HONG KONG SAR – Media OutReach Newswire – 5 December 2025 – Those prioritizing safety and security now have a cost-effective option. Southco’s E3 VISE ACTION® Compression Latch with Visual Indicator is now available in zinc. The latch features red, reflective indicator wings that can be easily viewed when open, allowing latch status to be monitored at all times. This offering further expands the line of MAKE […]
Cushman & Wakefield Experts Share Market Insights at MIPIM Asia Summit HONG KONG SAR – Media OutReach Newswire – 4 December 2025 – China’s Real Estate Investment Trust (C-REIT) market is entering a transformative phase, marked by rapid expansion in issuance size, diversification into emerging asset classes, and rising institutional investor confidence. Since its inception, the market has grown to reach a total issuance scale of RMB207 […]
Seamless Access Across Time Zones with Preferential Brokerage Fee HONG KONG SAR – Media OutReach Newswire – 4 December 2025 – Dah Sing Bank, Limited (“the Bank”) announced the extension of its US stock trading service to 24 hours*, offering investors round-the-clock trading experience. The US equity market remains the largest globally by market capitalisation and continues to be a key focus for investors. In recent years, […]
By Dr. Gyan Pathak When Indian rupee was falling in the Mumbai market against US dollar on Wednesday, December 3, 2023 – sliding past the 90-a-dollar mark for the second day, plumbing a new low of 90.29 in the morning trade after opening flat at 89.96, analysts were pegging the next level for the beleaguered […]
The article CEA’s Calmness Over Steep Fall Of Rupee Ignores Key Risks To India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Saudi energy giant Saudi Aramco has begun output from the first phase of its vast Jafurah gas field, signalling a major milestone in the Kingdom’s shift toward natural gas. The project, valued at around $100 billion, has an initial production capacity of 450 million cubic feet per day, according to the Saudi Finance Ministry’s 2026 budget statement.
The field holds an estimated 229 trillion standard cubic feet of raw gas along with 75 billion stock tank barrels of condensate—making Jafurah the largest non-associated gas development in Saudi Arabia and among the largest shale-gas plays outside the United States.
Completion of the first development phase allows Aramco to begin supplying sales gas domestically. The company plans to ramp production gradually and aims to reach a sustainable output of 2 billion cubic feet per day by 2030.
To support its gas-processing infrastructure, Aramco earlier sealed an $11 billion lease-and-leaseback agreement with a consortium led by Global Infrastructure Partners, part of BlackRock. Under the deal, a newly formed subsidiary, Jafurah Midstream Gas Company, will lease the processing and fractionation facilities — which Aramco will then lease back for a 20-year period. Aramco retains majority ownership with a 51% stake, while the investor group holds 49%. The transaction is designed to inject capital without constraining production volumes.
Aramco’s move reflects a broader strategic shift. By ramping up gas production, the company aims to reduce domestic reliance on crude oil for power generation — thereby freeing more crude for export. Gas from Jafurah is expected not only to meet domestic power and utility needs but also to provide feedstock for petrochemicals, hydrogen, and potentially emerging sectors such as AI data-centres.
Analysts view Jafurah as a potential game-changer for both Saudi Arabia and global gas markets. With reserves comparable to major U. S. shale plays and a projected daily output of 2 bcf by 2030, the project could make Saudi Arabia a more prominent natural-gas exporter or LNG player — a significant rebalancing from its traditional role as an oil-dominated supplier.
Through this transformation, Aramco underlines its long-term aim of reinventing its energy portfolio — aligning with efforts to diversify the country’s economy and meet shifting global demand patterns.
