logo

News related to
global

HONG KONG SAR – Media OutReach Newswire – 18 July 2024 – Agilis Robotics, a leader in the development of flexible surgical robotics, announces the successful completion of its cadaver study with their innovative surgical robotic system. The study aimed to assess the robot’s ability to assist urologists in performing en-bloc resection of bladder tumours (ERBT), an emerging minimally invasive procedure that only requires access to the […]

RIYADH, SAUDI ARABIA – EQS Newswire – 17 July 2024 – Envision Energy, recognized as the “Green Giant” among the “2024 TIME100 Most Influential Companies”, has unveiled a strategic joint venture (JV) with Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries. This venture aims to accelerate the wind power growth throughout the Middle East, committing to driving the region’s journey towards a cleaner, more sustainable future. […]

The Saudi Cabinet has given the green light to establish a comprehensive national minerals program, marking a significant step forward in the Kingdom’s efforts to diversify its economy and reduce reliance on oil revenue. This initiative is part of a broader strategy to boost the mining sector and harness the Kingdom’s untapped mineral resources. The newly approved program aims to develop the country’s mineral wealth, which includes […]

Entering an Open Banking Era That Fosters a Customer-Centric Banking Landscape Through the IADS Pilot Program HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – Citi Hong Kong today announced the launch of Wealth 360, a pioneering digital wealth management feature on Citi Mobile® App, through the Interbank Account Data Sharing (IADS) pilot program introduced by the Hong Kong Monetary Authority (HKMA). This first-in-market […]

Dubai South has successfully completed the first-stage trials of self-driving trucks in collaboration with Evocargo, marking a significant step towards autonomous logistics in the UAE. The trials featured Evocargo’s EVO.1, an unmanned electric logistics vehicle, navigating the Logistics District of Dubai South. The initiative is part of Dubai’s broader strategy to become a global hub for smart mobility, integrating advanced technology into its logistics infrastructure. The EVO.1 […]

Arabian Post Staff -Dubai Oman is on the cusp of becoming the first Gulf Cooperation Council (GCC) country to implement a personal income tax, sparking debates about whether other Gulf nations might follow suit. This historic move aims to diversify Oman’s revenue streams, reducing its dependency on oil, and supporting its Vision 2040 plan for sustainable economic growth. The proposal, recently approved by Oman’s Majlis Al-Shura and […]

HONG KONG SAR – Media OutReach Newswire – 17 July 2024 – SOLOWIN HOLDINGS (“SOLOWIN” or the “Company”) (Nasdaq: SWIN), a securities brokerage offering comprehensive financial services to investors worldwide, announced the launch of Solomon VA+, an institutional-grade all-in-one smart trading app through its subsidiary, Solomon JFZ (Asia) Holdings Limited (“Solomon”). Ms. Lily Liu, CFO of Solowin (Left 2), Mr. Yang Zhao, Deputy CEO of Finloop (Left […]

Advertisements

The International Monetary Fund (IMF) has adjusted its economic projections for Saudi Arabia, revising down the expected GDP growth due to significant cuts in oil production. The revision comes as global oil markets continue to face volatility amidst geopolitical tensions and shifting demand dynamics. Saudi Arabia, the world’s largest oil exporter, has been implementing production cuts as part of coordinated efforts by OPEC+ to stabilize oil prices […]

The UK’s new Labour government has rolled out its eagerly anticipated ‘National Renewal’ plans, aiming to redefine the country’s economic and social landscape. Spearheaded by Prime Minister Emily Johnston, the initiative marks a bold departure from previous policies, focusing on revitalizing key sectors and addressing pressing societal challenges. Central to the strategy is a substantial investment in sustainable infrastructure, with a pledge to allocate billions towards renewable […]

The United Arab Emirates (UAE) is set to undergo significant transformations in the coming months, with four key changes poised to reshape various aspects of life in the nation. These developments, slated to take effect within the next half-year, span economic policies, social initiatives, and regulatory reforms. Firstly, a landmark economic reform is on the horizon, aiming to bolster the UAE’s position as a regional hub for […]

1,200 square meters LED screen creates a high-tech, naked-eye 3D stage Asian popular and powerful singers will gather at Galaxy Macau to deliver three consecutive days of the most thrilling live performances MACAU SAR – Media OutReach Newswire – 17 July 2024 – “High Five. Music Drive” – The highly anticipated Tencent Music Entertainment Awards 2024 (hereafter referred to as “TMEA”) is set to debut on July […]

Gold prices surged this week to a record high of $2,465 per troy ounce amid prospects of Federal Reserve interest rate cuts and the potential return of Donald Trump to the US presidency. Savvy investors around the world are clearly feeling it’s time to bolster their exposure to gold. Should you be doing the same? The Power of policy shifts The Federal Reserve’s anticipated interest rate cuts […]

Saudi Arabia’s Public Investment Fund (PIF) has entered into three major agreements aimed at bolstering the Kingdom’s renewable energy component manufacturing sector. These strategic deals are a significant step towards Saudi Arabia’s Vision 2030, which seeks to diversify the economy and reduce its reliance on oil. The first agreement involves the establishment of a large-scale solar panel manufacturing facility. This initiative is set to significantly increase the […]

