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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 June 2024 – The FIDO Alliance is thrilled to announce the lineup for its highly anticipated second FIDO APAC Summit, set to take place at the JW Marriott Kuala Lumpur on September 10-11, 2024. Co-hosted by SecureMetric Technology and supported by Malaysia Digital Economy Corporation (MDEC) and CyberSecurity Malaysia, this premier event is dedicated to advancing phishing-resistant FIDO […]

Kuwait Financial Centre Markaz, a prominent figure in the MENA region’s asset management and investment banking scene, has solidified its position as a leader in global real estate investment. The company boasts a history of accomplishment, having executed over 95 projects valued at more than USD 2. 3 billion across various markets and property types in the US and Europe. Markaz’s commitment to delivering exceptional value to […]

SINGAPORE – Media OutReach Newswire – 28 June 2024 – In the competitive realm of Forex trading, Phillip MetaTrader 5 introduces zero spreads and zero commission on the AUD/USD currency pair, aiming to redefine the trading experience. Delve into the intricacies of the AUD/USD pair, influenced by economic indicators, technical trends, and global events. This article provides valuable insights into its volatility drivers and effective strategies for […]

By Tajul Islam On June 25, Liu Jianchao, the visiting Minister of the International Relations of the Communist Party of China (CPC)’s Central Committee reaffirmed China’s commitment to fostering extensive cooperation with Bangladesh. During a courtesy call on Bangladesh President Mohammed Shahabuddin at the Bangabhaban, Liu emphasized China’s dedication to bolstering development ties and assured that China would continue to support Bangladesh’s growth in various sectors. The relationship between […]

Proposed a final dividend of HK2.0 cents per share Highlights: Revenue generated from provision of system support and software solution services increased by 26.9% to approximately HK$87.7 million. Gross profit increased by 32.9% to approximately HK$62.2 million. Net profit increased by 61.8% to approximately HK$31.2 million. Earnings per share was HK6.51 cents. The Board recommended the payment of final dividend of HK2.0 cents per share. HONG KONG […]

The stage is set for a thrilling climax to the T20 World Cup as India and South Africa lock horns in the final. While both teams boast exceptional talent, experts predict India has the edge, thanks to their consistent batting lineup and well-rounded bowling attack. India’s batting has been the bedrock of their success throughout the tournament. Rohit Sharma, the experienced opener, has provided a solid foundation […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The escalating global climate crisis and frequent extreme weather events demand urgent action. Hong Kong must play a significant role in addressing climate change, as highlighted by last year’s heavy rainstorm. The World Green Organisation’s (WGO) “ESG Xchange 2024: ESG for Climate Actions International Summit” will focus on ESG standards, carbon neutrality, and sustainability. The […]

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Arabian Post Staff -Dubai Singapore’s DBS Bank and Dubai-based Mashreq Bank have announced a collaboration to revolutionize cross-border payments for Mashreq’s retail customers. This partnership will enable near-instant, same-day international money transfers to select markets across Asia Pacific, Europe, and the Americas. The initiative leverages DBS’s established cross-border payment solution, DBS Globesend. This platform facilitates cost-effective and transparent international transactions in up to 132 currencies across 190 […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The Chinese University of Hong Kong (CUHK) is thrilled to welcome rising star Beatrice Valerina Djayasaputra to its prestigious Global Economics and Finance (GLEFN) programme. This determined Indonesian scholar is already making waves with her impressive achievements and inspiring insights. Beatrice graduated at the top of her class from the renowned SMAK 1 BPK Penabur […]

HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – This MSME Day, Tradewind Finance, a global trade finance provider, is celebrating the thousands of SME customers it has served over the years with reliable capital to grow and thrive. Dubbed the “backbone” of economies, micro, small and medium-sized enterprises (MSMEs) make up 90% of businesses globally and account for over 70% of jobs worldwide, […]

The Central Bank of the United Arab Emirates (CBUAE) has announced the implementation of a groundbreaking Open Finance Regulation. This framework aims to solidify the foundation for secure and efficient open finance services, fostering innovation and propelling the UAE to the forefront of the financial technology (FinTech) landscape. Unveiled on April 15, 2024, the regulation outlines a comprehensive approach to governing the licensing, supervision, and operation of […]

The Islamic bond market, also known as the sukuk market, in the Middle East and North Africa (MENA) region has experienced a significant surge in the first half of 2024. According to data from Bloomberg’s Capital Markets League Tables, issuance volume jumped by 48% compared to the same period last year, reaching a total of $6. 2 billion. This growth is attributed to a confluence of factors. […]

