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Emirates Group records AED 4.1 billion half-year profit // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Cloudflare unveils Zero Wire vulnerability intelligence service // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Emaar approves Development buyout ahead of planned delisting // Meraas showcases five residential zones at Dubai Design Week // TVM –Mangaluru Vande Bharat claims top spot // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Dubai details five-year visa benefits for returning visitors // Oil and chip shares retreat after Democratic victories // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // OpenAI identifies 948 Linux privilege escalation flaws using AI // APT29-linked campaign exploits outdated Apple and Android software // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Millions Of Indians May Soon Be Deprived Of Government Assistance // Hong Kong mandates crypto transaction disclosures to tax authorities //

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HONG KONG SAR – Media OutReach Newswire – 30 December 2024 – AS Watson Group and Al-Futtaim Group jointly announce the opening of Watsons’ new flagship store at City Centre Bahrain Mall, signifying the Watsons’ entry into a new market alongside the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA) and Qatar. This also marks the third store opening in three months in Bahrain, strengthening its […]

design festival successfully concludes Continuing to condense creative forces in the coming year HONG KONG SAR – Media OutReach Newswire – 30 December 2024 – Since 2014, deTour, presented by PMQ and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK), has become Hong Kong’s annual design festival, gathering numerous local and international design talents to showcase their creativity […]

HONG KONG SAR – Media OutReach Newswire – 30 December 2024 – Snooker superstars Ronnie O’Sullivan and Judd Trump are among the latest high-profile talents to become Hong Kong residents under the city’s Quality Migrant Admission Scheme (QMAS), which facilitates top quality professionals from various fields to live and work in Hong Kong. Seven-time world champion Ronnie O’Sullivan in action at the 2024 Hong Kong Snooker All-Star […]

SINGAPORE – Media OutReach Newswire – 28 December 2024 – The inaugural Yuewen Music Festival kicked off on Day 1, showcasing a mesmerizing array of performances that ignited Siloso Beach, Sentosa. DJ Tech’1 opened the event, energizing the crowd with a dynamic DJ performance that set the vibrant tone for the evening. His innovative mixes had everyone on their feet. Following him, Olivia Marsh dazzled the audience […]

By Anjan Roy Thirty-three years are half a lifetime. Thirty-three years ago, Dr Manmohan Singh stepped into a high-profile limelight, well after his formal retirement from a senior government job. When he died last Friday at the age of 92, he was considered India’s greatest finance minister and the architect of India’s modern economy. There […]

Despite the Gulf Cooperation Council (GCC) countries’ plans to implement a 15% corporate tax on large multinational enterprises (MNEs) by January 1, 2025, foreign direct investment (FDI) in the region continues to surge. This tax aligns with the Organisation for Economic Co-operation and Development’s (OECD) global minimum tax framework, aiming to ensure that MNEs pay a minimum effective tax rate on profits in every country where they […]

HANOI, VIETNAM – Media OutReach Newswire – 27 December 2024 – Driven by the vision of widespread electrification, VinFast is dedicated to making electric vehicles accessible to everyone. To achieve this, the company is actively building a robust green ecosystem across Asia while simultaneously enhancing its sustainable manufacturing processes to meet the surging and undeniable demand for electric mobility. Asia’s booming industries and growing population have made […]

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 December 2024 – As the year draws to a close, traders are turning their attention to the Santa Claus rally, a period known for delivering consistent market gains. Kar Yong Ang, a financial market analyst at Octa Broker, explores the rally’s history, key factors, and strategies that enable traders to capitalise on this annual phenomenon. Understanding the Santa […]

ACCRA, GHANA – Media OutReach Newswire – 24 December 2024 – 1win, in partnership with Adjah Cancer Support Ghana, sends Christmas donations to over 200 cancer patients and their families in Accra, Ghana. Through the initiative, the global iGaming brand 1win has donated food hampers and comforting Christmas gifts to support families battling cancer. Joselyn Dumas with Patients at Christmas Gift-giving Event By 1win Christmas gift-giving by […]

MOSCOW, RUSSIA – Media OutReach Newswire – 24 December 2024 – Wildberries, a leading e-commerce platform in Eurasia, will increase its warehouse capacity by more than twofold in 2025 to support its dynamic growth. The Company is currently finalizing the construction of warehouse complexes with a total area of more than 2.3 million square meters (equivalent to over 320 football fields) in its regions of operation. Most […]