NEW YORK, US – Media OutReach Newswire – 17 July 2024 – Recently, UP ZOOM announced its expansion into the Thai market, demonstrating its ambitious plans for international growth. Since its inception, UP ZOOM has leveraged cutting-edge technologies such as artificial intelligence, big data, and machine learning to deliver efficient and personalized advertising solutions to clients worldwide. UP ZOOM has made substantial investments in technological research and […]

Dubai Civil Defense (DCD), under the Ministry of Interior, has been honored with the inaugural NFPA Fire & Life Safety Ecosystem Global Influencer Award. This prestigious recognition was bestowed upon the DCD for its exemplary commitment to enhancing fire and life safety standards through innovative practices and cutting-edge technology. The award ceremony, held recently, celebrated the achievements of various global leaders in fire and life safety. Major […]

Public Investment Fund (PIF) has embarked on a groundbreaking initiative to bolster Saudi Arabia’s renewable energy sector through localized manufacturing agreements. The move aims to enhance domestic production capabilities and reduce reliance on imports in the burgeoning green energy market. Under the visionary leadership of PIF, Saudi Arabia has committed to accelerating its renewable energy ambitions. The recent agreements mark a strategic milestone in the kingdom’s journey […]

TANGERANG, INDONESIA – Media OutReach Newswire – 17 July 2024 – In pursuit of its goal to make electric vehicles more accessible in Indonesia, VinFast Auto is offering special promotions for customers who purchase the VF 5 and VF e34 models at the Gaikindo Indonesia International Auto Show (GIIAS) 2024, from July 18 to July 28, 2024. VinFast Indonesia’s Special Promotion Program at GIIAS 2024 Under the […]

Saudi Arabia’s Minister of Economy and Planning, in a strategic move towards fostering sustainable development, has initiated discussions with Qatar, Hungary, and the Solomon Islands. These talks aim to explore collaborative opportunities that leverage each nation’s strengths to achieve mutual economic and environmental goals. The discussions, characterized by a spirit of cooperation and forward-thinking, highlight Saudi Arabia’s commitment to diversifying its economy and promoting sustainable practices globally. […]

Tanzania has implemented a new directive aimed at bolstering its local currency, the Tanzanian Shilling (TZS), by requiring tourists to conduct transactions using the national currency. The move, announced recently by Tanzanian authorities, seeks to reduce reliance on foreign currencies in the tourism sector, which is a significant contributor to the country’s economy. Tourism plays a pivotal role in Tanzania’s economic landscape, attracting millions of visitors annually […]

Arabian Post Staff -Dubai Goldman Sachs is ramping up its investment strategies targeting the Middle East, following similar moves by its competitors. This strategic shift aims to capitalize on the burgeoning opportunities in the Gulf region, which has seen significant economic growth and investment potential in recent years. Goldman Sachs plans to introduce new strategies allowing the firm and its high-net-worth clients to invest in the Gulf’s […]

The recent currency swap agreement between the Central Bank of the UAE (CBUAE) and the National Bank of Egypt (NBE) represents a significant step in strengthening bilateral economic ties. This deal, valued at AED 5 billion and LE 42 billion, aims to facilitate trade and investment by allowing the two nations to exchange their local currencies directly, reducing dependence on the US dollar and mitigating exchange rate […]

The Central Bank of the UAE and the National Bank of Ethiopia have signed a landmark currency swap agreement and two memoranda of understanding (MoUs), aimed at strengthening financial cooperation and boosting economic ties between the two countries. The agreement will facilitate trade and investment by allowing businesses to conduct transactions in their local currencies, reducing reliance on the US dollar and mitigating exchange rate risks. This […]

Rebuilt from the ground up, the outstanding new property pays homage to the original hotel’s rich heritage while setting new benchmarks for service and design that will ripple through Dusit Hotels and Resorts worldwide. Breathtaking Lumpini Park views from every guest room are just one of the highlights. BANGKOK, THAILAND – Media OutReach Newswire – 16 July 2024 – Dusit International, one of Thailand’s leading hotel and […]

China has officially launched its first exchange-traded funds (ETFs) focusing on Saudi equities, marking a significant milestone in the deepening financial ties between the two nations. The ETFs, named the Huatai-Pinebridge CSOP Saudi Arabia ETF QDII and the China Southern CSOP Saudi Arabia ETF QDII, are managed by Huatai-Pinebridge Fund Management and China Southern Asset Management. These funds will mirror the CSOP Saudi Arabia ETF, which was […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
ADIA and partners establish $1.4 billion aviation venture // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Utilities pursue ₹1,992 cr in unpaid bills // ADIPEC leaders urge investment in global energy networks // Assembly ruckus trial begins after 11 years // XRG secures agreement for $1.45bn Australian LNG stake // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // ADIA and partners establish $1.4 billion aviation venture // ADIA and partners establish $1.4 billion aviation venture // SC to examine students’ exam plea today // Anthropic to prohibit persistent abuse of Claude chatbot // Democrats capture Senate majority with seven Republican seats // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Cyberport Venture & Capital Forum 2026 Grand Opening // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // CPI, CPM dispute portrayal of Vayalar uprising leaders // Govt opposes Arlekar’s PSC action //