Daily Archives: February 17, 2020

SEED Group and 8topuz Announce Strategic Partnership to Develop Current Risk Management Tools for Trading in the UAE

The partnership promises the full adoption of an experienced 8topuz platform starting in Dubai, which is expected to lead to a massive 8topuz growth in the entire MENA region.

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 17, 2020 / SEED Group, a company owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, and 8topuz, a fast-growing artificial intelligence and machine learning provider consisting of trading and algorithmic systems, have forged a new partnership to provide a solution for any investor/trader looking for an automated trading solution in the United Arab Emirates (UAE).

topuzThis strategic partnership is expected to benefit from the booming artificial intelligence industry and innovative developments driven by the local UAE government with strong ambitions as seen through the Smart Dubai initiative and the Ministry of Artificial Intelligence.

Over the years, several fintech companies have sought to disrupt the forex market, but 8topuz has developed effective new tools by focusing on how Forex trading and artificial intelligence (AI) can be combined to minimize associated risks when trading various assets. The 8topuz, high-tech, AI-based forex trading algorithms provide real-time asset management and risk solutions that can be utilized by anyone.

“Our commitment to integrating the right blend of advanced technology with the human touch is key to the 8topuz ethos and our continued success.”

Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said “Without a doubt, the UAE is one of the hottest and most important markets for any FinTech company to have a business right now. This country embodies the mentality of continuous improvement and commitment to innovation, and there is nothing better than bringing in a company that shares the same spirit and vision. We are confident that this is a major step towards the global expansion of 8topuz, and we are thrilled to play a big role in this.”

topuz28topuz boasts fifteen years of software development expertise. Its product was initially tailored to retail investors, but as they moved forward, they adapted to the market in two different scenarios, 8topuz understood that it could also be a very useful risk management tool for banks and investment funds and other institutional clients. With its ability to adapt to any market scenario, 8topuz now caters to institutional clients, hedge funds, retail investors and banks, so that it can be either B2B or B2C.

The official signing ceremony was held at The Private Office of Sheikh Saeed bin Ahmed Al Maktoum in Dubai on 5 February 2020. The addition of 8topuz to the SEED Group portfolio is in line with the Private Office’s commitment to help deliver sustainable innovation from companies with unique products and solutions to the Middle East and North Africa (MENA) region.

About 8topuz

8topuz was founded as a result of a deep understanding of the FX market and the director’s interest in automating trading using advanced technology and AI.

Their software and technology is designed to allow investors a simple and profitable way to tap into a unique trading system developed to make the most out of well known trading conditions that require a high degree of automation to successfully manage associated risk factors, so with a touch of human intervention the 8topuz AI software ensures that anomalies are dealt with swiftly allowing steady and reliable growth in the short and long term.

About SEED Group

Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.

For more information, visit www.seedgroup.com.

8topuz Media Contact:

Anthony Munns
+44 203 695 3583

SEED Group Media Contact:

Nomarie Jean Lacsamana
+971 4 373 5068

SOURCE: 8topuz Consulting LLC 

‫اختيار بريميا بارتنرز فائزة كصندوق متداول في البورصة عالي الأداء في بورصة هونغ كونغ – جائزة الإيرادات الكلية لصندوق بريميا سي أس آي كيشن للاقتصاد الجديد مع بلوغ إيراداته 45.2% للعام 2019

هونغ كونغ، 17 شباط/فبراير، 2020 / بي آر نيوزواير / — يسر شركة بريميا، وهو صندوق مالي متداول في البورصة، الإعلان عن اختياره من قبل بورصة هونغ كونغ كفائزة بفئة أعلى صندوق متداول في البورصة أداء – إذ بلغت نسبة مجموع إيراداتها لصندوقها بريميا كيشين لصندوق الاقتصاد الجديد الصيني 45.2% خلال العام 2019.

