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Reliance Industries, a prominent player in India’s energy sector, is gearing up for a significant expansion in its renewable energy portfolio. This strategic move aligns with global shifts towards sustainability and positions the company as a leading force in the green energy transition. The company’s chairman, Mukesh Ambani, has outlined ambitious plans to boost Reliance’s renewable energy capacity. This involves investing heavily in solar and wind energy […]

The construction industry in the Middle East and North Africa (MENA) is demonstrating remarkable growth, outpacing global trends in several key metrics. The sector’s resilience and strategic investments have fueled this unprecedented performance, setting the MENA region apart from other global markets. Recent data indicates that the MENA construction sector is expanding at an accelerated pace compared to other regions. The growth is driven by a combination […]

Profitability Continuously Improving ; Distributes Interim Dividend for the First Time HONG KONG SAR – Media OutReach Newswire – 7 August 2024 – The world’s largest telecommunications infrastructure service provider China Tower Corporation Limited (“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its interim results for the six months ended 30 June 2024. Performance Highlights RMB Million 1H 2024 1H 2023 Change Operating […]

SINGAPORE – Media OutReach Newswire – 7 August 2024 – As Singapore commemorates another year of independence, PropertyGuru, a homegrown property technology company, proudly unveils the “A Sense of Home” campaign, a heartfelt tribute to our nation’s vibrant neighbourhoods and inspiring residents. PropertyGuru’s Scents of Singapore Home is more than just a physical space; it’s about the people, the community, and the memories that shape us. This […]

Cogo and Saascada have announced a strategic partnership aimed at reducing the carbon footprint of the financial industry. The collaboration will integrate Cogo’s carbon footprint management technology with Saascada’s digital banking platform, enabling banks and financial institutions to offer customers a way to track and manage the environmental impact of their financial activities. Cogo, a company specializing in carbon footprint management, helps individuals and businesses measure, understand, […]

Forbes International Tower, a 55-story commercial building located in Egypt’s New Administrative Capital, has officially registered as the world’s first zero-carbon certified tower. This landmark achievement is a collaboration between Forbes and Magnom Properties, reflecting a significant advancement in sustainable urban development. The project was unveiled at the World Economic Forum’s annual meeting in Davos, where Forbes CEO Mike Federle and Magnom Properties’ Chairman Abdulaziz Al Turki […]

Mashreq Bank, in collaboration with JLL, has embarked on a significant environmental initiative, aiming to secure LEED Zero Carbon certification for its global headquarters. This ambitious project marks a pivotal step in Mashreq’s sustainability strategy, reflecting a broader trend among financial institutions to adopt stringent environmental standards. The initiative represents a commitment to eliminating carbon emissions from the bank’s operations, aligning with the global push for more […]

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KPMG Pulse of Fintech – H1’24 Singapore’s fintech deal count rose by 19 percent to 117 deals in H1’24, but total deal volume fell 34 percent to US$522.89 million in H1’24 amid economic uncertainties. Investment in cryptocurrency and blockchain in Singapore surged 22 percent to US$211.90 million across 72 deals. Global payments accounted for the largest proportion of fintech investment in H1’24, attracting US$21.4 billion. Global regtech […]

Guided by the strategic vision of Mohamed bin Zayed, the UAE is witnessing significant advancements in its vital economic sectors. The nation is diversifying its economy beyond oil dependence, focusing on sustainable growth and innovation. The UAE’s leadership is implementing forward-thinking policies to bolster key sectors such as finance, technology, and renewable energy. This approach is aimed at creating a resilient economy that can withstand global economic […]

In a surprising turn, Warren Buffett’s Berkshire Hathaway has dramatically reduced its stake in Apple, shedding 55.8% of its holdings in the tech giant over the first half of 2024. While some might interpret this as a signal to abandon ship, I believe it’s precisely the moment for investors to double down on Apple’s potential. Buffett, a stalwart of value investing, is known for his preference to […]

Empower, the leading global provider of district cooling services, has announced a notable 10.3% increase in revenue for the first half of 2024. This growth highlights the company’s strong performance amid expanding demand for sustainable cooling solutions. The revenue surge is attributed to several key factors, including a rise in new contracts and increased efficiency in service delivery. Empower’s strategic focus on expanding its district cooling network […]

By Nitya Chakraborty India is faced with an unprecedented political turmoil in Bangladesh after the formidable prime minister for the last fifteen years – Sheikh Hasina Wazed– was forced by the army generals and members of her own security team to leave the country within just 45 minutes. She is now in Delhi, waiting for […]

