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  • Pakistan Business Professional Council Abu Dhabi 18th Annual General Meeting

    Pakistan Business Professional Council Abu Dhabi 18th Annual General Meeting

    Pakistan Business Professional Council Abu Dhabi18th Annual General Meeting

     Abu Dhabi, UAE – The Pakistan Business Professional Council (PBPC) Abu Dhabi held its 18th Annual

    General Meeting on the 28th of November 2022 at the Abu Dhabi Chamber attended by a large majority of its Corporate and Individual members.
    Mr. Zafar Iqbal Chaudhry, Chair of the AGM and the Founding Member gave his opening remarks. He addressed the members with a brief history of the Council and the continuity from 2004 and its successes in the past since it was established.
    President Dr S. Qaiser Anis presented the Council’s accomplishments and highlighted the significant events with 98 activities in 2021, 71 activities in 2022 and during the pandemic in 2020, the Council carried out 75 activities.

    The Office Bearers of the Council presented reports on the activities of their respective areas – VP Legal & Coordination Mr. Badar Uz Zaman Ahmed, VP Programme Mr. Mohd. Iqbal Nasim, Mr. Asif Zaman on Expo Dubai Activities, and VP Membership Dr. Muhammad Farhan.  The Audited Finance Statement of the Council by VP Finance Mr. Rizwan Ahmed Sheikh including the Auditor’s Reports was approved.

    Dr. Qaiser Anis thanked also the Abu Dhabi Chamber of Commerce, whose support is always available, to government entities including the Ministry of Economy, the Department of Economic Development, and the State Bank of Pakistan with which the council worked for conducting various events and webinars successfully.Moreover, he thanked Council’s Board members for their teamwork and the corporate and individual professional members of the Council for their continuous support and encouragement.

    The members of the Council have elected the following Board members for the next two years term as recommended by the Nomination Committee of the Council and unanimously voted by the Members:
    1. Dr. Syed Qaiser Anis      2۔ Mr. Badar Uz Zaman Ahmed  3. Dr. Muhammad Farhan
    4. Mr. Muhammad Iqbal Nasim  5. Mr. Mohammad Sohail Khokhar   6. Mr. Syed Asif Zaman
    7. Mr. Sheikh Ahmed   8. Mr. Rizwan Ahmed Viqar  9. Mr. Ahmed Ullah  10. Mr. Syed Ijaz Hussain BukharI. Mr.Imtiaz Feroz Gondal, Deputy Head of Mission of Pakistan Embassy UAE, appreciated the work of the Council, especially at the Dubai Expo 2020 in which about 25 events were conducted and that PBPC Abu Dhabi promoted the Roshan Digital Account.

    He also thanked the leadership of the President who brought the Council to the highest esteem in UAE. He mentioned that the Pakistan Embassy will work for the membership and for the promotion of trade, commerce, and investment in Pakistan hand in hand with Council.

    The Council together with the members has to continue working to foster exchanges between Pakistan and the United Arab Emirates. Members are encouraged towards more active involvement and participation to keep the PBPC Abu Dhabi one of the leading business councils for businessmen and professionals.

    The AGM appealed to all members of the Pakistani Community (Businessmen and Professionals) to stand together under the umbrella of the Council to strengthen the relations with the UAE Authorities, other communities, and interaction between themselves.
    Visit us at www.pbpcuae.org.

  • FOREVER 21 Opened its 14th UAE Store at Circle Mall Jumeirah Village Dubai

    FOREVER 21 Opened its 14th UAE Store at Circle Mall Jumeirah Village Dubai

    FOREVER 21 on an Expansion Spree in the Middle East and Southeast Asia

     Opened its 14th UAE Store at Circle Mall Jumeirah Village Circle, Dubai on Thursday 17th, November 2022

