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Uber’s CEO, Dara Khosrowshahi, confirmed that the company is considering integrating cryptocurrency payments in the future. Khosrowshahi emphasized that the adoption of crypto payments will depend on the evolution of transaction costs and environmental sustainability. He acknowledged that while the idea is promising, current high transaction fees and environmental concerns linked to crypto mining are significant barriers. Khosrowshahi stated, “Is Uber going to accept crypto in the […]

Bitstamp has begun the process of distributing the long-awaited proceeds from the Mt. Gox bankruptcy to UK creditors. This marks a significant milestone in the lengthy and complex resolution of one of the largest cryptocurrency exchange collapses in history. The distribution plan, which involves the transfer of bitcoin and other assets to creditors, has been expedited following an extensive verification process. Bitstamp, one of the leading cryptocurrency […]

Q-Sun, a Chinese renewable energy giant, has partnered with Oman’s Barakat Investment Group to develop a 10GW solar panel manufacturing facility. The ambitious project, set to be located in Oman, aims to position the country as a leader in solar energy production and technology. The partnership was formalized through a joint development agreement signed on Tuesday, outlining plans for the facility’s construction and operational strategies. This collaboration […]

Sustainability Partnership Empowers All Kinds of Tenants HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 23 July 2024 – Hang Lung Properties (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) is pleased to share the progress of its nationwide sustainability initiative, Changemakers: Tenant Partnerships on Sustainability (“Changemakers Program” or “The Program”), which was launched in December 2023, and now has 16 participants. The […]

The office market in Riyadh has shown impressive growth in the second quarter of 2024, bolstered by government incentives designed to attract international corporations. This growth reflects Saudi Arabia’s broader economic diversification goals under the Vision 2030 initiative. Savills’ latest report highlights that over 120 international companies relocated their regional headquarters to Riyadh in the first quarter of 2024, representing a significant 477% increase from the same […]

Renewed efforts to negotiate a ceasefire between Sudan’s Armed Forces and the paramilitary Rapid Support Forces (RSF) are set to commence under the auspices of the US, Saudi Arabia, and Switzerland. These discussions come at a critical juncture as violence continues to escalate, significantly impacting the civilian population. The US State Department announced the mediation initiative, emphasizing the urgency of reaching a truce to alleviate the humanitarian […]

HONG KONG SAR – Media OutReach Newswire – 24 July 2024 – Academy Award-winning actress and De Beers Global Ambassador, Lupita Nyong’o, visited South Africa and Namibia last week as part of an immersive tour to experience the impact that natural diamonds create for the people and places they come from. In South Africa, Ms Nyong’o visited De Beers Group’s world-class Venetia diamond mine, gaining an appreciation […]

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Saudi Arabia’s efforts in cheetah conservation are setting a global benchmark, demonstrating how a nation can integrate scientific research, innovative strategies, and collaborative partnerships to reintroduce this iconic species into its historical habitat. The kingdom has emerged as a leader in this field, effectively combining modern conservation techniques with a deep-rooted commitment to preserving its natural heritage. The cheetah, renowned for being the fastest land animal, has […]

HONG KONG SAR – Media OutReach Newswire – 24 July 2024 – 2024 Interim Results – Financial Highlights (Figures for the corresponding period in 2023 are shown in brackets) Consolidated revenue: HK$ 545 million (HK$ 452 million) Consolidated operating profit: HK$ 49 million (Consolidated operating loss：HK$ 21 million) Consolidated net loss attributable to equity holders of the Company: HK$ 153 million (HK$ 221 million) Basic loss per […]

The Enlarged NDA Government’s New Budget Has Little For The Common ManThe Enlarged NDA Government’s New Budget Has Little For The Common ManBy Nantoo Banerjee The annual government budget is all about the expenditure and its direction. Income is generated generally through tax and non-tax revenues and borrowing to take care of the expenditure. Normally, the expenditure part comprises seven main aspects – the government’s own maintenance cost, defence, healthcare, social security, education, elderly care, and debt […]

In addition to flight tickets purchased, Cathay will plant one tree for every tonne of cargo shipped in Southeast Asia from 25 to 31 July 2024. SINGAPORE – Media OutReach Newswire – 24 July 2024 – Cathay is proud to announce the fourth edition of its annual ‘1 Ticket, 1 Tree’ initiative across Southeast Asia, reaffirming its commitment to support local communities, restore local habitats and drive […]

SINGAPORE – Media OutReach Newswire – 24 July 2024 – Swee Heng, a well-established presence in Singapore’s bakery scene, is continuing to broaden its offerings. This year, the brand is pleased to announce yet another phase of its expansion, introducing its newest venture, Toast & Roll. This marks the sixth addition to the corporation’s umbrella of brands. Swee Heng Corporate Introduces New Brand “Toast & Roll” Introducing […]

