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TOKYO, JAPAN – Media OutReach Newswire – 5 September 2024 – Azbil Corporation (Tokyo Stock Exchange code: 6845) announced that it has been honored as the Award Winner in the Innovation and Design category at the Singapore Environmental Achievement Awards (SEAA) 2024 organized by the Singapore Environmental Council (SEC)*. Azbil won this award for enhancing its sustainability performance through creativity, life cycle thinking, and technological advancements. Azbil’s […]

ERC-20 tokens are a vital component of the Ethereum blockchain, enabling the creation and management of digital assets within its ecosystem. These tokens adhere to a standardized set of rules that ensure their compatibility and functionality across various platforms and applications on Ethereum. At their core, ERC-20 tokens represent a standard interface for creating digital assets on the Ethereum blockchain. This standardized approach means that different tokens, […]

By K Raveendran The drop in crude oil prices below the $75 per barrel threshold has raised significant concerns within the oil market, particularly for the OPEC+ cartel, which has been striving to maintain prices near the desired $100 mark. The decline, influenced by a potential resolution of the Libyan political crisis and underlying economic […]

HONG KONG SAR – Media OutReach Newswire – 4 September 2024 – The 2024 Aranya Xiami Music Festival, a collaborative production between Xiami Music Entertainment and Aranya, has concluded successfully. Now in its third year, the festival continues to focus on the themes of warmth, companionship, and connection. Corinne Bailey Rae at the 2024 Aranya Xiami Music Festival Li Jie, Co-Founder of the Aranya Xiami Music Festival […]

Zain, a prominent telecommunications provider in Kuwait, has been honored with the ‘Best Corporate Governance Award 2024 for Kuwait’ by World Finance for the fourth consecutive year. This accolade underscores Zain’s continued excellence in adhering to high standards of corporate governance and transparency.

World Finance, a prestigious London-based magazine renowned for its comprehensive coverage of the financial sector, international business, and global economic trends, bestows this award to companies demonstrating exceptional governance practices. Zain’s achievement reflects its steadfast commitment to ethical business operations and robust governance frameworks.

The award, which Zain has received annually since 2021, recognizes companies that excel in transparency, accountability, and stakeholder engagement. Zain’s successful track record highlights its effective implementation of governance principles, including comprehensive risk management strategies, strong board oversight, and rigorous internal controls.

This accolade comes at a time when corporate governance has become increasingly significant for investors and stakeholders. With the evolving regulatory landscape and heightened scrutiny on corporate practices, Zain’s consistent performance in this domain positions it as a leader in maintaining high standards of corporate ethics and governance in the Middle East.

Zain’s governance model incorporates various elements that contribute to its reputation. The company’s board of directors, which comprises a diverse group of experienced professionals, plays a crucial role in overseeing strategic decisions and ensuring compliance with industry regulations. Additionally, Zain has established robust policies for financial reporting, internal audits, and risk management, which are regularly reviewed and updated to align with best practices.

The company’s commitment to corporate governance is also evident in its proactive approach to stakeholder engagement. Zain maintains transparent communication channels with its investors, employees, and customers, fostering trust and accountability. This approach is integral to Zain’s strategy, as it ensures that the company’s operations and decisions are aligned with the expectations and interests of its stakeholders.

Zain’s focus on ethical business practices is further demonstrated through its comprehensive code of conduct and ethics policies. These policies provide clear guidelines for employees and management, ensuring that all business activities are conducted with integrity and in compliance with legal and regulatory requirements. The company’s adherence to these standards has been a key factor in its ability to secure the Best Corporate Governance Award for multiple years.

The award from World Finance also reflects Zain’s broader efforts to promote corporate social responsibility (CSR). The company has implemented various initiatives aimed at supporting community development, environmental sustainability, and social causes. These efforts are part of Zain’s commitment to creating a positive impact beyond its core business operations.

Zain’s continued success in receiving this prestigious award highlights the effectiveness of its governance practices and its dedication to maintaining high standards in the industry. As corporate governance remains a critical focus for investors and regulators, Zain’s exemplary performance serves as a benchmark for other companies in the region.

In the context of the broader telecommunications industry, Zain’s achievement underscores the growing importance of governance and ethical practices. Companies across the sector are increasingly recognizing the value of strong governance frameworks in building investor confidence and ensuring long-term sustainability.

