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FINANCE & ECONOMY

The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan

December 17, 2018

The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan

(AETOS Wire) -- The Global Blockchain Association (Shimizu Building 6F, 3-19 Hayabusacho, Chiyoda-ku, Tokyo, President: Toshikazu Masuyama) is proud to host the largest blockchain conference in Asia: The Japan Blockchain Conference (JBC) – 2019 Yokohama, to be held on 30 and 31 January at Pacifico Yokohama.

The"... Continue Reading

KFH role in fostering economic ties between Kuwait and Turkey hailed

December 16, 2018

KFH role in fostering economic ties between Kuwait and Turkey hailed

KUWAIT: Kuwait Finance House (KFH) received the Turkey-Kuwait Business Council under Foreign Economic Relations Board (DEiK) delegation, in an official business visit hosted at Sheraton Kuwait to discuss the current and potential business opportunities between Turkey and Kuwait.

KFH delegation was headed by KFH Chairman, Hamad"... Continue Reading

Foreign investors can own, trade in local bank shares

December 16, 2018

Foreign investors can own, trade in local bank shares

KUWAIT: The ministry of commerce and industry has issued a decision allowing foreign investors to own and trade Kuwaiti banks’ shares. But the approval of the Central Bank of Kuwait (CBK) should be obtained, if ownership exceeds five percent of the bank’s capital, the ministry in a press statement yesterday.

The latest"... Continue Reading

Qout Market reopens after sudden closure

December 16, 2018

Qout Market reopens after sudden closure

KUWAIT: Two weeks after it was abruptly shut down by the Municipality, the Qout Market was back yesterday at Safat Square in Kuwait City. It is one of Kuwait’s most popular, well-known, locally-created urban markets, and focuses on encouraging support for local businesses, farmers, entrepreneurs and artisans. Organizers declined to comment on the market’s closure hours before its opening in the"... Continue Reading

Kuwait examines others’ experience at Doha Forum, says finance minister

December 16, 2018

Kuwait examines others’ experience at Doha Forum, says finance minister

DOHA, Dec 15, (KUNA): Kuwait is partaking in the Doha Forum to benefit from experience of other states participating in the annual event, the country’s finance minister says. Dr Nayef Al-Hajraf, in a statement to KUNA on Saturday, indicated that examining other nations’ expertise could be helpful in implementation of development strategies.

This"... Continue Reading

Kuwait lifts restrictions on foreign ownership of local lenders

December 16, 2018

Kuwait lifts restrictions on foreign ownership of local lenders

Kuwait will allow foreign investors to own and trade shares in the Arabian Gulf country's banks ahead of index-compiler MSCI's anticipated decision next year to upgrade Kuwait to emerging-market status.

The decree allows foreign investors to own up to five per cent of a Kuwaiti bank's capital directly or indirectly,"... Continue Reading

Esri Partners with XYO Network to Bring Innovative New Location Layer to the World’s Maps

December 16, 2018

Esri Partners with XYO Network to Bring Innovative New Location Layer to the World’s Maps

(AETOS Wire) -- XYO Network, the technology bringing blockchain to the real world, has partnered with Esri to bring new distributed, blockchain-based location verification functionality to the spatial analytics space. The XYO and Esri partnership is supported through their Startup Program, a coveted three-year program that helps emerging business partners bring new and innovative solutions to Esri customers. As the undisputed global leader in location intelligence, Esri expects to enable users of its ArcGIS platform with access to blockchain technologies to develop significant new applications based on the partnership. XYO has become the emerging leader in the world of findable technology with Bluetooth and GPS tracking devices, over 1 million location beacon devices circulating in the world, which allow everyday consumers to track real-world items in real...... Continue Reading

Henley & Partners Enlarges Executive Committee to Manage Expansion and Growth

December 16, 2018

Henley & Partners Enlarges Executive Committee to Manage Expansion and Growth

(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...... Continue Reading

SHUAA Capital’s Transformational Acquisition of Kuwait’s Amwal International Investment Company to Drive Expansion Roadmap

December 16, 2018

SHUAA Capital’s Transformational Acquisition of Kuwait’s Amwal International Investment Company to Drive Expansion Roadmap

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"... Continue Reading

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

Diamond CBD, POTN Subsidiary, Enters the $46 Billion Coffee Market With the Release of Premium Line of CBD-Infused Coffee & Tea K-Kup Capsules

(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...... Continue Reading

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