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K Raveendran While the Dubai real estate market is undoubtedly hot, experts are predicting a possible slowdown in 2024. This could lead to price moderation and selective buying are expected, although the scope for a  significant market corrections is seen  unlikely. Dubai’s real estate market has been on a tear in recent years, fuelled by a surge in foreign investment, strong economic growth, and government reforms. However, […]

Overall attacks attempts climb (+20%), as threat actors diversify tactics – increase in attacks around the globe Ransomware intensifies through the year (+27% in 2H) peaking during the summer months (+37%) Total cryptojacking volume – spikes +659% globally IoT exploit (+15%) and encrypted threats (+117%) also on the rise SonicWall discovered 293,989 ‘never-before-seen’ malware variants – 805 a day SINGAPORE – Media OutReach Newswire – 22 February […]

Efforts towards realizing wireless charging for electric vehicles (EVs) are making significant strides, bringing this technology closer to implementation. In recent breakthroughs, researchers and engineers have overcome technical challenges, paving the way for a practical wireless charging solution for electric vehicles. The developments hold promise for a convenient and efficient charging experience for EV owners. The technology, which eliminates the need for physical connections between the charging […]

Brussels, Belgium – News Direct – 22 February 2024 – The International Aerospace Quality Group® (IAQG) announced today the publication of the first International Aerospace (IA) standard, IA9137™: Guidance for the Application of AQAP 2110 within a 9100 Quality Management System. SAE International®, the organization’s partner in developing international standards, has released IA9137 globally. This standard provides guidance intended to help an organization understand the relationship between […]

In a strategic move to address the global nursing shortage, Singapore has rolled out a lucrative incentive program for its healthcare workforce. The initiative aims to retain experienced nurses by offering retention bonuses of up to SGD$100,000. This bold step underscores the nation’s commitment to bolstering its healthcare system amid increasing demands and challenges. Singapore, recognized for its world-class healthcare infrastructure, acknowledges the crucial role nurses play […]

The OnePlus Nord N30 5G is OnePlus’ latest entry level 5G device with modern elegance design, excellent audio-visual quality, and fast & smooth experience. DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 21 February 2024 – Global technology company OnePlus today officially launched its latest smartphone, the OnePlus Nord N30 SE 5G – it’s latest smartphone is an entry level 5G, bolder and younger upgrade from […]

Communities in the UAE are actively collaborating to combat the escalating garbage crisis. Local initiatives aim to foster responsible waste management, encouraging citizens to participate in sustainable practices. As waste accumulates, citizens and authorities unite for a cleaner environment. The growing garbage predicament necessitates immediate attention. Various neighborhoods witness an upsurge in waste production, straining existing disposal systems. Local municipalities confront the challenge of efficiently managing the […]

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Google has recently disclosed a series of open artificial intelligence (AI) models, a strategic move following Meta’s developments in the tech landscape. The release encompasses various AI models, designed to foster collaboration and innovation in the broader tech community. The decision to open up these AI models comes in the wake of Meta’s initiatives, reflecting the industry’s ongoing shift towards increased transparency and accessibility in AI research […]

Saudi Arabia is currently exploring the establishment of a regulatory framework for follow-on share offerings (FSOs). Authorities are deliberating the implementation of guidelines that would govern the process of companies issuing additional shares after an initial public offering (IPO). The move comes as part of the country’s ongoing efforts to enhance and streamline its financial market operations. The potential regulatory framework aims to provide a structured and […]

SINGAPORE – Media OutReach Newswire – 21 February 2024 – From February 2nd to February 16th, UXLINK, a Web3 social infrastructure with a unique “Real World Social” and “group” model, launched a two-week joint campaign with OKX Web3 wallet, and it was reported that in the two weeks since the campaign went live, more than 230,000 OKX Web3 wallet addresses have been created and linked to UXLINK. […]

UAE’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, recently graced the graduation ceremony at Rashid Bin Saeed Al Maktoum Naval College. The event, held in line with UAE’s commitment to excellence in maritime education, witnessed the conferral of degrees to the graduating cadets. The distinguished ceremony, a testament to the nation’s dedication to fostering skilled naval professionals, unfolded at the naval college’s state-of-the-art facility. […]

TAMIL NADU, INDIA – Media OutReach Newswire – 21 February 2024 – VinFast Auto announced that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February 25, 2024. This move represents a significant step towards a strategic partnership between VinFast and the State Government aimed at advancing the development of green transportation in India and in the region. […]

