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 The convergence of the AI boom and the global energy transition is a compelling investment opportunity for forward-thinking investors, says the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish analysis from Nigel Green of deVere Group comes as John Podesta, the top US climate envoy, visits Japan, to discuss how the world’s largest and third-largest economies […]

Touted to be a gamechanger in the AI industry, Google recently unveiled Gemma an array of light-weight, state-of-the-art open models. Gemma’s introduction follows Google’s recent launch of Gemini 1.5, which boasts a context window of 1 million tokens, the largest ever seen in natural language processing models. Gemma, a chip off the old block, is born of the very technology and research upon which Gemini’s foundations are […]

HONG KONG SAR – Media OutReach Newswire – 12 March 2024 – The Jockey Club Multiple Pathways Initiative – CLAP-TECH Pathway (CLAP-TECH), funded by The Hong Kong Jockey Club Charities Trust, celebrated its fifth anniversary on Friday, 8 March. The ceremony was attended by over 130 industry partners and representatives from participating secondary schools, who shared how the programme has inspired students to pursue their dreams and […]

Ransomware detections fall 14% as alternative attack strategies evolve HONG KONG SAR – Media OutReach Newswire – 12 March 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today revealed a 10% annual increase in total threats blocked in 2023 and warned that attackers are using more advanced methods to target fewer victims with the potential for higher financial gains. To read a […]

Sustainability now forms the core of the hospitality and travel sectors, with an increasing number of travellers prioritising environmental conservation, climate change awareness, and the welfare of local communities in their travel choices. London, England, United Kingdom – March 11, 2024 — Hospitality brands worldwide are increasingly adopting sustainable practices to align with the growing eco-conscious trend among travellers. According to the Sustainable Travel Report 2022 by […]

South Korea’s K Bank, a leading internet-only bank, is reportedly exploring an initial public offering (IPO) following a period of significant growth fueled by its embrace of cryptocurrency operations. This potential move comes against the backdrop of a surging Bitcoin price and a rapidly expanding customer base that now exceeds 10 million. K Bank’s foray into the crypto space has been a key driver of its recent […]

Bitcoin mining, the process by which new bitcoins are created and transactions are verified on the blockchain network, is facing increased scrutiny due to its surging energy consumption. According to a recent report by Bloomberg, Bitcoin miners devoured a record 19.6 gigawatts (GW) of power last month, a significant jump from 12.1 GW in 2023. This insatiable demand for electricity has environmental advocates and some within the […]

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BEIJING, CHINA – Media OutReach Newswire – 10 March 2024 – On February 26th, COTTI COFFEE, the global sponsor of the Argentina National Football Teams, announced the launch of a new promotional campaign, in celebration of reaching 7,000 stores worldwide. This campaign is set to run till May 31. During the campaign, all customers enjoy a flat rate per beverage on orders in all stores of COTTI […]

Launch of joint research on MSME resilience in Southeast Asia, and a focus on Malaysia and Thailand, detailing key risks and alternative approaches to insurance Presentation of the SME Loss Prevention Framework, a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks Showcasing Insurance Innovation Challenge Fund Malaysia solutions for protecting SMEs in the country Generali also expands its flagship SME […]

Dubai has implemented a new tax regime for foreign banks operating within its borders. The law, issued by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, applies a 20% tax on the annual taxable income of foreign banks. This move signifies a shift in Dubai’s economic strategy, potentially impacting the emirate’s position as a financial hub. The new legislation specifically targets foreign banks operating outside […]

In a decision with potentially significant ramifications for the cryptocurrency industry, a court has authorized investors to proceed with a class-action lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, filed in 2021, accuses Binance of misleading investors about its regulatory compliance and security measures. The plaintiffs allege that Binance misrepresented itself as a fully licensed exchange operating within legal frameworks. They claim this enticed them […]

In a move to solidify its presence in the UAE’s agricultural sector, Ghitha Holding, a subsidiary of the massive Abu Dhabi-based conglomerate International Holding Company (IHC), has acquired an additional 12% stake in Al Ain Farms for Livestock Production. The deal, valued at AED 61 million (roughly $16.6 million), was announced on Friday through a filing on the Abu Dhabi Securities Exchange (ADX). This acquisition is being […]

Abu Dhabi is poised to become a key player in the future of secure space communications with the inauguration of the Middle East’s largest quantum optical ground station. Developed by the Technological Innovation Institute (TII), the Abu Dhabi Quantum Optical Ground Station (ADQOGS) marks a significant leap for the United Arab Emirates (UAE) in the space technology sector. The ADQOGS is a specialized telescope facility designed to […]

