World News Media Limited was established in 2004 and trades from London, UK. It is the publisher of ''World Finance'' magazine which is tied to the marketing of numerous

vanity award A vanity award is an award in which the recipient purchases the award and/or marketing services to give the false appearance of a legitimate honor. Pitches for '' Who's Who''-type publications (see vanity press), biographies or nominations for awar ...

s under the name of the World Finance Awards. It also publishes ''The New Economy''.

History and financials

The company was established in July 2004.World News Media Limited.
Companies House. Retrieved 4 July 2020. Its registered office is on Judd Street, London, and its main corporate office is at 40 Compton Street, London. The director and principal shareholder is Howard Angel. As at 31 August 2019, the company had net shareholder's funds of £76,193 (2018, negative £37,061). It has issued and paid-up share capital of £100.

Magazines

World Finance branded Goodge Street News

The company publishes the magazines ''World Finance'' and ''The New Economy'', bi-monthly or less frequently, in print and electronically free of charge by

Issuu Issuu, Inc. (pronounced "issue") is a Danish-founded American electronic publishing platform based in Palo Alto, California, United States. Founded in 2004 as a Danish startup, the company moved its headquarters to the United States in 2013. ...

along with iPad and Android editions. The magazines feature in-house produced copy plus topical non-exclusive agency-produced articles. Approx four editorials per issue are credited to Project Syndicate. Features, profile award winners and sponsored supplements are produced such as ''Project Finance Deals of the Year - 2015'', ''Banking in Nigeria'', and ''Sustainable Development in Morocco''.Supplements.
''World Finance''. Retrieved 23 August 2017. ''Business Destinations'' and ''European CEO'' are published by associated company Tower Business Media Limited on a similar basis and have their own set of awards.

World Finance Awards

As of 2021, the company provided awards in 13 different categories from banking to pension funds under the name of the World Finance Awards, which started in 2007. Tim Hunter, writing in ''Stuff'' in 2014, commented, "Each award category has a winner for each country represented and in one single category there were 69 winners from countries including Angola to Vietnam and Pakistan to Peru. In the banking category there were more than 200 winners."Archived here.
/ref> The company's awards have since been extended to include

Islamic finance Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economic ...

. In January 2017, the consumer watchdog of Botswana was threatened with a legal action for defamation by World News Media for questioning the criteria by which various banks in Botswana had been given a World Finance Award in 2012.

Selected winners

* In 2012,

Sampath Bank Sampath Bank PLC ( si, සම්පත් බැංකුව, sampat bæṁkuva) is a licensed commercial bank incorporated in Sri Lanka in 1987 with 229 branches and 373 ATMs island-wide. It has won the "Bank of the Year" award by "The Banker" ...

of Sri Lanka won "Best Banking Group in Sri Lanka" according to the ''

Daily Mirror The ''Daily Mirror'' is a British national daily tabloid. Founded in 1903, it is owned by parent company Reach plc. From 1985 to 1987, and from 1997 to 2002, the title on its masthead was simply ''The Mirror''. It had an average daily print c ...

'' of Sri Lanka. * Tullett Brown won "Commodities Broker of the Year in Western Europe". Later they went into liquidation "in the public interest" and the directors were banned. * Worldwide Commodity Partners (WCP) who were named "Fastest Growing Broker, Western Europe, 2012". In 2014 they were wound-up in the British High Court on the grounds that they "traded with a lack of commercial probity and ... made false and misleading statements in order to sell VER carbon credits to the public for investment at exaggerated prices". * In 2012,

Banc De Binary Banc De Binary was an Israeli financial firm with a history of regulatory issues on three continents. On January 9, 2017, the company announced that it would be closing due to negative press coverage and its tarnished reputation. The firm also ...

won "Best Trading Platform". It was wound up in 2017 after regulatory issues on three continents. * In 2014, First Citizens Bank of Trinidad and Tobago won "Best Retail Bank: T&T 2014" and "Best Commercial Bank: T&T 2014" according to the '' Trinidad & Tobago Guardian''. * In 2014, Rizal Commercial Banking Corporation won "Best Banking Group in the Philippines" for the third time in a row, and "Best Commercial Bank in the Philippines" according to ''Malaya Business Insight''. * In 2016, Bank Dhofar won "Best Digital Bank in Oman 2016" at the World Finance Digital Banking Awards according to ''

Muscat Daily ''Muscat Daily'' is an Omani newspaper that was founded in 2009. The print edition of ''Muscat Daily'' is the largest-selling English daily in Oman with nearly 33,500 copies sold every day on Omani weekdays (Sunday to Thursday) . Apex Media inclu ...

''. * In 2017, NCB Capital, Saudi Arabia's largest asset manager, won "Best Investment Management Company (Equities) Saudi Arabia, 2017" in the World Finance awards according to '' Arab News''. * In 2017, NCB Insurance Company won "best pension fund manager in the Caribbean", for the third-consecutive time and the fifth time in seven years according to the '' Jamaica Observer''.NCBIC wins third consecutive World Finance Pension Award.
Hanniffa Patterson, '' Jamaica Observer'', 9 August 2017. Retrieved 23 August 2017.

References

External links