Daily Archives: September 12, 2018

Rubique Aims to Forge Strategic Ties With Financial Institutions in UAE

ABU DHABI, UAE, September 12, 2018/PRNewswire/ –Rubique Technologies, India’s leading financial matchmaking platform for loans and cards, is among the five global companies chosen by Abu Dhabi Global Market (ADGM) for its FinTech Regulatory Laboratory (RegLab) programme in first cohort. Charting its ambitious growth plans and making strides toward rapid expansion, Rubique team will aggressively explore partnership opportunities with UAE financial institutions. Rubique has been already approached by few large business houses in UAE and aims to pursue opportunities with leading financial institutions to kick start its operations soon.

With USD 360 billion in loan outstanding and 8% year-on-year growth in the same UAE offers huge potential in lending which can be disrupted through technology. Also, there are many market similarities with India & UAE on consumer front as well as in terms of the market inefficiencies like difficult access to finance leading to huge lending gap, ambiguity in assessment right product in absence of common platform etc.

Rubique has been able decipher the code in India by deploying various technology solutions for each stakeholder in loan supply chain & acting as eco-system enabler. It has same plans for UAE to empower partners with its flagship FinTech solutions in order to leverage technological innovations to make financial markets and systems more efficient while driving financial inclusion in the region. UAE is still in nascent stage compared to India in online lending market which has only comparison websites. With higher adoption towards technology & growing interest from banks situated in UAE to collaborate with fintech, this would be right time for Rubique to explore such opportunities

This year, Manav Jeet, MD & CEO along with Suraj Agarwal, Chief Technology Officer will be present in Abu Dhabi fintech summit to discuss its plan for UAE & MENA market & showcase its proprietary solution SPOT (Single Point of Truth) which is integrated with paperless-focused features like eKYC, bank statement analysis, credit bureau check, credit memo generation and MCA integration among others while allowing real-time credit decision making on the application.

Commenting on this development, Manav Jeet, MD & CEO said, “Business ecosystems in UAE & MENA region have transformed tremendously, reflecting immense need for a robust technological platform for seamless experience in banking and financial services. We aim to fill this gap by presenting a tried and tested highly tech intensive indigenous platform based on disruptive technologies including Artificial Intelligence and block chain. This will not only enable a cohesive fintech ecosystem in the region but also support financial ecosystem in rapidly enhancing the services. Thanks to ADGM initiative that we will be able to take the learning & advanced technology solutions beyond boundaries. We look forward to meet & discuss this with UAE financial services players to build transformational fintech ecosystem in UAE & MENA.”

Started in the year 2014, Rubique with its approach of ‘technology thinking of financial services’, has proven itself as the one of the fastest growing Fintech companies in India, witnessing 4X growth year on year. Built on a proprietary matchmaking algorithm, Rubique’s financial matchmaking platform along with its Credit Decisioning Engine have been integrated with financial institutions’ systems for real time processing and providing faster credit facilitation to the customers. Presently, Rubique offers more than 350+ financial products through its tie up with leading financial institutions in India. Rubique today has serviced more than 2,00,000 happy customers by facilitating over USD 500 million loans and over 1,50,000 credit card setups generating revenue of USD 9mn.

About Rubique:

Rubique is India’s leading financial matchmaking platform across credit cards, personal loans and SME lending. With Rubique, customers can choose from more than 350+ financial products through its tie ups with 100+ financial institutions. Rubique’s proprietary AI based recommendation engine and financial matchmaking platform allow financial institutions real-time processing, instant online approvals and seamless disbursal while enabling right and the best deals for customers. Further, Rubique’s unique Credit Decisioning Engine(CDE) and Credit Policy Digitisation are transforming the credit underwriting process along with improved credit disbursal pipeline for financial institutions. The platform is embedded with features including e-KYC, bank statement analysis, credit bureau check, credit memo generation & real time application tracking. Rubique was the winner of The Asian Banker ‘Beijing Financial Innovation Showcase and Competition 2018’. The company was also part of FinTech Regulatory Laboratory (RegLab) program curated by Abu Dhabi Global Market (ADGM).

