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HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) announces that the Group has entered into the Share Purchase Agreement with Zhejiang Construction Investment Group Company Limited (“Zhejiang Construction Investment”), a state-owned enterprise, through its direct wholly-owned subsidiary, Billion Power Investment Limited. […]

Jamie Dimon, CEO of financial giant JPMorgan Chase, reignited the debate on Bitcoin’s legitimacy during a recent interview. While acknowledging the right to invest in the cryptocurrency, Dimon expressed skepticism about its underlying value and potential benefits. “I don’t know what the bitcoin itself is for,” Dimon remarked, drawing a comparison to cigarettes. “I’ll defend your right to buy a bitcoin, just like I’d defend your right […]

NTT Innovation Alliance Program creates a collaborative platform in Hong Kong, leveraging the company’s expertise and docomo business’ success in Hong Kong and Japan to co-create within a diverse tech ecosystem that encompasses enterprises, partners, universities and startups to commercialize future-ready solutions from Proof-of-Concept to the Go-to-Market stage. Partners in the program thus far include leading innovation hubs Cyberport and HKSTP, research center LSCM, academic research partners […]

Dubai’s real estate market is experiencing a surge in demand thanks to the emirate’s Golden Visa program, which offers investors a 10-year residency permit. This influx of interest is causing a shift in both buyer behavior and developer strategies. Industry insiders report a growing trend of investors increasing their budgets to meet the minimum investment threshold of AED 2 million (USD 545,000) required for the Golden Visa. […]

Global fund managers are pouring more money into China, signaling a growing sense of optimism in the world’s second-largest economy. This surge in investment comes amid a backdrop of China’s industrial advancements and supportive government policies aimed at attracting foreign capital. Hu Qimu, a deputy secretary-general at the digital-real economies integration Forum 50, attributes the investor enthusiasm to China’s ongoing industrial upgrade and its commitment to economic […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 March 2024 – As part of its continuous effort to create a dedicated community for beginner traders in Malaysia, Octa teamed up with Ezone Constantine, a trading expert and coach, to hold a workshop called Trading 101: Workshop for beginners in Kuala Lumpur. Held on 24 February 2024, this offline event focused on helping beginner traders learn Forex […]

K Raveendran The UAE and Saudi Arabia, the Middle East’s two powerhouses, are engaged in a no-holds barred competition to claim the coveted title of the region’s business and financial capital. Until some time back, the UAE had virtual monopoly in this regard, with Dubai remaining unchallenged as a magnet for foreign investments. But things have changed of late as Saudi Arabia has embarked on a new […]

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The Abu Dhabi-based global investment platform, Investopia, kicked off its third annual conference on February 28th. Themed “Emerging Economic Frontiers: Investing in the New Economy Growth Sectors,” the summit brought together a diverse group of investors, government officials, entrepreneurs, and economic experts to explore opportunities and strategies for capitalizing on the latest economic trends. The conference focused on identifying and analyzing promising new sectors that are driving […]

The cryptocurrency market witnessed a surge on Monday as Bitcoin, the world’s leading digital asset, shattered its previous all-time high, reaching a staggering $71,000. This record-breaking feat comes just weeks after Bitcoin surpassed the $69,000 mark, a level it hadn’t seen since November 2021. Analysts attribute this latest price increase to several converging factors. The recent launch of several US-based Bitcoin exchange-traded funds (ETFs) is believed to […]

Landmark collaboration will include an industry-wide survey in partnership with AMEC, exploring attitudes towards the value and effectiveness of PR practices across agency and in-house. NEW YORK, US – Media OutReach Newswire – 11 March 2024 – In a landmark collaboration that aims to redefine the value and effectiveness of public relations, PRovoke Media and the PR Council (PRC) have announced a new partnership focused on the […]

SmartMeasures, an innovative Australian AI startup renowned for delivering a managed service merging AI with Behavioral Science, is thrilled to announce the opening of its new office in Houston, Texas. Houston, Texas, United States – March 11, 2024 — This strategic expansion marks a significant milestone in SmartMeasures’ journey to take this proven cutting-edge technology to Retail Energy Providers (REPs) facing similar challenges of customer churn and […]

MicroStrategy, the prominent business intelligence company, has significantly bolstered its Bitcoin reserves by acquiring an additional 12,000 Bitcoins. This latest purchase, disclosed on March 10, 2024, cost the company roughly $821.7 million in cash, further solidifying its position as one of the world’s leading corporate holders of Bitcoin. The news comes amidst a period of relative stability for Bitcoin, with the world’s most popular cryptocurrency hovering around […]