    Dubai(News Desk)::Forever 21 is geared up to further increase its footprint in the region, with the launch of its 5,100 sq. feet store at Circle Mall in Jumeirah Village Circle, Dubai, on Thursday 17th November 2022. This marks the 14th store of Forever21 in UAE and 22nd store in Sharaf Retail’s portfolio of Forever 21 brand.The brand is determined to bring fast fashion at affordable pricing to its consumer and also deliver a great in-store experience.
    Commenting on the new store launch and expansion strategy for Forever 21, Yasser Sharaf, Vice President (Retail, Hospitality, Industry and financial services) of Sharaf Group said, “This is in line with our vision and endeavour to reach closer to our brand fans in different parts of the UAE and convert new ones. Our goal is to nurture the longstanding relationship with Middle Eastern consumers by investing in expanding our presence across the region and elevating the brand experience across an Omni channel ecosystem that encompasses retail stores, eCommerce and social media.”
    With its Circle Mall store opening, FOREVER 21 will also be rolling out its winter & holiday wardrobe collection. The winter & holiday collection will be available offline across all stores and online.
    Forever 21 was acquired by Authentic Brands Group (ABG), a global brand development, marketing and entertainment company in 2020. In October 2021, Authentic Brands Group (ABG) had announced a long-term partnership with Sharaf Group for Forever 21. Through the agreement, Sharaf Group, which has been Forever 21’s core operating partner in the Middle East for the last decade expanded its licensing rights from apparel and accessories to additional product categories including health and beauty, fragrance and home, and new territories including Southeast Asia and e-commerce.
    Forever 21 and Sharaf are currently rolling out a regional Omni channel strategy focused on today’s generation of fashion consumers.
    Henry Stupp, President, EMEA at Authentic Brands Group notes, “Over years, Forever 21 has established a strong foothold in the Middle East & South East Asia and we are excited to launch the next phase of its growth in the region. Sharaf Group is an experienced leader in the Middle East & South East Asia’s retail market with vast expertise in the retail industry. We look forward to our expansion spree in the region in collaboration with the Sharaf Group.”
    Sharaf Group specializes in retail development and brand building, with expertise in design, manufacturing, store operations and e-commerce that enable a seamless brand and consumer experience across all touchpoints.In the Middle East, Forever 21 offers fashion and lifestyle offerings for men, women and teens and can be found in more than 17 retail stores and online. For more information, visit www.Forever21.ae

  • Unveiling of QuantoPay’s Metaverse Experience at Exclusive Event Amidst Top Crypto Executives and Football Legend Michel Salgado

    Unveiling of QuantoPay’s Metaverse Experience at Exclusive Event Amidst Top Crypto Executives and Football Legend Michel Salgado

    Unveiling of QuantoPay’s Metaverse Experience at Exclusive Event Amidst Top Crypto Executives and Football Legend Michel Salgado

    Dubai:(News Desk)::The disruptive fintech application, QuantoPay, has raised the bar to unseen heights after they hosted their futuristic “Experience in the Metaverse” event. QuantoPay re-emphasised their agenda to revolutionize the future of finance with their visionary approach to enhancing user experience. The invite-only event which was held on the 11th of November 2022, hosted the top industry investors, business leaders and media personnel across the crypto and Web 3 space, all gathered together to celebrate the unveiling of QuantoPay’s second Metaverse experience.

    The event was inaugurated by keynote addresses of senior executives from QuantoPay and Crypto Oasis. One of the fastest growing blockchain ecosystems in the world, Crypto Oasis, announced a partnership with QuantoPay, creating a precedent for the MENA region’s cryptocurrency market. Dr. Alexander Brexendorff, Director of QuantoPay, while speaking on the occasion said, “QuantoPay aims to deliver the best digital and blockchain financial management experience to its customers. We are, therefore, excited to announce that after our team’s consistent efforts we have launched the soft GO LIVE of the QuantoPay application on Google Play Europe.”

    One of the highlights of the event was the interaction between the guests and QuantoPay Ambassador Michel Salgado, who also received a specially designed tribute from QuantoPay. As part of QuantoPay’s We.Care initiatives, a presentation on the Ocean Project & Coral Protection initiatives, which are supported by King Charles, was given after football legend Michel Salgado announced his intention to launch a scholarship programme for young football talent in Pakistan’s underprivileged societies, enabling aspirant future football legends to realise their dreams.

    Michel Salgado is the first Real Madrid football player to have an avatar in the Metaverse, which was unveiled when football fans experienced the Metaverse with the football legend in real time. Following this, he announced 10 lucky winners of the first lucky draw in the Metaverse for tickets to the FIFA World Cup 2022TM, courtesy of Visa. Thanks to the collaboration of Verse Estate, the entire event was a unique convergence of a live event into a state-of-the-art Virtual Reality – Verse Estate Metaverse experience, oriented around the FIFA World Cup 2022 match tickets draw, including other features like interactive games, live DJ, limited edition QuantoPay NFT giveaways, Quantocoin token drops and Verse Estate hyper-realistic metaverse NFTs.

