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Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Oil and chip shares retreat after Democratic victories // Emirates Group records AED 4.1 billion half-year profit // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // TVM –Mangaluru Vande Bharat claims top spot // Kochi police detain two actors over bid to honey trap doctor // Cloudflare unveils Zero Wire vulnerability intelligence service // Emaar approves Development buyout ahead of planned delisting // Millions Of Indians May Soon Be Deprived Of Government Assistance // Oil advances towards $100 as tanker attacks persist // OpenAI identifies 948 Linux privilege escalation flaws using AI // Hong Kong mandates crypto transaction disclosures to tax authorities // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Middle East governments assess Iran war after US vote // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Ousted top Kochi cop gets IG post // Private varsities bill all set to face the axe // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final //

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Abu Dhabi hosted a pivotal meeting where the United Arab Emirates (UAE) and Indonesia reaffirmed their commitment to bolster bilateral relations. The high-level discussions, held in the UAE capital, underscored mutual interests in economic cooperation and cultural exchange between the two nations. Key delegates, including UAE officials and Indonesian counterparts, convened to explore avenues for enhanced collaboration across various sectors. Discussions centered on trade partnerships, investment opportunities, […]

Abu Dhabi Energy Services (ADES) and the United Arab Emirates University (UAEU) have joined forces to inaugurate the UAE’s most expansive solar initiative focused on the education sector. This landmark project marks a significant stride towards sustainable energy solutions within the country’s educational infrastructure. The collaboration between ADES, a pioneering entity in energy efficiency and renewable solutions, and UAEU, one of the nation’s leading academic institutions, underscores […]

Arabian Post Staff -Dubai The United Arab Emirates (UAE) is poised to witness substantial growth in its debt capital market, with projections indicating a potential surge beyond $300 billion by 2025, according to a recent report by Fitch Ratings. The forecast reflects a robust expansion trajectory for the UAE’s financial sector, underpinned by strategic initiatives aimed at bolstering economic resilience and diversification. Fitch’s assessment underscores the country’s […]

Summer Nostalgia Revitalises the City with Cultural IP HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – Victoria Dockside, K11 Art and Cultural District, has been selected once again as the ultimate global debut stage for mega events, this time for the highly-anticipated “100% DORAEMON & FRIENDS” exhibition. Doraemon and friends arrived at the iconic landmark Avenue of Stars on 13 July and transformed […]

WazirX, one of India’s leading cryptocurrency exchanges, has reportedly been compromised in a significant security breach, potentially resulting in losses exceeding $230 million. According to Cyvers Alerts, a blockchain security firm, the attacker’s wallet, identified as “0x04b2,” is actively transferring the stolen assets. This development has raised serious concerns within the crypto community, prompting calls for enhanced security measures across the industry. The breach, which came to […]

Emirates NBD, Dubai’s largest bank by assets, has announced a 14.5% increase in net profit for the second quarter of 2024, driven by robust loan growth and improved performance of its subsidiaries. The bank’s net profit rose to AED 3.6 billion ($980 million), compared to AED 3.15 billion in the same period last year. Several factors contributed to this growth, including a surge in net interest income […]

Jadwa Investment, a prominent Saudi private equity firm, has acquired a 60% stake in Tikkaway, an emerging player in the fast-casual dining sector. This strategic acquisition aligns with Jadwa’s broader goal of diversifying its investment portfolio and strengthening its presence in the consumer sector. The deal, valued at an undisclosed amount, marks a significant step for Jadwa in expanding its footprint within the hospitality and food service […]

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Entering an Open Banking Era That Fosters a Customer-Centric Banking Landscape Through the IADS Pilot Program HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – Citi Hong Kong today announced the launch of Wealth 360, a pioneering digital wealth management feature on Citi Mobile® App, through the Interbank Account Data Sharing (IADS) pilot program introduced by the Hong Kong Monetary Authority (HKMA). This first-in-market […]

Arabian Post Staff -Dubai Oman is on the cusp of becoming the first Gulf Cooperation Council (GCC) country to implement a personal income tax, sparking debates about whether other Gulf nations might follow suit. This historic move aims to diversify Oman’s revenue streams, reducing its dependency on oil, and supporting its Vision 2040 plan for sustainable economic growth. The proposal, recently approved by Oman’s Majlis Al-Shura and […]

HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – SOLOWIN HOLDINGS (“SOLOWIN” or the “Company”) (Nasdaq: SWIN), a securities brokerage offering comprehensive financial services to investors worldwide, announced the launch of Solomon VA+, an institutional-grade all-in-one smart trading app through its subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon”). Ms. Lily Liu, CFO of Solowin (Left 2), Mr. Yang Zhao, Deputy CEO of Finloop (Left […]

The International Monetary Fund (IMF) has adjusted its economic projections for Saudi Arabia, revising down the expected GDP growth due to significant cuts in oil production. The revision comes as global oil markets continue to face volatility amidst geopolitical tensions and shifting demand dynamics. Saudi Arabia, the world’s largest oil exporter, has been implementing production cuts as part of coordinated efforts by OPEC+ to stabilize oil prices […]

The United Arab Emirates (UAE) is set to undergo significant transformations in the coming months, with four key changes poised to reshape various aspects of life in the nation. These developments, slated to take effect within the next half-year, span economic policies, social initiatives, and regulatory reforms. Firstly, a landmark economic reform is on the horizon, aiming to bolster the UAE’s position as a regional hub for […]

