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RIYADH, Saudi Arabia, Nov. 3, 2024 /PRNewswire/ -- The Future Investment Initiative (FII) Institute wrapped up Day 3 of its 8th annual gathering in Riyadh, with an "Investment Day" under the theme of "Infinite Horizons: Investing Today, Shaping Tomorrow." Leaders, investors, and innovators explored avenues to drive impactful investment in emerging markets, venture capital, and sustainable growth strategies, setting the stage for the future of global finance and economic development. FII8 Day Three Ends with $70 Billion in Deals Announced Richard Attias, CEO of the FII Institute, commented on the day's events: "Today's discussions underscored the power of targeted investments to transcend traditional boundaries, creating opportunities in markets that promise to shape the next economic era. Our collective focus on deploying capital with long-term vision and sustainability will guide us as we navigate an ever-changing landscape." Standout Moments from FII8 Day 3: 1. Opening Remarks by H.E. Faisal F. Alibrahim H.E. Faisal F. Alibrahim, Minister of Economy & Planning for the Kingdom of Saudi Arabia opening remarks set the tone for the day, emphasizing the role of investment in Saudi Arabia's economic transformation under Vision 2030, highlighting non-oil growth as pivotal for future diversification. 2. Panel on Alternative Asset Growth in Emerging Markets Key insights were shared during a session featuring H.E. Mohammed El-Kuwaiz, Chairman, Capital Market Authority (CMA); Rishi Kapoor, Vice Chairman & CIO, Investcorp; Chip Kaye, Chairman, Warburg Pincus LLC which focused on new frontiers in alternative asset growth. This panel explored trends driving investments in emerging economies, spotlighting regions set to lead the next growth phase. 3. Capital Allocators Roundtable A high-level discussion gathered influential leaders to discuss 2024's projected impact for alternative assets and the diversification trends shaping institutional portfolios. The roundtable featured a diverse array of experts, including institutional investors, and thought leaders, all sharing insights on how alternative investments are becoming crucial in navigating economic uncertainties. 4. Venture Capital Hotspots: Catalysts for Disruption In this session, the panel explored the evolving landscape of innovation funding, with a particular emphasis on developments in burgeoning markets like Saudi Arabia. 5. Health Humanity Initiative In a global effort to secure a healthier future for all, FII Institute launched the Healthy Humanity Initiative inviting over 100 corporations, 10 health insurance companies insurers and governments from the Global South and North to join the movement to impact lives by providing free preventive health checkups for citizens every two years, waive up to 50% in health bills and ensure tax-free benefits. So far, this initiative has garnered support from Saudi Health in All Policies (HIAP), Claure Group, Moderna, Merck GCC, Ausmed Global, Qi Ming Venture Partners, Burjeel Holdings, SCAI, CURA, Genrait and Cleveland Clinic. 6. Health Longevity Compass The FII Institute presented findings from the Healthy Longevity Compass, which surveyed 22,600 respondents across 21 countries in partnership with The McKinsey Health Institute. The study revealed that 70% of individuals aspire to adopt healthier living habits, yet 43% in developing countries are dissatisfied with access to nutritious food. Read the Full Report Here. 7. Investment Day FII8 Investment Day launched a dynamic new chapter for the entrepreneurial ecosystem, transforming bold visions into actionable solutions that drive progress. At the inaugural global program hosted by FII Institute, five start-up companies showcased their cutting-edge tech solutions tackling world's most pressing global challenges in artificial intelligence and robotics, sustainability, health