    The grand finale of the occasion featured a draw for NFTs, to be used as keys to LA and NY penthouse estates in the Metaverse. These apartments are a unique digital innovation that will not only appreciate in value, but can also be enjoyed as a tangible experience with friends and family, including amazing views, interactive games, a Metaverse social space and much more!

     

  • HH Group Launching “VIRTU” platform 1st Kind in Real-estate Investment

    HH Group Launching “VIRTU” platform 1st Kind in Real-estate Investment

    Hebashi Holding Group Launching “VIRTU” platform the First of Its Kind in the Real-estate Investment

    In collaboration with the Leading Real-Estate companies in MENA region

    Dubai(News Desk)::Hebashi Holding Group in collaboration with OTI Real Estate company, launched the first real estate investment platform in the Middle East, “VIRTU” which provides an investment opportunity for a wide range of customers and entrepreneurs, allowing partial or joint ownership of a group of properties that would make a real difference in the field of Real-Estate Investments.This project was launched from Dubai the Hub of the Middle East and attractive destination of Entrepreneurs, addressed to all countries in the region and in collaboration with the leading companies locally and regionally, such as Fadox and the Omani based Gulf Real Estate companies. This launch also won the confident of GAABU (the Arab African Union) and is going to be listed in the stock exchange market.

    The unique platform “VIRTU” will provide investors and people looking for investments opportunities the ability to browse real estate and projects available on the platform with full details including the potential income and return from investments to these properties. “VIRTU” will allow the ownership starting from US$8000 and will open the owning of the properties in this project for unlimited number of properties.

    Ahmad Shehata, a member of the board of Directors at Hebashi Group said: “We launched this project in cooperation with the leading companies in the region, to provide a model of real-estate investment experience that would double the returns for investors, and we are working constantly to apply this operational model and find out the different factors that would double those returns, so we focus on two factors: acquisition and management of property”.

    “The total value of this project is about 200 Million US$ and so far 23 million US$ have been spent on 11 projects.” He added.

    Dr. Sahar Al-Madani, the Executive Director of the Gulf Real Estate Group said that; “We are delighted with this cooperation and partnership alongside with a leading company in the field of real-estate in MENA, Hebashi Group is one of the largest real-estate companies that owns more than 23 companies worldwide. The “VIRTU” platform is one of the best promising projects in the real-estate investment, and it allows the purchase of several number of shares and thus this would help to diversify the investment.”

    The platform “Virtu” grand customers many advantages, especially partial ownership of projects, and noting that the partial ownership provides an opportunity for small investors with limited capitals to engage in this luxury real-estate investment experience and its ownership. This type of investment is also a low-risk investment especially in time of crisis. The platform also places all information on the management and maintenance costs leases and the value of the investment for the owners to review before purchase. In addition to this, partial ownership contributes to diversifying the investors’ investment portfolio and helping him to purchase several properties instead of owning one.”, Added the CEO of FADOX Real-estate Group, Magdy Setih. The participating real estate companies are distinguished by their successful projects throughout the region. OTI Real Estate is one of the companies of the HHG Holding Group, from which “VIRTU” will purchase the properties and put them in the form of shares, so investors can buy it from anywhere in the world. OTI is one of the largest real-estate in Georgia. The FADOX group is the first strategic partner of the “VIRTU” project. The FADOX Group has significant strength and operational experience, as it has more than 10 years of experience in the real-estate business, investment and banking services as well as the group has experience in asset management and property rights, and financing international project and managing investments.

    The Gulf Real-estate Company, which is one of the largest companies in the region with a headquarters in the Sultanate of Oman. It is the only and exclusive agent of the platform through which those wishing to invest can buy the shares offered by the platform smoothly and easily

  • Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions

    Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions

    Ajman Bank Signs Agreement with VaultsPay

    to Implement Innovative Payment Solutions

    UAE(News Desk)::Ajman Bank, one of the leading Shariah compliant banks in the UAE, has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE. This partnership will form the basis of growth in the digital financial solutions in the UAE and will significantly change the way customers manage their finances through more intuitive and smart functionalities.

    Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, said, “We are glad to collaborate with VaultsPay as part of our ongoing commitment to strengthen the payments infrastructure with the most advanced, secure and cashless payment solutions. Our goal is to develop a robust electronic payment ecosystem driven by data and insights to increase the safety and security of electronic payments. It complements our strategy and vision to address the needs of our customers with the most innovative products and services.”This strategic partnership will enable Ajman Bank to expand its existing payments business capabilities and provide individuals and businesses with digital access to full suite of financial services in the UAE in collaboration with Vaults Pay.

    Mr. Ahmed Bin Braik, Chairman, VaultsPay, said, “We are excited in partnering with Ajman Bank and launching a unique acquiring host platform that will provide a comprehensive payment gateway solution and card issuing services via a customer-centric and secure digital app-based platform.” Inspired by the UAE’s National Payment System Strategy of moving towards cashless society, VaultsPay was founded in April 2020 in UAE Since then VaultsPay has achieved many significant milestones and captured its market share in a very short period of time which is increasing gradually.  VaultsPay aims to expand beyond the UAE and become the leading Fintech Company in the MENA Region.

    Mr. Abdulla AL Suwaidi, VaultsPay CEO, said “Having Ajman Bank as our trusted banking partner will provide VaultsPay a strong foundation to deliver the first SuperApp for the UAE for all type of products and a seamless customer experience for businesses and individuals through an innovative payment platform and superior service delivery. This collaboration between Ajman Bank and VaultsPay will offer the first UAE acquiring host platform for other acquirees and payments service providers.”VaultsPay has developed a unique Payment gateway platform which is a proprietary platform designed, built, and managed by its experienced in-house team of developers. The platform undergoes yearly PCI DSS Level 1 audit and certification. VaultsPay has successfully partnered with a first class e-commerce platform  ‘emall.ae’ that allows enterprise users to offer and sell products, and individuals and enterprise entities to buy products.

     

  • Danube Home signs franchise partnership with Hyvec Group to enter Mauritius market

    Danube Home signs franchise partnership with Hyvec Group to enter Mauritius market

    Danube Home signs franchise partnership with Hyvec Group to enter Mauritius market

    Danube , the region’s largest home improvement retailer is all set to open its 1st showroom in Mauritius

    Adel Sajan, Group MD of Danube Home, Says Company  is planning to open 8 New showrooms across the globe – including India, Pakistan ,Bangladesh, Uzbekistan, Zambia & Senegal& ,UAE, in the next 6 months.

    Dubai(Urdu weekly):: Danube Home International, the global franchise division of interior décor and home improvement division of Danube Group, today signed a master franchise agreement with Hyvec Group, a major business conglomerate based in Mauritius, to expand Danube Home in the Republic of Mauritius – a great tourism destination in the Indian Ocean.Mauritius is an archipelago of islands around 900 kilometers east of Madagascar. The archipelago hosts 1.37 million people – mostly living in the 1,864 square kilometers main island.

    Hyvec Group plans to open three franchise stores in the next one year – including a large-format showroom spreading across 50,000 square feet – that will not only cater to residents but tourists as well. The first showroom is expected to be opened in November this year.

    “Our global expansion means we will export more home furnishing products to the rest of the world from the UAE that will not only boost UAE’s export and re-export but also help the UAE economy grow further,” Adel Sajan, Group Managing Director of Danube Home, says. “This will also further strengthen the economic relations between the UAE and Mauritius and we are proud to play a small role in this.’’With more than 25,000 types of home furnishing products all under one roof, Danube Home is ranked among the top retailers in the Gulf Region, which has been growing at an average of 25 percent since 2011. It is expanding rapidly worldwide through organic growth, investment and franchise partnerships.Danube Home is currently present across 12 countries including UAE, Oman, Egypt, Qatar, Kuwait, Bahrain, Rwanda, Uganda, Nepal, Sudan, Nigeria and India. The company is planning to open 8 showrooms across the globe – including two in India, one each in Abu Dhabi, Bangladesh, Uzbekistan, Pakistan, Zambia & Senegal in the next 6 months. Hyvec Group is the franchise partner of renowned global brands in Mauritius, including Burger King, Armani, Gant, Tommy Hilfiger, Ralph Lauren, Calvin Klein and Mont Blanc, etc. The company has years of experience in managing franchise business of global brands. 

