logo

News related to
financial

K Raveendran There is a certain confrontation developing between Airports Council International, the umbrella boy of airports, and the International Air Transport Association (IATA) regarding what the association considers as high airport charges. At the just concluded annual general meeting of IATA, the apex body for the promotion of air travel, warned that plans to increase charges by airports and air navigation service providers (ANSPs) will stall […]

James M Dorsey On their way from Tel Aviv airport to Jerusalem in 1977 then Israeli Deputy Prime Minister Yigael Yadin asked President Anwar Sadat, the first Arab leader to ever officially visit Israel, why the Egyptian military had not moved deeper into the Sinai during the 1973 Middle East war. “You have nuclear arms. Haven’t you heard?” Mr. Sadat replied. Mr. Sadat’s strategic calculations in the war, the […]

Arabian Post Staff  During September, the Dubai Gold and Commodities Exchange (DGCX) once again registered a high monthly Average Open Interest (AOI), amounting to 154,629 contracts. Open interest is an indicator of the total number of futures contracts held by market participants at the end of the trading day – and the significant increase over the last few months reflects a growing appetite from market participants. Following […]

Arabian Post Staff Expo 2020, which just got under way with the kind of fanfare typically characteristic of Dubai, is expected to lead to a significant rebound in tourism and other domestic economic activities. The prestigious show is also expected to greatly add to the emirate’s attraction for highly skilled professionals and support private sector employment, increase trade and foreign investment, and harness the benefits of technology, […]

NEW YORK, US – ACCESSWIRE – 2 October  2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which New England Investment & Retirement Group, Inc. (“NEIRG”), a registered investment adviser headquartered in North Andover, MA, will join Connectus Wealth Advisers (“Connectus”). The transaction is expected to close in the fourth quarter of 2021, […]

Arabian Post Staff IMF has forecast a gradual recovery by the UAE economy in 2021, supported by the country’s early and strong health response, continued supportive macroeconomic policies, and rebound in tourism and domestic activity related to the delayed Expo 2020. The Fund expects non-oil GDP growth to exceed 3 percent this year, and to improve further in the medium-term, while oil GDP will continue to grow […]

NEW YORK, US – ACCESSWIRE – 1 October 2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which MISSO Wealth Management (“MISSO”), a boutique wealth management firm headquartered in Brisbane, Queensland, will join Connectus Wealth Advisers (“Connectus”). This transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions. Founded […]

Advertisements

KUALA LUMPUR, MALAYSIA – Media OutReach – 1 October 2021 – Global broker OctaFX released the final episode of their YouTube interview project ‘Honest Stories of Success’. The interviews showcased the success stories of Malaysia’s prominent people as they actually happen, unfiltered. However, the project had more to it than famous people revealing the ups and downs of their career journeys. It provoked a unique dialogue between Malaysian traders who […]

The needs of people are growing every day in the modern world. As a result, the question of how to provide yourself and your family with a stable level of income becomes especially acute. The number of jobs and opportunities to earn money has decreased during the pandemic. At best, people’s incomes have remained at the same level, at worst, they have fallen drastically. Unfortunately, most of […]

Revenues up by 81% to £49.6 million in first half of 2021 EBIT increase by 271% to £3.0 million vs first half of 2020 MBH Corporation now comprises 25 companies across 8 verticals LONDON, UK – EQS Newswire – 30 September 2021 –  (OTCQX:MBHCF)(FRA:M8H) The Directors of MBH Corporation PLC (“MBH”), a diversified investment holding company, are pleased to release the results for the half year ended […]

Drive for better with the new Euro 5 Quester and Croner trucks, with feature enhancements that boost profitability by doing more with less to overcome critical resource constraints. SINGAPORE – Media OutReach – 30 September 2021 – UD Trucks today unveiled a new Euro 5 range for the well-established Quester (heavy-duty) and Croner (medium-duty) trucks. The upgrade also boasts enhanced features that will improve uptime, enhance efficiency, and optimize […]

One of the many reasons for participating in the United States EB-5 immigrant investor program is to unlock the various education benefits that having a U.S. Green Card provides. The U.S. offers the best quality higher education in the world. Half of the top ten best universities in the world are U.S. institutions. The EB-5 program increases the chance for students to obtain their degrees at top […]

Organic sales to grow by an average of 4.0 to 6.0 percent annually through 2026 Record EBITDA margin before restructuring charges of more than 15 percent expected by 2026 Tapping new opportunities in the dynamic New Food market and the service business to drive profitable growth Company commits to ambitious climate and sustainability targets LONDON, UK – EQS Newswire – 29 September 2021 – GEA Group presents […]

