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Middle East

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 […]

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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 […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2024 – Kenanga Investment Bank Berhad (“Kenanga” or “Kenanga Group” or “the Group“) today announced its financial results for the first quarter ended on 31 March 2024 (“1Q24“). Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad The Group reported an increase in revenue to RM204.2 million and growth in profit before tax (“PBT“) to […]

Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain SINGAPORE – Media OutReach Newswire – 28 May 2024 – The Asia-Pacific region stands as the cornerstone of global textile and garment manufacturing. As the industry navigates the rapidly evolving landscape, the inaugural Asia-Pacific Textile and Apparel Supply Chain Expo & Summit (APTEXPO 2024) is poised to be a catalyst to help the stakeholders thrive and overcome the […]

HANOI, VIETNAM – Media OutReach Newswire – 27 May 2024 – VinFast Auto has officially signed an exclusive dealership agreement with one of the UAE’s premier automotive dealerships, Al Tayer Motors, for the distribution of VinFast electric vehicles (EV) in the country. The inaugural facility is planned to open in 2024 and will initially retail four VinFast e-SUV models, VF 6, VF 7, VF 8, and VF […]

Startups and Entrepreneurship in Saudi Arabia a Dynamic Ecosystem Saudi Arabia is fleetly arising as a seedbed for startups and entrepreneurship. With a immature population, visionary leadership, and ambitious plans under Vision 2030, the Kingdom is transubstantiating its frugality from an oil painting-dependent model to a diversified, innovative hustler. This blog explores the vibrant incipiency ecosystem in Saudi Arabia, highlights the part of freight forwarding and logistics […]

MALACCA, MALAYSIA – Media OutReach Newswire – 27 May 2024 – This year commemorates the 50th anniversary of diplomatic relations between Malaysia and China, an occasion celebrated with enthusiasm across the nation, especially in the vibrant Jonker Street of Melaka. BEST Express Malaysia, established in Melaka four years ago, has been at the forefront of providing efficient, reliable, and customer-centric logistics services. By incorporating modern conveniences and […]

Arabian Post Staff-Dubai Saudi Arabia is reportedly considering a multi-billion dollar stock sale of energy giant Saudi Aramco as early as June. This potential sale could be one of the biggest stock offerings ever witnessed in the Middle East. Details surrounding the offering are still being finalized, but sources familiar with the matter say it could raise around $10 billion. The offering comes as Saudi Arabia pushes […]

Ali Al Hashimi, the Religious and Judicial Affairs Advisor at the Presidential Court of the United Arab Emirates, delivered a speech at the Zayed Centre for Cultural Foundation (ZCCF) on November 21, 2002. In his address, Al Hashimi commended Sheikh Zayed Bin Sultan Al Nahyan, the UAE’s President, for his unwavering commitment to supporting the Palestinian cause. Al Hashimi highlighted Sheikh Zayed’s dedication to serving the Arab […]

A new survey by MoneySmart finds that 46% of Hong Kong and Singaporean adults are actively trying to go against their parents’ bad financial habits. The new study looked at how parents’ behaviours shape financial habits in later life, finding that those whose parents tended to overspend, shop impulsively or struggle with debt, were likely to do the same as adults. Over half (54%) of Hong Kong […]

President His Highness Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) welcomed President Nechirvan Barzani of Iraq’s Kurdistan Region to the Qasr Al Shati Palace in Abu Dhabi on May 24, 2024. The high-level meeting focused on bolstering cooperation between the two regions and exploring avenues for further bilateral engagement. Discussions reportedly covered a wide range of topics, including economic development, investment opportunities, […]

Arabian Post Staff – Dubai Dubai, the long-reigning champion of Middle Eastern tourism, has a new contender vying for the crown. Saudi Arabia, embarking on an ambitious plan to transform itself into a global tourism destination, is pouring billions into developing its pristine Red Sea coastline and historic sites. This aggressive investment spree has sent shockwaves through the industry, prompting Dubai to re-evaluate its offerings and strategize […]

Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]

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