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UAE crews sustain coastal oil removal as beaches reopen // Rooftop solar planning gaps behind power shortages // Lego restores BrickLink marketplace after security investigation // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Microsoft restores services gradually but gives no recovery deadline // Microsoft apologises as Outlook services recover after outage // Microsoft outage leaves Outlook and Teams users disconnected // Hackers falsify NVIDIA GPU readings to mask cryptomining // China’s Taiwan warning tests Washington’s defence commitments // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Messi affair SIT finds all-round violations // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Salik posts Dhs1.045bn profit despite lower toll traffic // US authorities dismantle North Korean cryptocurrency deception infrastructure // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Inpex reaffirms Gulf oil strategy despite shipping constraints // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Nvidia appoints Colette Kress interim chief after Huang departure // Woman found dead as bank moves to repossess home // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk //

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Financial technology giant PayPal reported a 27% surge in profits for the first quarter, marking a positive start to the year. This increase comes alongside the company’s implementation of a new reporting structure that incorporates stock-based compensation. The shift in reporting reflects a growing trend within the tech industry, where stock options are a significant component of employee remuneration packages. By factoring in stock-based compensation, PayPal aims […]

By Nitya Chakraborty The first short session of the 18th Lok Sabha has just ended with the third time Prime Minister Narendra Modi giving the impression once again that nothing different happened in the Lok Sabha elections 2024, he remains the same unvanquished leader of the majority party BJP like he was after the 2014 […]

“Cancer Care” supports patients to navigate a challenging journey with more clarity and support HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – Cancer is a complex and multifaceted disease, impacting the lives of thousands of patients and their loved ones. In Hong Kong, approximately 100 new cases of cancer are diagnosed every day[1], while data analysis from Bupa indicates that cancer accounts for […]

MELBOURNE, AUSTRALIA – Media OutReach Newswire – 3 July 2024 – JustCo, Asia’s leading flexible workspace provider, announced today the launch of JustCo Emporium Melbourne — its seventh centre in Australia. Addressing the growing emphasis on wellness across all facets of life, this work-life destination marks JustCo’s sixth location housed within a shopping mall or mixed-use development in the Asia Pacific region. This milestone underscores JustCo’s dedication […]

Dubai-based asset manager KHK & Partners has announced the launch of Ayala Capital, a dedicated unit focused on capital-raising activities within the MENA (Middle East and North Africa) region. This strategic move signifies KHK & Partners’ commitment to streamlining and enhancing their fundraising capabilities, ultimately aiming to better serve clients, investors, and stakeholders across the board. Ayala Capital will operate with a singular focus:providing top-tier capital-raising solutions […]

Arabian Post Staff -Dubai Dubai’s residential rental market, which has seen explosive growth in recent years, is anticipated to experience a period of stabilization with slower rent increases throughout 2024. This comes after a significant rise in rental prices fueled by high demand and a limited supply of available properties. Real estate consultancies like CBRE acknowledge the increasing pressure on affordability for tenants. Their reports indicate a […]

SINGAPORE – Media OutReach Newswire – 3 July 2024 – New miniLED gaming monitors have arrived to the Philips Evnia product line, catered towards gamers and gaming animators. Philips Evnia Releases New MiniLED Gaming Monitors The Philips Evnia 32M2N6800MW, 32M2N6800M, and 27M2N6800ML have been released today, coming with an array of features that elevate any gamer or animator’s experience. For example, these monitors’ IPS panels with a […]

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The German government has thrown a wrench into the planned sale of Volkswagen subsidiary MAN Energy Solutions’ gas turbine division to a Chinese company, citing national security concerns. The decision, announced on Wednesday, comes after months of scrutiny by German officials who viewed the deal with suspicion. MAN Energy Solutions, a leading developer and manufacturer of industrial gas turbines, had announced its intention to sell the division […]

Bitpanda Mena, the regional arm of the leading European crypto investment platform, has revealed a significant rise in cryptocurrency adoption within the United Arab Emirates (UAE). This surge comes amidst a period of growing interest and regulatory clarity surrounding digital assets in the region. According to Bitpanda Mena, the UAE has witnessed a substantial increase in new user registrations on their platform. This trend reflects a broader […]

Saudi Arabian mobility leader Lumi announced a strategic partnership with global technology giant SAP to optimize its human resource (HR) processes and fuel the company’s ambitious growth plans. Through the implementation of SAP’s advanced HR system, Lumi aims to streamline operations, enhance employee experience, and make data-driven decisions to achieve its strategic goals. This collaboration will equip Lumi with the necessary tools to automate routine HR tasks, […]

Singapore-based Laura Ellington Music Teams with Stand-Up Legend Kumar for Video SINGAPORE – Media OutReach Newswire – 3 July 2024 – Singaporean comedian and television icon Kumar joins forces with Laura Ellington Music for their latest music video, “Lady Singapore Groove.” This unique collaboration skewers erroneous perceptions of Singapore through music and humour. “Lady Singapore Groove”, the song, was conceived by LEM creative director Toni Thompson; the […]

Luxury hospitality brand Fairmont Hotels & Resorts has announced its foray into the Dubai residential market with the launch of the Fairmont Residences Solara Tower. This collaboration with established UAE developer Sol Properties promises to redefine luxury living in the heart of Downtown Dubai. The 55-storey tower is currently under construction and slated for completion by the third quarter of 2027. The project brings together the unparalleled […]

