logo
Vox Cinemas to screen ‘Thank You For Banking With Us' in Qatar

Vox Cinemas to screen ‘Thank You For Banking With Us' in Qatar

Broadcast Pro3 days ago

The film is a joint German-Palestinian production that delves into themes of female empowerment and familial struggle.
Vox Cinemas in Qatar will organise three screenings of Palestinian filmmaker Laila Abbas's first feature film, Thank You For Banking With Us, from June 26 to 28 at 7 pm.
The drama explores themes of female empowerment through the story of sisters Mariam and Noura, who, after their father's death, devise a plan to secure a large sum of money he left behind. Their scheme aims to outmanoeuvre their brother, who is legally entitled to half of the inheritance.
Laila Abbas described the film as a narrative about the strength of womanhood and the importance of emotional and physical unity among women. 'It's a story about sisters who, having endured their own tragedies and heartbreaks, come together to become stronger,' she said.
Thank You for Banking With Us! is a joint German-Palestinian production, written, directed and produced by Abbas through her Ramallah-based company Young Oak Productions. Co-produced by Hanna Atallah of Palestine Cinema Days and Roshanak Behesht Nedjad of Berlin's In Good Company Films, the film is being handled for worldwide sales and distribution by MAD World.
MAD Solutions and Lagoonie Film Production, the Cairo and Riyadh-based production entity, have also teamed up to co-produce Thank You for Banking With Us!
Thank You for Banking With Us! has received support thus far from the El Gouna Film Festival in 2018 through four $10,000 grants from ART, Cedars Productions, O Three Productions and Metafora respectively. Moreover, it won the In-Development Award from the CineGouna Platform and was supported by the Arab Fund for Arts and Culture as well as the Doha Film Institute's 2023 edition of the Qumra Initiative.
With additional funding from German film funds (Mitteldeutsche Medienförderung, and the Medienboard Berlin-Brandenburg), and the Hubert Bals Plus Europe of International Film Festival Rotterdam, Thank You for Banking With Us! stands as a testament to the power of collective artistic vision. Notably, it was also among the winners of the Red Sea Fund's third cycle.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UAE Fund Backs Trump-Linked Crypto with $100m Governance Stake
UAE Fund Backs Trump-Linked Crypto with $100m Governance Stake

