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SINGAPORE – Media OutReach Newswire – 9 May 2024 – MAL Management is excited to announce the introduction of its new Single Family Office (SFO) and Variable Capital Company (VCC) services. MAL Management’s Single Family Office (SFO) services cater to the unique financial needs of businesses, providing comprehensive wealth management solutions tailored to their specific objectives. From strategic investment planning and asset allocation to tax optimisation and […]

Anchored in the Egyptian city of Al Arish, the UAE’s Floating Hospital has become a beacon of medical care for the Palestinian people in Gaza. The 100-bed facility, staffed by a team of 100 medical professionals, offers a range of crucial services, including surgery, emergency care, and diagnostics. This vital initiative reflects the UAE’s ongoing commitment to supporting the people of Gaza amidst the ongoing humanitarian crisis. […]

North Korea’s notorious Lazarus Group is suspected of laundering hundreds of millions of dollars in cryptocurrency over the past four years, according to blockchain researcher ZachXBT. The report, published this week, alleges that the state-backed hacking group has funneled roughly $200 million worth of stolen crypto into traditional fiat currency. The Lazarus Group has been linked to a string of high-profile cyberattacks in recent years, including the […]

e& UAE, a major telecommunications provider in the United Arab Emirates, has taken a significant step towards an AI-powered future. The company recently unveiled a white paper titled “Unleashing the Power of AI: How e& UAE is Shaping the Future of AI in Telecommunications and Beyond.” This document serves as a roadmap for integrating artificial intelligence into various aspects of their operations, aiming to revolutionize the telecom […]

Study highlights the divide between AI leaders and AI laggards illustrating value of unified data approach SINGAPORE – Media OutReach Newswire – 25 April 2024 – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its second annual Cloud Complexity Report. The report analyzes the experiences of global technology decision makers deploying AI at scale and shows a stark contrast between AI leaders and AI laggards. […]

Delivering an on-demand Infrastructure as-a-Service (IaaS) model, the new solution fast-tracks the deployment of high-density data centers to empower the adoption of leading high-performance technologies. Further strengthen Hong Kong’s role as an AI Innovation and FinTech Hub in the region. HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – NTT Com Asia Limited (“NTT”) today announced the launch of a new High Performance Computing […]

PARIS, FRANCE – Media OutReach Newswire – 19 April 2024 – VinFast Auto (Nasdaq: VFS) announces the signing of a cooperation agreement with Mobivia, one of Europe’s leading automotive repair and maintenance brands, expanding access to a comprehensive aftersales service network for VinFast customers in France and Germany. Through this cooperation, VinFast electric vehicle owners can access the high-quality aftersales services available at Mobivia’s network of 1,200 […]

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Ernst & Young (EY), a leading global accounting firm, has unveiled a novel approach to contract management, leveraging blockchain technology. Their solution, EY OpsChain Contract Manager, takes flight on the Polygon network, a high-speed blockchain platform, with a planned migration to the Ethereum blockchain in the future. Ultimately, EY envisions the system operating on layer-3 blockchains, a cutting-edge development offering enhanced scalability and privacy. EY OpsChain Contract […]

Residents in Abu Dhabi can breathe a sigh of relief as local authorities gear up for potential disruptions caused by adverse weather conditions. The Abu Dhabi Police have implemented a multi-pronged approach to ensure public safety during this time. A cornerstone of this plan is the deployment of additional police patrols across the emirate. These patrols will be tasked with closely monitoring road conditions, particularly during heavy […]

HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, shared a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. To assist IT professionals in addressing persistent pain points related to IT deployment in data centers […]

Arabian Post Special G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies’ collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will […]

Abu Dhabi Police Headquarters moved to assure the public of their preparedness for an approaching low-pressure weather system. In a statement released on April 16, 2024, officials confirmed the implementation of a comprehensive plan to safeguard public safety during any adverse weather conditions. The plan outlines the deployment of emergency response teams, the enforcement of traffic management protocols, and close collaboration with other relevant authorities. The Abu […]

Grafbase sets a new benchmark for API development, offering the most performant GraphQL Federation gateway on the market. With its developer-centric platform, Grafbase simplifies the API integration process, leveraging Federated Graphs and a TypeScript SDK to empower seamless, high-performance API deployments. San Francisco, California, United States – April 12, 2024 /MarketersMEDIA/ — As the digital landscape evolves, the demand for efficient, scalable API solutions has become paramount. […]

