Fintech PR
100 Days To Go: Abu Dhabi Finance Week’s 2023 Edition Expects Leadership of 3500+ Top Financial Firms from Over 100 Countries
- The series of five global leadership forums will gather heads of firms across Private Equity, Capital Markets, Hedge Funds, Asset Managers, Venture Capitalists, Institutional Investors, Investment Banks and Fintechs, collectively managing over USD 15 trillion in assets.
ABU DHABI, UAE, Aug. 22, 2023 /PRNewswire/ — The second edition of Abu Dhabi Finance Week (ADFW) which is set to run from 27th to 30th November 2023 unveiled thought-provoking details on its theme of ‘Investing in the Transition Era’, building on the successes and strong foundation positioned by its breakout edition.
Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council and powered by Abu Dhabi Global Market (ADGM), ADFW will seek to examine the factors affecting monetary systems, technological disruptions, financing the race to net zero, the resultant services and facilities, and the industrial and social sectors that impact the global financial system. It will collectively aim to collaborate on maximising the opportunities and minimising the challenges presented within the ‘Transition Era’.
Commenting on the ADFW’s pioneering theme, His Excellency Ahmed Jasim Al Zaabi, Member of Abu Dhabi’s Executive Council and Chairman of ADDED and ADGM said, “We are part of an extraordinary era that is transitioning in every aspect whether it is economic, technological advancement or climate. As we navigate the complexities and challenges of this transformative phase, ADFW acts as a superb platform to gather impactful decision-makers that look at these aspects as opportunities. By investing in the transition era, ADFW stands as a platform that is not just about adapting to change but also seizing the opportunity that propels us towards a brighter, more prosperous future.”
Counting down 100 days to the event, ADFW highlighted the cornerstone of its success in recognising the true potential of technology, innovation, and talent and the ability to invest wisely in it which has evolved hand-in-hand with the dynamic needs of the global economy. Embracing the Transition Era will build the path to a stronger, more resilient financial landscape through these events placed within ADFW.
With the eyes of the world set to be fixed on the UAE, as it hosts the much-awaited COP28 and the world-renowned Abu Dhabi Grand Prix, ADFW is strategically positioned between these global events and anticipates welcoming diverse spectators and stakeholders including 10,000 business leaders, 3500+ attendees from top global financial firms, industry experts, policymakers, regulators, investors and bankers from over 100 countries.
ADFW will kick-start with the opening ceremony and will also introduce the newest sub-event in the event series, Abu Dhabi Economic Forum which will gather high-level executives and decision-makers in the presence of an exclusive set of audience to discuss macroeconomic topics. The first day will also witness the start of the globally renowned Fortune Global Leadership Summit 2023. ADFW will continue with Asset Abu Dhabi’s second edition which is levelling up to be one of the world’s strongest assemblage of global private market leadership.
Returning for the 6th year in a row as MENA’s biggest Fintech Festival, this year’s Fintech Abu Dhabi will convene tech innovators, banks, developers, entrepreneurs and VC investors to examine the intersection of innovation and finance and transform the future of finance – across areas like payments, digital assets, cyber security, market integrity and credit. It will include The Regulators Summit, Blockchain Abu Dhabi, Risk4.0, A.I. Abu Dhabi and the 2023 Fintech Abu Dhabi Awards.
Adjacent to the critical launch of COP28, the 2023 edition of R.A.C.E (Regulation, Awareness, Collaboration & Ecosystem) is partnering with The Economist and will stage pivotal conversations on sustainable finance to find concrete actions by forward-thinking financial institutions, and their work in closing the capital gap needed to invest for net zero. The agenda focuses on the critical components as mentioned in the event title that are needed to achieve sustainable development.
Along with its first cohort of speakers including iconic investor Ray Dalio, USD 1.4 trillion Asset Manager – Jenny Johnson, Hedge Fund Chief – Alan Howard, Midas List Venture Capitalist and Managing Partner at GGV Capital – Jenny Lee, Hong Kong Exchanges and Clearing Ltd. Chairman – Laura Cha, KBW Ventures Founder and CEO – HRH Prince Khaled bin Alwaleed bin Talal Al Saud and Rockefeller International Chairman – Ruchir Sharma, ADFW unveiled additional top-line speakers who will be present in Abu Dhabi for the various events including H.E. Khaldoon Al Mubarak – Managing Director & Group CEO of Mubadala, Mohamed Alabbar – Founder of Emaar, Peter Orszag – Lazard CEO, Mohammed Alardhi – Executive Chairman of Investcorp, Dr. Samir Haj-Yehia – Chairman of Bank Leumi, H.E. Dr. Abdulrahman Al Hamidy – Director General & Chairman of Arab Monetary Fund, Yoni Assia – Co-founder & CEO of eToro, Atif Abdulmalik – CEO & Chairman of the Executive Committee at Arcapita and Bob Steers – Executive Chairman of Cohen & Steers. Other elite speakers announced in the first cohort also include Fortune CEO – Alan Murray, Co-founder of Brevan Howard Asset Management LLP – Alan Howard, The Children’s Investment Fund Founder – Sir Christopher Hohn, Chairman of Wamda and Co-founder of Aramex – Fadi Ghandour and Former SEC Chairman – Jay Clayton.
