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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 October 2025 – The importance of gastrointestinal health, or maintaining a healthy digestive system, has become a growing focus for researchers and innovators worldwide. Reflecting this commitment, Monash University Malaysia and Tata Chemicals Limited have entered into a strategic partnership dedicated to advancing research in the gut microbiome and gut health. The collaboration, formally established through a Memorandum […]

Goldman Sachs and a subsidiary of the Abu Dhabi Investment Authority have entered into a co-investment alongside PAI Partners in Froneri, valuing the ice­cream conglomerate at around €15 billion, including debt. The transaction restructures PAI’s 50 per cent stake in Froneri by rolling it into a new vehicle, with ADIA as a “significant minority” and a Goldman-led continuation vehicle also taking a position.

PAI has formally completed the €3.6 billion equity transaction, creating a fresh ownership arrangement for its Froneri shareholding. The Goldman Sachs Alternatives instruments, deployed via a single-asset continuation vehicle, attracted oversubscription, while the ADIA subsidiary secured its role as co-investor. PAI emphasised the move underscores confidence in Froneri’s trajectory and enables further growth ambitions. The firm also appointed Weil as legal counsel for the transaction.

Froneri, launched in 2016 as a 50:50 joint venture between PAI’s R&R Ice Cream and Nestlé’s European ice cream operations, now reports annual revenues near €5.5 billion and over 12,000 employees across 25 markets. In 2019 it further expanded by acquiring Nestlé’s U. S. ice cream arm—bringing brands such as Häagen-Dazs, Drumstick, and Outshine into its portfolio. That acquisition elevated Froneri’s global presence and sharpened the competition with Unilever’s Ice Cream business, soon to be spun off as Magnum Ice Cream Company.

Nestlé is retaining its circa 50 per cent share in Froneri and has expressed support for this new capital injection and structural reset. PAI, on its part, expects the new format to help it maintain alignment with institutional investors while reaping long-term value from an asset already showing consistent growth.

The ADIA involvement aligns with the sovereign fund’s strategy to diversify into private equity and alternative investments. ADIA was among the most active sovereign wealth funds in the first nine months of 2025, particularly in co-investment deals and private equity events across global markets. Placing capital into a well–established consumer goods platform like Froneri helps balance its portfolio between growth and stability.

Continuation vehicles, such as the one orchestrated by Goldman Sachs in this case, have seen increasing adoption in private equity markets. They allow firms to extend holding periods for assets beyond the life of original funds, while offering liquidity options to existing limited partners. In this Froneri transaction, demand exceeded expectations—signalling investor appetite for high-quality consumer assets.

Shared services hub to build on early momentum and further enhance all-in-one platform to empower financial advisory firms SINGAPORE – Media OutReach Newswire – 2 October 2025 – PROPEL with Singlife, the one-stop shared services hub for financial advisory firms, announces today that it has onboarded over 1,300 financial adviser representatives (FARs), just nine months after its official launch. PROPEL continues to solidify its position as the […]

A joint venture between UAE grocer Spinneys and Philippines conglomerate Ayala Corporation aims to introduce premium supermarkets across the archipelago, with the first outlet slated for the fourth quarter of 2026. Ayala will control 60 per cent of the venture, with Spinneys holding the remaining 40 per cent, launching the Dubai-based brand’s first expansion beyond the Gulf Cooperation Council. The two-phase deal calls for Spinneys to bring […]

Hong Kong startups and business leaders join renowned entrepreneur on his first Asia tour to explore the mindset behind successful founders HONG KONG SAR – Media OutReach Newswire – 30 September 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) and Tatler called on the innovation community to “Keep Up with Steven Bartlett”, at an exclusive breakfast dialogue with the world-renowned entrepreneur and host of the […]

HONG KONG SAR – Media OutReach Newswire – 30 September 2025 – KPMG celebrated its 80th anniversary in Hong Kong last Friday, reaffirming its enduring commitment to the city’s growth and its role as a leading international financial centre. The milestone event, held at the Hong Kong Convention and Exhibition Centre, was graced by The Honourable John KC Lee, The Chief Executive of Hong Kong Special Administrative […]

BANGKOK, THAILAND – Media OutReach Newswire – 29 September 2025 – Siam Paragon, a legendary landmark in the heart of Bangkok, Thailand, and a must-see destination for local and international visitors, will unveil three world-class attractions later this year. With an investment of over THB 1.25 billion (approximately US$39 million) and a marketing budget of THB 200 million (US$6 million), this bold initiative underscores Siam Paragon’s commitment […]