Premia Partners selected as winner of HKEx Top Performing ETF -- Total Return Award for its Premia CSI Caixin China New Economy ETF with 45.2% return for 2019

 يتتبع صندوق  Premia CSI Caixin China New Economy ETF (Tickers: 3173 HK / 9173 HK)  مؤشر CSI Caixin Rayliant New Economic Engine، الذي استحوذ على حوالي 300 من شركات القطاع الاقتصادي الجديدة المدرجة في البر الرئيسي. ويعتبرالصندوق المتداول في البورصةالمكرر ماديا واحدا من أقل صناديق الاستثمار المتداولة في الصين من حيث الكلفة، حيث بلغت نسبة المصاريف الإجمالية 0.50٪ لكل عام.

 خلافًا لنهج رسملة السوق التقليدية، يتم اختيار الشركات استنادًا إلى عوامل أساسية مثل حجم الأصول غير الثابتة والعافية المالية وخصائص النمو. توفر المحفظة المتنوعة للمستثمرين نهجًا تجريبيًا ذكيًا متميزًا للمشاركة في النمو الهيكلي والتحول الاقتصادي في الصين، مع شركات ليس فقط في الإنترنت، ولكن أيضًا في مجال الرعاية الصحية والتكنولوجيا الحيوية والصيدلانية والطاقة الجديدة والأتمتة الصناعية والـ 5 جي والحوسبة السحابية وإنترنت الأشياء و قطاﻋﺎت اﻻﺳﺘﻬﻼك وﻏﻴﺮهﺎﻣﻦ اﻟﺪواﺋﺮ اﻻﻗﺘﺼﺎدﻳﺔ اﻟﺠﺪﻳﺪة اﻟﻤﻤﻜﻨﺔﻟﻠﺘﻜﻨﻮﻟﻮﺟﻴﺎ

وقالت ريبيكا شوا، الشريكة الإدارية في بريميا بارتنرز: “نحن ممتنون للغاية للاعتراف والدعم المستمر من قبل بورصة هونغ كونغ، وكذلك عملائنا وشركاء الأعمال في هذه الرحلة. لدينا شغف كبير بأسواقالصناديق المتداولة في البورصةالآسيوية ونتطلع إلى بناء أدوات أكثر كفاءة للمستثمرين للوصول إلى فرص النمو في آسيا.”

جوائز بورصة هونغ كونغ للصناديق المتداولة في البورصة  مكرسة للاعتراف بإنجازات أفضل الشركات أداءً في صناعة الصناديق المتداولة في البورصة  في هونغ كونغ. اعتبارًا من 14 شباط/فبراير 2020، كان لدى  بريميا بارتنرز التي احتفلت بالذكرى السنوية الثالثة لتأسيسها، 6 صناديق من صناديق الاستثمار المتداولة المدرجة في بورصة هونغ كونغ التي تغطي الصين، وآسيان الناشئة، وآسيا للتكنولوجيا المبتكرة، وفيتنام، والصنادق المعرض للخزانة الأميركية.

للاستفسار: +852 2950 5777

حول بريميا بارتنرز

تأسست بريميا بارتنرز في هونغ كونغ في العام 2016، من قبل مجموعة من المتحمسين لصناعة الصناديق المتداولة في البورصة الذين يؤمنون بتمكين المستثمرين بأدوات استثمارية فعالة ورؤية مجال هائل للابتكار في صناعة الصناديق المتداولة في البورصة الآسيوية في آسيا ولآسيا – لأن هذا هو وطننا. لمزيد من المعلومات، يرجى زيارة www.premia-partners.com

الصورة – https://mma.prnewswire.com/media/1090592/Top_Performing_ETF.jpg

Absen Launches Venus LED Series at ISE 2020

SHENZHEN, China, Feb. 17, 2020 /PRNewswire/ — Leading global LED manufacturer Absen announced the launch of a new super-lightweight touring solution for rental stagers on the opening day of ISE (11-14 February 2020).

The Venus (VN) Series is an innovative LED display that has been specifically designed for concerts and festivals due to its ability to create super-sized screens at speed. The product features a highly unique integrated ‘module-on-frame’ design. By removing the sub-frame (cabinet frame), Venus is 27% lighter than competing solutions. In fact, at 27.5 kg/sqm, it is the lightest integrated touring display solution on the market, allowing creative teams to cut back on weight, save cost and build even bigger LED walls than before – up to 20 metres in height.

