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LEAP 2024, the world’s most-attended tech event, is gearing up to gather industry leaders, tech enthusiasts, and aspiring entrepreneurs for its four-day extravaganza. With over 1,800 leading tech companies, 600+ startups, and 1,100+ renowned speakers on board, LEAP promises an unparalleled experience for attendees seeking to explore the latest advancements, forge valuable connections, and gain insights into the future of technology. Learning and Inspiration: LEAP serves as […]

FRANKFURT, GERMANY – EQS Newswire – 5 March 2024 – Shareholder Value Beteiligungen AG (ISIN: DE000A168205) and SMT Scharf AG (ISIN: DE000A3DRAE2) announced on 1 March 2024 that some of the shareholders, including Shareholder Value Beteiligungen AG, will transfer their stake in the amount of approx. 52.66% of the share capital of SMT Scharf AG to Yankuang Energy Group Company Limited with its registered office in Shandong […]

  The United Arab Emirates’ (UAE)  announcement to host a pre-COP29 Climate Finance Meeting has stirred mixed reactions. The move comes on the heels of a successful COP28 in Dubai, which saw a landmark agreement signaling the “beginning of the end” for the fossil fuel era.  The urgency surrounding climate finance is undeniable. Developed nations have consistently fallen short of their $100 billion annual commitment to support […]

Qatar’s significant expansion of its liquefied natural gas (LNG) production capacity is sending ripples through the global energy sector, potentially accelerating the decline of coal, particularly in Asia. The world’s largest LNG producer, Qatar, announced plans to increase its LNG production capacity by 60% by 2027, adding 126 million tonnes per annum (mtpa) to its current output of 77 mtpa. This substantial increase is expected to have […]

Arabian Post Special The recent announcement by Qatar to significantly ramp up its Liquefied Natural Gas (LNG) production capacity has sent shockwaves through the global energy market. This ambitious plan, targeting a massive 142 million tonnes per year by 2030, has the potential to reshape the landscape for coal, particularly for a country like India, where coal remains the backbone of power generation. The impact of Qatar’s […]

KAOHSIUNG, TAIWAN – Media OutReach Newswire – 4 March 2024 – Headed by Deputy Mayor Lo Ta-sheng, the Kaohsiung delegation to KUMAMOTO Industrial Revitalization EXPO 2024 and for a fact-finding tour of Kyushu has wound up a hugely rewarding journey. Over the course of the two-day expo, the Kaohsiung Pavilion hosted 830 international visitors, talked with 50 potential buyers, and garnered orders estimated at US$1,140,000. Above all, […]

Arabian Post Special The reported decision by OPEC+, the alliance of oil-producing countries led by Saudi Arabia and Russia, to extend production cuts until the end of the second quarter, while seemingly straightforward, carries significant implications for both producers and consumers, and its long-term impact remains to be seen. The decision serves to bolster oil prices by limiting supply at a time of growing global demand. The […]

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The Confederation of Indian Industry (CII) President, Sanjiv Bajaj, expressed confidence that non-oil trade between India and the United Arab Emirates (UAE) could reach $100 billion by 2030. He described the target as ambitious but achievable, highlighting significant business opportunities in various sectors like textiles, jewelry, and pharmaceuticals. The current trade volume between the two nations stands at around $45 billion, with oil exports from the UAE […]

MUSCAT, OMAN – Media OutReach Newswire – 28 February 2024 – VinFast Auto (Nasdaq: VFS) officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market. This event signifies not only VinFast’s initial operation in the Middle East region but also a significant step in the VinFast’s global expansion. VinFast Chairwoman Ms. Le Thi Thu Thuy […]

KAOHSIUNG, TAIWAN – Media OutReach Newswire – 29 February 2024 – As head of a delegation comprising officials and local businesses to KUMAMOTO Industrial Revitalization EXPO 2024, Deputy Mayor of Kaohsiung Lo Ta-sheng officiated the opening of the Kaohsiung Pavilion and signed an MOU on innovative startups with the Japanese city. On top of attesting to the friendship between the two cities and expanding bilateral exchanges, Kaohsiung’s […]

Saudi Aramco, the world’s largest oil producer, announced on Friday the successful completion of its acquisition of a 100% stake in Esmax Distribución, a leading Chilean fuels and lubricants retailer. This move marks Aramco’s first foray into the downstream retail market in South America, signaling its ambitions for regional expansion and diversification. Esmax boasts a well-established network across Chile, encompassing retail fuel stations, airport operations, fuel distribution […]

A revamped approach to carbon credits is gaining traction, aiming to address concerns about effectiveness and fairness while offering potential benefits for a wider range of stakeholders. This new framework, still under development, focuses on creating “enhanced carbon credits” that go beyond simply offsetting emissions. These credits would not only represent verified emission reductions, but also demonstrate additional positive environmental and social impacts. Proponents argue that this […]

