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OCB Launches OMNI 4.0 App Offering Instant Modern Financial Services in Just 6 months with Backbase Engagement Banking Platform

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 VietnamHO 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 successful [...]

NetApp and Lenovo Offer Converged Infrastructure Solution Optimized for GenAI

Simple, affordable, and powerful infrastructure solution makes AI more accessible for enterprisesSINGAPORE - 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 partnership [...]

Revenue Soars But Profits Dip for Abu Dhabi Ports in First Quarter

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 [...]

Introducing Rescence EYE Optima: The Breakthrough Eye Anti-aging Supplement

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 [...]

Ajman abuzz with cultural exchange as Folk Arts & Popular Theatre Association convenes

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 [...]

Andertoons by Mark Anderson for Sun, 12 May 2024

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?)

Technology services leader, NCS, partners ITE to expand career opportunities for students

New MOU will see more internships and industry attachments introduced in addition to current programmesSINGAPORE - 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 Kiat [...]

Bank Reveals Data Leak Affecting Over 450, 000 Customers

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 [...]

Arab Economic Integration Gains Momentum at Kuwait Summit

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 [...]

Supreme Court Presses Centre for Clarity on Legal Cost Settlement

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 Grapples with Soaring Fiscal Deficit in First Quarter

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 [...]

Intrusion Inc. and TIM Announce Partnership with Orca Cold Chain Solutions to Enhance Supply Chain Security

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 [...]

A Catalyst for Innovation in Telecommunications?

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 [...]

Sukhdeep Singh Joins SolarWinds as Head of Channel Sales APJ

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 [...]

Coinbase to Aid Crypto Withdrawals for BlockFi Customers

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 [...]

Umm Al Quwain Seeks Tourism Boost Through Collaboration

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 [...]

EU Mulls Crypto Inclusion in Massive Investment Program

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 [...]

Singapore’s QCP Capital Lands Regulatory Approval in Abu Dhabi

Singapore-based cryptocurrency trading platform QCP Capital has secured a significant step towards expanding its operations in the Middle East after receiving in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval allows QCP Capital to conduct regulated crypto activities within the ADGM free zone, positioning the firm as a pioneer for Singaporean crypto market makers in the region. The [...]

Minister Touts Culture Shift for Employee Creativity and Performance

The Minister of Labor, in a recent address, championed the importance of fostering a "culture of excellence" within workplaces across the nation. The Minister argued that by prioritizing such a culture, businesses can unlock a potent combination of employee creativity and enhanced performance. "A culture of excellence isn't about micromanagement or simply achieving quotas, " the Minister emphasized. "It's about creating an environment where people feel empowered, [...]

Syngenta extends leadership in fungicides with ADEPIDYN® technology

ADEPIDYN® technology on track to be first of Syngenta's crop protection active ingredients to attain billion-dollar annual sales within eight years of commercialization Following registration approval in Great Britain, farmers in more than 55 countries now have access to this powerful fungicide Success reflects Syngenta's innovation leadership in fungicides and the SDHI mode of action, and in bringing to market products with strong sustainability attributes BASEL, SWITZERLAND [...]

Musk Calls for Interactive Learning, Not Static Lectures

Tech mogul Elon Musk has ignited a fresh debate on education reform, criticizing the current system as outdated and failing to capture students' interest. In a recent discussion, Musk argued that the traditional model of a teacher lecturing in front of a blackboard is no longer effective. "You don't want a teacher in front of a board, " he stated, advocating for a shift towards more engaging [...]

Afghan Diplomat Resigns Amidst Smuggling Allegations

Zakia Wardak, Afghanistan's sole female diplomat, tendered her resignation this week following allegations of gold smuggling. Indian media reported last month that Wardak, who served as the Afghan Consul-General in Mumbai, was apprehended by airport authorities upon arrival from Dubai. She and her son were allegedly carrying 25 kilograms of gold, valued at approximately £1. 6 million. While diplomatic immunity reportedly shielded Wardak from arrest, Indian customs [...]