SINGAPORE – Media OutReach Newswire – 4 December 2025 – Venture Cars, a parallel car importer in Singapore, has introduced a new lease-to-own programme aimed at making car ownership more accessible amid rising Certificate of Entitlement (COE) costs in Singapore. The initiative offers an alternative route to ownership by allowing customers to lease a brand-new car for a fixed period before buying it over at the end […]
Brooge Petroleum and Gas Investment Company, a subsidiary of shipping and logistics firm Gulf Navigation, has finalised an agreement to launch front-end engineering design for a new refinery in Fujairah aimed at producing Euro 5-grade gasoline from naphtha. The first phase of the project is expected to yield around 15,000 barrels per day. Under the agreement, BPGIC will work with PEG to steer the FEED stage — […]
An East-meets-West digital fashion experience — uniting Paris Fashion Week insights with local talent in a fun, future-forward showcase for all ages, driving Hong Kong’s digital economy From 22 November – 2 December 2025 at AIRSIDE Gate33 Gallery HONG KONG SAR – Media OutReach Newswire – 4 December 2025 – Organised by the Hong Kong Design Centre (HKDC), curated by digital fashion innovator FabriX, and sponsored by […]
HONG KONG SAR – Media OutReach Newswire – 3 December 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform, announces the publication of the industry’s first Unified Global B2B Trade Settlement Network and Risk Control Platform Whitepaper. The whitepaper presents an end-to-end framework designed to resolve long-standing inefficiencies in B2B cross-border payments and establish a secure, scalable, and standardized global trade infrastructure for SMEs. X-Net, a […]
By K Raveendran The steady erosion of trust between political parties and the Election Commission has become one of the more troubling developments in India’s democratic life, revealing an institutional drift that carries implications well beyond a single electoral cycle. The body entrusted with safeguarding the integrity of elections is expected to serve as an […]
The article An Election Commission That Treats Critics As Enemies Has No Place In Democracy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
A petition invoking the Sam Altman for living sainthood as “Patron Saint of Subsidised Layoffs” has gained traction across social-media networks, framing his stewardship of OpenAI as a kind of moral crusade against job displacement. The campaign draws on claims that OpenAI is enduring heavy financial losses—allegedly burning $2.25 for every dollar earned—while investors such as Microsoft underwrite costs that critics say pave the way for companies […]
Yacht Club Games faces a critical juncture as the forthcoming release of Mina the Hollower could determine whether the studio remains solvent. Co-founder Sean Velasco described the stakes plainly: “It’s make-or-break for sure.” The firm needs strong sales — preferably 500,000 copies, with 200,000 viewed as a minimum threshold — in order to guarantee future projects and preserve its independence. Development of Mina the Hollower has been […]
The grip of Chromium on the global browser ecosystem has grown so wide that many users now assume every modern browser is built on Google’s open-source architecture. That perception has taken root partly because major names such as Microsoft Edge, Opera, Brave, Vivaldi and Arc all rely on Chromium’s Blink rendering engine, creating a sense that browsing itself has become synonymous with Google-aligned foundations. The dominance is […]
Greenlogue/AP New Murabba, the massive urban redevelopment project in Riyadh, has formalised a partnership with the US Green Building Council to embed global sustainability standards into its design, construction and operations. The memorandum of understanding signed between the two organisations establishes a framework to explore how international systems such as LEED — including its latest LEED v5 as well as LEED for Communities — can be applied […]
Geopolitical and macroeconomic uncertainty, tariffs, and cyber risks pose liability challenges for the boards of corporations of all sizes. The increasing number of insolvencies around the globe is becoming a major issue for executives. Claims severity and settlement costs are increasing, especially in the US, while the commercial financial lines insurance market remains highly dynamic. SINGAPORE – Media OutReach Newswire – 3 December 2025 – Around the […]
HONG KONG AND SHANGHAI, CHINA – Media OutReach Newswire – 2 December 2025 – Following the recent tragic fire at Wang Fuk Court in Tai Po, Hang Lung Group and Hang Lung Properties (“Hang Lung”) today open the application for rent-free transitional accommodation from their HK$11 million “Tai Po Wang Fuk Court Fire Relief Fund” to provide relief and support for affected residents. The “Kornhill Apartments Transitional […]
By Nitya Chakraborty What is happening to the INDIA Bloc which gave just a big jolt to the Prime Minister Narendra Modi and his NDA in 2024 Lok Sabha elections? The BJP for the first time since the taking over of Narendra Modi as PM failed to get majority and was forced to form a […]
The article Next Round Of Elections Are Just Five Months Away – Where Is The INDIA Bloc Doing? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Abu Dhabi-headquartered Mubadala Energy and PLN Energi Primer Indonesia have formalised a Heads of Agreement to supply natural gas from the Andaman Sea, a step set to reshape Indonesia’s energy supply landscape. The arrangement centres on output from the Tangkulo gas field, located roughly 65 kilometres off North Sumatra, which is estimated to hold over two trillion cubic feet of gas-in-place. Under the pact, resources from Tangkulo […]
OceanX has completed its first research mission in Timor-Leste, carrying out fourteen days of integrated science and exploration across the northern coast and Atauro Island region. Dili, Timor-Leste – Media OutReach Newswire – 2 December 2025 – The mission brought together scientists from KAUST, the University of Florida, the University of Western Australia, and Timorese counterparts to investigate biodiversity, whale ecology, and seafloor structure in one of […]
Smartphone makers in India have been instructed by the telecom ministry to preload a government-owned cybersecurity app on all new devices sold in the country, blocking users from deleting the application once installed. Under a directive issued on November 28, companies such as Apple, Samsung, Vivo, Oppo and Xiaomi have been given a 90-day window to ensure all handset models destined for India include the Sanchar Saathi app. For devices already in the retail pipeline or those awaiting sale, manufacturers must deliver the app via over-the-air software updates and ensure it appears prominently during first-use setup.
