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The Finance World Magazine| Edition: November 2023

As COP28 unfolds, finance takes the spotlight, intricately linked to Climate Transition and Adaptation. This edition of The Finance World Magazine explores the finance-sustainability connection and the growing trend in the MENA region. In this edition, the focus lies on influential leaders from the UAE who are leaving a significant mark on sustainability. Employing a rigorous selection process, the cover story of this magazine highlights 10 UAE leaders who have substantially participated in sustainability efforts. Notable figures include Sultan Al Jaber, the president-designate of COP28, and Emirati Visionaries Razan Al Mubarak and Shamma Al Mazrui, who are appointed as ambassadors for COP28. Centred around sustainability and finance, this edition highlights different aspects of green initiatives surging in the Middle East, including the ESG revolutions in the fintech sector, green investments in luxury real estate across UAE, and the rise of sustainable tourism throughout the region. It also encompasses informative articles on "Leveraging Digital Assets and Blockchain for Achieving ESG Objectives," "Balancing Profit and Protection: Investing in Wildlife Sanctuaries," and much more. 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.

As COP28 unfolds, finance takes the spotlight, intricately linked to Climate Transition and Adaptation. This edition of The Finance World Magazine explores the finance-sustainability connection and the growing trend in the MENA region.

In this edition, the focus lies on influential leaders from the UAE who are leaving a significant mark on sustainability. Employing a rigorous selection process, the cover story of this magazine highlights 10 UAE leaders who have substantially participated in sustainability efforts. Notable figures include Sultan Al Jaber, the president-designate of COP28, and Emirati Visionaries Razan Al Mubarak and Shamma Al Mazrui, who are appointed as ambassadors for COP28.

Centred around sustainability and finance, this edition highlights different aspects of green initiatives surging in the Middle East, including the ESG revolutions in the fintech sector, green investments in luxury real estate across UAE, and the rise of sustainable tourism throughout the region. It also encompasses informative articles on "Leveraging Digital Assets and Blockchain for Achieving ESG Objectives," "Balancing Profit and Protection: Investing in Wildlife Sanctuaries," and much more.

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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Fintech Application<br />

AL MULLA EXCHANGE APP<br />

Al Mulla Exchange is a Kuwait-based<br />

application and is<br />

an integral part of the Al Mulla<br />

Group. It is recognised for its innovative<br />

approach. Back in 2018, it came<br />

forward as the first exchange company<br />

in Kuwait to launch a mobile remittance<br />

app. This app quickly gained<br />

popularity and became one of the most<br />

downloaded financial services apps in<br />

the Middle East.<br />

As of the latest available data, the<br />

application has garnered approximately<br />

340,000 downloads from app stores catering<br />

to Android, iPhone, and Huawei<br />

users. Notably, Al Mulla Exchange’s<br />

mobile Fintech service has enabled<br />

secure currency exchange transactions<br />

exceeding $1 billion.<br />

<strong>The</strong> app boasts a user-friendly interface,<br />

making it easy to use and navigate.<br />

With access to over 180 countries, it<br />

provides a global reach for sending<br />

money worldwide. Users can easily repeat<br />

previous transactions and transfer<br />

funds to multiple beneficiaries with a<br />

single payment. Transaction history and<br />

receipts can be viewed, downloaded,<br />

and shared directly from the app.<br />

<strong>The</strong> Al Mulla Exchange App offers a<br />

valuable feature: a currency exchange<br />

rate calculator. This tool empowers<br />

users to make informed decisions<br />

when sending money, ensuring that<br />

they get the best exchange rate available.<br />

Whether you’re sending money<br />

for personal or business reasons, this<br />

feature provides real-time exchange<br />

rate information, enabling users to<br />

maximise the value of their currency<br />

exchange transactions.<br />

In addition to its other features,<br />

the App offers a convenient foreign<br />

currency ordering service. This feature<br />

allows users to request specific foreign<br />

currencies and have them delivered<br />

right to their doorstep.<br />

<strong>The</strong> Al Mulla Exchange App also<br />

allows users to update their Civil ID<br />

information directly through the app. It<br />

offers live exchange rates for informed<br />

money transfers and provides an easy<br />

process for adding beneficiaries. Users<br />

can receive instant support through<br />

WhatsApp chat and calls for quick<br />

assistance.<br />

Users can also locate any of Al Mulla<br />

Exchange’s 112+ branches in Kuwait<br />

through the app. Multilingual support<br />

is available, with the app accessible<br />

in eight languages, including Arabic,<br />

English, Hindi, Tagalog, Telugu, Tamil,<br />

Malayalam, and Marathi.<br />

Furthermore, the Al Mulla Exchange<br />

App is available on both Google Play and<br />

the App Store, providing easy access<br />

for users to benefit from its wide range<br />

of features for efficient international<br />

money remittances.<br />

Availability: Google Play Store and<br />

Apple App Store<br />

Website: www.almullaexchange.com<br />

20 www.thefinanceworld.com <strong>November</strong> <strong>2023</strong>

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