Zain’s success also aligns with global trends towards enhanced corporate governance. As businesses worldwide face increasing pressure to demonstrate transparency and accountability, Zain’s practices offer valuable insights into effective governance strategies. The company’s ability to maintain its position as a leader in corporate governance reflects its resilience and adaptability in a dynamic business environment.

By Nitya Chakraborty The interim Government in Bangladesh led by Dr. Muhammad Yunus has achieved big success in the last few days in persuading the Biden administration to help in bailing out the country’s ailing economy to meet the immediate challenges of the post-Hasina administration. Interim Government head Dr. Md. Yunus who has good friends […]

Leaders from Zuellig Pharma, Gulf Marine, Fullerton Health, PRISM+, Kuok Group and more will discuss new ways to approach AI, Automation, and Integration SINGAPORE – Media OutReach Newswire – 3 September 2024 – Workato®, the leading AI-driven enterprise orchestration platform, unveiled the lineup of keynotes and speakers for its fourth annual customer and partner conference, Automate: Business As Unusual. The in-person event, taking place September 12, will […]

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By Nantoo Banerjee Democratically elected governments often think their electors are idiots. They may have good reasons to build such a notion as a good number of them don’t deserve to be there in terms of their personal background and characteristic traits. Many of them are booked for even criminal offences. Voters have little choice […]

Elasticsearch and Kibana, prominent tools in the realm of search and analytics, have re-entered the open-source domain, marking a significant shift in their licensing strategy. This move comes after several years of their transition to a more restrictive license model. The change aims to address growing demands from the developer community and the wider open-source ecosystem for greater transparency and accessibility. The decision to revert to open-source […]

Emirates has significantly broadened its global network by forging partnerships that connect travellers to approximately 1,700 cities worldwide. This expansion is achieved through an extensive array of codeshare, interline, and combined rail and helicopter services.

The Dubai-based airline now offers 31 codeshare agreements, which allow passengers to seamlessly transfer between Emirates flights and those of partner airlines. These agreements enhance connectivity across continents and streamline travel experiences. Additionally, Emirates has established 118 interline agreements. These arrangements enable the integration of different airlines’ services, facilitating smoother connections and more efficient travel itineraries.

Furthermore, Emirates has introduced 13 rail and helicopter services, further enhancing its network. These services bridge the gap between airports and key urban or remote destinations, offering a comprehensive travel solution that integrates multiple modes of transportation.

This expansion reflects Emirates’ commitment to providing a seamless travel experience, leveraging its partnerships to offer unparalleled global connectivity. The airline’s strategic alliances not only extend its reach but also contribute to a more flexible and integrated travel ecosystem. This initiative aligns with the growing demand for comprehensive travel solutions that accommodate diverse and evolving passenger needs.

The global transport network now includes numerous key destinations across more than 100 countries, facilitated by these strategic partnerships. Emirates’ approach exemplifies a modern trend in the aviation industry where airlines enhance their service offerings through collaborative agreements, optimizing passenger convenience and accessibility.

As the travel landscape continues to evolve, Emirates’ extensive network of partnerships underscores the importance of connectivity and collaboration in meeting the needs of a global audience. By integrating a wide range of transport services, Emirates is positioned to offer an exceptional level of convenience and choice for international travellers.

By Dr. Gyan Pathak The Akal Takht’s declaring Shiromani Akali Dal (SAD) president Sukhbir Singh Badal a ‘tankhaiya’ on August 30 is most likely to reset the Punjab politics in general and Sikh politics in particular. In the tumultuous history of Punjab, this development is significant. Punjab may be entering a new phase of political […]
By K Raveendran The Supreme Court’s recent judgments granting bail to Delhi minister Manish Sisodia and others in the Delhi excise and similar cases mark a significant shift in how the judiciary approaches money laundering charges, particularly those pressed by the Enforcement Directorate (ED). The rulings not only highlight the evolving judicial perspective but also […]

Highlights of the Interim Results for the Six Months Ended June 30, 2024: With the increasing demand for chips from AI technology-related industries, orders for AI chip orders from Comtech continued to rise, driving the Group’s revenue up by 11.9% year-on-year to RMB4,321.4 million. The Group recorded a gross profit of approximately RMB457.6 million and a net profit of approximately RMB169.1 million. Profit attributable to equity shareholders […]

