Arabian Post Staff -Dubai Masdar, a clean energy company from the United Arab Emirates, has emerged as a contender in the race to acquire Saeta Yield, the Spanish renewables unit of Brookfield, a Canadian asset manager. The news comes from a report published by Spanish newspaper Cinco Dias on Friday, citing unnamed financial sources. According to the report, Saeta Yield is estimated to be valued at €1. […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The escalating global climate crisis and frequent extreme weather events demand urgent action. Hong Kong must play a significant role in addressing climate change, as highlighted by last year’s heavy rainstorm. The World Green Organisation’s (WGO) “ESG Xchange 2024: ESG for Climate Actions International Summit” will focus on ESG standards, carbon neutrality, and sustainability. The […]
Arabian Post Staff -Dubai Singapore’s DBS Bank and Dubai-based Mashreq Bank have announced a collaboration to revolutionize cross-border payments for Mashreq’s retail customers. This partnership will enable near-instant, same-day international money transfers to select markets across Asia Pacific, Europe, and the Americas. The initiative leverages DBS’s established cross-border payment solution, DBS Globesend. This platform facilitates cost-effective and transparent international transactions in up to 132 currencies across 190 […]
UAE insurers are refusing to compensate some motorists for flood-damaged vehicles following record-breaking rainfall in April. The insurers argue that these drivers disregarded safety precautions by driving through flooded roadways, constituting negligent behavior. The unprecedented downpour on April 16 caused widespread flooding across Dubai, Sharjah, Ajman, and other emirates, damaging an estimated 50, 000 vehicles. Many motorists filed insurance claims, but some are now facing rejection. The […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – As artificial intelligence (AI) becomes increasingly prevalent, students who possess creative thinking and problem-solving abilities can sustain their competitiveness in an era of rapid change. CoolThink@JC, an initiative created and funded by The Hong Kong Jockey Club Charities Trust, aims to foster digital creativity in young learners, motivating them from an early age to use […]
MACAU SAR – Media OutReach Newswire – 28 June 2024 – As a significant extension of Galaxy Macau™ Integrated Resort (“Galaxy Macau”) in art and culture, GalaxyArt continues to explore and introduce both local and international arts’ representative works, presenting high-quality art exhibitions to tap into their interplay role as “Tourism plus Culture”. Organized by Galaxy Entertainment Group (GEG), the new exhibition, “Eggspression – An Immersive Art […]
The MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang 2024 at a Glance: 7 one MICHELIN Star (2 new, 1 promoted from MICHELIN Selected) 1 MICHELIN Green Star (new) 58 Bib Gourmand (28 new, 1 moved from MICHELIN Selected) 99 MICHELIN Selected (40 new) HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 28 June 2024 – During the MICHELIN Guide Ceremony 2024 […]
Introducing Belle Femme, Singapore’s newest skincare brand committed to sustainability. SINGAPORE – Media OutReach Newswire – 28 June 2024 – Belle Femme is excited to announce its much-anticipated online debut in Singapore’s vibrant beauty and personal care market. This new digital presence marks a significant milestone for the home-grown brand, allowing it to reach a wider audience and offer its exquisite range of skincare products to consumers […]
BANGKOK, THAILAND – Media OutReach Newswire – 28 June 2024 – ONYX Hospitality Group proudly announces its latest triumph, securing the prestigious “Outstanding Hotel Chain Partner 2024.” This global recognition comes from Trip.com Group, an eminent one-stop travel service provider operating in 39 countries and regions, with a presence in 24 languages and transactions in 35 local currencies. The esteemed award highlights ONYX Hospitality Group’s unwavering commitment […]
Poker legend Daniel Negreanu has finally silenced his doubters, capturing his long-awaited seventh World Series of Poker (WSOP) bracelet. The victory came at the prestigious $50, 000 buy-in Players Championship held at the Horseshoe Events Center in Las Vegas. Negreanu’s triumph marks the end of a dry spell that stretched back to 2013. Prior to this win, his last WSOP victory in Las Vegas occurred in 2008. […]
Amid student protests over alleged irregularities in the medical entrance exam NEET (National Eligibility cum Entrance Test) and other competitive exams, the opposition INDIA bloc raised the issue in both houses of Parliament today. The Opposition tried to corner the government even though the day is dedicated to a discussion on the Motion of Thanks […]
