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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 […]

Highlights of FY23/24 Results For the financial year ended 31 March 2024, total sales amounted to US$3,814 million – an increase of 5% compared to the prior year Gross profit totalled US$851 million – an increase of 19% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 56% to US$343 million or 9.0% of sales (compared to 6.0% of sales in FY22/23) […]

DUBAI, UAE – EQS Newswire – 16 May 2024 – Telecoming, sportech company specializing in developing and distributing mobile experiences for sports and entertainment, will take part, for the second year in a row at Telecom World Middle East 2024, scheduled for May 28-29. The company’s involvement in the event is part of a strategic initiative aimed at strengthening its presence in the region by partnering with […]

First of its kind in Hong Kong’s construction industry to drive ESG initiatives HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Sanfield (Management) Limited (“Sanfield”) today announced the launch of pioneering Sustainability-linked Supplier Payment Services (“SPS”) for the Hong Kong construction industry. The SPS program marks a significant milestone in extending environmental, social and […]

Explores Local Development Opportunities HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was invited to join the Hong Kong SAR delegation to visit the Middle East last week. The visit aimed to engage in discussions with local governments and financial institutions, exploring financial cooperation and development between Hong Kong and the Middle […]

PARIS, FRANCE – Media OutReach Newswire – 15 May 2024 – VinFast Auto (Nasdaq: VFS) today announced the signing of a cooperation agreement with Bosch, one of the leading global suppliers of automotive technology and services, giving VinFast customers in Europe access to Bosch’s extensive network of 700,000 charging points in 30 European countries and providing them with the freedom and convenience to travel across Europe with […]

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Global ocean exploration nonprofit sets sail in Indonesia on a first-of-its-kind Southeast Asian mission that combines science, education, and media to support the advancement of ocean science and marine education in the region, contributing to the battle against climate change. BALI / JAKARTA, INDONESIA- Media OutReach Newswire – 15 May 2024 – Global ocean exploration nonprofit OceanX, together with the Coordinating Ministry of Maritime Affairs and Investment […]

In an effort to combat climate change and promote a more sustainable future, InSinkErator, a leading manufacturer of food waste disposers, has announced a collaborative tree-planting initiative with the Emirates Environmental Group (EEG). This partnership reflects InSinkErator’s commitment to environmental responsibility and aligns with the UAE’s ongoing efforts towards a greener future. The initiative will see InSinkErator partnering with EEG, a prominent UAE-based environmental organization, to plant […]

OCB achieves technology implementation speed 3x faster than industry norm in its launch of a customer-centric omnichannel banking platform, setting a new benchmark in Vietnam HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 May 2024 – Backbase, the global leader in Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a top private bank in Vietnam, together with SmartOSC, the premium digital enabler, announce the […]

Dubai has cemented its position as the world’s leading hub for foreign direct investments (FDI) focused on establishing new ventures. According to the latest data from the Financial Times’ fDi Markets report, Dubai secured the top spot for attracting greenfield FDI projects in 2023, marking an impressive three-year winning streak. This achievement highlights Dubai’s continuous efforts to foster a business-friendly environment and its strategic initiatives to solidify […]

James M Dorsey Diaspora Jews, Palestinian Israelis, and Turkish Kurds have more in common than meets the eye. The similarities in how the three minority communities define themselves offer insights into what will make either a one- or two-state solution to the Israeli-Palestinian conflict viable. To be sure, it’s hard to see, amid the Gaza carnage and Israel’s blinded and traumatised view of future relations with the Palestinians, how the two […]

DUBAI, UAE – African Media Agency – 14 May 2024 – Mitsumi Distribution, a leading IT, Telco, Value and AI distributor in the Middle East and Africa, proudly announces its participation in GITEX Africa 2024. With a widespread presence spanning 28 countries and strategic partnerships with over 27+ vendors, Mitsumi Distribution is poised to showcase front-line technological advancements and innovations at this esteemed event. Mr. Mitesh Shah […]

