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New Analysis: Record-Breaking Pro Athlete Contracts Warrant Robust Estate Planning Strategy

In advance of tax filing deadline, top tax and estate planning attorney publishes philanthropic tax deduction strategy for professional athletes. Scottsdale, Arizona, United States – March 20, 2024 — Scottsdale Professional athletes are earning three to five times more today than they did in previous decades (accounting for inflation) but often struggle to manage their newfound wealth skillfully, states an article recently published in Barron’s. Its author, […]

2024 Taipei 101 Run Up Sign-up to Start

TAIPEI, TAIWAN – Media OutReach Newswire – 21 March 2024 – A ceremony to mark the start of sign-up for the 2024 TAIPEI 101 Run Up Towerrunning World Championships was held on March 14, 2024. This event officially announced the holding of this international vertical marathon race yet again this year; online registration began at 12 noon on March 15, and the race will be held on […]

Indian Crypto Exchange Exodus: OKX Asks Users to Withdraw Funds

Indian cryptocurrency exchange OKX joined the growing exodus of foreign platforms from the country’s digital asset market on Thursday. In an announcement to its Indian users, OKX advised them to close their accounts and withdraw all funds before April 30th. This move comes nearly three months after the Financial Intelligence Unit (FIU), a wing of the Indian Finance Ministry, issued non-compliance notices to nine foreign crypto exchanges. […]

53% of Hong Kong Firms Target GBA for Growth, Driven by Innovation and Market Potential

HONG KONG SAR – Media OutReach Newswire – 21 March 2024 – The Page Insights C-suite Confidence Insights report for 2024 has unveiled findings, highlighting the Greater Bay Area (GBA) as the epicenter of business expansion and innovation for Hong Kong companies. An impressive 53% of businesses in Hong Kong are setting their sights on the GBA, incentivised by its expansive market opportunities, technological innovation and supportive […]

Dubai Aerospace Enterprise Secures US$420 Million Cash Injection

Dubai Aerospace Enterprise (DAE), a leading player in the global aviation services sector, announced the signing of a significant financing agreement on March 20, 2024. The company secured a US$420 million, five-year unsecured term loan from China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This strategic move strengthens DAE’s financial flexibility and provides a crucial cash injection to support the company’s future […]

Sonia alleges ‘systematic effort by PM to financially cripple Cong’

Levelling a serious allegation against the government weeks before the Lok Sabha election, former Congress president Sonia Gandhi has said the Prime Minister has made a systematic effort to cripple the party financially. The same charge was made by senior leader Rahul Gandhi as well. Addressing a press conference on Thursday, Mrs Gandhi said, “The […]

The post Sonia alleges ‘systematic effort by PM to financially cripple Cong’ first appeared on Latest India news, analysis and reports on IPA Newspack.

BlackRock Makes Splash in Tokenized Securities with Ethereum-Based BUIDL Fund

Asset management giant BlackRock has taken a significant step into the world of tokenized securities with the launch of its first such fund, BUIDL, built on the Ethereum blockchain. This move signifies a growing trend of traditional finance (TradFi) embracing blockchain technology to create digital representations of real-world assets (RWA) – a process known as tokenization. BUIDL, the BlackRock USD Institutional Digital Liquidity Fund, offers qualified investors […]

Expo Sharjah and Council of Arab Economic Unity Forge Partnership

Expo Sharjah, a leading Emirati exhibition center, has joined forces with the Council of Arab Economic Unity (CAEU) to bolster the Arab world’s exhibition sector. This collaborative effort comes amidst a period of transformation for the industry, with stakeholders grappling with the lingering effects of the COVID-19 pandemic and the ever-evolving landscape of exhibitions and conferences. Discussions between Expo Sharjah and CAEU centered on harnessing the collective […]

DAE Bolsters Financial Runway with US$420 Million Loan

Dubai Aerospace Enterprise (DAE), a leading player in global aviation services, has secured a significant financial boost with a new US$420 million, five-year unsecured term loan. The agreement, finalized on March 20, 2024, involves China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB) and signifies a strategic move for DAE. Firoz Tarapore, Chief Executive Officer of DAE, expressed his enthusiasm about the deal, […]

Tabreed Cheers Stellar Year with Record Dividend Payout

Tabreed, the United Arab Emirates’ leading district cooling provider, culminated a banner year by securing shareholder approval for a record-breaking dividend payout for the 2023 fiscal year. The announcement, made during the company’s Annual General Assembly, signifies Tabreed’s robust financial performance and its commitment to rewarding its investors. This year’s dividend, set at 15.5 fils per share and distributed entirely in cash, marks a significant increase of […]

Rates may not move, but markets will

Matein Khalid As we go into Fed watch purdah for the FOMC announcement tomorrow, one thing is certain. King Jay and his merry knights of the roundtable in DC will not move on interest rates but what they say about inflation and growth could move the financial markets with a seismic shock. The consensus prices-in at least three rate cuts in 2024 but the macro data, with […]

