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NIA Unveils ‘Groom – Grant – Growth – Global’ Strategy to Drive Thailand Towards Becoming an Innovation Nation, Showcasing One Year of Success as the ‘Innovation Focal Conductor’

NIA to strengthen innovation in Thailand with new financial mechanisms, promoting the export of Thai innovative products to international markets and leverage digital technologies in five dimensions to enhance organizational operations BANGKOK, THAILAND – Media OutReach Newswire – 23 July 2024 – The National Innovation Agency (Public Organization) or NIA has unveiled its strategy for driving Thailand towards being an innovation nation, “NIA Focal Conductor: Leading Thailand […]

Canon Unveils Advanced AI-based Innovations at Inaugural ‘Think Big’ Event in Hong Kong

‘Think Big – The Power of Future’, Canon’s first event in the series to be held outside of Singapore, showcases cutting-edge AI technologies to revolutionise the modern workplace and various key industries HONG KONG SAR – Media OutReach Newswire – 23 July 2024 – Canon today announced the launch of the first ‘Think Big’ Event Series in Hong Kong. Set to educate business leaders on innovative industry […]

DHL Express and UOB partner to reduce carbon footprint of UOB’s international shipments via sustainable aviation fuel

Partnership under DHL’s GoGreen Plus service will support UOB’s sustainability commitments in carbon neutrality SINGAPORE – Media OutReach Newswire – 23 July 2024 – DHL Express, the world’s leading international express service provider, and UOB, a leading bank in ASEAN, entered a strategic agreement under DHL’s GoGreen Plus service to co-invest in sustainable aviation fuel (SAF) for UOB’s international parcel deliveries. Through this program, UOB foresees an […]

Saudi Logistics Platform OTO Secures $8 Million for UAE, Turkiye Expansion

Saudi Arabia’s OTO, a logistics technology firm, has announced plans to expand into the UAE and Turkiye, fueled by a successful Series A funding round totaling SR30 million ($8 million). This latest financing was spearheaded by Sanabil Investments, a fully owned subsidiary of the Public Investment Fund (PIF). The investment also saw contributions from Sadu Capital and Iliad Partners, with Propeller and Soma Capital participating in the […]

XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America

Through the collaboration with EBANX, XTransfer offers the preferred local payment methods from Latin America to businesses worldwide exporting to the region. Cash-based vouchers, electronic transfers, and Pix, the instant payments in Brazil, are among the options SHANGHAI, CHINA & CURITIBA, BRAZIL – Media OutReach Newswire – 23 July 2024 – XTransfer, China’s top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global […]

Oil Prices Stabilize Amid Biden’s Presidential Departure

Oil prices remained steady as traders and analysts assess the implications of President Joe Biden’s decision to exit the 2024 presidential race. Following Biden’s announcement, which has altered the political landscape, market participants are closely monitoring the impact on U.S. energy policies and global oil markets. The decision by Biden to step back has prompted significant speculation about the future of U.S. energy policy, particularly regarding climate […]

Economic Survey 2023-24 Cautions On India’s Growth Story

By Dr. Gyan Pathak Economic Survey 2023-24 does present a rosy picture of India’s growth story and recognizes the short-term prospect as good, but does not fail to flag several areas of concern that require clear forward-look vision for better prospect in the long term. It underscored the pressing needs for comprehensive reform in agriculture. […]

GCC Food Market Gains as India Plans to Ease Rice Export Curbs

India’s decision to ease its rice export restrictions is set to benefit the Gulf Cooperation Council (GCC) countries significantly. With rice stocks at state warehouses surging to record levels, the Indian government aims to cut the floor price for basmati rice exports and replace the 20% export tax on parboiled rice with a fixed duty. This strategic move is driven by an unprecedented increase in rice inventories, […]

Octa’s analysts predict possible market volatility with launch of Ether ETFs

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 22 July 2024 – The U.S. SEC has given preliminary approval to at least three of the eight asset managers planning to launch Ether ETFs, allowing them to start trading on 23 July. This approval depends on the submission of final offering documents. According to Bitwise CIO Matt Hougan, Ether ETFs could have a more significant impact on Ether’s […]

Impact of Climate Change on One Health: A Comprehensive Overview

Arabian Post Staff Climate change significantly influences global health through its impact on environmental conditions and ecosystems. The increasing frequency of extreme weather events, rising temperatures, and environmental disruptions are reshaping the landscape of health threats. The concept of One Health, which underscores the interconnectedness of human, animal, and environmental health, is becoming increasingly vital in addressing these complex challenges. As global temperatures rise and weather patterns […]

Polymarket Bettors Anticipate Biden Withdrawal Before Announcement

Market data from Polymarket, a platform for prediction markets, reveals that bettors accurately forecasted President Joe Biden’s withdrawal from the 2024 presidential race hours before the official announcement. The surge in bets on Biden’s exit from the race highlights a significant trend in political prediction markets and provides insight into the predictive power of such platforms. On July 21, 2024, Polymarket data showed a notable spike in […]

First Exchange Launches T-Bill Interest Bearing Products for Retail

A pioneering move in the financial sector has been made by Woo X and its partners, OpenTrade, marking a significant milestone in retail investment options. The exchange has become the first to introduce Treasury Bill (T-Bill) interest-bearing products directly accessible to individual investors. This development provides retail customers with a new avenue to engage in government securities, expanding their investment portfolio options. Woo X’s initiative represents a […]