For more information, please visit the company’s website at https://www.rubique.com/

Media contact:

Shripad Sukenkar
Rubique Technologies
Mobile: +91-9819499303
Email: shripad.sukenkar@rubique.com

Source: Rubique Technologies

Rubique Aims to Forge Strategic Ties With Financial Institutions in UAE

ABU DHABI, UAE, September 12, 2018/PRNewswire/ –Rubique Technologies, India’s leading financial matchmaking platform for loans and cards, is among the five global companies chosen by Abu Dhabi Global Market (ADGM) for its FinTech Regulatory Laboratory (RegLab) programme in first cohort. Charting its ambitious growth plans and making strides toward rapid expansion, Rubique team will aggressively explore partnership opportunities with UAE financial institutions. Rubique has been already approached by few large business houses in UAE and aims to pursue opportunities with leading financial institutions to kick start its operations soon.

With USD 360 billion in loan outstanding and 8% year-on-year growth in the same UAE offers huge potential in lending which can be disrupted through technology. Also, there are many market similarities with India & UAE on consumer front as well as in terms of the market inefficiencies like difficult access to finance leading to huge lending gap, ambiguity in assessment right product in absence of common platform etc.

Rubique has been able decipher the code in India by deploying various technology solutions for each stakeholder in loan supply chain & acting as eco-system enabler. It has same plans for UAE to empower partners with its flagship FinTech solutions in order to leverage technological innovations to make financial markets and systems more efficient while driving financial inclusion in the region. UAE is still in nascent stage compared to India in online lending market which has only comparison websites. With higher adoption towards technology & growing interest from banks situated in UAE to collaborate with fintech, this would be right time for Rubique to explore such opportunities

This year, Manav Jeet, MD & CEO along with Suraj Agarwal, Chief Technology Officer will be present in Abu Dhabi fintech summit to discuss its plan for UAE & MENA market & showcase its proprietary solution SPOT (Single Point of Truth) which is integrated with paperless-focused features like eKYC, bank statement analysis, credit bureau check, credit memo generation and MCA integration among others while allowing real-time credit decision making on the application.

Commenting on this development, Manav Jeet, MD & CEO said, “Business ecosystems in UAE & MENA region have transformed tremendously, reflecting immense need for a robust technological platform for seamless experience in banking and financial services. We aim to fill this gap by presenting a tried and tested highly tech intensive indigenous platform based on disruptive technologies including Artificial Intelligence and block chain. This will not only enable a cohesive fintech ecosystem in the region but also support financial ecosystem in rapidly enhancing the services. Thanks to ADGM initiative that we will be able to take the learning & advanced technology solutions beyond boundaries. We look forward to meet & discuss this with UAE financial services players to build transformational fintech ecosystem in UAE & MENA.”

Started in the year 2014, Rubique with its approach of ‘technology thinking of financial services’, has proven itself as the one of the fastest growing Fintech companies in India, witnessing 4X growth year on year. Built on a proprietary matchmaking algorithm, Rubique’s financial matchmaking platform along with its Credit Decisioning Engine have been integrated with financial institutions’ systems for real time processing and providing faster credit facilitation to the customers. Presently, Rubique offers more than 350+ financial products through its tie up with leading financial institutions in India. Rubique today has serviced more than 2,00,000 happy customers by facilitating over USD 500 million loans and over 1,50,000 credit card setups generating revenue of USD 9mn.

About Rubique:

Rubique is India’s leading financial matchmaking platform across credit cards, personal loans and SME lending. With Rubique, customers can choose from more than 350+ financial products through its tie ups with 100+ financial institutions. Rubique’s proprietary AI based recommendation engine and financial matchmaking platform allow financial institutions real-time processing, instant online approvals and seamless disbursal while enabling right and the best deals for customers. Further, Rubique’s unique Credit Decisioning Engine(CDE) and Credit Policy Digitisation are transforming the credit underwriting process along with improved credit disbursal pipeline for financial institutions. The platform is embedded with features including e-KYC, bank statement analysis, credit bureau check, credit memo generation & real time application tracking. Rubique was the winner of The Asian Banker ‘Beijing Financial Innovation Showcase and Competition 2018’. The company was also part of FinTech Regulatory Laboratory (RegLab) program curated by Abu Dhabi Global Market (ADGM).

