News related to
President

Galaxy Macau Collaborates with “Luzhou Laojiao · Guojiao 1573” Spring Festival Tasting Pop-Up Store Debuts

Experience Exclusive 2025 Yisi Snake Year Baijiu at Galaxy Macau Until March 31, 2025 MACAU SAR – Media OutReach Newswire – 18 January 2025 – In the spirit of the Lunar New Year, the world-class integrated resort, Galaxy Macau™ has partnered with the renowned Guojiao 1573, one of China’s most prestigious baijiu brands, to present the first-ever “Auspicious Snake · Guojiao 1573 Tasting Festival” pop-up store in […]

Nomination period for the Broermann Medical Innovation Award started

Prize money of one million euros higher than the prize money for the Nobel Prize for Medicine Award honors researchers worldwide who have done pioneering work in medicine, biotechnology, or related fields GIEßEN, GERMANY – Newsaktuell – 17 January 2025 – The nomination period for the Broermann Medical Innovation Award has started. The prize, which will be awarded for the first time this year, is aimed at […]

Hong Kong’s Flagship Financial Forum Guests Enjoy City’s Multi-Faceted Appeal with Tourism Board

HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – To attract high-yield visitors to Hong Kong, the Hong Kong Tourism Board (HKTB) constantly promotes the development of Meetings, Incentives, Conventions and Exhibitions (MICE) tourism through elevating business travellers’ experience in Hong Kong, reinforcing the city’s position as the “World’s Meeting Place”. In line with this mission, and with the vision of the newly released […]

DHL refashions retired DHL courier uniforms for a charitable cause

The limited-edition pre-order will begin today, marking the addition of new DHL fashion items to the sought-after DHL collection among fashionistas In collaboration with the local NGO Redress, a charity sale of the fashion pieces will be held, with all profits to be donated in support of next generation of designers to address fashion’s environmental challenges HONG KONG SAR – Media OutReach Newswire – 8 January 2025 […]

Global finance leaders set tone for 2025 at the Asian Financial Forum

HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre, which drew more than 3,600 participants, including over 130 high-level speakers, and facilitated 700-plus one-on-one AFF Deal-making meetings to link up sources of funds with investment projects around the globe. The Asian […]

Masdar Invests $15 Billion in Philippine Renewable Energy Projects

The United Arab Emirates’ state-owned energy firm, Masdar, has entered the Philippine renewable energy market by signing a $15 billion agreement to develop solar, wind, and battery energy storage systems. This initiative aims to deliver up to 1 gigawatt (GW) of clean power by 2030, with plans to scale up to 10 GW by 2035. Philippine Energy Secretary Raphael Lotilla described the partnership as a transformative step […]

Smart Mobility, Seamless Journeys: APAS Leads a New Era for “Northbound Travel for Hong Kong Vehicles”

HONG KONG SAR – Media OutReach Newswire – 16 January 2025 – The Transport Department of the HKSAR Government recently announced an increase in the daily processing capacity for “Northbound Travel for Hong Kong Vehicles”, raising the limit from 400 to 500 applications per working day, reflecting a growing demand in the market. Automotive Platforms and Application Systems (APAS) R&D Centre has been actively working with professional […]

Disruptor President-Elect Donald Trump Baffles Peaceniks And Liberals

By Nitya Chakraborty The announcement on Gaza between Israel and Hamas just five days before the inauguration of Donald Trump as the President of USA on January 20 has baffled many leaders of the peace movement as also left liberal political analysts as to how to properly assess the policies of this hard far right […]

Make Your Moment: OPPO Announces Lamine Yamal as Global Brand Ambassador

SHENZHEN, CHINA – Media OutReach Newswire – 16 January 2025 – OPPO today announced 17-year-old Spanish football prodigy, Lamine Yamal, as its global brand ambassador. In his new role, Yamal will play a pivotal part in OPPO’s “Make Your Moment” brand refresh initiative, working with OPPO to inspire more young people worldwide to seize the present, channel their passion into action, and create their own extraordinary stories […]

