SEED Group and 8topuz Announce Strategic Partnership to Develop Current Risk Management Tools for Trading in the UAE

The partnership promises the full adoption of an experienced 8topuz platform starting in Dubai, which is expected to lead to a massive 8topuz growth in the entire MENA region.

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 17, 2020 / SEED Group, a company owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, and 8topuz, a fast-growing artificial intelligence and machine learning provider consisting of trading and algorithmic systems, have forged a new partnership to provide a solution for any investor/trader looking for an automated trading solution in the United Arab Emirates (UAE).

topuzThis strategic partnership is expected to benefit from the booming artificial intelligence industry and innovative developments driven by the local UAE government with strong ambitions as seen through the Smart Dubai initiative and the Ministry of Artificial Intelligence.

Over the years, several fintech companies have sought to disrupt the forex market, but 8topuz has developed effective new tools by focusing on how Forex trading and artificial intelligence (AI) can be combined to minimize associated risks when trading various assets. The 8topuz, high-tech, AI-based forex trading algorithms provide real-time asset management and risk solutions that can be utilized by anyone.

“Our commitment to integrating the right blend of advanced technology with the human touch is key to the 8topuz ethos and our continued success.”

Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said “Without a doubt, the UAE is one of the hottest and most important markets for any FinTech company to have a business right now. This country embodies the mentality of continuous improvement and commitment to innovation, and there is nothing better than bringing in a company that shares the same spirit and vision. We are confident that this is a major step towards the global expansion of 8topuz, and we are thrilled to play a big role in this.”

topuz28topuz boasts fifteen years of software development expertise. Its product was initially tailored to retail investors, but as they moved forward, they adapted to the market in two different scenarios, 8topuz understood that it could also be a very useful risk management tool for banks and investment funds and other institutional clients. With its ability to adapt to any market scenario, 8topuz now caters to institutional clients, hedge funds, retail investors and banks, so that it can be either B2B or B2C.

The official signing ceremony was held at The Private Office of Sheikh Saeed bin Ahmed Al Maktoum in Dubai on 5 February 2020. The addition of 8topuz to the SEED Group portfolio is in line with the Private Office’s commitment to help deliver sustainable innovation from companies with unique products and solutions to the Middle East and North Africa (MENA) region.

About 8topuz

8topuz was founded as a result of a deep understanding of the FX market and the director’s interest in automating trading using advanced technology and AI.

Their software and technology is designed to allow investors a simple and profitable way to tap into a unique trading system developed to make the most out of well known trading conditions that require a high degree of automation to successfully manage associated risk factors, so with a touch of human intervention the 8topuz AI software ensures that anomalies are dealt with swiftly allowing steady and reliable growth in the short and long term.

About SEED Group

Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.

For more information, visit www.seedgroup.com.

8topuz Media Contact:

Anthony Munns
+44 203 695 3583
anthony@8topuz.com

SEED Group Media Contact:

Nomarie Jean Lacsamana
+971 4 373 5068
jean@seedgroup.com

SOURCE: 8topuz Consulting LLC 

‫اختيار بريميا بارتنرز فائزة كصندوق متداول في البورصة عالي الأداء في بورصة هونغ كونغ – جائزة الإيرادات الكلية لصندوق بريميا سي أس آي كيشن للاقتصاد الجديد مع بلوغ إيراداته 45.2% للعام 2019

هونغ كونغ، 17 شباط/فبراير، 2020 / بي آر نيوزواير / — يسر شركة بريميا، وهو صندوق مالي متداول في البورصة، الإعلان عن اختياره من قبل بورصة هونغ كونغ كفائزة بفئة أعلى صندوق متداول في البورصة أداء – إذ بلغت نسبة مجموع إيراداتها لصندوقها بريميا كيشين لصندوق الاقتصاد الجديد الصيني 45.2% خلال العام 2019.

