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Alpha Technology Group Celebrates “Hong Kong AI Pioneer” Anthony Tsang’s Recognition at the 18th World Outstanding Chinese Award


HONG KONG SAR – Media OutReach Newswire – 7 October 2024 – Alpha Technology Group Limited (Nasdaq: ATGL) is proud to announce that Anthony Tsang, Executive Director and President of the company, has been honored with the prestigious 18th World Outstanding Chinese Award on 8 September 2024. This award celebrates Tsang’s visionary leadership and transformative contributions to the fields of finance and artificial intelligence (AI), further cementing his reputation as a “Hong Kong AI Pioneer”.

Recipients of the
Recipients of the “18th World Outstanding Chinese Award” alongside distinguished guests

As a well-known investor and private equity fund manager, Anthony Tsang has received widespread acclaim for his sharp business vision and unique investment style. Within a year, he successfully integrated two Hong Kong-based IT companies through strategic acquisitions, mergers, and restructurings, resulting in the company’s successful listing on NASDAQ. This milestone made Alpha Technology Group the first AI company from Hong Kong to be listed on NASDAQ, a groundbreaking achievement that speaks to Tsang’s ability to execute complex business transformations.

With his keen market insight and excellent management ability, Tsang has implemented drastic reforms within the company, breathing new life into the enterprise and allowing it to thrive in the capital market. His success is not coincidental but rather the result of his optimistic vision of the technology industry, particularly in the field of AI, and his skill in combining capital with innovation.

On-site at the
On-site at the “18th World Outstanding Chinese Award” ceremony

“The future of AI is about pushing the boundaries. What I’m doing is finding and investing in potential companies that can lead the change,” said Tsang. “I believe that AI can not only change business models but also the way people live. Driving such change is my mission as an investor.”

In recognition of his leadership in both AI and finance, Tsang has previously been awarded the Forbes Distinguished Leader Award and the World Outstanding Chinese Young Entrepreneur Award in 2022. The 18th World Outstanding Chinese Award, presented on 8 September 2024, is a further testament to his remarkable achievements and his ongoing contribution to technological innovation and social progress.

This year, Tsang joins an esteemed group of fellow awardees, including entrepreneurs Mr. Cao Dewang, Ms. Li Xiaolin, Mr. Dennis Lam, renowned director Mr. Zhang Yimou, celebrated actors Mr. Zhang Guoli and Mr. Donnie Yen, and Professor Nancy Yip, President of the Hong Kong University of Science and Technology.

Anthony Tsang received the
Anthony Tsang received the “18th World Outstanding Chinese Award”

Hashtag: #AlphaTechnologyGroupLimited #AnthonyTsang #ATGL #AI #Techlution

The issuer is solely responsible for the content of this announcement.

About Alpha Technology Group Limited

Alpha Technology Group Limited (Nasdaq: ATGL) is a reputable cloud-based IT solution service provider based in Hong Kong. Leveraging analytic and programming skills, AI technologies, and technological know-how, the company provides comprehensive solutions designed to optimize business performance for its customers. The services help clients address a variety of industry-specific operational challenges and create new business opportunities across sectors such as consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale, and distribution.

Through its subsidiaries Techlution and NSL, Alpha Technology Group offers the following services:
  • System Development Services: Development of cloud-based and customized customer relationship management (CRM) systems and enterprise resource planning (ERP) systems, tailored to meet the specific operational and business needs of clients.
  • Web and Mobile Application Development Services: Techlution applies its technological expertise to create applications that assist users with tasks such as drafting, storing information, transferring documents, communication, tracking geographic locations, productivity management, and status reporting.
  • Artificial Intelligence-Powered Optical Character Recognition (AI-OCR) Services: NSL provides self-developed AI-OCR technology to extract printed text and data from documents like invoices, receipts, applications, forms, and identification documents, enabling the digitalization of clients’ business operations.
In addition, Alpha Technology Group offers technological support, maintenance, and NFT-related services, including the creation of NFT artwork, marketplace development, and the creation of NFT-related games for its customers.

