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SL25 recognises and celebrates the 25 best projects of steward leadership excellence by for-profit organisations. Past honourees include Avtar Group, Last Mile Care Private Limited, Marico Limited, and Tata Consultancy Services. SINGAPORE – Media OutReach Newswire – 2 May 2024 – In an era where talk of sustainability often exceeds impactful action, Singapore’s Stewardship Asia Centre (SAC) and its partners have embarked on a mission to spotlight […]

The Abu Dhabi Emergency, Crises and Disaster Management Team (ECDM) convened on Wednesday, May 1st, 2024, to solidify the emirate’s preparedness for impending adverse weather conditions. The meeting, led by Staff Major General Pilot Faris Khalaf Al Mazrouei, Chairman of the ECDM and Commander-in-Chief of Abu Dhabi Police, centered on evaluating the readiness of local entities to effectively respond to any potential challenges arising from the expected […]

NEW YORK, USA – Media OutReach Newswire – 30 April 2024 – Recently, the globally leading cryptocurrency exchange ZUHYX announced that its application for the MSB financial license submitted to the FinCEN of the US Department of the Treasury has been approved, officially granting ZUHYX the MSB financial license. This approval marks a significant milestone in the compliance operations of ZUHYX and a crucial step in realizing […]

SINGAPORE – Media OutReach Newswire – 30 April 2024 – Chubb today announced that Kate Burke has been promoted to Head of International Personal Lines (IPL), Asia Pacific, effective 1 May 2024. In this role, Burke will be responsible for strategically growing the Auto, Residential, Specialty and High Net Worth lines of business across Chubb’s Asia Pacific operations. Burke will be based in Singapore and report directly […]

K Raveendran Without mincing …….. by K Raveendran Chief minister Pinarayi Vijayan loses no opportunity to blame all the troubles of the state on the Centre. For everything that is not to his or his party’s liking, from the fiscal constraints on borrowing to the distribution of the humble Bharat rice, the blame is invariably put at the door of the Modi government. To add further effect […]

HONG KONG SAR – Media OutReach Newswire – 30 April 2024 – Job title inflation, a common practice in Hong Kong[1] and Greater China, has recently become a global trend. According to Robert Walters, a leading specialist professional recruitment firm, there was a 46% rise in the number of UK and Ireland job adverts that had the words “lead” or “manager” in the title throughout 2023 – […]

Without Mincing by K Raveendran In the murky corridors of power, where shadows and secrets coil like serpents, the tale of the BJP’s electoral bond conquest has unfolded and there can’t be a greater embarrassment for the ruling party and the government at this juncture when voting for parliamentary elections is only a month away. The Supreme Court, resolute and unyielding, has cast its gaze upon this […]

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Dubai residents experienced a slight increase in living costs last February, according to the latest consumer price index (CPI) data released by Dubai Statistics Center. The index rose by 0.43% compared to January, indicating a modest uptick in inflation. While the February increase was relatively minor, it follows a trend of gradual inflation observed throughout the past year. Since February 2023, Dubai’s CPI has risen by approximately […]

The world’s largest luxury watch investment vehicle – WatchFund’s founder Dominic Khoo wins misrepresentation charges against all four Hong Kong businessmen and company MCA SINGAPORE – Media OutReach Newswire – 1 May 2024 – Dominic Khoo, founder of WatchFund, a multi-award-winning alternative investment firm, has won the misrepresentation trial against the plaintiffs in court. On 30 April 2024, after a trial spanning 12 days, the Singapore High […]

Dubai Holding, the investment conglomerate owned by the Dubai ruler, has undertaken a significant financial maneuver. They refinanced an $8.2 billion loan to consolidate debt held by two state-backed developers, Nakheel and Meydan, which they absorbed last month. This strategic move positions Dubai Holding to capitalize on the current boom in Dubai’s real estate market. The refinancing replaces older loan facilities with potentially more favorable terms, offering […]

Arabian Post Staff – Dubai International Airport (DXB), a titan among global aviation hubs, could be facing retirement as the emirate sets its sights on a future dominated by a new mega-airport. Dubai Airports CEO Paul Griffiths hinted at the possibility of DXB’s closure in a recent interview, citing the impending completion of a new passenger terminal at Al Maktoum International Airport. Al Maktoum, boasting a capacity […]

Net Profit Exceeds RMB10 Billion for the First Time with Diversified Synergistic Business Presence SHENZHEN, CHINA – Media OutReach Newswire – 30 April 2024 – On April 24th, Luxshare Precision unveiled its 2023 annual results, 2024 first-quarter financial figures and 2024 interim results forecast together, which brings positive market feedback due to its consistent improved profitability. With those eye-catching financial figures, Luxshare Precision’s stock price climbed over […]

