Fintech PR
New STEM Initiative Sends 200 South LA Students to World-Class, Summertime Tech Camps
“Coding Our Future LA,” a groundbreaking collaboration between leaders in tech education, philanthropy and the Los Angeles community, will provide free, week-long STEM camps this summer for 200 students from the South LA community. With a desire to increase opportunities for underserved youth in the technology space, “Coding Our Future LA” was created by iD Tech and Annenberg Foundation, whose initiative AnnenbergTech has been focused on providing access to tech opportunities for ALL Angelenos, and was facilitated by the LA-based Digital Ethos Foundation. The Foundation and iD Tech will provide tuition for participants. LA Promise Fund is the community partner and will recruit students from five LA Promise Fund schools in the Los Angeles area. Students will attend iD Tech Camps at the University of California – Los Angeles (UCLA) and Loyola Marymount Universitycampuses from June 17 – June 21.
“Coding Our Future LA” is aimed at addressing the massive and growing tech disparity present in society. STEM jobs in the United States are plentiful and lucrative and can be a ladder to professional prosperity and success. However, obtaining these positions typically requires specialized training and education, the sort of which may not be easily accessible. Eighty percent of the region’s future workforce is Latino and African American, yet only seven percent and eight percent of the national STEM (science, technology, engineering and math) workforce is African American and Latino, respectively.
The 200 students participating in “Coding Our Future LA” were identified and recruited through the LA Promise Fund, and specifically, through its relationships with schools in South LA, where it has a deep and longstanding commitment to preparing students for success in college, career, and life. Students will be enrolled in week-long courses on subjects including digital video production, robotics, cybersecurity, and Java coding. Providing funding for all of the students to attend tuition-free was a priority for the Annenberg Foundation, who through its AnnenbergTech initiative, recognize that a partnership between technology and philanthropy has the potential to profoundly benefit the entire city of Los Angeles.
“Los Angeles is a global tech capital — a place where dreamers come to innovate and create,” said Mayor Eric Garcetti. “Our tech talent should reflect Los Angeles’ diversity, and Coding Our Future LA is helping to equip underrepresented young Angelenos with the tools and skills needed to compete in a tech-enabled economy.”
“We have a collective, societal obligation to every student to equip them with the necessary tools and skills to succeed in the modern, tech-driven economy,” said Pete Ingram-Cauchi, CEO, iD Tech Camps. “We have long been committed to ensuring that every student has access to quality STEM education, and we are honored to work with Annenberg Foundation in pursuit of this goal. Bringing top-notch STEM instruction to these 200 students is just the beginning of what we can achieve together.”
“The Annenberg Foundation has long supported organizations that provide access to the knowledge and networks required for upward mobility and jobs,” said Cinny Kennard, Executive Director of the Annenberg Foundation. “Our AnnenbergTech initiative coordinates efforts between technology and business leaders, investors, nonprofits and the city of Los Angeles to positively impact underserved communities throughout the region. Helping create “Coding Our Future LA” and supporting South LA student attendance is an important step in giving young people the full stack of skills needed to engage and accelerate their future careers in tech.”
“The LA Promise Fund is deeply committed to bringing STEM opportunities to underserved students across LA,” said Veronica Melvin, CEO, LA Promise Fund. “The future of the global economy will be driven by careers in STEM related fields, yet there continues to be a significant under-representation of minorities in those fields. We’re thrilled to be partnering with iD Tech and the Annenberg Foundation to give South LA students the chance to engage deeply with STEM.”
Coding Our Future LA aims to create an ecosystem for sustained success. According to the US Department of Education’s Office of Innovation and Improvement, early engagement with STEM topics is critical in developing a lifelong proficiency and interest not only in technical subjects, but in a variety of subjects. Early, quality STEM instruction can help set students up for future academic and professional success.
SOURCE iD Tech Camps; The Annenberg Foundation; LA Promise Fund
Fintech PR
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
Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
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/
Photo – https://mma.prnewswire.com/media/2566075/Qatar_Development_Bank_Announcement.jpg
View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
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.
Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
-
Fintech4 days agoFintech Pulse: Industry Updates, Innovations, and Strategic Moves
-
Fintech3 days agoFintech Pulse: Daily Industry Brief – A Dive into Today’s Emerging Trends and Innovations
-
Fintech PR4 days agoROLLER Releases 2025 Attractions Industry Benchmark Report, Unveiling Key Trends and Revenue Strategies
-
Fintech PR3 days agoTAILG Represents the Industry at COP29, Advancing South-South Cooperation with Low-Carbon Solutions
-
Fintech5 days agoFintech Pulse: Navigating Expansion, Innovation, and Sustainability
-
Fintech5 days agoFintech Pulse: Milestones, Partnerships, and Transformations in Fintech
-
Fintech PR2 days agoAlkira Ranked 25th Fastest-Growing Company in North America and 6th in the Bay Area on the 2024 Deloitte Technology Fast 500™
-
Fintech PR4 days agoThe CfC St. Moritz Announces New Speakers from BlackRock, Binance, Bpifrance, Temasek, PayPal, and More for Upcoming 2025 Conference