Back to all interviews news

Epson’s vision for the region: Smarter tech, local focus, global values

Yasunori Ogawa, president and CEO of Seiko Epson Corporation, and Neil Colquhoun, president of Epson META-CWA, discuss the strategic importance of its Innovation Centre and regional market priorities

Neesha Salian
Neesha Salian

07 May, 2025

Epson’s vision for the region: Smarter tech, local focus, global values
Images: Supplied

TT

16

In this interview, Yasunori Ogawa, president and CEO of Seiko Epson Corporation, and Neil Colquhoun, president of Epson META-CWA, discuss the strategic importance of the company’s Innovation Centre, regional market priorities, and the role of Japanese values in driving innovation and consistency across Epson’s global operations.

The Innovation Centre, which opened in Dubai in February, marks a significant step in the company’s regional growth strategy.

Spanning 1,100 square metres, the centre serves as a regional hub for collaboration, training, and customer engagement. It builds on over $13m in investments made by Epson across the Middle East, Türkiye, Africa, and Central & West Asia (META-CWA) between 2022 and 2024.

Epson launched the Innovation Centre in Dubai in February. Tell us more about this initiative and how it fits into your broader regional strategy.

Colquhoun: The Innovation Centre is part of a broader strategic roadmap that began a few years ago when Ogawa-san and I started working on how to expand our presence in what we see as a high-potential region — the Middle East and Africa. The first major step was establishing our regional head office in Dubai, which we officially launched in October 2024.

When I first arrived in the region in 2014, we had about seven or eight employees based in Jebel Ali. Today, that number has grown to 136, which reflects the tremendous growth we’ve experienced. We’ve seen consistent double-digit growth year-on-year for the last five to seven years, barring the Covid period.

The Innovation Centre is the next phase of this journey. It’s designed to bring us closer to our customers and, in turn, bring those customers closer to our R&D teams in Japan. We invest around $300m annually in research and development — a significant sum for a company of our size.

What role does this Innovation Centre play in enhancing customer experience and strengthening Epson’s innovation reputation?

Ogawa: The centre is all about proximity — to customers and to innovation. By expanding our team here, including product management and business functions, we’ve created a full-fledged independent operation. When we receive customer insights, we can now relay them directly to Japan without delay.

It also supports the creation of products tailored to local market needs. Generic products might work in some regions, but others — like here — require different specifications. Additionally, the centre helps reinforce our competitive edge. Many of the products showcased face competition from China and Korea, but through our principles of sho-sho-sei — which translates as efficient, compact and precision — and monozukuri — the art and science of manufacturing — we demonstrate our distinct value. The association with Japanese quality is strong in this region, and we want to reinforce that further.

So, this is a strategic step in a larger regional growth plan?

Colquhoun: This is a tactical component of a long-term strategic vision. The Middle East and Africa are key growth markets for us, and as local economies and businesses continue to develop, we see even more potential.

Which sectors have seen performers recently, and which are you targeting for future growth?

Colquhoun: Education remains a cornerstone of our regional strategy. We’ve established substantial partnerships with governments in the UAE, Saudi Arabia, and Qatar, supplying projection equipment to schools. Our high-brightness projectors, such as the Epson EB-L30000UNL, deliver up to 30,000 lumens, ensuring vivid and clear visuals even in well-lit classrooms

In addition to projection, our heat-free printing technology has been instrumental in educational settings. This technology reduces power consumption and minimises maintenance by eliminating the need for heat during the printing process, aligning with sustainability goals like Saudi Arabia’s Vision 2030 and the UN Sustainable Development Goals.

The healthcare sector has also benefited from our innovations. Facilities such as MediClinic have adopted our printers for their energy efficiency and rapid first-page-out times, which are crucial in medical environments where time and reliability are paramount.​

In the logistics industry, our high-volume printers and advanced scanning solutions support the sector’s digitisation efforts. Our scanners offer high-quality A3 and A4 scanning capabilities, integrating seamlessly with document management systems to streamline operations.​

Manufacturing is another area where we’ve seen growth, particularly with our SCARA robots. Models like the Epson SCARA G6 650mm Series are designed for precision and efficiency in compact spaces, offering cycle times as low as 0.35 seconds. These robots are increasingly utilised in regions embracing on-shoring, such as the UAE, Saudi Arabia and South Africa.