Dubai Launches Creators HQ to Attract Global Influencers with Golden Visas

Dubai has unveiled the Creators HQ, a pioneering initiative aimed at attracting 10,000 influencers to the United Arab Emirates (UAE) in the coming years. Located in Emirates Towers, this hub is designed to empower digital content creators by providing comprehensive support, including assistance with UAE Golden Visa applications, relocation services, and business setup facilitation. The Creators HQ was inaugurated during the third edition of the 1 Billion […]

Abu Dhabi to Host World’s Largest 24/7 Solar PV and Battery Storage Facility

Abu Dhabi is set to become the site of the world’s largest 24/7 solar photovoltaic (PV) and battery storage facility, a groundbreaking project that aims to deliver 1 gigawatt (GW) of uninterrupted renewable energy daily. This initiative marks a significant advancement in the United Arab Emirates’ (UAE) commitment to sustainable energy and positions the nation as a global leader in renewable energy innovation. The project, a collaboration […]

ABBANK invests in Backbase to launch digital banking platform with 100% customer migration in 3 months

ABBANK accelerates customer-centricity for business owners through platform innovation HANOI, VIETNAM – Media OutReach Newswire – 15 January 2025 – Backbase, the pioneer in Engagement Banking, has announced that its customer, An Binh Commercial Joint Stock Bank (ABBANK), has successfully launched a new business digital banking platform – ABBANK Business, marking a pivotal step in ABBANK’s commitment to supporting all enterprise segments, enhancing customer-centric digital experiences across […]

Global Financial Leaders Meet in Hong Kong to Explore Growth Engines

HONG KONG SAR – Media OutReach Newswire – 14 January 2025 – Around 3,600 policymakers, business leaders, investors and scholars from around the world are attending the 18th Asian Financial Forum (January 13-14) in Hong Kong, the region’s first major finance event in 2025. Themed “Powering the Next Growth Engine”, AFF features high-level discussions, deal-making and networking as well as insights from some 130 elite speakers on […]

Greater Bay Area Residential Transactions Stabilized in 2H 2024 With Central Government’s Support

Neighborhood Retail Assets and Industrial/Logistics Sector Gain Investors’ Interest Since the Politburo’s emphasis in its September 2024 meeting that authorities “must work to halt the real estate market decline and spur a stable recovery,” Chinese mainland residential market sentiment has strengthened significantly, supporting a pick-up in primary market home sales Total investment volume in the Greater Bay Area (GBA) commercial real estate (CRE) market recorded RMB44.7 billion […]

Financial market predictions for 2025 by global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – 2024, a year of geopolitical stress and major political changes, is drawing to a close. It is time to focus on the future and identify new trading opportunities. However, according to Octa broker, the outlook for the global economy is uneven and mixed, ‘rife with uncertainties and riddled with challenges’, so traders are advised to […]

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem. Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups Through this collaboration, startups will gain access to cutting-edge electronics […]

HKICPA participates in the Asian Financial Forum 2025: Explores new growth engines in global sustainability

HONG KONG SAR – Media OutReach Newswire – 13 January 2025 – The Hong Kong Institute of Certified Public Accountants (HKICPA) is participating in the two-day “Asian Financial Forum 2025” from today (13 January to 14 January), to promote Hong Kong’s sustainable development and the implementation of the HKFRS Sustainability Disclosure Standards (HKFRS SDS). At the Forum, the HKICPA President Edward Au shared the importance of HKFRS […]

Trumpeting A US Annexation Of Canada, Greenland May Not Be A Wishful Thinking

By Nantoo Banerjee There seems to exist a method in US President-elect Donald Trump’s madness when he talks about his desire to annex Canada and Greenland, and renaming the Gulf of Mexico among others. A US annexation of Canada is possible through a treaty between the two countries involving the British Monarch, or a referendum […]

