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China, France to consolidate relationship
PARIS, May 9, 2024 /PRNewswire/ — A news report from chinadaily.com.cn:
As French President Emmanuel Macron rolled out the red carpet for President Xi Jinping’s state visit, which concluded on Tuesday, China and France, with ample outcomes from the visit, have sent the message that they will consolidate the strategic stability of bilateral ties and jointly contribute to global security and prosperity.
The two countries signed 18 bilateral cooperation documents in areas such as green development, aviation, agrifood, commerce and people-to-people exchanges after the two presidents’ official talks at the Elysee Palace in Paris on Monday.
They also issued four joint statements on the situation in the Middle East, artificial intelligence and global governance, partnership in the fields of biodiversity and oceans, and agricultural exchanges and cooperation.
This year marks the 60th anniversary of diplomatic ties between China and France, with the latter being the first major Western country to establish diplomatic relations at the ambassadorial level with China.
Observers said that in an era in which mistrust often defines interactions between the West and China, the vibrant comprehensive strategic partnership between China and France stands as a beacon of hope, demonstrating that trust and collaboration are not only possible but essential for progress and prosperity.
A successful sojourn:
https://x.com/XisMoments/status/1788129714055586191
https://x.com/XisMoments/status/1788129189344018799
During their talks, the two presidents highlighted the countries’ friendly relationship as well as the potential and prospects of cooperation. They pledged to step up the countries’ cooperation in traditional areas such as aerospace, aviation and nuclear energy, expand collaboration in emerging areas such as green energy, smart manufacturing, biomedicine and AI, and jointly uphold multilateralism, the United Nations Charter and international law.
Xi said that China is ready to maintain strategic communication with France, respect each other’s core interests, unleash the great potential of mutually beneficial cooperation, and facilitate growth and balance in bilateral trade.
Expanding opening-up
He reaffirmed the nation’s commitment to expanding opening-up, saying that China has fully opened up its manufacturing sector and will move faster to expand market access in the service sector, such as in telecommunications and medical services.
While saying that China welcomes investment by more French companies, Xi expressed the hope that the French side will provide a good business environment and stable development expectations for investment and cooperation by Chinese companies in France.
China welcomes visits by more people from France, and will extend the short-stay visa-exemption policy for citizens from 12 countries, including France, to the end of 2025, bring the total number of French students in China to more than 10,000, and double the number of young Europeans on exchange programs to China in the next three years, Xi said.
He also pledged to increase dialogue and communication with France in areas including AI governance and reform of the international financial system.
Macron said that as the world faces many pressing challenges, the profound and rich France–China relationship is at a critical juncture of building on the past and looking to the future.
The two sides, through mutual respect, a long-term perspective and strengthened cooperation, will play an important and positive role in addressing global challenges and opposing any logic of bloc confrontation, he said.
Macron assured Xi that France will continue to open its market to China and will not adopt discriminatory policies against Chinese companies.
David Gosset, founder of the China-Europe-America Global Initiative, said that as France and China translate their affinities into concerted action, they forge pathways for enhanced synergies between the European Union and the world’s second-largest economy.
As the world continues to evolve and confront new challenges, Gosset said that the partnership between France and China will remain essential in shaping a more peaceful, prosperous and sustainable future for all.
During their talks, Xi and Macron also exchanged views on international and regional issues of mutual interest, including the Ukraine crisis and the Palestine-Israel conflict.
While meeting the media with Macron following their talks, Xi called on all parties to resume engagement and dialogue to build mutual trust in order to address the Ukraine crisis. China opposes attempts to use the Ukraine crisis to scapegoat or smear a third country or to stoke a new Cold War, he said.
https://x.com/XisMoments/status/1787812645602766938
On the Palestine-Israel conflict, Xi urged the international community to work together for an immediate, comprehensive and sustainable cease-fire in Gaza. “We support Palestine’s full membership in the UN, and support restoring to Palestine its legitimate national rights and restarting the two-state solution, so as to achieve lasting peace in the Middle East.”
Xi and Macron also met on Tuesday at Col du Tourmalet in southwestern France, before Xi left for a state visit to Serbia.
https://www.chinadaily.com.cn/a/202405/08/WS663ab1cea31082fc043c5c59.html
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Dubai World Trade Centre Drives Impact as Economic Output Surges to US$4.98 Billion in 2023, up 40% YoY
DUBAI, UAE, May 20, 2024 /PRNewswire/ — Dubai World Trade Centre (DWTC), a global leader in the events and exhibitions industry, has once again demonstrated its significant impact on Dubai’s economy in 2023, welcoming 2.47 million participants and hosting 301 events, 76 of which, were large-scale events that attracted 1.54 million attendees, with 46% from overseas.
DWTC’s 2023 Economic Impact Assessment (EIA) Report, based on its 76 large-scale events (2000 or more attendees) revealed an impressive surge in the total economic output, reaching US$4.98 billion, marking an incredible 40% YoY increase, with high returns for adjacent industries such as Travel, Accommodation and Retail, connected to the Meetings Incentives Conferences and Exhibitions (MICE) ecosystem.
DWTC’s large-scale events generated a substantial US$2.87 billion Gross Value Added (GVA) to Dubai’s GDP, retaining an impressive 58% of the total economic output locally. International participation soared by 53%, with overseas visitors driving 6.2 times more contribution than domestic counterparts.
Events hosted at DWTC supported 69,281 jobs, generating US$915 million in disposable household income for the city’s residents. The substantial economic impact of these events extends beyond direct revenue generation, fostering socio-economic development and contributing to Dubai’s status as a leading global business hub.
