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Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // ADIA and partners establish $1.4 billion aviation venture // ADIA and partners establish $1.4 billion aviation venture // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Middle East governments assess Iran war after US vote // Democrats capture Senate majority with seven Republican seats // Cyberport Venture & Capital Forum 2026 Grand Opening // CPI, CPM dispute portrayal of Vayalar uprising leaders // Utilities pursue ₹1,992 cr in unpaid bills // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // ADIA and partners establish $1.4 billion aviation venture // XRG secures agreement for $1.45bn Australian LNG stake // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // DIP Holding targets Dh1.12 IPO price and $529m proceeds // Vance attributes Republican midterm defeats to Iran conflict //

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Middle East

Shorooq Partners, a prominent venture capital firm in Abu Dhabi, announced the initial closing of their second private credit fund dedicated to financing technology companies in the Middle East and North Africa (MENA) region. This $100 million fund signifies Shorooq Partners’ commitment to fostering the burgeoning tech sector in MENA. The capital secured in this first close will allow Shorooq Partners to provide debt financing to high-growth […]

A Swiss governance, risk, and compliance (GRC) software company, Swiss GRC, has launched a solution designed specifically for organizations in the Middle East and North Africa (MENA) region. This move caters to the unique regulatory landscape and data residency requirements of the region. “We are thrilled to introduce our services to the MENA region, ” said Besfort Kuqi, Co-Founder and CEO of Swiss GRC. “Our solutions are […]

The United Arab Emirates (UAE) and Saudi Arabia emerged as the frontrunners in the Middle East and North Africa (MENA) region for issuing green bonds in 2023, collectively accounting for over $15. 4 billion, according to market reports. This surge in green bond issuance reflects a growing commitment from these countries to sustainable development and environmental initiatives. The UAE played a pioneering role, with Dubai issuing its […]

Allianz Safety and Shipping Review 2024: 26 large ships lost worldwide in 2023, down by one third year-on-year, the industry’s lowest ever total South China, Indochina, Indonesia and the Philippines is the main loss hotspot globally, accounting for almost of third of all losses at sea in 2023 War and geopolitical conflicts shake up the shipping industry, with a number of major consequences Climate risks on the […]

Saudi Arabia’s tourism industry has witnessed a significant surge, climbing nine spots in the World Economic Forum’s (WEF) latest Travel & Tourism Development Index (TTDI). This impressive leap marks the biggest improvement within the Middle East and North Africa (MENA) region, solidifying the kingdom’s position as a rising tourism powerhouse. The WEF’s TTDI report, encompassing 119 economies, evaluates factors and policies that contribute to the sustainable and […]

LAS VEGAS, USA – Media OutReach Newswire – 22 May 2024 – On May 20th, U POWER Tech, a smart electric vehicle (EV) technology company, made its debut at the Advanced Clean Transportation (ACT) Expo in the United States, announcing a collaboration with VIZEON, an electric vehicle distributor, to expand into North America, with the focus on Mexico and Latin American markets. The ACT Expo is North […]

Arabian Post Staff – At the Riyadh conference this week, Airbus secured a major victory after the Saudia Group, which owns both Saudia Airlines and budget carrier flyadeal, announced a record-breaking order for 105 Airbus narrow-body aircraft. This move comes as a surprise, as many analysts anticipated Boeing to be the frontrunner for this significant Saudi Arabian deal. The order consists of a mix of A320neo and […]

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The 31st Middle East Petroleum & Gas Conference (MPGC), which opened on May 21st in Dubai, brought together industry leaders to navigate the evolving landscape of the energy sector. The conference, inaugurated by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council for Energy, focused on the theme “Evolving Core Energy Markets within a Sustainable Landscape. ” The gathering, hosted by ENOC […]

Sungrow, a leading name in solar inverter and energy storage systems, has secured a significant partnership to propel Saudi Arabia’s ambitious Vision 2030 plan. The company will supply a massive 160MW/760MWh energy storage system, along with 165MW of PV inverters, for AMAALA, a prestigious new destination within the kingdom. This strategic collaboration with Larsen & Toubro marks a turning point for sustainable energy development in the region. […]

BANGKOK, THAILAND – Media OutReach Newswire – 21 May 2024 – SCG International Corporation Co., Ltd. (SCG International) has taken a significant stride in promoting environmental stewardship by entering into a Memorandum of Understanding (MOU) with Buna Al Mamlaka (BUNA) to introduce advanced, sustainable construction technologies in Saudi Arabia. This collaboration is not only establishing showrooms in key regions for the sales and distribution of building materials […]

Daniel Mausoof Digital connectivity is synonymous with progress. As the United Nations highlights, it is for many people a basic service that connects them to health, welfare, education, financial services and more. It is the neural network behind the digital click of the button that opens the door to economic growth, citizen engagement and social equality. However, in developing countries, only 70% of households have internet compared with 92% […]

Top financial officials from Saudi Arabia and China convened in Beijing this week, signaling a commitment to bolstering economic ties between the two nations. The meetings, co-chaired by Saudi Minister of Finance Mohammed Al-Jadaan and his Chinese counterpart, mark the third session of the Financial Sub-Committee for the High-level Chinese-Saudi Joint Committee. The discussions come amidst a backdrop of strengthening diplomatic and economic relations between the two […]

SINGAPORE – Media OutReach Newswire – 21 May 2024 – CDNetworks, the APAC-leading network to deliver edge as a service, today unveiled a 10 Tbps capacity upgrade to enhance the digital network performance in South and Southeast Asia (SSEA). Building the Backbone of Digital SSEA The unveiled additional 10 Tbps bandwidth capacity upgrade is built on CDNetworks’ 100% network coverage in the region. Complemented by the strategic […]

SINGAPORE – Media OutReach Newswire – 20 May 2024 – ERM, the world’s largest specialist sustainability consultancy, announces the expansion of its Southeast Asia (SEA) hub in Singapore, further strengthening its ability to advance the green economy and sustainability across Asia. Supported by the Singapore Economic Development Board (EDB), ERM’s expansion will help deepen its sustainability impact with leading organizations in the region. The decision to establish […]

Powered by Backbase Engagement Banking Platform, Bank Muamalat aims to launch a revolutionary Islamic Banking Super App KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 20 May 2024 – In a strategic move towards becoming a leading, next-generation digital Islamic Bank for all, Bank Muamalat Malaysia Berhad (Bank Muamalat) has announced a long-term partnership with Backbase, the global leader in Engagement Banking. This collaboration, together with Mambu […]

Ajman Bank emerged victorious at the MEA Finance Banking Technology Summit & Awards 2024, clinching the coveted Islamic Digital Banking Provider of the Year Award. The ceremony, held at the Ritz-Carlton Dubai International Financial Centre (DIFC), drew over 300 senior executives and dignitaries from the banking and fintech sectors across the Middle East and Africa. This recognition underscores Ajman Bank’s dedication to providing innovative and Shariah-compliant digital […]

On May 16, 2024, His Highness Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras Al Khaimah, welcomed Jaan Reinhold, Estonia’s Ambassador to the United Arab Emirates, at the Saqr bin Mohammed City palace. The meeting focused on exploring avenues to solidify cooperation between the two nations across various sectors. Sheikh Saud expressed his appreciation for Ambassador Reinhold’s visit and emphasized the significance of fostering stronger […]

Week-Long Showcase of Vibrant Performances from 20th to 26th May 2024 SINGAPORE – Media OutReach Newswire – 17 May 2024 – ‘Take The Stage’ is a week-long event featuring live performances by piano virtuosos and other musical talents in celebration of Panoland’s grand opening of a state-of-the-art showroom in Westgate. Pianoland Grand Opening at Westgate, “Take The Stage” From the 20th to 26th of May, ‘Take The […]

James M Dorsey US President Joe Biden doesn’t fit the mould of a high-risk gambler. Yet, gambling is the crux of his velvet glove dealings with Israel. With one eye on Israeli politics and the other on presidential elections in the United States in six months, Biden is walking a tightrope. The stakes and the costs couldn’t be higher. At its core, despite the administration’s escalating verbal […]

COPENHAGEN, DENMARK – Media OutReach Newswire – 17 May 2024 – Khun Juk Oriental, honored with the prestigious 2023 Thai Select Signature Award from the Royal Thai Government and partnership with Champagne Taittinger, epitomizes culinary excellence by delivering an exceptional Thai dining experience. These recognitions, from both the Royal Thai Government for the Thai Select Signature award and the esteemed Champagne Taittinger, underscore Khun Juk Oriental’s dedication […]

SINGAPORE – Media OutReach Newswire – 17 May 2024 – MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, has been honoured at the ‘Best Companies to Work for in Asia, Hong Kong 2024″ awards organized by HR Asia, a leading publication in the human resources industry. MoneyHero Group is named among the […]

Outdoor enthusiasts and off-grid adventurers in the Middle East have a new option for clean, portable power. BLUETTI, a global leader in clean energy solutions, recently announced its entry into the Middle Eastern market. The company boasts a strong track record of innovation, with over 535 patents and a presence in over 100 countries. BLUETTI’s arrival in the region signifies a growing trend towards sustainable power solutions […]

HANOI, VIETNAM – Media OutReach Newswire – 16 May 2024 – VinFast Auto (Nasdaq: VFS) today announced that it received a record-breaking number of 27,649 non-refundable and non-transferable pre-orders for the mini-SUV VF 3 within 66 hours, setting a Vietnamese automotive record, demonstrating the impressive appeal of the VF 3 and its potential to become a “national car” in Vietnam. VinFast VF 3 receives a record number […]

New stores in Korea’s Incheon International Airport and Thailand’s Suvarnabhumi Airport are among several recent and upcoming openings across the region HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – TUMI, the leading international travel, lifestyle and accessories brand, is redefining and reinvigorating travel retail with an expanded and refreshed presence at major international airports throughout Asia. The store openings on May 1, 2024 […]

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Just in:
Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // ADIA and partners establish $1.4 billion aviation venture // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Middle East governments assess Iran war after US vote // Democrats secure Senate majority after Republican election losses // ADIA and partners establish $1.4 billion aviation venture // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Govt opposes Arlekar’s PSC action // Utilities pursue ₹1,992 cr in unpaid bills // Assembly ruckus trial begins after 11 years // ADIA and partners establish $1.4 billion aviation venture // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // Democrats capture Senate majority with seven Republican seats // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // SC to examine students’ exam plea today // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure //