A surge in government spending on infrastructure and ambitious mega-projects is set to propel Saudi Arabia to the top spot in global construction spending, according to a Bloomberg report. The kingdom is forecast to overtake China, the current leader, by 2030, fueled by its Vision 2030 diversification plan that aims to reduce reliance on oil revenue. The construction boom will be driven by several factors. The government […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 June 2024 – The FIDO Alliance is thrilled to announce the lineup for its highly anticipated second FIDO APAC Summit, set to take place at the JW Marriott Kuala Lumpur on September 10-11, 2024. Co-hosted by SecureMetric Technology and supported by Malaysia Digital Economy Corporation (MDEC) and CyberSecurity Malaysia, this premier event is dedicated to advancing phishing-resistant FIDO […]
Kuwait Financial Centre Markaz, a prominent figure in the MENA region’s asset management and investment banking scene, has solidified its position as a leader in global real estate investment. The company boasts a history of accomplishment, having executed over 95 projects valued at more than USD 2. 3 billion across various markets and property types in the US and Europe. Markaz’s commitment to delivering exceptional value to […]
SINGAPORE – Media OutReach Newswire – 27 June 2024 – Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD). Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space New Singapore Office Consolidates Tencent Workforce in Prime […]
Dubai Electricity and Water Authority (DEWA) is proud to announce the completion of its Warsan accommodation complex, the first multifamily residential project globally to achieve LEED (Leadership in Energy and Environmental Design) Platinum certification. This landmark achievement underscores DEWA’s commitment to sustainability and innovation in the residential sector, setting a new standard for energy-efficient and environmentally friendly living in Dubai. LEED is the most widely recognized green […]
Joint initiatives under the Digital for Life movement include community workshops with non-profit organization partners to increase Singaporeans’ awareness about how to shop online safely and protect themselves against scams, as well as getting familiar with new technologies such as Generative Artificial Intelligence (Gen AI). Corporate volunteers from Amazon.sg, Amazon Payments and AWS are partnering with IMDA to conduct the community workshops. Amazon Singapore has donated S$100,000 […]
Motorists in Muscat can breathe a collective sigh of relief as a vital section of the Muscat Expressway has reopened for traffic. The stretch between Intersection No. 2 (Madinat Al-Illam Bridge) and Intersection No. 1 (City Centre Qurum Bridge) heading towards Muttrah is now operational following the successful conclusion of maintenance works. The closure, which began in mid-June, caused some disruption for commuters. However, the Muscat Municipality, […]
SINGAPORE – Media OutReach Newswire – 28 June 2024 – New data from the Accountability Framework initiative (AFi) and CDP shows that achievement of deforestation- and conversion-free supply chains is possible, but still uncommon around the world. The AFi and CDP examined hundreds of company disclosures and revealed their findings in Time for Transparency. The report provides the first clear and quantitative look at the extent to […]
Singapore Sellers Achieved Double-Digit Sales Growth in 2023 Continue to Support Singapore Sellers to Prepare for Amazon’s 10th Prime Day Event, Returning This July 16 & 17 SINGAPORE – Media OutReach Newswire – 28 June 2024 – Amazon Global Selling Singapore today released its 2024 Amazon Global Selling Trend Report titled “Fostering Entrepreneurship & Building Global Brands,” detailing the opportunities in cross-border e-commerce (export e-commerce) for Singapore […]
New York lawmakers are contemplating reviving a bill that would legalize and regulate online gambling in the state. Senator Joseph Addabbo, a longtime proponent of online gaming expansion, introduced a scaled-back version of the legislation in May after the original, which encompassed online casinos, poker, and lottery sales, failed to gain enough traction. The revised bill focuses solely on online poker, aiming to capture a segment of […]
On rumors about a possible leadership change in crisis-hit Manipur, Chief Minister N Biren Singh said that it was not in his hands and his focus is on solving the problem in the state. “Staying on as Chief Minister or resigning is not in my hands,” Mr Singh told NDTV amid reports that a section […]
Six months after the grand opening of the Ram Temple in Ayodhya, the first round of showers has caused heavy waterlogging in the temple city, raising questions over its swift and massive infrastructure overhaul. The newly built Rampath road in Ayodhya which leads to the Ram Temple – has suffered several cave-ins since seasonal rain […]
The US Treasury Department has unveiled its long-awaited framework for taxing cryptocurrency transactions. The new regime, set to take effect in 2025, establishes clear reporting requirements for crypto brokers but postpones definitive rules for a specific segment of the industry:non-custodial wallet providers. Under the new guidelines, crypto brokers will be obligated to file 1099 forms with the Internal Revenue Service (IRS), mirroring the existing reporting structure for […]
Google is making its AI chatbot, Gemini, more readily available within its messaging app with the introduction of a new button. This dedicated FAB (floating action button) simplifies access to Gemini, reducing the number of steps required to initiate a conversation. Previously, users had to tap the “Start chat” button and then choose Gemini to begin interacting with the AI. The new FAB streamlines this process by […]
Proposed a final dividend of HK2.0 cents per share Highlights: Revenue generated from provision of system support and software solution services increased by 26.9% to approximately HK$87.7 million. Gross profit increased by 32.9% to approximately HK$62.2 million. Net profit increased by 61.8% to approximately HK$31.2 million. Earnings per share was HK6.51 cents. The Board recommended the payment of final dividend of HK2.0 cents per share. HONG KONG […]
Apple is reportedly gearing up to take on Meta in the race for dominance in the nascent metaverse space. According to a Bloomberg report, the tech giant is on track to unveil its highly anticipated mixed-reality headset later this year, marking a significant step towards its own vision of a fully immersive virtual world. Codenamed “N301, ” the headset is said to blend augmented reality (AR) and […]
OctaTrader’s Ideation Centre KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 June 2024 – Octa‘s mission as a global broker is to make trading more accessible and understandable. Catering to the most popular demands of the traders’ community, the Octa team has enhanced its proprietary trading platform, OctaTrader, by adding Space, a new toolkit in the OctaTrader ecosystem. Space is a customisable analytics hub built into […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The Hong Kong Polytechnic University (PolyU) is excited to announce its partnership with the esteemed Paris fashion house AELIS Couture (AELIS) for the Fall/Winter 2024/25 Couture Collection that was showcased during the haute couture week in Paris on 27 June 2024. Created by the legendary haute couture designer Sofia Crociani, the Collection introduces sustainable metal-coated […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – The escalating global climate crisis and frequent extreme weather events demand urgent action. Hong Kong must play a significant role in addressing climate change, as highlighted by last year’s heavy rainstorm. The World Green Organisation’s (WGO) “ESG Xchange 2024: ESG for Climate Actions International Summit” will focus on ESG standards, carbon neutrality, and sustainability. The […]
Arabian Post Staff -Dubai Singapore’s DBS Bank and Dubai-based Mashreq Bank have announced a collaboration to revolutionize cross-border payments for Mashreq’s retail customers. This partnership will enable near-instant, same-day international money transfers to select markets across Asia Pacific, Europe, and the Americas. The initiative leverages DBS’s established cross-border payment solution, DBS Globesend. This platform facilitates cost-effective and transparent international transactions in up to 132 currencies across 190 […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – HONMA Golf Limited (“HONMA”; together with its subsidiaries, the “Group”; HKEX stock code: 6858), one of the most prestigious golf brands worldwide, announces its consolidated annual results for the year ended 31 March 2024 (the “Period”). Financial Highlights Due to negative impact from global economic uncertainty and retail sentiments, the Group’s revenue decreased by 11.1% […]
HONG KONG SAR – Media OutReach Newswire – 28 June 2024 – As artificial intelligence (AI) becomes increasingly prevalent, students who possess creative thinking and problem-solving abilities can sustain their competitiveness in an era of rapid change. CoolThink@JC, an initiative created and funded by The Hong Kong Jockey Club Charities Trust, aims to foster digital creativity in young learners, motivating them from an early age to use […]
Etihad Airways, the national airline of the United Arab Emirates, has announced a significant pilot recruitment campaign to support its ambitious growth strategy. The Abu Dhabi-based carrier aims to double its fleet size by 2030, necessitating the hiring of hundreds of pilots over the next 18 months. This expansion plan reflects a renewed optimism within Etihad Airways. The airline, like many in the industry, navigated a turbulent […]
