AI-Media set to Showcase Cutting-Edge Captioning Solutions at Broadcast Asia Expo 2024

AI-Media set to Showcase Cutting-Edge Captioning Solutions at Broadcast Asia Expo 2024
AI-Media, world leaders in AI-powered captioning solutions, announces its participation in the Broadcast Asia Expo 2024, held from May 29th to 31st at the Singapore Expo. At Booth #5L3-3, AI-Media will unveil its latest advancements in broadcast captioning technology, designed to revolutionize the industry.

SINGAPORE, May 22, 2024 (GLOBE NEWSWIRE) — AI-Media, world leaders in AI-powered captioning solutions, announces its participation in the Broadcast Asia Expo 2024, held from May 29th to 31st at the Singapore Expo. At Booth #5L3-3, AI-Media will unveil its latest advancements in broadcast captioning technology, designed to revolutionize the industry.

At AI-Media’s booth, visitors will have the opportunity to explore a range of cutting-edge products, including AI-Media’s automated captioning solution, LEXI, and the newly launched LEXI Recorded. The booth will feature live demo stations for both LEXI and LEXI Recorded, allowing attendees to see these solutions in action. These innovations highlight AI-Media’s commitment to delivering groundbreaking, cutting-edge solutions in broadcasting technology.

AI-Media’s LEXI and LEXI Viewer solution will be showcased throughout the event on the Broadcast Asia stage in Hall 6 of the venue. AI-Media will be captioning all sessions happening live on stage, demonstrating our cutting-edge captioning solutions in real-time and highlighting their advanced capabilities.

AI-Media’s Commitment to Innovation

Broadcast Asia Expo 2024 provides an important platform for us to showcase our latest innovations in captioning technology,” said James Ward, Chief Sales Officer at AI-Media. “We look forward to demonstrating how AI-Media’s solutions, including our advanced AI captioning and translation solution, LEXI, can revolutionize the broadcast industry, setting new standards in efficiency and accessibility.”

Present at the booth will be key members of the AI-Media APAC team including Declan Gallagher, General Manager; Gordon Chua, Business Development Manager; and Rob Waller, Technical Sales. With extensive experience in the broadcast industries, they will all be available for personalized meetings to discuss how AI-Media’s solutions can benefit various broadcasting needs.

Explore world-leading captioning solutions by AI-Media:

LEXI – The Leading AI-Powered Captioning Solution

LEXI stands at the forefront of AI-powered captioning, delivering unmatched accuracy and innovative features for live TV, streaming, meetings, and events. For the first time in February 2024, AI-Media was able to unveil groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional human workflows. With advanced capabilities such as speaker identification and intelligent caption placement, attendees can witness LEXI’s performance through live demonstrations at Booth #5L3-3.

LEXI Recorded – Revolutionizing Captioning for VOD Content

The newly launched LEXI Recorded offers rapid turnaround times for time-sensitive recorded content. Utilizing AI-powered automation, this solution streamlines the captioning process, enabling media professionals, content creators, and broadcasters to deliver accessible content with remarkable speed and accuracy.

SDI and IP Encoders

AI-Media provides a comprehensive range of SDI and IP caption encoders, such as the HD492 (Encoder Pro) and ALTA MPEG – TS and 2110 versions, powered by advanced EEG technology. These encoders cater to diverse captioning requirements and seamlessly integrate with AI-Media’s flagship AI-powered solution, LEXI, ensuring unparalleled accuracy and efficiency.

Experience AI-Media’s advanced captioning solutions firsthand at Broadcast Asia Expo 2024. From SDI encoders to the innovative LEXI, LEXI Recorded, LEXI DR, and more, AI-Media continues to set new standards in captioning technology. Visit us at Booth #5L3-3 to explore these advancements and schedule a personalized meeting with our team.

