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
Bybit Crypto Titans: November Arena Boasts 55,000 USDT in Rewards
DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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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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Fintech PR
ThunderSoft Partners with HERE Technologies to Enhance Intelligent Navigation Solutions
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
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