NEW YORK, US – Media OutReach Newswire – 24 May 2024 – CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round. The funds will enhance R&D, focusing on new technologies to improve products and drive innovation, according to Jiangtao Sun, founder of CBiGroup. Founded in […]
Saudi Arabia’s Export-Import Bank (Saudi EXIM Bank) inked two significant agreements with prominent Japanese financial institutions, SMBC Business Banking and MUFG Bank, during the Saudi-Japan Vision 2030 Business Forum held in Tokyo. This collaboration aims to bolster cooperation and open doors for co-financing ventures, ultimately propelling Saudi non-oil exports into target markets. The agreements were signed by Eng. Saad bin Abdulaziz Al-Khalab, CEO of Saudi EXIM Bank, […]
Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]
Dubai, the crown jewel of the United Arab Emirates (UAE), has transformed into a global hub for business and entrepreneurship. This vibrant city boasts a strategic location, a diversified economy, and a government committed to fostering a business-friendly environment, making it a prime target for companies of all sizes. For those seeking to navigate the intricacies of business setup in Dubai, experienced consultancy team like Emirabiz can […]
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 […]
The United Arab Emirates and Oman significantly bolstered their digital infrastructure connectivity with the inauguration of a new electronic link project. The initiative, championed by UAE President Sheikh Khalifa bin Zayed Al Nahyan and Oman Sultan Qaboos bin Said al Said, establishes a robust digital bridge between the two nations. This enhanced connectivity is anticipated to foster economic growth, streamline government services, and cultivate closer cultural ties. […]
The United Arab Emirates (UAE) announced a significant economic boost for Pakistan with the allocation of $10 billion for investment in promising sectors. The news follows a working visit by Pakistan’s Prime Minister, Shehbaz Sharif, to the UAE, where he held talks with President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This financial injection is expected to provide a much-needed shot in the arm for Pakistan’s […]
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, […]
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 […]
LONDON, UK – Media OutReach Newswire – 23 May 2024 – Money20/20, the world’s leading fintech show, and the place where money does business, unveils its dynamic agenda for its upcoming Europe show in Amsterdam, 4-6 June. The agenda will explore how advanced analytics and technologies can be used to anticipate customer behaviour and build hyper-personalised solutions that unlock a holistic financial ecosystem – a ‘Customer Universe […]
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 […]
Hyperscale campus will include up to 68MW of capacity to support accelerating cloud computing and AI growth DENVER, USA and SINGAPORE – Media OutReach Newswire – 23 May 2024 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has broken ground on its first data center campus in Japan (KIX1). Located in Ibaraki, Osaka, the greenfield campus will include up […]
Dubai-based clean energy company Alcazar Energy has secured a significant investment of $490 million for its second renewable energy fund. This fund, known as Alcazar Energy Partners II, represents more than double the amount raised by its predecessor in 2021. The funding will significantly accelerate Alcazar’s development of utility-scale renewable energy projects in emerging markets. The fund’s closing was bolstered by the participation of the US International […]
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 […]
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 […]
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 […]
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 […]
WhatsApp Statuses, a feature introduced in 2017, has become a ubiquitous mode of communication for the platform’s over two billion users. These ephemeral updates, disappearing after 24 hours, offer a glimpse into users’ lives through photos, videos, text, and even voice notes. The rise of Statuses can be attributed to its casual and impermanent nature. Unlike permanent posts on Facebook or Instagram, Statuses allow for a less […]
Bybit, a leading cryptocurrency exchange by trading volume, has achieved a significant milestone, surpassing 30 million registered users globally. This remarkable feat comes amidst a period of exceptional growth for the company, solidifying its position as a frontrunner in the ever-evolving blockchain industry. Bybit’s user base has witnessed a substantial expansion in recent months. Just six months ago, the exchange boasted over 20 million registered users. This […]
