December 2023 - Page 25 of 26

Florida Heiress’ Lavish Paris Wedding Raises Eyebrows

2Dec

By Webmaster IKON MalaysiaNo Comments

Lifestyle

Florida Heiress’ Lavish Paris Wedding Raises Eyebrows

Credit: Instagram The opulent wedding of 26-year-old Madelaine Brockway and her partner Jacob LaGrone has ignited a social media storm, with their extravagant celebrations in Paris making headlines as the 'wedding of the century'. The event, reportedly costing a staggering $59 million, captivated viewers with its luxury and grandeur. Brockway, the heiress of a South Florida car dealership fortune, tied the knot with LaGrone on November 18 in a ceremony that garnered widespread attention for its lavishness. Videos from the event showcased exclusive performances by Maroon 5 and an indulgent stay at the Palace of Versailles, where guests were flown in on private jets. While the internet buzzes with details of the extravagant affair, curiosity around Brockway's background soared. Acc...

GOVT ALLOCATES RM30 MILLION IN INCENTIVES FOR IMPLEMENTATION OF POGRESSIVE WAGE POLICY

2Dec

By Webmaster IKON MalaysiaNo Comments

News

GOVT ALLOCATES RM30 MILLION IN INCENTIVES FOR IMPLEMENTATION OF POGRESSIVE WAGE POLICY

The government has allocated a sum of RM30 million in cash incentives in the wage policy pilot project, slated to begin in June next year, involving the participation of 1,000 companies, including micro, small, and medium enterprise (MSMEs). Minister of Economy Rafizi Ramli said the cash incentives would be provided based on rates and employee groups at the entry-level and non-entry level. “For the entry-level group, companies are eligible to receive the incentive at a fixed rate of up to RM200 per month for 12 months, if the company pays wages at the same rate or exceeding the proposed annual wage increase guideline. “For the non-entry level group, companies are eligible to receive the incentive at a fixed rate of up to RM300 per month for 12 months if the company provides a...

PM ANWAR HINTS OF CABINET RESHUFFLE HAPPENING THIS MONTH

2Dec

By Webmaster IKON MalaysiaNo Comments

Politics

PM ANWAR HINTS OF CABINET RESHUFFLE HAPPENING THIS MONTH

Prime Minister Datuk Seri Anwar Ibrahim yesterday hinted that there will be a Cabinet reshuffle this month. As if he didn't hear the question asked by a reporter when met after performing Friday prayers at Surau Putra Al-Amin in Precinct 18 today, Anwar jokingly asked a young congregant, a 12-year- old Akmal Afif Yaseer Arafat, to repeat the question. The boy obliged and asked: "Datuk Seri, when is the Cabinet reshuffle?" To that, Anwar replied: "When do you propose, before or after (New Year) 2024?" When the boy said "before 2024", Anwar smiled and told the waiting reporters: "He said before 2024. I agree." Earlier, Anwar joined 2,000 congregants including the Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar in performing Frid...

Govt Assures Data Protection, Cyber Security Always Under Control

2Dec

By Webmaster IKON MalaysiaNo Comments

News

Govt Assures Data Protection, Cyber Security Always Under Control

Minister of Communication and Digital Fahmi Fadzil today assured that personal data protection and cyber security will always be under control in the implementation of the National Digital Identity or Digital ID programme. He said the public need not worry about the implementation of Digital ID as it does not require recording of biometric identifiers, such as fingerprints, as well as facial recognition, and iris scans of users. Fahmi said the registration for Digital ID is also easy, requiring only the user's MyKad and fingerprint scanning for verification, similar to the procedures for banking transactions in banks. Users only need to download the 'MyDigital ID' app, scan the QR code and their MyDigital ID will be created on their mobile phones. "So, there is no need to ...

COP28: Malaysia Hopes For TOgetherness in Addressing Climate Change

2Dec

By Webmaster IKON MalaysiaNo Comments

News

COP28: Malaysia Hopes For TOgetherness in Addressing Climate Change

Malaysia hope to see countries coming together with ambitious and concrete commitments to address climate change during the 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC), here. Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad said through innovative solutions, sustainable practices, and collaborative initiatives, our nation will proudly showcase its role as a regional leader in addressing climate challenges at the Malaysia Pavilion. "There must be a sense of urgency and a willingness to work together. "As we navigate the complexities of climate negotiations, let us be mindful that our decisions today shape the world that our future generations will inherit," he said during the launchin...

Riyadh Secures Bid to Host World Expo 2030, Amidst Criticisms and Celebrations

1Dec

By Webmaster IKON MalaysiaNo Comments

Business

Riyadh Secures Bid to Host World Expo 2030, Amidst Criticisms and Celebrations

FILE PHOTO: A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. REUTERS/Gonzalo Fuentes/File Photo In a significant victory for Saudi Arabia, Riyadh has been chosen to host the Expo 2030 world’s fair, surpassing contenders South Korea’s Busan and Italy’s Rome for the prestigious event, announced by the Paris-based Bureau International des Expositions (BIE). Amidst the competition, Riyadh emerged victoriously with 119 votes, while Busan received 29 and Rome 17 from a total of 182 BIE members. The win in the first round required Saudi Arabia to secure two-thirds of the vote...

Saudi’s PIF Acquires 10% Stake in Heathrow Airport

1Dec

By Webmaster IKON MalaysiaNo Comments

Business

Saudi’s PIF Acquires 10% Stake in Heathrow Airport

Saudi Arabia's Public Investment Fund (PIF) has finalized an agreement to acquire a 10% share in Heathrow airport from Ferrovial, a Spanish infrastructure company. Concurrently, France-based private equity fund Ardian will purchase an additional 15% stake in FGP Topco, the airport's parent company. Ferrovial, an investor in Heathrow since 2006, confirmed the transaction's value at £2.37 billion ($3 billion). However, the deal's completion is contingent upon regulatory approvals. This acquisition marks Ferrovial's divestment from the UK airports' operator, with its initial ownership of 56% in 2006 eventually reducing to 25% by 2013. Notably, other stakeholders in FGP Topco encompass Qatar Investment Authority, Caisse de dépôt et placement du Québec, Singapore's GIC, Australian Re...

Kingdom Holding Bolsters Citigroup Stake with $450 Million Investment from Saudi Prince Alwaleed

1Dec

By Webmaster IKON MalaysiaNo Comments

Business

Kingdom Holding Bolsters Citigroup Stake with $450 Million Investment from Saudi Prince Alwaleed

Kingdom Holding Co, an investment firm linked to Prince Alwaleed Bin Talal, has increased its ownership in Citigroup Inc to 2.2% by acquiring a $450 million stake from the Saudi billionaire. The previous stake held by Kingdom in the Wall Street firm was 1.63%, as revealed in a Saudi stock market disclosure on Wednesday. Further details regarding the transaction were not provided in the filing. Known for his significant investments in companies like Citigroup and Apple, Alwaleed has been a prominent Saudi investor. He has actively supported the modernization initiatives led by Crown Prince Mohammed bin Salman, including advocating for women’s right to drive. Alwaleed's relationship with Citigroup dates back to 1991 when he became the bank’s largest shareholder after investing...