Our textile printing solutions, including dye-sublimation technology, enable high-quality printing on various materials, from garments to promotional items. This technology supports businesses in producing vibrant, durable prints, catering to the growing demand for customised textile products.​

Lastly, our commitment to digital innovation is exemplified by our high-brightness projection technology. For instance, the teamLab Phenomena Abu Dhabi utilises over 700 Epson projectors to create immersive digital art experiences, showcasing the capabilities of our projection solutions in large-scale installations.​

Our ongoing investment in research and development ensures that we continue to deliver cutting-edge, sustainable solutions across these sectors, meeting the evolving needs of our clients and contributing to regional growth.​

You previously mentioned robotics. Is this another growth area for Epson in the region?

Colquhoun; Robotics — particularly in manufacturing — is another focus. Our SCARA robots are increasingly being adopted in assembly lines and automation applications. We expect strong growth in this sector as more industries modernise their operations.

Which business segments have performed particularly well for Epson in the META or GCC region?

Ogawa: We’ve seen standout performance in several key segments across the region, with the most significant growth coming from our consumer print business, particularly EcoTank. EcoTank has been a global success story — we recently crossed the 100 million milestone in global sales — and this region has played a crucial role in that growth. Our market share continues to climb, with provisional data for the last quarter showing yet another increase.

This success is down to a combination of strategic in-store execution with our retail partners and robust brand-building efforts.

Beyond consumer printing, we’ve also seen strong momentum in the education sector, securing major tenders in Saudi Arabia, the UAE, Qatar, and Kuwait. Another bright spot is our high-brightness projector segment.

Finally, office printing has been a strong area as well, especially as more government and corporate clients choose Epson solutions to meet their sustainability goals — a clear competitive advantage for us.

Sustainability has become a key part of every business conversation. How is Epson responding to it?

Ogawa: Sustainability isn’t a trend for us — it’s embedded in our DNA and is a clear differentiator in this region. Our print technologies are designed to be energy-efficient, reliable, and clean, with fewer moving parts, which not only reduces energy use but also enhances longevity and reliability.

We’re also investing in future-focused innovations like dry fiber technology, which allows for paper recycling without water — a significant environmental leap. This technology isn’t limited to paper; we’re developing it for plastics and even fabric recycling, which opens up entirely new sustainability pathways.

Another exciting area is CO₂ separation technology, part of our broader goal to become underground resource-free by 2050. While still in early stages, we’ve begun building capacity, and over time we expect this to scale and support our global decarbonisation objectives.

From a commercial standpoint, this sustainability commitment is already yielding results. We’ve won major office printing deals across the Middle East — including in Saudi Arabia and Qatar — specifically because our products help organisations meet their environmental targets. And yes, in some cases, our products can even be powered by solar energy, making us a compelling partner for government and enterprise clients alike.

Epson’s values are key to its business success. How do you ensure those values are upheld consistently across all your regions?

Colquhoun: That’s a great question — and one that every global organisation wrestles with. You can have a powerful vision at headquarters, but without consistent execution across all regions, it remains just that: a vision.

At Epson, we’re deeply rooted in Japanese culture and values. These aren’t just ideas confined to our offices in Japan. We work very intentionally to bring them to life across every market we operate in.

One of the ways we ensure this consistency is through frequent global alignment. We hold regular president’s meetings — monthly or quarterly — where heads from around the world come together to align on strategy and execution.

Importantly, our business is locally incorporated, which means our teams have a direct line to our colleagues in Japan. Our product marketing teams talk to the head office every day. We have a dedicated global division that agrees on shared tactics, product positioning, and messaging, particularly around key pillars like sustainability.

But the relationship isn’t one-directional. It’s bi-directional. We feed back real-time insights from the markets: what’s resonating, what customers are responding to, and where adjustments are needed. That feedback loop allows us to localise messaging without losing the essence of our global identity.

Ultimately, it all comes down to the excellence of execution — and that’s my job. If our teams aren’t delivering consistently and up to standard, the head office will be quick to point it out. It’s a healthy accountability that keeps us sharp and ensures that our values are meaningfully and consistently expressed across every region where Epson operates.

