Entrepreneurs
Investopia: A New Era of Investment Connections in the UAE
Investopia is a new UAE-based portal that unites global investors with businesses in a global hub of an investment community. Started by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the United Arab Emirate and Ruler of Dubai, and the Minister of Economy for the United Arab Emirates, Abdulla bin Touq Al Marri, Investopia is shaping the face of finance globally. Founded in 2021. With this impressive network of summits and dialogues across international cities, it is fast becoming an integral part of the global investment system. What, however, makes Investopia uniquely special is its vision to create a collaborative space to answer the needs of current investors and the ever-changing global economy.
Investopia launched as part of the UAE’s “Projects of the 50,” a national initiative to boost the economy and attract international investors. The platform got off to a flying start after the first edition at Expo 2020, with key stakeholders coming from more than 45 countries. This was the beginning of what would indeed become a very influential series of discourse and partnerships wherein investors, businesses, and innovators may converge with a view to pursuing new opportunities.
Right from the early stages, Investopia has focused its operations on three tightly connected pillars: The Dialogue, The Communities, and The Marketplace. All of them seriously contribute to the Investopia’s mission-that is, create a meaningful connection among people in the investment world around the globe. The Dialogue offers a podium to thought leaders, industry experts, and innovators to discuss ideas about emerging trends in economics and economic sectors for instance, AI, biotechnology, renewable energy. These talks are important because they indicate future direction in the global economy while providing insight into different forms of potential investment. The Communities pillar involves conversations between the private and public sectors, government bodies, and business. This will form a community based on collaboration and knowledge sharing, bridging gaps between investors and local business ecosystems. Investopia has, therefore, become the investor’s portal to access the vast and increasingly diversified economic landscape of the UAE.
The third and potentially most dynamic pillar is the Marketplace. This feature was launched during the second Investopia Summit in March 2023 and provides direct capital introduction between fund managers and allocators. The Marketplace creates an environment that makes the mechanism of raising and deploying capital easy and thus forms an indispensable tool for investors to gain entry to any sector through new opportunities.
Expansion of Investment Horizons through Events Investopia’s events across the globe have also expanded its reach. Among its notable activities is the Global Talks- Investopia series of events that brought the company to New York, Milan, New Delhi, Geneva, and Cairo. In the global dialogues, it could form foreign direct investments and be in touch with different economic environments that further consolidated the position of the UAE as a global investment hub. The adaptation of the platform to work in various markets and industries has put it front and centre of cross-border investments.
The Investopia Summit marked a game-changer in the UAE’s investment landscape, starting in March 2022, with the co-hosting of the World Government Summit, highlighting the fast-paced transformations in hubs for growth and the ever-changing map of globalization. Highlights included an economic press conference in the Metaverse, in which journalists could participate through augmented and virtual reality-the testament to how Investopia delivers innovation. The second installment of the Investopia Summit was held in 2023 at Hilton Abu Dhabi Yas Island. The summit was themed “Envisioning Opportunities in Times of Change,” wherein the critical issues would include decarbonization, future national wealth, and growth opportunities in today’s economy. This two-day event attracted a global investors group to discuss knowledge transfer and partnership with the local business and government community.
In anticipation, the third edition of Investopia, which will take place in February 2024, is likely to break all landmarks that have been set previously. It is going to happen with the theme “Emerging Economic Frontiers: Investing in the New Economy,” while upstream investment opportunities will be discussed in various sectors that are first-run leaders of the global economy. These range from renewable energy and biotechnology to digital currencies and advanced technologies through which Investopia is going to lead the conversation on how investors can navigate new economic realities.
Investopia has expanded its influence in the world of sports investments. In December 2022, in partnership with the World Corporate Summit, Investopia hosted a special event focused on the future of investment in sports. The event coincided with the FIFA World Cup in Qatar, bringing attention to topics such as sports media, advanced stadium development, and the increasing role of technology in sports.
Investopia’s innovative approach to connecting investors, businesses, and governments makes it a crucial player in the global investment landscape. Its commitment to fostering collaboration and driving economic growth ensures that it will continue to play a pivotal role in shaping the future of global investments. As the platform evolves and expands its reach, Investopia is poised to become a cornerstone of the global economy, offering investors’ unparalleled access to the opportunities of tomorrow.
Entrepreneurs
The Entertainer: Your Passport to Global 2-for-1 Deals
The Entertainer has become the ‘savvy spender’s’ solution: more money saved with less sacrifice on consumer spending. This company started back in Dubai in 2001 and revolutionized the way people dine out, enjoy entertainment, and travel. From free meals with buy-one-get-one-free offers to exclusive hotel deals, this company has spread its wings to 15 countries and has certainly saved millions. But how did this one-time simple voucher book transform into a global phenomenon influencing shopping behaviour throughout the world?
