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In-house legal teams face more complexity and risk to stay on top of global entity management Almost all (96%) of multinationals plan to maintain or grow their geographic footprint North America leads the way as the most popular overseas growth market South America attracts most first timers In-house legal teams cite building local infrastructure (61%) and understanding local legal systems (33%) as the biggest cross-border challenges HONG […]

Emirates Global Aluminium (EGA), a titan of UAE industry outside the oil and gas sector, has taken a significant step towards its sustainability goals. The company announced that its recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely through its first-ever green loan facility. Financial details of the acquisition remain undisclosed, but the innovative use of green financing underscores EGA’s commitment to environmental responsibility. Leichtmetall’s […]

Emirates Global Aluminium (EGA), the United Arab Emirates’ industrial titan beyond the oil and gas sector, has taken a significant stride towards environmental responsibility. The company unveiled its Green Finance Framework, a comprehensive strategy designed to support initiatives and projects that propel the transition to a low-carbon economy. This announcement coincides with the revelation that EGA’s recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely […]

Saudi Arabia’s capital, Riyadh, is embarking on a new era of urban development centered around sustainability. The Riyadh Infrastructure Projects Center (RIPC), recently entrusted with the task of overseeing infrastructure projects, has issued its first license. This marks a significant step towards a more streamlined and ecologically conscious approach to infrastructure expansion in the region. The inaugural license pertains to utility connection excavations, with a validity period […]

Dubai International Airport (DXB) is anticipating a significant surge in passenger traffic this summer, with over 3. 7 million visitors expected to arrive between June 15 and 25. This influx coincides with the Eid al-Adha holidays and the commencement of summer break for schools in the United Arab Emirates, prompting many UAE residents to embark on vacation trips. The influx will translate to an average daily traffic […]

ADNOC Drilling Company and Alpha Dhabi Holding, a strategic investment firm, announced a significant development for their joint venture, Enersol RSC LTD. Enersol has agreed to acquire an additional 42. 206% stake in Gordon Technologies LLC, a US-based leader in oil and gas measurement and drilling technology. This acquisition elevates Enersol to the position of majority shareholder in Gordon Technologies. The deal, valued at approximately $270 million, […]

Arabian Post Staff -Dubai The Federal Tax Authority (FTA) has issued a public statement clarifying the registration deadlines for corporate taxpayers in the United Arab Emirates. This information comes after the May 31st deadline, which applied to many companies, has passed. The clarification aims to ensure businesses understand their tax obligations and avoid any potential penalties. The FTA emphasized that corporate tax registration is mandatory for all […]

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KUWAIT CITY, KUWAIT – Media OutReach Newswire – 11 June 2024 – Beloved restaurant brand Jollibee has been recognized as one of the Top 10 Brands for Customer Satisfaction in Kuwait by the 2023 Service Hero Customer Satisfaction Index (CSI) Awards. Warm, joyful service. Jollibee earned another triumph with its recent inclusion in the Top 10 brands for customer satisfaction in Kuwait. The awards program by Service […]

SINGAPORE – Media OutReach Newswire – 11 June 2024 – Expereo, the world’s leading global intelligent internet company that connects people, places and things anywhere, today announces the appointment of Eric Wong as President of Asia Pacific (APAC). This marks the next step on Expereo’s global growth journey through expanding its APAC business and presence in the region. Wong has been Head of Asia Pacific for Expereo […]

Experience Unmatched Features with the AQUOS R8s pro and AQUOS sense8 Smartphone SINGAPORE – Media OutReach Newswire – 11 June 2024 – SHARP, the renowned leader in consumer technology, is launching two new phones under the AQUOS series, the flagship AQUOS R8s pro and AQUOS sense8. To be launched in Singapore on 3 June 2024, both the R8s pro and sense8 boast unique cutting edge features. The […]

Oman’s Abraj Energy Services, a subsidiary partially owned by the state-run energy giant OQ, secured a significant financial boost on Monday. The oil and gas field services provider signed a Sharia-compliant Islamic financing facility worth $104 million with Alizz Islamic Bank. This financing package, totaling 40 million Omani rials (OMR), will propel Abraj Energy’s operations forward. According to a company statement released on the Muscat Stock Exchange, […]

JEDDAH, SAUDI ARABIA – EQS Newswire – 11 June 2024 – Rosond, a leading South African company providing exploration and drilling solutions, and Bin Harkil Saudi Arabia, a renowned name in the mining and construction industry, proudly announce the formation of Rosond Arabia. This new joint venture company aims to revolutionise the exploration industry in Saudi Arabia by setting the highest standards in safety, efficiency, and innovation. […]

