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Emirates Group records AED 4.1 billion half-year profit // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Meraas showcases five residential zones at Dubai Design Week // Oil and chip shares retreat after Democratic victories // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Govt opposes Arlekar’s PSC action // Cloudflare unveils Zero Wire vulnerability intelligence service // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Hong Kong mandates crypto transaction disclosures to tax authorities // ADIA and partners establish $1.4 billion aviation venture // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Cyberport Venture & Capital Forum 2026 Grand Opening // OpenAI identifies 948 Linux privilege escalation flaws using AI // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Dubai boat show confirms international shipyard line-up for November // APT29-linked campaign exploits outdated Apple and Android software // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Anthropic to prohibit persistent abuse of Claude chatbot //

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Nigeria’s central bank has revealed a staggering $2.4 billion in false foreign exchange claims, which have exacerbated the country’s already fragile currency market. Central bank governor Yemi Cardoso announced that a recent forensic audit conducted by Deloitte unveiled these invalid claims, part of a larger $7 billion backlog of unmet dollar demands. The revelations have further strained the naira and created uncertainties in the currency market. This […]

US $5.9 million Prize attracts submissions from 156 countries High number of entries leverage advanced technologies like artificial intelligence and blockchain to address pressing sustainability challenges Since 2008, the Prize has transformed the lives of over 384 million people ABU DHABI, UAE – Media OutReach Newswire – 9 August 2024 – The Zayed Sustainability Prize, the UAE’s pioneering global award for sustainability and humanitarianism, has officially closed […]

Arabian Post Staff ADNEC Group has partnered with Hub71, Abu Dhabi’s distinguished global tech ecosystem, to elevate the visitor experience at ADNEC Centre Abu Dhabi. The collaboration is poised to transform the registration, booking, and sales processes through cutting-edge technological solutions, solidifying ADNEC Centre’s position as a premier event venue in the region. The strategic alliance between ADNEC Group and Hub71 signifies a critical step in the […]

By Dr. Gyan Pathak The Artificial Intelligence revolution could further widen the gap between high and low-income countries, a new joint report from International Labour Organization (ILO) and the UN Office of the Secretary General’s Envoy on Technology has warned, unless cooperative international action is taken to address uneven and low level of investment in […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 August 2024 – A perfect storm: weak US jobs data, Middle East tensions, and Japan’s policy shift ignite global market chaos. Is this the beginning of the end for the bull market? Octa broker takes a deep dive into Monday’s market meltdown. The seeds of what would become a tumultuous Monday for Asian markets were sown during the […]

HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – “Zero-Prepayment Storage” RESTORE is coming to Chai Wan and Hung Hom this September, as part of its plan to provide innovative and carefree mini storage service to more locations in Hong Kong. RESTORE currently operates close to 25 mini storage facilities across the territory, including Tuen Mun, Kwai Chung, Hung Hom, Sai Wan, North Point, […]

Saudi Arabia has emerged as a leading nation in global employment growth, according to a new report analyzing job market trends across 67 countries. The report highlights significant strides made by the Kingdom in boosting employment opportunities and reducing unemployment rates over recent years. The study, which evaluates employment growth based on various economic and labor market indicators, places Saudi Arabia at the forefront of job creation. […]

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AI Platform Strategy Extends to New Partnerships and Industry Cooperation HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) continues to pioneer advancements in its cybersecurity platform to secure enterprise AI use. Aligned with this innovation focus, the company today announced its partnership with GMI Cloud, a leading venture-backed AI-native GPU cloud provider specializing in the development […]

HO CHI MINH, VIETNAM – Media OutReach Newswire – 9 August 2024 – Gene Solutions, a pioneering genetic testing company in South-East Asia, is excited to announce the publication of a new peer-reviewed study that validates the analytical capabilities of its innovative, AI-driven Tumor-Specific Methylation Atlas (TSMA). The study, published in BMC Journal of Translational Medicine: “Tissue of origin detection (TOO) for cancer tumor using low-depth cfDNA […]

As the global wave of financial technology surges, a grand event gathering industry elites to inspire future thinking is about to unfold in Bangkok. BANGKOK, THAILAND – Media OutReach Newswire – 8 August 2024 – Hosted by the internationally renowned Fintech service provider WikiGlobal, the WikiEXPO Thailand will kick off on September 7, inviting Fintech companies, investors, and industry leaders from Thailand and around the world to […]

Saudi Kingdom Holding has announced a significant leap in its second-quarter net profit, achieving a remarkable 100% increase compared to the same period last year. This surge reflects the company’s robust performance and strategic adjustments made over the past year. The holding company, which oversees a diverse portfolio of investments across various sectors, attributed the profit growth to its enhanced investment strategies and successful ventures in both […]

Establishing Extensive Connections with Thailand’s Innovation Ecosystem as 8 Thai Startups Successfully Land at HK Science Park HONG KONG SAR – Media OutReach Newswire – 8 August 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) is leading 14 pioneering startups to the Techsauce Global Summit 2024, Southeast Asia’s premier innovation and technology flagship event, from 7-9 August in Bangkok, Thailand. The participation aims to support […]

