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HANOI, VIETNAM – Media OutReach Newswire – 24 May 2024 – Leveraging Vietnam’s production strengths and backed by Vingroup, the country’s largest private conglomerate, Vietnamese electric vehicle maker VinFast is poised for expansion in the European market. Vietnam’s richest man is pouring resources into VinFast, the electric vehicle arm of Vingroup, Vietnam’s largest private company. This move signals a strong belief in the future of electric mobility. […]

Strengthening of a unique NGO-corporation collaboration model that links conservation goals with economic potential and addresses societal issues like deforestation and land degradation. Extension of multi-year agreement that started in 2018, focusing on five strategic projects across the globe. By 2026, ambitious target to recover over 300 thousand hectares of degraded land in Cerrado Brazil and regenerate agricultural soils in China with a focus to impact the […]

Italian shipbuilding leader Fincantieri SPA has announced the establishment of a subsidiary in Saudi Arabia, marking a significant step towards bolstering the kingdom’s maritime industry and aligning with its ambitious Vision 2030 development plan. This strategic move comes on the heels of Fincantieri’s recent joint venture with the UAE’s EDGE Group, solidifying the company’s commitment to expanding its footprint in the Middle East. Fincantieri Arabia, the newly […]

Swedish multinational healthcare company Diaverum unveiled its 2023 Environmental, Social, and Governance (ESG) report, outlining its sustainability efforts and future goals. The report highlights Diaverum’s commitment to ESG principles throughout its operations, emphasizing stakeholder engagement and ethical business practices. Diaverum, the largest independent renal care provider in Europe, focuses on delivering quality renal care to patients with Chronic Kidney Disease (CKD). The company’s approach integrates environmental, social, […]

Gen-AI platform made available for international customers and enhanced partnerships announced for enriched eco-system to further support global customers PARIS, FRANCE – Media OutReach Newswire – 23 May 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced its plan to launch its first cloud region in Mexico, and to establish additional data centers in its key markets including Malaysia, the Philippines, Thailand, […]

Arabian Post Staff – Dubai The Abu Dhabi National Oil Company (ADNOC) announced the successful completion of a secondary share sale in ADNOC Drilling, raising $935 million. This transaction, designed to broaden investor participation and enhance liquidity in the UAE’s equity market, follows ADNOC Drilling’s initial public offering (IPO) in 2021. The offering involved the placement of 880 million shares with institutional investors, representing 5. 5% of […]

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 […]

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In a landmark move, cryptocurrency giants Binance and KuCoin have secured registration with India’s Financial Intelligence Unit (FIU), marking the first time the country’s anti-money laundering watchdog has approved offshore crypto entities. This decision signifies a significant shift in India’s stance on the cryptocurrency industry, which previously saw a ban imposed on Binance and KuCoin alongside several other international exchanges. The registration news comes after a period […]

The annual assembly of the Airports Council International (ACI) focused on charting a course towards a more sustainable future for the aviation industry. Key decisions were made to accelerate the industry’s transition to environmentally conscious practices, with a focus on infrastructure improvements, operational changes, and technological advancements. A central resolution adopted at the assembly pledged member airports to achieve net zero carbon emissions by 2050. This ambitious […]

Spackman Media Group artist Wi Ha-jun’s latest romance K-drama THE MIDNIGHT ROMANCE IN HAGWON premiered on Korea’s tvN on May 11 and its second episode ranked first in its time slot among both cable and terrestrial channels according to Nielsen Korea Headlined by Wi Ha-jun of Spackman Media Group, THE MIDNIGHT ROMANCE IN HAGWON is also available for streaming on OTT platforms such as TVING in Korea, […]

PARIS, FRANCE – Media OutReach Newswire – 22 May 2024 – LVMH Group, the world leader in high-quality products, and Alibaba Group, the leading e-commerce and technology company in China, today announced an extended partnership to push further the boundary of luxury experience in China, leveraging Alibaba’s cloud technologies, through AI-powered innovations in retail and on-line with Tmall. The deepened partnership is a strong commitment to the […]

