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Middle East

The Philippines’ leading international airline taps award-winning Singapore telco and managed security services provider for network and security transformation SINGAPORE – Media OutReach Newswire – 27 June 2024 – Philippine Airlines (PAL), Asia’s pioneering commercial airline and the nation’s flag carrier, has appointed Singapore telco and MSSP ViewQwest, to upgrade its network and security infrastructure as it forges ahead with its digital innovation and transformation roadmap. (L […]

Arabian Post Staff -Dubai The Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the Middle East and North Africa (MENA) region, has solidified its position as a key market player by finalizing the acquisition of a 32. 6% stake in DME Holdings Limited. DME Holdings Limited is the parent company of the Dubai Mercantile Exchange (DME), a prominent international commodities exchange. This […]

Hongkong Land commits US$400 million (HK$3.1 billion) strategic investment to launch “Tomorrow’s CENTRAL”, a planned transformation of LANDMARK Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across LANDMARK, reimagining the luxury landscape of Hong Kong Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class destinations Featuring 10 […]

Hongkong Land’s strategic investment of US$400 million (HK$3.1 billion) in LANDMARK reinforces Central, Hong Kong as a world-class destination for luxury retail, lifestyle and business Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across the LANDMARK retail portfolio Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class […]

James M Dorsey Even by Israeli standards, Uri Tzafon (Awaken North) is a far-right fringe group. Amid mounting tension with Lebanese Shiite political group and militia, Hezbollah, along the Lebanon-Israel border, Uri Tzafon is calling for Israeli settlement of southern Lebanon. The group has yet to gain traction. Uri Tzafon’s membership is in the low teens. Less than 300 people attended the group’s recent online conference. Few, if […]

The Middle East and North Africa (MENA) region has experienced a significant spike in cyberattacks, with Distributed Denial-of-Service (DDoS) attacks witnessing a staggering 183% increase year-on-year in the first quarter of 2024, according to a report by cybersecurity firm StormWall. This alarming trend coincides with heightened geopolitical tensions in the region, raising concerns about the potential motives behind these attacks. StormWall’s report highlights a direct correlation between […]

A recent report by cybersecurity firm StormWall paints a worrying picture for the Middle East and North Africa (MENA) region. DDoS attacks, a tactic used to overwhelm websites and online services with floods of traffic, have skyrocketed by a staggering 183% year-on-year in the first quarter of 2024. This surge coincides with a period of heightened geopolitical tensions, particularly the ongoing Israeli-Palestinian conflict, which StormWall suggests has […]

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Arabian Post Staff -Dubai HSBC has picked the United Arab Emirates (UAE) as the springboard for its innovative digital trading platform, WorldTrader. This move caters to the rising demand for international investment opportunities among HSBC’s Wealth and Personal Banking (WPB) clients. WorldTrader empowers users with a gateway to a diverse selection of investment options, encompassing up to 80% of the world’s stock market capitalization. Through this user-friendly […]

First quarter revenue of US$22.2 million, up 24% Year-Over-Year SINGAPORE – Media OutReach Newswire – 25 June 2024 – MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended March 31, 2024. Management Commentary: Rohith Murthy, Chief Executive Officer, stated, “I am pleased to report […]

Saudi Arabia’s flynas has cemented its position as the Middle East’s leading budget carrier, clinching the coveted Best Low-Cost Airline in the Middle East award for the remarkable seventh consecutive year. The recognition comes courtesy of the International Skytrax Organization, a widely respected evaluator of airline performance. The prestigious Skytrax Awards are considered the pinnacle of achievement in the aviation industry, functioning as the gold standard for […]

Qatar’s economic outlook is brightening, with a projected rise in GDP growth fueled by the strength of its non-energy sectors. According to a recent report by the Institute of Chartered Accountants in England and Wales (ICAEW), the country’s GDP is expected to reach 2. 2% this year and climb further to 2. 9% in 2025. This positive outlook comes despite a slowdown in the broader Gulf Cooperation […]

Arabian Post Staff -Dubai Qatar is making a strategic push to become a leading center for commerce and innovation in the Middle East. This ambition is fueled by a booming commercial real estate market, driven by factors like economic diversification efforts, significant infrastructure development, and the positive impact of hosting major international tournaments. According to a recent report by Statista, Qatar’s commercial real estate sector is estimated […]

