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SINGAPORE – Media OutReach Newswire – 20 May 2024 – REDEX will be an exclusive partner to TNBX to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country’s preeminent digital trading platform for Malaysia Renewable Energy Certificates (mREC). The upgraded platform will provide a new avenue for businesses to conveniently pursue their renewable energy commitments and accelerate the nation’s pursuit of a […]

The 10th World Water Forum currently underway in Bali, Indonesia, is set to make history with the adoption of the first-ever Ministerial Declaration. This collaborative document, reached through consultations rather than traditional negotiations, signifies a significant step forward in addressing global water challenges. The declaration, spearheaded by Indonesia, outlines four key areas for international cooperation. A central focus is the proposal for a UN General Assembly resolution […]

A new report by the UN Climate Change raises concerns that current national climate action plans are inadequate to meet the ambitious goals set forth in the Paris Agreement. The report emphasizes the need for a significant acceleration of efforts to curb global greenhouse gas emissions and avert the most devastating impacts of climate change. The report underscores the urgency of action. The latest scientific assessments suggest […]

The world’s 12 most populous countries saw declines in a global index measuring democratic accountability. This democratic backsliding could turn into a slippery slope leading to more deterioration, researchers warn. LOS ANGELES, UNITED STATES – Newsaktuell – 16 May 2024 – An overwhelming majority of the world’s people live in countries that lost ground on measurable benchmarks of democratic accountability from 2010-2021, according to a global index […]

The International Monetary Fund (IMF) announced a significant agreement with Tanzania on Friday, May 17th, 2024. The agreement provides the East African nation with a much-needed financial boost of $790 million to bolster its resilience against the growing challenges of climate change. This concessional financing, provided under the IMF’s recently established Resilience and Sustainability Facility (RSF), signifies a critical step towards supporting Tanzania’s efforts to adapt to […]

 PRAGUE:  SOLEK, the company of Czech renewable energy pioneer Zdeněk Sobotka, is building its largest project to date. The 95,2 MW Leyda photovoltaic plant covers an area of 120 hectares, equivalent to 150 football fields, and it is located in San Antonio, 90 km from the capital Santiago de Chile. The new plant will significantly contribute to the decarbonisation goals of the country representing an advance renewable energy […]

The U. S. Department of Justice (DOJ) is alleging that Boeing violated a critical provision of a 2021 settlement agreement, potentially opening the door to criminal charges stemming from the two fatal crashes of 737 MAX airplanes in 2018 and 2019. The settlement, reached in January 2021, allowed Boeing to avoid criminal prosecution in exchange for a $2. 5 billion fine and a commitment to improve its […]

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  Egypt’s ambitious development plans for the Ras Al-Hikma peninsula received a significant shot in the arm with a second payment of $14 billion from the United Arab Emirates (UAE). This latest installment is part of a monumental $35 billion deal between Egypt and Abu Dhabi’s sovereign wealth fund, ADQ, to transform the 200-kilometer stretch of coastline west of Alexandria. The agreement marks one of the largest […]

The International Energy Forum (IEF) has released a report highlighting the pivotal role carbon markets can play in facilitating the world’s transition to clean energy. Entitled “The Role of Carbon Markets in Transitions,” the report underscores the potential of these markets to expedite efforts towards achieving net-zero emissions and ensuring universal access to affordable and reliable energy, aligning with the goals outlined in the Paris Agreement. Joseph […]

PARIS, FRANCE – Media OutReach Newswire – 15 May 2024 – VinFast Auto (Nasdaq: VFS) today announced the signing of a cooperation agreement with Bosch, one of the leading global suppliers of automotive technology and services, giving VinFast customers in Europe access to Bosch’s extensive network of 700,000 charging points in 30 European countries and providing them with the freedom and convenience to travel across Europe with […]

Global ocean exploration nonprofit sets sail in Indonesia on a first-of-its-kind Southeast Asian mission that combines science, education, and media to support the advancement of ocean science and marine education in the region, contributing to the battle against climate change. BALI / JAKARTA, INDONESIA- Media OutReach Newswire – 15 May 2024 – Global ocean exploration nonprofit OceanX, together with the Coordinating Ministry of Maritime Affairs and Investment […]

In a significant stride towards combating climate change, the Group of Seven (G7) leading industrialized nations have reached an agreement to phase out coal-fired power plants by the mid-2030s. This landmark deal marks the first time the G7 has explicitly committed to a coal phase-out, solidifying their stance on transitioning to cleaner energy sources. The agreement, reached during a meeting of energy and environment ministers in Turin, […]

In a significant development for cancer treatment in the United Arab Emirates, Burjeel Medical City, one of the nation’s leading healthcare institutions, and TII, a company at the forefront of biotechnology, have announced a strategic partnership. This collaboration aims to accelerate the adoption of advanced immunotherapy solutions for patients battling cancer. Immunotherapy harnesses the body’s immune system to fight cancer cells. By stimulating the body’s natural defenses, […]

Representatives of the global diamond industry, including government officials, civil society organizations, and industry leaders, convened in Dubai this week for the Kimberley Process (KP) Intersessional meeting. The focus of the meeting is to address ongoing challenges within the diamond trade and strengthen the Kimberley Process Certification Scheme (KPCS), an international mechanism established to prevent conflict diamonds from entering the legitimate market. The United Arab Emirates (UAE) […]

By Saifur Rahman Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its ground handling and ticketing arm Dubai National Air Travel Agency (Dnata) reported a 71 percent jump in net profits exceeding Dh18.7 billion (US$5.1 billion) in 2023-24 financial year ending March 31 2024, compared to Dh11 billion (US$3 billion) recorded the previous year. This is a new profit record for Emirates […]

SINGAPORE – Media OutReach Newswire – 13 May 2024 – UXLINK, the leading Web3 social infrastructure, has just unveiled a significant milestone in its journey with a new round of funding, arriving in under three months from its previous round. Spearheaded by SevenX Ventures, INCE Capital, and HashKey Capital, this round attracted multiple investors, consolidating UXLINK’s position as an industry frontrunner. Surpassing the $5 million mark, this […]

SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 13 May 2024 – In a historic move, AIM Global Foundation and Canopy Sands Development (CSD) have signed a Memorandum of Understanding (MOU) today to jointly develop an international convention and exhibition center in the Bay of Lights, Sihanoukville, Cambodia. Representatives from AIM Global Foundation and Canopy Sands Development sign a MOU at the 2024 AIM Congress, initiating a landmark […]

The housing market in Saudi Arabia is set for a significant boost following a recent agreement between the Saudi National Housing Company (NHC) and China Machinery Engineering Corporation (CMEC). The deal, signed in Beijing, aims to address the country’s housing needs by constructing 20, 000 new residential units. This collaboration brings together NHC, a leading real estate developer in the Middle East, with CMEC’s expertise in construction. […]

The United Arab Emirates (UAE) expressed strong support for the United Nations General Assembly’s (UNGA) vote on Friday in favor of granting Palestine full membership in the international body. The resolution, which passed with a significant majority (143 votes for, 9 against, and 25 abstentions), represents a symbolic victory for the Palestinians but faces an uncertain path due to the veto power held by the United States […]

PLANO, TX and MANILA, PHILIPPINES – ACCESSWIRE – 9 May 2024 – Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, and Total Information Management Corporation (TIM), a key provider of technology solutions (Data Center services, Cybersecurity, System Integration) in the Philippines, today announced a deal with Orca Cold Chain Solutions, a cutting-edge logistics and supply chain management company. Under the terms of the agreement, TIM will […]

HONG KONG SAR – Media OutReach Newswire – 10 May 2024 – DFI Retail Group (DFI) and The School of Professional Education and Executive Development of the Hong Kong Polytechnic University (PolyU SPEED), the unit under the College of Professional and Continuing Education of the Hong Kong Polytechnic University (CPCE) have officially entered into a Memorandum of Understanding (MoU) on 9 May 2024. This MoU paves the […]

The Umm Al Quwain Department of Tourism and Archaeology (UAQ DT) is forging a path towards a more vibrant tourism sector through a strategic agreement signed with the Lakhraim Group. The official signing took place on May 9, 2024, on the sidelines of the Arabian Travel Market 2024, a leading tourism exhibition. Sheikh Majid bin Saud bin Rashid Al Mualla, Chairman of UAQ DT, underscored the significance […]

Hong Kong is solidifying its partnership with the United Arab Emirates (UAE) to ease access for Chinese companies into the lucrative markets of the Gulf Cooperation Council (GCC). This strategic alliance leverages Hong Kong’s well-established business infrastructure and the UAE’s position as a prominent trade hub in the Middle East. The GCC, a six-nation economic and political bloc encompassing Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, […]

James M Dorsey This week’s Gazan short-lived celebration of a ceasefire that was not to be, highlights what is at stake in the seven-month-old war and Israel’s refusal to end the carnage. Thousands poured into Gazan streets within minutes of Hamas advising it had accepted a Qatar and Egyptian ceasefire proposal. “We have shown the world that we survived this war as Palestinians. We stood our ground on our land. […]

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