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Messi affair SIT finds all-round violations // Lego restores BrickLink marketplace after security investigation // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // UAE crews sustain coastal oil removal as beaches reopen // Hackers falsify NVIDIA GPU readings to mask cryptomining // Crescent Enterprises venture arm funds Oyster Therapeutics development // Salik posts Dhs1.045bn profit despite lower toll traffic // OpenAI unveils ChatGPT Wallet for agent-led purchases // 11 Boutique Xinjiang Wineries to Debut in Singapore // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // Microsoft restores services gradually but gives no recovery deadline // Electoral register gains 2.17 lakh voters // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Nvidia appoints Colette Kress interim chief after Huang departure // US authorities dismantle North Korean cryptocurrency deception infrastructure // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Saudi fund assets forecast to cross $400 billion // Fujairah highway pile-up leaves 14 dead and 30 injured //

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Promoting Traditional Cultures and Enhancing Cultural Exchanges   MACAU – Media OutReach – 6 November 2020 – The “1st Guangdong-Hong Kong-Macau Greater Bay Area Chinese Opera Cultural Festival”, co-organized by China Theatre Association, China-Hong Kong-Macau Greater Bay Area Chinese Opera Association and Hong Kong Tai Kung Wen Wei Media Group, was solemnly opened on November 5 at 8:00 p.m. at Venetian Theatre, The Venetian Macau. The opening night featured Chinese […]

HONG KONG, CHINA – Media OutReach – 30 October 2020 – DFA Awards 2020 is pleased to announce its recipients for the year of 2020. Three design trendsetters have been recognised under the three individual awards, namely the DFA Lifetime Achievement Award (DFA LAA), the DFA Design Leadership Award (DFA DLA), and the DFA World’s Outstanding Chinese Designer (DFA WOCD). In addition, 197 design projects have been recognised under the […]

HONG KONG, CHINA – Media OutReach – 30 October 2020 – DFA Awards 2020 is pleased to announce its recipients for the year of 2020. Three design trendsetters have been recognised under the three individual awards, namely the DFA Lifetime Achievement Award (DFA LAA), the DFA Design Leadership Award (DFA DLA), and the DFA World’s Outstanding Chinese Designer (DFA WOCD). In addition, 197 design projects have been recognised under the DFA […]

PRUWorks offers solutions enabling businesses to build a more engaged workforce, as well as attract and retain talent   HONG KONG, CHINA / SINGAPORE – Media OutReach – 29 October 2020 – Prudential Corporation Asia (Prudential) is providing its small and medium-sized enterprises (SME) customers in Asia and Africa access to Stash’s highly-customisable digital incentive payment platform. The offering is available through PRUWorks, Prudential’s one-stop digital platform for SMEs […]

Project awarded the Financial Sector Technology & Innovation (FSTI) Proof of Concept Grant by MAS   CORRECTION by Hashstacs – The 6th paragraph in the previous version has been deleted – The sub headline and the designation of the EFG Bank have been changed   The corrected release reads:   SINGAPORE / HONG KONG, CHINA – Media OutReach – 19 October 2020 – Hashstacs Pte Ltd (also known as […]

Project Funded by MAS under the Financial Sector Technology & Innovation (FSTI) Proof of Concept Grant   SINGAPORE / HONG KONG, CHINA – Media OutReach – 14 October 2020 – Hashstacs Pte Ltd (also known as “STACS”), a Singapore FinTech company focusing on Blockchain technology solutions, announced its partnership with EFG Bank (“EFG“) to co-develop a Blockchain platform that will enhance and simplify the processes of structured products. “Project […]

DUBAI: The Israeli and Dubai diamond exchanges announced Thursday they had struck a deal to boost trade, just days after Israel signed breakthrough agreements with United Arab Emirates and Bahrain at
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SINGAPORE – Media OutReach – 11 September 2020 – Poker players who cross over to cryptocurrency trading are seeing astounding success out of the gate — for example, a trading team comprised of poker players and captained by poker star Mike McDonald placed in the top three in the recently concluded World Series of Trading (WSOT). A total overlay prize pool of $1.27 million in cryptocurrency was paid out […]

HONG KONG, CHINA – Media OutReach – 28 August 2020 – Huami Corp. and Huami-USA (NYSE: HMI), a healthcare services company whose mission is to connect health with technology, and Prudential Corporation Asia (Prudential), a leading insurer and asset manager, today announced an extension of their partnership to provide Pulse by Prudential (Pulse) users access to Huami’s Amazfit range of wearable technology. Huami and Prudential will explore the integration […]

