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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 June 2024 – In 2024, Malaysia and China will celebrate the 50th Golden Jubilee of diplomatic relations. Since the establishment of diplomatic relations between Malaysia and China, Malaysia-China relations have been maintaining a good momentum of development, and strategic mutual trust has been deepening. In the high-quality cooperation of jointly building the “Belt and Road”, the two countries […]

Japanese steel giants Nippon Steel and Sumitomo Corporation have secured a significant order from QatarEnergy for high-alloy seamless pipes. These pipes will be a crucial component in Qatar’s ambitious carbon capture and storage (CCS) project, marking a major step towards the country’s clean energy goals. The project, spearheaded by QatarEnergy, involves constructing a “blue” ammonia manufacturing plant in the Mesaieed Industrial Zone, a key industrial hub in […]

TAIPEI, TAIWAN – Media OutReach Newswire – 14 June 2024 – Sunfun Info Co. (Stock Code: 5278) announced on the 7th that its board of directors has resolved to initiate a significant plan mirroring global AI technology leader Nvidia (NASDAQ: NVDA) by implementing a 10-for-1 stock split. The original face value per share is NT$10, with a total of 22,248,586 issued shares. After the split, the face […]

The United Arab Emirates (UAE) is poised to become a major player in the global hydrogen industry with the announcement of a new $272 million hydrogen equipment manufacturing complex. The project, a collaboration between Abu Dhabi’s Department of Economic Development (ADDED) and Dubai-based Broaden Energy, signifies a significant step forward for the UAE’s National Hydrogen Strategy, which aims to position the country as a top 10 producer […]

Saudi Arabia’s Public Investment Fund (PIF) is highlighting its efforts to strike a balance between pursuing profitable investments and safeguarding the environment. The sovereign wealth fund, a key driver of the country’s economic diversification plans, is showcasing initiatives across various sectors that promote sustainable practices and environmental responsibility. This focus on environmental stewardship comes amid a global biodiversity crisis. The UN reports that human activities, often unsustainable, […]

Canadian asset manager Brookfield Asset Management is aiming to raise $5 billion for a climate-focused fund that will target emerging markets. The fund, called the Catalytic Transition Fund (CTF), was first announced in December 2023 at the COP28 climate conference in Dubai. The initiative is backed by the United Arab Emirates (UAE) through its $30 billion climate fund, Alterra. Alterra has committed $1 billion to the CTF, […]

Emirates, the flag carrier of the United Arab Emirates, has taken a significant step towards greener skies by launching flights powered by Sustainable Aviation Fuel (SAF) from Singapore’s Changi Airport. This initiative marks the airline’s first foray into SAF adoption within Asia, a region with immense potential for becoming a leading supplier of this eco-friendly fuel alternative. The move comes as part of a strategic fuel agreement […]

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Samsung Electronics MENA and the United Nations Development Programme (UNDP) crowned the winners of the ACT28 AI for Climate Hackathon at a special ceremony during the UAE’s AI Retreat 2024. The hackathon, launched in May 2024, aimed to leverage the power of technology to address climate challenges in the region. Three standout projects impressed the judges with their innovative use of artificial intelligence (AI) and other advanced […]

HONG KONG SAR – Media OutReach Newswire – 13 June 2024 – Hong Kong’s 10 most-active architecture firms, contractors and property developers were awarded the BCI Asia’s Top 10 Awards at the annual BCI Asia Awards ceremony held on 7th June 2024, at Hong Kong Ocean Park Marriott Hotel. Top left: Guests of Honour at BCI Asia Awards ceremony, Top Right: BCI ASIA TOP 10 DEVELOPERS 2024, […]

The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, is highlighting its efforts to strike a balance between economic development and environmental protection. This comes amid growing global concern over biodiversity loss, with the UN pinpointing unsustainable human practices as a major threat. The PIF’s strategy emphasizes eco-friendly and luxurious tourism projects, alongside responsible mining practices. This two-pronged approach aims to generate revenue for […]

Cementing Global Government and Industry Partnership, Securing Green Fund to Propel Thai Cement Industry Towards Net Zero Future BANGKOK, THAILAND – Media OutReach Newswire – 13 June 2024 – Global Cement and Concrete Association (GCCA) in collaboration with Thai Cement Manufacturers Association (TCMA) successfully hosted “GCCA CEO Gathering and Leader Conference 2024”, the first cement and concrete industry summit in Thailand. This conference marks a significant milestone […]

