Fintech PR
Huawei Unveils Expansion of its Talent Development Program in Rome this Summer
Announcement Made at End of Week-Long European Event in China
BEIJING, Feb. 7, 2024 /PRNewswire/ — A week-long “Seeds for the future European Grand Finale,” bringing together a select cohort of “Seeds for the Future” alumni hailing from 18 European countries, ended on January 23. Throughout the week, participants engaged in illuminating sessions with tech experts, delved into the realms of connectivity and innovation, and contributed to insightful panel discussions on crucial topics such as diversity, green skills, and sustainability.
The pinnacle of the event, the Closing Ceremony, reverberated with the theme of international cooperation as a cornerstone for crafting a sustainable future for European talent. As we bid farewell to this enriching week of collaboration, Huawei proudly acknowledged the collective strides taken towards fostering innovation, knowledge exchange, and a shared commitment to a sustainable future.
Prof. Shahbaz Khan, Director of the UNESCO Multisectoral Regional Office for East Asia, said during the closing event: “We are delighted to see UNESCO and Huawei’s visions align with each other on eradicating digital illiteracy in young people. On February 2023, Huawei become an associate member of the UNESCO Global Alliance for Literacy (GAL). As the first private company to be an associate member of GAL, Huawei is committed to enhance educators’ use of technology in developing countries.”
Also at the closing ceremony, the Senior Vice President of Huawei Europe, Radoslaw Kedzia, announced a planned expansion of Seeds for the Future in Europe: “Huawei is proud to unveil a new chapter in the “Seeds for the future” program – an immersive, fully offline edition set to take place in Rome, Italy, in July 2024. This initiative, driven by the spirit of international collaboration and dialogue, will bring together students from diverse corners of Europe to converge in one city, fostering a vibrant ecosystem for learning and collaborative development of Tech4Good startup ideas.”
Earlier on, Huawei had unveiled the launch of a Seeds for the Future Scholarship program designed to support talented ICT students in the Netherlands, Bulgaria and Cyprus. This initiative underscores the company’s steadfast commitment to cultivating and nurturing exceptional talent.
Underlining the importance of such opportunities for students, the Ambassador of Cyprus, Martha Mavrommatis, speaking on behalf of the Minister of Education, Sports and Youth, Dr Athena Michaelidou, congratulated Huawei for the successful event and the students for all their efforts towards a sustainable and ecofriendly development. She said: “Companies like Huawei are making investments themselves, in parallel with institutional initiatives, like those of European Union and the member states. Huawei Seeds for the Future program, as the name suggests, is deeply engaged in identifying localized talent and in enhancing knowledge-sharing among professionals and youth.”
Also present, Annette Nijs, Former State Secretary for Education in the Netherlands, noted: “The commitment of Huawei to encourage students who embrace technology is as admirable as it is important. After all, technology will continue to create a fundamental shift in the way we work and live. ICT students of today will use technology in their careers to give wings to the changes of our societies.”
The Ambassador of Moldova, Dumitru Braghis, added: “Seeds for the Future, as Huawei’s flagship CSR program, not only exemplifies corporate responsibility but also showcases a commitment to guiding young talent globally. The program, designed to shape the next generation of leaders in the digital age, goes beyond technical skills. It promotes a sense of global citizenship, encourages cultural exchange, and fosters an entrepreneurial spirit.”
View original content:https://www.prnewswire.co.uk/news-releases/huawei-unveils-expansion-of-its-talent-development-program-in-rome-this-summer-302055433.html
Fintech PR
Statement From Universal Music Group N.V.
HILVERSUM, Netherlands, Nov. 9, 2024 /PRNewswire/ — “We have taken note of Bill Ackman’s post in relation to Pershing Square and UMG on X yesterday. Neither UMG nor any of its other board members were involved in the formulation of the views in that post. As disclosed in UMG’s listing prospectus, Pershing has the right to request a listing in the US subject to a Pershing entity selling at least $500 million in UMG shares as part of the listing. Pershing does not have any right to require UMG to become a US domiciled company or delist from Euronext Amsterdam. While the company will endeavor in good faith to comply with its contractual obligations with respect to undertaking the process of a US listing at the request of Pershing, any actions or decisions beyond those necessary to comply (including any decisions to change the domicile of the company) will be based on an analysis taking into account what is value maximizing and in the best interests of all the shareholders of the company.”
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View original content:https://www.prnewswire.co.uk/news-releases/statement-from-universal-music-group-nv-302300565.html
Fintech PR
Manulife Investment Management aligns capabilities across regions under the newly created role of Global Emerging Market Equities CIO
LONDON, Nov. 8, 2024 /PRNewswire/ — Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities. In this new role, Charlie will oversee and align our Asia ex-Japan and emerging market equity capabilities, ensuring we leverage local resources and insights across the organization.
Manulife Investment Management has operated in emerging markets for more than a century. Today, it has one of the largest equity teams based in Asia with over 90 investment professionals located across 10 markets in the region. By combining local insight with deep investment expertise, Manulife Investment Management will be able to leverage deeper information advantage over other asset managers based outside of Asia. The combined Emerging Market Equities organization manages over US$25 billion in AUM across Asia and emerging markets equity strategies.
