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By Antonio Ernesto Di Giacomo The cryptocurrency market has witnessed a spectacular surge in the price of Bitcoin (BTC), surpassing the $67,000 mark, igniting contagious enthusiasm among investors. This phenomenon has also propelled altcoins, among which Dogecoin has stood out, showing notable performance since the beginning of 2024. Since the start of the year, Dogecoin has experienced impressive growth, surpassing a 150% increase in value. This ascent […]

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Deyaar Development PJSC (Deyaar), a prominent Dubai-based property developer, recently revealed its Board of Directors’ approval to distribute dividends to shareholders for the fiscal year 2023. This decision marks a significant milestone for the company, signifying its commitment to creating long-term value for its stakeholders. The specific details regarding the dividend amount and record date will be announced in the near future, pending the approval of shareholders […]

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The Gulf Cooperation Council (GCC) has reiterated its strong support for Egypt and Sudan in their ongoing water rights dispute with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD). During a joint ministerial meeting held in Riyadh on March 3, 2024, GCC Secretary-General Jasem Al-Budaiwi declared that the water security of Egypt and Sudan is “an integral part of Arab national security.” Al-Budaiwi emphasized the GCC’s opposition […]

Asian News by Media-Outreach

SINGAPORE – Media OutReach Newswire – 5 March 2024 – Prudential Singapore (“Prudential”) and its financial advisory arm, Prudential Financial Advisers Singapore (“PFA”), plan to hire 800 financial representatives (“FRs”) through its Management Associate Programme (“MAP”) this year. This will boost its agency size to over 5,500 and help meet consumers’ growing demand for protection, medical and wealth services. Financial representatives in Prudential’s 2024 Management Associate Programme […]

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Asian News by Media-Outreach

Lifebuoy’s ‘Highlympics’ features Shanti Pereira, Tyen Rasif and Mongchin Yeoh, empowering Singaporeans to better protect their health SINGAPORE – Media OutReach Newswire – 5 March 2024 – Lifebuoy, the world’s number one leading hygiene soap brand, today announced the ‘Highlympics’, a challenge and initiative focusing on preventive health. In collaboration with Doctor Anywhere (DA), the ‘Highlympics’ campaign offers fully subsidised health screenings. This initiative comes at a […]

Asian News by Media-Outreach

To Strengthen Its Position in EMEA and Global IFF Capabilities HONG KONG SAR – Media OutReach Newswire – 5 March 2024 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) announced the acquisition of a majority stake in Business By Air SAS (‘BBA’), a leading French international freight forwarding company, to strengthen KLN’s position in the EMEA region and international freight forwarding (‘IFF’) capabilities […]

Asian News by Media-Outreach

SHENZHEN, CHINA – Media OutReach Newswire – 4 March 2024 – The much-anticipated OnePlus Watch 2, the latest iteration of the OnePlus smartwatch series, is now officially on sale in India, Europe, and North America. Launched at the Mobile World Congress (MWC) on February 26, the OnePlus Watch 2 quickly garnered global attention with its pre-orders opening the same day, leading to unprecedented sales achievements worldwide. Not […]

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Asian News by Media-Outreach

KAOHSIUNG, TAIWAN – Media OutReach Newswire – 4 March 2024 – Headed by Deputy Mayor Lo Ta-sheng, the Kaohsiung delegation to KUMAMOTO Industrial Revitalization EXPO 2024 and for a fact-finding tour of Kyushu has wound up a hugely rewarding journey. Over the course of the two-day expo, the Kaohsiung Pavilion hosted 830 international visitors, talked with 50 potential buyers, and garnered orders estimated at US$1,140,000. Above all, […]

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The World Trade Organization (WTO) recently concluded its 13th Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates, and the organization itself has hailed the event as a success. Held from February 26th to 29th, the conference brought together trade ministers and senior officials from all 164 WTO member countries to discuss pressing issues in global trade and the future of the organization. One of the key […]

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Arabian Post Special The reported decision by OPEC+, the alliance of oil-producing countries led by Saudi Arabia and Russia, to extend production cuts until the end of the second quarter, while seemingly straightforward, carries significant implications for both producers and consumers, and its long-term impact remains to be seen. The decision serves to bolster oil prices by limiting supply at a time of growing global demand. The […]

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Saudi Arabia’s National Centre of Meteorology (NCM) is urging a revision of the country’s educational materials on climate, highlighting the need for more accurate and nuanced information reflecting the kingdom’s diverse weather patterns and changing climate. Hussain Al Qahtani, the NCM spokesperson, emphasized the outdated nature of the current descriptions characterizing Saudi Arabia’s climate as simply “hot in summer and cold in winter.” He stated that this […]

Featured

K Raveendran A reported move by Abu Dhabi to launch an Initial Public Offering (IPO) for Etihad Airways has sent ripples through the Gulf’s aviation sector. This potential move, if realized, would mark a historic first for the region, potentially setting a precedent for other major airlines to follow. Firstly, an Etihad listing would be a significant step away from the traditional state-owned model prevalent in the […]

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Dubai’s Roads and Transport Authority (RTA) has implemented a ban on electric scooters (e-scooters) inside the city’s metro and tram system, effective March 1, 2024. The decision, announced late on February 29, caught many e-scooter users by surprise, leaving some stranded at stations as they were forced to abandon their rides. The RTA emphasized passenger safety as the primary reason for the ban. In a statement, the […]

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The Wall Street Journal is facing legal action over a 2023 article that allegedly defamed a Thai businessman and his company. Christopher Harborne, the owner of aviation fuel broker AML Global Ltd., filed a lawsuit in a Delaware court on February 28th, accusing the publication of falsely linking him to illegal activities at cryptocurrency firms Tether and Bitfinex. The lawsuit centers around a March 2023 Wall Street […]

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Hungary is poised to embrace the cryptocurrency revolution, as a draft law proposes allowing banks, investment funds, and asset management companies to offer crypto-related services. This move positions Hungary as a potential hub for digital assets in Central and Eastern Europe. The draft legislation, currently under review, aims to establish a legal framework for cryptocurrency activities within the traditional financial sector. This would empower these institutions to […]

Columns

James M Dorsey A proposed temporary Gaza ceasefire and prisoner exchange appears designed to buy war-battered Gazans relief while enabling Israel and Hamas to claim a success. However, whether Israel or Hamas emerges as the ultimate victor will be determined by whether the truce becomes permanent and the war ends. Negotiated by Qatar, Egypt, the United States, Israel, and Hamas, the deal would be whittled down to […]

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A revamped approach to carbon credits is gaining traction, aiming to address concerns about effectiveness and fairness while offering potential benefits for a wider range of stakeholders. This new framework, still under development, focuses on creating “enhanced carbon credits” that go beyond simply offsetting emissions. These credits would not only represent verified emission reductions, but also demonstrate additional positive environmental and social impacts. Proponents argue that this […]

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Tech magnate, Alistair Thorne, has come under scrutiny for his recent large-scale land acquisitions on the Hawaiian islands of Kauai and Oahu. Concerns have been raised by local residents, environmental groups, and even some government officials, regarding the potential impact of these purchases on the delicate ecosystems, cultural heritage, and economic realities of the islands. Thorne, the CEO of Thorne Industries, a tech giant specializing in artificial […]

Asian News by Media-Outreach

Encourage enterprises to establish regional headquarters to attract capital, companies, and talent holistically The Budget for the 2024-25 fiscal year announced a full withdrawal of all demand-side management measures for residential properties with immediate effect, bringing positive factors to the economic recovery. KPMG advises the government to conduct a comprehensive review of the tax system, taking into consideration Hong Kong’s future economic positioning, and to make corresponding […]

1arabia updates

In a statement marking a potential shift in Saudi Arabia’s cultural landscape, the kingdom’s Assistant Minister of Culture, Rakan Altouq, declared that “culture is not unipolar, nor should it be.” This comment, made following the first AlUla Future Culture Summit, suggests a move away from a singular cultural perspective and towards embracing a more diverse and interconnected global cultural scene. The AlUla summit, held in February 2024, […]

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The 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi concluded with a landmark agreement aimed at facilitating and streamlining global digital trade. The deal, signed by representatives from participating countries, marks a significant step towards establishing a framework for e-commerce, fostering innovation, and promoting economic growth in the digital age. Negotiations for the agreement, officially titled the “Joint Declaration on Enhancing Trade in the Digital […]

Asian News by Media-Outreach

HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Response to the Budget 2024/25 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield: We welcome the government’s proactive efforts in seeking land for housing development to ensure an adequate supply for future public and private housing. However, historical data shows that there have been frequent delays in the completion of […]

1arabia updates

The 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi grapples with securing progress on further regulating harmful fisheries subsidies. While the 2022 meeting yielded a landmark agreement addressing illegal and overfished stocks, the current discussions focus on the remaining pillar: subsidies contributing to overcapacity. Developed nations, like the European Union, advocate for stricter regulations, arguing that overcapacity fuels overfishing, a major threat to […]

Newswire by MarketersMEDIA

Enkrypt AI stands apart by merging threat detection, privacy, and compliance into a comprehensive toolkit ensuring business adoption of LLMs and generative AI is safe, reliable and compliant. Boston, Massachusetts, United States – February 27, 2024 /MarketersMEDIA/ — Enkrypt AI is today announcing a $2.35M funding round to solve this problem for enterprises, ensuring their use of generative AI and LLMs is safe, secure and compliant. The […]

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