IFZA’s Post

THE IMPORTANCE OF FREE ZONES At Smart Cities Council our mission is: “…to create a safer, more beautiful, enabled, resilient, equitable and sustainable world, for Everyone”. There are 3 types of transformation we can make in this regard: > Social > Environmental > Economic There are 4 ways we can deliver this: > Comcept building > Capability building > Capacity building > Collaboration building World Free Zones Organization ("World FZO") IFZA and their Free Zone colleagues deliver all 4, making it very easy to support, endorse amd collaborate with this conference and organisations… and ask the difficult questions. Often people use economics, funding and finance as interchangeable terms. They aren’t. Economics is the behavioural science that drives markets. It’s alchemic. Finance is the instrument used to measuare and apportion investments and risk. Funding is the financial capital deployed. Free Zones offer a unique way to collaborate and transact the behaviour of people and markets in a way that allows everyone to share the benefit. We make the rules so let’s make good ones. #kudos to all working so hard in this area.

Great news from Bulgaria! In just 9 months, the Ministry of Innovation and Growth, Bulgaria (MIR) has certified 21 investment projects worth BGN 500 million! This highlights Bulgaria's attractiveness for investors. At a recent forum, Minister Milena Stoycheva emphasized the importance of teamwork between MIR, the Bulgarian InvestBulgaria Agency / Българска агенция за инвестиции, and local governments to make these projects happen. MIR has made it easier for investors by creating clear guidelines for grants and forming a group to speed up investment processes. Plus, there are more opportunities coming up for businesses to innovate and grow. Stay tuned for more exciting developments! #Investment #Bulgaria #Innovation #Growth

Trade needs a breakthrough. Universal access to the global trading system is far from a reality. Application of technology is fragmented, adoption of common systems and processes is low, understanding risk is challenging, and access to trade finance can be a struggle for too many. Solving these challenges is one of the prime motivations behind the creation of Rorix Holdings. Rooted in the latest technologies, Rorix represents a completely new direction. It’s an innovative trade enterprise that will help shape the future of trade, reinforce the UAE’s role in the latter, and complement the UAE’s non-oil trade efforts, such as the #CEPA program.   As part of this, Rorix will provide access to a combined global first – a digital commodities exchange that will bring more players into the global trading system and help to wake dormant opportunity, galvanising access to trade finance, trade insurance and cutting edge trade facilitation and consultancy services.   As companies, traders and SMEs begin to see greater opportunity in emerging markets, so too must they have the tools required to manage risk, create liquidity and utilize technological frameworks that will allow them to trade quickly and seamlessly. This sits at the heart of Rorix’s mission. Championing the future of the global trading system begins with introducing real-world, focused solutions that change the game. Serving as executive chairman of Rorix, I am committed to driving this forward and bringing novel solutions to the market. We have big ambitions and we are targeting assets of $15bn in the next two years as a key part of the UAE’s growth story.   Rebooting trade matters. There’s no bigger boost for the world’s economy, and no bigger win for SMEs looking to go global. #trade #tradefinance #commodities #risk #uae #insurance #tradefacilitation #CEPA

Our branch director and country head for 🇲🇹 Malta, Filip Suchta, was interviewed recently while attending the Zero One Hundred Conferences (PE & VC Platform) conference in 🇨🇿 Prague. Watch this short yet insightful video if you'd like to learn: ▶ Why did we decide to launch the Malta office in 2023? ▶ Which types of funds are the best fit to launch in Malta? ▶ How will the Maltese ecosystem evolve in the next decade? ▶ What makes Malta unique compared to other jurisdictions, including Luxembourg? Reach out to Filip if you'd like to discuss how we could support you in more detail. #Malta #financialservices #Luxembourg #depositary

🌍AmCham Portugal is part of a #strong and #impactful networking platform in Europe: AmChams in Europe 🌍🇺🇸🇪🇺 With a presence in 48 countries, AmChams in Europe is the continent’s largest network of international chambers of commerce. This strategic asset helps businesses unlock opportunities in key European markets. ACE represents 50 American Chambers of Commerce across Europe and Eurasia, underscoring the vital economic relationship between the U.S. and Europe. These regions are each other’s #largest trading partners, forming the world's most #prosperous market. Supporting over 17,000 #companies that employ more than 20 million people and contribute over $1.1 trillion in investment, we advocate for the #transatlantic economy's crucial role. We are proud to be part of this important and powerful platform! #AmChamsInEurope #TransatlanticBusiness #AmChamPortugal

