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Exclusive Markets Opens Dubai Rep. Office and Launches a Special Ramadan Promotion

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DUBAI, UAE, March 3, 2025 /PRNewswire/ — Exclusive Markets has officially opened its new representative office in Dubai. To celebrate this significant milestone, they are offering a special Ramadan Promotion.

Dubai’s position as a global financial epicentre makes this move a strategic step to expand the company’s reach, meet growing client demand, and strengthen its presence in the MENA region. The new representative office will serve as a key operational hub, supporting direct engagement with traders and partners.

 

 

The launch of this office reflects Exclusive Markets’ dedication to delivering a solid trading infrastructure and personalised client support. It also highlights the company’s objectives of building long-term relationships, aligning with regulatory standards, and providing MENA traders with direct access to global markets under a rigid framework.

Mr. Lambros Lambrou, CEO of Exclusive Markets, made the following statement in response to the expansion:

“Dubai has emerged as a global financial powerhouse, offering beyond compare opportunities for brokerages. With our client base in the UAE and Saudi Arabia expanding fast, forming a local presence became a strategic necessity for us. This office allows us to support our traders better, reinforce regional partnerships, and support our commitment to an uninterrupted trading journey.”

A Special Offer for Ramadan and Dubai Expansion

Exclusive Markets is offering traders the chance to win a VIP trip to Dubai and other amazing prizes to celebrate the opening of the new Representative Office and the spirit of Ramadan.

Join the challenge, trade, and climb the leaderboard to win.

Learn more: https://exclusivemarkets.com/ramadan-promo.

Meet us There

Industry professionals, partners, and clients can visit the representative office to see firsthand how the company is shaping the future of trading in the region.

Address: The Offices 3, Level 5, No. 547, One Central Dubai World Trade Centre, Sheikh Zayed Road, P.O Box 9573, Dubai, UAE
Email: info@exclusivemarkets.com

About Exclusive Markets

Established in 2018, Exclusive Markets is a recognised multi-asset trading provider committed to innovation, trust, and client satisfaction. Building on the foundational values of customer-centricity, Exclusive Markets is dedicated to becoming a global force in finance, making investment opportunities accessible to all clients worldwide.

 

Transforming Tianhe: A Vision for Modern Industries

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BEIJING, March 3, 2025 /PRNewswire/ — A news report from chinadaily.com.cn：

A panoramic view of the skyscrapers of Tianhe district. [Photo/VCG]
A panoramic view of the skyscrapers of Tianhe district. [Photo/VCG]

Tianhe district, Guangzhou’s leading economic powerhouse, is prioritizing the development of eight strategic industry clusters, four future industries, and six modern service industries as its approach to high-quality development.

The district announced its decision to establish a “12126” modern industrial system during its recent high-quality development conference.

The “12” in the “12126” system refers to eight strategic industry clusters and four future industries; and the “6” encompasses six modern service industries.

The district aims to create a modern industrial cluster system supported by five industries by 2035: modern finance, software and the internet, professional services, modern commerce, and cultural creativity, each capable of an annual output value of 100 billion yuan ($13.80 billion).

Additionally, five other industries – AI, intelligent equipment and robotics, biomedicines and health, intelligent connected vehicles and new energy vehicles, as well as technology services – are projected to achieve an annual output value of 50 billion yuan each.

To this end, the district has developed a series of preferential policies for local businesses and will announce new incentives for its strategic and future industries.

Tianhe plans to set aside a budget of over 1 billion yuan annually to support the development of key industries under the “12+6” framework.

“Tianhe is the starting point of XPeng Motors and will remain the key place for its business development,” said He Xiaopeng, chairman of XPeng Motors, who completed his college education and started his business in the district. “From software to mobile internet, and to AI auto, I’m lucky to have witnessed and participated in China’s rapid development of science and technology over the past three decades.”

He reaffirmed XPeng’s commitment to investing in Tianhe, with a new headquarters to be launched in August.

NetEase CEO Ding Lei credited Tianhe’s “daring to break and build” mindset and supportive business environment for its success.

With AI-driven transformations on the horizon, NetEase will continue investing over 10 billion yuan annually in R&D to drive global innovation.

Having been Guangzhou’s No.1 district in GDP for 18 consecutive years, Tianhe is known for its technological innovation.

Its Wushan-encircled innovation source area has the highest intelligence density in Guangdong province, while its Keyun Road is referred to as the “No. 1 game street in China.”

