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According to the latest preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments experienced a notable increase of 6.5% year-over-year, reaching a total of 285.4 million units in the most recent quarter. This growth marks a significant rebound from previous periods of stagnation and reflects an ongoing recovery in the smartphone market. The data highlights a strong resurgence in demand […]

‘BJP Will Work Only For Hindus’ Slogan Gaining Momentum Against Modi’s ‘Sabka Sath’‘BJP Will Work Only For Hindus’ Slogan Gaining Momentum Against Modi’s ‘Sabka Sath’By Arun Srivastava Senior BJP leaders engaging in solecism in Uttar Pradesh and Bengal certainly can not be described as factional feud. Instead it unravels the contagious malaise that afflicts the party, endangering its current level of functioning. It may sound to be baloney, but the party imbibing the Hindutva cause has never been faced […]

New agreement marks major milestone for Zuellig Pharma as it focuses on expanding its consumer healthcare segment, and for Institut AllergoSan as it expands its global presence SINGAPORE – Media OutReach Newswire – 19 July 2024 – Zuellig Pharma, a leading healthcare solutions company in Asia, today announced that it has signed a 10-year commercialisation partnership with Austria-based Institut AllergoSan, a research and development company that specialises […]

OxPay to expand its services by issuing credit cards, enhancing its position in the competitive fintech market. New CEO Yick Li Hsin leads the charge in exploring new markets and business opportunities. Strategic partnerships and collaborations aim to increase merchant acquisition and market presence. SINGAPORE – Media OutReach Newswire – 19 July 2024 – OxPay Financial Limited (SGX: TVV) (“OxPay” or the “Company”, and together with its […]

Third Plenum Of Chinese Communist Party Maintains Status Quo On Economic PoliciesThird Plenum Of Chinese Communist Party Maintains Status Quo On Economic PoliciesBy Anjan Roy China has just concluded its “third plenum” (from 15 to 18 July) which traditionally re-examines and gives fresh directions in the country’s economic policy. The all-powerful Central Committee of the Chinese Communist Party generally holds seven plenums in five years, of which the third is devoted to looking at economic issues and […]

HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – Online Rich, an award-winning cross-border e-commerce entrepreneurship platform, marks its fifth anniversary this year. A key business unit of Good Timing Holding Limited, Online Rich specializes in providing a one-stop service for e-commerce startups, helping them build and expand their global business from scratch. Over the past year, Online Rich has not only conducted multiple […]

This Friday, the cryptocurrency market witnessed a significant rally, diverging sharply from its recent pattern of correlation with U.S. equities, which have continued their downward trajectory. The unexpected surge in digital assets has captured the attention of investors and analysts alike, raising questions about the factors driving this divergence and its implications for future market behavior. Over the past week, U.S. stock markets have experienced a series […]

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DP World and Turkey’s Evyap Group have unveiled a strategic partnership to develop a state-of-the-art logistics hub in Turkey, marking a significant expansion in global logistics capabilities. This ambitious project aims to enhance the efficiency of the supply chain between Europe, the Middle East, and Asia, leveraging Turkey’s strategic geographic location. The new logistics hub will be situated in Istanbul, a critical node in global trade routes. […]

The BrightSparks Scholarship & Higher Education Fair ’24 marks its first physical event since 2018, offering attendees seamless access to admission representatives, scholarship insights, and real-life networking opportunities. Featuring 15 exhibitors such as Changi Airport Group, Crimson Education, Defence Science and Technology Agency, and the National Council of Social Service, attendees can expect insightful seminars and panel discussions from industry leaders across thriving sectors. SINGAPORE – Media […]

TANGERANG, INDONESIA – Media OutReach Newswire – 19 July 2024 – At the Gaikindo Indonesia International Auto Show (GIIAS) 2024, VinFast officially delivered the first VF e34 C-SUVs to pioneering customers in Indonesia, marking a promising new chapter in the nation’s green transportation journey. Thrilled customers receive their VF e34s and experience other VinFast electric car models at GIIAS. The first VF e34 cars were delivered to […]

Investing HK$400 million to Build a 150-member Team and Leading AI and Medical AI Development in Hong Kong HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – iFLYTEK Co., Ltd., renowned in the Asia-Pacific region and a leading listed company specialising in intelligent speech and Artificial Intelligence (AI), along with its subsidiary Xunfei Healthcare Technology Co., Ltd., is establishing an international headquarters at Cyberport […]

HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) hosted the Graduation Party 2024 for its Ideation, Incubation, and Acceleration Programmes today. This year, a total of 641* startup units from 23 economies have successfully completed the Ideation, Incubation, Incu-Bio, and Acceleration programmes. Nearly 70% of the Incubation Programme graduates will continue their entrepreneurial journey at […]

