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EPiC 2024 Grand Finale on 26 April 2024 features US$45 million investment to be arranged, up to US$5 million in HKSTP venture funding, US$240,000 in cash prizes, plus partnership opportunities This year’s finale features 80% of semi-finalists coming from 16 overseas markets All semi-finalists will have access to unrivalled benefits and opportunities provided by HKSTP’s innovation ecosystem HONG KONG SAR – Media OutReach Newswire – 18 March […]

Taiwan’s Ministry of Interior has commended cryptocurrency exchange Binance for its extensive collaboration with local law enforcement agencies in tackling virtual asset fraud. This recognition comes amidst a growing concern about fraudulent activities within the cryptocurrency space. According to the Ministry, Binance stands out among the over 1,000 international virtual currency exchanges. The company has reportedly provided crucial assistance in investigations by granting access to implicated accounts […]

HONG KONG SAR – Media OutReach Newswire – 18 March 2024 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) has joined hands with various partners and digital platforms to provide customers with protection tailored to their different needs in life. Its latest strategic partnership with AlipayHK offers customers 5-day travel insurance for only HK$1 and a host of HK$20 premium vouchers for a limited-time Easter promotion. Ms. […]

Leveraging New Partnership with IHG Hotels & Resorts for Launch of New Garner Hotel Brand Outside of North America Acquisition and repositioning of hotel properties, bringing in new design and branding concepts targeting untapped customer groups, to maximize asset value and return on investment Launch platform for Garner‘s expansion in Japan and Asia-Pacific, focusing on rapidly growing midscale traveler segment looking for high-quality well-priced accommodation in prime […]

In a move poised to disrupt the Indian e-commerce landscape, two industry titans, Shams and Smart.Studio, announced a strategic partnership today. This collaboration will combine Shams’s extensive logistics network and warehousing expertise with Smart.Studio’s prowess in web design, marketing automation, and data analytics. The result – a comprehensive e-commerce solution that empowers businesses of all sizes to establish and scale their online presence effectively. “We are thrilled […]

Corporate diversification and transformation strategy successfully yielding results, delivering sustained financial performance that surpassed guidance. Revenue increased 18% YoY, hitting a record high of USD 1.8 billion for FY2023. Strong underlying performance with EBITDA at USD 412 million for FY2023, a 13% increase YoY. Strong performance attributed to contract wins, record coal production, proactive cost management strategies and increased diversification to metallurgical coal which now contributes 19% […]

SHANGHAI, CHINA – Media OutReach Newswire – 14 March 2024 – The year 2023 marked a turning point for China as doors reopened, revealing a multitude of opportunities and pathways. Under the resumption of normalcy, the economy grew at a rate of 5.2% in 2023, according to the National Bureau of Statistics of China. As the economy recovers, sectors such as automotive, consumer electronics, and e-commerce have […]

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HANOI, VIETNAM – Media OutReach Newswire – 15 March 2024 – VinFast Auto (Nasdaq: VFS) has signed a distribution agreement with Jospong Group of Companies, Ghana’s leading multi-industry conglomerate, in Ghana and West African market. This deal marks the Vietnamese electric vehicle pioneer’s initial foray into the African market, solidifying its position as a frontrunner in the global shift towards sustainable transportation. Under this agreement, Jospong will […]

James M Dorsey This year’s US presidential elections are not the only potential hurdle confronting President Joe Biden’s multi-pronged vision for a Middle East peace once the Gaza war ends. So is Israeli intransigence, the prospect of a long-term insurgency in post-war Gaza, and increasing Saudi Chinese technological cooperation. The Biden administration is pushing for a multi-pronged comprehensive Middle East deal that would not only end the […]

Arabian Post Special The ongoing Red Sea crisis has cast a long shadow over the Gulf construction industry. While the initial reports focused on the disruption to material supply, a new wrinkle is emerging – the impact on the competitiveness of major construction players. With shipping costs soaring due to re-routed journeys around the Cape of Good Hope, construction firms are facing a significant cost escalation for […]

Over 1,300 exhibitors embrace rising opportunities in twin lighting fairs Buyer registration Link HONG KONG SAR – Media OutReach Newswire – 15 March 2024 -Lighting today has transcended its traditional role of mere illumination, emerging as a catalyst for enhancing well-being and creating a better environment for quality living. To embrace this exciting evolution and capitalise on the rising opportunities, the Hong Kong Trade Development Council (HKTDC) […]

Emirates Steel Arkan (ESA), a major steel and building materials producer in the United Arab Emirates, has signed a significant agreement with Bahrain Steel Company (BSC) to secure a steady supply of iron ore for the next five years. The contract, valued at approximately $2 billion, was finalized during a recent meeting of the Industrial Partnership for Sustainable Economic Growth initiative held in Bahrain. This strategic partnership […]

