Fintech PR
Salama appoints AIG veteran Mohamed Ali Bouabane as Group CEO

Move aligns with insurer’s next phase of growth and digital transformation
DUBAI, UAE, April 7, 2025 /PRNewswire/ — Regional insurer Salama (DFM: SALAMA) has announced the appointment of Mohamed Ali Bouabane as Group Chief Executive Officer.
Previously CEO of AIG GCC & North Africa, Bouabane brings extensive experience in the insurance sector, positioning Salama for its next stage of expansion and digital innovation.
With a career spanning more than two decades across Canada, Dubai, and Hong Kong, Bouabane has led strategic transformations, strengthened market positioning, and driven operational excellence across multiple regions. His expertise in risk management, digital transformation, and market expansion will be instrumental in advancing Salama’s leadership in the Middle East and Africa.
“I am delighted to welcome Mohamed to Salama as Group CEO,” said His Excellency Fahad AlQassim, Chairman of Salama. “His deep industry knowledge and leadership track record make him the ideal choice to drive our continued success and strengthen our commitment to delivering exceptional value to our customers and shareholders.”
Expressing his enthusiasm for this new chapter, Bouabane said, “I am honoured to join Salama as Group CEO and lead a team dedicated to delivering innovative insurance solutions. I look forward to working with our talented professionals to drive growth, enhance customer experience, and reinforce Salama’s position as a market leader in the insurance industry.”
Bouabane’s appointment is effective immediately as Salama continues to solidify its position as a leading provider of Takaful insurance solutions.
About Salama
Salama Islamic Arab Insurance Company (Salama) is one of the world’s largest and longest-established Shariah-compliant Takaful solutions providers listed on the Dubai Financial Market, with paid-up capital of AED 939 million.
Since its incorporation in 1979, Salama has been a pioneer in the Takaful industry, having won many industry awards and accolades. Salama’s stability and success can be attributed to its customer-centric approach that keeps its customers and partners at the heart of the business, while staying committed to its Takaful principles. The company is recognised for providing the most competitive and diverse range of family, motor, general and health Takaful solutions that meet the ever-changing demand of its individual and corporate customers in the UAE and, through its extensive network of subsidiaries and associates, in Egypt and Algeria.
As the preferred Takaful provider for its partners and customers, Salama remains committed to shaping tomorrows, together.
Photo: https://mma.prnewswire.com/media/2658942/Salama_Group_CEO.jpg
View original content:https://www.prnewswire.co.uk/news-releases/salama-appoints-aig-veteran-mohamed-ali-bouabane-as-group-ceo-302421867.html
Fintech PR
Bitget’s Ramadan Campaign Serves Over 60,000 Meals to Communities in Need

VICTORIA, Seychelles, April 14, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up its Ramadan charity initiative with an extraordinary milestone: 60,224 meals provided to families and individuals facing food insecurity across multiple regions. What began as a company-led effort quickly grew into a community-wide movement, with Bitget users, employees, and leadership coming together to amplify the campaign’s global reach.
The initiative started with an 8,000 USDT donation from Bitget, which laid the foundation for further contributions. Users rallied behind the cause, donating an additional 13,408 USDT—an amount Bitget proudly matched, doubling the impact. Beyond the platform’s direct efforts, local teams stepped up in meaningful ways. The Turkish office allocated 8,900 USDT to support families in their region. To cap the initiative, Vugar Usi Zade, Bitget’s Chief Operating Officer, personally contributed 16,000 AED to a UAE-based charity, reinforcing the campaign’s global reach.
For Bitget, corporate social responsibility isn’t an afterthought; it’s woven into the company’s ethos. This Ramadan campaign reflects a broader philosophy: that success in the digital asset space should translate into tangible good for communities worldwide. “Seeing our team, partners, and users come together in this way has been incredibly humbling,” said Vugar Usi Zade, COO of Bitget. “Crypto is about more than markets and technology; it’s about people. This initiative proves that we can make a real difference when we pool our resources, whether through donations, matching, or local action.”
The numbers tell only part of the story. Behind each meal is a family that didn’t have to worry about their next iftar, a child who went to bed nourished, or an individual who felt seen in a moment of need. That’s the kind of impact Bitget strives for—not just during Ramadan but year-round.
Bitget’s Ramadan campaign sets a new benchmark for what the crypto industry can achieve when it prioritizes giving back. With over 60,000 meals distributed, the effort underscores how businesses can and should leverage their platforms for social good. Future initiatives are already in the works, building on this momentum to address food security, education, and economic empowerment in underserved communities.
Thank you to those who contributed, whether through donations or spreading awareness. This wasn’t just Bitget’s campaign; it belonged to everyone who believed in its mission. And if this is what the community can accomplish together in a matter of weeks, imagine what’s next.
Photo – https://mma.prnewswire.com/media/2658090/image_5033042_35575455.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bitgets-ramadan-campaign-serves-over-60-000-meals-to-communities-in-need-302427475.html
Fintech PR
Nomentia Unveils AI Cash Flow Forecasting for Accurate & Predictive Insights

