Arabian Post Staff The Abu Dhabi National Oil Company (ADNOC) announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing company. The completion of the formation of AIQ follows the signing of the JV agreement between ADNOC and G42 in November 2019 with ADNOC holding a 60-percent stake and G42 a 40-percent stake […]
HONG KONG, CHINA – Media OutReach – 6 October 2020 – The Jollibee Group opened Mainland China’s first-ever Tim Ho Wan in Shanghai recently, marking the Michelin starred restaurant’s entry into one of the world’s largest economies. Located in the Jing’an Kerry Center, which is just a few minutes away from the famous Jing’an Temple, Tim Ho Wan is the latest addition to the portfolio of brands being directly operated […]
Collaboration combines the reach, scale and reliability of SWIFT with IMDA’s efforts on technology and legal frameworks to accelerate trade digitalisation SINGAPORE – Media OutReach – 5 October 2020 – SWIFT and Singapore’s Infocomm Media Development Authority (IMDA) today signed a Memorandum of Intent (MOI) to accelerate trade digitalisation globally. The MOI looks at offering SWIFT’s community of more than 11,000 financial institutions and corporates in over 200 countries and […]
HONG KONG, CHINA – Media OutReach – 30 September 2020 – Puxing Energy Limited (“Puxing Energy” or the “Company”, together with its subsidiaries, the “Group”; stock code: 00090), the leading clean energy provider in Zhejiang Province, is pleased to announce that, with reference to the share purchase agreement (“Share Purchase Agreement”) entered into between Zhejiang Puxing Deneng Natural Gas Power Co., Ltd. (“Deneng Power Plant”), an indirect wholly-owned subsidiary of the Company, […]
Awards recognise outstanding contributions to FinTech sector, with Mr John Tsang, Senior Advisor of Bowtie, Mr Jim Lai, Vice President, Tencent Holdings Limited & Chairman, Fusion Bank Limited and Dr Suen Wai Mo, Founder & CEO, ClusterTech Limited on list of awardees HONG KONG, CHINA – Media OutReach – 25 September 2020 – The IFTA FinTech Achievement Awards 2019 (the “Awards”) organized by the Institute of Financial of Technologists of Asia […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 25 September 2020 – The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) today announced the signing of an agreement to issue convertible bonds and enter into a strategic tie-up with DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH (“DEG”). DEG will invest in convertible bonds issued by HDBank. The two parties will have a strategic partnership for developing products, services and […]
Union Properties announced it has received an offer of AED 400 million for a 40% stake in its subsidiary Dubai Autodrome, UAE’s first fully-integrated multipurpose motorsport and entertainment facility. Dubai Autodrome, one of the hallmarks of Union Properties PJSC, includes a number of world-class racing circuits and is the only one of its kind in Dubai. It has hosted world-class races, including the FIA GT Championship, European […]
By K Raveendran The ongoing investigations into the sensational case of gold smuggling through the diplomatic channel provide a live example of the nexus between gold, drugs, dirty money and havala. All preliminary findings point to a ‘standard operating procedure’ followed across the world by the underworld, as highlighted in what has been called the FinCEN files, just published by the International Consortium of Investigative Journalists (ICIJ). […]
SINGAPORE – Media OutReach – 24 September 2020 – Ashnik today announced expanded open source database-based services through a new agreement with Redis Labs for Southeast Asia and India. Redis Labs is the home of Redis, the world’s most popular in-memory database, and the commercial provider of Redis Enterprise, which delivers instant experiences in a highly reliable and scalable manner for organizations ranging from high-growth start-ups, to large enterprises, and government agencies. […]
HONG KONG , CHINA – Media OutReach – 7 September 2020 – The Global Initiative to End Wildlife Crime (EWC) today outlined an innovative “One Health” approach to reforming wildlife trade laws that the group said would help avoid future devastating wildlife-related pandemics. Photograph by Paul Hilton / Earth Tree Images™. Further press materials, copyright information and captions can be downloaded here. www.endwildlifecrime.org “No organisation on its own can […]
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 […]
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 […]
Deployment of Teman Sehat (“Health Buddy”) in hotels, recreational parks and markets in Pekanbaru, Indonesia Extended Teman Sehat to include integration with Covid-19 testing and provide testing passports for a complete ecosystem solution Combination of Teman Sehat and proprietary testing technology to combat the pandemic ZURICH, SWITZERLAND – EQS Newswire – 20 August 2020 – Achiko AG (SWX:ACHI, ISIN CH0522213468) is pleased to announce the deployment of […]
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 […]
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 […]
SINGAPORE – Media OutReach – 18 August 2020 – The Board of Directors (“Board“) of Spackman Entertainment Group Limited (“Company“ and together with its subsidiaries, the “Group“) wishes to inform shareholders that the Company has today entered into a non-binding memorandum of understanding (“MOU“) with Spackman Equities Group Inc (“SQG” or the “Purchaser“), a company listed on the TSX Venture Exchange in Canada, pursuant to which the Company intends to sell […]
HANOI, VIETNAM – Media OutReach – August 13, 2020 – On August 12, 2020, VinSmart Research and Production Joint Stock Company (a subsidiary of Vingroup) officially announced the strategic agreement with Medtronic plc to produce components for Medtronic’s ventilators. It is expected that around 50,000 units of Vingroup’s ventilator components will be exported to the US and Ireland over the next year. Medtronic is among the world’s largest medical technology, […]