By Nantoo Banerjee It will be unfair to expect much from the new Reserve Bank governor, Sanjay Malhotra, a career bureaucrat and former revenue secretary, in terms of delivery of key functions of a central bank chief such as controlling inflation, stabilizing domestic currency, foreign exchange control and lifting economic growth. If three of his […]

Saudi Arabia is ramping up its digital transformation within the transportation sector, unveiling a series of strategic initiatives aimed at improving mobility, boosting efficiency, and fostering economic growth. As the Kingdom continues its push to modernize under Vision 2030, these efforts reflect a growing focus on technology-driven solutions that are expected to reshape the way people and goods move across the country.

The government’s latest plans involve deploying cutting-edge technologies such as artificial intelligence (AI), Internet of Things (IoT), and smart mobility solutions across various transportation systems. A key component of this digital overhaul is the integration of data analytics to optimize traffic management, enhance logistics services, and provide a seamless experience for commuters. These efforts are designed not only to address current challenges but also to position Saudi Arabia as a leader in global transportation innovation.

One of the most ambitious projects is the introduction of autonomous vehicles within the Kingdom. Saudi Arabia has already begun trials of driverless cars, with the aim of incorporating them into public transport networks in major cities like Riyadh and Jeddah. This initiative is part of a broader effort to reduce road congestion and carbon emissions while improving safety and convenience for travelers.

The digitalization of the transport sector is also closely tied to Saudi Arabia’s efforts to expand its rail network. The Haramain High-Speed Railway, which connects Mecca and Medina, is a prime example of how digital systems are enhancing the efficiency of rail travel. With the integration of AI-powered systems, the railway’s operations are becoming more streamlined, with real-time data helping to manage train schedules, predict maintenance needs, and ensure the safety of passengers.

The Kingdom is investing heavily in the development of smart airports. King Khalid International Airport in Riyadh and King Abdulaziz International Airport in Jeddah are set to undergo major digital upgrades that will introduce biometric screening, automated check-ins, and enhanced baggage tracking. These advancements aim to make air travel more efficient and secure, aligning with global trends in aviation technology.

As part of the Vision 2030 initiative, Saudi Arabia is also enhancing its maritime transport sector. Digital tools are being implemented in port management to increase efficiency in cargo handling and reduce turnaround times for ships. The adoption of blockchain technology for logistics and supply chain management is also being explored, ensuring that Saudi Arabia’s ports remain competitive on the global stage.

The private sector is playing an integral role in these transformations, with a number of tech firms collaborating with the government to develop smart transportation solutions. For instance, partnerships with international companies are bringing advanced AI technologies and IoT systems to help manage urban mobility. These collaborations are not only helping to fast-track the digitalization process but also positioning Saudi Arabia as an attractive hub for global tech investors.

The government has also launched several initiatives to promote the development of digital skills among the Saudi workforce. A growing emphasis on tech education and training programs is expected to ensure that local talent is equipped to drive the digital revolution in transportation. This focus on education and workforce development is seen as crucial to the long-term sustainability of these innovations.

While the initiatives have been met with optimism, there are challenges that Saudi Arabia will need to address to fully realize the potential of its digital transformation. Cybersecurity concerns, the need for significant infrastructure investment, and the management of large-scale data systems will be key areas to monitor as the projects progress. Moreover, ensuring equitable access to these technologies, particularly in rural areas, will be an important consideration to avoid creating digital divides.

Internationally, Saudi Arabia’s digital transport initiatives are receiving attention as a model for other nations aiming to modernize their transportation systems. The Kingdom’s strategic location as a global logistics hub is further underscored by these projects, as they are expected to strengthen its position in the broader global supply chain network. As such, these developments not only serve local needs but also contribute to Saudi Arabia’s ambitions to diversify its economy and reduce its dependency on oil revenues.

