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Heat waves, once unwelcome guests that arrived with a bang and left with a bluster, are morphing into stagnant saunas thanks to climate change. A new study published in Science Advances reveals a concerning trend: heat waves are losing their hustle, lingering over regions for longer periods and intensifying the misery they bring. Previous research painted a grim picture of heat waves – becoming more frequent, intense, […]

Energy company Mubadala Energy has scored another significant win offshore Indonesia, announcing a major gas discovery at the Tangkulo-1 exploration well. This find comes just months after the company’s success at the Layaran-1 well in the same region, solidifying the South Andaman Block as a key player in Southeast Asia’s energy scene. The Tangkulo-1 well, drilled to a depth of 3, 400 meters in 1, 200 meters […]

Vianode, a company specializing in innovative battery materials, has announced promising results from a Life Cycle Assessment (LCA) on their upcoming large-scale production of sustainable anode graphite. The LCA, a comprehensive analysis of a product’s environmental impact throughout its lifecycle, indicates Vianode’s method significantly reduces greenhouse gas emissions compared to traditional production processes. The key finding of the LCA is the remarkably low climate change impact associated […]

Global ocean exploration nonprofit sets sail in Indonesia on a first-of-its-kind Southeast Asian mission that combines science, education, and media to support the advancement of ocean science and marine education in the region, contributing to the battle against climate change. BALI / JAKARTA, INDONESIA- Media OutReach Newswire – 15 May 2024 – Global ocean exploration nonprofit OceanX, together with the Coordinating Ministry of Maritime Affairs and Investment […]

In an effort to combat climate change and promote a more sustainable future, InSinkErator, a leading manufacturer of food waste disposers, has announced a collaborative tree-planting initiative with the Emirates Environmental Group (EEG). This partnership reflects InSinkErator’s commitment to environmental responsibility and aligns with the UAE’s ongoing efforts towards a greener future. The initiative will see InSinkErator partnering with EEG, a prominent UAE-based environmental organization, to plant […]

Riyadh, Saudi Arabia – Metric, a global financial intelligence and analytics platform built for small and medium-sized businesses (SMBs), has been backed by the 500 Global program through the Sanabil 500 Mena Seed fund. This support underlines Metric’s commitment to fostering the burgeoning SME sector in Saudi Arabia, and the push towards digitization for businesses. 500 Global, a highly renowned multi-stage venture capital firm with $2.4B in […]

In a significant stride towards combating climate change, the Group of Seven (G7) leading industrialized nations have reached an agreement to phase out coal-fired power plants by the mid-2030s. This landmark deal marks the first time the G7 has explicitly committed to a coal phase-out, solidifying their stance on transitioning to cleaner energy sources. The agreement, reached during a meeting of energy and environment ministers in Turin, […]

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The pursuit of net zero emissions, often framed as a challenge, presents a unique opportunity for the Gulf Cooperation Council (GCC) countries to diversify their economies and emerge as leaders in the global energy transition. This shift holds immense potential for the region, fostering innovation, attracting investments, and creating new job markets. The GCC’s hydrocarbon wealth has been the cornerstone of its economic prosperity. However, the global […]

Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, marked his presence at the closing ceremony of the inaugural Abu Dhabi Global Healthcare Week (ADGHW) on May 15, 2024. The three-day event, held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, served as a platform for global healthcare leaders, […]

SINGAPORE – Media OutReach Newswire – 15 May 2024 – Atria-City Dental Group, a multidisciplinary dental group practice in Singapore has been providing general and specialist dental care for families since 1994. In conjunction with its 30th year anniversary and this year’s World Oral Health Day theme, “A Happy Mouth is a Happy Body”, the practice is delighted to announce a dental package combining comprehensive Oral Health […]

In a significant development for cancer treatment in the United Arab Emirates, Burjeel Medical City, one of the nation’s leading healthcare institutions, and TII, a company at the forefront of biotechnology, have announced a strategic partnership. This collaboration aims to accelerate the adoption of advanced immunotherapy solutions for patients battling cancer. Immunotherapy harnesses the body’s immune system to fight cancer cells. By stimulating the body’s natural defenses, […]

OCB achieves technology implementation speed 3x faster than industry norm in its launch of a customer-centric omnichannel banking platform, setting a new benchmark in Vietnam HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 May 2024 – Backbase, the global leader in Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a top private bank in Vietnam, together with SmartOSC, the premium digital enabler, announce the […]