“Collaboration and engagement have always been at the heart of our investment culture, and our emerging markets and Asia equity teams have participated in a variety of forums to exchange ideas and insights. The closer alignment of the Asia equity team with the global Emerging Markets equity organization formalizes the longstanding sharing of ideas and insights between our Asia and our emerging markets equity teams. We believe this alignment will translate into improved research sharing and investment decision making, and will enhance our ability to create custom-tailored solutions to meet client needs,” said Colin Purdie, Global Chief Investment Officer, Public Markets, Manulife Investment Management.
Charlie will be spending a considerable amount of time in Asia with the extensive investment teams across the region in the coming months. He will continue to be based in London, affording him the opportunity to work and communicate with the investment teams in London and across Asia effectively, ensuring connections between each.
Charlie brings more than 27 years of investment experience to this role, including over 25 years of Asia equity investment experience with seven years in Hong Kong as well as South Africa and London. Prior to joining Manulife Investment Management’s Emerging Markets Equity team earlier this year, Charlie was a fund manager at Ninety One as part of the Global Quality Capability team that managed assets across five strategies.
Before Ninety One, Charlie was a founding partner at Coupland Cardiff, an Asian investment firm, where he spent 10 years managing Asian focused equity funds. Prior to that, he was based in Hong Kong and served as director of Asia-Pacific research at JPMorgan and as a Hong Kong/China consumer analyst at JF Securities. Charlie started his career at HSBC based in Hong Kong as a HK/China Analyst.
“We are confident Charlie’s deep investment experience, including over 25 years investing in Asia equity, makes him ideally suited to take on the role of CIO, Emerging Markets Equities. We look forward to his leadership, combined with the support of our Asia investment teams, in building upon our strong foundation in the region, and leading our Asia business into the future,” said Steve Medina, Chief Investment Officer, Global Equities, Manulife Investment Management.
At the same time, Manulife Investment Management announced that Kathryn Langridge, Senior Managing Director, Senior Portfolio Manager, and Head of Emerging Markets Equity team, has shared her intention to retire effective October 31, 2025, after an impressive investment career spanning over 40 years. Meanwhile, Ronald Chan, CIO, Asia ex-Japan Equity, is departing Manulife Investment Management.
“The alignment of the Asia and the Emerging Markets equity teams is a testament to the critical role Asia plays in today’s equity markets, and further draws attention to the deep pool of talent in Manulife’s investment organization,” said Charlie Dutton, Chief Investment Officer, Global Emerging Market Equities. “By globalizing and strengthening this capability, Manulife Investment Management is better positioned to deliver for its clients while expanding the pipeline of research and insight the Emerging Markets equity team can deliver for other capabilities at the firm on a global basis.”
About Manulife Wealth & Asset Management
As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
Media contacts: Carl Wong, Manulife Investment Management Asia, +852 2510 3180, [email protected]; Elizabeth Bartlett, Head of Wealth & Asset Management Public Relations, North America & Europe, Manulife Investment Management, +1 857 210 2286, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/manulife-investment-management-aligns-capabilities-across-regions-under-the-newly-created-role-of-global-emerging-market-equities-cio-302300146.html
Fintech PR
Palm Jebel Ali Project Surges Ahead in 2024: Milestones Achieved in Record Time for Dubai’s Most Anticipated Development
DUBAI, UAE, Nov. 8, 2024 /PRNewswire/ — Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, has marked significant progress in the development of Palm Jebel Ali in 2024, with the project progressing at pace to meet 2025 milestones.
The development masterplan was approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai in May 2023, who said at the time; “Palm Jebel Ali will further strengthen our urban infrastructure and consolidate the city’s emergence as one of the world’s leading metropolises. This new groundbreaking project reflects our strategic development plan centred on raising the quality of life and happiness of residents.”
The Palm Jebel Ali area received further recognition this year when His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, approved the master plan for the 6.6 kilometre development of Jebel Ali Beach. The project includes a five-kilometre sandy beach, to be developed by Nakheel, as well as a 1.6-kilometre-long Mangrove Beach, to be developed by Dubai Municipality.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said; “At Nakheel we believe in developing dreams, inspired by the vision of our leaders and the hopes of our people. The rapid progress we are currently witnessing on ground at Palm Jebel Ali is testimony to the grand success of our key partnerships and our joint endeavours to ensure we deliver on our commitments.”
Several key contracts for the project were awarded throughout 2024, including the construction of a new 6-kilometre road, the contracts for the island’s marine works, dredging, land reclamation, beach profiling and sand placement, directly supporting the construction of villas. The first eight fronds of the project are expected to be site-ready for villa infrastructure and civil works by the first quarter of 2025.
Crucially, the contract for the construction of exclusive ultra-luxury villas on the first six fronds of the project has also been awarded and are scheduled for completion by late 2026. Nakheel recently announced their partnership with Dubai Electricity and Water Authority for the development of two substations on Palm Jebel Ali.
Video: Palm Jebel Ali
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View original content:https://www.prnewswire.co.uk/news-releases/palm-jebel-ali-project-surges-ahead-in-2024-milestones-achieved-in-record-time-for-dubais-most-anticipated-development-302300134.html
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