– Walton International Group’s Strategic Relationships with Top U.S. Homebuilders Set to Reap Rewards SINGAPORE – Media OutReach – 3 August 2020 – Covid-19 is having a profound impact on the homebuying decisions of many Americans, as witnessed by the rapid recovery of the U.S. housing market in the past quarter. Walton is uniquely positioned to capitalise on current trends as a result of its relationships with large U.S. […]
He also noted that the price-performance of properties located near transit stations has seen growth in several global cities, and areas built around metro links at affordable price points, like those in Discovery Gardens and in the Jebel Ali area, are expected attract both owner-occupiers and renters, which is likely to underpin population growth in these parts of the city. “Typically, when residential real estate is made […]
Futurist sheds light on ‘new normal’ at E-Day seminar HONG KONG, CHINA – Media OutReach – 30 July 2020 – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year’s HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July […]
SINGAPORE / KUALA LUMPUR, MALAYSIA – Media OutReach – 30 July 2020 – Singapore’s Fintech technology provider, Hashstacs Pte Ltd (“STACS“), today announced that it has partnered with Bursa Malaysia Berhad (“Bursa Malaysia“) on a Blockchain Proof-of-Concept (“POC”) project dubbed “Project Harbour” for its Bonds marketplace. Project Harbour is centred around the usage of Distributed Ledger Technology (” DLT”) as a register in facilitating the growth of Labuan’s bond marketplace. The […]
HONG KONG, CHINA – Media OutReach – 30 July 2020 – Crowdfunding, which has seen its popularity skyrocket with the rise of high profile platforms the likes of Kickstarter, GoFundMe and IndieGoGo, has often been hailed as a “democratising force” in finance, allowing enterprising individuals to launch new and innovative ventures while bypassing traditional sources of funding they would otherwise be unable to access. In a recent […]
SINGAPORE – Media OutReach – 30 July 2020 – Despite buoyant stock markets around the world, the COVID-19 crisis has spelled doom for many mid-cap firms that are unable to raise cash. Into this void steps Lam Ching Ching, CEO of Charismatic Capital, an investment firm focused on listed companies valued at under $1 billion. Charismatic has been able to secure impressive ROI injecting funds into cash-strapped […]
Charting a Bright Course for the Future HONG KONG, CHINA – Media OutReach – 29 July 2020 – ASM Pacific Technology Limited (“ASMPT” or the “Group”) (Stock code: 0522) has announced that it reached an agreement to form a Strategic Joint Venture (“SJV”) involving its Materials segment with key partners. Mr. Robin Ng, CEO, ASMPT, said “We have been closely monitoring the market trends of […]
SINGAPORE – Media OutReach – 27 July 2020 – The Philippine Bureau of the Treasury (BTr), together with Union Bank of the Philippines (UnionBank) and Philippine Digital Asset Exchange (PDAX), is the first in Asia to launch an app for the distribution of retail treasury bonds enabled by Distributed Ledger Technology (DLT). Philippine National Treasurer Rosalia V. De Leon said, “The launch of Bonds.PH paves the way for all Filipinos, […]
DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG). Download Image: https://bit.ly/39u3rZ1 James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]
20% jump in ransomware globally, 109% spike in United States 24% drop in malware attacks worldwide 7% of phishing attacks capitalized on COVID-19 pandemic 176% increase in malicious Microsoft Office file types 23% of malware attacks leveraged non-standards ports 50% rise of IoT malware attacks Report analyzes threat intelligence data gathered from 1.1 million sensors in over 215 countries and territories MILPITAS, CALIFORNIA – Media OutReach – 27 July […]
Arabian Post Staff Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MOU) with Jiaozi Fintech Dreamworks, one of China’s first Fintech innovation and entrepreneurship platforms. The MOU will enable the DIFC to further support the UAE in facilitating the ‘Belt and Road’ economic initiative and forms a central part of the Centre’s 2024 strategy to strengthen relationships with the international financial community and increase […]
By Matein Khalid In the past 18 years, after a series of spectacular and occasionally failed rocket launches, Elon Musk’s SpaceX has emerged as Silicon Valley’s next colossus, a once in a generation business in the same league as an Amazon, a Google or a Microsoft. SpaceX’s current funding round values the company at a pre-money valuation of $42 billion. Yet the cognoscenti of Wall Street and […]