and education. Among the innovators were: Oxccu, Sakuu, Beyond-Aero, Archireef and Bytelearn. In the finale, Sakuu emerged as the winner and was crowned FII8 Innovator 2024. Each participating company received 2025 FII Institute complimentary membership and access to the FII Venture Program – powered by General Atlantic and Lakestar. This comprehensive support system is designed to accelerate their growth, offering unparalleled opportunities for market expansion, knowledge sharing and global visibility. Additionally, the innovative start-ups are eligible for a market expansion package providing over $10 million in financing grants and startup support. They may also benefit from soft landing program through NTDP (Saudi Arabia) and Hong Kong Science and Technology Park. 8. Closing Remarks by H.H. Prince Faisal bin Farhan Al Saud, KSA Minister of Foreign Affairs. H.H. Prince Faisal emphasized the importance of global citizenship in addressing today's pressing issues. He highlighted that collaboration across nations is vital for tackling conflicts, climate change, health crises, and economic disparities. 9. Announcements: During the four days of the FII8 conference, over 30 plus announcements worth 70 billion dollars were made that focused on promoting sustainable development and innovative solutions for humanity. Additionally, strategic partnerships were established highlighting collaboration across various sectors, including technology, quality of life, and innovation. As FII8 wrapped up, the narrative of a united front for positive change was clear. The collective voices of leaders and innovators echoed the sentiment that the future is not just a vision; it's a movement we are all part of Day 3 at FII8 demonstrated the Institute's commitment to connecting capital with impactful initiatives, further strengthening the global investment landscape. The FII Institute continues its mission of fostering sustainable and forward-looking investments that empower change across diverse geographies. For media inquiries, please contact: media@fii-institute.org About FII Institute The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
DUBAI, UAE, Nov. 2, 2024 /PRNewswire/ -- KuCoin, a global leader in the cryptocurrency exchange arena, is thrilled to announce its active participation at this year's premier TON community event, The Gateway. The annual conference, renowned for uniting key players in the TON ecosystem, aligns perfectly with KuCoin's mission to democratize cryptocurrency and expand its reach across the globe. Representing KuCoin at the event was Alicia, who took part in the insightful panel discussion on "Perspective Sectors on TON for VCs and Exchanges." Her presence underscored the vibrant potential of the venture capital market within emerging blockchain technologies, particularly the TON ecosystem. Alicia's discussion highlighted how TON's seamless integration with Telegram presents unique opportunities for innovation and user engagement, resonating with KuCoin's strategic initiatives to bridge social connectivity with financial transactions. "TON's integration with Telegram not only simplifies the user experience but also amplifies it, making it a gateway for millions to engage with Web3 technologies," Alicia stated. She emphasized KuCoin's commitment to leveraging this synergy to enhance secure, user-friendly trading experiences, thus furthering its mission of putting crypto in every pocket. KuCoin's participation in The Gateway event reinforces its dedication to fostering a secure, robust, and accessible trading environment, paving the way for a new era of crypto and blockchain integration. About KuCoin Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as "One of the Best Crypto Apps & Exchanges of June 2024" by Forbes Advisor and has been included as one of the top 50 companies in the "2024 Hurun Global Unicorn List". Learn more at https://www.kucoin.com/.
