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Trescon’s CARE series launches in Riyadh, powering Saudi Arabia’s $266 billion vision for a sustainable future

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Riyadh, Saudi Arabia, 7th July 2025, ZEX PR WIREIn response to Saudi Arabia’s ambitious clean energy and sustainability vision and the global urgency for climate solutions, Trescon proudly unveils the KSA edition of CARE – the Climate Action & Renewable Energy Expo, debuting in Riyadh on 8–9 December 2025. As a cornerstone of the global CARE series — alongside editions in India and Dubai — the KSA edition is dedicated to advancing climate action, clean energy adoption, and sustainable finance through meaningful public-private collaboration. With 10,000+ attendees, 950 investors, 225 sponsors, and 200+ global speakers expected across the series, CARE is built for action, driving transformative dialogue, deal-making, and cross-border partnerships across more than 100 countries. 

The series opened with the CARE Dialogues on 24 June 2025 – an exclusive, invite-only session, held in Dubai under the theme “Green Finance and Beyond: Driving ESG Across Sectors.” Powered by Emtribe, the event convened senior leaders from finance, policy, and technology to explore practical strategies for embedding ESG into core business models.  

 “As a partner of CARE, we’re proud to back a platform that focuses on what really matters — getting the right people in the room and driving honest, outcome-focused conversations,” said Mohammed Saleem, Founder of Emtribe. He continued, “There’s a lot of talk in this space. CARE stands out by pushing for action that’s practical, collaborative, and needed.” 

As the first official prelude to CARE, the session set the tone for cross-sector collaboration and is helping shape a summit agenda grounded in real-world priorities and regional relevance. 

Saudi Arabia is driving a transformative energy shift. Under Vision 2030, the Kingdom has committed over $266 billion to renewable energy and sustainable development, aiming for 50% renewable electricity by 2030 (Reuters). From green hydrogen initiatives to expansive solar parks and giga-projects like NEOM, these efforts are redefining the region’s energy and economic future. CARE KSA emerges as a vital platform to amplify this progress, uniting key public and private sector players, accelerating project momentum, and showcasing global innovations aligned with Saudi Arabia’s sustainability ambitions.  

Speaking about the series, Naveen Bharadwaj, Group CEO of Trescon, said: “CARE KSA will bring together global innovators and Saudi stakeholders to accelerate tangible outcomes in renewables, climate tech, and green finance. Our goal is to help turn the Kingdom’s bold vision into implemented, bankable projects.” 

Each CARE edition features keynotes, panel discussions, policy roundtables and workshops, dialogues, and a dynamic exhibition floor showcasing next-gen solutions in solar, wind, green hydrogen, water, climate finance, and carbon markets. CARE KSA will also host the ClimateTech World Cup, a global pitch competition spotlighting early-stage innovations in climate adaptation, energy storage, carbon capture, and circular economy. Finalists will pitch live to international investors and corporates, accelerating the deployment of scalable, high-impact solutions. 

CARE is guided by the Global CARE Alliance, a high-level advisory board featuring sustainability leaders including: 

  • Dr. Waleed Alkalash, Former Deputy Minister for Labor Policies / CEO Ministry of Labour / Business Consulting & Services, KSA 
  • Adnan Bin Abdulrahman Alalyani, Director General Environmental Technologies, National Center of Environmental Compliance, KSA 
  • Nizar Kammourie, CEO SAWACO Water & Board Member – ESG Committee at The American Chamber of Commerce Saudi Arabia (Amcham), KSA 
  • Julie Newman, Director of Sustainability, Massachusetts Institute of Technology (MIT), USA 
  • Erik Solheim, Former Minister of Environment, & Former Under Secretary General, UNEP, Norway 
  • Dr. Abdullah Belhaif Al Nuaimi, Former Minister of Environment UAE, and others 

Their combined experience grounds CARE in global best practice and helps shape meaningful outcomes for each host region. 

As Saudi Arabia doubles down on its net-zero commitment and climate financing mechanisms, CARE KSA arrives at a pivotal moment — offering a focused platform to turn vision into execution, capital into projects, and ideas into large-scale impact. 

For more information, visit www.careforsustainability.com 

For further enquiries, contact:  

Shadi Dawi 

Global Director 

PR, Corporate Comms. & Media Relations 

M: +971 55 498 4989 | E: shadi@tresconglobal.com 

About CARE 

CARE (Climate Action & Renewable Energy Expo) is a global initiative by Trescon focused on delivering tangible outcomes in climate and clean energy. It is a high-impact marketplace for ideas, capital, and partnerships, bringing together key stakeholders to accelerate sustainable infrastructure, scale climate technologies, and mobilise climate finance. By aligning public and private sector agendas, CARE drives the projects, policies, and investments that power real progress on global climate goals. 