The VN Series has also been designed to save crews precious time. In an industry where there is increasing pressure put on rental stagers for set up times, Venus makes it far quicker to install thanks to its big cabinet size (1500 x 1000) and fast locking system. It is also easier to maintain and upgrade as the modules can be swiftly switched out without the need to take apart the frame structure.

The VN Series will be available in two standard sizes: 1,500mm (W) x 1,000mm (H) and 500mm x 1,000mm, in order to allow for fully customised options. It will be available in 3.9mm, 4.8mm and 8.3mm pixel pitch versions, boasting up to 5000 nits brightness. The VN Series also allows for concave and convex curving options for highly creative video wall designs; with horizontal free-adjustable variances of -10 to +10 degrees, allowing fixed positioning at -10°, -5°, 0°, +5° and +10°.

All Venus LED panels are fitted with carbon fibre pipes with special anti-slip coatings to ensure the safety of climbers, with additional safety hooks so riggers can secure themselves at every step of the building process. The VN’s easy locking system with big-sized handles are simple to use even with thick gloves on, with colour-coded lock/unlock markers and vertical auto-lock for an improved user experience. The product can be easily hung, stacked and transported, thanks to a 5-in-1 dolly system. Wind bracing is also available and can withstand gale force winds of up to level 8.

H.H. Sheikh Abdullah bin Zayed chairs Education and Human Resources Council meeting.

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Education and Human Resources Council, has presided over the Council meeting which took place at the Ministry of Foreign Affairs and International Cooperation headquarters in Abu Dhabi.

At the beginning of the meeting’s proceedings, Sheikh Abdullah expressed his appreciation and pride in the UAE’s brave soldiers who took part in the Arab Coalition efforts in Yemen, adding that UAE soldiers are the definition of loyalty to the homeland and the Arab world.

The ‘Hawks of Zayed’ have demonstrated, with their courage and sense of purpose, that the UAE will continue to support and assist neighbouring countries to maintain the security and stability of the region. They have set the most wonderful examples of sacrifice, and have contributed to aiding millions of individuals via relief and development efforts across Yemen’s governorates, His Highness noted.

Sheikh Abdullah noted that the year 2020 represents a new phase in the nation’s development march. It also represents an important opportunity for all members of the UAE community to join hands and work diligently to develop the UAE’s local, federal, and private sector bodies through entrepreneurship, technology, and the sciences across various fields vital to betterment of the national economy.

His Highness also expressed his confidence in the efforts exerted by members of the Education and Human Resources Council. He also noted that the leadership’s investment in the UAE people is a winning strategy, adding that he looks forward to the growing participation of all the country’s citizens and residents.

I am honoured to be a member of this working team embarking on celebrating the UAE’s Golden Jubilee. Our hopes and ambitions are broad and have no limits, and together, we will be able to gain a prosperous future for our nation, Sheikh Abdullah affirmed.

During the meeting, Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills, presented a model on the formation of project management teams in federal entities. He showcased the prominent features of the model, including tasks and objectives that may be set out for executive teams across the country’s federal entities.

The proposed model also set out the experience criteria required by candidates to join executive teams, with the aim to lay strong foundations and principles that attract distinguished human capacities, the Minister explained.

Dr. Al Falasi also highlighted various mechanisms to support the sciences, research and innovation in higher education institutions that enable them to become leaders in scientific research, qualifying future generations towards building a knowledge-based economy.

For her part, Jameela Al Muheiri, Minister of State for Public Education, presented on the importance of educational field trips to enhance students’ experience through cognitive learning linked with practical application.

She went on to say that the primary role of educational field trips is to develop students’ passion and thirst for learning, adding that such trips can be linked to the school curriculum, covering various cultural, scientific, and tech-focused destinations that entice further understanding of school-taught materials.

Sultan bin Saeed Al Mansouri, Minister of Economy; Hussain bin Ibrahim Al Hammadi, Minister of Education; Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development; Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation; Hessa Essa Buhumaid, Minister of Community Development; Shamma bint Suhail Faris Al Mazrui, Minister of State for Youth Affairs; Sarah bint Yousif Al Amiri, Minister of State for Advanced Sciences, and other officials attended the meeting.