    Eshan Chady, Chairman of Hyvec Group, said, “Danube Home is another feather in our cap and we are proud to bring this prestigious global name to Mauritius – that will offer a wide choice in furnishing and home décor to our clients. Danube Home has a wide collection of products. We look forward to a very fruitful partnership with Danube Group to develop the brand in our country further.”

    Sayed Habib, Director of Danube Home, Business Development, E-Commerce and Franchise, says, “Mauritius is an important market for Danube Home and its presence will help our brand visibility into not only a new territory, but due to the arrival of international tourists, our products and brand image will also expand to many other countries.“Through our partnership with Hyvec Group, we plan to serve a growing number of consumers and give them a better value with new and innovative space-saving home décor that will give them more livable space.”

    Danube Home has established itself as a leading retailer providing luxury at affordable prices. The company offers Free Interior Design services with its Design and Develop department. Danubehome.com, the fast and easy to navigate E-Commerce website is yet another feature that makes Danube Home stand out from the other furniture and furnishing retailers in the industry.Danube Home International, ‘your partner in business and growth’, gives every aspiring entrepreneur, established organization or investor an opportunity to partner with a leading home retailer present across the Middle East, Africa, South Asia and CIS countries.Danube Home has received many coveted awards like the Award for No.1 Furniture Retailer, Great Place to Work, Burj CEO Awards for the Fastest Growing Franchise in the region and many more.With an ever-growing internal team, network of suppliers & partners, eyes set on the vision to dominate the home retail space, Danube Home is on its path to expand further and make premium quality home products accessible in affordable prices to customers globally.

  • The Grand Opening of GAC Motor’s 1st Showroom in Abu Dhabi

    The Grand Opening of GAC Motor’s 1st Showroom in Abu Dhabi

    The Grand Opening of GAC Motor’s First Showroom in Abu Dhabi.

    Boosts Nationwide Commitment of Gargash Group.

    The distinctive new GS8 car, the shine of the impressive new showroom Interiors, and lots of excitement in the air provided for a grandiose launch of the GAC Motor showroom in Yas Marina Circuit

    Abu Dhabi(Press Release): In response to the growing demand for GAC Motor in UAE especially within Abu Dhabi, Gargash Group, one of the largest distributors of premium and luxury cars in the UAE, opened doors to a new showroom in partnership with Abu Dhabi Motorsports Management (ADMM). The state-of-the-art GAC Motor showroom is in the premium location of Yas Marina Circuit, the home of the Formula 1 Etihad Airways Abu Dhabi Grand Prix and aims to add to the motoring culture enjoyed by the Emirate.

    The launch ceremony also unveiled the automaker’s latest model GS8 which will now be available for test drives and sale across all Gargash GAC Motor showrooms in the UAE.

    Managing Director & Group Chief Executive Officer, Gargash Group, Mr.Shehab Gargash,  said on the opening ceremony: “We are proud to be one of the earliest international partners of GAC Motor. Since 2015, we have worked closely to provide a robust proposition to an ever-growing customer base in the UAE and deliver the utmost value to them. Our promising partnership has resulted in the growth in demand for GAC Cars, and the opening of the new showroom in Abu Dhabi is a natural next step in our journey as long-term partners.”

    The grand GAC Motor showroom launch

    To mark the official opening of the first showroom in Abu Dhabi, a distinguished gathering of automobile enthusiasts and special guests were welcomed by Gargash Group, as they were invited to visit the showroom and celebrate this novel milestone.

    Guests were greeted with a red-carpet entrance and treated to a special experience curated by the Gargash team. Through the evening, guests were given a peek into GAC Motor’s rich heritage and delved into a world otherwise only experienced at the brand’s historic birthplace, China.

    Zeng Hebin, General Manager of GAC MOTOR International ,Commenting on the launch event said: “The UAE is one of the most important strategic markets for GAC Motor in the Middle East. With the cooperation of our partner Gargash Motors, we have achieved remarkable results in this market.  The ALL NEW GS8, positioned as the leading high-end SUV in China, is a masterpiece of GAC’s latest cutting-edge technology and R&D capabilities. The launch event is full of highlights, product design features and brand cultural heritage are fully displayed. I wish that the ALL NEW GS8 will be another glorious success and meet the high-end quality needs of more customers in the UAE market.”