While Singapore (1st, unchanged) and Hong Kong (2nd, up from 3rd) still dominate the podium, the Asia Pacific (APAC) region is now ranked 2nd place for the first time, due to lower rankings for cities like Tokyo, and a very strong return to prominence for Europe, Middle East and Africa (EMEA). SINGAPORE / HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – According to […]

Dive into the vibrant world of ‘Taiwan Spirit’, where the essence of Taiwan shines through the arenas of Table Tennis, Taekwondo, and Cycling SINGAPORE – Media OutReach Newswire – 25 June 2024 – Discovery Network and TaiwanPlus, a publicly funded media platform focusing on news and entertainment in Taiwan, will collaborate for a second year to produce a three-part series, Taiwan Spirit, highlighting Taiwan’s rich sports culture. […]

BANGKOK, THAILAND – Media OutReach Newswire – 24 June 2024 – Informa Markets Thailand is set to host “Medlab Asia and Asia Health 2024,” the most extensive trade exhibition showcasing the latest products, technology, and innovations in medical laboratories and healthcare industries. This event aims to highlight significant advancements in the medical laboratories and healthcare industries. It provides a platform for entrepreneurs to forge business networks and […]

Saudi Arabia is rolling out the welcome mat for Chinese tourists, aiming to significantly boost arrivals from the world’s most populous nation. A new agreement, implemented in July 2023, grants China Approved Destination Status (ADS), streamlining the travel process for Chinese group tours. This initiative marks a significant step towards Saudi Arabia’s ambitious goal of attracting 5 million Chinese tourists by 2030. The ADS program simplifies travel […]

Arabian Post Staff -Dubai Middle Eastern sovereign wealth funds, which manage trillions of dollars in assets on behalf of governments, significantly increased their investments in China last year. According to a new report by research firm Preqin, these funds deployed a record $2. 3 billion into Chinese companies in 2023, marking a substantial leap from the previous year’s total of $300 million. Analysts attribute this surge in […]

Telecom giant Ooredoo’s CEO has revealed that chipmaker Nvidia is poised for a major launch in the Middle East, a region facing limitations on imports of advanced US-made artificial intelligence (AI) technologies. The details of Nvidia’s launch and the specific products it will offer remain unclear, but the move signifies the company’s intent to tap into a growing market while navigating the complexities of US export regulations. […]

BANGKOK, THAILAND – Media OutReach Newswire – 24 June 2024 – OZO Phuket invites guests to immerse themselves in the rich tapestry of Thai culture with the newly launched ‘OZO x Siam Niramit’ package. The experience combines the laid-back beachfront ambiance of OZO Phuket with the awe-inspiring spectacle of Siam Niramit’s cultural show, promising an unforgettable journey into the heart of Thailand. Starting from just £65 per […]

Leading professional services firm celebrates new global network with impactful climb for Project Pari. SINGAPORE – Media OutReach Newswire – 24 June 2024 – Forvis Mazars in Singapore, a leading global professional services network, commemorates the completion of the global network formation – with an awe-inspiring mission. A team of nine from the firm will embark on a challenging and impactful expedition: scaling Mount Kinabalu, Southeast Asia’s […]

Oil prices took a tumble this week, with futures contracts for both Brent crude and West Texas Intermediate (WTI) experiencing a decline. This drop comes amidst growing anxieties about the global economic climate, with factors like potential interest rate hikes and inflation dampening investor enthusiasm for the commodity. The prospect of the US Federal Reserve raising interest rates to combat inflation has many investors concerned. Higher interest […]

Arabian Post Staff -Dubai Despite traditionally being a slower period for the industry, global air cargo rates are defying expectations and holding steady. This resilience is primarily driven by robust demand and high spot rates originating from Asia and the Middle East, according to recent data and analysis by WorldACD Market Data. While total global tonnages dipped slightly by 2% during the week of June 10th to […]

HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – On 14 June, UNHCR, the UN Refugee Agency, will launch the 17th Charity Refugee Film Festival to Mark World Refugee Day 2024. This year’s festival seeks to heighten public awareness of the refugee cause and galvanize collective efforts to address the global displacement crisis by showcasing the power of solidarity and durable solutions through film. […]

Toilet rolls, detergents and toiletries are all fine in their original packaging, survey says – but some personal care and high value items should be covered. 80% of those surveyed want to shop with retailers that reduce packaging materials. Since 2021, Amazon has increased the number of non-grocery orders sent without added delivery packaging from our Fulfilment Centre to Singapore customers by 80 %. SINGAPORE – Media […]

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