Borse Dubai’s Nasdaq Stake Sale: Hot Debate on Reasons

Arabian Post Special The decision by Borse Dubai, the largest shareholder in Nasdaq, to sell a third of its stake for $1.6 billion has sent ripples through the financial world. The move raises questions about Borse Dubai’s long-term strategy and its potential impact on the Dubai government’s reputation as a reliable investor. While Borse Dubai claims the sale is to “enhance capital structure and liquidity,” several factors […]

Axe TraderHub Set to Disrupt and Revolutionize Trading Forever

Axe TraderHub, a pioneering force set to disrupt the financial sector, announces the launch of its revolutionary trading platform available from March 18, 2024. London, England, United Kingdom – March 20, 2024 — At the core of Axe TraderHub’s mission is a staunch commitment to democratizing access to financial markets, setting day traders up for long-term success, and building a robust system of mutual prosperity through a […]

Criminal Intent Of Electoral Bonds Was Clear From The Day Of Inception

Prudential plc Full Year 2023 Results: Continuing Strong Performance

HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – Prudential plc (“Prudential”; HKEX: 2378; LSE: PRU) today announced its financial results for the year ended 31 December 2023. Performance highlights on a constant (and actual) exchange rate basis New business profit up 45 per cent (43 per cent) to $3,125 million. Excluding the effect of interest rate and other economic movements, new business profit […]

Chubb and Atome announce regional partnership to drive consumer protection across Southeast Asia

SINGAPORE – Media OutReach Newswire – 20 March 2024 – Chubb, a world leader in insurance, and Atome, one of Southeast Asia’s leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome’s customers in Singapore, Malaysia, the Philippines and Indonesia. Ben Howell, Regional […]

Prince Foundation Awards Third Batch of Chen Zhi Scholarship For 100 Recipients, Empowering Cambodia’s Next Generation

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 19 March 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, has recently hosted the third Chen Zhi Scholarship Award Ceremony, marking a significant advancement in educational empowerment. This event celebrated the selection of 100 students who are set to begin a transformative educational journey. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of […]

Islamic Banking in the UAE Soars Past $190 Billion Milestone

Islamic banking assets in the United Arab Emirates (UAE) have achieved a historic feat, surpassing the $190 billion mark by the close of 2023. This impressive growth signifies a robust and flourishing Islamic finance sector within the UAE. The statistics, compiled by the Central Bank of the UAE (CBUAE), reveal a significant rise of 11.5% year-on-year. This translates to a total asset value of AED 703.1 billion […]

Crypto Under Scrutiny: EU Tightens Anti-Money Laundering Net

European Union lawmakers have taken a significant step towards clamping down on financial crime with the provisional approval of three pillars of a wide-ranging anti-money laundering (AML) package. The new regulations, designed to crack down on illicit activities across the bloc, will bring cryptocurrency service providers under stricter scrutiny and establish a dedicated EU-level AML authority. This move signifies a major shift in how the EU tackles […]

Abu Dhabi’s Masdar Doubles Down on US Renewables with Terra-Gen Acquisition

Abu Dhabi’s clean energy champion, Masdar, has struck a deal to acquire a 50% stake in Terra-Gen, a leading US renewable energy producer. This strategic move strengthens Masdar’s foothold in the booming American clean energy market and bolsters Terra-Gen’s growth trajectory. The acquisition, announced on March 19, 2024, sees Masdar acquiring the stake from Energy Capital Partners (ECP), a prominent investor in energy transition projects. ECP will […]

Kaplan Singapore and Aston University Forge Landmark Partnership to Offer Doctorate and Other Postgraduate Degrees

Partnership also sees Aston Business School making its debut in Singapore SINGAPORE – Media OutReach Newswire – 19 March 2024 – Kaplan Singapore1 (Kaplan) has today announced Aston University from the United Kingdom as its newest university partner. The partnership will see an exciting array of in-demand Postgraduate Degree programmes, including Doctor of Business Administration and a suite of Master of Science programmes being offered to students […]

CoinMENA and Network International Team Up for Smoother Fiat Deposits

Cryptocurrency enthusiasts in the United Arab Emirates (UAE) can now breathe a sigh of relief. CoinMENA, a leading virtual asset service provider licensed in Dubai and Bahrain, has joined forces with Network International, a regional powerhouse in digital commerce solutions. This strategic partnership aims to simplify the process of converting fiat currency (like dirhams) into cryptocurrency, a hurdle often referred to as an “onramp.” Previously, UAE residents […]

Electoral Bonds Donation Is A Small Part Of BJP’s Financial Muscle Power

Tongcheng Travel Achieves Record High Results in 2023 Revenue Reaches RMB11.9 Billion Final Dividend of HK15 Cents Per Share

Continues to Penetrate Non-first-tier Cities in PRC and Taps into International Market Offers Diverse Travel Experiences to Develop Into New Generation National Travel Platform HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Tongcheng Travel Holdings Limited (“Tongcheng Travel” or the “Company”, together with its subsidiaries the “Group”, stock code: 0780.HK), an innovator and leader in China’s online travel industry, today announced its audited […]