The European Union and the United States reaffirmed their commitment to working together on trade and technology issues in a recent meeting. The emphasis on collaboration comes amidst a complex geopolitical landscape, highlighting the importance of a strong transatlantic partnership. The two sides acknowledged that accelerating the digital and green transitions presents significant opportunities for economic growth and innovation. However, they recognize that these advancements necessitate close […]

Financial technology company Ripple is entering the stablecoin market with its own US dollar-backed digital currency. This move places Ripple directly in competition with established players Tether (USDT) and USD Coin (USDC), both of which are pegged to the US dollar. Analysts predict the global stablecoin market to balloon to over $2.8 trillion by 2028, up from its current valuation of $150 billion. Recognizing this potential, Ripple […]

The Ministry of Interior (MOI) of the United Arab Emirates (UAE) left a mark on the recently concluded World Police Summit, dazzling attendees with its exhibit of pioneering smart technologies designed to revolutionize police services. Themed “Unifying Global Police Efforts for a Safer Future,” the MOI’s pavilion served as a hub for showcasing advancements aimed at bolstering security systems and fostering international collaboration. Beyond static displays, the […]

DONGGUAN, CHINA – Media OutReach Newswire – 28 March 2024 – Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC Partner Connection Summit 2024. Huawei Cloud Asia Pacific hosted approximately 500 participants comprising partners from over 13 countries at its invitation-only partner event, held under the […]

Highlights of the Annual Results for the Year Ended December 31, 2023: The growing market demand for AI chips has led to a continuous rise in AI chip orders for Comtech, resulting in a total revenue of RMB8,863.4 million during the Year. In 2023, the gross profit amounted to approximately RMB1,029.9 million, with the net profit of approximately RMB319.9 million, and a profit attributable to equity shareholders […]

HONG KONG SAR – Media OutReach Newswire – 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to the construction of the banking system for more than 20 years, serving domestic and foreign banks. The Core banking system product IBS Core of Hi Sun servers for customers in more than […]

An accreditation of NTT’s vision and robust capabilities in the development and application of IoT, AI and smart technologies for the property sector in the future HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – As part of NTT Group, a world-leading telecommunications and ICT service provider, NTT Com Asia Limited (NTT) has been honored with the “PropTech Integration Company of the Year – […]

Abu Dhabi’s real estate giant, Aldar Properties, is revving its engine for expansion with plans to issue a sustainability-focused Islamic bond, or sukuk. This financing strategy aligns with the company’s commitment to environmental responsibility while bolstering its growth objectives. News of the potential green sukuk issuance comes after Aldar successfully launched its debut offering in this category last year, raising $500 million. The positive investor response, with […]

Leading full stack of AI supercomputing solutions unveiled at GTC 2024 SINGAPORE – Media OutReach Newswire – 21 March 2024 – ASUS today announced its participation at the NVIDIA GTC global AI conference, where it will showcase its solutions at booth #730. On show will be the apex of ASUS GPU server innovation, ESC NM1-E1 and ESC NM2-E1, powered by the NVIDIA MGX modular reference architecture, accelerating […]

TOKYO, JAPAN – Media OutReach Newswire – 19 March 2024 – THXNET., Japan’s premier Web3 enabler and a leading Web3aaS Plug & Play Blockchain Network ecosystem innovator, is excited to announce its strategic partnership with Coinweb, a distinguished layer 2 interoperability platform. This collaboration signifies a transformative leap in the development of Web3 ecosystems, leveraging THXNET.’s innovative Web3 solutions alongside Coinweb’s powerful infrastructure. To support this integration, […]

Abu Dhabi’s clean energy champion, Masdar, has struck a deal to acquire a 50% stake in Terra-Gen, a leading US renewable energy producer. This strategic move strengthens Masdar’s foothold in the booming American clean energy market and bolsters Terra-Gen’s growth trajectory. The acquisition, announced on March 19, 2024, sees Masdar acquiring the stake from Energy Capital Partners (ECP), a prominent investor in energy transition projects. ECP will […]

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