Latest news with #DBU
Mid East Info
05-05-2025
- Business
- Mid East Info
Awqaf Abu Dhabi Expands Global Endowment Strategy Through High-Level Engagements in Germany - Middle East Business News and Information
Abu Dhabi, UAE; May 2025: As part of its long-term strategy to strengthen global endowment collaboration and drive innovation in social investment, the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) has concluded a strategic mission to Germany. The visit marked a significant step in expanding partnerships with leading philanthropic institutions and endowment funds across Europe. Germany, with over €50 billion in endowment assets managed by thousands of charitable foundations, represents one of the world's most advanced ecosystems for philanthropic investment. These foundations balance prudent financial management with social innovation, making them a key knowledge hub for organisations like Awqaf Abu Dhabi seeking to enhance the impact, transparency, and sustainability of their own endowment portfolios. Led by His Excellency Fahad Abdulqader Al Qassim, Director General of Awqaf Abu Dhabi, the mission included high-level meetings with the Volkswagen Foundation, the German Federal Environmental Foundation (DBU), and the Robert Bosch Foundation, three of Germany's most influential philanthropic entities. 'Our mission to Germany reflects Awqaf Abu Dhabi's commitment to building global partnerships that drive innovation in endowment management and amplify impact,' said H.E. Al Qassim. 'By connecting with leading institutions, we are learning from their experiences, adopting best practices, and enhancing our financial sustainability and social investment capabilities. Endowments are powerful instruments for creating long-term value, socially, economically, and culturally, and through such global engagements, we are shaping more resilient and forward-thinking communities.' The mission began with a strategic briefing at the UAE Embassy in Berlin, where the delegation explored avenues for deeper UAE–Germany cooperation in the endowment and philanthropic sectors. This set the tone for a series of knowledge-exchange sessions with prominent German organisations. In Hannover, Awqaf Abu Dhabi engaged with the Volkswagen Foundation, the largest private research funder in Germany. Discussions explored governance structures, funding models, community impact initiatives, and the role of technology in data-driven philanthropy. The delegation also shared Awqaf Abu Dhabi's own strategic framework, highlighting its integrated approach to financial and social returns. At the DBU headquarters in Osnabrück, conversations focused on sustainable asset management and the foundation's support for environmental and circular economy projects. The visit also included a tour of DBU's facilities, offering a first-hand look at its operational ecosystem and measurable social outcomes. The mission concluded with a visit to the Robert Bosch Foundation, where the delegation explored impact-driven funding strategies, cross-sector collaborations, and the integration of digital tools to improve foundation effectiveness. With a diverse and expanding portfolio of income-generating assets, Awqaf Abu Dhabi adheres to international standards of wealth and impact management. The organisation remains committed to uplifting communities through targeted initiatives in education, healthcare, and social welfare, empowering future generations while advancing Abu Dhabi's vision for sustainable development and philanthropy-led innovation. About Awqaf Abu Dhabi: Established in May 2023, Awqaf Abu Dhabi promotes and develops the endowment sector by maximising social and financial impact across the community through developing investments and partnerships to meet values of sustainability. In addition to managing all endowment related processes, Awqaf Abu Dhabi manages the financial guardianship and development of wealth of minors, interdicted and others, contributing to greater financial and social inclusion. Awqaf Abu Dhabi aims to advance the culture of endowments, and organises events, conferences, and seminars centered on the management and investment of endowments and minors' funds. It also aims to reshape endowment practices at the Emirate level.
