VinFast signs UAE exclusive dealership agreement with Al Tayer Motors

HANOI, VIETNAM – Media OutReach Newswire – 27 May 2024 – VinFast Auto has officially signed an exclusive dealership agreement with one of the UAE’s premier automotive dealerships, Al Tayer Motors, for the distribution of VinFast electric vehicles (EV) in the country. The inaugural facility is planned to open in 2024 and will initially retail four VinFast e-SUV models, VF 6, VF 7, VF 8, and VF 9, at launch.Mr. Ta Xuan Hien, CEO of VinFast Middle East (fourth from the left), and Mr. Saeed Al Tayer, Managing Director of Al Tayer Motors (fourth from the right), along with senior representatives from both sides at the signing ceremony.

Al Tayer Motors will be VinFast’s exclusive partner in the UAE and plans to establish a network of VinFast facilities across the country. Award-winning Al Tayer Motors, established in 1982, is one of the UAE’s leading automotive players and represents major European and American automobile manufacturers.

With a continuously expanding network of sales, service and parts centres, along with a team of 2,700 employees, Al Tayer Motors is committed to providing exceptional experiences to customers through its impressive physical infrastructure and cutting-edge digital platforms, including e-commerce and dedicated app.

By promoting cooperation with leading partners in the UAE and the Middle East, VinFast actively contributes to the realization of green mobility solutions within the region, while affirming the commitment of the Vietnamese EV manufacturer to making them more accessible to everyone.

Mr. Ta Xuan Hien, CEO of VinFast Middle East, shared: “The agreement with Al Tayer Motors is an important milestone in VinFast’s global market expansion strategy. We believe this reputable and experienced partner will help VinFast bring the highest quality products and services to customers in the UAE. VinFast is committed to providing customers with smart and environmentally friendly EV mobility options, while contributing to the UAE’s sustainable development goals.”

Mr. Ashok Khanna, Chief Executive Officer of Al Tayer Motors, said: We are excited to launch VinFast in the UAE – a very vibrant international hub. We believe this partnership between Al Tayer Motors and VinFast will offer the ultimate EV experience to UAE customers while amplifying the brand globally. With our extensive expertise, dedicated teams and customer-centric approach, we make car ownership easier than ever and set best practices on a local and global level.”

Since the fourth quarter of 2023, VinFast has changed its strategy from a direct sales model to consumers to a hybrid model by leveraging existing distribution infrastructure through the establishment of a global dealer network. It is expected that sales through dealers will contribute significantly to VinFast’s sales in the second half of 2024.

In addition to key markets such as the United States, Canada, and Europe, VinFast is actively expanding into neighboring countries in Asia such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa.

 About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com/vn_en

‫مجموعة تداول السعودية وسهم كابيتال تتعاونان في برنامج “استثمر بوعي”

منطقة هونج كونج الإدارية الخاصة – 27 مايو 2024 – يسر شركة سهم كابيتال، شركة الوساطة المالية الرائدة عبر الإنترنت في المملكة العربية السعودية، أن تعلن عن رعايتها بالشراكة مع مجموعة تداول السعودية لبرنامج “استثمر بوعي”. جاء هذا الإعلان خلال ملتقى أسواق رأس المال، والذي تم انعقاده في هونج كونج 9 مايو 2024 حيث اجتمع قادة الصناعة لمناقشة مستقبل تدفقات رأس المال العالمية.

من المقرر إطلاق مبادرة رعاية برنامج “استثمر بوعي” في النصف الثاني من عام 2024. وهي مبادرة تهدف إلى تعزيز الثقافة المالية وتزويد مستخدميها بمهارات الاستثمار اللازمة لكي يصبحوا مستثمرين أكثر كفاءة ومهارة. حيث يتم إطلاق هذه المبادرة عبر منصة افتراضية مصممة لتلبية احتياجات المهتمين بالاستثمار، حيث تتيح هذه المبادرة الفرصة للتعلم والمشاركة والممارسة والمنافسة في بيئة محاكاة التداول وتعكس تجربة حقيقية للتداول في سوق الأسهم.