VT Markets Anticipates Cryptocurrency Growth from Policy Changes and Market Momentum in 2025 Q1 Economic Outlook

HONG KONG SAR – Media OutReach Newswire – 13 January 2025 – VT Markets, an award-winning financial services provider, today releases its 2025 Q1 Economic Outlook. The report highlights how the dual tailwind of favourable policies and market dynamics will propel the cryptocurrency sector into a new era of mainstream adoption. The report also underscores the transformative strides achieved by cryptocurrencies in 2024, which sets the stage […]

Trump’s Influence Reflects in Damac’s $20bn Investment

Damac Properties, a major real estate development company based in the UAE, has announced a remarkable $20 billion investment deal that marks a significant milestone in the continued strengthening of ties between the Gulf region and former President Donald Trump. The deal comes on the heels of growing business activities between the Trump Organization and companies within the UAE, signaling a deepening relationship that blends politics and commerce.

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE and surrounding regions, areas that have seen a significant increase in foreign investment in recent years. This particular venture, supported by Damac, which is one of the region’s most influential real estate developers, not only marks a huge financial commitment but also highlights Trump’s ongoing influence in the Middle East, a region where he has cultivated robust business partnerships.

Damac’s decision to align with the Trump Organization further consolidates the firm’s position within the luxury real estate sector, particularly as demand for high-end properties in the Gulf grows. The projects set to be developed under this partnership will span various sectors, from residential to commercial spaces, further enhancing the region’s appeal as a hub for international business.

This growing collaboration between Trump and Gulf-based entities like Damac points to a shift in the way Gulf states are engaging with American businessmen. The partnership reflects a broader trend where the region’s wealthy investors see value in deepening their relationships with powerful political figures, especially those with a global influence, such as Trump.

While Trump’s presidency left a complicated legacy regarding his ties to foreign governments, the current investment underscores the longevity of his business connections, particularly in the UAE, which remains one of the most lucrative and influential partners for Trump outside the United States. Under the terms of the deal, Trump will lend his brand to high-profile projects, which will undoubtedly raise the profile of these developments globally.

The expansion of Trump’s real estate ventures in the region speaks volumes about his sustained business interests in the Middle East. Trump’s brand, which has long been associated with luxury and wealth, aligns seamlessly with the aspirations of Gulf investors looking to increase their visibility on the global stage. The collaboration has also highlighted the shifting dynamics in real estate development, where political figures increasingly play a key role in shaping the future of business deals across borders.

What is especially notable is the involvement of the UAE in these initiatives. As one of the most economically diversified countries in the Middle East, the UAE is positioning itself as a leader in not only finance and tourism but also in the luxury real estate market. The Trump Organization’s presence in the region further underscores the country’s influence and its ability to attract major international investors. Despite concerns over the potential conflicts of interest due to Trump’s dual role as a businessman and political figure, the Gulf region has continued to welcome his projects, leading some analysts to question the broader implications of such investments.

The agreement also raises questions about the future of Trump’s business operations, especially in the context of his ongoing political career. With his political influence diminishing following his presidency, the $20 billion investment deal could be seen as an attempt to stabilize his financial portfolio by aligning with powerful Middle Eastern entities. The Trump Organization’s expansion into luxury real estate markets in the UAE also fits into a broader pattern of American businesses exploring new opportunities in foreign markets that are seen as stable and profitable.

Gulf investors, including those behind Damac, have increasingly demonstrated their willingness to engage with the Trump Organization despite the political controversy that surrounds his name. For many investors in the region, the financial upside of such partnerships outweighs the potential diplomatic fallout, a sign of the region’s prioritization of economic interests over political considerations.

The deal has sparked a mixed reaction. On one hand, it is seen as a symbol of the enduring power of Trump’s brand and his ability to foster profitable business ventures, even after leaving the White House. On the other hand, critics point to the risks of such ties, with concerns over the potential influence that foreign investors could exert over American politics through business arrangements.