Phase III clinical data of AIM Vaccine iterative serum-free rabies vaccine reaches preset goals

It is expected to become the world’s first heavyweight iteration of a major item to be launched on the market


HONG KONG SAR – Media OutReach Newswire – 7 October 2024 – AIM Vaccine announced on the evening of October 6 that the company has received notification from the National Institutes for Food and Drug Control on the serum antibody test results of the phase III clinical trial of the iterative serum-free rabies vaccine. The unblinding and statistical analysis of the phase III clinical trial data have been completed. The results showed that the vaccine had good immunogenicity and safety, and reached the preset clinical goals. At present, no serum-free rabies vaccine has been approved for marketing in the global market, the product is expected to become the world’s first listed iteration of the big single product, becoming a milestone of major technological innovation in the industry.

According to the announcement, the iterative serum-free rabies vaccine has completed the preliminary work for marketing registration, and has undergone process verification in the GMP workshop that meets the marketing scale and quality requirements. The pre-inspection results for drug registration meet the quality standards. The company will submit the application for listing registration of the product as soon as possible.

Completely unlike the existing Vero cell rabies vaccine containing serum and human diploid rabies vaccine containing serum, the iterative serum-free rabies vaccine is an iterative product. Animal serum residues in vaccine products are one of the important factors leading to adverse reactions such as allergies in vaccinated populations, and the iterative serum-free rabies vaccine developed by the Company does not contain animal serum, which significantly improves safety and reduces the probability of adverse reactions.

According to the company’s 2024 interim report, with respect to rabies vaccines in China, the approved lot release volume increased from 58.80 million in 2019 to 78.50 million in 2021, representing an increase of 33.6%. It is expected that the market scale will increase to RMB22.0 billion by 2030. This is mainly Benefit from the iterative upgrade of rabies vaccine products. Meanwhile, the development of serum-free rabies vaccines will also drive market growth. It has adopted the serum-free cell cultivation technology and has more stable compositions and higher safety, and it is expected that the technology will account for approximately 35.0% of the rabies vaccine market in China by 2030.

This year is a year of intensive application for Aimi vaccines. Three heavyweight single-product vaccines, including iterative serum-free rabies vaccine, are accelerating their application for listing. The accelerated launch process of new products is expected to become a new performance growth point for the company.

Hashtag: #AIM

The issuer is solely responsible for the content of this announcement.

Vantage Data Centers Welcomes Jeremy Deutsch as President of APAC

Deutsch joins Vantage from Equinix to drive regional growth amid unprecedented demand for AI and cloud services


HONG KONG SAR- Media OutReach Newswire – 7 October 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that Jeremy Deutsch has joined the company as president, APAC. In his new role, Deutsch will drive Vantage’s regional growth, including strategy, market development, sales, construction and operations. He will report to Jeff Tench, executive vice president, North America and APAC.

Jeremy Deutsch, President, APAC, Vantage Data Centers
Jeremy Deutsch, President, APAC, Vantage Data Centers

Deutsch brings more than 20 years of experience as a leader in the information and communication technology (ICT) industry to Vantage’s executive team. He joins the company from Equinix, a global digital infrastructure company, where he served in a variety of roles over the last 20 years, most recently as president of APAC since 2019. In this role, Deutsch spearheaded the company’s business and growth strategies, aligning with broader global initiatives and driving expansion across APAC, scaling into five new countries over five years while delivering strong core business growth. Previously, Deutsch held positions at leading ICT companies, including Unwired Australia, a SingTel Optus company, and Pihana Pacific before it was acquired by Equinix in 2002.

“As we move into our next phase of AI-fueled growth in the Asia-Pacific region, we are fortunate to welcome Jeremy to our team and look forward to working with him to continue meeting the demands of our customers across APAC,” said Tench. “Jeremy is an industry veteran who brings a breadth of knowledge and expertise that will be critical as we rapidly scale our APAC platform.”

“I am thrilled to join Vantage to lead the company’s fast-growing APAC division,” said Deutsch. “The Vantage APAC platform is poised for explosive growth, and I am excited to have the opportunity to help the team further scale and support customers who need best-in-class sustainable digital infrastructure.”

Well known in the region, Deutsch served as the inaugural chair of the Asia-Pacific Data Centre Association (APDCA), an organization Vantage helped launch in addition to holding a seat on its board of directors.

