Algeria

Saudi Real Estate Refinance Company (SRC) issues SAR 2 billion Sukuk, under its existing Sukuk Programme, to increase its support for home ownership in the Kingdom of Saudi Arabia

Retrieved on: 
Sunday, December 12, 2021
Public Investment Fund, CEO, Saudi Central Bank, Moody's Investors Service, Ministry, SRC, LTFR, Housing, Growth, PIF, Multimedia, HSBC Saudi Arabia, Central bank, A2, Sukuk, SAR, Government, Ministry of Finance (Saudi Arabia), Fitch Ratings, Efficiency, Weapon, Real estate, Financial services

The Sukuk was guaranteed by the Kingdom of Saudi Arabia through the Ministry of Finance.

Key Points: 
  • The Sukuk was guaranteed by the Kingdom of Saudi Arabia through the Ministry of Finance.
  • The funding raised will enable us to expand our relationships with home finance lenders, as Saudi Arabia moves closer to its target of achieving 70% home ownership among Saudi nationals by 2030."
  • Its first Sukuk offerings under the programme were issued in March 2021 in two tranches of 7 and 10-years totaling SAR 4 billion.
  • SRC enables individuals and entities interested in direct or indirect real estate financing to increase and diversify origination of long-term fixed-rate (LTFR) products.

Reimaging the Future: OPPO Will Host OPPO INNO DAY 2021 on 14-15 December at its first ever virtual INNO WORLD

Retrieved on: 
Sunday, December 12, 2021
Cloud, OPPO, MENA, Egg, Smartphone, Software, International, Freedom, MEA, Ecosystem, ColorOS, Technology, Research, Mobile phone, Video game

DUBAI, UAE, Dec. 12, 2021 /PRNewswire/ -- OPPO has announced it will host the annual OPPO INNO DAY on 14-15 December 2021 in Shenzhen, China.

Key Points: 
  • DUBAI, UAE, Dec. 12, 2021 /PRNewswire/ -- OPPO has announced it will host the annual OPPO INNO DAY on 14-15 December 2021 in Shenzhen, China.
  • At the inaugural OPPO INNO DAY 2019, OPPO illustrated its integrated ecosystem of cutting-edge technologies, including AR Glasses, 5G CPE, and OPPO Band .
  • For 2021, OPPO is digitalizing the launch event and exhibitions, transforming the conventional event into an entertaining and interactive world of virtual experiences.
  • OPPO INNO WORLD is the virtual stage of OPPO INNO DAY 2021.

Reimaging the Future: OPPO Will Host OPPO INNO DAY 2021 on 14-15 December at its first ever virtual INNO WORLD

Retrieved on: 
Sunday, December 12, 2021
Cloud, OPPO, MENA, Egg, Smartphone, Software, International, Freedom, MEA, Ecosystem, ColorOS, Technology, Research, Mobile phone, Video game

DUBAI, UAE, Dec. 12, 2021 /PRNewswire/ -- OPPO has announced it will host the annual OPPO INNO DAY on 14-15 December 2021 in Shenzhen, China.

Key Points: 
  • DUBAI, UAE, Dec. 12, 2021 /PRNewswire/ -- OPPO has announced it will host the annual OPPO INNO DAY on 14-15 December 2021 in Shenzhen, China.
  • At the inaugural OPPO INNO DAY 2019, OPPO illustrated its integrated ecosystem of cutting-edge technologies, including AR Glasses, 5G CPE, and OPPO Band .
  • For 2021, OPPO is digitalizing the launch event and exhibitions, transforming the conventional event into an entertaining and interactive world of virtual experiences.
  • OPPO INNO WORLD is the virtual stage of OPPO INNO DAY 2021.

CGTN: In America, paying taxes is optional if you're a billionaire

Retrieved on: 
Sunday, December 12, 2021
Revenue stream, Income, Politics, Economic Research Service, National Bureau of Economic Research, Tax, Interview, ProPublica, IRS, Internal Revenue Service, Forbes, Jacobin, Cryptocurrency

The report compared the amount of tax paid annually by the richest 25 Americans to their wealth accrual during the same period, as estimated by Forbes magazine.

Key Points: 
  • The report compared the amount of tax paid annually by the richest 25 Americans to their wealth accrual during the same period, as estimated by Forbes magazine.
  • Of a total wealth accumulation of $401 billion, the group collectively paid $13.6 billion in taxes a dazzling sum that nonetheless translates to a real tax rate of just 3.4 percent.
  • In contrast, the average American household paid 14 percent in federal taxes, at rates that rise progressively in relation to income.
  • By comparison, the bottom half of all U.S. households an estimated 65 million families shared a combined wealth of $2.5 trillion, according to the report.

Masdar demonstrates leadership in energy sector with Excellence in Power award at S&P Global Platts Global Energy Awards 2021

Retrieved on: 
Saturday, December 11, 2021
Industry, CO2, Wall Street, ABU, CEO, Award, Wind, Leadership, Renewable energy

ABU DHABI, UAE, Dec. 11, 2021 /PRNewswire/ -- Masdar, one of the world's fastest-growing renewable energy companies, has received the coveted 'Award of Excellence – Power' at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy. The US-based event is one of the most prestigious for the global energy industry.

Key Points: 
  • Masdar among global energy leaders recognized at gala ceremony in New York, US; Global Energy Awards considered among prestigious in industry
    ABU DHABI, UAE, Dec. 11, 2021 /PRNewswire/ -- Masdar, one of the world's fastest-growing renewable energy companies, has received the coveted 'Award of Excellence Power' at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy.
  • The US-based event is one of the most prestigious for the global energy industry.
  • Running for 23 years, the Global Energy Awards honor organizations and individuals in the energy industry who are dedicated to achieving excellence.
  • The Award of Excellence Power is open to all types of power producers, utilities, system operators and regional market entities.

