HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – Prudential plc (“Prudential”; HKEX: 2378; LSE: PRU) today announced its financial results for the year ended 31 December 2023. Performance highlights on a constant (and actual) exchange rate basis New business profit up 45 per cent (43 per cent) to $3,125 million. Excluding the effect of interest rate and other economic movements, new business profit […]
PHNOM PENH, CAMBODIA – Media OutReach Newswire – 19 March 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, has recently hosted the third Chen Zhi Scholarship Award Ceremony, marking a significant advancement in educational empowerment. This event celebrated the selection of 100 students who are set to begin a transformative educational journey. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of […]
Thuraya Telecommunications Company, a leader in mobile satellite services, has announced a strategic partnership with Niflink, a provider of advanced e-learning and telemedicine solutions. This collaboration aims to bridge the gap in remote areas by offering critical healthcare and educational services via Thuraya’s expansive satellite network. The partnership leverages Niflink’s adaptable telemedicine and e-learning platforms, optimized to function seamlessly across Thuraya’s network spanning the Middle East, Africa, […]
Partnership also sees Aston Business School making its debut in Singapore SINGAPORE – Media OutReach Newswire – 19 March 2024 – Kaplan Singapore1 (Kaplan) has today announced Aston University from the United Kingdom as its newest university partner. The partnership will see an exciting array of in-demand Postgraduate Degree programmes, including Doctor of Business Administration and a suite of Master of Science programmes being offered to students […]
Continues to Penetrate Non-first-tier Cities in PRC and Taps into International Market Offers Diverse Travel Experiences to Develop Into New Generation National Travel Platform HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Tongcheng Travel Holdings Limited (“Tongcheng Travel” or the “Company”, together with its subsidiaries the “Group”, stock code: 0780.HK), an innovator and leader in China’s online travel industry, today announced its audited […]
The first tertiary institution in Hong Kong to use the metaverse for admissions HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Lingnan University expects a significant increase in the number of non-local student applicants when publicly funded universities’ admission quota of non-local students doubles to 40 per cent in the 2024/25 academic year. To attract outstanding students from around the world, the University […]
The United Arab Emirates Astronaut Programme is etching its name in the annals of scientific discovery, fostering a new era of Arab participation in space exploration. Established in 2017, the program meticulously trains Emirati astronauts for missions aboard the International Space Station (ISS) and future endeavors beyond Earth’s orbit. More than simply a platform for space tourism, the UAE Astronaut Programme prioritizes scientific contribution. Emirati astronauts onboard […]
The United Arab Emirates (UAE) Public Prosecution has shed light on the consequences of organized begging, aiming to raise public awareness and combat this exploitative practice. Their efforts come amidst a focus on strengthening the country’s legal framework and ensuring community safety. According to the UAE Penal Code (Federal Decree-Law No. 31 of 2021), individuals who manage organized begging operations involving two or more people face significant […]
Arabian Post Special The 100-day lead-up to COP28 in Dubai, held under the UAE’s presidency, was a period of both anticipation and scrutiny. The urgency of the climate crisis demanded “transformative climate action,” as the UAE itself declared. Their focus on global solidarity resonated with many, yet the nation’s dependence on fossil fuels cast a long shadow. A defining achievement of the pre-COP period was the announcement […]
Dubai’s real estate market, known for its luxurious skyscrapers and artificial islands, is facing potential uncertainty due to a recent merger within its state-owned holding company, Dubai Holding. The merger, which combines real estate giants Nakheel and Meydan, has industry experts analyzing the possibility of increased tenant churn, particularly in the residential sector. Nakheel, the developer behind the iconic Palm Jumeirah, has a vast portfolio of residential […]
HONG KONG SAR – Media OutReach Newswire – 18 March 2024 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) has joined hands with various partners and digital platforms to provide customers with protection tailored to their different needs in life. Its latest strategic partnership with AlipayHK offers customers 5-day travel insurance for only HK$1 and a host of HK$20 premium vouchers for a limited-time Easter promotion. Ms. […]
Kuwait’s creditworthiness received a vote of confidence from Fitch Ratings, a leading credit rating agency. On Friday, March 15, 2024, Fitch affirmed the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-‘. This rating indicates a very low likelihood of default on sovereign debt obligations. The positive assessment hinges on Kuwait’s exceptionally strong financial position. The nation boasts one of the most robust fiscal and external balance […]
