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Sheikha Fatima sends congratulatory messages to wives of Saudi King, Crown Prince on 93rd National Day


ABU DHABI, 23rd September, 2023 (WAM) – H.H. Sheikha Fatima bint Mubarak, the “Mother of the Nation,

By K Raveendran The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping into a global leader in renewable energy in the coming decades. The six new members will join the BRICS group of Brazil, Russia, India, […]

The post BRICS Expansion Creates A Global Super Power In Renewable Energy first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach – 23 September 2023 – Carousell Group, the leading multi-category platform for secondhand in Greater Southeast Asia, celebrates the onset of its second decade with a homecoming to LaunchPad @ one-north, the site of its inaugural office. The Group announced today the official opening of its new regional headquarters, Carousell Campus, dedicated to advancing recommerce capabilities as part of its goal to make […]


Vietnam embassy celebrates National Day and 30th Anniversary of Vietnam-UAE ties


ABU DHABI, 22nd September, 2023 (WAM) — The Vietnamese Embassy in Abu Dhabi celebrated the 78th ann
DUBAI, 22nd September, 2023 (WAM) – Dubai has maintained its ranking among the top five global mari

By Rahil Nora Chopra Lok Sabha on Wednesday passed the Constitution (One Hundred and Twenty-eighth Amendment) Bill, 2023, which ought to provide 33 per cent reservation to women in Lok Sabha and state Legislative Assemblies, unanimously. 454 Lok Sabha MPs voted in favour of ‘The Narishakti Vandan Adhiniyam’ Bill, and two from the AIMIM voted […]

The post Historic Women’s Bill Clears Parliament, Opposition Wants Caste Sub-Quota first appeared on Latest India news, analysis and reports on IPA Newspack.

By Steven Velegrinis Much of the ageing building stock that populates our cities’ skylines has either passed into disrepair or has dropped so much in value because it is no longer attractive compared to the newly launched set of buildings. The UAE reports several unfinished or delayed hotel, commercial and residential projects experiencing financial difficulties, regulatory issues, or changing market conditions adding to the ageing building conundrum. […]

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Enjoy instant discounts and earn bonus member points at CDFI stores with UnionPay card HONG KONG SAR – Media OutReach – 22 September 2023 – With the outbound travel of Mainland Chinese residents on the rise, accounting for more than 70% of the total visitor arrivals in Hong Kong in the first half of the year, China Duty Free International (CDFI), in collaboration with UnionPay International, has […]

ECO Clean Office, a leading provider of cleaning services, has forged a partnership with Helpling, a home service platform. Keep reading on to find out how this collaboration is set to reshape the landscape of home services, ushering in a new level of convenience, quality, and innovation. SINGAPORE – Media OutReach – 22 September 2023 – ECO Clean Office, a leading provider of commercial cleaning services in […]

HONG KONG SAR – Media OutReach – 22 September 2023 – In the relentless battle against antibiotic-resistant superbugs, science continues to unveil ingenious strategies to address their vulnerability. Like other bacteria, superbugs have a unique weakness – their dependence on iron for growth and survival. Iron serves as an essential nutrient that bacteria utilise for various cellular processes, including DNA replication, energy production, and other vital functions. […]

SINGAPORE – Media OutReach – 22 September 2023 – Singapore Carpentry, one of the leading companies in Singapore for custom carpentry, is thrilled to announce its partnership with Bamboo Veneer Specialist to introduce its latest offering – bamboo charcoal veneer. The unveiling of the new bamboo charcoal veneer caters to the ever-expanding demand for affordable yet opulent interior design solutions, and showcases Singapore Carpentry’s dedication to offering […]


Ahmed bin Mohammed approves DMI’s new strategy and corporate identity


DUBAI, 21sth September, 2023 (WAM) — H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second D
YINCHUAN, Sept. 21 (WAM) — The fifth China-Arab States Business Summit and Ningxia Industry Matchm

AJEX Logistics Services, the Saudi-headquartered Middle East specialist in express distribution and shipping solutions, announced its expansion into the United States market. This strategic move represents a significant milestone in the company’s global initiative to foster connectivity between Saudi Arabia and the world. AJEX’s presence in the U.S will serve as a pivotal element in providing seamless logistics solutions for E-Commerce brands, industrial connectivity, and global trade […]

