Fintech PR

Yili Shares lts Dairy Innovations at the Global Dairy Congress

Published

1 year ago

June 26, 2023

yili-shares-lts-dairy-innovations-at-the-global-dairy-congress

LONDON, June 26, 2023 /PRNewswire/ — From June 21 to 22, the 16th Global Dairy Congress, themed “Reimagining Dairy,” took place as a platform for exchanging views on the high-quality development of the dairy industry. Participants included representatives from dairy producers, scholars, experts, and delegates from industrial organizations worldwide, including Dr. Yun Zhanyou, Vice President of Yili Group, and Dr. Gerrit Smit, Managing Director of the Yili Innovation Center Europe.

During a session focused on future opportunities, Dr. Yun emphasized that dairy companies must put consumers first, adopt an all-round innovation-driven approach, and expand global cooperation in order to achieve high-quality development of the industry.

Piercristiano Brazzale, President of the International Dairy Federation (IDF), highlighted the huge potential and opportunities in China, a key emerging dairy market. He viewed the Congress as a chance to acquire deeper insights into the latest developments in the Chinese dairy industry as well as Yili Group’s innovation capabilities.

Richard Hall, Chairman of Zenith Global, recognized early on the leapfrog development being achieved by the Chinese dairy industry over the years, commending it for having played a leading role in many respects, especially innovation. He emphasized his confidence in the industry’s potential to make even greater advancements in the future.

At the roundtable, Dr. Yun shared Yili’s all-round innovation-driven approach by which it relies on processing, digital and technological innovation to enhance product quality, improve consumer experience, and safeguard consumers’ health.

Regarding technological innovation and global health, President Brazzale highlighted how innovation acts as a significant driving force for global health since it allows people to enjoy safer and more effective and accessible products and services.

Dr. Judith Bryans said, “The Global Dairy Congress offered us a great opportunity to share global views on innovation and collaboration. It highlighted many of the major innovations in dairy, health and sustainability. In particular, it was wonderful to see the latest innovations that have been made in dairy products from China.”

The global dairy industry has registered steady growth in recent years. Mr. Hall said, “The world needs better nutrition for a growing population. The dairy industry will be a major contributor to finding more targeted solutions.”

Satine and AMBPOMIAL, two of Yili’s star brands, joined this year’s Congress as platinum sponsors of milk and yogurt, respectively, thanks to their leading innovation capabilities and high product quality.

At the Congress, Dr. Gerrit Smit gave a keynote speech titled “Innovation for Global Health,” sharing details about Yili’s R&D stories and the technological breakthroughs made by two of its products – Satine active lactoferrin organic pure milk and AMBPOMIAL Youqier carbonated yogurt.

In an increasingly green, digitalized, and integrated global dairy industry, Yili will continue to take a consumer-centered, innovation-driven approach to provide healthy products that fulfill people’s full-life-cycle nutritional needs.

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Fintech PR

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

16 hours ago

November 24, 2024

CISION (PR Newswire)

wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

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Fintech PR

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

16 hours ago

November 24, 2024

CISION (PR Newswire)

qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech,-wahed

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

1 day ago

November 23, 2024

CISION (PR Newswire)

DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.

In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.

Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.

AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.