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INVERTO Expands Global Footprint with New Offices in Malaysia and Indonesia

BCG subsidiary INVERTO Opens New Offices in Kuala Lumpur and Jakarta Fahad Anwar to Lead Both Offices as Managing Director With the launch in Southeast Asia, INVERTO aims to provide its clients regional support KUALA LUMPUR, MALAYSIA – Newsaktuell – 1 July 2024 – INVERTO, a subsidiary of the Boston Consulting Group (BCG) specializing in procurement and supply chain management, is expanding into Southeast Asia with new […]

Three Killed in French Storm Fury

A spate of violent storms tore through eastern France over the weekend, leaving a trail of destruction and tragically claiming three lives. The brunt of the tempestuous weather struck the Aube region, where ferocious winds wreaked havoc. Local authorities reported that a massive tree succumbed to the powerful gales and toppled onto a moving vehicle. The impact of the fallen giant proved catastrophic, instantly crushing the car […]

ONEFi Announces Integration of Web3 Wallet, Bridging Web2 and Web3 Finance

HONG KONG SAR – Media OutReach Newswire – 1 July 2024 – ONEFi, a leading Open Banking wealth management platform, is pleased to announce its strategic transition to a comprehensive Web3 wallet, set to launch in Q4 of 2024. On this date, the company will simultaneously shut down its current app on both the App Store and Play Store, marking a significant evolution in its service offerings. […]

Press Freedom Is Weakening Worldwide With Record Number Of Journos In Jail

Revamped Emirates Boeing 777s Take Flight for Geneva, Tokyo Haneda, and Brussels

Flyers on select Emirates routes can now experience the airline’s newly refurbished Boeing 777 cabins. The airline recently revealed the first three destinations set to receive the upgraded aircraft:Geneva, Tokyo Haneda, and Brussels. Passengers flying these routes will be among the first to experience Emirates’ signature Premium Economy Class on the Boeing 777, alongside the airline’s next-generation Business Class seats in a modern 1-2-1 configuration. This announcement […]

Henkel Powers Up Sustainability in Middle East and Africa

Henkel Adhesive Technologies, a global leader in adhesives, sealants and functional coatings, announced a significant milestone in its journey towards environmental sustainability. All its manufacturing sites in the Middle East and Africa (MEA) region have now transitioned to 100% renewable electricity. This achievement eliminates carbon dioxide (CO2) emissions from electricity usage, also known as Scope 2 emissions, for these facilities. The shift to renewable energy sources across […]

Dubai Property Boom Fueled by Surge in Mortgage Activity

Arabian Post Staff -Dubai Dubai’s property market continues to defy expectations, with a recent surge in mortgage transactions highlighting strong buyer demand. According to data compiled by Property Monitor, the number of mortgages issued in Dubai reached a 14-month high in May 2023. This represents a significant increase of 57. 9% compared to the previous month, with a total of 3, 359 loans recorded. This upswing marks […]

Delta Dunia Group completes acquisition of Atlantic Carbon Group, Inc., a key global ultra-high-grade anthracite producer

The transaction is completed via American Anthracite SPV I, LLC, a controlled entity under BUMA International. The acquisition enhances Delta Dunia Group’s geographic and revenue diversification, aligning with its strategic growth objectives. ACG represents a value-accretive acquisition expected to boost the Group’s revenue, backed by secured long-term contracts with key customers. The acquisition fosters collaboration among ACG, BUMA, and the Group’s other businesses, enhancing safety and mining […]

New Shipping Lane Connects Jeddah to China and Egypt

The Saudi Ports Authority (Mawani) recently announced the launch of a new shipping service significantly boosting Jeddah Islamic Port’s connectivity to major commercial centers in China and Egypt. This development strengthens the Kingdom’s position as a key logistics hub within the region. The CBS service, operated by the Chinese shipping line NewNew Line, will establish a direct link between Jeddah and four prominent Chinese port cities:Tianjin, Qingdao, […]

United Arab Emirates Economy Soars in 2024

The United Arab Emirates (UAE) is experiencing a banner year, with its economy exceeding expectations and breaking records across key metrics. This robust performance follows a trend of steady growth, solidifying the nation’s position as a regional economic powerhouse. Analysts attribute the UAE’s success to a combination of factors, including a stable and business-friendly environment that attracts foreign investment. The country’s GDP reached a staggering Dh1. 68 […]

Manjhi sees conspiracy in Bihar bridge collapses

Union Minister Jitan Ram Manjhi is seeing a “conspiracy” in back-to-back bridge collapse incidents in Bihar. “Why have bridges started to collapse only after the Lok Sabha elections?” he wondered as he spoke to reporters in Gaya. “Why were such incidents not taking place 15 or 30 days before? Why have bridges started to collapse […]

Kuwaiti Refinery Fire Quickly Contained

A fire that broke out on Saturday at Kuwait’s Al-Zour refinery, located south of Kuwait City, was swiftly contained by firefighters, according to Kuwait Integrated Petroleum Industries Company (KIPC). There were no reports of injuries or disruptions to the crucial oil production process at the facility. KIPC released a statement detailing that the fire originated within a storage area that was not in operation and was brought […]

