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HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – Artificial intelligence (AI) is already being widely adopted in companies’ financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG. At the same time, companies expect AI to be increasingly used […]

Arabian Post Staff -Dubai The Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the Middle East and North Africa (MENA) region, has solidified its position as a key market player by finalizing the acquisition of a 32. 6% stake in DME Holdings Limited. DME Holdings Limited is the parent company of the Dubai Mercantile Exchange (DME), a prominent international commodities exchange. This […]

The United Arab Emirates (UAE) is revamping its approach to infrastructure development and financial innovation through a two-pronged strategy. Recent government actions establish a more efficient framework for public-private partnerships (PPPs) and create a regulatory sandbox to foster financial technology (fintech) ventures. The Ministry of Finance (MoF) unveiled a Public-Private Partnership Manual outlining a standardized procedure for federal entities to collaborate with private businesses on strategic projects. […]

Hongkong Land commits US$400 million (HK$3.1 billion) strategic investment to launch “Tomorrow’s CENTRAL”, a planned transformation of LANDMARK Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across LANDMARK, reimagining the luxury landscape of Hong Kong Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class destinations Featuring 10 […]

Hongkong Land’s strategic investment of US$400 million (HK$3.1 billion) in LANDMARK reinforces Central, Hong Kong as a world-class destination for luxury retail, lifestyle and business Hongkong Land estimates an additional US$600 million (HK$4.7 billion) capital investment from retail tenants across the LANDMARK retail portfolio Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby’s, Tiffany & Co., and Van Cleef & Arpels have committed to create world-class […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – New World Development Company Limited (“NWD” or “New World Development” or the “Group”; Hong Kong Stock Code: 00017) is pleased to announce that it has been recognised by TIME Magazine as one of the “World’s Most Sustainable Companies of 2024,” an inaugural list that names top 500 companies in the world promoting corporate responsibility and […]

China’s financial regulators are looking into easing limitations on how much insurance companies can invest in venture capital (VC) funds. This move could provide a significant boost to China’s startup ecosystem by introducing a new wave of capital. Currently, Chinese insurance firms face limitations on the amount they can allocate towards VC investments. This regulation aims to safeguard policyholders’ funds by mitigating risk. However, it also restricts […]

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Remarkable funding support for becoming a biotech unicorn HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Immuno Cure BioTech (“Immuno Cure“) is delighted to announce its recent successful admission to the prestigious Elite Programme of Hong Kong Science & Technology Park (“HKSTP“), positioning the company for accelerated growth and innovation in the field of biotechnology in Hong Kong. This significant funding support will […]

Almar Water Solutions, a subsidiary of the prominent Saudi Arabian conglomerate Abdul Latif Jameel, has set its sights on a partnership with Chilean mining giant Codelco. The target?A collaborative effort to tackle the Maricunga lithium project, a potential boon for the electric vehicle battery market. This news comes amidst a global scramble for lithium, a key component in electric vehicle batteries. The surge in demand is fueled […]

The Middle East and North Africa (MENA) region has experienced a significant spike in cyberattacks, with Distributed Denial-of-Service (DDoS) attacks witnessing a staggering 183% increase year-on-year in the first quarter of 2024, according to a report by cybersecurity firm StormWall. This alarming trend coincides with heightened geopolitical tensions in the region, raising concerns about the potential motives behind these attacks. StormWall’s report highlights a direct correlation between […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Generali Hong Kong’s marketing and communications team has been named the winner of the Marketing Team of the Year – Silver Stevie® Award at the 2024 Asia-Pacific Stevie® Awards. This prestigious recognition highlights the exceptional creativity and innovation of Generali Hong Kong’s marketing and communications team in driving impactful marketing strategies. Last year, Generali Hong […]

By Arun Srivastava In the last one hundred years since its founding,, the RSS had never faced such an existential crisis as it is happening now with its row with the Prime Minister Narendra Modi, a former leading pracharak. In 2003 the RSS had faced a big fight with the Vishwa Hindu Parishad, but that […]

Trend Micro™ Zero Day Initiative™ (ZDI) is a cybersecurity secret weapon HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced that it discovered a market-leading 60% of vulnerabilities worldwide in 2023 according to a new Omdia report. To read the full Omdia report, Quantifying the Public Vulnerability Market: 2023 Edition, please […]

Arabian Post Staff -Dubai HSBC has picked the United Arab Emirates (UAE) as the springboard for its innovative digital trading platform, WorldTrader. This move caters to the rising demand for international investment opportunities among HSBC’s Wealth and Personal Banking (WPB) clients. WorldTrader empowers users with a gateway to a diverse selection of investment options, encompassing up to 80% of the world’s stock market capitalization. Through this user-friendly […]

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 […]

Nvidia, the tech giant known for its graphics processing units (GPUs) and AI innovations, has seen a significant reduction in its market value this week. After briefly surpassing Microsoft and Apple to become the world’s most valuable company, Nvidia’s market capitalization dropped by over $500 billion, falling to approximately $2.91 trillion. This decline, marked by a nearly 7% drop in share price on Monday, has sparked widespread […]

A recent study by Dell Technologies paints a rosy picture of artificial intelligence (AI) adoption in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). The research, titled “Dell Technologies Innovation Catalyst Research, ” surveyed IT and business decision-makers across these regions and found a remarkable level of confidence in their organizations’ preparedness for AI innovation. According to the study, a staggering 9 in […]

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 […]

Saudi Arabia’s flynas has cemented its position as the Middle East’s leading budget carrier, clinching the coveted Best Low-Cost Airline in the Middle East award for the remarkable seventh consecutive year. The recognition comes courtesy of the International Skytrax Organization, a widely respected evaluator of airline performance. The prestigious Skytrax Awards are considered the pinnacle of achievement in the aviation industry, functioning as the gold standard for […]

SINGAPORE – Media OutReach Newswire – 25 June 2024 – Emphasising high speed data transfers and charging, Philips presents 4 new USB-C monitor categories to cater to every type of professional user. Philips Revolutionizes USB-C Monitor Lineup with New Categories Tailored for Every Profession In a significant expansion to their product offerings, Philips Monitors today announced a strategic revamp of their USB-C monitor lineup, designed to cater […]

New Nighthawk Router expands NETGEAR’s WiFi 7 portfolio offering incredible value for multi-gig speeds and revolutionary performance HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today expanded its WiFi 7 standalone router line with the new Nighthawk RS300 Router. NETGEAR’s most affordable […]

Gamers looking for a powerful and portable machine are in luck. Dell is offering a significant discount on its Alienware x14 R2 gaming laptop equipped with the latest Nvidia GeForce RTX 4050 graphics card. The price reduction brings the starting price down to $1200, a tempting proposition for those seeking a balance between performance and affordability. The Alienware x14 R2 is a mid-range gaming laptop that punches […]

Arabian Post Staff -Dubai Qatar is making a strategic push to become a leading center for commerce and innovation in the Middle East. This ambition is fueled by a booming commercial real estate market, driven by factors like economic diversification efforts, significant infrastructure development, and the positive impact of hosting major international tournaments. According to a recent report by Statista, Qatar’s commercial real estate sector is estimated […]

While Singapore (1st, unchanged) and Hong Kong (2nd, up from 3rd) still dominate the podium, the Asia Pacific (APAC) region is now ranked 2nd place for the first time, due to lower rankings for cities like Tokyo, and a very strong return to prominence for Europe, Middle East and Africa (EMEA). SINGAPORE / HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – According to […]

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