وأعربت هديل البديري، المدير العام لشركة سهم كابيتال، عن مدى حماسها لهذه الشراكة، قائلة: أن برنامج “استثمر بوعي”  مبادرة شاملة عبر الإنترنت في المملكة تتماشى تمامًا مع التزام شركة سهم كابيتال برفع الوعي المالي والثقافة المالية بين المستثمرين الحاليين والمستثمرين المحتملين. ومع استمرار المملكة العربية السعودية في رحلتها نحو سوق أكثر مؤسسية، سيتم تمكين المستثمرين من اتخاذ قرارات استثمارية سليمة.

يشتمل  برنامج “استثمر بوعي” على ورش عمل استثمارية، وإمكانية الوصول إلى المواد التعليمية، ومنصة محاكاة تداول متطورة تتيح للمشاركين إنشاء محافظ افتراضية مع اكتساب خبرة في التداول. بالإضافة إلى ذلك، ستوفر المسابقة فرصة للمشاركين لعرض مهاراتهم ومعرفتهم في التداول، مع جوائز ترعاها شركة سهم كابيتال.

تأسست شركة “سهم كابيتال” في عام 2022، وسرعان ما رسخت مكانتها كشركة رائدة بين شركات الوساطة عبر الإنترنت. وفي أكتوبر 2023، حصلت شركة “سهم كابيتال” على الرخصة من هيئة السوق المالية لمزاولة خدمات التعامل والاستشارة وحفظ الأوراق المالية في المملكة العربية السعودية، مما يجعلها أول شركة وساطة دولية عبر الإنترنت تقدم خدمات جديدة تلبي احتياجات المستثمرين داخل المملكة.

في ديسمبر 2023، أطلقت شركة سهم كابيتال تطبيق سهم، الذي اكتسب شهرة واسعة وسريعة وأصبح الآن ضمن أفضل ثلاثة تطبيقات مالية مجانية في متجر Play Google. يعتبر تطبيق سهم أول تطبيق في المملكة يوفر التبديل الفوري والسلس بنقرة واحدة بين الحسابات السعودية والأمريكية، مما يتيح للمستخدمين التداول وتحويل العملات دون عناء.

نبذة عن شركة سهم كابيتال:

شركة “سهم كابيتال” شركة مسجلة في الرياض، حاصلة على ترخيص برقم (22251-25) من هيئة السوق المالية (CMA) لمزاولة خدمات التداول والاستشارات والحفظ في المملكة العربية السعودية، مما يجعلها أول شركة وساطة دولية عبر الإنترنت تقدم خدمات الوساطة في المملكة العربية السعودية.

كما أن شركة سهم كابيتال عضو مسجل في السوق المالية السعودية، وكذلك الشركات التابعة لها، شركة مركز إيداع الأوراق المالية (إيداع) وشركة مركز مقاصة الأوراق المالية (مقاصة). لمزيد من المعلومات حول شركة سهم كابيتال، يرجى زيارة: https://www.sahmcapital.com/

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Inari Medical, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NARI

NEW YORK, May 25, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Inari Medical, Inc. (NASDAQ: NARI) between February 24, 2022 and February 28, 2024, both dates inclusive (the “Class Period”), of the important July 12, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Inari Medical common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Inari Medical class action, go to https://rosenlegal.com/submit-form/?case_id=22855 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 12, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period touted Inari’s “record revenue,” purportedly driven by “the strength in our core [venous thromboembolism] (“VTE”) business.” But defendants failed to disclose that a significant portion of its expenses were used to compensate medical professionals improperly for using Inari’s products. In truth, while defendants were speaking positively about Inari Medical’s growth prospects, it had been engaging in illegal business practices. Specifically, Inari Medical had been unlawfully compensating health care professionals in violation of the federal Anti-Kickback Statute and Civil False Claims Act. Defendants also misled investors regarding business expenses in order to conceal their illicit conduct. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Inari Medical class action, go to https://rosenlegal.com/submit-form/?case_id=22855 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9123552

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Intel Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – INTC

