Dubai, UAE, 7th May 2024, ZEX PR WIRE, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), today met with global policymakers and financial industry leaders on the sidelines of the second Dubai FinTech Summit (DFS).

Influential decision makers that HH Sheikh Maktoum engaged with included Adena T Friedman, Chair and CEO of Nasdaq; Oh Se-Hoon, Mayor of Seoul, South Korea; Nic Dreckman, Group CEO of Julius Baer; and Nik Storonsky, Founder and CEO of Revolut.

The two-day Dubai FinTech Summit, organised by DIFC, the leading global financial centre in the MEASA region, opened today, bringing together over 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges and showcase cutting-edge technologies.

His Highness’s engagements focused on various areas including exchange of expertise in FinTech innovation, urban infrastructure development, and new capital market, wealth management and FinTech opportunities emerging as a result of Dubai’s new policies and initiatives.

HH Sheikh Maktoum’s meeting with Adena T Friedman, Chair and CEO of Nasdaq, one of the world’s largest stock exchanges, explored stronger ties between Dubai’s financial ecosystem and Nasdaq.

His Highness highlighted Dubai’s strategic initiatives to enhance the total volume of its stock markets to AED3 trillion and deepen its capital market ecosystem, making it a key destination for investors from across the world. Collaboration with global players like Nasdaq is vital to Dubai’s strategic efforts to advance investment growth and foster technology innovation in financial services, he added.

HH Sheikh Maktoum further said that Dubai’s long-standing partnership with Nasdaq has supported it in forging new pathways for excellence in the financial sector, and raising its status as a leading international financial centre.

Friedman commended Dubai’s progressive approach and expressed Nasdaq’s interest in exploring opportunities for collaboration in areas such as capital market development, and regulatory innovation.

His Highness’s meeting with Oh Se-hoon, Mayor of Seoul, explored avenues of collaboration between Dubai and Seoul, particularly in the areas of urban infrastructure development, technology, and innovation. Sheikh Maktoum emphasised Dubai’s commitment to fostering partnerships with leading global cities like Seoul, with the aim of exchanging expertise and best practices to drive sustainable growth and prosperity. He noted that both cities share many complementarities in their development journeys and the growth of their financial industries, which can be tapped to advance mutual growth.

Mayor Oh Se-hoon expressed his appreciation for Dubai’s leadership in various sectors and expressed keen interest in sharing experiences in the FinTech sector, to support the sustained development of their economies.

HH Sheikh Maktoum also met with Nic Dreckmann, Group CEO of Julius Baer, a leading global player in the private banking industry, and Nikolay Storonsky, Founder and CEO of Revolut, an international neobank and financial technology company.

His Highness expressed Dubai’s commitment to creating a conducive environment for wealth management, investment and financial technology excellence, highlighting the city’s strategic initiatives to attract high-net-worth individuals, family offices and innovative FinTech companies. Dreckmann and Storonsky commended Dubai’s exceptional growth over the last decade as a global financial hub and expressed their companies’ interest in expanding their presence in the region, and leveraging Dubai’s advanced infrastructure and investor-friendly policies to serve their clients effectively.

With a presence in over 60 locations worldwide, including the Dubai International Financial Centre, Julius Baer is one of the globe’s leading providers of wealth management solutions. With assets under management worth CHF427 billion at the end of 2023, Julius Baer is the world’s largest pure-play private bank.

Revolut is a global neobank and financial technology company that offers banking services for retail customers and businesses. The company serves 40 million personal customers and 500,000 business customers in over 150 countries and regions.

In line with the goal of the Dubai Economic Agenda D33 to establish Dubai as one of the world’s top four global financial hubs by 2033, the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, which are pivotal to transforming the global FinTech sector. The event presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

The meetings were attended by His Excellency Essa Kazim, Governor of DIFC; Arif Amiri, Chief Executive Officer of DIFC Authority; and Mohammad Alblooshi, CEO of DIFC Innovation Hub.

