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Motiwala cultivates an untapped digital gold market in Southeast Asia

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Ever since the outbreak of Covid-19, investors worldwide have turned to transfer part of their assets into gold investment to avoid market uncertainties and take advantage of gold’s reliable store of value. Investors have always cited gold as a safe haven when market uncertainties intensify, and the events in 2020 further confirmed the established correlation between gold and market risk levels.

Since January 2020, the gold price has zipped up 25% by the end of the year, even hitting a record high of over $2,000 per ounce at one point for the first time in history.

Along with the growth of demand for gold-related investments, supply grows too. A Dubai-based precious metal supplier known as Motiwala caught sight of the growth in demand and is determined to make use of this opportunity to become a world leader in the precious metal industry.

How Motiwala accumulated sand grain into mountain

Motiwala Jewellers LLC is a certified precious metal refinery, gold processor, bullion manufacturer, and precious metal supplier based in Dubai. Renowned for its complete and diversified rare metal business network, Motiwala Jewellers is one of the top 5 gold merchants globally and one of the largest refineries in the Middle East region.

But Rome wasn’t built in a day. It takes a lot of passion and hard work to build such a spectacular precious metal empire. Its founder, Iqbal Bhai from Pakistan, founded Motiwala 40 years ago and has been in the gold industry since then. He started as a gold and jewellery wholesaler in his home country and later found success when he filed a patent for the international gold market fair in Dubai after discovering its undeveloped gold market.

Through several decades of development, Motiwala Jewellers established subsidiary companies to further diversify the range of services it provides and as an effort to complete its supply chain. It is now the holding company of Motiwala Gold Trading, Motiwala Gold & Precious Stone Industry, Motiwala Gold & Metal Laboratory, Shaheen Exchange.

Since then, the company’s businesses have expanded to cover gold mining, processing, jewellery design, jewellery retail stores, physical gold trading, gold and metal laboratories, precious stones & diamond retail stores, and currency exchange.

With its refinery and an ISO 17025 certified in-house laboratory, Motiwala can produce gold bullion at the finest quality and allow investors to purchase gold bars ranging from 1 gram to 100 grams in size at a competitive price in its physical stores, thus allowing all investors to start investing in gold regardless of their capital size.

Southeast Asia has a bright future as a digital gold haven

The gold market in Asia, Southeast Asia in particular, are underdeveloped, but experts are confident that Southeast Asia has a bright future as a digital gold haven in the near future as Southeast Asia has one of the fastest rates of digital payment adoption and more than 400 million internet users. The strong tech foundations were laid by the appealing regulatory landscape and strong government support that has escalated the growth of innovation and healthy competition in this region.

In response to the year-long pandemic crisis, part of the gold and jewellery retailers in Asia are moving their retail businesses onto the internet to reach online consumers and combat the highly contagious virus simultaneously. With robust governance and regulations, digital gold has been gaining much traction in the Southeast Asia market.

Tapping into Southeast Asia’s growing digital gold landscape

Envisioned to become the world leader for dealers and traders from across the globe and to achieve sustainable quality growth, Motiwala co-founded Moti Investment Capital (MIC) in 2018 to expand its global presence in the capital trading sector. The establishment of MIC will enable investors to achieve low-risk, sustainable returns using Motiwala’s unique set of the gold supply chain.

As the first step to globalize its operation, Motiwala has tapped into Southeast Asian countries, providing a wide array of services to the new countries, including asset management, physical gold trading and more. With Motiwala’s supply chain and diverse line of services, it will allow investors to purchase physical gold even if the investors are located outside of Dubai.

In 2018, member countries in the Association of Southeast Asian Nations (ASEAN) had consumed 309 tonnes of gold, making Southeast Asia the third-largest market for gold in the world. With the combination of rapid digital adoption, the cultural importance of gold in the region, and low expansion costs, it makes Southeast Asia an ideal region as the first step in Motiwala’s globalization.

MOTIWALA announces partnership with BIS

Motiwala has recently announced its partnership with BIS to expand its global presence. BIS Holding is the first of its kind asset management firm to provide unique investment opportunities for investors, allowing clients to have the privilege to participate in the markets like a real corporate level liquidity provider.

“We are excited to partner with BIS,” said Iqbal Bhai, Founder of Motiwala group. “Through this strategic partnership, Motiwala and BIS can form a clear win-win relationship to provide more value to your existing customers. It would also bolster the long-term partnership between Motiwala and BIS as both firms continue to seek opportunities to achieve business expansion.”

Anita Brook

Motiwala Jewellers LLC

Dubai, United Arab Emirates

info@motiwala-uae.com

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CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting

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CloudBasedBackup, a Luxembourg-based managed Nextcloud hosting provider, has launched annual subscription plans with 50% off for the first year, bringing its 500 GB plan to just €2.45 per month. The offering positions Nextcloud as a full alternative to Google Workspace or Office 365, combining secure file storage, collaboration tools, and workflow automation in one privacy-first workspace. The launch discount is available at cloudbasedbackup.com/en/pricing.

Luxembourg, 6th May 2026 – CloudBasedBackup, the managed Nextcloud hosting provider built for privacy-focused teams and individuals, today announced the launch of its new annual plans. The provider will surprise customers by offering 50% off for the first year on yearly subscriptions, thus bringing its popular 500 GB plan to only €2.45 per month for the first year.

With data privacy and control becoming a top priority for organizations across Europe and beyond, CloudBasedBackup positions its managed Nextcloud offering as a secure, flexible cloud solution that combines storage, collaboration, and productivity in one place.