Premia Partners selected as winner of HKEx Top Performing ETF -- Total Return Award for its Premia CSI Caixin China New Economy ETF with 45.2% return for 2019

 يتتبع صندوق  Premia CSI Caixin China New Economy ETF (Tickers: 3173 HK / 9173 HK)  مؤشر CSI Caixin Rayliant New Economic Engine، الذي استحوذ على حوالي 300 من شركات القطاع الاقتصادي الجديدة المدرجة في البر الرئيسي. ويعتبرالصندوق المتداول في البورصةالمكرر ماديا واحدا من أقل صناديق الاستثمار المتداولة في الصين من حيث الكلفة، حيث بلغت نسبة المصاريف الإجمالية 0.50٪ لكل عام.

 خلافًا لنهج رسملة السوق التقليدية، يتم اختيار الشركات استنادًا إلى عوامل أساسية مثل حجم الأصول غير الثابتة والعافية المالية وخصائص النمو. توفر المحفظة المتنوعة للمستثمرين نهجًا تجريبيًا ذكيًا متميزًا للمشاركة في النمو الهيكلي والتحول الاقتصادي في الصين، مع شركات ليس فقط في الإنترنت، ولكن أيضًا في مجال الرعاية الصحية والتكنولوجيا الحيوية والصيدلانية والطاقة الجديدة والأتمتة الصناعية والـ 5 جي والحوسبة السحابية وإنترنت الأشياء و قطاﻋﺎت اﻻﺳﺘﻬﻼك وﻏﻴﺮهﺎﻣﻦ اﻟﺪواﺋﺮ اﻻﻗﺘﺼﺎدﻳﺔ اﻟﺠﺪﻳﺪة اﻟﻤﻤﻜﻨﺔﻟﻠﺘﻜﻨﻮﻟﻮﺟﻴﺎ

وقالت ريبيكا شوا، الشريكة الإدارية في بريميا بارتنرز: “نحن ممتنون للغاية للاعتراف والدعم المستمر من قبل بورصة هونغ كونغ، وكذلك عملائنا وشركاء الأعمال في هذه الرحلة. لدينا شغف كبير بأسواقالصناديق المتداولة في البورصةالآسيوية ونتطلع إلى بناء أدوات أكثر كفاءة للمستثمرين للوصول إلى فرص النمو في آسيا.”

جوائز بورصة هونغ كونغ للصناديق المتداولة في البورصة  مكرسة للاعتراف بإنجازات أفضل الشركات أداءً في صناعة الصناديق المتداولة في البورصة  في هونغ كونغ. اعتبارًا من 14 شباط/فبراير 2020، كان لدى  بريميا بارتنرز التي احتفلت بالذكرى السنوية الثالثة لتأسيسها، 6 صناديق من صناديق الاستثمار المتداولة المدرجة في بورصة هونغ كونغ التي تغطي الصين، وآسيان الناشئة، وآسيا للتكنولوجيا المبتكرة، وفيتنام، والصنادق المعرض للخزانة الأميركية.

للاستفسار: +852 2950 5777
enquiries@premia-partners.com

حول بريميا بارتنرز

تأسست بريميا بارتنرز في هونغ كونغ في العام 2016، من قبل مجموعة من المتحمسين لصناعة الصناديق المتداولة في البورصة الذين يؤمنون بتمكين المستثمرين بأدوات استثمارية فعالة ورؤية مجال هائل للابتكار في صناعة الصناديق المتداولة في البورصة الآسيوية في آسيا ولآسيا – لأن هذا هو وطننا. لمزيد من المعلومات، يرجى زيارة www.premia-partners.com

الصورة – https://mma.prnewswire.com/media/1090592/Top_Performing_ETF.jpg

Absen Launches Venus LED Series at ISE 2020

SHENZHEN, China, Feb. 17, 2020 /PRNewswire/ — Leading global LED manufacturer Absen announced the launch of a new super-lightweight touring solution for rental stagers on the opening day of ISE (11-14 February 2020).

The Venus (VN) Series is an innovative LED display that has been specifically designed for concerts and festivals due to its ability to create super-sized screens at speed. The product features a highly unique integrated ‘module-on-frame’ design. By removing the sub-frame (cabinet frame), Venus is 27% lighter than competing solutions. In fact, at 27.5 kg/sqm, it is the lightest integrated touring display solution on the market, allowing creative teams to cut back on weight, save cost and build even bigger LED walls than before – up to 20 metres in height.