HONG KONG SAR – Media OutReach Newswire – 8 August 2024 – The annual Digital Entertainment Leadership Forum (DELF) 2024, organised by Cyberport, will be held from August 16 to 18 at the Cyberport campus. This year’s theme is “Imaginary Fairground: AI-Powered Entertainment in the Web 3.0 Era”. The event will feature industry forums, experiential zones, workshops, and competitions, allowing attendees to immerse themselves in a vibrant […]

PetroRabigh’s shares have surged to their highest level in nearly three years following the announcement of a significant partnership with Saudi Aramco. The dramatic increase in PetroRabigh’s stock price reflects strong investor confidence in the future of the joint venture. The deal, unveiled earlier this week, marks a pivotal moment for PetroRabigh as it involves a substantial investment from Saudi Aramco. The collaboration is set to enhance […]

Saudi Arabia has introduced a competitive bidding process for seven new mining exploration licenses, encompassing approximately 1,000 square kilometers. This announcement, made on August 7 by the Ministry of Industry and Mineral Resources, marks a strategic move to bolster the nation’s mining sector and attract investment from both local and international entities. The new exploration licenses are distributed across several regions known for their mineral wealth. One […]

Pop Queen of Chinese Music World to Celebrate National Day with Exhilarating Musical Spectacle at Studio City Ticket Sales Starting on August 19 Melco Style Members to Enjoy Advance Booking with Exclusive Privileges from August 12-18 MACAU SAR – Media OutReach Newswire – 8 August 2024 – Melco Style announces another much-anticipated musical extravaganza that can’t be missed – Na Ying, the Pop Queen of Chinese Music […]

Binance has officially announced the inclusion of Toncoin on its trading platform. Effective today at 13:00, users will be able to trade Toncoin against major cryptocurrencies and fiat currencies. The new trading pairs will include TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY. The addition of Toncoin to Binance’s lineup comes as part of the exchange’s ongoing effort to expand its offerings and cater to a growing demand for diverse […]

Arabian Post Staff Saudi Aramco is poised to enhance its influence in the petrochemical sector through a significant acquisition. The energy giant has announced plans to acquire a substantial stake in Petro Rabigh, a major player in the petrochemical industry. This strategic move reflects Aramco’s ongoing efforts to diversify its investments and strengthen its foothold in the global market. Petro Rabigh, a joint venture between Saudi Aramco […]

Amdocs’ next-generation operational support systems (OSS) platform will modernize, unify, orchestrate and automate PLDT’s network operations on the public cloud, empowering PLDT to streamline their end-to-end business processes JERSEY CITY, NJ – ACCESSWIRE – 7 August 2024 – Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that PLDT Inc. (PLDT), a leading telecommunications and digital service provider in the […]

Sony’s PlayStation 5 has achieved a significant milestone by surpassing 60 million units sold since its launch four years ago. This accomplishment underscores the console’s popularity and the strength of its gaming ecosystem despite facing stiff competition in the market. The PlayStation 5, released in November 2020, quickly became a sought-after item, with initial stock shortages causing frustration among eager gamers. The console’s innovative features, including advanced […]

SINGAPORE – Media OutReach Newswire – 8 August 2024 – Singapore-based fintech ROSHI has published an in-depth analysis of the cost of living in Singapore, including local trends and regional comparisons within Southeast Asia. By examining various economic factors and utilising data from 2024, the report offers valuable insights into the financial landscape facing Singaporeans and regional neighbours. Key findings from the report include Singapore’s position as […]

Ferrari World Abu Dhabi is set to enhance its offerings with the introduction of a state-of-the-art esports arena. This new venture is expected to elevate the park’s entertainment value, catering to the burgeoning interest in competitive gaming and digital sports. The arena will feature advanced gaming technology and spaces designed to host both local and international esports tournaments. The esports arena will occupy a prominent area within […]

By Dr. Gyan Pathak Even though Supreme Court of India has given its verdict that Lieutenant Governor (LG) of Delhi has power to nominate ‘aldermen’ to the Municipal Corporation of Delhi (MCD) under Delhi Municipal Corporation Act, 1957 without aid and advice of the Council of Ministers of Delhi, LG must continue the tradition of […]

Arabian Post Staff Kazakhstan Stock Exchange (KASE) has officially joined the Tabadul Digital Exchange Hub, a platform established by the Abu Dhabi Securities Exchange (ADX). This collaboration marks KASE as the sixth exchange to integrate into the Tabadul network, paving the way for enhanced bilateral cross-exchange trading and stronger strategic partnerships. The integration into Tabadul is a significant move for KASE, which aims to expand its global […]

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Just in:
Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Emirates Group records AED 4.1 billion half-year profit // Vance attributes Republican midterm defeats to Iran conflict // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Utilities pursue ₹1,992 cr in unpaid bills // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Govt opposes Arlekar’s PSC action // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Democrats capture Senate majority with seven Republican seats // Oil and chip shares retreat after Democratic victories // Dubai boat show confirms international shipyard line-up for November // Anthropic to prohibit persistent abuse of Claude chatbot // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Pinarayi faults UDF over mounting road crashes // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // APT29-linked campaign exploits outdated Apple and Android software // Middle East governments assess Iran war after US vote //