Top of Form
ADFW is currently registering interests and will be open for registration in the coming weeks. For more information on ADFW and to register your interest, visit https://www.adgm.com/events/abudhabifinanceweek2023.
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Fintech PR
Hitting Milestones, Coinstar and BBC Children in Need Celebrate Together with £1.6 Million in Donations
BATH, England, Nov. 1, 2024 /PRNewswire/ — Celebrating a 20-year partnership in 2024, and with donations surpassing the £1.6 million mark, Coinstar® and BBC Children in Need are commemorating these exciting milestones and raising more funds for this year’s Make Life Lighter campaign supporting young lives to be the best they can be. Right now, BBC Children in Need are only able to help 1 in 8 organisations who approach the charity for funding. With 30% of all children in the UK living in poverty, donors’ support matters more than ever.
To celebrate 20 years of partnership, Coinstar’s team of Business Development Manager Sarah Chappell, Field Technician Nick Metcalfe and International Deployment Manager Kevin Parks got involved in the BBC Children in Need 2024 Yorkshire 3-Peaks Challenge this September, walking 24 miles in 12 hours with ascents of 5200ft, and they raised an impressive £2,200 through sponsorship.
Sarah Chappell, Business Development Manager at Coinstar said “It is a privilege to present the £1.6 million to BBC Children in Need and help support their fantastic work across the UK, supporting children and young people to thrive and be the best they can be.
I’d also like to say a massive thank you to every member of the public who has donated their coins for the last 20 years, using a Coinstar kiosk to deposit and count their coins. Your generosity is amazing.
Once again, our kiosks are open for fee-free donations from November 1st right through to December 14th so do find your nearest Coinstar kiosk and donate to BBC Children in Need and help to Make Life Lighter for children across the UK.“
Claire Hoyle, Director of Income, Marketing and Communications at BBC Children in Need said “We’ve been working with Coinstar for an incredible 20 years! Their support, dedication and fundraising activities have allowed us to continue supporting children and young people across the UK and we couldn’t be more grateful. Over the course of the partnership, the generosity of both Coinstar colleagues and customers has been overwhelming. We’re looking forward to working together and changing the lives of young people for many more years to come.“
BBC Children in Need funds people and places across the UK, in the communities where you live, supporting amazing people in family centres, community spaces, youth clubs and refuges; homeless shelters, hospices and helplines in England, Scotland, Wales and Northern Ireland and are currently funding nearly 1,500 projects from Shetland to the Channel Islands. BBC Children in Need projects work tirelessly in every corner of the UK. In 2022/23, BBC Children in Need helped support 340,000 children and young people.
If you have some spare coins, use the kiosk locator at https://coinstar.co.uk/findamachine to find your nearest Coinstar kiosk and make a donation to BBC Children in Need, fee-free from today, and help make life lighter for children and young people across the UK.
About Coinstar
Coinstar® is the global leader in self-service coin counting with 24,000 kiosks in North America, United Kingdom, and Western Europe. More than 900 billion coins have been processed since Coinstar’s inception in the early 1990s. Coinstar is also the leader in self-service coin counting services in the UK, with around 2,000 kiosks across 4 major supermarket partners. Coinstar is upgrading its kiosk portfolio to accept notes, secure card readers and barcode scanners to serve a growing need for essential cash services across the country.
Photo – https://mma.prnewswire.com/media/2540118/Coinstar_BBC_Press_Release.jpg
Logo – https://mma.prnewswire.com/media/2540117/Coinstar_UK_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hitting-milestones-coinstar-and-bbc-children-in-need-celebrate-together-with-1-6-million-in-donations-302291893.html
Fintech PR
Xinhua Silk Road: Financial co-op for global common dev’t under spotlight at forum held in E. China’s Shanghai Jing’an
BEIJING, Nov. 1, 2024 /PRNewswire/ — Government officials, representatives from global asset management industry, and experts from home and abroad discussed how to promote global common development through financial cooperation as they gathered for the Global Asset Management Forum 2024 Shanghai Suhewan Conference held in Jing’an District of east China’s Shanghai Municipality from October 26 to 27.
Themed “Promoting Global Common Development through Financial Cooperation”, the forum is a high-end communication platform for asset management sector jointly crafted by Jing’an District and Global Asset Management Forum (GAMF). It consisted of one plenary session, three international dialogues, four parallel closed door meetings, and multiple sub-forums.
During sub-forums, executives from global asset management institutes including Morgan Stanley, the Pictet Group of Switzerland, and PineBridge Investments conducted in-depth exchanges. They shared insightful views on topics of common concern such as development trends of financial industry, financial services-empowered technological innovation, long-term fund management, ESG investment, financial cooperation and development, global economic outlook, and trends of asset management industry, hoping to continue to enhance mutual understanding, trust, and cooperation among countries under current complex circumstances. They also probed into new paths for future development of long-term fund management, asset management, and wealth management.
