Connect with us

Technology

Boursa Kuwait and Instinctif Partners enrich Kuwaiti capital market participants’ awareness and knowledge of the best practices in Investor Relations and crafting impactful Annual Reports

Published

on

In collaboration with Instinctif Partners, the bourse hosted workshops to support investor relations (IR) activities and highlight the best and latest practices in corporate reporting

KUWAIT CITY, Kuwait, May 29, 2024 /PRNewswire/ — Boursa Kuwait hosted investor relations workshops in collaboration with Instinctif Partners, a strategic reputation advisory firm based in Europe, the Middle East and Africa, at the bourse’s premises on Monday, May 27, 2024, targeting companies listed in the Kuwaiti capital market.

The workshops aimed at enriching the awareness and understanding of the latest, best-in-class standards and practices in IR, an important aspect of communicating with investors and ensuring the timely and accurate dispersion of information, which in turn helps create trust and transparency in capital markets and allows investors to fully analyze listed companies and their performance and make astute investment decisions.

The workshops were run by Matthew Smallwood, Managing Partner, Samah Ragab, Associate Partner and Duaa Kannin, Consultant at Instinctif Partners, who shared their perspectives and expertise with over 30 IR practitioners.

The workshops explored the latest trends and challenges shaping the IR industry, including the impact of artificial intelligence (AI) and Environmental, Social and Governance (ESG) metrics and reporting. The experts from Instinctif also highlighted how to build an effective IR program, utilizing efficient communications and building tools to support those activities, including developing the company website and mastering the art of presentations. The workshops also shed light on how to cultivate strong investor relationships by building successful long-term partnerships based on trust and capitalizing on data-driven insights. In addition, the workshops offered a deep dive into crafting award-winning annual reports that showcase a company’s value proposition, strategic direction, and operating landscape.

Senior Director of Marketing and Corporate Communications Mr. Naser Meshari Al-Sanousi commented on the workshops, saying, “Boursa Kuwait is dedicated to fostering a culture of sustainable excellence and enhancing the overall awareness and knowledge of the best standards, practices and trends adopted worldwide and encouraging them to be implemented across the Kuwaiti capital market. These workshops are a key initiative in our strategy to maintain a sound capital market infrastructure, one that can attract new investors and cultivate long-lasting relationships with the international investment community. I would like to thank the listed companies for their contribution to the success of this event and extend deep gratitude to Instinctif Partners for organizing this initiative and look forward to more collaborations in the future.”

Boursa Kuwait’s organization of this and other similar initiatives stems from the company’s strategy to ensure that Kuwaiti capital markets participants are informed and knowledgeable of the latest trends globally, specifically in the IR industry, which is fast becoming a vibrant industry and a key tenet of a company’s strategy, as the IR function provides an essential communications point between listed companies and their investors, whether current or prospective.

Investor relations in the Kuwaiti capital market is quickly gaining traction, as companies wishing to list on the “Premier” Market are obligated to allocate a unit or department dedicated to investor relations. That department is responsible for educating shareholders about the company’s activities, financial performance and strategic directions. It is also responsible for answering shareholder inquiries and questions, communicating with shareholders to exercise their rights to attend and vote in general assemblies as well as building links between the Board of Directors, Executive Management, current and potential investors and all interested parties.

It is worth noting that companies listed in the “Premier” Market segment accounted for 72% of the traded value in the first quarter of 2024, while “Premier” Market companies’ share of traded volume came in at 53% for the same period. Additionally, the “Premier” Market’s market capitalization during the first quarter of 2024 was over KD 36 billion, representing 83.5% of the total market capitalization of KD 43.11 billion.

This is due to the reclassification of the Kuwaiti capital market into an “Emerging Market” in some of the world’s leading index providers and the inclusion of Kuwaiti listed companies, many of whom are “Premier” Market companies, into these indexes. Additionally, companies listed in the “Premier” Market regularly participate in Boursa Kuwait’s Corporate Days, organized in collaboration with world-renowned financial institutions and showcasing the investment opportunities that reside in the Kuwaiti capital market. Putting these companies in touch with some of the world’s leading investment firms and financial institutions, the events aim to highlight these companies’ financial health and business strategies and outlooks helping investors gain an in-depth understanding of the benefits and opportunities of investing in Kuwaiti companies.