Vantage’s APAC business has grown significantly over the past two years, driven largely by demand for AI and cloud services, to include eight campuses across the region that are operational or under development. Most recently, Vantage announced that it has broken ground on its developing 256MW Cyberjaya campus, which will be the company’s largest APAC campus to date once complete and its second in Malaysia.

For more information on the company’s campuses in the Asia-Pacific region, please visit: https://vantage-dc.com/data-center-locations/apac/.

Hashtag: #vantagedatacenters

The issuer is solely responsible for the content of this announcement.

About Vantage Data Centers

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

For more information, visit.

Sahm Capital Celebrates Saudi National Day with “Journey of Fun with Sahm!” at Al Othaim Mall


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 6 October 2024 – Sahm Capital transformed Al Othaim Mall into a vibrant hub of celebration and community engagement for Saudi National Day with the “Journey of Fun with Sahm!” event, held at Al Othaim Mall Rabwa, Saffori Land, from September 19 to 25. This week-long celebration fostered community spirit while highlighting the joys of investing.

The festival created a vibrant atmosphere in a designated area of the mall, attracting families and friends eager to join the festivities. With engaging entertainment and exclusive offers, attendees enjoyed a memorable experience marked by neat decorations and enthusiastic staff. Throughout the week, participants engaged in exciting activities, including raffles and exclusive Al Othaim Entertainment vouchers valued at SAR 350. Additionally, to enhance accessibility to the platform, a 70% discount on the Saudi market commission was provided.

While celebrating the excitement of investing, the event emphasized the importance of understanding the associated risks. Participants were encouraged to evaluate their financial circumstances and seek appropriate financial advice, highlighting how informed decision-making can lead to financial growth.

The collaboration between Sahm Capital and Al Othaim Entertainment Co. exemplifies Sahm Capital’s commitment to enriching community experiences through memorable moments. Partnering with Al Othaim Entertainment Co., known for its engaging entertainment offerings, helped create an event that beautifully blended investing with joyful celebration. This partnership provided attendees with a festive atmosphere, highlighting the enjoyable side of investing while subtly reinforcing that Al Othaim Entertainment Co. operates primarily in the entertainment space and does not engage in financial services or endorse specific investment products.

“Partnering with Al Othaim Entertainment Co. has allowed us to create a unique experience that blends entertainment with investment engagement. Together, we are showing that financial growth can be celebrated alongside National Day,” said Hadeel Bdeeri, General Manager at Sahm Capital. This collaboration highlights the strength of both organizations and emphasizes that investing can be part of a joyful community experience.

The “Journey of Fun with Sahm!” event not only celebrated National Day but also increased awareness about investment opportunities within the community. By merging entertainment with financial growth, attendees gained a better understanding of how investing can be both accessible and enjoyable. This successful collaboration emphasizes Sahm Capital’s dedication to making financial independence a reality for everyone, contributing to Saudi Arabia’s Vision 2030. Inspired by this positive reception, Sahm Capital is excited to create more events that blend financial education with enjoyable experiences, ensuring that investing becomes a rewarding part of everyday life.

Hashtag: #SahmCapital #alothaim #العثيم_مول #اليوم_الوطني #سهم_كابيتال





The issuer is solely responsible for the content of this announcement.

About Sahm Capital

Registered in Riyadh, Sahm Capital holds licenses (22251-25) from the Capital Market Authority (CMA) to conduct Dealing, Advising, and Custody services in KSA, making it the first international online brokerage firm to provide online brokerage services in KSA. The company is also a registered member of the Saudi Exchange, as well as its affiliates, the Securities Depository Center Company (Edaa) and the Securities Clearing Center Company (Muqassa). For more information about Sahm, please visit:

HKU’s COSA Osteoporosis Community Screening Program Identifies Over 1,000 High-Risk Seniors from 5,000 Screenings

HONG KONG SAR – Media OutReach Newswire – 6 October 2024 – The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, has successfully launched a large-scale community program this year, utilizing the innovative COSA screening tool to identify over 1,000 individuals at high risk for osteoporosis. This initiative has significantly increased the rate of medical follow-ups among seniors, establishing a model for enhancing bone health within primary care settings.

Professor Cheung Ching-lung, Associate Professor of the Department of Pharmacology and Pharmacy at the LKS Faculty of Medicine, HKU, and Convenor of the COSA Community Screening Programme, alongside officiating guests, co-organizers and programme advisors, officially kicks off World Osteoporosis Day 2024 and the COSA screening for over 1,020 elderly participants.
Professor Cheung Ching-lung, Associate Professor of the Department of Pharmacology and Pharmacy at the LKS Faculty of Medicine, HKU, and Convenor of the COSA Community Screening Programme, alongside officiating guests, co-organizers and programme advisors, officially kicks off World Osteoporosis Day 2024 and the COSA screening for over 1,020 elderly participants.

Senior Health Ambassadors Unite Against Osteoporosis
Osteoporosis is a common bone disease, affecting approximately 30% of women and 8% of men in Hong Kong. However, the condition often goes undetected, with many patients only becoming aware of their diagnosis after experiencing a fragility fracture. Such fractures not only impair mobility but also significantly increase mortality risk. Furthermore, studies indicate that the annual treatment cost for hip fractures in Hong Kong can reach as high as HKD 660 million, highlighting the substantial burden of fragility fractures on patients, caregivers, and the public healthcare system.
To identify individuals at risk for osteoporosis and prevent fragility fractures, The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, has launched a territory-wide COSA Osteoporosis Community Screening Programme. This initiative, in collaboration with over 20 NGOs and mutli-disciplinary medical societies, spans various districts across Hong Kong. It employs the innovative Chinese Osteoporosis Screening Algorithm (COSA), specifically designed for the Chinese population. The programme aims to screen and educate individuals aged 50 and above about the importance of osteoporosis awareness and prevention.

As of August 2024, over 5,000 eligible seniors have completed the screening. The results revealed that nearly 30% (approximately 1,600 seniors) were identified as high-risk individuals who require referrals to doctors for follow-up and dual-energy X-ray absorptiometry (DXA) scans for diagnosis and treatment planning. The screening process also included an awareness survey, which indicated that many seniors have a limited understanding of osteoporosis and underestimate its serious consequences.
Key findings from the awareness survey are as follows:

1. Approximately 80% of respondents were unaware that osteoporosis is a “silent disease”
Most patients do not exhibit any symptoms, yet only a small percentage (24%) of seniors recognized that osteoporosis can be asymptomatic. Many respondents mistakenly believed that knee pain (49%) is a symptom of osteoporosis, potentially leading them to overlook the seriousness of the disease. This lack of knowledge may result in delayed diagnosis and treatment.
2. Only about 20% of seniors had undergone a DXA scan
DXA is the gold standard for diagnosing osteoporosis; however, the survey found that only 22% of respondents had received a DXA examination, and over half had not participated in any osteoporosis-related screenings. This suggests a significant lack of awareness on bone health amongst senior individuals. Furthermore, the low DXA scan rates among seniors, especially when DXA scans are commonly available indicate a significant gap in osteoporosis screening and awareness. This suggests a need for improved education and access to bone health assessments.
3. The “screening followed by referral” model successfully encouraged over half of high-risk individuals to seek medical follow-up
Based on the findings from follow-up with high-risk individuals, approximately 60% consulted public or private doctors, and nearly 40% successfully underwent DXA scans. Of those diagnosed, around 90% were confirmed to have osteoporosis or osteopenia and began receiving treatment. This demonstrates that COSA can effectively identify osteoporosis patients, prompting early medical consultation to prevent fragility fractures. Furthermore, COSA is a hassle-free, publicly available, a risk predictor tool with just 4 questions that can be completed within 1 minute. The tool can effectively identify high risk individuals that needs further diagnosis with DXA scans. Hence, the use of COSA risk predictor tool is also cost-effective whereby DXA scans and resources can be prioritized for high-risk individuals.

Professor Cheung Ching-lung(Left 2), Associate Professor, The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, and Convenor of COSA and three elderly health ambassadors share findings of Community Screening Program.
Professor Cheung Ching-lung(Left 2), Associate Professor, The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, and Convenor of COSA and three elderly health ambassadors share findings of Community Screening Program.

