Latest news with #FinancialInclusion
Al Bawaba
6 hours ago
- Business
- Al Bawaba
In Line with Its Vision to 'Lead the Future', Orange Jordan Sponsors GWTS 2025 Summit
Orange Jordan sponsored the Global Women in Tech and Digital Transformation Summit (GWTS 2025), held under the patronage of H.E. Minister of Digital Economy and Entrepreneurship, Eng. Sami Smeirat, and attended by prominent leaders, experts, and pioneers from Jordan and the region. The sponsorship highlights Orange Jordan's commitment to its 'Lead the Future' vision and its sustainable strategy focused on digital inclusion, education, and entrepreneurship, driving innovation and a more inclusive digital future. The CEO of Orange Money, Eng. Heba Al-Sharif, highlighted Orange Jordan's role in offering innovative digital solutions that enhance financial inclusion and support women in tech. She emphasized the company's commitment to empowering women through accessible and secure digital financial services. Orange Jordan continues to harness the power of technology to empower diverse segments of society through forward-looking digital initiatives and impactful community programs. With a strong focus on youth, the company is committed to using its digital leadership to drive sustainable, positive change across the Jordanian community. It is worth noting that the summit serves as an international platform dedicated to empowering women in the technology sector and strengthening their presence and impact in fields such as AI, fintech, and entrepreneurship. By fostering knowledge exchange and building meaningful networks, the summit plays a vital role in promoting diversity across the global tech industry.
Zawya
2 days ago
- Business
- Zawya
In line with its vision to 'Lead the Future', Orange Jordan sponsors GWTS 2025 Summit
Orange Jordan sponsored the Global Women in Tech and Digital Transformation Summit (GWTS 2025), held under the patronage of H.E. Minister of Digital Economy and Entrepreneurship, Eng. Sami Smeirat, and attended by prominent leaders, experts, and pioneers from Jordan and the region. The sponsorship highlights Orange Jordan's commitment to its 'Lead the Future' vision and its sustainable strategy focused on digital inclusion, education, and entrepreneurship, driving innovation and a more inclusive digital future. The CEO of Orange Money, Eng. Heba Al-Sharif, highlighted Orange Jordan's role in offering innovative digital solutions that enhance financial inclusion and support women in tech. She emphasized the company's commitment to empowering women through accessible and secure digital financial services. Orange Jordan continues to harness the power of technology to empower diverse segments of society through forward-looking digital initiatives and impactful community programs. With a strong focus on youth, the company is committed to using its digital leadership to drive sustainable, positive change across the Jordanian community. It is worth noting that the summit serves as an international platform dedicated to empowering women in the technology sector and strengthening their presence and impact in fields such as AI, fintech, and entrepreneurship. By fostering knowledge exchange and building meaningful networks, the summit plays a vital role in promoting diversity across the global tech industry. To learn more, please visit our website: About Orange Jordan Orange Jordan, with over 1800 employees across nearly 300 shops and locations throughout Jordan, strives to provide the best customer experience through an integrated set of digital solutions including fixed lines, mobile lines, internet, data, and Smart Life Solutions to around 4.6 million customers in Jordan. Orange Jordan is a subsidiary of Orange Global Group, which is present in 26 countries worldwide. In line with the Group's strategy 'Lead the Future' and through its positioning as a true responsible digital leader, Orange Jordan supports the national digital transformation vision. Orange Jordan prioritizes community service, and in this context, it implements a comprehensive CSR strategy that revolves around 4 pillars including digital education, digital inclusion, entrepreneurship, climate, and environment. In addition to serving individual customers, Orange Jordan offers tailored solutions for businesses through its sub-brand, (Orange Business). To learn more, please visit our website: About Orange Orange is one of the world's leading telecommunications operators with revenues of 40.3 billion euros in 2024 and 127,000 employees worldwide at 31 December 2024, including 71,000 employees in France. The Group has a total customer base of 291 million customers worldwide at 31 December 2024, including 253 million mobile customers and 22 million fixed broadband customers. These figures account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries). Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan "Lead the Future", built on a new business model and guided by responsibility and efficiency. "Lead the Future" capitalizes on network excellence to reinforce Orange's leadership in service quality.