Al Etihad
05-05-2025
- Business
- Al Etihad
Awqaf Abu Dhabi enhances global endowment strategy following high-level visit to Germany
5 May 2025 14:37 ABU DHABI (ALETIHAD)As part of its long-term strategy to strengthen global endowment collaboration and drive innovation in social investment, the Endowments and Minors' Funds Authority (Awqaf Abu Dhabi) has concluded a strategic visit to Germany. The visit marked a significant step in expanding partnerships with leading philanthropic institutions and endowment funds across with over €50 billion in endowment assets managed by thousands of charitable foundations, represents one of the world's most advanced ecosystems for philanthropic investment. These foundations balance prudent financial management with social innovation, making them a key knowledge hub for organisations like Awqaf Abu Dhabi seeking to enhance the impact, transparency, and sustainability of their own endowment by His Excellency Fahad Abdulqader Al Qassim, Director General of Awqaf Abu Dhabi, the visit included high-level meetings with the Volkswagen Foundation, the German Federal Environmental Foundation (DBU), and the Robert Bosch Foundation, three of Germany's most influential philanthropic Excellency Al Qassim said, 'Our mission to Germany reflects Awqaf Abu Dhabi's commitment to building global partnerships that drive innovation in endowment management and amplify impact. By connecting with leading institutions, we are learning from their experiences, adopting best practices, and enhancing our financial sustainability and social investment capabilities. Endowments are powerful instruments for creating long-term value, socially, economically, and culturally, and through such global engagements, we are shaping more resilient and forward-thinking communities.'The mission began with a strategic briefing at the UAE Embassy in Berlin, where the delegation explored avenues for deeper UAE–Germany cooperation in the endowment and philanthropic sectors. This set the tone for a series of knowledge-exchange sessions with German Hannover, Awqaf Abu Dhabi engaged with the Volkswagen Foundation, the largest private research funder in Germany. Discussions explored governance structures, funding models, community impact initiatives, and the role of technology in data-driven philanthropy. The delegation also shared Awqaf Abu Dhabi's own strategic framework, highlighting its integrated approach to financial and social the DBU headquarters in Osnabrück, conversations focused on sustainable asset management and the foundation's support for environmental and circular economy projects. The visit also included a tour of DBU's facilities, offering a first-hand look at its operational ecosystem and measurable social mission concluded with a visit to the Robert Bosch Foundation, where the delegation explored impact-driven funding strategies, cross-sector collaborations, and the integration of digital tools to improve foundation a diverse and expanding portfolio of income-generating assets, Awqaf Abu Dhabi adheres to international standards of wealth and impact management. The organisation remains committed to uplifting communities through targeted initiatives in education, healthcare, and social welfare, empowering future generations while advancing Abu Dhabi's vision for sustainable development and philanthropy-led innovation.
Yahoo
29-01-2025
- Business
- Yahoo
EdgeTI Recognized in the 2024 Gartner(R) Emerging Tech: The Future of Digital Business Units
EdgeTI Enables Digital Business Units to Differentiate and Drive Efficiency and Growth in Use of Digital Twins Arlington, Virginia--(Newsfile Corp. - January 29, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company was Recognized in the Gartner Emerging Tech: The Future of Digital Business Units (DBU) as a Sample tech provider supporting DBUs. In the research paper, Gartner states, "We define 'digital business units' as part of an enterprise that is not a traditional technology and service provider (TSP) and creates a new digital-based business that serves its traditional vertical industry (manufacturing or healthcare) or domain arena (supply chain and logistics). The digital business unit will often partner as well as compete with traditional TSPs." "We were pleased to be recognized in this report as a tech provider supporting digital business units. Our partner, North Wind Group, was recognized as a sample enterprise with DBUs. North Wind Group uses its expertise in environmental, reclamation, and construction services with our edgeCore™ platform," said Jim Barrett, CEO of edgeTI. According to Gartner, "Traditional enterprises in manufacturing, finance, and oil and gas are investing in creating separate digital business units (DBUs) to drive revenue and take advantage of their vertical domain expertise and digital technology to better serve customers. They need tech provider product leaders to help them with digital technologies." The Future of Digital Business Units To view an enhanced version of this graphic, please visit: "Relationships among customers and providers can change quickly when friction is removed throughout the customer lifecycles –DBUs have a compelling opportunity to deliver its domain expertise to remove risk and accelerate value," said Jim Barrett, CEO of edgeTI. "We appreciate Gartner for putting forward-looking concepts such as the one above in the report." edgeTI offers demonstrations and free evaluations of technology for Digital Business Units via the Company's website to prospective enterprises. Gartner Attribution and Objectivity DisclaimerGartner, Emerging Tech: The Future of Digital Business Units, 2024, Alfonso Velosa, Chrissy Healey, John Santoro, et al., 22 October is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About edgeTIedgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applications and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations – helping them achieve the impossible. Website: LinkedIn: YouTube: X: For more information, please contact:Nick Brigman, Analyst and Press RelationsPhone: 888-771-3343 Email: ir@ Forward-Looking Information and Statements Certain statements in this news release are forward-looking statements or information for the purposes of applicable Canadian and US securities law. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
