Tag: syndication business
Cash or Digital? Central Banks Explore Evolving Currency Landscape
The jingle of coins and the rustle of bills may become a relic of the past as central banks around the world delve into the potential of central bank digital currencies (CBDCs). Driven by the burgeoning digital economy and the growing popularity of cashle...
Delta Dunia Group completes acquisition of Atlantic Carbon Group, Inc., a key global ultra-high-grade anthracite producer
The transaction is completed via American Anthracite SPV I, LLC, a controlled entity under BUMA International. The acquisition enhances Delta Dunia Group’s geographic and revenue diversification, aligning with its strategic growth objectives. ACG represen...
New Shipping Lane Connects Jeddah to China and Egypt
The Saudi Ports Authority (Mawani) recently announced the launch of a new shipping service significantly boosting Jeddah Islamic Port’s connectivity to major commercial centers in China and Egypt. This development strengthens the Kingdom’s position as a k...
ECOVACS Launches Three Cutting-Edge Robot Vacuums to Tackle Diverse Cleaning Needs of Modern Households
ECOVACS unveils the all new DEEBOT T30S COMBO designed to deliver a comprehensive, all-in-one cleaning experience The company has also launched the DEEBOT X5 PRO OMNI and DEEBOT N20 PRO, offering a wider range of options to tackle a diverse range of house...
Dubai Fast-Tracks Public Transport Expansion with Ambitious Station Increase
Dubai’s urban landscape is set for a significant transformation as the emirate embarks on a major public transport development drive. The ambitious plan, unveiled during a meeting of the Dubai Executive Council, aims to more than double the number of metr...
United Arab Emirates Economy Soars in 2024
The United Arab Emirates (UAE) is experiencing a banner year, with its economy exceeding expectations and breaking records across key metrics. This robust performance follows a trend of steady growth, solidifying the nation’s position as a regional econom...
Saudi Debt Market Surges as Sukuk Issuance Reaches New High
The Saudi Arabian debt market experienced significant growth in 2023, with the value of outstanding sukuk (Islamic bonds) reaching a record high of 18. 3% of the country’s gross domestic product (GDP), according to a recent report. This surge highlights t...
Moroccan Fossils Offer Glimpse of Ancient Sea Creatures
Unearthed from the High Atlas mountains of Morocco, a trove of exceptionally well-preserved fossils is providing scientists with an unprecedented window into the lives of creatures that swam the Earth’s oceans over 500 million years ago. Nicknamed “Pompei...
IMF Extends Lifeline to Ukraine with $2. 2 Billion Disbursement
The International Monetary Fund (IMF) has authorized a much-needed disbursement of $2. 2 billion to Ukraine. This financial aid package aims to bolster the war-torn nation’s economy, which has been severely impacted by the ongoing conflict with Russia. Th...
EcoMamoni announces it will promote environmental sustainability in the Indonesian market
JAKARTA, INDONESIA – Media OutReach Newswire – 30 June 2024 – EcoMamoni, a globally renowned environmental and renewable recycling company, announced that it will officially enter the Indonesian market on July 1, with the mission of promoting local enviro...
Dubai Customs Nets Over 1, 200 Drug Shipments in Security Sweep
Dubai Customs officials intercepted a staggering number of drug shipments in a recent enforcement surge, showcasing their dedication to safeguarding the region and upholding global security standards. The impressive haul, encompassing over 1, 273 seizures...
Multiple Blasts Hit Northeast Nigeria, Causing Casualties
A series of explosions wracked the town of Gwoza in Borno state, Nigeria on Saturday, leaving at least six people dead and injuring fifteen others. The attacks, suspected to be carried out by suicide bombers, targeted a wedding ceremony, a funeral process...
Scorching Heatwave to Bake Saudi Arabia
Saudi Arabia is bracing for another week of scorching temperatures as the National Center of Meteorology predicts unrelenting heat across the country. The unrelenting sun will see highs soar between 46 and 49 degrees Celsius in the Eastern Region and part...
Top 5 Cryptocurrencies to Mine in 2024
The cryptocurrency market continues to evolve, presenting both challenges and opportunities for miners. While factors like mining difficulty and energy consumption remain crucial considerations, identifying the most profitable coins to mine can significan...
PolyU showcases research and innovations at its first overseas exhibition “Flying High” in France
HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase,...