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AAP announces Rs 1,000 monthly assistance to all Delhi women

Delhi Finance minister Atishi on Monday announced the ‘Mukhyamantri Mahila Samman Yojana’ under which Rs 1,000 will be given monthly to all women aged above 18 from the fiscal year 2024-25. Atishi announced the scheme in her maiden budget speech. “The Kejriwal government will give a monthly amount of Rs 1,000 to every woman aged […]

The post AAP announces Rs 1,000 monthly assistance to all Delhi women first appeared on Latest India news, analysis and reports on IPA Newspack.

Modi Hijacks Congress Guarantees And Makes A Big Show Of It For 2024 Lok Sabha Poll

UAE Property Market to See Growth Despite Global Downturn

The United Arab Emirates’ (UAE) property market is defying the global economic slowdown, with Dubai and Abu Dhabi projected to see continued growth in 2024. This positive outlook comes amidst a backdrop of strong economic fundamentals, government initiatives, and rising investor confidence. Experts at a recent JLL event in Dubai, titled “Navigating the Growth Spectrum: Exploring Strategies for Sustained Success,” expressed strong optimism for the UAE’s real […]

Gains and pains of OPEC+ decision to extend output cut

Arabian Post Special The reported decision by OPEC+, the alliance of oil-producing countries led by Saudi Arabia and Russia, to extend production cuts until the end of the second quarter, while seemingly straightforward, carries significant implications for both producers and consumers, and its long-term impact remains to be seen. The decision serves to bolster oil prices by limiting supply at a time of growing global demand. The […]

An Etihad IPO would be a game changer for Gulf aviation

K Raveendran A reported move by Abu Dhabi to launch an Initial Public Offering (IPO) for Etihad Airways has sent ripples through the Gulf’s aviation sector. This potential move, if realized, would mark a historic first for the region, potentially setting a precedent for other major airlines to follow. Firstly, an Etihad listing would be a significant step away from the traditional state-owned model prevalent in the […]

Dubai diversifies revenue with creative naming rights opportunity

K Raveendran Dubai has long been synonymous with audacious innovation and a relentless pursuit of growth. While oil has historically fueled the region’s prosperity, forward-thinking entities are increasingly turning to unconventional methods to diversify revenue streams. One such method gaining traction is the strategic use of naming rights. Dubai Metro serves as a prime example of this ingenuity. Faced with the need to supplement ticket sales, authorities […]

Thai Businessman Sues Wall Street Journal for Defamation

The Wall Street Journal is facing legal action over a 2023 article that allegedly defamed a Thai businessman and his company. Christopher Harborne, the owner of aviation fuel broker AML Global Ltd., filed a lawsuit in a Delaware court on February 28th, accusing the publication of falsely linking him to illegal activities at cryptocurrency firms Tether and Bitfinex. The lawsuit centers around a March 2023 Wall Street […]

Tech Devours, Nvidia Delivers: Inside the Chipmaker’s Meteoric Rise

In the ever-evolving landscape of technology, few companies have experienced the meteoric rise of Nvidia. Once known primarily for its graphics processing units (GPUs) powering high-end gaming PCs, Nvidia has become a central player in the fields of artificial intelligence (AI), data science, and high-performance computing. This dominance is reflected in the company’s soaring financial performance. Earnings reports consistently shatter expectations, with demand for Nvidia’s hardware exceeding […]

Hungary Opens Door to Crypto Services for Financial Institutions

Hungary is poised to embrace the cryptocurrency revolution, as a draft law proposes allowing banks, investment funds, and asset management companies to offer crypto-related services. This move positions Hungary as a potential hub for digital assets in Central and Eastern Europe. The draft legislation, currently under review, aims to establish a legal framework for cryptocurrency activities within the traditional financial sector. This would empower these institutions to […]

Saudi Giant Secures Foothold in South America with Esmax Acquisition

Saudi Aramco, the world’s largest oil producer, announced on Friday the successful completion of its acquisition of a 100% stake in Esmax Distribución, a leading Chilean fuels and lubricants retailer. This move marks Aramco’s first foray into the downstream retail market in South America, signaling its ambitions for regional expansion and diversification. Esmax boasts a well-established network across Chile, encompassing retail fuel stations, airport operations, fuel distribution […]

NUS High School Students Win the Top Spot in Samsung Solve for Tomorrow Competition with AI-Powered Solution for Visually Impaired