Dubai has cemented its position as the world’s leading hub for foreign direct investments (FDI) focused on establishing new ventures. According to the latest data from the Financial Times’ fDi Markets report, Dubai secured the top spot for attracting greenfield FDI projects in 2023, marking an impressive three-year winning streak. This achievement highlights Dubai’s continuous efforts to foster a business-friendly environment and its strategic initiatives to solidify […]

Simple, affordable, and powerful infrastructure solution makes AI more accessible for enterprises SINGAPORE – Media OutReach Newswire – 15 May 2024 – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced NetApp AIPod with Lenovo ThinkSystem servers for NVIDIA OVX, a converged infrastructure optimized for the generative AI era. NetApp and Lenovo have had a strong partnership for over five years and are now taking the […]

VANCOUVER, CANADA – Media OutReach Newswire – 14 May 2024 – Lee Kum Kee will be the exclusive condiment sponsor of the 9th World Championship of Chinese Cuisine (WCCC), to be held from 21-23 May at the PNE Forum in Vancouver, Canada. The World Federation of Chinese Catering Industry is organising the event in partnership with the Canada Catering Association. Lee Kum Kee will be the exclusive […]

Dubai’s global trade enabler, DP World, has solidified its commitment to fostering dialogue within the Arab media landscape by joining the 22nd edition of the Arab Media Forum (AMF) as a strategic partner. The forum, organized by the Dubai Press Club (DPC), is a prominent platform that convenes leading journalists, policymakers, and influencers from across the region and the world. This announcement reinforces the longstanding collaboration between […]

The Wisconsin State Investment Board (WSIB) made waves in the financial world today after it disclosed the purchase of $99 million worth of shares in BlackRock’s iShares Bitcoin Trust ETF. This move marks a significant development, as it represents one of the first major forays by a government-run investment board into the world of cryptocurrency. The WSIB, which oversees the investments of Wisconsin’s public pension funds, has […]

HONG KONG SAR – Media OutReach Newswire – 14 May 2024 – Ms. Cecilia Chang, Chief Executive Officer of Generali Hong Kong, has been selected as one of the outstanding global leaders in the prestigious “Global 100” for 2024, a comprehensive roundup that highlights the best in the industry, by Insurance Business. The ‘Global 100’ list is a hallmark of excellence, featuring individuals who not only excel […]

The Anwar Gargash Diplomatic Academy (AGDA), a leading institution in the United Arab Emirates for diplomatic studies, is actively promoting its educational programs at the 11th edition of the Ajman International Education and Training Exhibition (AETEX). The event, which runs from May 14th to 16th at the Emirates Hospitality Centre, provides AGDA with a platform to connect with potential students interested in careers in diplomacy and international […]

Hong Kong’s fledgling Bitcoin and Ethereum exchange-traded funds (ETFs) witnessed a significant setback this week, with record net outflows exceeding $39 million on Monday alone. This substantial withdrawal effectively erased any gains accumulated over the past two weeks. The outflows encompassed all six currently available crypto ETFs in Hong Kong, signifying a broad-based investor retreat from the market. The reasons behind this sudden shift in sentiment remain […]

Representatives of the global diamond industry, including government officials, civil society organizations, and industry leaders, convened in Dubai this week for the Kimberley Process (KP) Intersessional meeting. The focus of the meeting is to address ongoing challenges within the diamond trade and strengthen the Kimberley Process Certification Scheme (KPCS), an international mechanism established to prevent conflict diamonds from entering the legitimate market. The United Arab Emirates (UAE) […]

By Saifur Rahman Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its ground handling and ticketing arm Dubai National Air Travel Agency (Dnata) reported a 71 percent jump in net profits exceeding Dh18.7 billion (US$5.1 billion) in 2023-24 financial year ending March 31 2024, compared to Dh11 billion (US$3 billion) recorded the previous year. This is a new profit record for Emirates […]

A powerful solar storm erupted this weekend, captivating audiences worldwide with a breathtaking light show across the night sky. While the National Oceanic and Atmospheric Administration (NOAA) issued a rare severe geomagnetic storm warning in anticipation of the event, the primary impact appears to have been visual. The storm, a burst of charged particles ejected from the Sun’s surface, reached Earth on Friday afternoon, triggering vibrant displays […]

SINGAPORE – Media OutReach Newswire – 14 May 2024 – New data from Nexusguard’s DDoS Statistical Trends Report 2024 reveals bad actors are shifting DDoS tactics. Computers and servers became the primary target of attacks, making up 92% of DDoS attempts, compared to only 68% in the previous year. Attacks are also becoming shorter and less frequent, but more powerful. While the overall count in attack frequency […]

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