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New agreement marks major milestone for Zuellig Pharma as it focuses on expanding its consumer healthcare segment, and for Institut AllergoSan as it expands its global presence SINGAPORE – Media OutReach Newswire – 19 July 2024 – Zuellig Pharma, a leading healthcare solutions company in Asia, today announced that it has signed a 10-year commercialisation partnership with Austria-based Institut AllergoSan, a research and development company that specialises […]

OxPay to expand its services by issuing credit cards, enhancing its position in the competitive fintech market. New CEO Yick Li Hsin leads the charge in exploring new markets and business opportunities. Strategic partnerships and collaborations aim to increase merchant acquisition and market presence. SINGAPORE – Media OutReach Newswire – 19 July 2024 – OxPay Financial Limited (SGX: TVV) (“OxPay” or the “Company”, and together with its […]

HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – Online Rich, an award-winning cross-border e-commerce entrepreneurship platform, marks its fifth anniversary this year. A key business unit of Good Timing Holding Limited, Online Rich specializes in providing a one-stop service for e-commerce startups, helping them build and expand their global business from scratch. Over the past year, Online Rich has not only conducted multiple […]

A massive technology disruption struck worldwide over the night of July 19, 2024, as Microsoft experienced a significant global outage affecting its online services. This unprecedented breakdown led to widespread service interruptions, impacting various sectors and prompting substantial disruptions in daily operations. The outage began late Thursday and persisted into Friday, creating chaos for users relying on Microsoft’s suite of products, including Office 365, Outlook, and Azure […]

DP World and Turkey’s Evyap Group have unveiled a strategic partnership to develop a state-of-the-art logistics hub in Turkey, marking a significant expansion in global logistics capabilities. This ambitious project aims to enhance the efficiency of the supply chain between Europe, the Middle East, and Asia, leveraging Turkey’s strategic geographic location. The new logistics hub will be situated in Istanbul, a critical node in global trade routes. […]

A recent major IT outage linked to Microsoft and CrowdStrike caused widespread disruptions globally, affecting banks, airlines, and numerous businesses. The outage, which started on July 19, led to significant delays and operational issues, particularly in Australia where initial reports of system failures emerged. CrowdStrike clarified that the outage was not the result of a cyberattack, but rather a faulty update. The disruption resulted in Windows “blue […]

Yogi Adityanath Shows Who Is In Real Control Of Uttar Pradesh In 2024Yogi Adityanath Shows Who Is In Real Control Of Uttar Pradesh In 2024By Sushil Kutty Any lingering doubts on who is in control in Uttar Pradesh went out the window the minute Chief Minister Yogi Adityanath disregarded all opposition to the restrictions placed on eateries along Kanwar Yatra routes, including the objections from NDA allies JD-U and the RLD, and ordered that the advisory asking eateries along […]
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The BrightSparks Scholarship & Higher Education Fair ’24 marks its first physical event since 2018, offering attendees seamless access to admission representatives, scholarship insights, and real-life networking opportunities. Featuring 15 exhibitors such as Changi Airport Group, Crimson Education, Defence Science and Technology Agency, and the National Council of Social Service, attendees can expect insightful seminars and panel discussions from industry leaders across thriving sectors. SINGAPORE – Media […]

Saudi Arabia’s national shipping carrier, Bahri, has withdrawn from the competitive bidding process to acquire Deutsche Bahn’s logistics subsidiary, DB Schenker. This move leaves three remaining contenders: Danish transport giant DSV, a consortium led by CVC Capital Partners, and the Danish shipping company Maersk. Bahri’s exit is a significant development in the sale process of DB Schenker, which Deutsche Bahn initiated to reduce its substantial debt, estimated […]

Investing HK$400 million to Build a 150-member Team and Leading AI and Medical AI Development in Hong Kong HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – iFLYTEK Co., Ltd., renowned in the Asia-Pacific region and a leading listed company specialising in intelligent speech and Artificial Intelligence (AI), along with its subsidiary Xunfei Healthcare Technology Co., Ltd., is establishing an international headquarters at Cyberport […]

A significant IT outage affecting Microsoft services has caused widespread disruptions globally, including in critical sectors such as aviation, banking, and media. The UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) issued a statement on July 15, 2024, addressing the ongoing situation. The outage began on July 13, 2024, when an automated cleanup operation inadvertently deleted essential resources within Microsoft’s Azure cloud platform. This triggered a series […]

HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) hosted the Graduation Party 2024 for its Ideation, Incubation, and Acceleration Programmes today. This year, a total of 641* startup units from 23 economies have successfully completed the Ideation, Incubation, Incu-Bio, and Acceleration programmes. Nearly 70% of the Incubation Programme graduates will continue their entrepreneurial journey at […]

Arabian Post Staff The global disruption caused by a Windows software issue has raised significant concerns about the credibility of cybersecurity firm CrowdStrike. The incident, which paralyzed computer systems worldwide, was reportedly linked to a compatibility flaw between CrowdStrike’s endpoint security software and the latest Windows update. CrowdStrike, known for its cybersecurity solutions and proactive threat detection capabilities, found itself under scrutiny as users and businesses grappled with […]

Abu Dhabi Commercial Bank (ADCB) has announced a significant increase in its net profit for the second quarter of 2024, exceeding market expectations. The bank reported a 20% rise in its net profit, attributing the growth to strong operating performance and improved economic conditions in the region. The financial institution’s net profit for Q2 2024 reached AED 1.7 billion, compared to AED 1.42 billion in the same […]

As technology evolves, the choice between operating systems becomes increasingly crucial for users seeking performance, security, and customization. Recently, with the release of Windows 11, many are considering whether to stick with Microsoft’s latest offering or explore alternatives like Linux. Here’s why Linux could present a compelling option for those looking to switch. Linux, known for its stability and security, has garnered a loyal following in tech […]

Arabian Post Staff -Dubai A consortium led by EQT and the Abu Dhabi Investment Authority (ADIA) has submitted a bid of $1.6 billion to acquire a prominent Indian biopharmaceutical company. This strategic move highlights the continued interest of global investors in India’s rapidly growing healthcare sector. The consortium, which includes EQT, a leading global investment firm with a focus on active ownership strategies, and ADIA, one of […]

Facing dwindling revenues and declining profitability, bitcoin miners are increasingly turning to alternative sources of income. The downturn in the cryptocurrency market has left many miners grappling with financial difficulties, prompting them to explore new business avenues to offset losses. A growing number of these miners are now investing in and hosting artificial intelligence (AI) computing facilities, a shift that is beginning to bear fruit in their […]

Accelerate commercialization of its algo-trading technology HONG KONG SAR – Media OutReach Newswire – 18 July 2024 – International Genius Company (“IGC” or the “Company“, together with its subsidiaries, the “Group“; stock code: 0033.HK) announced a business update: the Company’s Subsidiary, Deep Neural Computing Company Limited (“DNCC“), entered into a Cooperation Framework Agreement with Confiprosper Fintech Limited (“CFL“), a Hong Kong corporation. The Agreement aimed at leveraging […]

Italy’s competition watchdog, AGCM, announced it has opened an investigation into Google and its parent company Alphabet over allegations of unfair commercial practices related to user data. The probe focuses on whether Google misused user data to enhance its advertising services and to possibly obstruct competitors from gaining a foothold in the market. AGCM’s move is part of a broader European effort to regulate Big Tech companies […]

Barratt London, a prominent name in the UK’s real estate market, is providing Middle Eastern investors with significant opportunities to invest in properties offering prime access to green spaces in London. Their latest projects are designed to appeal to investors seeking high returns and valuable real estate options in desirable locations. One of the standout developments is Hayes Village, situated on the site of a former Nestlé […]

Bankrupt cryptocurrency lender BlockFi revealed plans on Thursday to begin its initial cryptocurrency distributions through Coinbase starting July 2024. The company, which filed for bankruptcy earlier this year amidst regulatory scrutiny and financial woes, aims to kickstart the process of returning funds to its investors. BlockFi’s decision marks a pivotal moment in its bankruptcy proceedings, following months of negotiations with creditors and regulatory bodies. The firm, once […]

The company announces new payout support in multiple countries, serving a wider audience of digital nomads as it expands its services and operations to Latin America and Southeast Asia SAN FRANCISCO, US – EQS Newswire – 18 July 2024 – Y Combinator alum Grey (https://Grey.co) a B2C cross-border payments startup founded in 2020, is expanding its services and operations to Latin America (LATAM) and Southeast Asia (SEA). […]

Abu Dhabi and Dubai have emerged as prominent leaders in the global smart cities landscape, securing top positions in the latest international rankings. These cities, known for their rapid technological advancements and innovative urban planning initiatives, have significantly enhanced their infrastructure and services to cater to the evolving needs of residents and businesses alike. The ranking, compiled by a leading international consultancy firm specializing in urban development, […]

PRAGUE, CZECH REPUBLIC – Newsaktuell – 18 July 2024 – The Czech company eM Client releases a new version of the eponymous application for Windows, Mac, Android and iOS. eM Client is a popular tool for managing (not only) emails, which has become the main challenger to Microsoft Outlook for both end users and businesses. Version 10 brings the largest number of new features and improvements in […]

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