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Data reveals 11% revenue increase in Cloud-Native Application Protection Platform market HONG KONG SAR – Media OutReach Newswire – 24 September 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today celebrated that it has retained its #1 ranking for worldwide cloud-native application protection platform market share in the IDC, Worldwide Cloud-Native Application Protection Platform Market Shares, 2023: A Bull Market (doc # […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 September 2024 – In the last few years, financial scams and fraud have been rampant across various sectors in Southeast Asia. Traders and investors, in particular, are being exposed to financial malpractices like never before. Kar Yong Ang, a financial analyst from Octa, a global broker with extensive experience in the financial markets, offers some actionable tips that […]

Imtiaz Developments has teamed up with the Emirates Environmental Group (EEG) to launch an ambitious sustainability project aimed at enhancing environmental conservation in the UAE. The collaboration, dubbed “One Tree, One Apartment,” focuses on integrating green practices into residential development projects, with each new apartment contributing to the planting of a tree. The initiative represents a significant step in Imtiaz Developments’ commitment to environmental responsibility. For every […]

A Dubai-based startup is pioneering a sustainable revolution in construction by turning sand and date seeds into innovative building materials. ARDH Collective, which has gained attention in the architectural world for its eco-conscious approach, is at the forefront of an effort to reduce the carbon footprint of the construction industry. Its use of locally abundant resources not only offers a green alternative to traditional methods but also […]

National Holding has achieved a significant milestone by earning the Green Certificate from Moro Hub, a recognition awarded for outstanding sustainability practices. The UAE-based investment company has been actively involved in promoting green initiatives, aligning itself with the national agenda on environmental sustainability. The certification comes as an acknowledgment of its commitment to reducing environmental impact and adopting energy-efficient solutions across its portfolio of companies. The certification […]

An advanced malware campaign, identified by cybersecurity researchers at Proofpoint in August 2024, has raised alarms across various sectors worldwide. The malware, dubbed “Voldemort,” is believed to be part of a suspected cyber espionage operation, targeting organizations in sectors such as aerospace, insurance, and education. What makes Voldemort particularly concerning is its novel method of exfiltrating data—through the use of Google Sheets as a command and control […]

Trend Micro’s mid-year roundup report highlights resilience of threat actors HONG KONG SAR – Media OutReach Newswire – 27 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, today warned that threat actors have bounced back from recent law enforcement efforts to unleash a new wave of attacks leveraging AI and other techniques. Read the report “Pushing the Outer Limits: Trend Micro […]

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Saudi Arabia’s ambitious Red Sea Project, overseen by Red Sea Global, has launched the world’s largest solar-powered microgrid. This initiative marks a significant milestone in the kingdom’s journey towards sustainable development and energy independence, as part of its Vision 2030 objectives.

Located along the western coast of Saudi Arabia, the Red Sea Project is a mega-tourism development that aims to transform the region into a leading global destination while minimizing its environmental impact. The microgrid, which is at the heart of this effort, consists of more than 760,000 solar panels spread across the project’s expansive area. It is designed to generate 400 megawatts of clean energy, which will meet the entire electricity demand of the development, making it one of the few projects of this scale to operate entirely on renewable energy.

In addition to the solar microgrid, Red Sea Global has also introduced a substantial battery storage system with a capacity of 1,200 MWh, ensuring uninterrupted power supply even during periods of low sunlight. This massive storage solution is critical for maintaining the grid’s stability and supports the project’s commitment to 100% renewable energy usage, without relying on traditional power sources.

The Red Sea Project’s solar initiative extends beyond electricity generation to include the electrification of transportation within the development. All vehicles, including those used for transporting visitors from the Red Sea International Airport to various sites within the project, will be powered by solar energy, further enhancing the sustainability credentials of the project.

The development is not just an engineering feat but also a significant step towards achieving Saudi Arabia’s broader sustainability goals. As part of Vision 2030, the kingdom aims to diversify its economy away from oil dependence and establish itself as a leader in renewable energy. The Red Sea Project’s solar microgrid is a testament to this vision, showcasing how large-scale tourism can be developed sustainably.

Moreover, the project includes a strong focus on human capital development. Red Sea Global has launched vocational training programs in collaboration with the Human Resources Development Fund, offering scholarships to individuals, including specialized training in renewable energy. By 2030, the company aims to train 10,000 Saudi citizens, equipping them with the skills needed to thrive in the emerging green economy.

This ambitious initiative reflects Saudi Arabia’s commitment to creating a model for sustainable development in the region. By combining state-of-the-art renewable energy technology with an emphasis on environmental preservation and human development, the Red Sea Project sets a new standard for large-scale tourism projects globally. The success of this venture could serve as a blueprint for other countries looking to balance economic growth with environmental stewardship.

As the project progresses, it is expected to attract millions of visitors, drawn not only by the natural beauty of the Red Sea but also by the innovative approach to sustainability that underpins the entire development. With the completion of the solar microgrid and other green initiatives, the Red Sea Project is poised to become a symbol of a sustainable future in the Middle East.

Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, has unveiled ambitious plans to construct a hydrogen-powered skyscraper in Egypt’s new administrative capital. The 50-story tower, named the Forbes International Tower, is set to be a landmark in the business district of the capital, which is designed to accommodate over six million people. This project underscores Saudi Arabia’s growing influence in the region’s real estate sector and […]

Etihad Rail, the developer of the UAE’s national railway network, has introduced a sustainable finance framework aimed at funding projects that contribute to environmental, social, and governance (ESG) goals. This initiative aligns with the UAE’s broader ambitions to transition towards a more sustainable economy, as the country continues to invest in green infrastructure and renewable energy projects. The framework is designed to attract investments in sustainable projects, […]

Palestinian President Mahmoud Abbas is set to meet with Russian President Vladimir Putin in Moscow on Tuesday amid ongoing hostilities in Gaza. This high-level meeting comes as international concern mounts over the escalating violence and humanitarian crisis in the region.

The discussion between Abbas and Putin will focus on the unfolding situation in Gaza, where recent conflicts have intensified. Abbas aims to seek support and explore potential diplomatic solutions with Russia, a key ally with influence in the Middle East.

The Gaza Strip has been plagued by violence and destruction, with numerous reports highlighting the severe impact on civilians and infrastructure. The international community has called for restraint and a renewed push for peace negotiations, with varying levels of engagement from global powers.

Putin’s meeting with Abbas reflects Russia’s ongoing role in Middle Eastern diplomacy. Russia has positioned itself as a mediator in the region, advocating for balanced approaches to the Israeli-Palestinian conflict. The Kremlin’s involvement underscores its strategic interest in maintaining influence over regional affairs and bolstering its diplomatic credentials on the global stage.

The meeting comes as the United Nations and other international organizations have raised alarms about the humanitarian conditions in Gaza. Reports indicate shortages of essential supplies, medical resources, and a deteriorating living environment for residents affected by the conflict. Both Russia and the Palestinian leadership have expressed concerns over these conditions and the need for a resolution that addresses humanitarian needs while working towards a sustainable peace.

Abbas’s visit to Moscow is expected to address these issues and discuss possible Russian contributions to relief efforts. The Palestinian leadership is seeking a strengthened partnership with Russia to leverage its diplomatic weight and secure international backing for their position. This dialogue aims to align with broader international efforts to mitigate the crisis and facilitate a return to negotiations between the conflicting parties.

The Kremlin has historically been an advocate for Palestinian statehood and has hosted multiple rounds of peace talks in the past. Putin’s engagement with Abbas is seen as part of Russia’s strategy to enhance its influence and act as a counterbalance to Western involvement in Middle Eastern peace processes.

This meeting also highlights the shifting dynamics in international diplomacy regarding the Gaza conflict. As major global powers weigh in, the outcomes of these high-level talks could impact the trajectory of international responses and interventions. The global community is watching closely, with hopes pinned on diplomatic solutions that could lead to an enduring resolution to the conflict.

The talks between Abbas and Putin are set against a backdrop of heightened tensions and complex geopolitical considerations. The effectiveness of this dialogue in contributing to a peaceful resolution remains to be seen, as both leaders navigate a challenging landscape of diplomatic and humanitarian concerns.

Emirates Water and Electricity Company (EWEC) has launched a groundbreaking initiative, offering Clean Energy Certificates (CECs) for wind energy produced under the UAE’s first utility-scale Wind Programme. The certificates, which are now available for purchase, mark a significant milestone in the UAE’s commitment to diversifying its energy mix and achieving sustainability goals. For the first time, organizations across the UAE can purchase CECs specifically for wind-generated power. […]

Mashreq Bank, in collaboration with JLL, has embarked on a significant environmental initiative, aiming to secure LEED Zero Carbon certification for its global headquarters. This ambitious project marks a pivotal step in Mashreq’s sustainability strategy, reflecting a broader trend among financial institutions to adopt stringent environmental standards. The initiative represents a commitment to eliminating carbon emissions from the bank’s operations, aligning with the global push for more […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 August 2024 – The prevalence of investment fraud is increasing globally, with Malaysia and Singapore seeing significant rises in such incidents. As financial markets become more accessible, scammers have devised sophisticated methods to deceive unsuspecting investors. In this environment, being aware of modern types of scams is crucial for protecting personal finances and investments. Experts at Octa, a […]

Vice President Kamala Harris has secured critical backing from a prominent U.S. Muslim group as pro-Gaza delegates push for greater influence within the Democratic Party. This development comes at a time when the party grapples with internal divisions over the Israel-Gaza conflict.

