By Anjan Roy The latest inflation data, released by the union government on Monday, shows price rise at a lowest clip since 2019. This is good news. But it raises a series of questions as well. The last figure shows overall inflation rate of 3.54 per cent in July 2024, which is far lower than […]
The proprietary trading platform and educational resources KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 13 August 2024 – Octa, a globally recognised financial broker, celebrates its 13th birthday while reviewing its most prominent achievements and outlining high-level plans. This summer, we at Octa celebrate our 13th anniversary of providing high-value e-brokerage services worldwide. Throughout this long and successful track record in the financial markets, we have […]
Woodside Energy CEO Meg O’Neill has been recognized by the African Energy Chamber for her unwavering commitment to harnessing Africa’s oil and gas resources for inclusive growth JOHANNESBURG, SOUTH AFRICA – EQS Newswire – 13 August 2024 – The African Energy Chamber (AEC) – as the voice of Africa’s energy sector – is honored to announce Meg O’Neill, CEO and Managing Director of Woodside Energy, as “Energy […]
The wires and cables sector is increasingly focusing on reducing its environmental impact by embracing decarbonization and sustainability practices. As the global market is projected to grow from $258.42 billion in 2024 to $321.58 billion by 2028, industry leaders are turning their attention to innovative technologies and materials that align with the global push towards carbon neutrality. Central to this transformation is the adoption of renewable energy […]
Excelling in Green Business Practices in line with United Nations Sustainable Development Goals HONG KONG SAR – Media OutReach Newswire – 13 August 2024 – SUNeVision Holdings Ltd. (“SUNeVision”; SEHK: 1686), the number one data centre provider and connectivity hub in Hong Kong, has been honoured with the Sustainable Organisation Merit Award in the UNSDG Achievement Awards Hong Kong 2024 organised by the Green Council, making it […]
Goldman Sachs has become the first Wall Street bank to secure a license for a regional headquarters in Riyadh, marking a significant milestone in Saudi Arabia’s bid to attract foreign investment. As part of Vision 2030, the kingdom is leveraging its financial clout to lure global firms, including asset management giant BlackRock, which has also set up operations in Riyadh. This shift highlights Saudi Arabia’s growing influence, as the country implements strict regulations requiring firms to establish a regional base to compete for state contracts. The move underscores a broader trend of global financial institutions pivoting towards the Middle East, driven by the region’s vast wealth and strategic reforms.
“Cultural Commerce” experience at K11 MUSEA fuels 10% surge in tourist spending HONG KONG SAR – Media OutReach Newswire – 12 August 2024 – Victoria Dockside, K11 Art and Cultural District in Hong Kong, shone brightly again as the global debut stage of a world-class mega event – the highly anticipated “100% DORAEMON & FRIENDS” exhibition, presented by creative brand AllRightsReserved (ARR) in collaboration with Fujiko Pro. […]
K Raveendran It was clear to everyone that SEBI was stonewalling a proper investigation into the charges levelled by the Hindenburg report, except those who had other reasons to pretend otherwise. But there was no clarity as to why SEBI was doing so. Now that Hindenburg has disclosed SEBI chairperson’s and her husband’s investment in […]JAKARTA, INDONESIA – Media OutReach Newswire – 12 August 2024 – The UK today announced the first recipients of its ASEAN-UK SAGE Women in STEM Scholarships, awarded under the ASEAN-UK Supporting the Advancement of Girls’ Education (SAGE) Programme. Launched earlier this year, this new scholarship scheme aims to address gender disparities in access to science, technology, engineering, and mathematics (STEM) education and careers across ASEAN countries and […]
Emirates Water and Electricity Company (EWEC) has launched a groundbreaking initiative, offering Clean Energy Certificates (CECs) for wind energy produced under the UAE’s first utility-scale Wind Programme. The certificates, which are now available for purchase, mark a significant milestone in the UAE’s commitment to diversifying its energy mix and achieving sustainability goals. For the first time, organizations across the UAE can purchase CECs specifically for wind-generated power. […]
Riyadh Air has introduced its inaugural electric bus as part of a broader initiative to enhance sustainable transportation in the city. This launch marks a significant step in the airline’s commitment to reducing carbon emissions and promoting environmental stewardship. The electric bus, developed in partnership with leading green technology firms, aims to reduce the city’s reliance on fossil fuels and lower greenhouse gas emissions. The vehicle is […]
Net Revenues increased by 27% to 96.6 (76.2) €m 26% fx adjusted Organic Revenue Growth (Q2’23: 1%) 33% increase in number of Software Clients to 851 (Q2’23: 642) 24% increase in Ad Impressions to 224 billion (Q2’23: 181 billion) Adjusted EBITDA increased by 37% to 29.1 (21.3) €m Structurally improved EBITDA margin of 30% (Q2’23: 28%) due to growing operating leverage Adjusted Net Debt Leverage Ratio reduced […]
Iran’s Vice President for Strategic Affairs, Mohammad Javad Zarif, resigned from his post following disagreements over the composition of the new cabinet under President Masoud Pezeshkian. Zarif, who previously served as Iran’s Foreign Minister, was appointed to the strategic role just over a week ago. However, his resignation came shortly after the list of ministerial nominees was submitted to parliament, a move that has sent shockwaves through the political landscape in Tehran.