Pegatron 5G with Industrial Partners Optimizes Private Networks at MWC 2025

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BARCELONA, Spain, March 3, 2025 /PRNewswire/ — Pegatron 5G joins Mobile World Congress to showcase end-to-end 5G O-RAN products including RedCap Dongle and Camera, Low Latency 5G Enterprise Network, Layer-2 PDU transport over 5G network, Network-in-Radio, PR1450 O-RU, DU, CU, and OSS including SMO, RIC, xApps, and rApps. 

Pegatron 5G showcasing enterprise solutions at MWC 2025, Hall 5 5A82.
Pegatron 5G showcasing enterprise solutions at MWC 2025, Hall 5 5A82.

“I am very pleased to bring a leading set of 5G network features and devices to optimize industrial and enterprise private network requirements with Qualcomm Technologies, Radisys, VIAVI and HMS,” said CY Feng, General Manager, Business Group of Communication Products, Pegatron.

RedCap

Pegatron 5G demonstrated live RedCap end-to-end network utilizing the Snapdragon® X35 Modem-RF System-enabled 5G “Muscat” Camera and “MD200” 5G Dongle. 

“We are thrilled to congratulate Pegatron on their successful demonstration,” said Gautam Sheoran, VP and GM of the Wireless Broadband and Communications at Qualcomm Technologies, Inc. “The introduction of these devices at a more affordable price point signifies a pivotal step in making advanced 5G capabilities more accessible while delivering high value to the market.”

Low Latency Communications

Pegatron 5G demonstrated live Low Latency 5G network over ORAN network topology coworking with VIAVI. Pegatron 5G uses optimization features such as the “Themis” scheduler developed by Pegatron 5G, Frame structure optimization, TTI Merging, lowSE MCS, Lower k1 and k2 optimized in coordination with Radisys. Pegatron 5G is able to show significant reduction in latency and decrease in latency jitter.  

“Together with our industry partners Radisys (L2 stack), Metanoia (ORAN PR1450 Radio SOC), and VIAVI (Test Equipment solutions), Pegatron 5G is able to focus on enterprise networks to meet industrial needs for low latency applications,” said David Hoelscher, VP & Chief Product Officer, Pegatron 5G.

“Low latency industrial networks have demanding specifications that require in-depth testing of both functionality and performance. VIAVI is pleased to be working closely with Pegatron to deploy 5G test systems that reduce their time to market and deliver high quality solutions,” said Stephen Hire, VP Solutions and Services.

Layer 2 PDU

Pegatron 5G demonstrated live Layer 2 PDU over 5G showing wireless 5G transport of PROFINET Industrial Ethernet protocol using HMS Networks Anybus Communicator.

“This will improve the efficiency and flexibility of traditional factories to become Industry 4.0-Wireless,” said Henrik Arleving, Product Manager Anybus Wireless at HMS Networks.

This industry first requires a strong collaboration between multiple partners. Pegatron 5G RAN, Qualcomm Dragonwing™ FSM200 Platform for Small Cells, and Core Network optimizations from Radisys, as well as Industrial Ethernet expertise from industry leaders such as HMS Networks.

Network-in-Radio

Pegatron 5G demonstrated PNW-2400, Network-in-Radio, combining Pegatron 5G PS2400 Integrated Small Cell Radio chassis and computing platform with Radisys optimized 5G core. By utilizing the Dragonwing FSM200 Platform, the Pegatron PNW-2400 addresses challenging power, cost and size requirements for private 5G network deployments. The PNW-2400/ PS-2400 radio is designed with high computing power NXP LX2160A 16-core NPU, which enables all Radio and 5GC functionality in one enclosure. With light weight deployment options and LEO satellite connection, the PNW-2400 Network-in-Radio can be easily transported and deployed to isolated regions.   

“Radisys is pleased to partner with Pegatron 5G to enhance the PNW-2400 with our 5G Connect RAN and low footprint embedded 5G Core software, enabling universal connectivity optimized for maritime, disaster relief, and emergency communications in extreme conditions,” said Munish Chhabra, Head of Mobility Software and Services Business, Radisys.

Pegatron 5G announces full suite of 5G ORAN products.

About Pegatron 5G

Pegatron 5G provides of end-to-end solutions, include 5G radios, servers, networking, edge computing and management solutions for private networks.

Millennium Hotels and Resorts Marks Three Decades in Hospitality

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Celebrating its Pearl anniversary, the brand invites guests to experience hospitality the “The Millennium Way”.