Harris has been advocating for a more balanced U.S. stance on the conflict, emphasizing the need for humanitarian aid and protection for civilians in Gaza. Her recent calls for a ceasefire have resonated with progressive factions and Muslim communities, who have been vocal about the humanitarian crisis in the region.

The shift in support is significant given the historical alignment of Muslim voters with the Democratic Party. Harris’s stance represents a nuanced position that seeks to address the concerns of both pro-Israel and pro-Palestinian advocates within the party. Her approach includes condemning Islamophobia while also supporting Israel’s right to defend itself, a stance that has garnered both praise and criticism from different quarters.

The endorsement from the Muslim group is seen as a strategic move to strengthen Harris’s position within the party and appeal to a broader base of voters. This backing could prove crucial as the Democratic National Convention approaches, where delegates will play a pivotal role in shaping the party’s platform and candidate selection.

Harris’s proactive engagement on this issue highlights the ongoing struggle within the Democratic Party to balance its traditional support for Israel with the growing demand for Palestinian rights and humanitarian considerations. Her efforts to align with progressive constituencies reflect the evolving dynamics within the party and the broader political landscape.

This support from the Muslim group not only boosts Harris’s credentials but also underscores the increasing influence of diverse voter blocs in shaping U.S. political discourse. The outcome of these internal party dynamics will likely have significant implications for the Democratic Party’s future direction and its approach to foreign policy, particularly in the Middle East.

In sum, Harris’s recent actions and the endorsement from a key Muslim group indicate a strategic realignment within the Democratic Party, aiming to address the complex and often contentious issues surrounding the Israel-Gaza conflict. This move is poised to impact the party’s unity and electoral prospects as it navigates the intricate balance of supporting both Israeli security and Palestinian humanitarian needs.

At least 12.6% of an organisation’s annual revenues were at risk to cyber threats Sensors detected 125% attack hours – 10 attack hours in an 8-hour workday Businesses endured on average 1,104 hours of critical attacks during a span of 880 working hours; protected from a potential of 46 days of downtime Malware trended up 30% YoY, including a massive 92% spike in May alone Ransomware intensifies […]

The Arc is a new eco-friendly mixed-use development in Shoreditch, London, featuring extensive health and wellbeing credentials and amenities, 150,000 sq. ft office space and landscaped roof top gardens LONDON, UK – Media OutReach Newswire – 26 July 2024 – Ghelamco, a renowned international property developer, proudly announces the official opening of The Arc in Shoreditch, London, to its first residents and commercial tenants. This milestone is […]

SINGAPORE – Media OutReach Newswire – 18 July 2024 – AgileAsia Pte Ltd, a provider of Agile training and certification, is proud to announce its collaboration with the Singapore University of Technology and Design (SUTD) to issue a Professional Certificate in Agile Project & Product Management. This partnership aims to enhance the skills of professionals in Agile practices, offering an advanced educational experience through the integration of […]

Decentralized finance (DeFi) protocol Compound Finance is urging users to exercise caution after it discovered a phishing scam targeting its website. According to Michael Lewellen, a security consultant for Compound DAO, the platform’s website has been compromised and is currently redirecting users to a fraudulent site. Lewellen emphasized that the underlying protocol itself remains secure. “The Compound protocol is unaffected and all smart contract funds are safe, […]

The digital landscape is facing a major security challenge after a record-breaking leak exposed nearly 10 billion passwords. Dubbed “RockYou2024, ” the data dump dwarfs previous compilations, raising concerns for online safety. Researchers at Cybernews, a cybersecurity firm, discovered the leak on a popular hacking forum. The data, titled “RockYou2024. txt, ” was uploaded by a user with a history of sharing stolen information. Analysis indicates RockYou2024 […]

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 […]

By K Raveendran Prime Minister Narendra Modi’s use of ‘balak budhi’ to describe Rahul Gandhi during the debate on the President’s address to parliament may be seen may be seen as an NDA-complaint derivative of the derisive ‘Pappu’ jibe used by BJP leaders in the early phases of the Gandhi scion’s political career. The new […]

Transforming the employee experience in a modern workplace and accelerating the adoption of digital access infrastructure in Asia’s commercial real estate HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – Nan Fung Group (Nan Fung), a privately-held conglomerate with global interests in real estate development, has partnered with HID, a worldwide leader in trusted identity solutions, to introduce a new employee badge in Apple […]

Android users, particularly those in Canada, France, Italy, Spain, Turkey, the United Kingdom, and the United States, should be on high alert. Cybersecurity researchers have identified a resurgence of the infamous Medusa banking trojan, now sporting a stealthier design and a wider range of malicious capabilities. First discovered in 2020, Medusa, also known as TangleBot, has a history of targeting financial institutions and their customers. This latest […]

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