Arabian Post

time17 minutes ago

  • Arabian Post

UAE Fund Backs Trump-Linked Crypto with $100m Governance Stake

Arabian Post Staff -Dubai A UAE-based investment vehicle, Aqua 1 Foundation, has acquired $100 million in governance tokens from World Liberty Financial, the cryptocurrency venture affiliated with the Trump family, making it the most prominent publicly disclosed investor to date. The move, confirmed by both parties, signals a strategic push to accelerate the creation of a blockchain-based financial ecosystem built on stablecoins and tokenised real-world assets. Aqua 1 described the allocation of governance tokens—known as WLFI—as an opportunity to contribute to decisions on the platform's development. Although WLFI is currently non-transferable, World Liberty has confirmed it is 'working behind the scenes' to enable trading functionality. At the Permissionless conference in Brooklyn, WLF co‑founder Zak Folkman stated that WLFI could soon be tradable, with the stablecoin set for an independent audit 'within days'. ADVERTISEMENT Dave Lee, founding partner at Aqua 1, emphasised the synergy expected from the partnership, citing plans to jointly identify and foster high‑potential blockchain initiatives. The intention is to integrate WLF's USD1 stablecoin infrastructure into global commercial payments and treasury systems. The move marks Aqua 1 as a key bridge between traditional finance and decentralised finance, aligning with its ambition to extend influence into South America, Europe, Asia and Middle Eastern markets. Despite its substantial investment, Aqua 1 has maintained a low profile. Reports indicate its web presence is minimal—with just a handful of social media posts and evidence of a website only registered on 28 May. WLF, launched in late 2024 by Donald Trump, three of his sons and associate Steve Witkoff, has raised well over half a billion dollars through token sales. The Trump family controls a significant stake—around 60% ownership and 75% of net token sales revenue—raising concerns over conflicts of interest. Democratic lawmakers and ethics watchdogs have repeatedly voiced apprehension that these financial interests may influence policy, amid reports that WLF proceeds reached hundreds of millions of dollars. WLF's stablecoin, USD1, is 100% backed and supported by U.S. dollar reserves, including Treasuries, and has already drawn sizeable institutional backing. In May, an Abu Dhabi firm used USD1 in a $2 billion transaction with Binance, while WLF prepares to publish an attestation of its stablecoin reserves as part of forthcoming audit disclosures. The institutionalisation of WLFI governance aligns with the platform's roadmap, which includes plans to launch a consumer‑friendly mobile app to streamline access to its digital ecosystem. The expected transition to transferable governance tokens is likely a precondition to broader distribution and potential listings on third‑party exchanges. Regulatory scrutiny remains a key challenge. Critics argue that WLF's entanglement of private financial interests with public office contradicts norms protecting against foreign influence. At least one senator has raised concerns after the Abu Dhabi stablecoin transaction. Additional worries stem from the Trump administration's shift toward crypto deregulation, a change that coincides with WLF's rise, prompting concerns from ethics groups about policy bias favoring the platform. That overlap of influence has fuelled broader debates in Congress. Legislators have begun proposing amendments such as the GENIUS Act, which would regulate stablecoins more robustly, and restrictions on digital asset investments by sitting presidents. Observers note that WLFI's new status and Aqua 1's involvement could sharpen the need for regulatory clarity and transparency around token governance. Meanwhile, WLF's expansion plans are proceeding apace. The platform is reportedly developing a Middle East‑based Aqua Fund to support digital economy projects leveraging blockchain and artificial intelligence. The collaboration is expected to produce tokenisation platforms such as BlockRock, targeting institutional asset-digitisation markets. Aqua 1's governance stake marks a turning point. By becoming the lead institutional backer, the foundation now holds significant influence over decisions shaping WLF's evolution. With token transferability and app launches on the horizon, WLFI stands poised for a new phase of adoption—though progress will likely be watched closely by regulators and investors alike.

Germany's Volkswagen to increase stake in US electric carmaker Rivian
Germany's Volkswagen to increase stake in US electric carmaker Rivian

Al Etihad

timean hour ago

  • Al Etihad

Germany's Volkswagen to increase stake in US electric carmaker Rivian

WOLFSBURG, GERMANY (dpa) German car giant Volkswagen is set to increase its stake in electric vehicle maker Rivian with a planned second payment of $1 billion due this Monday, after the US-based company recently achieved key financial targets in early May. The payment will increase Volkswagen's stake in the company, which stands at 8.6% after an initial $1 billion investment last year. The cash injections are part of a broader cooperation agreement under which Volkswagen has pledged up to $5.8 billion to Rivian. This strategic investment gives Volkswagen access to Rivian's advanced electric vehicle (EV) architecture - technology the German carmaker hopes will help resolve persistent software development challenges that have delayed its own EV launches in the past. Rivian, founded in 2009, has faced financial difficulties in recent years but has now reported gross profits for two quarters in a row. This allowed Volkswagen to release the latest $1 billion payment. However, Rivian still recorded a net loss of $541 million in the last quarter, though this was much lower than the $1.445 billion loss previously reported. Future payments from Volkswagen will depend on the achievement of additional technological milestones, with the next $1 billion trance scheduled for mid-2026 and a final $500 million expected in 2027 when Volkswagen plans to launch its first vehicle featuring Rivian's technology. Of Volkswagen's total $5.8 billion commitment, $3.5 billion is earmarked for acquiring Rivian shares, which could eventually make Volkswagen the company's largest shareholder, surpassing current majority stakeholder Amazon. The remaining $2.3 billion will be invested in the joint venture Rivian Volkswagen Technologies, launched in late 2024. This venture will focus on developing a new electronic architecture and software platform for electric vehicles, which will be shared by both partners.

