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Sarwa Helps UAE Residents Easily Invest In Global Stocks

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sarwa now helps uae residents invest in global stocks

Sarwa, the UAE-based online investment platform that is democratizing investing in the region, allows anyone to invest small amounts of money in global markets making investing simple and affordable for all investors in the Middle East.

Thanks to modern technology, lucrative investment opportunities are no longer available only to individuals with traditional access to stock markets. These days, there are many apps that let inexperienced and seasoned investors alike sit on a couch and invest their hard-earned money using nothing but a smartphone, and Sarwa is one of them.

The investment platform launched in February 2018 after raising over $1.3 million from regional and global investors during a pre-Series A. “We’re so excited to close this round with the top VCs regionally and internationally that are backing Sarwa in its growth,” said Mark Chahwan, CEO and co-founder of Sarwa, at the time.

sawra online investment platform founders

Sarwa Founders

Fast-forward to today, and Sarwa has over 25,000 registered users, who use it to invest in international stock markets through a range of class assets. Sarwa caters to everyone regardless of their net worth: the platform has high net worth individuals, mass affluent as well as small retail investors. The same users will soon be able to trade with global shares without paying any commission on their trades.

What separates Sarwa from other investment platforms that are licensed to operate in UAE, such as Wealthface or Stashaway, is its AI-driven hybrid nature and exceptional customer support. The app platform uses artificial intelligence to recommend a specific investment portfolio based on each investor’s preferences and investment priorities while also providing their client base with access to humans when needed.

Also Read: Anghami Becomes First Arab Tech Company To List On NASDAQ

“When you start investing with Sarwa, we assess your risk profile and recommend a diversified portfolio that reflects it,” explains Chahwan. “If you are a short-term investor, then your portfolio will inherently be less risky. If you are in a portfolio that has more exposure to stocks, which is considered more growth and more risk, then you are in it for the long-term and the short-term (even if it is a couple of years) won’t have an impact on your long-term strategy.”

In its beta form, access to global stock trading will be provided exclusively to Sarwa Invest customers, but other Sarwa users can enter a waiting list to join when the full product is launched.

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Samsung’s New Exynos 2200 Smartphone Chip Comes With AMD Xclipse GPU

The new GPU will enable next-level mobile gaming experiences, support 200 MP camera sensors, and ensure smooth performance under all circumstances.

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samsung's new exynos 2200 smartphone chip comes with amd xclipse gpu

Samsung’s Exynos smartphone series of ARM-based system-on-chips (SoCs) traditionally comes with Mali GPUs, but the company’s new premium SoC is breaking this tradition by featuring an Xclipse GPU with AMD’s RDNA 2 graphics architecture.

The new GPU, together with 8 Armv9 CPU cores (1 powerful Cortex-X2 core, 3 balanced Cortex-A710 cores, and 4 efficient Cortex-A510 cores) and an upgraded neural processing unit (NPU), are supposed to enable next-level mobile gaming experiences, support camera sensors with a resolution of up to 200 MP, and generally ensure smooth performance under all circumstances.

“Built on the most advanced 4-nanometer (nm) EUV (extreme ultraviolet lithography) process, and combined with cutting-edge mobile, GPU and NPU technology, Samsung has crafted the Exynos 2200 to provide the finest experience for smartphone users” said Yongin Park, President of System LSI Business at Samsung Electronics.

Samsung named its new GPU “Xclipse” to reflect the fact that it’s positioned between console and traditional mobile graphic processors. The South Korean conglomerate believes that the GPU will bring an end to the old era of mobile gaming and usher in a new era characterized by features that have until now been associated primarily with PC gaming, such as hardware-accelerated ray tracing and variable rate shading.

Also Read: BlackBerry Has Officially Pulled The Plug On Older Devices

According to David Wang, Senior Vice President of Radeon Technologies Group at AMD, the Xclipse GPU is the first result of multiple planned generations of AMD RDNA graphics in Exynos SoCs, so fans of Samsung smartphones have a lot to look forward to in the future.

In addition to the already mentioned performance-oriented improvements, the Exynos 2200 integrates a better 5G modem capable of achieving speeds of up to 10 Gbps by utilizing both 4G LTE and 5G NR signals at the same time. The SoC’s Integrated Secure Element (iSE) can safely store cryptographic information for enhanced data security and privacy.

The Exynos 2200 is currently being mass-produced, and it’s expected that it will be one of the main selling points of the upcoming Galaxy S22 smartphone.

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