NEW YORK, May 25, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Intel Corporation (NASDAQ: INTC) between January 25, 2024 and April 25, 2024, both dates inclusive (the “Class Period”), of the important July 2, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Intel securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Intel class action, go to https://rosenlegal.com/submit-form/?case_id=24741 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 2, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the growth of Intel Foundry Services (“IFS”) was not indicative of revenue growth reportable under the Internal Foundry segment; (2) the internal foundry model (“Foundry” model) experienced significant operating losses in 2023; (3) the Foundry experienced a decline in product profit driven by lower internal revenue; (4) as a result the Foundry model would not be a strong tailwind to Intel’s IFS strategy; and (5) as a result of the foregoing, defendants’ positive statements about Intel’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Intel class action, go to https://rosenlegal.com/submit-form/?case_id=24741 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9123584

HAMAS CAPTURES SEVERAL ISRAELI TROOPS IN COMPLICATED OP


Resistance fighters in the northern Gaza Strip on Saturday night killed, wounded, or captured several Israeli soldiers in a complicated ambush operation, Abu Obeida said in an audio file.

According to Al-Jazeera, Abu Obeida noted that Hamas fighters ‘lured a Zionist force’ into a tunnel and ‘killed, wounded, and captured’ an unidentified number in northern Gaza’s Jabalia camp.

He stressed that the enemy continues a blind and absurd policy of revenge and destruction.

He added that further details about the ambush operation would be released soon.

The people of Lebanon and the West Bank poured into the streets to celebrate after the spokesman for the Qassam Brigades announced that Zionist troops had been captured in northern Gaza.

The Palestinian Samaa news agency reported that people also took to the streets to celebrate in the towns of Dura and Tyre, as well as in the Palestinian refugee camps of Ain al-Hilweh, Nahr al-Bared, El-Buss, and Rashidieh in Lebanon.

Source: National News Agency – Lebanon

Minister of Health Attends 77th World Health Assembly in Switzerland

Riyadh: Minister of Health Fahad Al-Jalajel started today his official visit to Switzerland, where he leads the Kingdom’s delegation at the 77th World Health Assembly of the World Health Organization (WHO), which takes place at the UN headquarters in Geneva.

Al-Jalajel is expected to engage in discussions with international counterparts and leaders of organizations to foster cooperation and tackle health-related topics. He will also participate in accompanying events focused on health security and improvement of global health.

Al-Jalajel will also attend the 60th session of the Council of Arab Health Ministers’ executive office, accompanied by a delegation comprising several undersecretaries and health leaders from Saudi Arabia.

Source: Saudi Press Agency

Wide-Ranging Services Provided to Persons with Disabilities at the Grand Mosque

Makkah, The General Authority for the Care of the Affairs of the Two Holy Mosques exerts great efforts to care for people with disabilities and serve them in the best possible way at the Grand Mosque, so they can carry out their rituals with ease and comfort.

The authority designates areas for them to perform prayers, near the doors of the Grand Mosque to facilitate their entry and exit; these areas have Zamzam water bottles, copies of the holy Qur’an in Braille, various other books, tayammum pads (dry ritual purification), white canes for the blind, and sign language interpreters qualified to translate sermons and religious lessons.

It also provides wheelchairs and electric carts at various locations in and around the Grand Mosque, to ensure that persons with disabilities enjoy the utmost comfort.

Source: Saudi Press Agency

Forming an investigation committee into the circumstances of the accident that claimed the life of a young man in Tulkarm

Tulkarm – Ma’an – Tulkarm Governor Mustafa Taqatqa announced that an investigation committee will be formed into the circumstances of the accident that claimed the life of the young man, Muhammad Ahmed Al-Khatib, from Nour Shams camp.

Taqatqa said in a press statement that the families of the young Khatib and all citizens will be informed of what happened, offering condolences to his relatives and his family, calling for strengthening national unity and preserving civil peace and the social fabric, especially in this difficult circumstance that our people and our Palestinian cause are going through.

He stressed that the law will take its due course.

In turn, police spokesman Colonel Louay Irziqat said that while a security force was setting up a checkpoint near the Pharaoh roundabout, to maintain security as part of a routine operation, a vehicle approached the checkpoint and its driver was given a signal to stop, but he refused to do so and rammed the checkpoint, trying to run over members of the force, f
orcing it to fire. Several gunshots were fired, then the vehicle crashed into an electricity pole. The driver was taken to the hospital injured, and doctors later declared his death.

