HCM CITY, VIETNAM – Media OutReach Newswire – 15 April 2024 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) will pay a dividend of 25%, 10% in cash and 15% in stocks, for 2023, according to documents to be tabled at its 2024 annual general meeting released on April 4. HDBank will pay a dividend of 25%, 10% in cash […]
Bayer Leverkusen etched their name into German football history on Sunday, clinching their first-ever Bundesliga title with a dominant 5-0 victory over Werder Bremen. The emphatic win sealed an extraordinary season for the club, ending Bayern Munich’s iron grip on the league trophy that had stretched for an unprecedented eleven years. Leverkusen’s path to glory was paved by a remarkable consistency throughout the season. Under the astute […]
Saudi Arabia’s ADES, a prominent drilling services firm, has secured a significant contract worth $93.3 million to operate a jack-up rig in Qatar. The agreement, awarded by French energy giant TotalEnergies, marks a strategic move for ADES, solidifying its presence in the Qatari oil and gas market. The contract, detailed in a statement to the Saudi Stock Exchange (Tadawul), includes a mandatory operational period with an optional […]
SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 11 April 2024 – Steering the groundbreaking Bay of Lights coastal development, Canopy Sands Development (CSD) proudly unveils a landmark partnership with The Ascott Limited (Ascott), the acclaimed hospitality arm of CapitaLand Investment. Representatives from CSD and Ascott seal a landmark hospitality partnership at Bay of Lights Business Center, Sihanoukville. This collaboration heralds the management of Summer Bay Beach Club […]
By K Raveendran The BJP’s 2019 manifesto had envisaged Indian economy hitting the $5 trillion mark, an audacious goal, that was to be achieved on the strengths of tax reforms, infrastructure development, and job creation. As the nation approaches the deadline, the party has moved the goal posts further ahead, now promising to achieve the […]
The post $5-Trillon Target Missed, Goal Post Shifted By Another Parliament Term first appeared on Latest India news, analysis and reports on IPA Newspack.
Abu Dhabi’s Sanad, a leader in aerospace engineering and leasing solutions, has secured a significant boost to its business with a five-year contract extension valued at $145 million (AED532 million) with South Korea’s Asiana Airlines. This renewed partnership strengthens Sanad’s position as a major player in the global Maintenance, Repair, and Overhaul (MRO) industry. The agreement focuses on the upkeep of the V2500 engines, a workhorse of […]
Interactive Brokers (IBKR), a globally recognized electronic brokerage firm, is poised to establish a foothold in the Middle East with a new office planned for the Dubai International Financial Centre (DIFC). This expansion move comes as regional investors increasingly seek to diversify their portfolios, presenting a lucrative opportunity for IBKR. The new office, currently awaiting final regulatory approval, will serve as a strategic hub for IBKR to […]
HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – Cushman & Wakefield has released its annual Global Data Center Market Comparison report, with Japanese markets outranking other Asia Pacific counterparts in both the Established and Emerging market categories. In the Established markets category, Tokyo ranked third globally behind Virginia and Atlanta, with Mumbai placing seventh and Sydney ninth. Osaka ranked fourth in the Emerging […]
Hong Kong is inching closer to becoming a major player in the cryptocurrency world with the anticipated approval of Bitcoin and Ether exchange-traded funds (ETFs) as early as next week. This move signifies a significant shift for the region, potentially solidifying Hong Kong’s position as a hub for digital assets. The news comes as Hong Kong seeks to carve out a niche in the burgeoning cryptocurrency market. […]
HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – Today, IX Asia Indexes announced the 2024 1st quarter review of ixCrypto Index (“IXCI”), ixCrypto Portfolio Indexes and ixCrypto Stablecoin Index (IXSCI). The constituent changes will be effective on 19th April, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index […]
The healthcare landscape in the United Arab Emirates is poised for a transformation fueled by artificial intelligence (AI). A recent collaboration between Emirates Health Services (EHS), the government body responsible for public healthcare, and the Mohammed bin Zayed University for Artificial Intelligence (MBZUAI), a leading research institution, signifies a significant step towards this goal. The partnership, formalized through a memorandum of understanding (MoU), brings together EHS’s vast […]
Capitalising on the Demand for Serviced Apartments in Key International Business Areas BANGKOK, THAILAND – Media OutReach Newswire – 3 April 2024 – ONYX Hospitality Group, the leading hospitality management company, is delighted to announce the expansion of its renowned Shama brand with the launch of Shama Rayong, capitalising on the demand for serviced apartments. The signing ceremony took place on 1st April 2024 at Amari Bangkok, […]