Abu Dhabi Islamic Bank (ADIB), a leading Islamic finance institution in the United Arab Emirates, secured the coveted title of “Most Advanced Bank in the United Arab Emirates” for 2011. The award recognizes ADIB’s dedication to providing innovative and high-quality banking solutions. The prestigious recognition was bestowed upon ADIB at a recent industry event. This achievement underscores ADIB’s position as a frontrunner in the UAE’s Islamic banking […]

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the United Arab Emirates, achieved a significant milestone in 2011 by being awarded the title of “Most Advanced Bank in the United Arab Emirates. ” This prestigious recognition, presented at a recent industry event, signifies ADIB’s dedication to providing innovative and high-quality banking solutions. While details about the specific awarding body are unavailable, the award undoubtedly […]

2023 sustainability report communicates progress across key priority areas, focused on creating a positive impact in host countries and throughout the diamond value chain HONG KONG SAR – Media OutReach Newswire – 22 May 2024 – De Beers Group recently announced the progress towards its ‘Building Forever’ sustainability goals, with key highlights including achieving a target to engage 5,000 women and girls in STEM (science, technology, engineering […]

Expanding global portfolio of EV Centers of Excellence by the Group SHANGHAI, CHINA – Media OutReach Newswire – 22 May 2024 – DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow their presence locally and globally. This marks the Group’s first EV Center of […]

Shine, Swiss Re Foundation’s flagship social entrepreneurship programme, invites participation from social entrepreneurs from Indonesia, Malaysia, Singapore, and Thailand. The programme provides early-stage social entrepreneurs with a grant and access to Swiss Re’s leadership, as well as business expertise and coaching to help them scale their initiatives for impact. SINGAPORE – Media OutReach Newswire – 20 May 2024 – Swiss Re Foundation is bringing its flagship initiative, […]

HONG KONG SAR – Media OutReach Newswire – 21 May 2024 – Today, Lenovo™ launched the Lenovo Yoga™ Slim 7x and Lenovo ThinkPad™ T14s Gen 6, its first next generation Copilot+ PCs powered by Snapdragon® X Elite. As the PC industry enters a new phase of the artificial intelligence era, Lenovo is poised to offer new levels of personalization in personal computing across its PC portfolio. Intelligent […]

Hesham El Shamy 140 billion cubic metres – that’s how much natural gas is flared annually, impacting human health, accelerating climate change, and releasing carbon dioxide, methane and black soot. The practice of flaring is a significant economic and environmental problem that the Net Zero Emissions by 2050 (NZE) aims to eradicate by 2030 by removing non-emergency flaring. It is an ambitious goal, but one that’s sorely needed as it […]

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 […]

A recent report by Oxford Analytica paints a concerning picture for Gulf countries. The analysis firm warns that the region must brace itself for a “new normal” of extreme weather events, necessitating significant investments in infrastructure upgrades. The report highlights the Gulf’s current lack of preparedness for climate change’s intensifying effects. Historically arid, the region has witnessed a rise in heavy rainfall and flooding, with each event […]

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 […]

California-based online grocer Thrive Market has secured a coveted spot on CNBC’s prestigious Disruptor 50 list for 2024. This annual ranking celebrates private companies that are revolutionizing major industries with innovative approaches. Thrive Market’s recognition highlights its significant impact on the online grocery landscape, particularly in its commitment to accessibility and sustainability. Founded in 2014, Thrive Market has carved a niche for itself by catering to health-conscious […]

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 20 May 2024 – At the Global Climate Action Forum (GCAF), Canopy Sands Development’s Bay of Lights project is highlighted as a leading example of sustainable urban development in Cambodia. The forum, held at Himawari Hotel Apartments and co-organized by the Ministry of Environment (MoE) and W-Foundation, emphasized Cambodia’s commitment to sustainability through public-private partnerships. Bay of Lights project […]

Tajul Islam The latest incident of helicopter crash involving Iranian President Ebrahim Raisi has sparked a wave of speculation and concern both within Iran and internationally. Occurring in dense fog over the rugged terrain of Iran’s East Azerbaijan province, the incident raises critical questions about the circumstances that led to such a dangerous situation for one of the country’s most protected figures. On a routine diplomatic mission, President Raisi’s helicopter was carrying several high-ranking officials, including Foreign Minister […]

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