He added that when the vehicle was searched, the security services seized a firearm and ammunition.

Irziqat confirmed that the Public Prosecution was informed and an investigation into the incident was initiated.

Source: Maan News Agency

UNFPA: HALF OF GAZA’S POPULATION IS AT RISK OF IMMINENT FAMINE


The United Nations Population Fund warned that ‘half of the population of the Gaza Strip is at risk of imminent famine, including about 15,000 pregnant women.’

The Fund added, in a post on its account on the ‘X’ platform, today, Sunday, that ‘half of the population of the Gaza Strip is at risk of imminent famine, and this is unbelievable and can be avoided.’

It continued: “When the doors of aid close, the doors of famine open,” stressing on the need for “an immediate ceasefire in Gaza, given its residents’ dire need for humanitarian aid.”

Source: National News Agency – Lebanon

ISLAMIC RESISTANCE TARGETS ENEMY POSITIONS IN HABUSHIT, KIRYAT SHMONA SETTLEMENTS, YIFTAH & RAMIM BARRACKS


The Islamic Resistance announced, in an issued communiqué this evening that in support of the steadfast Palestinian people in the Gaza Strip and their honorable resistance, its fighters targeted at 06:00 pm today the headquarters of the enemy’s Habushit Barracks with missiles.

In another communiqué, it indicated that in support of the brave and resilient Palestinians in the Gaza Strip and in response to the Zionist enemy’s attacks on Lebanon’s steadfast southern villages, the last of which being the town square of Houla, the Resistance fighters bombed today the Kiryat Shmona settlement with Falaq and Katyusha rockets.

Additionally, it also indicated that its fighters bombed the enemy’s Yiftah Barracks with dozens of Katyusha rockets and the Ramim Barracks with missile weapons and artillery shells.

Source: National News Agency – Lebanon

LEBANON’S HONORARY CONSUL IN FLORENCE HOLDS LUNCHEON IN HONOR OF PATRIARCH AL-RAHI, IN PRESENCE OF MAWLAWI, NASSAR & BASSIL


Lebanon’s Honorary Consul in Florence, Charbel al-Shbeir, and his two brothers, Zakhia and Paul, held a luncheon in honor of Maronite Patriarch, Cardinal Bechara Boutros al-Rahi, at the Osteria Dell’Olio in Florence, in the presence of Caretaker Ministers of Interior and Tourism, Bassam Mawlawi and Walid Nassar, alongside the ‘Strong Lebanon’ Parliamentary Bloc Head, MP Gebran Bassil and his wife Chantal, the Lebanese and Palestinian Ambassadors to Italy, Mira Daher and Abeer Audeh, the Lebanese Consul in Naples, Zakhia al-Kouba, the Patriarchal Delegate to the Holy See, President of the Pontifical Maronite Institute, Bishop John Rafik al-Warsha, the General President of the Lebanese Maronite Order, Abbot Hadi Mahfouz, and several prominent religious figures and dignitaries and members of the Lebanese community residing abroad.

In his welcoming speech, al-Shbeir said: ‘We meet again to rejoice together in the fruitful outcome of the efforts made to open the parish of Saint Charbel in Florence, with the bless
ing of His Beatitude and the blessing of Saint Charbel.’

He added: “Saint Charbel is not only a saint for Maronites and Christians, but his miracles transcended the entire world. He did not distinguish between religion, sect, or race, but crossed all sects…We hope that he will bestow upon us and our nation a miracle that will save it from the difficult situation in which it is floundering.”

In turn, Minister Nassar praised ‘the initiative taken by the senior consul and the sacrifices he is making for Lebanon in these difficult circumstances,’ and thanked Minister Bassil for the good decision of appointing al-Shbeir as honorary consul in Florence during his term as Foreign Affairs Minister, as he has proven to be up to the responsibility in highly representing Lebanon.

Nassar announced a decision that will be issued tomorrow upon his return to Lebanon to include the Saint Charbel Parish Church in Florence on the global tourism map and promote it worldwide.

In this context, Nassar presented Shbeir with an
honorary shield in appreciation of his remarkable efforts and dedication to his country.

Source: National News Agency – Lebanon