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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Verofax to raise US$750,000 on Beban Crowdfunding Platform

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for

London-based Downtown International enters JV with ONERHT to expand Asia-Pacific presence

- Tokenisation on ONERHT's SDAX digital asset exchange a key objective of the JV - Increasing cross-border capital inflows for Asia-Pacific real estate boosts JV outlook - RHT Real Estate portfolio of SG properties a complement to Downtown's portfolio SINGAPORE, Feb 27, 2023 - (ACN Newswire) - London-headquartered multinational real estate agency Downtown International has entered into a joint venture (JV) partnership with Singapore-based RHT AlDigi Financial Holdings, a member of ONERHT, as part of its expansion into Asia. Downtown International is an award winning multinational real estate agency offering