SINGAPORE, March 3, 2025 /PRNewswire/ — Millennium Hotels and Resorts (MHR), a global leader in hospitality with a legacy of award-winning excellence, enters its third decade of unparalleled service. To mark this milestone, MHR has launched The Millennium Way campaign to redefine guest experiences and inspire travels through its diverse offerings.

Millennium Hotels and Resorts celebrates 30 Year of Excellence
Millennium Hotels and Resorts celebrates 30 Year of Excellence

“Celebrating 30 years is not just about our properties, it’s also about the people who have shaped our company to what it is today. Our guests, partners, and teams are the heartbeat of our brand, the very DNA that fuels our journey. Their loyalty, trust, and passion have defined our legacy, and we are honoured to celebrate this milestone with them. The Millennium Way is more than a campaign—it’s our promise to continue innovating, elevating experiences, and creating unforgettable moments for our guests. Looking ahead, we are inspired to grow, transform, and redefine hospitality together,” said Mr Saurabh Prakash, Interim Chief Operating Officer & Chief Commercial Officer, MHR.

The Millennium Way Offer

From 14 February 2025 to 31 March 2026, guests can enjoy up to 20% off room rates, and indulge in a range of personalised perks, tailored to enhance guest experience at MHR hotels worldwide. From complimentary breakfast to dining credits, welcome drinks, late-check out and more, each property offers varying benefits to ensure a rewarding travel experience for all guests.

Stay More, Earn More with The Millennium Way

Members of MyMillennium, MHR’s global guest loyalty programme, have even more reasons to look forward to their travels. With The Millennium Way, members can enjoy 3,000 bonus MyPoints for booking with this exclusive rate on a consecutive three-night stay. The longer you stay, the more you’re rewarded—accumulate 9 nights and earn an impressive 30,000 bonus MyPoints. Simply book any public rate on our website to unlock this generous bonus.

A Culinary Odyssey to Discover Global Flavours

MyMillennium members can embark on a discovery of flavours with MHR’s new dining campaign, A Culinary Odyssey, encouraging guests to indulge in diverse dining experiences across our properties. Enjoy world-class dining and earn 3,000 MyPoints (worth USD$15) with a minimum spend of USD$90 at participating F&B outlets. A Culinary Odyssey will launch in Singapore first, before extending progressively to other regions.

Find out more: millenniumhotels.com/themillenniumway 

Temu Wins High Ratings for Quality, Data Handling and Returns from Top German Consumer Watchdog

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BERLIN, March 3, 2025 /PRNewswire/ — Stiftung Warentest, Germany’s leading consumer testing organization, awarded Temu a “good” rating for data handling and shopping experience. The independent evaluation also found that products purchased from Temu were “usable and as described.”

The assessment was part of Stiftung Warentest’s review of seven major e-commerce platforms, examining product safety, data handling, and the overall shopping experience. Temu was among the top performers in the evaluation, which also included Amazon, eBay, AliExpress, Fruugo, Wish, and Banggood.

Founded in 1964 by the German federal parliament, Stiftung Warentest is Germany’s most trusted independent consumer testing agency. Its evaluations follow strict scientific protocols, combining laboratory testing with real-world use cases to provide objective, reliable product assessments.

Temu’s performance in the evaluation reflects its ongoing efforts to strengthen quality assurance. The company implements a rigorous seller and product vetting process, backed by proactive monitoring and swift corrective action.

Germany is Temu’s largest EU market, with 17 million users, according to its latest EU transparency report. Since launching in Europe in April 2023, Temu has prioritized quality assurance and data protection to enhance consumer trust.

Temu collaborates with leading global testing and certification organizations, including TÜV SÜD, TÜV Rheinland, SGS, and Bureau Veritas, to ensure third-party seller products meet required standards. In addition, Temu has been certified by Dekra, a respected German testing and certification body, to meet the Mobile App Security Assessment cybersecurity standard.

In its evaluation, Stiftung Warentest rated Temu’s shopping process “good” and its return experience “very good”— the highest rating in the evaluation and the best among the seven marketplaces tested.

“Our purchase via Temu went smoothly. We were able to return the goods free of charge and without any complications; the full purchase price was refunded without any problems,” Stiftung Warentest noted in its report.

Since launching in the U.S. in 2022, Temu has expanded to over 90 global markets, offering consumers a broad selection of quality, affordable products. The company is actively onboarding local sellers and has rolled out local fulfillment in key markets, including the U.S., U.K., Germany, France, Belgium, Netherlands, Italy, Spain, Sweden, and Poland.

