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BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – On August 25th, at the Artificial Intelligence Empowering Future Industries and Organizational Development Forum during the World Robot Conference 2024 (WRC 2024), China’s first artificial intelligence standardization research institute—Beijing Artificial Intelligence Standardization Research Institute—was officially inaugurated in the Beijing Economic-Technological Development Area (also known as Beijing E-Town). The unveiling ceremony was attended by Gao Niandong, Deputy […]

BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – As a pioneer in high-quality development for the new era, Beijing E-Town (BDA) is seizing the opportunity to lead the development of the embodied intelligent robot industry. The plan is to build a domestically leading and internationally first-class demonstration city for the embodied intelligent robot industry in two steps. “By the end of 2026, we aim […]

BEIJING, CHINA – Media OutReach Newswire – 27 August 2024 – On August 21, the highly anticipated World Robot Conference 2024 (WRC 2024) grandly opened at the Beijing Etrong International Exhibition & Convention Center, once again drawing global attention to the Beijing Economic-Technological Development Area (Beijing E-Town). As the main hub for high-end industries in the capital, Beijing E-Town has fully utilized the platform of WRC to […]

Qemtex Chemical Holding has launched a new powder coatings manufacturing plant in the Umm Al Quwain Free Trade Zone, marking a significant expansion for the UAE-based multinational industrial group. This latest venture aims to enhance the company’s footprint in the global market by offering a diverse range of powder coatings for architectural, industrial, and specialized applications. The new facility is equipped with advanced technology designed to support […]

Investors are often spooked by market volatility, with recent events like the 1,000-point drop in the Dow Jones Industrial Average on August 5, serving as a stark reminder of the stock market’s inherent unpredictability. When headlines are filled with dramatic losses and tales of impending market crashes, it’s easy to see why some investors might feel the urge to flee to safer ground. But savvy investors, especially […]

By Nantoo Banerjee Union Finance Minister Nirmala Sitharaman’s advice to government-controlled banks to launch special drives to step up deposit mobilization to catch up with the demand for loans may give a wrong impression that the public sector bank (PSB) management does not know the basic principles of banking. How can a PSB mobilise enough […]

BEIJING, CHINA – Media OutReach Newswire – 26 August 2024 – The first comprehensive robot exhibition center in Beijing, “Robot World,” has established a permanent exhibition hall. The National Robot Testing and Evaluation Center (Headquarters) Beijing Evaluation Center provides authoritative domestic and world-class testing and certification services. The Beijing Embodied Intelligence Robot Innovation Center focuses on solving common industry challenges in the development of key embodied intelligence […]

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BEIJING, CHINA – Media OutReach Newswire – 26 August 2024 – After achieving the world’s first humanoid running with a full-sized pure electric humanoid robot, “Tiangong” has demonstrated new skills. Walker S Lite has started its training in automotive smart factories, and the world’s first orthopedic surgical robot equipped with AI deep learning technology has been unveiled. Soft robots have also broken through industrial application bottlenecks. On […]

A new venture, Waad Investment, has been established by a coalition of private investors and family offices from Saudi Arabia, marking a significant development in the region’s investment landscape. The firm is set to inject 750 million riyals (approximately $200 million) into growth-stage startups, aiming to bolster innovation and entrepreneurship in the Middle East. Waad Investment’s mission is to provide critical financial support to promising startups across […]

MOSCOW, RUSSIA – Media OutReach Newswire – 23 August 2024 – The National Rating Agency (NRA) has awarded its highest ESG rating, AAA.esg, to SIBUR, Russia’s largest producer of polymers and rubber, making it the first company in the country, including non-industrial companies, to earn this distinction. The AAA.esg rating indicates that SIBUR has fully integrated sustainability into its operations and excels in terms of its compliance […]

The tournament attracted 1,000 Malaysian participants in four states (Kuching, Johor, Penang and Kuala Lumpur) Malaysian Grand Finals winners competed against counterparts from Indonesia, the Philippines, Thailand and Vietnam as a new addition to this year’s tournament Malaysian Paris 2024 Olympics badminton men’s doubles heroes Aaron Chia and Soh Wooi Yik made a special appearance as a bonus for participants KUALA LUMPUR, MALAYSIA – Media OutReach Newswire […]

SHENZHEN, CHINA – Media OutReach Newswire – 24 August 2024 – The elexcon2024 Shenzhen International Electronics Show hosted by Shenzhen Creativity Exhibition Co., Ltd. will open in Shenzhen Convention and Exhibition Center (Futian) from August 27 to 29,2024. The exhibition brings together the global electronics technology elites, comprehensively displaying the latest full-stack technologies and products, and aiming to promote the recovery of the electronics industry and meet […]

