In a move to strengthen international cooperation against piracy, the United Arab Emirates (UAE) announced a contribution of one million US dollars to the United Nations Trust Fund for Piracy off the Coast of Somalia. The announcement, made on June 4, 2024, underscores the UAE’s commitment to the safety and security of vital shipping lanes. Piracy poses a significant threat to global commerce, disrupting trade routes and […]
SINGAPORE – Media OutReach Newswire – 3 June 2024 – Confidence Funeral Services Pte Ltd announces that its Director, Zen Goh, has been honoured by the Association of Trade & Commerce with the esteemed SME 500 Award. This recognition marks a significant milestone in the company’s journey and underscores its commitment to providing compassionate and professional funeral services, serving the community with integrity and care. SME 500 […]
The importance of small and medium-sized enterprises (MSMEs) to the recovery and future of tourism was highlighted by the Secretary-General of the Organization of Islamic Cooperation (OIC), Hissein Taha, during a recent address to the Islamic Conference of Tourism Ministers. According to UNWTO data cited by Taha, nearly 80% of businesses operating in the tourism sector fall under the MSME category. This vast network of smaller enterprises […]
By K Raveendran It may be time for an Anna Hazare-type agitation to reclaim the integrity and independence of the Election Commission, completely compromised by the incumbent commission like never before. Chief Election Commissioner Rajiv Kumar is no T N Seshan, who proved that the Election Commission had enough powers not to let anyone interfere […]
The post It May Be Time For An Anna Hazare-Type Agitation To Reclaim Election Panel’s Integrity first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach Newswire – 31 May 2024 – To foster a deeper understanding and facilitate the exchange of ideas regarding arts-based creative learning among various stakeholders in the educational and artistic communities, The Absolutely Fabulous Theatre Connection (AFTEC) is organising a two-day forum from May 31 to June 1 at the Hong Kong Maritime Museum, themed Knowledge Exchange – Re-imagining Creative Futures. Funded […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 31 May 2024 – With the current capitalisation of 468.42 billion USD, Ethereum (ETH) is the second-largest cryptocurrency network by market capitalisation after Bitcoin. As many experts point out, Ethereum is well-positioned to remain a crypto powerhouse for many years to come. What makes this digital asset so unique, and what drove its robust growth over the recent years? […]
The latest data from the Alternative Dispute Resolution (ADR) Portal of the Department of Justice indicates a significant decline in litigation periods across Indian courts during the first quarter (Q1) of 2024. The statistics, released on Wednesday, May 30th, reveal that courts of first instance disposed of cases in an average of 33 days, marking a substantial improvement from previous quarters. Courts of appeal fared even better, […]
SINGAPORE – Media OutReach Newswire – 29 May 2024 – Advances in Artificial Intelligence (AI) would be a game-changer for the accountancy industry. The Institute of Singapore Chartered Accountants (ISCA) adopts a human-centred AI (HCAI) perspective and recognises that AI can bring forth positive disruption. A HCAI approach takes into consideration the design, use, and intention of the AI tool for the human user. Essentially, this means […]
By Saifur Rahman Investment Corporation of Dubai, an investment arm of the Government of Dubai, reported a 68 percent jump in net profits to a new record of Dh60.8 billion on Dh310.2 billion in revenue for the year ended 31 December 2023. This growth has been backed with strong growth reported by the Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its […]
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced today the appointment of Mohammed Thani Al Rumaithi as its new Chairman. The Board of Directors voted unanimously to place Al Rumaithi at the helm of the organization, recognizing his extensive experience and leadership in the Emirati business world. Al Rumaithi is a highly respected figure within the Abu Dhabi business community. He previously served as Chairman […]
Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain SINGAPORE – Media OutReach Newswire – 28 May 2024 – The Asia-Pacific region stands as the cornerstone of global textile and garment manufacturing. As the industry navigates the rapidly evolving landscape, the inaugural Asia-Pacific Textile and Apparel Supply Chain Expo & Summit (APTEXPO 2024) is poised to be a catalyst to help the stakeholders thrive and overcome the […]
SINGAPORE- Media OutReach Newswire – 27 May 2024 – MPFunds, Asia’s First Trading Performance Programme, announces its strategic expansion into Thailand, solidifying its position as the leading modern prop trading firm in Asia. This bold move comes after a year of incredible success, highlighted by a major event that showcases MPFunds’ leading role in the trading industry. Mypocket Funds expanding to Thailand and Beyond The decision to […]