Temu expects its local-to-local model to account for 80% of European sales, creating new opportunities for local businesses while offering consumers quality products at competitive prices.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in over 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives. Founded in 2022, Temu’s mission is to create an inclusive environment where consumers and businesses can thrive.

Rakuten Mobile Partners with Fujitsu to Accelerate 5G Network Expansion

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KAWASAKI, Japan, March 3, 2025 /PRNewswire/ — Rakuten Mobile, Japan’s newest and most modern mobile network, today announced it will begin deploying base stations utilizing radio units (RU) developed by Fujitsu Limited, as it accelerates the expansion of its 5G (Sub6) network area in 2025.

Leveraging its expertise in building a fully virtualized, cloud-native mobile network based on Open RAN standards in Japan, Rakuten Mobile will continue to rapidly deploy 5G Sub6 base stations and expand its coverage area. Fujitsu, through its compact and energy-efficient RU, will support Rakuten Mobile’s rollout of 5G commercial services and contribute to the further global adoption of Open RAN.

The RU model to be used by Rakuten Mobile, 44R21, adopts the O-RAN specifications established by the O-RAN ALLIANCE – a worldwide community promoting the development of Open RAN specifications. The RU facilitates communication between the base station’s distributed unit (DU) and centralized unit (CU) via a fronthaul interface (1). It has a proven track record of interoperability with equipment from various domestic and international vendors, enabling telecommunications carriers to diversify their equipment choices and mitigate supply chain risks. Additionally, using Fujitsu’s proprietary technology, the radio units are designed to be compact, lightweight and energy-efficient, thereby contributing to leaner space requirements and lower network operation costs.

The RU 44R21 base model will be showcased at MWC Barcelona 2025, the world’s largest connectivity exhibition, held in Barcelona, Spain, from March 3 to 6, 2025.

Going forward, Rakuten Mobile will use its pioneering virtualization network technology and existing base station infrastructure to reduce lead times from construction to operation, ensuring cost-efficient deployments of base stations. Additionally, Rakuten Symphony will work together with Fujitsu to discuss future collaborations, aiming to drive the global rollout of these units and accelerate the worldwide adoption of Open RAN technology.

For full release click here

GSMA Announces Strategic Partnerships to Drive Innovation and Connectivity in the Automotive and Aviation Industries

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5G Automotive Association, JASPAR, Outsight, Safran Passenger Innovations and Seamless Air Alliance embark on journey with GSMA to accelerate new connectivity services

BARCELONA, Spain, March 3, 2025 /PRNewswire/ — The GSMA, the global mobile industry association, today announced new strategic partnerships with leading organisations in the automotive and aviation sectors. Through these partnerships, the GSMA will work on behalf of the mobile industry to better understand the connectivity needs of these sectors and support the development of advanced connectivity solutions that enhance safety, efficiency, and customer experience.

The organisations partnering with the GSMA on these collaborations include the 5G Automotive Association (5GAA), Japan Automotive Software Platform and Architecture (JASPAR), Outsight, Safran Passenger Innovations and Seamless Air Alliance. This builds on a similar cooperation partnership signed with the Automotive Edge Computing Consortium in October, last year.

Within the GSMA, these activities will be led by GSMA Fusion, a recently formed initiative, established to listen to the voice of enterprises at an industry level and identify unmet needs which today’s advanced networks can provide. As part of the GSMA Open Gateway, Fusion works with industries such as automotive, aviation, financial services, and others to accelerate demand for 5G API-based and other solutions, and deliver transformative new services for enterprises. 

Mats Granryd, Director General, GSMA, said: “The partnerships we’re announcing today, through GSMA Fusion, provide strong direction from these industries to ours, helping the mobile ecosystem truly meet the needs of the automotive and aviation sectors and harness the power of mobile connectivity to create innovative solutions that enhance safety, efficiency, and customer experience. When we launched the GSMA Open Gateway initiative at MWC Barcelona two years ago we stated our ambition to unlock the full potential of 5G networks for all industries through universal access and open APIs and the partnership just announced is a step in that direction.”

More than 72 mobile operator groups representing almost 80% of mobile connections worldwide have signed up the GSMA Open Gateway initiative. Open Gateway facilitates the design of digital products that can function seamlessly across all devices, regardless of country or operator. This is achieved through Application Programming Interfaces (APIs), gateways to information about network capabilities. These APIs are available through the CAMARA repository, an open-source project supported by Linux Foundation, GSMA and TM Forum.

Read the full press release: here.

