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In a move signifying its ambition to become a prominent player in the Middle East and North Africa (MENA) region, India’s leading cryptocurrency exchange CoinDCX has acquired Dubai-based BitOasis. The acquisition, finalized on July 3, 2024, marks CoinDCX’s first major international expansion and strengthens its position in the burgeoning global crypto market. This strategic move comes on the heels of CoinDCX’s initial investment in BitOasis last August. […]

The German government has thrown a wrench into the planned sale of Volkswagen subsidiary MAN Energy Solutions’ gas turbine division to a Chinese company, citing national security concerns. The decision, announced on Wednesday, comes after months of scrutiny by German officials who viewed the deal with suspicion. MAN Energy Solutions, a leading developer and manufacturer of industrial gas turbines, had announced its intention to sell the division […]

Office market net absorption remained positive, high street vacancies stabilized The Hong Kong Grade A office market recorded growth for the third consecutive quarter, with overall net absorption remaining positive at 318,000 sq ft in Q2. Nevertheless, office rents remained under pressure due to the lifted availability rate, dropping 1.5% q-o-q. The overall high street vacancy rate stabilized, and rents continued to record low single-digit growth rate […]

OPEC’s oil output defied expectations in June, rising for the second consecutive month according to a Reuters survey. This increase comes despite ongoing production cuts implemented by the wider OPEC+ alliance, which includes major non-OPEC producers like Russia. The survey, which tracks oil supply to the market and is based on industry sources and shipping data, revealed that OPEC’s 12 member countries collectively pumped 26. 7 million […]

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – IX Capital International Limited has released the Asset Tokenisation Standard Discussion Paper. Over the years, tokenised bonds have gained popularity. As of the end of March 2023, the total issuance of tokenised bonds globally reached US$3.9 billion, with approximately 90% of these tokenised bonds were issued between 2021 and 2023. The Asset Tokenisation Standard (“Standard”) […]

The adorable new rising star “CHOONSIK” is set to showcase his talents, leading a team of original characters to compete joyfully across four major venues. A highlight will be the highly popular 5-meter-tall inflatable CHOONSIK trophy making its grand appearance. HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – In the summer of 2024, the world’s attention will be focused on the highly anticipated […]

This marks the ninth consecutive year to attain the Best Workplaces™ in Hong Kong HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – DHL Express, the world’s leading international express service provider, has been named the No. 1 ‘Best Workplaces™ in Hong Kong 2024’ by Great Place to Work®. This marks the first time DHL Express has achieved the top position, and the ninth […]

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Saudi Arabia’s energy sector received a significant boost on July 1st with the announcement of seven new oil and gas discoveries. The finds, spread across the kingdom’s Eastern Province and the vast Empty Quarter desert, highlight the continued potential of the world’s second-largest oil producer. Leading the exploration efforts was state-owned oil giant Saudi Aramco. Details revealed by Prince Abdulaziz bin Salman, Saudi Arabia’s Energy Minister, indicated […]

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, participated in the World Economic Forum’s 15th Annual Meeting of the New Champions (Summer Davos Forum) held in Dalian at the end of June. Bill Deng, Founder and CEO of XTransfer, met with leaders of renowned international financial institutions during the Forum to […]

Advantages for German locations due to broader supplier base Cooperation to be extended to green drives COLOGNE, GERMANY – EQS Newswire – 2 July 2024 – DEUTZ is adding another cornerstone to its Dual+ strategy, which includes both the further development of alternative drive systems and the expansion of the internal combustion engine business. The cooperation with the Indian agricultural group TAFE Motors and Tractors Limited announced […]

Two-year integration process creates a single, powerful brand entity SYDNEY, AUSTRALIA – Media OutReach Newswire – 1 July 2024 – Crayon, a global leader in IT services and innovation, today announced the complete integration of rhipe into its brand. Effective from today, the rhipe brand will be discontinued. With the integration, Crayon becomes the sole brand, unifying the two organisations strengths into a powerful entity that offers […]

SINGAPORE – Media OutReach Newswire – 1 July 2024 – Clubpets has announced the SG Pet Festival 2024, scheduled to take place from August 2nd to 4th at the Marina Bay Sands Singapore Convention Centre from 10 AM to 8 PM. Recognised as the biggest pet event in Singapore, this festival offers a celebration of pets and pet owners, bringing together pet enthusiasts from all over Singapore […]