San Francisco, CA, 7th May 2024, ZEX PR WIRE, Composabl’s ex-Microsoft founding team launches a breakthrough No-Code UI platform that enables engineers to directly teach AI agents to work alongside them in real-world settings and infuse operator expertise. Unlike existing manufacturing automation solutions, Composabl agents can make decisions based on perception, much like a human would, and reliably manage complex operations, such as robotics, drones, and a diverse range of industrial machinery.    

The No-Code UI empowers users to create sophisticated Autonomous Agents from simple prompts, akin to designing a co-pilot—but unlike chatbots that use Large Language Models (LLM) to create a paragraph or a picture, Composabl uses LLM to create skills and goals for a decision-making agent that can control equipment and processes in real-time. The engineer has the ability to modify these skills, import machine learning models, and employ a vast array of countless algorithms as building blocks to build and train their agent. 

The current customer base includes two Fortune 500 companies and other recognizable brands actively building agents on the Composabl platform. It is no wonder that industrial technology VC, Momenta, led the $4.25 million Series Seed funding round and that round also saw participation from Ridgeline, Exposition Ventures, and Hannah Grey VC.

With this funding comes three newly appointed advisors: Rockwell Automation’s VP of Autonomy and AI, Jordan Reynolds, AI Strategist and author of Autonomous Transformation, Brian Evergreen, and IOT expert, serial entrepreneur, and technical CTO, Rick Bullotta. These appointments solidify Composabl’s position as an industry frontrunner.

Additionally, industry giants like RoviSys, a billion-dollar systems integrator and official Composabl partner expressed:

“At RoviSys, Autonomous AI is a key focus of our Industrial practice and we have not found a platform that delivers Autonomous AI better than Composabl. We believe that we are at an inflection point in the history of manufacturing, and Autonomous AI will propel us into the next stage. We’re using this technology to solve the unsolvable problems in industry and for our customers. We’re excited to be at the forefront of innovation, alongside our partner Composabl, pushing boundaries and driving real change,” said Bryan DeBois, RoviSys Director of Autonomous AI.

Commenting on the Series Seed round, Founder and CEO of Composabl, Kence Anderson, expressed gratitude for the support and excitement for the future. “This investment propels us forward in our mission to revolutionize industrial automation,” Anderson said. “Our goal is to empower 100M engineers in industry with low code tools and intelligent building blocks.”

About Composabl

Composabl, a SF-based startup founded by ex-Microsoft engineers and led by Kence Anderson, offers an unrivaled platform that elevates and empowers the 100M engineers in industry to build production-ready AI with a No-Code tool kit of intelligent software building blocks. The Intelligent Agents built on this platform learn to solve nuanced, fuzzy, real-world problems that supersede the capabilities of existing manufacturing floor automation.

About Momenta

Momenta is a team of Venture industrialists, veteran industrial practitioners, operators, and investors at the intersection of critical industries and digital technologies. Where IT meets OT, and Digital meets Industry, Momenta’s team has been working at, with, and for the industry leaders, innovators, and disruptors.

Dubai, UAE, 7th May 2024, ZEX PR WIRE, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance of the UAE and President of DIFC, today opened the second edition of the Dubai FinTech Summit, which is being held at Madinat Jumeirah, Dubai under the theme ‘Pioneering FinTech’s Future’.

Organised by the Dubai International Financial Centre (DIFC), the leading global Financial Centre in the Middle East, Africa and South Asia (MEASA) region, this year’s Dubai FinTech Summit brings together more than 8,000 industry leaders from over 100 countries.

Commenting on the occasion, HH Sheikh Maktoum bin Mohammed said: “Dubai today has the ideal infrastructure and legislation to become the world’s global FinTech hub. The city provides a unique environment for FinTech companies to leverage new growth opportunities in this rapidly growing sector. We have created a dynamic ecosystem for the FinTech industry to thrive, in line with the goal of the Dubai Economic Agenda D33 to establish the emirate as one of the top four financial centres worldwide.”

His Highness added that the second edition of the Dubai FinTech Summit highlights the ongoing transformation of the technology-led financial sector, and the urgent need to focus on innovation, financial inclusion, and the impact of sustainability as a way of life. “Through collaboration and partnerships between banks, financial technology companies, and financial services application platforms, Dubai is poised to lead the future of this dynamic sector. By focusing on customer and investor-centric financial and banking services, this will pave the way for significant advancements in the future,” Sheikh Maktoum said.

