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The fragrance market in the UAE has long been associated with luxury, exclusivity, and a deep cultural appreciation for high-quality scents. While traditional perfume boutiques remain a cornerstone of the industry, the rise of digital shopping platforms is transforming how consumers discover, select, and purchase fragrances. Retailers such as LETOILE are at the forefront of this shift, offering an expansive selection of high-end perfumes through e-commerce platforms, […]

Sponsorship aims to create new avenues for individuals of all ages to make meaningful connections, improve wellbeing and inspire a love for nature and wildlife. SINGAPORE – Media OutReach Newswire – 13 February 2025 – AIA Singapore is proud to announce its partnership with the newly opened Rainforest Wild Asia at the Mandai Wildlife Reserve, as the naming sponsor of AIA Vitality Bounce and sponsor of Tapir […]

HONG KONG SAR – Media OutReach Newswire – 13 February 2025 – The HKCriminalLawyers.com platform has officially launched, providing Hong Kong citizens with a dedicated resource for criminal legal information and professional lawyer-matching services. Specializing in a wide range of criminal cases—including theft, fraud, assault, drug-related offenses, money laundering, and illegal gambling—the platform aims to assist individuals facing legal trouble by offering clear guidance and access to […]

Preference for Spontaneous Travel, Grabbing Cheap Flights and Travelling on a Whim HONG KONG SAR – Media OutReach Newswire – 13 February 2025 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) today announced the results of a survey1 of young people’s travel habits and preferences, as well as their level of protection awareness. The survey found that young people love to travel, with nearly 70% planning to […]

Apple is poised to unveil the fourth-generation iPhone SE, introducing significant design and feature enhancements that align it more closely with the flagship iPhone lineup. The forthcoming model is anticipated to feature an all-display design, eliminating the traditional Home button in favor of Face ID, marking a departure from its predecessors. The device is expected to sport a 6.1-inch OLED display with a notch, mirroring the aesthetics […]

JAKARTA, INDONESIA – Media OutReach Newswire – 13 February 2025 – At the Indonesia International Motor Show (IIMS) 2025, VinFast officially opened for sales for its mini-SUV VF 3. The company also announced a special policy providing free charging for all VinFast electric vehicles at VinFast charging stations operated by V-GREEN across Indonesia, reaffirming its commitment to delivering smart, accessible, and sustainable mobility solutions. VinFast announces the […]

The KDE community has unveiled Plasma 6.3, introducing a suite of enhancements tailored for digital artists and creative professionals. This latest release focuses on refining the user experience, particularly in the realm of digital art, by overhauling the Drawing Tablet configuration interface. The System Settings’ Drawing Tablet page has been reorganized into multiple tabs, offering improved navigation and new configuration options. Artists can now map specific areas […]

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Alpha Data, a prominent UAE-based technology services firm, has unveiled plans to list on the Abu Dhabi Securities Exchange by offering 400 million shares, representing 40% of its capital. This move marks the inaugural public offering on the ADX for 2025. The shares being offered are currently held by Bin Hamoodah and Ibbini Investment, who retain the discretion to adjust the offering size before the subscription period concludes.

In the fiscal year 2024, Alpha Data reported a net profit of AED 127 million and revenue totaling AED 2.32 billion. The company has engaged EFG Hermes and Emirates NBD Capital as advisors for the potential share sale. While the specifics of the sale are preliminary and subject to change, the firm is reportedly aiming to raise approximately $200 million through this listing.

The ADX is poised to witness several major IPOs this year, including the Gulf’s first airline IPO by Etihad Airways, which has already engaged advisors for the sale, and supermarket chain LuLu Group. Additionally, the exchange recently saw the IPO of edtech firm Alef Education.

Alpha Data’s decision to go public aligns with a broader trend of private-sector companies in the GCC region pursuing IPOs, particularly in sectors such as e-commerce and IT. Analysts anticipate that private-sector IPOs in the GCC will range between $300 million to $500 million this year, with government listings likely to be larger.