Commenting on the collaboration with Boursa Kuwait, Matthew Smallwood, Managing Partner at Instinctif Partners, said: “It was a pleasure presenting to a responsive and knowledgeable audience at Boursa Kuwait. Attendees were excited and showed great ambition to adopt the best-in-class standards and practices to become high-quality practitioners in the field of Investor Relations. A critical pillar of a company’s reputation, IR can contribute to better investor interactions and conversations, making it easier to attract new investors and retain old ones, which in turn helps deliver a valuation that companies deserve, thanks to the higher levels of transparency and trust. I would like to thank Boursa Kuwait for this opportunity and look forward to more collaborations in the future.”

Boursa Kuwait’s collaboration with Instinctif Partners highlights its commitment to enhancing its corporate communications and investor relations and ensuring their alignment with global best practices. It underscores the bourse’s proactive approach and its dedication to fostering an efficient and transparent capital market, one that can become a vital contributor to the State of Kuwait’s vision to transform into a leading cultural, financial and investment hub in the Middle East.

The initiative forms part of Boursa Kuwait’s efforts to create a lasting meaningful impact on the communities where it operates as part of its Corporate Sustainability strategy and ongoing efforts to equip all market participants with an in-depth understanding of the functioning of capital markets and various tools and techniques required to make informed investment decisions and effectively meet investors’ needs. It is also in line with Goal 4 – Quality Education – and Goal 17 – Partnership for the Goals – of the UN’s Sustainable Development Goals (SDGs).

Brief Overview of Boursa Kuwait:

The establishment of Boursa Kuwait in 2014 marked the first step in the privatization project of the Kuwait Stock Exchange, which was founded in 1977 as the first exchange in the Gulf Cooperation Council region and was reorganized in 1983 as an independent financial institution. The transitional phase began in 2016, with Boursa Kuwait officially assuming the responsibilities and operations of the Kuwait Stock Exchange, replacing it with an official license in the same year after the successful completion of the transitional phase. This ensured that Boursa Kuwait developed the infrastructure and operated according to best practices and international standards. It commenced the creation of an advanced, reliable trading platform built on efficiency, credibility, and transparency to serve all asset classes with a focus on the interests of traders and the national economy.

Boursa Kuwait has undertaken various market reforms as part of its comprehensive plans to enhance it in several stages. It succeeded in introducing innovative investment tools, enhancing transparency, and restructuring the market to increase its liquidity and competitiveness, based on its mission-focused strategy, which emphasizes developing the market to meet international standards. The company’s developmental and improvement efforts have also contributed to the reclassification of the Kuwait market as an «emerging market» among key global index providers, enhancing Kuwait’s position as a leading regional financial center.

In a pioneering step in Kuwait’s privatization field, the privatization of Boursa Kuwait was successful, conducted in two stages. The first stage was in February 2019 when a consortium of Kuwaiti investment companies and a global exchange operator won the privatization bid, acquiring a 44% stake in the company.

In December 2019, the privatization process was completed through the public offering of a 50% stake owned by the Capital Markets Authority to Kuwaiti citizens, with the offering oversubscribed by more than 850%. Boursa Kuwait is listed on the «Premier Market» under the name «Boursa».

For further information, please contact:

Ahmad Rashed Al-Owaish
PR and Media Manager – Boursa Kuwait

Direct:       +965 2299-2282

Mobile:   +965 5056-0090

Email:        aalowaish@boursakuwait.com.kw        

About Instinctif Partners

Instinctif Partners is an EMEA communications consultancy. We are strategic reputation advisors, partnering with our clients to navigate change, mitigate risk and build value through communications that influence and engage the right audiences in the right way.

www.instinctif.com
Press Contact
Instinctif Partners

Matthew Smallwood
Managing Partner at Instinctif Partners

Email: matthew.smallwood@instinctif.com
Mobile: +971 521937883

Photo – https://mma.prnewswire.com/media/2423568/INSTINCTIF_Partners.jpg

View original content:https://www.prnewswire.co.uk/news-releases/boursa-kuwait-and-instinctif-partners-enrich-kuwaiti-capital-market-participants-awareness-and-knowledge-of-the-best-practices-in-investor-relations-and-crafting-impactful-annual-reports-302156980.html

Continue Reading

Technology

Texas Athletics and McCombs School of Business Launch New Bevo Lab, Bringing Together Sports, AI and Analytics

Published

on

By

Dell Technologies, Google Cloud and SHI International join Texas Athletics to power a first-of-its-kind hub for sports intelligence, data analytics, research, and talent development

AUSTIN, Texas, Oct. 23, 2026 /PRNewswire/ — University of Texas Athletics and the Business of Sports Institute (BOSI) in the McCombs School of Business, in cooperation with Longhorn Sports Properties, today announced the launch of Bevo Lab, a unique collaboration that will serve as higher education’s premier sports intelligence platform and living laboratory—bringing together sports, technology, data analytics, and artificial intelligence (AI) to elevate human performance while expanding hands-on learning opportunities for students.
 