His Highness added: “The summit will foster rich discussions on the evolving landscape of finance, driven by the transformative forces of artificial intelligence, digital currencies, and innovative technology. Together with industry leaders, we look forward to exploring the positive impact and opportunities inherent in the use of artificial intelligence in financial services, the growing world of digital currencies and blockchain technology. With its progressive policies, innovative regulations and advanced infrastructure, there is no limit to what Dubai can accomplish in the sector.”
During his visit, His Highness Sheikh Maktoum attended the opening session of the summit and met with several global leaders in tech, finance and regulatory reform.
His Excellency Essa Kazim, Governor at DIFC, said: “DIFC has become a major engine of growth for Dubai’s economy and a significant contributor to its GDP. Its accelerated growth trajectory is perfectly aligned with the goals of the Dubai Economic Agenda, D33 to double the size of Dubai’s economy over the next decade and reinforce its status as one of the world’s top three cities for business and investment. DIFC’s unprecedented growth over the last 20 years consolidates Dubai’s status as the MEASA region’s foremost contributor to the global financial services industry.”

He added, “Through strategic initiatives, we seek to provide a dynamic environment for innovation and enterprise to flourish. Dubai and DIFC have invested heavily in its FinTech ecosystem by creating a supportive and agile regulatory framework, and by providing access to funding, sand-box environments and state-of-the-art infrastructure for start-ups and established companies alike. The Dubai FinTech Summit also presents a unique opportunity for collaboration between traditional financial institutions and FinTech firms, especially with rapid AI advancements driving innovation within the sector.”

The Dubai FinTech Summit offers the perfect platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond. The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth $15.5 billion, according to data by dealroom.co.
Arif Amiri, Chief Executive Officer at DIFC Authority, said: “DIFC offers a thriving business environment where technology meets opportunity, enabling FinTech companies to excel and expand on a global scale. By fostering robust partnerships and facilitating cross-border collaboration, we are setting new standards for financial excellence.

The Dubai FinTech Summit exemplifies this commitment by bringing together industry leaders, innovators, and policymakers from around the world to discuss the future of finance. The platform not only highlights Dubai’s central role in the global financial ecosystem but also demonstrates our position as a catalyst for economic growth and technological advancement in the MEASA region and beyond.”

Investments in FinTech, projected to grow by 17.2% CAGR to $949 billion from 2022 to 2030, are further accelerating the ongoing pace of FinTech innovation globally and in Dubai, which offers access to high-growth emerging markets in the Middle East and North Africa (MENA), Western Europe, Asia and Africa.

The second edition of the Dubai FinTech Summit is taking place at an unprecedented scale for an event focused purely on FinTech. In line with D33 to position Dubai as the top four global financial hub by 2033, the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

With a strong line-up of distinguished local and international speakers in attendance during the two-day summit, the Dubai FinTech Summit promises engaging and thought-provoking panel discussions and fireside chats. Delegates will access key insights from His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy; His Excellency Fahad M. Alturki, Director General and Chairman of the Board of the Arab Monetary Fund; His Excellency Helal Saeed Al Marri, Director General of Dubai Department of Economy and Tourism; and His Excellency Faisal Belhoul, Vice Chairman of the Dubai Chamber and Chairman of J&F Holding.

Adena T. Friedman, Chair and Chief Executive Officer of Nasdaq; Nic Dreckmann, Chief Executive Officer of Bank Julius Baer; Yie-Hsin Hung, President and Chief Executive Officer of State Street Global Advisors; along with many other global industry leaders will also bring their perspectives on the future of FinTech.

Day one of the Dubai FinTech Summit saw insightful debates on the topics of ‘Regulation and Policymaking’; ‘Crypto Payments’; ‘Embedded and Open Finance’; ‘AI and the Future of Finance’; ‘VC, Entrepreneurship and Beyond’; ‘Corporate Finance’; ‘Financial Inclusion and Consumer Protection’; and more.

