Finran Spearheads Digital Innovation and Collaboration at GITEX Global 2023

October 28, 2023

In a significant stride towards fostering global collaborations and advancing digital technology, Finran, in conjunction with the Minister of Communications and Digital, YB Fahmi Fadzil, and the Malaysia Digital Economy Corporation (MDEC), marked their presence at the prestigious GITEX Global 2023 event held in Dubai.

The event served as a platform for Finran to unveil its vision for strengthening ties with the Commonwealth of Independent States (CIS) Region and expanding the digital landscape of Malaysia. This monumental collaboration brought together key stakeholders in the quest for innovative, cross-border growth.

The partnership aimed to jointly promote and support digital technology for companies and organizations in both the CIS Region and Malaysia, underlining a commitment to driving digital innovation and growth across international boundaries. Additionally, recognizing the potential of innovative digital technology companies within the CIS Region, Finran and MDEC sought to attract these entities to enter the Malaysian market. This endeavor not only broadens the horizon for digital innovation in Malaysia but also opens the door to international collaboration.

Another pivotal aspect of the collaboration was the commitment to nurturing businesses from the CIS Region within the Malaysian market. This approach ensures a symbiotic growth trajectory for both foreign and local companies, establishing a win-win situation for all parties involved. The partnership extends beyond business and commerce, encompassing a commitment to supporting the adaptation of innovative technologies in Malaysia, upskilling the local talent pool, and fostering the development of innovative and scalable business models. This holistic approach positions Malaysia as a hub for digital innovation and talent development.

During their participation at GITEX Global 2023, Finran, represented by its Director, Daler Fayziev, had the privilege of engaging in discussions with Minister YB Fahmi Fadzil. These discussions were instrumental in addressing potential challenges faced by companies from the CIS Region when entering the Malaysian market.

One significant challenge that was deliberated upon was the ease of establishing visas and bank accounts for foreign companies. The complexities and hurdles surrounding these aspects were thoroughly examined, with a commitment to streamlining and simplifying these processes. This proactive approach ensures that foreign companies find a welcoming environment when venturing into Malaysia, removing barriers to entry and fostering a conducive business ecosystem.

In conclusion, Finran’s participation in GITEX Global 2023, alongside the esteemed Minister YB Fahmi Fadzil and MDEC, is a testament to their dedication to advancing digital technology and driving international collaboration. With visionary leadership and a proactive approach to challenges, Finran is poised to shape the digital future of Malaysia and the CIS Region, cementing its role as a key player in the global digital arena.