Fintech PR
Qatari Power International Holding hosts the groundbreaking ceremony for a major resort and convention center in Guyana
Georgetown Seafront Resort is a 300 million USD development will add 410 five stars rooms conference facilities that will increase Guyana’s competitiveness to host conferences.
The resort’s strategic location on Carifesta Avenue along the picturesque Georgetown seafront stands as a harmonious amalgamation of contemporary elegance and rich cultural essence.
GEORGETOWN, Guyana, Feb. 20, 2024 /PRNewswire/ — Power International Holding – PIH- a Qatari based global investment conglomerate held the groundbreaking ceremony of Georgetown Seafront Resort and Convention center a premium development by its subsidiary Assets Group, the hospitality development and management arm.
The event was held under the patronage of His Excellency President of the Cooperative Republic of Guyana, Dr. Mohamed Irfaan Ali, in the presence of dignitaries from various sectors, including tourism, hospitality, and investment in parallel with the Guyana Energy Conference & Supply Chain Expo 2024.
From Power International Holding the ceremony was attended by Mr. Moutaz Al-Khayyat, Chairman, Mr. Ramez Al-Khayyat, Vice Chairman, President & Group CEO, and Mr. Abid Butt, Group CEO of PIH subsidiary Assets Group.
The 76,000 sqm property is a 300 million USD development is set to feature 260 luxurious rooms and suites and 150 serviced apartments part of which are branded residences and premium villas, along with an exclusive Members’ Club.
This project will significantly increase the competitiveness of Guyana as a major conference destination.
His Excellency President of the Cooperative Republic of Guyana, Dr. Mohamed Irfaan Ali has welcomed the Qatari presence in the country, expressing confidence that this development would be a distinctive landmark for Georgetown. He pledged his support for the project.
Moutaz Al-Khayyat, the Chairman of Power International Holding PIH, expressed great enthusiasm regarding the unveiling of the Georgetown Seafront Resort and Convention Center. This gem promises to redefine luxury in Guyana’s flourishing tourism sector. Every aspect of this resort is a testament to unparalleled elegance, thanks to its meticulously crafted accommodations and world-class amenities that are set to elevate Guyana’s hospitality scene.
Ramez Al-Khayyat, Vice Chairman, President and Group CEO of Power International Holding PIH highlighted the celebration as the commencement of promising investments in Guyana across vital sectors like tourism, healthcare, and infrastructure development. He expressed delight in supporting Guyana during this transformative era.
Read the full article on: https://powerholding-intl.com/2024/02/18/power-international-holding-hosts-the-groundbreaking-ceremony-for-a-major-resort-and-convention-center-in-guyana/
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View original content:https://www.prnewswire.co.uk/news-releases/qatari-power-international-holding-hosts-the-groundbreaking-ceremony-for-a-major-resort-and-convention-center-in-guyana-302065371.html
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
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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/
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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
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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