For more information, please visit the company’s website at https://www.rubique.com/

Media contact:

Shripad Sukenkar
Rubique Technologies
Mobile: +91-9819499303
Email: shripad.sukenkar@rubique.com

Source: Rubique Technologies

The Cohen Group will launch a Saudi Arabia Office

WASHINGTON, Sept. 12, 2018 /PRNewswire/ — The Cohen Group, a global business advisory firm, announced today that it will launch a Saudi Arabia office. Located in Riyadh, this new office will serve as the hub for the firm’s operations in the region.

“Our decision to open a permanent Middle East office in Riyadh signifies our continued commitment to providing the highest level of support to our clients across all sectors,” said The Cohen Group’s Chairman and CEO, former U.S. Senator and Secretary of Defense Bill Cohen.

The office will be led by Allison Nour, a Senior Director at the firm. An Arabist with deep experience living and working in the region, she has played an integral role in helping The Cohen Group’s clients navigate and develop their business in the region since she joined the firm in 2015.  Ms. Nour previously worked at the Council on Foreign Relations, the National Democratic Institute, the U.S. Senate and in Egypt in academia.

The work of the Middle East Regional Office will continue to draw on senior leaders in The Cohen Group with deep experience in the Middle East and around the world. In addition to Secretary Cohen, these include:

  • General Joseph Ralston, former NATO Supreme Allied Commander and Vice Chairman of the Joint Chiefs of Staff;
  • Ambassador Marc Grossman, former US Ambassador to Turkey, former Under Secretary of State for Political Affairs, and former US Special Representative for Afghanistan and Pakistan.
  • Ambassador Nicholas Burns, former Under Secretary of State for Political Affairs and US Ambassador to NATO and Greece;
  • General Paul Kern, former Commander of the Army Materiel Command and the Senior Adviser for Army Research, Development and Acquisition.
  • Lord George Robertson, former NATO Secretary General and Defense Minister of the United Kingdom.

About The Cohen Group:

Formed in 2001, The Cohen Group is comprised of more than 60 professionals with many decades of combined experience working in top-level positions in Congress, the White House, the State Department, the Defense Department, the Department of Homeland Security, the intelligence community, other federal agencies, and in European and Asian governments, international organizations and the private sector.

With offices in Washington, London, Beijing, Tianjin, New Delhi, and Brisbane, The Cohen Group provides its clients the insights and intelligence needed to better understand and shape the business, political, legal, regulatory, and media environments in which they operate. This includes both developing strategic business plans to help clients achieve their objectives, and actively participating with clients in the execution of those plans. The Cohen Group practice groups include Aerospace & Defense; Homeland Security; Middle East; China; India; Telecommunications and Information Technology; Energy & Resources; Transportation & Logistics; Health Care & Life Sciences; Financial Services & Investment; and Real Estate, serving clients in North America, East Asia, South Asia, Europe, Russia, Australia, Africa and Latin America.

The Cohen Group also has a strong strategic partnership with DLA Piper, an international law firm with over 4,200 lawyers and 71 offices in 30 countries throughout the world.

For more information, please visit www.cohengroup.net.

‫مجموعة كوهن تنشيء مكتبا لها في المملكة العربية السعودية

واشنطن، 12 أيلول/سبتمبر، 2018 / بي آر نيوزواير / — أعلنت مجموعة كوهن، وهي شركة استشارات أعمال عالمية، اليوم أنها ستنشيء مكتبا لها في المملكة العربية السعودية. وإذ سيكون مقره في الربياض، فإن هذا المكتب الجديد سيكون مركزا رئيسيا لعمليات الشركة في المنطقة.

وقال الرئيس والمدير التنفيذي لمجموعة  كوهن، السناتور ووزير الدفاع الأميركي السابق بيل كوهن، “إن قرارنا فتح مكتب دائم لمجموعتنا في الشرق الأوسط في الرياض يدل على التزامنا المستمر بتقديم أعلى مستوى من الدعم لعملائنا في جميع القطاعات.”