UPPER PRINCE Triumphs as Best Connectivity Condo Development in Asia HONG KONG SAR – Media OutReach Newswire – 20 December 2024 – LOFTER GROUP (“LOFTER” or “the Group”), a Hong Kong-based property developer, is thrilled to announce its recognition at the recently concluded 2024 PropertyGuru Asia Property Awards. The Group has been honored with the Best Boutique Developer (Hong Kong and Macau), while “UPPER PRINCE”, the new […]

Arabian Post Staff -Dubai The United Arab Emirates (UAE) generates between AED 10 and 11 billion annually through indirect taxes, constituting a substantial portion of the federal budget, which totals approximately AED 65 billion. Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, highlighted the pivotal role of these tax revenues in bolstering economic growth and strengthening the federal government’s financial position. Indirect taxes in the […]

By Dr. Soma Marla The Union Ministry of Agriculture recently circulated a new draft for a policy framework concerning agricultural marketing. Faiz Ahmed Kidwai, additional secretary in the ministry, proposed the draft to revamp the existing framework. According to the government, the proposed universal tax on agricultural produce will increase farmers’ incomes. The committee has […]

Two senior directors from Tencent have stepped down from their positions on Epic Games’ board of directors following concerns raised by the U.S. Department of Justice regarding the relationship between the two companies. This move signals escalating scrutiny of the tech giant’s investments and its potential influence over prominent gaming firms in the United States. Tencent, a Chinese multinational conglomerate with substantial investments in a range of […]

HONG KONG SAR – Media OutReach Newswire – 20 December 2024 – AIM Vaccine (06660.HK) has added good news to the research and development of its heavyweight single product. According to the announcement on December 19, the clinical trial approval for the Group’s suspension culture quadrivalent influenza vaccine (MDCK cells) with new technological route and second generation of highly-effective absorbed tetanus vaccine have been recently obtained from […]

BANGKOK, THAILAND – Media OutReach Newswire – 20 December 2024 – DBP has once again been recognized as a trailblazer in sustainability with the conferment of two prestigious accolades at the ACES Awards 2024: the Outstanding Leaders in Asia Award and the Green Initiative Award. These honors recognize DBP’s enduring commitment to environmental stewardship, responsible economic growth, and social inclusion—principles that have guided the institution since its […]

HONG KONG SAR – Media OutReach Newswire – 18 December 2024 – Outback Steakhouse 25th Anniversary Grand Finale is unveiled! From now until January 31, 2025, customers will be entitled to “A Journey of Flavors” lucky draw entry for every HK$250 net spending at Outback. For every HK$500 spent, you will be entitled to two lucky draw entries, and so on. There is no upper limit on […]

JAKARTA, INDONESIA – Media OutReach Newswire – 18 December 2024 – PT Xanh SM Green And Smart Mobility has officially launched its electric taxi service, Xanh SM, in Indonesia. Indonesia is the third Southeast Asian country to welcome Xanh SM, following Vietnam and Laos. This milestone solidifies the company’s role as a trailblazer in bringing innovative green mobility solutions to the world under its “Go Green Global” […]

Homegrown tech companies sprawling influence and scouting international opportunities while offering a glimpse into the next steps of Global Booster HONG KONG SAR – Media OutReach Newswire – 18 December 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP), in serial to the Innovation Mixer initiative and in parallel to the preparation of the second cohort of the Global Booster Programme: United States 2025, is set […]

China has implemented an export ban on essential high-tech goods, marking a significant shift in the global semiconductor industry. The move, which targets critical technologies such as advanced chips, comes as a direct response to the United States’ increasing restrictions on Chinese access to semiconductor technology. This escalating tension between the two countries is threatening to disrupt an already fragile global supply chain, where China plays a […]

SoftBank Group has unveiled an ambitious $100 billion investment plan aimed at expanding artificial intelligence infrastructure in the United States. The announcement, led by CEO Masayoshi Son, positions the Japanese telecom and technology giant as a major player in shaping the future of AI development. The investment, which will span the next four years, underscores SoftBank’s commitment to leveraging AI technology for both economic and technological growth […]

The United Arab Emirates has unveiled a pioneering system enabling tourists to obtain Value Added Tax (VAT) refunds on e-commerce purchases made during their stay. This initiative, launched by the Federal Tax Authority (FTA) in collaboration with Planet, the authorized operator of the VAT refund scheme, aims to enhance the UAE’s appeal as a premier destination for both tourism and online shopping. Under this new system, tourists […]

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