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Arcapita Group Holdings has divested nine industrial real estate assets totalling 1.5 million square feet in Indianapolis, Indiana, to logistics specialist Capital Partners. The firm described the transaction as a key value realisation under challenging market conditions. The assets comprised a diverse mix of office, flex, and distribution facilities. Throughout the holding period, the portfolio generated steady income and delivered “meaningful value appreciation”, according to Arcapita’s statement. […]

0.1 percent of first-year regular premium equivalent from Family Takaful products launched after 1 August 2025 will be donated to the Community Chest of Singapore SINGAPORE – Media OutReach Newswire – 30 September 2025 – Etiqa Insurance Singapore, the insurance arm of Maybank Group, today announced a charity pledge linked to the launch of its latest Takaful products. Invest purpose, a new Shariah-compliant investment-linked plan designed for […]

Sheikh Mohammed bin Zayed Al Nahyan received Sam Altman, chief executive of OpenAI, in Abu Dhabi on Saturday, where they engaged in talks designed to deepen AI collaboration between UAE institutions and OpenAI. The meeting concentrated on intensifying research cooperation, advancing practical AI applications, and aligning strategies to bolster the UAE’s integrated AI ecosystem. The UAE’s state media noted the partnership “aligns with the UAE’s ambition to […]

Beacon Media, the entertainment venture co-founded by wellness advocate Dr Deepak Chopra, has joined forces with MovieVerse Studios — the mainstream content arm of IN10 Media Network — to launch a content alliance aimed at elevating storytellers across the Global South. The partnership seeks to establish a “borderless content ecosystem” connecting Hollywood, India, the Middle East, Africa and Latin America — with a prospective audience reach exceeding […]

Dubai has secured a position among the world’s top four FinTech centres, according to the latest Global Financial Centres Index published on 25 September, signalling a pivotal shift in the emirate’s financial technology trajectory.

The GFCI report places Dubai at 11th globally in the overall ranking of financial centres, but underscores its standing as one of the most dynamic hubs for FinTech innovation. The Dubai International Financial Centre has played a central role in driving this transformation.

DIFC now houses over 1,500 companies focused on AI, FinTech, and innovation, making it the region’s largest cluster of its kind. These firms have collectively raised more than US$4.2 billion in funding, strengthening the UAE’s appeal as a destination for growth-stage tech ventures. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Minister of Finance, credited the rise to the strategic goals of the Dubai Economic Agenda D33 and to Dubai’s business-friendly infrastructure and regulatory regime.

Essa Kazim, Governor of the DIFC, stressed that the momentum reflects long-term planning and deep investment. He noted that positioning Dubai among the top global FinTech players has required calibrated incentives, robust legal frameworks, and international partnerships. Arif Amiri, Chief Executive Officer of the DIFC Authority, said the locale’s success stems from synergy among institutional support, talent attraction, and ecosystem-building efforts.

Dubai’s ascent in the FinTech league emerges amid intensifying global competition. Traditional financial centres such as London, Singapore, and Hong Kong continue to maintain strong footholds, leveraging established networks, global institutions, and mature regulatory systems. Yet Dubai’s rapid rise indicates that newer hubs with nimble regulation and aggressive incentives can leapfrog in the tech-driven financial services landscape.

The GFCI 38 ranking shows Dubai overtaking several peers in the Gulf and Asia, with the city gaining one rank to 11th place overall and closing gaps in score metrics used to assess competitiveness, such as human capital, reputation, and business environment. The GFCI emphasises that “expected future significance” is one of the domains in which Dubai leads globally—an indication that market participants foresee further growth in its influence.

Dubai’s Roads and Transport Authority has revealed a 15-kilometre Dubai Autonomous Zone, an integrated corridor designed to link driverless land and water transport modes. The zone will stretch from Creek Station on the Metro Green Line through Al Jaddaf toward Dubai Creek Harbour and Festival City. The plan aims to weave Metro, RoboTaxis, RoboBuses, self-driving shuttles, autonomous abras, driverless logistics vehicles and street-sweeping bots into one seamless […]

SINGAPORE – Media OutReach Newswire – 26 September 2025 – Singapore lawyers will soon be able to gain specialised skills in family office advisory through a strategic partnership between the Wealth Management Institute (WMI) and the Law Society of Singapore. This multi-year training initiative aims to equip Singapore’s 6,500 practising lawyers with specialised skills to serve the rapidly growing family office sector. Training agreement signed on 26 […]

