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Finance World Magazine| Edition: October 2024

This month, we are pleased to present the October edition of Finance World Magazine, focusing on "Embracing the Future of Investment in the Middle East." Our cover story features Eng. Yaser Al Nuaimi, Acting Head of Infrastructure Partnerships at the Abu Dhabi Investment Office, highlights how the Public-Private Partnerships initiative is reshaping the investment landscape of the UAE. In this issue, we explore the integration of AI and personal finance, Dubai's strategic vision for FinTech and advancements made in the healthcare sector, followed by a special feature on "Finance in 2040" - a captivating time capsule of financial predictions.

This month, we are pleased to present the October edition of Finance World Magazine, focusing on "Embracing the Future of Investment in the Middle East."

Our cover story features Eng. Yaser Al Nuaimi, Acting Head of Infrastructure Partnerships at the Abu Dhabi Investment Office, highlights how the Public-Private Partnerships initiative is reshaping the investment landscape of the UAE.

In this issue, we explore the integration of AI and personal finance, Dubai's strategic vision for FinTech and advancements made in the healthcare sector, followed by a special feature on "Finance in 2040" - a captivating time capsule of financial predictions.

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Sports News<br />

Inaugural Dubai Sustainability in Sport Conference to Advance Agenda<br />

In partnership with the Dubai Sports<br />

Council, the ILT20 cricket team<br />

Desert Vipers will host the inaugural<br />

Dubai Sustainability in Sport Conference<br />

on November 6th at the SEE<br />

Institute, Sustainable City Dubai. This<br />

event aims to unite key sports entities<br />

in the UAE to promote sustainability<br />

within the sports sector. Owned by<br />

Lancer Capital, the Desert Vipers are<br />

committed to eco-conscious operations<br />

and carbon footprint transparency, setting<br />

a global standard for sports teams.<br />

As part of its <strong>2024</strong>-2033 strategic plan,<br />

the Dubai Sports Council is dedicated<br />

to enhancing sustainability through<br />

awareness campaigns and practical<br />

applications in sports venues. Designed<br />

in collaboration with the Desert Vipers,<br />

this invitation-only conference will<br />

become an annual gathering, reinforcing<br />

the commitment to sustainable<br />

sports practices and safeguarding the<br />

environment for future generations.<br />

RAK Properties<br />

Partners with Arabian<br />

Warrior for Obstacle<br />

Course Racing<br />

RAK Properties, Ras Al Khaimah’s<br />

leading publicly listed property<br />

developer, has partnered with<br />

Arabian Warrior to promote obstacle<br />

course racing in the region, a sport<br />

included in the 2028 Olympic Games.<br />

This collaboration establishes RAK<br />

Properties as the Title Partner for the<br />

Arabian Warrior Schools National<br />

Championship and Official Partner<br />

of the Arabian Warrior Middle East<br />

event series, focusing on high service<br />

standards and sustainability. A semi-permanent<br />

facility will be created at RAK<br />

Properties’ Mina Al Arab development<br />

to serve local schools and aspiring athletes,<br />

providing a world-class training<br />

ground for obstacle course racing. The<br />

Arabian Warrior will organise several<br />

events across the GCC, including the<br />

inaugural Arabian Warrior Schools<br />

National Championships in Ras Al<br />

Khaimah, engaging students in physical<br />

fitness and mental wellbeing.<br />

Emirates NBD Continues as Title Sponsor of<br />

Padel Tour <strong>2024</strong><br />

Emirates NBD, a prominent banking<br />

group in the MENAT region,<br />

has reaffirmed its commitment as<br />

the title sponsor of the Emirates NBD<br />

Padel Tour for the third consecutive<br />

year. Organised in partnership with<br />

The <strong>World</strong> Padel Academy (WPA), the<br />

tour will take place over nine months,<br />

featuring eight events across various<br />

categories, starting on 3 rd <strong>October</strong><br />

<strong>2024</strong>. Held in the UAE and Saudi Arabia,<br />

the tour welcomes players of all<br />

ages and skill levels. Winning teams<br />

can look forward to attractive prizes,<br />

including cash rewards at qualifiers<br />

and a total prize pool of AED 300,000<br />

for the season. Yousuf Saeed Mohd,<br />

Head of Priority Banking at Emirates<br />

NBD, expressed excitement about<br />

supporting the growth of sports in the<br />

UAE and promoting the rapid rise of<br />

padel in the region.<br />

NEOM Beach Games Expands with More<br />

Athletes and Sports<br />

The NEOM Beach Games will<br />

return for its third edition this<br />

November, showcasing an even<br />

more thrilling roster of athletes and<br />

events following a summer filled with<br />

Olympic excitement. Among the 1,000<br />

athletes, coaches, and team officials<br />

participating are Olympic gold medallists<br />

Cassandre Beaugrand and Alex<br />

Yee (triathletes), Worthy De Jong (3x3<br />

basketball), and Veddriq Leonardo (speed<br />

climbing). The competition will kick off<br />

on November 3, featuring six dynamic<br />

sports events. This year introduces the<br />

<strong>World</strong> Aquatics Open Water Swimming<br />

<strong>World</strong> Cup NEOM, which will host the<br />

world’s top open water swimmers in<br />

the Red Sea. NEOM is collaborating<br />

with sports rights-holders and National<br />

Federations to enhance grassroots<br />

initiatives, discover Saudi talent, and<br />

provide local athletes with opportunities<br />

for competition, reinforcing its<br />

commitment to athlete development<br />

in the Kingdom.<br />

68 www.thefinanceworld.com Oct <strong>2024</strong>

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