By James M. Dorsey The times they are a changin’. Iranian leaders may not be Bob Dylan fans, but his words are likely to resonate as they contemplate their next steps in Iraq, Iraqi Kurdistan, Lebanon, and Azerbaijan. The same is true for Turkish President Recep Tayyip Erdogan. The president’s shine as a fierce defender of Muslim causes, except for when there is an economic price tag […]
HONG KONG SAR – Media OutReach – 22 October 2021 – Cyberport FinTech InnoCon 2021 (the Conference) – a spotlight event of the Cyberport Venture Capital Forum (CVCF) – will be staged online on 1 November (Monday). It will meanwhile kick off the sixth Hong Kong FinTech Week. Themed “Innovation in FinTech Proof-of-Concept for the Hong Kong Financial Services Industry”, the full-day online conference will bring together […]
Matein Khalid In retrospect, the news that China had banned Bitcoin mining/trading in July and the subsequent sell-off to BTC in the early $30,000s was an ideal opportunity to accumulate the world’s most credible digital currency. Beijing fulmination against crypto is routine and BTC has always recovered from PRC inspired sell-offs. The euphoria now is mainly due to the fact that the SEC has agreed to the […]
SHENZHEN, CHINA – Media OutReach – 20 October 2021 – Recently, HambitPay, a crypo payment platform from Singapore, announced the launch of its global partnership program. Unlike coinbase, binance, etc., which initially centered on exchange business and only later derived payment business, HambitPay has been focusing on the research and development of crypto payment technology since its establishment, capitalising Singapore’s geographical advantages as an international financial center, and promoting a […]
Traveling is fun. You get to recharge, expose yourself to new things, and keep stress and anxiety at bay. It’s also a great way to make you physically healthier and creative. But where you’re staying during your trip and how you’re going to reach your destination can influence your overall travel experience. So to experience the perks of traveling, you need to book the best flight and […]
SYDNEY, AUSTRALIA – Media OutReach – 19 October 2021 – KVB Global Capital Limited (hereinafter referred to as “KVB Global Capital”) is pleased to announce it now connects with Xero, the global small business platform. KVB Global Capital aims to simplify cross-border payment processes and comprehensively improve financial workflows for SMEs, combining the advantages of GCFX to further reduce the costs of engaging in global business. With the rapid changes in […]
Arabian Post Staff The Federal Tax Authority (FTA) has processed more than 9,640 requests to recover Value-Added Tax (VAT) incurred by UAE nationals on building their new residences by September 2021 – more than 107.1% growth from the figure reported in the first nine months of 2021 compared to the total number of processed requests until the end of 2020. In a press statement, the Authority highlighted […]
Innovative “one level up/down” outpatient coverage and a new digital platform deliver adaptable and inclusive options to customers HONG KONG SAR – Media OutReach – 18 October 2021 – MSIG Insurance (Hong Kong) Limited (“MSIG”) today announced its SME Group Medical Insurance plan (“the plan”) targeting SMEs with flexible coverage options as well as MediGo, a new digital portal for onboarding and policy management. Drawing from its experience providing […]
The transformative potential of multi-industry Blockchain technologies and fintech was in the spotlight as the 4th Future Blockchain Summit and inaugural edition of Fintech Surge got under way as part of GITEX Global, the world’s largest technology showcase of the year, at Dubai World Trade Centre. Dr Farzam Kamalabadi, president of the Future Trends Group and Executive Chairman of Hyper Optimum Organisation (HOO), a Blockchain assets service […]
The remote work economy has accelerated a Zero Trust culture in APAC, but companies urgently need to upgrade their defence to adapt to a new threat landscape SINGAPORE – Media OutReach – 14 October 2021 – Across Asia Pacific, the unprecedented mass migration of organizations’ IT infrastructure to cloud and digital systems in the past year has compressed years of planned digital transformation into a matter of months – […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 14 October 2021 -There is hardly anyone left who is not familiar with the bitcoin bull market. A few but dramatic corrections made this historic run more exciting. Blockchain technology is here to stay. And the way legacy institutions and governments react will determine the future of finance. The global broker OctaFX prepared an expert article exploring whether peaceful co-existence might be […]
HONG KONG SAR – Media OutReach – 13 October 2021 – Kroll, the world’s premier provider of services and digital products related to valuation, governance, risk and transparency, today announced it is expanding its cyber risk services in Asia Pacific with several recent strategic new hires to bolster its existing world-class capability. The firm’s experience handling over 3,000 incidents globally in the past year has enabled Kroll to identify […]
