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This partnership will see JJ-LAPP distribute Deye’s solar energy products and solutions in Malaysia SINGAPORE/KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 December 2024 – JJ-LAPP, the cable technology joint venture of diversified industrial conglomerate Jebsen & Jessen Group and LAPP Holding Asia, announced its partnership with Deye, a leading player in the global solar inverter market, in Malaysia. Through this strategic partnership, JJ-LAPP will handle […]

Marking a year of connecting semi-skilled job seekers and businesses, the platform has become an essential hiring partner in Singapore’s high-demand industries. Aligned with MOM’s emphasis on labour market resilience, Jobstreet Express supports businesses in overcoming barriers like unattractive pay and demanding work conditions, directly tackling hard-to-fill jobs in Singapore. SINGAPORE – Media OutReach Newswire – 5 December 2024 – Jobstreet Express, part of Jobstreet by SEEK, […]

VYTAL Global acquires certain assets and team members from TURN to drive tech-enabled reuse solutions VYTAL Global expands to the U.S. with the launch of VYTAL US Inc. Germany-based digital reuse platform that continues global growth by acquiring certain key assets and team members from TURN, the leading U.S.-based reuse company, providing tech-enabled reuse solutions to events and venue customers. COLOGNE, GERMANY – Newsaktuell – 5 December […]

Reinventing Cantonese Culinary Classics and Cultural Heritage HONG KONG SAR – Media OutReach Newswire – 5 December 2024 – Yung’s Bistro has officially opened its second restaurant in Taikoo Place. Building on 82 years of culinary expertise from its parent company “Yung Kee Restaurant”, the brand celebrates authentic Cantonese cuisine through its philosophy of “Taste of Art, Made with Heart”. The restaurant offers traditional Cantonese dishes with […]

Apple is poised to expand its retail footprint in the UAE, announcing plans for a fifth store in the region. This development comes as the company’s cumulative investments in the UAE have surpassed $1.6 billion, underscoring the tech giant’s commitment to strengthening its presence in a key international market. The upcoming store, slated to open in Abu Dhabi’s Al Maryah Island, will be the second Apple location […]

Matein Khalid I wrote a column on Vornado (VNO) as a buy at 18 in Sep’22 as it was slammed by the pandemic, its debt load and the Fed’s draconian rate hikes. So VNO’s price ascribed a $450 a square foot value to its prime Manhattan office/Fifth Ave retail portfolio even though its occupancy rate was 91% as the pandemic raged. To help my Dubai friends grasp […]

Dubai is set to undergo a significant urban transformation as part of a strategy spearheaded by Sheikh Mohammed bin Rashid Al Maktoum. A comprehensive initiative aims to establish over 3,000 kilometers of pedestrian pathways, reshaping the emirate into a walkable and sustainable urban hub. The masterplan, designed to enhance accessibility and quality of life for residents and visitors, aligns with Dubai’s long-term vision of urban excellence and environmental sustainability.

The ambitious project, described as a cornerstone of the city’s urban development strategy, seeks to balance modern infrastructure with human-centric design. The extensive network of pedestrian-friendly pathways will integrate with existing and upcoming public transport systems, including metro stations, bus routes, and water taxis, ensuring seamless connectivity across the emirate. This initiative reflects Dubai’s commitment to fostering an environment where walking becomes a preferred mode of transportation, promoting health, reducing carbon emissions, and enhancing the city’s appeal.

Under the directive, urban planners are tasked with reimagining key areas of Dubai, prioritizing walkability while preserving the emirate’s iconic aesthetic. Residential neighborhoods, commercial districts, and tourist hotspots will feature pedestrian zones equipped with shaded pathways, dedicated green spaces, and urban amenities. The initiative also plans to incorporate advanced technologies such as smart lighting and interactive information kiosks, enhancing the user experience while ensuring safety and accessibility.

Key urban corridors, including Sheikh Zayed Road, Downtown Dubai, and Dubai Marina, are expected to be focal points for pedestrian-oriented development. The emphasis will be on creating vibrant public spaces that cater to diverse community needs, fostering social interaction and enhancing the city’s cultural vibrancy. By transforming major thoroughfares into walkable zones, Dubai aims to reduce traffic congestion and encourage sustainable mobility practices.

Environmental sustainability is at the core of the masterplan, with efforts focused on reducing the urban heat island effect and improving air quality. Extensive tree planting and landscaping are integral to the strategy, creating natural cooling effects and enhancing the overall livability of the city. Dubai’s leadership has underscored the importance of integrating environmentally responsible practices into urban planning, viewing this initiative as a step toward achieving broader climate goals.