Authorities say the app plays a key role in telecom security by giving users tools to verify device authenticity through IMEI checks, report suspected thefts or fraud, and block lost or stolen phones. Since the app’s launch in January 2025, government data indicates it has helped recover over 700,000 lost devices and block millions of connections flagged as fraudulent. Officials argue that this move is critical to counter growing misuse of duplicate or tampered IMEI numbers—a problem that fuels scams and the resale of stolen phones across India’s vast second-hand device market.
This mandate marks the first time the government has required a permanently installed, non-removable application on all smartphones sold in the country. The decision reflects a broader tightening of regulatory oversight over telecom infrastructure and device authenticity, drawing parallels with security measures in other jurisdictions.
The requirement has triggered sharp criticism from technology companies and privacy advocates alike. For example, the policy of Apple prohibits pre-installation of third-party or government apps prior to device sale—an approach that could force the company to either seek exemptions or find workarounds. Industry representatives have warned that the mandate may strain compliance operations, increase production costs, and undermine relationships with handset vendors.
Beyond logistical concerns, digital rights groups argue the rule tramples on user consent and privacy. Critics contend that embedding a state-run app with potentially broad access on every phone amounts to unwarranted surveillance and sets a troubling precedent. Some lawmakers and civil liberties advocates dubbed the move “a Big Brother measure,” warning that once entrenched, such mandates could be expanded further, eroding individual privacy without adequate data-protection safeguards.
Amazon has begun shipping its most advanced phased-array terminal, dubbed Leo Ultra, to select enterprise customers as part of a preview programme for its satellite broadband service Amazon Leo — the rebranded successor to Project Kuiper. The company claims the terminal can deliver download speeds up to 1 gigabit per second and upload speeds reaching 400 megabits per second, representing a bold push to challenge incumbent players […]
The all-electric championship ABB FIA Formula E World Championship rolled into Jeddah’s Corniche Circuit for its first-ever double-header round, delivering a pair of night races under floodlights that combined high-speed action with a strategic twist. The event marked the debut of PIT BOOST, a mid-race 600 kW fast-charging stop that injects roughly 10 percent extra energy into the cars — a shift set to redefine Formula E’s competitive dynamics.
Drivers navigated the 3.001-kilometre layout of the Jeddah Corniche Circuit — adapted for Formula E with 19 turns and modified chicanes to test energy management and overtaking skill. In Round 3, pole-sitter Maximilian Günther of DS Penske held off rivals across a chaotic mid-race charge stop to secure victory, with Oliver Rowland and Taylor Barnard completing the podium. Gundther also posted the fastest lap during the race.
Round 4 turned tactics upside down when Rowland turned pole position into a commanding win, while Barnard and Jake Hughes clinched second and third. The contrasting race results underlined how PIT BOOST can influence race outcomes dramatically — positioning at the start matters less when energy strategies diverge mid-race.
PIT BOOST compelled all 22 drivers to make a mandatory stop for a 30-second battery recharge, adding roughly 3.85 kWh mid-race. Only one car per team may use the charging rig at a time, and no mechanical work is permitted during the stop. The concept, first mooted several seasons ago, had been delayed until technical and safety standards were satisfied.
Organisers believe this innovation will bring Formula E’s technological mission full-circle — showcasing fast-charging EV tech on the track that could accelerate adoption in road-going electric vehicles. Critics warn, however, that the 30-second pit stops risk breaking the flow of close racing, as cars may emerge at very different times and spread the field. Teams will need to master pressure-packed decisions on when exactly to pit as well as how to deploy the extra energy — a decision that could make or break a race.
Merck & Co has agreed to acquire Cidara Therapeutics for approximately $9.2 billion, paying $221.50 per share in cash to acquire all outstanding Cidara stock. The deal secures for Merck access to Cidara’s lead candidate, CD388, a long-acting antiviral designed to prevent influenza A and B infections, particularly among individuals at elevated risk of complications. CD388 is currently undergoing Phase III trials after earlier data demonstrated promising […]
Ghana’s central bank is preparing to implement a formal framework for non-interest banking, signalling the country’s first comprehensive move toward Islamic banking, capital markets and takaful insurance. Under the plan, conventional lenders will receive training in Sharia-compliant financial services to equip them to offer non-interest products. The shift reflects growing interest from banks and regulators in providing ethical, risk-sharing alternatives to conventional interest-based banking. The process is […]
