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Entrepreneur Middle East

First Day of Prime Day was the Single Largest Sales Day Ever on Amazon, Helping Make This the Biggest Prime Day Event Ever

Prime Day 2023 was also the biggest Prime Day event ever for independent sellers, whose sales growth in Amazon’s store outpaced Amazon’s retail business SINGAPORE – Media OutReach – 14 July 2023 – (NASDAQ:AMZN) – Amazon announced in Seattle that the first day of Prime Day, July 11, was the single largest sales day in company history. Over the course of the two-day shopping event, Prime members […]

SleekFlow debuts WhatsApp retail-tech solutions in UAE through L’Occitane ME’s first Accelerator Program, powered by Chalhoub Group’s The Greenhouse

DUBAI, UAE – Media OutReach – 11 July 2023 – SleekFlow, APAC’s leading SaaS omnichannel social commerce platform backed by Tiger Global, is proud to announce the launch of its omnichannel social commerce platform in the UAE. The market expansion officially kicks off with SleekFlow joining L’Occitane ME’s first Accelerator Program, powered by The Greenhouse, Chalhoub Group’s space for innovation and entrepreneurship. SleekFlow Team and L’Occitane ME […]

China’s Earlier High Growth Rate May Not Be Sustained, But Economy’s Potential Is Huge

By Girish Linganna The claim that China’s power is peaking is not new. For decades, there have been articles and books predicting that China’s rise is about to end and that its decline—or even collapse—is imminent. However, these predictions have always been wrong. Could this time be different? Let us examine the strongest arguments on […]

The post China’s Earlier High Growth Rate May Not Be Sustained, But Economy’s Potential Is Huge first appeared on IPA Newspack.

‘Bitmama’ helps central bank digital currency projects

Over the past ten years, the true believers of the cryptocurrency revolution have turned what was once considered the gallery of the financial world into a new trillion-dollar asset class. Now they are ready to receive congratulations counting their digital coins. At the same time, even among entrepreneurs, not everyone has a clear idea of what cryptocurrency is and how to work with it. This is how […]

Scroll and Newman Capital to Co-Host the First ETH Hong Kong Event, Empowering Web3 Builders in the Fast-Growing APAC Region

Ethereum leaders aim to strengthen Hong Kong as a gateway to the US$81.5 billion APAC market and access to 520K+ developers HONG KONG SAR – Media OutReach – 13 June 2023 – Today, Scroll, a leading native zkEVM scaling solution for Ethereum, and Newman Capital, a Web3 technology venture capital firm, are thrilled to announce their partnership as co-hosts of the highly anticipated ETH Hong Kong event. […]

Sharjah Media City partners with ‘Smartt. Studio’ to support global e-commerce

SHARJAH, 1st June, 2023 (WAM) — Sharjah Media City (Shams) and Smartt. Studio have joined forces in

XSGD expands multichain ecosystem with support on Hedera

XSGD is the first Southeast Asian fiat-backed stablecoin to launch on Hedera’s carbon negative network SINGAPORE – Media OutReach – 24 May 2023 – StraitsX, the Southeast Asia-based digital asset payment infrastructure, announced support for the StraitsX Singapore Dollar (XSGD) on the Hedera network. Since its launch in October 2020, XSGD has gained rapid adoption, surpassing over 7 billion XSGD in on-chain transactions, making it one of […]

Mahsuri Food Holds Ground Breaking Ceremony for a New Sauce and Condiment Plant in Malaysia

Providing high-quality Halal-certified sauce products to ASEAN region and beyond SEREMBAN, MALAYSIA – Media OutReach – 19 MAY 2023 – Mahsuri Food Sdn. Bhd. (“Mahsuri”), the manufacturer of Halal-certified products for the ASEAN region will fully operate a new manufacturing plant located in Bandar Enstek, Negeri Sembilan in early 2025 to expand its business locally and abroad. Mahsuri Food holds ground breaking ceremony for its new sauce […]

Telefield Medical Imaging Completed the Pre-A Round Financing Totalling Nearly 40 Million HK Dollars to Drive China’s Original Technological Innovations for Medical Imaging

HONG KONG SAR – Media OutReach – 19 May 2023 – Telefield Medical Imaging (TMI) Limited is the world’s leading provider of AI 3D ultrasound imaging technology, equipment and solutions. It offers a pioneering radiation-free 3D ultrasonic scoliosis assessment system called Scolioscan, which provides novel solutions for safe and efficient scoliosis assessment. The company has gained recognition and support from many well-known investment institutions and completed the […]

Flash Coffee Extends Series B Round to US$50 Million

SINGAPORE – Media OutReach – 11 May 2023 – Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of US$50 million following its latest closing. Existing investors including White Star Capital, Delivery Hero, Geschwister Oetker, and Conny & Co, participated in the financing round – with several of them further increasing […]

Bybit Opens Global Headquarters in Dubai on the Heels of 50% Increase in User Base

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 18 April 2023 – Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global headquarters in Dubai today. The second largest crypto exchange in the Middle East and North Africa (MENA)1 also revealed future plans to elevate its global presence with a stronger foothold in the region. Occupying a […]

Glints Forecasts Increased Demand from Hong Kong Employers for Skilled Southeast Asia Tech Talent

With a talent shortage, Hong Kong-based employers are becoming flexible and adaptable in building high-performing teams in markets like Indonesia, Vietnam, and the Philippines HONG KONG SAR – Media OutReach – 4 April 2023 – The Southeast Asia Startup (SEA) Talent Report 2023 released today by Glints, the leading talent platform and recruitment service in Southeast Asia, and Monk’s Hill Ventures (MHV), unveils the latest data and […]