About Trescon 

Trescon is a global business events and consulting firm that builds influential forums connecting governments, business leaders, investors, and innovators across FinTech, AI, sustainability, and emerging technologies. With a portfolio of flagship summits including the Dubai FinTech Summit, Dubai AI Festival, DATEwithTech, HODL, and the World FinTech Show, Trescon is known for catalysing bold ideas, strategic alliances, and real-world outcomes in high-growth markets. 

Key themes at CARE 

  • Climate action & decarbonisation 
  • Renewable energy & CleanTech 
  • Sustainable finance & ESG 
  • Cities & infrastructure 
  • Water & oceans 
  • Circular economy 
  • Mobility & transport 
  • Food security & agriculture 

Media partners include: Khaleej Times | Entrepreneur ME | FinTech Times | Finance World Magazine | Daily Hunt | American Bazaar | Arabian World Magazine | One Arabia | Bayt Magazine | DSRPTD | One-FS.com | The Blockopedia | H2 News | Green Review | Sustainable Finance Daily | Climate Tech Review | Sustainable Packaging News | Sustainable Times | Breaking AI News | ACN Newswire | ZEX PR Wire | TechRevolt 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Shah Venture Fund Announces “Asian Women in AI, a Shah Fellowship” to Train and Back 100 Female Engineers Across South Asia

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DALLAS, Texas—July 7, 2025 — Shah Venture Fund, the early-stage investment arm of Shah Equity, today unveiled a major talent program aimed at narrowing one of technology’s most stubborn gaps: the under-representation of women in advanced artificial-intelligence engineering. Branded “Asian Women in AI, a Shah Fellowship,” the initiative will recruit, train and fund 100 high-potential female AI engineers from India, Pakistan, Bangladesh, Sri Lanka and the Philippines during its inaugural 2025-2026 cohort.

The announcement marks the first public social-impact deployment of capital by Shah Venture

Fund since the vehicle’s US $10 million self-financed launch in January. Parent company Shah Equity says the fellowship aligns squarely with its long-term thesis that “talent arbitrage,” not capital scarcity, will decide the next decade of AI hardware, edge computing and medical-diagnostic breakthroughs.

“In every emerging market we study, the most overlooked undervalued asset is female technical talent,” said Noorullah Shah Hussaini, founder and CEO of both Shah Equity and Shah Venture Fund. “The math is simple: if a startup can hire a brilliant woman who has been systematically excluded from top roles, its cost curve drops and its innovation velocity climbs. That is arbitrage we can—and should—capture for shareholders, for communities and, frankly, for history.”

A region-wide gender gap hiding in plain sight

According to UNESCO Institute for Statistics, women make up less than 18 percent of AI professionals in South Asia. In Pakistan the share falls to single digits; in India, where overall tech employment exceeds five million, only 12 percent of staff working on machine-learning infrastructure are female. The shortfall is more acute at the senior level: fewer than 3 percent of principal engineers at India’s nine largest AI product companies are women.

Shah Equity’s in-house research team, which tracks salary and equity trends across 16 emerging-market cities, estimates that closing half of the region’s gender gap could unlock US $42 billion in annual productivity gains. “For us, this isn’t charity,” said Hussaini. “It’s a miss-priced growth asset.”

Fellowship package: cash, compute and career leverage

Each fellow will receive:

  • US $15,000 in unrestricted living and travel stipends, disbursed in quarterly tranches.
  • 3,000 GPU hours on Shah Equity’s soon-to-open 20,000-square-meter Doha data center—enough to train a 7-billion-parameter model multiple times.
  • health-insurance allowance benchmarked to local leading-tech-employer standards.
  • Direct equity options in Shah Venture Fund’s portfolio companies where fellows contribute code or research, vesting over three years.
  • Co-author credit on any peer-reviewed paper, patent or open-source contribution emerging from fellowship work.
  • Visa-facilitation support for short-term residencies in Dallas, Abu Dhabi or Shenzhen, the three engineering hubs of Shah Equity.

Selection methodology: hackathon first, interview second

Applications open September 1 on Kaggle, the Google-owned machine-learning competition site. Candidates will tackle a two-week “medical-imaging triage” challenge using an anonymized endoscopy dataset donated by Shah Health Partners. The top 300 leaderboard scores will then move to a panel interview with Shah Venture Fund engineers and external reviewers from MIT-IBK Islamabad and IIT-Hyderabad.

Final selection will weight Kaggle scores (50 percent), collaborative code-quality metrics (20 percent), and a 10-minute personal pitch (30 percent) outlining how each candidate intends to apply AI in her home market.

“We’re not interested in résumé pedigree,” noted Amina Rahman, principal data scientist at Shah Venture Fund and chair of the selection committee. “We care about code, curiosity and community impact.”

