While Singapore (1st, unchanged) and Hong Kong (2nd, up from 3rd) still dominate the podium, the Asia Pacific (APAC) region is now ranked 2nd place for the first time, due to lower rankings for cities like Tokyo, and a very strong return to prominence for Europe, Middle East and Africa (EMEA). SINGAPORE / HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – According to […]
Dive into the vibrant world of ‘Taiwan Spirit’, where the essence of Taiwan shines through the arenas of Table Tennis, Taekwondo, and Cycling SINGAPORE – Media OutReach Newswire – 25 June 2024 – Discovery Network and TaiwanPlus, a publicly funded media platform focusing on news and entertainment in Taiwan, will collaborate for a second year to produce a three-part series, Taiwan Spirit, highlighting Taiwan’s rich sports culture. […]
By Saifur Rahman Bangladesh’s economy faces multiple challenges, said the International Monetary Fund in its latest report. Bangladesh’s economy is suffering from liquidity shortage and high inflationary pressure as its currency lost value by 38.23 percent from BTk85 per US dollar in March 2022 to BTk117.5 per dollar in June 2024. “Stubbornly high international commodity prices and continued global financial tightening have amplified macroeconomic vulnerabilities. Although the […]
Lunchbox, a prominent provider of technology solutions for enterprise restaurants, recently announced the launch of Cater. This initiative marks a significant milestone, establishing the first-ever dedicated community hub and council specifically designed for catering executives within the restaurant industry. The launch of Cater comes at an opportune moment. The catering industry is experiencing a period of substantial growth, with its current value exceeding $73 billion and projections […]
Telecom giant Ooredoo’s CEO has revealed that chipmaker Nvidia is poised for a major launch in the Middle East, a region facing limitations on imports of advanced US-made artificial intelligence (AI) technologies. The details of Nvidia’s launch and the specific products it will offer remain unclear, but the move signifies the company’s intent to tap into a growing market while navigating the complexities of US export regulations. […]
Sunday morning travelers at Manchester Airport, the third-busiest airport in the United Kingdom, faced a frustrating start to their journeys after a major power cut wreaked havoc on flight schedules. The outage, which struck the area around 1:30 am, plunged the airport into darkness and crippled critical systems. The immediate consequence was widespread disruption, with a significant number of flights, particularly those departing from Terminals 1 and […]
Leading professional services firm celebrates new global network with impactful climb for Project Pari. SINGAPORE – Media OutReach Newswire – 24 June 2024 – Forvis Mazars in Singapore, a leading global professional services network, commemorates the completion of the global network formation – with an awe-inspiring mission. A team of nine from the firm will embark on a challenging and impactful expedition: scaling Mount Kinabalu, Southeast Asia’s […]
Oman’s commercial banking sector is experiencing a significant upswing in private deposits, with the total value surpassing $41. 6 billion. This marks a positive development for the country’s financial landscape, indicating growing confidence among residents and businesses in the stability of the banking system. The rise in deposits can be attributed to several factors. One major driver is Oman’s economic diversification efforts. The government’s initiatives to reduce […]
Dubai commuters can rejoice as travel times have significantly decreased thanks to the implementation of intelligent traffic systems (ITS). According to Dubai’s Roads and Transport Authority (RTA), journey times have been slashed by up to 20% across the emirate’s road network. This achievement is credited to the widespread use of ITS, a technological solution that utilizes a network of sensors, cameras, and communication devices to gather real-time […]
While overall foreign direct investment (FDI) into Africa dipped slightly in 2023, a surge in clean energy projects is painting a brighter picture for the continent’s sustainable future, according to the latest World Investment Report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights a 3% decline in FDI inflows to Africa, reaching $53 billion in 2023. This decrease is primarily attributed to […]
HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – On 14 June, UNHCR, the UN Refugee Agency, will launch the 17th Charity Refugee Film Festival to Mark World Refugee Day 2024. This year’s festival seeks to heighten public awareness of the refugee cause and galvanize collective efforts to address the global displacement crisis by showcasing the power of solidarity and durable solutions through film. […]