Book a meeting here: Calendly
Register for the event here: Asia Tech x Singapore Registration

For more information about AI-Media and its groundbreaking captioning solutions, visit:

AI-Media: AI-Media: AI-Powered Captioning Technology & Solutions

LEXI : https://www.ai-media.tv/our-products/lexi-ai-powered-captioning-tool-kit/lexi-asr/

LEXI Recorded: https://www.ai-media.tv/our-products/lexi-ai-powered-captioning-tool-kit/lexi-recorded/

About AI-Media:

Founded in Australia in 2003, AI-Media is a pioneering technology company specializing in innovative captioning workflow solutions. As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide. For the first time in February 2024, AI-Media was able to unveil groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional human workflows. This milestone further solidifies AI-Media’s position as the foremost AI technology leader in live and recorded captioning workflow solutions. With a commitment to utilising our deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity in their content. Ai-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c4e5111-d406-4194-a13c-03f80ce8ff74

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 9121909

Formation ’24 – The Premier Tech Conference for Insurance Industry Leaders – Kicks Off in Dallas

The Pinnacle Gathering of Global Insurance and Technology Innovators Convenes in Dallas, Texas

BOSTON, May 22, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, kicks off Formation ’24. The event takes place at the Omni Dallas Hotel in Dallas, Texas.

This year’s theme, “Simplifying Together,” is focused on working with customers and partners to simplify the complexity of insurance. Formation ’24 is an unparalleled event experience featuring enriching content, extensive industry networking opportunities, and memorable activities.

Simplifying Together at Formation ‘24

Formation ’24 features esteemed customers sharing best practices and firsthand experiences in implementing Duck Creek and partner ecosystem innovations, in addition to Duck Creek leaders providing insight into industry trends and technologies for the year ahead.

“Formation is a special event that allows Duck Creek to engage directly with our customers and prepare them for the year ahead,” says Mike Jackowski, Chief Executive Officer, Duck Creek Technologies. “We are fortunate to work with many innovative insurance companies that are seen as leaders in our industry. The world of P&C and general insurance increasingly faces many complexities and challenges, and together, we are building solutions to simplify processes and help insurers focus on what matters most.”

Jackowski will take the main stage to discuss these challenges in depth and offer solutions. After giving his perspective on the state of the industry and how Duck Creek rises to meet these challenges, Jackowski will be followed by customers and other Ducks to provide a deep dive into topics such as how evergreen Software-as-a-Service (SaaS) and Active Delivery via the Azure Cloud have helped streamline underwriting for growth, profitability, and risk management.

Covering the Complexities of Insurtech

In addition to main stage general sessions, Formation ‘24 will host 40 general and hyper-focused breakout sessions covering every aspect of the P&C insurance industry attendees have top of mind. Sessions will cover AI and machine learning in insurtech, distribution management and risk management, cloud environments, automation, successful migration strategies, and so much more.

A highlight of the event includes a panel breakout session, “The Future of Insurance in Action,” featuring influential industry analysts as guest speakers. This panel discussion will focus on how insurers think about AI and the business and technology initiatives they are considering.

“Formation is a way for Duck Creek to showcase our commitment to investing in our customers,” says Chris McCloskey, Chief Operation Officer, Duck Creek Technologies. “We take pride in assisting customers in their growth and achieving business value, and at Formation ‘24, we bring together customers and partners to discuss how we can all work together with the right technology to simplify the process and reach the right outcomes.”

The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘24, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Carley Bunch
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 9121720

The head of the Communications and Media Commission confirms Iraq’s endeavor to restore its leadership role by promoting freedom of expression, pluralism, and combating misinformation


The Media and Communications Commission confirmed Iraq’s commitment to international media conventions, and its endeavor to restore a pioneering role in the region by promoting freedom of expression, pluralism, and combating misinformation.

During the expanded workshop on the digital age, freedoms and democracy in Iraq, which was held at the UNESCO headquarters in Paris, the head of the Commission, Ali Al-Muayyad, reviewed the great development witnessed by the media reality in Iraq after the year 2003, when the number of media outlets clearly increased, and all social components became represented by media outlets.

He also highlighted the qualitative achievement achieved in consolidating press freedom in Iraq, which was culminated in the historic decision of the President of the Supreme Judicial Council, Faiq Zaidan, not to prosecute or arrest journalists and media professionals for any administrative or functional violations of their institutions.

