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On Wednesday evening, a technical glitch caused widespread disruption on LinkedIn, the world’s largest professional networking platform. The outage, which began around 4:09 PM Eastern Time (ET), impacted tens of thousands of users globally, leaving them temporarily unable to access their accounts. Downdetector, a website that tracks online service outages, saw a surge in reports from users experiencing issues with LinkedIn. At its peak, over 42,000 reports […]

The Commodity Futures Trading Commission (CFTC) is taking a step towards clearer regulation in the digital asset space. On Wednesday, the CFTC’s Global Markets Advisory Committee (GMAC) voted to advance a “digital assets taxonomy” for agency review. This framework aims to standardize the terminology used for various digital assets, including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). Proponents of the taxonomy believe it will bring much-needed […]

Arabian Post Staff As much as 20 percent of the UAE population have shifted to online shopping during the last few years, a conference on e-commerce in Dubai was informed. This raises the online shopping population from 4.5 million in 2019 to 6.5 million in 2023, that is accelerating the growth of the UAE’s US$83.5 billion (Dh306.6 billion) retail sale. The overall UAE retail market size was […]

Avalanche, a prominent blockchain platform, has introduced a novel tool called “Teleporter” designed to foster seamless communication across its diverse network of subnets. This development, launched alongside the recent Durango upgrade, addresses a critical challenge within the blockchain landscape: network fragmentation. Subnets, essentially customized blockchains within a larger network, offer tailored solutions for specific use cases. Avalanche’s implementation of subnets allows developers to create application-specific chains catering […]

Dubai, UAE, March 6, 2024 – Bybit Web3, the cryptocurrency exchange’s arm dedicated to the decentralized web, announced a landmark collaboration with Solana, one of the fastest-growing blockchain ecosystems. This partnership will culminate in an exclusive livestream roundtable titled “Revolutionizing the Blockchain: Bybit and Solana Ecosystem’s Visionary Web3 Roundtable.” Scheduled for March 13, 2024, the online event promises an in-depth exploration of the innovations, growth, and future […]

Oman and Japan have pledged to strengthen their economic relationship, aiming to unlock new avenues for trade and investment cooperation. This commitment comes after a recent meeting between Khalid Almuslahi, Oman’s Foreign Ministry Undersecretary, and Iwata Kazuchika, Japan’s Minister of Economy, Trade and Industry. The two nations boast a longstanding economic partnership, with bilateral trade reaching a significant $4.6 billion. Notably, Japan is a crucial trading partner […]

Microsoft has announced the establishment of a Center of Excellence in Saudi Arabia, aiming to equip the nation’s workforce with the latest digital skills and empower them to contribute to the country’s ambitious digital transformation goals. This initiative aligns with Saudi Arabia’s Vision 2030, a strategic framework that emphasizes economic diversification and technological advancement. Turki Badhris, President of Microsoft Arabia, emphasized the company’s commitment to empowering Saudi […]

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Regional telco rewards programme gives travellers access to unique local deals HONG KONG SAR – Media OutReach Newswire – 6 March 2024 – HKT (SEHK: 6823) – HKT, AIS, Globe, Optus, Singtel, Taiwan Mobile and Telkomsel announced that they will be initiating a collaboration as an Alliance to launch a first-of-its-kind cross-border rewards programme, which aims at delivering greater value to eligible customers when they travel to […]

Oman has witnessed a surge in investments within its space sector, amassing RO 20 million over the past two years. This growth coincides with the release of the nation’s official space program in 2023, highlighting Oman’s aspirations to become a regional leader in space exploration and applications. Dr. Ali al Shidhani, Under-Secretary of Communications and IT at the Ministry of Transport, Communications, and Information Technology, emphasized the […]

Professional services giant Accenture announced its acquisition of Udacity, a leading online learning platform, in a move aimed at strengthening its foothold in the burgeoning field of artificial intelligence (AI) education. The acquisition, the financial terms of which were not disclosed, underscores the growing demand for AI expertise and the need for businesses to equip their workforces with the necessary skills to navigate the evolving technological landscape. […]

Leading cryptocurrency derivatives exchange BloFin has cemented its position as a major player in the industry by securing a platinum sponsorship for the upcoming TOKEN2049 Dubai event. This sponsorship deal signifies BloFin’s commitment to fostering collaboration and growth within the global crypto ecosystem. TOKEN2049, scheduled to take place in Dubai later this year, is one of the premier gatherings for crypto industry professionals. The event brings together […]

New Funds to help BRKZ establish as a One-Stop-Shop for the construction sector and expand its footprint across Saudi Arabia and the MENA region Riyadh, Saudi Arabia – March 6, 2024 /MarketersMEDIA/ — BRKZ, a trailblazing construction tech startup, has successfully secured $8 million in Series A funding to revolutionize the building materials sector across Saudi Arabia and the broader Middle East and North Africa (MENA) region. […]