Emirates Global Aluminium (EGA) has announced its decision to acquire Spectro Alloys, a prominent US-based recycled aluminum company. This strategic move is set to enhance EGA’s recycling capabilities and support its sustainability goals by increasing the volume of recycled material in its production processes. The acquisition, valued at approximately $200 million, aligns with EGA’s broader strategy to integrate more sustainable practices into its operations. Spectro Alloys, known […]

VinFast is counting on excellent warranty and aftersales support to dispel doubts about EV reliability and drive adoption. With a 10-year warranty on both vehicle and battery, the Vietnamese automaker is setting a new standard for consumer confidence in the electric vehicle market. HANOI, VIETNAM – Media OutReach Newswire – 23 August 2024 – The electric vehicle (EV) market is at a crossroads. While overall sales have […]

HONG KONG SAR – Media OutReach Newswire – 23 August 2024 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions, and hinges/positioning technology, has introduced a new line of compression latches that have been optimized to provide a simple and affordable solution for enclosure applications that require basic compression. The […]

Illuminating a collection of seven artworks by renowned artists and eight public art benches by designers – offering shoppers and art enthusiasts a unique community-inspired artistic experience SINGAPORE – Media OutReach Newswire – 22 August 2024 – One Holland Village mall has unveiled its latest artwork, Singapore Sun by Dale Chihuly. Situated at the mall’s Village Green, the stunning artwork rounds up the carefully curated medley of […]

Private Housing Estate to Host Groundbreaking Field Test of Self-driving Right-Hand Drive Vehicle HONG KONG SAR – Media OutReach Newswire – 22 August 2024 – The Automotive Platforms and Application Systems R&D Centre (APAS) announced that “5G-enabled Autonomous People Mover Service in a Residential Park” pilot programme has officially launched following approximately two years of meticulous planning and technological research, like the collection of high-definition maps, artificial […]

British pound strengthened sharply following a surge in PMI data, climbing to $1.3129, the highest level since July 2023. The pound’s upward momentum was bolstered by encouraging economic indicators, outpacing its performance against the euro and reaching a peak not seen since April 2022 if it surpasses the $1.3143 mark. The robust performance of the pound reflects investor confidence in the UK economy, as recent PMI figures […]

XIONG’AN, CHINA – Media OutReach Newswire – 22 August 2024 – Over the past seven years since its establishment, Xiong’an New Area in Hebei Province, north China, has intensified efforts to relieve Beijing of functions non-essential to its role as China’s capital, with the demonstration effect of central enterprises clustering initially emerging. The market economy vitality has continued to burst forth, with the rapid development of the […]

Saudi Arabia has decided to continue covering the fees for expatriate workers in the industrial sector until December 31, 2025, as part of its broader economic reforms under Vision 2030. This decision, made during a recent meeting of the Saudi Cabinet in Jeddah, reflects the government’s ongoing efforts to stimulate growth, attract investment, and increase employment opportunities for Saudi nationals in the industrial sector. Originally introduced in […]

Winner is TUX mobility, an innovative startup in solar-powered cargo vehicle DHL Fast Forward Challenge: Sustainable Solutions Asia Pacific edition is the fourth edition in the series and was recently held in Singapore Three innovators were shortlisted as finalists, who will work with DHL to provide expert support in implementing the technology in Asia Pacific SINGAPORE – Media OutReach Newswire – 22 August 2024 – DHL has […]

Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, has made a strategic investment in Yondr Group, a prominent UK-based data centre developer. This move is part of Mubadala’s broader strategy to expand its digital infrastructure portfolio, which has seen significant growth over the past few years. Yondr Group, known for its innovative approach to building scalable and sustainable data centres, operates across Europe, the Americas, […]

Police in Ras Al Khaimah have uncovered a significant cache of counterfeit products valued at Dh23 million during a coordinated raid that resulted in the arrest of three individuals. The operation, which targeted a warehouse in an industrial area of the emirate, exposed a vast array of fake goods, including make-up, toiletries, and cleaning products, all of which were intended for sale within the region. The seized […]

A groundbreaking partnership has been announced between the Abu Dhabi National Oil Company (ADNOC), Malaysia’s PETRONAS, and Storegga, a leading player in carbon capture and storage (CCS) technology. This collaboration marks a significant step forward in the development of offshore CCS projects, aimed at reducing global carbon emissions and advancing the transition to cleaner energy solutions. The joint venture focuses on a new offshore CCS project located […]

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