At a time of accelerated growth, the AI-driven enterprise orchestration platform welcomes new members to Product and Go-to-Market teams SINGAPORE – Media OutReach Newswire – 20 June 2024 – Workato®, the leading AI-driven Enterprise Orchestration platform, today announces two new appointments to the leadership team; Chandar Pattabhiram is joining as the company’s first Chief Go-to-Market Officer, and Bhagat Nainani is joining as the Head of Product and […]
DENVER, USA – Media OutReach Newswire – 23 June 2024 – JUHBZ, a globally renowned cryptocurrency trading platform, has launched a comprehensive suite of advanced security measures to address increasing security concerns in the rapidly evolving cryptocurrency market. This initiative aims to protect user assets amidst growing trading activities and participation, underscoring JUHBZ as a leader in cryptocurrency security. With the surge in cryptocurrency trading and the […]
HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – Creatory, a multi-channel B2B2C influencer platform and a subsidiary of MoneyHero Limited (NASDAQ: MNY), today announced its collaboration with The Club, HKT’s customer loyalty programme, to boost Hong Kong’s creator economy. (From left to right) Clive Chow, Chief Operating Officer, The Club ; Dhruv Johri, Head of Commercial – Hong Kong, MoneyHero Group; Shravan Thakur, […]
HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – In a bold move to bolster Hong Kong’s entrepreneurial spirit during challenging economic times, SetupHK, a leading one-stop business consulting service, has unveiled its innovative $1 Company Setup Program. This transformative initiative is designed to drastically reduce the barriers to entry for new businesses, catalyzing growth and innovation in Hong Kong’s dynamic market. “Our $1 […]
Kuwait is bracing for more disruptions to its electricity grid as the searing summer temperatures push the nation’s power capacity to its limits. The Ministry of Electricity, Water and Renewable Energy announced the implementation of extended power cuts across various regions to combat the rising demand for electricity during peak hours. These scheduled blackouts, lasting up to two hours, are a stark reminder of the challenges Kuwait […]
London-listed Energean plc has struck a deal to sell its exploration and production assets in Egypt, Italy, and Croatia to private equity giant Carlyle Group for an enterprise value of up to $945 million. The transaction, announced on June 20, 2024, marks a strategic shift for Energean, allowing it to focus on its core gas development projects in Israel and Morocco. The divestment encompasses a portfolio with […]
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 […]
Losing a parent is never easy, and preparing for their end-of-life arrangements can be emotionally draining. However, having essential conversations with your parent about their wishes and needs during this time is crucial to ensure that their final days are as comfortable and peaceful as possible. Understanding the Importance of Essential Conversations Discussing end-of-life arrangements with your parent may seem like an uncomfortable or even taboo topic, […]
SINGAPORE – Media OutReach Newswire – 21 June 2024 – CDNetworks, the APAC-leading network to deliver edge as a service, today unveils its new iGaming Solution, which leverages the capabilities of the company’s upgraded Flood Shield 2.0 platform. This advanced solution delivers tailored protection and unrivaled performance for iGaming platforms. Flood Shield 2.0: Comprehensive Upgrade Fit for iGaming As a cloud-based DDoS protection service, Flood Shield 2.0 […]
Dubai Future Foundation (DFF) and Meta have unveiled a collaborative effort to launch a novel business incubator program. This initiative aims to harness the potential of large language models (LLMs) to revolutionize product and service innovation across various industries. The program leverages Meta’s open-source AI model, LLAMA 3, to empower entrepreneurs to develop impactful AI use cases. These use cases will address real-world challenges, promote economic growth, […]
In a move designed to bolster efficiency within the electric vehicle (EV) battery production sector, Schneider Electric and AVEVA, industry leaders in energy management and industrial software respectively, have announced a collaborative effort with IN-CORE Systèmes. This tripartite alliance aims to revolutionize EV battery manufacturing by establishing a more comprehensive data-driven approach. The exponential growth of the EV market has intensified the demand for improved battery production. […]
