Hong kong: Ajman Chamber is participating in the Hong Kong FinTech Week (HKFTW) to engage with the latest advancements and innovations in the financial technology sector and insurance solutions, aiming to examine their impact on global economies, gain insights into best practices, and explore opportunities for collaboration with leading financial institutions.
This global event, hosted in Hong Kong, brought together over 800 influential speakers, including business leaders, government officials, and representatives from more than 500 startups and 100 prominent investors, alongside key figures from family-owned businesses.
Mahmoud Othman Abu Al Shawareb, a Member of the Board of Ajman Chamber and head of the delegation, highlighted the significance of the HKFTW as one of the foremost global events in the field of financial technology and a vital platform for discussing the present and future of the financial sector, finance, and insurance, and their impact on the global economy, international trade, and supp
ly chains.
He commended the range of forums accompanying the event, including the “Fintech Forum, AI and Advanced Tech Forum, Blockchain and Digital Assets Forum, Payments and Other FinTech Forum, Global Forum, WealthTech and InvestTech Forum, Green FinTech and Impact Forum, and InsurTech Forum.”
Abu Al Shawareb discussed avenues for cooperation with experts and officials, focusing on opportunities to attract financial technology and insurance companies to invest in Ajman. The discussions also highlighted the growing role of financial technologies in promoting financial inclusion and improving efficiency in financial services.
He reviewed a broad range of direct investment opportunities across multiple sectors that hold particular appeal for Chinese investors, including “the industrial sector – with emphasis on technological, precision manufacturing, software, and application industries – food industries, and clean energy investments.
He noted that the industrial sector contributed 18.8% to Ajma
n’s GDP in 2023. Additional investment opportunities are also evident in the tourism, education, healthcare, construction, and real estate sectors.
He emphasised that Ajman Chamber’s participation reflects its commitment to leveraging financial technology and insurance solutions to strengthen the business environment, foster innovative solutions that benefit the local economy, and reinforce Ajman’s position as a key business hub for attracting investment.
Source: Emirates News Agency