The VN Series has also been designed to save crews precious time. In an industry where there is increasing pressure put on rental stagers for set up times, Venus makes it far quicker to install thanks to its big cabinet size (1500 x 1000) and fast locking system. It is also easier to maintain and upgrade as the modules can be swiftly switched out without the need to take apart the frame structure.

The VN Series will be available in two standard sizes: 1,500mm (W) x 1,000mm (H) and 500mm x 1,000mm, in order to allow for fully customised options. It will be available in 3.9mm, 4.8mm and 8.3mm pixel pitch versions, boasting up to 5000 nits brightness. The VN Series also allows for concave and convex curving options for highly creative video wall designs; with horizontal free-adjustable variances of -10 to +10 degrees, allowing fixed positioning at -10°, -5°, 0°, +5° and +10°.

All Venus LED panels are fitted with carbon fibre pipes with special anti-slip coatings to ensure the safety of climbers, with additional safety hooks so riggers can secure themselves at every step of the building process. The VN’s easy locking system with big-sized handles are simple to use even with thick gloves on, with colour-coded lock/unlock markers and vertical auto-lock for an improved user experience. The product can be easily hung, stacked and transported, thanks to a 5-in-1 dolly system. Wind bracing is also available and can withstand gale force winds of up to level 8.

Abbas, Chancellor Merkel discuss over phone Palestinian rejection of US peace plan

President Mahmoud Abbas discussed in a telephone call with German Chancellor Angela Merkel, the Palestinian rejection of the US peace deal, and the opposition of the League of Arab States, the Organization of Islamic Cooperation, the African Union of this plan.

They also discussed European, Russian, Chinese and Japanese positions in support of international legitimacy and a two-state solution based on international terms of reference.

The President gave a detailed explanation of the alternative initiative that was put before the Security Council and that is approved by the majority of the countries of the world, which is to hold an international peace conference and establish an international multilateral mechanism.

He called on Germany to join this mechanism to sponsor negotiations on the basis of international legitimacy and the Arab Peace Initiative.

Abbas thanked Germany for its economic support, for building the state institutions and for its support to UNRWA, praising Germany’s adherence to international law and a two-state solution based on international terms of reference.

For her part, Merkel confirmed that Germany will continue to support peace based on vision of a two-state solution, and that Germany will continue its role to achieve that end.

Source: Palestinian News and Info Agency

Premier discusses political developments with British parliamentary delegation

Prime Minister Mohammed Shtayyeh received today, in his office in Ramallah, a British parliamentary delegation from the Conservative Party headed by Chairman of the Defense Committee in Parliament Tobias Elwood, where he briefed him on the latest political developments.

The map of Palestine as proposed in Donald Trump’s plan is a disastrous map reflecting a dismembered Palestinian state linked by bridges and tunnels which Israel can close whenever it wants, said the premier.

Shtayyeh called on the British Parliament and European parliaments who voted for the recognition of the Palestinian state to pressure their governments to do so, in order to protect the two-state solution and stand up for justice for the Palestinian people in light of the threat that Trump’s plan poses to international law.

He stressed the need to establish a mechanism to sponsor peace process, particularly after the United States lost its role as an honest broker of the peace process, and the need for terms of references on the basis of international law and UN resolutions and within a specific time frame to end the Israeli occupation of the Palestinian territories.

Source: Palestinian News & Info Agency

PEX Report: Index up at start of week’s trading

The ‘Al-Quds Index’ of the Palestine Exchange closed today’s trading at 534.49 points, up by 1.62 points (0.3%) compared to the last trading session, according to the PEX daily report.

A total of 140,280 shares were traded with a value of $295,945.129 executed during 98 transactions.

Shares of 18 companies were traded. The share price increased in eight companies whereas it decreased in three others.

Top five gainers: PEC by (5.77%), NCI by (3.30%), APIC by (1.15%), OOREDOO by (1.05%), and PADICO by (0.93%).

The decliners: PIBC by (-7.50%), AIB by (-2.96%), and BPC by (-1.89%).

Source: Palestinian News & Info Agency