Suspected gunman Thomas Matthew Crooks, linked to the recent shooting incident involving former President Donald Trump, had reportedly faced rejection from his school’s rifle team, according to statements from his former classmates. Crooks, who allegedly targeted a rally attended by Trump in Florida last month, has sparked renewed debate over gun control measures and mental health protocols in the United States. Authorities are investigating the motive behind […]

Public Investment Fund (PIF) has embarked on a groundbreaking initiative to bolster Saudi Arabia’s renewable energy sector through localized manufacturing agreements. The move aims to enhance domestic production capabilities and reduce reliance on imports in the burgeoning green energy market. Under the visionary leadership of PIF, Saudi Arabia has committed to accelerating its renewable energy ambitions. The recent agreements mark a strategic milestone in the kingdom’s journey […]

TANGERANG, INDONESIA – Media OutReach Newswire – 17 July 2024 – In pursuit of its goal to make electric vehicles more accessible in Indonesia, VinFast Auto is offering special promotions for customers who purchase the VF 5 and VF e34 models at the Gaikindo Indonesia International Auto Show (GIIAS) 2024, from July 18 to July 28, 2024. VinFast Indonesia’s Special Promotion Program at GIIAS 2024 Under the […]

Dhofar Islamic, a leading financial institution, has unveiled an innovative youth account aimed at empowering the younger generation. The new offering, tailored specifically for young customers, promises a range of benefits designed to foster financial literacy and independence. The youth account initiative by Dhofar Islamic represents a strategic move to engage with the burgeoning youth demographic in the region. By providing specialized financial products, the bank aims […]

Saudi Arabia’s Minister of Economy and Planning, in a strategic move towards fostering sustainable development, has initiated discussions with Qatar, Hungary, and the Solomon Islands. These talks aim to explore collaborative opportunities that leverage each nation’s strengths to achieve mutual economic and environmental goals. The discussions, characterized by a spirit of cooperation and forward-thinking, highlight Saudi Arabia’s commitment to diversifying its economy and promoting sustainable practices globally. […]

Tanzania has implemented a new directive aimed at bolstering its local currency, the Tanzanian Shilling (TZS), by requiring tourists to conduct transactions using the national currency. The move, announced recently by Tanzanian authorities, seeks to reduce reliance on foreign currencies in the tourism sector, which is a significant contributor to the country’s economy. Tourism plays a pivotal role in Tanzania’s economic landscape, attracting millions of visitors annually […]

HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – Newtral has introduced its ergonomic chairs, designed to alleviate the strain of prolonged sitting and support a balanced home-work life. For those tired of sitting in one straight posture for hours and looking to give their back a rest while maintaining productivity, Newtral offers exemplary chairs tailored for the work-from-home environment. Newtral is known in […]

Arabian Post Staff -Dubai Goldman Sachs is ramping up its investment strategies targeting the Middle East, following similar moves by its competitors. This strategic shift aims to capitalize on the burgeoning opportunities in the Gulf region, which has seen significant economic growth and investment potential in recent years. Goldman Sachs plans to introduce new strategies allowing the firm and its high-net-worth clients to invest in the Gulf’s […]

SINGAPORE – Media OutReach Newswire – 16 July 2024 – Alpha Quest Pte. Ltd., a Singapore based Wealth Management Company, today announced the appointment of Shankar Jha as Managing Director, Group Head. Shankar Jha – Managing Director, Group Head, Alpha Quest In his new role, Mr. Jha will manage investments for wealthy and sophisticated families and work on growing the firm’s franchise. Mr. Jha brings 25 years […]

Rebuilt from the ground up, the outstanding new property pays homage to the original hotel’s rich heritage while setting new benchmarks for service and design that will ripple through Dusit Hotels and Resorts worldwide. Breathtaking Lumpini Park views from every guest room are just one of the highlights. BANGKOK, THAILAND – Media OutReach Newswire – 16 July 2024 – Dusit International, one of Thailand’s leading hotel and […]

China has officially launched its first exchange-traded funds (ETFs) focusing on Saudi equities, marking a significant milestone in the deepening financial ties between the two nations. The ETFs, named the Huatai-Pinebridge CSOP Saudi Arabia ETF QDII and the China Southern CSOP Saudi Arabia ETF QDII, are managed by Huatai-Pinebridge Fund Management and China Southern Asset Management. These funds will mirror the CSOP Saudi Arabia ETF, which was […]

Accomplished insurance executive with extensive Asia Pacific experience moves into Country President role SYDNEY, AUSTRALIA – Media OutReach Newswire – 16 July 2024 – Chubb today announced Ben Howell has been appointed Country President of the company’s general insurance business in Australia and New Zealand. Currently, Howell is Executive Vice President and Head of Consumer for Chubb Asia Pacific. In his new role, he will have responsibility […]

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Just in:
Kochi police detain two actors over bid to honey trap doctor // Emirates Group records AED 4.1 billion half-year profit // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // UK air traffic outage inflicted £33m financial losses // Technology shares plunge as Nasdaq enters correction // Emaar approves Development buyout ahead of planned delisting // Millions Of Indians May Soon Be Deprived Of Government Assistance // Private varsities bill all set to face the axe // Cloudflare unveils Zero Wire vulnerability intelligence service // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Hong Kong mandates crypto transaction disclosures to tax authorities // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Ousted top Kochi cop gets IG post // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion //