The largest social networking and gaming company in the Middle East and North African region (MENA), Yalla Groups Limited (“Yalla” or the “Company,” for short) (NYSE: YALA), today declared that its Directors and the president, Mr. Saifi Ismail, had been invited to present Yalla’s unicorn tale at Expand the North Star 2023, the world’s biggest technology and startup event, which was held in Dubai in conjunction with GITEX GLOBAL. Mr. Ismail outlined Yalla’s successful long-term business plans and recapped the company’s exciting beginnings.
“We were humbled to share Yalla’s success story, company background as well as sector insights at this prestigious event, as well as pleased to showcase the distinctive benefits that the region offers for technological businesses and startups,” said Ismail.
“Yalla is firmly committed to promoting success across the information technology startup community and advancing digital growth throughout MENA. Yalla is the first UAE-based technology unicorns to list on the NYSE. To capitalize on growth prospects in the area and support the expansion of local digital economies, we will continue to seek innovations such as artificial intelligence (AI) and develop digital solutions that speak to local users’ needs.
Expand North Star brings together creators, entrepreneurs, angel investors, and tech experts to foster interactions among the startup community. Expand North Star was motivated by GITEX GLOBAL, the most recognizable large-scale tech show in the world. The two gatherings make up the world’s biggest technology show. Over 70 unicorns founders participated in vibrant debates on the key tech stories of 2023 as part of Expand the North Star 2023’s unmatched content program.
Following the sell-out success of last year’s event, the Dubai Council of Digital Economy staged the upcoming 4-day event, which concluded on October 18, 2023, in a brand-new gigantic location at Dubai Harbour, providing endless opportunities for the top corporate innovators and investors in the globe.
In terms of revenues in 2022, Yalla Group Limited will be the biggest MENA-based social media and gaming company. Yalla, an audio-centric group chat platform in order and Yalla Ludo, an informal gaming app with an online version of board games that are well-liked in MENA, both of which have in-game voice conversations and localized Majlis features, are the company’s two main mobile applications.