YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: A2AP0L) (“YDreams Global” or the “Company”), a creative and technology supplier for Fortune 500 brands such as Cisco, Qualcomm, Intel and Coca-Cola, would like to announce that it is now an official partner of the SEED Group, a group of diversified companies owned and chaired by The Private Office of Sheikh Saeed Al Maktoum, who is the cousin of the current ruler of Dubai.
Over the past 16 years, the SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa region through the support and strong base of regional connections of the SEED Group. The group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the GCC. The SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses more rapidly.
The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in potential business opportunities in the region which meet The Private Office’s investment criteria.
Daniel Japiassu, CEO of YDreams Global, traveled to Dubai to represent the Company and sign the Cooperation Agreement with Mr. Hisham Al Gurg, CEO of the SEED Group.
“We are very excited about the potential of this strategic partnership with YDreams and are very proud to introduce their hyper-innovative offering into the region. At SEED Group we specialize in assisting unique firms, like YDreams, with establishing a presence in the United Arab Emirates as they expand beyond their home markets. UAE is fast building its reputation as icon for innovation and creativity making companies like YDreams, which is a natural fit into the country’s national innovation strategy,” stated Mr. Hisham.
Mr. Japiassu said about the Cooperation Agreement, “Negotiations have been ongoing since our last trip here, when we had the pleasure of meeting the SEED Group and their great team. We see Dubai as a perfect fit for our expansion plans. It’s a unique ecosystem that thrives in innovation and is always seeking top companies to work with. There are several fields that we will explore and this partnership may bring us close to incredible opportunities. Some of the most creative and ambitious projects in the world are in the UAE. Being part of it was one of our main targets for 2017.”
Dubai will host one of the most important events of the 21st century, the Expo 2020, when the city will become the center of the world. Many millions of visitors are expected between its opening day in October 2020 and its closing date in April 2021.
Daniel Japiassu was accompanied by Mr. Omar Halloum, who will be working closely with the SEED Group in new business and relationship development in Dubai and Qatar.
YDreams Global announced on March 15, 2017 that Mr. Omar Halloum has been appointed a consultant to the Company to be the primary liaison for the Middle East and South West Asian countries. Mr. Halloum has been instrumental in negotiating contracts worth over $350 million dollars to date including working directly with or on contracts with companies such as Northrop Grumman, Honeywell, Saudi Aramco and many more throughout the Middle East region.