Looking back to the GITEX 2024 expo in Dubai where Aladdin Tech established valuable connections with global tech leaders. A key highlight was their meeting with the Al-Mahmudi Investment Group, where the two organisations explored potential synergies. This interaction underscored a shared vision for advancing technology-driven solutions, paving the way for a strategic partnership aimed at driving growth in emerging markets.

After numerous follow-up meetings, Aladdin Tech flew back to Dubai in December to meet with the senior leaders at Al-Mahmudi where they signed a significant partnership with the Al-Mahmudi Foundation under the visionary leadership of CEO Muhammad Al-Mahmudi. This collaboration marks a transformative step in Aladdin Tech’s mission to innovate within high-potential, future-oriented industries and aligns perfectly with the Foundation’s investment philosophy.

Accelerating Growth in Dynamic Industries

“This partnership reflects our shared commitment to driving growth in industries that demonstrate strong future potential,” said David Aldridge, CEO of Aladdin Tech. “Al-Mahmudi’s investment underscores their belief in our innovative WinWinPay platform and its ecosystem-focused approach. From staking models to secure and anonymous transactions, our platform exemplifies the future of digital economic solutions.”

The Foundation has identified WinWinPay as one of the most valuable investments of 2024, highlighting its focus on the entertainment and iGaming sectors, which are poised for rapid growth in the Middle East.

Unlocking Regional Opportunities

As Middle Eastern policies begin to support iGaming development, Aladdin Tech and the Al-Mahmudi Foundation aim to capitalise on this emerging market. “The Middle East’s unique position as a hub between Asia and Europe offers unparalleled opportunities,” said Aldridge. “With Al-Mahmudi’s support, we can address regional challenges, enhance our market presence, and pursue global expansion.”

A Vision for Shared Success

This collaboration extends beyond financial support. Together, Al-Mahmudi and Aladdin Tech are committed to creating an ecosystem of shared success. By integrating the Foundation’s expertise with Aladdin Tech’s innovative platforms, this partnership will generate substantial value, advancing both organisations’ goals and contributing to the region’s burgeoning digital economy.