Monstarlab, the Japanese technology leader, has announced it will invest $10 million in the Middle East and North Africa (MENA) region over the next five years. The investment comes as part of a continued commitment to the regional market, focusing on developing advanced capabilities and job opportunities for technology talent. Monstarlab will deliver enhanced training, hiring and coaching of people in the region as the company aims to support regional skills and business opportunities.
Backed by a $30 million fund from the Japanese government, Monstarlab will invest at least a third of this amount on regional initiatives such as strategic partnerships and mergers and acquisitions in key markets, including the UAE and KSA. Through its focus on attracting the world’s best strategists, engineers, and designers, Monstarlab will drive economic diversification and job opportunities through the delivery of transformation initiatives requiring custom development and advanced technologies.
Backed by a $30 million fund from the Japanese government, Monstarlab will invest at least a third of this amount on regional initiatives
Hiroki Inagawa, Monstarlab Global CEO, commented: “Our goal is to empower talent through the use of pioneering technology, innovation and engineering. The MENA region is one of the leading global markets for digital transformation, and Monstarlab is uniquely positioned to help transform companies, societies and communities through the creation of immersive experiences and customer-centred design. Developing regional talent will be a key focus of ours as we work towards supporting localisation and nationalisation of skills and capabilities. We are proud to announce this investment and commitment to the region and look forward to developing long-term partnerships.”
Monstarlab will utilise its global expertise and cutting-edge technologies to create greater benefits for businesses, communities, people, and talent within a number of sectors, including government, banking & financial services and tourism. Monstarlab has already delivered successful projects for many customers in the region, including Careem, for which Monstarlab built and launched the Careem Now platform pre-acquisition. The Japanese technology leader has also worked with Kerzner International, having built and operated their online booking platform for Atlantis The Palm and the One&Only resorts.
“Developing regional talent will be a key focus of ours”
Monstarlab recently completed an extensive rebranding effort in response to rapid company growth and a renewal of its positioning. The relaunch of Monstarlab’s corporate identity includes a change of name for multiple agencies and consultancies acquired over the last five years, in addition to a refreshed visual identity.