Riyadh, Saudi Arabia, Duisburg, Germany, and Oslo, Norway – 1st July 2024 RIYADH, SAUDI ARABIA/ DUISBURG, GERMANY/ OSLO, NORWAY – Newsaktuell – 1 July 2024 – MVW Lechtenberg Projektentwicklungs- und Beteiligungsgesellschaft GmbH, the leading consulting firm specializing in alternative fuels for the cement and related industries, in collaboration with Empower, a leading provider of innovative traceability solutions, is excited to announce the launch of a transformative plastic […]

Kuwait is poised to ignite its oil and gas sector with the upcoming tender of a significant upstream project valued at a staggering $3. 3 billion. This initiative marks a substantial investment aimed at bolstering the nation’s hydrocarbon production capacity. Details regarding the specific nature of the project remain undisclosed. However, industry insiders anticipate it to encompass exploration, development, and potentially even production activities. The hefty price […]

Henkel Adhesive Technologies, a global leader in adhesives, sealants and functional coatings, announced a significant milestone in its journey towards environmental sustainability. All its manufacturing sites in the Middle East and Africa (MEA) region have now transitioned to 100% renewable electricity. This achievement eliminates carbon dioxide (CO2) emissions from electricity usage, also known as Scope 2 emissions, for these facilities. The shift to renewable energy sources across […]

The transaction is completed via American Anthracite SPV I, LLC, a controlled entity under BUMA International. The acquisition enhances Delta Dunia Group’s geographic and revenue diversification, aligning with its strategic growth objectives. ACG represents a value-accretive acquisition expected to boost the Group’s revenue, backed by secured long-term contracts with key customers. The acquisition fosters collaboration among ACG, BUMA, and the Group’s other businesses, enhancing safety and mining […]

Joint initiatives under the Digital for Life movement include community workshops with non-profit organization partners to increase Singaporeans’ awareness about how to shop online safely and protect themselves against scams, as well as getting familiar with new technologies such as Generative Artificial Intelligence (Gen AI). Corporate volunteers from Amazon.sg, Amazon Payments and AWS are partnering with IMDA to conduct the community workshops. Amazon Singapore has donated S$100,000 […]

SINGAPORE – Media OutReach Newswire – 28 June 2024 – New data from the Accountability Framework initiative (AFi) and CDP shows that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon around the world. The AFi and CDP examined hundreds of company disclosures and revealed their findings in Time for Transparency. The report provides the first clear and quantitative look at the extent to […]

Singapore Sellers Achieved Double-Digit Sales Growth in 2023 Continue to Support Singapore Sellers to Prepare for Amazon’s 10th Prime Day Event, Returning This July 16 & 17 SINGAPORE – Media OutReach Newswire – 28 June 2024 – Amazon Global Selling Singapore today released its 2024 Amazon Global Selling Trend Report titled “Fostering Entrepreneurship & Building Global Brands,” detailing the opportunities in cross-border e-commerce (export e-commerce) for Singapore […]

New York lawmakers are contemplating reviving a bill that would legalize and regulate online gambling in the state. Senator Joseph Addabbo, a longtime proponent of online gaming expansion, introduced a scaled-back version of the legislation in May after the original, which encompassed online casinos, poker, and lottery sales, failed to gain enough traction. The revised bill focuses solely on online poker, aiming to capture a segment of […]

The stage is set for a thrilling climax to the T20 World Cup as India and South Africa lock horns in the final. While both teams boast exceptional talent, experts predict India has the edge, thanks to their consistent batting lineup and well-rounded bowling attack. India’s batting has been the bedrock of their success throughout the tournament. Rohit Sharma, the experienced opener, has provided a solid foundation […]

OctaTrader’s Ideation Centre KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 June 2024 – Octa‘s mission as a global broker is to make trading more accessible and understandable. Catering to the most popular demands of the traders’ community, the Octa team has enhanced its proprietary trading platform, OctaTrader, by adding Space, a new toolkit in the OctaTrader ecosystem. Space is a customisable analytics hub built into […]

Dubai and Abu Dhabi, the glitzy emirates of the United Arab Emirates (UAE), have cemented their positions as regional leaders and climbed the ranks of the world’s most liveable cities according to the Economist Intelligence Unit’s (EIU) 2024 Global Liveability Index. The report, released on June 27th, highlights the UAE’s growing strength in liveability. Both Dubai and Abu Dhabi secured spots in the coveted “very high” liveability […]

Poker legend Daniel Negreanu has finally silenced his doubters, capturing his long-awaited seventh World Series of Poker (WSOP) bracelet. The victory came at the prestigious $50, 000 buy-in Players Championship held at the Horseshoe Events Center in Las Vegas. Negreanu’s triumph marks the end of a dry spell that stretched back to 2013. Prior to this win, his last WSOP victory in Las Vegas occurred in 2008. […]

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