Akasa Air has successfully inaugurated its inaugural international flights departing from Doha. The airline, headquartered in India, has expanded its operations to include international routes, marking a significant milestone in its growth strategy. The maiden international flight, which departed from Hamad International Airport in Doha, signifies Akasa Air’s entrance into the global aviation market. The airline, known for its commitment to providing affordable and reliable air travel, […]

Crypto industry leaders intensify opposition against Warren’s anti-crime proposal. As the debate over Senator Elizabeth Warren’s anti-crime bill escalates, the cryptocurrency industry is heightening its efforts to challenge the proposed legislation. The bill, aimed at combating financial crimes, has drawn criticism from various quarters within the crypto sector. Warren’s bill, which seeks to enhance regulatory measures to tackle illicit financial activities, has triggered concerns among cryptocurrency advocates. […]

Cryptocurrency enthusiasts are eagerly eyeing potential breakouts in 2024, with Celestia and Scapesmania emerging as frontrunners. Investors are closely monitoring these digital assets for a promising surge in the coming months. Celestia, a blockchain-based currency, has demonstrated steady growth, attracting attention with its innovative features. Market analysts anticipate a substantial rise, citing the platform’s robust infrastructure and strategic partnerships. As global interest in decentralized finance expands, Celestia […]

HONG KONG SAR – Media OutReach Newswire – 21 February 2024 – 2023 Annual Results – Financial Highlights (Figures for the corresponding period in 2022 are shown in brackets) Consolidated revenue: HK$ 822 million (HK$ 561 million) Consolidated operating loss: HK$ 89 million (HK$ 215 million) Consolidated net loss attributable to equity holders of the Company: HK$ 466 million (HK$ 598 million) Basic loss per share: 22.89 […]

Emirates NBD, a prominent banking institution, has solidified its position as the Premium Banking Partner for the upcoming Dubai FinTech Summit. The collaboration aims to foster innovation and financial technology advancements within the United Arab Emirates (UAE). This strategic partnership comes as both the banking and fintech sectors in the UAE continue to witness dynamic transformations. Emirates NBD’s involvement in the summit signifies a commitment to driving […]

Dubai, UAE – Strengthening international financial ties, the Dubai Financial Services Authority (DFSA) has entered into a Memorandum of Understanding (MoU) with the Central Bank of Mauritius. The move aims to enhance regulatory cooperation and foster a more robust financial framework between the two entities. Under the MoU, both regulatory bodies commit to facilitating the exchange of information and expertise to ensure the stability and integrity of […]

Leading financial experts at the Riyadh Forum conveyed a sense of genuine excitement among global investors regarding the Saudi capital market. The consensus emerged during discussions at the forum, indicating a positive outlook and heightened interest in investment opportunities within Saudi Arabia. The forum, a prominent gathering of financial minds, featured insightful dialogues on the economic landscape. Experts highlighted the increasing appeal of the Saudi capital market, […]

Paris, February 21, 2024 – Dr. Sultan Al Jaber, the President of COP28, emphasized the need for unparalleled efforts from governments, businesses, and industries worldwide to actualize the groundbreaking UAE Consensus. The consensus, a set of measures established at COP28, aims to restrict the global temperature rise below 1.5°C.Speaking at the International Energy Agency (IEA) headquarters in Read the full story on 1arabia.com

Riyadh: Alat, a pioneering company spearheading global industry transformation, has unveiled four major partnerships with renowned technology giants Softbank Group, Carrier Corporation, Dahua Technology, and Tahakom. As a subsidiary of the Public Investment Fund (PIF), Alat is set to propel Saudi Arabia into a world-class manufacturing hub by fostering sustainable practices, aiding partner Read the full story on 1arabia.com

King Saud University (KSU) in Riyadh has secured a place in the Guinness World Records as the largest dental hospital globally, spanning an expansive 37,165 square meters. This accomplishment underscores the university’s dedication to healthcare services, medical education, training initiatives, and scientific research, aligning with the objectives outlined in Saudi Vision 2030.KSU’s medical city Read the full story on 1arabia.com

Dubai– The Middle East and North Africa (MENA) region have asserted their presence in the global retail scene, with Saudi Arabia making a significant leap in the latest Global Retail Development Index (GRDI) released by Kearney. The bi-yearly survey, evaluating promising retail markets worldwide, places the MENA region in the spotlight for its remarkable retail resilience, underscoring Saudi Read the full story on 1arabia.com

Hong Kong exhibition in Causeway Bay the first international sales event for Laguna Lakelands since the USD2bn project was announced on February 1st, 2024 HONG KONG SAR – Media OutReach Newswire – 20 February 2024 – A landmark new eco-friendly residential community in Phuket aimed at the international community who are looking for second homes or primary residences on the Thai island has now launched international sales, […]

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