Source: UAE Ministry of Foreign Affairs

Students display high football and basketball skills in SOP competitions

DOHA, Students from government and private schools displayed impressive football and basketball skills in the competitions of the 13th edition of Schools Olympic Program (SOP) 2020 held in Doha on Sunday.

In the football competitions (boys) for group A and B took place at Al Sailiya club playgrounds, Al Shahaniya preparatory school defeated MES Indian school 3-2 in group A , while MES Indian overcome Shantiniketan Indian school 4-0 in the same group.

In the group B, Doha school outclassed Machael E. DeBakey 1-0 and beat Ali Ibn Abi Taleb 2-0.

In the basketball competitions for secondary schools for girls, Al Sheimaa school outclassed Rowda bint Mohammed 12-6, while Al Wukair won Umm Hakeem 17-10.

The SOP is held annually as a collaborative effort of to encourage hundreds of students athletes competing from all over Qatar.

The SOP Committee aims to spread a culture of sports through Qatar’s schools and to engage the entire community in active and healthy lifestyles while retaining local values and traditions.

Source: Qatar Olympic Committee

His Highness Sheikh Mohammed bin Rashid receives former British Prime Minister.

Highlighting the deep UAE-UK’s ties, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed the UAE government’s resolve to work with its British counterpart to strengthen and expand prospects of joint cooperation in order to serve mutual interests and goals as well as aspirations of the two countries’ friendly peoples.

His Highness Sheikh Mohammed bin Rashid said the two countries share identical visions for broadening channels of exchanging experiences and experiments so as they can usher into a new chapter of joint work towards the future where mankind enjoys greater opportunities for prosperity and progress.

Sheikh Mohammed made his remarks as he received today Theresa May, Member of Parliament and former British Prime Minister, on the sidelines of Global Women’s Forum Dubai, GWFD 2020, being held from 16th-17th February in Dubai.

The former British prime minister praised the remarkable progress being witnessed by the UAE and its efforts to realise an inclusive development model that prioritises development of human capacities and builds a solid base for the future.

The meeting was attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; H.H. Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future; Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs; Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and Mona Al Marri, Chairperson of the Board and Managing Director of the Dubai Women Establishment.

Source: UAE Ministry of Foreign Affairs

His Highness Sheikh Mohamed bin Zayed receives IMF Managing Director.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Kristalina Georgieva, Managing Director and Chairwoman of the International Monetary Fund, IMF, on Monday at Al Shati Palace.

She is visiting the UAE to attend the Global Women’s Forum Dubai, GWFD 2020, being held on 16th and 17th February in Dubai.

The meeting, attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, discussed ways to enhance relations between the UAE and the IMF, as well as the role of the UAE’s growing and diversified economy in driving business and growth. They also reviewed ways to exchange expertise and best practices.

The meeting also touched on the future indicators of the global economy, the GWFD 2020 agenda and the IMF’s role in supporting women’s contributions to development.

Also present at the meeting were Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs; Mohamed Mubarak Al Mazrouei, Under-Secretary of the Abu Dhabi Crown Prince’s Court, and members of the delegation accompanying the IMF Managing Director.

Source: UAE Ministry of Foreign Affairs

His Highness Sheikh Mohamed bin Zayed, WBG President explore prospects for joint cooperation.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today, the President of the World Bank Group, WBG, David Malpass, at Al Shati on Sunday.

David Malpass is visiting the UAE to participate in the Global Women’s Forum Dubai, GWFD 2020, taking place on 16th and 17th February, in Dubai.

His Highness Sheikh Mohamed bin Zayed and David Malpass explored the prospects for joint cooperation and coordination between the UAE and the Washington-based Group.

They also discussed the state of affairs of the global economy and the WB’s role in supporting development in member states. They also touched on agenda of the GWFD.

H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, Khaldoon Khalifa Al Mubarak, Chairman of Abu Dhabi Executive Affairs Authority, EAA, Mohammed Mubarak Al Mazrouei, Under-Secretary of the Abu Dhabi Crown Prince’s Court, and members of the delegation accompanying Malpass, attended the meeting.

Source: UAE Ministry of Foreign Affairs