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UAE crews sustain coastal oil removal as beaches reopen // How A Newly Elected Democratic Congress Could Reshape US–India Relations? // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Electric and hybrid interest rises at Sharjah car market // Saudi fund assets forecast to cross $400 billion // Modi ally flags youth opportunities gap despite growth // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // Nvidia appoints Colette Kress interim chief after Huang departure // Uforce reaches $6 billion valuation with British backing // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // MG Motor presents four electrified vehicles at Dubai exhibition // Court reinstates Police association rejig order // Musk expresses willingness to recruit Nvidia chief Huang // Wizz Air half-year earnings sink as fuel costs surge // Fujairah highway pile-up leaves 14 dead and 30 injured // Ration dealers seek GPS aided grain deliveries // Ladakh Ban On Protests Ahead Of Election Is Uniquely Contentious // Forged court directives trigger probe into website blocking // ONYX Hospitality Group Unveils Plans for Amari Samui Resort and Villas, Elevating Its Premium Resort Offering on Koh Samui // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume //

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Dubai is embarking on a colossal infrastructure project to bolster its flood defenses. The initiative, dubbed “Tasreef” (Arabic for “drainage”), comes after the emirate witnessed its heaviest rainfall in 75 years this April. The unprecedented downpour resulted in widespread flooding, significant infrastructure damage, and a surge in insurance claims. Fueled by a Dhs30 billion (US$8. 1 billion) budget, Tasreef aims to significantly enhance Dubai’s capacity to handle […]

First quarter revenue of US$22.2 million, up 24% Year-Over-Year SINGAPORE – Media OutReach Newswire – 25 June 2024 – MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended March 31, 2024. Management Commentary: Rohith Murthy, Chief Executive Officer, stated, “I am pleased to report […]

Paramount+, the streaming service boasting hit shows like Star Trek:Discovery and Yellowstone, is joining the growing chorus of platforms raising subscription fees. The price increase, effective August 20th for new subscribers and rolling out to existing customers by September 20th, reflects a trend in the streaming industry as companies grapple with rising content creation costs. The impact will vary depending on the chosen plan. The ad-supported “Paramount+ […]

A night of apparent triumph at Singapore’s Marina Bay Sands Casino turned into tragedy for a patron who passed away shortly after a significant baccarat win. The unidentified man, reportedly a regular at the high-stakes tables, secured a substantial jackpot, according to casino staff and eyewitness accounts. The win, however, was followed by a sudden medical episode, with the man collapsing on the casino floor. Medical personnel […]

The Cosmos ecosystem is set to welcome Bitcoin with open arms thanks to a groundbreaking decision by Osmosis, a decentralized exchange (DEX) governed by the Cosmos DAO. By adopting a fee-free Bitcoin bridge, Osmosis is poised to streamline the movement of Bitcoin into the Cosmos network, potentially unlocking a wealth of opportunities for both DeFi users and the Cosmos network itself. This development hinges on a revenue-sharing […]

Sunday morning travelers at Manchester Airport, the third-busiest airport in the United Kingdom, faced a frustrating start to their journeys after a major power cut wreaked havoc on flight schedules. The outage, which struck the area around 1:30 am, plunged the airport into darkness and crippled critical systems. The immediate consequence was widespread disruption, with a significant number of flights, particularly those departing from Terminals 1 and […]

Toilet rolls, detergents and toiletries are all fine in their original packaging, survey says – but some personal care and high value items should be covered. 80% of those surveyed want to shop with retailers that reduce packaging materials. Since 2021, Amazon has increased the number of non-grocery orders sent without added delivery packaging from our Fulfilment Centre to Singapore customers by 80 %. SINGAPORE – Media […]

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The Al Habtoor Group, a Dubai-based conglomerate with a significant presence in Hungary’s hospitality sector, has initiated arbitration proceedings against Marriott International. The dispute centers on the management of the Ritz-Carlton Hotel in Budapest, with Al Habtoor seeking to terminate its agreement with the hotel giant and claiming substantial compensation. Details regarding the specific grievances behind the arbitration case remain confidential. However, the move signifies a serious […]

HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – Today, KGI Asia has released its 2024 Mid-Year Global Market Outlook, which covers regions including Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) Kenny Wen, Head of Investment Strategy at KGI Asia, and James Chu, Chairman at KGI Investment Advisory While the world is fighting against inflation, the economic […]

Nomura, a leading Japanese investment bank, has scored another win in its cryptocurrency ambitions after its digital asset unit, Laser Digital, secured a license from Abu Dhabi. This regulatory approval from the Financial Services Regulatory Authority (FSRA) permits Laser Digital to provide brokerage services for both traditional and digital assets, solidifying Abu Dhabi’s position as a burgeoning hub for crypto businesses. The license, officially a Financial Services […]

Plans to Apply for License and Provide Cryptocurrency Trading Services SINGAPORE – Media OutReach Newswire – 20 June 2024 – With Hong Kong gradually easing restrictions on cryptocurrencies, well-known cryptocurrency exchange Brainwave Crypto has announced plans to apply for a license in Hong Kong with the goal of offering cryptocurrency trading services to Hong Kong customers. Brainwave Crypto Plans to Provide Cryptocurrency Trading Services in Hong Kong […]

The winds of change swept through the cryptocurrency market today, bringing a surge in value across the board. Bitcoin, the undisputed heavyweight of the digital asset arena, experienced a significant rise, reclaiming the coveted $66, 000 mark. This uptick, at roughly 1. 5% over the last 24 hours, represents a positive shift in investor sentiment after a period of relative stagnation. The positive momentum wasn’t confined to […]

For those seeking a retro fix, the Nintendo Switch has become a treasure trove of classic titles. While iconic games like Super Mario World and Sonic the Hedgehog 2 remain at the forefront of nostalgic gaming, a collection of lesser-known gems from Konami has recently been unearthed, offering a chance to rediscover some hidden treasures of the 16-bit era. The Rocket Knight Adventures:Re-Sparked collection brings together three […]

The Department of Homeland Security (DHS) announced charges against two individuals for allegedly running Empire Market, a dark web marketplace that facilitated the anonymous sale of illegal goods and services valued at over $430 million. The investigation, led by Homeland Security Investigations (HSI) New York in collaboration with law enforcement partners, targeted Thomas Pavey, also known as “Dopenugget, ” and Raheim Hamilton, known online as “Sydney” and […]

Dubai, the United Arab Emirates’ tourism hub, clarified on Tuesday that it would not be hosting the Islamic pilgrimages of Hajj and Umrah in 2005, or any other year. The clarification comes amidst rumors circulating online suggesting Dubai’s intention to hold these pilgrimages. Hajj, the annual pilgrimage to Mecca in Saudi Arabia, is one of the five pillars of Islam and a mandatory duty for all Muslims […]

The service, a first for a UK auction house, complements the growing interest in whisky collection in Asia as an alternative asset SINGAPORE – Media OutReach Newswire – 18 June 2024 – Specialist spirits auctioneer, Whisky Hammer, announced today the launch of its bonded warehouse service – a first for a UK auction house – in Singapore. Asia Pacific continues to be the world’s most valuable export […]

The United Arab Emirates (UAE) is expected to witness a significant surge in electric vehicle (EV) adoption, with a PwC report predicting EVs capturing a quarter of all new car and light commercial vehicle sales by 2035. This represents a substantial leap from the current 3% share, highlighting the UAE’s potential to become a major player in the global EV market. PwC’s Mobility Outlook report forecasts a […]

The Middle East and North Africa (MENA) region is experiencing a surge in cryptocurrency adoption, solidifying its position as the world’s fastest-growing crypto market. This rapid growth, fueled by a confluence of factors, is transforming the financial landscape of the region. A recent report by Chainalysis, a blockchain research firm, revealed that between July 2021 and June 2022, the MENA region received a staggering $566 billion in […]

China is making a stealthy push to significantly boost its domestic oil production, aiming to surpass its all-time high by 2025. This ambitious target comes after years of decline in the industry, but recent advancements in extraction techniques and a renewed focus on domestic energy security are propelling the resurgence. The country’s previous peak output was achieved in 2015 at around 4. 3 million barrels per day. […]

The future of food security in the Middle East is getting a boost thanks to a new partnership between the Abu Dhabi Agriculture and Water Security Authority (AGWA) and Believer Meats, a leading cultivated meat company from the United States. This collaboration aims to establish Abu Dhabi as a hub for research, development, and production of cultivated meat, a revolutionary technology that grows meat from animal cells […]

The Doing Good Index 2024 reveals Asia’s social sector is unprepared for technological challenges HONG KONG SAR – Media OutReach Newswire – 17 June 2024 – The Centre for Asian Philanthropy and Society (CAPS), a uniquely Asia, independent, action-oriented research and advisory organization, released the 2024 edition of its flagship study, the Doing Good Index. The study finds that despite the rapid digitalization of the Asian social […]

Bill Gates, the billionaire co-founder of Microsoft and renowned philanthropist, has signaled a significant shift in his focus on combating climate change. In a recent interview, Gates expressed his unwavering confidence in next-generation nuclear power technology and pledged to dedicate billions of dollars to its advancement.  This announcement marks a turning point for Gates, who has previously championed renewable energy sources like solar and wind power. However, […]

SINGAPORE – Media OutReach Newswire – 13 June 2024 – Homeone, a trusted name in providing licensed electric storage and gas heater installation, is proud to announce the celebration of its 23rd anniversary. This milestone marks over two decades of commitment to quality, safety, and compliance in serving their valued customers. The company expresses gratitude to MediaCorp’s CNA for featuring them on the 12 January 2023 episode […]

Charity activities are an essential part of Ramadan celebrations. Octa seized this opportunity to implement a series of socially beneficial initiatives worldwide. Read about the projects the broker carried out in Indonesia, Malaysia, and Nigeria. No better time to contribute to the social good than Ramadan KUALA LUMPUR – Media OutReach Newswire – 14 June 2024 – Octa, a financial broker operating in many regions under globally […]

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Just in:
EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Valarmathi restarts fast as teachers defy police // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // December Is the Last Window for $800,000 U.S. Residency Investment // Nvidia appoints Colette Kress interim chief after Huang departure // Microsoft outage leaves Outlook and Teams users disconnected // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // Fujairah highway pile-up leaves 14 dead and 30 injured // Ration dealers seek GPS aided grain deliveries // Forged court directives trigger probe into website blocking // Musk expresses willingness to recruit Nvidia chief Huang // Ajman University MBA climbs to joint 13th regionally // DP World transports million containers through UAE corridors // Turkish Airlines adds Chengdu to mainland China services // MG Motor presents four electrified vehicles at Dubai exhibition // How A Newly Elected Democratic Congress Could Reshape US–India Relations? // New Zealand bond bids reach thirteen-year auction peak // Crescent Enterprises venture arm funds Oyster Therapeutics development // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // Wizz Air half-year earnings sink as fuel costs surge //