Golf is more than just a sport; it’s a passion, a challenge, and a lifestyle. For beginners and seasoned players alike, the right equipment can make all the difference. Quality golf gear not only enhances performance but also adds to the enjoyment of the game. In this post, we’ll explore the essential golf equipment every enthusiast needs, from clubs to accessories, and offer tips on choosing the […]

The specter of a price tag on carbon emissions is looming large over the United States. While the exact form and timeline remain under debate, a growing consensus acknowledges that carbon pricing will play a significant role in curbing the nation’s greenhouse gas output. This shift reflects both domestic and international pressures. The urgency of addressing climate change has become undeniable, with extreme weather events and rising […]

Emirates Global Aluminium (EGA), a titan of UAE industry outside the oil and gas sector, has taken a significant step towards its sustainability goals. The company announced that its recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely through its first-ever green loan facility. Financial details of the acquisition remain undisclosed, but the innovative use of green financing underscores EGA’s commitment to environmental responsibility. Leichtmetall’s […]

Emirates Global Aluminium (EGA), the United Arab Emirates’ industrial titan beyond the oil and gas sector, has taken a significant stride towards environmental responsibility. The company unveiled its Green Finance Framework, a comprehensive strategy designed to support initiatives and projects that propel the transition to a low-carbon economy. This announcement coincides with the revelation that EGA’s recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely […]

The vast, white expanse of Antarctica, a crucial component of the global climate system, is demonstrably losing ice mass at an alarming rate, according to a multitude of scientific studies. This stands in stark contrast to recent claims suggesting otherwise. A popular video, disseminated by an organization with a history of questioning climate science, downplayed the significance of ice loss in Antarctica. The video misleadingly suggested that […]

The concentration of carbon dioxide (CO2) in Earth’s atmosphere has reached an alarming new high, according to data collected by scientists at the National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography. Measurements taken in May 2024 revealed a seasonal peak of nearly 427 parts per million (ppm), which translates to a 3 parts per million increase compared to May 2023. This marks one of […]

HONG KONG SAR – Media OutReach Newswire – 12 June 2024 – Wealth Management Expo 2024, an annual event presented by the Bank of China (Hong Kong) (“BOCHK”) and organized by Metro Finance FM104, was successfully held on 8 June at the Four Seasons Hotel Hong Kong in Central. Honoured by the presence of several prominent figures from the political and business sectors to officiate at the […]

Saudi Arabia’s capital, Riyadh, is embarking on a new era of urban development centered around sustainability. The Riyadh Infrastructure Projects Center (RIPC), recently entrusted with the task of overseeing infrastructure projects, has issued its first license. This marks a significant step towards a more streamlined and ecologically conscious approach to infrastructure expansion in the region. The inaugural license pertains to utility connection excavations, with a validity period […]

A recent global climate survey has revealed a significant shift in Saudi Arabia, with a surging awareness of global warming and a growing demand for urgent action. The survey, conducted by Veolia in partnership with Elabe, found that an overwhelming 86% of Saudi residents now believe climate change is a real threat, a sharp increase from 59% just two years ago. This heightened awareness is likely due […]

M A Hossain As the European Union (EU) navigates through a turbulent political landscape, Ursula von der Leyen, the incumbent President of the European Commission, is fervently working to secure a second term. This pursuit is particularly challenging given the recent EU parliamentary elections, where her party, the European People’s Party (EPP), emerged as the leading group but faces significant opposition from a surging far-right. Von der […]

By Saifur Rahman Property developers in the UAE and the GCC countries have raised US$4.3 billion (Dh15.48 billion) utilising debt market instruments such as bonds and Islamic sukuks to fund existing and future real estate projects, according to latest announcements. These include the successful closure of the latest US$400 million (Dh1.46 billion) sukuk issuance by Arada Developments LLC, a Sharjah-based developer of mixed-use communities, that was oversubscribed […]

HONG KONG SAR – Media OutReach Newswire – 11 June 2024 – Leading UK residential developer London Square, renowned for creating some of the most striking new homes in London, unveiled an exciting showcase of current and future new developments at Rosewood Hong Kong last week. Nearly 200 people attended the prestigious exhibition Nearly 200 people attended the prestigious exhibition – the first time Rosewood Hong Kong […]

A recent global study has unearthed a growing trend of environmental awareness among Saudi Arabian consumers. The research, which surveyed a representative sample of Saudi residents, found that a significant 64% of respondents expressed concern about environmental issues, pollution, and food waste. This statistic highlights a potential shift in consumer behavior within the Kingdom, with a growing focus on sustainability. The study delved deeper into the motivations […]

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