Finance World Magazine| Edition: April 2024
Amidst pressing global climate challenges, the UAE has emerged as a leader in sustainability, spearheading initiatives promising a greener future. At the forefront of this movement is the country's ambitious Net Zero 2050 initiative, which has garnered pledges from several companies. This month's edition of Finance World Magazine delves into the implications of the UAE's Net Zero 2050 initiative and its transformative effects on the financial landscape, echoing the country's dedication to sustainable development. The cover story highlights companies dedicated to the Net Zero by 2050 initiative, driving change across sectors with innovative strategies for carbon neutrality, reflecting their proactive leadership and impactful contributions to a sustainable future. Between these pages, readers can discover insights into Venkat Reddy's visionary approach behind klipit, the world's first eco-friendly, blockchain-based paperless receipt app. The edition highlights the significance of the UAE's pioneering Digital Asset Law and the newly introduced Biofuel Policy, assessing their implications and potential impact. Complementing the net zero initiatives the article, “Sustainable Living in Dubai: A Closer Look at ZāZEN Properties' Prescient Developments” deciphers the successful green developments by ZāZEN Properties. It also features Shahzad Ahmad, CEO of Ensure Events, sharing insights on his entrepreneurial journey fueled by childhood passion, navigating challenges and envisioning global music festivals and business expansion. 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.
Amidst pressing global climate challenges, the UAE has emerged as a leader in sustainability, spearheading initiatives promising a greener future. At the forefront of this movement is the country's ambitious Net Zero 2050 initiative, which has garnered pledges from several companies. This month's edition of Finance World Magazine delves into the implications of the UAE's Net Zero 2050 initiative and its transformative effects on the financial landscape, echoing the country's dedication to sustainable development.
The cover story highlights companies dedicated to the Net Zero by 2050 initiative, driving change across sectors with innovative strategies for carbon neutrality, reflecting their proactive leadership and impactful contributions to a sustainable future. Between these pages, readers can discover insights into Venkat Reddy's visionary approach behind klipit, the world's first eco-friendly, blockchain-based paperless receipt app.
The edition highlights the significance of the UAE's pioneering Digital Asset Law and the newly introduced Biofuel Policy, assessing their implications and potential impact. Complementing the net zero initiatives the article, “Sustainable Living in Dubai: A Closer Look at ZāZEN Properties' Prescient Developments” deciphers the successful green developments by ZāZEN Properties.
It also features Shahzad Ahmad, CEO of Ensure Events, sharing insights on his entrepreneurial journey fueled by childhood passion, navigating challenges and envisioning global music festivals and business expansion.
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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Event<br />
DUBAI FINTECH SUMMIT <strong>2024</strong><br />
The 2nd edition of Dubai FinTech<br />
Summit (DFS), held under the<br />
patronage of His Highness Sheikh<br />
Maktoum bin Mohammed bin Rashid Al<br />
Maktoum, First Deputy Ruler of Dubai,<br />
Deputy Prime Minister and Minister of<br />
<strong>Finance</strong> of the UAE and President of<br />
DIFC – will return at Madinat Jumeirah,<br />
Dubai, on 6-7 May <strong>2024</strong>.<br />
Dynamic Convergence<br />
The FinTech industry is characterised<br />
by rapid technological advancements<br />
and regulatory shifts. The Dubai FinTech<br />
Summit stands as a pivotal event for<br />
the future of the FinTech sector, driving<br />
innovation and fostering collaboration<br />
while promoting a culture of continuous<br />
learning and adaptation. It will serve<br />
as a key platform for stakeholders to<br />
exchange ideas and insights, showcase<br />
cutting-edge technologies, discuss and<br />
debate emerging regulatory frameworks,<br />
and forge strategic partnerships<br />
for building a more inclusive and<br />
resilient FinTech ecosystem.<br />
The first edition of the Dubai FinTech<br />
Summit, held on 8 and 9 May 2023, recorded<br />
a remarkable turnout of 5,300<br />
visitors from 92 countries. The Dubai<br />
FinTech Summit 2023 also set a global<br />
benchmark for the way enterprises<br />
and governments approach financial<br />
innovation. It brought 5000+, world-renowned<br />
thinkers, policymakers, and<br />
decision-makers from more than 90<br />
countries, consolidating Dubai as a<br />
rising FinTech hub.<br />
Organised by Dubai International<br />
Financial Centre (DIFC), one of the<br />
leading global financial centres in the<br />
MEASA region, the Dubai FinTech<br />
Summit will bring together an unprecedented<br />
gathering of over 8,000 decision-makers,<br />
300+ thought leaders and<br />
200+ exhibitors, signalling increased<br />
appetite for growth opportunities in<br />
the region. The summit is designed to<br />
encourage cross-border collaboration<br />
and innovation, pivotal to strengthening<br />
the global FinTech sector.<br />
Dubai FinTech Summit aligns<br />
D33 Agenda’s strategic goal of<br />
propelling Dubai into the ranks<br />
of the top four global financial<br />
hubs by 2033.”<br />
Fintech Frontier<br />
Dubai FinTech Summit signals a<br />
new wave of financial innovation, opportunity,<br />
transformation, and growth<br />
for the international financial services<br />
sector. As a rising FinTech hub, Dubai<br />
is also spearheading the evolution of<br />
the financial services industry, with<br />
investments in FinTech projected to<br />
grow by 17.2% CAGR to USD 949 billion<br />
from 2022 to 2030. The summit aligns<br />
with the Dubai Economic Agenda D33’s<br />
strategic goal of propelling Dubai into<br />
the ranks of the top four global financial<br />
hubs by 2033.<br />
The expanded programme of the<br />
Dubai FinTech Summit is set to exceed<br />
expectations by delving into key tracks,<br />
including the future of FinTech, embedded<br />
and Open <strong>Finance</strong>, climate finance,<br />
Web3 and digital assets. The summit<br />
stands as a thought leadership-driven<br />
platform, addressing industry challenges<br />
head-on and championing innovation.<br />
Event Agenda<br />
Exploring how traditional financial<br />
paradigms are being reimagined in the<br />
digital age, the summit will examine<br />
the evolving international financial<br />
landscape and its implications. Leading<br />
experts from across the globe will discuss<br />
innovations and challenges in the<br />
sector, as well as spotlight all things<br />
impacting the future of finance – from<br />
Web3, the Metaverse and blockchain to<br />
decentralised finance, regulation and<br />
policymaking, and the greater need<br />
for increased financial inclusivity. The<br />
focus will also be on the integration of<br />
environmental sustainability into financial<br />
strategies and products as much<br />
as it will be on the latest innovations.<br />
56 www.thefinanceworld.com <strong>April</strong> <strong>2024</strong>
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