Al-Moayyad stressed, ‘The current Iraqi government pays g
reat attention to supporting and developing media institutions,’ noting the recent approval to establish a specialized media city in accordance with international standards.

The Chairman of the Commission called on UNESCO and the participating elites to visit Baghdad and learn about the unique Iraqi democratic experience closely, urging all media organizations and institutions to be present directly in Baghdad to convey the true picture of Iraqi society, which is strongly making its way toward the better.

Al-Moayyad stressed the importance of combating the misuse of social media to spread hate speech and incite violence, pointing to the Commission’s efforts to send millions of text messages annually to enhance community security and combat extremism.

Source: National Iraqi News Agency

The occupation arrests 8 citizens, including 4 brothers from Hebron Governorate

Hebron – Together – Today, Wednesday, the Israeli occupation forces arrested eight citizens from the Hebron Governorate, including four brothers, after raiding and searching many citizens’ homes, and confiscating gold jewelry, money, and checks from a house in the city of Yatta.

Ratib al-Jabour, coordinator of the National and Popular Committees to Resist the Wall and Settlements in South Hebron, said that the occupation forces stormed, at dawn today, several homes of the Shawaheen family in Yatta, searched them, vandalized their contents, and confiscated money, checks, and gold jewelry belonging to the citizens who were arrested, and they are the brothers: Yasser, Nasser. , Ali, Musa Muhammad Ebadah Al-Shawaheen, and the raid lasted several hours.

The occupation forces also arrested three citizens from the town of Bani Naim, east of Hebron, after raiding and searching their homes. They are: Mustafa Ali Al-Manasra, Alaa Jad Al-Manasra, and Dhia Ali Al-Taraira.

The occupation forces also arrested citizen Ja
mal Nasser Al-Badi from Al-Arroub camp in the north, after raiding his house.

Local sources reported that the occupation forces stormed Al-Fawwar camp in the south, raided several homes, searched them, and vandalized their contents.

Source: Maan News Agency

Culture and UNESCO stress the importance of supporting the cultural sector in Palestine

Ramallah – Together – Minister of Culture, Imad Hamdan, during his meeting with the representative of the United Nations Educational, Scientific and Cultural Organization (UNESCO) in Palestine, Noha Bawazir, today, Wednesday, stressed the importance of supporting the cultural sector in Palestine, specifically in the Gaza Strip, especially artists, writers and authors who document History through their daily observation of the forms of war.

The two parties discussed the damage and impact of the aggression on everything related to intangible heritage in Gaza, as well as on artists and the artistic and creative sector in general.

The two parties stressed the necessity of forming a national team to document and inventory these damages, as UNESCO affirmed its readiness and willingness to accompany the Ministry in this effort and provide the necessary technical support.

The two parties discussed the field of joint work within the framework of the 2005 UNESCO conventions on the diversity of cultural expressions,
and the 2003 conventions for the protection and preservation of intangible heritage.

Source: Maan News Agency

UNIDO Palestine organizes a regional meeting in Cairo on clean technology solutions

Under the title: Clean technology solutions for early recovery and reconstruction in the Gaza Strip and green economic recovery in the West Bank

Cairo – Together – The United Nations Industrial Development Organization (UNIDO) in Palestine concluded, today, Tuesday, a regional meeting for investment in clean technology, which continued over two days, in the Egyptian capital, Cairo, entitled: ‘Clean technology solutions for early recovery, reconstruction in the Gaza Strip and recovery.’ The green economy in the West Bank.

UNIDO said in a statement issued by it that the meeting comes ‘as a pioneering initiative aimed at enhancing the transformative power of clean technologies for early recovery, reconstruction and economic recovery in post-conflict scenarios, and facilitating communication between Palestinian entrepreneurs in the field of clean technology and investors from the Republic of Egypt.’ Arab and the region.

The meeting, which was organized within the framework of UNIDO’s ‘Sustainable’ program, fun
ded by the European Union and implemented in partnership with the Ministry of National Economy, in cooperation with the Energy and Natural Resources Authority, aimed to encourage investment in sustainable solutions that focus on early recovery and reconstruction in the Gaza Strip and recovery. The green economy in the West Bank.