K Raveendran Big financial institutions recognize the superiority of blockchain technology, but are intimidated by the prospects of bitcoin replacing them, so they will try to censor, control and manipulate it before ultimately they will be forced to accommodate it on public demand, says Grigory Rybalchenko, founder and CEO of Emirex, an exchange and a marketplace for digital assets and cryptocurrencies. Gregory will be among the top […]
U.S. Bank, the fifth-largest retail bank in America, has announced its cryptocurrency custody service is now available to fund managers. The offering will help investment managers store private keys for bitcoin, bitcoin cash, and litecoin with assistance from NYDIG. According to Gunjan Kedia, vice-chair of the bank’s wealth management and investment services division, support for other cryptoassets like ethereum is expected over time. The move sees U.S. […]
HONG KONG SAR – Media OutReach – 6 October 2021 – Citibank announces the launch of 2021 Citi Tax Season Loan, available for same day approval and same day loan disbursement1. Selected customers can enjoy Annualized Percentage Rate (“APR”) as low as 1.38%2. Upon successful application of 2021 Citi Tax Season Loan during promotion period, customers can enjoy up to HK$4,000 cash coupon reward3. Features of Citi Tax Season Loan： […]
Matein Khalid Today is the milestone moment for Manju and I as well as a special constellation of our close friends who shared my conviction that Udemy was destined to morph into the world’s pre-eminent EdTech marketplace. These were the same special friends/investors who entrusted us to invest $17.5 million in a syndicate we led to buy Udemy shares in the pre-IPO market at a valuation of […]
Arabian Post Staff Bank of America has launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy. Digital assets represent a $2 trillion+ market value with 200 million+ users, and have the potential to transform every industry by improving efficiency and reducing friction across transactions. Hundreds […]
Arabian Post Staff Expo 2020, which just got under way with the kind of fanfare typically characteristic of Dubai, is expected to lead to a significant rebound in tourism and other domestic economic activities. The prestigious show is also expected to greatly add to the emirate’s attraction for highly skilled professionals and support private sector employment, increase trade and foreign investment, and harness the benefits of technology, […]
Matein Khalid Brazil stock market performance unfortunately vindicates General Charles de Gaulle’s morose prediction “Brazil is a country of the future and always will be”. In my Wall Street salad days, we were neurologically programmed to buy Brazilian equities when crude oil/soft commodities price boomed, when the global economic growth was in acceleration mode and when a right wing pro-Uncle Sam President with close ties to the […]
Arabian Post Staff IMF has forecast a gradual recovery by the UAE economy in 2021, supported by the country’s early and strong health response, continued supportive macroeconomic policies, and rebound in tourism and domestic activity related to the delayed Expo 2020. The Fund expects non-oil GDP growth to exceed 3 percent this year, and to improve further in the medium-term, while oil GDP will continue to grow […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 1 October 2021 – Global broker OctaFX released the final episode of their YouTube interview project ‘Honest Stories of Success’. The interviews showcased the success stories of Malaysia’s prominent people as they actually happen, unfiltered. However, the project had more to it than famous people revealing the ups and downs of their career journeys. It provoked a unique dialogue between Malaysian traders who […]
Revenues up by 81% to £49.6 million in first half of 2021 EBIT increase by 271% to £3.0 million vs first half of 2020 MBH Corporation now comprises 25 companies across 8 verticals LONDON, UK – EQS Newswire – 30 September 2021 – (OTCQX:MBHCF)(FRA:M8H) The Directors of MBH Corporation PLC (“MBH”), a diversified investment holding company, are pleased to release the results for the half year ended […]
Judges praise GBG’s technology for reducing false positives and improving fraud detection SINGAPORE – Media OutReach – 29 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has today announced it has won the award for Best AI or Machine Learning Innovation of the Year from Asia Risk Awards 2021. The biggest challenge faced by financial institutions today […]
James M Dorsey For at least the last two decades, the United Arab Emirates, aided by some of the world’s foremost consulting and public affairs companies, has waged one of, if not the Middle East’s most successful nation branding campaign. The campaign has been supported by cutting edge technological and economic initiatives; a bold and assertive foreign policy backed by the UAE’s financial and military muscle; a […]