CHONGQING, China, Nov. 2, 2024 /PRNewswire/ -- A news report from iChongqing. The 18th China (Chongqing) Elderly Industry Expo and the 5th China (Chongqing) Big Health Industry Expo, guided by the China Association for Social Welfare and Elderly Care Services and organized by multiple enterprises and institutions, were grandly opened on November 1st, 2024 at the Chongqing International Convention and Exhibition Center. At the opening ceremony, leaders delivered speeches and expressed their positive expectations for the event. In order to promote the high-quality development of the local home-based elderly care service industry, a strategic cooperation agreement was signed on site. At the same time, people learned about the content of the Chongqing local standard of the Norms for Community Home Care of Elderly People with Cognitive Impairment. This instruction can greatly help social work for cognitive impairment, and the relevant guidance content participants was also awarded. Meanwhile, some people who performed well in elderly care services have been commended. After the opening ceremony, China (Chongqing) Elderly Care Service Conference and Elderly Care Thinkers Conference series of forum activities were held by the schedule time. As an important supporting event of the China Elderly Care Expo, the China (Chongqing) Elderly Care Service Conference is an significant platform for interpreting government policies, laws and regulations, understanding the development trends of the elderly industry market, and conducting in-depth exchanges and learning. The same day, industry experts and professors provided a variety of keynote speeches, and representatives from Silver Haired Economic fields discussed and deliberated about the elderly care industry, providing suggestions and recommendations for elderly care in the new era. From November 1st to 3rd, the China Elderly Care Thinkers Conference were held. A series of forum activities including the Tsinghua Smart Empowerment - High Quality Elderly Care Operation Driven Profit Growth Sharing Conference were carried out one after another where lots of industry experts, scholars, and leaders gathered to conduct comprehensive discussions and sharing around elderly care. The Elderly Industry Expo has became a bridge to connect world elderly care with a large scale, rich content and wide coverage. At the same time, under the concept of smart elderly care, the potential of elderly care technology products and innovative technologies was highlighted which showed more intelligent, convenient, and comfortable elderly care services in daily life. These fully demonstrate the vigorous vitality and enormous potential of the elderly care and health industry.
Taking place on Abu Dhabi's Corniche from November 1st to 3rd, 'Building bridges for the future UAE & China' will host a series of interactive workshops, live performances, cultural displays, and culinary experiences ABU DHABI, UAE, Nov. 2, 2024 /PRNewswire/ -- The distinguished "Building Bridges for the Future: UAE-China" event, reflecting the spirit of unity and collaboration between the UAE and China, will be held in cooperation with the Department of Culture and Tourism - Abu Dhabi. Taking place over three days, from November 1 to 3, on Abu Dhabi's picturesque Corniche, this landmark event commemorates 40 years of enduring partnership between the United Arab Emirates and the People's Republic of China. The event's theme, "Reflecting on The Past, Present, and Future," pays tribute to the deep-rooted ties, milestones, and collaborative spirit that have defined the UAE-China relationship since 1984. The UAE currently maintains two diplomatic representative offices in China, in Beijing and Shanghai, and this strong bond has continued to develop over the past number of years, with Sheikh Mohammed Bin Zayed visiting China in June of this year. What to Expect Visitors to the Corniche will instantly be immersed in a rich tapestry of Emirati and Chinese culture, with interactive workshops that invite attendees to explore traditional crafts from both nations. Through hands-on activities like calligraphy, fan painting, and basket weaving, guests can experience the artistry that has been passed down through generations, celebrating the shared values of craftsmanship and heritage. Visitors can enjoy the soulful notes of traditional Emirati Oud music and the dynamic moves of the Tai Chi, and Kung Fu, with each display honouring the distinct cultural essence of its origin. Artisan stalls situated along the Corniche will display handcrafted goods from Emirati and Chinese artists, providing an intimate view into each nation's cultural richness. Adding to the vibrant atmosphere, a roaming Dragon Dance and Al-Ayyala performers will weave through the crowds, filling Abu Dhabi's Corniche with the colours, sounds, and spirit of celebration, embodying the unity at the heart of the UAE-China partnership. Join the Celebration When: November 1st to 3rdTimings: from 4:00 PM to 11:00 PM for all daysWhere: Abu Dhabi's CornicheBuy tickets online here: https://abu-dhabi.platinumlist.net/event-tickets/95487/building-bridges-for-the-future