Joined by Dell Technologies, Google Cloud, and SHI International, Texas Athletics is building the premier sports intelligence platform in higher education, creating a standard of excellence that spans 21 intercollegiate teams and over 500 student-athletes. Bevo Lab will leverage AI-driven research and data analytics to deliver real-world solutions to help athletes and coaches become more efficient in their training and preparation while developing a pipeline of students with hands-on experience for sought-after careers in technology and sports analytics.

“With the help of our nationally ranked academic leaders and cutting-edge technology brand sponsors, Bevo Lab will become the global benchmark for innovation in sports AI and data analytics, making Texas Athletics the most data-driven athletic program in the country,” said Chris Del Conte, vice president and Folger Family Athletics Director at The University of Texas. “What starts here changes the world, and this vision will transform collegiate athletics. There is no bigger stage, no more powerful brand and no better time than now to lead in this new evolution of sports technology.”

Del Conte will officially announce Bevo Lab today at Texas’ Business of College Sports Summit.

Named for the university’s esteemed and powerful live mascot, Bevo Lab will be a part of BOSI, an academic and research center in McCombs that combines business education, on-field/on-court performance analytics, applied research, and industry participation. The lab will engage as many as 40 student researchers annually in managing the modeling and data projects under the direction of acclaimed sports data analyst, author, and BOSI executive director Kirk Goldsberry, Ph.D.

“The AI and emerging technologies provided by our industry partners will empower our students and researchers to deliver improved efficiency and increased speed in data analysis to boost performance and improve success,” added Goldsberry. “Bevo Lab will reinforce Texas as a leader in sports analytics and AI and will serve as the blueprint for the future of sports.”

Key innovations driving the Bevo Lab:

Bevo Lakehouse: A unified data warehouse that consolidates previously siloed sports-specific data such as game film and wearable technology into a single platform—starting with football, before expanding across all 21 varsity sports.Predictive AI & analytics models: Custom machine learning frameworks, including “transfer AI” for roster evaluation, designed to give coaches actionable insights for game strategy, scouting, and player development.Tailored front-end applications: Intuitive visual and natural language interfaces built specifically for the distinct daily workflows of athletes, coaches and athletic executives.Next-generation skills training: A hands-on program for UT students to gain AI skills and deploy live applications alongside athletic teams. Through a first-of-its-kind Google Public Sector ambassador program, students will also get to work directly with engineering teams, gaining high-stakes industry experience to launch careers in tech and sports analytics.

Dell Technologies: Powering a New Era in College Athletics

Dell Technologies is deepening its decadeslong relationship with The University of Texas as the premier founding sponsor and the Official Technology Infrastructure Sponsor of Bevo Lab. Building on a broad history of collaboration that spans groundbreaking research at the Texas Advanced Computing Center and technology innovation across Texas Athletics, Dell is providing the secure AI-ready infrastructure that powers Bevo Lab, enabling students, researchers, coaches and student-athletes to transform data into actionable insights, accelerate innovation and elevate human performance.

“Bevo Lab represents the next chapter in Dell Technologies’ longstanding relationship with The University of Texas and our shared commitment to innovation,” said Geraldine Tunnell, chief marketing officer, Dell Technologies. “By providing the secure, AI-ready infrastructure that powers this initiative, we’re enabling students, researchers, coaches and student-athletes to turn data into insight, accelerate innovation and unlock new possibilities for human performance. Together, we’re helping shape the future of sports analytics, research and education.”

Google Cloud: Pioneering AI Breakthroughs from Campus to Game Day

Google Cloud joins Bevo Lab as the Official Cloud Provider and Enterprise AI Provider, establishing a secure, powerful data foundation built for the future of collegiate athletic performance. By leveraging Google Cloud and Gemini, Google’s advanced multimodal, agentic AI, student researchers and athletic staff members can quickly unify vast athletic datasets to generate real-time sports intelligence. Google Public Sector’s Rapid Innovation and Specialty Engineering Teams will collaborate directly with UT coaches and students to prototype new sports technology while mentoring future sports and technology leaders. In fact, early collaboration with Google Public Sector has already introduced AI-driven workflows that save UT coaches more than 15 hours per week in game preparation, giving them critical time back to focus on strategy and player development.