The meeting was organized in partnership with the European Union Representative Office in Jerusalem and the Ministry of National Economy, and included two sessions. The first session presented the visions of high-level speakers, including representatives from the United Nations, the European Union, and the Palestinian government, who discussed the pivotal role of clean technology in promoting innovation in Economic development, especially in developing countries and post-conflict areas.

The second session highlighted a group of Palestinian startup companies: Agriotech, Aquai, Eco-Bricks, Daleel Key, Flowless, Free Wind Turbine, Glean Sorting and Recycling, Ice-Tech, and Green Agri P
al. , Nanotechnology for Water and Environmental Systems, Palgy, Plastic to Fuel Gaza, Sustain Tech, Solar Food, and Syngas, showcasing their innovative solutions and growth models.

UNIDO added, ‘The Gaza Strip, which has been devastated by unprecedented (Israeli) military operations since October 2023, is suffering from a severe humanitarian crisis. Vital infrastructure, including housing, energy, water, sanitation, industry, health and education facilities, has been severely affected.’ ‘This poses continuing challenges to recovery and reconstruction efforts.’

She stressed that urgent action on the ground is necessary to meet the urgent needs of the Palestinians in the Gaza Strip, and that support is necessary to provide the private sector and institutions in the West Bank with the necessary means to overcome the severe economic recession that they are currently suffering from.

She noted, ‘Amid these challenges, clean and green technology solutions are emerging as vital catalysts for early recovery and gr
een rebuilding efforts for the Gaza Strip, offering sustainable alternatives to meet immediate infrastructure needs while enhancing long-term resilience. Renewable energy sources also offer opportunities to mitigate energy shortages.’ electricity and ensuring reliable and sustainable energy supplies for homes, businesses and essential services.’

She pointed out that ‘integrating green technologies into the reconstruction process works to enhance environmentally friendly restoration processes, with a focus on sustainability in construction, energy efficiency, and developing environmentally friendly infrastructure. For investors, investing in the clean technology sector represents an opportunity to support emerging companies with Social and environmental awareness, which has great growth potential, especially in post-conflict contexts.’

During the opening session, the representative of UNIDO in Egypt, Patrick Jean Guilabert, said, ‘The clean technology solutions offered today by Palestinian startups are an ex
ample of flexibility and innovation, demonstrating their ability to seize opportunities and achieve maximum results.’

He added: ‘These startups represent inclusive entrepreneurship, led by skilled and creative women and men, with the aim of stimulating job creation. We welcome these startups that can make a difference not only in Palestine but also in Egypt and the region. As such, UNIDO Egypt We are committed to facilitating this partnership and supporting the development of networking opportunities.’

In this context, the Deputy Special Coordinator, Resident Coordinator in the Office of the United Nations Special Coordinator for the Middle East Peace Process, and Humanitarian Coordinator in the Palestinian Territory, Muhannad Hadi, emphasized the broader impact of these initiatives.

Hadi said: ‘This pioneering initiative confirms the pivotal role of green and flexible clean technology solutions in providing emergency responses and early recovery, once they can be implemented on the ground. It also emphasi
zes the importance of rebuilding the economy and urban fabric in the Gaza Strip in a better way, as well as in reviving the economy of the West Bank, Especially in light of the ongoing challenges.’

In turn, the Head of Cooperation at the European Union Office in Jerusalem, Ibrahim Al-Afia, highlighted the economic necessity and the role of sustainable energy.

Al-Afiya said: ‘The current unprecedented crisis has contributed to a rapid increase in the cost of energy, especially for companies and industries, which has worsened Palestinian economic estimates. This obliges the Palestinian public and private sectors to focus on sustainable energy solutions, which can be an excellent tool for mitigation.’ From the impact of the crisis and enhancing the competitiveness of the Palestinian industrial sector.’

He added, ‘The dynamic Palestinian startups in the field of clean and green technology supported by the Mustadama program, which presented their presentations at this regional meeting, are the best actors who c
an provide a response by imagining highly innovative solutions.’

