Highlights of FY23/24 Results For the financial year ended 31 March 2024, total sales amounted to US$3,814 million – an increase of 5% compared to the prior year Gross profit totalled US$851 million – an increase of 19% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 56% to US$343 million or 9.0% of sales (compared to 6.0% of sales in FY22/23) […]
Arabian Post Staff The United Arab Emirates (UAE) has introduced a new visa program aimed at attracting and retaining individuals who significantly contribute to environmental protection. The “Blue Residency” visa offers a ten-year residency permit to those making exceptional efforts towards environmental sustainability. This initiative aligns with the UAE’s designation of 2024 as the “Year of Sustainability.” Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s […]
Global ocean exploration nonprofit sets sail in Indonesia on a first-of-its-kind Southeast Asian mission that combines science, education, and media to support the advancement of ocean science and marine education in the region, contributing to the battle against climate change. BALI / JAKARTA, INDONESIA- Media OutReach Newswire – 15 May 2024 – Global ocean exploration nonprofit OceanX, together with the Coordinating Ministry of Maritime Affairs and Investment […]
Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, marked his presence at the closing ceremony of the inaugural Abu Dhabi Global Healthcare Week (ADGHW) on May 15, 2024. The three-day event, held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, served as a platform for global healthcare leaders, […]
SINGAPORE – Media OutReach Newswire – 15 May 2024 – Atria-City Dental Group, a multidisciplinary dental group practice in Singapore has been providing general and specialist dental care for families since 1994. In conjunction with its 30th year anniversary and this year’s World Oral Health Day theme, “A Happy Mouth is a Happy Body”, the practice is delighted to announce a dental package combining comprehensive Oral Health […]
OCB achieves technology implementation speed 3x faster than industry norm in its launch of a customer-centric omnichannel banking platform, setting a new benchmark in Vietnam HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 May 2024 – Backbase, the global leader in Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a top private bank in Vietnam, together with SmartOSC, the premium digital enabler, announce the […]
Simple, affordable, and powerful infrastructure solution makes AI more accessible for enterprises SINGAPORE – Media OutReach Newswire – 15 May 2024 – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced NetApp AIPod with Lenovo ThinkSystem servers for NVIDIA OVX, a converged infrastructure optimized for the generative AI era. NetApp and Lenovo have had a strong partnership for over five years and are now taking the […]
Abu Dhabi Ports (ADP), a major logistics and transportation company in the United Arab Emirates, reported a mixed bag of results for the first quarter (Q1) of 2024. While the company witnessed a significant increase in revenue, its net profit experienced a slight decline. According to a regulatory filing made on Tuesday, ADP’s revenue for Q1 reached AED 3. 89 billion (USD 1. 06 billion), which is […]
HONG KONG SAR – Media OutReach Newswire – 14 May 2024 – Rescence Laboratory, a leading longevity supplement provider in Hong Kong, is delighted to announce the launch of Rescence EYE Optima, a revolutionary eye supplement designed to strengthen the eyes and combat age-related eye diseases, including presbyopia. This groundbreaking supplement combines extensively researched AREDS2 formula from the West with the latest clinical findings on the reversal […]
The Ajman Department of Tourism and Culture played host to the much-anticipated general assembly meeting of the Folk Arts and Popular Theatre Association (FAPTA) on Sunday. Delegates from across the UAE and the wider Arab world converged in the emirate, marking a significant step towards fostering dialogue and collaboration within the traditional performance arts domain. The FAPTA general assembly meeting served as a platform for member states […]
I had a defibulator ‘installed’ nearly a decade ago. Since then, I’ve changed cardiologists twice. I’d get a pre-screening and they wondered why I had a defib put in.”I didn’t know! That’s what so-and-so decided!’ Turns out I was a victim of medical device “upsell”. Oh well…. And people wonder why medical insurance costs so much. Adblock test (Why?)