The Middle East and North Africa (MENA) region is experiencing a surge in mobile gaming, transforming it into a potential global leader in the industry. With a booming youth population, rising disposable incomes, and increased internet penetration, the MENA market is poised for explosive growth in the coming years. This past year marked a significant turning point. According to market research firm Newzoo, consumer spending on games […]

Hong Kong is ranked 10th – the only other Asian market in the top 10 most connected list Globalization reached a record high, despite pandemic and geopolitical conflict Current level of globalization at only 25 percent, citing large potential to continue growing global flows Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West SINGAPORE – Media OutReach Newswire – 13 […]

Abu Dhabi’s Mubadala Investment Company has partnered with Blue Opal Capital, a US venture capital firm specializing in investing in other venture capital funds (fund-of-funds). This strategic alliance positions Mubadala as the anchor investor for Blue Opal’s second venture capital fund, Ventures Fund II. The partnership allows Mubadala to gain indirect exposure to a diversified portfolio of US startups. Blue Opal Capital focuses on identifying and investing […]

HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) and PACM Group (Holdings) Limited (“PACM Group”) jointly announced that Oi Wah Mortgage Limited, the indirect wholly-owned subsidiary of the Group, has entered into the Subscription Agreement with the General Partner (co-owned by PACM Group […]

The United Arab Emirates’ Ministry of Energy and Infrastructure (MoEI) and its Chilean counterpart have signed a momentous Memorandum of Understanding (MoU) aimed at propelling their respective energy sectors forward. This strategic partnership underscores a shared commitment to a sustainable energy future and leverages the unique strengths of both nations. The MoU establishes a framework for comprehensive collaboration across a range of energy-related disciplines. A cornerstone of […]

The Dubai Multi Commodities Centre (DMCC) witnessed a surge in new companies in 2023, solidifying its position as a leading business hub. With a record-breaking year nearly achieved, DMCC welcomed a staggering 2,692 new businesses, bringing the total number of companies in its district to over 24,000. This significant growth is attributed to a combination of factors. The launch of new industry-specific ecosystems catered to diverse business […]

NTT Innovation Alliance Program creates a collaborative platform in Hong Kong, leveraging the company’s expertise and docomo business’ success in Hong Kong and Japan to co-create within a diverse tech ecosystem that encompasses enterprises, partners, universities and startups to commercialize future-ready solutions from Proof-of-Concept to the Go-to-Market stage. Partners in the program thus far include leading innovation hubs Cyberport and HKSTP, research center LSCM, academic research partners […]

HONG KONG SAR – Media OutReach Newswire – 12 March 2024 – The Jockey Club Multiple Pathways Initiative – CLAP-TECH Pathway (CLAP-TECH), funded by The Hong Kong Jockey Club Charities Trust, celebrated its fifth anniversary on Friday, 8 March. The ceremony was attended by over 130 industry partners and representatives from participating secondary schools, who shared how the programme has inspired students to pursue their dreams and […]

The 30th edition of the Dubai International Boat Show (DIBS) which concluded on March 3rd, 2024, further solidified the emirate’s position as the Middle East, Africa, and Asia’s premier marine event. This year’s show offered a glimpse into the future of the yachting industry, showcasing groundbreaking innovations, super-luxe vessels, and a record-breaking number of deals. A Celebration of Opulence The co-located ‘Marine Luxury Lifestyle’ exhibition served as […]

In a significant development aimed at mitigating the potential pitfalls of artificial intelligence (AI), the United States, China, and the European Union announced a collaborative effort to establish a framework for global AI governance. This initiative comes amidst growing tech tensions between these economic powerhouses, highlighting a shared recognition of the need for international cooperation in navigating the complexities of advanced AI. The primary focus of this […]

SINGAPORE – Media OutReach Newswire – 12 March 2024 – Poddster, a pioneering network of video podcast production studios that empower the podcasting community, has established its Asian headquarters in Singapore as the company embarks on its international expansion. The Poddster location at Frontech Center in Bukit Merah is the company’s first to open outside of Dubai. The state-of-the-art 4,000 square-foot venue includes four large professional studios […]

Featured over 3,000 vacancies from more than 300 tech companies while over half of visitors interviewed on-site on a record-breaking day HONG KONG SAR – Media OutReach Newswire – 11 March 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) successfully held the “Talent Power Up” I&T Career Expo 2024 which lured a record-high 6,000 visitors to explore over 3,000 job opportunities from more than 300 […]

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