HELSINKI, April 14, 2025 /PRNewswire/ — Nomentia, a European leader in treasury and cash management solutions, announces an enhancement to their existing cash flow forecasting solutions with powerful AI features. This upgrade accelerates implementation while delivering with more advanced and precise forecasting for businesses.
As businesses have increased demand for boosting efficiency with AI-driven solutions, treasurers and finance professionals are also looking for treasury management solutions equipped with AI to elevate their performance. AI provides exceptional power for data processing and the technology could enable treasury and finance teams to achieve more accurate, real-time financial insights for proactive risk management.
Accurate cash flow forecasting has always depended on data quality and analytical rigor, but traditional methods struggle with volatility and rapid market shifts. AI transforms this process by automatically detecting and correcting anomalies, accounting for seasonal patterns to minimize forecasting errors. With real-time data synchronization in one single platform, eliminating data siloes and outdated projections, AI-powered cash flow forecasting supports businesses to move beyond reactive planning and adopt a proactive financial strategy.
At Nomentia, predictive analytics for cash flow forecasting has been researched, implemented and perfected for years alongside with industry-leading clients. This has enabled us to bring the highest performing AI forecasting model specifically built for treasurers. The upgrade also includes improvement in implementation, allowing users to quickly access and leverage AI-driven cash flow forecasting.
Jukka Sallinen, Chief Executive Officer at Nomentia, expressed enthusiasm for the new milestone: “For years, we’ve worked alongside our clients to refine AI-driven cash flow forecasting, ensuring it meets the real-world challenges of modern treasury teams. With the power of AI, cash flow forecasting is not just a necessity, but a strategic advantage.”
With AI-powered forecasting, businesses can reduce uncertainty, optimize liquidity and make more confident financial decisions. In today’s rapidly changing markets, staying ahead means leveraging technology that not only predicts cash flow but also continuously adapts to new challenges – ensuring long-term financial stability and growth.
Hubert Rappold, Senior Treasury Expert at Nomentia, shared his perspective: “AI is revolutionizing cash flow forecasting by eliminating blind spots and providing real-time, data-driven insights. Instead of relying on static models, treasury teams can now adapt dynamically to market shifts, improving liquidity management and financial resilience.”
With AI-driven cash flow forecasting, Nomentia aims to equip businesses with highly accurate predictions and enhanced operational efficiency, enabling treasurers to make faster and better financial decisions.
For media inquiries, please contact:
Vy Dang
Senior Marketing Manager
vy.dang@nomentia.com
+358503693834
This information was brought to you by Cision http://news.cision.com
View original content:https://www.prnewswire.co.uk/news-releases/nomentia-unveils-ai-cash-flow-forecasting-for-accurate–predictive-insights-302427438.html
Fintech PR
Worry-Free Compliance in Germany – With the S+P Compliance Package

Simple. Comprehensive. Secure.
LONDON, April 14, 2025 /PRNewswire/ — Regulatory compliance in Germany is complex – and non-compliance can be costly. S+P Compliance Services offers the S+P Compliance Package, a turnkey solution for companies regulated by BaFin, such as banks, investment firms, FinTechs, and asset managers.
Why Outsource Compliance to S+P?
- Cost Efficiency
Outsourcing reduces internal HR and training costs.
Outsource Compliance Officer - Regulatory Expertise in Germany
S+P specializes in companies with BaFin licenses and knows all key German laws like KWG, ZAG, and IFR – and EU rules like DORA.
Outsourcing MLRO in Germany - Risk Mitigation
We help reduce liability and ensure your compliance setup is audit-ready.
Internal Audit Outsourcing - Focus on Core Business
You handle your clients – we handle your compliance.
Simplify Compliance
Get Started in Three Simple Steps
- Contact Us – Request a consultation
- Receive Your Offer – Tailored to your regulatory classification
- Sign Your Outsourcing Contract – We ensure full compliance from day one
Email: compliance@sp-partners.de
sp-consulting.co.uk/contact
+44 20 77 180 282
S+P Compliance Services – The trusted partner for BaFin-regulated firms in Germany.
View original content:https://www.prnewswire.co.uk/news-releases/worry-free-compliance-in-germany–with-the-sp-compliance-package-302427429.html
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