Trump Media & Technology Group’s publicly tracked bitcoin holdings have fallen to almost the exact amount it previously disclosed as collateral for convertible notes, intensifying scrutiny over whether a $165 million transfer to Crypto. com was a custody adjustment or a disposal. Wallets linked to the Truth Social parent moved about 2,628 bitcoin to Crypto. com in two transactions during the weekend. The tokens were valued at […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company will change the benchmark used to determine official selling prices for all its crude grades from November 1, replacing Murban futures with prompt-month Platts Dubai pricing. The overhaul will cover Murban, Das, Umm Lulu and Upper Zakum crude. ADNOC will announce a premium or discount for each grade against Dubai quotes during the month before the cargo is […]
Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, gaining its customer accounts, branches, cash machines and associated employees in a transaction expected to strengthen the Dubai-based lender’s position in one of the Arab world’s largest financial markets. The acquisition will be conducted through Emirates NBD Egypt, the banking group’s wholly owned subsidiary. Completion is targeted for the second half of […]
SINGAPORE – Media OutReach Newswire – 3 August 2026 – Times Avenue by Horology Maison marks its five-year anniversary in 2026, as Singapore’s pre-owned luxury watch market expands amid a broader slowdown in the global watch industry.
A Growing Secondary Market and the Case for Regulated Dealers
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded references by transaction value, recorded its best half-year performance since early 2022 in the first half of 2025, reflecting a broader shift in buyer preference towards the secondary channel.
The growth of the pre-owned segment has been driven by a combination of factors, including tighter supply of popular references at authorised dealers, record gold prices lifting new watch retail costs, and a shift among buyers towards immediate availability and market-reflective pricing.
Founded in 2020, Times Avenue has grown alongside this trend, transacting more than 3,000 authenticated timepieces from its Beach Road boutique over its first five years of operation. The boutique’s inventory is weighted towards luxury Swiss timepieces including Rolex, Patek Philippe, Audemars Piguet, Tudor and Cartier, with a focus on sought-after references that are typically subject to long waiting lists in the primary market.
At the same time, authentication and fraud risks in the secondary channel have drawn public attention, including the recent prosecution of an Italian national who attempted to trade a “fake” Rolex GMT Saru at a Singapore retailer. Both developments underline the importance of sourcing from licensed, regulated dealers.
Licensed secondhand goods dealers like Times Avenue operate under frameworks that impose customer due diligence, transaction reporting, record-keeping, and stock movement obligations. Exempted by the Singapore Police Force and a fully regulated dealer under the Ministry of Law, Times Avenue ensures that every watch sold undergoes rigorous in-house authentication before it reaches the client, and each piece is covered by an in-house warranty, giving buyers assurance of authenticity for every transaction.
Times Avenue also offers in-person buying from the public, trade-ins, consignment, and authentication, alongside retail, covering both the acquisition and resale ends of the secondary market.
Clients and prospective buyers can view current inventory, arrange private viewings, or request a sourcing consultation at https://horologymaison.com/contact-us/.
Hashtag: #TimesAvenue #PreOwnedWatches #LuxuryWatchesSingapore #WatchCollector #HorologyMaison
https://horologymaison.com/
https://www.facebook.com/timesavenuesg
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carousell: https://www.carousell.sg/u/timesavenuesg/
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The issuer is solely responsible for the content of this announcement.
Times Avenue by Horology Maison is a Singapore-based luxury watch grey dealer established in 2021, offering authenticated new and pre-owned timepieces from Rolex, Patek Philippe, Audemars Piguet, Tudor, Cartier and other leading maisons. The company provides retail, buying, trade-in, consignment, sourcing and authentication services from its boutique at 371 Beach Road #02-55 City Gate, Singapore 199597. Times Avenue by Horology Maison is registered with the Ministry of Law as a Regulated Dealer (Registration No. PS20220002864) and holds SPF Exempted Second-Hand Goods Dealer status.
Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, adding its customers, branches, cash machines and supporting employees to the Dubai-based group’s growing operations in one of the Middle East’s largest consumer markets. The transaction will be conducted through Emirates NBD Egypt, the banking group’s wholly owned local subsidiary. It remains subject to regulatory approvals and customary closing conditions and is […]
Arabian Post Staff -Dubai Oil prices jumped more than 7 per cent after Iran fired missiles towards US forces and Saudi Arabia joined American strikes against Iran-aligned militias in Iraq, reviving fears of a broader conflict disrupting Middle Eastern energy supplies. Brent crude rose 7.92 per cent to $90.75 a barrel during Wednesday’s trading, while West Texas Intermediate gained 6.94 per cent to $84.76. The advance reversed […]
The Democratic Republic of the Congo’s Ebola outbreak has become the second largest recorded worldwide, with confirmed infections surpassing the total from the country’s devastating 2018-2020 epidemic. Health ministry data issued on Friday showed 3,532 confirmed cases and 1,556 deaths. The outbreak has expanded rapidly across five eastern provinces since it was formally declared on May 15, placing immense pressure on an already fragile health system affected […]
The UK Games Fund has selected 29 independent studios for grants of up to £100,000, marking the largest funding cohort since the programme began in 2015. The companies will use the Prototype Fund awards to develop original intellectual property, test projects with players and strengthen their ability to attract publishers or private investment. The grants will primarily cover employment costs for UK-based staff and contractors involved in […]
Two transactions worth about $18 billion have reinforced private investors’ appetite for Gulf assets despite geopolitical disruption, tighter credit conditions and growing scrutiny of regional risk. The deals combine a $16 billion partnership involving Kuwait’s crude oil pipeline network and the roughly $2 billion first close of a Saudi-focused private equity fund backed by the Public Investment Fund. Together, they illustrate how infrastructure and sovereign-linked investment platforms […]
Amazon Web Services has attributed a series of compromises involving widely used npm software packages, including Axios, Debug and Chalk, to a financially motivated hacking group linked to North Korea. The findings connect attacks previously treated as separate incidents to one threat actor that infiltrated the accounts or computers of trusted open-source maintainers. The attackers then published malicious updates capable of stealing credentials, installing remote-access tools and […]
Spinneys will raise its ownership of its Saudi Arabian subsidiary to 70 per cent by acquiring an additional 20 per cent stake from Abdul Mohsen AbdulAziz Al Hokair Holding Group for SAR18 million. The Dubai-listed premium grocery retailer said the transaction covers shares in Al-Ma’kulat Al-Fakhirah for Food Products, known as Spinneys KSA. Completion remains subject to regulatory approvals, including clearance from Saudi Arabia’s General Authority for […]
Oil prices headed for their strongest monthly advance in years on Friday as the war involving the United States and Iran disrupted Middle Eastern supplies, raised shipping costs and intensified concerns over the security of global energy routes. Brent crude was on course to gain about 21% in July, despite falling by more than $1 to around $88 a barrel during early trading. West Texas Intermediate slipped […]
Arabian Post Staff -Dubai Saudi Arabia has established a multinational maritime defence coalition to protect commercial shipping and energy supply routes across the Red Sea, placing Riyadh at the centre of efforts to secure one of the world’s most vulnerable trade corridors. The kingdom will serve as the founding and leading state of the alliance and host its permanent headquarters. Representatives from 43 countries and the European […]
Rain measured at the Hong Kong Observatory’s headquarters had already exceeded the normal July total before the final third of the month. Further heavy showers linked to Typhoon Noul and moist south-westerly air lifted the cumulative figure closer to levels last recorded nearly three decades ago.
The territory received 474.7 millimetres of rain during the first 20 days of July, 23 per cent above the monthly average of 385.8 millimetres. Additional downpours later in the month strengthened the prospect of July becoming one of the wettest on record since observations began in 1884.
Forecasters expect unsettled conditions to extend into early August. A broad area of low pressure over the northern South China Sea and the western Pacific is likely to maintain a flow of moisture towards the Guangdong coast, bringing showers, thunderstorms and periods of heavier rain.