With its financial strength and vibrant innovation, Jing’an is becoming a critical destination for domestic and international financial investment. It is home to more than 500 financial entities across sectors such as securities, asset management, futures, banking, insurance, and funds. In the first half of the year, Jing’an saw the added value of its financial industry reach 30.28 billion yuan (about 4.25 billion U.S. dollars), taking the largest share in the district’s GDP among all industries.
So far, private equity firms ranking high on the list of PEI 300, which measures the five-year fundraising totals of the world’s biggest private equity firms, and entering the Chinese market have settled in Jing’an.
Meanwhile, the financial hub in Shanghai has carried out investment service promotion campaigns in London, Milan, and the United Arab Emirates since 2023 to establish connections with high-quality foreign investment institutions.
Original link: https://en.imsilkroad.com/p/342888.html
Photo – https://mma.prnewswire.com/media/2546524/Xinhua_Silk_Road.jpg
View original content:https://www.prnewswire.co.uk/news-releases/xinhua-silk-road-financial-co-op-for-global-common-devt-under-spotlight-at-forum-held-in-e-chinas-shanghai-jingan-302293648.html
SÃO PAULO, Nov. 1, 2024 /PRNewswire/ —
Highlights
- The Company announced the extension of Renovias’ term until April 13, 2026. Further details can be found in the regulatory matters section.
- Record traffic in all platforms, with growths of 4.4% in toll roads, 5.1% in urban mobility, and 8.8% in airports.
- CCR announced that will start the payment of dividends, totaling R$ 304 million, on November 29, 2024.
- CCR won the auction for the Sorocabana Route. The fixed grant amount offered was R$1.6 billion.
Consolidated Operational and Financial Highlights
|
OPERATIONAL AND FINANCIAL HIGHLIGHTS (R$ MM) |
3Q23 |
3Q24 |
Var.% |
9M23 |
9M24 |
Var.% |
|
Consolidated Adjusted Net Revenue¹ |
3,416 |
3,782 |
10.7 % |
9,745 |
10,748 |
10.3 % |
|
Consolidated Adjusted EBITDA¹ |
2,122 |
2,190 |
3.2 % |
5,853 |
6,265 |
7.0 % |
|
Adjusted EBITDA – Toll Roads |
1,549 |
1,621 |
4.6 % |
4,375 |
4,653 |
6.4 % |
|
Adjusted EBITDA – Mobility |
552 |
571 |
3.5 % |
1,422 |
1,561 |
9.8 % |
|
Adjusted EBITDA – Airports |
235 |
274 |
16.5 % |
632 |
793 |
25.4 % |
|
Adjusted EBITDA – Others |
(214) |
(276) |
28.8 % |
(575) |
(742) |
29.0 % |
|
Consolidated Adjusted EBITDA Margin² |
62.1 % |
57.9 % |
-4.2 p.p. |
60.1 % |
58.3 % |
-1.8 p.p. |
|
Adjusted Net Income¹ |
502 |
560 |
11.7 % |
1,022 |
1,420 |
38.9 % |
|
Net Debt/LTM Adjusted EBITDA (x) |
2.9 |
3.1 |
0.2 p.p. |
2.9 |
3.1 |
0.2 p.p. |
|
Toll Roads – Equivalent Vehicles (million) |
300.9 |
314.0 |
4.4 % |
869.3 |
909.6 |
4.6 % |
|
Mobility – Transported Passengers (million) |
184.3 |
193.6 |
5.1 % |
529.2 |
560.6 |
5.9 % |
|
Airports – Boarded Passengers (million) |
4.8 |
5.2 |
8.8 % |
13.5 |
14.6 |
8.4 % |
|
CAPEX³ |
1,331 |
2,101 |
57.9 % |
4,190 |
4,982 |
18.9 % |
- Excludes construction revenue and expenses. Adjustments are described in the “non-recurring effects” section in Exhibit I.
- The Adjusted EBITDA Margin was calculated by dividing Adjusted EBITDA by Adjusted Net Revenue.
- Includes improvement works that do not generate future economic benefits for ViaOeste.
Videoconference
Conference call in Portuguese with simultaneous translation into English:
November 1st, 2024
10:00 a.m. São Paulo / 09:00 a.m. New York
Videoconference link:
https://grupoccr-br.zoom.us/webinar/register/WN_BwhScwe7RiiCHKDSZ1znTg
IR Contacts
Flávia Godoy: (+55 11) 3048-5900 – [email protected]
Douglas Ribeiro: (+55 11) 3048-5900 – [email protected]
Cauê Cunha: (+55 11) 3048-5900 – [email protected]
Igor Yamamoto: (+55 11) 3048-5900 – [email protected]
Caique Moraes: (+55 11) 3048-5900 – [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/ccr—results-for-the-3rd-quarter-of-2024-302293554.html
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