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Middle East

The Middle East and North Africa (MENA) region is undergoing a significant transformation in its energy sector, with renewable energy sources like solar and wind experiencing a surge in growth, according to the International Energy Agency (IEA). This shift is driven by a combination of factors, including falling renewable energy costs, a growing focus on environmental sustainability, and the need for more resilient energy infrastructure. The MENA […]

SRIVILLIPUTTUR, INDIA – Media OutReach Newswire – 5 June 2024 – The Royal Mousse online franchise platform plans to establish at least 1,000 chain stores in India through a combined online and offline development model The move marks a major milestone in the company’s global expansion efforts. Royal Mousse aims to revolutionize the investment landscape and employment opportunities in India, bringing financial growth and stable employment opportunities […]

VOYEX is the first female-founded Private Jet and 360-Luxury Solutions company in the MENA region, proudly pioneering the way for diversity in the industry and championing women as they make their move to the skies and executive roles. Founded by Lilit Avetikyan, an accomplished executive with 11+ years in the aviation industry, VOYEX stands out for travellers seeking a truly curated end-to-end journey. We speak with Avetikyan, […]

MACAU SAR – Media OutReach Newswire – 4 June 2024 – G2E Asia and the Asian IR Expo – the key marketplace for the gaming, entertainment and integrated resorts sectors – hosted at The Venetian Macao, officially open their doors today, expecting to welcome more than 8,000 industry professionals from 80 countries and regions. The joint event commences with a keynote address by Bill Miller, President and […]

Arabian Post Staff -Dubai The International Air Transport Association (IATA) predicts a significant rise in profitability for Middle Eastern airlines in 2024. Their latest forecast anticipates a collective profit exceeding $3. 8 billion, a substantial 22. 5% increase compared to the $3. 1 billion earned in 2023. This positive outlook comes despite ongoing regional tensions, including the recent Israel-Gaza conflict. This optimistic forecast for the Middle East […]

In a first for the Middle East, the Knowledge Fund Establishment and National Bonds, a UAE-based savings and investment company, have joined forces to launch “The Young Investor” program. This pioneering initiative aims to bridge the gap in financial literacy among youth, equipping them with the knowledge and skills to make informed financial decisions. The program aligns with the Dubai Economic Agenda (D33) and the Dubai Social […]

The highest tier of its kind designed exclusively for high-net-worth customers HONG KONG SAR – Media OutReach Newswire – 3 June 2024 – Citi introduces the exclusive Citigold Private Client World Elite Debit Mastercard, the first-in-Hong Kong and highest tier of its kind offered in the market. This card was developed in response to Citi’s commitment to cater to the needs of Citigold Private Client customers with […]

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The Middle East is poised for a significant surge in air travel, with passenger numbers expected to double by 2043, according to the International Air Transport Association (IATA). This translates to a staggering 530 million passengers taking to the skies in the region, a testament to the growing importance of Middle Eastern airlines and airports as global hubs. Kamil Al Awadi, IATA’s Regional Vice President for Africa […]

Sheik Saud Bin Saqr Al Qasimi, the ruler of Ras Al Khaimah, officially opened the largest battery factory in the Gulf region on Saturday. The Eternity Technologies FZ LLC plant, situated within the Ras Al Khaimah Investment Authority (Rakia) Industrial Park at Al Jazeera Al Hamra, represents a significant milestone for the emirate’s industrial sector. The Dh200 million facility, owned by the UAE-based Al Dobowi Group, is […]

SINGAPORE – Media OutReach Newswire – 30 May 2024 – Fieldnotes, an esteemed name in artisanal cakes, is excited to announce the grand opening of its latest cake shop at Tampines 1 on 7 June 2024, marking its first outlet in the vibrant East of Singapore. This newest expansion underscores the business’s commitment to providing customers with greater flexibility and convenience when picking up their favourite cakes. […]

The United Arab Emirates (UAE) and China solidified their economic partnership by signing a series of strategic agreements during a recent visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan to Beijing. These agreements aim to amplify trade between the two nations and energize China’s ambitious Belt and Road Initiative (BRI). The UAE, a key player in the Middle East and North Africa (MENA) region, boasts […]

SINGAPORE – Media OutReach Newswire – 30 May 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre providers, is announcing artificial intelligence (AI) readiness in its data centres across Southeast Asia (SEA). Presently, STT GDC is the first international operator with a data centre footprint across all six major economies within SEA, including Singapore, Malaysia, Thailand, Indonesia, the Philippines and […]

Samsung’s showcase features real-time virtual production capabilities with an unprecedented level of quality Showcase was developed in collaboration with Aux Media, Aputure, BytePlus, Pixotope and RED SINGAPORE – Media OutReach Newswire – 31 May 2024 – Samsung Electronics Singapore demonstrated its ongoing commitment to the future of virtual production in Southeast Asia and Oceania with a showcase of The Wall for Virtual Production (IVC series) in Singapore. […]

MANILA, PHILIPPINES – Media OutReach Newswire – 31 May 2024 – VinFast Auto announced the signing of cooperation agreements with the first four Philippine dealers, paving the way for a strong retail network and solidly establishing the company’s presence in the Southeast Asian country’s electric vehicle market. A large number of visitors attended the VinFast brand launch event in the Philippines. At the company’s brand launch event […]

BANGKOK, THAILAND – Media OutReach Newswire – 31 May 2024 – At Asia Pacific Rail 2024, rail experts of global sustainable development consultancy Arup discussed the future of rail in Asia. They highlighted the importance of future-proofing railways against climate change at this premier event, held in Bangkok on 29-30 May, which gathered rail leaders across the region. The event attracted nearly 3,800 attendees and over 200 […]

The Middle East, a region long synonymous with vast oil reserves, is witnessing a transformative shift towards renewable energy, with Saudi Arabia emerging as a surprising frontrunner. This surge is driven by several factors, including the abundance of sunshine in the region, falling solar power costs, and a growing recognition of the need to diversify economies beyond fossil fuels. Saudi Arabia boasts some of the world’s most […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 31 May 2024 – With the current capitalisation of 468.42 billion USD, Ethereum (ETH) is the second-largest cryptocurrency network by market capitalisation after Bitcoin. As many experts point out, Ethereum is well-positioned to remain a crypto powerhouse for many years to come. What makes this digital asset so unique, and what drove its robust growth over the recent years? […]

HONG KONG SAR – Media OutReach Newswire – 30 May 2024 – Qookka Games is thrilled to announce the findings of a recent study revealing that their latest game, “Ashes of the Kingdom,” has become a significant medium for youth in Singapore to engage with and learn about Chinese culture. This immersive drama card game has captivated players since its global release on March 30, 2023, across […]

Arabian Post Special The announcement of Saudi Aramco’s plan to sell shares on the public market has generated significant buzz in the financial world. This highly anticipated initial public offering (IPO) comes after years of speculation and strategic maneuvering by the Saudi government. Understanding the context of this offering and the initial investor response is crucial to assess its potential impact on Aramco and other government-owned oil […]

The new Tiq CashSaver endowment plan offers comprehensive protection and flexibility, with a low minimum monthly savings amount to encourage the good habit of regular saving. SINGAPORE – Media OutReach Newswire – 30 May 2024 – Etiqa Insurance Singapore, a leading life and general insurer announced the launch of Tiq CashSaver, a new capital-guaranteed endowment plan tailored to address the evolving financial needs and challenges faced by […]

The Asia-Pacific (APAC) attractions market isn’t just surviving but thriving – forecasting almost 385 million in attendance to themes and amusement parks, $16.8B USD in visitor spending by end of 2024, and (pending economic conditions) between 619-750m visitors in the region. The region’s amusement market is projected to increase by 67%, second only to the Middle East in growth, signifying huge potential for innovation and profitability. China […]

The United Arab Emirates (UAE) is making significant strides in artificial intelligence (AI) development, with homegrown models like the Falcon large language model garnering international attention. This progress is not only propelling the UAE forward in the tech sector but also casting a spotlight on the vast potential of the entire Middle East region to become a major player on the global technology map, according to Kevin […]

Three Eight Six Holdings Ltd. , a leading renewable energy developer in the Middle East and North Africa (MENA) region, has joined forces with B. Grimm Power PCL, a prominent Thailand-based electricity producer, in a strategic alliance designed to revolutionize the renewable energy landscape across the Gulf Cooperation Council (GCC) countries. This collaboration brings together Three Eight Six Holdings’ extensive expertise in developing and financing renewable energy […]

James M Dorsey Jordan’s King Abdullah is caught between a rock and a hard place.  Hamas and its regional supporters, as well as Israeli politicians and vigilantes, are pressuring King Abdullah from both ends of the political spectrum. Iranian-backed Syrian and Iraqi militants seek to draw the kingdom, in which Palestinians account for at least 50 per cent of the population, into the Gaza war. Hamas, the […]

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