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Alibaba Cloud Announces New Availability Zones and Global Investment to Fuel AI Innovation

Gen-AI platform made available for international customers and enhanced partnerships announced for enriched eco-system to further support global customers PARIS, FRANCE – Media OutReach Newswire – 23 May 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced its plan to launch its first cloud region in Mexico, and to establish additional data centers in its key markets including Malaysia, the Philippines, Thailand, […]

Abu Dhabi National Oil Company Bolsters Coffers with $935 Million Share Sale

Arabian Post Staff – Dubai The Abu Dhabi National Oil Company (ADNOC) announced the successful completion of a secondary share sale in ADNOC Drilling, raising $935 million. This transaction, designed to broaden investor participation and enhance liquidity in the UAE’s equity market, follows ADNOC Drilling’s initial public offering (IPO) in 2021. The offering involved the placement of 880 million shares with institutional investors, representing 5. 5% of […]

Shorooq Partners Secures $100 Million for Second Mena Tech Fund

Shorooq Partners, a prominent venture capital firm in Abu Dhabi, announced the initial closing of their second private credit fund dedicated to financing technology companies in the Middle East and North Africa (MENA) region. This $100 million fund signifies Shorooq Partners’ commitment to fostering the burgeoning tech sector in MENA. The capital secured in this first close will allow Shorooq Partners to provide debt financing to high-growth […]

7-Eleven Presents: Launch of 30 designs of “Pokémon Builders”

Purchase $25 + $2 to redeem one Pokémon builder Free redemption is reintroduced now: Collect stamp to freely redeem 3 designs of Backpack HONG KONG SAR – Media OutReach Newswire – 23 May 2024 – Calling all friends who love Pokémon! Come to 7-Eleven in this early summer to embark on the journey of Pokémon trainer! 7-Eleven proudly presents the new “builders”, featuring different types of Pokémon, […]

NDA Losing Majority In 2024 Lok Sabha Polls Is A Distinct Possibility Now

Swiss GRC Tailors Software for MENA Market’s Needs

A Swiss governance, risk, and compliance (GRC) software company, Swiss GRC, has launched a solution designed specifically for organizations in the Middle East and North Africa (MENA) region. This move caters to the unique regulatory landscape and data residency requirements of the region. “We are thrilled to introduce our services to the MENA region, ” said Besfort Kuqi, Co-Founder and CEO of Swiss GRC. “Our solutions are […]

UAE, Saudi Arabia Top Green Bond Issuance in MENA Region

The United Arab Emirates (UAE) and Saudi Arabia emerged as the frontrunners in the Middle East and North Africa (MENA) region for issuing green bonds in 2023, collectively accounting for over $15. 4 billion, according to market reports. This surge in green bond issuance reflects a growing commitment from these countries to sustainable development and environmental initiatives. The UAE played a pioneering role, with Dubai issuing its […]

Vantage Data Centers Breaks Ground on First Campus in Japan

Hyperscale campus will include up to 68MW of capacity to support accelerating cloud computing and AI growth DENVER, USA and SINGAPORE – Media OutReach Newswire – 23 May 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has broken ground on its first data center campus in Japan (KIX1). Located in Ibaraki, Osaka, the greenfield campus will include up […]

Allianz Commercial: Shipping losses hit all-time low despite increasing risks for the whole sector

Allianz Safety and Shipping Review 2024: 26 large ships lost worldwide in 2023, down by one third year-on-year, the industry’s lowest ever total South China, Indochina, Indonesia and the Philippines is the main loss hotspot globally, accounting for almost of third of all losses at sea in 2023 War and geopolitical conflicts shake up the shipping industry, with a number of major consequences Climate risks on the […]

Crypto Exchanges Land Historic Registration with India’s Watchdog

In a landmark move, cryptocurrency giants Binance and KuCoin have secured registration with India’s Financial Intelligence Unit (FIU), marking the first time the country’s anti-money laundering watchdog has approved offshore crypto entities. This decision signifies a significant shift in India’s stance on the cryptocurrency industry, which previously saw a ban imposed on Binance and KuCoin alongside several other international exchanges. The registration news comes after a period […]

Saudi Oil Flows Like Never Before in Nine Months

Saudi Arabia’s crude oil exports surged to a nine-month high in March, according to data compiled by the Joint Organizations Data Initiative (JODI). This news comes amidst a complex global energy landscape, marked by fluctuating demand and production cuts from major oil producers. The Kingdom shipped 6. 41 million barrels per day (bpd) of crude oil in March, reflecting a 1. 5% increase from February’s figures. This […]

ACI World Assembly Paves Path for Greener Skies

The annual assembly of the Airports Council International (ACI) focused on charting a course towards a more sustainable future for the aviation industry. Key decisions were made to accelerate the industry’s transition to environmentally conscious practices, with a focus on infrastructure improvements, operational changes, and technological advancements. A central resolution adopted at the assembly pledged member airports to achieve net zero carbon emissions by 2050. This ambitious […]