DBS Continues To Be Studied As Model For Digital Transformation

Harvard Business School is the latest academic institution to capture the bank’s successful transformation journey in a case study that is being taught to its MBA students HONG KONG SAR – Media OutReach – 27 February 2023 – DBS continues to be studied as a transformation role model, with Harvard Business School (HBS) being the latest academic institution to capture the bank’s successful digital transformation journey in […]

Abu Dhabi GDP grows 10.5% in 2022

The economy of the oil-rich Abu Dhabi, which has proven crude oil reserve of 97 billion barrels, has recorded 10.5 percent growth in the first 9 months to a record Dh830 billion in 2022, according to a statement by Statistics Centre – Abu Dhabi (SCAD). Non-oil sectors contributed 50.3 percent to Abu Dhabi’s Gross Domestic Product (GDP), with an increase of Dh39 billion compared to the same […]

Asendia Expands Its Reach in North Asia with the Appointment of Joshua Mclarin as CEO of Asendia Hong Kong/ North Asia Today

HONG KONG SAR – Media OutReach – 6 February 2023 – Asendia, one of the world’s leading e-commerce logistics providers, today announced the strategic hire of Joshua Mclarin as CEO of Asendia Hong Kong/ North Asia. This is a major milestone for Asendia as Joshua will bring his expertise into helping Asendia cater for the growing market needs since its presence in North Asia in 2012. Joshua […]

Small and medium-sized enterprises (SMEs) management software Odoo opens local office to support Aussie companies to become more digitally savvy

GOLD COAST, AUSTRALIA – EQS Newswire – Odoo (https://www.Odoo.com/) is an all-in-one open source business software with a USD$ 3.2 billion valuation. Opening a new office branch in Varsity Lakes, Gold Coast by January 2023. Looking to hire at least 20 local talent and fresh graduates by the end of 2023. The goal is to expand Odoo’s mission to help SMEs in their journey to digitalisation and […]

Another Middle-Class Focussed Budget Would Mean Raw Deal To Vulnerable Sections

DBS Foundation and MakerBay Foundation Join Forces to Launch DBS InnoFuture Youth Programme

Over 90% of educators acknowledged the importance of digital literacy for careers The Programme aims to empower underserved youth with free digital training HONG KONG SAR – Media OutReach – 17 January 2023 – Over 90% of educators acknowledged that digital literacy, especially in artificial intelligence (AI), is essential for students in preparing for their future careers, an online survey conducted by MakerBay Foundation reveals. Additionally, more […]

DBS Foundation partners ImpactHK on “The Kind Kitchen” community project to serve the city’s underprivileged with food support

Two-year partnership helps provide 210,000 meals to people experiencing homelessness and empowers them to build their own social capital HONG KONG SAR – Media OutReach – 13 January 2023 – DBS Foundation, committed to championing social entrepreneurship and creating impact in the community, announced a two-year strategic partnership with ImpactHK to support The Kind Kitchen, a community kitchen to serve the underprivileged in need of food support. […]

MDIS Opens New Intake for Globally Recognised MBA Programme

To help local and international graduates better meet rising job market demands, MDIS announces the opening of three intakes for their 2023 MBA programme awarded by the University of Sunderland, United Kingdom SINGAPORE – Media OutReach – 27 December 2022 – The Management Development Institute of Singapore (MDIS) is opening its admission window for their Master of Business Administration (MBA) programme in 2023 come January. The Master’s […]

Prenetics Acquires ACT Genomics First M&A Deal since IPO Set to Expand Footprint in Cancer Genomics

Prenetics will be acquiring a majority stake in ACT Genomics Holdings Company Limited (“ACT”) for an upfront consideration consisting of 19.9 million shares of Prenetics common stock and US$20 million cash Prenetics expects ACT to contribute revenues of approximately US$25-30 million in 2023 Position Prenetics solidly within the US$80+ billion global precision oncology market Professor Tony Mok, Chairman of ACT, will join Prenetics Scientific Advisory Board, effective […]

UOB Hong Kong and the Hong Kong Palace Museum jointly present the inaugural Art in Ink Festival

Showcasing the beauty of the multi-faceted Chinese culture to the local and global audience through Chinese Ink Art HONG KONG SAR – Media OutReach – 7 December 2022 – UOB Hong Kong has joined hands with the Hong Kong Palace Museum (HKPM), Hong Kong’s newest cultural landmark in West Kowloon Cultural District, to present the inaugural Art in Ink Festival (the Festival) from 17 December 2022 through […]

New exhibition The Love of Couture: Artisanship in Fashion Beyond Time opens at K11 MUSEA on 8 December, 2022

HONG KONG’S PARAMOUNT FASHION, ART AND CULTURAL EXHIBITION OF THE YEAR DEVELOPED BY K11 IN COLLABORATION WITH THE WORLD’S LEADING MUSEUM – THE V&A AND AWARD-WINNING PRODUCTION DESIGNER WILLIAM CHANG SUK PING THE LOVE OF COUTURE: ARTISANSHIP IN FASHION BEYOND TIME OPENS AT K11 MUSEA ON 8 DECEMBER, 2022 HONG KONG SAR – Media OutReach – 2 December 2022 – Following its smash debut in 2021, K11’s […]

Gunung Raja Paksi bolsters commitment to the production of sustainable steel in Southeast Asia via two MoU signings with Fortescue Future Industries and KADIN

The recent new MoU signings are in line with GRP’s mission to decarbonise the regional steel industry as outlined in its most recently launched ESG Strategy Handbook JAKARTA, INDONESIA – Media OutReach – 14 November 2022 – PT Gunung Raja Paksi Tbk (GRP), a member of Gunung Steel Group and one of the largest private steelmakers in Indonesia today, reaffirmed their commitment towards sustainable steel manufacturing for […]