Infobip has been recognized for its ability to execute and completeness of vision in the first Gartner Magic Quadrant™ for the Communications Platform as a Service (CPaaS) market KUALA LUMPUR, MALAYSIA – Media OutReach – 21 September 2023 – Global cloud communications platform Infobip has been named a Leader in the Communications Platform as a Service (CPaaS) market by analyst firm Gartner. In the first Gartner Magic […]

BANGKOK, THAILAND – Media OutReach – 21 September 2023 – KASIKORN Business-Technology Group (KBTG), Thailand’s leading tech organization and the technology arm of Kasikornbank, organized “KBTG Techtopia”, a thought-provoking and skill-awakening tech conference. This two-day event (1-2 September 2023) serves as a platform for more than 450 tech enthusiasts and members of various industries to explore the world’s latest trends, learn new things, connect with each other, […]

Brent crude’s meteoric 35% rise from $70 in early June to $95 as successive Saudi Arabian/Russian output cuts and a 3MBD supply deficit in the wet barrel market, have rewritten the monetary equations of global finance. This is a brutal tax on the global consumer that slams growth and boosts inflation at a time when China’s property crisis threatens a Japan style lost decade deflation, Europe’s industrial […]

In its new report, ‘A turning point for offshore wind’, Allianz Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry. Damage to cables is the top cause of insurance claims, followed by turbine failure. Speed of build-out is creating pressure on materials and supply chains, port infrastructure, and available construction and maintenance vessels. Bigger turbines and new technology drive bigger exposures […]

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Chicago-based Venture Firm Gains Approval to Co-Invest in New Jersey’s High-Growth Startups through the NJIEF Program

CHICAGO, IL, UNITED STATES, September 20, 2023/EINPresswire.com/ — EMERGING Fund Management LLC today announced its approval as a Qualified Venture Firm (QVF) by the New Jersey Economic Development Authority (NJEDA) for participation in the New Jersey Innovation Evergreen Fund (NJIEF). This recognition allows EMERGING Fund to leverage up to $12.5 million annually to co-invest in innovative, high-growth businesses based in New Jersey.

EMERGING Fund’s investment are focused on disruptive ventures employing technology to heighten guest experiences, streamline operations, and promote sustainable growth within the restaurant industry. With its strategic engagement, EMERGING Fund offers capital, industry expertise, and a resource network to support their portfolio companies in realizing their ambitious growth objectives.

“Working with NJEDA in this initiative gives us an opportunity to help some of the state’s most promising restaurant and restaurant technology entrepreneurs take their businesses to the next level and simultaneously contribute to building New Jersey’s economy,” said Mathew Focht, General Partner and Founder of EMERGING Fund. “With our capital investment as well as access to a Who’s Who of restaurant industry veterans for strategic advice and mentorship, we can provide critical strategic growth resources for the next generation of businesses in this space.”

The NJIEF, established under the New Jersey Economic Recovery Act (ERA) of 2020 and signed into law by Governor Phil Murphy in 2021, is a groundbreaking initiative enabling the State of New Jersey to become an equity investor in early-stage businesses. With a commitment of up to $300 million, the state collaborates with approved qualified venture firms like EMERGING Fund to co-invest, bringing the total investment potential to $600 million.

The NJIEF’s unique approach to funding, which includes capital raised from the sale of tax credits auctioned in December 2022, aims to bolster the growth of New Jersey’s high-growth businesses. The program has garnered attention from venture firms nationwide, all recognizing New Jersey’s leadership in innovation.

NJEDA Chief Executive Officer Tim Sullivan recently emphasized the state’s dedication to innovation, stating, “The NJIEF offers a unique and responsive solution for getting capital into the hands of the state’s youngest companies while also building on New Jersey’s role as a leader in innovation.”

EMERGING Fund Management LLC joins two other venture capital firms approved in this recent round, bringing the total number of qualified venture firms to ten. Each firm can access the designated funds to co-invest in New Jersey’s most promising startups.