Long-term upside: building equity, not merely granting scholarships

Once fellows graduate, they will be funneled into three tracks:

  1. Portfolio placement — full-time roles at Shah-backed startups in micro-LLM acceleration chips, edge-vision IoT modules and drug-discovery software.
  1. Research affiliate — fully funded Ph.D. or post-doc positions at partner universities; fellows retain compute credits for personal projects.
  1. Founders-in-Residence — a pre-seed path that offers US $250,000 in safe-note funding plus 5 percent equity buy-back rights if a fellow’s company later raises institutional capital.

In every track, option pools entitle fellows to as much as 1 percent of fully diluted equity, a figure modeled on Y Combinator’s alumni payouts but with a specific female-founder tilt.

UN Women endorsement and regional partnerships

UN Women’s Regional Office for Asia and the Pacific issued a letter of support, calling the fellowship “a scalable template for market-based gender inclusion.” Memoranda of understanding have also been signed with:

  • Digital India Foundation, to cross-list Shah competition winners in India’s National AI Fellowship roster.
  • Pakistan Software Export Board, providing wage-subsidy vouchers for fellows joining export-oriented startups.
  • Bangladesh Hi-Tech Park Authority, granting duty-free import status for any hardware prototypes born of the program.

Why Shah Equity—and why now?

Although Shah Equity remains best known for its healthcare roll-ups and the 200-percent-plus annualized returns of Shah Quantum Fund, Hussaini says the firm’s next compounding engine will be “equity in human capital.” The parent company already allocates 40 percent of its venture arm’s US $10 million balance to recruitment packages. The forthcoming US $50 million follow-on fund, slated for Q1 2026, is expected to double that percentage.

“This is not a diversity-dashboard stunt,” Hussaini told analysts on a June strategy call. “Every fellowship slot is a call option on the most under-deployed cognitive resource in emerging markets.”

Independent voices weigh in

Dr. Priya Srinivasan, dean of computer science at IIT-Madras, believes Shah’s approach could alter venture norms. “Traditional VCs view talent spend as SG&A. Shah Venture Fund books it as capex, amortized over patents and product cycles—accounting jiu-jitsu, but rational.”

Mai Nguyen, partner at Ho Chi Minh City-based Ascend Capital, sees the equity clause as game-changing. “Giving fellows stock makes them stakeholders, not beneficiaries. That flips the power dynamic.”

Next steps and timeline

  • Aug 15: Fellowship handbook and eligibility FAQ published.
  • Sep 1–15: Kaggle challenge window.
  • Oct 10: Final interview shortlist announced.
  • Nov 5: Cohort onboarding in hybrid ceremony (Doha + livestream).
  • Dec 2025: First interim research showcase at Shah Equity’s annual AI & Healthcare Summit, Dallas.

Shah Venture Fund will publish anonymized demographic and salary data after each cohort to measure improvements in pay parity and promotion velocity.

ABOUT SHAH VENTURE FUND AND SHAH EQUITY

Shah Venture Fund, launched in January 2025 with self-funded capital from Shah Equity, invests in AI hardware, IoT form factors and data-driven healthcare. Parent firm Shah Equity manages US $42 million in third-party assets, operates 19 clinics through Shah Health Partners, and deploys proprietary trading capital via Shah Quantum Fund.

Media Contact
Company Name: 
Shah Equity
Contact Person: Omar Khan, Director of Communications
Email: info@shah-equity.com
Phone: +1 866-603-0609
Country: United States
Website: https://shah-equity.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Sarvjeet Singh Virk Officially Represents India in the 2025 World Financial Elite Showdown

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The prestigious global financial event, the World Financial Elite Showdown (WFES), has officially confirmed that Sarvjeet Singh Virk will represent India in this year’s competition, joining top financial strategists from 12 nations including the United States, China, Japan, and Germany.

As the Co-founder and Managing Director of Finvasia Group, Mr. Virk is widely recognized for his commitment to fintech innovation and democratized investing. Under his leadership, the Shoonya platform—India’s first zero-commission smart trading ecosystem—has empowered millions of investors across the country.

“I’m honored to represent India on such a dynamic global platform,” said Sarvjeet Singh Virk. “This competition is not just a test of individual financial acumen—it’s an opportunity to showcase the strength of India’s fintech capabilities.”

Mr. Virk will participate in the WFES’s three major competitive segments:

  • Global Macroeconomic Trend Analysis
  • Simulated Investment Portfolio Design
  • Strategic Innovation Proposals in AI, Green Finance, and Blockchain

A frequent contributor to international outlets like CNN-News18 and Financial Express, Virk is known for advocating inclusive, tech-enabled financial transformation. His participation highlights India’s rising influence in the global financial innovation landscape.

