Hyke

Building the business landscape of tomorrow

 

Fuelled by technological diversification and praised for its logistics-led response to the Covid-19 pandemic by the International Monetary Fund IMF), the UAE is well-positioned to lead the Gulf’s rebound in economic activity. Q3 2022 marked the fifth consecutive quarter of increase in consumer spending which rose by 20% year-over-year in the first nine months of 2022 whilst the UAE’s effort to attract international brainpower and create an ecosystem of talent can be credited for the sharp rise in e-commerce and other non-oil sector sales.

The UAE’s telecommunications sector is key to the country’s renowned sector-wide infrastructural resilience. As early as 2013, UAE leaders set an ambitious goal to make all government services accessible on mobile devices, and by 2015, 96% of government departments had successfully gone mobile. Today, the UAE has one of the fastest median download speeds on 5G networks and one of the highest fixed broadband speeds, allowing companies from across the country to grasp Industry 4.0 and loT opportunities.

Startedinagaragein 1997asamobile phone distributor, Axiom Telecom grew to become the biggest mobile technology distributor in the UAE and KSA, and a leading authorised distributor for well-known brands like Apple, Samsung, Huawei, and Nokia, and others.