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Kuwait Revs Up for $3. 3 Billion Upstream Project Launch

Kuwait is poised to ignite its oil and gas sector with the upcoming tender of a significant upstream project valued at a staggering $3. 3 billion. This initiative marks a substantial investment aimed at bolstering the nation’s hydrocarbon production capacity. Details regarding the specific nature of the project remain undisclosed. However, industry insiders anticipate it to encompass exploration, development, and potentially even production activities. The hefty price […]

Cash or Digital? Central Banks Explore Evolving Currency Landscape

The jingle of coins and the rustle of bills may become a relic of the past as central banks around the world delve into the potential of central bank digital currencies (CBDCs). Driven by the burgeoning digital economy and the growing popularity of cashless transactions, these government-backed digital tokens aim to streamline payments and enhance financial inclusion. But will CBDCs completely dethrone physical cash? The rise of […]

Dubai Customs Nets Over 1, 200 Drug Shipments in Security Sweep

Dubai Customs officials intercepted a staggering number of drug shipments in a recent enforcement surge, showcasing their dedication to safeguarding the region and upholding global security standards. The impressive haul, encompassing over 1, 273 seizures, highlights Dubai’s unwavering commitment to combating the illegal drug trade. At the forefront of these operations is Dubai Customs’ cutting-edge inspection technology. A cornerstone of their strategy is a sophisticated risk engine […]

PolyU showcases research and innovations at its first overseas exhibition “Flying High” in France

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase, featuring a diverse array of research and innovations across disciplines from fashion to technology and sustainable materials. PolyU is hosting its inaugural “Flying High” exhibition in […]

New data reveals slow progress on deforestation in Southeast Asia

SINGAPORE – Media OutReach Newswire – 28 June 2024 – New data from the Accountability Framework initiative (AFi) and CDP shows that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon around the world. The AFi and CDP examined hundreds of company disclosures and revealed their findings in Time for Transparency. The report provides the first clear and quantitative look at the extent to […]

Qatar Airways Privilege Club Boosts Rewards with Talabat Partnership

Qatar Airways Privilege Club, the loyalty program of the Doha-based carrier, has announced a new collaboration with talabat, Qatar’s leading delivery platform. This partnership expands earning and spending opportunities for Privilege Club members in Qatar, allowing them to accumulate Avios, the program’s reward currency, on everyday purchases. Members can now earn Avios for talabat orders exceeding QR200 by using a payment card linked to their Privilege Club […]

Stalin writes to PM, Rahul seeking NEET exemption for TN

 Tamil Nadu Chief Minister MK Stalin once again urged the Centre to exempt the state from the National Eligibility-cum-Entrance Test for admissions to medical colleges and also to do away with the system at the national level. In a letter addressed to Prime Minister Narendra Modi regarding exemption of NEET for the state, the chief […]

Galaxy Macau Unveils “Eggspression – An Immersive Art Experience” Today A New Exhibition Captivating Audiences to Explore the Art of the Eggs with Renowned Dutch and New York Artists

MACAU SAR – Media OutReach Newswire – 28 June 2024 – As a significant extension of Galaxy Macau™ Integrated Resort (“Galaxy Macau”) in art and culture, GalaxyArt continues to explore and introduce both local and international arts’ representative works, presenting high-quality art exhibitions to tap into their interplay role as “Tourism plus Culture”. Organized by Galaxy Entertainment Group (GEG), the new exhibition, “Eggspression – An Immersive Art […]

Abu Dhabi Chamber and e& UAE Join Forces to Supercharge SME Development

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and e& UAE, a leading integrated telecommunications conglomerate, have inked a strategic collaboration agreement aimed at propelling the growth of small and medium-sized enterprises (SMEs) in the Emirate. This partnership signifies a significant step towards bolstering the Emirate’s business environment by harnessing the power of innovative communication solutions and advanced digital services. Through this collaborative effort, the ADCCI […]

Belle Femme Launches New Range of Sustainable Skincare Products

Introducing Belle Femme, Singapore’s newest skincare brand committed to sustainability. SINGAPORE – Media OutReach Newswire – 28 June 2024 – Belle Femme is excited to announce its much-anticipated online debut in Singapore’s vibrant beauty and personal care market. This new digital presence marks a significant milestone for the home-grown brand, allowing it to reach a wider audience and offer its exquisite range of skincare products to consumers […]

United Arab Emirates Eyes Strategic Role in Horn of Africa

The United Arab Emirates (UAE) is set to become a major player in the Horn of Africa, leveraging its economic strength and geographical proximity to establish a foothold in the strategically important region. Analysts point to the UAE’s growing investments in logistics, maritime trade, and security partnerships as indicators of its ambitions. The Horn of Africa, encompassing countries like Ethiopia, Somalia, and Djibouti, sits at the crossroads […]

Turkish Parliament Tightens Cryptocurrency Reins

The Turkish Parliament (TBMM) has enacted a new law establishing a stricter regulatory framework for cryptocurrency assets. The legislation aims to combat illegal activities within the crypto space while providing a more controlled environment for investors. A key provision of the bill targets unauthorized crypto service providers. Individuals and legal entities operating without the requisite authorization face imprisonment ranging from 3 to 5 years. This stipulation seeks […]

Trio of Saudi Giants Join Forces for Record-Breaking Solar Push

Saudi Arabia’s drive for renewable energy has been significantly bolstered by a monumental agreement signed this week. ACWA Power, a prominent energy developer, joined forces with Badeel, a subsidiary of the Public Investment Fund (PIF), and SAPCO, the energy arm of Saudi Aramco, to sign Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC). This collaboration marks a significant stride in the kingdom’s ambitious goal […]

Boeing’s Alaska Air Panel Disclosure Sparks Safety Board Ire

The National Transportation Safety Board (NTSB) has expressed strong disapproval of Boeing’s recent disclosures regarding a panel blowout incident on an Alaska Airlines 737 MAX flight. The incident, which occurred in February 2023, involved a loss of cabin pressurization caused by a panel detachment near the tail of the aircraft. While no injuries were reported and the pilots were able to land safely, the seriousness of the […]

Islamic Bonds Boom in Middle East and North Africa

The Islamic bond market, also known as the sukuk market, in the Middle East and North Africa (MENA) region has experienced a significant surge in the first half of 2024. According to data from Bloomberg’s Capital Markets League Tables, issuance volume jumped by 48% compared to the same period last year, reaching a total of $6. 2 billion. This growth is attributed to a confluence of factors. […]

AI transforming financial reporting globally with near universal adoption expected in the next three years, KPMG analysis finds

HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – Artificial intelligence (AI) is already being widely adopted in companies’ financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG. At the same time, companies expect AI to be increasingly used […]

Singaporean EV Company Steers Towards UAE with Self-Driving Trucks and Massive EV Hub

Singapore-based electric vehicle (EV) company SingAuto has announced a major expansion into the United Arab Emirates (UAE), bringing with it plans to develop a colossal commercial electric vehicle industrial district in Abu Dhabi. This initiative marks a significant step forward for both SingAuto’s ambition to be a leader in sustainable logistics and the UAE’s goal of becoming a prominent player in the global clean energy and smart […]

UAE Streamlines Public-Private Collaboration

The United Arab Emirates (UAE) is revamping its approach to infrastructure development and financial innovation through a two-pronged strategy. Recent government actions establish a more efficient framework for public-private partnerships (PPPs) and create a regulatory sandbox to foster financial technology (fintech) ventures. The Ministry of Finance (MoF) unveiled a Public-Private Partnership Manual outlining a standardized procedure for federal entities to collaborate with private businesses on strategic projects. […]

Assange Flies To Freedom, But His Plea Deal Exposes Us Empire’s Ugly Malfeasance

Bill Gates Believes AI Will Drive Sustainable Innovation

Billionaire philanthropist and climate tech investor Bill Gates has expressed optimism about artificial intelligence (AI) playing a crucial role in combating climate change. In a recent interview with Bloomberg TV, Gates argued that AI’s contribution to accelerating the development of green technologies will outweigh its own environmental footprint. Gates acknowledges the potential for AI to increase energy consumption due to the demands of data centers that power […]

Hongkong Land Set to Transform LANDMARK into Ultra-luxury Destination of Tomorrow in Central, Hong Kong