Dubai’s urban sprawl continues its relentless march forward, and the Dubai Municipality’s Survey Department is taking a proactive approach to keep pace. The department has announced a new project aimed at modernizing its surveying practices, leveraging the latest technologies to ensure the continued accuracy and efficiency of land development in the emirate. The project, still under development, will see the department integrate advanced data collection tools and […]
So, let the drums roll and trumpets blare, for Indian politics is nothing if not a spectacle of surprises K Raveendran The issue of level playing field never came to the fore as it did during the 2024 elections. But it was mostly about political parties fighting out an unequal battle in terms of resources, partisan treatment by the Election Commission, sizzling summer heat at some parts […]
The Ministry of Human Resources (MoHR) is facing a significant surge in applications for auxiliary worker positions. Over the past two months, the ministry has received a staggering 8, 500 applications, highlighting the high demand for such roles and potentially straining the ministry’s processing capacity. This influx of applications is attributed to several factors. The current economic climate, with its emphasis on short-term projects and flexible work […]
The Department of Justice (DOJ) shed light on advancements within the legal system at its recent “Open Day for Innovation in the Justice Sector” event. The initiative aimed to bring together a diverse range of stakeholders, including legal professionals, tech developers, and members of the public, to explore how technology can improve access to justice and streamline legal processes. The event featured presentations and demonstrations showcasing various […]
Arabian Post Staff-Dubai Saudi Arabia is reportedly considering a multi-billion dollar stock sale of energy giant Saudi Aramco as early as June. This potential sale could be one of the biggest stock offerings ever witnessed in the Middle East. Details surrounding the offering are still being finalized, but sources familiar with the matter say it could raise around $10 billion. The offering comes as Saudi Arabia pushes […]
By K Raveendran In asserting his ‘indestructability’, Narendra Modi has taken a leaf out of the books of Arab rulers, who assiduously promote the idea that rulers are God’s representatives on Earth. This belief has been historically used by Arab monarchs to legitimize their rule and suppress dissent. In what is seen as a most […]
The post Finally, A Taste Of American-Style Direct Debate Between Modi And Rahul Gandhi first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff – Dubai Dubai, the long-reigning champion of Middle Eastern tourism, has a new contender vying for the crown. Saudi Arabia, embarking on an ambitious plan to transform itself into a global tourism destination, is pouring billions into developing its pristine Red Sea coastline and historic sites. This aggressive investment spree has sent shockwaves through the industry, prompting Dubai to re-evaluate its offerings and strategize […]
Saudi Arabia’s Export-Import Bank (Saudi EXIM Bank) inked two significant agreements with prominent Japanese financial institutions, SMBC Business Banking and MUFG Bank, during the Saudi-Japan Vision 2030 Business Forum held in Tokyo. This collaboration aims to bolster cooperation and open doors for co-financing ventures, ultimately propelling Saudi non-oil exports into target markets. The agreements were signed by Eng. Saad bin Abdulaziz Al-Khalab, CEO of Saudi EXIM Bank, […]
Swedish multinational healthcare company Diaverum unveiled its 2023 Environmental, Social, and Governance (ESG) report, outlining its sustainability efforts and future goals. The report highlights Diaverum’s commitment to ESG principles throughout its operations, emphasizing stakeholder engagement and ethical business practices. Diaverum, the largest independent renal care provider in Europe, focuses on delivering quality renal care to patients with Chronic Kidney Disease (CKD). The company’s approach integrates environmental, social, […]
Arabian Post Staff – Dubai The Abu Dhabi National Oil Company (ADNOC) announced the successful completion of a secondary share sale in ADNOC Drilling, raising $935 million. This transaction, designed to broaden investor participation and enhance liquidity in the UAE’s equity market, follows ADNOC Drilling’s initial public offering (IPO) in 2021. The offering involved the placement of 880 million shares with institutional investors, representing 5. 5% of […]
Shorooq Partners, a prominent venture capital firm in Abu Dhabi, announced the initial closing of their second private credit fund dedicated to financing technology companies in the Middle East and North Africa (MENA) region. This $100 million fund signifies Shorooq Partners’ commitment to fostering the burgeoning tech sector in MENA. The capital secured in this first close will allow Shorooq Partners to provide debt financing to high-growth […]
Dubai-based clean energy company Alcazar Energy has secured a significant investment of $490 million for its second renewable energy fund. This fund, known as Alcazar Energy Partners II, represents more than double the amount raised by its predecessor in 2021. The funding will significantly accelerate Alcazar’s development of utility-scale renewable energy projects in emerging markets. The fund’s closing was bolstered by the participation of the US International […]
