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India’s ambitions to export its crown jewel, the BrahMos supersonic cruise missile, have been thrown into uncertainty following allegations of a security breach. The controversy centers on BrahMos Aerospace, a joint venture between India’s Defense Research and Development Organisation (DRDO) and Russia’s NPO Mashinostroyeniya. A recent report by Indian publication Firstpost alleged that a high-ranking former official deliberately leaked sensitive information about the missile. The allegations, if […]

FUZHOU, CHINA – Media OutReach Newswire – 25 May 2024 – To enhance the impact of the Digital China Summit, accelerate innovation in the digital economy, and propel the development of new high-quality productive forces, the Fujian Provincial Digital Economy Cooperation and Innovative Development Conference convened on May 24, 2024, coinciding with the summit’s opening. Held at the Fuzhou Strait International Conference & Exhibition Center, the event […]

Trend Micro reveals most security bosses are pressured to soften their language HONG KONG SAR – Media OutReach Newswire – 21 May 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today revealed that four-fifths (79%) of global cybersecurity leaders have felt boardroom pressure to downplay the severity of cyber risks facing their organisation. To read more on Trend’s latest research, please visit: […]

Saudi Arabia, the world’s largest oil exporter, is witnessing a turning point in its energy sector. The kingdom recently signed agreements for a record-setting 1. 1 gigawatts (GW) of wind power capacity, marking a significant stride towards its ambitious target of awarding 20 GW of renewable energy projects this year. This surge in renewable energy is directly contributing to a decrease in the country’s reliance on burning […]

Climate change isn’t just an environmental threat; it’s increasingly becoming a financial one for corporations. But a new study suggests a hidden weapon companies may wield in this battle:CEOs with a strong background in environmental issues. The research, published in a recent issue of the Journal of Business Research, explores the complex interplay between climate change exposure (CCE), corporate financial and energy performance, and the moderating effect […]

In a move that underscores the growing economic ties between the United Arab Emirates (UAE) and the United States, Abdullah bin Touq Al Marri, the UAE’s Minister of Economy, met with New York City Mayor Eric Adams on the sidelines of an official visit to the U. S. The central theme of the discussion revolved around fostering stronger economic collaboration across various sectors of mutual interest. The […]

HONG KONG SAR – Media OutReach Newswire – 24 May 2024 – Global CFDs broker VT Markets participated as a key exhibitor in the WIKIEXPO fintech expo held in Hong Kong on 17 May. Organized by WikiGlobal, the event brought together 300 exhibitors and over 3,000 elite professionals from the global financial industry to explore the integration of finance and information technology. Fintech remains highlight of the […]

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NEW YORK, US – Media OutReach Newswire – 24 May 2024 – CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round. The funds will enhance R&D, focusing on new technologies to improve products and drive innovation, according to Jiangtao Sun, founder of CBiGroup. Founded in […]

The Dubai Press Club has announced the launch of the Arab Media Summit, a comprehensive initiative designed to unify and elevate various media events held under its umbrella. This marks a significant development for the regional media landscape, fostering a platform for knowledge exchange and charting the course for the future of Arab media. The Summit serves as a culmination of the Dubai Press Club’s longstanding commitment […]

NEW YORK, USA – Media OutReach Newswire – 24 May 2024 – Recently, ZUHYX, a leading global crypto asset exchange, announced a $200 million investment fund for venture investments and innovation incubation in the Web3 domain. This fund will support startups focused on increasing crypto adoption, emphasizing project incubation, early-stage development, and later-stage growth, thereby promoting the widespread adoption of blockchain technology and cryptocurrencies. “We aim to […]

Cesarbiotic Formula May Reduce the Number of Illness Incidences, Boosts Disease Resistance by Nearly Three-Fold HONG KONG SAR – Media OutReach Newswire – 24 May 2024 – Two in five newborns in Hong Kong were delivered by C-section. The Hong Kong Polytechnic University (PolyU) study commissioned by Danone focuses on the long-term correlation between the eating habits of C-section babies and their growth needs. The study reveals […]

The 2024 International Exhibition for National Security and Resilience (ISNR) concluded in Abu Dhabi on May 23rd, marking the end of two days of intensive discussions on critical security challenges. Organized for the first time by the Ministry of Interior, Rabdan Academy, and ADNEC Group, the conference brought together leading decision-makers, security experts, and officials to delve into pressing issues in national security, policing, and crisis management. […]