🌍 Exciting News from the INGENIOUS Eurocluster Consortium! 🚀 We’re thrilled to announce that 10 innovative SMEs from across Europe—Italy, Germany, Czech Republic, Poland, Bulgaria, and France—have been awarded our Internationalisation Grant! 🎉 Each company will receive €2,500 to fuel their global expansion efforts. These grants are already helping these SMEs enter strategic markets such as Kazakhstan, India, South Korea, Peru, Saudi Arabia, South Africa, Japan, Canada, and Israel. 🌐 The funding has been instrumental in supporting market entry, forging new partnerships, and tackling key challenges, from regulatory requirements to logistical barriers. We’re excited to see the impact these SMEs will have as they expand internationally! 💼🌎 👉 Check out the full list of awarded SMEs on our project website: https://lnkd.in/e3Kcb2kJ 👉 Read more about the impact on European Cluster Collaboration Platform (ECCP) https://lnkd.in/eTZQ2nUj Mazovia Cluster ICT BalticNet-PlasmaTec Nanoprogress FEMETALiNDUSTRY European Innovation Council and SMEs Executive Agency (EISMEA) European Cluster Collaboration Platform (ECCP) #Eurocluster #Innovation #GlobalExpansion #SMEs #INGENIOUS #Funding #Grant #Internationalisation

Invest Cyprus welcomes the business visit of the Digital Cooperation Organization (DCO), led by H.E. Deemah AlYahya. This visit represented a pivotal opportunity to engage in substantive discussions on advancing digital transformation initiatives within Cyprus. 🤝🇨🇾 The dialogue also focused on identifying potential synergies that could further enhance the digital landscape and attract significant investments to the region in various sectors. The visit facilitated the exchange of knowledge, resources, and best practices in digital innovation, fostering a collaborative environment for future growth. 🌐 Invest Cyprus was represented by its Chairman, Evgenios Evgeniou, and CEO, Marios Tannousis, who articulated the vision and strategy of Invest Cyprus. They emphasizedthe organization's commitment to facilitating cooperation and partnerships that enable digital transformation across industry sectors in Cyprus. 🌍🚀 Special thanks to Deputy Minister RID Nicodemos Damianou, PhD, Chief Scientist Demetris Skourides, Theodoros Loukaidis Eleni Apeyitou;Nasia Zanti Lina Tsoumpanou and Cyprus Ambassador to KSA, Alexis Phedonos-Vadet for the excellent collaboration and coordination. #InvestCyprus #DigitalTransformation #CyprusInnovation #TechSynergies #GlobalPartnerships #DigitalCooperation #DCOVisit #DigitalFDI #Techinvestments #startupinvestments #techcollaboration #digitalcollaboration #economicdevelopment #jobcreation

Yesterday, NB Renaissance was honored to participate in the "Italian Private Capital: 2024 Outlook" event at the Italian Embassy in London, alongside sponsors AIFI - Associazione Italiana Private Equity, Venture Capital e Private Debt, Legance, and the Embassy itself. The gathering highlighted the future of Italian private equity and its crucial role in our economy.   The event kicked off with inspiring remarks from Ambassador Inigo Lambertini and Marco Gubitosi (Legance), setting the stage for insightful discussions. Innocenzo Cipolletta and Anna Gervasoni (AIFI - Associazione Italiana Private Equity, Venture Capital e Private Debt) then illuminated the dynamism of Italy's economy and the rising interest from pan-European funds.   Central to the event, our Founder and Senior Partner, Fabio Canè, emphasized Italy's unique position to meet the global demand for premium products by High Net Worth Individuals, distinguishing us from competitors such as Germany. "At NB Renaissance, our history and expertise in partnering with families uniquely position us to capitalize on this opportunity," he stated.   Fabio’s message underscores NB Renaissance's commitment to leveraging Italy’s distinct advantages for sustainable growth. The "Italian Private Capital: 2024 Outlook" event reaffirmed the promising future of our economy, driven by strategic partnerships and the private equity sector's collective efforts.   #ItalianPrivateCapital #PremiumProducts #InvestmentOpportunities #nbRenaissance #AIFI #PrivateEquity

This multi-jurisdictional reference guide features a UAE chapter, authored by Abdus Samad (partner) and Alexander Grant (associate), and provides local insights, including into the general role of venture capital and market conditions; parties and deal structures; process; due diligence; financial terms; control rights; public offerings and listings; sale transactions; disputes; foreign investment considerations; and recent trends. Other jurisdictions covered by the guide include Austria, China, Denmark, India, Japan, South Korea, Sweden, Switzerland, Taiwan, Turkey, and the United States. Read the UAE chapter here: https://lnkd.in/eUWKHuCV Lexology #afridiangell #venturecapital #lexology

IC-SHARE 2024 IS CALLING ALL FUTURE PARTICIPANTS 📢📢 Due to many requests, the #ICSHARE paper submission deadline has been extended to March 15, 2024! You still have time to take your place. Welcome to INTERNATIONAL CONFERENCE ON SHARING ECONOMY AND CONTEMPORARY BUSINESS MODELS: THEORY AND PRACTICE which will take place in Belgrade, Serbia, on May 10-11, 2024. Welcome to Belgrade!💚 #conference #sharingeconomy #gigeconomy #platformeconomy #belgrade #PANACEA