Fintech PR
Saudi Arabia Reveals Transformative Economic Insights with New Report at Biban24: A Strategic Blueprint for Global Innovation and SME Growth
RIYADH, Saudi Arabia, Nov. 5, 2024 /PRNewswire/ — As Saudi Arabia accelerates toward its Vision 2030 goals, Monsha’at, the General Authority for Small and Medium Enterprises, is set to host Biban24 from November 5-9 in Riyadh. This premier event will unite entrepreneurs, investors, and SMEs globally to foster innovation, investment, and growth opportunities across the Kingdom. A key highlight of this year’s event will be the launch of a comprehensive report on Saudi Arabia’s entrepreneurial ecosystem, showcasing the latest economic insights, trends, and opportunities for SMEs in alignment with Vision 2030.
The newly launched report, reveals Saudi Arabia’s remarkable progress in creating a dynamic business environment, catalyzed by a robust set of economic reforms and an ambitious diversification strategy. According to the report, Saudi Arabia experienced a 4.9% growth in non-oil economic activity in Q2 2024, reinforcing its position as a global hub for SMEs and foreign investors.
As one of the most eagerly attended events of its kind in the region, Biban24 will serve as a platform for collaboration, partnership building and the meaningful exchange of insights and ideas. Participants, including entrepreneurs and business owners, will be invited to make the most of 25,000-plus training, mentorship, and counseling sessions, gaining greater insight into launching and growing successful enterprises.
The forum also presents a unique networking opportunity for international entrepreneurs and investors, enabling them to connect with local entities and explore business openings within Saudi Arabia’s burgeoning sectors. Biban24 serves as the ideal forum to provide SMEs with the strategic guidance and funding resources essential to drive sustainable growth and technological innovation.
The report provides a comprehensive analysis of key sectors targeted for development, such as renewable energy, artificial intelligence, and cultural tourism. It emphasizes Saudi Arabia’s commitment to empowering SMEs through financial support programs and regulatory changes that lower business setup costs and streamline licensing processes.
Saudi Arabia has ensured economic stability by prioritizing growth in non-oil sectors, a strategic shift that has resulted in continued growth in non-oil activities, as highlighted by the report’s findings. Biban24 will enable SMEs to harness these opportunities, with sessions dedicated to strategic growth, innovation, and sustainability across the Kingdom’s diverse economic landscape.
To read the report, visit here: https://www.monshaat.gov.sa/sites/default/files/2024-11/V7.0%D9%80Monshaat%D9%80Biban24_EN.pdf
Logo – https://mma.prnewswire.com/media/2267129/monshaat_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/saudi-arabia-reveals-transformative-economic-insights-with-new-report-at-biban24-a-strategic-blueprint-for-global-innovation-and-sme-growth-302296372.html
Fintech PR
Newmark Reports Third Quarter 2024 Financial Results
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today
NEW YORK, Nov. 5, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today, reported its financial results for the three and nine months ended September 30, 2024, and declared its quarterly dividend.
A complete and full-text financial results press release, including information about today’s financial results conference call and Newmark’s dividend declaration, is accessible in the “Media” section at https://nmrk.com. It is also available directly at any of the following web pages:
https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)
https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)
https://nmrk.com/media (PDF version of the full release only)
(Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser’s address bar.)
Today’s conference call is expected to contain forward-looking statements with respect to the Company’s financial outlook.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of over $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q, or Form 8-K.
Logo – https://mma.prnewswire.com/media/1057994/5007203/Newmark_Group_Logo_v1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/newmark-reports-third-quarter-2024-financial-results-302296557.html
Fintech PR
Sinochem Holdings secures over $13 billion in procurement at 7th CIIE, enhancing global industrial collaboration
SHANGHAI, Nov. 5, 2024 /PRNewswire/ — The 7th China International Import Expo (CIIE) opened at the National Exhibition and Convention Center in Shanghai, China on November 5, 2024. Sinochem Holdings, one of the world’s leading chemical conglomerates, participated in the event for the seventh consecutive year. Leveraging its international operations, the company organized five overseas subsidiaries for the event to deepen global industrial cooperation and share opportunities in the Chinese market.
During a dedicated signing ceremony, Sinochem Holdings secured procurement agreements with over 20 companies from more than 10 countries and regions, including Saudi Arabia, Kuwait, Iraq, Japan, France, Malaysia, the US, Germany, India, Thailand, and China’s Taiwan region. These agreements spanned various sectors, such as crude oil, petroleum products, high-quality chemicals, food, agricultural products, high-end intelligent equipment, technology research, and digital production services, totaling over $13.6 billion.