The ADX has been actively encouraging private companies to list, aiming to diversify its offerings and attract a broader range of investors. Alpha Data’s IPO is expected to contribute to this diversification and provide investors with exposure to the growing technology services sector in the UAE.

The offering is anticipated to attract significant interest from both regional and international investors, given Alpha Data’s established presence in the UAE’s technology sector and the ADX’s reputation as a leading financial market in the region.

MOSCOW, RUSSIA – Media OutReach Newswire – 13 February 2025 – SIBUR, the largest Russian manufacturer of synthetic materials, plans to increase the use of polymers in the production of components for the automotive industry. In February 2025, SIBUR signed an agreement with the auto parts manufacturer DIPO for the joint development of polymer-based body parts, exterior and interior components, structural frames, and lighting components. Earlier, SIBUR […]

SINGAPORE – Media OutReach Newswire – 12 February 2025 – Chinese New Year is a time for togetherness, celebration, and sharing joy. Yet, amidst back-to-back gatherings and increased seasonal spending, the festivities can sometimes feel exciting and a little overwhelming1. Embracing the spirit of giving, Etiqa Insurance Singapore partnered with independent creative agency Blak Labs, to spread extra blessings to the community through its Multiply Blessings With […]

ManageEngine, the enterprise IT management division of Zoho Corporation, is set to host its Middle East User Conference in Dubai, focusing on the integration of artificial intelligence into enterprise IT systems. The event aims to equip businesses with strategies to effectively adopt AI technologies, enhancing operational efficiency and competitiveness.

The conference will feature keynote speeches from ManageEngine’s technology and domain experts, covering topics such as the evolving IT and cybersecurity landscape and leveraging new technologies to stay ahead in the market. Rajesh Ganesan, Vice President at ManageEngine, will discuss the changing role of IT departments in the current era, emphasizing the shift towards remote work and a digital-first customer approach.

In the Middle East, AI is poised to significantly impact the economy. A report by PwC estimates that AI could contribute up to $320 billion to the region’s economy by 2030, accounting for 2% of the total global benefits. Saudi Arabia is expected to see the largest absolute gains, with AI contributing over $135.2 billion to its economy, equivalent to 12.4% of its GDP. In relative terms, the UAE is anticipated to experience the most substantial impact, with AI contributing close to 14% of its 2030 GDP.

The annual growth in AI’s contribution to the Middle East’s economy is projected to range between 20-34% per year, with the fastest growth in the UAE, followed by Saudi Arabia. This growth is attributed to the significant investments these countries are making in AI technologies and their efforts to integrate AI across various sectors.

The ManageEngine conference will also highlight the company’s latest solutions designed to assist enterprises in navigating the complexities of AI integration. Attendees will have the opportunity to participate in detailed walkthroughs and live demonstrations of ManageEngine’s major solutions, including ServiceDesk Plus, OpManager Plus, Applications Manager, Desktop Central, Mobile Device Manager Plus, Log360, Site24x7, and the suite of Active Directory management products.

As the digital landscape evolves, marketers are increasingly relying on advanced tools to enhance their social media strategies. In 2025, several platforms have emerged as indispensable assets for effective social media management. Vista Social has gained prominence as a comprehensive solution, offering features such as scheduling, messaging, social listening, and a link-in-bio service. This integration streamlines workflows, allowing marketers to manage multiple aspects of their social media […]

Singapore-based cryptocurrency payment provider Alchemy Pay has secured an Electronic Financial Business registration in South Korea through a strategic investment in local e-finance platform EZPG Co., Ltd. This move enables Alchemy Pay to offer a range of financial services within the country, including money transfers, online payment gateways, and digital asset services.

With this registration, Alchemy Pay is now authorized to process cryptocurrency transactions and integrate with prominent South Korean payment platforms such as KakaoPay, PAYCO, and Naver Pay. Chief Marketing Officer Ailona Tsik emphasized South Korea’s significance, stating, “As a pivotal hub in Asia for both traditional finance and digital currency adoption, Korea represents a tremendous opportunity for Alchemy Pay’s long-term growth.”