    Exceptional Showroom Design

    The new standalone facility is spread over 300 square meters and features a modern, sleek design. From the moment visitors enter the showroom, they will experience GAC Motor’s prolific journey and can encounter a dramatic reveal of the new GS8.

    The new showroom provides all sales services under one roof that will greatly improve the convenience of new and existing customers living in the Emirate as well as neighbouring Emirates.

    Saif Al Noaimi, CEO at ADMM, said “We’re thrilled to welcome the Gargash Group to Yas Marina Circuit with the opening of their first showroom here in Abu Dhabi at the region’s home of motorsport. We look forward to continuing to build on our partnership to mutually benefit our customers with new driving experiences at the circuit and other exciting activations in the pipeline.”

    The Impressive new GS8

    The All New GS8 underwent comprehensive upgrades compared to the previous generation to merge premium luxury, safety & performance all in one car.

    Some of the key features include.

    • The model’s signature four-bulb metric headlights come perfectly together with a powerful V-shaped chrome grille arranged in a symmetrical layout for an aggressive and bold stance.
    • Inside, a smart interactive cabin fits 8-way adjustable seats wrapped in finely crafted leather for the ultimate luxury experience.
    • The model is equipped with the GAC MOTOR’s latest cutting-edge technology, including a wide array of driving assistance capabilities and an Adaptive Vehicle Dynamic Control (ADVC) that supports the driver to guarantee the most suitable driving mode in any road conditions.
    • Adding to the innovation GAC GS8 will be among the few 7-seater options that offer electric operations for the 3rd-row seats
    • With 540-degree HD holographic projection and transparent chassis mode, GS8’s wheels can intelligently avoid danger and protect the chassis from scratches
    • Another feature GAC Motor drivers can enjoy is Augmented Reality Head-Up Display (AR-HUD), projecting virtual images – graphics and text – at multiple focal distances, creating an illusion of the cues being a natural extension of the real world
    • The 2022 GAC GS8 is still powered by a Euro 5-compliant 2.0-liter turbocharged engine mated to an Aisin 6-speed intelligent all-wheel-drive gearbox that can produce an output of 199 horsepower at 5,200 rpm, and 320 Nm of torque between 1,750 rpm to 4,000rpm. The GS8 has a fuel capacity of 66 litres.

    In addition to the All New GS8, Middle Eastern customers can look forward to more quality cars from GAC MOTOR in 2022. With healthy market development, strong products, and a robust service network GAC MOTOR will continue to achieve outstanding performance in the Middle East.

    For more information, visit https://www.gargashgacmotor.com.–

  • Amanat Appoints Khalaf Sultan Al Dhaheri as a Board Member

    Amanat Appoints Khalaf Sultan Al Dhaheri as a Board Member

    Dubai(Press Release):: Amanat Holdings PJSC (“Amanat” or the “Company”), the GCC’s largest healthcare and education investment company, announces the appointment of Khalaf Sultan Rashed Saeed Al Dhaheri as a Board Member.

    Mr. Al Dhaheri brings a wealth of experience to Amanat’s Board of Directors having served on numerous boards. Mr. Al Dhaheri is the Chairman of Abu Dhabi National Islamic Finance and of Abu Dhabi National Properties Co. He also sits on the board of Abu Dhabi National Hotels, Al Masraf Arab Bank for Investment & Foreign Trade, Dar Al Takaful PJSC and Islamic Development Bank.

    Mr. Al Dhaheri previously served as the Chairman of Massar Solutions PJSC, a Board Member of Emirates Institution for Banking and Financial Studies, and an Audit Committee Member of Abu Dhabi National Oil Company.  Mr. Al Dhaheri also held numerous executive roles including Group Chief Operating Officer at National Bank of Abu Dhabi and General Manager & Chief Risk Officer of First Abu Dhabi Bank PJSC.

    Commenting on the appointment, Amanat’s Chairman Mr. Hamad Abdulla Alshamsi said: “On behalf of the Board, I would like to welcome Khalaf Al Dhaheri as an Independent Non-Executive Director of Amanat’s Board. We look forward to integrating the wealth of experience Khalaf brings across commercial, financial, and corporate governance supporting us in continuing to execute on our long-term strategic goals while creating sustainable value for our shareholders.”