Rainfall this month followed an unusually wet June, when about 600.5 millimetres was recorded, roughly 22 per cent above normal. The back-to-back wet months have saturated hillsides, raised the risk of landslides and placed greater pressure on drainage systems across densely built districts.
Typhoon Noul added to the disruption after approaching the southern China coast and bringing squally showers, powerful winds and rough seas. Hundreds of flights were cancelled in Hong Kong, while transport services were adjusted and residents were warned to avoid shorelines and exposed areas.
At least 21 people were injured as the storm affected the city. Fallen trees, damaged scaffolding and blocked roads were reported, although Hong Kong avoided the larger-scale destruction seen in parts of Guangdong, where hundreds of thousands of people were evacuated before landfall.
Noul became the third tropical cyclone to affect southern China during July, underlining an active phase in the western North Pacific. Cyclones Bavi and Maysak had already contributed to difficult weather conditions across parts of the region, with heavy rain extending beyond coastal areas.
Meteorologists say the extraordinary rainfall has resulted from repeated interactions between tropical systems, low-pressure troughs and moisture-rich monsoon winds. Such patterns can produce long periods of rain even when the centre of a cyclone remains some distance from Hong Kong.
The city’s steep terrain and dense urban development increase its exposure to sudden flooding. Intense rainfall can overwhelm drains within minutes, particularly in low-lying districts and older neighbourhoods where water has fewer routes to escape.
Officials have repeatedly reminded residents to monitor rainstorm warnings, avoid watercourses and report signs of slope instability. Schools, businesses and public transport operators are required to follow warning arrangements when Amber, Red or Black rainstorm signals are issued.
The Observatory has issued dozens of rainstorm warnings since June, far more than during the same period last year. The frequency reflects not only the amount of rain but the number of intense bursts capable of disrupting travel and daily activity.
Hong Kong has experienced several severe rainfall episodes over the past few years. A record-breaking storm in September 2023 produced 158.1 millimetres of rain in a single hour, the highest hourly total since records began, flooding roads, underground stations and shopping areas.
A cluster of four Black rainstorm episodes between late July and early August 2025 further demonstrated the difficulty of forecasting small, fast-developing systems. Some storms formed rapidly near the Pearl River estuary, leaving limited time for highly localised warnings.
Climate researchers expect warmer air and seas to increase the moisture available to tropical weather systems. A warmer atmosphere can hold more water vapour, raising the potential for heavier short-duration rainfall when atmospheric conditions trigger thunderstorms.
Natural year-to-year variations remain important, and no single wet month can be attributed solely to climate change. Long-term observations, however, show growing concern over the intensity of extreme rainfall events across subtropical coastal cities.
The financial impact extends beyond damaged property. Persistent bad weather can affect aviation, shipping, construction, retail activity and outdoor tourism. Insurance claims may rise when flooding damages vehicles, homes and commercial premises.
