Month : May 2024

Business

Biden administration opposes repeal of SEC crypto rules

omandailynews.com
The Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on crypto-related activities. In a statement issued on May 8, the administration emphasized its opposition to H.J. Res. 109, asserting that......
PR Newswire

OPay Announces Its First Monthly Profit With Nearly 10 Million Daily Active Trading Users

omandailynews.com
SINGAPORE, May 10, 2024 /PRNewswire/ — OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to breach the 10 million mark. This marks a significant milestone in OPay’s remarkable journey. Since its......
News

Iceland welcomes largest carbon capture plant by Climeworks

omandailynews.com
Climeworks, a pioneering Swiss company, has marked a significant milestone in the fight against climate change by unveiling the world’s largest operational direct air capture (DAC) plant in Iceland. This mammoth facility, named “Mammoth,” dwarfs its predecessors, nearly ten times the size of the previous record-holder. The urgency of addressing climate change......
PR Newswire

"Meet Me in Shanghai" Pop-up Event Invites Travelers at Zayed International Airport to Experience the Wonders of Shanghai

omandailynews.com
ABU DHABI, UAE, May 9, 2024 /PRNewswire/ — From May 6 to May 20, 2024, the vibrant culture and iconic landmarks of Shanghai are being showcased at Abu Dhabi’s Zayed International Airport. The “Meet Me in Shanghai” pop-up event invites travelers to immerse themselves in a captivating interactive experience, offering......
PR Newswire

The third Tashkent International Investment Forum showcases Uzbekistan’s investment potential after $26.6 billion in agreements successfully signed

omandailynews.com
$26.6 billion: the total amount of signed agreements, which is 141.8% higher as compared to the results of the last years’ Forum. $4.85 billion: the largest agreement, signed within the framework of The Forum with ACWA Power. $2.5 billion: the mandate of the International Islamic Trade Finance Corporation (ITFC) for......
PR Newswire

GWM Demonstrates Global Development, Enhancing the Confidence of Global Partners

omandailynews.com
BEIJING, May 8, 2024 /PRNewswire/ — From April 20th to April 27th, representatives of GWM’s global partners gathered in China to learn more about GWM’s R&D and production achievements, and to test-drive GWM’s new models on the spot. Partners explored GWM’s achievements on globalization development, which enhanced their confidence in......
PR Newswire

Wego Introduces WegoBeds, a Hotel Bedbank Connecting Middle East Hotels with Wego’s Global Partner Network

omandailynews.com
DUBAI, UAE, May 8, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa region (MENA), has announced the launch of WegoBeds, a specialized B2B accommodation platform designed to meet the growing demand for accommodation solutions in the region. WegoBeds bridges the gap between Middle......
PR Newswire

Chamlion Unveils Advanced Dental 3D Printing Solutions at IDEX 2024 Exhibition

omandailynews.com
ISTANBUL, May 8, 2024 /PRNewswire/ — Chamlion, a gamechanging force in the digitalization of dentistry, is set to captivate attendees at the International Dental Equipment Exhibition (IDEX) 2024 in Turkey. With a comprehensive display of integrated dental 3D printing solutions, featuring its innovative metal 3D printers, and plasma polishing machines.......
PR Newswire

Trip.com Group Expands Presence in the Middle East with Strategic Initiatives and New Regional Office

omandailynews.com
DUBAI, UAE, May 8, 2024 /PRNewswire/ — Trip.com Group, a global leader in online travel services, announces its strategic expansion in the Middle East, highlighted by its participation in this year’s Arabian Travel Market (ATM) in Dubai. This expansion is underpinned by a global commitment to innovative travel solutions and strategic......