His Excellency Helal Saeed Almarri, Director General of DWTC Authority, said: “Aligned with Dubai’s Economic Agenda D33, we continue to spearhead efforts in sector diversification, reinforcing the city’s stature as a leading global business hub. The remarkable accomplishments of 2023, presented in the ‘DWTC Economic Impact Assessment Report’ demonstrate that Dubai’s MICE sector, driven by DWTC, remains a vital pillar of financial resilience and growth underscoring our accelerated strides towards sustainable socio-economic development. The increase in international participation, along with the significant economic impact generated across diverse sectors such as travel, accommodation and retail, highlights the city’s steadfast commitment to propelling business tourism.”
The venue’s formidable events portfolio strategically aligned with Dubai’s economic priorities, showcasing Healthcare, Medical, and Scientific; Information Technology (IT); and Food, Hotel, and Catering as the top contributors. These leading sectors collectively accounted for 59% (US$1.71 billion) of the GVA to Dubai’s economy, and 49% (747,468) of the total large-scale event visitation.
Adjacent sectors, including hotels, air travel, and local transportation experienced a significant boost in economic activity. The direct revenue generated through expenditure was nearly US$2.94 billion.
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Phishing, BEC, and Beyond: Tackling the Top Cyber Threats to UK Banks
KnowBe4’s new report finds that UK financial institutions face onslaught of cyberattacks at unprecedented rate
LEEDS, England, May 20, 2024 /PRNewswire/ — KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today released its report on cyber threats faced by the financial sector in the UK. The report examines the escalating rise of cyberattacks on this sector, the tactics deployed by cybercriminals and what financial institutions should do to safeguard themselves and their employees.
The report shows that, in general, the financial sector in the UK is under constant attack and that it is grappling to keep pace with ever-evolving cyber threats. A clear urgency is emerging for financial institutions to adapt their security strategies for dealing with more sophisticated cyberattacks as banking is shifting towards being fully digital.
Some key findings in the report reveal a startling landscape of cyber threats:
- The frequency of ransomware attacks on the financial sector in the UK doubled in 2023, showcasing an alarming escalation.
- Phishing and Business Email Compromise (BEC) remain the top threats to organisations, which includes financial institutions.
- AI-driven deepfake audio impersonations are notably on the rise.
- For the first time, cyberattacks, and their potential to disrupt essential services, were perceived as an acute risk, more so than geopolitical tensions, inflation, or economic recessions.
- There was a dramatic 81% surge in cyberattacks against UK financial institutions in the year following Russia’s invasion of Ukraine, outpacing the global increase of 61% during the same timeframe.
- Multiple UK banks are lacking basic online and app protections, including use of outdated and vulnerable web applications, failure to enforce secure passwords, and the absence of alerts for critical account changes.
The report further delves into the prevailing cyber threats in the sector as well as real-life examples. It also provides some practical advice on how financial institutions can protect themselves against cyber threats and cyberattacks.
Addressing the urgency of the situation, Javvad Malik, lead security advocate at KnowBe4 stated, “These findings underscore a stark reality for the UK’s financial sector – they are being attacked at an unprecedented rate. Cyber defences need to adapt with the same speed and intelligence as the threats themselves. In addition to traditional security strategies, fostering a culture of security awareness to mitigate the inherent human risk of any organisation is no longer optional; it is a cornerstone for survival against cybercrime.”
To download a copy of KnowBe4’s report on UK financial institutions, click here.
About KnowBe4
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 65,000 organizations around the globe. Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. The late Kevin Mitnick, who was an internationally recognized cybersecurity specialist and KnowBe4’s Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Organizations rely on KnowBe4 to mobilize their end users as their last line of defense and trust the KnowBe4 platform to strengthen their security culture and reduce human risk.
Media Contact
Amanda Tarantino
Public Relations Officer
KnowBe4
[email protected]
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Driven Properties Selects Yardi to Centralise Residential & Commercial Operations & Elevate Customer Experience
Dubai-based property management company to streamline management processes with a single cloud-based solution
Dubai, UAE, May 20, 2024 /PRNewswire/ — Yardi® is proud to announce that Driven Properties, a leading property brokerage, investment, and consultancy company, has chosen Yardi to enhance its property management operations and resident experience. Driven Properties, known for its extensive residential and commercial portfolios, offers customizable property solutions and wealth management services to clients across the UAE and abroad.
The implementation of the Yardi Residential Suite will allow Driven Properties to optimize their management operations comprehensively – from property marketing and resident screening to rent collection and maintenance. Yardi’s resident portal and app will enable residents to self-serve, enhancing convenience and accessibility by facilitating payments, lease renewals, personal detail management, and real-time maintenance updates.
“At Driven, we’re thrilled to adopt Yardi’s innovative technology to propel our operational capabilities to new heights and ensure unparalleled services for all stakeholders,” shared Grace Kenny, Director of Property Management at Driven. “With Yardi as our central property management platform, we will be able to streamline operations and improve communication across the business.”
“With Yardi’s cloud-based solutions, Driven can eliminate disparate systems, streamline its software requirements into a single solution, improve insights into portfolio performance, and enhance resident and investor relations,” said Said Haider, Senior Director of the Middle East at Yardi. “We are excited to announce Driven Properties as our latest client in the UAE and look forward to helping them further grow across the region.”
Experience how Yardi can seamlessly improve your residential operations with an end-to-end solution.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With over 9,000 employees, Yardi is working with clients globally to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.ae
About Driven Properties
Driven Properties is an award-winning real estate brokerage and property management company headquartered in Dubai. Since its inception in 2012, the company has been raising standards for the industry, and has grown into one of the leading full-service real estate consultancies in the region.
In a city that is synonymous with real estate, our deeply knowledgeable consultants are offering their expertise and unparalleled service to most demanding clients from all over the world. Driven Properties is a member of Forbes Global Properties, a consortium of 100 best brokerages in the world.
For more information, visit drivenproperties.com.
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