Day: March 15, 2023

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Maktoum bin Mohammed meets with President and COO of JPMorgan Chase

DUBAI, 15th March, 2023 (WAM) — H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, today met with Daniel Pinto, President and Chief Operating Officer of JPMorgan Chase, the world’s largest bank by market capitalisation. In the meeting held at the Dubai International Financial Centre (DIFC), H.H. Sheikh Maktoum bin Mohammed said Dubai is keen to further deepen partnerships with global financial services companies to advance the goals of the Dubai Economic Agenda D33 to consolidate the city’s status as one of the world’s top three cities and top four financial centres. His Highness and Daniel Pinto discussed JPMorgan Chase’s plans to extend its reach and capabilities in the region. They also discussed the vast new opportunities for banking and financial companies emerging from the ambitious development projects being undertaken in the UAE. Sheikh Maktoum outlined how Dubai provides a supportive platform for tapping the vast avenues for growth and innovation arising from fast-growing emerging markets in the region that are going through rapid transformation. Sheikh Maktoum bin Mohammed further said robust public-private partnerships play a vital element in Dubai’s efforts to establish itself as a top-ranked global hub for financial services and technologies. As part of this objective, Dubai continues to provide one of the world’s best ecosystems for financial services companies to advance growth, innovation and excellence, His Highness said. The meeting was attended by Abdullah Al Basti, Secretary General of The Executive Council of Dubai; Helal Al Marri, Director General of Dubai’s Department of Economy and Tourism; and Essa Kazim, Governor of the Dubai International Financial Centre (DIFC). global leader in investment banking, financial services, commercial banking, financial transaction processing and asset management JPMorgan Chase had $3.7 trillion in assets as of 31 December, 2022. The company reported a full-year net income of $37.7 billion in 2022. Operating in over 60 countries with more than 240,000 employees worldwide, the firm serves many of the globe’s most prominent corporate, institutional and government clients.

Tariq Al Fahaam

Source: Emirates News Agency

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Federal Government’s official working hours during Ramadan to be 70% remote, 30% in person on Fridays

BU DHABI, 15th March , 2023 (WAM) — Upon the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the official working hours of Federal Government’s employees during the Holy Month of Ramadan will be 70 percent by remote work, and 30 percent in person on Fridays. The attendance of students of public universities, as well as school students, will be remote on Fridays while considering the pre-set dates for their exams. The resolution aims to offer more flexible official working hours in consideration of social interactions between families during the Holy Month of Ramadan. It also enables Federal Government authorities to maintain their business continuity and provide adequate services, and offers flexibility to students of public education establishments in the educational process.

Tariq Al Fahaam

Source: Emirates News Agency

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UAE President appoints Mohammed Saeed Al Shehhi as Secretary-General of UAE Media Council

ABU DHABI, 15th March, 2023 (WAM) — President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a decree appointing Mohammed Saeed Al Shehhi as Secretary-General of the UAE Media Council. l Shehhi previously served as Chief Executive Officer at Dubai Design District, as well as CEO of Strategy, Technology and Executive Affairs at Dubai Media Incorporated, and Senior Director Media and Broadcast Services at du.

mjad Saleh

Source: Emirates News Agency

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FloQast Global Momentum Continues With Expansion Into Australia, New Zealand

Fintech veteran Jason Toshack to lead the company’s regional push

SYDNEY, AUSTRALIA / ACCESSWIRE / March 14, 2023 / FloQast, a provider of accounting workflow automation software created by accountants for accountants, today announced its expansion into Australia and New Zealand, with plans to establish and scale a local headquarters in Sydney. With global interest increasing as FloQast establishes itself as an emerging international leader in accounting workflow technology, the expansion enables the company to service a growing regional customer base with a localised team.

Leading the company’s push is seasoned fintech executive Jason Toshack, named as Managing Director, ANZ. With more than 22 years of SaaS experience, Toshack joins FloQast after spending more than 15 years with NetSuite, where he most recently served as the company’s Vice President and General Manager ANZ. As Managing Director, Toshack will focus on growing FloQast’s ANZ presence, guiding all aspects of sales within the region, and helping develop local partnerships.

“We couldn’t be more excited to have Jason Toshack lead our expansion into the ANZ region,” said Mike Whitmire, co-founder and CEO at FloQast, inactive CPA. “Jason’s wealth of experience and background make him uniquely qualified to drive FloQast’s mission of elevating finance and accounting teams in Australia and New Zealand.”

FloQast’s list of users in Australia and New Zealand includes SafetyCulture, a global technology company run from a Sydney HQ that helps workers identify issues and opportunities for businesses to improve, Employment Hero, a global, all-in-one HR, payroll, and benefits platform headquartered in Sydney, and Deputy, a global employee management tool also based in Sydney.

“I’ve operated adjacent to FloQast over the course of my career and have watched it develop into a leading accounting technology company,” said Toshack. “I’m thrilled about the opportunity to join the team and build our presence in the region.”

On April 5, FloQast is sponsoring Oracle NetSuite’s SuiteConnect Sydney: Full Suite Ahead. Learn more here.

About FloQast

FloQast delivers workflow automation software enabling organisations to operationalise accounting excellence. Trusted by more than 2,000 accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast was built by accountants, for accountants to enhance the way accounting teams work. FloQast enables customers to streamline processes such as automated reconciliations, documentation requests, and other workflows that impact the month-end Close, financial reporting, and payroll and is consistently rated #1 across all user review sites. Learn more at FloQast.com.

Contact Information

Kyle Cabodi
FloQast Director of Corporate Communications
kyle.cabodi@floqast.com

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SOURCE: FloQast