09.10.2024 Views

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.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Gosu Academy Expands to UAE to Enhance Esports Growth<br />

Gosu Academy, a leader in esports<br />

coaching and education, has<br />

announced its expansion into<br />

the UAE. This move coincides with<br />

the gaming industry’s expected contribution<br />

of over $1B to Dubai’s GDP by<br />

2033 and the creation of an estimated<br />

30,000 jobs. The expansion supports<br />

Gosu Academy’s mission to empower<br />

individuals through quality education<br />

in gaming and esports, aligning with<br />

the UAE’s vision of becoming a global<br />

esports hub. Founded by professionals<br />

with over twenty years of experience,<br />

Gosu Academy initially launched in<br />

the US and Europe before moving into<br />

Asia. The academy aims to capitalise on<br />

the UAE’s vibrant gaming community<br />

and existing esports initiatives, having<br />

previously established a presence in the<br />

Middle East, including Saudi Arabia.<br />

Training over 14,000 students globally,<br />

this expansion is a significant step in<br />

Gosu Academy’s growth strategy.<br />

Blockchain Sports and<br />

Jossor Sign MoU for<br />

$3.3B Complex<br />

Blockchain Sports Ecosystem,<br />

a UK-based tech firm led by<br />

Founder Dmitry Saksonov, has<br />

signed a Memorandum of Understanding<br />

(MoU) with Saudi Arabia’s Alpha<br />

Jossor Investments, represented by<br />

Chairman Abdulrahman Al-Qarni.<br />

This partnership aims to develop one<br />

of MENA’s largest innovative sports<br />

complexes, incorporating advanced<br />

technologies and attracting $3.3B in<br />

direct investments into the sports<br />

and entertainment sectors. Notable<br />

football stars Kevin Kuranyi, Jay-Jay<br />

Okocha, Mikael Silvestre, and Jens<br />

Lehmann attended the signing ceremony<br />

in Riyadh. The project will feature<br />

a state-of-the-art football academy and<br />

a smart sports city concept, enhancing<br />

tourism and foreign investment in<br />

preparation for global sports events.<br />

Additionally, the MoU encompasses a<br />

digital real estate platform for property<br />

transactions, including 1,500 villas<br />

and 3,330 apartments, promoting sustainable<br />

urban living under the smart<br />

city initiative.<br />

Dubai Duty Free Sponsors Inaugural Dubai Premier<br />

Padel P1<br />

Gallop Global has announced<br />

that Dubai Duty Free will be<br />

an Official Sponsor of the<br />

inaugural Dubai Premier Padel P1<br />

tournament, scheduled for November<br />

3-10 at the Dubai Duty Free Tennis<br />

Stadium in Garhoud. This sponsorship<br />

aligns the new padel tournament with<br />

a well-established local brand known<br />

for its extensive experience in sports<br />

and retail, enhancing Dubai’s status<br />

as a premier venue for international<br />

ADNEC Group has celebrated a<br />

significant achievement with Abu<br />

Dhabi Summer Sports (ADSS) and<br />

Al Ain Summer Sports (AASS) welcoming<br />

their 100,000th visitor this summer,<br />

highlighting the events’ success in fostering<br />

an active community in the UAE<br />

capital. Now in their third and second<br />

editions, respectively, these events have<br />

become key summer attractions, offering<br />

unparalleled opportunities for fitness<br />

and engagement. Organised by Capital<br />

360 Event Experiences, in collaboration<br />

with the Abu Dhabi Sports Council, this<br />

year’s events featured a wider variety<br />

of activities, including new sports like<br />

action cricket and tennis. The addition<br />

of a Community Village enhanced social<br />

interaction, while a new wellness<br />

sporting events. As part of the unified<br />

Premier Padel tour, which features<br />

25 events across five continents, the<br />

tournament will offer a prize pool of<br />

(AED 1.89M) and will attract the top<br />

male and female players. Ivan Modia,<br />

Tournament Director, emphasised<br />

the significance of this partnership in<br />

establishing the event’s global prominence<br />

and delivering an exceptional<br />

experience for fans and competitors.<br />

Abu Dhabi Summer Sports Hits 100,000 Visitors<br />

programme offered tailored training and<br />

mindfulness practices. The Kids Summer<br />

Camp promotes healthy lifestyles through<br />

diverse activities, ensuring enjoyment<br />

for all ages and fitness levels.<br />

Oct <strong>2024</strong> www.thefinanceworld.com 69

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!