Content series is available across Warner Bros. Discovery platforms in Asia HONG KONG SAR – Media OutReach Newswire – 24 July 2024 – Prudence Foundation, the community investment arm of Prudential plc in Asia and Africa, and Warner Bros. Discovery in Asia Pacific (WBD), are collaborating on a content series – Prudence Foundation x Decode by Discovery (“Decode with Prudence”) – to help educate audiences on the […]

Arabian Post Staff Several advanced endpoint security solutions are gaining traction as viable alternatives to CrowdStrike, offering robust protection against evolving cyber threats. These platforms provide comprehensive threat detection and response capabilities, catering to diverse organizational needs. SentinelOne‘s Singularity Platform stands out with its autonomous response technology. It uses artificial intelligence to detect and mitigate threats without human intervention, ensuring continuous protection. SentinelOne’s solution is designed for […]

Named Best Bank for Corporates in Hong Kong HONG KONG SAR – Media OutReach Newswire – 23 July 2024 – Citi has won a record of 41 global, regional and local market awards from Euromoney, a leading global financial markets magazine, at its annual Awards for Excellence that recognizes the best in banking across key areas that are most important to a bank’s key stakeholders, clients, board […]

Saudi Arabia’s Public Investment Fund (PIF) has made a significant leadership change by appointing an experienced insider to steer its investment strategy. This move is set to influence the fund’s ambitious plans for global diversification and asset growth. The PIF, one of the world’s largest sovereign wealth funds, has selected an internal candidate to take on the role of Chief Investment Officer. This decision comes as part […]

Businesses are facing a new cybersecurity threat as hackers exploit counterfeit CrowdStrike recovery tools to infiltrate networks and deploy malware. The fraudulent files are designed to mimic legitimate CrowdStrike resources, aiming to deceive organizations into executing malicious software. The attack mechanism involves hackers creating counterfeit recovery tools that appear to be from CrowdStrike, a prominent cybersecurity firm known for its endpoint protection solutions. These fake tools are […]

Traceability, Cell-Cultured Seafood, Latin America’s Role in the Asian Seafood Market and Sustainable Seafood Supply Chains in Southeast Asia Among the Topics for Seafood Expo Asia’s 2024 Conference Program SINGAPORE – Media OutReach Newswire – 24 July 2024 – Seafood Expo Asia, organized by Diversified Communications, will feature a series of in-depth conference sessions for seafood professionals to learn about timely topics relevant to the Asian seafood […]

War Of Dominance Between Modi And Bhagwat Acquires Curious ShapeWar Of Dominance Between Modi And Bhagwat Acquires Curious ShapeBy Arun Srivastava The battle for dominance between Uttar Pradesh Chief Minister Yogi Adityanath and his deputy Keshav Prasad Maurya, believed to be the protégé of the Modi-Shah duo, is only the prelude; the ‘big fight’ is between Prime Minister Narendra Modi and RSS chief Mohan Bhagwat for the ‘Hindu Hridaya Samrat’ crown, though post […]

Fortress Investment Group, supported by Mubadala Investment Company, has announced a significant milestone, with its assets under management soaring to $100 billion. This remarkable growth underscores Fortress’s expanding influence in the global financial landscape and its evolving role in various market sectors. Fortress, a prominent player in alternative investments, has achieved this doubling of assets through a combination of strategic acquisitions, strong performance in its investment portfolios, […]

HONG KONG SAR – Media OutReach Newswire – 24 July 2024 – CashOn, a technology finance company focused on fintech and Web3 applications, has announced the launch of Hong Kong’s first digital currency lending matching platform. This platform helps customers access cash liquidity by using digital currencies, finding and comparing quotes from multiple financial companies, and providing suitable lending solutions, enhancing the fluidity between digital currencies and […]

Protest Songs Thrive At Four Day Woody Guthrie Folk Festival In OkemahProtest Songs Thrive At Four Day Woody Guthrie Folk Festival In OkemahBy D.L. Lang OKEMAH (USA): The revolutionary spirit of Woody Guthrie permeates his birthplace of Okemah, Okla., where the 27th Annual Woody Guthrie Folk Festival was held July 10-13. There attendees celebrated Woody’s 112th birthday, and modern musicians added their voices to the folk canon. A sense of camaraderie flowed throughout the festival as musicians […]

Cost-efficient, high-performance computing for small business needs SINGAPORE – Media OutReach Newswire – 24 July 2024 – ASUS today announced an all-new range of servers, workstations and motherboards driven by the power of AMD EPYC™ 4004 CPUs – heralding next-level performance and density. The new offerings include: ASUS Pro ER100A B6, a compact, 1U rack server; ASUS ExpertCenter Pro ET500A B6, a power-efficient Zen 4 workstation, ASUS […]

RAK Properties, a leading real estate developer in Ras Al Khaimah, is celebrating notable achievements in its Mina Al Arab development. The company’s flagship Bay Residences project, which has garnered significant interest, continues to advance with key updates. Bay Residences, a large-scale development featuring 661 apartments, is progressing through its various phases. The initial phase of this project includes four distinct buildings, each designed to meet the […]

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