The masterplan also includes measures to address accessibility for all segments of society, with pathways designed to accommodate people of determination. Wheelchair-friendly ramps, tactile paving for the visually impaired, and audio navigation systems are among the features planned to ensure inclusivity. Dubai’s dedication to creating an accessible urban environment underscores its role as a global model for inclusivity in city planning.

The project is anticipated to boost the emirate’s economic appeal by increasing footfall in commercial areas and attracting investment in retail and hospitality sectors. Walkable cities are widely regarded as more economically vibrant, with studies indicating that pedestrian-friendly infrastructure positively impacts local businesses and tourism. By aligning economic growth with sustainable urban practices, Dubai reinforces its position as a leading global city.

Authorities have emphasized the importance of public participation in the success of this initiative, encouraging residents to provide feedback on proposed pathways and suggest areas for development. Community engagement is seen as vital to ensuring the project’s relevance and effectiveness, fostering a sense of ownership and pride among Dubai’s diverse population.

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Autonomous vehicles are making strides in Abu Dhabi as driverless taxis, also known as robotaxis, operate on specific routes in the capital. The initiative, a collaboration between WeRide, a pioneering autonomous vehicle company, and ride-hailing platform Uber, has been launched on routes connecting Yas Island, Saadiyat Island, and Sheikh Zayed International Airport. Currently available for select bookings under UberX or Uber Comfort, this service represents a significant step in the UAE’s smart mobility aspirations.

WeRide, which holds the UAE’s first national license for self-driving vehicles, is integrating its autonomous fleet with Uber to expand accessibility. These vehicles, initially bookable via the TXAI app, are expected to feature on the Uber platform by year-end. Although pricing details remain under wraps, Uber has confirmed that qualifying ride requests may prompt users with the option to select a WeRide vehicle.

By K Raveendran OPEC+ has recalibrated its production strategy, extending voluntary output adjustments to stabilize oil markets in the face of uncertain global demand and geopolitical pressures. The alliance’s decision to prolong cuts until the first quarter of 2025 aims to counterbalance potential oversupply and demand fluctuations, particularly linked to Donald Trump’s policies and China’s […]

Professional-Quality Camera System and Advanced Features Redefine the Mobile Photography Experience, arriving in Singapore on 6 December 2024 SINGAPORE – Media OutReach Newswire – 6 December 2024 – SHARP, the renowned leader in consumer technology, will officially launch its latest flagship smartphone, AQUOS R9 pro, tomorrow (6 December 2024). With professional-grade camera capabilities, immersive visuals, and robust performance, this new release is a dream come true for […]

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Hong Kong Tourism Poised for Growth; Cruise Business Fuels Economic Recovery HONG KONG SAR – Media OutReach Newswire – 7 December 2024 – Royal Caribbean International, the world’s leading and Hong Kong’s longest-standing homeporting cruise line, is set to double its Hong Kong homeport sailings next year with an extended season of 10 roundtrip sailings. The Quantum Ultra Class Spectrum of the Seas and sister ship Ovation […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 December 2024 – Artificial intelligence is transforming trading, delivering unprecedented power in data analysis, pattern recognition, and decision-making. However, around 40% of traders hesitate to fully trust AI-driven decisions as they fear losing control over critical trading outcomes. Kar Yong Ang, financial markets analyst at Octa Broker, explores how traders can harness the power of AI while maintaining […]

The new Long Bar at Raffles at Galaxy Macau, 8½ Otto e Mezzo BOMBANA, Feng Wei Ju, and The Macallan Whisky Bar & Lounge have been recognized as best in class by a raft of industry-leading awards MACAU SAR – Media OutReach Newswire – 6 December 2024 – Galaxy Macau™, the world-class luxury integrated resorts (referred to as “Galaxy Macau”), is proud to announce that its dining […]

HAIKOU, CHINA – Media OutReach Newswire – 6 December 2024 – From Dec. 2 to 6, the 29th Asian Seed Congress was held in Sanya, Hainan, bringing together over 1,500 participants from 52 countries and regions. It provided a comprehensive platform for seed industry enterprises worldwide to present new varieties and explore opportunities for trade cooperation. According to the Asia and Pacific Seed Association (APSA), the region […]

Dnata Logistics has launched a $27 million facility in Dubai South to strengthen its supply chain services in the region. This development aligns with the growing demand for advanced logistics and supply chain solutions in the UAE, particularly in the aviation and cargo sectors. The facility, spanning 20,000 square meters, is equipped with cutting-edge technology, including automated storage and retrieval systems and advanced temperature-controlled zones, catering to diverse industries such as pharmaceuticals, perishables, and e-commerce.