وستقود المكتب الجديد أليسون نور، وهي مديرة أولى في الشركة. وحيث أنها خبيرة في الشؤون العربية، ولديها خبرة عميقة في المنطقة وتعيش وتعمل فيها، لعبت أليسون دورًا أساسيًا في مساعدة عملاء مجموعة كوهن على تسيير وتطوير أعمالهم في المنطقة منذ انضمامها إلى الشركة في العام 2015. السيدة نور عملت سابقًا في مجلس العلاقات الخارجية، المعهد الديمقراطي الوطني، مجلس الشيوخ الأميركي وفي الأوساط الأكاديمية في مصر.

سيواصل المكتب الإقليمي للشرق الأوسط للمجموعة الاعتماد على كبار القادة في مجموعة كوهن ذوي الخبرة العميقة في الشرق الأوسط وحول العالم. بالإضافة إلى الوزير كوهن، تتضمن هذه القائمة:

  • الجنرال جوزيف رالستون، القائد الأعلى السابق لقوات حلف الناتو ونائب رئيس هيئة الأركان المشتركة؛
  • السفير مارك غروسمان، السفير الأميركي السابق في تركيا، وكيل وزارة الخارجية السابق للشؤون السياسية، والممثل الأميركي الخاص السابق لأفغانستان وباكستان.
  • السفير نيكولاس بيرنز، وكيل وزارة الخارجية السابق للشؤون السياسية والسفير الأميركي لدى الناتو واليونان؛
  • الجنرال بول كيرن، القائد السابق لقيادة العتاد في الجيش الأميركي والمستشار الكبير لأبحاث وتطوير الجيش ومشترياته؛
  • اللورد جورج روبرتسون، الأمين العام السابق لحلف الناتو ووزير الدفاع في المملكة المتحدة.

نبذة حول مجموعة كوهن غروب

مجموعة كوهن، التي تأسست في العام 2001، تضم أكثر من 60 مهنيا يتمتعون في ما بينهم بعدة عقود من الخبرة من العمل في مناصب رفيعة المستوى في الكونغرس، البيت الأبيض، وزارة الخارجية، وزارة الدفاع، وزارة الأمن الداخلي، وأجهزة الاستخبارات والوكالات الفدرالية الأخرى، وعدد من الحكومات الأوروبية والآسيوية والمنظمات الدولية والقطاع الخاص.

وإذ تحتفظ بمكاتب لها في واشنطن ولندن وبكين وتيانجين، ونيودلهي وبريسبن، توفر مجموعة كوهن لعملائها المشورة المهنية والمعلومات اللازمة من أجل فهم وصوغ أفضل للبيئات التجارية والسياسية والقانونية والتنظيمية والإعلامية التي يعملون فيها. وهذا يشمل وضع خطط العمل الاستراتيجية لمساعدة العملاء على تحقيق أهدافهم، والمشاركة بنشاط مع العملاء في تنفيذ تلك الخطط. وتشمل المجموعات التي تحصل على خدمات مجموعة كوهن عملاء في مجالات الفضاء والدفاع، الأمن الداخلي، الشرق الأوسط؛ الصين، الهند؛ الاتصالات وتكنولوجيا المعلومات؛ الطاقة والموارد، النقل والخدمات اللوجستية، الرعاية الصحية والعلوم الحياتية، الخدمات المالية والاستثمار والعقارات، وهي تقدم خدماتها لعملاء في أميركا الشمالية وشرق آسيا وجنوب آسيا وأوروبا وروسيا وأستراليا وأفريقيا وأميركا اللاتينية.

ولدى مجموعة كوهن أيضا شراكة استراتيجية قوية مع مجموعة “دي أل أيه بايبر” وهي شركة محاماة دولية يعمل بها أكثر من 4،200 محام في 71 مكتبا في 30 بلدا في جميع أنحاء العالم.

‫معرض إكسبو 2020 العالمي سيسهم في النمو الاقتصادي للإمارات العربية المتحدة – حسب توقعات شركة Norman Logistics Sp.zo.o.

