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SINGAPORE – Media OutReach – 17 February 2022 – Recently, ChainUP, the world’s leading blockchain technology service provider, launched the NFT trading platform solution -MetaBazaar software package. The system aims to provide NFT technical infrastructure services for people who love NFT, build a one-stop NFT (non fungible token) trading platform, quickly reduce the industry entry threshold and improve the industry efficiency. MetaBazaar provides transactions of collectibles, artworks, […]

SURREY, UNITED KINGDOM – Media OutReach – 16 February 2022 – Leo Cancer Care is driving a paradigm shift in the radiation therapy market, developing solutions where the patient is in the upright orientation, removing the need for large and expensive gantries and instead utilising a fixed radiation beam and rotating the patient. Leo Cancer Care is focused on delivering a family of products designed for the economics of […]

By Jim Richberg As ransomware attacks have become more prevalent, there has been an increase in cybersecurity insurance (aka cyber insurance) that covers the losses an organization may suffer from a cyberattack. Cyber insurance typically covers losses incurred from data destruction, hacking, data extortion, and data theft. Cyber insurance also often covers ransomware extortion demands, which can seem like a good way to avert disaster. But because […]

According to the U.S. Bureau of Labor Statistics, the median annual wage for computer and information technology or IT jobs in May 2020 was USD 91,250. This is more than twice the median yearly wage of USD 41,950 for all other occupations in the same period. This proves the stereotype: IT professionals indeed draw some of the highest salaries today. It is not limited to the United […]

By Matein Khalid The wicked witch of Wall Street waved her ursine broomstick over the global financial market in mid-November and all hell broke loose on the US equity indices. The Nasdaq was slammed by 18% at its recent 13,350 low and has broken its 200 day moving average and dozens of its high multiple components are down 30, 40 and even 50% from their highs. The […]

HONG KONG SAR – Media OutReach – 15 February 2022 – FWD Insurance (“FWD”) has extended the coverage period of its free special benefit against vaccination complications (“free vaccination protection”) until 30 June 2022. In light of the fifth wave of COVID-19 currently sweeping through Hong Kong and the government’s upcoming introduction of a ‘vaccine pass’, FWD has extended this free vaccination protection that was originally introduced last year to […]

After having a good year with enthusiastic feedback from the trading community, OctaFX has finally opened its crypto trading offer for the weekends. KUALA LUMPUR, MALAYSIA – Media OutReach – 15 February 2022 – The cryptosphere is rattling through a rough phase, to say it mildly.     Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. […]

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SINGAPORE – Media OutReach – 15 February 2022 – Crypto financial service provider Babel Finance, recently announced its participation in the crypto derivatives platform Paradigm. Taking part in the US$35 million Series A funding round of Paradigm, Babel Finance’s crypto trading division can now access multi-asset, multi-protocol liquidity on demand. This can be done without compromising execution preferences, costs, or immediacy.   Paradigm is an institutional liquidity network for derivative traders. Babel Finance’s investment in Paradigm’s […]

Arabian Post Staff Air Arabia , the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, announced a record financial results for the fourth quarter and for full year ending 31 December 2021, despite the prevailing impact of COVID-19 pandemic that continued throughout the year. Air Arabia reported a net profit of AED 720 million for the full year ending December 31, 2021, an […]

Annual EBITDA margin turned positive for the first time Highlights and achievements of fiscal year 2021: Achieved 12.7 billion JPY in annual revenue with a 41% year-over-year (YoY) growth rate in 2021, surpassing previous guidance of 12.3 million JPY – marks the consistent growth acceleration for the second consecutive year Annual gross profit up 51% YoY. With an expanded gross margin, Appier’s gross profit growth acceleration outpaces […]

Arabian Post Staff ADX-listed ADNOC Distribution today reported that its EBITDA stood at AED 3.1 billion, with net profit of AED2.2 billion for 2021. For the fourth quarter of 2021, EBITDA was AED802 million, while net profit stood at AED571 million. The company delivered a resilient financial performance throughout 2021, despite volatility caused by the COVID-19 pandemic. ADNOC Distribution has maintained a strong balance sheet as of […]

CEO Oscar Yamin alleges orchestrated campaign to malign company By Arabian Post Staff Amidst the latest Lebanese crisis, alleged fuel smuggling to Syria has been a recurring theme in both traditional media as well as social media platforms. All Lebanese petroleum importing companies such as Total, Uniterminal, Hypco, Medco, IPT, Wardieh, Liquigas, and Coral have been accused of corruption and smuggling of fuel. In view of the […]