The new hub integrates dnata’s commitment to innovation, efficiency, and sustainability. It features solar panels and energy-efficient designs, reinforcing the company’s environmental objectives. Strategically located near Al Maktoum International Airport, the facility enhances the company’s operational capabilities, facilitating seamless import, export, and transit cargo handling. Guillaume Crozier, Senior Vice President of UAE Cargo at dnata, highlighted that the facility represents a significant step in delivering value-added solutions to customers and partners, emphasizing digital transformation and sustainability.

This expansion comes as part of dnata’s broader efforts to bolster the UAE’s position as a global logistics hub. The company’s collaboration with Dubai South aims to enhance efficiency and connectivity within the logistics corridor, integrating its systems with Dubai South’s smart gate mechanisms to streamline cargo processing. The partnership is expected to provide faster turnaround times, reduced costs, and increased transparency for stakeholders.

Dubai South, known for its extensive free zones and logistics infrastructure, continues to attract investments that align with the UAE’s ambitions of becoming a global leader in logistics and trade. Mohsen Ahmad, CEO of Dubai South Logistics Zone, emphasized that such initiatives enable the development of a robust, technology-driven ecosystem catering to the needs of global trade.

HANOI, VIETNAM – Media OutReach Newswire – 7 December 2024 – The VinFuture Foundation has honored four scientific breakthroughs in 2024. The US$3 million Grand Prize is awarded to “transformational contributions to the advancement of deep learning.” Three VinFuture Special Prizes are awarded to “innovative improvement of oral cholera vaccination in developing countries,” “advancement in design of polymeric biomaterials and methods for biomedical applications,” and “development of […]

A significant step in global energy cooperation has been marked by a 15-year sales and purchase agreement between ADNOC, Abu Dhabi’s state-owned energy company, and PETRONAS, Malaysia’s national oil and gas corporation. This strategic partnership focuses on liquefied natural gas (LNG) supplies from the Ruwais LNG project, with deliveries slated to commence in 2028. The deal, unveiled during the ADIPEC energy conference in Abu Dhabi, represents ADNOC’s […]

Mubadala Investment Company has entered into an agreement to acquire a minority stake in Zelis, a prominent US-based health technology firm. This deal, valued at approximately $1.7 billion, is poised to enhance the UAE-based investment firm’s health sector portfolio. The strategic move aligns with Mubadala’s long-term goal of expanding its footprint in high-growth markets, especially within health tech, and signals its continued interest in driving international expansion, […]

Donald Trump’s longtime business associate, Thomas Barrack, is capitalizing on deep connections with Gulf states as the family-run Trump Organization benefits from a thriving real estate market. Barrack, who has cultivated ties across the Middle East for decades, has played a pivotal role in linking Trump’s business interests with opportunities in the region, particularly in property development. Trump’s investments, including luxury properties in the United Arab Emirates […]

Mubadala Investment Company, Abu Dhabi’s prominent sovereign wealth fund, is strengthening its focus on the Asia-Pacific region through a strategic partnership with Goldman Sachs Asset Management. This collaboration aims to deploy $1 billion into private credit opportunities across APAC markets, a move that aligns with Mubadala’s strategy to expand its footprint in this fast-evolving economic landscape. The sovereign fund, which manages an estimated $276 billion in assets, […]

The Dubai International Financial Centre (DIFC) has unveiled its ambitious decarbonisation strategy, aiming to achieve Net Zero emissions by 2045. The strategy aligns with the UAE’s national goals to reduce carbon emissions and foster sustainability within the financial sector, emphasizing the critical role of financial institutions in shaping a low-carbon future. As part of its roadmap, DIFC is prioritizing sustainability through various initiatives, including increasing energy efficiency, […]

Uber Technologies has officially rolled out autonomous ride-hailing services in Abu Dhabi in collaboration with WeRide, a leading autonomous vehicle technology firm. This strategic partnership marks a significant step forward in integrating autonomous mobility solutions within the region, leveraging WeRide’s advanced autonomous vehicle systems on Uber’s platform. WeRide, recognized for operating the largest autonomous fleet in the UAE through its TXAI app, secured national authorization in 2023 […]

Mubadala Investment Company, Abu Dhabi’s state-owned investment fund, is making strides in integrating artificial intelligence into its decision-making processes. The firm has announced plans to include an AI-powered system as a member of its investment committee by 2025. This development is part of Mubadala’s broader strategy to enhance its global investments with cutting-edge technologies and innovation. Khaldoon Al Mubarak, CEO of Mubadala, emphasized the company’s commitment to […]

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