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Hong Kong mandates crypto transaction disclosures to tax authorities // Emirates Group records AED 4.1 billion half-year profit // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Kochi police detain two actors over bid to honey trap doctor // Dubai boat show confirms international shipyard line-up for November // Emaar approves Development buyout ahead of planned delisting // Oil advances towards $100 as tanker attacks persist // Millions Of Indians May Soon Be Deprived Of Government Assistance // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Oil and chip shares retreat after Democratic victories // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // OpenAI identifies 948 Linux privilege escalation flaws using AI // Cloudflare unveils Zero Wire vulnerability intelligence service // TVM –Mangaluru Vande Bharat claims top spot // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // ADIA and partners establish $1.4 billion aviation venture // APT29-linked campaign exploits outdated Apple and Android software // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Private varsities bill all set to face the axe //

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HANOI, VIETNAM – Media OutReach Newswire – 29 February 2024 – VinBrain, a pioneering AI HealthTech company within Vingroup conglomerate, has officially signed a commercial agreement with Global Fund to transfer Artificial Intelligence (AI) technology for Tuberculosis (TB) screening and detection as part of Vietnam’s National Tuberculosis Prevention Campaign. VinBrain is the sole entity chosen for this agreement with Global Fund in 2024. DrAid™ for TB Screening, […]

James M Dorsey A proposed temporary Gaza ceasefire and prisoner exchange appears designed to buy war-battered Gazans relief while enabling Israel and Hamas to claim a success. However, whether Israel or Hamas emerges as the ultimate victor will be determined by whether the truce becomes permanent and the war ends. Negotiated by Qatar, Egypt, the United States, Israel, and Hamas, the deal would be whittled down to […]

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 […]

The Saudi Heritage Commission (SHC) has announced significant discoveries at the Jerash archaeological site in the Asir region. These findings, made during the 15th excavation season in 2023, shed new light on the site’s historical significance and offer a glimpse into the lives of its past inhabitants. Unearthed at Jerash were the remains of dwellings constructed from stone and mud, showcasing unique architectural features. These structures, along […]

The 13th Ministerial Conference of the World Trade Organization (WTO) wrapped up yesterday in Abu Dhabi, UAE, after a day of extended negotiations. While progress was made on tackling harmful fishing subsidies, the long-awaited breakthrough on e-commerce tariffs and the WTO’s broader reform agenda remained elusive. The issue of e-commerce tariffs proved to be the most contentious. Developed nations, led by the United States and the European […]

Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, has reached an agreement with New York state regulators to settle allegations of offering unregistered securities. As part of the settlement, Gemini will reportedly return over $1 billion to customers who participated in its Earn program, which allowed users to lend their crypto holdings in exchange for interest. Additionally, Gemini will pay a $37 million fine to […]

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 […]

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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 […]

The 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi grapples with securing progress on further regulating harmful fisheries subsidies. While the 2022 meeting yielded a landmark agreement addressing illegal and overfished stocks, the current discussions focus on the remaining pillar: subsidies contributing to overcapacity. Developed nations, like the European Union, advocate for stricter regulations, arguing that overcapacity fuels overfishing, a major threat to […]

James M Dorsey Two recent soccer incidents suggest that beyond optics little has changed in the Saudi-Iranian rivalry since China mediated the restoration of diplomatic relations between the two countries a year ago. On the contrary, the Gaza war has highlighted the potential threat Iran and its non-state allies pose to the kingdom, even if both countries have toned down their rhetoric, are cautious not to provoke the other, […]

Abu Dhabi – Edge, a global advanced technology and defense group based in Abu Dhabi, and Fincantieri, one of the world’s largest shipbuilding companies, have officially launched a multi-billion euro joint venture (JV). The agreement, solidified during a recent visit to Rome, aims to capitalize on global shipbuilding opportunities, particularly in the manufacturing of sophisticated naval vessels. Under the terms of the agreement, Edge will hold a […]

By Saifur Rahman The number of mainland business license in Dubai jumped 26.8 percent to 217,788 companies in 2023, according to Dubai Chambers.  “[The year] 2023 has been another year of landmark achievements for Dubai Chambers in which we furthered our commitment to serving our members’ interests. The record growth in the number of new member companies is a testament to our success in enhancing the competitiveness […]

India aims to increase clean energy usage by promoting rooftop solar installations nationwide. The government is spearheading initiatives to encourage citizens to embrace solar power, contributing to environmental sustainability and energy independence. In a recent announcement, the Ministry of New and Renewable Energy (MNRE) outlined ambitious plans to accelerate the adoption of rooftop solar systems. The goal is to enhance the country’s renewable energy capacity and reduce […]

The first three products are now available at more than 1,000 points of sales in Hong Kong HONG KONG SAR – Media OutReach Newswire – 22 February 2024 – Classy Kiss, the number one yogurt brand in Southern China, has entered into a strategic cooperation agreement with Uni-China Group, under which Uni-China Group will serve as Classy Kiss’s sole distributor in Hong Kong to launch Classy Kiss’s […]

Brussels, Belgium – News Direct – 22 February 2024 – The International Aerospace Quality Group® (IAQG) announced today the publication of the first International Aerospace (IA) standard, IA9137™: Guidance for the Application of AQAP 2110 within a 9100 Quality Management System. SAE International®, the organization’s partner in developing international standards, has released IA9137 globally. This standard provides guidance intended to help an organization understand the relationship between […]

Dubai, UAE – Strengthening international financial ties, the Dubai Financial Services Authority (DFSA) has entered into a Memorandum of Understanding (MoU) with the Central Bank of Mauritius. The move aims to enhance regulatory cooperation and foster a more robust financial framework between the two entities. Under the MoU, both regulatory bodies commit to facilitating the exchange of information and expertise to ensure the stability and integrity of […]

The economic partnership between the United Arab Emirates (UAE) and France has witnessed a notable advancement, bolstering the already robust collaboration between the two nations. Recent developments indicate a substantial enhancement in the bilateral economic relations, fostering increased cooperation and mutual benefits. The nations have taken significant strides to fortify their economic ties, aligning with shared interests and objectives. One key aspect of this strengthened alliance is […]

In a strategic move aimed at bolstering the automotive industry, KEZAD, a key player in industrial development, has recently finalized an agreement for the establishment of an Automotive Aluminum Component Manufacturing Plant. The deal, signed in collaboration with APT, marks a significant milestone in advancing the region’s manufacturing capabilities.The partnership, formalized in documents Read the full story on 1arabia.com

The United Arab Emirates (UAE) achieved a substantial milestone in 2023 as its non-oil trade soared to an impressive Dhs3.5 trillion. This noteworthy accomplishment reflects the robust economic activities and diverse trade portfolio within the nation. This substantial figure underscores the UAE’s position as a global trade hub, showcasing its resilience and adaptability amid dynamic global economic conditions. The surge in non-oil trade exemplifies the nation’s commitment […]

In a significant development for Oman, 35 agreements with a cumulative value of $2.6 billion have been finalized for the ambitious Sultan Haitham City project. The agreements mark a substantial economic boost for the nation, underlining its commitment to fostering growth and development. The Sultan Haitham City project, a key initiative under the leadership of His Majesty Sultan Haitham bin Tarik, aims to enhance urban infrastructure and […]

JAKARTA, INDONESIA – Media OutReach Newswire – 16 February 2024 – At the Indonesia International Motor Show (IIMS) 2024, VinFast Auto officially signed the Letter of Intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast’s distribution network in the Indonesian market and strengthening its brand recognition and competitiveness globally. The first VinFast dealers in Indonesia include BAM, GCC, and GSU, with […]

Iraq, a key player in the global oil market, has announced plans to address the unexpected surge in crude production recorded in January. The country, facing scrutiny for exceeding its agreed-upon output limits, is set to take corrective measures to align with international agreements. The increase in crude production, a deviation from the agreed-upon quotas, has raised concerns among oil-producing nations and market observers. Iraq’s move to […]

Oman and Kuwait’s joint venture, the OQ8 refinery, emerges as a strategic player in meeting the heightened demand for efficient oil output post-COP28. The CEO sheds light on the refinery’s pivotal role and future plans in an exclusive interview. Amidst the global focus on sustainable energy at COP28, the OQ8 refinery takes center stage as a key contributor to addressing the evolving landscape of oil production. The […]

AG Auto, a prominent player in the automotive industry, has recently announced its partnership with SunTek, a leading innovator in automotive films. The collaboration aims to bring SunTek’s cutting-edge automotive films to the United Arab Emirates (UAE) market. This strategic alliance opens avenues for AG Auto to offer SunTek’s advanced solutions, enhancing their product portfolio. SunTek, known for its commitment to quality and innovation, specializes in automotive […]

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Just in:
Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Dubai boat show confirms international shipyard line-up for November // Emirates Group records AED 4.1 billion half-year profit // Oil advances towards $100 as tanker attacks persist // Millions Of Indians May Soon Be Deprived Of Government Assistance // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Hong Kong mandates crypto transaction disclosures to tax authorities // OpenAI identifies 948 Linux privilege escalation flaws using AI // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Emaar approves Development buyout ahead of planned delisting // Private varsities bill all set to face the axe // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // TVM –Mangaluru Vande Bharat claims top spot // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Oil and chip shares retreat after Democratic victories // Cloudflare unveils Zero Wire vulnerability intelligence service // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Kochi police detain two actors over bid to honey trap doctor //