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Abu Dhabi National Oil Company Takes Lead in Low-Carbon Investments Among National Peers

The Abu Dhabi National Oil Company (Adnoc) emerged as the top investor in low-carbon solutions among national oil companies in 2023, according to a report by Energy Intelligence. This achievement comes despite a significant decline in low-carbon spending across the global oil and gas sector last year. While many energy companies prioritized profitability and meeting the rising demand for fossil fuels, Adnoc, responsible for almost all of […]

Hate Speech Is Top Emerging Concern For Lok Sabha Election 2024

Schneider Electric launches the first APC Back-UPS™ Pro Gaming designed specifically for gamers

The APC Back-UPS Pro Gaming keeps gamers protected, connected and in the game, protecting gaming gear against harmful power irregularities HONG KONG SAR – Media OutReach Newswire – 1 March 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, introduces the APC Back-UPS Pro Gaming, its first uninterruptible power supply (UPS) designed specifically for gamers. Received the prestigious iF Design award, […]

Dar Global posts record revenue

International real estate developer Dar Global announced record revenues of $360.6 million and posting a significant increase in gross profit to USD 146.4 million at a healthy margin of 41%.  Dar Global’s revenue grew 351% year-on-year compared to 2022. Profit before tax stood at USD 81.2 million compared to a loss of USD 5.2 million in 2022.   The company’s ambitious growth strategy in new markets and geographies following the London Stock Exchange listing […]

DYXnet Expands Global Network Coverage with New Point-of-Presence in Dubai

HONG KONG SAR – Media OutReach Newswire – 29 February 2024 – DYXnet, a wholly-owned subsidiary of VNET Group (NASDAQ: VNET), is pleased to announce the launch of its new point-of-presence (PoP) in Dubai, United Arab Emirates. This strategic undertaking endeavours to expand its global network coverage to the Middle East regions. The new PoP will provide enterprise customers with comprehensive and integrated “Network, Cloud, Security” services, […]

Shifting Sands: Saudi Arabia Redefining Middle Eastern Tourism Landscape

Arabian Post Special For decades, the Middle East’s tourism landscape has been dominated by a few key players, with the United Arab Emirates (UAE) reigning supreme. However, a seismic shift is underway, as Saudi Arabia, long known primarily for religious pilgrimage, emerges as a major contender, rewriting the region’s tourism narrative. This transformation, driven by the ambitious Vision 2030 plan, has significant implications for both the Kingdom […]

Abu Dhabi National Oil Company (Adnoc) Finalizes Acquisition in OMV

The Abu Dhabi National Oil Company (Adnoc) announced the successful completion of its acquisition of a 24.9% stake in OMV AG, a global energy and chemicals company headquartered in Vienna, Austria. The acquisition, finalized on February 29, 2024, was purchased from Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates. This strategic move aligns with Adnoc’s ambitions to expand its footprint in the […]

Wildflour Hospitality Group Secures KV Asia Capital Investment

MANILA, PHILIPPINES – Media OutReach Newswire – 1 March 2024 – Wildflour Hospitality Group, a rapidly growing premium casual restaurant operator in the Philippines with 18 locations across over 50 spaces, today announced it has secured a significant equity investment from KV Asia Capital, a leading Southeast Asia-focused private equity firm which is making its first investment in the Philippines after completing successful investments across the region. […]

UAE, Saudi, Qatar climb several notches in brand power

The United Arab Emirates, Saudi Arabia, and Qatar have risen through the ranks of the most influential soft power nations faster than any other countries in the world, according to the new iteration of the Global Soft Power Index by Brand Finance, the world’s leading brand evaluation consultancy. The three Gulf nations have recorded remarkable improvements in the ranking over the past five iterations of the Global Soft Power […]

Hong Kong’s fiscal position remains healthy despite deficit, KPMG recommends strategically utilizing fiscal reserves to support economic growth

Encourage enterprises to establish regional headquarters to attract capital, companies, and talent holistically The Budget for the 2024-25 fiscal year announced a full withdrawal of all demand-side management measures for residential properties with immediate effect, bringing positive factors to the economic recovery. KPMG advises the government to conduct a comprehensive review of the tax system, taking into consideration Hong Kong’s future economic positioning, and to make corresponding […]

‘LV The Place Bangkok’ Opens as a New 360 Concept Including Store, Café, Restaurant and Exhibition at Gaysorn Amarin, Thailand

BANGKOK, THAILAND – Media OutReach Newswire – 1 March 2024 – Louis Vuitton unveils ‘LV The Place Bangkok’ at Gaysorn Amarin, a new destination concept that includes an immersive exhibition, café, store, and a restaurant from celebrated chef, Gaggan Anand. From the inspiring architecture to the dynamic scenography and original menu items, this experiential space invites visitors to discover the breadth of imagination and creation within the […]

Sobha announces AED 100 million bonus to employees

Dubai developer obha Realty announced a AED 100 million special bonus program for all its employees.   Appreciating the unwavering commitment demonstrated by the team members, the company has granted AED 100 million bonus to all employees working on non-incentive programs, covering employees across various departments. This move underscores the company’s belief in the collective effort that has played a pivotal role in Sobha Realty’s success. The bonus, disseminated […]