Sinochem Holdings emphasized its strategy of expanding diverse import channels to ensure supply chain stability. Partnerships with renowned companies such as Saudi Aramco, Kuwait Petroleum, Mitsui & Co., Ltd., Vitol Group, TotalEnergies, CHIMEI, Kao Corporation, and Sri Trang Group enabled the import of high-quality crude oil, petroleum products, methanol, engineering plastics, emulsifiers, industrial salt, and natural rubber. By collaborating with upstream energy and chemical companies, Sinochem Holdings is enhancing quality import channels to stabilize domestic supply chains.
Furthermore, Sinochem Holdings focuses on new productive forces and is committed to promoting high-quality development in domestic industries. The company has been dedicating to enhancing the business presence of its overseas subsidiaries in China, empowering domestic industries with advanced global technologies. Five participating subsidiaries—Syngenta Group (Switzerland), Adisseo (France), Elkem (Norway), KraussMaffei (Germany), and Prometeon Tyre Group (Italy)—showcased innovative technologies and solutions in areas like biotech breeding, digital agriculture, animal nutrition, new chemical materials, low-altitude economy, additive manufacturing, high-end tires, and green low-carbon technologies. These companies signed multiple supply agreements with Chinese clients at the CIIE, generating sales exceeding $1.5 billion.
Photo – https://mma.prnewswire.com/media/2543978/Sinochem_Holdings.jpg
View original content:https://www.prnewswire.co.uk/news-releases/sinochem-holdings-secures-over-13-billion-in-procurement-at-7th-ciie-enhancing-global-industrial-collaboration-302295205.html
Fintech PR
COCA Unveils Black November: Zero Fees on Swaps, Spending, and FX with the COCA Crypto Card
HONG KONG, Nov. 5, 2024 /PRNewswire/ — This November, COCA is thrilled to announce its Zero-Fee Black November offer, delivering one of the most competitive zero-fee crypto wallet and card experiences in the industry. With zero fees on swaps, card spending, and FX, COCA is dedicated to helping users keep more of their crypto gains by reducing the costs that often come with swapping and spending cryptocurrencies in the real world.
Why COCA Leads the Way in Zero Fees
Most crypto apps, including Coinbase, Crypto.com, Revolut, and popular DEXs, add commission fees that reduce users’ earnings. COCA’s Zero-Fee Black November, however, offers the opportunity to transact with zero costs. Here’s how COCA stands out:
- Zero Commission on Cross-Chain Swaps: COCA users can swap assets seamlessly across 13 chains with no commission fees.
- Zero Fees on Card Spending: Every COCA card transaction—whether online or in-store—is fee-free.
- Zero FX Fees Worldwide: COCA cardholders can shop at 80 million+ merchants with no foreign exchange fees, ideal for international spending.
- No Membership Fees: COCA’s transparent structure means no annual card fees—users gain access to all benefits without hidden costs.
Earn Rewards with COCA Points
In addition to zero fees, COCA users earn COCA Points on every card transaction. These points can unlock exclusive rewards, including eligibility for an upcoming airdrop. This reward structure allows users to save with each transaction while gaining even more value with each purchase.
Zero-Fee Black November – The Perfect Time to Join COCA
Now through the end of November, users can secure COCA’s exclusive zero-fee offer by ordering a COCA card. COCA’s zero-fee structure, paired with COCA Points rewards, allows users to maximize savings and enjoy added benefits on every transaction.
About COCA
COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.
Photo: https://mma.prnewswire.com/media/2549172/Black_November_COCA.jpg
Logo: https://mma.prnewswire.com/media/2338075/5007876/COCA_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/coca-unveils-black-november-zero-fees-on-swaps-spending-and-fx-with-the-coca-crypto-card-302296499.html
-
Fintech5 days ago
Fintech Pulse: Your Daily Industry Brief – Breaking Trends and Insights in Fintech
-
Fintech6 days ago
Fintech Pulse: A Snapshot of Global Expansion, Regulatory Moves, and Transformative Tech in Fintech
-
Fintech PR6 days ago
The Rise of Insurance Third Party Administrator Market: A $544.67 Billion Industry Dominated by Tech Giants – Sedgwick, Crawford and Company and CorVel Corp | The Insight Partners
-
Fintech PR6 days ago
Ministers and Global Executives to Converge at the Second Edition of Gateway Gulf in Bahrain
-
Fintech PR3 days ago
CCTV+: From Silk Road Gateway to Global Innovation Hub: Xi’an Advances Industrial Upgrades and International Cooperation
-
Fintech PR4 days ago
Xinhua Silk Road: Financial co-op for global common dev’t under spotlight at forum held in E. China’s Shanghai Jing’an
-
Fintech PR6 days ago
Aker Solutions ASA: Proposed extraordinary cash dividend of NOK 21 per share, in total NOK 10 billion
-
Fintech PR4 days ago
Hitting Milestones, Coinstar and BBC Children in Need Celebrate Together with £1.6 Million in Donations