Company furthers commitment to financial services with addition of financial industry pioneer HONG KONG, CHINA – Media OutReach – 23 July 2020 – Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer. Levy’s appointment comes at a pivotal point in the Company’s momentum as customer demand for secure and compliant collaboration integrated […]
Arabian Post Staff Dubai International Financial Centre announced that one of its clients is undertaking a ground-breaking capital raising. Investment banking and wealth management firm GRIP (DIFC) Ltd. will conduct a multi-million dollar capital raise for Lead Real Estate this month, through the innovative issuance of Digital Securities representing Investor Shares. The issuance is the first major globally compliant digital securities offering in MEASA, marking a key […]
By Matein Khalid Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL!) to be part of the private market financing of Reliance Jio, the emerging supernova of India’s digital ecosystem. After having spent $50 billion in building a scalable, state of the art wireless network, Mukesh Ambani realized that he needed strategic investors […]
Arabian Post Staff The IMF has praised the UAE authorities for reacting very quickly and swiftly in addressing the spreading of the coronavirus, and the pioneer measures in terms of controlling the spreading, increasing the number of testing, and introducing technology as a way and mean to address and to contain the spreading of the virus. It pointed out that the UAE economy is the second largest […]
Futurist addresses post-COVID-19 issues at E-Day online platform HONG KONG, CHINA – Media OutReach – 15 July 2020 – In light of the COVID-19 situation, this year’s HKTDC Entrepreneur Day (E-Day) has undergone a transformation in terms of format and content, with a series of seminars being broadcast live on 16 and 17 July. The public can register for free at https://hktdc.hermeslive.com/en/. HKTDC Assistant Executive Director Stephen Liang said: […]
The Saudi Stock Exchange (Tadawul) announced that the launch of exchange-traded derivatives will be on 30 August 2020. The first exchange-traded derivatives product is an index futures contract, the Saudi Futures 30 (SF30). This contract is based on the MSCI Tadawul 30 Index (MT30). The launch of the Derivatives Market aims to further support the growth of the Saudi capital market by creating new opportunities for investors, […]
Building on the success of its portfolio of Indian Rupee (INR) product suite, the Dubai Gold & Commodities Exchange (DGCX) will be launching a Weekly INR-US Dollar (USD) Futures Contract. The new contract will go live on Friday, 10th July 2020. The DGCX’s INR product suite includes its flagship Monthly INR Futures, INR Options, INR Quanto Futures, and Mini INR Futures Contracts. The new Weekly INR Futures Contract […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) has announced the transfer of its Ras al-Khaimah and Fujairah branch offices to its Sharjah branch and the transfer of its Al Dhafra Region branch office to Abu Dhabi. The move is in line with ADX’s business development strategy, which is designed to facilitate digital acceleration and provide smart services in an effort to be more customer centric and […]
CIFI implements corporate responsibilities in five key aspects, including green buildings, construction with quality, compliance and integrity, staff welfare and philanthropy HONG KONG, CHINA – Media OutReach – 8 July 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, […]
Andrew How brings 20 years of experience helping businesses through Culture & Engagement, Leadership Assessment, and HR & Talent Advisory, spearheading growth, driving transformation and accelerating business value through talent in times of organizational uncertainty. SINGAPORE – Media OutReach – 7 July 2020 – Kincentric, a Spencer Stuart Company, today announced the appointment of Andrew How as Singapore Market Leader, where he will focus on client development and solutions across Culture […]
SHANGHAI/TORONTO/AMSTERDAM/HONG KONG – Media OutReach – July 6, 2020 – ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821), Manulife and PGGM today announced that a new core joint venture (“Core JV”) between ESR and Manulife has completed the acquisition of four institutional-grade logistics properties from Redwood China Logistics Fund (“RCLF”) for approximately RMB1.7 billion (equivalent to approximately US$243 million). RCLF is a limited partnership development joint venture between ESR and PGGM. PGGM […]
Middle East and North Africa (MENA) construction sector is expected to be bit by the triple whammy of lower oil production, low oil prices and contracting non-oil sectors. Data and analytics company GlobalData has further cut its construction output growth forecast for the region for 2020 to -2.4%, down from the previous forecast of 1.4%, in light of continued spread of COVID-19. Amid the worsening situation with regards […]