Dollar Dips as Biden Exits Race; Chinese Bonds Surge

Markets experienced a notable shift as President Joe Biden’s decision to withdraw from the 2024 presidential race reverberated through global financial systems. The U.S. dollar fell against major currencies, while Chinese bonds saw a substantial increase in value. Biden’s unexpected announcement to step aside for the upcoming election has led to immediate market reactions. The dollar, which had been gaining strength due to relatively stable U.S. economic […]

Bangladesh Protests Are Part Of Geopolitical Turmoil In South Asia

By Arun Kumar Shrivastav The student protest in Bangladesh over job quotas has taken a deadly turn, with more than 100 students reportedly killed by police and security forces. Despite the government’s suspension of the controversial job quota decision, there is no sign of the protests abating. Students from across the country continue to take […]

Prudential launches indexed universal life insurance plan to meet rising legacy planning needs of the high net worth segment

The plan offers uncapped growth potential linked to the index performance along with features that protect against market uncertainties SINGAPORE – Media OutReach Newswire – 3 June 2024 – Prudential Singapore (“Prudential”) has introduced an indexed universal life (UL) insurance product, PRUVantage Legacy Index (“PVLI”), to address the growing protection and legacy planning needs of high net worth (“HNW”) individuals in Singapore. The indexed UL plan offers […]

DHL Celebrates Five-Year Partnership with Teach For Cambodia

Since 2019, DHL Group’s GoTeach program has benefitted more than 270 young individuals in Cambodia PHNOM PENH, CAMBODIA, – Media OutReach Newswire – 22 July 2024 – DHL, the world’s leading logistics provider, celebrates its five-year partnership with Teach For Cambodia under DHL Group’s GoTeach program. Since 2019, DHL has positively impacted the lives of over 270 young individuals in Cambodia through employability skills enhancement, mentorship, educational […]

Qatar Strengthens Maritime and Tourism Ties with Global Delegation

A Qatari delegation, including key figures from Qatar Tourism, the Permanent Committee for the Management of Maritime Ports, Mwani, and the General Authority of Customs, has embarked on a significant international mission aimed at enhancing Qatar’s maritime and tourism sectors. The delegation’s recent trip reflects Qatar’s strategic effort to boost its global maritime presence and attract international tourism. The visit involved high-level meetings with major global stakeholders, […]

India’s Workforce Greatly Suffered In 2023-24 Due To Centre’s Neglect

By Dr. Gyan Pathak India’s workforce greatly suffered in 2023-24 due to Centre’s neglect, as it is reflected in the recently released annual report data of the Union Ministry of Labour and Employment. Under the Social Security Schemes and Projects for Workers, Union Budget has provided Rs 12434.82 crore, which was decreased to Rs 11714.99 […]

Saudi, China Link Markets with New ETFs

Saudi Arabia and China have taken a significant step towards enhancing financial connectivity with the recent launch of exchange-traded funds (ETFs) on Chinese stock exchanges. This development, unveiled by Public Investment Fund (PIF) Governor Yasir Al-Rumayyan during a listing event in Shenzhen, marks a new chapter in the financial collaboration between the two nations. The ETFs provide Asian investors unprecedented access to the Saudi equity market, which […]

Israel Hits Yemeni Port City After Houthi Drone Attack

Recent developments in the Middle East have escalated tensions between Israel and Houthi forces in Yemen. Following a drone strike by the Houthi rebels on an Israeli cargo ship in the Red Sea, Israel has responded with a significant military action targeting a key port city in Yemen. This latest exchange marks a sharp intensification in the region’s complex geopolitical landscape. The drone attack on the Israeli […]

Energy Industry Must Cut Emissions to Avert Climate Disaster

Arabian Post Staff The urgent call for the energy industry to reduce its carbon emissions has gained prominence as Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA), warns of catastrophic climate consequences if immediate actions are not taken. This warning comes amid growing concerns over the accelerating pace of climate change and its potential to trigger severe environmental and economic disruptions. Dr. Birol emphasized […]

Promoting Local Currencies in Cross-Border Transactions

A recent push for the use of local currencies in cross-border transactions is gaining momentum as countries and financial institutions look to reduce dependence on the US dollar and euro. This shift aims to foster economic stability, enhance regional cooperation, and provide more autonomy over monetary policies. Emerging markets and developing economies are at the forefront of this movement, exploring ways to integrate local currencies into international […]

flydubai Marks Three Years of Connecting Dubai and Salzburg

flydubai, the Dubai-based airline, recently marked its third anniversary of operating flights to Salzburg, Austria, solidifying its role as a pivotal player in connecting the UAE with this picturesque European destination. Since its inaugural flight on July 19, 2021, flydubai has been instrumental in bridging the gap between the bustling metropolis of Dubai and the charming alpine city of Salzburg, offering travelers a seamless connection between two […]

United States Does Not Care For Modi’s Doctrine Of ‘Strategic Autonomy’

By P. Sudhir Prime Minister Narendra Modi’s two-day visit to Moscow on July 9-10 saw the revival of the annual summit meetings between the leaders of India and Russia. The last summit had been held in 2021 when President Putin visited Delhi. The visit has resulted in further strengthening the strategic partnership between India and […]