CYVN Holdings Expands Portfolio with McLaren Automotive Acquisition
by Abu Dhabi-based CYVN Holdings is set to acquire the automotive division of the renowned British luxury car manufacturer, McLaren. This significant move represents a strategic …
Tag: Holdings
NextGen.AI Secures S$450,000 Pre-Seed Investment from Asiawide Print Holdings, to Scale AI Innovation in Singapore and across SEA
SINGAPORE – Media OutReach Newswire – 18 October 2024 – NextGen.AI (NGAI), an Singapore-based AI startup founded by Frank HO and his team of former …
Tesla Transfers 11.5k Bitcoin Holdings to New Addresses
Tesla has shifted its substantial Bitcoin holdings, totaling 11,500 BTC, valued at roughly $760 million, to new, unmarked digital addresses. This significant movement has sparked …
Nio and CYVN Holdings drive EV innovation in Abu Dhabi debut
Nio, the Chinese electric vehicle (EV) manufacturer, has taken a strategic step forward by partnering with Abu Dhabi-based CYVN Holdings to enhance EV production and …
DL Holdings intends to acquire part of a Singapore-based wealth management firm at valuation of US$50M
HONG KONG SAR – Media OutReach Newswire – 20 September 2024 – DL Holdings Group Limited (“DL Holdings” or the “Company“, together with its subsidiaries, …
YesAsia Holdings 2024 Interim Net Profit Rises Sixfold to US$11.1 Million Total Revenue Up by 80.2% to US$163.35 Million
Sustaining Momentum Fueled by Robust Global Demand for K-Beauty Products Results Highlights Revenue and net profit grew 80.2% to US$163.35 million and 610.6% year-on-year to …
Avenir Group Becomes Top Institutional Holder of Two Major Bitcoin ETFs in Asia Bitcoin ETF Holdings Totaled US$384 Million in Q2
HONG KONG SAR – Media OutReach Newswire – 20 August 2024 – Avenir Group, a global institutional family office focused on multi-strategy investment trading powered …
Watania International Holdings Sees AED 7.9 Million Profit in 2024
Watania International Holding PJSC (DFM: WATANIA) has announced a net profit of AED 7.9 million for the first half of 2024, demonstrating a solid performance …
Abu Dhabi’s IHC Launches Rorix Holdings to Drive Economic Expansion
Abu Dhabi’s International Holding Company (IHC) has unveiled Rorix Holdings, a new subsidiary aimed at bolstering economic diversification and growth in the UAE. This strategic …
ADNOC Drilling, Alpha Dhabi Complete $45 Million EV Holdings Acquisition
ADNOC Drilling and Alpha Dhabi have finalized their acquisition of EV Holdings, marking a significant move in the energy sector. The deal, valued at $45 …