Tuesday, January 18, 2022

Slide Slide
Home Artificial Intelligence AI-powered: BLOOVO to power CI Capital’s recruitment process

AI-powered: BLOOVO to power CI Capital’s recruitment process

To screen and shortlist candidates for job vacancies, equip hiring teams with tools and resources to streamline their recruitment process and eliminate inefficiencies that hinders growth, CI Capital will be able to utilise artificial intelligence through the deployment of AI-powered HYRRD

A technology company BLOOVO, specialising in the provision of AI-powered recruitment solutions, announced the signing of a partnership agreement with CI Capital Holding, the largest investment banking company in Egypt.

BLOOVO will power CI Capital’s recruitment with its signatory AI-powered Applicant Tracking System (ATS), HYRDD, as per the agreement.

Transforming the HR industry with the use of Artificial Intelligence and Machine Learning with unique value proposition, the signing comes on the back of BLOOVO’s continued efforts to expand across Egypt. As organisations recognise the importance of AI in improving business processes, including recruitment, digital transformation continues to be a cornerstone for many organisations in Egypt.

Egypt’s leading provider of investment banking, leasing, and microfinance products and services, CI Capital, a listed company on the Egyptian Exchange, is a diversified financial services group. Including global and regional institutions and family offices, large corporates, SMEs, and high net worth and individual investors, the company offers a wide range of financial solutions to a diversified client base through its headquarters in Cairo and presence in New York and Dubai.

To screen and shortlist candidates for job vacancies, equip hiring teams with tools and resources to streamline their recruitment process and eliminate inefficiencies that hinders growth, CI Capital will be able to utilise artificial intelligence through the deployment of AI-powered HYRRD. This makes CI Capital one of Egypt’s earliest adopters of AI-powered recruitment technology innovation.

Dr Ahmad Khamis, Co-Founder and CEO, BLOOVO, said, “This partnership comes at a time when Egypt’s digital transformation soars as more firms recognise the importance of AI in improving the way firms run their business processes”.

Karim Aboulnasr, VP of Business Development, BLOOVO Egypt, said, “Putting the right person in the right place is at the core of our recruitment solutions. For large firms like CI Capital, deploying AI-powered HYRDD with its advanced machine learning and smart algorithms, allows them to streamline their recruitment process and eliminate inefficiencies”.

BLOOVO, which was founded in 2015, rapidly grew in the MENA region leveraging Artificial Intelligence and Machine Learning in its talent acquisition technology solutions. Including official government authorities in KSA and the UAE, its solutions have been utilised by more than 3,500 organisations from the GCC to date.

HYRRD, a full-fledged AI-powered applicant tracking system (ATS) launched in 2019 has been used by many organisations. From manpower planning all the way to on-boarding, HYRRD has developed as an ideal solution, covering the full spectrum of hiring.

Also readCIO News interviews Shri Wangki Lowang, Minister (IT) of Arunachal Pradesh

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.

khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

Bringing new technology and automation into the process is always on priority, says Vinay Kumar, CIO at MMG

As technology became increasingly important, one of the most important roles that I needed to adapt to was to become a strategic thought partner...

Venture capitalist technology: CM Bommai hails PM Modi as Bengaluru becomes one of top funding hubs

Overall, Indian tech venture capitalist technology investment grew nearly three times to USD 44.6 billion in 2021 from USD 14.9 billion in 2020 As India...

Technology: Banks to face major challenge in finding talent

The demand in the market today is for the right talent, whether it’s for business, technology or some of the niche skills around AI...

Rocket scientist Somanath is the new Chairman of ISRO

From TKM College of Engineering, the rocket scientist earned his B. Tech in mechanical engineering and a Masters in aerospace engineering from the Indian...

Recent Comments