Zarif expressed his dissatisfaction with the selection process, stating that the majority of the nominees were not the first choices recommended by the steering council he led. Despite reviewing over 1,000 candidates, Zarif revealed that only three of the 19 selected ministers aligned with the council’s top recommendations. His frustration was further compounded by the failure to fulfill promises regarding the inclusion of women, youth, and ethnic minorities in the new cabinet, which were key elements of Zarif’s vision for the government.
In his resignation statement, Zarif emphasized that the final ministerial list did not adequately reflect expert opinions, which ultimately led to his decision to step down. He expressed gratitude to President Pezeshkian for the opportunity to serve but indicated that he would now return to academia, where he has been a professor at the University of Tehran since leaving his role as Foreign Minister.
The resignation comes at a critical time for the Pezeshkian administration, which is facing significant challenges both domestically and internationally. The parliament is scheduled to begin scrutinizing the ministerial nominees before a vote of confidence on August 17. Zarif’s departure is likely to complicate these proceedings and raises questions about the stability and future direction of the new government.
Zarif, a veteran diplomat, played a significant role in negotiating the 2015 nuclear deal and has been a prominent figure in Iranian politics for decades. His resignation is a blow to the Pezeshkian administration, which had hoped to leverage Zarif’s extensive experience and diplomatic acumen. The former Foreign Minister’s decision to step down underscores the deep divisions within the Iranian political establishment as it navigates the complexities of forming a new government.
This development marks the end of Zarif’s direct involvement in Iran’s domestic politics, at least for the foreseeable future, as he returns to the academic world. The impact of his resignation on the Pezeshkian administration and the broader political landscape in Iran will be closely watched in the coming weeks.
Remedy Entertainment has announced a notable increase in revenue and improved profitability for the first half of 2024, signaling a positive financial trajectory. This growth is attributed to several factors, including the success of their latest title, *Alan Wake 2*. Despite the game not yet generating royalties, Remedy has effectively recouped the majority of the development and marketing costs associated with its release last October. The financial […]
The partnership between Crypto.com and the Abu Dhabi Combat Club (ADCC) for the 2024 World Submission Grappling Championship marks a significant development in the world of combat sports. This collaboration not only highlights the increasing intersection between cryptocurrency and traditional sports but also underscores Crypto.com’s expanding influence in global athletic events. The ADCC, renowned for its prestigious grappling tournaments, attracts top athletes from around the world, making […]
TUXEDO Computers has unveiled its first convertible laptop running Linux, marking a significant milestone in the tech industry. The TUXEDO Book X, a versatile 2-in-1 device, combines the flexibility of a convertible design with the power of Linux, appealing to tech enthusiasts and professionals seeking a high-performance alternative to traditional operating systems. The TUXEDO Book X features a 360-degree hinge, allowing users to switch seamlessly between laptop […]
Arabian Post Staff TECOM Group PJSC, a prominent operator of Dubai’s specialized business districts, has reported a significant 24% increase in its net profit for the first half of 2024, reaching AED 603 million. This growth, up from AED 485 million in the same period last year, highlights the group’s robust financial health and strategic positioning in Dubai’s economy. The group’s revenue rose by 9% year-on-year to […]
Advanced cloud-based initiatives help enhance spectator experience while helping with sustainability planning for future hosting cities PARIS, FRANCE – Media OutReach Newswire – 12 August 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has harnessed the power of its cloud technologies to drive multiple initiatives throughout the Olympic Games Paris 2024 (Paris 2024). These efforts were made to empower media professionals in […]
The United Arab Emirates’ In-Country Value (ICV) program has significantly bolstered the national economy, channeling $13 billion within the first half of 2024. This substantial redirection of funds underscores the UAE’s commitment to enhancing local industry capabilities and reducing dependence on foreign goods and services. The ICV program, introduced to stimulate economic growth and enhance the contribution of local companies to government contracts, has made notable strides. […]
By Dr. Gyan Pathak Prime Minister Narendra Modi has thrown his hat into the quota within quota ring, that is set by a recent Supreme Court verdict. Though the verdict has allowed a structured reservation policy for SC in job and education by subcategorization of more backward castes for sub-quota relative to other castes in […]HONG KONG SAR – Media OutReach Newswire – 8 August 2024 – Society relies heavily on diverse fluidic technologies. The ability to precisely capture and release various chemical and biological fluids plays a fundamental role in many fields. A long-standing challenge is to design a platform that enables the switchable capture and release of liquids with precise spatial and temporal control and accurate volumes of the fluid. […]
American voters are deeply divided over which presidential candidate, Donald Trump or Kamala Harris, would better address the economic concerns of middle and lower-income families. The rift comes as neither candidate has fully unveiled a comprehensive economic platform, leaving much of the debate centered on perceptions and historical party positions rather than detailed policy proposals. A series of polls conducted over the past month reveal that many […]
A puzzling noise emanating from beneath the ground in Wayanad, Kerala, has incited widespread concern among local residents and authorities. This unsettling sound follows a major landslide that recently impacted the region, prompting fears of further geological instability. The source of the noise, described as a deep, rumbling sound, was first reported by villagers living near the landslide site. Authorities have been on high alert as the […]
By K Raveendran When the Supreme Court Chief Justice of Supreme Chandrachud says people are fed up with the way our courts function, there cannot be a more serious indictment of the judicial system. His assertion that the judiciary should not be an institution run solely by judges for judges is a significant critique that […] 