Saudi Arabia’s Export-Import Bank (Saudi EXIM Bank) inked two significant agreements with prominent Japanese financial institutions, SMBC Business Banking and MUFG Bank, during the Saudi-Japan Vision 2030 Business Forum held in Tokyo. This collaboration aims to bolster cooperation and open doors for co-financing ventures, ultimately propelling Saudi non-oil exports into target markets. The agreements were signed by Eng. Saad bin Abdulaziz Al-Khalab, CEO of Saudi EXIM Bank, […]

Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]

HANOI, VIETNAM – Media OutReach Newswire – 24 May 2024 – Leveraging Vietnam’s production strengths and backed by Vingroup, the country’s largest private conglomerate, Vietnamese electric vehicle maker VinFast is poised for expansion in the European market. Vietnam’s richest man is pouring resources into VinFast, the electric vehicle arm of Vingroup, Vietnam’s largest private company. This move signals a strong belief in the future of electric mobility. […]

The Sharjah Expo Centre (ECS) witnessed a triumphant conclusion to the sixth edition of ExpoCulinaire on May 22nd, 2024. The three-day event, supported by the Sharjah Chamber of Commerce and Industry (SCCI), boasted a significant rise in exhibitor participation, with a 30% increase compared to the previous year. This growth was mirrored in a surge of international chefs, with over 3, 500 culinary professionals hailing from across […]

Strengthening of a unique NGO-corporation collaboration model that links conservation goals with economic potential and addresses societal issues like deforestation and land degradation. Extension of multi-year agreement that started in 2018, focusing on five strategic projects across the globe. By 2026, ambitious target to recover over 300 thousand hectares of degraded land in Cerrado Brazil and regenerate agricultural soils in China with a focus to impact the […]

Series of solutions and initiatives to be released throughout 2024 HONG KONG SAR – Media OutReach Newswire – 23 May 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today unveiled its plans for protecting consumers as they increasingly adopt generative AI applications alongside the expected growth in adoption of AI PCs. Designed to address the unique opportunities and risks posed by AI, […]

Italian shipbuilding leader Fincantieri SPA has announced the establishment of a subsidiary in Saudi Arabia, marking a significant step towards bolstering the kingdom’s maritime industry and aligning with its ambitious Vision 2030 development plan. This strategic move comes on the heels of Fincantieri’s recent joint venture with the UAE’s EDGE Group, solidifying the company’s commitment to expanding its footprint in the Middle East. Fincantieri Arabia, the newly […]

The Indian government’s cybersecurity agency, CERT-In (Indian Computer Emergency Response Team), has issued a critical warning to Google Chrome users, urging them to update their browsers immediately. The alert highlights several high-severity vulnerabilities that could leave users susceptible to dangerous cyberattacks. These vulnerabilities, if exploited, could grant attackers unauthorized access to user devices. Hackers could potentially steal sensitive information, install malware, or even take complete control of […]

The United Arab Emirates (UAE) announced a significant economic boost for Pakistan with the allocation of $10 billion for investment in promising sectors. The news follows a working visit by Pakistan’s Prime Minister, Shehbaz Sharif, to the UAE, where he held talks with President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This financial injection is expected to provide a much-needed shot in the arm for Pakistan’s […]

Gen-AI platform made available for international customers and enhanced partnerships announced for enriched eco-system to further support global customers PARIS, FRANCE – Media OutReach Newswire – 23 May 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced its plan to launch its first cloud region in Mexico, and to establish additional data centers in its key markets including Malaysia, the Philippines, Thailand, […]

Arabian Post Staff – Dubai The Abu Dhabi National Oil Company (ADNOC) announced the successful completion of a secondary share sale in ADNOC Drilling, raising $935 million. This transaction, designed to broaden investor participation and enhance liquidity in the UAE’s equity market, follows ADNOC Drilling’s initial public offering (IPO) in 2021. The offering involved the placement of 880 million shares with institutional investors, representing 5. 5% of […]

Shorooq Partners, a prominent venture capital firm in Abu Dhabi, announced the initial closing of their second private credit fund dedicated to financing technology companies in the Middle East and North Africa (MENA) region. This $100 million fund signifies Shorooq Partners’ commitment to fostering the burgeoning tech sector in MENA. The capital secured in this first close will allow Shorooq Partners to provide debt financing to high-growth […]

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