    Mr. Al Dhaheri holds a bachelor’s degree in accounting from U.A.E. University and holds an MBA from Zayed University. He is also a Certified Public Accountant from the California Board of Accountancy and the American Institute of Certified Public Accountants in the USA and has an accredited certification from Ashridge – Hertfordshire (UK) in advanced management programs.The appointment will be ratified in Amanat’s next General Assembly Meeting as per regulatory requirements.

  • CBD Recognized with “Best Innovation in Investments Banking” Award and “Banking Technology Leadership Award” at MEA Finance Banking Technology 2022 Awards

    CBD Recognized with “Best Innovation in Investments Banking” Award and “Banking Technology Leadership Award” at MEA Finance Banking Technology 2022 Awards

    Commercial Bank of Dubai Recognized with “Best Innovation in Investments Banking” Award and “Banking Technology Leadership Award” at MEA Finance Banking Technology 2022 Awards

    Dubai(Press Release)::Commercial Bank of Dubai, one of the leading banks in the UAE, has won the “Best Innovation in Investments Banking” award for its robo-advisory app CBD Investr. In addition, CBD’s General Manager for Personal Banking Group, Amit Malhotra, received the “Banking Technology Leadership Award – Personal Banking”.The awards were received by Amit Malhotra, General Manager – Personal Banking Group, along with Mark Zanelli, General Manager & Head of Treasury, Asset Management & Global Markets, Khaled Al Hammadi, Head of Sales and Distribution, Jamal Al Matari, Head of Private Banking and Deepak Mehra, Head of Investment Solutions, at the MEA Finance Banking Technology 2022 Awards ceremony held recently at Armani Hotel, Burj Khalifa in Dubai.

    The MEA Banking Technology Awards recognises the achievements of the region’s banks and technology businesses for delivering smarter banking solutions and for their ability to drive real growth in an increasingly competitive market.

    Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: “It is a proud moment for the bank and an affirmation of our continued efforts in improving our digital offerings to help back our customers’ ambitions. We remain committed to innovation and enhancing and building best in class products and services to meet the evolving needs of our customers.”

     

    -Ends-

  • Policybazaar.ae  CEO To Discuss Importance Of Financial Literacy At Seamless 2022

    Policybazaar.ae  CEO To Discuss Importance Of Financial Literacy At Seamless 2022

    Policybazaar.ae  CEO To Discuss Importance Of Financial Literacy At Seamless 2022

    Dubai(Urdu Weekly)::  Policybazaar.ae, a one-stop destination for online insurance and financial needs announced Neeraj Gupta, CEO is participating in a panel discussion at Seamless Middle East 2022. Seamless has been a meeting place for the brightest and most innovative minds discussing the latest trends and technologies shaping the payments, fintech, retail and e-commerce world. The 2-days global conference taking place at Dubai World Trade Center on May 31st to June 1st will have over 300+ speakers, 10,000+Attendees and 350+ Exhibitors. Here Policybazaar.ae’s CEO, Gupta with rich experience in the fintech realm would educate the need and ways to address financial literacy in the under-served communities and why it must become a national priority along with several industry experts.

    In the global economic scenario, financial literacy is a must for effective wealth management and creation. Especially, after the challenges created by the global pandemic, there’s an increased need among individuals to develop a knack for financial issues. They must not only understand the complexities of domestic and global economic systems but also get acquainted with financial markets and tools to manage and grow their wealth securely.

    According to Chief Executive Officer, Policybazaar.ae Mr.Neeraj Gupta “Seamless Middle East 2022 is the ideal venue to broach financial literacy across the UAE region. It is the need of the hour that individuals and businesses should have access to useful and affordable financial products and services that meet their needs like transactions, payments, savings, credit, and insurance – delivered in a responsible and sustainable way. “At Policybazaar.ae, we educate people about the need of several insurance products (health, motor, term, life, home etc.) and financial products (loans, credit score, credit cards etc.) that have a significant influence on risk management and wealth creation. Policybazaar.ae currently partners with more than 35+ partners across lending and insurance categories with 50+ products on offer, he further added.