Banks in the United Arab Emirates (UAE) are bracing for a decline in profits for the second quarter (Q2) of 2024, according to a recent report by CI Capital. This stands in stark contrast to the performance expected from Saudi Arabian banks, which are projected to deliver the highest year-on-year (YoY) earnings growth within the Gulf Cooperation Council (GCC) region. The report, which analyzed the performance of […]
HONG KONG SAR – Media OutReach Newswire – 9 July 2024 – The first baijiu company listed on the Hong Kong Stock Exchange and the second Chinese sauce-aroma baijiu stock being publicly listed, ZJLD Group Inc. (“ZJLD” or the “Company”, SEHK stock code: 06979. HK), has been honored with the prestigious “2023 China Financial Market Award” – Outstanding IPO of the Year for its outstanding financial performance, […]
DHL Express’s digital tools are available to equip small and medium enterprises (SMEs) with knowledge and expertise to navigate the global marketplace from planning to aftersales SINGAPORE – Media OutReach Newswire – 10 July 2024 – DHL Express is empowering small and medium enterprises (SMEs) with a suite of digital tools to expand their footprint, and increase international trade and shipping activities. These digital tools enable resource-constrained […]
Iraq is extending an olive branch to Saudi Arabia in the form of a proposed law designed to safeguard Saudi investments within its borders. This move comes amidst a period of burgeoning economic cooperation between the two nations, with bilateral trade experiencing a 12% annual growth spurt. The news of the legislation was unveiled during a meeting in Riyadh between Hassan Al-Huwaizi, President of the Federation of […]
Expected to generate value over 1.64 billion baht for medical laboratory and healthcare. BANGKOK, THAILAND – Media OutReach Newswire – 10 July 2024 – Informa Markets launched “Medlab Asia & Asia Health 2024,” the largest medical laboratory and medical device trade show and conference in Southeast Asia. Under the concept of International Healthcare Week, it focuses on presenting advancements and innovations in the medical industry, creating opportunities […]
By Tajul Islam As global economic dynamics shift, emerging economies seek new opportunities for growth and influence. A notable development is the BRICS coalition, originally comprising Brazil, Russia, India, China, and South Africa. With its recent expansion, the BRICS framework has introduced the concept of BRICS+, aiming for deeper and more flexible economic integration. This article explores the differences between BRICS and BRICS+, and examines the potential […]
Arabian Post Staff -Dubai A significant strengthening of economic ties between India and the United Arab Emirates (UAE) is anticipated following a forthcoming conclave in Dubai. The event, slated for early next year, is expected to serve as a launchpad for multi-billion dollar investments in key sectors like healthcare and trade. A focal point of the conclave will be the “India Hospital” project, envisioned as a transformative […]
Over 24,000 global water and city leaders, delegates, and trade visitors attended SIWW2024 SIWW2024 Water Expo featured exhibiting companies from over 30 countries and regions and nine country and regional pavilions, covering 22,000 square metres of exhibition space 51% of exhibiting companies from overseas, catering to 35% of overseas trade visitors, mostly from ASEAN countries SINGAPORE – Media OutReach Newswire – 9 July 2024 – Into its […]
Arabian Post Staff -Dubai Ram Buxani, a leading figure in Dubai’s Indian business community and a renowned philanthropist, passed away on Monday at his residence. He was 83 years old. Buxani’s life embodied the spirit of entrepreneurship that has fueled Dubai’s remarkable growth. Arriving in the emirate in 1959 at the age of 18, he witnessed firsthand its transformation from a modest trading hub to a global […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 July 2024 – With its well-rounded functionality, OctaTrader aims to cover the entire traders’ experience across four fundamental areas: payments, education, trading, and decision-making. This all-in-one architecture allows the application to form a trading ecosystem designed for clients of various experience levels, trading styles, and asset preferences. As such, the platform continuously evolves, receiving updates with new enhancements […]
SINGAPORE – Media OutReach Newswire – 8 July 2024 – The Institute of Singapore Chartered Accountants (ISCA) has launched its pioneering “Do Good” initiative, which signifies ISCA’s commitment to foster a culture of social responsibility and enhance corporate governance within Trade Associations and Chambers (TACs) and charity boards. Announced in February this year, the Board of Directors (BOD) Masterclass Programme is an all-encompassing board training programme prescribed […]
The presidents of the United Arab Emirates (UAE) and Indonesia, His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Joko Widodo, held a productive phone call on February 21, 2024. The discussion centered on strengthening the strategic partnership between the two nations, with a particular focus on economic and investment cooperation that fosters sustainable development for both countries. President Sheikh Mohamed extended his congratulations to […]
Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ Foreign Minister, recently connected with his South African counterpart, Ronald Lamola. The conversation, which took place via phone call, underscored the positive state of relations between the two nations and explored avenues for further collaboration across various sectors. Minister bin Zayed extended his congratulations to Mr. Lamola, expressing well wishes for his continued success in his official […]
The Grayscale Ethereum Trust (ETHE), a financial vehicle allowing investors exposure to Ethereum without directly owning the cryptocurrency, has undergone a significant shift. After trading at a discount for nearly three years, ETHE’s share price now sits at a premium to its underlying net asset value (NAV) for the first time since November 2021. This development, reported on July 3rd, 2024, by financial data provider ycharts. com, […]
Spain continued their imperious march through Euro 2024, edging past tournament hosts Germany 2-1 in a pulsating quarter-final clash at the Mercedes-Benz Arena in Stuttgart. The victory sets up a mouthwatering semi-final encounter for Luis Enrique’s men, who remain the only unbeaten team at the Euros. Germany, buoyed by a passionate home crowd and fresh off a confidence-boosting win in the round of 16, started brightly. Jamal […]
Laughter echoed across the field as a local football legend, his once-powerful legs now comically tangled in a sack race, tumbled headfirst into a pile of hay. Nearby, a renowned painter, her usual canvas replaced with a child’s face, meticulously dabbed bright colors, capturing a moment of pure, unrestrained joy. This wasn’t your typical sporting event. It was “Joy in the Games, ” a unique day where […]
KuCoin, a Seychelles-registered cryptocurrency exchange, announced the implementation of a 7. 5% Value Added Tax (VAT) on transaction fees for users in Nigeria. The new policy, effective July 8th, 2024, has generated mixed reactions from the Nigerian crypto community. KuCoin claims the VAT implementation complies with an unspecified “regulatory update. ” However, some observers speculate the move is strategically timed to improve KuCoin’s standing with Nigerian authorities. […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 July 2024 – Trading in the global markets, especially Forex, is sometimes perceived as a game of luck by those who don’t know much about finance. However, professional traders regard it as a blend of science and self-discipline, driven by principles and insights often overlooked by amateurs. Here are some of the key secrets that professional traders leverage […]
The US Marshals Service (USMS), a federal agency responsible for asset forfeiture under the Department of Justice (DOJ), has selected cryptocurrency exchange Coinbase to manage and dispose of seized digital assets. This collaboration, valued at over $32 million, signifies a growing embrace of cryptocurrency by the US government and highlights the need for secure handling of confiscated digital holdings. Coinbase Prime, the platform’s institutional arm, will assume […]
Cisco signed a Memorandum of Understanding (MOU) with Singapore’s HTX (Home Team Science and Technology Agency). Both parties will collaborate in the research and development of 5G and AI technologies to digitally transform public safety, security and network operations in Singapore. SINGAPORE – Media OutReach Newswire – 5 July 2024 – Cisco, the worldwide leader in networking and security, and HTX (Home Team Science and Technology Agency) […]