LAS VEGAS, Nov. 2, 2024 /PRNewswire/ -- AVAPOW, a leading expert in vehicle tools, is thrilled to announce our participation in the SEMA Show 2024, taking place from November 5th to November 8th at Booth No. 12817 in the North Hall of the Las Vegas Convention Center. Join us to explore our latest innovations and connect with automotive enthusiasts from around the globe! Explore Our Classic and Innovative Products at SEMA 2024At this year's SEMA Show, AVAPOW is excited to showcase a diverse range of our classic and innovative products designed to enhance the automotive experience. Attendees can explore the latest innovations in automotive tools: The A68: Our flagship classic jump starter features a peak current of 6,000A, suitable for all 12-volt vehicles. It includes eight safety protection systems for reliable performance. Plus it functions as a portable power pack with two USB ports, one quick-charging port, and an ultra-bright LED light with SOS mode. The E5 PRO: This upgraded version of E5 jump starter delivers a peak current of 2,000A with a real battery capacity of 12,000mAh, ensuring powerful performance. It features a large LCD display and the A8 series smart cable for enhanced usability. The CP MIX: This innovative 4-in-1 device combines a high-performance jump starter suitable for all 12-volt vehicles, capable of starting engines up to 8L gasoline and 4.5L diesel. It features a tire inflator with 150PSI, a water washer delivering 1MPa pressure, and a vacuum cleaner with 15kPa suction. Equipped with six safety protection systems, PD 30W quick charging, and versatile LED lights, the magnetic-attached CP MIX is your ultimate automotive solution. Additional Innovative Products: We are also excited to introduce our latest advancements, including a cordless pressure washer and a vacuum cleaner, all meticulously designed to enhance your travel experience and meet diverse automotive needs. Engage with AVAPOW at SEMAVisit the AVAPOW booth to engage with live demonstrations and product displays. Discover how our innovative solutions address automotive needs, from jump-starting vehicles to maintaining tire pressure and keeping your car clean. About AVAPOWAt AVAPOW, we recognize that life is a journey filled with both challenges and opportunities. "AVA" represents two different directions: a time to rise like an A, and a time to fall like a V. But we believe that we shall overcome and keep moving up as an A. "POW" signifies the inner power and strength we all have in our deepest hearts, inspiring us to move forward with confidence, unafraid of anything. Our Mission"Wherever there is a road, we will be there with you." We are committed to empowering you to explore the world, equipped with the right tools to navigate any situation, ensuring that every journey is met with confidence and reliability. Our VisionTo become a world-class brand in automotive tools. Official Website: https://www.avapow.net/ Amazon Flagship Store:https://www.amazon.com/stores/AVAPOW/page/706D9338-B5FE-451B-AE07-032137EE8ADA Official Social MediaFacebook: https://www.facebook.com/avapow.fans Linkedin: https://www.linkedin.com/company/avapow/ TikTok:https://www.tiktok.com/@avapow Contact: marketing@avapow.net
Survey: 77% Local Consumers Agree AI Brings Shopping Convenience, Over Half of Them are Concerned about Lack of Interactivity and Data Privacy GS1 HK's First-eve "Digital Transformation Award" Results Unveiled HONG KONG, Nov. 1, 2024 /PRNewswire/ -- The GS1 HK Summit 2024 ("the Summit") was held successfully today at the HK Convention & Exhibition Centre attracting about 650 cross-industry participants' registrations from Hong Kong and the Asia Pacific region. A session at the Summit featured GS1 and KPMG jointly announcing the results of a consumer survey in the Asia-Pacific region, as well as latest survey data on local consumers' views on artificial intelligence (AI) and retail. Co-located at the event, the first "Digital Transformation Awards" presentation ceremony handed out 23 awards to companies that have successfully implemented digital transformation initiatives. (left to right) Duncan Chiu, Legislative