TAIPEI, TAIWAN – Media OutReach – 20 August 2020 – MEDICAL TAIWAN – International Medical, Health and Care Exhibition hosted by the Taiwan External Trade Development Council (TAITRA) will run from October 15th to 17th, 2020 at the Taipei Nangang Exhibition Center, Hall 2. With both the physical exhibition and the “virtual trade show” that features exhibits at three-dimensional (3D) booths going on simultaneously, MEDICAL TAIWAN will be a perfect […]

Members of The 1 loyalty programme gain access to AI-driven lifestyle, health and wealth services   HONG KONG, CHINA – Media OutReach – 11 August 2020 – Prudential Life Assurance (Thailand) Public Company Limited (“Prudential Thailand”) and The 1 CENTRAL LIMITED (“The 1”) today signed an agreement for the country’s first lifestyle and health collaboration, bringing enhanced digital services to members of Thailand’s leading loyalty programme. The 1 is […]

SINGAPORE AND REDMOND, WASH. – Media OutReach – 11 August 2020 – Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate […]

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.   […]

Prudential enhances customer offerings and engagement by introducing the science-backed Personal Activity Intelligence score across 11 Asian markets   HONG KONG, CHINA and VANCOUVER, CANADA – Media OutReach – 28 July 2020 – Prudential Corporation Asia (Prudential) and PAI Health today announced that PAI Health’s science-backed activity metric for heart health, known as Personal Activity Intelligence, will be featured in the Pulse by Prudential (Pulse) digital health app, the first […]

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, […]

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, […]

DUBAI, 12th July, 2020 (WAM) — The UAE Ministry of Economy and the China Council for the Promotion of International Trade, CCPIT, have announced that they will together host the first China-UAE Economic and Trade Digital Expo on 15th July, a platform designed to reinvigorate trade activities between the two countries as they seek to lay the foundations for bilateral trade in the new digital economy. Organised […]

A general view shows the area outside the Burj Khalifa in Dubai. Picture used for illustrative purposes File/Reuters Business Bureau, Gulf Today The Ministry of Economy of the United Arab Emirates and the China Council for the Promotion of International Trade (CCPIT), will together host the first China-UAE Economic and Trade Digital Expo, a platform designed to reinvigorate trade activities between the two countries as they seek […]

SEOUL, 10th July, 2020 (WAM) — His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has sent a message to President Moon Jae-in of South Korea, congratulating him on the 40th anniversary of the establishment of diplomatic relations between the two friendly countries. The message was delivered by H.H. Sheikh Abdullah bin Zayed Al […]

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 […]

Atradius’ Payment Practices Barometer highlights the importance of risk management to Asian businesses   HONG KONG, CHINA – Media OutReach – 10 June 2020 – Corporations in the United Arab Emirates expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact of COVID-19, according to Atradius‘ latest Payment Practices Barometer survey. With an […]

By Matein Khalid The US dollar is the traditional safe haven currency during times of geopolitical or financial stress even when the cause of a risk aversion spasm is ultimately American, such as the failure of Lehman Brothers in 2008, Obama’s epic budget battles with the Republicans in 2011 and the Trump White House’s drone hit on Iran’s most revered Revolutionary Guard commander on 3 January 2020. […]

By Matein Khalid I had published an article expressing my shock at the abysmal corporate governance and financial disclosure at NMC Healthcare, the London listed UAE’s largest private operator of healthcare clinics and hospitals. NMC Healthcare shares were at 1816 pence on the LSE when I published my article in the Gulf and UK financial press on 30 December 2019. NMC Healthcare has now plunged to 775 […]

By Arabian Post Staff Bahrain’s Al Waha Fund of Funds has announced a substantial investment in Beijing-based MSA Capital – its first investment in a Chinese fund. MSA Capital, the most active Chinese fund in the Gulf, plans to use Bahrain as its “hub for regional expansion”. It will work closely with regulators, entrepreneurs and strategic corporate partners to connect growing companies in the region with capital and […]

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Just in:
Electoral register gains 2.17 lakh voters // Saudi fund assets forecast to cross $400 billion // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // Rooftop solar planning gaps behind power shortages // October Food Price Shock Has Far Reaching Consequences // Lego restores BrickLink marketplace after security investigation // US authorities dismantle North Korean cryptocurrency deception infrastructure // Nvidia appoints Colette Kress interim chief after Huang departure // Hackers falsify NVIDIA GPU readings to mask cryptomining // Microsoft outage leaves Outlook and Teams users disconnected // OpenAI unveils ChatGPT Wallet for agent-led purchases // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Inpex reaffirms Gulf oil strategy despite shipping constraints // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Microsoft restores services gradually but gives no recovery deadline // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Fujairah highway pile-up leaves 14 dead and 30 injured // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Crescent Enterprises venture arm funds Oyster Therapeutics development // UAE crews sustain coastal oil removal as beaches reopen //