With industry-leading infrastructure and 30+ years of experience, DCH Logistics offers tailored supply chain solutions designed to give partners a competitive edge HONG KONG SAR – Media OutReach Newswire – 6 March 2024 – Today, DCH Logistics, a subsidiary of leading motor and consumer goods distributor, Dah Chong Hong Holdings (DCH), hosted an event showcasing its refreshed brand identity. As an integral part of DCH’s food and […]

Arabian Post Special A bizarre ballet is unfolding in financial markets, with Bitcoin and gold, two seemingly antithetical assets, reaching record highs simultaneously. This seemingly contradictory phenomenon has left investors scratching their heads, wondering if both rallies can be sustained in the medium to long term. Bitcoin, the volatile digital upstart, surged past its 2021 peak, reaching $69,192 on March 5th, 2024. This surge is attributed to […]

By Manish Rai Last month the Taliban’s Deputy Foreign Minister Sher Mohammad Abbas Stanikzai while attending a public program said that there is an absence of an official border between Afghanistan and Pakistan. He further said that Afghanistan will never recognize the Durand Line as its official border with Pakistan. In the past also senior Taliban leaders have questioned the legitimacy of Durand Line like – Defence […]

In a pivotal development for the realm of artificial intelligence, Beyond Limits, an esteemed industrial-grade AI software company, has unveiled its groundbreaking Hybrid AI Platform. This transformative technology is poised to redefine how operational data is processed and decisions are made within mission-critical applications. Addressing the limitations of current AI methodologies, often reliant on extensive datasets and opaque decision-making processes, Beyond Limits’ Hybrid AI Platform stands out […]

Amid increasing ransomware threats, new capabilities expand NetApp leadership in providing the quickest response and recovery to cyber disasters SINGAPORE – Media OutReach Newswire – 6 March 2024 – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced cyber-resiliency capabilities that will equip customers to better protect and recover their data in the face of ransomware threats. NetApp is one of the first to integrate artificial […]

Immersive exhibition invites visitors to discover the country’s past, present and future NUSSLI, LAVA, and insglück collaborate for ambitious project TOKYO, JAPAN – Newsaktuell – 5 March 2024 – The architecture and exhibition of the Kuwait Pavilion at the upcoming World Expo 2025 in Osaka, Japan were unveiled to the public today at a ceremony in Tokyo, Japan. Attended by distinguished guests from politics, business, media and […]

NewTech Insurance Brokers, a prominent insurance brokerage firm in the United Arab Emirates (UAE), has reported significant achievements in client retention and business performance. The company boasts a remarkable 90% client renewal rate, while also experiencing a surge of over 35% in key performance indicators (KPIs) for the fiscal year 2023. This impressive client retention rate signifies a high level of customer satisfaction with NewTech’s services. Clients […]

HONG KONG SAR – Media OutReach Newswire – 5 March 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) has kicked off the first leg of a landmark delegation with the Innovation, Technology and Industry Bureau (ITIB) and Hong Kong Cyberport (Cyberport) to the Middle East. Together with eight Park companies and first stopping at LEAP 2024 in Riyadh, Saudi Arabia, HKSTP is on a mission […]

Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, announced a strengthened partnership with Mumtalakat, the sovereign wealth fund of Bahrain, on Tuesday. This move signifies a commitment to fostering economic cooperation and exploring new investment opportunities within the island nation. The agreement, formalized through a memorandum of understanding (MoU), outlines a framework for collaboration across various sectors. This includes identifying and pursuing promising investment […]

Amsterdam, the captivating Dutch capital, beckons tourists with its iconic canals, rich history, and vibrant cultural scene. While many museums showcase the city’s artistic heritage and fascinating past, admission fees can sometimes add up. However, for budget-conscious travelers, Amsterdam offers a wealth of hidden gems – free museums waiting to be explored. One such gem is the Rijksmuseum Gardens, a tranquil oasis nestled amidst the bustling city […]

BEIJING, CHINA – Media OutReach Newswire – 5 March 2024 – Victor AI, Founder and CEO of Terminus Group, was invited to attend and deliver a speech entitled “AI CITY: The Next Habitat on Earth” at Web Summit, the world’s technological Olympia, in Doha, Qatar. Victor AI, the Founder and CEO of Terminus Group, delivers speech at Web Summit Qatar Victor AI shared his thoughts with global […]

By Antonio Ernesto Di Giacomo The cryptocurrency market has witnessed a spectacular surge in the price of Bitcoin (BTC), surpassing the $67,000 mark, igniting contagious enthusiasm among investors. This phenomenon has also propelled altcoins, among which Dogecoin has stood out, showing notable performance since the beginning of 2024. Since the start of the year, Dogecoin has experienced impressive growth, surpassing a 150% increase in value. This ascent […]

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