Sarawak Plans To Implement Free Trade Zone, Using Jebel Ali As Success Model

KUCHING, May 28 (Bernama) -- Sarawak has strong potential to become a regional trade hub through a more intensive implementation of the Free Trade Zone (FTZ) model, said Deputy Premier Datuk Amar Douglas Uggah Embas.

Future Success Of Individuals, Companies, And Nations Set To Be Measured By AI — Tengku Zafrul

KUALA LUMPUR, May 28 (Bernama) — The success of individuals, companies and nations in the future could be measured by how effectively they deploy and use artificial intelligence (AI), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 

TNB Strengthens Regional Presence Through Collaboration In GCC

KUALA LUMPUR, May 27 (Bernama) -- Tenaga Nasional Bhd's (TNB) unit TNB Repair and Maintenance Sdn Bhd (TNB Remaco) has entered into a strategic joint venture partnership with Kuwait’s Al-Dhow Engineering General Trading and Contracting Co. WLL. 

Quadria Capital Closes US$1.07 Bln Fund To Drive Healthcare Investments In Asia

KUALA LUMPUR, May 27 (Bernama) -- Quadria Capital has announced the final close of its Fund III with US$1.07 billion in total commitments, significantly exceeding its original US$800 million target. (US$1=RM4.20)

Malaysia Signs Deal To Initiate Trade Talks With GCC, Eyes Expansion Of Businesses -- Tengku Zafrul

By Vikneswaran Raman

KUALA LUMPUR, May 26 (Bernama) — Malaysia has set its sights on expanding trade with the oil-rich Gulf Cooperation Council (GCC) countries after signing a joint statement to initiate negotiations on a Malaysia-GCC Free Trade Agreement (MGFTA) today.

Malaysia Strategically Positioned To Drive Cross-Regional Trade, Enhance Supply Chains With ASEAN-GCC-China Economic Scale

KUALA LUMPUR, May 26 (Bernama) -- Malaysia is in a strategic position to drive cross-regional trade, strengthen regional supply chains, and advance sustainable infrastructure development, taking into account the enormous combined economic scale of ASEAN, the Gulf Cooperation Council (GCC), and China. 

Tengku Zafrul Confirms Malaysia-GCC FTA Talks To Start Soon

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon. 

Falcon Secures Toll Group Deal For Global Flight Support, UAE Hangar Services

KUALA LUMPUR, May 23 (Bernama) -- Falcon, part of Alex Group Investment, has signed a three-year agreement with Toll Group to deliver hangar services in the United Arab Emirates (UAE) and global flight support for its government and defence operations.

Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

EXIM Bank To Support Mac World's Expansion Into Gulf Region With Strategic Financing

KUALA LUMPUR, May 22 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Mac World Food Industries LLC, a subsidiary of Mac World Group, to support its expansion into the Gulf Cooperation Council (GCC) market.

TII, AI71 Partner With AWS To Globalise UAE-built AI Innovations

KUALA LUMPUR, May 22 (Bernama) -- Abu Dhabi’s Technology Innovation Institute (TII), known for developing the globally ranked Falcon series of artificial intelligence (AI) models, and AI71, have joined forces with Amazon Web Services (AWS) to expand the global reach of United Arab Emirates (UAE)-developed AI technologies.

Ras Al Khaimah, Miami Sign MoU To Enhance Cooperation In Key Sectors 

KUALA LUMPUR, May 20 (Bernama) -- Ras Al Khaimah and the city of Miami, Florida, have signed a memorandum of understanding (MoU) to strengthen cooperation across various sectors of mutual interest.