Dubai-based Arabian Adventures Meetings, Incentives & Events (AAMIE), has won the prestigious SITE Crystal Award for Excellence in Incentive Travel, Africa and the Middle East for the fourth time.  The specialist events division of Arabian Adventures, the UAE’s leading destination management company (DMC), part of the Emirates Group, has been recognised for designing and delivering an exceptional, multi-city event in the UAE for top-performing employees of a France-based renewable energy company, in association […]

ZHANGJIAKOU, CHINA – Media OutReach Newswire – 1 March 2024 – As one of the host cities of the 2022 Beijing Winter Olympics, Zhangjiakou has drawn the world’s attention as numerous winter sports athletes delivered outstanding performances in the Zhangjiakou competition zone. Zhangjiakou City, located in the northwest of north China’s Hebei Province, lies in between the Inner Mongolian Plateau and the North China Plain. It is […]

The Abu Dhabi National Oil Company (Adnoc) emerged as the top investor in low-carbon solutions among national oil companies in 2023, according to a report by Energy Intelligence. This achievement comes despite a significant decline in low-carbon spending across the global oil and gas sector last year. While many energy companies prioritized profitability and meeting the rising demand for fossil fuels, Adnoc, responsible for almost all of […]

The APC Back-UPS Pro Gaming keeps gamers protected, connected and in the game, protecting gaming gear against harmful power irregularities HONG KONG SAR – Media OutReach Newswire – 1 March 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, introduces the APC Back-UPS Pro Gaming, its first uninterruptible power supply (UPS) designed specifically for gamers. Received the prestigious iF Design award, […]

The Abu Dhabi National Oil Company (Adnoc) announced the successful completion of its acquisition of a 24.9% stake in OMV AG, a global energy and chemicals company headquartered in Vienna, Austria. The acquisition, finalized on February 29, 2024, was purchased from Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates. This strategic move aligns with Adnoc’s ambitions to expand its footprint in the […]

A recent study by Visa paints a clear picture of the modern UAE traveler: digitally savvy, adventurous, and increasingly mindful of the environment. The research, conducted among UAE residents who traveled internationally for leisure in the past year, reveals a generation eager to explore while embracing sustainable practices. The report highlights a strong preference for relaxation, with nearly 58% of respondents prioritizing unwinding on their trips. Visiting […]

New C-suite leadership appointments to supercharge growth as a global hospitality company SINGAPORE – Media OutReach Newswire – 29 February 2024 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), announced a 28% year-on-year increase in fee-related earnings (FRE) to S$331 million, up from S$258 million in FY 2022. The announcement was made during CLI’s Full Year 2023 Financial Results which […]

Ovolo Hotels signs strategic brand alliance with Small Luxury Hotels of the World LONDON, UK – Media OutReach Newswire – 28 February 2024 – In a landmark partnership poised to elevate Ovolo Hotels’ brand across the Asia-Pacific region and beyond, the designer hotel collection proudly announces a strategic brand alliance with Small Luxury Hotels of the World (SLH), encompassing its iconic boutique designer hotels across Hong Kong, […]

HKSTP heads to LEAP 2024 to fuel the Saudi and Middle East tech boom and spark collaboration between fast-rising global innovation forces amidst new phase of Belt and Road Initiative HONG KONG SAR – Media OutReach Newswire – 28 February 2024 – Two innovation and technology flagships in Hong Kong, the Hong Kong Science and Technology Parks Corporation (HKSTP) and the Hong Kong Cyberport, are collaborating to […]

MITCHAM, AUSTRALIA – EQS Newswire – 28 February 2024 – Community Renewables program is a crucial initiative for creating a sustainable future. To better implement this plan, Mitcham City Council partnered with Shinehub, the largest solar energy installer in the area, to organize the community renewable energy roadshow, “Mitcham Solar Bulk Buy.” The first event concluded successfully on February 26. Hinen (www.Hinen.com), a leader in residential energy […]

HANOI, VIETNAM – Media OutReach Newswire – 27 February 2024 – Vinhomes, Vietnam’s leading real estate developer, unveiled its groundbreaking vision for Ocean City, a 1,200-hectare mega-complex envisioned as a “Wellness City” designed to revolutionize urban living. Marking a first in the healing industry, the unique wellness ecosystem within Ocean City prioritizes residents’ physical, mental, and emotional well-being alongside residential spaces, luxury amenities, and connectivity. Fueled by […]

Canada’s energy capital with dynamic business landscape and diversified talent pool for innovation and growth HONG KONG SAR – Media OutReach Newswire – 27 February 2024 – Invest Alberta Corporation (Invest Alberta) introduces its investment attraction program for Hong Kong and Mainland China investors and businesses. With a focus on agriculture & food processing, energy, petrochemicals, and technology innovations such as clean tech, the program provides tailored […]

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