Encourage continuous innovation in the industry Recognise outstanding contributions of surveyors HONG KONG SAR – Media OutReach Newswire – 15 July 2024 – The results of the HKIS Awards 2024 were announced and presented at the HKIS Awards Presentation Ceremony on 12 July 2024 at the Hong Kong Ocean Park Marriott Hotel. The Hong Kong Institute of Surveyors Awards aims to commend and recognise the exceptional achievements […]
EARFUL expands to Japan, South Korea, North America and Macau in the next 12 months SINGAPORE – Media OutReach Newswire – 15 July 2024 – EARFUL, the world’s first A.I.-powered brand protection platform, today announced its global expansion with the opening of new offices in Macau, Japan, Korea, and North America over the next 12 months. This expansion solidifies EARFUL’s position as the go-to solution for brands […]
Meta has decided to end the restrictions on former President Donald Trump’s Facebook and Instagram accounts, marking a significant shift in its social media policy. This move comes two years after the accounts were suspended following the January 6, , Capitol riot, which resulted in widespread condemnation of Trump’s actions on social media. The decision to reinstate Trump’s accounts is accompanied by the implementation of new guidelines […]
AI-powered features to provide forecasts and recommendations to future hosting cities PARIS, FRANCE – Media OutReach Newswire – 15 July 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced that the International Olympic Committee (IOC) will deploy its data-driven sustainability solution – Energy Expert – to help measure and analyze the electricity consumption at the competition venues of the forthcoming Olympic […]
Financial literacy initiatives are gaining momentum in the Gulf Cooperation Council (GCC) region, aiming to empower individuals and businesses with essential financial knowledge. With a focus on enhancing economic resilience and stability, governments and organizations across GCC nations are intensifying efforts to educate and equip their populations with financial management skills. In recent years, several GCC countries have recognized the critical role of financial literacy in fostering […]
QUFU, SHANDONG – Media OutReach Newswire – 11 July 2024 – In 2021, during the China-Greece Year of Culture and Tourism, a sculpture titled “Divine Encounter” was placed at the foot of the Parthenon on Acropolis Hill in Athens, Greece. It depicts a dialogue between Socrates and Confucius, symbolizing the profound exchanges between Chinese and Greek civilizations. The timeless conversation between these two sages portrayed in the […]
Addressing food security in Nigeria and beyond KANO, NIGERIA – EQS Newswire – 11 July 2024 – Bühler, in collaboration with Flour Mills of Nigeria Plc, has opened a grains application center in Nigeria dedicated to processing local and ancient grains. This sustainable and transformative commitment was made based on the need to address food insecurity, not just in Nigeria, but progressively across the African continent. Today […]
AMMAN – The North Atlantic Treaty Organization (NATO) is set to establish its first liaison office in the Middle East, marking a significant expansion of the alliance’s global footprint. The new office, to be located in Amman, Jordan, will serve as a platform for enhanced political dialogue and practical cooperation between NATO and the region. The decision to open the Amman office was announced following the recent […]
COLORADO, US – Media OutReach Newswire – 12 July 2024 – With the rapid advancement of cryptocurrencies, scams targeting investors are on the rise. As a reputable cryptocurrency exchange, JUHBZ is dedicated to educating users about common scams and providing effective prevention strategies. This discussion will explore the various methods used by scammers and how to protect yourself, with a focus on the scam prevention strategies and […]
PTOUNX: Debunking Misinformation and Upholding Security COLORADO, US – Media OutReach Newswire – 12 July 2024 – Recent warnings about fraudulent cryptocurrency exchanges and job scams, including an unfounded alert involving PTOUNX on July 9, 2024, highlight the need for vigilance in the digital finance space. These scams, often propagated through deceptive Facebook ads and WhatsApp groups, promise lucrative trading opportunities under the guise of mentorship. Victims […]
HANOI, VIETNAM – Media OutReach Newswire – 12 July 2024 – VinFast is entering the European market with a strategic approach. The company’s C-segment VF 8 SUV prioritizes customer experience with a market-leading warranty, user-friendly technology features and advanced safety systems, combined with an expanding after-sales network. This strategic approach leverages VinFast’s diverse portfolio of SUVs, a category experiencing surging demand in Europe. The VF 8 itself […]
LinkedIn has expanded access to its AI-driven ‘Accelerate’ campaign tool to all brands globally. Previously available in limited testing, the platform’s automated system now allows marketers to create and optimize entire LinkedIn ad campaigns within minutes. Leveraging artificial intelligence, Accelerate analyzes a brand’s website, LinkedIn presence, and campaign goals to craft a comprehensive ad strategy. The tool automatically selects target audiences, designs creatives, and allocates budgets based […]
Saudi Arabia has taken a significant step towards broadening its debt market accessibility by incorporating five additional financial institutions into its primary dealer program. The Ministry of Finance and the National Debt Management Center (NDMC) formalized agreements with Albilad Investment Co. , AlJazira Capital Co. , Al Rajhi Capital Co. , Derayah Financial Co. , and Saudi Fransi Capital Co. to facilitate the distribution of government debt […]
Banks must stay ahead of technology development and climate risks to thrive in fast-changing HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Banks in Hong Kong saw moderate balance sheet growth last year with notable increases in net interest margins (NIM) and operating profit amid higher interest rates. In line with KPMG’s prediction in its 2023 Hong Kong Banking Report, the higher interest […]
HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Metro Finance and BNI Hong Kong, the world’s leading business networking and referral organization, jointly hosted the inaugural “Top 100 Business Awards 2024” Award Presentation Ceremony on July 10 at the Hong Kong Convention and Exhibition Centre. The event was attended by over 2,000 BNI business leaders from different countries and regions. The ceremony honored […]
Combining comprehensive digital marketing solutions to explore new business opportunities in the field of sports HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Vision International Holdings Limited (“Vision International” and its subsidiaries, together, the “Group“, stock code: 8107) is pleased to announce that the Group has entered into a strategic cooperation framework agreement (the “Framework Agreement“) with Camping Club Network Technology Company Limited* […]
Decentralized finance (DeFi) protocol Compound Finance is urging users to exercise caution after it discovered a phishing scam targeting its website. According to Michael Lewellen, a security consultant for Compound DAO, the platform’s website has been compromised and is currently redirecting users to a fraudulent site. Lewellen emphasized that the underlying protocol itself remains secure. “The Compound protocol is unaffected and all smart contract funds are safe, […]
Indian cryptocurrency exchange CoinDCX, the nation’s largest by valuation, has announced a strategic move to solidify its presence in the global crypto market. In a recent development, CoinDCX acquired BitOasis, the leading cryptocurrency exchange platform in the Middle East and North Africa (MENA) region. This acquisition marks a significant step for CoinDCX, propelling it towards becoming a major international player in the cryptocurrency landscape.
Financial details of the acquisition haven’t been disclosed by either company. However, industry analysts believe the deal involves a substantial investment, considering BitOasis’ established position in the MENA region. Founded in 2016, BitOasis boasts a user base spanning 15 countries across the region and facilitates trading in over 60 cryptocurrencies. It has processed a trading volume exceeding $5 billion since its inception.
With this acquisition, CoinDCX gains access to a new and promising market. The MENA region has witnessed a significant surge in cryptocurrency adoption in recent years. Regulatory clarity and government initiatives supportive of blockchain technology have fostered a fertile ground for crypto businesses in the region. CoinDCX can leverage BitOasis’ experience and network to cater to this growing demand and expand its user base significantly.
The acquisition presents several advantages for BitOasis as well. CoinDCX’s financial muscle and technological expertise can empower BitOasis to accelerate its growth plans. The combined entity will boast a wider range of products and services, along with stronger liquidity, benefiting users on both platforms. Additionally, BitOasis can tap into CoinDCX’s institutional investor network, opening doors to new avenues for growth.
Experts believe this acquisition is a win-win for both companies. CoinDCX gains a foothold in a promising new market, while BitOasis receives the resources and backing to solidify its leadership position in the MENA region. The combined entity is expected to become a formidable force in the global cryptocurrency market, shaping the future of digital assets in these regions.
The very fabric of Wikipedia, the world’s largest free online encyclopedia, is facing a digital tug-of-war. On one side stand the seasoned human editors, fiercely guarding the platform’s integrity.
The U. S. Department of Justice (DOJ) announced on Wednesday that cryptocurrency exchange BitMEX pleaded guilty to violating the Bank Secrecy Act (BSA). This comes after accusations that the Seychelles-based exchange failed to implement a proper anti-money laundering (AML) program for a significant period. According to the DOJ, BitMEX operated without an adequate AML program between September 2015 and September 2020. This lapse allegedly allowed the exchange […]
Paris, a city synonymous with romance and artistic expression, has also served as a surprising haven for Arab creatives throughout the 20th century. Drawn by the allure of artistic freedom and educational opportunities, young artists from Francophone North Africa and the Levant flocked to the French capital. Established artists, meanwhile, found a platform to showcase their work and collaborate with their European counterparts. This rich exchange is […]
The United Arab Emirates (UAE) delegation attending the United Nations High-Level Political Forum on Sustainable Development (HLPF) presented the country’s roadmap for achieving sustainability goals through strategic partnerships and innovation. Abdullah Nasser Lootah, Deputy Minister for Cabinet Affairs for Competitiveness and Knowledge Exchange, and Chair of the UAE National Committee for Sustainable Development Goals (SDGs), highlighted the UAE’s pioneering approach to development priorities. Lootah emphasized the nation’s […]
Nigeria’s National Information Technology Development Agency (NITDA) is exploring the development of a domestic blockchain specifically designed to bolster national security and safeguard citizen data. The proposed initiative, dubbed “Nigeria”, has garnered support for its potential to empower the nation with greater control over its information infrastructure. Kashifu Abdullahi, Director-General of NITDA, emphasized the project’s significance in fortifying national security. He believes a domestically-developed blockchain would offer […]
Research by Linkflow Capital reveals significant tightening in SME financing accessibility in 2023 SINGAPORE – Media OutReach Newswire – 10 July 2024 – Linkflow Capital’s annual SME financing research shows a significant tightening of credit conditions for Singapore SMEs in 2023, with average loan quantum dropping 42% to $130,000 from $224,000 in 2021. The study, based on data from 2,466 unique users of Linkflow Capital’s SME loan […]