The United Arab Emirates’ (UAE) banking sector has bolstered its financial resilience, with the combined capital and reserves of its banks reaching a record AED 500 billion (USD 136.23 billion) by the end of January 2024. This robust figure, revealed by the Central Bank of the UAE (CBUAE), marks a significant 13.3% increase year-on-year, solidifying the UAE’s position as a regional financial powerhouse. The capital and reserve […]
Arabian Post Special Americana Group’s Initial Public Offering (IPO) is poised to be a landmark event for the UAE stock market. The company, the largest quick-service restaurant operator in the Middle East, boasts a brand portfolio that includes regional favorites like KFC and Pizza Hut. This offering is expected to inject a significant amount of capital into the market, raising $1.8 billion according to reports. This influx […]
Establishing a Strong Presence and Participating in Hong Kong “Global Sources Consumer Electronics Show HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, celebrates its one-year anniversary in the Hong Kong market while joining the “Global Sources Consumer Electronics Show” held at the AsiaWorld-Expo. The event gathers over 2,000 top Asian manufacturers […]
Asian currencies are back in the spotlight, particularly the Japanese yen and the Chinese yuan, which is bringing currency volatility to the forefront of global investors’ minds. On Thursday, the yen slipped to its lowest level since 1990 — ¥153 against the dollar. Meanwhile, China has been ramping up support for the yuan with a record fixing. Amid Tokyo’s now familiar verbal warnings about excessive declines this week, and […]
And announced to be the first and only brokerage firm authorized token-in-token-out HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – Victory Securities (“Victory”) announced the launch of its first securities and virtual assets trading app in Hong Kong – VictoryX (Chinese name: 勝利通) , the first licensed corporation in Hong Kong to offer a single app for asset allocation on securities and virtual […]
Proxima Fusion, a Munich-based company and the first spin-off from the prestigious Max Planck Institute for Plasma Physics (IPP), has secured $21.7 million in seed funding. This influx of capital will propel the company’s development of a novel approach to nuclear fusion energy, utilizing a device known as a stellarator. Nuclear fusion, the process that powers stars, promises a near-limitless source of clean energy. By replicating the […]
Office leasing sentiment improved, high street vacancies stabilized HONG KONG SAR – Media OutReach Newswire – 10 April 2024 – Global real estate services firm Cushman & Wakefield today held its Hong Kong Property Markets Q1 2024 Review and Outlook press conference. Following the Government’s announcement in the latest Budget that it would lift all demand-side management measures for residential properties, the market responded positively, with primary […]
The first quarter of 2023 ended on a high note for startups in the Middle East and North Africa (MENA) region. After a sluggish January and February, March saw a significant surge in investment activity, infusing the ecosystem with much-needed capital. Data compiled by Wamda, a leading platform for entrepreneurs in MENA, reveals that startups across the region raised a total of $254 million in March 2023. […]
*Announce the Xi’an – Ho Chi Minh City route SHANGHAI, CHINA – Media OutReach Newswire – 10 April 2024 – Vietjet today celebrates its 10th anniversary of operation to China (2014 – 2024) and annouce the direct route linking Ho Chi Minh City with Xi’an. The ceremony took place during the China-Vietnam Trade and Investment Cooperation Promotion Forum. Vietnam National Assembly Chairman Vuong Dinh Hue, Vietnam Deputy […]
Cryptocurrency exchange Crypto.com has secured a vital permit from Dubai’s Virtual Assets Regulatory Authority (VARA), paving the way for its debut in the Middle Eastern nation. Notably, this launch will cater exclusively to institutional investors. The full operational approval signifies the culmination of a multi-stage process for Crypto.com. In June 2022, the exchange received provisional approval under VARA’s MVP (Minimum Viable Product) licensing program. This initial license […]
James M Dorsey The Greater Middle East is a ticking time bomb. Generations in war-wracked Palestine, Syria, and Yemen have little, if anything, to look forward to. Moreover, discontent is mounting and could explode anytime in countries like Jordan, Egypt, and Iran. Palestine is a pressure cooker. Gazan youth has known little else than two decades of wars and siege. Beyond the trauma of the latest six-month-old war, Gaza’s next […]
HONG KONG SAR – Media OutReach Newswire – 10 April 2024 – LOFTER Group (the Developer) has achieved remarkable sales results in its latest real estate development, Elize PARK. The Developer has witnessed an overwhelming response from buyers, with over 50% of the units being sold within a span of just one month after the Hong Kong government’s announcement to lift all cooling measures in stamp duty. […]
