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Re-imagining a Classic Tale of the Three Kingdoms in English; Renowned Theatre Director Dr Vicki Ooi’s 101st Production HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Widely celebrated for its literary and artistic value, as well as its timeless virtues, the Chinese literary classic Romance of the Three Kingdoms continues to inspire audiences across generations. The Absolutely Fabulous Theatre Connection (AFTEC), known for […]

By Saifur Rahman The UAE economic growth is expected to remain healthy at around 4 percent while fiscal surplus is expected to decline to 4 percent of GDP this year from an estimated 5 percent of GDP last year, the International Monetary Fund said. This is slightly lower than the projections made by the Central Bank of the UAE (CBUAE) which last month projected the UAE’s real […]

Redeem 4 Limited-Edition “Denim Style Cushions” Plus “Magic Cling Fai Chun” to Decorate Your Home and Bring Good Luck HONG KONG SAR – Media OutReach Newswire – 23 January 2025 – 7-Eleven is here to help you celebrate a joyful and prosperous Year of the Snake! Following the overwhelming popularity of our first “New Year, New Look” collection featuring 8 Denim Style bags with Peko-chan and Sho-chan, […]

HONG KONG SAR – Media OutReach Newswire – 23 January 2025 – Financial Secretary of the Hong Kong Special Administrative Region (SAR), Paul Chan, is among nearly 3,000 political leaders, financial officials and business elites attending the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Hong Kong SAR’s Financial Secretary, Paul Chan, speaks at the “2025 Davos-Caixin CEO Luncheon” in Davos, Switzerland. Promoting Hong Kong’s advantages […]

Kingdom Holding Company (KHC), the investment firm led by Saudi Arabian Prince Alwaleed Bin Talal, has indicated a willingness to invest in TikTok should the platform be acquired by Elon Musk or another party. This development emerges as TikTok’s parent company, ByteDance, faces mounting pressure to divest its U.S. operations to avert a potential ban. KHC’s CEO, Talal Ibrahim al-Maiman, stated that the firm would consider investing […]

By Nitya Chakraborty Is the U.S. President Donald Trump looking for a big deal with the Chinese President Xi Jinping in his second term to reshape the global order favouring two super powers and marginalizing both Western Europe and Russia? The question gets all the relevance if one analyses the policy announcements by the second […]

MACAU SAR – Media OutReach Newswire – 21 January 2025 – On Sunday, January 19, the internationally acclaimed piano virtuoso Lang Lang, alongside the Macao Orchestra, captivated audiences at the Galaxy International Convention Center (“GICC”), one of Asia’s most iconic and advanced MICE destinations, with a grand symphony of romantic classical music. Lang Lang carefully curated pivotal works from his artistic journey and 2025 tour, presenting masterpieces […]

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By Satyaki Chakraborty China has scored a major diplomatic victory in Myanmar by helping the conclusion of a truce between the ruling military junta and the Myanmar National Democratic Alliance Army (MNDAA) in the provinces bordering China. The MNDAA rebels took control of large areas around the border by driving out the junta troops last […]

Pooi To Middle School and HKFYG Lee Shau Kee College emerge as champions Youngest primary school team proudly claims the Most Potential Award HONG KONG SAR – Media OutReach Newswire – 20 January 2025 – The unique allure of a cappella lies in its harmonious melodies, created solely by human voices, without instrumental accompaniment. On 18 January, local and international talent came together to celebrate the art […]

By Nantoo Banerjee Indians are travelling abroad like never before. Last year, over 30 million Indians travelled abroad, mostly on leisure trips. The number is nearly 15 percent more than that in 2023. The total expenditure rose by 25 percent. Rich and upper middle-class Indians are also increasingly sending their children for foreign studies. Over […]

Ring in the Lunar New Year with Joy, Colour, and Prosperity Immerse Yourself in the Joyful Installation by Knot Designer Zoe Siu This Lunar New Year HONG KONG SAR – Media OutReach Newswire – 20 January 2025 – This Lunar New Year, Pacific Place and Starstreet Precinct invite you to a celebration of luck, tradition, and modern artistry with the “Weaving Celebration of Fortunes”, running from today […]

Global diesel prices have surged following the United States’ imposition of new sanctions targeting Russia’s energy sector. These sanctions aim to further constrain Russia’s oil revenues, which have been a significant source of funding for its military activities in Ukraine. On January 10, 2025, the U.S. Department of the Treasury and the Department of State announced intensified measures against Russia’s energy industry. The sanctions specifically target major […]

By Anjan Roy The recent volatility in the exchange rate of the Indian rupee against the US dollar has given rise to a debate on how the central bank should react to the situation of progressive depreciation of the national currency. To wit, the rupee appears to hit 90 to a dollar in no time, […]

HONG KONG SAR – Media OutReach Newswire – 17 January 2025 – Habitat Property, Hong Kong’s award-winning specialist in unique luxury properties, is thrilled to announce the details of its latest project, ‘Stanley House Project’. After more than four years of careful planning, ‘Stanley House Project’ is now ready for construction. Victoria Allan, Founder and Managing Director of Habitat Property, has secured permits and approvals, sparing buyers […]

