Tag: syndication business
Saudi Banks on Profit Upswing Fueled by Mortgage Growth
Saudi Arabia’s banking sector is experiencing a surge in profitability, with aggregate bank profits reaching a 14-month high in May 2024. According to data released by the Saudi Central Bank (SAMA), the combined profits of Saudi banks hit SR7. 33 billion...
Presidents of UAE and Indonesia Reinforce Strategic Partnership
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 partn...
Southeast Asian Paradise Regains Tourist Momentum
Thailand’s tourism industry is experiencing a significant resurgence, welcoming over 17. 5 million foreign visitors in the first half of 2024. This figure represents a promising 35% increase compared to the same period last year and places the nation on t...
UN Reports Carriacou “Flattened” by Hurricane Beryl
Hurricane Beryl’s fury left the small island of Carriacou in Grenada unrecognizable, according to a harrowing report by the United Nations. Simon Springett, UN Resident Coordinator for Barbados and the Eastern Caribbean, painted a picture of “total devast...
UAE and South Africa Strengthen Ties Through Ministerial Call
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 t...
SCO Leaders Forge Path for Cooperation with Signing of Astana Declaration
The leaders of member states within the Shanghai Cooperation Organization (SCO) solidified their commitment to regional and global collaboration through the signing of the Astana Declaration on July 4th, 2024. Convening in the Kazakh capital, the summit m...
ADF 15th Anniversary Conference successfully concludes
Keynote Themed “Navigating Tomorrow: Strategic Pathways for Hong Kong’s Future Evolution” Four Unique Advantages Leading to Artificial Intelligence Development Opportunities in Hong Kong HONG KONG SAR – Media OutReach Newswire – 6 July 2024 – Accounting D...
German Government Makes Large Bitcoin Transfer, Raising Market Impact Concerns
In a move that has sent ripples through the cryptocurrency world, the German government recently transferred a significant amount of Bitcoin to various locations. On July 4th, blockchain security firm PeckShieldAlert identified a substantial outbound tran...
Crypto Market Shudders as Mt. Gox Bitcoin Payout Looms
The cryptocurrency market experienced a significant downturn on Friday, with over $170 billion shed in combined market capitalization within a 24-hour period. This plunge coincides with the long-awaited payout of nearly $9 billion in Bitcoin and Bitcoin C...
New World Hoiana Beach Resort Kicks Off an Exciting Summer of Sport with EURO 2024 Activities
Families & friends invited to watch all the action from Germany with a series of activations and experiences for the European football championships, plus an immersive sporting package! HOIANA, VIETNAM – Media OutReach Newswire – 6 July 2024 – New Wor...
La Roja Hold Nerve to Edge Past Germany and Book Semi-Final Berth
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,...
Olympic Champions Lace Up for “Joy in the Games” at Orphanage Event
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...
Sharjah Book Authority Fosters Global Library Collaboration at ALA Conference
The Sharjah Book Authority (SBA) solidified its position as a bridge between cultures at the recent American Library Association (ALA) Annual Conference & Exhibition. As the sole representative of the Arab world at the event, the SBA delegation active...
Salmon wins Fintech Start-Up Award at the Asian Banking and Finance Fintech Awards 2024
MANILA, PHILIPPINES – Media OutReach Newswire – 5 July 2024 – Salmon, a company committed to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has been awarded the prestigious 2024 Asian Ban...
Cryptocurrency Heists Skyrocket in 2024
The cryptocurrency realm witnessed a dramatic surge in theft during the first half of 2024, with stolen digital assets exceeding $1. 38 billion according to a report by blockchain research firm TRM Labs. This figure marks a staggering increase compared to...