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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 Vanity is the excessive belief in one's own abilities or attractiveness compared to others. Prior to the 14th century, it did not have such narcissistic undertones, and merely meant ''futility''. The related term vainglory is now often seen as a ...
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

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. The company's software converts PDFs into customizable digital publications that can be shared via links ...
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 ''Project Syndicate'' is an international nonprofit media organization that publishes and syndicates commentary and analysis on a variety of global topics. All opinion pieces are published on the ''Project Syndicate'' website, and also distribu ...
''. 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 ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some ...
. 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 (, ) 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 ''Financial Times Limited – London'', for two conse ...
of Sri Lanka won "Best Banking Group in Sri Lanka" according to the ''
Daily Mirror The ''Daily Mirror'' is a British national daily Tabloid journalism, tabloid newspaper. Founded in 1903, it is part of Mirror Group Newspapers (MGN), which is owned by parent company Reach plc. From 1985 to 1987, and from 1997 to 2002, the tit ...
'' 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 s ...
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 The ''Trinidad and Tobago Guardian'' (together with the ''Sunday Guardian'') is the oldest daily newspaper in Trinidad and Tobago. The paper is considered the newspaper of record for Trinidad and Tobago. The slogan of the paper is ''The Guardia ...
''. * 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''. * 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 ''Arab News'' is an English-language daily newspaper published in Saudi Arabia. It is published from Riyadh. The target audiences of the paper, which is published in broadsheet format, are businesspeople, executives and diplomats. At least as ...
''. * 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 The ''Jamaica Observer'' is a daily newspaper published in Kingston, Jamaica Kingston is the Capital (political), capital and largest city of Jamaica, located on the southeastern coast of the island. It faces a natural harbour protected by ...
''.NCBIC wins third consecutive World Finance Pension Award.
Hanniffa Patterson, ''
Jamaica Observer The ''Jamaica Observer'' is a daily newspaper published in Kingston, Jamaica Kingston is the Capital (political), capital and largest city of Jamaica, located on the southeastern coast of the island. It faces a natural harbour protected by ...
'', 9 August 2017. Retrieved 23 August 2017.


See also

* AI Global Media *
Europe Business Assembly The Europe Business Assembly (EBA) is an Oxford-based organisation selling what ''The Times'' has called "fake awards", or what are more widely known as "vanity awards". The awards, which include "The International Socrates Award" and "The Queen ...


References


External links

{{DEFAULTSORT:World News Media Vanity awards British companies established in 2004 Publishing companies based in London Privately held companies based in London Companies based in the London Borough of Islington Mass media companies of England