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By Dr. Gyan Pathak INDIA bloc is now firmly against taxing people on their future crises of life and health, protested within and outside the Parliament against imposition of 18 per cent GST on life and health insurance premium, and demanded their immediate removal. Modi government seems to be unwilling to concede to the demand, […]

Affordable and comprehensive coverage with Asia and worldwide options tailored for Hong Kong’s young workforce and retirees HONG KONG SAR – Media OutReach Newswire – 7 August 2024 – Bupa Hong Kong, the leading health insurance specialist, is thrilled to announce the launch of the “Bupa Hero VHIS Plan (Core)” (“Hero Core”) and “Bupa Hero VHIS Plan (Core Pro)” (“Hero Core Pro”), expanding its Bupa Hero VHIS […]

International Holding Company (IHC) has reported a remarkable 46% increase in revenue, reaching AED 41.7 billion. This significant growth highlights the company’s robust performance across various sectors, including real estate, marine and dredging, hospitality, and leisure. IHC’s growth trajectory has been particularly driven by its strong performance in real estate and construction. The company’s real estate arm has experienced substantial expansion, benefiting from a buoyant market and […]

By Sushil Kutty India didn’t know what was cooking in its backyard. Prime Minister Narendra Modi, vaunted vishwaguru – supposedly the only leader with the charisma to talk Russia out of the war with Ukraine – was caught off-guard when a coup forced Bangladesh Prime Minister Sheikh Hasina to take a clandestine flight to India, […]

Cogo and Saascada have announced a strategic partnership aimed at reducing the carbon footprint of the financial industry. The collaboration will integrate Cogo’s carbon footprint management technology with Saascada’s digital banking platform, enabling banks and financial institutions to offer customers a way to track and manage the environmental impact of their financial activities. Cogo, a company specializing in carbon footprint management, helps individuals and businesses measure, understand, […]

Saudi Basic Industries Corp. (SABIC) has announced a significant investment agreement with the Fujian government in China to establish a new engineering thermoplastic compounding facility. This development marks a strategic move to enhance SABIC’s footprint in the Chinese market, aligning with its broader growth objectives. The agreement signifies a robust commitment by SABIC to cater to the increasing demands of its local clientele in China. As part […]

Cathay Pacific has announced a major expansion of its fleet with an order for 30 Airbus A330-900 aircraft. This substantial acquisition underscores the airline’s commitment to modernizing its long-haul fleet and enhancing its operational efficiency. The deal, valued at approximately $9 billion, represents one of the largest single aircraft orders by an airline in recent years. The A330-900, an advanced version of Airbus’s popular A330 model, is […]

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Dubai International Airport (DXB) has set a new record, handling 44.9 million passengers in the first half of 2024. This marks an 8% increase compared to the same period last year, underscoring DXB’s significant role as a global aviation hub. The surge in passenger numbers is closely tied to Dubai’s broader economic growth. Dubai’s GDP reached AED 115 billion in Q1 2024, reflecting a 3.2% year-on-year increase. […]

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 […]

Data Partnership Will Enrich Mobile Audience Media Buying For Advertisers HONG KONG SAR & SAN FRANCISCO, USA – Media OutReach Newswire – 7 August 2024 – AlikeAudience, a company specializing in providing premium mobile-first audience data to brands, announced that it has partnered with leading multi-channel advertising platform StackAdapt. AlikeAudience offers bespoke demographic, interest, and app data, and has more than seven thousand audience segments in the […]

Singapore turns 59! Party it up with unbeatable deals of up to 59% off, and revel in the best of homegrown brands with iShopChang! From exclusive offers and discounts on local brands to sitewide festive steals, it’s time to celebrate big and save big! SINGAPORE – Media OutReach Newswire – 6 August 2024 – From 1 to 31 August 2024, travellers and non-travellers can join in the […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 August 2024 – For Octa, a financial broker with globally recognised licenses, the 13th birthday is an incentive to collate the most valuable pieces of knowledge collected during its long and successful history in the financial markets. In a series of three articles, the experts at Octa offer you 13 recommendations: five general concepts, five practical tips, and […]

Empower, the leading global provider of district cooling services, has announced a notable 10.3% increase in revenue for the first half of 2024. This growth highlights the company’s strong performance amid expanding demand for sustainable cooling solutions. The revenue surge is attributed to several key factors, including a rise in new contracts and increased efficiency in service delivery. Empower’s strategic focus on expanding its district cooling network […]

Development will be Vantage’s largest APAC campus to date and support digital growth in Malaysian market DENVER, USA and SINGAPORE – Media OutReach Newswire – 6 August 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has broken ground on its second Cyberjaya campus (KUL2) in Malaysia. Set on 35 acres of land adjacent to Vantage’s existing campus (KUL1), […]

HANOI, VIETNAM – Media OutReach Newswire – 5 August 2024 – Vingroup, Vietnam’s largest private conglomerate, has firmly established its presence in diverse sectors such as real estate, technology, hospitality, healthcare, and education. However, Vingroup’s success is not solely attributed to ambitious expansion, but is deeply rooted in an unwavering commitment to making the world a better place and to a customer-centric philosophy – a core value […]

ADNOC Drilling and Alpha Dhabi have finalized their acquisition of EV Holdings, marking a significant move in the energy sector. The deal, valued at $45 million, underscores the strategic intent of both companies to expand their portfolio in emerging technologies and diversify their investments. EV Holdings, a key player in the energy transition sector, focuses on innovative technologies related to electric vehicles (EVs) and sustainable energy solutions. […]

SINGAPORE – Media OutReach Newswire – 5 August 2024 – YouBiz, a leading multi-currency corporate card and spend management platform for businesses by YouTrip, today announced the launch of a new Chinese Yuan Renminbi (CNY) remittance corridor. This strategic expansion caters to the increasing demand for efficient and cost-effective cross-border transactions between Singapore and China, as businesses deepen their engagements with the world’s second-largest economy. China is […]

ROSHN, the property developer backed by the Public Investment Fund (PIF), has announced the launch of sales for the fourth phase of its flagship residential project, SEDRA, in Riyadh. This new phase marks a significant expansion in the developer’s ongoing efforts to address the rising demand for high-quality housing in the Saudi capital. The fourth phase of SEDRA is set to feature a variety of housing options, […]

Sharjah Sustainable City, a pioneering eco-friendly residential community, continues its growth with the launch of its final phase during the ACRES 2023 real estate exhibition. This landmark project, developed by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Diamond Developers, represents a significant step toward sustainable urban living in the UAE. Spread over 7.2 million square feet in Sharjah’s Al Rahmaniya area, the city offers […]

By Nantoo Banerjee The sudden and sharpest cut in the import duty on gold and gold doré seems to be quite confusing since even at a 15 percent import duty on gold India’s import of the yellow metal surged nearly 30 percent amounting US$45.54 billion in the last financial year. The gold import in the […]

Neobanks, also known as digital banks, are transforming the banking landscape in the Gulf Cooperation Council (GCC) countries through innovative technology and a customer-centric approach. Unlike traditional banks, neobanks operate entirely online without physical branches, offering services such as savings accounts, payment solutions, and loans through mobile apps and websites. This shift is driven by the demand for more efficient, personalized, and accessible banking services. The rise […]

Saudi Arabia’s municipalities in Hail, Qassim, and Asir have announced 57 new investment opportunities aimed at enhancing economic growth and supporting the private sector. The initiatives span entertainment, sports, commercial, and residential sectors, aligning with the broader Vision 2030 framework. The Saudi Press Agency reports that these opportunities are designed to boost service levels, improve quality of life, and increase municipal revenues. In Hail, a focus on […]

SINGAPORE – Media OutReach Newswire – 1 August 2024 – PMCE, a solar company in Singapore, announces its latest initiative aimed at empowering small businesses with sustainable energy through solar panel solutions. PMCE Solar Panels in Singapore Supplying Solar Panels to Small Businesses Aside from residential landed properties, Singapore has several buildings with roofs that are comparable in size to residential houses but do not have solar […]

The world’s 500 richest individuals experienced a staggering collective loss of $134 billion, driven by mounting fears of a looming recession in the United States. A widespread sell-off in global stock markets was triggered by concerning jobs data and faltering manufacturing activity, casting a shadow over economic stability. Economic indicators have been signaling distress, particularly in the US labor market, where a slowdown in job growth has […]

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