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“Want to strike a truly ambitious trade deal that benefits both nations,” says British PM Rishi Sunak at India Global Forum Reception

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  • Prime Minister Rishi Sunak hosts UK-India Week 2023 Reception in 10 Downing Street
  • “Eyes of the world on India,” says British PM Rishi Sunak at India Global Forum
  • Business leaders, actors, sports personalities in attendance at reception

LONDON, June 30, 2023 /PRNewswire/ — British Prime Minister Rishi Sunak reiterated his commitment to seal a Free Trade Agreement with India, while speaking at a reception in Downing Street on June 28 to celebrate India Global Forum’s UK-India Week.

Paying tribute to the bonds between the UK and India, Sunak added, “Of course, we want to do more. Prime Minister Modi and I agree there’s huge potential here. We’re making great progress together on the 2030 Roadmap. And we want to strike a truly ambitious trade deal that benefits both our nations, bringing tremendous opportunities to businesses and consumers, both in India and here at home.”

Rishi Sunak interacted with business leaders and celebrities, including boxing champion Mary Kom, musicians Shankar Mahadevan and Zakir Hussain, Bollywood stars Sonam Kapoor and Vivek Oberoi. Also in attendance were his wife Akshata Murthy and mother-in-law Sudha Murthy.  

“It’s not just UK-India Week, but a whole Indian summer. And I don’t just mean the hot weather we’re having, I mean that over the next few weeks, the eyes of the world will be on India. There’s the G20 in New Delhi, I can’t wait to be there,” he said.

An avid cricket fan, the Prime Minster called the G20 Summit to be hosted in India a ‘prelude’ to the World Cup. “And that (G20 Summit) will only be the prelude to the biggest event of all – When India hosts the Cricket World Cup! And I can tell you today that England are taking the prospect of playing India very seriously,” he said.

“There is so much to celebrate. The links between our two countries are closer than ever. Just look at the Coronation of His Majesty the King. On that most historic day, people of Indian heritage were at the heart of proceedings, presenting the Coronation regalia and as part of the delegation of faith leaders. It shows the depth of the bonds we share, the living bridge between our two nations, the thriving business links, and the flow of ideas and investments, all stronger than ever,” he said.

Thanking the Prime Minister for hosting India Global Forum, Manod Ladwa, Founder and Chairman said, “We are all here, from such diverse backgrounds, experiences and journeys. Yet what unites us, is our passion and contribution to enhance to what I describe as the Winning Partnership between the UK and India.”

Encompassing 12 marquee events with 150 speakers and 2,000+ participants, India Global Forum’s ‘UK-India Week 2023’ brings together business leaders, policymakers, and thought leaders from India and the UK to discuss opportunities for further collaboration and growth between the two countries through a series of exclusive networking opportunities, panel discussions, and keynote speeches, covering a range of topics including trade, investment, innovation, technology, and sustainability, that are aligned with the objectives of Roadmap 2030. UK-India Week 2023, described as a highly anticipated fixture in the bilateral calendar by Prime Minister Rishi Sunak, runs until 30 June 2023.

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For highlights from the day, a list of Speakers, and programme details, click here.

About India Global Forum

IGF is the agenda-setting forum for international business and global leaders. It offers a selection of platforms that international corporates and policymakers can leverage to interact with stakeholders in their sectors and geographies of strategic importance. Find out more here.

Social Media Handles & Hashtag to Follow

Twitter: @IGFUpdates & @manojladwa
LinkedIn: India Global Forum
#UKIndiaWeek

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

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

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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

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

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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China’s AIMA brand electric motorbike is now in Bangladesh

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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.

 

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