Multiple Blasts Hit Northeast Nigeria, Causing Casualties

A series of explosions wracked the town of Gwoza in Borno state, Nigeria on Saturday, leaving at least six people dead and injuring fifteen others. The attacks, suspected to be carried out by suicide bombers, targeted a wedding ceremony, a funeral procession, and a hospital. The first blast ripped through a crowded wedding ceremony, causing immediate panic and casualties. Details remain unclear, but reports indicate that the […]

PolyU showcases research and innovations at its first overseas exhibition “Flying High” in France

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase, featuring a diverse array of research and innovations across disciplines from fashion to technology and sustainable materials. PolyU is hosting its inaugural “Flying High” exhibition in […]

Scorching Heatwave to Bake Saudi Arabia

Saudi Arabia is bracing for another week of scorching temperatures as the National Center of Meteorology predicts unrelenting heat across the country. The unrelenting sun will see highs soar between 46 and 49 degrees Celsius in the Eastern Region and parts of Riyadh from Sunday, June 30, until Friday, July 5. Residents in these areas can expect sweltering conditions, making it dangerous to be outdoors for extended […]

St. George’s University School of Medicine Empowers Korean Students to Become Doctors in the US

SEOUL, SOUTH KOREA – Media OutReach Newswire – 27 June 2024 – As the largest source of doctors for the entire US workforce, 1 St. George’s University (SGU) School of Medicine is proud to offer opportunities for aspiring doctors in South Korea aiming to build their medical careers in the United States. Source: St. George’s University Selecting the right medical school starts with choosing the preferred career […]

Saudi Arabia Poised for Construction Boom

A surge in government spending on infrastructure and ambitious mega-projects is set to propel Saudi Arabia to the top spot in global construction spending, according to a Bloomberg report. The kingdom is forecast to overtake China, the current leader, by 2030, fueled by its Vision 2030 diversification plan that aims to reduce reliance on oil revenue. The construction boom will be driven by several factors. The government […]

FIDO APAC Summit 2024 Announces Keynotes, Speakers, and Sponsors

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 June 2024 – The FIDO Alliance is thrilled to announce the lineup for its highly anticipated second FIDO APAC Summit, set to take place at the JW Marriott Kuala Lumpur on September 10-11, 2024. Co-hosted by SecureMetric Technology and supported by Malaysia Digital Economy Corporation (MDEC) and CyberSecurity Malaysia, this premier event is dedicated to advancing phishing-resistant FIDO […]

Markaz Solidifies Position as Global Real Estate Leader

Kuwait Financial Centre Markaz, a prominent figure in the MENA region’s asset management and investment banking scene, has solidified its position as a leader in global real estate investment. The company boasts a history of accomplishment, having executed over 95 projects valued at more than USD 2. 3 billion across various markets and property types in the US and Europe. Markaz’s commitment to delivering exceptional value to […]

Dubai Expedites Residential Land Allocations for Citizens

Dubai has achieved a significant milestone in its housing initiatives, according to a recent announcement. Vilal Housing, a prominent organization focused on residential solutions for UAE citizens, applauded the completion of processing all residential land allocation applications submitted in Dubai by the end of 2023. This accomplishment aligns with the vision of the UAE’s leadership to ensure citizen well-being through efficient housing options. Vilal Housing expressed appreciation […]

IMDA and Amazon Announce Strategic Collaboration to promote digital inclusion and safe online shopping under Digital for Life movement

Joint initiatives under the Digital for Life movement include community workshops with non-profit organization partners to increase Singaporeans’ awareness about how to shop online safely and protect themselves against scams, as well as getting familiar with new technologies such as Generative Artificial Intelligence (Gen AI). Corporate volunteers from Amazon.sg, Amazon Payments and AWS are partnering with IMDA to conduct the community workshops. Amazon Singapore has donated S$100,000 […]

Amazon Global Selling in Singapore Launches First Cross-Border E-commerce Trend Report

Singapore Sellers Achieved Double-Digit Sales Growth in 2023 Continue to Support Singapore Sellers to Prepare for Amazon’s 10th Prime Day Event, Returning This July 16 & 17 SINGAPORE – Media OutReach Newswire – 28 June 2024 – Amazon Global Selling Singapore today released its 2024 Amazon Global Selling Trend Report titled “Fostering Entrepreneurship & Building Global Brands,” detailing the opportunities in cross-border e-commerce (export e-commerce) for Singapore […]

Michelle Obama to replace Biden?

Former First Lady Michelle Obama will replace President Joe Biden as the Democratic nominee, US Senator Ted Cruz (R-Texas) has predicted. Cruz claims Biden will be replaced at the Democratic National Convention in August, just three months before the election. The prediction comes after the first presidential debate where Biden’s performance was widely criticised by […]

AirPlay Arrives on Samsung Hotel TVs

In a surprising move that underscores the growing importance of in-room entertainment options, Apple and Samsung are joining forces to bring AirPlay to Samsung hospitality TVs. This collaboration expands Apple’s hotel TV ambitions beyond its initial partnership with LG, offering guests a wider range of compatible TVs and potentially accelerating the adoption of AirPlay in the hotel industry. Previously announced at WWDC 2023, Apple’s hotel TV AirPlay […]