Hongkong Land commits US$400 million (HK$3.1 billion) strategic investment to launch “Tomorrow’s CENTRAL”, a planned transformation of LANDMARK Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across LANDMARK, reimagining the luxury landscape of Hong Kong Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class destinations Featuring 10 […]

Hongkong Land and luxury retail tenants to invest more than US$1 billion (HK$7.8 billion) in LANDMARK, Hong Kong

Hongkong Land’s strategic investment of US$400 million (HK$3.1 billion) in LANDMARK reinforces Central, Hong Kong as a world-class destination for luxury retail, lifestyle and business Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across the LANDMARK retail portfolio Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class […]

China achieves education-S&T-talent synergy for New Quality Productive Forces

BEIJING, CHINA – Media OutReach Newswire – 26 June 2024 – New Quality Productive Forces is not the “solo performance” of any single country but rather a “grand chorus” of all countries. China stands ready to work with the international community for cooperation in developing New Quality Productive Forces. We are committed to open science regardless of borders and with no barriers imposed, ensure the free flow […]

Dubai Unveils Dhs30 Billion Plan to Fortify City Against Future Floods

Dubai is embarking on a colossal infrastructure project to bolster its flood defenses. The initiative, dubbed “Tasreef” (Arabic for “drainage”), comes after the emirate witnessed its heaviest rainfall in 75 years this April. The unprecedented downpour resulted in widespread flooding, significant infrastructure damage, and a surge in insurance claims. Fueled by a Dhs30 billion (US$8. 1 billion) budget, Tasreef aims to significantly enhance Dubai’s capacity to handle […]

OpenAI Acquisition Hints at a New Era for Desktop Computing

OpenAI’s recent purchase of Multi, a startup specializing in advanced screen-sharing and collaboration tools, has sent ripples through the tech world, sparking speculation about a future where artificial intelligence (AI) fundamentally transforms how we interact with desktop computers. Multi’s core technology, designed primarily for software engineers, allows for seamless real-time collaboration between teams. Up to ten users can share screens simultaneously, with features like synchronized cursors facilitating […]

EverQuest’s Difficulty Fosters Player Satisfaction

EverQuest, the granddaddy of MMORPGs (massively multiplayer online role-playing games), has maintained a loyal player base for over two decades. One of the key factors behind this longevity, according to developers, is the game’s unwavering commitment to challenge. Unlike many modern MMOs that offer streamlined experiences, EverQuest throws players into a world brimming with danger. From ferocious enemies lurking around every corner to unforgiving penalties for death, […]

Breakthrough in 0.05 Tesla MRI reported by HKU Engineering team in Science Journal

HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – Magnetic resonance imaging (MRI) has revolutionised healthcare with its non-ionising, non-invasive, multi-contrast and quantitative capabilities. It also presents a promising platform for future artificial intelligence-driven medical diagnoses. However, limited accessibility, especially in low and middle-income countries, is a challenge due to high costs and specialised settings required for standard superconducting MRI scanners. These scanners are […]

Casino Winner Succumbs to Medical Episode

A night of apparent triumph at Singapore’s Marina Bay Sands Casino turned into tragedy for a patron who passed away shortly after a significant baccarat win. The unidentified man, reportedly a regular at the high-stakes tables, secured a substantial jackpot, according to casino staff and eyewitness accounts. The win, however, was followed by a sudden medical episode, with the man collapsing on the casino floor. Medical personnel […]

OneMagnify celebrated for third consecutive year as One of India’s Best Places to Work in 2024

CHENNAI, INDIA – Media OutReach Newswire – 24 June 2024 – Onemagnify, a multidisciplinary marketing and communications company, has been recently awarded the best place to work certification for 2024. This prestigious recognition is based on the assessment results, where an impressive 92% of employees rated the company as a great place to work compared to a market average of 76%. This honor marks the third consecutive […]

Dubai Rental Market Anticipates Double-Digit Increase

Dubai’s rental market is expected to see another significant increase by the year’s end, with industry experts predicting a 10% jump in prices for the remainder of 2024. This follows a robust first half that already witnessed a similar surge, driven by Dubai’s burgeoning economy and rising influx of residents. The strong rental market performance aligns with Dubai’s overall economic growth. The emirate has witnessed a surge […]