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The Finance World Magazine| Edition: September 2023

The Middle East is currently experiencing a transformative era characterized by sustainability and governance, known as the Middle East's Green Renaissance. At the heart of this movement is the Environmental, Social, and Governance (ESG) framework, which is reshaping corporate success by placing a strong emphasis on transparency, accountability, and responsible global citizenship. ESG investing is reshaping financial markets, aligning financial gains with societal and environmental impacts. The Middle East has pledged significant net-zero commitments, underscoring its commitment to environmental stewardship. As the Middle East prepares to host COP28 in Dubai, it remains committed to sustainability. This edition explores the Middle East's ESG journey, from milestones to future horizons. This edition provides insightful perspectives across diverse sectors within the UAE. it provides insights on certain areas of focus, such as The Key to Mitigating Risks in Stock Market Portfolios, Cross-Border M&A: Challenges and Opportunities in Global Transactions, Risk Management Best Practices for Ensuring Business Continuity, Fintech Innovations Shaping the Future, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

The Middle East is currently experiencing a transformative era characterized by sustainability and governance, known as the Middle East's Green Renaissance. At the heart of this movement is the Environmental, Social, and Governance (ESG) framework, which is reshaping corporate success by placing a strong emphasis on transparency, accountability, and responsible global citizenship.

ESG investing is reshaping financial markets, aligning financial gains with societal and environmental impacts. The Middle East has pledged significant net-zero commitments, underscoring its commitment to environmental stewardship.

As the Middle East prepares to host COP28 in Dubai, it remains committed to sustainability. This edition explores the Middle East's ESG journey, from milestones to future horizons.

This edition provides insightful perspectives across diverse sectors within the UAE. it provides insights on certain areas of focus, such as The Key to Mitigating Risks in Stock Market Portfolios, Cross-Border M&A: Challenges and Opportunities in Global Transactions, Risk Management Best Practices for Ensuring Business Continuity, Fintech Innovations Shaping the Future, and many more articles that offer critical analysis and insights on current trends and issues in the business and investment domains.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Xpence<br />

At the forefront of innovative<br />

financial solutions stands<br />

Xpence, led by its visionary<br />

CEO, Saad Ansari. With an<br />

unwavering commitment to revolutionizing<br />

business spending practices,<br />

Xpence offers a groundbreaking<br />

platform that seamlessly integrates<br />

smart payment cards for freelancers,<br />

corporates, and every entrepreneurial<br />

endeavour in between. As a pioneering<br />

smart business spend platform,<br />

Xpence envisions a global landscape<br />

where launching and scaling businesses<br />

becomes effortless through<br />

its all-encompassing app. <strong>The</strong> essence<br />

of Xpence lies in its array of features<br />

meticulously designed to empower<br />

businesses worldwide. <strong>The</strong> platform’s<br />

smart Xpence cards redefine spending<br />

norms, enabling teams to make<br />

purchases both online and in-store<br />

with confidence while maintaining<br />

impeccable control over financial<br />

outflows. <strong>The</strong> Xpence account further<br />

transforms the business landscape by<br />

automating time-consuming bookkeeping<br />

tasks, granting entrepreneurs more<br />

time to nurture growth. A highlight<br />

of Xpence’s repertoire is its invoicing<br />

capability, allowing users to craft and<br />

track professional invoices on the go,<br />

expediting payment processes through<br />

online payment options. In the realm<br />

of team empowerment, Xpence cards<br />

prove to be a dynamic asset, equipping<br />

teams with the tools they need<br />

to drive efficiency and productivity.<br />

Additionally, Xpence’s virtual cards<br />

provide unparalleled control over<br />

online expenses, bolstering security<br />

while optimizing online spending practices.<br />

With an unwavering commitment<br />

to safeguarding data and finances,<br />

Xpence employs industry best practices<br />

to ensure the utmost security<br />

for businesses and their stakeholders.<br />

Saad Ansari,<br />

Co-Founder and CEO<br />

Bankiom<br />

Under the visionary leadership<br />

of Founder and CEO Danny<br />

Abla, Bankiom emerges as<br />

a beacon of transformative<br />

financial solutions. A trailblazer in the<br />

realm of finance, Bankiom reshapes the<br />

way individuals manage their money<br />

while seamlessly integrating the essence<br />

of the Passion Economy. Pioneering a<br />

financial revolution, Bankiom’s innovation<br />

lies in its holistic approach to financial<br />

management. Nestled in the heart of<br />

Dubai, UAE, this dynamic institution<br />

offers a suite of digital financial services<br />

that extend beyond the conventional.<br />

With a steadfast mission to enhance<br />

global financial well-being, Bankiom<br />

not only empowers users to take control<br />

of their finances but also enriches their<br />

lives with tailor-made experiences.<br />

Bankiom’s commitment to simplicity<br />

and user-centered design sets it apart. It<br />

goes beyond mere transactions, instilling<br />

a sense of financial security and peace<br />

of mind. Accessible virtually, Bankiom’s<br />

prepaid card options, including the<br />

versatile virtual visa card, redefine<br />

the shopping experience, transforming<br />

it into a stress-free endeavour. <strong>The</strong><br />

integration of real human support and<br />

co-creation furthers its distinctiveness,<br />

reflecting a genuine dedication to users’<br />

needs. From secure money transfers to<br />

budget planning, Bankiom’s multifaceted<br />

approach encompasses every aspect<br />

of financial well-being.<br />

By bridging the gap between finance<br />

and lifestyle, Bankiom’s digital prowess<br />

makes financial empowerment an<br />

integral part of daily living. Whether<br />

it’s a virtual card for seamless online<br />

payments or a comprehensive budget<br />

planner, Bankiom is reshaping financial<br />

journeys, one transaction at a time.<br />

Danny Abla,<br />

Founder and CEO<br />

<strong>September</strong> <strong>2023</strong> www.thefinanceworld.com 17

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