This development follows Alchemy Pay’s recent expansion into the Australian market, where it obtained registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre . This approval allows the company to facilitate fiat-to-crypto payment services across Australia, enhancing its regional presence and compliance with local regulations.

In South Korea, the Electronic Financial Business registration is governed by the Electronic Financial Transactions Act, which sets the framework for electronic financial services and aims to ensure their security and reliability. Companies holding this registration are subject to regulatory oversight to maintain transparency and protect consumers.

India is poised to enhance its naval capabilities through a significant acquisition of 26 Rafale Marine jets from France. The French government has submitted its final price proposal to New Delhi, marking a pivotal step in the procurement process. This development coincides with National Security Advisor Ajit Doval’s scheduled visit to Paris, where the deal is expected to feature prominently in strategic discussions.

The Rafale Marine jets are intended for deployment on the INS Vikrant, India’s indigenous aircraft carrier, as well as at various naval bases. The inclusion of these advanced fighters is anticipated to significantly bolster the Indian Navy’s maritime strike capabilities. Defence sources indicate that the French side has offered a substantial price reduction following rigorous negotiations, underscoring the deepening defence collaboration between the two nations.

A French delegation recently visited New Delhi to finalise the terms of the agreement. The deal’s progression is expected to be a focal point during the India-France Strategic Dialogue, where NSA Doval will engage with his French counterparts. This dialogue aims to further solidify bilateral ties and address mutual security concerns.

India has approved specific modifications in the letter of request for the Rafale Marine jets, including the integration of the indigenous Uttam radar system. While this integration is projected to take approximately eight years and entails additional costs, it represents a significant step towards self-reliance in defence technology. Furthermore, India has requested the incorporation of homegrown weaponry, such as the Astra beyond-visual-range missiles and Rudram anti-radiation missiles, into the aircraft’s arsenal.

The pricing structure of the deal is informed by previous agreements, notably the procurement of 36 Rafale fighter jets for the Indian Air Force. Considerations include factors like inflation rates and the inclusion of specific requirements from the Indian Air Force, such as the provision of approximately 40 drop tanks and a limited number of workstations for the aircraft.

In addition to the Rafale Marine jets, India and France are finalising a deal for three additional Scorpene-class submarines. These submarines are slated to be constructed with French collaboration, further enhancing India’s underwater warfare capabilities. Both deals, collectively valued at nearly Rs 1 lakh crore, are anticipated to be concluded by the end of the current fiscal year, reflecting the robust and growing defence partnership between the two nations.

The acquisition of the Rafale Marine jets and Scorpene submarines aligns with India’s broader strategy to modernise its military assets and strengthen its defence posture in the Indo-Pacific region. As geopolitical dynamics evolve, such strategic partnerships and procurements are crucial for maintaining regional stability and safeguarding national interests.

The Rafale Marine, a naval variant of the Dassault Rafale, is renowned for its versatility and advanced combat capabilities. Equipped with state-of-the-art avionics and weapon systems, it is capable of carrying out a wide range of missions, including air superiority, ground attack, and reconnaissance. Its integration into the Indian Navy is expected to significantly enhance operational readiness and combat effectiveness.

The Scorpene-class submarines, developed by France’s Naval Group, are diesel-electric attack submarines known for their stealth and advanced sonar capabilities. The addition of three more Scorpene submarines will augment the Indian Navy’s underwater warfare strength, providing a strategic advantage in maritime operations.

By Nantoo Banerjee With Indian Rupee (INR) dwindling almost daily against US Dollar (USD), it is good the Union Budget for 2025-26 has stopped repeating on making the Indian economy a $5-trillion GDP to become the world’s third largest by the end of this year or anytime too soon. The budget also provides no indication […]

ONLYOFFICE has unveiled version 8.3 of its online editors, introducing approximately 30 new features and numerous bug fixes across the suite. This update significantly enhances the platform’s compatibility and collaborative capabilities. The latest release now supports Apple iWork formats—Pages, Keynote, and Numbers—as well as Hancom Office formats . Users can open these files directly within ONLYOFFICE, with formatting preserved. For editing purposes, these files are converted and […]

