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Al Fahim Group expands automotive portfolio with Roewe partnership
Al Fahim Group expands automotive portfolio with Roewe partnership

Khaleej Times

time25-06-2025

  • Automotive
  • Khaleej Times

Al Fahim Group expands automotive portfolio with Roewe partnership

Al Fahim Group has announced the addition of Roewe, a renowned Chinese automotive brand under SAIC, to its growing automotive portfolio. SAIC (Shanghai Automotive Industry Corporation), one of China's leading automotive manufacturers, further cemented its global leadership by securing the 93rd position on the Fortune Global 500 list in August 2024. Roewe, positioned in the mid-to-premium market segment, offers an extensive range of vehicles — including sedans, SUVs, hybrids, and electric vehicles (EVs). The brand caters to diverse consumer needs with multiple fuel options, such as petrol, internal combustion engine (ICE), dual-mode hybrid (DMH), and fully electric (EV) variants. To commemorate this significant milestone, a signing ceremony was held on June 3, at the Consulate General of the UAE in Shanghai, China. The event was hosted by SAIC, Shanghai Silverstones Automotive Service Co., Ltd., and Al Fahim Group, and was graced by the presence of Muhannad Al Naqbi, consul-general of the UAE in Shanghai. The ceremony was attended by several distinguished representatives from the participating organisations. From Al Fahim Group, the esteemed attendees included Ahmed AJ Al Fahim, chairman; Sampath Kumar, advisor to the chairman; and Monzer Al Rifai, advisor to the chairman. SAIC was represented by Chen, general manager of SMPV. Representing Shanghai Silverstones Automotive Service Co., Ltd. were Zhangwen, general manager, and Zhangliang, managing director for the MENA region.

UAE Ministry of Finance hosts awareness session for Emirati students in China
UAE Ministry of Finance hosts awareness session for Emirati students in China

Zawya

time10-06-2025

  • Business
  • Zawya

UAE Ministry of Finance hosts awareness session for Emirati students in China

In a step that reflects the UAE's commitment to expanding the presence of its national talent in international financial institutions Shanghai: The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as part of the ' UAE Global Cadres ' initiative. Held at the New Development Bank's headquarters in Shanghai, the session aimed to explore recruitment and training mechanisms in multilateral organisations, as well as pathways to build a career in the international financial sector. Attendees included H.E. Muhannad Sulaiman Al Naqbi, Consul General of the UAE in Shanghai; Thuraiya Hamid Alhashmi, Director of International Financial Relations and Organisations Department at MoF and Board Member of the New Development Bank; and Qiangwu Zhou, Vice-President and CAO of the New Development Bank, as well as other senior bank officials. The event is part of the UAE's commitment to expanding the presence of its national talent in the global financial arena and increasing awareness among Emirati students about career opportunities within international financial institutions. Stimulate national talent Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry of Finance, said: 'The Ministry is committed to creating an interactive environment that brings together young Emirati talent with influential international organisations to stimulate national talent and enable them to explore career opportunities in the global financial sector.' 'Such meetings offer a direct window into the realities of working in multilateral organisations and give students the opportunity to learn from real-life experiences and discover promising career paths.' Sharafi added, 'We believe that building a strong Emirati cadre on the international stage begins with investing in knowledge and communication, an approach we are committed to advancing through initiatives like these.' Bridges of communication Meanwhile, Ambassador Muhannad Sulaiman Al Naqbi emphasised that the session is a testament to the collaborative efforts between the Ministry of Finance and the UAE's diplomatic missions with both sharing the same goal: empowering the nation's youth to succeed on the global stage. He added, 'The UAE Global Cadres initiative is an extension of the country's diplomatic approach to building bridges of communication between Emirati students and influential global organisations.' 'We hope this session inspires students to explore new horizons in the international financial sector and, in doing so, strengthen their contributions to both the national and global economies,' Al Naqbi said. The session began with a welcome speech by Qiangwu Zhou, who greeted the students and commended the ongoing collaboration between the bank and the UAE. Zhou said, 'We are delighted to host this panel discussion, which highlighted the strong interest and awareness among Emirati students in international business. Investing in young talent has been and will continue to be a top priority for us.' He added, 'Events such as this provide invaluable opportunities to introduce the next generation to fulfilling careers within multilateral organisations, while fostering diversity and expertise in the Bank's future workforce.' Presentations The session explored the importance of the UAE Global Cadres Initiative in empowering Emiratis to pursue career and training opportunities within leading international financial institutions. The initiative supports this goal by offering introductory programmes, specialised knowledge content, and fostering strategic partnerships with entities such as the New Development Bank (NDB). The discussions also touched on the Ministry of Finance's efforts to create an enabling environment for Emiratis seeking to enter multilateral institutions. These efforts include support with application procedures, secondment opportunities, and tailored training programmes. Representatives from the New Development Bank delivered presentations outlining recruitment mechanisms and professional development pathways available within the organisation. They detailed key programmes targeting young talent, application processes, admission criteria, and the skillsets and specialisations most in demand. Students, for their part, actively engaged during the session, posing questions on application requirements, areas of specialisation, and the day-to-day working environment at the bank. This gathering is part of the Ministry's ongoing efforts to deepen strategic partnerships with international financial institutions and expand career opportunities for UAE nationals, driving the country's vision of building a globally competitive and influential national workforce.

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