Joining City of Dreams as Melco’s second IR honored by Prix Versailles MACAU SAR – Media OutReach Newswire – 12 July 2024 – Melco Resorts & Entertainment’s Studio City is home to one of the World’s Most Beautiful Hotels according to UNESCO’s World Architecture & Design Award, the Prix Versailles. Awarded to W Macau – Studio City located at the cinematically themed resort Studio City, the property […]
BEIJING, CHINA – Media OutReach Newswire – 12 July 2024 – “The essence of Confucianism is to promote social and national stability by instructing people on how to live, which is applicable worldwide and in any era,” said Yasuo Fukuda, former prime minister of Japan and chairman of the International Confucian Association at an international forum held in Qufu, Shandong Province, the hometown of Confucius on Wednesday. […]
YINCHUAN, CHINA – Media OutReach Newswire – 12 July 2024 – International experts and enterprises involved in the wine industry are set to gather in northwest China’s Ningxia Hui Autonomous Region, China’s leading wine-producing area, for an expo in August. This photo taken on July 11, 2024 shows a press conference of the Fourth China (Ningxia) International Wine Culture and Tourism Expo in Yinchuan, northwest China’s Ningxia […]
HONG KONG SAR – Media OutReach Newswire – 12 July 2024 – Today, IX Asia Indexes announced the 2024 2nd quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 19th July, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index (“IXCI”) […]
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months ended 30 June 2024. The Group’s sales for the quarter ended 30 June 2024 were US$935 million […]
RIYADH — Saudi Arabia has climbed to the second spot on the list of best countries for expatriates, a significant leap from its 14th position last year, according to a recent survey. The kingdom was outperformed only by Denmark in the Working Abroad Index, with over half of respondents expressing satisfaction with the local job market. The survey highlighted Saudi Arabia’s remarkable progress in career prospects, surpassing […]
Combining comprehensive digital marketing solutions to explore new business opportunities in the field of sports HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Vision International Holdings Limited (“Vision International” and its subsidiaries, together, the “Group“, stock code: 8107) is pleased to announce that the Group has entered into a strategic cooperation framework agreement (the “Framework Agreement“) with Camping Club Network Technology Company Limited* […]
Indian cryptocurrency exchange CoinDCX, the nation’s largest by valuation, has announced a strategic move to solidify its presence in the global crypto market. In a recent development, CoinDCX acquired BitOasis, the leading cryptocurrency exchange platform in the Middle East and North Africa (MENA) region. This acquisition marks a significant step for CoinDCX, propelling it towards becoming a major international player in the cryptocurrency landscape.
Financial details of the acquisition haven’t been disclosed by either company. However, industry analysts believe the deal involves a substantial investment, considering BitOasis’ established position in the MENA region. Founded in 2016, BitOasis boasts a user base spanning 15 countries across the region and facilitates trading in over 60 cryptocurrencies. It has processed a trading volume exceeding $5 billion since its inception.
With this acquisition, CoinDCX gains access to a new and promising market. The MENA region has witnessed a significant surge in cryptocurrency adoption in recent years. Regulatory clarity and government initiatives supportive of blockchain technology have fostered a fertile ground for crypto businesses in the region. CoinDCX can leverage BitOasis’ experience and network to cater to this growing demand and expand its user base significantly.
The acquisition presents several advantages for BitOasis as well. CoinDCX’s financial muscle and technological expertise can empower BitOasis to accelerate its growth plans. The combined entity will boast a wider range of products and services, along with stronger liquidity, benefiting users on both platforms. Additionally, BitOasis can tap into CoinDCX’s institutional investor network, opening doors to new avenues for growth.
Experts believe this acquisition is a win-win for both companies. CoinDCX gains a foothold in a promising new market, while BitOasis receives the resources and backing to solidify its leadership position in the MENA region. The combined entity is expected to become a formidable force in the global cryptocurrency market, shaping the future of digital assets in these regions.
The U. S. Department of Justice (DOJ) announced on Wednesday that cryptocurrency exchange BitMEX pleaded guilty to violating the Bank Secrecy Act (BSA). This comes after accusations that the Seychelles-based exchange failed to implement a proper anti-money laundering (AML) program for a significant period. According to the DOJ, BitMEX operated without an adequate AML program between September 2015 and September 2020. This lapse allegedly allowed the exchange […]
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Canon Hongkong Company Limited (Canon Hong Kong) successfully held the “13th Canon x McDull Inter-school Ink Cartridge Recycling Award Presentation Ceremony cum Green Carnival” at the Canon Business Experience Center on 6 July 2024. Aiming at commending the winning schools for their outstanding performance in ink cartridge recycling, various green recycling booths and fun workshops […]
Strategic alliance between two Singapore companies aims to build an engaged community of luxury art collectors, comic fans and lovers of pop culture. SINGAPORE – Media OutReach Newswire – 11 July 2024 – XM Studios, a multi-award-winning global design studio specialising in the creation of luxury art collectibles, has formed a strategic alliance with HIDDEN, a fast-growing local social enterprise specialising in immersive games, to deliver new […]
AVIS Singapore sets new standards in car rentals, aiming to improve service quality and customer satisfaction. SINGAPORE – Media OutReach Newswire – 10 July 2024 – AVIS Singapore, part of the global mobility solutions provider, Avis Budget Group, announces significant enhancements to its car rental services, aiming to improve the customer experience and establish new benchmarks within the industry. AVIS Singapore sets new standards in car rentals. […]
Ukraine President Volodymyr Zelenskyy has reacted sharply to Prime Minister Narendra Modi’s brief visit to Russia and his interaction with Russian President Vladimir Putin. In a post on X (formerly Twitter) Zelenskyy referred to Russia’s attack Monday – in which at least 37 people, including three children, were killed after a missile strike on a […]
Saudi Aramco, the world’s largest oil producer by crude output, has re-entered the international debt market with a US dollar-denominated bond issuance. This marks the company’s first foray into the global debt market since 2021, signifying its continued financial strength and strategic investment plans. The details of the bond offering were announced on the Saudi Stock Exchange (Tadawul) on July 9th, 2024. The bonds will be senior […]
Artificial intelligence stocks have enjoyed a stellar run in 2024, with valuations reaching new heights. However, a recent report from Citigroup throws a bucket of cold water on the party, suggesting investors may want to consider taking some profits off the table. The report, led by strategist Drew Pettit, highlights the exceptional performance of AI-linked equities. Sentiment towards these companies is currently at its strongest point since […]
Prime Minister Narendra Modi, currently on a two-day official visit to Russia, engaged in an informal meeting with President Vladimir Putin at the latter’s official residence in Novo-Ogaryovo, near Moscow. During their discussions, the leaders addressed critical global issues, including the ongoing Ukraine conflict, with PM Modi emphasizing that “no solution can be found on […]
The Mumbai police on Monday found itself in a spot with the application of a provision of the Bharatiya Nyaya Sanhita in the BMW-hit-and-run incident, among the first high-profile cases under the newly-introduced law that replaced the British-era Indian Penal Code. A woman was killed and her husband injured in Worli early Sunday morning after […] 
