Press Release
FinTech Funding Continues to Surge as Second Edition of Dubai FinTech Summit Commences
- Dubai FinTech Summit to take place 6 – 7 May at Madinat Jumeirah.
- 2nd edition of the summit will bring together over 8,000 decision-makers, over 300 thought leaders across five stages and more than 200 exhibitors showcasing cutting-edge technologies.
- FinTech landscape is booming with over 800 FinTech start-ups worth USD 15.5bn.
Dubai, UAE, 3rd May 2024, ZEX PR WIRE, For the second consecutive year, Dubai will remain in the spotlight as it hosts the second edition of Dubai FinTech Summit, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is set to take place on 6-7 May at Madinat Jumeirah.
Organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, the Summit will bring together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies.
The global FinTech sector is rapidly growing and is predicted to be valued at USD 608bn globally by 2029, according to Mordor Intelligence, a market intelligence and advisory firm. Bucking the downward global market trend, the MENA FinTech market is expected to register a CAGR of over eight per cent during the period 2024 to 2029.
Dubai FinTech Summit will offer a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond. The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth USD15.5 bn, according to data by dealroom.co. Reflecting the ongoing transformation in the financial sector driven by Innovation, Inclusion, and Impact, the key themes this year will be Finance Renaissance, Ecofinance and Impact, Investment Vanguard, Regulatory Frameworks, Global Financial Dynamics and FinTech 2.0.
Mohammad Alblooshi, CEO at DIFC Innovation Hub, said: “Nearly 60 per cent of all FinTech companies in the GCC are currently based in Dubai. With the industry growing at an unprecedented rate, it is crucial for stakeholders to gather and discuss the challenges and opportunities that lie ahead. The Dubai FinTech Summit will bring together the most prominent figures in the industry, with an agenda that is aimed at driving innovation, inclusivity, and growth for all.”
With an impressive line-up of distinguished local and international speakers, the Dubai FinTech Summit will host a series of panel discussions and fireside chats. More than 20 governors of financial institutions will attend the summit this year, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Fahad M. Alturki, Ph.D. Director General Chairman of the Board, Arab Monetary Fund, H.E. Dr. György H Matolcsy, Governor, Magyar Nemzeti Bank, The Central Bank of Hungary; will participate in discussions during the two-day event. Nic Dreckman, CEO of Bank Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Street Global Advisors, along with many other global industry leaders will also be participating in the various sessions planned for the Summit. Notable local speakers include H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy; H.E. Helal Saeed Al Marri, Director General, Department of Economy and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director General, Mohammed Bin Rashid Space Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.
A key highlight of the Dubai FinTech Summit will be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup will be announced on Day 2 of the summit with the winners securing an investment of up to USD 1 million. The competition is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to transforming the global FinTech sector.
In line with the D33 Agenda to position Dubai as the top four global financial hub by 2033, the 2nd edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.
The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 countries including north of 1,000 investors and more than 150 speakers. Over 20 Memorandums of Understanding were signed with global financial leaders during the Summit.
The 2nd edition of the Dubai FinTech Summit is supported by:
Founding Partner & Co-Host – VISA
Founding Partner & Powered by – e&
Founding Partner & Premium Banking Partner – Emirates NBD
Founding Partner & Strategic Banking Partner – Commercial Bank of Dubai
Powered By – Dyna.Ai
Strategic Venture Partner – SC Ventures
Lead Sponsor – Finvasia
Country Pavilion Partner – Seoul Government
Diamond Sponsor – Mashreq
Platinum Sponsors – Ripple, Deloitte, Pay10, Nasdaq, Mastercard, Bitpanda
Official English News Partner – The National
Arabic Broadcast Partner – Sky News Arabia
Arabic Business News Media Partner – CNN Business Arabic
Editorial Partner – Bloomberg
Regional Business Media Partner – Asharq Bloomberg
Business Broadcast Partner – CNBC Arabia
Official Radio Partner – Dubai Eye 103.8
Ecosystem Partner – Entrepreneur Middle East
Main Media Partner – Emirates News Agency – WAM
Official Newspaper Partner – The FinTech Times
Official Business News Partner – CITY A.M.