New MOU will see more internships and industry attachments introduced in addition to current programmes SINGAPORE – Media OutReach Newswire – 13 May 2024 – NCS and the Institute of Technical Education (ITE) today signed a memorandum of understanding (MOU) aimed at providing ITE students and graduates with more pathways to kickstart exciting careers in technology. The ceremony was witnessed by the Guest of Honour, Mr Tan […]
JPMorgan Chase, a leading American financial institution, disclosed a data breach impacting the personal information of over 450, 000 customers. According to filings submitted to the Maine Attorney General’s office, the bank identified a software vulnerability that remained active since August 26, 2021. This flaw gave unauthorized access to retirement account records of affected customers. The exposed data reportedly included names, addresses, Social Security numbers, and bank […]
The recent summit held in Kuwait has ignited a wave of optimism regarding the potential for a more unified and influential Arab economic bloc. Kuwaiti Finance Minister Abdulwahab Al-Faouri hailed the summit as a “crucial step” towards achieving this objective. The summit, which brought together finance ministers from across the Arab world, served as a platform to discuss and formulate strategies for bolstering economic cooperation amongst member […]
India’s highest court, the Supreme Court, has directed the central government to expedite the process of clearing outstanding legal dues. The directive came during a hearing on a petition filed by a group of lawyers seeking the release of funds owed to them for representing the government in various court cases. The judges expressed concern about the mounting backlog of unpaid legal fees, highlighting the potential impact […]
South Korea’s fiscal health came under strain in the first quarter of 2024, with the government recording its largest ever deficit for the January-March period. The managed fiscal balance, a key metric that tracks government spending and revenue on a stricter basis than the general budget, plunged to a deficit of 75. 3 trillion won (around $55 billion). This figure dwarfs the previous record of 54 trillion […]
M A Hossain South Asian nations, bursting with diversity and contradictions, have long been a captivating subject for global journalism. Yet, despite their increasing importance on the world stage, Western media often miss the mark when it comes to accurately portraying these multifaceted and culturally rich countries. This discrepancy in coverage not only reflects a lack of understanding of the region’s complexities but also raises concerns about […]
PLANO, TX and MANILA, PHILIPPINES – ACCESSWIRE – 9 May 2024 – Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, and Total Information Management Corporation (TIM), a key provider of technology solutions (Data Center services, Cybersecurity, System Integration) in the Philippines, today announced a deal with Orca Cold Chain Solutions, a cutting-edge logistics and supply chain management company. Under the terms of the agreement, TIM will […]
Industry leaders, policymakers, and academics gathered today for the inaugural conference on “Open Markets in Telecommunications:Fostering Innovation and Growth. ” The conference, a global event livestreamed across multiple continents, promises to be a platform for in-depth discussions on the potential benefits and challenges of open markets within the telecommunications sector. Opening remarks by Dr. Alice Wong, CEO of a leading telecommunications technology firm, emphasized the crucial role […]
By Girish Linganna The US President, Joe Biden, is facing political challenges as he attempts to navigate the demands of both the Israel lobby and its critics. This has led to perceptions of his weakness and ineffectiveness. With the election just six months away, Biden is struggling with a significant foreign policy issue. On Monday […]
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SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 May 2024 – SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the recent appointment of Sukhdeep Singh as the head of channel sales for Asia-Pacific and Japan (APJ). Singh is responsible for developing the region’s SolarWinds channel business and strategic partner alliances, spearheading the company’s ongoing channel strategy to further enhance […]
In a move to facilitate the distribution of crypto assets to eligible clients, bankrupt cryptocurrency lender BlockFi has partnered with major exchange Coinbase. This collaboration aims to ensure a smoother process for users seeking to withdraw their holdings from the defunct platform. The announcement comes after BlockFi filed for bankruptcy in November 2023, citing significant exposure to the crypto market downturn. The filing left many users in […]
The Umm Al Quwain Department of Tourism and Archaeology (UAQ DT) is forging a path towards a more vibrant tourism sector through a strategic agreement signed with the Lakhraim Group. The official signing took place on May 9, 2024, on the sidelines of the Arabian Travel Market 2024, a leading tourism exhibition. Sheikh Majid bin Saud bin Rashid Al Mualla, Chairman of UAQ DT, underscored the significance […]
The European Union (EU) is contemplating a significant shift in its approach to cryptocurrencies by potentially allowing them into UCITS (Undertakings for Collective Investment in Transferable Securities), a €12 trillion investment scheme. This move, if approved, could usher in a new era for crypto adoption in Europe, granting it mainstream legitimacy and wider investor access. UCITS funds are a dominant force in European asset management, offering a […]