By David Raby MEXICO CITY: Scarcely a month has passed since the general elections in Mexico, and despite calling for a recount which no-one except hard-core conservatives takes seriously (when you’re trounced two to one the only rational reaction is to examine the reasons for your failure), the opposition coalition has yet to come up […]

The Audi RS7 Sportback is a car that defies easy categorization. On the one hand, it boasts the kind of blistering acceleration and sharp handling that would make any track enthusiast grin. Yet, beneath that potent exterior lies a surprising degree of everyday comfort and refinement. A recent road test by The National encapsulated this duality perfectly. The reviewer noted that the RS7 “tears around like it’s […]

Office market net absorption remained positive, high street vacancies stabilized The Hong Kong Grade A office market recorded growth for the third consecutive quarter, with overall net absorption remaining positive at 318,000 sq ft in Q2. Nevertheless, office rents remained under pressure due to the lifted availability rate, dropping 1.5% q-o-q. The overall high street vacancy rate stabilized, and rents continued to record low single-digit growth rate […]

OPEC’s oil output defied expectations in June, rising for the second consecutive month according to a Reuters survey. This increase comes despite ongoing production cuts implemented by the wider OPEC+ alliance, which includes major non-OPEC producers like Russia. The survey, which tracks oil supply to the market and is based on industry sources and shipping data, revealed that OPEC’s 12 member countries collectively pumped 26. 7 million […]

Arabian Post Staff deVere Group, a global player providing specialist cross-border financial advice to international investors and expatriates, has announced United Arab Emirates (UAE), New Zealand, and Italy as the top three destinations for the organisation’s financial graduates to live and work in the first half of 2024. This trend reflects the growing demand for international financial advisory services from high-net-worth (HNW) individuals in these regions, driven […]

SINGAPORE – Media OutReach Newswire – 3 July 2024 – Korea Artiz Studio, a Korean pre-wedding photoshoot studio in Singapore, is pleased to announce its recent accolades: inclusion in Singapore’s Fastest-Growing Companies 2024 and recognition in the Financial Times High-Growth Companies Asia-Pacific 2024 lists. Korea Artiz Studio Pre Wedding Photoshoot Notably, Korea Artiz Studio is the sole honoree from the wedding photography industry to be recognised in […]

By Sushil Kutty Prime Minister Narendra Modi was slated to reply to the Motion of Thanks to the President’s address at 4 pm on Tuesday. PM Modi must have spent the previous hours prepping for the reply which came nearly 24 hours after Leader of Opposition Rahul Gandhi had set ablaze the Lok Sabha with […]

BYD Co. , Ltd. , the Chinese automotive giant, has emerged as a frontrunner in the country’s booming electric vehicle (EV) market, and surprisingly, it’s their hybrid models that are leading the charge. According to a recent Bloomberg report, BYD’s success hinges on their strategic focus on plug-in hybrids, which combine a gasoline engine with an electric motor, offering both extended range and reduced emissions compared to […]

HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – IX Capital International Limited has released the Asset Tokenisation Standard Discussion Paper. Over the years, tokenised bonds have gained popularity. As of the end of March 2023, the total issuance of tokenised bonds globally reached US$3.9 billion, with approximately 90% of these tokenised bonds were issued between 2021 and 2023. The Asset Tokenisation Standard (“Standard”) […]

By Anjan Roy Taxation of the super-rich is becoming current coin in International deliberations on the global financial structure and funding of development. In a recent multi-nation deliberations organised by the Heinrich Boll Stiftung of Berlin, Indian participant Rakesh Mohan, former deputy governor of RBI, drew attention to the fact that while the World bank […]

The adorable new rising star “CHOONSIK” is set to showcase his talents, leading a team of original characters to compete joyfully across four major venues. A highlight will be the highly popular 5-meter-tall inflatable CHOONSIK trophy making its grand appearance. HONG KONG SAR – Media OutReach Newswire – 2 July 2024 – In the summer of 2024, the world’s attention will be focused on the highly anticipated […]

American Airlines, a major player in the commercial aviation industry, has announced a significant stride towards sustainable air travel. The company has signed a conditional purchase agreement with ZeroAvia, a pioneering startup focused on hydrogen-electric propulsion technology for aircraft. This agreement entails the acquisition of 100 hydrogen-electric engines, potentially revolutionizing American Airlines’ regional routes. The pact signifies American Airlines’ commitment to reducing its environmental footprint. Hydrogen-electric engines […]

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Just in:
US resumes flights after nationwide air traffic shutdown // Rooftop solar planning gaps behind power shortages // Salik posts Dhs1.045bn profit despite lower toll traffic // Saudi fund assets forecast to cross $400 billion // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Woman found dead as bank moves to repossess home // Nvidia appoints Colette Kress interim chief after Huang departure // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Hackers falsify NVIDIA GPU readings to mask cryptomining // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Microsoft restores services gradually but gives no recovery deadline // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Fujairah highway pile-up leaves 14 dead and 30 injured // China’s Taiwan warning tests Washington’s defence commitments // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // US authorities dismantle North Korean cryptocurrency deception infrastructure // Crescent Enterprises venture arm funds Oyster Therapeutics development // Inpex reaffirms Gulf oil strategy despite shipping constraints //