Councillor; Frankie Yick, Legislative Councillor; Zhou Qiang, Deputy Director-General of Economic Affairs & Head of Commercial Office, LOCPG in the HKSAR; May Chung, Chairman, GS1 Hong Kong; Lam Sai-hung, Secretary for Transport and Logistics; Renaud de Barbuat, President and CEO, GS1; Jeffrey Lam, Executive Council & Legislative Councillor; Peter Shiu, Member of the 14th CPPCC National Committee and Legislative Councillor; Anna Lin, CE, GS1 HK Themed "Transforming for the Next Generation Commerce", the Summit was inaugurated by Guest of Honour Mr. Lam Sai Hung, Secretary for Transport and Logistics of the HKSAR Government, who delivered the opening address. "Digitalisation in trade and logistics is indeed an irreversible trend. With the surge in cargo volume and the increasing emphasis on prompt delivery, logistics going digital is a must, not an option. The Government therefore spares no efforts in providing all assistance to the trade to ride the tide of digitalisation to stay in the game." Ms. May Chung, Chairman of GS1 Hong Kong said in her welcome address that the theme "next generation" resonated with the new thinking in today's changing market environment, for example the Government's advocacy on a host of new economic drivers like low altitude economy and silver economy, and the various initiatives that support SMEs, including the Digital Transformation Support Pilot Programme. She added that GS1 HK has been evolving on and beyond its 35th anniversary, which includes the introduction of 1QR, a QR code that connects consumers to diverse information covering product specification, offers, nutrition, certification information etc.; the launch of digital trade financing solution that is built on the trusted trade data over B2B e-commerce community platform "ezTRADE", designed to relive SMEs' cash-flow; and the smart operations solution enabled by IoT technologies and traceability platform ezTRACK, to realise supply chain visibility. One of the highlights of the Summit was the unveiling of GS1 and KMPG China's survey report titled "Navigating the future of seamless commerce in Asia Pacific", which collected feedback from 7,000 consumers in 14 economies on their shopping attitudes and expectations, uncovering the latest retail trends. Full report here: https://www.gs1hk.org/sites/default/files/publications/FINAL_navigating-the-future-of-seamless-commerce-in-asia-pacific.pdf The session also released new data on consumers' sentiments on artificial intelligence (AI) applications: Among 1,075 local respondents surveyed which is conducted by YouGov, 77% recognised the convenience of using AI as a significant benefit, which include bringing 24/7 anytime, anywhere availability (59%) and faster service (52%) to their shopping experience. AI can also help save money (49%) and provide personalised recommendations (38%). 60% of respondents also agreed that AI can improve pre-purchase experience (e.g. evaluating options), at-the-point-of-purchase (43%, e.g. completing a transaction) and after-sales services (45%, e.g. customer support). Only 12% said it was not helpful; and the majority (82%) expect AI will change retail experience in the next 5 years. However, they are concerned about the lack of human interaction (59%), data privacy (54%) and AI making mistakes (54%). (The survey details: https://gs1hongkong.box.com/s/famu36oebzlu954jdjwx362kzli673lv) "Today's technology enables companies to better serve consumers and to reach a wide range of customers," said Anson Bailey, Head of Consumer & Retail KPMG Asia Pacific. "Proactively making moves to technologies and digital platforms by offering a more integrated experience, and increasing seamless shopping experiences and value to consumers can improve returns for businesses." Anna Lin, Chief Executive of GS1 HK, highlights the importance of reliability in AI data: "More and more organisations are using technologies like Internet of Things (IoT) sensors and QR codes to collect massive amounts of data, and combine AI analytics to discover industry trends and insights. Standardised, quality data is the key, as the saying goes 'Garbage In, Garbage Out', so the accuracy and credibility of AI results are directly related to the quality of the input data. This is the foundation for AI to actually realise any business benefits." GS1 HK's Digital Transformation Awards aims to recognise businesses that have successfully implemented digital transformation initiatives, leveraging technology to drive innovation, efficiency, and growth. The Awards had attracted an impressive turnout in all 9 award categories, including customer experience excellence, fintech