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The OPEC Fund for International Development (OFID) and Uzbekistan have solidified their partnership with a new five-year framework agreement and a $20 million loan.Signed on May 3,2024,in Vienna,the agreement signifies a commitment by OFID to support Uzbekistan’s ambitious development agenda through $500 million in fresh financing. This partnership extension comes on the heels of a successful funding history between the two parties.OFID has already provided Uzbekistan with […]

Emerging Trends in Asian Philanthropy and Impact Investment: Opportunities and Challenges HONG KONG SAR – Media OutReach Newswire – 3 May 2024 – Hong Kong is renowned for its rich history of philanthropy and caring culture. It is widely recognized as one of the most vibrant and promising cities in the field of philanthropy and charity services. The HKSAR government actively leverages Hong Kong’s unique advantages in […]

More than 440 registered foundations and over 600 active entities affiliated with top family businesses and individuals in DIFC as of 2023. Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD 1trn. Dubai ranked 1st in MEASA region and among the world’s top 22 cities in terms of wealthiest population centres in 2023 with over 68,500 HNWIs. […]

HANOI, VIETNAM – Media OutReach Newswire – 2 May 2024 – The nomination portal for the 2024 VinFuture Prize officially concluded on April 17th with a total of 1,469 nominations for the fourth award season. The number of nominating partners has increased nearly eightfold compared to the first-year Prize; and nearly 15% of this year’s nominating partners are among the world’s top 2% most-cited researchers. Second from […]

SL25 recognises and celebrates the 25 best projects of steward leadership excellence by for-profit organisations. Past honourees include Avtar Group, Last Mile Care Private Limited, Marico Limited, and Tata Consultancy Services. SINGAPORE – Media OutReach Newswire – 2 May 2024 – In an era where talk of sustainability often exceeds impactful action, Singapore’s Stewardship Asia Centre (SAC) and its partners have embarked on a mission to spotlight […]

United Arab Emirates’ Minister of State for Financial Affairs, Mohamed Al Hussaini, recently met with Ousmane Dione, the World Bank’s Vice President for the Middle East and North Africa (MENA) region. The high-level discussion, held at the UAE Ministry of Finance headquarters in Dubai, focused on strengthening collaboration on development initiatives critical to the region’s economic growth and prosperity. The meeting underscored the UAE’s commitment to working […]

Arabian Post Staff – Microsoft’s recent $1.5 billion investment in G42, a leading artificial intelligence (AI) and cloud computing company in Abu Dhabi, has cast a bright light on the United Arab Emirates’ (UAE) growing prominence in the global AI landscape. This move by the tech giant signifies not only Microsoft’s belief in G42’s potential but also the UAE’s ambitious strides towards becoming a major AI hub. […]

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Abu Dhabi is gearing up to host the Annual Investment Meeting (AIM) Congress 2024, a marquee event set to convene investors, industry leaders, and policymakers from around the world. Scheduled for May 7th to 9th, the summit will delve into the theme “Adapting to a changing investment landscape: harnessing new potential for global economic development.” The focus on adaptation reflects the ongoing shift in global investment trends. […]

The Abu Dhabi Fund for Development (ADFD) solidified its commitment to global development by actively participating in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held in Riyadh, Saudi Arabia. The meetings, which coincided with the IsDB’s Golden Jubilee, brought together member states and development partners to discuss crucial issues facing the Islamic world. High-level representatives from the UAE Ministry of Finance, including His Excellency Mohamed […]

UAE businesses are setting their sights on the Kuwaiti market, with a two-day investment meet kicking off in Kuwait City on April 28th. The forum, titled “Unlocking Kuwait’s Potential,” is designed to foster collaboration and explore promising investment avenues between the two Gulf nations. Organized by the UAE Embassy in Kuwait alongside Kuwaiti government entities, the meet brings together key decision-makers, including UAE Minister of State for […]

The Giving Movement, a United Arab Emirates (UAE)-based clothing company known for its eco-friendly practices, has emerged as a significant contributor to humanitarian efforts in Gaza. Since the recent conflict began, the brand has funneled over 3 million UAE dirhams (approximately $816,798 USD) to Dubai Cares, a leading philanthropic organization in the UAE. These funds are earmarked for immediate relief efforts in Gaza. Dubai Cares, working alongside […]

The global publishing industry is set for a transformative shift as PublisHer, a leading organization advocating for gender balance, and Visa, the digital payments giant, join forces to empower women in publishing and foster entrepreneurial endeavors. This strategic alliance, announced today, marks a significant step towards dismantling entrenched gender disparities within the publishing landscape. PublisHer, established in 2019, has spearheaded initiatives to drive positive change across the […]

