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Oriental Weavers Partners with YASH Technologies to Drive Digital Transformation with SAP S/4HANA

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CAIRO, Feb. 9, 2025 /PRNewswire/ — Oriental Weavers, the world’s leading manufacturer of woven carpets, has announced a strategic partnership with YASH Technologies, a global leader in IT systems integration and business transformation, to implement SAP S/4HANA across all its businesses. Through this collaboration, YASH will work with Oriental Weavers to reimagine their business models in alignment with their vision of global leadership and drive agility and business efficiencies while harnessing the power of leading-edge technologies to accelerate their digital transformation journey.  

YASH Technologies will provide end-to-end consulting and advisory services, from Phase 0 assessments to designing and implementing a tailored SAP S/4HANA solution and recrafting Oriental Weavers’ technology stack. This comprehensive approach will enable the company to seamlessly transition to a modern ERP, integrating core business functions, streamlining the supply chain, and empowering the organization with greater flexibility and better decision-making insights.

“Our partnership with YASH Technologies marks a significant milestone in our digital transformation journey,” said Yasmine Khamis, Chair of Oriental Weavers Carpets. “The organization-wide SAP S/4HANA implementation will help us streamline business operations, elevate customer satisfaction to new heights, and drive competitive differentiation. Leveraging YASH’s extensive experience and advisory services, we’re confident that this partnership will empower us at Oriental Weavers to build a robust, tech-driven platform, unlocking innovative opportunities, optimizing our processes, and delivering cutting-edge products, further solidifying our position as a global leader in the industry and ensuring our long-term growth and sustainability,” she added.

“We are privileged to partner with Oriental Weavers, a leader in the textile industry, to help drive their SAP S/4HANA transformation. As their trusted advisory and technology partner, we will work closely with them to deliver a best-in-class solution that aligns with their business strategy and positions them for long-term success while driving sustainable growth,” said James Griffin, Managing Director of YASH Technologies, Middle East and Africa. “To enable them to smoothly migrate to SAP S/4HANA and achieve faster implementation, reduce risks, and realize tangible business benefits, we will harness extensive YASH IP and involvement of our global SAP S/4HANA Center of Excellence,” he added.

The rapid transformation will provide Oriental Weavers with a scalable, future-ready platform that supports innovation, process optimization, and real-time data analytics. With YASH’s experience and deep understanding of the value-added textiles sector, Oriental Weavers is poised to strengthen its leadership position in the textile market and better serve its global customer base.

 About Oriental Weavers

The Oriental Weavers Group was founded in 1979 by industrialist and entrepreneur Mohammed Farid Khamis. Listed on the Egyptian Stock Exchange (EGX) since 1997, the Group has emerged from a single-loom operation to the largest producer of machine-woven carpets in the world. Building on Egypt’s deep-rooted textile heritage, dating back to c.5000 BC, today, the Oriental Weavers Group is the global leader in tufted and jet-printed rugs and carpets.

Based in Cairo, the Group has manufacturing facilities in the United States and Egypt and distributes its products in more than 118 countries worldwide. Dedicated to innovative processes, inspired by the latest trends, and crafted to be accessible, the Oriental Weavers Group produces with a passion for value and happiness.

About YASH Technologies

YASH Technologies focuses on enabling its customers to reimagine their businesses and drive outcome-centric Digital Transformation. As a leading technology integrator and outsourcing partner for large and fast-growing global customers, YASH leverages strategic advisory, technology consulting, and flexible business models to help customers realize value from their digital journey while fostering innovation. YASH’s customer-centric & consultative engagement framework integrates specialized domain & consulting capabilities with proprietary methodologies and digital solutions to provide secure application, cloud, infrastructure, engineering, and end-user-focused services for discerning customers globally. Headquartered in the US, with delivery and sales centers globally, YASH serves its customers across six continents. YASH is CMMI DEV V2.0 Level 5 & an ISO 9001:2015, ISO 27001:2013, and ISO 20000:2011 certified organization. For more information, please visit www.yash.com or email info@yash.com

Logo: https://mma.prnewswire.com/media/1245393/4170890/YASH_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/oriental-weavers-partners-with-yash-technologies-to-drive-digital-transformation-with-sap-s4hana-302371796.html

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Investbanq Transforms the WealthTech World: Global Private Banker Award for Advanced Solution

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SINGAPORE, March 18, 2025 /PRNewswire/ — Investbanq, a leading AI-powered wealth management platform, has been recognized by Global Private Banker as the winner in the Best WealthTech Solution – Artificial Intelligence category. This prestigious award underscores Investbanq’s commitment to driving digital transformation in wealth management through cutting-edge artificial intelligence solutions.