World football’s governing body, FIFA, has pledged a significant financial commitment to grow the sport globally. On March 15th, the FIFA Council unanimously approved a $2.25 billion investment plan for football development initiatives over the next three years. This substantial increase marks a major shift in FIFA’s development strategy, representing nearly seven times the amount allocated to such programs prior to 2016. The ambitious plan aims to […]
The United Arab Emirates (UAE) is emerging as a leader in promoting gender equality within the critical issue of climate action. Recognizing women’s unique vulnerabilities and strengths in the face of a changing environment, the UAE is implementing initiatives and advocating for global recognition of women’s role in building a sustainable future. This commitment is evident in the UAE’s leadership of the upcoming Conference of the Parties […]
Corporate diversification and transformation strategy successfully yielding results, delivering sustained financial performance that surpassed guidance. Revenue increased 18% YoY, hitting a record high of USD 1.8 billion for FY2023. Strong underlying performance with EBITDA at USD 412 million for FY2023, a 13% increase YoY. Strong performance attributed to contract wins, record coal production, proactive cost management strategies and increased diversification to metallurgical coal which now contributes 19% […]
The Gulf Cooperation Council (GCC), a political and economic alliance of six nations in the Persian Gulf, has set its sights on a significant travel policy change: visa-free entry to the Schengen Area. This ambitious plan, recently announced by GCC Secretary-General Jasem Albudaiwi, signifies a major step towards simplifying travel for citizens across the Gulf region. Albudaiwi revealed his intention to lobby for the exemption during his […]
The United Arab Emirates (UAE) has secured an impressive seventh position on a global ranking that evaluates national efforts to promote gender equality. This achievement marks a significant step forward for the nation, placing it first in the Middle East region according to the Gender Inequality Index, a key component of the United Nations Development Programme’s Human Development Report. The Gender Inequality Index gauges a country’s success […]
The Saudi Food and Drug Authority (SFDA) is extending an olive branch to American healthcare companies, signaling a potential surge in foreign investment within the Kingdom’s flourishing medical field. Dr. Hisham bin Saad Aljadhey, the CEO of SFDA, recently convened with representatives from various US firms specializing in pharmaceuticals, medical devices, and food safety technologies. These meetings, strategically held on the sidelines of the International Medical Device […]
In a move aimed at addressing the country’s undocumented immigrant population, the Kuwait government unveiled a new program today offering a three-month amnesty window. Visa violators currently residing in the country will be granted a chance to regularize their status or depart without facing penalties. This initiative, known as the Regularization Pathway Program, is designed to bring undocumented immigrants into compliance with immigration laws. It’s estimated that […]
PHNOM PENH, CAMBODIA – Media OutReach Newswire – 15 March 2024 – Prince Holding Group, one of Cambodia’s leading business groups, recently hosted students from the National University of Singapore (NUS) as part of the NUS Global Industry Insights (GII) program. This initiative aims to bridge academic learning with industry practice by immersing students in Cambodia’s vibrant economy, offering a mix of theoretical and practical insights. Students […]
All new annual conference on critical issues in tech, finance, talent and energy, with a spotlight on Asia and convening industry leaders and investors from some of the world’s most dynamic companies Over 60 speakers, including top executives from Google, Amazon, Intel, Nike, Rakuten, Walmart, Cathay Pacific, Dow, Medtronic and more Summit kicks off with special Fortune Most Powerful Women networking program featuring top female leaders from […]
A US judge has rejected attempts by cryptocurrency exchange Gemini and its lending partner Genesis Global Capital to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) regarding Gemini’s Earn program. The SEC alleges that Gemini and Genesis offered and sold unregistered securities through the Earn program, which allowed users to lend their cryptocurrency holdings in exchange for interest payments as high as 8%. In […]
Hong Kong ranks first on merchandise trade depth and FDI flows depth The city ranks fourth in terms of the scale of its international flows relative to domestic activity Globalization reached a record high, despite pandemic and geopolitical conflict Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West HONG KONG SAR – Media OutReach Newswire – 14 March 2024 – […]
Kuwait has announced a new program aimed at addressing the residency status of undocumented foreign residents within its borders. The three-month initiative, effective from [date to be announced], will provide a pathway for those residing in the country without legal authorization to regularize their immigration status. This announcement comes amidst ongoing discussions within Kuwait regarding the management of its expatriate population. While foreign workers play a crucial […]
