DUBAI – Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic. It is planning to issue U.S. dollar-denominated 10-year Islamic bonds, or sukuk, and 30-year conventional bonds, a document issued by one of the banks leading the deal showed. The planned deals […]
The chief executive of the Conares steel business is planning to build a steel mill in the UAE after gaining formal approval from the Dubai government to launch a business on the mainland. Bharat Bhatia intends to build a plant capable of manufacturing 100,000 tonnes of steel per year after securing a licence from Dubai FDI, an arm of the Department of Economic Development, for a 100 […]
Tested and proven to deactivate 99.9% of viruses SINGAPORE – Media OutReach – 31 August 2020 – Jestac, a leading interior specialist company, has launched Lonprotect, Singapore’s first antiviral vinyl wallpaper and flooring. Lonprotect uses an advanced antiviral technology from Japan that is able to reduce the effectiveness of contagious viruses by 99.9% within an hour. The technology has been tested on the avian coronavirus and the avian influenza […]
UAE – The construction of all country pavilions for Dubai Expo 2020 will be completed by end of this year and the UAE is working on developing guidelines to ensure a Covid-free Expo site. Bureau International des Expositions (BIE), which oversees and regulates World Expos, said preparations for the mega event have continued in recent months in adherence to the precautionary measures taken by UAE authorities. A […]
As we celebrate the sixth Emirati Women’s Day, it is evident that the year 2020 has been exceptional. Some of the many remarkable plans the UAE had intended for this year included the launch of the Mars mission in July, the commissioning of the first nuclear energy plant in the Middle East in Abu Dhabi shortly thereafter, and the inauguration of Expo 2020 Dubai – the largest […]
An Expo 2020 Dubai chief praised the “indomitable spirit” of the event’s international community and vowed the UAE would deliver a world class spectacle next year. Reem Al Hashimy, Minister of State for International Co-operation and director general of Expo 2020 Dubai Bureau, admitted the Covid-19 pandemic had tested the relationships of countries across the globe. But she said the first ever hosting of the Expo in […]
Core operating performance continues an upward trend, revenue up 10.5% to RMB388 million while core net profit up 14.4% to RMB270 million. Occupancy rate for stabilized logistics parks remains high at 89.7%; gross floor area (GFA) of investment projects is approximately 4.39 million sq.m and GFA of land held for future development is approximately 5.01 million sq.m. Steadily developed investment fund project. The Group announced the establishment […]
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 […]
Takeaways from the AIA Real Rewards Poll 2020 highlight the value of an all-rounded approach to health, and provides insights on opportunities to further support Singaporeans on their health journey SINGAPORE – Media OutReach – 27 August 2020 – AIA Singapore today announced findings from the AIA Real Rewards Poll 2020 which revealed that: As a result of COVID-19, two-thirds (65%) of Singaporeans realise that they have been […]
BROKER, to be produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema, and headlines a top class Korean cast comprising Song Kang-ho, Gang Dong-won and Bae Doona To be directed by celebrated Japanese film director, Kore-eda Hirokazu, who won the 2018 Palme d’Or at the Cannes Film Festival for his film SHOPLIFTERS, BROKER will be his first ever Korean production Screenplay works for BROKER is on-going and […]
Over S$18.3 million has been disbursed so far to help ERA teammates tide through challenging times in the form of commission and management fee advances, loyalty growth dividends, skills development training and subsidies of business costs. Ground-breaking Commission Advancement initiative, through partnership with LytePay and Rapyd, gives real estate salespersons (RES) access to commissions, anytime and anywhere in the world SINGAPORE – Media OutReach – 20 August 2020 – ERA Singapore […]
Urban Commons believes it is time to unite and deliver a sustainable survival plan for the REIT The Sponsor objects to deliberately being portrayed in a negative light SINGAPORE – Media OutReach – 21 August 2020 – In a Breach Notice sent to Eagle Hospitality Trust (EHT or REIT), Urban Commons (UC or Sponsor or Master Lessee), the Los Angeles-based real estate investment and development firm and Sponsor of EHT, has […]
Market Opportunities Arise for “Eco-friendly and People-oriented Property” Rapid Growth in Core Net Profit Make Efforts to Deploy Urban Renewal Increase Land Bank to Accelerate Geographic Deployment HONG KONG, CHINA – Media OutReach – 20 August 2020 – JY Grandmark Holdings Limited (“JY Grandmark” or the “Company“, which together with its subsidiaries, is referred to as the “Group“, stock code: 2231), a property developer and operator and […]
COUNTRY LATEST UPDATES Saudi Arabia Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance. 28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]
Florida is one of the most popular tourist destinations in the world. Our 21 million residents are joined by 120 million visitors who flock to the Sunshine State each year. Now Florida is best known for Disney World and beaches, yet its first draw was its natural attractions. Much of Florida’s original nature is still here but often hidden in plain sight of the amusement parks and […]
When you think about places for fall color in the U.S., New England probably comes to mind, and though it deserves the notoriety, it’s just one of many regions to witness the resplendent change of seasons. No matter where you live, there’s likely an excellent destination to photograph the rich, warm colors of autumn within a day’s drive. We asked 10 photographers to share the details behind […]
Revenue of RMB1,093 Million and Net Profit of RMB269 Million Interim Dividends of HK17 Cents Per Share HONG KONG, CHINA – Media OutReach – 19 August 2020 – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries, known as the “Group”; stock code: 1234) has today announced its 2020 Interim results. Results Highlights Revenue amounted to RMB1,093 million Net profit amounted to RMB269 […]
Offering up to 100% Shopping Rebate along with “Recycle & Reward” Program to Promote Green Living HONG KONG, CHINA – Media OutReach – 19 August 2020 – Since its launch in mid-June, Hang Lung Properties‘ SPEND TOGETHER campaign has generated close to HK$35 million in sales across our malls including Fashion Walk, Grand Plaza, Gala Place, Hollywood Plaza, Peak Galleria, Amoy Plaza, and Kornhill Plaza. Following this spectacular success, Hang […]
HONG KONG, CHINA – Media OutReach – 18 August 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, enhances agility and automation in cloud security through integrations with Amazon Web Services (AWS). As a result, Trend Micro delivers flexible and scalable all-in-one security that helps DevOps engineers securely build and innovate as they migrate to and build in the cloud. Trend Micro has demonstrated […]
By Matein Khalid While brick and mortar property in Dubai is in a vicious bear market spiral, the COVID pandemic has been a dramatic money making opportunity in the shares of industrial property landlords. I had recommended the shares of Prologis (PLD), the NY listed logistics REIT at $60 on April 15th, 2018 and had it published in my media columns in the GCC and Britain. Prologis […]
Expo 2020’s global innovation and partnership programme has announced the provision of additional support to innovators from around the world facing financial hardship as a direct result of the global pandemic Expo Live has set aside AED3.7 million (US$1 million) in an Emergency Relief Fund, ERF, to support innovators from its global innovation and impact grant programme who are facing immediate financial hardship because of the ongoing […]
The partnership signals Lu International’s plan to capitalise on growth opportunities for financial services in some of the world’s up and coming economies, throughout and beyond Southeast Asia SINGAPORE – Media OutReach – 18 August 2020 – Lu International (Singapore) Financial Asset Exchange (PTE) Ltd. (‘Lu International’), a subsidiary of China’s leading retail fintech enterprise Lufax Holding, and KASIKORNBANK, one of Thailand’s largest banks, have recently announced a strategic partnership […]