Global Recognition for AI-Driven WealthTech

Global Private Banker, one of the most authoritative private banking and wealth management publications, recognizes top innovations and industry achievements. Investbanq’s win highlights its breakthrough contributions to AI-driven capital management, further cementing its role as a transformative force in financial technology.

“This award affirms our mission of combining advanced technology with deep financial market expertise to revolutionize wealth management,” said Olzhas Zhiyenkul, CEO and Founder of Investbanq. “We are not merely implementing AI; we are pioneering a new era of WealthTech that enhances accessibility and efficiency for financial institutions and investors alike. Being honored alongside industry leaders such as the Bank of Singapore and HSBC is a testament to the impact of our innovation.”

Empowering Financial Institutions with AI

Investbanq’s AI-driven platform provides access to a broad range of investment opportunities, including stocks, bonds, funds, and alternative assets. The solution is designed to help financial institutions modernize their wealth management services, attract a new generation of investors, and optimize capital allocation strategies.

By bridging the gap between traditional finance and next-generation WealthTech, Investbanq is reshaping how asset managers, family offices, and banks leverage AI to drive superior investment outcomes.

About Investbanq

Investbanq is an AI-powered wealth management platform that enables financial institutions to evolve into AI-driven WealthTech leaders. By providing sophisticated investment tools, the platform empowers banks, asset managers, and family offices to enhance capital management, improve investor engagement, and future-proof their strategies. Investbanq has rapidly gained recognition for its innovation in AI and WealthTech, attracting international investor interest and expanding its influence in global markets.

View original content:https://www.prnewswire.com/apac/news-releases/investbanq-transforms-the-wealthtech-world-global-private-banker-award-for-advanced-solution-302403069.html

SOURCE Investbanq

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Winning Chinese Tourists: Insights from SCCCI x FY Ads x Meituan Dianping Event

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SINGAPORE, March 18, 2025 /PRNewswire/ — Singapore’s tourism and retail industries are undergoing a transformation, with Chinese tourists increasingly relying on digital platforms like Meituan Dianping and Xiaohongshu to plan their trips. Recognizing this shift, FY Ads—the leader in cross-border marketing and the official overseas partner of both Meituan Dianping and Xiaohongshu—partnered with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) and Meituan Dianping to host an exclusive industry event aimed at helping local businesses capitalize on this opportunity.

A Landmark Event for Singapore Businesses

On February 26, 2025, business leaders from Singapore’s F&B, retail, and hospitality sectors gathered at the SCCIOB Theatre for an insightful session on how to leverage Meituan Dianping to attract and convert Chinese tourists into loyal customers. The event, featuring expert speakers and real-world case studies, provided attendees with actionable strategies to enhance their digital presence and drive foot traffic.

Key Takeaways from the Event

1. Why Digital Trust is Crucial for Chinese Consumers
FY Ads’ CEO Linda Chen emphasized that Chinese tourists prioritize online reviews and trusted digital platforms, with research showing that 92% of Chinese travelers rely on online recommendations before making travel decisions. Unlike Western travelers, they rarely make spontaneous decisions, instead relying on user-generated content and social proof from platforms like Meituan Dianping and Xiaohongshu.

2. The Power of Meituan Dianping in Influencing Chinese Tourists
Hana Zhang, Global Business Director at Meituan Dianping, shared exclusive insights into how over 80% of Chinese tourists research their travel destinations on Meituan Dianping before arrival. With millions of active users searching for dining, shopping, and lifestyle recommendations daily, businesses with optimized Meituan Dianping profiles enjoy significantly higher visibility and sales.

3. Proven Success Stories: How Singapore Brands Are Winning on Chinese Platforms
The event highlighted real-world success stories, featuring brands like Raffles Hotel, TWG Tea, Dian Xiao Er, and Song Fa Bak Kut Teh, which have successfully engaged Chinese tourists through Meituan Dianping. Many businesses have seen a 30-50% increase in foot traffic and revenue by using digital strategies tailored to the Chinese market.