“Nextcloud is often thought of as cloud storage, but it’s much more than that,” said a spokesperson for CloudBasedBackup. “Our managed Nextclouds include a wide range of apps and collaboration features that can fully replace the day-to-day functionality many teams rely on from Office 365 or Google Workspace, while keeping control of data and reducing vendor lock-in.”

CloudBasedBackup’s managed Nextcloud hosting is designed to make it easy to deploy and maintain a powerful cloud workspace without the administrative overhead. Alongside secure file storage and sharing, customers can enable apps for collaboration and productivity, including tools that support document work, communication, and workflow automation.

The 50% discount applies to annual plans for the first year, including the 500 GB plan at €2.45/month (first year). Customers can view plans and secure a subscription at: https://cloudbasedbackup.com/en/pricing

About CloudBasedBackup
CloudBasedBackup provides managed Nextcloud hosting for organizations and individuals who want a secure, privacy-first cloud solution with automatic backups, collaboration tools, and simple administration. The platform helps customers consolidate storage and productivity workflows into a single flexible workspace without compromising data control.

Media Contact

Organization: CloudBased Backup

Contact Person: Marc Schiwek

Website: https://cloudbasedbackup.com/en

Email: Send Email

Country:Luxembourg

Release id:44376

The post CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System

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United States, 6th May 2026 — Outta PHX Print Shop, a leading production facility for DTF transfers and custom apparel in Arizona, has installed a new industrial five-printhead Direct-to-Film (DTF) printing system—significantly increasing output capacity and reducing turnaround times for high-volume orders.

This latest investment allows the North Phoenix-based print shop to double its production capacity while maintaining consistent, high-quality results across all orders. The new system supports large-format DTF printing up to 24 inches wide and improves efficiency across gang sheet production, bulk apparel orders, and same-day service requests.

With the upgraded system, production times have been reduced by approximately 50%, enabling faster fulfillment for local Phoenix clients and nationwide customers ordering through Outta PHX’s online platform.

“This isn’t just an upgrade—it’s a shift in how fast we can deliver at scale,” said Bashar Dababneh, Owner of Outta PHX Print Shop. “We built our reputation on quality, and now we’re matching that with speed and capacity that most local shops simply can’t compete with.”

The expanded production capabilities position Outta PHX Print Shop as a go-to provider for:

The company continues to serve a wide range of clients, including local businesses, clothing brands, schools, sports teams, and promotional product distributors, while also supporting nationwide shipping for custom orders.

About Outta PHX Print Shop

Outta PHX Print Shop specializes in Direct-to-Film (DTF) transfers, DTF gang sheets, UV printing, Sublimation and premium custom apparel production. Based in North Phoenix, Arizona, the company offers fast local pickup and reliable nationwide shipping through its e-commerce platform.

Media Contact

Organization: Outta PHX Print Shop

Contact Person: Brian

Website: https://outtaphx.com

Email: Send Email

Contact Number: +16027023480

Address:420 E Bell Rd, Suite #7 Phoenix, AZ 85022

Country:United States

Release id:44755

The post Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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$300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline

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Los Angeles, United States, 6th May 2026  TM Group, led by founder Temirlan Tokobekov, announced plans for a major real estate development in Downtown Los Angeles with a total projected investment exceeding $300 million. The project marks a strategic step in the company’s expansion into the United States and reflects its ambition to deliver high-impact developments in globally competitive urban markets.

The development will feature an iconic 55+ story condominium tower, designed to redefine the city’s skyline and establish a new benchmark for high-rise residential living. As demand for premium condominium residences continues to rise in major metropolitan areas, the project is positioned to meet evolving buyer expectations by combining location, design, and functionality into a single integrated offering.

Located at 613 S Grand Ave, the tower is planned to include 300+ condominium residences, complemented by ground-floor commercial space and a curated selection of high-end amenities. These are expected to include wellness and fitness facilities, premium resident services, and lifestyle-oriented spaces designed to enhance the overall residential experience.

The project is conceived as a fully integrated mixed-use environment, bringing together residential, commercial, and lifestyle components to create a dynamic urban destination. Its central location provides direct access to key business districts, cultural institutions, transportation networks, and entertainment hubs, positioning the development to attract both local and international buyers.

The architectural vision emphasizes modern design, efficient use of vertical space, and advanced engineering systems. Sustainability will also play a central role, with environmentally responsible building practices and energy-efficient technologies aligned with current standards and market expectations. The development aims to deliver long-term value while establishing a distinctive presence in the Downtown Los Angeles skyline.

“We don’t follow the market — we shape it. Los Angeles is the next step,” said Temirlan Tokobekov, Founder of TM Group.

The project is currently in the pre-development phase, including architectural planning, feasibility analysis, financial structuring, and coordination with city authorities and consultants. As the development progresses through entitlement and approval stages, additional updates are expected, including design unveilings and project timelines.

Upon completion, the project is expected to generate significant economic impact, including job creation, increased investment activity, and enhanced urban infrastructure. The development is positioned to become a key addition to the evolving landscape of Downtown Los Angeles.

About TM Group

TM Group is a real estate development and investment company focused on large-scale residential and mixed-use projects, delivering high-quality developments across international markets.

Media Contact

Organization: TM Group

Contact Person: Tim

Website: https://tmgroup-ca.com

Email: Send Email

City: Los Angeles

Country:United States

Release id:44754

The post $300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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