By Nitya Chakraborty The announcement on Gaza between Israel and Hamas just five days before the inauguration of Donald Trump as the President of USA on January 20 has baffled many leaders of the peace movement as also left liberal political analysts as to how to properly assess the policies of this hard far right […]

HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the nine months ended 31 December 2024. The Group’s sales for the nine months ended 31 December 2024 were US$2,730 […]

SINGAPORE – Media OutReach Newswire – 15 January 2025 – Global management consultancy Kearney has appointed Varun Arora as its new Managing Partner for Southeast Asia, effective 1 January 2025, as the firm continues to accelerate growth across the region. Mr Arora succeeds Nithin Chandra, who has led the unit since 2022. Varun Arora, Managing Partner for Southeast Asia Based in Singapore, Mr Arora will oversee Kearney’s […]

Companies identify Business interruption as their top business concern for the year ahead (37% of overall responses) Cyber ranks #2 (31%), with data breaches identified as the cyber exposure companies fear most Natural catastrophes retain #3 rank (27%) in Asia, which is heating up faster than the global average SINGAPORE – Media OutReach Newswire – 15 January 2025 – Business interruption is the biggest worry for Asian […]

Neighborhood Retail Assets and Industrial/Logistics Sector Gain Investors’ Interest Since the Politburo’s emphasis in its September 2024 meeting that authorities “must work to halt the real estate market decline and spur a stable recovery,” Chinese mainland residential market sentiment has strengthened significantly, supporting a pick-up in primary market home sales Total investment volume in the Greater Bay Area (GBA) commercial real estate (CRE) market recorded RMB44.7 billion […]

Dusit Princess Moena and Dusit Princess Firenze to open in 4Q 2029. BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, represented in the Philippines by Dusit Thani Philippines Inc., has signed hotel management agreements with IDC Prime, a wholly owned subsidiary of Italpinas Development Corp, a design-driven developer of sustainable properties in emerging […]

KUNMING, CHINA – Media OutReach Newswire – 13 January 2025 – On January 6th, China’s first alpine truffle museum was established at the Fuli Palace of Kunming Botanical Garden. This museum, founded by the brand “Dr. Plant”, focuses on alpine truffles and aims to showcase the unique charm and precious value of truffles to the public in innovative ways. While providing robust support for black truffle conservation, […]

GFH Financial Group, a prominent Bahrain-based investment firm, has strategically invested in Invenergy, a leading global developer and operator of sustainable energy solutions, through a partnership with Blackstone Infrastructure Partners. This collaboration underscores GFH’s commitment to expanding its renewable energy portfolio and capitalizing on the growing demand for clean energy infrastructure worldwide. Invenergy, headquartered in Chicago, has a robust track record in the renewable energy sector, with […]

Saudi Arabia is gearing up for a substantial increase in initial public offerings (IPOs) in 2025, with plans to list up to 56 companies over the next two years. This ambitious agenda underscores the kingdom’s commitment to diversifying its economy and attracting foreign investment. Dr. Sultan Altowaim, Head of Research at Al Rajhi Capital, revealed that seven IPOs have already been approved or completed, with two scheduled […]

The Mohammed Bin Rashid Space Centre (MBRSC) has announced that final preparations are underway for the launch of MBZ-SAT, the UAE’s most advanced Earth observation satellite. The satellite is scheduled for launch in January 2025, marking a significant milestone in the nation’s space exploration efforts.

Developed entirely by Emirati engineers at MBRSC, MBZ-SAT is poised to become the region’s most advanced high-accuracy, high-resolution imaging satellite. Designed to operate in low Earth orbit at an altitude of approximately 613 kilometers, the satellite will provide detailed imagery with a resolution of less than one square meter. This capability is expected to support a wide range of applications, including urban planning, environmental monitoring, water quality assessment, and agricultural development.

The satellite’s development involved comprehensive environmental testing at the Korea Aerospace Research Institute (KARI) in South Korea. These rigorous tests, including thermal vacuum, vibration, acoustic, and mass properties testing, ensured the satellite’s resilience under the extreme conditions of space. Following successful testing, MBZ-SAT was transported to Vandenberg Space Force Base in California for final launch preparations.

MBZ-SAT is equipped with an advanced imaging system capable of capturing high-resolution data with unprecedented accuracy and speed. The satellite’s automated scheduling and processing systems will enable it to generate ten times more imagery than previous models, with data processed and delivered in under two hours. This rapid turnaround is expected to enhance applications such as environmental monitoring, disaster relief, and infrastructure management.

The satellite’s development also marks significant progress for the UAE’s aerospace sector, fostering local economic growth through strategic partnerships. Nearly 90% of the satellite’s mechanical structures and a significant portion of its electronic modules were produced in collaboration with UAE-based companies, including Strata, EPI, Rockford Xellerix, Halcon, Falcon, and EGA. This collaboration not only strengthens the UAE’s space capabilities but also facilitates the transfer of knowledge to local talent.

Once operational in low Earth orbit, MBZ-SAT will be monitored from MBRSC’s Mission Control Centre, where teams will analyze the data transmitted back to Earth. The launch of MBZ-SAT is expected to solidify the UAE’s reputation as a global leader in space technology and sustainable innovation.

The launch of MBZ-SAT is scheduled for January 2025, with the exact date to be confirmed. The satellite will be launched aboard a Falcon 9 rocket, with the launch site to be announced.

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