4. A New Era for Singapore‘s Tourism & Retail Sectors
As Chinese inbound tourism continues to grow in 2025, businesses that fail to establish a presence on key Chinese platforms risk missing out on a massive consumer base. The event made it clear that adapting to the digital habits of Chinese travelers is no longer optional—it’s essential for sustained growth.

Businesses that act early will gain a first-mover advantage, securing brand loyalty among Chinese tourists before competitors catch up.

FY Ads: The Leading Cross-Border Marketing Agency

As the leader in cross-border marketing and the official overseas partner of Meituan Dianping and Xiaohongshu, FY Ads stands out by offering exclusive access to insider platform analytics, direct integration capabilities, and customized marketing solutions that help businesses achieve measurable growth in the Chinese market. Unlike other agencies, FY Ads provides direct partnerships, exclusive insights, and proven strategies to ensure maximum visibility and engagement for businesses targeting Chinese consumers.

“Our goal is to bridge the gap between Singapore businesses and Chinese tourists through the platforms they trust most,” said Linda Chen, CEO of FY Ads. “By leveraging our partnerships with Meituan Dianping and Xiaohongshu, we empower businesses to increase visibility, engagement, and revenue in the Chinese market.”

The Future of Chinese Tourism in Singapore

With Chinese tourism on the rise, businesses must act now to establish a strong presence on Meituan Dianping and Xiaohongshu. Don’t wait—early adopters will gain the first-mover advantage in capturing this growing market. Those who embrace digital-first strategies tailored to Chinese consumers will dominate the post-pandemic tourism boom.

For companies looking to maximize their reach and revenue, FY Ads offers expert consultation and execution strategies tailored to these platforms. Now is the time to act—businesses that take initiative today will be at the forefront of the booming Chinese tourism market.

View original content:https://www.prnewswire.com/apac/news-releases/winning-chinese-tourists-insights-from-sccci-x-fy-ads-x-meituan-dianping-event-302402975.html

SOURCE FY ADS Singapore

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NASA Space Day to Share Progress, Opportunities at Texas Capitol

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HOUSTON, March 17, 2025 /PRNewswire/ — NASA is heading back to the state capitol in March for Space Day Texas, a recognition of achievements throughout Texas and a look ahead to the impact future human space exploration has on the Lone Star state.

The two-day schedule of events and exhibits focusing on exploration, astronauts, and science, technology, engineering, and math education will include astronaut visits, interactive exhibits, and legislative proclamations.

NASA’s Johnson Space Center in Houston will share its accomplishments on the Capitol grounds from 9 a.m. to 4 p.m. CDT Tuesday, March 25, joining academic and commercial partners from across the state to share Texas’ blueprint for expanding humanity’s frontier in space.

On Monday, March 24, exhibits will feature the Texas High School Aerospace Scholars program at the University of Texas Elementary Charter school, along with NASA Johnson’s Office of STEM Engagement, Orion program, and Lockheed Martin. Interactive events will feature NASA STEM engagement programs and hands-on exhibits.

At 10 a.m. Tuesday, March 25, proclamations celebrating NASA’s 25th anniversary of continuous human presence on the International Space Station, the High School Aerospace Scholars program, and the continued progression of the Artemis campaign through NASA’s commercialization of cargo, crew, landers, spacesuits, and rovers will be read in the Texas House and Senate chambers, respectively. Following the proclamations, an Artemis II crew astronaut will participate in a live question and answer session on the front steps of the Capitol.

NASA’s impact in Texas is strong. NASA Johnson has served as the iconic site for some of the greatest moments in American history, from landing humans on the Moon to assembling the International Space Station.

For more than 60 years, NASA has led the world in human space exploration. Today, it is testing technologies on the Space Station that will help humanity push forward to the Moon and Mars. NASA’s workforce in Texas includes more than 10,000 aerospace employees and more than $2 billion in contracts and federal salaries in 2024.

Learn more about NASA Johnson and its impact in Texas at:

https://www.nasa.gov/johnson

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nasa-space-day-to-share-progress-opportunities-at-texas-capitol-302403653.html

SOURCE NASA

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