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K Raveendran Dubai has long been synonymous with audacious innovation and a relentless pursuit of growth. While oil has historically fueled the region’s prosperity, forward-thinking entities are increasingly turning to unconventional methods to diversify revenue streams. One such method gaining traction is the strategic use of naming rights. Dubai Metro serves as a prime example of this ingenuity. Faced with the need to supplement ticket sales, authorities […]

KAOHSIUNG, TAIWAN – Media OutReach Newswire – 29 February 2024 – As head of a delegation comprising officials and local businesses to KUMAMOTO Industrial Revitalization EXPO 2024, Deputy Mayor of Kaohsiung Lo Ta-sheng officiated the opening of the Kaohsiung Pavilion and signed an MOU on innovative startups with the Japanese city. On top of attesting to the friendship between the two cities and expanding bilateral exchanges, Kaohsiung’s […]

Saudi Aramco, the world’s largest oil producer, announced on Friday the successful completion of its acquisition of a 100% stake in Esmax Distribución, a leading Chilean fuels and lubricants retailer. This move marks Aramco’s first foray into the downstream retail market in South America, signaling its ambitions for regional expansion and diversification. Esmax boasts a well-established network across Chile, encompassing retail fuel stations, airport operations, fuel distribution […]

The Abu Dhabi National Oil Company (Adnoc) emerged as the top investor in low-carbon solutions among national oil companies in 2023, according to a report by Energy Intelligence. This achievement comes despite a significant decline in low-carbon spending across the global oil and gas sector last year. While many energy companies prioritized profitability and meeting the rising demand for fossil fuels, Adnoc, responsible for almost all of […]

The Abu Dhabi National Oil Company (Adnoc) announced the successful completion of its acquisition of a 24.9% stake in OMV AG, a global energy and chemicals company headquartered in Vienna, Austria. The acquisition, finalized on February 29, 2024, was purchased from Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates. This strategic move aligns with Adnoc’s ambitions to expand its footprint in the […]

Silence Laboratories is on a mission is to enable a global privacy-compliant collaboration infrastructure that would enable enterprises to collaborate, and exchange inferences while removing all single points of failure Singapore – February 29, 2024 /MarketersMEDIA/ — Silence Laboratories is on a mission to create infrastructure to enable complex data collaborations between enterprises and entities, without any sensitive information being exposed to the other engaging parties. Silence […]

HONG KONG SAR – Media OutReach Newswire – 29 February 2024 – TUMI, the leading international travel, lifestyle and accessories brand, is venturing further into the world of performance luxury with the launch of a premium collection of golf bags and accessories. An extension of TUMI Sport, the new Golf collection delivers strength and hyper-functionality, fueling peak performance for golf competitors and enthusiasts alike. Encompassing a total […]

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New C-suite leadership appointments to supercharge growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), announced a 28% year-on-year increase in fee-related earnings (FRE) to S$331 million, up from S$258 million in FY 2022. The announcement was made during CLI’s Full Year 2023 Financial Results which […]

HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Media OutReach Newswire, Asia’s first global newswire, has launched its own press release distribution network for the USA market. As the first global newswire in Asia to build a dedicated distribution network across the USA, clients will have unlimited access to a proprietary database of more than 50,000 journalists and editors covering more than 443 […]

HKSTP heads to LEAP 2024 to fuel the Saudi and Middle East tech boom and spark collaboration between fast-rising global innovation forces amidst new phase of Belt and Road Initiative HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Two innovation and technology flagships in Hong Kong, the Hong Kong Science and Technology Parks Corporation (HKSTP) and the Hong Kong Cyberport, are collaborating to […]

The demand for data center services in the Gulf Cooperation Council (GCC) is experiencing a surge, with Saudi Arabia and the United Arab Emirates (UAE) leading the charge. This growth is attributed to several factors, including government initiatives focused on building robust digital economies, the rising adoption of emerging technologies like the Internet of Things (IoT) and Artificial Intelligence (AI), and the presence of major international cloud […]

Harnesses top tech trends to help talent navigate the fast-evolving workplace and drive success of the I&T ecosystem HONG KONG SAR – Media OutReach Newswire – 26 February 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) is organising its annual Innovation and Technology (I&T) Career Expo on 8 March 2024 under the theme of “Talent Power Up”, offering talent with both tech and non-tech background […]