Official Magazine Partner – Finance World Magazine
Official Media Partners – Arabian Business, Finance Middle East
Official Digital Magazine Partner – RASMAL
Official Content Distribution Partner – ZEX PR Wire
Official OOH Partner – ELEVISION
About Dubai FinTech Summit
Dubai FinTech Summit is an annual mega event organised by the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The 2nd edition of the Dubai FinTech Summit will bring together over 8,000+ global industry leaders, 1,500+ investors and policy makers, signalling increased appetite for growth opportunities in the region.
Dubai FinTech Summit signals new wave of financial innovation, opportunity, transformation, and growth for the international financial services sector. As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The summit aligns with the Dubai Economic Agenda D33’s strategic goal of propelling Dubai into the ranks of the top four global financial hubs by 2033.
The expanded programme of Dubai FinTech Summit is set to exceed expectations by delving into key tracks, including the future of FinTech, embedded and Open Finance, climate finance, Web3 and digital assets. The summit stands as a thought leadership-driven platform, addressing industry challenges head-on and championing innovation.
To register for the event, visit www.dubaifintechsummit.com.
Visitors can purchase tickets for the Dubai FinTech Summit 2024.
For further inquiries, please contact:
Shadi Dawi
Director of PR & Strategic Partnerships
Trescon Global
Mobile: +971 55 498 4989
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
QuickBooks File Repair: Essential Steps to Restore and Protect Your Financial Data
Brandon, MB, 22nd November 2024, ZEX PR WIRE, QuickBooks file repair is often necessary when a QuickBooks company file becomes corrupted or damaged. This can happen due to various reasons, such as system crashes, large file sizes, network issues, or power outages. Corrupted files can lead to issues like missing data, error messages, or QuickBooks freezing unexpectedly, so it’s essential to address these problems quickly to maintain data integrity.
As a QuickBooks company file grows, it can become more prone to corruption and performance issues, especially in older versions of QuickBooks that may not handle large files as effectively.
If multiple users are working on the same file over a network, disruptions in network connectivity can lead to file corruption. System crashes, power outages, or abrupt QuickBooks closures can cause file damage, as data may not be saved or closed correctly.
The QuickBooks File Doctor is a free tool from Intuit that scans and repairs corrupted QuickBooks files. It addresses common issues and can resolve error messages related to data corruption, network issues, and Windows permissions.
The Rebuild Data utility within QuickBooks Desktop can fix minor data issues. This tool scans the file for errors and attempts to repair them automatically. To access it, go to “File” > “Utilities” > “Rebuild Data.”
If file size is the cause of corruption, condensing the data may help. The Condense Data utility reduces file size by summarizing older transactions, which can make the file more manageable and reduce the risk of future corruption.
If the file is significantly damaged, restoring from the most recent backup can often be the quickest solution. QuickBooks allows users to create regular backups, so if you’ve been backing up your data, you may be able to restore it without losing much information.
For severe file corruption, or when standard tools fail, contacting a QuickBooks file repair specialist may be necessary. Professional services can often repair damaged files without data loss, restoring the integrity of financial records.
QuickBooks file repair is crucial to prevent data loss and keep financial records accurate. Regularly backing up data, monitoring file size, and maintaining a stable network connection can reduce the risk of file corruption, ensuring smoother, uninterrupted use of QuickBooks.
Visit https://quickbooksrepairpro.com/quickbooks-data-recovery.aspx for more information.
About QuickBooks Repair Pro
QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
For more information, visit https://quickbooksrepairpro.com/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
QuickBooks SuperCondense reduces file size more drastically than standard condensing, resulting in faster load times and smoother navigation
Brandon, MB, 22nd November 2024, ZEX PR WIRE, QuickBooks SuperCondense is a specialized process used to significantly reduce the size of large QuickBooks company files, helping improve software speed and stability. Over time, QuickBooks files can become sluggish as more transactions are recorded, leading to delays, errors, or even corruption issues. A SuperCondense, which goes beyond the built-in “Condense Data” utility, can help resolve these issues by reducing file size by up to 80%.
Large file sizes can cause QuickBooks to slow down, affecting user productivity and increasing the chance of crashes. SuperCondense reduces file size more drastically than standard condensing, resulting in faster load times and smoother navigation.
Smaller files are less prone to corruption, which can occur when QuickBooks attempts to handle oversized files. SuperCondense helps protect data integrity, reducing the need for frequent repairs or data recovery.
