Browsing: 12th edition of the The Annual Investment Meeting (AIM)

Tencent Cloud sets sight on Middle East’s tech market, identifies great prospects for expansion

Tech & Business May 25, 2023

The cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the Middle East region.
At the moment, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.
Tencent Cloud is offering a cloud-based platform for developing and distributing lightweight applications—mini-apps framework—within a digital ecosystem.

With the ambitious development of smart cities and other tech-based industries across the Middle East, the cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the region.

Whether it is fintech applications based on the blockchain, vertical farms that use less water to grow food, or the manufacture of high-end electric and self-driving vehicles, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.

UAE has launched a digital economy

The UAE itself is at the forefront of the adoption of technology. With a …

The brave new world of investing in distressed assets, NPLs

Business May 13, 2023

Global NPL and distressed assets present a promising opportunity for investors looking to diversify their portfolios.
A forum at the Annual Investment Meeting explored how rising interest rates are creating opportunities for distressed debt investors.
Key speakers discussed the different asset classes, including real estate, corporate, and consumer debt.

Investors have been urged to capitalise on investing in distressed assets and non-performing loans to grow their portfolios. According to experts at the Annual Investment Meeting (AIM), non-performing loan (NPL) investing is becoming a popular strategy for investors seeking high returns.

The conference, which was held in two panels examined the current global economic environment and how rising interest rates are creating opportunities for distressed debt investors.

According to Harvard Business School, distressed debt investing is the process of investing capital in the existing debt of a financially distressed company, government, or public entity.