Spackman Media Group Artist Wi Ha-jun’s Latest Romance K-Drama THE MIDNIGHT ROMANCE IN HAGWON Ranks First In Its Time Slot In Korea

Spackman Media Group artist Wi Ha-jun’s latest romance K-drama THE MIDNIGHT ROMANCE IN HAGWON premiered on Korea’s tvN on May 11 and its second episode ranked first in its time slot among both cable and terrestrial channels according to Nielsen Korea Headlined by Wi Ha-jun of Spackman Media Group, THE MIDNIGHT ROMANCE IN HAGWON is also available for streaming on OTT platforms such as TVING in Korea, […]

UAE President Recognizes World Leaders for COP28 Achievements

In a ceremony today, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, awarded the First Class Order of Zayed II to various international dignitaries. These awards acknowledged their significant contributions to the fruitful outcome of the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). COP28, hosted by the UAE in Abu Dhabi earlier […]

Bitbucket Flaw Uncovers Developer Secrets

Security researchers have uncovered a vulnerability in Bitbucket, a popular code repository hosting platform, that could expose sensitive authentication secrets. The flaw lies within Bitbucket’s artifact storage system, which allows developers to store files associated with their code. According to a report by Mandiant, a cybersecurity firm, the issue stems from how Bitbucket handles variables designated as “secured” within its pipeline. These variables are intended to safeguard […]

class=”first-token”>Abu Dhabi Islamic Bank Claims Top Banking Award

Abu Dhabi Islamic Bank (ADIB), a leading Islamic finance institution in the United Arab Emirates, secured the coveted title of “Most Advanced Bank in the United Arab Emirates” for 2011. The award recognizes ADIB’s dedication to providing innovative and high-quality banking solutions. The prestigious recognition was bestowed upon ADIB at a recent industry event. This achievement underscores ADIB’s position as a frontrunner in the UAE’s Islamic banking […]

U POWER Tech unveils tech and business model at ACT EXPO; forges partnerships with multiple North American enterprises

LAS VEGAS, USA – Media OutReach Newswire – 22 May 2024 – On May 20th, U POWER Tech, a smart electric vehicle (EV) technology company, made its debut at the Advanced Clean Transportation (ACT) Expo in the United States, announcing a collaboration with VIZEON, an electric vehicle distributor, to expand into North America, with the focus on Mexico and Latin American markets. The ACT Expo is North […]

Opinion Poll Ban Is No Deterrent For Politicians To Claim Round-Wise Tally Of Seats

A Look at WhatsApp Statuses

WhatsApp Statuses, a feature introduced in 2017, has become a ubiquitous mode of communication for the platform’s over two billion users. These ephemeral updates, disappearing after 24 hours, offer a glimpse into users’ lives through photos, videos, text, and even voice notes. The rise of Statuses can be attributed to its casual and impermanent nature. Unlike permanent posts on Facebook or Instagram, Statuses allow for a less […]

Crypto Exchange Bybit Surges Past 30 Million User Mark

Bybit, a leading cryptocurrency exchange by trading volume, has achieved a significant milestone, surpassing 30 million registered users globally. This remarkable feat comes amidst a period of exceptional growth for the company, solidifying its position as a frontrunner in the ever-evolving blockchain industry. Bybit’s user base has witnessed a substantial expansion in recent months. Just six months ago, the exchange boasted over 20 million registered users. This […]

DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem with their international expansion ambitions

Expanding global portfolio of EV Centers of Excellence by the Group SHANGHAI, CHINA – Media OutReach Newswire – 22 May 2024 – DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow their presence locally and globally. This marks the Group’s first EV Center of […]

Steps to Take After a Crypto Exit Scam

Falling victim to a cryptocurrency exit scam can be a devastating blow. These deceptive schemes lure investors in with promises of high returns, only to vanish abruptly with deposited funds. While recovering stolen crypto can be an uphill battle, there are steps you can take to try and reclaim your assets and hold the perpetrators accountable. The first crucial step is acting quickly. The longer scammers have […]

Yew Digital Lock Becomes Sole Authorized Dealer for Solity in Singapore

SINGAPORE – Media OutReach Newswire – 21 May 2024 – Yew Digital Lock, a leader in advanced security solutions, is proud to announce its new status as the sole authorized dealer for Solity in Singapore. This significant development is part of Yew Digital Lock’s commitment to providing cutting-edge digital lock technology and exceptional service to its customers. “Becoming the sole authorized agent for Solity in Singapore represents […]

New Regulations on Gold Assay Labs

The world of gold assay labs, responsible for determining the purity of gold, is bracing for a shift as stricter regulations are being drafted by international governing bodies. These regulations aim to ensure greater transparency, accuracy, and accountability within the gold supply chain. The impetus for this change stems from growing concerns about fraudulent practices and the infiltration of conflict gold – gold mined in areas of […]