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Liv, the UAE’s first digital bank launched by Emirates NBD, has signed a Memorandum of Understanding (MoU) with Ctrl Alt, a provider of alternative asset solutions for businesses. This collaboration aims to explore the potential of tokenization for real-world assets. Tokenization is a process that transforms ownership rights into digital tokens, creating a tradable representation of the underlying asset on a blockchain ledger. This move by Liv […]

Global digital asset funds witnessed a net outflow of $251 million this week, according to data compiled by CoinShares. This stands in stark contrast to the substantial inflows observed in Hong Kong’s new exchange-traded funds (ETFs) that track prominent digital assets such as Bitcoin and Ether. The outflows signal a cautious approach among some investors in the digital asset market, while the inflows into Hong Kong’s ETFs […]

TOKYO, JAPAN – Media OutReach Newswire – 7 May 2024 – Alps System Integration Co., Ltd. (ALSI), Japan’s leading web-filtering service company, today announced the global release of its proprietary threat-intelligence data via the InterSafe Threat Intelligence Platform. ALSI provides proprietary categorized URL databases. This is used by Japan’s major mobile carriers, the Japanese government, and Japan’s top corporations. Furthermore, hundreds of our partners include leading security […]

Key Takeaways: Enhances Operational Resilience: EDT integrates technologies like AI and cloud computing, boosting efficiency and ensuring continuous operations. Improves Risk Management: Leveraging data analytics and real-time data helps businesses manage risks and make informed decisions. Fosters Innovation and Engagement: EDT drives innovation and enhances customer interactions through advanced digital tools and automation.   What does it take for a business to adapt and excel in an […]

The 13th edition of the Annual Investment Meeting (AIM) Congress kicked off today in Abu Dhabi, United Arab Emirates, bringing together over 900 speakers from 170 countries. The three-day event, held under the theme “Adapting to a Shifting Investment Landscape:Harnessing New Potentials for Global Economic Development, ” aims to navigate the evolving global investment environment and foster new opportunities for international collaboration. This year’s AIM Congress is […]

Hut 8, a major North American Bitcoin mining company, witnessed a significant decline in Bitcoin production in April. The company produced 148 Bitcoin last month, reflecting a steep 36% drop compared to March. This news comes amidst a broader slowdown in Bitcoin mining across the industry, though the impact appears to be less severe for Hut 8’s competitors. Several other publicly traded mining companies, including Bitfarms, Cipher, […]

South Korea recently updated its Donation Act for the first time in nearly two decades, aiming to modernize the charitable giving landscape. However, the revisions excluded cryptocurrencies as a permissible donation method, a surprising move considering the country’s booming crypto industry and high adoption rate. The legislation, enacted in 2006, predated the rise of cryptocurrencies and digital payment methods. The revision reflects an effort to streamline the […]

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The 2024 Dubai FinTech Summit has underscored the United Arab Emirates’ (UAE) position as a frontrunner in fostering financial and technological advancements across all sectors, according to Jihad Faitrouni, CEO of Unlimited Insurance Services (UIS). Faitrouni’s remarks came during a statement to the Emirates News Agency (WAM) on the sidelines of the summit, which concluded on May 7th, 2024. The event, held under the patronage of His […]

Over 70% of the affluent individuals surveyed express a greater interest in home ownership and anticipate a rise in housing prices in the next 12 months HONG KONG SAR – Media OutReach Newswire – 6 May 2024 – Hong Kong conducted a survey in April 2024 on residential property ownership in Hong Kong in response to the Hong Kong Government’s withdrawal of all property cooling measures in […]

Cryptocurrency platform Crypto.com is celebrating a landmark achievement, surpassing 100 million users globally. This impressive feat marks a doubling of their user base since May 2022, solidifying Crypto.com’s position as a major player in the ever-evolving cryptocurrency landscape. The company attributes this surge in popularity to a combination of strategic marketing campaigns and a focus on regulatory compliance. Crypto.com has actively pursued high-profile partnerships, including securing the […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 May 2024 – Shopee Malaysia launches the On-Time Guarantee program today, empowering buyers with the assurance of prompt order fulfilment by all Shopee Supported Logistics. Shopee reinforces their commitment to this promise with a RM5 voucher for all deliveries that exceed the estimated delivery date provided. This gives all Shopee app users nationwide the assurance that they can […]

Al Maryah Community Bank (Mbank), a leading digital bank in the United Arab Emirates, has joined forces with the Khalifa Fund for Enterprise Development to launch a new Corporate Banking Platform. This collaboration aims to streamline financial operations and empower businesses of all sizes in the UAE. The announcement comes after the two organizations signed a Memorandum of Understanding (MoU) earlier in June 2023. The Corporate Banking […]