BANGKOK, THAILAND – Media OutReach Newswire – 21 February 2024 – Reinforcing its success in establishing a borderless global business ecosystem, Siam Piwat Group, Thailand’s leading real estate and retail developer, the owner and operator of Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM, ICS, and Siam Premium Outlets Bangkok, has recently unveiled a significant collaboration. Partnering with Hyundai Department Store, […]

Technology and collaboration-focused talent hub offers a skills development program that will benefit 300,000 Malaysians by 2026 KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 22 February 2024 – CloudMile announces the grand opening of the CloudMile Centre of Excellence (CoE) in Malaysia which will be serving customers across Southeast Asia (S.E.A). The CoE, a first-of-its-kind initiative in the cloud industry, helps businesses of all sizes advance […]

20 top tech ventures selected for the Grand Finale in Hong Kong, with a target of US$45 million investment to be arranged, up to US$5 million in HKSTP venture funding and US$240,000 in cash prizes EPiC goes global to attract top startups with Lion city joining other semi-finals in Silicon Valley, Stuttgart in Germany and Hong Kong The first EPiC Asia Pacific semi-final in Singapore connects startups […]

The centre will focus on developing and delivering innovative technology solutions to its clients across various industries, as well as exploring and creating new possibilities for the future SINGAPORE – Media OutReach Newswire – 23 February 2024 – X0PA AI, a leading provider of artificial intelligence solutions for talent acquisition, announced today the opening of its new centre of excellence in Singapore. The centre will serve as […]

HONG KONG SAR – Media OutReach Newswire – 22 February 2024 – Orbis, an international nonprofit dedicated to global blindness prevention for over 40 years, is pleased to announce the return of its iconic Flying Eye Hospital to Hong Kong after an eight-year hiatus. To express gratitude for the generous support from Hong Kong, Orbis, in collaboration with Hip Shing Hong (Holdings) Company Limited (referred to as […]

By Saifur Rahman The number of mainland business license in Dubai jumped 26.8 percent to 217,788 companies in 2023, according to Dubai Chambers.  “[The year] 2023 has been another year of landmark achievements for Dubai Chambers in which we furthered our commitment to serving our members’ interests. The record growth in the number of new member companies is a testament to our success in enhancing the competitiveness […]

Shiba Inu, the cryptocurrency that gained immense popularity in recent months, has been a focal point of discussions among investors and enthusiasts alike. The potential for significant financial gains has drawn attention, with many eyeing the possibility of becoming a millionaire through Shiba Inu investments. However, this financial windfall is contingent on a specific event. Investors closely monitor ShibaSwap, the decentralized exchange platform associated with Shiba Inu. […]

Communities in the UAE are actively collaborating to combat the escalating garbage crisis. Local initiatives aim to foster responsible waste management, encouraging citizens to participate in sustainable practices. As waste accumulates, citizens and authorities unite for a cleaner environment. The growing garbage predicament necessitates immediate attention. Various neighborhoods witness an upsurge in waste production, straining existing disposal systems. Local municipalities confront the challenge of efficiently managing the […]

Cryptocurrency enthusiasts are eagerly eyeing potential breakouts in 2024, with Celestia and Scapesmania emerging as frontrunners. Investors are closely monitoring these digital assets for a promising surge in the coming months. Celestia, a blockchain-based currency, has demonstrated steady growth, attracting attention with its innovative features. Market analysts anticipate a substantial rise, citing the platform’s robust infrastructure and strategic partnerships. As global interest in decentralized finance expands, Celestia […]

Dubai, UAE – Strengthening international financial ties, the Dubai Financial Services Authority (DFSA) has entered into a Memorandum of Understanding (MoU) with the Central Bank of Mauritius. The move aims to enhance regulatory cooperation and foster a more robust financial framework between the two entities. Under the MoU, both regulatory bodies commit to facilitating the exchange of information and expertise to ensure the stability and integrity of […]

Leading financial experts at the Riyadh Forum conveyed a sense of genuine excitement among global investors regarding the Saudi capital market. The consensus emerged during discussions at the forum, indicating a positive outlook and heightened interest in investment opportunities within Saudi Arabia. The forum, a prominent gathering of financial minds, featured insightful dialogues on the economic landscape. Experts highlighted the increasing appeal of the Saudi capital market, […]

Riyadh: Alat, a pioneering company spearheading global industry transformation, has unveiled four major partnerships with renowned technology giants Softbank Group, Carrier Corporation, Dahua Technology, and Tahakom. As a subsidiary of the Public Investment Fund (PIF), Alat is set to propel Saudi Arabia into a world-class manufacturing hub by fostering sustainable practices, aiding partner Read the full story on 1arabia.com

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