“As a proud UT alum, I am thrilled to see my alma mater leading the charge at the intersection of collegiate sports, academic research, and artificial intelligence,” said Matt Renner, president and chief revenue officer of Google Cloud. “Bevo Lab will establish a new global benchmark for sports innovation, directly enhancing how the Longhorns will train, game plan, and compete on the field while providing a premier launchpad for the next generation of tech and sports analytics leaders. By putting our advanced data analytics platforms and Gemini models into the hands of UT students, coaches, and researchers, we are building a secure foundation for sports intelligence that will define the future of the industry.”

SHI International: Uniting Strategy and Integration for the Win

Founding sponsor SHI will serve as the strategic technology and solutions integrator of Bevo Lab, translating Texas Athletics’ vision into a secure, scalable technology architecture. Drawing on its deep expertise across IT infrastructure, cloud, AI and cybersecurity, SHI will orchestrate the partner ecosystem, ensuring multiple technologies across Bevo Lab operate as one unified platform for sports innovation that will evolve with the university’s athletic performance and provide research and workforce development opportunities for students managing the data analytics projects.

“For nearly four decades, customers have trusted SHI to bring together the right technologies, partners and expertise to build, manage and secure some of the world’s most complex IT environments,” said Jack Hogan, vice president of Advanced Growth Technologies at SHI International. “As the strategic technology and solutions integrator of Bevo Lab, we are thrilled to turn best-of-breed infrastructure, cloud, data, AI and security technologies into one trusted, scalable environment that enables Texas Athletics, coaches, student-athletes and researchers to achieve greatness on the playing field, in the lab, in the classroom and throughout their post-college careers.”

Strategic Collaboration Across Athletics and Industry

Longhorn Sports Properties, the Austin-based division of college media and technology leader Learfield, assisted in the development of Bevo Lab and secured its founding corporate sponsors.

“Bevo Lab is a cutting-edge collaboration that will make a tremendous positive impact on our coaches, our student-athletes and the university,” said Lucas Motta, vice president of Longhorn Sports Properties. “We are excited to lock arms with Dell Technologies, Google Cloud and SHI as leaders within their industry, and together we will help power Texas Athletics to even more championships while preparing our students for the new era in the tech workforce.”

Bevo Lab will be housed in Innovation Tower adjacent to the UT campus and in the heart of Austin’s Innovation District. A dedicated microsite that details Bevo Lab and its research will be available at texaslonghorns.com/bevolab.

About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.
 

About Google Cloud
Google Cloud offers a powerful, optimized AI stack—including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications—that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

About SHI International
SHI International is a $16 billion transformational technology solutions integrator serving the needs of more than 17,000 corporate, enterprise, public sector and academic customer organizations around the world. It helps companies achieve business goals through the use of technologies ranging from software licensing and end user computing devices to innovative cloud and edge solutions. With over 7,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S.

About Learfield
Learfield is the leading media and technology company powering college athletics. Through its digital and physical platforms, Learfield owns and leverages a deep data set and relationships in the industry to drive revenue, growth, brand awareness, and fan engagement for brands, sports, and entertainment properties. With ties to over 1,200 collegiate institutions and over 12,000 local and national brand partners, Learfield’s presence in college sports and live events delivers influence and maximizes reach to target audiences. With solutions for a 365-day, 24/7 fan experience, Learfield enables schools and brands to connect with fans through licensed merchandise, game ticketing, donor identification for athletic programs, exclusive custom content, innovative revenue generation solutions, student-athlete marketing initiatives, and advanced digital platforms. Since 2008, it has served as title sponsor for the acclaimed Learfield Directors’ Cup, supporting athletic departments across all divisions. 

Media contacts:
University of Texas Athletics: John Bianco, john.bianco@athletics.utexas.edu, 512-471-1346

Longhorn Sports Properties/Learfield: Tammy Purves, tammy.purves@learfield.com, 404-932-3266

McCombs School of Business: Judie Kinonen, Judie.Kinonen@mccombs.utexas.edu, 409-356-3324

Dell Technologies: Lauren Mauro, media.relations@dell.com.

Google Cloud: press@google.com

SHI: Kaitlynn Cooney, SHI-PR@walkersands.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/texas-athletics-and-mccombs-school-of-business-launch-new-bevo-lab-bringing-together-sports-ai-and-analytics-302917606.html

SOURCE Learfield

Continue Reading

Technology

XbotGo Named World’s No. 1 Consumer Team Sports AI Tracking Camera Brand

Published

on

By

XbotGo recognized as the market leader in consumer team sports AI tracking technology based on 2025 unit sales.  

MOUNTAIN VIEW, Calif., Oct. 23, 2026 /PRNewswire/ — XbotGo is proud to announce that it has officially been recognized as the World’s No. 1 Consumer Team Sports AI Tracking Camera Brand by China Insights Consultancy (CIC), a premier independent market research and consulting firm.  