Abu Dhabi: IHC reports net profit at Dhs4.1bn for Q1

IHC’s revenue increased by 41.1 per cent year-on-year to Dhs27.2bn, supported by strong performance across core verticals

Neesha Salian
Neesha Salian

06 May, 2025

Abu Dhabi: IHC reports net profit at Dhs4.1bn for Q1
Image: Getty Images/ For illustrative purposes

TT

16

International Holding Company (IHC) has posted a 41.1 per cent year-on-year jump in revenue to Dhs27.2bn in Q1 2025, driven by strong performance across its core verticals.

The group’s profit after tax reached Dhs4.1 bn, with a net profit margin of 15.2 per cent.

“Our Q1 2025 performance reinforces the strength of IHC’s diversified model and the growing impact of our strategic investments across global markets,” said Syed Basar Shueb, CEO of IHC. “As we expanded our portfolio, we continued to drive improved operational performance and enhance recurring revenue streams, ensuring resilience and stability across our business segments.”

Total assets rose to Dhs416.6bn as of March 31, up from Dhs 401.8 bn at the end of 2024, reflecting IHC’s disciplined capital allocation and strategic expansion.

Return on equity stood at 9.9 per cent, underscoring the company’s sustained value creation.

Real estate and hospitality sectors lead revenue growth for IHC

Revenue growth was led by the real estate segment, which surged 53.3 per cent year-on-year and contributed 42.5 per cent of total revenue.

The growth was driven by robust demand for existing inventory and the successful launch of new projects. The marine and dredging segment delivered an 18.0 per cent rise in revenue, backed by increased project activity and international diversification.

Hospitality and leisure also recorded exceptional performance with a 96.6 per cent rise in revenue, reflecting higher occupancy rates and strong demand across key assets.

Real estate and construction assets grew 4.9 per cent to Dhs170.7bn year-on-year, supporting IHC’s continued expansion strategy in this high-growth sector.

“Beyond delivering strong financial results, we are shaping the industries of tomorrow through dynamic value networks,” Shueb added. “By connecting innovative businesses, strategic partnerships, and operational excellence, we are building a platform designed for sustained global relevance. IHC remains committed to being a catalyst for economic growth and innovation, while delivering long-term value to our shareholders and stakeholders worldwide.”

IHC said it remains well-positioned to seize emerging market opportunities, supported by its dynamic investment strategy, operational resilience, and commitment to sustainable global growth.

View post on X

Strategic highlights: At a glance

  1. Multiply Group acquired a 67.91 per cent stake in Spanish fashion retailer Tendam, strengthening IHC’s global apparel footprint.
  2. Gridora Infrastructure Platform, joint venture with ADQ and Modon Holding, launched to drive large-scale infrastructure projects in the UAE and abroad.
  3. Alpha Dhabi increased ownership in National Corporation for Tourism & Hotels (NCTH) to 73.7 per cent, consolidating premium hotel assets.
  4. IHC, ADQ, and First Abu Dhabi Bank partnered to launch a UAE Dirham-backed stablecoin to promote blockchain innovation and digital payments.
  5. Modon Holding entered the UK market through a 50 per cent joint venture in the 2 Finsbury Avenue development.
  6. Al Ain Farms sgned a Dhs85m agreement to acquire Al Jazira Poultry Farm, enhancing its market share in the UAE.
  7. PureHealth acquired a 60 per cent stake in Hellenic Healthcare Group, Greece’s largest private healthcare provider, for $2.3bn.
  8. MoU signed with Lunate to explore enrolling employees in the Ghaf Benefits plan, reflecting IHC’s focus on human capital.
  9. IHC led a delegation of subsidiaries at the World Economic Forum to foster strategic international partnerships.

Dubai’s RTA adds 200 parking spaces, warns of Emirates Road delays

The RTA has also upgraded the traffic light system at the intersection of Al Doha and Halab Streets

Nida Sohail
Nida Sohail

06 May, 2025

Dubai’s RTA adds 200 parking spaces, warns of Emirates Road delays
Image credit: Wam (For illustrative purposes only)

TT

16

Dubai’s RTA has informed drivers of expected delays on Emirates Road towards Sharjah due to maintenance and rehabilitation works. The affected area is between Dubai-Al Ain Road and the Al Amardhi-Al Awir Road intersection, with disruptions occurring on weekends from 5:00pm to 8:00pm.

Read-Dubai traffic: RTA mulls flexible working hours, remote work policies

The delays are expected to continue until August 30, 2025. The RTA advises drivers to plan their journeys in advance to ensure timely arrival.