About EMERGING Fund
EMERGING Fund is among the first growth capital funds to pinpoint the explosive convergence of technology, “ResTech,” and restaurant & entertainment concepts. EMERGING Fund provides capital, strategic assistance, and industry knowledge to forward-thinking companies within the sector. With an emphasis on using technology to effect positive change, EMERGING Fund aims to transform the restaurant industry by investing in ventures that re-imagine the guest experience, enhance operational efficiency, and promote sustainability. For more information, visit https://EMERGING.com/fund/

David Bagley
Chief Investment Officer, EMERGING Fund
630-248-4145
email us here


Nahyan bin Mubarak opens 'Tolerance Without Borders' Forum


ABU DHABI, 20th September, 2023 (WAM) – Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance
DUBAI, 20th September, 2023 (WAM) – H..H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second D

Karl Escritt If all the recent talk of artificial intelligence’s rapid growth is filling you with a sense of dystopian dread, you might be surprised to learn that AI is already playing a prominent role in our lives. From the first scroll through your social media accounts in the morning to that late-night shopping spree on Amazon, AI is now enmeshed in our everyday routines. Here are […]

IT spending in the Middle East and North Africa (MENA) region is forecast to accelerate in 2024, increasing 4% from 2023, according to the latest forecast by Gartner, Inc. MENA’s IT spending is projected to total $183.8 billion in 2024, up from $176.8 billion in 2023. In comparison, global IT spending is projected to total $5.1 trillion in 2024. MENA software spending is expected to record double-digit […]

Latest In-Depth Market Report Projects 641 million gamers by 2027

As the fastest growing video games market in Asia by both revenue and total gamers, it is important for gaming and esports companies to understand the opportunities and challenges of the India market.”

— Lisa Hanson

SILICON VALLEY, CA, USA, September 20, 2023/EINPresswire.com/ — Niko Partners, the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa, today announced that India is the fastest growing gamer market in Asia, with more than 641 million people projected to be playing video games on a regular basis by 2027. This data is just a small part of the newly released 79-page 2023 Niko Partners India Games Market report, that includes Niko’s proprietary market model and 5-year forecast through 2027, along with qualitative and quantitative analysis on gamer demand, behavior and usage for mobile, PC, console games.

Insights from the research show that total gamers in India are forecasted to surge a remarkable 343% between 2017 and 2027, significantly higher than China’s 21% projected growth in the same time period. 71.8% of gamers in India also engage with esports in some capacity and 43% of total gamers are women. In addition to mentioning fast-growing international companies in India such as Krafton, Garena, and Riot Games, other notable domestic game companies are mentioned such as Gametion, Nazara and Loco.

“As the fastest growing video games market in Asia by both revenue and total gamers, it is important for gaming and esports companies to understand the opportunities and challenges of the India market,” said Lisa Hanson, CEO of Niko Partners. “India has significant room and momentum to grow, with more people having access to the internet and more people willing to play games as well as spend money on them. One key factor in revenue generation is localizing your game for the market.”

Key takeaways from the India Games Market Report include:

• Niko Partners projects India video games revenue across all platforms forecast to reach $868 million in 2023, up 21.2% YoY.
India’s video game market is forecast to reach $1.6 billion in 2027, growing at a 5-year CAGR of 17.2%.

• The number of gamers in India across all platforms is forecast to reach 444 million in 2023, up 12.1% YoY.
The number of gamers across all platforms in India is forecast to reach 641.2 million in 2027, growing at a 5-year CAGR of 10.1%.

• India is a mobile first market with 96.8% of total gamers playing on a smartphones or tablets.

• 31% of the 444.4 million gamers will spend on video games in 2023, with annual ARPPU reaching $6.38

• The return of BGMI and Free Fire are positive signs for the industry and foreign game companies looking to enter the market.

The India Games Market report has 79 slides and includes a comprehensive market model and 5-year forecast through 2027 by games segment, growth drivers, key genres, and trends. The report provides details on esports, livestreaming, localization, payments, financial transaction events, and regulations. It also offers recommendations for companies looking to tap into the fastest growing video games market in Asia. Contact us for more information on our methodology for our ongoing market intelligence services and reports.

For more information, please visit  https://nikopartners.com/india-games-market-report/

ABOUT NIKO PARTNERS

Niko Partners is the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa. Leveraging unmatched local expertise with a global perspective, Niko Partners delivers the most in-depth market intelligence on the world’s fastest-growing regions. With our deeper understanding of these markets, game developers, publishers, investors, and suppliers can make smarter business decisions with the utmost confidence. Our detailed reports, subscription insights, and custom consulting services dig into the details of nuanced, complex markets, empowering firms with a stake in the video game and esports ecosystems to make the right moves for their organizations. Coverage areas include East Asia (Japan, S. Korea, Chinese Taipei), China, Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam), India, and MENA (Saudi Arabia, UAE, and Egypt in North Africa). The company is based in Silicon Valley, with offices in Shanghai, Bangkok, Jakarta, and London. Learn more at www.nikopartners.com

Lisa Hanson
Niko Partners, Inc.
+1 415-269-7303
email us here

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