Moving large QuickBooks files to QuickBooks Online can be challenging due to file size limits. SuperCondensing your file before migration ensures it meets size requirements, allowing for a seamless transition to the cloud.
Smaller files are easier to back up and store, reducing storage costs and simplifying data management processes.
During SuperCondense, older or inactive transactions are summarized, and unused items (like vendors or customers) are removed or archived. Unlike the regular condense process, which may only summarize old transactions, SuperCondense minimizes every aspect of the file, providing a more compact and efficient end result.
QuickBooks users can use professional services for a SuperCondense process, as it’s not included in the standard QuickBooks software. These services ensure a smooth reduction process while preserving essential data, helping businesses maximize QuickBooks performance without losing historical information.
SuperCondense is an effective way for businesses to optimize their QuickBooks files for faster, more reliable performance. By reducing file size significantly, businesses can enjoy a smoother QuickBooks experience, better data protection, and simpler cloud migration, making SuperCondense a valuable option for those dealing with large, sluggish files.
https://e-tech.ca/Quickbooks-Super-Condense-Service.aspx has more information.
About E-Tech
Founded in 2001, E-Tech is the leading file repair, data recovery, and data conversion services provider in the United States and Canada. The company works to stay up to date on the latest technology news, reviews, and more for their customers.
For media inquiries regarding E-Tech, individuals are encouraged to contact Media Relations Director, Melanie Ann via email at Melanie@e-tech.ca.
To learn more about the company, visit: www.e-tech.ca
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
GlobalTradeAxis.com Redefines the B2B Marketplace with Genuine Business Opportunities
Summary: GlobalTradeAxis.com, a top-notch platform addressing the biggest challenge businesses face: generic inquiries that fail to convert into meaningful opportunities and aims to transform the B2B marketplace with authentic inquiries and real connections.
To address the latest approach, GlobalTradeAxis.com is set to revolutionize the B2B marketplace with authentic inquiries and real connections. Spearheaded by CEO Deepak Chaudhary, GlobalTradeAxis offers a visionary solution designed to transform the way buyers and sellers connect globally.
A vision born from real experience, Deepak Chaudhary, the CEO of Global Trade Axis, explains, “After exploring various marketplaces and listening to countless clients, one recurring issue became evident: businesses were inundated with generic inquiries that rarely turned into actual opportunities. We created Global Trade Axis to solve this problem by verifying every inquiry, removing junk leads, and ensuring urgent buyer needs are matched with the right sellers.”
Here are some features that stand out Global Trade Axis.com in the B2B marketplace, including:
- Authentic and Relevant Inquiries: Every inquiry on the platform is rigorously vetted to eliminate junk, ensuring businesses receive high-quality leads that are genuinely interested in their offerings.
- Instant Matches for Urgent Needs: GlobalTradeAxis uses smart algorithms to quickly connect buyers with sellers who can fulfill their urgent requirements, saving time and increasing efficiency.
- One Platform, All Solutions: From sourcing raw materials to expanding product reach, the platform offers a complete ecosystem for businesses to thrive.
- Client-Centric Innovation: By addressing real-world challenges faced by buyers and sellers, GlobalTradeAxis provides a solution that goes beyond being just another listing site.
By solving problems with one platform, Global Trade Axis’s vision is clear to create a platform that eliminates the inefficiencies and frustrations of traditional marketplaces. “We believe businesses deserve more than just a directory of contacts. They need a reliable partner that provides verified connections and real opportunities,” he said.
Whether they’re a buyer seeking reliable suppliers or a seller looking to expand their market reach, GlobalTradeAxis.com is their go-to solution for meaningful business connections. It’s time to move beyond the clutter of generic inquiries and embrace a smarter, more effective way to trade.
Visit GlobalTradeAxis.com today and discover the future of global B2B trading.
About Global Trade Axis:
GlobalTradeAxis is a leading B2B platform founded by Deepak Chaudhary with the vision of solving marketplace challenges through innovation. By combining verified inquiries with user-centric technology, the platform bridges the gap between buyers and sellers, creating a seamless global trading experience.
Company Name = Global Trade axis
Contact Person = Deepak Chaudhary
Contact Email = enquiry@globaltradeaxis.com
City = New Delhi
State = India
Website link: http://www.globaltradeaxis.com/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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