The Wealth Management Institute Unveils First-of-its-kind Investment Education Program Based On The Market Principles Of Investment Legend Ray Dalio

SINGAPORE – Media OutReach Newswire – 29 February 2024 – In a groundbreaking move to democratize access to premier, practice-based investment management education worldwide, the Wealth Management Institute (WMI) announced the global launch of the Dalio Market Principles (DMP) Online Program. The launch event was attended by over 80 distinguished leaders in wealth and asset management, as well as family offices, across Singapore and the region. Fireside […]

Silence Laboratories Raises $4.1M Funding to Enable Privacy Preserving Collaborative Computing

Silence Laboratories is on a mission is to enable a global privacy-compliant collaboration infrastructure that would enable enterprises to collaborate, and exchange inferences while removing all single points of failure Singapore – February 29, 2024 /MarketersMEDIA/ — Silence Laboratories is on a mission to create infrastructure to enable complex data collaborations between enterprises and entities, without any sensitive information being exposed to the other engaging parties. Silence […]

Ascott Marks 40 Years in Hospitality Service With Launch of Full Year Campaign ‘Ascott Unlimited’

With about 950 properties across over 220 cities and counting, Ascott will be offering Unlimited Opportunities, Unlimited Choices, Unlimited Freedom, and Unlimited Good, to springboard to next chapter of growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), today announced the launch of ‘Ascott Unlimited‘, a […]

World Leaders Sign Historic Digital Trade Deal at WTO Meeting in Abu Dhabi

The 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi concluded with a landmark agreement aimed at facilitating and streamlining global digital trade. The deal, signed by representatives from participating countries, marks a significant step towards establishing a framework for e-commerce, fostering innovation, and promoting economic growth in the digital age. Negotiations for the agreement, officially titled the “Joint Declaration on Enhancing Trade in the Digital […]

Ascott Achieves Record Year of Fee Earnings at S$331M and Highest Number of Property Openings in FY 2023

New C-suite leadership appointments to supercharge growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), announced a 28% year-on-year increase in fee-related earnings (FRE) to S$331 million, up from S$258 million in FY 2022. The announcement was made during CLI’s Full Year 2023 Financial Results which […]

Cushman & Wakefield 2024/25 Budget Response

HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Response to the Budget 2024/25 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield: We welcome the government’s proactive efforts in seeking land for housing development to ensure an adequate supply for future public and private housing. However, historical data shows that there have been frequent delays in the completion of […]

Huawei unveils Smart Classroom Solution

At MWC Barcelona 2024, Huawei unveiled the Smart Classroom 3.0 Solution. This solution features enhanced AI teaching analysis functions and was launched at the session themed “Leading Infrastructure to Accelerate Education Intelligence”. The solution creates an intelligent and interactive teaching environment where lecturers can undertake new and exciting teaching methods. Wind Li, CEO of Global Public Sector BU, Huawei, stated in his opening speech, “Growing up in […]

Echoing International Mother Language Day, CIP holds the 5th annual Indigenous Language Development Conference

TAIPEI, TAIWAN – Media OutReach Newswire – 28 February 2024 – On February 25, the Council of Indigenous Peoples (CIP) held the 2024 International Mother Language Day – Indigenous Language Development Conference at National Taitung University. Some 400 participants, including indigenous language revitalization practitioners and traditional leaders from indigenous communities nationwide, were invited to attend. Minister Icyang ．Parod publicly commended the 20 recipients of this year’s awards […]

OVOLO Goes Global With SLH

Ovolo Hotels signs strategic brand alliance with Small Luxury Hotels of the World LONDON, UK – Media OutReach Newswire – 28 February 2024 – In a landmark partnership poised to elevate Ovolo Hotels’ brand across the Asia-Pacific region and beyond, the designer hotel collection proudly announces a strategic brand alliance with Small Luxury Hotels of the World (SLH), encompassing its iconic boutique designer hotels across Hong Kong, […]

Five Decisive Reasons for Restaurants to Adopt Accounting Software in 2024

In the intricate world of food and beverage (F&B), a Restaurant Enterprise Resource Planning (ERP) software is a specialized tool that integrates Front of House (FOH) activities, like customer service and order processing, with Back-Office (BO) operations, covering accounting, financial management, inventory control, and administrative tasks. 1. What Is a Restaurant ERP Software? Traditionally, restaurants using Point of Sale (POS) systems faced manual entries, a cumbersome and […]

Media OutReach Newswire Launches USA Press Release Distribution Network

HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Media OutReach Newswire, Asia’s first global newswire, has launched its own press release distribution network for the USA market. As the first global newswire in Asia to build a dedicated distribution network across the USA, clients will have unlimited access to a proprietary database of more than 50,000 journalists and editors covering more than 443 […]

Enkrypt AI raises $2.35M to build a visibility and security layer for Gen AI

Enkrypt AI stands apart by merging threat detection, privacy, and compliance into a comprehensive toolkit ensuring business adoption of LLMs and generative AI is safe, reliable and compliant. Boston, Massachusetts, United States – February 27, 2024 /MarketersMEDIA/ — Enkrypt AI is today announcing a $2.35M funding round to solve this problem for enterprises, ensuring their use of generative AI and LLMs is safe, secure and compliant. The […]