SMEs can achieve higher ROI by maximizing all of Google’s products SINGAPORE – Media OutReach Newswire – 6 May 2024 – Ice Cube Marketing, a performance-based digital marketing agency, is pleased to announce its elevation to Google Premier Partner status, an accolade conferred upon only the top 3% of agencies in the country. This achievement underscores the agency’s dedication to best practices and its proven success in […]

At the Sharjah Animation Conference (SAC), veteran Japanese animator Junichi Hayama delivered a message that resonated deeply with aspiring manga and anime artists:hone your craft with love and embrace challenges. Hayama, renowned for his work on iconic projects like “JoJo’s Bizarre Adventure:Phantom Blood” and “Sakigake!!Otokojuku, ” emphasized the importance of a strong foundation in traditional hand-drawn techniques before diving into the digital realm. “Digital tools offer a […]

Despite the ever-growing presence of digital media, physical libraries and their treasured collections continue to hold a special place in the hearts of people worldwide, according to a panel of experts attending the 15th Sharjah Children’s Reading Festival (SCRF). The panelists, all distinguished figures in the world of literature and literacy, emphasized the enduring power of libraries to foster emotional connections with readers of all ages. One […]

Whispers of Wikipedia’s demise due to the rise of large language models like ChatGPT have permeated the corners of the internet. However, experts suggest these anxieties are unfounded, with both platforms likely to coexist and carve distinct niches in the ever-evolving realm of information access. While ChatGPT excels at crafting creative text formats and answering open ended questions in a conversational style, its factual accuracy remains a […]

The Sharjah Award for Creative Disabled People has opened its doors for applications,inviting individuals with disabilities across the MENA region to showcase their artistic talents.This prestigious award honors and celebrates the creative endeavors of people with disabilities, fostering a platform for them to gain recognition and validation in the cultural landscape. Established in 2010 by the Sharjah City for Humanitarian Services,the Sharjah Award acknowledges artistic excellence in […]

Indonesia, the world’s largest island nation,is revving its engines for a bioethanol revolution. The government has set its sights on harnessing the power of plants – specifically corn,sugarcane,and even seaweed – to produce a cleaner-burning alternative to fossil fuels. This ambitious plan is being spearheaded by Luhut Pandjaitan,Coordinating Minister for Maritime Affairs and Investment. Pandjaitan sees bioethanol as a critical weapon in the fight against air pollution, […]

Leaders from Brazil and Japan recently joined forces in a vital environmental pledge.On Friday,Brazilian President Luiz Inacio Lula da Silva and Japanese Prime Minister Fumio Kishida signed a comprehensive agreement in Brasilia focused on decarbonization initiatives and,most crucially,the protection of the Amazon rainforest. This collaborative effort comes at a critical time for the Amazon,often referred to as the “lungs of the Earth” due to its vast capacity […]

The Khalifa Industrial Zone Abu Dhabi (KIZAD),a cornerstone of Abu Dhabi’s industrial strategy,has inked a series of agreements that will see it allocate a staggering 5 million square meters of land to bolster its industrial capacity.This significant land allocation signifies KIZAD’s unwavering commitment to attracting and fostering a diverse range of industries within its free zone ecosystem. The agreements encompass various sectors,including chemicals,logistics,food processing,and metals.This strategic move […]

SINGAPORE – Media OutReach Newswire – 3 May 2024 – Local IT solutions provider Entrust Network has recently received two certifications: ISO 27001 and Data Protection Trustmark (DPTM). “We are thrilled to acquire the ISO 27001 and DPTM certifications, and we will continue serving as the trusted IT partner of our clients.” says Jamson Lim, IT Director of Entrust Network. ISO 27001 and Data Protection Trustmark Certifications […]

The Joint Committee for Traffic Safety in Abu Dhabi has embarked on an ambitious initiative – the Vision Zero Strategy Development Project.This project signifies a commitment to creating a transportation system where human error doesn’t translate to fatalities on the roads. The core principle behind Vision Zero acknowledges the limitations of the human body in surviving collisions.The project moves beyond simply reducing accidents; it aims for a […]

Vietnam’s tourism industry is enjoying a stellar year so far,with revenue surpassing $10.7 billion in the first four months of 2024.This impressive figure marks a significant increase compared to the same period in 2023,solidifying Vietnam’s position as a highly sought-after travel destination. The tourism boom can be attributed largely to the easing of travel restrictions.With borders reopening,Vietnam has witnessed a surge in international arrivals.The country’s unique blend […]

Abu Dhabi,United Arab Emirates – May 3,2024 – Khalifa University (KU) has achieved a landmark accomplishment by securing the top position among universities in the United Arab Emirates (UAE) and an impressive 40th place overall in the prestigious Times Higher Education (THE) Asia University Rankings 2024.This remarkable rise signifies KU’s unwavering dedication to academic excellence and its continuous growth as a leading institution for higher education and […]

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