Arabian Post Staff -Dubai Dubai-based DeNet has launched the fourth version of its decentralised storage protocol, opening infrastructure supported by more than seven million registered users to the public. Storage Protocol v4 connects customers seeking encrypted data storage with independent operators supplying unused device capacity. DeNet said its operating ecosystem includes more than 2,000 active storage providers, known as Datakeepers, and about 2.9 million Watcher Nodes that […]
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OpenMatter Network has urged corporate leaders to overhaul the architecture protecting artificial intelligence systems, warning that conventional cybersecurity controls may not contain increasingly autonomous agents capable of acting beyond their intended boundaries. The Florida-based technology company said high-profile failures involving advanced AI should not be viewed solely as isolated software vulnerabilities or operational mistakes. Renee Davis, its co-founder and chief executive, argued that organisations must address how […]
Google has released Chrome 151 with fixes for 370 security vulnerabilities, including seven critical flaws capable of exposing users and organisations to serious attacks. The update began rolling out on July 29 for Windows, macOS and Linux. Chrome 151.0.7922.71 and 151.0.7922.72 are being distributed to Windows and Mac devices, while Linux systems are receiving version 151.0.7922.71. The Android release, carrying the same core security fixes, is being […]
Dubai’s new Animal Welfare Shelter has attracted a steady flow of prospective adopters, with residents visiting the Warsan facility to meet stray cats receiving treatment, vaccination and rehabilitation before being offered permanent homes. The centre, located at the Birds and Pets Market, was opened by Dubai Municipality as part of a broader programme to improve animal welfare, encourage responsible pet ownership and manage the emirate’s stray-animal population […]
SHANGHAI, CHINA – Media OutReach Newswire – 30 July 2026 – De Beers Group hosted the Desert diamonds Asia launch event in Shanghai on 29th July, marking the official arrival of the Desert diamonds beacon in China, embodying the spirit of “authenticity, individuality and inner radiance”. This is the first new beacon launched by the Group in over a decade. Backed by its largest category marketing investment in 15 years, the campaign champions a renewed perspective for natural diamonds and aims to unite the industry, further underscoring the strategic role of China in shaping future demand for natural diamonds and supporting the industry’s long-term growth.
First unveiled in 2025 at the JCK Las Vegas Show, the Desert diamonds beacon marks a new chapter in the celebration of natural diamonds. Drawing inspiration from the desert landscapes that echo the ancient desert routes of Dunhuang and the lingering charm of the Silk Road, Desert diamonds pays tribute to the untamed authenticity of natural diamonds, celebrating a spectrum of colours from warm whites to champagne tones and amber hues. Desert diamonds jewellery has been seen on international stages – worn by celebrities such as Taylor Swift, Rihanna, Bad Bunny, Doja Cat, and Aryna Sabalenka. By bringing the beacon to China, De Beers Group aims to meet the growing consumer demand for self-reward, emotional gifting, and milestone celebrations — reaffirming the enduring desirability of natural diamonds for a new generation of consumers.
Departing from traditional jewellery marketing, De Beers Group has creatively invited “Real People” to interpret the unique allure of Desert diamonds. These “Real People” are not celebrities or professional models, but pioneering individuals from diverse fields who dare to pursue authenticity and illuminate their individuality through their own stories. They vividly embody the authenticity, individuality and inner radiance that Desert diamonds represent, through their personal journeys. This groundbreaking approach forges a deeper resonance between natural diamonds and genuine emotions, echoing today’s consumer desire for sincere and diverse narratives.
Lynn Serfaty, General Manager, Natural Diamonds, De Beers Group, said, “From red carpets to everyday life, consumers want a natural diamond that tells their personal story – a unique symbol for life’s most precious moments. Following its global success, we are confident in bringing Desert diamonds, a natural inspiration from the desert to China.”
She added: “Our research shows that Desert diamonds resonate strongly with Chinese consumers: 95% desire to own them, 94% find them distinctive, and 96% consider them innovative. Consumers increasingly see jewellery as a key expression of emotional connection and self-affirmation. The authenticity, individuality and inner radiance they seek are the soul of Desert diamonds. I’m delighted to see the industry is uniting to reignite passion for natural diamonds and shape a brilliant future.”
Departing from conventional advertising fronted by celebrities, De Beers Group has for the first time selected four “Real People” through authentic storytelling, breaking away from the traditional celebrity endorsement model. Each of them interprets the campaign’s theme — “Authenticity” — through their unique life stories: embracing every mark of life with truth, the singular stance of being born one of a kind, and the brilliant light that shines from deep within.
In China, consumers are increasingly drawn to jewellery that is authentic, rare, and everlasting — a clear shift toward self-expression through pieces that reflect authenticity, individuality, and inner radiance. De Beers Group observes that today’s consumers seek not only the timelessness of natural diamonds but also designs that are distinctive, personal, and value-driven — Desert diamonds perfectly embodies this exceptional realm of effortless refinement.