Arabian Post Staff -Dubai The Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the Middle East and North Africa (MENA) region, has solidified its position as a key market player by finalizing the acquisition of a 32. 6% stake in DME Holdings Limited. DME Holdings Limited is the parent company of the Dubai Mercantile Exchange (DME), a prominent international commodities exchange. This […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 June 2024 – AI-driven solutions mushroom in the investment sector, driven by superior cost-efficiency and the general public’s unflagging interest in disrupting innovations. In this article, the experts at Octa, a global financial broker since 2011, describe the current landscape, dynamics, and directions of revolutionary changes that unfold before our eyes in FinTech and investing as AI technologies […]

The United Arab Emirates (UAE) is revamping its approach to infrastructure development and financial innovation through a two-pronged strategy. Recent government actions establish a more efficient framework for public-private partnerships (PPPs) and create a regulatory sandbox to foster financial technology (fintech) ventures. The Ministry of Finance (MoF) unveiled a Public-Private Partnership Manual outlining a standardized procedure for federal entities to collaborate with private businesses on strategic projects. […]

LONDON, UK – Newsaktuell – 26 June 2024 – A decline in effective national governance and the “long-term scars” caused by austerity measures and Brexit have stifled economic growth and undermined social cohesion in the United Kingdom, according to a study. Rishi Sunak and Ursula von der Leyen: British Prime Minister Rishi Sunak met with European Commission President Ursula von der Leyen to work on Brexit negotiations […]

Android users, particularly those in Canada, France, Italy, Spain, Turkey, the United Kingdom, and the United States, should be on high alert. Cybersecurity researchers have identified a resurgence of the infamous Medusa banking trojan, now sporting a stealthier design and a wider range of malicious capabilities. First discovered in 2020, Medusa, also known as TangleBot, has a history of targeting financial institutions and their customers. This latest […]

The notorious Android banking trojan, Medusa, has resurfaced after a period of relative dormancy. Researchers at Cleafy, an online fraud management company, discovered a new variant of the malware targeting users across seven countries, including Canada, France, Italy, Spain, Turkey, the United Kingdom, and the United States. First identified in 2020, Medusa, also known as TangleBot, has a proven track record of wreaking havoc on Android devices. […]

By Mriganka M Bhowmick It has been a dream run for developers and investors in Delhi NCR over the last two years in luxury residential real estate. The year-on-year price rise of new launches has been no less than 20%. A steep and steady increase in prices has brought cheers to developers and investors alike. […]

China’s financial regulators are looking into easing limitations on how much insurance companies can invest in venture capital (VC) funds. This move could provide a significant boost to China’s startup ecosystem by introducing a new wave of capital. Currently, Chinese insurance firms face limitations on the amount they can allocate towards VC investments. This regulation aims to safeguard policyholders’ funds by mitigating risk. However, it also restricts […]

James M Dorsey Even by Israeli standards, Uri Tzafon (Awaken North) is a far-right fringe group. Amid mounting tension with Lebanese Shiite political group and militia, Hezbollah, along the Lebanon-Israel border, Uri Tzafon is calling for Israeli settlement of southern Lebanon. The group has yet to gain traction. Uri Tzafon’s membership is in the low teens. Less than 300 people attended the group’s recent online conference. Few, if […]

Almar Water Solutions, a subsidiary of the prominent Saudi Arabian conglomerate Abdul Latif Jameel, has set its sights on a partnership with Chilean mining giant Codelco. The target?A collaborative effort to tackle the Maricunga lithium project, a potential boon for the electric vehicle battery market. This news comes amidst a global scramble for lithium, a key component in electric vehicle batteries. The surge in demand is fueled […]

Arabian Post Staff -Dubai HSBC has picked the United Arab Emirates (UAE) as the springboard for its innovative digital trading platform, WorldTrader. This move caters to the rising demand for international investment opportunities among HSBC’s Wealth and Personal Banking (WPB) clients. WorldTrader empowers users with a gateway to a diverse selection of investment options, encompassing up to 80% of the world’s stock market capitalization. Through this user-friendly […]

First quarter revenue of US$22.2 million, up 24% Year-Over-Year SINGAPORE – Media OutReach Newswire – 25 June 2024 – MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended March 31, 2024. Management Commentary: Rohith Murthy, Chief Executive Officer, stated, “I am pleased to report […]

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