Former finance executive with Alibaba, Amazon, and Credit Suisse named MoneyHero’s permanent CFO SINGAPORE – Media OutReach Newswire – 14 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, today announced the appointment of Hao Qian as the Company’s new permanent Chief Financial Officer (“CFO”), effective immediately. Reporting directly to […]

HONG KONG SAR – Media OutReach Newswire – 14 May 2024 – Rescence Laboratory, a leading longevity supplement provider in Hong Kong, is delighted to announce the launch of Rescence EYE Optima, a revolutionary eye supplement designed to strengthen the eyes and combat age-related eye diseases, including presbyopia. This groundbreaking supplement combines extensively researched AREDS2 formula from the West with the latest clinical findings on the reversal […]

By Saifur Rahman Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its ground handling and ticketing arm Dubai National Air Travel Agency (Dnata) reported a 71 percent jump in net profits exceeding Dh18.7 billion (US$5.1 billion) in 2023-24 financial year ending March 31 2024, compared to Dh11 billion (US$3 billion) recorded the previous year. This is a new profit record for Emirates […]

Former Google, PayPal, and Visa executive, Liru Chan, appointed Group Head of Marketing Former ShopBack, Honestbee, and Schneider Electric executive, Francois Picard, appointed Group Head of Operations SINGAPORE – Media OutReach Newswire – 13 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, today announced two key additions to its […]

SINGAPORE – Media OutReach Newswire – 13 May 2024 – UXLINK, the leading Web3 social infrastructure, has just unveiled a significant milestone in its journey with a new round of funding, arriving in under three months from its previous round. Spearheaded by SevenX Ventures, INCE Capital, and HashKey Capital, this round attracted multiple investors, consolidating UXLINK’s position as an industry frontrunner. Surpassing the $5 million mark, this […]

New MOU will see more internships and industry attachments introduced in addition to current programmes SINGAPORE – Media OutReach Newswire – 13 May 2024 – NCS and the Institute of Technical Education (ITE) today signed a memorandum of understanding (MOU) aimed at providing ITE students and graduates with more pathways to kickstart exciting careers in technology. The ceremony was witnessed by the Guest of Honour, Mr Tan […]

The housing market in Saudi Arabia is set for a significant boost following a recent agreement between the Saudi National Housing Company (NHC) and China Machinery Engineering Corporation (CMEC). The deal, signed in Beijing, aims to address the country’s housing needs by constructing 20, 000 new residential units. This collaboration brings together NHC, a leading real estate developer in the Middle East, with CMEC’s expertise in construction. […]

Petrofac, a major oil and gas service provider, faces potential disruption to ongoing projects valued at a staggering $6. 6 billion across the Middle East and North Africa (MENA) region. Analysts warn that Algeria and the United Arab Emirates (UAE) could be the most significantly impacted. This development comes amidst a period of uncertainty for Petrofac. The company recently underwent a financial restructuring and continues to grapple […]

The Global Council for Tolerance and Peace (GCTP) has issued a statement commending international efforts to secure full membership for Palestine in the United Nations. The statement, released on Friday, highlights the council’s belief that granting Palestine a seat at the table would be a significant step towards achieving lasting peace in the region. “The GCTP strongly supports the ongoing endeavors to grant Palestine full membership in […]

Burjeel Holdings, a leading healthcare provider in the United Arab Emirates (UAE) and the broader Middle East and North Africa (MENA) region, announced strong financial performance for the full year 2022. The company reported a net profit of AED 355 million, reflecting a significant increase of 52% compared to the previous year. This upsurge highlights the success of Burjeel’s yield enhancement strategy, which focuses on maximizing revenue […]

BEIJING, CHINA – Media OutReach Newswire – 8 May 2024 – The number of Mainland Chinese small businesses that expect to grow and hire new employees this year is on the rise, reflecting an improving business environment, according to a new survey by one of the world’s largest professional accounting organisations, CPA Australia. CPA Australia Asia-Pacific Small Business Survey 2023-24 – Mainland China results CPA Australia’s annual […]

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