MANILA, PHILIPPINES – Media OutReach Newswire – 26 April 2024 – Salmon Group Ltd (“Salmon”), a leading financial technology group dedicated to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, is excited to announce its strategic partnership with ECPay, a prominent electronic payment systems provider. ECPay is renowned for its extensive network of payment centers strategically positioned across the […]

The Emirate of Abu Dhabi is revving up its industrial engine with the help of a major steel project spearheaded by Khalifa Economic Zones Abu Dhabi (KEZAD) Group and Dana Steel, a subsidiary of the Dana Group conglomerate. This collaboration promises to not only bolster Dana Steel’s manufacturing capabilities but also significantly contribute to Abu Dhabi’s ambitious industrial strategy. At the heart of the initiative lies the […]

Launching New Brand Aitrasound® and an AI Medical Imaging Product Line HONG KONG SAR – Media OutReach Newswire – 26 April 2024 – Recently, Aitrasound® Medical Group (Telefield Medical Imaging Limited) announced the formal completion of a pre-Series A financing round of nearly 60 million Hong Kong dollars. The pre-Series A financing was started in March 2023 with an initial round of nearly 40 million Hong Kong […]

HONG KONG SAR – Media OutReach Newswire – 26 April 2024 – BioMed Technology Holdings Limited (“BioMed“), a start-up founded by CUHK professors and alumni, announced an investment received from CUHK Innovation Limited. CUHK Innovation Limited has announced its investment in BioMed, marking its first investment since its establishment. Pictured are Mr. Vincent Tsang, CEO and Co-founder of BioMed (second from the left), Dr. Norman Chan, Chairman […]

SINGAPORE – Media OutReach Newswire – 27 April 2024 – A diverse group of eight accountancy and business leaders have been elected to the Council of the national accountancy body, the Institute of Singapore Chartered Accountants (ISCA). These leaders include partners from accounting firms, a leader from the healthcare sector, a representative from a polytechnic and an entrepreneur. The total number of votes casted by eligible ISCA […]

Circular economy battery startup tozero GmbH walks away with the title of overall champion of the EPiC 2024 tozero GmbH crowned as EPiC 2024 champion claiming the top cash prize of US$90,000, 1,100,000 Asia Miles, as well as invaluable investor exposure and partnership opportunities The EPiC 2024 competition breaks new ground as the Grand Finale caps off the first-ever four-city semi-final series across the U.S., Europe and […]

The adopt-and-build approach on the Backbase Engagement Banking Platform elevated TPBank into the Top 10 banks in Vietnam within 5 years SINGAPORE – Media OutReach Newswire – 26 April 2024 – Backbase, the global leader in Engagement Banking, in partnership with Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank), has won the ‘Best Omni-Channel Digital CX Solution’ award at The Digital CX Awards 2024. This accolade highlights […]

The United Arab Emirates (UAE) is poised for a transportation revolution with the announcement of a partnership between the Abu Dhabi Investment Office and Regent, a US maritime transport company. This collaboration aims to bring high-speed, electric-powered seagliders to the UAE, drastically reducing travel times between key emirates. The agreement paves the way for the construction of Regent’s Viceroy seagliders within the UAE. These innovative vessels utilize […]

Oman is charting a course for economic diversification by forging strategic alliances with regional and global partners. Recent developments highlight the Sultanate’s efforts to bolster its industrial sector, enhance trade ties, and address shared challenges. A significant step came in the form of a memorandum of understanding (MoU) signed with Saudi Arabia. The agreement, reached during a meeting between Omani Minister of Finance Sultan bin Salem Al-Habsi […]

HONG KONG SAR – Media OutReach Newswire – 25 April 2024 – The Hong Kong Polytechnic University (PolyU) is partnering with ZEISS Vision Care, one of the world’s leading manufacturers of eyeglass lenses and ophthalmic instruments, to expand the global impact and speed up the market penetration of PolyU’s proprietary myopia control lens technologies through global partnership involving IP licensing and joint research and development. Witnessed by […]

By Satyaki Chakraborty The polling to the 20 Lok Sabha seats in Kerala in the second phase of elections on April 26 is of crucial significance to the two communist parties CPI(M) and the CPI for their future role in the turbulent post election days of the Indian polity. The fight between the two INDIA […]

The post Why Lok Sabha Election For 20 Seats In Kerala Is Crucial For Future Of Left In Indian Politics? first appeared on Latest India news, analysis and reports on IPA Newspack.

On April 24, 2024, Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), engaged in a phone conversation with Pedro Sanchez, Prime Minister of Spain. The discussion centered on two key areas: strengthening bilateral ties between the UAE and Spain, and addressing pressing regional concerns, particularly the precarious situation in the Middle East. The leaders expressed a mutual desire to bolster cooperation across […]

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