International real estate developer Dar Global announced record revenues of $360.6 million and posting a significant increase in gross profit to USD 146.4 million at a healthy margin of 41%. Dar Global’s revenue grew 351% year-on-year compared to 2022. Profit before tax stood at USD 81.2 million compared to a loss of USD 5.2 million in 2022. The company’s ambitious growth strategy in new markets and geographies following the London Stock Exchange listing […]
The Abu Dhabi National Oil Company (Adnoc) announced the successful completion of its acquisition of a 24.9% stake in OMV AG, a global energy and chemicals company headquartered in Vienna, Austria. The acquisition, finalized on February 29, 2024, was purchased from Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates. This strategic move aligns with Adnoc’s ambitions to expand its footprint in the […]
MANILA, PHILIPPINES – Media OutReach Newswire – 1 March 2024 – Wildflour Hospitality Group, a rapidly growing premium casual restaurant operator in the Philippines with 18 locations across over 50 spaces, today announced it has secured a significant equity investment from KV Asia Capital, a leading Southeast Asia-focused private equity firm which is making its first investment in the Philippines after completing successful investments across the region. […]
HONG KONG SAR – Media OutReach Newswire – 29 February 2024 – J-Long Group Limited (Nasdaq: JL) (the “Company” or “J-Long”), today announced that its board of directors has declared a special dividend of an aggregate of US$6,000,000.00 out of the distributable funds of the Company, to be paid to all holders of record as of March 11, 2024, of its outstanding shares of common stock. The […]
With about 950 properties across over 220 cities and counting, Ascott will be offering Unlimited Opportunities, Unlimited Choices, Unlimited Freedom, and Unlimited Good, to springboard to next chapter of growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), today announced the launch of ‘Ascott Unlimited‘, a […]
New C-suite leadership appointments to supercharge growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), announced a 28% year-on-year increase in fee-related earnings (FRE) to S$331 million, up from S$258 million in FY 2022. The announcement was made during CLI’s Full Year 2023 Financial Results which […]
By Nitya Chakraborty The stage is set for the holding of the Lok Sabha elections in April/May this year. The two Left parties CPI and the CPI(M) which played a major role in the formation of the Congress led UPA government after the Lok Sabha polls in 2004, are struggling o be relevant in Parliamentary […]
The post CPI And CPI(M) Have To Focus Most On Improving Lok Sabha Tally From Kerala first appeared on Latest India news, analysis and reports on IPA Newspack.
Saudi Arabia has achieved a significant milestone in its economic diversification strategy, welcoming over 100 million tourists in 2023. This remarkable achievement surpasses the ambitious target set by the Kingdom’s Vision 2030 plan a full seven years ahead of schedule. The tourism sector has emerged as a key pillar of Vision 2030, a comprehensive roadmap aiming to reduce the nation’s reliance on oil and foster economic growth […]
Learn about the five most common emotions associated with trading in the financial markets and how to overcome them. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 February 2024 – Trading psychology is an essential aspect of trading that many traders often overlook. The ability to control emotions and make rational decisions is crucial to success in the financial markets. In this article, we will discuss […]
Abu Dhabi’s International Holding Company (IHC) recently created sensation by inducting a non-voting board observer position for an Artificial Intelligence (AI) entity named Aiden Insight. This groundbreaking decision marks a potential turning point in how companies in the Gulf region, and perhaps globally, are governed and highlights the growing capabilities and disruptive potential of AI technologies. Aiden Insight, powered by IHC subsidiary G42 and developed in collaboration […]
Dubai:>Prospective homebuyers who have been priced out of the market by rising interest rates are taking steps to be ready if, as some predict, rates fall in the near future. A recent survey revealed how these sidelined individuals are strategizing for a potential return to the housing market. The survey found that a significant portion, nearly half (44%), are considering locking in a long-term fixed-rate mortgage, specifically […]
JAKARTA, INDONESIA – Media OutReach Newswire – 27 February 2024 – At the 2024 Indonesia International Motor Show (IIMS), VinFast was awarded two prestigious honors: “Favorite SEA Premier Launch” and “Best Booth Car”. These awards, achieved during VinFast’s inaugural brand launch in Indonesia, further solidify the company’s strong reputation and growing presence within the regional market. VinFast made a strong impression at its first IIMS 2024 appearance […]
By Nitya Chakraborty For the opposition INDIA bloc, after a chilling two months of despair and political setbacks following the desertion of Nitish Kumar led JD(U) and Jayant Choudhury led RLD to NDA, the last seven days of February have brought new optimism in the INDIA ranks. The period beginning February 20 when the Supreme […]
The post How To Bring Down BJP’s Present Lok Sabha Seats To 220 In 2024 Lok Sabha Polls? first appeared on Latest India news, analysis and reports on IPA Newspack.
HTX, a cryptocurrency exchange formerly known as Huobi, submitted an application for a license to operate in Hong Kong on February 20, 2024. However, in a surprising move, the company withdrew the application just three days later, on February 23rd. This unexpected development has left industry observers and potential investors wondering about HTX’s future plans in the Asian financial hub. The news of the withdrawal came from […]
Marking a significant breakthrough in XR, OPPO Air Glass 3 can access OPPO’s AndesGPT model via a smartphone app for generative AI capabilities. OPPO has established the OPPO AI Center and released the OPPO AI Smartphone White Paper as it continues to explore the forefront of AI development and implementation. OPPO, AlpsenTek, and Qualcomm Technologies have debuted new Hybrid Vision Sensing technology featuring AI Motion that is […]
Bitcoin bulls had a cause for celebration on February 26th as the world’s leading cryptocurrency experienced a sudden surge, briefly surpassing the $57,000 mark. This upward movement sent shockwaves through the market, particularly impacting those who had placed short bets against Bitcoin, a strategy known as short selling. Short sellers essentially borrow Bitcoin, sell it at the current market price, and aim to repurchase it at a […]
M. A. Hossain A dramatic shift in the United States’ stance is being observed after the January 7 general election in Bangladesh. The Biden administration consistently stressed the commencement of a free, fair, and participatory election throughout the electoral process. Since then, the dynamics of bilateral relations have gone through ups and downs. Recently, US President Joe Biden penned a letter to Prime Minister Sheikh Hasina, expressing […]
Leaders in Healthcare Technology, AI and Governance Join VinBrain’s Ranks HANOI, VIETNAM – Media OutReach Newswire – 26 February 2024 – VinBrain, a pioneering AI HealthTech company based in Vietnam, today announced the latest additions to its board leadership. Dr Gregory Moore, MD, PhD and Jonathan T. Fried to its Board of Directors and Advisory Board, respectively, effective immediately. Dr Moore and Mr Fried together bring a […]
Arabian Post Staff Dubai is poised for a surge in tourism, thanks to a recent relaxation of visa regulations by the UAE. In a move aimed at attracting visitors and boosting the local economy, the UAE introduced a new five-year multiple-entry visa specifically for tourists. This visa allows visitors to enter the country multiple times within a five-year period, with each stay lasting up to 90 days […]
Marking a significant step in its European expansion, General Motors (GM) unveiled the Cadillac Lyriq, its luxury electric SUV, in France on February 26, 2024. This move signals the American automaker’s return to the French market after a seven-year absence. GM’s previous presence in France ended in 2017 when it sold its European subsidiary, Opel, to the French automotive group PSA (now Stellantis). However, the company’s commitment […]
BANGKOK, THAILAND – Media OutReach Newswire – 26 February 2024 – The National Anti-Corruption Commission (NACC) has issued a formal advisory to both local and international investors regarding the practice of offering gratuities to government officials, which may constitute bribery and is subject to legal penalties under the latest anti-corruption regulations. The NACC’s Secretary-General, Mr. Niwatchai Kasemmongkol, emphasized that the regulatory framework established in 2020 includes criminal […]
By Arun Srivastava Pursuing the famous Marxist doctrine, one step forward and two steps backward, the Congress has relented to the demands of the satraps of the regional parties like TMC, SP and is virtually pitching to play second fiddle to them. To be reckoned as less important or being in weaker position is certainly […]
The post Rahul Stoops To Conquer, Sacrifices Few Seats For INDIA Bloc’s Benefit first appeared on Latest India news, analysis and reports on IPA Newspack.
BANGKOK, THAILAND – Media OutReach Newswire – 21 February 2024 – Reinforcing its success in establishing a borderless global business ecosystem, Siam Piwat Group, Thailand’s leading real estate and retail developer, the owner and operator of Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM, ICS, and Siam Premium Outlets Bangkok, has recently unveiled a significant collaboration. Partnering with Hyundai Department Store, […]
Abu Dhabi: The Emirates Tourism Council has unveiled the ‘National Tourism Charter,’ a pivotal component of the National Tourism Strategy 2031. The initiative, launched during the second meeting of the Emirates Tourism Council for 2024, chaired by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Council Chairman, aims to synchronize national efforts to foster sustainable growth in the UAE’s tourism industry. The primary goal is […]