Cohen & Steers Launches SICAV Short Duration Preferred Income Fund

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LONDON, March 3, 2025 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) announced today the launch of the Cohen & Steers SICAV Short Duration Preferred Income Fund. This is the firm’s second fund focused on the preferred securities market available to UCITS investors, in addition to the Cohen & Steers SICAV Preferred Income Fund, launched in 2017.

With some of the highest yields in fixed income, preferred securities offer several key benefits, including the potential for high and stable income, portfolio diversification and low correlation to the fixed income universe. Preferreds act like bonds, paying a fixed or floating rate of income, but are a form of equity for issuers that lie between common stock and senior debt in a company’s capital structure. They are generally issued by large, regulated companies with relatively stable cash flows, such as banks, insurance companies, utilities and other sectors that are less represented in other fixed income strategies.

Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, said:
“We see significant opportunities in the $1.2 trillion preferred securities market driven by attractive market fundamentals, including an increase in new issuance from institutional, over-the-counter preferreds and contingent capital securities. Recent methodology changes from select rating agencies have also spurred new issuance from non-financial companies, improving the diversification of the preferred securities universe. Overall, we are optimistic about preferreds’ return potential and the appeal of short duration strategies.”

The Fund seeks to provide investors with high current income and capital preservation as a secondary objective through investments in the global preferred and debt securities universe with a focus on investment-grade, institutional preferreds. It offers a lower target duration of less than three years, though the duration may be longer depending on market conditions, and seeks to reduce portfolio interest rate sensitivity and manage volatility. The Fund is managed by Elaine Zaharis-Nikas, Head of Fixed Income and Preferred Securities, and Portfolio Managers Jerry Dorost and Robert Kastoff.

David Conway, Head of International Wholesale Distribution, added:
“In an environment where income and quality matter more than ever, we’re excited to launch the Cohen & Steers SICAV Short Duration Preferred Income Fund to provide investors with access to a diversified portfolio of institutional preferred securities. We believe this fund is a compelling solution for investors seeking long-term total return through high and resilient income.”

As a global leader in actively managed preferred securities strategies, Cohen & Steers manages $18.3 billion in preferreds and has invested in the asset class since 2003.

To learn more about the Cohen & Steers SICAV Short Duration Preferred Income Fund, please visit: https://www.cohenandsteers.com/funds/short-duration-preferred-income-fund/.  

To learn more about the global preferred securities market, please visit:  https://www.cohenandsteers.com/themes-post/preferred-securities-knowledge-center/.

This is a marketing communication. Please refer to the prospectus of the Cohen & Steers SICAV and to the relevant KIID/KID before making any final investment decisions. These documents are available free of charge on the Cohen & Steers website.

About Cohen & Steers SICAV Funds. The Funds are sub-funds of Cohen & Steers SICAV, a Luxembourg-domiciled undertaking for collective investment in transferrable securities (UCITS). Shares of the Funds are only offered pursuant to the current prospectus and the sales of shares of the Funds may be restricted in certain jurisdictions. In particular, shares may not be offered or sold, directly or indirectly in the United States or to U.S. persons, as more fully described in the Funds’ prospectus. Please see the prospectus for additional information including important risk considerations, potential loss of capital, and details about fees and expenses. Past performance is no guarantee of future results.

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

This communication is not contractually binding or legislatively required. This communication is not sufficient to make an investment decision. Past performance is no guarantee of future results. There is no guarantee that any historical trend illustrated herein will be repeated in the future, and there is no way to predict precisely when such a trend will begin. There is no guarantee that any market forecast made in this commentary will be realized. This material is not being provided in a fiduciary capacity, and represents an assessment of the market environment at a specific point in time, should not be relied upon as investment or tax advice and is not intended to predict or depict performance of any investment, nor may it be construed as investment advice for any product or service sponsored by Cohen & Steers, Inc. or any of its affiliates or agents.

Risk
Risks of investing in the Fund are described in the prospectus and key investor documents, which are available on the Cohen & Steers website (see link to documents above). Investment risk including possible loss of entire amount invested. Increased credit risk due to subordination to all other types of corporate debt. Default risk because the issuer experiences a decline in its financial status. Contingent Convertible Securities(“CoCos”) are typically subject to greater levels of credit and liquidity risk. Call risk causing sub-fund to invest in lower yielding securities. Increases in interest rates may cause process to fall. Foreign security risk due to currency fluctuations, lower liquidity, political and economic uncertainties and differences in accounting standards. Subject to liquidity risk.

CONTACT: Robert Klemens
Vice President, Communications
media@cohenandsteers.com

Website: https://www.cohenandsteers.com
Symbols: NYSE: CNS

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