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HONG KONG SAR - Media OutReach Newswire - 5 July 2024 - Today, IX Asia Indexes announced the 1st Half 2024 Review of the IX Digital Asset Industry Classification System ("DAICS®"), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed [...]
DHL Global Forwarding Indonesia announces its second-year partnership to support Shell Eco-marathon programme Over US$335,000 Benefits-in-Kind contributed for the Asia Pacific and the Middle East Competition 2024 This strategic partnership is in line with the DHL’s ambitious sustainability objectives JAKARTA, INDONESIA - Media OutReach Newswire - 4 July 2024 - DHL Global Forwarding, the freight specialist of DHL Group, has announced its continued partnership as the Official [...]

A recent study by LinkedIn paints a fascinating picture of Generation Z’s environmental aspirations. The data reveals a strong desire among young professionals to pursue careers that contribute to a greener future. However, a significant skills gap threatens to hinder this ambition. The study found that nearly 60% of Gen Z respondents in the United Arab Emirates, a region undergoing significant green initiatives, expressed interest in transitioning […]

Dyloch, a participant in the CEO 2024 fighting game championships, might have wished for a more economical celebration after his Mortal Kombat 1 tournament win. After securing the final blow against his opponent, Rewind, Dyloch's elation got the better of him. In a moment of exuberance, he flung his chair off the stage, inadvertently turning his victory lap into a costly one. The unfortunate target of his [...]
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Amazon is revving up its sustainability efforts in the Middle East by collaborating with authorities in the United Arab Emirates (UAE) to launch an electric vehicle (EV) delivery fleet. This initiative aligns with the UAE's push for a greener transportation sector and complements Amazon's global commitment to reduce its environmental footprint. Prashant Saran, a senior executive overseeing operations in Amazon Turkey, Middle East and Africa, revealed the [...]
A recent report by the World Intellectual Property Organization (WIPO) unveils China's dominance in the field of generative artificial intelligence (AI). The report highlights a significant surge in generative AI patent filings by Chinese inventors over the past decade, surpassing those from the United States, South Korea, and other major technological powerhouses. This surge in patent activity reflects China's aggressive pursuit of a leading role in the [...]
The German government has thrown a wrench into the planned sale of Volkswagen subsidiary MAN Energy Solutions' gas turbine division to a Chinese company, citing national security concerns. The decision, announced on Wednesday, comes after months of scrutiny by German officials who viewed the deal with suspicion. MAN Energy Solutions, a leading developer and manufacturer of industrial gas turbines, had announced its intention to sell the division [...]
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India's stock markets continued their record-breaking run, with both the Nifty and Sensex indices reaching new all-time highs on Tuesday. This surge was driven by strong gains in financials, metals, and power sectors. However, a recent regulatory move by SEBI, the country's securities regulator, has cast a shadow over the brokerage industry. The new SEBI rules aim to standardize transaction fees charged by stock exchanges. This could [...]
Saudi Arabian mobility leader Lumi announced a strategic partnership with global technology giant SAP to optimize its human resource (HR) processes and fuel the company's ambitious growth plans. Through the implementation of SAP's advanced HR system, Lumi aims to streamline operations, enhance employee experience, and make data-driven decisions to achieve its strategic goals. This collaboration will equip Lumi with the necessary tools to automate routine HR tasks, [...]
Office market net absorption remained positive, high street vacancies stabilized The Hong Kong Grade A office market recorded growth for the third consecutive quarter, with overall net absorption remaining positive at 318,000 sq ft in Q2. Nevertheless, office rents remained under pressure due to the lifted availability rate, dropping 1.5% q-o-q. The overall high street vacancy rate stabilized, and rents continued to record low single-digit growth rate [...]
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We’re into the second half of 2024. The S&P 500’s performance in the first half of the year has been noteworthy, marking its third consecutive quarterly rise and the sixth in the last seven quarters.This pattern of growth has spurred optimism about the market’s potential for continued gains in the latter half of the year. Reflecting on historical trends, we glean valuable insights into the possibilities and […]

The first day of the week brought a slight dip to Dubai's gold market, with prices opening lower compared to the previous week's closing figures. The data, compiled by the Dubai Jewellery Group, revealed a decrease of Dh0. 50 per gram for the widely traded 24K variant. This translates to an opening price of Dh281. 25 per gram on Tuesday morning, down from Dh281. 75 per gram [...]
SHANGHAI, CHINA - Media OutReach Newswire - 2 July 2024 - Recently, the 2024 Mobile World Congress Shanghai (MWC Shanghai 2024) was held at the Shanghai New International Expo Centre. This influential industry event, known for connecting the Asian ecosystem, attracted experts, scholars, and industry attendees from around the world. The Hetao International Organization Headquarters (HIOH) made its collective debut, and aims to leverage its position in [...]
An Air Europa flight en route to Montevideo, Uruguay, was forced into an unscheduled landing in Natal, Brazil, on Monday, after encountering severe turbulence. The mid-air incident resulted in injuries to over 30 passengers onboard the Boeing 787-9 Dreamliner. The Air Europa flight, UX045, departed Madrid, Spain, earlier that day with a total of 325 passengers and crew. While details regarding the specific cause of the turbulence [...]
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The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) in the United Arab Emirates (UAE) has moved to dispel rumors regarding alterations to fines levied for visa or residence permit overstays. The clarification comes amidst recent misinformation circulating online concerning potential changes to the penalty structure. ICP officials emphasized that the current system for overstay fines remains in effect. Residents whose visas or permits expire [...]
European companies are inking a flurry of agreements with Egyptian partners, a sign of deepening economic ties between the European Union (EU) and the North African nation. This investment surge comes alongside a broader effort by the EU to strengthen its relationship with Egypt. Ursula von der Leyen, president of the European Commission, announced the signing of more than 20 new deals, or Memorandums of Understanding (MOUs), [...]
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 [...]
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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 digital [...]
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 [...]
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 [...]
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, 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 [...]
 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 […]
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 [...]
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RYO YAMADA
HITORI GOTOH
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