The 2025 World Financial Elite Showdown (WFES) will officially commence on July 7 and run through October, adopting a dual scoring system—70% by an expert judging panel and 30% by global audience voting—with the goal of identifying the most forward-thinking and execution-capable financial leaders.

About the World Financial Elite Showdown

The World Financial Elite Showdown (WFES) is a premier global financial competition designed to identify and celebrate the next generation of strategic investment leaders. Featuring real-time market simulations, cross-border collaboration, and cutting-edge financial challenges, WFES unites professionals from 12 countries in a months-long contest from July to October 2025.

Official Website: https://worldfinancialeliteshowdown.com

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Press Release

World AI Show – Indonesia Begins Tomorrow: Jakarta to Host the Region’s Most Anticipated AI Event

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Jakarta, Indonesia ,7th July 2025, ZEX PR WIREThe wait is almost over. Starting tomorrow, World AI Show – Indonesia, hosted by Trescon, will open its doors for a two-day powerhouse gathering of global AI leaders, innovators, policymakers, and startups at the JW Marriott, Jakarta.

Taking place on 8–9 July 2025, this 45th global edition of World AI Show comes at a pivotal moment for Indonesia’s digital transformation. As the country advances its Vision 2045 and national AI roadmap Stranas KA , the summit is set to become a strategic catalyst for innovation, collaboration, and investment.

We are honoured to welcome the Ministry of Industry, Republic of Indonesia, as the Strategic Partner for World AI Show – Indonesia 2025. Their involvement reinforces Indonesia’s commitment to advancing a robust and inclusive AI ecosystem. As the nation accelerates towards its Vision 2045 goals, this partnership ensures the summit drives meaningful public–private dialogue and aligns closely with national digital priorities.

The stage is set for high-impact conversations led by some of the most influential names across government and enterprise. Key speakers include:

  • Hammam Riza, President, KORIKA
  • Eng. Ayu Purwarianti, S.T., M.T, Member of the Indonesia National Task Force for AI Talent Development, Lecturer at Bandung Institute of Technology
  • Arif Ilham Adnan, Co-Chairman, APDI / KADIN Jakarta
  • Eryk Budi Pratama, Vice Chairman for Artificial Intelligence and Personal Data Protection, KADIN
  • Dito Eka Cahya, Ph.D , Head of AIoT & Robotics Lab, Co-Founder BRIN, Forumsatria.ai
  • Ian Tong , Global AI Innovation Officer, Tencent Cloud
  • Alvin Teo, Chief Commercial Officer, ASIX
  • Cornelius Hertadi , VP Cloud Services, Indonet
  • Xiaohui Wang, Global AI Engineering Director, UCloud
  • Ananda Budi Prasetya, VP of Big Data & AI, Alibaba Cloud Indonesia
  • Danny Crayton, Advisor, Loyalytics
  • Ekki Rinaldi , AI Consultant, Ministry of Communications & Digital Affairs, Republic of Indonesia
  • Vincent Henry Iswara, CEO, DANA Indonesia
  • Wilbertus Darmadi, CIO, Toyota Astra Motor
  • Yudhistira Nugraha, Head of Centre for Data & IT, Ministry of Education and Culture

Leaders from Tiket.com, PT Semen Indonesia, ID Food, Sinar Mas Land, Meratus, and more will also contribute to key sessions—ensuring deep cross-sector engagement.

The agenda will cover urgent themes such as ethical AI adoption, GenAI in enterprises, AI for financial services, smart cities, cybersecurity, and the future of the AI-powered workforce.

A major highlight of Day 2 will be the FutureTech World Cup, taking place on 9 July. This high-stakes pitch competition features 15 top startups from across Asia in AI, FinTech, HealthTech, UrbanTech, and Climate Tech. The winning team will receive a direct entry to the Grand Finale at Dubai AI Festival 2026.

With top sponsors like Alibaba Cloud, Tencent Cloud, UCLOUD Global, Blue Power Technology, ASIX, and IDStar, this edition delivers a unique mix of strategic insights and practical use cases across sectors.

Whether you’re a policymaker, startup founder, investor, or enterprise leader, World AI Show – Indonesia offers an unmissable opportunity to plug into Southeast Asia’s rapidly evolving AI ecosystem.

From real-time case studies and investor matchmaking to on-site product showcases and cross-sector collaborations—this is where Indonesia’s AI future takes shape.

For sponsorship opportunities, speaking slots, or delegate passes  please contact: 

 Shrikanth Prabhu
Commercial Director
prabhu@tresconglobal.com
+91 86601 15892 

About Trescon

Trescon is a global business events and consulting firm specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, expos, investor connect and consulting services. For more information, visit: www.tresconglobal.com 

Media Contact

Reeha Haris
PR Executive
reeha@tresconglobal.com
+91 8848655312 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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