Australian entrepreneur Donna Benton founded The Entertainer in 2001 in Dubai. What began as a straightforward buy-one-get-one-free coupon book evolved into a simple, uncomplicated means of offering massive savings to locals and tourists alike in the thriving UAE city. Donna Benton is from Melbourne. An initiative born of local motivation soon gained much traction because of the number of deals and partnerships The Entertainer could command and offered uniquely for consumers to enjoy their favourite pastimes at a lower cost.
By 2012, The Entertainer was ready for international expansion. Strategic investment from Dubai-based Abraaj Capital catapulted the company into its next phase, taking the leap from print to digital: in 2013, launching its smartphone app. A printed book was not capable of restraining users anymore; now, it was granted access to offers at their fingertips with GPS mapping, advanced search capabilities, and social media integration. The Entertainer became a completely tech-driven company, forcing its way into the digital age and appealing to the global discount hunter.
The offer access for customers was revolutionized by the app, bringing offers straight to mobile phones and increasing the variety of deals available beyond what the printed books could provide. The app covered more than 10,000 merchants in 38 destination-specific products. This app is born in a world dominated by instant access and convenience, and its kind of purpose is to fulfill the needs of the modern consumer to have excellent monthly offers and to link with GPS mapping so that one can find the deals near them. It also has a partnership with platforms such as TripAdvisor and Careem. Its advantage is that users can filter according to specific promotions, such as brunch deals or special occasions, to make the app a dynamic savings tool.
In 2015, the Entertainer application had grown spectacularly: more than 2 million buy-one-get-one-free offers had been redeemed by Dubai users alone, and each customer was saving on average AED 6,000 ($1,600) annually. Needless to say, such success positioned the app as one of the largest global discount providers, which let inhabitants of the whole world enjoy the same level of savings on favourite activities. The Entertainer’s Acquisition and International Scaling: In 2018, the biggest change for The Entertainer came from GFH Financial Group’s collaboration with Al-Futtaim and Al Zarooni Emirates Investments to acquire an 85% stake in the business. This acquisition helped The Entertainer scale its international influence, especially with new partnerships and a boosting of funds that extended the company’s reach into more countries and regions. The Entertainer has rapidly grown to over 40 locations in 15 different countries in the Middle East, Asia, Africa, and Europe.
It has offices in major global cities such as Dubai, Singapore, Hong Kong, and London, with the mission to further expand its digital footprint and offer users ease of access to world-class offers. Loyalty programs and partnerships with industries such as banking and telecommunications, for example, have ensured that The Entertainer remains relevant in all dimensions of consumer life.
As it grows from just saving money, The Entertainer is light years away from all that. The company has become a lifestyle tool for people and for businesses. A savvy move by the company has been not only saving money for the users but also routing billions of dollars into local economies-an impressive annual $1.3 billion said the company. Whether it’s eating out, weekend gateways, or discovering new leisure attractions, The Entertainer will be just that trusted companion for those looking to make the most of life without breaking the bank.
Entrepreneurs
The Economical Printing Press: 40 Years of Printing Excellence in Dubai
For over more than 40 years, since the establishment of The Economical Printing Press as the second commercial printing press in Dubai, the company has been one of the pillars in the prosperous business climate of the emirate. From a small beginning in the newly established city, The Economical Printing Press became an anchor of the media and print industries in Dubai through the adjustment of its goals to the requirements of the market, maintaining quality and service to customers.
The Economical Printing Press was founded by Hassan Fahmi Saleh AlShunnar, a holder of an architectural engineering degree, who arrived in Dubai in the early 1960s. It did not take long for The Economical Printing Press to be recognized within the business environment of the locality. Entry by AlShunnar into printing marked a time when Dubai was growing fast, and businesses needed reliable and efficient printing services to complement their growth. As an engineer by profession, AlShunnar brought a new dimension to the business, which had precision and innovation at the heart of it.
Economic Printing Press was a name that had gained immense recognition decades after decades of business in ATL and BTL media solutions. The business specialized itself in the creation of print advertisement, marketing materials, packaging, and much more for the businesses ranging from start-ups to giant corporates. Delivering quality with low cost allowed the company to carve an early niche in what was already a fairly competitive field. This ATL and BTL marketing specialization played a big role in their success as businesses continued using them for marketing and promotional requirements.
The Economical Printing Press, like most other businesses in Dubai was not spared by the global economic recession of 2008-2009. The downturn came knocking harder on Dubai than anywhere else prompting large-scale exodus of expatriates and grinds to near halt business activities. Downsizing and employees cutting was the measuring scale for survival for The Economical Printing Press. Many businesses were obliged to close up shop, but this successful business through strategic planning and flexibility managed to survive the crisis and come out leaner yet stronger. This characteristic of resilience has been one of the marks of the company’s success, speaking to an ability to navigate the ebbs and flows in Dubai’s dynamic economy.
