VinFast is striving for a first-mover advantage in the Middle East’s nascent EV market, aiming to establish early brand recognition and customer loyalty, paving the way for long-term success in the region. HANOI, VIETNAM – Media OutReach Newswire – 29 August 2024 – The race to dominate the electric vehicle market has begun, and VinFast, a subsidiary of Vingroup, Vietnam’s largest private conglomerates, is sprinting to the […]
Sustaining Momentum Fueled by Robust Global Demand for K-Beauty Products Results Highlights Revenue and net profit grew 80.2% to US$163.35 million and 610.6% year-on-year to US$11.1 million respectively, hitting first-half year historical high Revenue from beauty products, in particular Korean beauty (“K-Beauty”) products, increased 113.9% to US$149.4 million, contributing 91.4% of the Group’s total revenue While the US remained as the largest market, European Union became the […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 August 2024 – As the U.S. presidential elections approach, global financial markets brace for potential turbulence. Global broker Octa looks at the historical correlation between U.S. elections and stocks, gold, and the U.S. dollar. Economy The relationship between the party affiliations of the U.S. presidents and economic growth has been a topic of extensive research and debate. Historically, […]
By Nitya Chakraborty Former British Prime Minister Harold Wilson once said that a week is too long a time in politics. This was in the context of post-war turmoil in British politics. As regards India, it seems that the post 2024 Lok Sabha elections scenario is changing fast and the most affected has been the […]A significant security vulnerability in the LiteSpeed WordPress cache plugin has exposed more than 5 million websites to potential cyber threats. This flaw, which has been identified and confirmed by cybersecurity experts, allows attackers to exploit the plugin’s weaknesses and potentially gain unauthorized access to sensitive information. The vulnerability lies within the plugin’s handling of user input, which can be manipulated to execute malicious code. This issue […]
Fertiglobe, a major ammonia producer based in Abu Dhabi, has secured a groundbreaking deal to supply green ammonia to the European Union, marking a significant step in the global transition towards renewable energy. The agreement, a result of a competitive H2Global auction funded by Germany’s Federal Ministry for Economic Affairs and Climate Action, positions Fertiglobe as a key player in the EU’s renewable energy supply chain. Under […]
Kuwait and Iraq are engaged in a high-stakes competition to develop two massive port projects that promise to redefine trade routes and economic power in the Gulf region. With an estimated combined investment of $13 billion, the projects—the Grand Faw Port in Iraq and the Mubarak Al Kabeer Port in Kuwait—are set to become major hubs for global shipping. Iraq’s Grand Faw Port, situated in the southern […]
Latest All-in-One laundry solution by Samsung integrates a washer, dryer and various AI features that make it the brand’s most intelligent, efficient and environmentally conscious laundry combo to date. SINGAPORE – Media OutReach Newswire – 29 August 2024 – Samsung Electronics Singapore expanded their range of laundry solutions with the new Bespoke AI Laundry Combo™, its first All-in-One laundry solution that integrates a large capacity washer, a […]
By K Raveendran The squabble between Rahul Gandhi and Union minister Kiren Rijiju over the lack of representation of backward classes and tribals in beauty pageants has accorded a bit of glamour to the debate surrounding castes. Rahul’s remark, might seem trivial at first glance, but on closer scrutiny, it turns out to be a […]
HONG KONG SAR – Media OutReach Newswire – 28 August 2024 – The Hong Kong Polytechnic University (PolyU) researchers and academic-led startup teams participated for the first time at the HICOOL 2024 Global Entrepreneur Summit and Entrepreneurship Competition, showcasing seven groundbreaking research projects that highlight the University’s exceptional capabilities in research and knowledge transfer. As the only tertiary institution in Hong Kong involved in multiple national space […]
Salik, Dubai’s road toll operator, has revised its revenue growth projections upwards to 7-8% for 2024, driven by the addition of two new toll gates expected to be operational by November. The company’s decision to expand its tolling network comes as part of a broader strategy to boost revenues and enhance its market presence. In the first half of 2024, Salik reported a strong financial performance with […]
Achieved Record High Revenue of HK$273.6M and Net Profit of HK$67.4M Further Penetration to Osteoporosis, Ophthalmology, and Medical Aesthetic Device Markets HONG KONG SAR – EQS Newswire – 28 August 2024 – A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its interim results for the six months […]