Channel 4 to show Gaza war crimes documentary rejected by BBC
Channel 4 to show Gaza war crimes documentary rejected by BBC

Middle East Eye

time10 hours ago

  • Middle East Eye

Channel 4 to show Gaza war crimes documentary rejected by BBC

Channel 4 will broadcast Gaza: Doctors Under Attack, a documentary laying out damning allegations that Israeli forces systematically targeted Gaza's hospitals and medical staff throughout their military campaign—allegations which would amount to grave breaches of international law. "This is a meticulously reported and important film examining evidence which supports allegations of grave breaches of international law by Israeli forces," said Louisa Compton, Channel 4's Head of News and Current Affairs. "It exemplifies Channel 4's commitment to brave and fearless journalism," she added, announcing the move on Saturday. Produced by Basement Films and originally commissioned by the BBC—before it was dropped—the film was later reviewed, verified and approved by Channel 4 following rigorous editorial checks. Gaza: Doctors Under Attack will be shown on Channel 4 at 10pm GMT on Wednesday, 2 July. The programme offers deeply disturbing footage and testimonies that show Gaza's doctors and paramedics were not only denied the protections afforded to health officials under international law but were also actively hunted, imprisoned, and even tortured by the Israeli army. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters The documentary reveals that every one of Gaza's 36 main hospitals has now been either damaged or destroyed. Staff have been forced to flee, and patients were reportedly abandoned under gunfire. "Their hospitals have become combat zones, their very operating theatres conscripted into the military theatre," Compton said. 'This documentary presents evidence that Israel's armed forces have deliberately dragged those offering medical aid into the frontline' Louisa Compton, Channel 4 In a conflict that has already seen over 200 Palestinian journalists and media workers killed, Basement Films dedicated the film to their Palestinian colleagues on the ground. "We owe everything to them and the medics who trusted us with their stories," the company said, acknowledging the emotional and logistical toll the film's production took. Compton, in a personal piece reflecting on the documentary's significance, said: "Few situations in the world today have illustrated the duty of journalism more clearly than the 7 October massacres and the months of Israeli assault on Gaza that followed." "In [a] video that is terribly hard to watch and with testimony delivered through tears and anguish, this documentary presents evidence that Israel's armed forces have deliberately dragged those offering medical aid into the frontline," said Compton. The documentary, she noted, confronts the reality that both sides accuse each other of weaponising medicine—Israel claims Hamas hides behind hospitals, while Palestinian authorities say Israel deliberately attacked those same facilities. "The result is harrowing, no doubt. It will make people angry, whichever side they take—or if they take no side," Compton added. "But we believe there are times when the greater risk is in silence." 'No moral or professional reason' The documentary was ready to broadcast in February but was pulled because of a scandal that erupted over another BBC documentary on children in Gaza, entitled How to Survive a Warzone. Britain's public broadcaster said it would broadcast Gaza: Medics Under Fire after the review into the earlier documentary was concluded. But earlier this month, the BBC announced it would not air the film. "We have come to the conclusion that broadcasting this material risked creating a perception of partiality that would not meet the high standards that the public rightly expect of the BBC," the broadcaster said in a statement. Basement Films, the company which produced the documentary, had previously questioned the BBC's decision to delay the broadcast, saying, "There is no moral or professional reason why a mistake in one film should repeatedly prevent the release of another film." In a statement, Basement Films said: "We would like to thank the Doctors and contributors and survivors, and to apologise for not believing them when they said the BBC would never run a film like this. It turned out they were right." The BBC did not explain in its statement why the film would not have met "the high standards that the public rightly expect of the BBC". Basement Films said that the BBC "gave us no less than 6 different release dates" after having "told us several times verbally and by email" that the film "had been approved for broadcast".

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store