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Saudi Arabia’s Public Investment Fund (PIF) is reportedly aiming to increase its stake in the renowned UK department store Selfridges to 50%. This development follows documents reviewed by Bloomberg News, indicating a significant shift in the retail landscape. The move comes as Selfridges co-owner, the Weston family, considers adjusting their ownership structure amidst evolving market conditions. Selfridges, established in 1908 by Harry Gordon Selfridge, has been a […]

flydubai, the Dubai-based airline, recently marked its third anniversary of operating flights to Salzburg, Austria, solidifying its role as a pivotal player in connecting the UAE with this picturesque European destination. Since its inaugural flight on July 19, 2021, flydubai has been instrumental in bridging the gap between the bustling metropolis of Dubai and the charming alpine city of Salzburg, offering travelers a seamless connection between two […]

Big Organisational Rejig Planned By BJP Leadership In Uttar PradeshBig Organisational Rejig Planned By BJP Leadership In Uttar PradeshBy Rahil Nora Chopra The Lok Sabha election results in Uttar Pradesh signify a dramatic change in the state’s political fabric, with Akhilesh Yadav-led Samajwadi Party springing up a surprise and making eminent electoral gains against the powerful BJP. Samajwadi Party won 37 out of the 80 seats – making this its biggest performance ever […]

Recent studies have raised alarms about the potential extinction risk posed by climate change to Neotropical montane epiphytes. These unique plants, which thrive in the cloud forests of Central and South America, are increasingly vulnerable due to shifting climatic conditions and habitat degradation. Neotropical montane epiphytes are integral to their ecosystems, providing critical habitats for a variety of wildlife and contributing to the ecological balance of cloud […]

According to the latest preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments experienced a notable increase of 6.5% year-over-year, reaching a total of 285.4 million units in the most recent quarter. This growth marks a significant rebound from previous periods of stagnation and reflects an ongoing recovery in the smartphone market. The data highlights a strong resurgence in demand […]

OxPay to expand its services by issuing credit cards, enhancing its position in the competitive fintech market. New CEO Yick Li Hsin leads the charge in exploring new markets and business opportunities. Strategic partnerships and collaborations aim to increase merchant acquisition and market presence. SINGAPORE – Media OutReach Newswire – 19 July 2024 – OxPay Financial Limited (SGX: TVV) (“OxPay” or the “Company”, and together with its […]

HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – Online Rich, an award-winning cross-border e-commerce entrepreneurship platform, marks its fifth anniversary this year. A key business unit of Good Timing Holding Limited, Online Rich specializes in providing a one-stop service for e-commerce startups, helping them build and expand their global business from scratch. Over the past year, Online Rich has not only conducted multiple […]

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DP World and Turkey’s Evyap Group have unveiled a strategic partnership to develop a state-of-the-art logistics hub in Turkey, marking a significant expansion in global logistics capabilities. This ambitious project aims to enhance the efficiency of the supply chain between Europe, the Middle East, and Asia, leveraging Turkey’s strategic geographic location. The new logistics hub will be situated in Istanbul, a critical node in global trade routes. […]

TANGERANG, INDONESIA – Media OutReach Newswire – 19 July 2024 – At the Gaikindo Indonesia International Auto Show (GIIAS) 2024, VinFast officially delivered the first VF e34 C-SUVs to pioneering customers in Indonesia, marking a promising new chapter in the nation’s green transportation journey. Thrilled customers receive their VF e34s and experience other VinFast electric car models at GIIAS. The first VF e34 cars were delivered to […]

Investing HK$400 million to Build a 150-member Team and Leading AI and Medical AI Development in Hong Kong HONG KONG SAR – Media OutReach Newswire – 19 July 2024 – iFLYTEK Co., Ltd., renowned in the Asia-Pacific region and a leading listed company specialising in intelligent speech and Artificial Intelligence (AI), along with its subsidiary Xunfei Healthcare Technology Co., Ltd., is establishing an international headquarters at Cyberport […]

As preparations for the Paris Olympic Games intensify, a notable emphasis on sustainability is emerging as a central theme. Organizers have unveiled comprehensive plans to make this event one of the most environmentally friendly in Olympic history. From renewable energy usage to sustainable construction practices, the Paris 2024 Olympics aims to set a new benchmark for future global sporting events. The organizing committee has committed to a […]

HANOI, VIETNAM – Media OutReach Newswire – 19 July 2024 – In a bold move against the prevailing headwinds in the electric vehicle (EV) industry, VinFast, the young Vietnamese EV manufacturer, is forging ahead with its ambitious global expansion plans. While major players like Apple have recently abandoned their decade-long pursuit of an electric vehicle, and others are scaling back their ambitions, VinFast remains undeterred. Having already […]

