World Bank

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on: 
Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Reach, Engage, and Earn: Purse Strings Workshop Unveils Strategies for Financial Professionals to Skyrocket Sales in the Female Market

Retrieved on: 
Wednesday, March 6, 2024

Presented by Purse Strings , LLC, the groundbreaking Purse Strings Workshop - Reach, Engage and Earn the Female Dollar is set to revolutionize the way financial professionals engage with and cater to the female market.

Key Points: 
  • Presented by Purse Strings , LLC, the groundbreaking Purse Strings Workshop - Reach, Engage and Earn the Female Dollar is set to revolutionize the way financial professionals engage with and cater to the female market.
  • According to a recent Washington Post article , "Women's complaints about the financial services industry are both lengthy and long-standing."
  • Enter Purse Strings, offering a groundbreaking workshop designed to address this gap and revolutionize the way financial professionals engage with and cater to the female market.
  • Register now for the Purse Strings, Reach, Engage, and Earn the Female Dollar workshop and position yourself at the forefront of financial services innovation.

China's 5% growth target continues to play vital role in world economy: Global Times editorial

Retrieved on: 
Wednesday, March 6, 2024

China's contribution to world economic growth is expected to continue to exceed 30 percent, making it the largest driving force of the global economy.

Key Points: 
  • China's contribution to world economic growth is expected to continue to exceed 30 percent, making it the largest driving force of the global economy.
  • As always, China's GDP growth target has attracted great attention at home and abroad, which bears practical connotations.
  • In general, the growth target of around 5 percent is considered prudent, appropriate and pragmatically positive by public opinion.
  • China's economy is transitioning from a period of high-speed growth to medium-high-speed growth, entering a phase of high-quality development.

Parliamentary Secretary Marc Serré Opens PDAC 2024 With Investment in Support for International Sustainable Mining

Retrieved on: 
Monday, March 4, 2024

Marc Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Nickel Belt, participated in the opening ceremonies for the 2024 Prospectors & Developers Association of Canada (PDAC) convention in Toronto.

Key Points: 
  • Marc Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Nickel Belt, participated in the opening ceremonies for the 2024 Prospectors & Developers Association of Canada (PDAC) convention in Toronto.
  • With up to 30,000 individuals in attendance, this is the world's premier annual exploration and mining event.
  • Canada's Critical Minerals Strategy outlines the need for Canada to leverage international partnerships to advance global sustainable mining practices.
  • The GPI aims to support Canada's growing number of international commitments and engagements in the critical minerals space.

China still a priority destination for foreign investment

Retrieved on: 
Friday, March 1, 2024

Also at the forum, Crete Zhou, vice-president of government affairs at Starbucks China, said that as China continuously enhances its policies regarding foreign investors, the services for foreign investors are continuously improving and becoming increasingly effective.

Key Points: 
  • Also at the forum, Crete Zhou, vice-president of government affairs at Starbucks China, said that as China continuously enhances its policies regarding foreign investors, the services for foreign investors are continuously improving and becoming increasingly effective.
  • "The story of Starbucks in China has just begun," said Zhou, pointing to the nation's huge consumption potential, adding the company will step up its investment in China.
  • Last year, it invested 1.5 billion yuan respectively to build the Starbucks China Innovation and Technology Center in Shenzhen, Guangdong province, and the China Coffee Innovation Park in Kunshan, Jiangsu province.
  • While the possibility of China witnessing a slowdown in economic growth this year remains, it is on the trajectory of achieving "sustainable, high-quality growth, said  Kose.

Women's eNews and PowerUp Announce a Strategic Partnership to Empower Women and Bridge the Gender Funding Gap Worldwide

Retrieved on: 
Friday, March 1, 2024

NEW YORK, March 1, 2024 /PRNewswire-PRWeb/ -- Women's eNews, an award-winning, nonprofit news organization that provides exclusive coverage of the most crucial issues impacting women and girls around the world, and PowerUp, a new groundbreaking, nonprofit global business development and leadership program for seed-level, female-led ventures, announced today a strategic partnership that combines the power of media, network, data, coaching and professional training in order to empower women by bridging the Gender Funding Gap worldwide.

Key Points: 
  • Through its 3.5 million readership, Women's eNews will serve as a global platform for building awareness and showcasing female role models.
  • "Everyone deserves a level playing field for unlocking their genius," said Victoria Yampolsky, CEO and co-founder of PowerUp.
  • "This partnership takes us closer to fulfilling our mission of bridging the gender funding gap and enabling women around the world to pursue entrepreneurial opportunities and achieve financial freedom.
  • To become a corporate sponsor or a donor for PowerUp, reach out to Victoria Yampolsky at [email protected] .

China still remains world's largest engine for growth

Retrieved on: 
Thursday, February 29, 2024

China still remains the largest engine of global growth.

Key Points: 
  • China still remains the largest engine of global growth.
  • In 2023, China became the world's largest exporter of automobiles for the first time.
  • Borge Brende, president of the World Economic Forum, noted that China is shifting from investment- and infrastructure-driven growth to innovation-led growth, and it holds a crucial position in global economy and trade.
  • She believes that China's economic growth in 2024 will still surpass the global average, making China a major contributor to global economic growth in that year.

G7 Leaders' Statement

Retrieved on: 
Saturday, February 24, 2024

Instead, he is forcing his own people to pay a heavy price for his government's reckless actions each day.

Key Points: 
  • Instead, he is forcing his own people to pay a heavy price for his government's reckless actions each day.
  • He has drained Russia's resources to fund an unnecessary war, torn Russian families apart, and claimed hundreds of thousands of Russian lives.
  • We are stepping up our security assistance to Ukraine and are increasing our production and delivery capabilities, to assist the country.
  • We praise Ukraine's achievements to date and welcome the European Council's decision last December to open accession negotiations with Ukraine.

Latin America Buy Now Pay Later Business Report 2024: 75+ KPIs on BNPL End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics 2020-2029

Retrieved on: 
Friday, February 23, 2024

This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.

Key Points: 
  • This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.
  • With over 75 KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics.
  • The buy now pay later market is poised to record strong growth over the medium term in Latin America.
  • BNPL Market Size and Spending Pattern, 2020-2029
    Buy Now Pay Later Revenue Analysis, 2020-2029
    Buy Now Pay Later Operational KPIs & Statistics, 2020-2029