Day: December 28, 2021

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HWGG Capital Expands Regional Footprint

Singapore, Dubai and Kazakhstan

LABUAN, Malaysia, Dec. 28, 2021 /PRNewswire/ — HWGG Capital P.L.C (“HWGGC” or “The Company”), a leading blockchain payment solutions provider licensed under Labuan Financial Services Authority (LFSA) Malaysia, is expanding its regional footprint to Singapore, Dubai and Kazakhstan. The regional expansion is expected to commence in the first quarter of 2022.

HWGG Capital was founded in 2017 to offer digital asset management services through its HWGCash App platform. HWG CASH is Asia’s first ecosystem that serves as a medium connecting both digital and traditional markets, where it enables traditional companies to scale by expanding their reach internationally with ease for accepting cross-border payment using digital currency, which can later be processed into fiat currency for settlement.

Speaking on the expansion, Mavis Mok, CEO of HWGG Capital said, “Our move to go beyond Asia Pacific will mark a milestone moment in the growth of our business as we aim to introduce our products and services to the global audiences. This is our key payment platform that spurs the adoption of blockchain for financial services among companies and individuals across the region.”

The expansion comes at a time when digital currency trends are on the climb. According to a research paper on Allied Market Research, the market size is expected to reach USD 5 billion by 2030.[1] Recent developments have shown that digital currency is more readily accepted as an official mode of payment and capital investment from international businesses across a wide range of industries. In Singapore, the government has a clear strategy on regulating the cryptocurrency market and this regulatory framework has reassured crypto investors in the country.[2]

“Our objective is to provide better support to our customers across Asia Pacific, Middle East, Africa, South Asia, and Europe regions through the establishment of our new subsidiary companies. The advanced framework and well-placed regulatory measures in these countries are integral to create a digital currency-friendly environment. We welcome the opportunity to work with companies looking for expertise in offering financial services from digital currency related space, such as payments & settlements, investment, and remittance, under a secure and protected manner,” added Mok

For more information about HWG CASH’s Ecosystem, please visit www.hwgcash.com or call the customer helpline: +6017-6076157.

About HWGG Capital P.L.C

HWGG Capital P.L.C (HWGG Capital) is the first fully licensed digital assets payment operator under Labuan Financial Services Authority (LFSA), Malaysia. The company is committed towards driving new fintech solutions to the market by leveraging on blockchain technology to create the new finance services for investments, payments, store, and transfers using digital assets while adhering to the highest security and compliance standards under authority.

Logo – https://mma.prnewswire.com/media/1716630/HWGG_Capital.jpg

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JETEX CHRISTMAS IN THE SKY

Dubai, United Arab Emirates, Dec. 27, 2021 (GLOBE NEWSWIRE) — For the wealthiest of the wealthy, only the most extravagant and expensive gifts are acceptable during the holiday giving season. This inspired Jetex to design the ultimate ‘Christmas in the Sky’ private jet experience, priced USD 27,000 for up to 10 passengers.

Jetex, an award-winning global leader in executive aviation, invites the lucky few to celebrate style, taste and disposable income with one brilliant idea: a glamorous Christmas onboard a private jet soaring high in the festive skies.

The magical journey will commence with the passengers picked-up by a chauffeur limousine from their residence or hotel and driven in style to Dubai’s iconic Jetex VIP Terminal. Upon arrival, they will be welcomed by not one, but 28 spectacular Christmas trees lined up in front of the terminal dressed in more than 15,000 lights as well as Jetex ambassadors who will take care of seamless departure formalities.

This season, the flagship Jetex terminal is a festive wonderland in its own right: from exquisite decorations and live musicians to carefully selected Dom Pérignon vintages paired with caviar and gourmet refreshments to delight the senses. Kids will be welcomed by Santa Klaus who will look after them and let them discover the magnificently decorated Christmas trees and Insta-worthy entertainment facilities of the world’s most luxurious private jet terminal. As soon as the passengers are in the mood to board, they will be driven to their private aircraft in timeless elegance in one of the Jetex Rolls-Royces.

