DUBAI – Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic. It is planning to issue U.S. dollar-denominated 10-year Islamic bonds, or sukuk, and 30-year conventional bonds, a document issued by one of the banks leading the deal showed. The planned deals […]
HONG KONG, CHINA – Media OutReach – 1 September 2020 – Chubb announced today the launch of Enterprise Guard Plus with enhanced benefits to its existing business package insurance policy in Hong Kong SAR. The enhanced product offers greater coverage for the evolving needs of businesses, in particular for new exposures due to COVID-19. With the movement restrictions severely impacting business operations and the economy, more businesses have shifted their […]
Bank announces new Client Experience & Conduct Group within organizational structure DUBAI, UAE – EQS Newswire – 1 September 2020 – Mashreq, one of the leading financial institutions in the UAE, has appointed Rania Nerhal as its Chief Client Experience & Conduct Officer. Rania will be leading the bank’s newly formed Client Experience & Conduct Group (CXCG). The new division will be responsible for enhancing the bank’s client experience strategy. It will […]
Hong Kong also ranked the fourth most attractive data center location in APAC HONG KONG, CHINA – Media OutReach – 31 August 2020 – Investment into data centers in Asia Pacific (APAC) is on the rise with the total transaction volume between 2018 and 2020 totalling USD 5.70 billion, 7.2x that between 2015 and 2017. Despite the pandemic outbreak, investment activity in the sector remains relatively […]
The Dubai Smartpreneur Competition, hosted in collaboration by Dubai Startup Hub, Entrepreneur Middle East & the Dubai Chamber of Commerce, is a prestigious, unique and one-of-its kind opportunity for innovative startups based in the UAE to partner with and contribute to the Dubai Government’s Strategy to elevate the city into a global platform for innovative businesses to thrive. As part of the 5th edition of the Dubai […]
HONG KONG, CHINA – Media OutReach – 28 August 2020 – The 10th “Consumer Caring Scheme” organised by GS1 Hong Kong is now open for applications. Hong Kong companies from all trades are cordially invited to apply before the closing date 30th September 2020. The judging criteria for this year has been revised taken account into the latest situation, with focus on four aspects: “Consumer Centric”, “Strive for Quality”, […]
Core operating performance continues an upward trend, revenue up 10.5% to RMB388 million while core net profit up 14.4% to RMB270 million. Occupancy rate for stabilized logistics parks remains high at 89.7%; gross floor area (GFA) of investment projects is approximately 4.39 million sq.m and GFA of land held for future development is approximately 5.01 million sq.m. Steadily developed investment fund project. The Group announced the establishment […]
Proposed interim dividend of HK11 cents per share Contracted sales and cash collection for first seven months both exceeded RMB 100 billion HONG KONG, CHINA – Media OutReach – 28 August 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer engaged in the property development and investment business in the first-, second- and robust third-tier cities in China, […]
More than 37,700 cases detected in Hong Kong, 67% of which were email-based HONG KONG, CHINA – Media OutReach – August 27, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cybersecurity solutions, today released its annual mid-year roundup report, which reveals COVID-19 related threats as the single largest type of threat in the first half of the year. In just six months, Trend Micro blocked […]
HONG KONG, CHINA – Media OutReach – 27 August 2020 – It’s been called the holy grail of finance. Is it possible to harness the promise of artificial intelligence to make money trading stocks? Many have tried with varying degrees of success. For example, BlackRock, the world’s largest money manager, has said its Artificial Intelligence (AI) algorithms have consistently beaten portfolios managed by human stock pickers. However, a recent research […]
Over S$18.3 million has been disbursed so far to help ERA teammates tide through challenging times in the form of commission and management fee advances, loyalty growth dividends, skills development training and subsidies of business costs. Ground-breaking Commission Advancement initiative, through partnership with LytePay and Rapyd, gives real estate salespersons (RES) access to commissions, anytime and anywhere in the world SINGAPORE – Media OutReach – 20 August 2020 – ERA Singapore […]
Market Opportunities Arise for “Eco-friendly and People-oriented Property” Rapid Growth in Core Net Profit Make Efforts to Deploy Urban Renewal Increase Land Bank to Accelerate Geographic Deployment HONG KONG, CHINA – Media OutReach – 20 August 2020 – JY Grandmark Holdings Limited (“JY Grandmark” or the “Company“, which together with its subsidiaries, is referred to as the “Group“, stock code: 2231), a property developer and operator and […]
By Matein Khalid While brick and mortar property in Dubai is in a vicious bear market spiral, the COVID pandemic has been a dramatic money making opportunity in the shares of industrial property landlords. I had recommended the shares of Prologis (PLD), the NY listed logistics REIT at $60 on April 15th, 2018 and had it published in my media columns in the GCC and Britain. Prologis […]
The partnership signals Lu International’s plan to capitalise on growth opportunities for financial services in some of the world’s up and coming economies, throughout and beyond Southeast Asia SINGAPORE – Media OutReach – 18 August 2020 – Lu International (Singapore) Financial Asset Exchange (PTE) Ltd. (‘Lu International’), a subsidiary of China’s leading retail fintech enterprise Lufax Holding, and KASIKORNBANK, one of Thailand’s largest banks, have recently announced a strategic partnership […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) announced that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of UAE-based Shariah compliant liquid equities, opening up a new and increasingly demanded asset class to investors seeking exposure […]
74% of organizations reported moderate to significant impact to their employees due to the pandemic In response to COVID-19, 38% of IT leaders plan to increase their investment in cloud-based networking, and 35% in AI-based networking, as they seek more agile, automated infrastructures for hybrid work environments HONG KONG, CHINA – Media Outreach – 14 August 2020 – Businesses will experience profound changes as employees’ transition to hybrid work […]
Eagle Hospitality Trust receives Notice of Breaches (Legal Notice) Urban Commons has directly contributed approximately US$10 million more to Eagle Hospitality Trust than hotel-level generated income to support the REIT In addition, Urban Commons’ affiliate, as the parent company of the REIT Manager, has injected almost US$6 million into the REIT Manager to support operations Urban Commons clarifies the one-sided announcements stemming from Eagle Hospitality Trust […]
Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1] DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]
Move expands Sun Life’s presence to eight markets in Asia SINGAPORE – Media OutReach – 7 August 2020 – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), a global life insurer and asset manager, today announced it has opened a branch in Singapore to offer life insurance solutions to High Net Worth Clients. The announcement follows final license approval from the Monetary Authority of Singapore in May 2020. […]
HONG KONG, CHINA – Media OutReach – 6 August 2020 – Hong Kong businesses have embraced FinTech and are reaping the benefits, experiencing improved business efficiency, cost savings and an enhanced customer experience, according to a regional survey of business FinTech usage by CPA Australia. The survey found that 84 per cent of Hong Kong respondents expect their business to use at least one FinTech product or service in […]
HONG KONG, CHINA – Media OutReach – August 6, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published its 2020 Risk Maps report, which finds that the novel coronavirus (COVID-19) pandemic will likely transform the geopolitical landscape. Extraordinary public health measures and a precipitous drop in global trade will continue to exert significant pressure on […]
Advocating the Dutch Way of Organic Dairy Farming to Enhance Biodiversity within the Agricultural Ecosystem HONG KONG, CHINA – Media OutReach – 5 August 2020 – As one of the world’s leading and largest dairy cooperatives with almost 150 years of Dutch dairy heritage and expertise, FrieslandCampina is committed to providing better nutrition for the world while ensuring a good living for the farmers and creating a sustainable natural […]