HONG KONG SAR – Media OutReach Newswire – 9 March 2024 – Isola Castle Ltd (Isola Castle) and Vinda International Holdings Limited (Vinda) are pleased to jointly announce that all Pre-Conditions relating to the voluntary conditional cash offer (Offer) to acquire Vinda’s Shares have been satisfied and the Offer is open for shareholders’ acceptance. Isola Castle is a special purpose vehicle indirectly wholly-owned by APRIL which is […]

The Abu Dhabi Entertainment Company (ADEC) has unveiled a collaborative effort to elevate the emirate’s sporting infrastructure. The initiative, announced on March 8th, 2024, signifies a commitment to fostering a more vibrant sporting community within Abu Dhabi. This ambitious project will see ADEC join forces with Sanad, Strata Manufacturing, and Solutions+. Sanad, a prominent Emirati defense and security solutions provider, brings its dedication to community empowerment through […]

ŸDedicated solution allows businesses to lower Scope 3 emissions, contribute to ESG targets ŸMeets the needs of environmentally conscious shippers SINGAPORE – Media OutReach Newswire – 8 March 2024 – In the span of one year, DHL Express, the world’s leading international express service provider, has registered more than 12,000 customers who have taken up the GoGreen Plus service in Asia Pacific (excluding China). This includes more […]

Arabian Post Special Dubai, long a haven for international finance with its tax-friendly policies, has shaken things up with a new law imposing a 20% annual tax on foreign banks operating within the emirate. This move marks a significant shift and has far-reaching implications for both Dubai’s financial landscape and the strategies of foreign banks in the region. One key aspect of the law is its targeted […]

Bitcoin miners are reaping the rewards of the cryptocurrency’s recent surge in value. Data shows that daily revenue for miners hit a near-record high of $75.9 million on March 6th, trailing only the all-time high of $77.3 million reached on April 14th, 2021. This windfall comes on the heels of Bitcoin reaching a new peak of $69,200 just before the mining revenue spike. The close correlation between […]

Exly, a business management solution provider for knowledge professionals and creators, has secured $6.2 million in a funding round led by Chiratae Ventures. Existing investors Mayfield India and Venture Highway also participated in the round. This latest funding brings Exly’s total capital raised to $8 million, following a previous seed funding round of $1.8 million. Founded in 2018 by Suyash Sinha, Sidharth Rawat, Akhil Tripathi, and Swati […]

Half of respondents are open to working in GBA but have concerns about local healthcare, social welfare and tax policies Nearly 40% are interested in retiring in GBA, yet about two thirds have insufficient retirement savings with a shortfall of HKD1.97 million A quarter of those interested in retiring in GBA may lack medical protection after retirement Enhancing personal savings and medical insurance coverage are considered important […]

The 6-week programme is part of the insurer’s continued talent acquisition strategy and efforts to address Gen Zs’ demand for job flexibility and a meaningful career SINGAPORE – Media OutReach Newswire – 6 March 2024 – AIA Singapore today announced the launch of the AIA Internship 2024, the insurer’s first internship programme led by its corporate arm. This exciting 6-week programme will offer students from various institutes […]

New Funds to help BRKZ establish as a One-Stop-Shop for the construction sector and expand its footprint across Saudi Arabia and the MENA region Riyadh, Saudi Arabia – March 6, 2024 /MarketersMEDIA/ — BRKZ, a trailblazing construction tech startup, has successfully secured $8 million in Series A funding to revolutionize the building materials sector across Saudi Arabia and the broader Middle East and North Africa (MENA) region. […]

With industry-leading infrastructure and 30+ years of experience, DCH Logistics offers tailored supply chain solutions designed to give partners a competitive edge HONG KONG SAR – Media OutReach Newswire – 6 March 2024 – Today, DCH Logistics, a subsidiary of leading motor and consumer goods distributor, Dah Chong Hong Holdings (DCH), hosted an event showcasing its refreshed brand identity. As an integral part of DCH’s food and […]

In a pivotal development for the realm of artificial intelligence, Beyond Limits, an esteemed industrial-grade AI software company, has unveiled its groundbreaking Hybrid AI Platform. This transformative technology is poised to redefine how operational data is processed and decisions are made within mission-critical applications. Addressing the limitations of current AI methodologies, often reliant on extensive datasets and opaque decision-making processes, Beyond Limits’ Hybrid AI Platform stands out […]

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