The Economical Printing Press has, throughout the years, kept its evolution in order to cater to modern businesses. The firm relocated its headquarters to Al Quoz industrial area as it’s the prime location that will allow them to reach clients better by serving them all over Dubai. Al Quoz has also been described as the hotspot for a number of creative and industrial businesses; in this regard, it was the perfect location for a printing press servicing all sorts of industries. Its strategic move ensured that the company was close to the businesses it served.
The Economical Printing Press has giant ambitions for further expansion in the future. With more than four decades of experience in this field, this company plans to open five new branches in different regions within the UAE. This is a very explicit sign of an increase in the demand for the services offered by this organization and ensures a place for it in the printing field. Their newly opened branches will enable them to reach a greater audience, thus making services accessible to businesses all over the country.
This is exactly what has kept The Economical Printing Press in a business that has transformed dramatically because of both technological innovation and business practices. Under the digital media spotlight, it’s amazing how the requirement for conventional print services has not diminished. The Economical Printing Press has captured the innovation in printing technology while yet maintaining the craftsmanship and personal touch that defined their brand over 40 years.
Whereas each city has witnessed new ventures sprouting up and then vanished, one venture will discover its lifetime in that wave of change. The Economical Printing Press is the epitome of perseverance and adaptability, and it remains a committed partner to businesses in the UAE and its economy through good times and bad economic times. Through decades closely interwoven with the evolution of the city, The Economical Printing Press is so much more than a company-it’s part of history. As they keep on growing and expanding, their story is far from over and will continue contributing to the business landscape in Dubai for many years to come.
Entrepreneurs
Global Financial Expertise: How FFA Private Bank is leading in Capital Markets and Advisory Services
FFA Private Bank is registered and operates from the acclaimed DIFC, which positions it at the centre of the Middle East’s financial hub. Being under the stricture of the Dubai Financial Services Authority assures the regulated compliance of all practices carried out by the bank with stringent financial regulations and best practices. This regulatory oversight further adds yet another layer of security and confidence for its clients, which could range from private investors to corporations seeking tailored financial services.
FFA Private Bank is a subsidiary of FFA Group Holding Ltd that is headquartered in Dubai but registered in DIFC. The parent entity controls several lines of ventures, including FFA Real Estate Ltd, which is very engaged in real estate development and management in Europe, especially through its German subsidiary, FFA Real Estate GMBH. International expansion into real estate, as in the German subsidiary for FFA Group of Companies, also speaks to the increasing influence of the group as well as its capacity to manage a broad array of assets spread across different markets.
The strength behind FFA Private Bank’s success is its provision of a full range of financial services to clients. It specializes in capital markets and offers its clients the best investment opportunities-in equities, fixed income products, and alternative investments. With a team of experienced financial professionals, supported by state-of-the-art technology, FFA Private Bank positions its clients for market trend realization and for the highest possible return on investments.
FFA Private Bank has superiority in wealth management. As such, the bank offers specialized investment strategies with a focus and particular attention to the financial goals of each client, be it the preservation of wealth for future generations or growing assets through diversified portfolios. Bank advisors therefore hand-in-hand work with clients to ensure that every financial decision is moved on a bedrock rooted in profound market insights and far-reaching vision. FFA Private Bank offers advisory services into the full spectrum of its client’s financial planning needs. These range from estate planning, tax optimization to a vast list of complex financial challenges that the banker’s experts are equipped to handle. Whether advising companies on mergers and acquisitions or working with families and inheritance planning, advisory services from FFA Private Bank are grounded in deep knowledge of domestic and international financial rules and regulations.
One of the cornerstones of the diversified service offering of FFA Private Bank is their partnership with FFA Real Estate Ltd. FFA Real Estate has been aggressive in promoting advancement in real estate development and management, especially in Europe. The company, through its subsidiary in Germany, FFA Real Estate GMBH, undertakes property management using residential, commercial, and mixed-use developments portfolios. This foray into real estate complements the financial services offered by the bank as well as providing clients with opportunities to invest in promising real estate markets across Europe.
Over the years, growth of the bank reflects adaptation by the bank as the financial environment changed. Ever since its inception, FFA Private Bank grew to be a reliable partner for clients who would seek tailor-made financial solutions. When embedding a global perspective with roots in the Middle East, this bank will be in a position to provide an area and international markets unique view of itself for its respective clients.
FFA Private Bank demonstrates its high standards by the solidity of its client relationships, the current respects for regulatory standards and its ability to innovate financial solutions. As the financial climate continues to change, FFA Private Bank is well placed to lead the future as clients face ongoing changes in the rapidly globalizing economy and are set to thrive.
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