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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 […]

HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – HONMA Golf Limited (“HONMA”; together with its subsidiaries, the “Group”; HKEX stock code: 6858), one of the most prestigious golf brands worldwide, announces its consolidated annual results for the year ended 31 March 2024 (the “Period”). Financial Highlights Due to negative impact from global economic uncertainty and retail sentiments, the Group’s revenue decreased by 11.1% […]

Etihad Airways, the national airline of the United Arab Emirates, has announced a significant pilot recruitment campaign to support its ambitious growth strategy. The Abu Dhabi-based carrier aims to double its fleet size by 2030, necessitating the hiring of hundreds of pilots over the next 18 months. This expansion plan reflects a renewed optimism within Etihad Airways. The airline, like many in the industry, navigated a turbulent […]

BANGKOK, THAILAND – Media OutReach Newswire – 28 June 2024 – ONYX Hospitality Group proudly announces its latest triumph, securing the prestigious “Outstanding Hotel Chain Partner 2024.” This global recognition comes from Trip.com Group, an eminent one-stop travel service provider operating in 39 countries and regions, with a presence in 24 languages and transactions in 35 local currencies. The esteemed award highlights ONYX Hospitality Group’s unwavering commitment […]

Arabian Post Staff -Dubai For decades, Abu Dhabi National Oil Company (Adnoc) embodied the image of a traditional state-controlled oil producer, content to focus on its vast reserves. However, that perception is undergoing a dramatic transformation. Armed with a $150 billion war chest, Adnoc is rapidly emerging as a major player in the global energy market, actively pursuing strategic acquisitions. This week, Adnoc sent shockwaves through the […]

Transforming the employee experience in a modern workplace and accelerating the adoption of digital access infrastructure in Asia’s commercial real estate HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – Nan Fung Group (Nan Fung), a privately-held conglomerate with global interests in real estate development, has partnered with HID, a worldwide leader in trusted identity solutions, to introduce a new employee badge in Apple […]

HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – This MSME Day, Tradewind Finance, a global trade finance provider, is celebrating the thousands of SME customers it has served over the years with reliable capital to grow and thrive. Dubbed the “backbone” of economies, micro, small and medium-sized enterprises (MSMEs) make up 90% of businesses globally and account for over 70% of jobs worldwide, […]

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Freshworks, a customer service and IT software provider, announced the launch of a new data center in the United Arab Emirates (UAE) on June 27, 2024. This strategic move strengthens Freshworks’ presence in the Middle East and Africa (MEA) region, aiming to simplify access to its modern, AI-powered solutions for businesses. The data center, powered by Amazon Web Services (AWS), will serve as the hub for Freshworks’ […]

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 […]

Billionaire philanthropist and climate tech investor Bill Gates has expressed optimism about artificial intelligence (AI) playing a crucial role in combating climate change. In a recent interview with Bloomberg TV, Gates argued that AI’s contribution to accelerating the development of green technologies will outweigh its own environmental footprint. Gates acknowledges the potential for AI to increase energy consumption due to the demands of data centers that power […]

Saudi Arabia’s fourth-largest flour producer, Arabian Mills for Food Products (formerly known as the Second Milling Company), is preparing to sell a 30% stake in an initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). The move comes as the country implements its Vision 2030 plan to diversify its economy and lessen its reliance on oil revenue. The Capital Markets Authority (CMA), Saudi Arabia’s market regulator, […]

Volkswagen (VW) and Rivian, a rising electric vehicle (EV) manufacturer, announced a strategic partnership valued at $5 billion. This collaboration aims to accelerate VW’s electrification goals by leveraging Rivian’s expertise in battery technology, electric motors, and software development for new electric vehicles. The partnership comes amidst a period of recalibration for both automakers. VW, a traditional car giant, is determined to establish itself as a leader in […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – New World Development Company Limited (“NWD” or “New World Development” or the “Group”; Hong Kong Stock Code: 00017) is pleased to announce that it has been recognised by TIME Magazine as one of the “World’s Most Sustainable Companies of 2024,” an inaugural list that names top 500 companies in the world promoting corporate responsibility and […]

Android users, particularly those in Canada, France, Italy, Spain, Turkey, the United Kingdom, and the United States, should be on high alert. Cybersecurity researchers have identified a resurgence of the infamous Medusa banking trojan, now sporting a stealthier design and a wider range of malicious capabilities. First discovered in 2020, Medusa, also known as TangleBot, has a history of targeting financial institutions and their customers. This latest […]

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 […]

Trend Micro™ Zero Day Initiative™ (ZDI) is a cybersecurity secret weapon HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it discovered a market-leading 60% of vulnerabilities worldwide in 2023 according to a new Omdia report. To read the full Omdia report, Quantifying the Public Vulnerability Market: 2023 Edition, please […]

A recent study by Dell Technologies paints a rosy picture of artificial intelligence (AI) adoption in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). The research, titled “Dell Technologies Innovation Catalyst Research, ” surveyed IT and business decision-makers across these regions and found a remarkable level of confidence in their organizations’ preparedness for AI innovation. According to the study, a staggering 9 in […]

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 […]

HONG KONG SAR – Media OutReach Newswire – 25 June 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, is adding a new facility in Foshan Gaoming Plainvim Intelligent Industrial Park to support its expanding operations. This comes in response to the increased market demand and […]

In a move that reflects the changing landscape of Las Vegas gaming, Caesars Palace announced the temporary closure of its poker room to make way for an expanded high-limit slots area. The iconic casino, part of Caesars Entertainment, will relocate its 18-table poker room for an estimated 60-90 day period beginning around July 17th. This decision comes amidst ongoing renovations at the property. While the poker room […]

HONG KONG SAR – Media OutReach Newswire – 24 June 2024 – Hong Kong Science Park Corporation (HKSTP) congratulates BioMap, a Park company, on its strategic partnership with the Hong Kong Investment Corporation Limited (HKIC) to jointly propel innovation across multiple sectors including biopharmaceuticals, green technology, and new industrialisation, further cementing Hong Kong’s position as an international hub for innovation and technology. Clara Chan, CEO of HKIC […]

Lunchbox, a prominent provider of technology solutions for enterprise restaurants, recently announced the launch of Cater. This initiative marks a significant milestone, establishing the first-ever dedicated community hub and council specifically designed for catering executives within the restaurant industry. The launch of Cater comes at an opportune moment. The catering industry is experiencing a period of substantial growth, with its current value exceeding $73 billion and projections […]

By Nantoo Banerjee The Indian Railways is no longer considered as the union government’s most important public contact platform. This is despite the fact that around 500 million passengers took train journeys across the country during last April alone. The number keeps on rising. The Railways loaded 128.29 million tonnes (MT) of freight during the […]

Sunday morning travelers at Manchester Airport, the third-busiest airport in the United Kingdom, faced a frustrating start to their journeys after a major power cut wreaked havoc on flight schedules. The outage, which struck the area around 1:30 am, plunged the airport into darkness and crippled critical systems. The immediate consequence was widespread disruption, with a significant number of flights, particularly those departing from Terminals 1 and […]

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