Teleios Global, which recently announced the opening of its headquarters in Dubai, concluded deals worth more than AED2 million through its participation in Dubai International Boat Show and Custom Show Emirates.
Teleios Global is considered the largest manufacturer of luxury racing simulators in the world.
The company’s stand at the Customs Show Emirates was visited by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence.
Mohamed Kamali, Co-founder and CEO of Teleios Global, said: “We were delighted to welcome His Highness Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, at our stand in the Custom Show Emirates”.
The company has successfully concluded several deals during the Dubai International Boat Show, by selling “Hydra 1” simulator, the most luxurious among racing simulators, which was purchased by a number of customers from Saudi Arabia, Qatar, Kuwait and India.
Kamali added: “The electronic sports sector has a promising future in the Middle East, especially with the invention of new games that attract emerging talents from across the region. We have observed a great demand for simulators during the events, in which we participated and we are looking forward to expanding in various parts of the region, especially the Kuwaiti market, in which we observe a great demand for the acquisition of sophisticated and luxurious electronic devices and games, this turnout in the region can be seen by the deal we recently concluded with Dr. Khaled Al Sabti from the State of Kuwait, who is an enthusiast of luxury, distinctive devices and also speed and cars lover”.
The young passionate generations are leading this sector, making it the fastest-growing gaming markets in the world, with a value expected to reach up to $5 billion by 2025.
The electronic games industry around the world has recorded revenues of $197 billion over the past year.
The Middle East and North Africa are considered the fastest-growing markets of electronic games in the world, expecting growth of revenues to more than $203 billion by 2026.
Teleios Global manufactures the most luxurious, high-quality racing simulators in the world, which allows the public to own the most distinctive and customisable from hardware to software racing simulators to meet the requirement of its clientele around the world, the company said.
Teleios Global was established by Mohamed Kamali, Leonardo Bernasconi and Simone Cunati. – TradeArabia News Service