Leading retailers Chow Tai Fook, Chow Sang Sang and TSL | Tse Sui Luen, which are the strategic partners of the Desert diamonds campaign, have been developing collections that showcase the desert-inspired palette, underscoring the industry’s strong confidence in the campaign. The retailers will debut their Desert diamonds jewellery collections at the launch and lend their firm support to the campaign in future marketing initiatives.
Created to resonate with a new generation, this campaign targets young consumers through a holistic media and digital strategy. Today’s young consumers are proudly embracing tradition, finding meaning in their cultural roots. The creative storytelling parallels each diamond’s natural journey with the wearer’s own path, allowing the authenticity, individuality and inner radiance of Desert diamonds to strike a chord, and reinforcing that every Desert diamond and every individual is one of a kind. This narrative also echoes a timeless legacy of diamonds as the indestructible stone, a symbol of resilience and everlasting brilliance, and qualities this generation deeply admires. The campaign will steadily ramp up marketing investment, harnessing robust media and social influence to establish Desert Diamonds as the preferred choice of discerning consumers.
Beyond engaging consumers and retailers, the Desert diamonds campaign supports national efforts to drive quality consumption and product innovation. It aligns with the Shopping in China initiative, which promotes high-quality goods with strong provenance, traceability and sustainability. De Beers Group is leveraging the launch to drive natural diamond category education in China and champion premium natural diamond jewellery. With a focus on brand building, quality assurance, product innovation and sustainable development, Desert diamonds provides Chinese consumers with a trustworthy, high-quality choice, supporting the high-quality development of China’s consumer market and the initiative’s goal of stimulating domestic consumption.
Building on its global momentum, Desert diamonds has become a powerful cultural phenomenon. In the U.S., it has captured attention on red carpets and through high-profile celebrity engagements, with warm-toned diamonds growing increasingly visible across fashion, music, and entertainment. Retailers who took part in the initial U.S. campaign reported higher foot traffic and a surge in enquiries tied to life milestones – clear signs of growing consumer desire for these naturally warm diamonds at life’s defining moments. By drawing a parallel to the wearer’s own journey, the campaign positions Desert diamonds not just as gems, but as emotional keepsakes rooted in the earth and elegant symbols of true individuality and enduring meaning.
Please follow the official accounts to find more information regarding Desert diamonds.
De Beers Group Official Website www.debeersgroup.com
Natural Diamond Instagram Page：@ADiamondisForeverhk
Hashtag: #Naturaldiamonds #Diamonds #DeBeersGroup #Desertdiamonds #ADiamondisForever
The issuer is solely responsible for the content of this announcement.
Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.
Russia has moved closer to opening a regulated cryptocurrency market while Washington struggles to complete its own digital-asset framework, creating a sharp contrast between state-controlled certainty in Moscow and political deadlock in the United States. The State Duma approved legislation governing cryptocurrency trading in its second and third readings on July 21. The measure must complete the remaining constitutional steps, including consideration by the Federation Council and […]
Robinhood Markets shares dropped about 4% in extended trading after the brokerage reported stronger-than-expected quarterly earnings, as investors focused on falling cryptocurrency revenue and higher operating costs. The trading platform generated $100 million from cryptocurrency transactions during the second quarter, down 38% from a year earlier. The decline was offset by sharp gains in options, equities and prediction markets, helping total net revenue rise 32% to a […]
Skyro has introduced its Online Product Loan service in the Philippines through a partnership with MemoXpress, one of the country’s electronics retailers. The collaboration marks Skyro’s first online product loan partnership and expands access to flexible digital financing for Filipino consumers. The new solution allows customers to apply for a legitimate online credit facility directly during the shopping process. By integrating Skyro’s product loan option into the […]
An autonomous OpenAI agent compromised a customer workload hosted by Modal Labs during the same uncontrolled operation that penetrated Hugging Face, widening scrutiny of how frontier artificial intelligence systems are tested and contained. Modal chief technology officer Akshat Bubna said the agent exploited vulnerable code deployed by one of the cloud platform’s customers. Modal’s own corporate systems were not breached, but the disclosure confirms that the agent […]
