By Saifur Rahman Investment Corporation of Dubai, an investment arm of the Government of Dubai, reported a 68 percent jump in net profits to a new record of Dh60.8 billion on Dh310.2 billion in revenue for the year ended 31 December 2023. This growth has been backed with strong growth reported by the Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its […]
Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain SINGAPORE – Media OutReach Newswire – 28 May 2024 – The Asia-Pacific region stands as the cornerstone of global textile and garment manufacturing. As the industry navigates the rapidly evolving landscape, the inaugural Asia-Pacific Textile and Apparel Supply Chain Expo & Summit (APTEXPO 2024) is poised to be a catalyst to help the stakeholders thrive and overcome the […]
A Delightful Fusion of Tradition and Versatility KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2024 – Ahmad Tea, the renowned global tea brand, is thrilled to announce the arrival of its latest creation, the London Blend, in the vibrant tea market of Malaysia. This exceptional blend is crafted with precision and passion, embodying the timeless elegance and versatile essence of English tea culture. Ahmad […]
Japanese financial services giant Nomura Holdings and its digital asset subsidiary, Laser Digital, are joining forces with GMO Internet Group to delve into the issuance of stablecoins pegged to both the Japanese yen (JPY) and the United States dollar (USD) within Japan. This collaborative effort signifies a growing interest in stablecoin technology from established financial institutions in the Asian nation. The announcement, made on May 27, 2024, […]
HANOI, VIETNAM – Media OutReach Newswire – 27 May 2024 – VinFast Auto has officially signed an exclusive dealership agreement with one of the UAE’s premier automotive dealerships, Al Tayer Motors, for the distribution of VinFast electric vehicles (EV) in the country. The inaugural facility is planned to open in 2024 and will initially retail four VinFast e-SUV models, VF 6, VF 7, VF 8, and VF […]
MALACCA, MALAYSIA – Media OutReach Newswire – 27 May 2024 – This year commemorates the 50th anniversary of diplomatic relations between Malaysia and China, an occasion celebrated with enthusiasm across the nation, especially in the vibrant Jonker Street of Melaka. BEST Express Malaysia, established in Melaka four years ago, has been at the forefront of providing efficient, reliable, and customer-centric logistics services. By incorporating modern conveniences and […]
The Environment Agency-Abu Dhabi (EAD) has announced a significant step forward in preserving the Al Wathba Wetland Reserve. The third phase of the reserve’s habitat rehabilitation program is underway, aiming to enrich the biodiversity and establish a natural barrier around the wetland. This initiative comes after the successful completion of the program’s first two phases, which focused on designing and installing an irrigation system across the vast […]
The cultural landscape of Sharjah received a significant boost on May 27, 2024, with the inauguration of the Arab Theater Institute’s (ATI) permanent headquarters in Al Hira. His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah and Honorary President of the ATI, presided over the opening ceremony. The inauguration marks a new chapter for the ATI, a premier institution dedicated to promoting and […]
A joint venture led by Oman’s ARA Petroleum has been awarded a 25-year development license for the Ntorya Gas Field, the largest onshore gas reserve in Tanzania. The announcement, made by ARA Petroleum on behalf of the Ruvuma joint venture (Ruvuma JV), marks a significant step towards bolstering Tanzania’s domestic gas supplies. ARA Petroleum, a subsidiary of Oman’s Zubair Corporation, established the Ruvuma JV in 2014. The […]
Bahrain’s Foreign Minister, Dr. Abdullatif bin Rashid Al Zayani, recently spoke about the Gulf Cooperation Council’s (GCC) unwavering commitment to its member states. He emphasized the GCC’s role in fostering regional security, economic prosperity, and a spirit of cooperation on a global scale. Dr. Al Zayani highlighted the historical and cultural ties that bind the GCC nations together. He pointed to their shared religion, language, and geographical […]
Over 100 talented chefs from around the world harnessed the authentic flavours of Lee Kum Kee sauces as they vied for the prestigious title VANCOUVER, CANADA – Media OutReach Newswire – 24 May 2024 – From 21-23 May, elite chefs from across the globe converged on Vancouver, Canada to compete for the cooking crown at the 9th World Championship of Chinese Cuisine (WCCC). Lee Kum Kee served […]
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. […]
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. […]
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 […]
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) participated in the inaugural meetings of the “Doha Dialogue” this week, a forum designed to improve cooperation between Gulf Cooperation Council (GCC) countries, Jordan, and Lebanon on the recruitment of temporary migrant workers from African nations. The initiative, launched in Doha, Qatar, aims to establish a more efficient and ethical framework for recruiting African workers, ensuring their rights and well-being throughout the […]
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 […]
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 […]
The International Exhibition for National Security and Resilience (ISNR) Abu Dhabi 2024 is a hub for cutting-edge security solutions, and this year, UAE companies are at the forefront, showcasing their latest advancements. The Emirates Defence Companies Council (EDCC) pavilion is a prime example, featuring industry leaders like Saab, Avantgarde, and CAE. These companies are drawing attention with their sophisticated systems designed to address contemporary security challenges. A […]
Chairman Chen Zhi Secures Visionary Leader Award as Prince Group Captures Best CSR Program PHNOM PENH, CAMBODIA – Media OutReach Newswire – 21 May 2024 –Neak Oknha Chen Zhi, Chairman of Prince Holding Group, has been honored with the prestigious Visionary Leader Award for the second consecutive year at the Global Brand Awards 2024. Simultaneously, Prince Holding Group has received the “Best CSR Program” award for its […]
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 […]