For his part, the CEO of the Palestinian Investment Promotion and Industrial Estates Authority, Ahmed Al-Haj Hassan, referred to the strategic initiatives for innovation and market access.

Hajj Hassan said: ‘Enhancing innovation capacity, facilitating technology transfer, and enhancing market access are at the core of the mission of the Palestinian Investment Promotion Authority and Industrial Estates, and its strategy is consistent with the vision presented by UNIDO’s Palestine Clean Technology Innovation Programme, which aims to enhance Industrial competitiveness through innovative and flexible clean technology ideas.’

He added, “This approach is pivotal not only in promoting the green transition but also in promoting sustainable recovery and reconstruction in the Gaza Strip, along with green economic recovery in the West Bank.”

For his part, the Director of Programs and Head of the UNIDO Office in Palestine, Ahmed Al-Farra, touched on the
comprehensive goal of the meeting and the required joint effort.

Al-Farra said: ‘We are committed to taking advantage of clean technology for the early recovery and reconstruction of the Gaza Strip, with the aim of reviving the economy, including the West Bank, and restoring hope for the future.’

He added: ‘The innovative solutions proposed by startups provide the dual benefits of environmental regeneration and economic reuse. These solutions also address the critical relationship between the energy, food and water sectors, providing opportunities to rebuild infrastructure and enhance food production under difficult conditions. It is necessary to enable Implementing these solutions, taking advantage of the unique match to the local context.’

He continued: ‘To support this initiative, our goal is to create a collaborative platform with partners to develop and disseminate these solutions, not only in Palestine but also in other conflict-affected areas.’

During the second session, which was moderated by Ulga
r Rataj, the Industrial Development Officer in the Global Clean Technology Innovation Program at UNIDO, the participating Palestinian startups presented their solutions before a committee that included: Program Director and Head of the UNIDO Office in Palestine, Ahmed Al-Farra, and the CEO of the Investment and Cities Promotion Authority. The Palestinian industrialist Ahmed Al-Hajj Hassan, the private sector development advisor at UNIDO, Bashir Al-Rayes, the industrial development expert at UNIDO, Anna Chiara Scandoni, and the Vice Chairman of the Board of Directors of the Palestinian Trade Center (PalTrade), Faisal Al-Shawa.

The second day of the meeting also included a busy agenda for the UNIDO mission in Palestine with investors and business leaders, and various meetings aimed at promoting new investment opportunities for emerging companies and strengthening business relations within the broader regional network.

UNIDO said: ‘These efforts highlight our commitment to supporting emerging companies in thei
r growth and expansion, which drives sustainable economic development in the Gaza Strip and the West Bank.’

She stated that ‘Sustainable’ is a comprehensive five-year program extending until the end of 2024, and its primary mission is to enhance competitiveness within the Palestinian industrial sector through effective promotion and facilitation of the adoption of sustainable energy solutions.

She pointed out that the program aims to lay the foundations for an environment suitable for renewable energy and energy efficiency for Palestinian industry, through developing policies, expertise and clean technology innovations that would help alleviate the ongoing shortage of energy sources and high electricity costs that have been a reality in Palestine for decades.

She said: With a primary focus on small and medium-sized enterprises operating in these sectors such as furniture, food, agriculture, metal industries, building materials and clothing, in addition to other priority sectors identified in Palestine, the
‘Sustainable’ program works to facilitate the activation and enforcement of energy and energy efficiency guidelines. Renewable energy, and supports the implementation of model projects that showcase the benefits of innovative, locally manufactured sustainable energy solutions, and encourages the expansion of these solutions in the industrial sector. The ‘Sustainable’ program also contributes to the global environment by reducing greenhouse gas emissions and the use of fossil fuels among targeted industries.

She added: The program consists of four interconnected elements: strengthening the policy and regulatory environment for renewable energy and energy efficiency in the industrial sector, developing local capabilities to design and implement renewable energy and energy efficiency projects in the industrial sector and thus promoting the creation of green job opportunities in the energy sector, and creating demand for energy technologies. Clean technology in the industrial sector, supporting the green economy
agenda, and promoting innovation and entrepreneurship in the clean technology sector.