ريغا، لاتفيا، 12 سبتمبر 2018/PRNewswire/ —

أصدرت شركة Norman Logistics Sp.zo.o. بيانًا جديدًا لتوقعاتها حول النشاط الاقتصادي لدولة الإمارات العربية المتحدة (UAE). وقد اتسم الاقتصاد بالثبات في عام 2018. كما اعتمد على حجم الإنتاج من النفط، إلى جانب الإصلاحات التجارية والأنشطة المستمرة التي تمت مؤخرًا في بعض المجالات. وفي عام 2018، تجاوزت الإمارات العربية المتحدة لأول مرة هدفها في الإنتاج المفتوح للنفط.

(الصورة: https://mma.prnewswire.com/media/724488/CPM_Trading_Rolands_Peterson.jpg )

تستعد الإمارات العربية المتحدة لمعرض إكسبو 2020 العالمي، ولذلك ضخت قدرًا كبيرًا من الاستثمارات لتحسين البنية التحتية وتطويرها.  ومن المتوقع أن تشهد الدولة ارتفاعًا في النشاط السياحي، إلا أنها ستحتاج إلى استثمارات إضافية لا تتعلق بإنتاج النفط وتكرير النفط الخام.

يمكن تصنيف هذه الدولة فيما يتعلق بالتنمية حيث ارتفع عدد سكانها من 9 ملايين في عام 2013 إلى 10,1 مليون في عام 2017؛ وانخفض معدل البطالة بها من 2,8 ٪ في عام 2013 إلى 1,7 ٪ في العام الماضي [1]. ورغم تأجيل تنفيذ العديد من مشاريع البنية التحتية في عام 2014، فسوف تُستكمل تلك المشاريع هذا العام، وفضلاً عن ذلك فهناك خطط عامة جديدة توضع للتنفيذ خلال العقدين التاليين. إذ تشير الحسابات إلى أن تطبيق ضريبة مُضافة بقيمة 5% سيساعد في تحقيق دخل قوامه 12 مليار يورو خلال العام الأول من تطبيق الضريبة[2]

علاوة على ذلك تواصل جميع الإمارات -دبي وأبوظبي على وجه الخصوص- جهودها من أجل تنويع الاقتصاد وتقليل حجم الأنشطة المتعلقة بالمنتجات النفطية. بالإضافة إلى مشاريع البنية التحتية، ضخت أبو ظبي استثمارات كبيرة في إنشاء مصادر الطاقة البديلة، وفقًا لما ذكره رولاندز بيترسونز -عضو مجلس إدارة شركة Norman Logistics Sp.zo.o. الذي يطرح أفكاره عن اقتصاد الإمارات.

بالرغم من معاناتها من الأزمات، لا يزال هذا البلد شريكًا تجاريًا مطلوبًا بين العديد من اقتصادات العالم، فمن المتوقع أن تصبح دولة الإمارات العربية المتحدة شريكًا تجاريًا أكثر طلبًا في جميع أنحاء العالم قبل معرض إكسبو 2020 العالمي.

نبذة عن شركة Norman Logistics Sp.zo.o.: 

شركة Norman Logistics Sp.zo.o. هي شركة لوجيستية دولية ومقرها في بولندا منذ عام 2016.  تعمل هذه الشركة في أوروبا وكذلك في العديد من المراكز اللوجستية الكبرى الأخرى في العالم. ويتمثل مجال نشاطها الأساسي في وساطة الشحن، لا سيما البضائع البحرية. تضم قائمة عملاء شركة Norman Logistics عددًا من الشركات الأوروبية الكبرى التي يتم نقل إنتاجها بواسطة الشحن البحري في كل اتجاه.  ومقدمو الخدمات لديها هم شركات شحن متوسطة أو كبيرة الحجم. تتمثل مهمة شركة Norman Logistics في توفير خدمات لوجستية مريحة وشاملة في مكان واحد مقابل السعر نفسه، مع نهج الممارسة الأفضل الفريد. 

الكاتب: رولاندز بيترسونز، عضو مجلس إدارة شركة Norman Logistics Sp.zo.o.

  1. https://www.focus-economics.com/countries/united-arab-emirates
  2. https://www.nordeatrade.com/no/explore-new-market/united-arab-emirates/economical-context

المصدر: شركة Norman Logistics Sp.zo.o.