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DIP Holding targets Dh1.12 IPO price and $529m proceeds // Bridge Data Centres Appoints New Co-Chief Executive Officer // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Bank99 launches business accounts through Austrian postal network // Winners and losers if a blue wave sweeps US Congress // ONYX Hospitality Group Expands Strategic Partnerships through ONYX Rewards // ChatGPT billing fraud deploys rotating sites for card theft // Assembly ruckus trial begins after 11 years // Democrats secure Senate majority after Republican election losses // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Probe ordered into new bar licences // Anthropic to prohibit persistent abuse of Claude chatbot // XRG secures agreement for $1.45bn Australian LNG stake // Binance SAFU bitcoin holdings halve after security breach // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Apollo broadens Abu Dhabi partnership through Mubadala Capital stake // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction //

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Beleaguered crypto lender Genesis Global has received a court nod to return roughly $3 billion worth of cash and cryptocurrency to its customers. This decision comes as part of a court-approved liquidation plan, marking a significant development in the company’s bankruptcy proceedings. The move stands in contrast to the objections raised by Digital Currency Group (DCG), Genesis’ parent company. DCG argued that Genesis should only distribute the […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 May 2024 – As part of its continuous effort to provide better education opportunities for all social groups, Octa sponsors a coding bootcamp for students of Ideas Academy, an inclusive secondary school in Kuala Lumpur. Designed specifically for Malaysian students, the STATUS 200 bootcamp will be held in three stages, the first stage beginning on 17 June 2024. […]

Qatar is embarking on a significant digital transformation journey, placing a strategic bet on artificial intelligence (AI) as a key driver. The nation revealed a $2. 47 billion investment package to fuel its AI ambitions during the fourth edition of the Qatar Economic Forum. This commitment signifies Qatar’s intent to become a regional leader in AI adoption. Shedding light on the initiative, Qatar’s Prime Minister and Minister […]

Arabian Post Staff – India, a global leader in producing lab-grown diamonds, is experiencing a price slump due to a surge in supply that may not be met by matching demand. This trend could have significant implications for Dubai, a key trading hub for both mined and lab-grown diamonds. The allure of lab-grown diamonds, often touted for their ethical and sustainable production methods, initially sparked a boom […]

HONG KONG SAR – Media OutReach Newswire – 17 May 2024 – Sahm Capital, the leading all-in-one online brokerage in the Kingdom, is excited to announce its sponsorship with the Saudi Tadawul Group for the highly anticipated “Invest Wisely Program.” The announcement was made during the Capital Markets Forum in Hong Kong, where industry leaders gathered to discuss the future of global capital flows. The sponsorship for […]

Notcoin, a simple game initially launched as a Telegram mini-app, has become a testament to the potential of the Telegram and TON blockchains for fostering successful applications. Within a few months, Notcoin attracted a staggering 35 million active users, many of whom diligently tapped a virtual coin to earn in-game currency. This seemingly insignificant tapping translated into real-world value recently. Notcoin transitioned from a purely in-game experience […]

The landscape of online trading in UAE has been transformed by the rapid evolution of the digital economy. This region has emerged as a hub for financial technology, driven by robust regulatory frameworks and advanced technological infrastructure. For forex traders who navigate this market, understanding the unique aspects of the UAE’s trading environment is crucial for success. Key Factors Influencing Online Trading in the UAE Regulatory Environment […]

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The International Energy Forum (IEF) has released a report highlighting the pivotal role carbon markets can play in facilitating the world’s transition to clean energy. Entitled “The Role of Carbon Markets in Transitions,” the report underscores the potential of these markets to expedite efforts towards achieving net-zero emissions and ensuring universal access to affordable and reliable energy, aligning with the goals outlined in the Paris Agreement. Joseph […]

HONG KONG SAR – Media OutReach Newswire – 15 May 2024 – With investment fraud on the rise in Hong Kong’s complex financial market, introducing knowledge-based safeguards to protect investors’ rights is now more crucial than ever. VT Markets, a global financial services provider, held a seminar on May 6 in Hong Kong with this in mind. Titled “How to Identify Legitimate Trading Platforms”, the event sought […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 May 2024 – Eq8 Capital Sdn Bhd (“Eq8”), (formerly known as i-VCAP Management Sdn Bhd), Malaysia’s leading equity Exchanged Traded Fund (“ETF”) manager and a wholly owned subsidiary of Kenanga Investors Berhad, unveils its new corporate identity with greater access to its best performing ETF, Eq8 Dow Jones US Titans 50 ETF (“EQ8US50”) through a strategic collaboration with […]

SINGAPORE – Media OutReach Newswire – 13 May 2024 – UXLINK, the leading Web3 social infrastructure, has just unveiled a significant milestone in its journey with a new round of funding, arriving in under three months from its previous round. Spearheaded by SevenX Ventures, INCE Capital, and HashKey Capital, this round attracted multiple investors, consolidating UXLINK’s position as an industry frontrunner. Surpassing the $5 million mark, this […]

The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 8 – 9 May to decide on monetary policy. Octa’s experts expect the interest rate to remain at 3.00%. Read for more details. Bank Negara Malaysia will likely keep the overnight policy interest rate stable at 3.00% at the next monetary policy meeting on 8 – 9 May. Investors’ expectations for the tight U.S. […]

Arabian Post Staff – The International Monetary Fund (IMF) recently designated Singapore as Asia’s wealthiest nation by GDP per capita, reclaiming the title it held for several years before Dubai’s meteoric rise. This shift has reignited discussions surrounding the two economic powerhouses and their unique approaches to growth. Singapore, a tiny island nation with a population of roughly 5. 7 million, has long been lauded for its […]

In a significant diplomatic development, Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ Foreign Minister, and his Turkish counterpart, Mevlüt Çavuşoğlu, held a phone call on recent regional issues. The conversation focused on fostering stronger bilateral relations between the two nations and collaborating on efforts to de-escalate tensions in the region. The UAE and Turkey have experienced a period of strain in recent years due […]

HONG KONG SAR – Media OutReach Newswire – 9 May 2024 – Today, IX Asia Indexes (“IXAI”) announced the launch of ixCrypto BTC/ETH 50/50 Index (“ixCrypto 50/50”) and ixCrypto BTC/ETH Proportional Index (“ixCrypto Proportional”). The two indexes are designed for cryptocurrencies beginners for their first knowledge and first investment in cryptocurrencies. The ixCrypto 50/50 and ixCrypto Proportional are developed on Bitcoin (BTC) and Ethereum (ETH) only and […]

SINGAPORE – Media OutReach Newswire – 9 May 2024 – UXLINK, the leading social infrastructure platform, and Binance Web3 Wallet, the top-tier cryptocurrency wallet, are thrilled to announce their collaborative marketing campaign aimed at accelerating growth within Web3. This initiative rewards participants with 20,000,000 UXUY points, through the innovative UXLINK Social Protocol. In today’s rapidly evolving Web3 landscape, fostering social interactions and community engagement has become increasingly […]

Binance, the world’s largest cryptocurrency exchange, is facing renewed scrutiny over its commitment to curbing market manipulation on its platform. The accusations stem from a high-profile client, Deutsche Wirtschaftsförderungsgesellschaft (DWF), a German investment firm, reportedly engaging in suspicious trading activity that Binance allegedly failed to address. This incident comes despite Binance’s repeated assurances of prioritizing platform security and fair market practices. The exchange has invested heavily in […]

Singapore-based cryptocurrency trading platform QCP Capital has secured a significant step towards expanding its operations in the Middle East after receiving in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval allows QCP Capital to conduct regulated crypto activities within the ADGM free zone, positioning the firm as a pioneer for Singaporean crypto market makers in the region. The […]

Matein Khalid One thing is certain. Both Donald Trump and Joe Biden are not happy campers now that the yield on the 10-year US T-note, the single security most sensitive to expectation of shifts in Fed monetary policy, has jumped above 5%. This means that the bond market expects no FOMC rate cut tonight and for Chairman Powell to reiterate his current “higher for longer” interest rate […]

Decentralized finance (DeFi) has emerged as a revolutionary force in the financial landscape, offering alternatives to traditional banking systems. But within this burgeoning ecosystem, a particularly high-risk, high-reward practice has captured the imagination of many investors:yield farming. Yield farming involves leveraging DeFi protocols to maximize returns on cryptocurrency holdings. It’s akin to supercharging a staking strategy, where investors earn passive income by locking up their crypto assets […]

Bitpanda, a leading European cryptocurrency platform and the first Austrian unicorn company, has set its sights on the burgeoning crypto market in the United Arab Emirates (UAE) by launching Bitpanda MENA. This strategic move positions Bitpanda to capitalize on the region’s increasing demand for digital assets and establish itself as a key player in facilitating crypto trading for a new wave of investors. The UAE has emerged […]

The United Arab Emirates (UAE) and Germany reaffirmed their strategic partnership during their sixth round of political consultations held on March 1, 2024, in Abu Dhabi. The UAE delegation was led by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, while Dr. Thomas Bagger, Secretary of State of the Federal Foreign Office, headed the German delegation. The discussions focused on enhancing cooperation across various […]

SINGAPORE – Media OutReach Newswire – 8 May 2024 – Jumbo Gold and Diamonds, an established trader in gold and diamonds, is delighted to announce the news of its strategic shift from wholesale to retail. With this move, Jumbo Gold and Diamonds hopes to provide customers with affordable customisable jewellery options in Singapore. In recent years, the company has observed a trend of customers looking for alternatives […]

European cryptocurrency platform Bitpanda, a leader in the field and Austria’s first unicorn company, announced its expansion into the Middle East with the launch of Bitpanda MENA. This move positions Bitpanda to capitalize on the burgeoning crypto market in the United Arab Emirates (UAE) and the wider region. The company aims to be a key player in facilitating the growth of cryptocurrency trading and bringing digital assets […]

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Just in:
mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // Probe ordered into new bar licences // Bridge Data Centres Appoints New Co-Chief Executive Officer // Bank99 launches business accounts through Austrian postal network // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // CPI, CPM dispute portrayal of Vayalar uprising leaders // DIP Holding targets Dh1.12 IPO price and $529m proceeds // UAE outlines Dh200 billion energy investment at ADIPEC // Democrats capture Senate majority with seven Republican seats // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction // Binance SAFU bitcoin holdings halve after security breach // XTransfer and Bank of China (Hong Kong) Announce Partnership at Hong Kong FinTech Week // Wired earphones regain buyers as 2016 nostalgia spreads // Winners and losers if a blue wave sweeps US Congress // Varsity jobs face quota questions // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // XRG secures agreement for $1.45bn Australian LNG stake // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Anthropic to prohibit persistent abuse of Claude chatbot // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation //