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Egyptian and Emirati companies have joined forces to develop a real estate project valued at a staggering $500 million. The agreement, signed on July 9th, 2024, brings together Egypt’s Safwat Kaliouby Group (SKG) holding company and the United Arab Emirates’ KSH Investment Company. The project’s location is particularly noteworthy – a prime spot along the iconic Nile River in Cairo. This significant deal signifies a growing trend […]

Saudi Reinsurance Company (Saudi Re) announced the completion of its stake sale in Probitas Holdings (Bermuda) Limited (PHBL) for $157. 4 million. The divested stake, representing 49. 9% ownership of PHBL and its subsidiaries, is expected to positively impact Saudi Re’s financial performance in the third quarter of 2024, according to a company statement released on the Saudi Stock Exchange (Tadawul). The agreement between Saudi Re and […]

SINGAPORE – Media OutReach Newswire – 10 July 2024 – As offices adapt to the evolving needs of a post-pandemic workforce, FAM Solutions, a leading provider of innovative office furniture solutions, is proud to unveil its range of innovative meeting booths. Designed to address the growing demand for privacy and focused work environments in open-plan offices, these customisable office pods offer a blend of functionality, style, and […]

By L S Herdenia BHOPAL: History repeats itself. We expected that BJP in Madhya Pradesh may prove that this saying is untrue. During last 24-years’ rule, BJP could not complete the duration of the Assembly sessions. The session invariably ended without transacting the business approved by the Business advisory committee. Before the commencement of the […]

DHL Express’s digital tools are available to equip small and medium enterprises (SMEs) with knowledge and expertise to navigate the global marketplace from planning to aftersales SINGAPORE – Media OutReach Newswire – 10 July 2024 – DHL Express is empowering small and medium enterprises (SMEs) with a suite of digital tools to expand their footprint, and increase international trade and shipping activities. These digital tools enable resource-constrained […]

Iraq is extending an olive branch to Saudi Arabia in the form of a proposed law designed to safeguard Saudi investments within its borders. This move comes amidst a period of burgeoning economic cooperation between the two nations, with bilateral trade experiencing a 12% annual growth spurt. The news of the legislation was unveiled during a meeting in Riyadh between Hassan Al-Huwaizi, President of the Federation of […]

The United Arab Emirates (UAE) has solidified its position as the frontrunner in environmental sustainability and climate action across the Middle East and Africa (MEA) region, according to a recent report by Agility Global. The findings, released as an update to Agility’s MEA Environmental Sustainability Scorecard, evaluated 17 countries on environmental outcomes, government policies, and corporate practices. The report commends the UAE’s significant strides in clean energy […]

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AVIS Singapore sets new standards in car rentals, aiming to improve service quality and customer satisfaction. SINGAPORE – Media OutReach Newswire – 10 July 2024 – AVIS Singapore, part of the global mobility solutions provider, Avis Budget Group, announces significant enhancements to its car rental services, aiming to improve the customer experience and establish new benchmarks within the industry. AVIS Singapore sets new standards in car rentals. […]

Riyadh Air, Saudi Arabia’s upcoming carrier, and Delta Air Lines announced a strategic partnership that will significantly enhance travel options for passengers journeying between North America and the Kingdom. This agreement, signed in Atlanta at Delta’s headquarters, lays the groundwork for a collaborative effort to expand their respective networks and unlock future growth opportunities. The partnership promises a wider array of benefits for travelers. Passengers flying between […]

DUBAI, United Arab Emirates – In a move that strengthens the UAE’s position in the green energy sector, DUBAL Holding, the emirate’s sovereign wealth fund with a focus on sustainable investments, announced the acquisition of an equity stake in BiOD Technology FZCO. BiOD holds the distinction of being the largest biodiesel manufacturer not only in the UAE but across the entire GCC region. The partnership between the […]

HONG KONG SAR – EQS Newswire – 10 July 2024 – Recently, Uni-Bio Science Group Limited (the “Company”, together with its subsidiaries (Beijing Genetech, Shenzhen Watsin, Dongguan Watsin), the “Group”) is pleased to announce a strategic cooperation with Chongqing Minji Medical Device Co., Ltd. (hereafter “Chongqing Minji”). This partnership expands the Group’s business into the medical aesthetics device sector and enhances its long-term strategy in biopharmaceuticals and […]

The Emirate of Sharjah is poised to harness the desert sun with the groundbreaking of its largest solar power plant. The Sharjah National Oil Corporation (SNOC) partnered with Emerge, a joint venture between Masdar and the EDF Group, to construct the 60-megawatt peak (MWp) solar photovoltaic (PV) plant. Located at SNOC’s Sajaa Gas Complex, the plant will generate enough clean energy to offset an estimated 66, 000 […]