View post on X

As part of its ongoing efforts to enhance traffic flow across Dubai, the RTA has upgraded the traffic light system at the intersection of Al Doha and Halab Streets. The improvements include the addition of a new lane on Al Doha Street—boosting road capacity and enabling smoother movement through the signal.

View post on X

The authority has also developed 200 parking spaces to serve the Community Development Authority in Hatta and constructed a temporary gravel road from the Makan district towards the Hatta-Dubai Road. Traffic flow has also been improved at the intersections of King Salman Street with Braih and Al Gharbi Streets in the Jumeirah Beach Residence area, allowing the tram to operate at traffic signals while maintaining smooth vehicle movement.

View post on X

Additional parking spaces have been provided at Emirates National School, Al Khawaneej. Motorists can also find a new lane on Dubai-Al Ain Road towards Dubai, beneath the Hind City Bridge.

Abu Dhabi Festival 2025 showcases global collaborations, culture and youth empowerment

The Abu Dhabi Festival showcases global partnerships and Arab and international talent, while continuing to organise year-round initiatives shaping the UAE’s creative future

Gulf Business
Gulf Business

06 May, 2025

Abu Dhabi Festival 2025 showcases global collaborations, culture and youth empowerment
Images: Supplied

TT

16

Since its establishment in 2004, the Abu Dhabi Festival has evolved into one of the Arab world’s leading cultural institutions.

Organised by the Abu Dhabi Music & Arts Foundation (ADMAF), the festival is more than an annual event – it is a year-round movement advancing creativity, education, and cultural exchange.

At the heart of the festival is a belief in the transformative power of the arts – to transcend borders, spark dialogue, and inspire future generations. “What drives the Abu Dhabi Festival is the belief that art speaks a universal language. It’s about building bridges and sparking dialogue,” said a representative from ADMAF.

Championing creativity and cultural diplomacy

Over the years, the festival has hosted the world’s most celebrated orchestras, performers, and creators. However, its impact lies not only in memorable world premieres, but also in the way it balances global ambition with local authenticity.

Each edition is curated to blend tradition with innovation, with partnerships that generate cultural, educational, and social impact.

The 2025 edition reinforced the festival’s mission by delivering a rich programme of performances, partnerships, and initiatives that continue to position Abu Dhabi as a global arts capital. While the headline shows ended last week, the festival will continue engaging with the community.

A memorable edition

This year, the 22nd edition of the Abu Dhabi Festival featured exceptional, blending world-class performances with a strong educational and community impact under the inspiring theme ‘Abu Dhabi – A World of Harmony’.

Celebrating over 50 years of friendship and diplomatic relations between the UAE and country of honour Japan, the festival featured a breathtaking performance by Japanese taiko drumming troupe Kodo and the UAE debut of pianist Yunchan Lim, whose rendition of the Goldberg Variations left audiences in awe.

Other highlights included performances by Katia and Marielle Labèque, percussionist Kuniko Kato, and an All-Star Ballet Gala with dancers from the Royal Ballet and Paris Opera Ballet.

Beyond the stage, the festival’s Outreach Programme engaged more than 1,700 students through open rehearsals and school visits by the artists, offering rare, up-close moments where global artistry connected with local youth. It will continue its activities though the year.

These encounters reflected the festival’s enduring commitment to empowering the next generation through direct cultural engagement.

Pianist Yunchan Lim performs at Abu Dhabi Festival. Image: Supplied

Abroad Programme extends global reach

Among the festival’s flagship initiatives is the Abroad Programme, which builds partnerships with international cultural institutions while promoting Arab creativity on global stages.

Another highlight was the co-production of Pelléas et Mélisande with the Opéra National de Paris – a milestone in cultural diplomacy and the first of its kind between a Middle Eastern entity and the Paris Opera.

Directed by acclaimed playwright Wajdi Mouawad, the production ran from February 28 to March 27 and attracted more than 22,000 attendees. It reflected the festival’s growing influence as a cultural ambassador and bridge-builder between East and West.

Education and empowerment at the core

The Abu Dhabi Festival has also embedded education into its cultural mission, forging long-term partnerships to empower emerging talent.

The Dolce & Gabbana x ADMAF Award offered talented young Emiratis six-month internships at the Italian fashion house’s headquarters, providing hands-on experience in haute couture. “This is about more than exposure. It’s about building skills, confidence, and cultural fluency,” the ADMAF team said.