Development will be Vantage’s largest APAC campus to date and support digital growth in Malaysian market DENVER, USA and SINGAPORE – Media OutReach Newswire – 6 August 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has broken ground on its second Cyberjaya campus (KUL2) in Malaysia. Set on 35 acres of land adjacent to Vantage’s existing campus (KUL1), […]

HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Crown Worldwide Group Hong Kong has been honored with the prestigious Master Insight ESG Achievement Awards 2024 in the category of ‘Green Environmental Protection’ for the second consecutive year. The award ceremony took place at the Hong Kong Exchange on July 29. Crown Worldwide Group Hong Kong has won Green Environmental Protection Award at the […]

ROSHN, the property developer backed by the Public Investment Fund (PIF), has announced the launch of sales for the fourth phase of its flagship residential project, SEDRA, in Riyadh. This new phase marks a significant expansion in the developer’s ongoing efforts to address the rising demand for high-quality housing in the Saudi capital. The fourth phase of SEDRA is set to feature a variety of housing options, […]

Sharjah Sustainable City, a pioneering eco-friendly residential community, continues its growth with the launch of its final phase during the ACRES 2023 real estate exhibition. This landmark project, developed by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Diamond Developers, represents a significant step toward sustainable urban living in the UAE. Spread over 7.2 million square feet in Sharjah’s Al Rahmaniya area, the city offers […]

Older adults are increasingly taking the lead in the fight against climate change, using their time, experience, and resources to make a significant impact. Despite the physical vulnerabilities they face due to climate change, such as increased susceptibility to heat-related illnesses and difficulty evacuating during disasters, they are proving to be valuable assets in environmental activism. This demographic, often overlooked in climate activism, brings a wealth of […]

SINGAPORE – Media OutReach Newswire – 1 August 2024 – PMCE, a solar company in Singapore, announces its latest initiative aimed at empowering small businesses with sustainable energy through solar panel solutions. PMCE Solar Panels in Singapore Supplying Solar Panels to Small Businesses Aside from residential landed properties, Singapore has several buildings with roofs that are comparable in size to residential houses but do not have solar […]

93.2% claims settlement ratio reflects strong customer trust in the insurer HONG KONG SAR – Media OutReach Newswire – 1 August 2024 – MSIG Insurance (Hong Kong) Limited (“MSIG”) today published its fifth annual MSIG Claims Report which presents the total claims honoured in Hong Kong and Macau during the year as well as the insurer’s latest initiatives. In 2023, MSIG’s claims settlement ratio reached 93.2% – […]

Striving to Promote Citybus’ New Energy Transportation Business Development and Achieve Business Diversification Aiming to Create Better Returns for Shareholders HONG KONG SAR – EQS Newswire – 1 August 2024 – Hans Energy Company Limited (“Hans Energy” or the “Company“) and its subsidiaries (the “Group“) (stock code: 554.HK), the leading operator in the energy industry, is pleased to announce that, regarding the acquisition of 54.44% of equity […]

As governments and organizations push to quantify the financial impact of climate change, many face a significant challenge: the unpredictability of temperature fluctuations and human behavior. This uncertainty complicates efforts to project the economic consequences of a warming planet and raises questions about the accuracy of current estimates. Climate change models rely heavily on assumptions about future greenhouse gas emissions, temperature increases, and socioeconomic factors. However, fluctuations […]

Masdar and TotalEnergies are embarking on a groundbreaking initiative to convert green hydrogen into sustainable aviation fuel (SAF) in Abu Dhabi. This innovative project represents a significant step in advancing clean energy technologies and aims to transform the aviation industry’s approach to sustainability. The partnership marks a pivotal development in the energy sector, leveraging cutting-edge technologies to produce SAF from green hydrogen. This method not only reduces […]

By Nitya Chakraborty The New Popular Front (NFP) has taken a major step towards forming a coalition government in France after the partners agreed to name independent socialist Lucie Castets as the Prime Minister candidate for forming the new government after the July 7 general elections led to a hung national assembly. The NFP leadership […]

Methane levels in the atmosphere have seen a significant rise since the early 2020s, with researchers pointing to La Niña events and warming wetlands as key contributors. According to a comprehensive study, these natural phenomena have amplified methane emissions, posing a greater challenge in combating climate change. Methane, a potent greenhouse gas, has more than doubled in concentration since pre-industrial times. Recent studies highlight that the spike […]

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