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Indian Manufacturer Saud Gloves Expands Global Reach with New International Supply Plan

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Saud Gloves, an Indian manufacturer, announces plans to start exporting its products on an international scale

Kolkata, India–(Newsfile Corp. – January 13, 2023) – An Indian manufacturer of exclusive gloves known as Saud Gloves is pleased to announce the new initiative of exporting its products on an international scale, as it is one of the significant manufacturers of quality gloves in the country.

Saud Gloves

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With the new development of expansion, the company led by managing director Saud Khan has set high goals including making the company’s processes more sustainable.

The step of expansion will cater all the supply needs of gloves on a global scale. The company is set to produce over one million pairs of gloves annually and control the entire production process, from sourcing materials to handcrafting some models, to ensure a high level of quality.

Due to the recent development, company has hired new workforce that is more skilled, and possess experience in industrial glove production. Kolkata is a major center for the industry in India, with the region accounting for over 90% of domestic exports. The Indian industrial glove production industry is estimated to produce around 150 million pairs per year, and the global expansion of Saud Gloves will flourish the business widely.

Furthermore, the expansion will supply the variety of welding gloves, Canadian gloves, rigger gloves, and driver gloves, among others. Kolkata, the hub of the industry, houses the company’s state-of-the-art factory that makes the gloves. Most of the models are handcrafted by India’s most experienced glove makers. In Kolkata, the company employs approximately 50 people and produces millions of gloves every year.

In the Middle East, Europe, and Asia, it is currently discussing the supply of gloves to retailers and distributors there for convenient shipment. Each glove that leaves the factory meets the specified standards to its rulebook and to satisfy the clients.

Saud Gloves strives to facilitates its international clients with safe, industrial gloves, medical gloves, sports & leisure gloves, and sports & leisure gloves at a variety of price points to protect hands from harmful chemicals or getting cut in processes. Additionally, they provide customized gloves for various industries such as automobile, aviation, construction equipment manufacturing, and others. Saud Gloves Managing Director Saud expressed his views by stating about the expansion,

“Saud Gloves is committed to providing its international customers with exceptional service and support, including timely delivery and competitive pricing.” He further added, “Any questions about our products can be answered by our dedicated staff.”

Consequently, the company adheres to a philosophy of only using sustainable processes and is certified to ISO 45001: 2018. The company thrives to turn the company into the foremost glove manufacturer in the world.

About the company

The Saud Gloves manufacturer has been producing quality leather safety gloves for several years. Their mission is to develop the right protective glove for their customers while maintaining agreed upon quality and price points. They offer gloves suited for agriculture, construction, manufacturing, and more. Also, the company has planned to give 30% of profit share to trust.

Potential clients can reach to the Saud Gloves on the following link: https://saudgloves.com/.

Media Contacts:
Contact Person: Saud Khan
Company Name: Saud Gloves
Website: https://saudgloves.com/
Address: 55B, Mirza Ghalib St, Taltala, 6th floor, Room-606,607 Kolkata, West Bengal 700016
Phone: +1 800-309-9811
Email: [email protected] / [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151010

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics

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Phoenix Group PLC, the GCC region’s first listed blockchain and tech conglomerate, is thrilled to announce its strategic partnership with BHM Capital, a leading liquidity provider. This partnership will boost liquidity for Phoenix shares on the Abu Dhabi Securities Exchange (ADX), thereby enhancing trading volumes and bolstering investor trust.
Phoenix Group’s partnership with BHM Capital which serves as liquidity provider to Phoenix Group’s shares (PHX) reinforces its commitment to optimizing share trading on the ADX. This strategic alliance not only aims to increase trading volumes and stabilize prices but also enhances investor value.
As a liquidity provider, BHM Capital plays a crucial dual role, strengthening market stability and improving the order book. The commitment to providing liquidity for Phoenix Group’s shares is designed to ensure more consistent pricing and increase overall trading liquidity on the ADX, making transactions smoother across various price levels.
Seyed Mohammad Alizadehfard, Co-Founder and Group CEO of Phoenix Group, commented: “Our partnership with BHM Capital represents a crucial step in strengthening the liquidity and stability of our shares on the ADX. It does not only enhance our market position but also provides our investors with more robust trading options. We are fully committed to leveraging this collaboration to deliver substantial value to our shareholders.”
Abdel Hadi Al Sa’di, the CEO of BHM Capital, stated: “This move will enhance the company’s position in the Abu Dhabi Securities Exchange, stabilize the price movements of its traded shares, and enable investors to diversify their investment portfolios, taking advantage of opportunities in financial markets.”
Phoenix Group expects that the partnership with BHM Capital will significantly drive up trading activity and elevate demand for its shares on the ADX, fostering a more vibrant market presence. With a specific focus on boosting trading volume and the value of PHX shares, Phoenix Group is confident that this engagement will have a positive impact on the company’s performance in the coming months.

The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.

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Blockchain

Alpha Transform Holdings Releases March Report on ASC AI Index

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Blockchain

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

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In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.

Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.

Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.

Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.

Source: blockchain.news

The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.

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