The special flight will take two hours and the crew will select the most optimal altitude and cruising speed to ensure passengers enjoy sensational window views, including Dubai’s world-famous skyline, iconic landmarks, Arabian Gulf and the rolling dunes of the desert.

To take experience personalization further, a Jetex in-flight culinary expert will contact passengers in advance to discuss their dining preferences and design a bespoke menu which will complement many delectable festive treats offered onboard.

Once back on the ground, passengers will be invited to enjoy the rest of the evening in one of the lounges with elegant service and amenities at their leisure, as well as receive signature Jetex Christmas presents.

Adel Mardini, Founder & CEO of Jetex, commented: “Once again, Jetex redefines private jet travel experience as we celebrate the season of togetherness. ‘Christmas in the Sky’ is the epitome of luxury and festive celebrations above the clouds. Dubai is a city of superlatives and this extraordinary package is taking it to new heights. It is a perfect gift, an excellent way to discover the world of private aviation, and to create a treasured memory to cherish for years to come.”

By inviting passengers to share a delightful holiday-themed pursuit among friends and family, Jetex provides a safe, relaxed, and joyful haven of kinship and good cheer.

“Christmas in the Sky” private jet package is priced from USD 27,000 (AED 100,000) for up to 10 passengers and will be available between 24 December 2021 and 7 January 2022.

For reservations, please contact Jetex Premier Experience at experience@jetex.com.

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About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.

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Oleg Kafarov - Director of Portfolio Development & Corporate Communications
Jetex
+971 4 212 4900
teamorange@jetex.com
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Liverpool miss chance to close gap at top; Spurs held by Saints

Leicester, Wasteful Liverpool missed the chance to close the gap to leaders Manchester City after slipping to a 1-0 defeat to Leicester City in the Premier League.

Liverpool had a host of chances, including a Mohamed Salah penalty, but failed to score in the Premier League for the first time in 29 games as Ademola Lookman’s second-half goal was enough for Leicester to snatch victory, Reuters reports.

Tottenham Hotspur also endured a frustrating afternoon after they were held to a 1-1 draw at 10-man Southampton while West Ham United moved above them into fifth place after an impressive 4-1 victory at Watford.

Elsewhere, bottom club Norwich City’s troubles continued with a 3-0 loss at Crystal Palace.

Liverpool came into Tuesday’s contest trailing leaders City by six points after the champions beat Leicester 6-3 on Boxing Day.

With an additional few days break after their own Boxing Day clash against Leeds United was called off due to rising COVID-19 cases at the Yorkshire club, Liverpool looked much fresher than an injury-hit Leicester from the off at the King Power Stadium.

After dominating the early stages, Salah won a penalty but, for the first time in 16 Premier League attempts, failed to find the net, as Kasper Schmeichel made a fine save.

The chances kept coming, but the title-chasers’ wastefulness proved costly as Lookman hammered home what proved to be the winner in the 59th minute, moving Leicester up to ninth in the standings.

“Definitely, it was well deserved (for Leicester),” Liverpool coach Juergen Klopp told Amazon Prime. “It was a very strange game. We were just not good enough.

“We still had enough chances. What we did with the balls was just not right. We played a really bad game, so it was well deserved.”

CONTE’S LATEST RECORD

Antonio Conte became the first manager to go unbeaten in his first seven league games in charge of Spurs but he was left disappointed with a solitary point.

James Ward-Prowse gave the Saints a deserved lead midway through the first half, but the home side found themselves down a man after Mohammed Salisu tripped Heung-min Son to concede a penalty and pick up a second yellow before the break.

Harry Kane converted the spot kick, and the England captain had a superbly taken second ruled out for a narrow offside in the second half.

“We have to be disappointed because you have to exploit the situation against 10 men,” said Conte.

