Fintech PR

Inaugural SuperBridge Summit ends on a high

Published

1 year ago

October 18, 2023

inaugural-superbridge-summit-ends-on-a-high

Day two brought together investors, business, government, policy and cultural leaders to discuss key investment themes and future large-scale possibilities

DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ — The inaugural edition of the SuperBridge Summit Dubai closed today at Dubai’s iconic Museum of the Future, with a focus on the opportunity presented by large infrastructure projects needed across Africa, how venture capital funds are navigating the evolving investment landscape, and the burgeoning prominence of digital assets and their pivotal role in shaping the future of the financial landscape.

In her opening remarks presented by an AI avatar video on the second morning, Vanessa Xu, Co-founder, SuperBridge Council, and Executive Chairman & CIO, VS Partners, reflected on the vision of SuperBridge, as a “platform to discover and celebrate forward looking practical solutions, that are spread across disciplines, geographies and perspectives,” and the success of the previous day. Afternoon sessions on the first day included a conversation on the ethics of AI with Dr. Hong Jiang Zhang, Advisor to the Beijing Academy of AI, a session on the practical real-world applications of AI, which included insights from Henry Haijan He, Executive Director and CFO, Kingsoft Cloud; an Executive Panel on the future of urban living, including Dr. Chao Wang, Founder and CEO of Ambilight; and a fireside chat on unleashing sustainability innovation.

Xu then looked ahead to the agenda for the second day of “cutting-edge conversations on digital assets, venture capital, and frontier technologies and geographies that have the potential to reshape global markets”.

In a panel session titled ‘Africa’s Underrated Opportunity: Challenging Perceptions Through Partnerships’, ministers from Africa discussed the transformation of cities. Making life easier for everyday people across the continent was discussed by regional leaders, including H.E. Dr. Sahar Nasr, former Minister of Investment and International Cooperation in Egypt; H.E. Dr. Ghita Mezzour Morocco Minister of Digital Transition and Administration Reform; and H.E. Aurelie Adam Soule, Benin Minister of Digital Economy and Communications.

Sharif El-Badawi, CEO of Dubai Future District Fund; Abdulrahman Al Jiffry, Partner of 500 Global; Dr. Bing Xiang, Founding Dean and Professor of China Business and Globalization, Cheung Kong Graduate School of Business, then discussed the strategic approaches of VC funds for navigating the evolving investment landscape, in a Panel titled ‘Global Investment Slowdown: Navigating Promising Sectors Executive Panel Discussion’, identifying promising investment opportunities and the key trends shaping investment decisions in today’s challenging landscape.

Sarah Cocker, CNBC TV anchor, moderated a high-level panel entitled titled ‘Scaling Ventures: Navigating Global Markets with VC Funds and Tech Accelerators’, with leading VC managers discussing exciting market expansions across the region. Noor Sweid, Managing Partner of Global Ventures; Ruby Lu, Managing Partner of Atypical Ventures; Seena Amidi, Managing Partner of Plug and Play; and Jack Selby, Managing Director of Thiel Capital, outlined funds and tech accelerators shaping the future of innovation, with interesting insights on the forces to succeed in global economies.

The day and the Summit wrapped up with an interactive panel discussion led by Marcel Kasumovich, Deputy Chief Investment Officer for Coinbase Asset Management, focused on the digital assets’ unlocking potential in an evolving technological and regulatory landscape. Holding the power to revolutionize financial services, Marcel explained the pivotal role of digital assets to drive unprecedented opportunities for industries to enhance value delivery for customers.

A pioneering initiative by KAOUN International, a subsidiary of the Dubai World Trade Centre (DWTC), and the SuperBridge Council, the SuperBridge Summit Dubai was held in partnership with the 43rd edition of GITEX Global, the world’s largest and most influential tech event hosted in Dubai, attracting 180,000 tech executives and investors from 180 countries.

The date and location of the next SuperBridge Summit will be announced soon; please follow www.superbridgedubai.com for further updates.

Website:
http://superbridgedubai.com/

Press Registration:
http://event.superbridgedubai.com/MediaRegistration

On social media:

Facebook: https://www.facebook.com/superbridgesummit/
Instagram: https://www.instagram.com/superbridgesummit/
Twitter: https://twitter.com/superbridgedxb
LinkedIn: https://www.linkedin.com/company/superbridgesummit/about/

Hashtag:
#SuperBridgeDubai

About KAOUN International

KAOUN International is the independent events company and wholly owned subsidiary of Dubai World Trade Centre (DWTC) established to organize and manage events internationally. Derived from the Arabic word ‘universe‘, KAOUN International‘s mission is to ‘Create Limitless Connections‘ for the industries and markets in which it operates. Created to leverage the 40-year legacy of DWTC‘s events management business and drive future MICE sector opportunity in the MENASA region. KAOUN International delivers game-changing live experiences that build robust business connections, create opportunity, and stimulate economic growth, building on DWTC‘s extensive portfolio of business and consumer events spanning multiple sectors, including technology, food and hospitality, sustainability, broadcast and satellite, automotive, talent development and leisure marine.

About the SuperBridge Council

The SuperBridge Council was established to synergize and bring together a new non-political platform for global leaders from fast-growing economies. It bridges the old and the young, tradition and modernity, the north and the south, the east and the west, to inspire new strategies and forge sustainable solutions for the next generations to thrive. The inaugural edition of the show will take place from 16-17 October 2023, at the Museum of the Future in Dubai, UAE. More information: http://superbridgedubai.com/

Photo: https://mma.prnewswire.com/media/2250691/Vanessa_Xu_SuperBridge_Summit.jpg

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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

58 minutes 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

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

Fintech PR

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

Published

58 minutes 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/

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

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

14 hours 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.