A separate partnership with TotalEnergies supported sustainability-themed competitions and education initiatives, challenging students to merge environmental awareness with artistic expression – aligning with ADMAF’s commitment to nurturing culturally and socially conscious leaders.

Abu Dhabi Festival: Local talent, global platforms

At home, the festival continues to foster young creatives through initiatives like the Young Media Leaders programme, launched in 2007.

Emirati students and graduates are introduced to journalism, broadcasting, and digital content through immersive workshops and mentorships. “It’s not just a training ground, it’s a launchpad for future storytellers,” ADMAF said.

The programme is closely tied to the Artist’s Studio series, which gives participants the opportunity to interview global artists and share their insights with wider audiences – extending the festival’s reach beyond its performances.

New initiatives aimed at younger audiences have also emerged. My First Concert introduces classical music to children under four, while Symphony Storytelling brings books and narratives to life through orchestral music.

These programmes, ADMAF said, help build empathy, imagination, and language skills, nurturing emotionally intelligent future leaders regardless of whether they pursue careers in the arts.

A hallmark of the Abu Dhabi Festival is its dual focus on showcasing global excellence while championing regional talent.

Programmes like the Composers’ Platform and long-term commissions have provided UAE-based and Arab artists with opportunities to present original work alongside international counterparts. “We’re not just showcasing culture; we’re shaping it,” ADMAF affirmed.

Year-round impact

While the annual festival remains the centrepiece, its influence continues year-round through educational initiatives, international collaborations, and mentorships that advance the UAE’s position as a cultural and creative capital.

As the festival grows, it remains committed to a singular vision: to inspire, connect, and empower through the universal language of the arts.

Kuwait announces Eid Al Adha holidays

Workplaces of an “unconventional” nature may determine their holiday schedules at their own discretion

Nida Sohail
Nida Sohail

06 May, 2025

Kuwait announces Eid Al Adha holidays
Image credit: Getty Images

TT

16

Kuwait has announced the suspension of work and the declaration of a public holiday across all state bodies and public institutions from June 5 to 9 in observance of the Islamic Eid Al Adha holiday, the cabinet said on April 29.

Government employees will return to work on Tuesday, June 10, a Kuwait News Agency report said.

Read-Kuwait moves ahead: Gulf rail link design contract signed

However, workplaces of an “unconventional” nature may determine their holiday schedules at their own discretion, the cabinet noted during its weekly session, which was chaired by Acting Prime Minister and Interior Minister Sheikh Fahad Yusuf Al Sabah.

According to the official website of UAE legislation, public holidays in the UAE will be observed on the Day of Arafah (9 Dhul Hijjah) and from 10 to 12 Dhul Hijjah for Eid Al Adha.

WeRide, Uber to roll out autonomous vehicles in 15 more cities

Under the partnership, WeRide will provide its Robotaxi technology, while Uber will manage fleet operations

Gulf Business
Gulf Business

06 May, 2025

WeRide, Uber to roll out autonomous vehicles in 15 more cities
Image courtesy: Uber Technologies

TT

16

WeRide and Uber Technologies announced on Tuesday an expansion of their strategic partnership to deploy autonomous vehicles in 15 additional cities over the next five years, marking one of the largest collaborations of its kind in the sector.

The rollout, which includes cities across multiple continents including Europe, will build on successful pilots in Abu Dhabi and an imminent launch in Dubai. The companies confirmed that all new markets will be outside the US and China.

Under the partnership, WeRide will provide its Robotaxi technology, while Uber will manage fleet operations.

The services will be accessible via the Uber app in each city.

Uber and WeRide eye global expansion

“We are excited to take our partnership with Uber to new heights,” said Tony Han, founder and CEO of WeRide. “This expansion aligns with WeRide’s ambitious strategy for global growth – to make autonomous driving solutions more affordable and accessible to people worldwide.”

Uber CEO Dara Khosrowshahi said the agreement represents “a significant milestone towards realising the promise of autonomous mobility in more places around the world,” and highlighted the role of Uber’s global scale and operational expertise in commercialising autonomous vehicle technology.

The announcement reinforces both companies’ shared vision of accelerating the global adoption of autonomous transportation solutions.

More news in interviews