Zawya
5 days ago
- Business
- Zawya
TDB Group wins 2025 Bank of the Year at the African Banker Awards
Abidjan – Wednesday night in Abidjan, Côte d'Ivoire, on the margins of the 2025 Annual Meetings of the African Development Bank, prominent players in Africa's banking and financial industry gathered at the distinguished African Banker Awards' Gala Dinner – where several African development finance institutions were celebrated, alongside commercial banks and leading luminaries of the sector. It was with great appreciation and honor that the Trade and Development Bank Group (TDB Group) received the distinction of Africa's Bank of the Year – in recognition of the Bank's focus on inclusiveness, service innovation, customer satisfaction, and contributing to the continent's growth through a stronger financial sector. TDB Group distinguishes itself in the market through its innovative spirit and its ongoing dedication to reform and improvement. This is accomplished through institutional innovation and robust partnerships that enable it to effectively adapt to the context in which it operates. In 2024 in particular, TDB Group continued innovating its capital structure, introducing hybrid capital to continue crowding in more institutional investors in a suitable manner. Thanks to its deep understanding of market dynamics and the needs of its member states, TDB evolved into a Group, positioning itself to broaden its triple bottom-line impact, enhance its sustainability, and extend its reach to additional jurisdictions, more end beneficiaries, including more vulnerable end beneficiairies. The Trade and Development Banking Strategic Business Unit is the Group's development banking arm, which offers bilateral and syndicated short-term trade and long-term project finance which meaningfully contributes to the economic, social and environmental development of member states. Furthermore, through the Trade and Development Fund (TDF), the Group provides concessional financing to improve the terms of the financing to be deployed particularly towards public goods, technical assistance to address upstream challenges, as well as programme management which focuses on women empowerment, youth employment, MSMEs, and sustainable and responsible investments across different sectors. Also, TDB Group's asset management arm focuses on designing, originating, and growing stand-alone investment vehicles for a diverse range of investors and development partners. These vehicles which comprise specialised fund managers, funds and programmes are designed to meet the evolving needs and objectives of its diverse spectrum of stakeholders. TDB Captive Insurance Company (TCI) streamlines risk management across the Group, thus further enhancing its efficiency and sustainability. With TDB Academy, the capacity building arm of the Group, the Bank continues bolstering the capacity of its staff and of its stakeholders via training, seminars, conferences, and other human and institutional capacity development interventions. This boosts TDB Group's own sustainability, and strengthens the capacity of its stakeholders. This accolade highlights how the various pieces of the TDB Group mosaic are crafted and integrated, highlighting the remarkable agility with which these pieces seamlessly unite and synergize in this dynamic environment. About TDB Group Established in 1985, the Trade and Development Bank Group (TDB Group) is an African regional multilateral development bank, with a mandate to finance and foster trade, regional economic integration and sustainable development in Africa. TDB Group counts several subsidiaries and strategic business units including Trade and Development Banking, TDB Asset Management (TAM), the Trade and Development Fund (TDF), TDB Captive Insurance Company (TCI), the ESATAL fund management company and TDB Academy.
Zawya
20-05-2025
- Business
- Zawya
'19th Islamic Development Bank (IsDB) Global Forum on Islamic Finance' in Algiers Explores Digital Transformation and Financial Inclusion
The Islamic Development Bank Institute (IsDBI) ( successfully concluded the 19th IsDB Global Forum on Islamic Finance, held as part of the IsDB Group Annual Meetings in Algiers. The Forum, themed 'Digital Transformation and Financial Inclusion in Islamic Finance,' convened global thought leaders, policymakers, development experts, and industry stakeholders to explore innovative strategies for advancing sustainable development through Islamic finance. The opening session featured keynote speeches by prominent figures, including H.E. Dr. Muhammad Al Jasser, Chairman of the IsDB Group; H.E. Salah Eddine Taleb, Governor of the Bank of Algeria; and H.E. Mr. Nikolai Podguzov, Chairman of Eurasian Development Bank (EDB). Discussions centered on the transformative potential of fintech and Shariah-compliant financial tools in driving financial inclusion and sustainable growth. H.E. Dr. Muhammad Al Jasser emphasized that the integration of Islamic finance into the digital economy holds tremendous promises and can open new horizons to financial inclusion. 'To realize this potential, we must build the foundations: secure and reliable digital infrastructure, responsive governance frameworks, and institutions prepared to regulate with wisdom and foresight,' he stated. H.E. Mr. Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB), said: 'Central Asia is on the path of economic growth and inclusivity, where digital Islamic finance will play a key role. By leveraging technology, we can empower rural entrepreneurs, expand trade ties, and attract ethical investments. We are excited to share our views and goals for Central Asia at this forum and we will gladly continue developing our region together with our partners at the Islamic Development Bank.' The Forum also featured two major announcements: The 'Medikids Project' as the first-place winner of the 2025 IsDB Prize for Impactful Achievement in Islamic Economics, and the winners of the 'AI Hackathon in Islamic Finance,' showcasing the potential of AI-powered tools to propel the US$4+ trillion Islamic financial industry. H.E. Dr. Noureddine Ouadah, Minister of Knowledge Economy, Startups and Micro Enterprises, Algeria, delivered remarks about the AI Hackathon. A key report, The Future of Islamic Finance in Central Asia, was launched during the event, marking a joint initiative between IsDBI and EDB. Additionally, several landmark publications were announced for release after the Forum. The Forum included two panel discussions: The first panel explored the integration of digital Islamic finance with postal services to enhance financial inclusion. Moderated by Dr. Hilal Houssain of IsDBI, the panel featured Dr. Sami Al-Suwailem, Acting Director General, IsDBI; Dr. Mohammad Farrukh Raza, Group CEO of Islamic Finance Advisory&Assurance Services; and Dr. Ali Mohamed Bourouiba, Head of Innovation&Products Development at Al Salam Bank. The second session, titled 'Unleashing the Potential of Sukuk for Financing Sustainable Development,' examined the integration of Islamic finance principles into existing sustainable finance frameworks. Moderated by Mohammed Dawood, Head of Islamic finance, MENAT, HSBC, the panel featured Sheikh Prof. Dr. Mohamed Ali Elgari, Chairman of the IsDB Group Shariah Board; H.E. Dr. Zamir Iqbal, Vice President (Finance) and CFO, IsDB; Mrs. Sharifatul Hanizah Said Ali, Executive Director of the Securities Commission Malaysia; and Dr. Ghiath Shabsigh, Secretary General of the Islamic Financial Services Board. This year's IsDB Global Forum on Islamic Finance was jointly organized by IsDB Institute, Kuala Lumpur Center of Excellence, Resilience and Climate Action Department, and Treasury Department. Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).
Zawya
12-05-2025
- Business
- Zawya
19th Islamic Development Bank Global Forum to explore digital transformation and financial inclusion in Islamic Finance
Jeddah, Kingdom of Saudi Arabia - The Islamic Development Bank Institute (IsDBI) is pleased to announce the 19th edition of the IsDB Global Forum on Islamic Finance to be held in Algiers, Algeria, on 20 May 2025, in conjunction with the IsDB Group Annual Meetings. Organized annually as a flagship side event of the Annual Meetings, this year's Forum will bring together thought leaders, policymakers, financial experts, and other stakeholders in the Islamic finance industry to deliberate on innovative tools to foster sustainable development. Under the theme 'Digital Transformation and Financial Inclusion in Islamic Finance', this year's forum is jointly organized by IsDB Institute, Kuala Lumpur Center of Excellence, Resilience and Climate Action Department, and Treasury Department. The forum will have keynote speeches by H.E. Dr. Muhammad Al Jasser, Chairman of the IsDB Group; H.E. Salah Eddine Taleb, Governor of the Bank of Algeria; H.E. Mr. Nikolai Podguzov, Chairman of Eurasian Development Bank (EDB); and H.E. Dr. Noureddine Ouadah, Minister of Knowledge Economy, Startups and Micro Enterprises, Algeria. Subsequently, the Forum will have two sessions. The first is a panel discussion on leveraging the potential of postal services and digital Islamic finance tools. The panelists for this session will include Mr. Ihab Zaghloul, Program Manager of Financial Inclusion at the Universal Postal Union (UPU); Dr. Mohammad Farrukh Raza, Group CEO of Islamic Finance Advisory & Assurance Services (IFAAS); and Dr. Ali Mohamed Bourouiba, Head of Innovation & Products Development at Al Salam Bank. The panel will be moderated by Dr. Hilal Houssain, Associate Manager of Knowledge Solutions at IsDBI. The second session will showcase IsDB's leadership in sustainable finance and explore the integration of Islamic finance principles in existing sustainable finance frameworks. The discussants will include Sheikh Prof. Dr. Mohamed Ali Elgari, Chairman of the IsDB Group Shariah Board; Mrs. Sharifatul Hanizah Said Ali, Executive Director of the Securities Commission Malaysia; and Dr. Ghiath Shabsigh, Secretary General of the Islamic Financial Services Board. The session will be moderated by Dr. Zamir Iqbal, IsDB Vice President (Finance) and CFO. Additionally, the Forum will unveil two groundbreaking reports. The first, titled 'Islamic Finance in Central Asia', was developed in partnership with the Eurasian Development Bank. The second report, 'Islamic Microfinance Toolkit', is a collaborative effort with the IsDB Global Practice and Partnerships Directorate. The IsDB Global Forum on Islamic Finance is an annual high-level forum initiated in 2006 as a platform for strategic policy dialogue on knowledge and innovation in Islamic finance and development. About the Islamic Development Bank Institute The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide. The IsDB Institute enables economic development through pioneering research, human capital development, knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives.