Wärtsilä has announced plans to develop a substantial 1.5 gigawatt (GW) power generation project in Kuwait, marking a significant investment in the country’s energy infrastructure. The proposed project is poised to enhance Kuwait’s power supply stability and support its growing energy demands. This ambitious initiative involves the construction of a state-of-the-art power plant, which will utilize Wärtsilä’s advanced technology to ensure efficient and reliable energy production. The […]
BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – On August 25th, at the Artificial Intelligence Empowering Future Industries and Organizational Development Forum during the World Robot Conference 2024 (WRC 2024), China’s first artificial intelligence standardization research institute—Beijing Artificial Intelligence Standardization Research Institute—was officially inaugurated in the Beijing Economic-Technological Development Area (also known as Beijing E-Town). The unveiling ceremony was attended by Gao Niandong, Deputy […]
Abu Dhabi National Oil Company (Adnoc) has received multiple bids for its initiative to develop sustainable aviation fuel (SAF). This significant move marks a step forward in Adnoc’s strategy to meet growing demands for environmentally friendly aviation solutions. The bids, submitted by leading energy and technology companies, aim to advance SAF production capabilities and foster a reduction in carbon emissions associated with air travel. The SAF package […]
BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – As a pioneer in high-quality development for the new era, Beijing E-Town (BDA) is seizing the opportunity to lead the development of the embodied intelligent robot industry. The plan is to build a domestically leading and internationally first-class demonstration city for the embodied intelligent robot industry in two steps. “By the end of 2026, we aim […]
By Dr. Gyan Pathak Democratic compact between chief minister and Lieutenant Governor of Delhi has broken in the last ten years, LG VK Saxena has admitted in his opinion piece published in Indian Express on August 28, which is just an expression of the fact existing in all states and UTs where the opposition political […]Telegram founder Pavel Durov’s detainment by French authorities at Le Bourget Airport near Paris has triggered a global wave of protests. Over 2 million people have signed an online petition urging his release, highlighting growing concerns over digital privacy and government overreach. Durov, who created the messaging platform Telegram, was reportedly arrested on August 24, 2024, upon arriving in France. The arrest appears to be linked to […]
Players from 9 different regions will compete in VALORANT matches in AOC Masters’ 5th year, starting with local qualifiers held in each region before the top players advance to the main event in Thailand. SINGAPORE – Media OutReach Newswire – 28 August 2024 – AOC, a global leader in gaming monitors and IT accessories and the #1 Gaming Monitor brand for three consecutive years from 2021 to […]
Weyay Bank, Kuwait’s pioneering digital bank, has introduced a new feature called the “Savings Pot Pro” designed to cater to the growing needs of young savers. This feature, which offers an annual interest rate of up to 1%, allows customers to maximize their savings while enjoying significant flexibility. The Savings Pot Pro is part of Weyay Bank’s broader strategy to provide digital-first banking solutions tailored to Kuwait’s […]
SINGAPORE – Media OutReach Newswire – 28 August 2024 – Vizzio Technologies is pleased to announce the appointment of Jonathan Asherson, former Chairman of Rolls-Royce Singapore for Asia Pacific, to its Board of Directors. In addition to his board role, Asherson will serve as Chairman of POLYTRON.AI, a Vizzio subsidiary. Jonathan Asherson Jonathan Asherson brings a wealth of experience in technology and engineering, which will be pivotal […]
Majid Al Futtaim, a leading retail and leisure conglomerate, has reported a robust Dh1.6 billion profit for the first half of the year, reflecting a strong performance across its diversified portfolio. The company’s latest financial results showcase significant gains driven by strategic expansions and increased consumer spending. The company’s profitability is largely attributed to its diverse business model, which includes shopping malls, retail operations, and leisure and […]
SINGAPORE – Media OutReach Newswire – 28 August 2024 – Zuellig Pharma, a leading healthcare solutions company in Asia, has announced an exclusive distribution agreement with Regeneron Ireland DAC, a wholly owned subsidiary of Regeneron Pharmaceuticals, Inc. to launch and commercialise Libtayo® (cemiplimab), a fully human monoclonal antibody targeting the immune checkpoint receptor PD-1 on T cells, in South Korea and Taiwan. Regeneron is a leading biotechnology […]
BANGKOK, THAILAND/STUTTGART, GERMANY – Media OutReach Newswire – 27 August 2024 – Porsche Design has announced a collaboration with Thai real estate developer Ananda Development to create the Porsche Design Tower Bangkok. The ultra-luxury residence, located on Sukhumvit 38, is aimed at ultra-high net-worth individuals and will be the first of its kind in Asia and the third globally. The project features 22 exclusive duplex and quadplex […]