Arabian Post Special The news of Saudi Aramco and Abu Dhabi National Oil Company (Adnoc) exploring investments in the US liquefied natural gas (LNG) sector signifies a potential power shift with significant ramifications for established players in the business and future market dynamics. This foray into US LNG comes at a time when American banks are increasingly hesitant to finance domestic LNG producers due to environmental concerns. […]

Investrade, a prominent Bahraini investment and asset management firm, announced a strategic acquisition recently. The company has secured a 53% stake in the Areen Park Hotel and The Land of Paradise Waterpark, both part of the larger Areen Master Development project situated in southern Bahrain. The signing ceremony, held at the Al Areen project site, was attended by distinguished figures including Shaikh Mohamed Bin Abdulrahman Al Khalifa, […]

Further strengthening Sentosa as a world-class destination, Sentosa Sensoryscape is the first key milestone of the Sentosa-Brani Master Plan to be completed, linking Resorts World Sentosa in the north to Sentosa’s beaches in the south. The 30,000 square metre oasis blends nature, design, and technology for an immersive, multi-sensorial journey, inspiring guests to let their senses wander. ImagiNite, a nighttime experience at Sensoryscape, is an outdoor immersive […]

BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. SINGAPORE – Media OutReach Newswire – 11 March 2024 – BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. The report provides valuable insights into the current trends and investment opportunities in the cryptocurrency market. Bitcoin, the flagship […]

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 7 March 2024 – Sahm Capital Financial Company, a leading brokerage firm licensed by the Saudi Capital Market Authority (No: 22251-25), showcased its all-in-one comprehensive trading solutions at booth H1A.C100 in LEAP 2024, a global technology event taking place in Riyadh. Throughout the four-day event, Sahm Capital also unveiled its latest AI-generated solutions, featuring an AI presenter named ‘Aliyah’, […]

The United Arab Emirates (UAE) and Switzerland are revving up their economic engines, aiming to propel bilateral trade and investment to new heights. A recent high-level UAE delegation, led by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, visited Bern and Basel in Switzerland to solidify existing ties and explore avenues for further collaboration. This economic push comes on the back of impressive […]

Dubai property developer, Binghatti, successfully debuted its Islamic bond, or sukuk, on the Nasdaq Dubai exchange on March 1, 2024. This marked a significant milestone for both Binghatti and the regional financial landscape. The $300 million sukuk, the first real estate benchmark dollar-denominated issuance of its kind in the Middle East and North Africa ( iced at 9.625% with a three-year maturity date, offering investors an attractive […]

Arabian Post Special Dubai, a city known for its glitz and luxury, is facing a potential rent squeeze for its residents. The revision of the Real Estate Regulatory Authority’s (RERA) rent calculator, a tool used to determine permissible rent increases, is raising concerns about a significant rise in housing costs. This comes at a time when the cost of living in Dubai has already been steadily climbing, […]

Launch of joint research on MSME resilience in Southeast Asia, and a focus on Malaysia and Thailand, detailing key risks and alternative approaches to insurance Presentation of the SME Loss Prevention Framework, a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks Showcasing Insurance Innovation Challenge Fund Malaysia solutions for protecting SMEs in the country Generali also expands its flagship SME […]

COPENHAGEN, DENMARK – Media OutReach Newswire – 7 March 2024 – Arla Foods Ingredients is taking a major step towards its carbon reduction goals with the construction of an electric heat pump facility at its primary processing plant in Denmark. The EUR 32 million project is Arla’s largest single investment in net-zero initiatives to date. Scheduled to go live in 2025, the facility at the Danmark Protein […]

In a move to solidify its presence in the UAE’s agricultural sector, Ghitha Holding, a subsidiary of the massive Abu Dhabi-based conglomerate International Holding Company (IHC), has acquired an additional 12% stake in Al Ain Farms for Livestock Production. The deal, valued at AED 61 million (roughly $16.6 million), was announced on Friday through a filing on the Abu Dhabi Securities Exchange (ADX). This acquisition is being […]

HONG KONG SAR – Media OutReach Newswire – 8 March 2024 – Representing another significant participant in the Hong Kong’s virtual asset sphere, fintech company AnchorX has announced its official establishment and plan for exploration of Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. AnchorX envisions becoming the most trusted provider of digital currency solutions in Asia, empowering reliable and efficient global exchanges. Industry leaders from both traditional finance […]

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