Fintech PR
Managing Partner of ewpartners Reports on Unlocking the Investment Potential Between Global Markets and the Middle East
RIYADH, Saudi Arabia, Sept. 25, 2024 /PRNewswire/ — In today’s rapidly shifting geopolitical and economic landscape, the investment partnership between global markets and the Middle East presents unprecedented opportunities. As the Managing Partner of ewpartners, Cliff Chau has witnessed firsthand the potential that lies in strengthening collaboration between these regions.
In a recent analysis, Cliff Chau emphasized: “Today, institutional investors around the world stand at a critical juncture. With increasing global uncertainty, investors are searching for new opportunities, and now is the perfect time to explore the vibrant markets of the Middle East.”
Cliff Chau highlights five key points for unlocking the investment potential between global markets and the Middle East:
1. Economic Diversification: A Region in Transformation
The Middle East, particularly the Gulf Cooperation Council (GCC) countries, is undergoing a profound economic transformation. Traditionally oil-dominated economies are diversifying into sectors such as technology, renewable energy, healthcare, and infrastructure. National programs, such as Saudi Arabia’s Vision 2030, are advocating for future-oriented economic development and providing numerous opportunities for foreign investors. The digital era is also creating new avenues for growth, particularly in sectors where digital penetration remains low, such as among female entrepreneurs and business leaders, offering untapped potential. These sectors include Infrastructure & Logistics, Fintech, Technology/ICT, Tourism, Gaming/Esports, New Energy, Healthcare, Consumer, and Agriculture.
For global investors, the unique combination of market conditions in the Middle East, supported by government backing and the need for innovation, offers fertile ground for partnerships and investment in key sectors.
2. Hedging Against Global Economic Slowdowns
In the face of global uncertainty, investors are looking for markets that can hedge against risk. As the global economy faces challenges, it is essential to find high-growth areas beyond traditional powerhouses. The Middle East, driven by its push for diversification, provides such a dynamic market—one that is worth watching. Institutional investors can use it to mitigate risks while gaining access to new growth opportunities.
3. High Growth Potential in Key Sectors
In recent years, the Middle East has initiated a series of ambitious large-scale development projects. These projects, from smart cities to sustainable energy ventures, are driven by government initiatives and private-sector collaboration. Saudi Arabia’s Vision 2030 alone is set to attract trillions in investments as it transforms into a knowledge-based economy. These developments offer global institutional investors access to high-profile projects that promise long-term returns.
4. Strategic Location as a Trade Hub
The Middle East’s unique geographic position, acting as a bridge between Asia, Africa, and Europe, makes it a crucial hub for global trade and logistics. Global investors, particularly those looking to expand their international market influence, can leverage this connectivity to create synergies between supply chains and logistics networks. As the region strengthens its role as a global trade nexus, investments in infrastructure—especially in transport and logistics—will become increasingly important.
5. Stability Backed by Financial Reserves
The region’s financial stability, supported by significant sovereign wealth funds and vast financial reserves, provides investors with confidence. Governments across the GCC are not only well-capitalized but are also actively deploying capital to foster innovation and sustainable growth. Partnering with these nations, which hold some of the largest sovereign wealth funds in the world, opens doors to co-investment opportunities that offer financial security alongside shared growth.
At ewpartners, we are committed to unlocking these opportunities, facilitating partnerships, and fostering the exchange of capital and innovation across borders. The time for global investors to seize the potential of the Middle East is now—through smart investments, collaborative ventures, and a shared vision for growth.
About ewpartners
ewpartners (formerly eWTP Arabia Capital) is an international investment firm specialising in cross-border investments between Asia and the MENA region. Backed by the Public Investment Fund (PIF), the firm has been active in Saudi Arabia since 2017 and was the first investment firm to launch a cross-border platform between the Kingdom and China.
Headquartered in Riyadh, ewpartners is focused on developing the MENA region as a future hub of innovation. Its approach has three pillars:
It invests across multiple industries including technology, infrastructure, IoT, finance, tourism, healthcare, new energy, and consumer goods – all with a focus on industrial and digital upgrading.
It fosters global strategic partnerships, such as joint ventures between Asian and MENA industry champions, to support global expansion and sustainable growth.
The team’s expertise in shaping innovative conducive policy frameworks can support governments in fostering economic transformation and diversification driven by innovation and technology.
For additional information, please visit https://ewpartners.fund/
Photo: https://mma.prnewswire.com/media/2515464/Cliff_Chau.jpg
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Fintech PR
Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app
LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.
The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.
With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.
Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”
The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.
Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”
Editor’s notes
- Contact: Rob Benson, 07815098560, [email protected]
- Further images, interviews, site visits available
About MyStaff app
The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.
Web: mystaffapp.io
About Mid and South Essex NHS Foundation Trust
MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.
Web: mse.nhs.uk
Photo – https://mma.prnewswire.com/media/2558941/MSE_CEO_Matthew_Hopkins_MyStaff_app.jpg
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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
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