Judges praise GBG’s technology for reducing false positives and improving fraud detection SINGAPORE – Media OutReach – 29 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has today announced it has won the award for Best AI or Machine Learning Innovation of the Year from Asia Risk Awards 2021.   The biggest challenge faced by financial institutions today […]

James M Dorsey For at least the last two decades, the United Arab Emirates, aided by some of the world’s foremost consulting and public affairs companies, has waged one of, if not the Middle East’s most successful nation branding campaign. The campaign has been supported by cutting edge technological and economic initiatives; a bold and assertive foreign policy backed by the UAE’s financial and military muscle; a […]

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Wednesday that it had signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of crypto assets within the DWTCA free zone. The new initiative establishes a framework enabling […]

Enhanced AI and Machine Learning Functions Enable Users to Gain More from Precise Decision in Stock Selection and Investment in the Hong Kong and U.S Stock Markets HONG KONG SAR – Media OutReach – 24 September 2021 – Finetic, a Hong Kong-based intelligent stock selection and investment education platform  has developed its own AI-assisted investment analysis system, which provides weekly picks of quality stocks in major global markets, including  […]

HONG KONG SAR – Media OutReach – 24 September 2021 – Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for ESG (environmental, social and governance) investing grows, so does the […]

Thirteen companies join Microsoft to increase employability of female technical talent and nurture entrepreneurs across Asia Pacific SINGAPORE – Media OutReach – 23 September 2021 – Microsoft and 13 companies across nine Asia Pacific countries today launched Code; Without Barriers to help close the gender gap in the region’s fast-growing cloud, artificial intelligence (AI) and digital technology sectors.   The program provides a platform to enable female developers, coders, and […]

Survey shows erosion of digital trust, with fed up consumers saying more needs to be done to protect their personal information HONG KONG SAR – Media OutReach – 23 September 2021 – Callsign, the digital trust pioneer reveals that consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters. Trust in these organizations is eroding fast because consumers say they are overwhelmed […]

The introduction of radio frequency identification or RFID has streamlined most business activities, improving efficiency and reducing costs. For instance, it can be used for inspecting business equipment, controlling manufacturing processes, managing assets, and tracking and distributing goods. Typically, an RFID system employs three components: a transceiver, a scanning antenna, and an RFID tag. It operates using a small device with a microchip that can hold massive […]

By James M. Dorsey A paradigm shift in jihadist thinking suggests that the US invasion of Afghanistan may prove to have achieved more than many counterterrorism experts would want policymakers and military strategists to believe. Similarly, the paradigm shift also hints at the possibility that the presence in a Taliban-governed Afghanistan of various militant Islamist and jihadist groups could turn out to be an advantage in efforts […]

Matein Khalid My call to buy the US stock market last night when the Dow was down 850 to 950 points is a money maker for now, as the Dow futures are up 250 points in the pre-market after an incredible 300 point rally in the last hour of trading on the NYSE last night. Faint heart never won fair lady or sold index put spreads at […]

CMA represents the first HNW broker to offer a unique value proposition in Europe Marco Liardo announced as Managing Director of Switzerland Luca Bertacchi announced as Managing Director Continental Europe and to lead the newly created private placement life insurance (PPLI) practice group ZURICH, SWITZERLAND – Media OutReach – 21 September 2021 – Charles Monat Associates (CMA) is expanding its operations in Switzerland. In addition to the recent appointment of […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Unseen planetary neighbour shifts giant world’s orbit from view // Flydubai Dammam cancellations continue as Etihad maintains suspensions // High Court strikes down police curbs on hotel night life // Nvidia presents GR00T 2 for demonstration-trained robot tasks // HKSTP Achieves Fruitful Success at Inaugural Participation in Singapore Urban Mobility Week 2026 // Auto, taxi unions go on strike // Samsung achieves 17-second chip simulation using Nvidia processors // Google introduces specialised TPU systems with AMD processors // New Two Way Trade Momentum Highlighted at China-Africa Cooperation Forum in Yiwu // South Korea levies unprecedented penalties on bond auction dealers // Malaysia Airlines Secures Major Accolades for Service and MICE Offering // India weighs replacing ageing wind turbines to raise generation // UAE authorises Ultomiris for additional kidney disease treatment // Dubai leads investment preferences in UAE residents survey // Fake Cloudflare checks conceal malware within PNG images // Goldman Sachs and Citi earmark $270 million for stablecoin // OpenAI quarterly sales reach $10 billion as losses widen // Saudi, Qatari and Kuwaiti sukuk lead Gulf liquidity // MENA startup investment tumbles without major October deals // Antalya route offers UAE Iranians new Tehran connection //