“To play after 44 hours is not easy because you need to recover from the last game. Maybe the fatigue caused bad decisions especially when we arrived in their box,” he added.

West Ham hadn’t won in three league games and Watford went into the clash after seeing their last two games postponed due to COVID-19 cases.

The Hornets got off to the perfect start when Emmanuel Dennis fired them into a fourth minute lead with a fine left-foot effort from the edge of the box.

But West Ham responded superbly and drew level in the 27th minute with a first-time drive from Tomas Soucek who connected with a fine pass from Jarrod Bowen.

Two minutes later, Said Benrahma put the visitors ahead, drilling home after Michail Antonio had cut in from the left and slipped the ball into the Algerian’s path.

The impressive Bowen had an effort ruled out by VAR but the Hammers did double their advantage through a Mark Noble penalty and substitute Nikola Vlasic completed the rout, slotting home after more good work from Bowen.

Frenchman Odsonne Edouard scored one and created two for Palace as they easily dealt with Dean Smith’s Norwich at Selhurst Park.

The former Celtic forward opened the scoring with a sixth minute penalty and then set up Jean-Philippe Mateta for the second.

It was 3-0 shortly before the break when Edouard danced into the box through a crowd before the ball fell to Jeffrey Schlupp, who smashed home.

Source: Bahrain News Agency

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Unemployment Rate In Hamas-Ruled Gaza Exceeds 50 Percent: Palestinian Official

GAZA, A Palestinian official announced yesterday that, the unemployment rate in the Hamas-ruled Gaza Strip has exceeded 50 percent in 2021, with more than 250,000 Palestinians unemployed.

Maher al-Taba’a, director of the Chamber of Commerce in Gaza, said in a statement that, an earlier World Bank report showed that the Gaza Strip, one of the most densely populated areas in the world, has the world’s highest unemployment rate.

The unemployment rate has soared to even 78 percent among graduates aged between 20 and 29, who have a certificate with an intermediate diploma or a bachelor’s degree, al-Taba’a added.

Meanwhile, the poverty rate in the Gaza Strip has grown to 64 percent, amid the Israeli blockade and an internal division between Hamas and Palestinian President, Mahmoud Abbas’ Fatah Party, he noted.

The rate of food instability among the Gaza Strip households has reached 69 percent, according to the Palestinian official.

The Gaza Strip, home to more than two million Palestinians, has been under an Israeli blockade since Hamas seized control of the coastal enclave in 2007.

Source: Nam News Network

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Gambia’s Supreme Court Dismisses Election Result Challenge

BANJUL — Gambia’s Supreme Court dismissed a legal challenge to President Adama Barrow’s recent election victory on Tuesday, ruling that the petition had not followed proper procedure, court documents showed.

Barrow won the Dec. 4 poll with 53% of the vote. Runner-up Ousainou Darboe, who got about 28%, and two other candidates refused to accept the results, citing alleged problems at polling stations without providing evidence.

Darboe’s United Democratic Party (UDP) petitioned the Supreme Court to nullify the results the following week despite election observers having said the poll was conducted fairly.

The court dismissed the petition on the grounds that Darboe’s party had failed to serve Barrow within five days of filing it, which violated the Gambia’s fair trial procedures, judicial sources said.

“The UDP failed to comply with the requirement of Rule 11 of the Election Petition Rule, which required that you file a motion of petition and security,” Chief Justice Hassan B. Jallow wrote in the judgment.

In a Facebook post on Tuesday, Darboe said that he did not consider the court’s decision a personal loss, since the petition was dismissed on a procedural technicality rather than on the merit of its claims.

“We have not lost anything because the petition was not dismissed based on merit but a mere technicality,” Darboe said. “We should be Proud of ourselves for what we have done and will continue to do for Country.”

Supreme Court decisions are final and cannot be appealed. Darboe did not indicate whether he or his party would continue to challenge the election results.

Source: Voice of America