Day two promises equally vibrant discussions with opening remarks by Arif Amiri, Chief Executive Officer of DIFC Authority, followed by high profile fireside chats with global industry leaders including sessions on ‘High Interest Rates and Macroeconomic Volatility’; ‘Institutional Adoption and Regulatory Clarity – Crypto’s Path Forward’; ‘D33- A Decade of Economic Transformation’ and more. View the full agenda here.

The second edition of the Dubai FinTech Summit is supported by over 150 global corporate partners, with Visa as founding partner and co-host; Emirates NBD as founding partner and premium banking sponsor; e& as founding partner and ‘powered by’ sponsor; and Commercial Bank of Dubai as founding partner and strategic banking sponsor.

New York City, New York May 7, 2024 (Issuewire.com) – In a thought-provoking new book, Dr. Dorris S. Woods delves into the critical and timely topic of reproductive rights and the recent overturning of Roe V. Wade. Titled “Abortion and the Senseless Assault on Reproductive Rights” this book challenges the Gross Judicial ignorance, willful arrogance, and lack of court ethics that have led to a tumultuous period for women’s rights in America.

With the potential long-term and indelible consequences of the overturning of Roe V. Wade looming over American society, Dr. Woods presents a compelling argument against the unnecessary “fixing” of a system that was working effectively. She highlights the chaos, confusion, inconvenience, and trauma that women seeking abortions have had to endure as a result of this decision.

One of the key points addressed in the book is the importance of allowing medical decisions to remain in the hands of physicians, particularly when the viability of the embryo necessitates an abortion. Dr. Woods passionately argues that this shift in power is a dangerous precedent that must be challenged.

Furthermore, “Abortion and the Senseless Assault on Reproductive Rights” sheds light on the issue of poor ethics within the Supreme Court and how arrogance played a role in the decision to overturn Roe V. Wade. Dr. Woods calls for a reevaluation of the ethical standards upheld by the highest court in the land to ensure that justice and fairness prevail.

This book is a must-read for anyone interested in understanding the complexities of reproductive rights, the implications of recent judicial decisions, and the urgent need to protect women’s access to safe and legal abortion. Dr. Dorris S. Woods offers a compelling and insightful analysis that will spark important conversations and inspire action.

“Abortion and the Senseless Assault on Reproductive Rights” is now available for purchase at leading bookstores nationwide. You may purchase the book here.

For more information or to schedule an interview with Dr. Dorris S. Woods, please contact The Literary Firm at www.theliteraryfirm.com

ABOUT THE AUTHOR

Dorris Woods is a native of Mississippi. After graduating at the top of her high school class, she left to go to work in Des Moines, Iowa. Her family did not have money for college.

After working for about a year, her break came when cousin Carrie told her about a nursing school in Atlanta, Georgia. She applied and was accepted to the Grady Memorial Hospital School of Nursing. She likes the quote: “Atlanta Can’t Live Without Grady”.

Dr. Woods began her career as a pediatric charge nurse at Grady. After completing state board exams, she went to work at Children’s Hospital in Chicago in Nursing Administration. She left after two years to attend Indiana University in Bloomington, where she earned a Bachelor of Science degree in nursing/psychology. It was another recommendation by Cousin Carrie. She left Indiana and married her husband, Burton in California.

Since that time, she has earned a second Bachelor of Science degree in psychology from NYU, a Master’s degree in Counseling at Cal State University, a double Master’s degree at UCLA, one in pediatrics/administration, the other in mental health. She later earned a doctorate from Claremont Graduate University. Post-doctoral work was completed at UCLA. She “loves the classroom”. She ranks at the eight-eight percentile of people educated in America.

Dr. Woods began her writing with the book, Breaking Point: Fighting to End American’s Teenage Suicide Epidemic! which was based on her doctoral dissertation research. She has written many articles on the topic and conducted workshops. Her second book, How to Prevent Diabetesa”I Beat it and You Can, Too! was written to inform a large public unsuspecting of the problems and a solution. Her third book, also written in the public interest, was motivated by the egregious act of overturning Roe v. Wade which has caused undue trauma to women and taken medical decisions out of the hands of physicians.

Dr. Woods is a widow. She is the mother of three children and lives in Culver City, California.