By Dr. Gyan Pathak The issue of caste census has finally mounted on the agenda of the Parliamentary Committee on Welfare of OBCs led by the BJP. The party has been rejecting the opposition INDIA bloc’s demand for conducting caste census in the country. It was much to the frustration of the BJP, that its […]

Through a holistic curriculum, AIA Singapore and Singapore University of Social Sciences seek to nurture next-generation talents and pave the way for sustainable, purposeful careers. SINGAPORE – Media OutReach Newswire – 30 August 2024 – AIA Singapore and Singapore University of Social Sciences (SUSS) today launched Singapore’s first Minor in Insurance Fundamentals as part of a newly signed Memorandum of Understanding (MoU) between both parties. This programme […]

Sustaining Momentum Fueled by Robust Global Demand for K-Beauty Products Results Highlights Revenue and net profit grew 80.2% to US$163.35 million and 610.6% year-on-year to US$11.1 million respectively, hitting first-half year historical high Revenue from beauty products, in particular Korean beauty (“K-Beauty”) products, increased 113.9% to US$149.4 million, contributing 91.4% of the Group’s total revenue While the US remained as the largest market, European Union became the […]

By Nitya Chakraborty Former British Prime Minister Harold Wilson once said that a week is too long a time in politics. This was in the context of post-war turmoil in British politics. As regards India, it seems that the post 2024 Lok Sabha elections scenario is changing fast and the most affected has been the […]

A significant security vulnerability in the LiteSpeed WordPress cache plugin has exposed more than 5 million websites to potential cyber threats. This flaw, which has been identified and confirmed by cybersecurity experts, allows attackers to exploit the plugin’s weaknesses and potentially gain unauthorized access to sensitive information. The vulnerability lies within the plugin’s handling of user input, which can be manipulated to execute malicious code. This issue […]

Latest All-in-One laundry solution by Samsung integrates a washer, dryer and various AI features that make it the brand’s most intelligent, efficient and environmentally conscious laundry combo to date. SINGAPORE – Media OutReach Newswire – 29 August 2024 – Samsung Electronics Singapore expanded their range of laundry solutions with the new Bespoke AI Laundry Combo™, its first All-in-One laundry solution that integrates a large capacity washer, a […]

Achieved Record High Revenue of HK$273.6M and Net Profit of HK$67.4M Further Penetration to Osteoporosis, Ophthalmology, and Medical Aesthetic Device Markets HONG KONG SAR – EQS Newswire – 28 August 2024 – A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its interim results for the six months […]

By Dr. Gyan Pathak Democratic compact between chief minister and Lieutenant Governor of Delhi has broken in the last ten years, LG VK Saxena has admitted in his opinion piece published in Indian Express on August 28, which is just an expression of the fact existing in all states and UTs where the opposition political […]

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 27 August 2024 -Beijing Ubox Online Technology Co., LTD. (“Ubox“) (SEHK stock code: 02429.HK) is pleased to announce the signing of a strategic partnership Memorandum of Understanding (MoU) with Siwar Foods Co., LTD. (“Siwar”) in Saudi Arabia. This collaboration will introduce advanced unmanned retailing technology for ready-to-eat (RTE) food to major cities in Saudi Arabia, including Riyadh, Jeddah, Mecca, […]

Russia’s Foreign Minister Sergey Lavrov criticized France for detaining Telegram founder Pavel Durov, claiming that the move was an attempt to gain access to the messaging app’s encryption codes. Lavrov’s remarks, which were made during a press briefing, have intensified the diplomatic tensions between Moscow and Paris, with Lavrov emphasizing concerns over freedom of speech and privacy. Durov, the creator of the popular encrypted messaging platform, was […]

Proposed an interim dividend of HK11.0 cents per share Highlights: Revenue increased by approximately 10.6% to approximately HK$1,393.7 million as compared with the Corresponding Period Last Year. Gross profit increased by approximately 11.6% to approximately HK$507.9 million as compared with the Corresponding Period Last Year, gross profit margin increased to approximately 36.4%. Profit attributable to owners of the Company increased by approximately 6.2% to approximately HK$122.6 million […]

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