Spackman Media Group artist Wi Ha-jun of Netflix’s top show ever, SQUID GAME, selected as the South Korea ambassador for Swiss luxury watchmaker, TAG Heuer Represented by MSteam, a wholly-owned subsidiary of Spackman Media Group, Wi Ha-jun will be the face of the newly launched TAG Heuer Connected Caliber E4 series, the fourth generation of the brand’s luxury Wear OS-powered smartwatches Wi Ha-jun, who was previously appointed […]

Strong and consistent performance running for over a decade ESG recognition in line with company’s sustainable business growth ambitions HONG KONG SAR – Media OutReach – 11 February 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts. Schneider Electric uses […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 11 February 2022 – NEXEA’s Entrepreneurs Programme and Malaysian Global Innovation and Creativity Centre (MaGIC) renewed their partnership to continue helping startups grow their businesses during this challenging time. Despite the pandemic, the Entrepreneurs Programme continues to provide a platform for tech entrepreneurs to connect with peers and like-minded individuals in an opportunity to grow, gain knowledge, and develop themselves […]

Infor CloudSuite F&B instrumental in ensuring leading Kiwi recipe and meal giant achieve productivity and efficiency gains AUCKLAND, NEW ZEALAND – Media OutReach – 11 February 2022 – Infor, the industry cloud company, today announced that My Food Bag, a leading recipe and meal delivery service, has deployed Infor CloudSuite Food & Beverage (F&B) ERP to achieve organisational-wide transparency and full visibility of end-to-end profitability.   Having experienced exponential growth over its […]

HONG KONG SAR – Media OutReach – 10 February 2022 – Tontec International, a global leader in the design and production of plastic injection molds and moldings, is accelerating its manufacturing transformation by adopting RISE with SAP, a Business-Transformation-as-a-Service offering.   Headquartered in Hong Kong, Tontec has an expanding global presence, serving market-leading enterprises in the aerospace, automotive, industrial appliances and equipment, office appliances and medical devices industries. As an integral […]

Enhancing benefits limits and deductible options, increasing value for money with more comprehensive coverage HONG KONG SAR – Media OutReach – 9 February 2022 – FWD Insurance (“FWD”) first introduced vPrime Medical Plan (“vPrime”, Certification Number: F00045), a flexi plan under the Voluntary Health Insurance Scheme (“VHIS”), in 2020. The plan has become increasingly popular in the local market with its innovative features, accounting for almost 30% of VHIS product […]

RIYADH: Abu Dhabi Islamic Bank, or ADIB, could make revenues from raising interest rates of 450 million dirhams ($123 million) in 2023, the bank’s chief financial officer told CNBC Arabiya. Every

Quick turnaround facility enables the company to solidify its operations and manufacturing output to capture new revenue opportunities with potential and existing customers SINGAPORE – Media OutReach – 8 February 2022 – Global invoice financing marketplace, Incomlend, announced a multi-million invoice financing programme for SafeFlex International Limited (SafeFlex), a leading India-based manufacturer of Flexible Intermediate Bulk Containers (FIBC), poly-wovens and poly-knits, with four manufacturing plants across the country. The working […]

SINGAPORE – Media OutReach – 8 February 2022 – Zwipe, a biometric fintech pioneer, conducted a comprehensive consumer investigation in Singapore during Q4 2021 to study 150+ consumers’ payment preferences and feedback on biometric payment cards. Consumers’ feedback on biometric payment cards was extremely positive, indicating a strong demand for biometric payment cards. Below are some interesting facts from the survey: 88% of consumers would prefer their next payment card […]

Popular influencers Wak Doyok and Fizo Omar became the first brand ambassadors of OctaFX in Malaysia. As part of their collaboration with the global broker, the celebrities will participate in joint projects about investments designed for anyone interested in the topic.   KUALA LUMPUR, MALAYSIA – Media OutReach – 7 February 2022 – Pioneer in the Malaysian fashion industry Wak Doyok and popular actor Fizo Omar have officially become brand […]

A virtual week discussing how organisations can optimise their ESG performance. HONG KONG SAR – Media OutReach – 7 February 2022 – Online and in-person, February 14th-17th 2022 – Policymakers, businesses and thought leaders from major corporations will congregate online and at exclusive in-person sessions at Economist Impact’s Sustainability Week Asia from February 14th to 17th 2022. Asia is experiencing a surprisingly strong economic rebound following the global pandemic but […]

By James M Dorsey Israeli Prime Minister Naftali Bennett has laid out an expanded Israeli strategy to confront Iran that appears to move beyond a potential military strike against the Islamic republic’s nuclear facilities. Bennett appeared to be guided not only by concern about the fallout of a unilateral Israeli action but also seemingly mounting fears in Tehran that economic hardship could spark a social explosion. “Bennett’s new approach […]

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