With Singapore as its regional headquarters in APAC and new operations in China, the payments orchestrator is simplifying cross-border commerce for global merchants. Yuno is also announcing the regional availability of NOVA, the company’s first-of-its-kind suite of agentic AI solutions that turn payment friction into growth. SINGAPORE & NEW YORK, US – Media OutReach Newswire – 25 September 2025 – Yuno, the global payment orchestration platform, today […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 September 2025 – Eligible Malaysian CPA Australia members are first to have the chance to enjoy temporary work placement in Australia. This is part of a broader Young Professionals Exchange Program organised by the Australian Department of Foreign Affairs and Trade being made available in Malaysia first before being rolled out to other Southeast Asian markets. Any organisation […]

Meta has partnered with Circus SE, a leading European AI company, to extend its artificial intelligence capabilities to the defence and security sectors. This collaboration signals Meta’s growing commitment to leverage AI technologies for a range of applications, including military and security operations, aiming to strengthen both European and global defence strategies. Meta, which has been investing heavily in AI over the past few years, is shifting […]

Leading Financial Institutions, Regulators, and Tech Innovators Converge to Accelerate Hong Kong’s AI Readiness and Global Leadership HONG KONG SAR – Media OutReach Newswire – 24 September 2025 – Citi Hong Kong, in collaboration with Mastercard and the FinTech Association of Hong Kong (FTAHK), successfully co-hosted the “Creating an AI Ready Economy” forum yesterday. Riding on the success of last year, this flagship event, now in its […]

New data centers and service centers designed to enhance infrastructure coverage and stay ahead of global growing demand for AI and Cloud services Full-stack AI and Cloud capabilities fuel innovations withglobalpartners and customers HANGZHOU, CHINA – Media OutReach Newswire – 24 September 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced its latest strategic plans to launch its first data centers […]

HO CHI MINH, VIETNAM – Media OutReach Newswire – 24 September 2025 – ECOVACS, a global leader in intelligent home robotics, unveiled its flagship DEEBOT X11 Family for the first time in the APAC region. The prestigious regional launch event brought together over 600 guests, including key distributor partners, leading influencers, and prominent tech media representatives, who gathered in Ho Chi Minh City for an exclusive firsthand […]

Wynn Al Marjan Island, a joint venture between Wynn Resorts, Marjan, and RAK Hospitality Holding, is poised to open in March 2027 as the UAE’s first fully integrated gaming resort. The project has breached its 61st floor on the 70‐storey tower, and developers say construction is progressing “on plan.” The resort will feature over 1,542 hotel rooms, more than 22 restaurants and lounges, and a hotel tower […]

HONG KONG AND SHANGHAI, CHINA – Media OutReach Newswire – 22 September 2025 – Hang Lung Group Limited (SEHK stock code: 00010) and Hang Lung Properties Limited (SEHK stock code: 00101) (collectively known as “Hang Lung” or “the Group”) today hosted a cocktail reception to celebrate their 65th anniversary, gathering important business partners, industry leaders, and key stakeholders to commemorate its legacy, and to explore what the […]

HONG KONG SAR – Media OutReach Newswire – 22 September 2025 – In his fourth Policy Address (September 17), John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), set out strategies to advance the integrated development of culture, sports and tourism, creating a robust self-reinforcing cycle to generate fresh economic momentum and raise Hong Kong’s global appeal. The Government will consolidate Hong Kong’s position […]

More than 180 UAE government Chief AI Officers gathered in Washington under the aegis of the US-UAE Business Council to build partnerships with US tech firms and experts, intensifying the country’s drive in AI governance and cybersecurity. The event leveraged sessions with global business leaders and government officials to share expertise in advanced technology, highlighting the AI Chief Executives Model as a catalyst for digital governance reforms.

Engineer Mohamed bin Taliah, Chief of Government Services, underscored that AI adoption across UAE government remains a top priority, anchored in strategic goals to elevate digital governance globally. He asserted that engaging directly with leading technology companies offers vital exposure to best practices, and that empowering local talent via high-level training is essential to establishing an innovative and “smarter” digital future.

Dr Mohamed Al Kuwaiti, heading the Cybersecurity Council for the UAE Government, flagged an increase in complexity and frequency of cyber threats, saying that international cooperation is now non-negotiable. He described protection of critical infrastructure, data privacy, and AI-driven defence as areas requiring urgent collaboration, emphasising building resilience through national expertise and shared knowledge.

Dr Abdulrahman Al Mahmoud of the Artificial Intelligence, Digital Economy, and Remote Work Applications Office explained that the purpose of the visit is to position the UAE as a global node for innovation. He said the delegation’s exchanges aim at unlocking joint innovation opportunities, shaping practical AI solutions, and reinforcing the UAE’s digital transformation strategy.

Participants included leaders from SmartCohort, Dell Technologies, PwC, and organisations like Cisco, Google, IBM, Oracle, Applied AI, Akamai, Core42 and Cloudflare, among others.

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