 minerals, the critical minerals strategy shows that minerals, such as platinum, manganese, iron ore, coal and chrome ore, are poised to play a critical role in the South African mining industry and the economy for the foreseeable future. 'In contrast to the sceptic view that the South African mining industry is a sunset industry, with the comprehensive and up-to-date insights into key developments within global commodity markets, mineral production trends in South Africa and the mining sector's contribution to the economy, we are now more convinced than ever that the South African mining industry is a sunrise industry. 'This mining frontier is filled with exciting opportunities for investors and the economy,' he said. Mantashe acknowledged that the industry is operating in a challenging global landscape. Despite these challenges, including escalating trade tensions, evolving geopolitical relationships and the US's imposition of tariffs on some mineral exports, the industry remains a strong contributor to the national GDP. 'Despite the challenging global environment, mining gross value-added rebounded by 0.3% in 2024, from a 0.5% decline in 2023. Effectively, in rand terms, 2024 saw the mining sector contributing R451bn to the country's GDP, thus sustaining the 6% total contribution to the GDP. 'In the same period, the mining industry's export earnings totalled R674bn, comprising R586.4bn from primary minerals and R87.5bn from processed minerals, representing a decrease of 0.6% from R678bn in 2023,' the minister said. Meet needs of exploration community The minister highlighted that the sustainability and future of mining in South Africa are dependent on new mineral discoveries, making the Junior Mining Exploration Fund critical for discovery and transformation. 'Established through a R200m allocation from National Treasury, matched by the Industrial Development Corporation (IDC), this fund is poised to unlock new mineral discoveries and drive transformation. The first funding call has already resulted in the signing of legal contracts with Black-owned junior miners. 'As the country navigates the natural decline of legacy commodities like gold, this fund will enable the discovery of new minerals that are essential for a range of industries, from advanced manufacturing to technology and infrastructure development. 'Expanding this fund is not just an investment in new mining frontiers but a commitment to ensuring that our mineral wealth contributes to a more inclusive and transformed industry,' he insisted. Mantashe noted that, for its part, the Council for Geoscience (CGS) has implemented its Integrated and Multi-Disciplinary Mapping Programme to expand its onshore mapping coverage to meet the needs of the exploration community. 'This work provides the fundamental basis to outline the mineral potential and geological systems at an enhanced scale, allowing for greater clarity to focus on exploration initiatives. 'For the 2025/26 financial year, the CGS will continue with the implementation of this backbone programme, both onshore and offshore, to make available key pre-competitive geological data, information and knowledge for considered investment in minerals exploration,' he said. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Zawya
4 hours ago
- Zawya
South Africa: SME confidence rises in 2025, challenges remain
According to the Business Partners SME Confidence Index, South African SMEs are increasingly optimistic in 2025, with more business owners viewing the economy and government efforts as supportive of growth. However, cash flow, economic conditions, and limited funding continue to constrain growth. The index shows 86% of SMEs consider access to finance critical, 85% need targeted business resources, and 83% cite mentorship as important. Policy adjustments underway to aid SME growth Business Partners Limited highlights that the National Small Enterprise Amendment Act aims to simplify access to financial and non-financial support by cutting bureaucratic hurdles. The company adds that while legislation is a positive step, private sector involvement remains crucial to provide capital, mentorship, and networks entrepreneurs need. Entrepreneur of the Year Awards open for entries Business Partners Limited announced that the 37th annual Entrepreneur of the Year Awards opened on 1 July 2025, inviting SME owners to apply across three categories: Emerging Entrepreneur, Small Business Entrepreneur, and Medium Business Entrepreneur. Five finalists will be selected in each, with special awards for job creation and innovation depending on entries. Winners will be announced in October 2025 and will share R2m in prizes including cash, mentorship, technical assistance, and business exposure. Global exposure linked to upcoming summits Business Partners notes that South Africa's hosting of the 2025 G20 and B20 summits in November offers award winners an opportunity to engage with global decision-makers. The summits represent economies covering 85% of global GDP and nearly 80% of international trade, providing a platform to build cross-border partnerships and expand market reach. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
ME Construction
9 hours ago
- ME Construction
ANAX Developments brings ELLE's first residential project to the Middle East
Property ANAX Developments brings ELLE's first residential project to the Middle East By The project will be designed by The One Atelier, and co-creative direction will be led by ARQUINAUT Fashion and lifestyle brand ELLE – owned by the French Lagardère Group – is set to make its Middle East debut with an exclusive residential project on Dubai Islands. Developed by ANAX Developments under a licensing agreement with Lagardère News (an entity of the Lagardère Group), ELLE Residences Dubai Islands will become a new architectural and cultural landmark, said a statement from ANAX Developments. During the official signing ceremony, Satish Sanpal, Chairman of ANAX Holding, and François Coruzzi, CEO of ELLE International Licenses/Lagardère Group, announced a partnership to launch ELLE's inaugural branded residential project in the UAE. The project will be designed by The One Atelier, while co-creative direction will be led by ARQUINAUT, the international design studio that conceived the original ELLE Residences concept. ARQUINAUT will oversee both architecture and interiors. Their collaborative design approach will integrate ELLE's global aesthetic with local inspiration, crafting a unique residential narrative, the statement explained. ANAX brings local market expertise, a proven track record in luxury development, and a shared commitment to innovation and quality. The collaboration ensures that ELLE's first branded residence in the Middle East is anchored by a partner who understands the cultural nuances and high expectations of the region's discerning buyers. Together they will deliver a project that upholds ELLE's global standards of style and sophistication, while resonating authentically within Dubai's fast-evolving luxury lifestyle ecosystem, it added. 'We're thrilled to bring ELLE's iconic lifestyle to Dubai through our partnership for ELLE Residences on Dubai Islands,' said Sanpal. 'Dubai, a city synonymous with innovation, design, and global appeal, is the perfect setting for this bold new venture. This project will be a defining expression of purposeful, joyful living that reflects the essence of ELLE.' Constance Benqué, CEO of ELLE International and Lagardère News added, 'ELLE's legacy of innovation continues to define our journey, and with this next chapter, we're proud to bring the brand's style to Middle Eastern living for the first time in dynamic Dubai, one of the growing premier markets for branded residences. We're excited to unveil ELLE Residences Dubai Islands in collaboration with our esteemed partners. Blending timeless French flair with Dubai's bold energy, this second project marks a dynamic evolution, an immersive concept that invites residents to experience a unique and elevated place to call home. It reflects the forward-thinking lens of ELLE and delivers a refined lifestyle infused with joie de vivre.' 'With ELLE Residences Dubai Islands, we are working closely with the brand to craft a concept that channels ELLE's Parisian sensibility through the lens of Dubai's dynamic lifestyle,' commented Michele Galli, CEO of The One Atelier. 'This is a rare opportunity to create a project that resonates emotionally and culturally with a global audience.' Residents can expect curated interiors, exceptional wellness facilities, social and dining spaces, and a blend of fashion and functional design. Nestled on the Dubai Islands, this project offers prime beachfront access, cultural and retail hubs, and views of Dubai's skyline. ELLE Residences Dubai Islands stands as the latest iteration of ELLE's expanding lifestyle portfolio. More details, including sales timelines and unit configurations, will be unveiled in the coming months.