Professor Cheung Ching-lung, Associate Professor, The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, and Convenor of the COSA Osteoporosis Community Screening Programme, stated, “The survey highlights a critical lack of awareness about osteoporosis among seniors in Hong Kong. Very few individuals undergo regular bone density testing. Osteoporosis is a condition that can be prevented, diagnosed, and treated. Early risk assessments are essential for preventing and managing the disease, increasing bone density, and reducing the risk of fractures.” He further noted that international studies have shown that employing risk assessment tools in primary care settings for seniors is both cost-effective and significantly reduces the incidence of fractures and associated treatment costs, ultimately benefiting society as a whole.
A Three-Pronged Approach to Osteoporosis Prevention
To effectively tackle the threat of osteoporosis, over 20 experts from various medical societies and NGOs convened for a cross-sector meeting in June 2024. Professor Cheung Ching-lung noted that the expert group acknowledged the necessity of a three-pronged approach to successfully prevent osteoporosis:
1. Public Education: Educating the community, especially senior individuals, about fragility fractures and osteoporosis, including its implications, prevention, treatment and long-term care required for the disease.
2. Proactive Screening: Widely utilizing the COSA risk predication tool by incorporating COSA risk prediction tool as part of routine service in healthcare touchpoints such as elderly centers, district health centers and community pharmacists to identify high-risk individuals. High risk individuals can later on be referred for diagnosis with DXA scans. Utilize healthcare vouchers issued by the Department of Health for seniors can be used to as a co-payment DXA scans to encourage senior individuals to undergo osteoporosis screening.
3. Appropriate Treatment: Strengthening the roles of elderly centers, community health centers and pharmacies in ensuring a long-term care of osteoporosis elderlies. Enhance training for family doctors in managing osteoporosis, and establishing a “co-payment model” to reduce financial burden of patients to seek private healthcare services for timely treatment whilst preventing fragility fractures which subsequently resulting in broader financial and disability burden.
In response to World Osteoporosis Day on October 20, representatives from the HKSAR Government, healthcare community, and NGOs, along with nearly a hundred volunteers, gathered at Tuen Mun Ching Chung Koon to conduct a large-scale community screening today (October 6). This event screened over 1,020 local seniors aged 60 and above (symbolizing October 20) using COSA to raise community and citywide awareness of osteoporosis.

Hashtag: #TheUniversityofHongKong #COSA #ChineseOsteoporosisScreeningAlgorithm #COSAOsteoporosisCommunityScreeningProgram #Osteoporosis #HKUTheDepartmentofPharmacologyandPharmacy #ProfessorCheungChing-lung #WorldOsteoporosisDay

The issuer is solely responsible for the content of this announcement.

About the Chinese Osteoporosis Screening Algorithm (COSA)

The Chinese Osteoporosis Screening Algorithm (COSA) is a risk prediction tool developed by The Department of Pharmacology and Pharmacy, LKS Faculty of Medicine, The University of Hong Kong, specifically tailored for the Chinese population. Unlike previous risk prediction tools, such as FRAX and OSTA, which have demonstrated biases due to ethnic differences, COSA offers greater accuracy for Chinese demographics. This algorithm assesses an individual’s risk of developing osteoporosis by posing four straightforward questions related to gender, weight, age, and fracture history, achieving an accuracy rate between 74% and 94%.

GWM Owners Shines at Alxa Hero Festival, Igniting Global Off-Road Passion


BAODING, CHINA – Media OutReach Newswire – 5 October 2024 – On October 1st, Great Wall Motor (GWM) and tens of thousands of its owners set the Alxa Desert ablaze with the grandeur of the “Hero Festival.” Featuring the TANK series, GWM POER Series, and the newly launched 2nd generation GWM HAVAL H9, GWM united off-road enthusiasts from around the world for an exhilarating celebration of off-road culture in the vast Alxa desert.

