The UAE’s used car market is expected to experience substantial growth in the coming years, according to a report by AutoData, a leading provider of data and analytics for the automotive industry. The report projects a market value of $48. 15 billion by 2030, reflecting a compound annual growth rate (CAGR) of 11. 5% over the eight-year period. This significant increase suggests a thriving pre-owned vehicle sector […]
An Air Europa flight en route to Montevideo, Uruguay, was forced into an unscheduled landing in Natal, Brazil, on Monday, after encountering severe turbulence. The mid-air incident resulted in injuries to over 30 passengers onboard the Boeing 787-9 Dreamliner. The Air Europa flight, UX045, departed Madrid, Spain, earlier that day with a total of 325 passengers and crew. While details regarding the specific cause of the turbulence […]
DA NANG, VIETNAM – Media OutReach Newswire – 2 July 2024 – Da Nang – Asia’s Leading Festival and Event Destination 2022, recognised by the World Travel Awards, continues solidifying its status as the region’s festivals city with Sun Group’s world-class events and performances this summer of 2024. ‘Symphony of River’ show at Da Nang Downtown with artistic fireworks every night. DIFF 2024 – Performance of nearly […]
The first FIR under the new criminal code Bharatiya Nyay Sanhita, which came into force on Monday, was filed against a street vendor for obstructing a road near the New Delhi Railway Station. The FIR was filed under Section 285 of the new criminal code that states, “Whoever, by doing any act, or by omitting […]
The jingle of coins and the rustle of bills may become a relic of the past as central banks around the world delve into the potential of central bank digital currencies (CBDCs). Driven by the burgeoning digital economy and the growing popularity of cashless transactions, these government-backed digital tokens aim to streamline payments and enhance financial inclusion. But will CBDCs completely dethrone physical cash? The rise of […]
Unearthed from the High Atlas mountains of Morocco, a trove of exceptionally well-preserved fossils is providing scientists with an unprecedented window into the lives of creatures that swam the Earth’s oceans over 500 million years ago. Nicknamed “Pompeii trilobites” due to the remarkable similarity of their demise to the fabled Roman city, these ancient arthropods were rapidly entombed in volcanic ash, offering a level of detail unseen […]
A series of explosions wracked the town of Gwoza in Borno state, Nigeria on Saturday, leaving at least six people dead and injuring fifteen others. The attacks, suspected to be carried out by suicide bombers, targeted a wedding ceremony, a funeral procession, and a hospital. The first blast ripped through a crowded wedding ceremony, causing immediate panic and casualties. Details remain unclear, but reports indicate that the […]
SINGAPORE – Media OutReach Newswire – 27 June 2024 – Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD). Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space New Singapore Office Consolidates Tencent Workforce in Prime […]
SINGAPORE – Media OutReach Newswire – 28 June 2024 – New data from the Accountability Framework initiative (AFi) and CDP shows that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon around the world. The AFi and CDP examined hundreds of company disclosures and revealed their findings in Time for Transparency. The report provides the first clear and quantitative look at the extent to […]
One soldier has been killed and four are missing after their tank met with an accident during a river-crossing exercise near the Line of Actual Control in Leh’s Daulat Beg Oldi area in the early hours of Saturday, officials said. A Junior Commissioned Officer, or JCO, is among the five killed in the accident that […]
Al Mal Capital REIT (AMCREIT), the first real estate investment trust (REIT) on the Dubai Financial Market (DFM), has bolstered its educational sector holdings through the acquisition of Carnation Education LLC. Carnation Education holds the freehold land and buildings of Kent College Dubai, a well-established K-12 institution. This strategic move expands AMCREIT’s portfolio diversification and strengthens its presence across multiple emirates. The company now boasts assets in […]
Arabian Post Staff -Dubai Singapore’s DBS Bank and Dubai-based Mashreq Bank have announced a collaboration to revolutionize cross-border payments for Mashreq’s retail customers. This partnership will enable near-instant, same-day international money transfers to select markets across Asia Pacific, Europe, and the Americas. The initiative leverages DBS’s established cross-border payment solution, DBS Globesend. This platform facilitates cost-effective and transparent international transactions in up to 132 currencies across 190 […]
For Indian travelers, a comfortable and hassle-free stay is paramount when picking a hotel. While factors like price and location remain important considerations, a recent study by Booking. com reveals a growing focus on amenities and services that enhance convenience. The survey highlights the significant role on-site dining options play for Indian tourists. A staggering 83% of respondents prioritize access to a restaurant within the hotel itself. […]
Transforming the employee experience in a modern workplace and accelerating the adoption of digital access infrastructure in Asia’s commercial real estate HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – Nan Fung Group (Nan Fung), a privately-held conglomerate with global interests in real estate development, has partnered with HID, a worldwide leader in trusted identity solutions, to introduce a new employee badge in Apple […]
The National Transportation Safety Board (NTSB) has expressed strong disapproval of Boeing’s recent disclosures regarding a panel blowout incident on an Alaska Airlines 737 MAX flight. The incident, which occurred in February 2023, involved a loss of cabin pressurization caused by a panel detachment near the tail of the aircraft. While no injuries were reported and the pilots were able to land safely, the seriousness of the […]
Social media is on the verge of a metamorphosis, with a new app called Butterf lies replacing human users with entirely AI-generated characters. Developed by former Snap engineering director Vu Tran, Butterflies offers a familiar social media experience on the surface, complete with profiles, followers, and a photo-centric feed. However, upon closer inspection, the unsettling truth emerges:the people you interact with might not be real. During signup, […]
Created the Responsible AI Committee in FY2022/23 and has built a 7-pillar governance framework to evaluate AI innovation across its pocket-to-cloud portfolio. Made progress toward and is on-track to meet its 2030 emissions reduction targets, in alignment to the Science Based Targets initiative’s net-zero standard. Reported an industry-leading 29% representation of women in technical teams, fueling innovation and its smarter technology for all vision. HONG KONG SAR […]
HONG KONG SAR – Media OutReach Newswire – 27 June 2024 – Artificial intelligence (AI) is already being widely adopted in companies’ financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG. At the same time, companies expect AI to be increasingly used […]
LONDON, UK – Newsaktuell – 26 June 2024 – A decline in effective national governance and the “long-term scars” caused by austerity measures and Brexit have stifled economic growth and undermined social cohesion in the United Kingdom, according to a study. Rishi Sunak and Ursula von der Leyen: British Prime Minister Rishi Sunak met with European Commission President Ursula von der Leyen to work on Brexit negotiations […]
Saudi Aramco, the crown jewel of the Saudi Arabian energy sector, has solidified its position as the undisputed leader in terms of proven oil and gas reserves. According to a recent data compilation by Statista, a German data analysis firm, Aramco boasts a staggering 259 billion barrels of oil equivalent, dwarfing its nearest competitors. This figure eclipses the combined reserves of industry giants like ExxonMobil, Chevron, TotalEnergies, […]
The notorious Android banking trojan, Medusa, has resurfaced after a period of relative dormancy. Researchers at Cleafy, an online fraud management company, discovered a new variant of the malware targeting users across seven countries, including Canada, France, Italy, Spain, Turkey, the United Kingdom, and the United States. First identified in 2020, Medusa, also known as TangleBot, has a proven track record of wreaking havoc on Android devices. […]
