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New paper ‘Beyond Payments’ identifies four key developments in cross-border commerce that deliver opportunities for merchants to create a frictionless and extended consumer journey HONG KONG SAR – Media OutReach Newswire – 23 July 2024 – Throughout the past decade, the rapid proliferation of mobile payment solutions has been a key enabler for digital economies across Asia and beyond. Building on our 2020 report, ‘The Next Wave: […]

Arabian Post Staff The urgent call for the energy industry to reduce its carbon emissions has gained prominence as Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA), warns of catastrophic climate consequences if immediate actions are not taken. This warning comes amid growing concerns over the accelerating pace of climate change and its potential to trigger severe environmental and economic disruptions. Dr. Birol emphasized […]

Dubai South has successfully completed the first-stage trials of self-driving trucks in collaboration with Evocargo, marking a significant step towards autonomous logistics in the UAE. The trials featured Evocargo’s EVO.1, an unmanned electric logistics vehicle, navigating the Logistics District of Dubai South. The initiative is part of Dubai’s broader strategy to become a global hub for smart mobility, integrating advanced technology into its logistics infrastructure. The EVO.1 […]

Abu Dhabi’s airports witnessed a phenomenal increase in passenger traffic in 2023, with a staggering 40% surge compared to the previous year. This translates to a whopping 11. 1 million arrivals and 11. 3 million departures, according to official data released by the Statistics Centre – Abu Dhabi. This significant growth is attributed to a combination of factors, including strategic air transport agreements implemented by the country’s […]

BCG subsidiary INVERTO Opens New Offices in Kuala Lumpur and Jakarta Fahad Anwar to Lead Both Offices as Managing Director With the launch in Southeast Asia, INVERTO aims to provide its clients regional support KUALA LUMPUR, MALAYSIA – Newsaktuell – 1 July 2024 – INVERTO, a subsidiary of the Boston Consulting Group (BCG) specializing in procurement and supply chain management, is expanding into Southeast Asia with new […]

The Middle East and North Africa (MENA) region has experienced a significant spike in cyberattacks, with Distributed Denial-of-Service (DDoS) attacks witnessing a staggering 183% increase year-on-year in the first quarter of 2024, according to a report by cybersecurity firm StormWall. This alarming trend coincides with heightened geopolitical tensions in the region, raising concerns about the potential motives behind these attacks. StormWall’s report highlights a direct correlation between […]

A recent report by cybersecurity firm StormWall paints a worrying picture for the Middle East and North Africa (MENA) region. DDoS attacks, a tactic used to overwhelm websites and online services with floods of traffic, have skyrocketed by a staggering 183% year-on-year in the first quarter of 2024. This surge coincides with a period of heightened geopolitical tensions, particularly the ongoing Israeli-Palestinian conflict, which StormWall suggests has […]

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The Middle East and North Africa (MENA) region stands on the precipice of a clean energy revolution. A recent report by the Global Wind Energy Council (GWEC) reveals a staggering potential:a whopping 1, 400 gigawatts (GW) of harnassable offshore wind power. This untapped resource dwarfs current energy production in the region and could significantly alter its energy landscape. While the report acknowledges the nascent stage of offshore […]

A recent report by the World Economic Forum (WEF) positions Saudi Arabia as a frontrunner in the Gulf Cooperation Council’s (GCC) transition towards a clean energy future. The “Fostering Effective Energy Transition 2024” evaluated 120 countries based on their energy systems’ performance across four key dimensions:environmental sustainability, energy security, equity, and transition readiness. Saudi Arabia secured the 58th position globally, boasting an Energy Transition Index (ETI) score […]

Saudi Arabia’s capital, Riyadh, is surging as a breeding ground for innovative startups, according to a recent report by Startup Genome, an international research organization. The report ranks Riyadh as the fourth most promising startup ecosystem in the Middle East and North Africa (MENA) region. This impressive achievement is just one facet of a broader trend – three Saudi Arabian cities secured spots on the prestigious list. […]

The United Arab Emirates (UAE) is expected to witness a significant surge in electric vehicle (EV) adoption, with a PwC report predicting EVs capturing a quarter of all new car and light commercial vehicle sales by 2035. This represents a substantial leap from the current 3% share, highlighting the UAE’s potential to become a major player in the global EV market. PwC’s Mobility Outlook report forecasts a […]

The Doing Good Index 2024 reveals Asia’s social sector is unprepared for technological challenges HONG KONG SAR – Media OutReach Newswire – 17 June 2024 – The Centre for Asian Philanthropy and Society (CAPS), a uniquely Asia, independent, action-oriented research and advisory organization, released the 2024 edition of its flagship study, the Doing Good Index. The study finds that despite the rapid digitalization of the Asian social […]