The certification, issued in October 2026 under research registration number ⁠CIC-2026-985176⁠, is based on a comprehensive evaluation of global unit sales volume throughout the 2025 calendar year. The market research specifically measures consumer-grade camera devices designed for team sports, such as basketball and football, that leverage advanced computer vision and artificial intelligence algorithms to automatically track athletes and capture dynamic gameplay without manual operation.  

“This global market recognition is a powerful testament to the hard work of our engineering teams and the trust our community places in us every day,” said Dr. David Tan, CEO of XbotGo. “From everyday parents and local youth coaches to elite amateur athletes, our mission has always been to make professional-grade sports analysis and hands-free recording accessible to everyone. Being named the global sales leader proves that our vision is resonating worldwide.”

The XbotGo Falcon series combines ultra-sharp 4K resolution, intelligent multi-player tracking, instant highlight creation, and seamless livestreaming capabilities into a compact, subscription-free device. By eliminating the need for a dedicated camera operator, XbotGo empowers teams and families to preserve and analyze every pivotal moment effortlessly.

To learn more about the XbotGo Falcon and explore its award-winning AI tracking technology, visit xbotgo.com.

About XbotGo

XbotGo was founded in 2021 by Dr. David Tan—a computer vision expert, hardware innovator, and devoted soccer dad. Like every parent on the sidelines, he found traditional cameras either too complex or too costly to capture his child’s moments on the field. That frustration sparked a vision: to make sports recording accessible to all through AI. Today, XbotGo is a global AI sports technology company owned by Blink Tech, headquartered in Silicon Valley, California, with R&D centers across Silicon Valley, Beijing, Shenzhen, and Suzhou.

Media Contact:
XbotGo
Gabriel Roxas
PR@xbotgo.com

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/xbotgo-named-worlds-no-1-consumer-team-sports-ai-tracking-camera-brand-302917631.html

Continue Reading

Technology

DataBeyond Showcases PICKINGMAN in Global Livestream from Operating Waste-Sorting Facility

Published

on

By

DONGGUAN, China, Oct. 23, 2026 /PRNewswire/ — DataBeyond showcased PICKINGMAN, its embodied AI robot for mixed municipal solid waste sorting, during the robot’s first global public livestream at 8 a.m. Beijing time on October 22. The broadcast took place at the Liaobu Municipal Solid Waste Integrated Treatment Center in Dongguan.

Built for Waste-Sorting Conditions

The broadcast demonstrated the robot working on an operating sorting line, highlighting the application of embodied AI to demanding industrial tasks involving mixed materials, dirty conditions and repetitive manual labor. PICKINGMAN began operating at the facility on September 22.

PICKINGMAN features dual arms with a total of 14 degrees of freedom, IP65-rated dust and water protection, and a maximum picking rate of 3,600 picks per hour. Designed to support continuous 24/7 operation, it can sort recyclables including PET bottles and trays, PP containers, PE items, aluminum cans and glass. It coordinates perception, decision-making and motion control to identify and pick target materials on a moving conveyor.

Project Results

Jointly developed by DataBeyond and Guangdong Dongshi Environment Co., Ltd., the Liaobu project combines robotic picking with AI optical sorting and other processing equipment. According to project data, the complete sorting line can process 50 metric tons of mixed municipal solid waste in four hours, achieving approximately 35% waste reduction and 25% resource recovery. Previously, sorting recyclables from the same volume required four skilled workers working for eight hours.

The integrated line separates recyclables for downstream recovery before residual waste is compressed and sent for further treatment, connecting resource recovery with existing waste management operations.

Workforce Benefits and Next Steps

For operators facing recruitment and retention challenges, robotic picking offers an alternative to repetitive manual sorting. The project aims to reduce workers’ direct contact with waste and enable personnel to focus on equipment inspection, production coordination and other technical roles.

“During the livestream, we identified areas where the robot still needs improvement,” said DataBeyond’s Mo Zhuoya. “Bridging the gap between R&D and industrial deployment requires engineering experience. We will accelerate product iteration and conduct longer global livestreams.”

About DataBeyond

DataBeyond develops AI-powered optical sorting equipment and robotic solutions for recycling and solid waste processing. The company integrates AI and multisensor technologies to improve material separation and support resource recovery.

Media Contact

Felix WU
marketing@databeyond.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/databeyond-showcases-pickingman-in-global-livestream-from-operating-waste-sorting-facility-302918041.html

SOURCE DataBeyond

Continue Reading

Trending