Category Archives: Business & Investments

China’s MSA Capital Signs Landmark MoU with Saudi Arabia’s Ministry of Investment (MISA)

China’s MSA Capital Signs Landmark MoU with Saudi Arabia’s Ministry of Investment (MISA)

Riyadh, Saudi Arabia, 29 January, 2024: In a landmark development for Asia to Saudi Arabia cross border business and innovation, MSA Capital via its emerging markets investment arm MSA Novo and the Ministry of Investment of Saudi Arabia (MISA) signed a memorandum of understanding to bolster economic cooperation and foster innovation in key sectors in the Kingdom of Saudi Arabia.

This strategic partnership, formalised by HE Khalid A. Al-Falih, Minister of Investment of Saudi Arabia, and Yazeed Al-Shammari, MSA Partner on its Saudi Innovation Initiative, seeks to bolster economic cooperation and foster innovation across strategic sectors in the Kingdom, such as logistics, financial technology, core technology, healthcare, robotics, and ecommerce. It also sets out to support Saudi companies in securing strategic global investments, particularly from Asian investors, while exploring cross border opportunities in the capital markets. The MoU also includes the development of Saudi Arabia’s venture capital ecosystem, facilitating joint ventures across sectors, and evaluating the establishment of MSA’s Regional Headquarters in Saudi Arabia.

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في مبادرة مبتكرة برعاية معهد صناديق الثروة السيادية

في مبادرة مبتكرة برعاية معهد صناديق الثروة السيادية

مؤتمر المكاتب والشركات العائلية – دبي يجمع رؤساء المكاتب والشركات العائلية في الإمارات ودول الخليج لمناقشة سبل صياغة استثمارات تضمن بناء مستقبل رقمي شامل

دبي، الإمارات العربية المتحدة، 29 يناير 2024 – أعلن معهد صناديق الثروة السيادية عن عقد مؤتمر المكاتب والشركات العائلية – دبي 2024 (فورت دبي) في الثاني من فبراير المقبل في متحف المستقبل بدبي. ويأتي هذا الحدث البارز، والذي تشارك في تنظيمه شركة باتيل العائلية بجيلها الثالث من الولايات المتحدة، تحت شعار ملهم “وفرة من أجل المستقبل” حيث يمثل هذا المؤتمر ملتقىً محورياً للثروات العالمية ورواد الابتكار من حول العالم، وهذا ما يتماشى بشكل مثالي مع رؤية دبي المستقبلية.

وأكد لاكشمي نارايانان، رئيس مجلس إدارة معهد صناديق الثروة السيادية، على الدور المحوري لهذا المؤتمر في إدارة الثروة وتحقيق التقدم العالمي قائلاً: “يعدّ هذا المؤتمر إنجازاً استثنائياً، إذ يدشن حقبةً جديدةً من الازدهار والتقدم العالمي. إن ما حققته دبي من دمج بين الابتكار والتنوع الثقافي في رؤيتها المستقبلية، إلى جانب التزامها بالاستثمار الأخلاقي، يمثل حافزاً لإجراء مناقشات بناءة تتجاوز العقبات التقليدية والحدود المعهودة”.

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SWFI FORT Dubai convenes heads of state and GCC families

SWFI FORT Dubai convenes heads of state and GCC families to help shape investment for an inclusive digital future

Dubai, UAE January 29, 2024 – The Sovereign Wealth Fund Institute (SWFI) proudly unveils the highly anticipated Family Office Round Table (FORT) Dubai 2024, set for February 2nd, 2024, at the Museum of the Future, in Dubai. This seminal event, co-hosted with the third-generation Patel Family Office from the United States, carries the inspiring theme “Abundance for the Future.” Positioned as a pivotal gathering of global wealth and innovators, it aligns perfectly with Dubai’s visionary ethos.

Lakshmi Narayanan, Chairman of SWFI, underlines the gathering’s pivotal role in wealth stewardship and global progress, stating, “This marks a remarkable accomplishment, inaugurating a new era of prosperity and global progress. Dubai’s fusion of innovation, cultural diversity, and a forward-looking vision, coupled with its commitment to ethical investment, provides a platform for discussions that transcend traditional boundaries.”

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RAK Ruler attends Hira Industries’ latest R&D Center launch in RAKEZ

RAK Ruler attends Hira Industries’ latest R&D Center launch in RAKEZ

This notable expansion is the company’s fourth since its set-up with Ras Al Khaimah Economic Zone (RAKEZ) in 2008, marking a significant milestone in its journey of innovation and growth.

Ras Al Khaimah, January 2024: His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, attended the launch of Hira Industries’ Global Research and Development Center in the Al Ghail Industrial Zone.

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Kalandoor Group Crowned “Best Fitout Company in the Middle East” at Prestigious Awards Gala

Kalandoor Group Crowned “Best Fitout Company in the Middle East” at Prestigious Awards Gala

Kalandoor Group, a leading force in the interior fit-out industry, proudly announced its triumphant win as the “Best Fit Out Company in the Middle East” at a glittering awards ceremony held on Saturday, January 20. The event, a celebration of excellence, took place at the renowned Metropolitan Hotel Sheikh Zayed Road. The award was presented by Sheikh Majid bin Sultan bin Saqr Al Qasimi who graced the occasion as chief guest at the Impact Leadership Global Awards. Kalandoor Group is operating in the Middle East from the last 24 years.

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