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Bottom 50 Per Cent Earned Less Than 198 Rupees Daily, PM Modi Calls It Rising India

Dubai Aerospace Enterprise Secures US$420 Million Cash Injection

Dubai Aerospace Enterprise (DAE), a leading player in the global aviation services sector, announced the signing of a significant financing agreement on March 20, 2024. The company secured a US$420 million, five-year unsecured term loan from China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This strategic move strengthens DAE’s financial flexibility and provides a crucial cash injection to support the company’s future […]

Social Snap: Snapchat Partners with OptimizeApp to Supercharge MENA’s Small Businesses

Social media giant Snapchat has joined forces with Kuwaiti advertising tech startup OptimizeApp in a strategic partnership designed to empower small and medium-sized enterprises (SMEs) in the Middle East and North Africa (MENA) region. This collaboration aims to revolutionize digital advertising for SMEs by providing them with the tools and support they need to thrive in the competitive online landscape. OptimizeApp’s user-friendly platform simplifies the process of […]

BlackRock Makes Splash in Tokenized Securities with Ethereum-Based BUIDL Fund

Asset management giant BlackRock has taken a significant step into the world of tokenized securities with the launch of its first such fund, BUIDL, built on the Ethereum blockchain. This move signifies a growing trend of traditional finance (TradFi) embracing blockchain technology to create digital representations of real-world assets (RWA) – a process known as tokenization. BUIDL, the BlackRock USD Institutional Digital Liquidity Fund, offers qualified investors […]

Say Goodbye to Fake Reviews: Revvy is Focused on Keeping it Real.

Revvy: Authentic product review app for iOS and Android. Real user experiences across categories. Features: genuine reviews, community engagement, AI-driven discovery, social connectivity. Creators earn through affiliate links and a Creator Program. Austin, Texas, United States – March 21, 2024 — Revvy: The Honest Product Review App Now Available on iOS and Android In an era where online shopping is the norm, consumers are often overwhelmed by […]

Leaders People Love by Yeo Chuen Chuen Wins Silver Medal in Axiom Business Book Awards 2024

SINGAPORE – Media OutReach Newswire – 21 March 2024 – Leaders People Love, an essential companion for contemporary leaders by Yeo Chuen Chuen, founder of ACESENCE Agile Leadership, has been honored with a prestigious Silver Medal in the 2024 Axiom Business Book Awards under the category of Company Culture. Yeo Chuen Chuen, author of Leaders People Love Among the awardees this year are numerous thought leaders in […]

Skyborn Announces Leadership Transition

Patrick Lammers, former Chief Operating Officer – Commercial (COO-C) at E.ON, joins Skyborn Renewables as Chief Executive Officer (CEO) 1 June, 2024 Thomas Karst to retire as Chief Executive Officer (CEO) 31 May, 2024, and will continue in an advisory capacity to support an effective transition for Skyborn BREMEN, GERMANY – EQS Newswire – 20 March 2024 – Skyborn Renewables (Skyborn) is pleased to announce that Patrick […]

DAE Bolsters Financial Runway with US$420 Million Loan

Dubai Aerospace Enterprise (DAE), a leading player in global aviation services, has secured a significant financial boost with a new US$420 million, five-year unsecured term loan. The agreement, finalized on March 20, 2024, involves China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB) and signifies a strategic move for DAE. Firoz Tarapore, Chief Executive Officer of DAE, expressed his enthusiasm about the deal, […]

Bentley Motors Revs Up Third Edition of Mentorship Program for Women in STEM

Bentley Motors is shifting gears towards the future by announcing the third edition of its impactful Extraordinary Women mentorship programme. This initiative, designed to empower the next generation of female leaders, brings together promising students, prestigious universities, and accomplished women they call “Pioneers” – all focused on fostering excellence in STEM (Science, Technology, Engineering, and Mathematics) fields. Building on the success of the previous two years, the […]

Ultrahuman Raises 35M to accelerate growth and research in the health monitoring space

By collating a large set of biomarkers on an integrated platform across a range of products, Ultrahuman is able to create a grand unified view of the human body. London, UK – March 20, 2024 — The pioneer in wearable tech Ultrahuman has today announced a $35 million equity and debt investment round. The series B funding round saw participation from venture capital firms Blume Ventures, Steadview […]

Engine of Diversification: Abu Dhabi’s Factories Rev Up With Surge in Licenses

Abu Dhabi’s industrial sector is firing on all cylinders, with a staggering 51% increase in new industrial licenses issued in 2023 compared to the previous year. This surge, reported by the Abu Dhabi Department of Economic Development, reflects the emirate’s ambitious plans to diversify its economy and transition away from a reliance on oil. The growth aligns with the Abu Dhabi Industrial Strategy, launched in 2022 by […]

Criminal Intent Of Electoral Bonds Was Clear From The Day Of Inception

TUMI Appoints Aris Maroulis as Vice President for TUMI Asia-Pacific & Middle East

HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – TUMI, the leading international travel and lifestyle brand has appointed Aris Maroulis as the new Vice President for Asia-Pacific and Middle East, with immediate effect. Based in Hong Kong, Maroulis will be responsible for building the brand, overseeing operations, and managing overall business in the region. Maroulis will report directly to Subrata Dutta, President – […]

