Al Masah Capital bags ‘Best MENA Asset Manager 2017’ award

AMCL’s management and employees won one of the highest honors at the recently held MENA Fund Manager Performance Awards ceremony.
Updated 08 February 2017
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Al Masah Capital bags ‘Best MENA Asset Manager 2017’ award

Al Masah Capital (AMCL) added another feather to its cap by winning the prestigious “Best MENA Asset Manager 2017” award at the recently held MENA Fund Manager Performance Awards ceremony.
Al Masah Capital’s industry peers and MENA FM’s judging panel recognized AMCL’s incredible growth story of the last six years and awarded the company, its management and employees one of the highest honors of the night.
Shailesh Dash, founder and CEO of AMCL, said: “A remarkable achievement and recognition for a group of people that deserve all the praise; we always envisioned setting a newer and higher standard for fund management performance and we are delighted and humbled that our industry peers hold us in such high esteem.”
AMCL SEO, Saikat Kumar added: “This award is a testament to the team; over the last six years this team has worked hard to achieve new goals and elevate themselves above the competition. We are very happy to receive such recognition as it shines a light on all the years of determination, sweat and tears put in by the management and the team.” 
Head of asset management, Akber Naqvi, said: “Al Masah Capital has always prided itself on recognizing an opportunity, being smart, flexible and dynamic to capture this opportunity and placing itself at the heart of the next cycle, thereby ensuring a rate of return for its investors and shareholders that is peerless; the regional asset management industry is changing, adapting and growing and this award shows that AMCL is equipped and ready to be at the forefront of the evolution.”
Al Masah Capital added the “Best MENA Asset Manager 2017” award to its long list of awards won over the years, including, “Outstanding Achievement by an Individual,” “Best PE House,” “Best PE Fund,” “Best Newcomer Fund,” and “Best IPO Fund.”


Alef Education launches first project in US

From right, Geoffrey Alphonso, CEO of Alef Education; Geoffrey Canada, president of the Harlem Children’s Zone and chairman of NexGen Education; and Hanut Singh, CEO of NexGen Education and CEO of QBS Learning.
Updated 17 October 2018
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Alef Education launches first project in US

Alef Education, a UAE-based education technology company, has announced the launch of its Alef education system in the US.

The system will be used at Harlem Children’s Zone (HCZ) schools in New York city, starting Oct. 15.

The Alef education system brings together a blend of the latest technology and pedagogical approaches geared toward learners of today. A key component of the system is the “Alef Platform,” which has three main pillars: 

•A fun and easy-to-use digital learning environment 

•High-quality digital content developed to engage and stimulate learning with a blend of videos, interactivities and games. 

•Real time data provided within each lesson to truly enable educators to support personalized learning and identify student strengths and weaknesses. 

The partnership between Alef Education and the Harlem Children’s Zone schools started in 2017 when leaders of those organizations met. The meeting included a review of best practices in pedagogy, instructional design, the use of technology, and the best ways to identify difficult concepts and detect struggling students early using data. 

Alef Education identified NexGen, an education technology startup based in New York City, as its US-based partner to carry forward the implementation of the program at the Harlem Children’s Zone schools and other school systems across the US. 

Geoffrey Alphonso, chief executive of Alef Education, said: “As a leading education technology company, we want to play a significant role in the creation of the next generation of innovative individuals around the world, and continue to provide the latest innovations in artificial intelligence-based and technology-driven education solutions within a holistic education system.” 

He added: “The implementation of our innovative education system in the Harlem Children’s Zone schools in New York city speaks of a quantum leap in our long-term mission to leverage technology to provide students with the personalized education they need to succeed, while also empowering teachers with real-time, actionable data.” 

Geoffrey Canada, president of the Harlem Children’s Zone schools in New York and chairman of NexGen Education, named one of the world’s most influential people by Time magazine and as one of the 50 greatest leaders by Fortune magazine, said: “We are pleased to welcome Alef Education’s innovative education system into our schools in New York as of October 2018. Education systems across the world are witnessing unprecedented transformations and a transition to a more dynamic education based on new technologies. In this context, we have decided to adopt this program to further enrich the resources available to our students to ensure they have access to the best the digital education industry has to offer.”