Research Challenges Hypnosis Misconceptions, Explores its Effectiveness for Stress in Fast-Paced Hong Kong HONG KONG SAR – Media OutReach Newswire – 11 February 2025 – According to the World Happiness Report 2024, Hong Kong ranks 86th in the global happiness index. In the Global Workplace Report, last year, Hong Kong’s stress index ranked fourth globally, reflecting the need for Hongkongers to pay more attention to their mental […]

Abu Dhabi-based Ittihad International Investment LLC has secured a $450 million sustainability-linked revolving credit facility with a consortium of local banks. The facility was arranged by Emirates NBD, Commercial Bank of Dubai, and First Abu Dhabi Bank, serving as mandated lead arrangers and bookrunners, as well as sustainability joint coordinators. Additionally, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, and Emirates Islamic acted as joint arrangers. The […]

The United Arab Emirates is intensifying its commitment to sustainable transportation by planning to install 500 electric vehicle charging stations nationwide by the end of 2025. This initiative aims to support the growing adoption of EVs and reduce carbon emissions, aligning with the country’s broader environmental objectives. Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, announced that over 100 […]

Grayscale Investments has filed an application with the U.S. Securities and Exchange Commission to list a Cardano exchange-traded fund on the New York Stock Exchange . This initiative marks Grayscale’s inaugural standalone ADA investment product, aiming to provide investors with regulated exposure to the Cardano blockchain’s native cryptocurrency.

The proposed ETF, designated to trade under the ticker symbol “GADA,” is structured to offer investors direct exposure to ADA without the need to hold the cryptocurrency directly. Each share of the trust would represent a proportional ownership of ADA, with pricing based on the CoinDesk Cardano Price Index . BNY Mellon Asset Servicing is slated to serve as the administrator, while Coinbase Custody Trust Company would act as the custodian for the assets.

Grayscale’s filing is part of a broader strategy to expand its cryptocurrency ETF offerings. In recent weeks, the firm has submitted applications for ETFs linked to other digital assets, including XRP, Solana , and Litecoin . These moves reflect a growing interest among asset managers to provide regulated investment vehicles that offer exposure to various cryptocurrencies.

The SEC’s stance on cryptocurrency ETFs has evolved, particularly under the current administration. The regulatory body’s recent openness to such products has encouraged firms like Grayscale to pursue ETF listings for a wider range of digital assets. However, it’s important to note that the SEC has previously classified certain cryptocurrencies, including ADA, as securities in past legal actions. This classification could present regulatory challenges for the approval of the proposed Cardano ETF.

HONG KONG SAR – Media OutReach Newswire – 11 February 2025 – On January 23, 2025, 50 selected children and youth with disabilities from under-privileged families in Hong Kong will experience flying and embark on a three-day, two-night trip to Taiwan from February 21 to 23 in 2025. “Dreamer’s Journey 2025” allows 40 disabled children who have never flown before and their families, along with 10 disabled […]

Helping the Public Understand Legal Definitions and Consequences of Criminal Charges HONG KONG SAR – Media OutReach Newswire – 10 February 2025 – HKFindLawyer.com, a leading legal information platform, has launched a Criminal Offences Glossary to help the public better understand various criminal charges under Hong Kong law. This new resource provides clear, concise, and legally accurate explanations of common offences, empowering individuals with essential knowledge before […]

SINGAPORE – Media OutReach Newswire – 10 February 2025 – Special Minds is proud to introduce a new platform in Singapore that offers a much-needed solution for families with children and youths who have special or learning needs. As the country’s first platform dedicated to 1:1 special needs matching, Special Minds provides home-based services tailored to each child’s unique requirements. For parents and caregivers, this means that […]

LibreOffice has announced the release of version 25.2, introducing a range of enhancements across its suite of applications. This update focuses on refining user experience, bolstering accessibility, and expanding functionality. In Writer, users can now remove personal information from documents, mitigating the risk of unintended data exposure. The change-tracking system has been improved for more intuitive collaboration; selecting altered text highlights the corresponding entry in the “Manage […]

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