Through this acquisition, Deel aims to simplify global work by combining performance management, AI analytics, and payroll as a one stop solution for workforce management.
In his new role, Philip will lead the firm’s strategic investments, strengthen client relationships, and drive the creation of innovative solutions, aiming to establish Mashreq Capital as a top asset management provider in the MENA region.
Amidst evolving work dynamics, these HR tech fundings and acquisitions are poised to transform HR and the future of work across Middle East with their cutting-edge platforms and solutions in 2024 and beyond.
The HRTech platform plans to replace multiple systems with a singular payroll and employee data platform, empowering businesses to manage their local payroll, remote contractors, EOR, and HR processes.
In an exclusive interaction with People Matters, Ty Brown, the Executive VP of International at O.C. Tanner, shared Middle Eastern perspectives from the Global Culture Report 2024, highlighting the current needs of workers in the region.