Lucid Motors, the electric vehicle manufacturer backed by Saudi Arabia’s Public Investment Fund (PIF), is set to launch a stock sale aiming to raise approximately $1.67 billion. This move comes as the company seeks to bolster its financial position amid o...

First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, has reported a remarkable performance for the third quarter of 2024. The bank posted a net profit of $1.2 billion, exceeding analysts’ expectations and reflecting a robust 38% yea...

Investors are increasingly drawn to Abu Dhabi’s property market, with substantial growth in return on investment (ROI) and a surge in foreign capital inflows. This trend has been particularly prominent in 2024, with off-plan developments and luxury real e...

The Central Bank of the UAE (CBUAE) is advancing its efforts to foster greater cross-border financial interoperability through its latest initiative, Project Aperta. This move comes as part of the CBUAE’s Financial Infrastructure Transformation programme,...

NMC Health, one of the leading healthcare providers in the United Arab Emirates, is set to invest millions of dollars in a significant expansion of its health services across the region. This initiative, announced by the company’s CEO, aims to enhance acc...

Online shoppers in the region expect to have more flexible and convenient delivery options, with a preference for home delivery Survey respondents claim quicker delivery times and real-time tracking tend to improve their online shopping experience Fear of...

BANGKOK, THAILAND – Media OutReach Newswire – 18 October 2024 – ONYX Hospitality Group, Thailand’s leading hospitality management company specialising in the management of hotels, resorts, serviced apartments, and luxury residences, is proud to announce i...

The upcoming BRICS summit in Kazan, Russia, is closely monitored for potential developments in economic cooperation and currency strategies. With the introduction of new members and the ongoing development of a BRICS currency, this gathering could mark a...

BANGKOK, THAILAND – Media OutReach Newswire – 17 October 2024 – Dusit Hotels and Resorts, under Dusit International—one of Thailand’s leading hotel and property development companies—announces its return to India with the anticipated soft opening of dusit...

SHENZHEN, CHINA – Media OutReach Newswire – 17 October 2024 – Global tech company OnePlus announced that it will launch its latest mobile operating system, OxygenOS 15, via an online event on its official channels on October 24th, 2024, at 3:30 PM GMT. As...

NASA has successfully launched the highly anticipated Europa Clipper spacecraft, marking a pivotal step in the quest to understand whether life might exist beyond Earth. This mission, centered around Jupiter’s moon Europa, aims to explore the potential ha...

Clean Energy Supporting the Canadian Battery Innovation Roadmap SHENZHEN, CHINA – Media OutReach Newswire – 17 October 2024 – As a brand dedicated to prioritizing user needs, LiTime has developed a lithium marine battery specifically for trolling motors,...

Sony’s shooter *Concord*, which was initially pulled from the market shortly after its underwhelming release, is generating fresh attention. Frequent updates on Steam in October 2024 have led to speculation that the game could see a resurgence, possibly a...

Dahua Technology MENA is showcasing a range of innovative products and solutions at GITEX Global 2024, positioning itself as a key player in the region’s rapidly growing video-centric AIoT market. The company is using the prestigious Dubai event to introd...

A coalition of funders has initiated a groundbreaking project aimed at bridging the gap between scientific research and policymaking, with a commitment of US$70 million. This significant investment will support the establishment of a comprehensive framewo...