Press releases and business news from the Kingdom of Saudi Arabia
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Media OutReach Newswire

Media OutReach Newswire

'AI godfather' sounds the alarm on growing risks in the AI race
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

'AI godfather' sounds the alarm on growing risks in the AI race

HANOI, VIETNAM - Media OutReach Newswire - 28 February 2025 - The rise of powerful artificial intelligence (AI) like DeepSeek is transforming the world at an unprecedented pace, sparking enthusiasm and deep concerns about its potential risks. On that subject, "AI godfather" Yoshua Bengio – Laureate of the 2024 VinFuture Grand Prize – highlighted the urgent need for national and global efforts to r...

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Spackman Entertainment Group Returns To Profitability, Posting US$3.52 Million In Total Comprehensive Income For FY2024
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

Spackman Entertainment Group Returns To Profitability, Posting US$3.52 Million In Total Comprehensive Income For FY2024

The Group recorded US$3.52 million in total comprehensive income for FY2024 as compared to a total comprehensive loss of US$8.47 million for FY2023 The turnaround was mainly due to an increase of US$6.53 million in other income and gains, primarily driven by a US$5.96 million reversal of an impairment loss on the share of results of the Group's 43.88%-owned associated company, Spackman Media Group...

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Hong Kong's 2025-26 Budget Advances Innovation and Technology
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

Hong Kong's 2025-26 Budget Advances Innovation and Technology

HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Driving innovation and technology was a key focus of Hong Kong SAR's Financial Secretary Paul Chan's 2025-26 Budget. Identifying Artificial Intelligence (AI) as being at its core, Mr Chan said Hong Kong would leverage its competitive edge under the "one country, two systems" principle to become an international exchange and co-operation...

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Turning Losses into Profits: AI Drives Significant Revenue Growth for IGC
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

Turning Losses into Profits: AI Drives Significant Revenue Growth for IGC

HONG KONG SAR - Media OutReach Newswire - 28 February 2025 – International Genius Company (hereafter referred to as " IGC "; Stock Code: 0033.HK) announced its interim results for the period ending December 31, 2024.Thanks to the application of AI-driven trading technology solutions, IGC's tech-driven investment management services segment has achieved significant growth, turning losses into profi...

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China CITIC Bank International and Hong Kong Airlines to launch  co-branded Mastercard® card
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

China CITIC Bank International and Hong Kong Airlines to launch co-branded Mastercard® card

Strengthening credit card product portfolio Travel offers and rewards to drive credit card spending HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - China CITIC Bank International Limited ("CNCBI") and Hong Kong Airlines ("HKA") today announce the launch of the China CITIC Bank International Hong Kong Airlines co-branded Mastercard® card, providing customers exceptional travel experien...

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BK8 News Is The New Title Sponsor Of Gresini Racing MotoGP: Let's Get Started
Business NewsSaturday, March 1, 2025 : 15:00(+4GMT)

BK8 News Is The New Title Sponsor Of Gresini Racing MotoGP: Let's Get Started

BURIRAM, THAILAND - Media OutReach Newswire - 1 March 2025 - Starting Today, the Gresini Racing MotoGP team will officially be known as BK8 Gresini Racing MotoGP. This marks the latest major announcement – just days before the highly anticipated start to the 2025 season at the Buriram International Circuit in Thailand. BK8 NEWS , a sports news and entertainment platform providing up-to-date sports...

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Government of the Republic of Botswana And De Beers Group Confirm Diamond Partnership For The Next Generation
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Government of the Republic of Botswana And De Beers Group Confirm Diamond Partnership For The Next Generation

Transformational agreements boost Botswana's economic development potential and secure De Beers' long-term share in world's greatest diamond resources HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - The Government of the Republic of Botswana (the "Government of Botswana") and De Beers Group ("De Beers") announced that, following the conclusion of negotiations announced on 3 February 2...

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AI and Blockchain Innovations Propel Singapore's Fintech Evolution Amid Investment Recalibration: KPMG's Pulse of Fintech H2'24
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

AI and Blockchain Innovations Propel Singapore's Fintech Evolution Amid Investment Recalibration: KPMG's Pulse of Fintech H2'24

Singapore's fintech investment recalibrated to US$1.3 billion in 2024, in line with global shifts toward sustainable growth. Crypto and blockchain investment increased 22 percent in H2'24 to US$267 million, driven by AI-integrated solutions. AI-powered fintech surged, with investment jumping from US$24 million in H1'24 to US$160 million in H2'24, reflecting demand for regtech and automation.

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Tiny Desk Concerts Come to NHK WORLD-JAPAN
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Tiny Desk Concerts Come to NHK WORLD-JAPAN

Artist for inaugural episode: Fujii Kaze TOKYO, JAPAN - Media OutReach Newswire - 27 March 2024 - NHK WORLD-JAPAN is set to produce and air tiny desk concerts featuring Japanese musicians. "tiny desk concerts JAPAN" will be an adaptation of the series originated by the American public broadcaster, NPR. Artists perform in an intimate setting with acoustics that match the atmosphere. Audiences aroun...

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NTT Sparks Smart Building Revolution with New OCEAN Intelligence™ Platform in Hong Kong
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

NTT Sparks Smart Building Revolution with New OCEAN Intelligence™ Platform in Hong Kong

Offering a Strategic Vision to Bring AI into Every Building, empowered with an Open Partner Ecosystem HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - As part of NTT Group, a world-leading telecommunications and ICT service provider, NTT Com Asia (NTT) today launched OCEAN Intelligence™ in Hong Kong, a ground-breaking AI-powered open platform set to transform smart building management....

