| |
| FINANCE & ECONOMY |
Al Mazaya Holding organises open day
December 16, 2018
Muscat: Al Mazaya Holding organised an open day on Saturday, during which a large number of Omani nationals seeking residential units were present. Specifically, individuals were most interested in the Mazaya Residences Al Mawaleh by Al Mazaya Holding. The project located in the Al Seeb area is conveniently situated behind Muscat City Centre, and is one of the leading integrated, mixed-use developments in the region.
With Phase-1 of"...
Saudi plans Red Sea pact as GCC interest in Africa grows
December 16, 2018
Saudi Arabia aims to bring several states lining the Red Sea and Gulf of Aden into a bloc to improve trade and maritime navigation, reported Bloomberg, citing state news agency. Saudi King Salman bin Abdulaziz met at his Riyadh palace with foreign ministry officials from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan “to look into establishing an entity for"...
Henley & Partners Enlarges Executive Committee to Manage Expansion and Growth
December 16, 2018
(AETOS Wire) -- Residence- and citizenship-by-investment programs have firmly established themselves over the past few years as the new frontier in terms of freedom, flexibility, and future-readiness, both for the countries issuing these programs and for the individual investors participating in them. The societal and economic value these programs generate is undisputed. The investment migration industry as a whole is currently grossing roughly USD 18 billion per year, with an expectation that it will hit the USD 20 billion mark very soon. Foreign direct investment (FDI) is now considered the lifeblood of economic growth for many developing and recovering smaller countries around the world. As such, the number of investment migration programs has been increasing rapidly, from just a handful of programs in the 1980s and 1990s to over 100 countries that now have investment migration provisions in their laws. There are more than 60 active programs today, with Moldova and Montenegro — both fast-growing European countries — being the latest to launch strong......
SHUAA Capital’s Transformational Acquisition of Kuwait’s Amwal International Investment Company to Drive Expansion Roadmap
December 16, 2018
SHUAA Capital, the UAE’s premier financial services Group, is pleased to announce the commencement of its post-acquisition integration and consolidation efforts with Kuwait based Amwal International Investment Company (“Amwal”), following the recent completion of the public tender acquisition process, and Amwal shareholders’ General Assembly that was held on 12th December 2018. As part of the General Assembly’s outcome, Amwal announced a new Board of Directors consisting of Bader Al Reizhan,"...
Diamond CBD, POTN Subsidiary, Enters the $46 Billion Coffee Market With the Release of Premium Line of CBD-Infused Coffee & Tea K-Kup Capsules
December 15, 2018
(AETOS Wire)-- Diamond CBD Inc., wholly owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN), a leader in hemp extraction and innovative CBD products for the wellness market, enters the Coffee segment, an industry expected to reach revenues of $46 Billion in 2018. Produced in accordance with a universal K-Cup design, these pods fit in almost all modern single cup coffee makers, making it an easily integrated enhancement to any environment, delivering 25mgs of CBD in a tasty favorite beverage at less than $5 per cup. This new line of premium Chill Coffee Capsules was recently added to the Company’s broad range of cannabinoid and natural hemp products. Each box comes with 4 individual capsules in original chill coffee, decaf chill coffee, chill black tea, and chill green tea flavors. The unit price for each box is $10.00 USD, with MSRP at $19.99. These Chill Coffee Capsules......
AURAK Gains SACSCOC Accreditation
December 15, 2018
The Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) officially announced the accreditation of the American University of Ras Al Khaimah (AURAK) at its 2018 Annual Meeting which was held in New Orleans, Louisiana, in the United States of America. SACSCOC, the regional body for the accreditation of degree-granting higher education institutions in the Southern United States, has a membership of more than 800 institutions"...
Western Union Works with TerraPay to Expand Payout Options to Millions of Mobile Wallets
December 14, 2018
(AETOS Wire)-- Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, announces an alliance with TerraPay to enable mobile wallet and bank account payout. The alliance further expands upon Western Union’s account payout network for sending remittances directly into customers’ mobile wallets across Europe, Africa, Asia and Latin America. TerraPay’s low value payments network connects financial instruments internationally. The company’s interoperability engine enables customers to send and receive transactions across diverse payment instruments and platforms – enabling mobile wallets in international, regional and domestic markets. “Joining with TerraPay is a great opportunity to further diversify and expand our payment options across the globe, delivering remittances into mobile wallets,” said Sobia Rahman, global head of......
Thales and Gemalto Are Granted Regulatory Clearance by the Commerce Commission in New Zealand
December 14, 2018
(AETOS Wire)-- Regulatory News: Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”), the publication of the Offer Document, and the joint press release of Thales and Gemalto"...
Germany contributes €21m for work to complete construction of Nahr el-Bared refugee camp
December 13, 2018
BEIRUT, Wednesday, December 12, 2018 (WAFA) – Germany contributed €21 million for completing the final phase in the reconstruction of Nahr el-Bared Palestinian refugee camp in Lebanon, the Lebanese-Palestinian Dialogue Committee said on Wednesday. It said it was informed by the Lebanese Council of Ministers that the German government has agreed to contribute €21 million toward completing the reconstruction of Nahr el-Bared refugee"...
Scale-ups offer big window for economy growth: study
December 13, 2018
Countries can enrich the entrepreneurial ecosystem, and have a huge positive economic impact compared to that of regular SMEs, if they give one particular segment known as ‘scale-ups’ the focus it needs, a report said.
Public and private sectors in the Mena region have been successfully fostering the development of small and medium-sized enterprises (SMEs), but are missing a significant opportunity to accelerate economic growth, added the study titled 'Scaling up Mena SMEs: How a handful of firms"...
|
|
|
|
|