SINGAPORE – Media OutReach Newswire – 29 February 2024 – Samsung Electronics Singapore today announced Team Blahaj from NUS High School of Mathematics and Science as the grand winner of the seventh edition Solve for Tomorrow competition in Singapore. Launched in August 2023, this program is designed to encourage secondary school students to think deeply about the social issues affecting their community and pioneer positive social change […]

AlphaX Gets Listed Dymension Altcoin and ZetaChain Coin

AlphaX Cryptocurrency Exchange Gets Listed Dymension Altcoin and ZetaChain Coin SINGAPORE – Media OutReach Newswire – 1 March 2024 – AlphaX, a leading cryptocurrency trading platform, is excited to announce the addition of three new coins and trading pairs: Dymension (DYM USD), Zetachain (ZETA USD), and Altcoin (ALT USD). This expansion signifies a significant enhancement in AlphaX’s offerings, showcasing the platform’s commitment to providing users worldwide with […]

FAB makes record-breaking profit for 4th Quarter

First Abu Dhabi Bank (FAB) has announced 50% dividend to its share holders in United Arab Emirates. The FAB has created a huge record by breaking its own estimation of profit in the fourth quarter. The bank has achieved a high level growth in the year 2023. The First Abu Dhabi Bank has been working hard to meet the needs of its customers. In addition, the bank […]

Dar Global posts record revenue

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 […]

Abu Dhabi National Oil Company (Adnoc) Finalizes Acquisition in OMV

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 […]

J-Long Group Limited Declared A Special Cash Dividend

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 […]

The Wealth Management Institute Unveils First-of-its-kind Investment Education Program Based On The Market Principles Of Investment Legend Ray Dalio

SINGAPORE – Media OutReach Newswire – 29 February 2024 – In a groundbreaking move to democratize access to premier, practice-based investment management education worldwide, the Wealth Management Institute (WMI) announced the global launch of the Dalio Market Principles (DMP) Online Program. The launch event was attended by over 80 distinguished leaders in wealth and asset management, as well as family offices, across Singapore and the region. Fireside […]

Winklevoss-founded Gemini Exchange to Repay Over $1 Billion to Customers After NY Settlement

Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has reached an agreement with New York state regulators to settle allegations of offering unregistered securities. As part of the settlement, Gemini will reportedly return over $1 billion to customers who participated in its Earn program, which allowed users to lend their crypto holdings in exchange for interest. Additionally, Gemini will pay a $37 million fine to […]

Ascott Achieves Record Year of Fee Earnings at S$331M and Highest Number of Property Openings in FY 2023

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 […]

Coinbase Investigating Account Issues After Users Report Zero Balances

Hundreds of Coinbase users reported encountering issues with their accounts on Tuesday, with some claiming their exchange balances showed a concerning zero balance despite holding funds. The cryptocurrency exchange platform acknowledged the problem and assured users their team was actively investigating the issue and would provide updates shortly. While the exact cause of the discrepancy remains unclear, the incident caused anxiety among users, with some expressing their […]

Gold price forecast for 2024 – Octa

According to many analysts’ forecasts, the price of gold may increase in 2024. Octa explains in the article what factors will influence the dynamics of the gold price and what will happen to the market this year. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 February 2024 – Gold is trading above $2,000 per ounce in early 2024. Analysts expect that even later in the year, […]

Japan Emerges as Frontrunner in Compliant Crypto Transactions: Industry Report

A recent industry report has positioned Japan as a global leader in facilitating compliant cryptocurrency payments. The report, authored by [name of the report’s author/organization], highlights Japan’s progressive regulatory framework and collaborative approach between industry and regulators as key factors contributing to its leadership role. Japan’s journey towards becoming a leader in compliant crypto transactions began in 2017, when it legalized Bitcoin and other cryptocurrencies as legal […]

Cryptocurrency Exchange Outage Ignites Optimism for Bitcoin Price Rise

A brief outage on cryptocurrency exchange Coinbase sent shockwaves through the digital currency market on Wednesday, but also reignited hopes for a sustained Bitcoin price increase. The incident, which lasted for approximately two hours, prevented users from buying and selling cryptocurrencies on the platform, the largest in the United States by trading volume. While the outage itself did not directly impact Bitcoin’s price, it triggered a wave […]