Steve Wozniak to speak at GCC Financial Forum

Steve Wozniak, co-founder of Apple, has been announced as the keynote speaker of the eighth annual GCC Financial Forum. (Photo by Michael Bulbenko/Supplied)
Updated 06 December 2018
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Steve Wozniak to speak at GCC Financial Forum

DUBAI: Steve Wozniak, co-founder of Apple, has been announced as the keynote speaker of the eighth annual GCC Financial Forum.
Co-hosted by Euromoney and the Bahrain Economic Development Board, the event will focus on the reinvention of financial services. Set to run from Feb. 26 to 27, 2019, the two-day conference will feature speeches and interviews with international financial and technology leaders, and present an opportunity for over 800 global participants to meet, network and exchange ideas.
Wozniak, one of the heavyweights of the global tech industry, founded Apple with Steve Jobs in 1976 and was instrumental in the launch of the company’s first personal computers. He is also a vocal expert on AI, blockchain and the financial technology industry at large. Wozniak is particularly active in advocating the benefits of cryptocurrencies, an area that several Bahraini start-ups are exploring.
David Parker, executive director — financial services at the Bahrain Economic Development Board, said: “With Bahrain rapidly becoming the fintech hub of the Middle East, we are eager to welcome Steve Wozniak to speak at next year’s GCC Financial Forum. He is well-known for his insight into the latest fintech trends, and we look forward to hearing his thoughts on the new developments in global finance.”


ICD, BBI launch global private sector platform

The agreement was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI, on Wednesday at the ICD’s headquarters in Jeddah.
Updated 19 May 2019
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ICD, BBI launch global private sector platform

The Islamic Corporation for the Development of the Private Sector (ICD) and Bosna Bank International (BBI) signed a memorandum of understanding on May 16 in Jeddah. The MoU is related to a new initiative — the Global Platform for Private Sector — where the two institutions and community of like-minded financial entities can collaborate on business opportunities, exchanging market intelligence and laying a foundation for actual financial transactions within the member countries and across borders.
The signing ceremony took place in ICD’s headquarters in Jeddah and the document was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI.
Sejiny said: “ICD takes the lead in launching such a platform network to demonstrate productive applications of fintech in modern global business affairs, to help reduce financial transaction costs for its member banks, leasing companies and micro-finance institutions and to upgrade the advisory services that ICD offers to its partners across the Islamic developmental network.”
Bukvic added: “We welcome the initiative and we’re happy to be among the first entities to sign the MoU with ICD. Such a platform would open opportunities for Bosnia and Herzegovina, BBI bank and other partners once implemented, and will most certainly facilitate investment across borders. This will extend our efforts already expressed by organizing international events in the capital of Bosnia and Herzegovina, such as the Sarajevo Business Forum and the Sarajevo Halal Fair.”

 

Bosna Bank International (BBI) d.d. Sarajevo is the first bank, both in Bosnia-Herzegovina and Southeast Europe, to operate in accordance with Islamic finance principles. BBI offers several types of financial services to retail and corporate clients through its business based on ethical principles and partnership. Shariah compliance is ensured by the BBI Shariah board with members of this board being prestigious local and international experts.
The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide. One major goal of this online platform is the sharing of investment, advisory, sukuk, financing and other deals in an environment of common Islamic values.
ICD is a multilateral development financial institution and is part of the Islamic Development Bank (IsDB) Group. It was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to the governments and private companies and encouraging cross-border investments.
ICD has an authorized capital of $4 billion. Currently, the shareholders of ICD are the IsDB, 54 Islamic countries and five public financial institutions.

Decoder

The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide.