Ardi

Saudi Arabia Seeks Climate Education Update

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 Hussain Al Qahtani, the NCM spokesperson, emphasized the outdated nature of the current descriptions characterizing Saudi Arabia’s climate as simply “hot in summer and cold in winter.”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 […]

An Etihad IPO would be a game changer for Gulf aviation

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 […]

E-Scooters Banned on Dubai Public Transport Due to Safety Concerns

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 […]

Thai Businessman Sues Wall Street Journal for Defamation

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 […]

Hungary Opens Door to Crypto Services for Financial Institutions

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 […]

Ceasefire talks are about more than a Gaza truce and prisoner exchange

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 […]

New Carbon Credit Design Aims for Wider Benefits

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 […]

Tech Titan’s Hawaiian Land Buys Spark Controversy

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 […]

Hong Kong’s fiscal position remains healthy despite deficit, KPMG recommends strategically utilizing fiscal reserves to support economic growth

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 […]

Saudi Arabia Signals Shift in Cultural Approach: “Culture is not Unipolar”

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, […]

World Leaders Sign Historic Digital Trade Deal at WTO Meeting in Abu Dhabi

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 […]

Cushman & Wakefield 2024/25 Budget Response

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 […]

Fisheries Subsidies Negotiations Reach Critical Juncture at WTO Meeting

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 […]

Enkrypt AI raises $2.35M to build a visibility and security layer for Gen AI

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 […]

Privado Launches On AWS Marketplace

Empowering enterprises to bridge the gap between product engineering and privacy compliance San Francisco, California, United States – February 27, 2024 /MarketersMEDIA/ — Today, Privado.ai, the privacy code scanning platform, is announcing that it has joined the AWS Partner Network (APN) and is now available on the AWS Marketplace. This gives AWS global customers access to Privado’s advanced, code-centric privacy solution designed to seamlessly bridge the gap […]

International Holding Company Takes Bold Step with AI Board Observer

The International Holding Company (IHC), a prominent Abu Dhabi-based conglomerate, has taken a groundbreaking step by appointing an artificial intelligence (AI) system named “Aiden Insight” as an observer to its board of directors. This move marks a first not only for the company but for the entire Gulf Cooperation Council (GCC) region, placing the IHC at the forefront of technological innovation and corporate governance. Sheikh Tahnoun bin […]

Gallus Medical Detox Is Now In-Network With Blue Cross Blue Shield Of Texas

GALLUS MEDICAL DETOX ANNOUNCES ITS TEXAS LOCATION IS IN-NETWORK WITH BLUE CROSS BLUE SHIELD OF TEXAS Dallas-Ft. Worth, TX, Texas, United States – February 27, 2024 — Dalas. TX Gallus Medical Detox, a provider of in-patient medical detoxification services for patients suffering from severe drug and alcohol addictions, including alcohol detox, suboxone detox and heroin detox in addition to a wide variety of other addictive substances, is pleased to announce another milestone in […]

Is There A Significant Shift In Bangladesh-US Relations?

M. A. Hossain A dramatic shift in the United States’ stance is being observed after the January 7 general election in Bangladesh. The Biden administration consistently stressed the commencement of a free, fair, and participatory election throughout the electoral process. Since then, the dynamics of bilateral relations have gone through ups and downs. Recently, US President Joe Biden penned a letter to Prime Minister Sheikh Hasina, expressing […]

VinFuture announces the prize council for the 2024 season

HANOI, VIETNAM – Media OutReach Newswire – 26 February 2024 – The VinFuture Foundation has officially announced the list of distinguished members for the 2024 VinFuture Prize Council. Comprising 11 renowned scientists recognized for their remarkable contributions to humanity, this year’s Council welcomes three exceptional additions who have previously received prestigious accolades in the fields of solar batteries, plant biology, and atmospheric chemistry. Complete list of the […]

Utilizing Deep Learning for Enhanced Market Trend Analysis in Forex

The financial landscape in the United Arab Emirates (UAE) is witnessing a significant transformation, thanks to the integration of deep learning technologies in the realm of Forex trading. For investors engaged in online trading in the UAE, leveraging deep learning offers an unparalleled advantage in analyzing market trends and making informed decisions. This advanced subset of machine learning is capable of processing and learning from vast amounts […]

Maximize Your Savings: Discover the Power of Savoic.ae for Exclusive Online Coupons & Deals in the UAE

Saving an extra buck has always been fun, and as times have progressed, so have the means of saving. Previously, to save, people had to rush to the stores during sales, which were usually crowded at those times. This inconvenience is ruled out by the advent of online shopping and e-commerce. Now, you cannot haggle with the shop owner at the souq, but you can still save […]

The National Anti-Corruption Commission Thailand Alerts Investors to Risks of Gratuity Offerings as Potential Bribery

BANGKOK, THAILAND – Media OutReach Newswire – 26 February 2024 – The National Anti-Corruption Commission (NACC) has issued a formal advisory to both local and international investors regarding the practice of offering gratuities to government officials, which may constitute bribery and is subject to legal penalties under the latest anti-corruption regulations. The NACC’s Secretary-General, Mr. Niwatchai Kasemmongkol, emphasized that the regulatory framework established in 2020 includes criminal […]

‘India Out’ in Bangladesh; stone-cold silence of friends of India

M A Hossain Since January 8, 2024, the ‘India Out’ movement is getting momentum in Bangladesh, basically at initiatives of popular online activist Pinaki Bhattacharya. Everyday dozens of Bangladeshis are joining this movement on social media platforms such as Facebook and X (former Twitter), while video-sharing platform YouTube is becoming a major source for Pinaki Bhattacharya and anti-India forces in expressing their anger at India’s hegemony and […]

Exit from FATF grey list to boost UAE real estate sector

K Raveendran The recent decision by the Financial Action Task Force (FATF) to remove the United Arab Emirates (UAE) from its “grey list” of jurisdictions under increased monitoring has significant implications for the country, both domestically and internationally. The action sends a positive signal to investors, boosting economic confidence and potentially attracting more foreign direct investment (FDI). It will help solidify the UAE’s position as a responsible […]

Coerced Donations To BJP May Be Mother Of All Scams Under Modi Government

Virtual Assets Regulatory Authority Greenlights DKK Partners Proposal

Dubai-based DKK Partners has achieved preliminary approval from the Virtual Assets Regulatory Authority (VARA) in a strategic move towards operationalizing its ventures in the virtual assets domain. The regulatory nod comes as VARA evaluates and streamlines protocols for entities navigating the burgeoning virtual assets landscape. DKK Partners, recognized for its financial acumen, underwent a rigorous evaluation process, meeting stringent criteria laid out by VARA. The approval signifies […]

EnergySage Unveils 18th Solar & Storage Report

EnergySage has recently launched its 18th Solar & Storage Marketplace Report, providing valuable insights into the renewable energy landscape. The report highlights key trends, market dynamics, and consumer preferences shaping the solar and storage industry. The latest report from EnergySage delves into the evolving solar and storage market, offering a comprehensive analysis of the current state and future projections. With a focus on sustainability and clean energy […]

Union Initiates Lufthansa Ground Staff Strike Across German Airports

Members of a prominent aviation union have called for a strike among Lufthansa ground staff at various German airports. The labor action is anticipated to disrupt airline operations and impact travelers across the region. The union, representing a substantial number of Lufthansa ground personnel, announced the strike following unsuccessful negotiations regarding employment terms and conditions. The labor dispute has escalated, with both parties failing to reach a […]

UK Law Body Seeks Input on Crypto Property Status

The Law Commission in the United Kingdom is soliciting public opinions on the proposed categorization of cryptocurrencies as property under legislation. The commission aims to gather diverse perspectives to inform the development of legal frameworks for cryptocurrency transactions. Stakeholders and the public are encouraged to participate in shaping the regulatory landscape for digital assets. As the use of cryptocurrencies continues to proliferate globally, governments are grappling with […]

Nigeria Urges Telcos to Limit Binance, Coinbase Access

Nigeria has directed telecommunications companies to restrict access to Binance and Coinbase websites, raising concerns about cryptocurrency accessibility in the country. The move is part of a broader effort by Nigerian authorities to regulate digital currencies and protect investors. The Nigerian government’s decision comes amid growing global scrutiny of cryptocurrency platforms. Regulators in various countries are expressing concerns about the potential risks associated with unregulated digital assets, […]