A staggering $19 billion has been lost to crypto-related crimes over the past 13 years, according to a new report by blockchain analytics firm Crystal Intelligence. This eye-watering figure highlights the significant security challenges that continue to plague the cryptocurrency industry. The report, titled “Cryptocurrency Crime:A 13-Year Retrospective, ” details a wide range of criminal activities targeting cryptocurrency users and businesses. These include hacking incidents, thefts from […]

Credit rating agency Moody’s Investors Service signaled its confidence in Saudi Arabia’s economic trajectory by maintaining the country’s A1 rating and assigning a positive outlook. This decision reflects the kingdom’s progress in implementing its ambitious reform agenda, which began in 2016. Moody’s highlighted the government’s effectiveness in managing its budget and macroeconomic policies. These efforts have bolstered financial stability and created a foundation for sustainable economic diversification. […]

India’s ambitions to export its crown jewel, the BrahMos supersonic cruise missile, have been thrown into uncertainty following allegations of a security breach. The controversy centers on BrahMos Aerospace, a joint venture between India’s Defense Research and Development Organisation (DRDO) and Russia’s NPO Mashinostroyeniya. A recent report by Indian publication Firstpost alleged that a high-ranking former official deliberately leaked sensitive information about the missile. The allegations, if […]

Pollinators, the buzzing and flitting architects of a healthy ecosystem, face a multitude of threats. Habitat loss due to urbanization and agriculture has long been a concern. But a recent study published in CABI Reviews identifies a more pervasive danger:climate change. The research, led by a team of international scientists, highlights the multifaceted impact of a warming planet on these vital creatures. Rising temperatures disrupt the delicate […]

The International Renewable Energy Agency (IRENA) released a report today casting a bittersweet light on the ambitious renewable energy goals set at COP28. While achieving a threefold increase in renewable power capacity by 2030 is technically and economically possible, IRENA stresses the urgency of overcoming significant roadblocks to reach this target. The report, titled “Tracking COP28 outcomes: Tripling renewable power capacity by 2030,” acknowledges the positive momentum […]

A recent report by IQAir, a Swiss air quality technology company, paints a concerning picture for South Asia. The 2023 World Air Quality Report reveals Bangladesh, Pakistan, and India as the countries burdened with the world’s most polluted air. These nations grapple with particulate matter (PM2.5) concentrations significantly exceeding the World Health Organization’s (WHO) recommended safe limits. PM2.5 refers to fine, inhalable particles less than 2.5 microns […]

When AI meets Menu Engineering meets Restaurant Operations: Polaris ERP. Featuring an intuitive interface to identify the best options for boosting profits, cutting costs, and simplifying operations. This restaurant-savvy solution is all set and ready to show why AI is the next big thing in the F&B industry. Back in 2022, as the world was emerging from the Covid-19 pandemic, Somun Restaurant was already making waves with […]

LOS ANGELES, UNITED STATES – Newsaktuell – 30 April 2024 – The expansion of the BRICS group of nations into what has informally been named BRICS+ could highlight a geopolitical shift, with the new grouping positioning itself as a counterpoint to the Western-led geopolitical order, a report published by the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) argues. A potential counterpoint […]

Arabian Post Staff – Abu Dhabi’s property market is experiencing a surge in interest, particularly for luxury apartments and villas. This trend is being driven by an influx of global investors seeking a foothold in the Emirate’s thriving real estate sector. Data from Bayut, a leading UAE property portal, indicates that upscale neighborhoods have witnessed the most significant price increases, with sales prices for luxury properties rising […]

A new report by the World Economic Forum (WEF) predicts a celestial boom for the global economy. Titled “Space: The $1.8 Trillion Opportunity for Global Economic Growth,” the report forecasts a staggering tripling of the space industry’s value by 2035, reaching a worth of $1.8 trillion. This growth trajectory significantly outpaces the projected rise in global gross domestic product (GDP), highlighting space exploration’s potential as a powerful […]

91 percent of losses in Asia Pacific were uninsured SINGAPORE – Media OutReach Newswire – 2 April 2024 – Aon plc (NYSE: AON), a leading global professional services firm, today published Asia Pacific insights from its 2024 Climate and Catastrophe Report, which identifies natural disaster and climate trends both globally and for Asia Pacific, to help businesses make better decisions to manage volatility and enhance resilience. The […]

The Abu Dhabi-based global investment platform, Investopia, kicked off its third annual conference on February 28th. Themed “Emerging Economic Frontiers: Investing in the New Economy Growth Sectors,” the summit brought together a diverse group of investors, government officials, entrepreneurs, and economic experts to explore opportunities and strategies for capitalizing on the latest economic trends. The conference focused on identifying and analyzing promising new sectors that are driving […]

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HITORI GOTOH
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