Masdar demonstrates leadership in energy sector with Excellence in Power award at S&P Global Platts Global Energy Awards 2021

Retrieved on: 
Saturday, December 11, 2021
CO2, Wall Street, ABU, CEO, Multimedia, Award, Wind, Leadership, Renewable energy

ABU DHABI, UAE, Dec. 11, 2021 /PRNewswire/ -- Masdar, one of the world's fastest-growing renewable energy companies, has received the coveted 'Award of Excellence Power' at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy.

Key Points: 
  • ABU DHABI, UAE, Dec. 11, 2021 /PRNewswire/ -- Masdar, one of the world's fastest-growing renewable energy companies, has received the coveted 'Award of Excellence Power' at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy.
  • The US-based event is one of the most prestigious for the global energy industry.
  • Running for 23 years, the Global Energy Awards honor organizations and individuals in the energy industry who are dedicated to achieving excellence.
  • The Award of Excellence Power is open to all types of power producers, utilities, system operators and regional market entities.

Newgen Secures Patent for Integrated Capture and Analysis of Documents

Retrieved on: 
Saturday, December 11, 2021
Insurance, Solution, Patent Act, ECM, CEO, Patent Act of 1790, Leadership, BPM, Research, Software, Organization, Patent, CCM, Government, 3D printing

DUBAI, UAE, Dec. 11, 2021 /PRNewswire/ --Newgen Software, a global provider of low code digital transformation platform , has announced that the Indian patent office has granted a patent ( No.383940 ) for its invention entitled "Integrated Capture and Analysis of Documents."

Key Points: 
  • DUBAI, UAE, Dec. 11, 2021 /PRNewswire/ --Newgen Software, a global provider of low code digital transformation platform , has announced that the Indian patent office has granted a patent ( No.383940 ) for its invention entitled "Integrated Capture and Analysis of Documents."
  • This patent protects the invention to automatically capture the best quality document images using mobile or tablet devices with the help of real-time calibration of parameters, such as distance of capture, ideal resolution, etc.
  • An analysis and relevant enhancement/correction of the document image quality is done, and an acknowledgment is sent.
  • Newgen has filed 44 patents till date, out of which 21 have been granted in India and the US.

Newgen Secures Patent for Integrated Capture and Analysis of Documents

Retrieved on: 
Saturday, December 11, 2021
Insurance, Solution, Patent Act, ECM, CEO, Patent Act of 1790, Leadership, BPM, Research, Software, Organization, Patent, CCM, Government, 3D printing

DUBAI, UAE, Dec. 11, 2021 /PRNewswire/ -- Newgen Software, a global provider of low code digital transformation platform, has announced that the Indian patent office has granted a patent (No. 383940) for its invention entitled "Integrated Capture and Analysis of Documents." This is for a term of 20 years commencing from January 14, 2011, in accordance with the provisions of the Patents Act, 1970.

Key Points: 
  • DUBAI, UAE, Dec. 11, 2021 /PRNewswire/ --Newgen Software, a global provider of low code digital transformation platform , has announced that the Indian patent office has granted a patent ( No.383940 ) for its invention entitled "Integrated Capture and Analysis of Documents."
  • This patent protects the invention to automatically capture the best quality document images using mobile or tablet devices with the help of real-time calibration of parameters, such as distance of capture, ideal resolution, etc.
  • An analysis and relevant enhancement/correction of the document image quality is done, and an acknowledgment is sent.
  • Newgen has filed 44 patents till date, out of which 21 have been granted in India and the US.

Brand-New KYMCO AK 550 Takes 'Super Touring' Concept to the Next Level

Retrieved on: 
Friday, December 10, 2021
ATV, KYMCO, Daytime running lamp, Technology, Super Touring, Motorcycle, Heart, Traction control system, Travel, Transport, Tourism

"Despite the international travel restrictions, I am very grateful that KYMCO is able to showcase the brand-new AK 550 in EICMA, as Milan is where AK 550 was first introduced," said Allen Ko, KYMCO Chairman.

Key Points: 
  • "Despite the international travel restrictions, I am very grateful that KYMCO is able to showcase the brand-new AK 550 in EICMA, as Milan is where AK 550 was first introduced," said Allen Ko, KYMCO Chairman.
  • AK 550, named after KYMCO's 50th anniversary, is a showcase of the technologies and craftmanship that KYMCO has accumulated for more than 50 years.
  • In addition, the new AK 550 is equipped with the "Cornering ABS", the highest level of protection for cornering safety.
  • "With the new AK 550, KYMCO is pushing the boundaries of the meaning of travel and transportation," said Allen Ko, KYMCO Chairman.

UMKM EXPO(RT) BRILIANPRENEUR 2021: BRI Promotes the Digitalization of Indonesian MSMEs

Retrieved on: 
Thursday, December 9, 2021
Online, TBK, Belitung, Digital, Business, Newcomer, The Show Must Go Online, BRI, Favourite, MSME-Champions, Entrepreneurship, IDX, Catalog, BBRI, PADI, Central Java, Social media, Expo, Video game

It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual bazaar organized by BRI.

Key Points: 
  • It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual bazaar organized by BRI.
  • "BRI has supported the Indonesian MSMEs to grow as an established business and go global to compete in the international market.
  • BRILIANPRENEUR 2021 will also feature the virtual "MSMEs x Designer Auction" of 10 designer works, whose proceeds will go to Sahabat UMKM Foundation.
  • BRI will provide MSMEs Awards in Business Matching for Newcomer MSMEs and Top Deals MSMEs with the highest potential dealing; Best Expo for MSMEs readiness to go digital and go online; and Favorite MSMEs based on social media campaigns.