She added that the program is funded by the European Union and implemented by the United Nations Industrial Development Organization (UNIDO) in partnership with the Ministry of National Economy in cooperation with the Palestinian Energy and Natural Resources Authority.

Source: Maan News Agency

Minister of Women: Our first priority is to protect women who are victims of occupation violence and crimes

Ramallah – Ma’an – Minister of Women’s Affairs, Mona Al-Khalili, stressed that the first priority of the Ministry of Women’s Affairs at the current stage is to protect women who are victims of the violence and crimes of the occupation, especially what women in the Gaza Strip and our people in general are exposed to in terms of a war of genocide and atrocities in the Gaza Strip and in the West Bank. She stressed that confronting the consequences and effects of aggression against women, supporting them, and exposing the occupation’s violations against women requires cooperation, integration, and harmony between various official and civil institutions, especially the Ministries of Women’s Affairs and Social Development.

This came during Minister Al-Khalili’s meeting today with the Minister of Social Development, Dr. Samah Abu Aoun. The meeting focused on discussing areas of intersection, partnership and cooperation between the two ministries in the service of Palestinian women and their issues in political part
icipation, social and legal protection, and empowerment in its various forms.

The meeting focused on ways to support women in the Gaza Strip at various levels, the institutional arrangements to achieve this, and openness to a real partnership with civil society institutions and various components of Palestinian society. The two ministers also discussed intersectional files, common issues, and how to achieve policy and program harmony in issues of protection, relief, and empowerment in a way that achieves the best interest of women.

Al-Khalili stressed the keenness of the Ministry of Women’s Affairs to consolidate institutional arrangements with the Ministry of Social Development, and its keenness to activate joint national committees and mechanisms between the two ministries to ensure outcomes worthy of the status of Palestinian women.

For her part, the Minister of Social Development expressed full readiness for cooperation and coordination between the two ministries, especially in the field of relief, sup
port and protection of women in the Gaza Strip. The Minister presented the programs and activities of the Ministry of Social Development in the field of relief, combating poverty, and protection for women.

The Minister of Social Development stressed the Ministry’s readiness to cooperate in the field of reviewing and developing legislation, policies, systems and procedures related to women in a way that ensures the advancement of the situation of Palestinian women at various levels.

At the end of the meeting, it was agreed to complete the discussion of various issues and intersections between the two ministries in order to reach a clearly defined and implementable plan.

Source: Maan News Agency

Decrease in merchandise exports and imports observed during the month of March

Ramallah – Ma’an – The Central Bureau of Statistics reported a decrease in merchandise exports and imports observed during last March, compared to the same month in 2023.

The statistics stated in a statement today, Wednesday, that merchandise exports decreased by 18% during the month of March of 2024 compared to the month of March of 2023, reaching a value of 122.4 million US dollars.

He pointed out that exports to Israel decreased during the month of March of 2024 by 17% compared to the month of March of 2023, and exports to Israel represented 88% of the total value of exports for the month of March of 2024. Exports to the rest of the world also decreased by 23%. Compared to March 2023.

As for merchandise imports, they decreased during the month of March of 2024 by 29% compared to the month of March of 2023, reaching a value of 521.5 million US dollars.

Imports from Israel also decreased during the month of March of 2024 by 25% compared to the month of March of 2023, and imports from Israel constituted 5
8% of the total value of imports for the month of March of 2024. Imports from the rest of the world also decreased by 34% compared to March of 2023.

As for the trade balance, which represents the difference between exports and imports, it recorded a decrease in the value of the deficit by 32% during the month of March of 2024 compared to the month of March of 2023, when the value of the deficit reached 399.1 million US dollars.

Source: Maan News Agency

An environmental center warns of the decline in biodiversity in Iraq


The Iraqi Center for Environmental Monitoring warned, on Wednesday, of the decline in biodiversity in Iraq, due to climate change and human threats.

In a statement on the International Day for Biological Diversity, today, Wednesday, the Center urged the Iraqi authorities to take urgent practical measures to protect the country’s biodiversity, which is exposed to many threats, including declining water resources, high temperatures, and scarcity of rain, pointing to ‘the necessity of controlling poaching of all animals and the bulldozing of agricultural lands, as well as pollution resulting from industrial and oil activities.

The center called for activating and approving legislation related to the protection of biological diversity, re-registering and documenting species and reference classifications of local organisms, and working to declare and register protected areas.

Source: National Iraqi News Agency

UAE China Tyre & Auto Parts Expo kicks off May 27 with over 300 exhibitors

SHARJAH: Capitalising on the zooming auto automotive aftermarket and service industry in the country and the region, the UAE China Tyre and Auto Parts Expo is set to see an impressive rise in the number of exhibitors taking part in its upcoming edition.

Aiming to provide the regional market direct access to the Chinese tyre and auto parts industries, the 3rd UAE China Tyre and Auto Parts Expo 2024 will get under way at Expo Centre Sharjah from May 27, 2024, organisers announced at a press conference.

Organised by Inter Commerce Expo Corporation in association with Shandong Port Overseas Supply Chain (Qingdao) Co., Ltd. and Hualun Inter Tech FZCO, the three-day event will continue until May 29. The event is supported by the Sharjah Chamber of Commerce and Industry (SCCI).

The 3rd UAE China Tyre and Auto Parts Expo 2024 will host nearly 300 exhibitors from China, a 130 percent rise in the number of exhibitors when compared to the previous show which featured more than 130 participants.

This was reveal
ed at the press conference held at Expo Centre Sharjah on Wednesday (May 22). It was addressed by Jamal Saeed Bouzanjal, Director of the Corporate Communication Department at SCCI, Wang Dong, Chairman of the board of Shandong Port Oversea Supply chain (Qingdao) Co.,Ltd, Liu Ju’an, CEO of Shandong Port Oversea Supply chain (Qingdao) Co.,Ltd, Host of the UAE China Tyre and Auto Parts Expo, Yang Xue, Representative of Shandong Business Office in West Asia and Africa, and Zhou Runcheng, Department Director of Inter Commerce Expo Corporation, in addition to officials from both sides.

Jamal Bouzanjal highlighted the importance of the UAE China Tyre and Auto Parts Expo as a crucial platform for fostering business connections and exploring the latest innovations in this vital industry.

He further noted that the event provides a valuable opportunity for Chinese manufacturers to strengthen their presence and expand in various regional markets.

He emphasised the Sharjah Chamber’s commitment to supporting the even
t is a testament to its pivotal role in advancing the auto parts trade sector, which is experiencing notable growth in the UAE and the wider region.

For his part, Liu Ju’an, Host of the UAE China Tyre and Auto Parts Expo, said: ‘The 130 percent increase in the number of participants is an impressive rise in the number of exhibitors for any trade fair. This is only the third edition of the UAE China Tyre and Auto Parts Expo and we are happy to see such impressive growth in such a short span of time. This underscores the growing trade relations between the UAE and China and the strong expansion being witnessed in the regional automotive aftermarket and service sector. The Expo is now one of the best events in the region where one can explore the latest parts, components, equipment, tools, technologies, tyres or services.’

‘China’s automotive exports are on the rise, driven by technological advancements, supply chain advantages, and strategic bilateral relations. Chinese manufacturers are also increasing t
heir scale and their competitiveness is constantly improving, especially in the new energy vehicle industry. Thus, the UAE China Tyre and Auto Parts Expo is uniquely placed to tap into the Chinese supply chain that is relatively stable, leading to consistent production, minimal cost fluctuations, and improved international competitiveness,’ said Wang Dong, Chairman of the board, Shandong Port Oversea Supply chain (Qingdao) Co.,Ltd.

The regional automotive aftermarket is driven by a rise in new vehicle sales, localised production, rising demand for vehicle modification, and other macro-economic factors such as a strong local economy and rise in population growth. It will be a gathering point for decision makers across aftermarket and supply chain, including garages, body shops, retailers, dealers, detailing, vehicle manufactures and more.

Apart from a comprehensive display of all types of auto parts and tyres, the event will also feature forums that will discuss topics related to the industry and technolog
y.

Source: Emirates News Agency