Prudential plc Full Year 2023 Results: Continuing Strong Performance

HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – Prudential plc (“Prudential”; HKEX: 2378; LSE: PRU) today announced its financial results for the year ended 31 December 2023. Performance highlights on a constant (and actual) exchange rate basis New business profit up 45 per cent (43 per cent) to $3,125 million. Excluding the effect of interest rate and other economic movements, new business profit […]

Chubb and Atome announce regional partnership to drive consumer protection across Southeast Asia

SINGAPORE – Media OutReach Newswire – 20 March 2024 – Chubb, a world leader in insurance, and Atome, one of Southeast Asia’s leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome’s customers in Singapore, Malaysia, the Philippines and Indonesia. Ben Howell, Regional […]

Prince Foundation Awards Third Batch of Chen Zhi Scholarship For 100 Recipients, Empowering Cambodia’s Next Generation

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 19 March 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, has recently hosted the third Chen Zhi Scholarship Award Ceremony, marking a significant advancement in educational empowerment. This event celebrated the selection of 100 students who are set to begin a transformative educational journey. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of […]

Thuraya in Partnership for Remote Healthcare and Education

Thuraya Telecommunications Company, a leader in mobile satellite services, has announced a strategic partnership with Niflink, a provider of advanced e-learning and telemedicine solutions. This collaboration aims to bridge the gap in remote areas by offering critical healthcare and educational services via Thuraya’s expansive satellite network. The partnership leverages Niflink’s adaptable telemedicine and e-learning platforms, optimized to function seamlessly across Thuraya’s network spanning the Middle East, Africa, […]

Freshippo’s Global Go Business More Than Doubles GMV

Retailer to adds new drivers to boost global product choice HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Freshippo, Alibaba Group’s digital intelligence-powered new retail company, has announced that its Global Go business has recorded year-on-year GMV growth of over 100%. Global Go provides consumers in China with value-for-money import products, sourced at origin through Freshippo’s global supply chain network. To continue to […]

Crypto Under Scrutiny: EU Tightens Anti-Money Laundering Net

European Union lawmakers have taken a significant step towards clamping down on financial crime with the provisional approval of three pillars of a wide-ranging anti-money laundering (AML) package. The new regulations, designed to crack down on illicit activities across the bloc, will bring cryptocurrency service providers under stricter scrutiny and establish a dedicated EU-level AML authority. This move signifies a major shift in how the EU tackles […]

THXNET. Announce Strategic Partnership With Coinweb To Accelerate Blockchain Adoption For Web2 Enterprise.

TOKYO, JAPAN – Media OutReach Newswire – 19 March 2024 – THXNET., Japan’s premier Web3 enabler and a leading Web3aaS Plug & Play Blockchain Network ecosystem innovator, is excited to announce its strategic partnership with Coinweb, a distinguished layer 2 interoperability platform. This collaboration signifies a transformative leap in the development of Web3 ecosystems, leveraging THXNET.’s innovative Web3 solutions alongside Coinweb’s powerful infrastructure. To support this integration, […]

Abu Dhabi’s Masdar Doubles Down on US Renewables with Terra-Gen Acquisition

Abu Dhabi’s clean energy champion, Masdar, has struck a deal to acquire a 50% stake in Terra-Gen, a leading US renewable energy producer. This strategic move strengthens Masdar’s foothold in the booming American clean energy market and bolsters Terra-Gen’s growth trajectory. The acquisition, announced on March 19, 2024, sees Masdar acquiring the stake from Energy Capital Partners (ECP), a prominent investor in energy transition projects. ECP will […]

Kaplan Singapore and Aston University Forge Landmark Partnership to Offer Doctorate and Other Postgraduate Degrees

Partnership also sees Aston Business School making its debut in Singapore SINGAPORE – Media OutReach Newswire – 19 March 2024 – Kaplan Singapore1 (Kaplan) has today announced Aston University from the United Kingdom as its newest university partner. The partnership will see an exciting array of in-demand Postgraduate Degree programmes, including Doctor of Business Administration and a suite of Master of Science programmes being offered to students […]

United Arab Emirates Pushes for Solo Act in Trade Talks with European Union

The United Arab Emirates (UAE) is seeking to initiate separate trade negotiations with the European Union (EU), according to informed sources, as discussions involving the entire Gulf Cooperation Council (GCC) bloc appear to have stalled. The GCC, a six-nation economic and political alliance that includes the UAE, Saudi Arabia, Bahrain, Qatar, Oman, and Kuwait, has been engaged in on-again, off-again free trade agreement (FTA) talks with the […]

South Korean Bitcoin Investors Spice Up the Market with Three-Year High Premium

South Korea’s vibrant cryptocurrency market is bubbling over once again, with Bitcoin experiencing a surge in demand that’s pushing its price significantly higher than global averages. According to CryptoQuant CEO Ki Young Ju, the premium on Bitcoin, often referred to as the “Kimchi premium,” has reached a three-year high of 10%. This means that Bitcoin is currently trading roughly 10% higher on South Korean exchanges compared to […]