Abu Dhabi is gearing up to host the Annual Investment Meeting (AIM) Congress 2024, a marquee event set to convene investors, industry leaders, and policymakers from around the world. Scheduled for May 7th to 9th, the summit will delve into the theme “Adapting to a changing investment landscape: harnessing new potential for global economic development.” The focus on adaptation reflects the ongoing shift in global investment trends. […]

HUANGSHAN, CHINA – Media OutReach Newswire – 30 April 2024 – Huangshan Tourism Group, which operates “the loveliest mountain of China” Huangshan, announced its partnership with Alipay, the leading digital payment and lifestyle service platform, to launch the “International Visitor Friendly Scenic Spot” initiative. The initiative aims to enhance the travel experience of global visitors in China ahead of a major holiday in the country, the May […]

BANGKOK, THAILAND – Media OutReach Newswire – 30 April 2024 – TwentyFold, the fintech intelligence platform from Money20/20 is expanding its global reach with a launch at Money20/20 Asia in Bangkok. Following a successful Early Access launch exclusively for Money20/20 USA customers, TwentyFold is now available to the Asian fintech and investment community. This platform offers comprehensive data and insights to drive smarter dealmaking and partnerships. TwentyFold […]

The Brane X speaker isn’t your average portable music player. Bucking the trend of sacrificing sound quality for size, the Brane X boasts a built-in subwoofer that delivers earth-shaking bass in a surprisingly compact package. This innovation has caught the attention of audiophiles and casual listeners alike, but is the Brane X all it’s cracked up to be? Central to the Brane X’s impressive bass is its […]

UAE businesses are setting their sights on the Kuwaiti market, with a two-day investment meet kicking off in Kuwait City on April 28th. The forum, titled “Unlocking Kuwait’s Potential,” is designed to foster collaboration and explore promising investment avenues between the two Gulf nations. Organized by the UAE Embassy in Kuwait alongside Kuwaiti government entities, the meet brings together key decision-makers, including UAE Minister of State for […]

The Giving Movement, a United Arab Emirates (UAE)-based clothing company known for its eco-friendly practices, has emerged as a significant contributor to humanitarian efforts in Gaza. Since the recent conflict began, the brand has funneled over 3 million UAE dirhams (approximately $816,798 USD) to Dubai Cares, a leading philanthropic organization in the UAE. These funds are earmarked for immediate relief efforts in Gaza. Dubai Cares, working alongside […]

The United Arab Emirates and Oman announced a significant expansion of their economic partnership on April 23, 2024, with the signing of a series of investment agreements valued at a combined $129 billion. This substantial commitment signals a new era of collaboration between the two Gulf nations, encompassing vital sectors like renewable energy, infrastructure, and technology. The landmark agreements were unveiled during a UAE-Oman Business Forum, co-hosted […]

Following the strongest performance for the S&P 500 Index since November, which propelled the US stock gauge close to its March record levels, investors now confront a crucial decision. They must determine whether the recent downturn witnessed earlier in the month was merely a temporary setback, or if the possibility of postponed policy easing by the Federal Reserve could potentially drag the market lower once more. It’s […]

North Korea’s notorious Lazarus Group is suspected of laundering hundreds of millions of dollars in cryptocurrency over the past four years, according to blockchain researcher ZachXBT. The report, published this week, alleges that the state-backed hacking group has funneled roughly $200 million worth of stolen crypto into traditional fiat currency. The Lazarus Group has been linked to a string of high-profile cyberattacks in recent years, including the […]

Dubai International Financial Centre (DIFC) has solidified its status as a premier destination for the world’s wealthiest families. Boasting over 120 billionaires and ultra-high net worth individuals (UHNWIs) with a combined net worth exceeding $1 trillion, DIFC has played a key role in propelling Dubai to the top spot in the Middle East, Africa, and South Asia (MEASA) region for wealthy residents. On a global scale, Dubai […]

HCM CITY, VIETNAM – Media OutReach Newswire – 29 April 2024 – The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has announced an ambitious pre-tax profit target of VND15.85 trillion (US$625.5 million) for 2024, a 22% increase from the previous year, at its annual general meeting on Friday, April 26. Customers conduct transactions at an HDBank branch in HCM City. Photo […]

Refreshing the Brand to Tap into Chow Tai Fook Enterprises’ Extensive Resources Consistently Committed to Creating Value Beyond Insurance HONG KONG SAR – Media OutReach Newswire – 29 April 2024 – FTLife Insurance Company Limited (“FTLife”) announced today that it will change its company name to Chow Tai Fook Life Insurance Company Limited (“CTF Life”) and launch the new brand in the third quarter of this year, […]

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