Arabian Post Staff -Dubai For decades, Abu Dhabi National Oil Company (Adnoc) embodied the image of a traditional state-controlled oil producer, content to focus on its vast reserves. However, that perception is undergoing a dramatic transformation. Armed with a $150 billion war chest, Adnoc is rapidly emerging as a major player in the global energy market, actively pursuing strategic acquisitions. This week, Adnoc sent shockwaves through the […]
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 […]
British investors are being presented with an attractive opportunity in the burgeoning Saudi sports market, which is anticipated to reach a valuation of $22 billion by 2030. This invitation came during the UK-Saudi Sports Investment and Innovation Forum held in London, where a representative from the Saudi Ministry of Investment highlighted the vast potential of the Kingdom’s sports sector. The Saudi Arabian government is actively pursuing diversification […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The Chinese University of Hong Kong (CUHK) is thrilled to welcome rising star Beatrice Valerina Djayasaputra to its prestigious Global Economics and Finance (GLEFN) programme. This determined Indonesian scholar is already making waves with her impressive achievements and inspiring insights. Beatrice graduated at the top of her class from the renowned SMAK 1 BPK Penabur […]
The United Arab Emirates (UAE) is set to become a major player in the Horn of Africa, leveraging its economic strength and geographical proximity to establish a foothold in the strategically important region. Analysts point to the UAE’s growing investments in logistics, maritime trade, and security partnerships as indicators of its ambitions. The Horn of Africa, encompassing countries like Ethiopia, Somalia, and Djibouti, sits at the crossroads […]
Saudi Arabia is taking a significant leap towards its renewable energy goals with the signing of Power Purchase Agreements (PPAs) for three colossal solar photovoltaic (PV) projects. ACWA Power, a leading developer and operator of power plants, joined forces with Badeel, a subsidiary of the Public Investment Fund (PIF), and SAPCO, a subsidiary of Saudi Aramco, to ink these landmark deals with the Saudi Power Procurement Company […]
The Turkish Parliament (TBMM) has enacted a new law establishing a stricter regulatory framework for cryptocurrency assets. The legislation aims to combat illegal activities within the crypto space while providing a more controlled environment for investors. A key provision of the bill targets unauthorized crypto service providers. Individuals and legal entities operating without the requisite authorization face imprisonment ranging from 3 to 5 years. This stipulation seeks […]
HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – This MSME Day, Tradewind Finance, a global trade finance provider, is celebrating the thousands of SME customers it has served over the years with reliable capital to grow and thrive. Dubbed the “backbone” of economies, micro, small and medium-sized enterprises (MSMEs) make up 90% of businesses globally and account for over 70% of jobs worldwide, […]
The Central Bank of the United Arab Emirates (CBUAE) has announced the implementation of a groundbreaking Open Finance Regulation. This framework aims to solidify the foundation for secure and efficient open finance services, fostering innovation and propelling the UAE to the forefront of the financial technology (FinTech) landscape. Unveiled on April 15, 2024, the regulation outlines a comprehensive approach to governing the licensing, supervision, and operation of […]
Saudi Arabia’s drive for renewable energy has been significantly bolstered by a monumental agreement signed this week. ACWA Power, a prominent energy developer, joined forces with Badeel, a subsidiary of the Public Investment Fund (PIF), and SAPCO, the energy arm of Saudi Aramco, to sign Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC). This collaboration marks a significant stride in the kingdom’s ambitious goal […]
The National Transportation Safety Board (NTSB) has expressed strong disapproval of Boeing’s recent disclosures regarding a panel blowout incident on an Alaska Airlines 737 MAX flight. The incident, which occurred in February 2023, involved a loss of cabin pressurization caused by a panel detachment near the tail of the aircraft. While no injuries were reported and the pilots were able to land safely, the seriousness of the […]