implementation, innovation in ESG, operational excellence, people & culture, sales & marketing, supply chain & logistics, rising star of the year and digital transformation enterprise of the year. PARKnSHOP won the grand award with its seamless O+O(offline and online) retail strategy and the launch of PNS online business fulfilment centre driving robust growth. (Please refer to appendix for the list of "Digital Transformation Awards" winners.) Anna congratulated all the winning and participating companies, and thanked the judging panel for their tremendous efforts: "The winners show not only their digital prowess but also exemplify how companies can unlock the power of digital technologies, which is conducive to the development of Hong Kong's innovation and technology ecosystem and digital economy." Download link for photos: https://gs1hongkong.box.com/s/yyqihnr4jvl0b5bqy8dkoamd7at3vtad Appendix Digital Transformation Awards Winners List (in alphabetical order): Customer Experience Excellence through Digital Transformation Name of Entry HKT CX Reimagined: Leveraging Digital to Drive Exceptional Experiences MTR Corporation MTR Digital Transformation: Smart and Inclusive Journey Sleekflow Technologies Limited & Bowtie Life Insurance Company Limited Customer Experience Excellence - Bowtie Insurance Boosts Customer Engagement With SleekFlow FinTech Implementation Excellence through Digital Transformation Name of Entry Check Point Software Technologies Limited Secure By Design Yuhu Technology Limited Yuhu Supply Chain Management Solutions for Frozen Food Trade Finance Innovation in ESG through Digital Transformation Name of Entry LEE KUM KEE Lee Kum Kee Energy Management System Upgrade Maxim's Group SmartOps Paperless Transformation MTR Corporation Smart ESG: Technology-enabled Social Inclusion Project Operational Excellence through Digital Transformation Name of Entry CUHK Medical Centre Enhancing Patient Safety and Operational Efficiency through Internet of Things and Real-Time Location Services at CUHK Medical Centre DFI Retail Group (Group Digital) DFI Operation Management System HKT Streamlined Synergy: Integrating Digital Solutions for Operational Prowess People & Culture Excellence through Digital Transformation Name of Entry HKT Powering People Excellence with Digital Advancements Swire Coca-Cola HK AI for Traffic Safety Management Sales & Marketing Excellence through Digital Transformation Name of Entry Hong Kong TV Shopping Network Company Limited ThePlace - All-in-One eShop Solution Meiriki Japan Company Limited Meiriki Japna Digitalization and System Integration Swire Coca-Cola HK Digital Vending Ecosystem Supply Chain & Logistics Excellence through Digital Transformation Name of Entry Crown Gas Stoves (Holdings) Company Limited QR Code Product Tracking System DCH Auriga (Hong Kong) Limited Robotic warehousing with clinical order fulfillment via web portal PARKnSHOP PARKnSHOP Offers Customers with Seamless O+O Retail Experience, Unlocking Post-pandemic Growth with Launch of PNS Online Business Fulfilment Centre Rising Star of the Year Name of Entry LocoBike World's First True Green Mobility Solution Meat the Next Company Limited TIGA MILK - Sustainable Choice for social inclusion and well-being TriTerra Technology Limited Motivation Scheme for City Decarbonization Digital Transformation Enterprise of the Year(Grand Award) Name of Entry PARKnSHOP PARKnSHOP Offers Customers with Seamless O+O Retail Experience, Unlocking Post-pandemic Growth with Launch of PNS Online Business Fulfilment Centre About GS1 Hong Kong Founded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®. GS1 Hong Kong's mission is to empower businesses of their digital transformation, improve supply chain visibility and efficiency, ensure product authenticity, facilitate commerce connectivity and enable sustainable value chain through the provision of global supply chain standards (including GTIN & barcodes), and a full spectrum of platforms, solutions and services. GS1 Hong Kong currently supports close to 8,000 corporate members from 20 sectors including retail & consumer packaged goods, food & beverage and food services, healthcare, apparel & footwear, logistics & ICT. By working closely with communities of trading partners, industry organizations, government, and technology providers, we can foster a collaborative ecosystem, paving the way for "Smarter Business, Better Life". Headquartered in Brussels, Belgium, GS1® is a not-for-profit, standards organisation that has 118 national chapters serving 150 economies globally. For more information, please visit www.gs1hk.org.
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