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Hang Lung Announces Official Name of  "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66,  Set to Open in Q4 2025
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Hang Lung Announces Official Name of "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66, Set to Open in Q4 2025

Enriching the Complex's Cultural Landscape and Status as a Benchmark for Urban Excellence HONG KONG SAR, SHANGHAI & WUXI, CHINA - Media OutReach Newswire - 27 February 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) today announced the official name of its new lifestyle hotel at Center 66 – Xi Zhe Wuxi, Curio Collection by Hilton (“Xi Zhe”; ?????,???????...

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Cyberport and International Organisations Co-host "AI Safety, Trust, and Responsibility" Forum
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Cyberport and International Organisations Co-host "AI Safety, Trust, and Responsibility" Forum

WDTA APAC Institute Inaugurated to Lead AI Governance and Standards Development HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - Cyberport , the World Digital Technology Academy (WDTA) and the International Academicians Science & Technology Innovation Centre (IASTIC) co-organised the "AI Safety, Trust, and Responsibility (AI STR)" Forum. This event served as the Hong Kong session of th...

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Budget to maintain Hong Kong's competitiveness amid fiscal consolidation
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Budget to maintain Hong Kong's competitiveness amid fiscal consolidation

HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - Hong Kong SAR's Financial Secretary Paul Chan delivered his 2025-26 Budget yesterday (February 26), with clear path and initiatives to rein in the deficit, while accelerating the city's development and maintaining its competitive edge of a low and simple tax regime. "The key is managing expenditure growth, making good use of the Governme...

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Ne Zha 2 Dominates Hong Kong Box Office for Four Straight Days, Crowned 2025's Top Film
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Ne Zha 2 Dominates Hong Kong Box Office for Four Straight Days, Crowned 2025's Top Film

SHANGHAI, CHINA - Media OutReach Newswire - 27 February 2025 - Chinese animated blockbuster Ne Zha 2 has taken Hong Kong by storm, topping the city's box office charts for four consecutive days since its release. As of now, its cumulative earnings in Hong Kong have surpassed $2.07 million, securing its position as 2025's highest-grossing film in the region. <img src=

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Tineco Unveils Two Revolutionary Floor Washers with Super New Arrival Promotion Starting from February 28th
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Tineco Unveils Two Revolutionary Floor Washers with Super New Arrival Promotion Starting from February 28th

Tineco launches two new floor washers: Floor One S9 Artist and Floor One Switch S7 Stretch Promotion available from February 28th to March 28th, 2025 , with attractive gift-with-purchase and more! These innovative floor washers combine cutting-edge technology, energy efficiency, and sleek design for a superior cleaning experience SINGAPORE - Media OutReach Newswire - 28

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GAC AION Unveils the Aion V: Redefining Electric Mobility with Advanced Technology and Design
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

GAC AION Unveils the Aion V: Redefining Electric Mobility with Advanced Technology and Design

SINGAPORE - Media OutReach Newswire - 28 February 2025 - GAC AION, the electric vehicle division of VINCAR Group, is pleased to announce the launch of the Aion V electric SUV. This new model introduces advanced features and a sustainable design, setting new benchmarks in the electric vehicle market. <img src="https://release.media-outreach

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AIA Hong Kong partners with Tottenham Hotspur to support youth development
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

AIA Hong Kong partners with Tottenham Hotspur to support youth development

Match-worn Spurs jerseys signed and auctioned to raise funds for AIA Foundation HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Following the exciting match between Tottenham Hotspur ("Spurs") and Manchester United on 17 February, Spurs players signed special jerseys featuring the AIA Foundation logo. These signed jerseys are now available for global auction online until 2 March, with...

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Samitivej International Children's Hospital Expands, Advancing Pediatric Healthcare in Asia-Pacific
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Samitivej International Children's Hospital Expands, Advancing Pediatric Healthcare in Asia-Pacific

A 2 Billion THB Investment in Pediatric Excellence and Smart Hospital Innovation BANGKOK, THAILAND - Media OutReach Newswire - 27 February 2025 - Samitivej Hospital, a leader in pediatric care, unveils its newly expanded standalone Samitivej International Children's Hospital at Samitivej Srinakarin Hospital. Backed by a 2 billion THB investment, the expansion strengthens Samitivej's commitment to...

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Amari Vientiane: Experience the Charm of a Cultural Gem on the Mekong River in the Heart of Laos
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Amari Vientiane: Experience the Charm of a Cultural Gem on the Mekong River in the Heart of Laos

BANGKOK, THAILAND - Media OutReach Newswire - 28 February 2025 - ONYX Hospitality Group, a leading management company in Southeast Asia, specialising in hotels, resorts, serviced apartments, and luxury residences, is committed to delivering unforgettable experiences that allow travellers to explore Laos's captivating city, as stunning and valuable as a precious gem. The company recently launched "...

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Generali Hong Kong Triumphs Multiple Wins at the "10Life 5-Star Insurance Awards 2025"
Business NewsFriday, February 28, 2025 : 15:00(+4GMT)

Generali Hong Kong Triumphs Multiple Wins at the "10Life 5-Star Insurance Awards 2025"

HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Generali Hong Kong has once again achieved outstanding results at the "10Life 5-Star Insurance Awards 2025", with a total of six products earning 5-star accolades in recognition of its excellence in product design and market performance. These awards cover multiple categories, including deferred annuities, savings, critical illness, and...

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