Saudi Arabia’s Almarai Company has signed a substantial SR60 million ($15.9 million) agreement with marketing logistics firm 30Export. This deal, signed in the presence of key industry figures such as Minister of Industry and Mineral Resources Bandar Alkhorayef and Saudi Export Development Authority (SEDA) CEO Abdulrahman Al-Thukair, marks a significant step in Almarai’s efforts to enhance its international trade capabilities. The formalities were completed by Abdullah Al-Bader, […]

The company announces new payout support in multiple countries, serving a wider audience of digital nomads as it expands its services and operations to Latin America and Southeast Asia SAN FRANCISCO, US – EQS Newswire – 18 July 2024 – Y Combinator alum Grey (https://Grey.co) a B2C cross-border payments startup founded in 2020, is expanding its services and operations to Latin America (LATAM) and Southeast Asia (SEA). […]

SINGAPORE – Media OutReach Newswire – 18 July 2024 – AgileAsia Pte Ltd, a provider of Agile training and certification, is proud to announce its collaboration with the Singapore University of Technology and Design (SUTD) to issue a Professional Certificate in Agile Project & Product Management. This partnership aims to enhance the skills of professionals in Agile practices, offering an advanced educational experience through the integration of […]

Arabian Post Staff -Dubai The United Arab Emirates (UAE) is poised to witness substantial growth in its debt capital market, with projections indicating a potential surge beyond $300 billion by 2025, according to a recent report by Fitch Ratings. The forecast reflects a robust expansion trajectory for the UAE’s financial sector, underpinned by strategic initiatives aimed at bolstering economic resilience and diversification. Fitch’s assessment underscores the country’s […]

By Dr. Gyan Pathak Approval by Prime Minister Narendra Modi for the revised composition of India’s official think tank, the National Institution for Transforming India (NITI) Aayog, on July 16, 2024, underscores beginning of a significant phase in the country’s future direction. It also underlines his political compulsions of leading a coalition government, as well […]

NEW YORK, US – Media OutReach Newswire – 17 July 2024 – Recently, UP ZOOM announced its expansion into the Thai market, demonstrating its ambitious plans for international growth. Since its inception, UP ZOOM has leveraged cutting-edge technologies such as artificial intelligence, big data, and machine learning to deliver efficient and personalized advertising solutions to clients worldwide. UP ZOOM has made substantial investments in technological research and […]

TANGERANG, INDONESIA – Media OutReach Newswire – 17 July 2024 – In pursuit of its goal to make electric vehicles more accessible in Indonesia, VinFast Auto is offering special promotions for customers who purchase the VF 5 and VF e34 models at the Gaikindo Indonesia International Auto Show (GIIAS) 2024, from July 18 to July 28, 2024. VinFast Indonesia’s Special Promotion Program at GIIAS 2024 Under the […]

Arabian Post Staff -Dubai Goldman Sachs is ramping up its investment strategies targeting the Middle East, following similar moves by its competitors. This strategic shift aims to capitalize on the burgeoning opportunities in the Gulf region, which has seen significant economic growth and investment potential in recent years. Goldman Sachs plans to introduce new strategies allowing the firm and its high-net-worth clients to invest in the Gulf’s […]

US retail sales remained unchanged in June 2024, surpassing expectations for a slight decline. This flat result followed an upward revision of a 0.3% increase in May, according to data released by the Commerce Department’s Census Bureau. Economists had anticipated a 0.3% drop in June sales after a modest gain in May. Despite the stagnation in retail sales, underlying trends indicate robust economic activity, potentially boosting growth […]

MANILA, PHILIPPINES – Media OutReach Newswire – 16 July 2024 – VinFast has officially opened its first three dealerships in the Philippines, reaffirming its commitment to providing Filipino consumers with modern and smart electric vehicles. Ms. Nguyen Thi Minh Ngoc – CEO of VinFast Philippines (center) cuts the ribbon to officially inaugurate VinFast’s first dealership in the Philippines. The three dealerships that opened today are VinFast Aseana, […]

SINGAPORE – Media OutReach Newswire – 16 July 2024 – In celebration of its 60th anniversary, PSB Academy (PSBA), one of Singapore’s leading private education institutions, is hosting a series of interactive installations to showcase the various upskilling and reskilling opportunities for Singaporeans across all walks of life in a fun and informative way. Themed ‘Skill Up, Stand Out with PSB Academy’, visitors will get a first […]

Facilitating Cross-Border Remittances for Local SMEs SINGAPORE – Media OutReach Newswire – 16 July 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License (MPI). This license will allow XTransfer to provide services including account issuance, domestic money transfer, […]

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