Fintech PR
ewpartners Highlights Case for Investment into MENA Region at SuperReturn Asia
SINGAPORE, Sept. 25, 2024 /PRNewswire/ — ewpartners, the first international private equity firm to establish an Asian-Saudi cross boarder investment platform, will use its speaking appearance at SuperReturn Asia this week to outline the significant investment potential of the Middle East for APAC investors searching for diversified risk-adjusted returns.
Mr. Cliff Chau, Managing Partner at ewpartners, will be speaking on Thursday 26th September on the cross-border investment opportunity between Asia and the Middle East and North Africa (‘MENA’) region. ewpartners was founded in Riyadh in the Kingdom of Saudi Arabia in 2017 and has witnessed the incredible growth of the Kingdom over the past seven years. Through its funds, ewpartners invests across three key themes: digital infrastructure & solutions, advanced manufacturing & energy transition, and logistics & consumer enablement. Its first-mover advantage and local knowledge of the region is a crucial benefit for APAC investors.
To exemplify the MENA region’s progress, Mr. Chau will discuss Saudi’s Vision 2030 as a primary example of how the Kingdom is encouraging foreign investment as part of its wider blueprint to diversify its economy. Launched in 2016, the project is just past its halfway point, prompting an ideal moment to reiterate the progress the Kingdom has made in shifting their economy away from oil dependence and towards a more vibrant environment for both citizens and investors.
Over the past eight years, Saudi Arabia has launched $1.3 trillion into real estate and infrastructure projects to craft the country into a more attractive place to work, live and travel. At the same time, the Kingdom has become a leading fintech hub with the establishment of Fintech Saudi. Over $1 billion has been invested into the industry, and a regulatory environment created which is supportive of growth and innovation.
Mr. Chau will highlight how this transformation into a wider economic base offers unparalleled opportunities for investors who are looking for long term projects that align with their strategic objectives.
As Saudi has opened its doors and expanded business opportunities, countries have risen to the occasion. MENA countries have effectively communicated their commitment to mitigating perceived risk association in the region whilst simultaneously revising investment legislation, easing market entry and strengthening investment promotion agencies. Mr. Chau will speak directly to APAC investors on how these advancements have resulted in a drastic rise of Foreign Direct Investment into MENA from $57 billion in 2020 to $103 billion in 2023[1].
The growing foreign investment landscape in the MENA region is largely driven by players such as the United States, European countries and China, presenting a unique opportunity for investors from the global market to expand their presence, particularly in the region’s non-oil sectors. Areas such as renewable energy, technology, logistics, and tourism are becoming key areas of investment. Saudi Arabia’s Vision 2030 has attracted over $12 billion in green energy investments, and the UAE is set to increase its FDI in the tech sector by 7% annually. MENA countries continue diversifying their economies away from oil, and Asian nations, with their growing expertise in industries like technology, renewable energy, and manufacturing, are well-positioned to capitalize on these opportunities. Strategic investments from Asia can help accelerate the MENA region’s economic transformation while fostering deeper economic ties and partnerships.
Rebranding
Since its launch in Riyadh in 2017, ewpartners has raised and fully deployed 400 million USD for its Fund I and is targeting 1 billion USD for its Fund II as a direct response to strong investor interest. The company, previously known as eWTP Arabia Capital, recently re-branded to ewpartners to symbolise a broadening out of its initial focus to include investments into the wider MENA region. The ‘east west’ wording incorporated into ewpartners symbolises the transfer of knowledge and investment that the company facilitates between Asia and the Middle East.
ewpartners has successfully built companies that not only create significant value for APAC investors but also contribute meaningfully to key industries in the MENA region, achieving exceptional business growth. A prime example is Saudi Cloud Computing Company (SCCC), which ewpartners have built up to drive digital infrastructure in the region, benefiting consumers, companies, and investors alike. Additionally, ewpartners supported J&T Express, a last-mile delivery service operating across Saudi Arabia, in achieving top-tier ranking in delivery efficiency and securing a place among the top three companies in the industry by average daily order volume. This not only highlights ewpartners’ role in driving growth and operational excellence in critical sectors like logistics but also demonstrates how upgrading the logistics industry has fueled the growth of the e-commerce market, unlocking the high purchasing power of the Middle East region.
Speaking at an event held at ewpartners offices in the King Abdullah Financial District (KAFD) in Riyadh to celebrate the new brand, ewpartners Founder and Managing Partner Jessica Wong said:
“We were the first cross–border investment platform to establish ourselves in the Kingdom of Saudi Arabia and our first-mover advantage has meant the last seven years has been a period of great success for us. As we launch our new brand here in the KAFD we are excited to renew our commitment to the Kingdom, as well as signal our intention towards the wider Middle East. We have already identified a pipeline of opportunities, and we look forward to acting on that as we contribute towards the region’s vision of connectivity, growth, and global prominence.”
Mr. Chau’s panel at SuperReturn Asia will dive deeper into ewpartners’ role in developing the MENA region into a future hub of innovation and how APAC investors can rely on them to facilitate trans-border investment.
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 focuses on building value across borders by establishing strategic partnership with exceptional companies. Our team’s expertise in shaping innovative conducive policy frameworks can support governments in fostering economic transformation and diversification driven by innovation and technology.
We are committed to investing in, supporting, and growing successful businesses across the Asia and MENA regions, with a focus on key industries and themes such as digital infrastructure & solutions, advanced manufacturing & energy transition, and logistics & consumer enablement.
For additional information, please visit https://ewpartners.fund/
[1] Source: World Bank Group, 2023: https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD?locations=ZQ
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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice
LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
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