Imposition Of 2 Per Cent Tax On Super Rich Is Imperative For Finding Resources For Jobs GenerationImposition Of 2 Per Cent Tax On Super Rich Is Imperative For Finding Resources For Jobs GenerationBy Nitya Chakraborty Only four days are left for the presentation of the first budget of the Narendra Modi 3.0 government on July 23. The fundamentals of the economy are currently strong, but the distress areas include the huge unemployment problem with the educated youth and the women feeling the intensity of the distress most. […]

Abu Dhabi Commercial Bank (ADCB) has announced a significant increase in its net profit for the second quarter of 2024, exceeding market expectations. The bank reported a 20% rise in its net profit, attributing the growth to strong operating performance and improved economic conditions in the region. The financial institution’s net profit for Q2 2024 reached AED 1.7 billion, compared to AED 1.42 billion in the same […]

The Middle East is witnessing a significant shift towards environmental, social, and governance (ESG) formats in financial issuance. This trend marks a growing alignment with global sustainability standards as issuers in the region increasingly prioritize ESG criteria in their financial strategies. This shift is driven by the rising awareness of the importance of sustainable finance, alongside pressures from international investors and regulatory frameworks pushing for greener and […]

Arabian Post Staff -Dubai A consortium led by EQT and the Abu Dhabi Investment Authority (ADIA) has submitted a bid of $1.6 billion to acquire a prominent Indian biopharmaceutical company. This strategic move highlights the continued interest of global investors in India’s rapidly growing healthcare sector. The consortium, which includes EQT, a leading global investment firm with a focus on active ownership strategies, and ADIA, one of […]

Facing dwindling revenues and declining profitability, bitcoin miners are increasingly turning to alternative sources of income. The downturn in the cryptocurrency market has left many miners grappling with financial difficulties, prompting them to explore new business avenues to offset losses. A growing number of these miners are now investing in and hosting artificial intelligence (AI) computing facilities, a shift that is beginning to bear fruit in their […]

HANOI, VIETNAM – Media OutReach Newswire – 19 July 2024 – In a bold move against the prevailing headwinds in the electric vehicle (EV) industry, VinFast, the young Vietnamese EV manufacturer, is forging ahead with its ambitious global expansion plans. While major players like Apple have recently abandoned their decade-long pursuit of an electric vehicle, and others are scaling back their ambitions, VinFast remains undeterred. Having already […]

Emirates SkyCargo, a leading player in the air freight industry, has finalized a significant deal with Boeing for the purchase of Boeing 777 freighter aircraft totaling $1 billion. This investment marks a strategic move by Emirates to expand its cargo fleet amid growing global demand for air freight services. The decision to acquire these state-of-the-art freighters underscores Emirates SkyCargo’s commitment to enhancing its operational capacity and efficiency. […]

The African Development Bank Group (AfDB) has sanctioned a ZAR 18.85 billion ($1 billion) loan to Transnet, South Africa’s state-owned freight transport and logistics company, to support its recovery and growth initiatives. This 25-year loan, fully backed by the South African government, is a cornerstone of Transnet’s comprehensive five-year capital investment plan, valued at R152.8 billion ($8.1 billion). This plan aims to rejuvenate and expand the nation’s […]

By Krishna Jha In India today, the number of unemployed especially in the working age has gone up to more than forty crore out of the population of one billion. The demon of deprivation stares at every unit of families. With occasional employment, life is barely sustained. The ruling circle never gets tired of claiming […]

Barratt London, a prominent name in the UK’s real estate market, is providing Middle Eastern investors with significant opportunities to invest in properties offering prime access to green spaces in London. Their latest projects are designed to appeal to investors seeking high returns and valuable real estate options in desirable locations. One of the standout developments is Hayes Village, situated on the site of a former Nestlé […]

Bankrupt cryptocurrency lender BlockFi revealed plans on Thursday to begin its initial cryptocurrency distributions through Coinbase starting July 2024. The company, which filed for bankruptcy earlier this year amidst regulatory scrutiny and financial woes, aims to kickstart the process of returning funds to its investors. BlockFi’s decision marks a pivotal moment in its bankruptcy proceedings, following months of negotiations with creditors and regulatory bodies. The firm, once […]

His Highness Sheikh Ammar Bin Humaid Al Noaimi, Crown Prince of Ajman and Chairman of Ajman Bank Board of Directors, led a pivotal meeting today at the bank’s headquarters. The session focused on strategic initiatives aimed at enhancing the bank’s operational efficiency and expanding its service offerings in line with evolving market dynamics. Key discussions during the meeting revolved around bolstering Ajman Bank’s digital transformation efforts. Sheikh […]

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