Expected to generate value over 1.64 billion baht for medical laboratory and healthcare. BANGKOK, THAILAND – Media OutReach Newswire – 10 July 2024 – Informa Markets launched “Medlab Asia & Asia Health 2024,” the largest medical laboratory and medical device trade show and conference in Southeast Asia. Under the concept of International Healthcare Week, it focuses on presenting advancements and innovations in the medical industry, creating opportunities […]

Arabian Post Staff -Dubai A significant strengthening of economic ties between India and the United Arab Emirates (UAE) is anticipated following a forthcoming conclave in Dubai. The event, slated for early next year, is expected to serve as a launchpad for multi-billion dollar investments in key sectors like healthcare and trade. A focal point of the conclave will be the “India Hospital” project, envisioned as a transformative […]

HONG KONG SAR – Media OutReach Newswire – 10 July 2024 – Generali Hong Kong has achieved significant recognition at the Insurance Asia Awards 2024, receiving two prestigious awards that underscore its excellence in social media engagement and product innovation. The two awards received by Generali Hong Kong include: Social Media Initiative of the Year New Insurance Product of the Year The award recognizes Generali Hong Kong’s […]

Industry Veteran Brings Extensive Experience in Scaling Engineering Teams and Building Innovative Products SINGAPORE – Media OutReach Newswire – 10 July 2024 – SleekFlow, a Singapore-based leading provider of AI-powered omnichannel conversation suite, announced the appointment of Gao Lei as Chief Technology Officer CTO, effective immediately. Gao Lei Portrait With over 20 years of tech leadership at Silicon Valley and tech entrepreneurial experience in AI and Big […]

The G7’s (Group of Seven) recent move to seize assets belonging to Russian oligarchs and government officials has triggered a potential financial ripple effect, with Saudi Arabia issuing a stark warning. The Saudis, a major oil producer and significant player in the global financial markets, have threatened to dump their holdings of US Treasuries if the G7 continues down this path. The crux of the Saudi concern […]

SINGAPORE – Media OutReach Newswire – 9 July 2024 – On 9 July 2024, the Institute of Singapore Chartered Accountants (ISCA) signed a Memorandum of Understanding (MOU) with the Shanghai Institute of Certified Public Accountants (SHICPA), to further areas of collaboration between both professional accountancy bodies. Taking place at the 5th Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) meeting on the same day, the MOU was signed by Mr […]

Over 24,000 global water and city leaders, delegates, and trade visitors attended SIWW2024 SIWW2024 Water Expo featured exhibiting companies from over 30 countries and regions and nine country and regional pavilions, covering 22,000 square metres of exhibition space 51% of exhibiting companies from overseas, catering to 35% of overseas trade visitors, mostly from ASEAN countries SINGAPORE – Media OutReach Newswire – 9 July 2024 – Into its […]

Saudi Arabia’s Al-Hokail Academy Specialized Digital Polyclinics Company is diving into the public market. The healthcare provider announced plans for an initial public offering (IPO) on the Nomu-Parallel Market, a dedicated segment for smaller companies on the Saudi Stock Exchange (Tadawul). The offering will see Al-Hokail sell 2. 03 million shares, representing a 29% stake in the company. This dilution of ownership paves the way for potential […]

Arabian Post Staff -Dubai Ram Buxani, a leading figure in Dubai’s Indian business community and a renowned philanthropist, passed away on Monday at his residence. He was 83 years old. Buxani’s life embodied the spirit of entrepreneurship that has fueled Dubai’s remarkable growth. Arriving in the emirate in 1959 at the age of 18, he witnessed firsthand its transformation from a modest trading hub to a global […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 9 July 2024 – Bigo Live, the top global livestreaming platform, is hosting a thrilling online talent competition starting 11 July. Two races, one between individual hosts (11-19 July) and the other between families (23-31 July), will be elimination rounds of guessing games and performances. Thousands of broadcasters will join the battle for in-app prizes and a […]

Revolutionizing Indoor Air Quality for Healthier, More Sustainable Workspaces SINGAPORE – Media OutReach Newswire – 8 July 2024 – FJ SafeSpace proudly announces its new air quality monitoring solution, developed through a partnership with uHoo, aptly dubbed as the Smart Air Monitor. The Smart Air Monitor provides a comprehensive air quality monitoring system equipped with 13 environmental sensors and a virus index, addressing common workplace concerns such […]

The Roads and Transport Authority (RTA) in Dubai has bolstered its public bus network with the launch of two new circular routes. These routes, designed to improve internal connectivity and provide better access to the metro system, cater to residents in Dubai Hills and DAMAC Hills. The first route, designated DH1, operates between Dubai Hills and Equiti Metro Station. Running at one-hour intervals, the DH1 route offers […]

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