UAE’s MBZ-SAT Earth Observation Satellite Set for Launch

The Mohammed Bin Rashid Space Centre (MBRSC) has announced that final preparations are underway for the launch of MBZ-SAT, the UAE’s most advanced Earth observation satellite. The satellite is scheduled for launch in January 2025, marking a significant milestone in the nation’s space exploration efforts.

Developed entirely by Emirati engineers at MBRSC, MBZ-SAT is poised to become the region’s most advanced high-accuracy, high-resolution imaging satellite. Designed to operate in low Earth orbit at an altitude of approximately 613 kilometers, the satellite will provide detailed imagery with a resolution of less than one square meter. This capability is expected to support a wide range of applications, including urban planning, environmental monitoring, water quality assessment, and agricultural development.

The satellite’s development involved comprehensive environmental testing at the Korea Aerospace Research Institute (KARI) in South Korea. These rigorous tests, including thermal vacuum, vibration, acoustic, and mass properties testing, ensured the satellite’s resilience under the extreme conditions of space. Following successful testing, MBZ-SAT was transported to Vandenberg Space Force Base in California for final launch preparations.

MBZ-SAT is equipped with an advanced imaging system capable of capturing high-resolution data with unprecedented accuracy and speed. The satellite’s automated scheduling and processing systems will enable it to generate ten times more imagery than previous models, with data processed and delivered in under two hours. This rapid turnaround is expected to enhance applications such as environmental monitoring, disaster relief, and infrastructure management.

The satellite’s development also marks significant progress for the UAE’s aerospace sector, fostering local economic growth through strategic partnerships. Nearly 90% of the satellite’s mechanical structures and a significant portion of its electronic modules were produced in collaboration with UAE-based companies, including Strata, EPI, Rockford Xellerix, Halcon, Falcon, and EGA. This collaboration not only strengthens the UAE’s space capabilities but also facilitates the transfer of knowledge to local talent.

Once operational in low Earth orbit, MBZ-SAT will be monitored from MBRSC’s Mission Control Centre, where teams will analyze the data transmitted back to Earth. The launch of MBZ-SAT is expected to solidify the UAE’s reputation as a global leader in space technology and sustainable innovation.

The launch of MBZ-SAT is scheduled for January 2025, with the exact date to be confirmed. The satellite will be launched aboard a Falcon 9 rocket, with the launch site to be announced.

Senoko Energy Launches New LifeSteady Price Plan Offering Guaranteed Savings off SP Tariff

SINGAPORE – Media OutReach Newswire – 13 January 2025 – Today, Senoko Energy launches a new price plan that provides a fixed discount off the quarterly SP tariff. A first of its kind in the local market, this plan – LifeSteady – is designed to beat quarterly SP tariff fluctuations to deliver guaranteed savings for households. Figure 1: LifeSteady provides fixed discount off quarterly SP tariff “In […]

INDIA Bloc Is A Dilapidated House Now, Should Be Renovated

By Dr. Gyan Pathak Delhi elections has clearly shown that the opposition INDIA bloc has now become a dilapidated house in which the walls and pillars are falling apart. Saying two of its allies – Congress and Aam Aadmi Party (AAP) has broken away, will be an understatement, since the Congress is not only trying […]

Dah Sing Bank and Hong Kong Small and Medium Enterprises Association Join Hands to Support SMEs to Better Understand and Practice ESG

“SME ESG Charter” 2024 enhanced brand image and expanded business opportunities for participating SMEs HONG KONG SAR – Media OutReach Newswire – 9 January 2025 – Close to 90% of small and medium enterprises (“SMEs”) participating in the SME ESG Charter 2024 (“ESG Charter 2024”) have acknowledged that they have benefited from enhanced brand image, reflecting the significance of the ESG Charter 2024 jointly launched by Dah […]