Arabian Post Staff -Dubai Following Uber’s first year of profitability since its 2019 IPO, CEO Dara Khosrowshahi has identified the Middle East as a key driver of the company’s long-term growth strategy. In an exclusive interview with The National’s Editor-in-Chief, Khosrowshahi emphasized Uber’s commitment to the region, highlighting its “leading” role in the company’s future plans. Khosrowshahi underscored Uber’s focus on responsible expansion, stating, “We continue to […]

The realm of DevOps, where development and operations converge in a continuous loop, is undergoing a transformation fueled by artificial intelligence (AI). These intelligent tools are streamlining workflows, automating tasks, and bolstering efficiency across the software development lifecycle. Here, we explore four AI-powered companies making waves in the DevOps space. Network Navigation with the Power of Questions Network visibility is paramount for DevOps teams. Kentik, a network […]

Key Takeaways: IT helpdesk support enhances operational efficiency in healthcare by automating administrative tasks and promptly resolving technical issues, allowing staff to focus on patient care. Reliable IT helpdesk services ensure robust data security, compliance with regulations like HIPAA, and protection against cybersecurity threats. Effective IT helpdesk support improves patient care and satisfaction by ensuring smooth telehealth services, quick access to patient records, and seamless communication between […]

Arabian Post Staff -Dubai Dubai is accelerating its ambitions to become a global hub for artificial intelligence (AI) with the appointment of 22 Chief AI Officers across various government departments. This strategic move, announced by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, signifies a commitment to leveraging AI for enhanced government services and solidifying Dubai’s position at the forefront of technological innovation. The newly appointed AI […]

Two of Asia’s leading airlines, Cathay Pacific and Singapore Airlines (SIA), have signed a Memorandum of Understanding (MoU) to collaborate on a range of sustainability initiatives. This partnership signifies a significant step towards reducing the environmental impact of air travel in the Asia-Pacific region. The core focus of the collaboration lies in advocating for the development and wider adoption of Sustainable Aviation Fuel (SAF). SAF is a […]

Anticipating market needs, Trend moves ahead of threat actors and industry competitors HONG KONG SAR – Media OutReach Newswire – 6 June 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced its latest breakthrough in network detection and response (NDR) technology: Inline NDR. The cutting-edge technology is available via the Trend Vision One™ platform, where it improves detection and response across […]

Ukraine’s gambling regulator, the Commission for the Regulation of Gambling and Lotteries (KRAIL), has taken a firm stance against illegal online gambling operations. In a recent move, KRAIL collaborated with the Security Service of Ukraine to block access to 371 websites offering unauthorized gambling services within the country. This action was implemented through Order No. 451/2256, which instructs internet service providers to restrict access to the blocked […]

HONG KONG SAR – Media OutReach Newswire – 6 June 2024 – CLP Power Hong Kong Limited (CLP Power), CLPe, and real estate private equity firm Gaw Capital Partners (Gaw Capital) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in energy conservation and carbon reduction. The parties will explore the implementation of energy management solutions in Gaw Capital’s premises, aiming to enhance energy efficiency and […]

Special VIP Room and Trade-in Zone for Premium Services HONG KONG SAR – Media OutReach Newswire – 6 June 2024 – BRAND OFF, which originated in Japan and has operations throughout Asia, provides personalized service to different customers in line with Japan’s sincere attitude. Through efficient merchandizing management and global mobility, BRAND OFF brings convenience and surprises to customers, creating a unique “glocalized second-hand luxury goods platform”, […]

Victoria is embarking on a comprehensive review of its Bingo Industry Act 1998, aiming to modernize regulations and ensure the beloved pastime thrives in the digital age. The reformation process will heavily involve the community, with public consultations planned to gather valuable insights from bingo operators, patrons, and community organizations. The current regulations, established over two decades ago, might not effectively address the contemporary landscape of the […]

Arabian Post Staff -Dubai In a move designed to bolster its appeal as a business hub, Abu Dhabi has unveiled a streamlined licensing process for companies operating within the emirate. The Abu Dhabi Department of Economic Development (ADDED), working alongside the Abu Dhabi Free Zones Council, launched the Unified Economic License initiative. This new system promises to simplify business setup across the emirate, including its free zones. […]

Uganda endured a countrywide blackout for several hours on Friday, disrupting daily life and economic activity. The outage, attributed to technical complications during testing at the newly built Karuma Hydro Power Plant, plunged the nation into darkness in the morning and caused inconveniences for many until power was gradually restored later in the afternoon. The Uganda Electricity Transmission Company Limited (UETCL), the government agency responsible for managing […]

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