GWM Owners Shines at Alxa Hero Festival, Igniting Global Off-Road Passion
GWM Owners Shines at Alxa Hero Festival, Igniting Global Off-Road Passion

Dream Big : GWM Owners From Sand to the World.
The Alxa Hero Festival, has grown from a small group of off-road gathering 19 years ago, to one of the largest global off-road events, attracting over a million participants since 2018, thanks to the shared passion for off-road and freedom. For years GWM off-road vehicle owners like classic 1st Gen GWM HAVAL H5 and 1st Gen GWM HAVAL H9 literally have made the off-road so popular and accessible in China, and now in the world. So this year’s event, GWM decided to make it bigger and global. GWM invested heavily to serve estimated over 100,000 GWM owners during the course of event at its exclusively-built GWM zone in the premise, and showcase its class-leading off-road family—the recently launched 2nd generation GWM HAVAL H9, TANK 500 Hi4-T, TANK 400 Hi4-T, TANK 300, GWM SAHAR POER, and 2.4 litre turbo diesel POER—provided thrilling desert test drives tailored to different skill levels, from amateur to professional. These experiences, which included conquering dunes and navigating steep slopes, showcased GWM’s leadership and innovation in off-road performance, intelligent technology, and customization culture.

In the iconic T3 track at the Dream Park of Alxa, a thousand TANK vehicles gathered, creating a stunning spectacle of off-road power. For GWM’s international customers, participating in this off-road event in the birthplace of their vehicles felt like a homecoming to the “spiritual homeland of off-roading.”

A standout attraction at this year’s festival was the Modified Vehicle Challenge, with over 108 participants competing in the Dream Desert Park. Off-road vehicle customization transcends cultures and regions, finding fertile ground in markets such as the Middle East, ASEAN, Oceania, and the Americas. One international TANK owner shared, “Off-road customization is a big part of the culture in the Middle East, but it’s usually dominated by some big names. The scale and professionalism here are exceptional—GWM truly represents Chinese off-roading.” Before the race, a fleet of modified TANK 330 vehicles put on a spectacular parade performance, thrilling the crowd.

A Cultural Feast: Industry, Customers, Media, and Dealers Come Together
At the grand brand gala and user conference, GWM demonstrated its commitment to cross-cultural engagement as part of its “Four New Globalizations” strategy. “This event, celebrating ‘Chinese Off-Roading, Global GWM,’ perfectly embodies our vision of cross-cultural brand integration,” said a GWM representative.

Participants from around the world enjoyed a range of cultural activities, from traditional heritage to modern lifestyle, including Mongolian archery, traditional tea ceremonies, Starbow Rally Music Festival and even IBF boxing games. As the night closed around the bonfire, GWM international guests shared songs from their homelands, immersing themselves in the warmth and inclusiveness of Chinese culture.

The 2024 Alxa Hero Festival was a celebration of GWM’s passion for off-roading, innovation, and global expansion. From technical breakthroughs to unforgettable user experiences, GWM continues to push the boundaries of technology and market potential, delivering excitement and challenges to off-road enthusiasts worldwide.
Hashtag: #GWM

The issuer is solely responsible for the content of this announcement.

World Green Economy Summit 2024 Hosts a High-Level Ministerial Roundtable


DUBAI, UAE – EQS Newswire – 4 October 2024 – The 10th World Green Economy Summit (www.WorldGreenEconomy.org) hosted a high-level roundtable that featured HE Surangel Whipps Jr, President of Palau; HE Dr Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment; HH Abdulla Balalaa, Assistant Minister for Energy and Sustainable Affairs at the UAE Ministry of Foreign Affairs; Dr Mahmoud Fathallah, Director of the Department of Environmental Affairs and Meteorology, and Head of the Technical Secretariat of the Council of Arab Ministers. Representatives from the UN Framework Convention on Climate Change also participated, along with ambassadors and delegates from the 86 member states of the Global Alliance on Green Economy (GAGE).

World Green Economy Summit 2024 Hosts a High-Level Ministerial Roundtable

In his opening speech, HE Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organization, welcomed the participants and expressed his gratitude for their active participation. He emphasised that the gathering aligns with the visionary leadership of HH Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which aims to advance the green economy, tackle global climate change and limit global warming.

“The 10th edition of the World Green Economy Summit, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, offers a unique opportunity to build momentum toward COP29 to be held in Baku, Azerbaijan. Our discussions today will help shape the global agenda and advance progress in the green economy and climate action. We are confident that international co-operation is essential to success, and the Global Alliance on Green Economy (GAGE) serves as a vital tool in fostering cross-border partnerships and collaboration across various sectors. Today’s meeting marks a pivotal moment for the future of our planet and a crucial step in our efforts to explore new pathways towards a green economy, which stands as a cornerstone of sustainability and a key driver of prosperity and development worldwide. I eagerly anticipate hearing your valuable insights and experiences, and I look forward to working together to develop innovative, actionable solutions that will help us achieve our shared climate goals and ambitions,” added Al Tayer.

The ministerial session featured critical discussions on the role of the green economy in achieving the objectives of the historic UAE Consensus, achieved during COP28, which aims to accelerate the transition to renewable energy and improve energy efficiency. The session produced several key outcomes, most notably the adoption of the development of national green economy strategies for member states, reinforced commitments to align Nationally Determined Contributions (NDCs) and National Adaptation Plans (NAPs) with the Paris Agreement, co-operation on advancing climate finance initiatives, and exploring the circular economy’s role in promoting sustainable development. Participants also emphasised the need to establish strong foundations for international collaboration in finance, technology and capacity-building to achieve shared global goals.

Hashtag: #WorldGreenEconomySummit

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How to improve as a trader: three tips from a global broker Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 October 2024 – Trading in the financial markets offers a valuable opportunity for supplementary income. Still, there is a caveat: the learning curve can be steep for new traders, which, combined with high ambitions, can result in a frustrating experience. Octa, a global broker with more than 13 years in the markets, offers some time-proven tips for traders on how to start strong and remain on track towards personal financial goals.

Octa

Automatism as a key to success

In trading, there is always a struggle between long-term ambitions and immediate needs. What is easily overlooked in a trading journey is how crucial it is to approach it step-by-step, aiming for automatism and consistency. Excited by the prospect of fast gains, many emerging traders neglect to follow the progressive learning process and dive in head first, risking large parts of their capital in a single trade.

Hastiness and greed in trading often result in bad outcomes, with many new traders quitting within a month. With that in mind, incremental knowledge acquisition and persistent skill development are paramount for trading success and should never be neglected.

Calculating the correct position size, executing plans based on predefined strategies, and marking support and resistance levels to spot an entry point are second nature for successful traders. They don’t waste any mental energy to perform all these routine actions, having formed a set of habits that help them reduce cognitive load. Octa’s experts suggest applying a step-by-step approach to achieve this automatism: new traders should master one element of trading before starting with the next.

Sometimes less is more

Octa‘s internal survey showed that traders tend to break down information into smaller parts when reading or watching educational content. They opt for five- to six-minute daily study sessions instead of time-consuming and committing deep dives. This preference is natural: knowledge can be acquired much more efficiently if broken down into manageable blocks.

Smaller chunks of information are more accessible to repeat and memorise, which helps speed up the required skill automation process and reduce cognitive load. This principle works especially well in Forex, which otherwise can be confusing for beginners due to differences between currency pairs and more familiar traditional assets.

As a client-oriented broker with extensive experience, Octa constantly adjusts its products and services to meet traders’ ever-evolving requirements. After analysing the internal survey results, the broker’s experts fine-tuned their approach to creating educational materials. Offered in less time-consuming and more intensive blocks, Octa’s trading guides allow new and seasoned traders to increase their expertise in small steps and trade with confidence.

Details matter

The principle of incremental minor improvements is also at work when calculating outcomes. For example, many new traders underestimate the impact of trading conditions on their results. However, the difference in spreads, for one, can make or break a successful trading session. Since spreads are imposed on a per-trade basis and do not depend on the order amount, trading with lower spreads becomes more important as the number of trades per session increases. For daily traders who place up to hundreds of trades per session, 0.1 pip of difference in spreads can amount to dozens of U.S. dollars deducted from their account balance at the end of the day.

Octa offers its clients some of the lowest spreads on the market, providing optimal conditions for profitable trading. With zero commissions, no swaps, leverage options up to 1:1000, and transparent and quick deposits and withdrawals, the broker has more than 300 tradable assets available. A wide variety of tutorials for any level of expertise ensures that traders have all the tools at their disposal for informed and deliberate decision-making. This well-rounded approach allows Octa to foster a trading environment that drives consistent growth and propels traders towards their financial goals.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.