Fintech PR
TCL Introduces the FreshIN 3.0 Inverter Air Conditioner at IFA 2024: Redefining Air Quality and Energy Efficiency
TCL’s premium air conditioner solutions demonstrate a commitment to sustainability and bring the most innovative ACs to consumers across Europe
BERLIN, Sept. 6, 2024 /PRNewswire/ — TCL, a leading global consumer electronics brand, is excited to introduce the FreshIN 3.0 Inverter Air Conditioner at IFA 2024.
The air conditioning industry is currently facing three main challenges: respiratory health concerns, energy consumption and providing a healthy environment. TCL’s third generation of FreshIN Inverter Air Conditioner addresses these challenges and redefines what consumers can expect from their home cooling solutions by not only regulating temperature, but also improving air quality, optimising energy use and reducing noise.
Please go to your nearest TCL point of sales for more information.
FreshIN Technology Prioritises the Health and Well-being of Users by Improving Air Quality
TCL’s air conditioner technology goes far beyond creating comfortable living environments; it actively improves indoor air quality, making homes across Europe healthier and more relaxed.
Featuring the patented design of liftable fresh air inlet – “FreshIN”, the TCL FreshIN 3.0 air conditioner will let you know when the fresh air comes into your room and direct it through the top panel. Complementing this innovative feature is the industry-leading TVOC Detection System allowing you to monitor air quality at a glance. The system changes colour in real-time based on the level of air pollutants detected, allowing you to see instantly when the air is clean and safe, or when action is needed to improve air quality.
The FreshIN 3.0 goes further with its Quadrupuri Filters—a four-layer filtration system that efficiently filter particles and refreshes indoor air with clean, fresh air, allowing you to enjoy fresh air even when the outdoor air conditions are poor. When the outdoor air is not ideal, the indoor air passes through the Quadrupuri Filters, including the preliminary filter, silver ion antibacterial layer, EPA efficiency filter and high-density filter, ensuring effective air purification meaning allergy sufferers can breathe easier and experience ultimate comfort in every breath.
Additionally, the FreshIN 3.0 AC features a self-cleaning function that reduces allergens and bacteria, making maintenance effortless and keeping the air you breathe cleaner. To further enhance users comfort, the upgraded Four-fold Noise Reduction System, achieves a minimum of 16 dBs of quiet fresh air, reducing industry-standard noise levels by 10 dB(A) at the same airflow rate, ensuring a disturbance-free sleep while maintaining refreshing indoor air.
Constant strong streams of air from traditional air conditioners can often lead to discomfort or even irritation, causing issues like dry eyes and a sore throat. TCL’s FreshIN 3.0 addresses this problem with its innovative soft airflow technology, featuring over 1,000 micro-holes that disperse cool air gently to create a soothing, laminar Gentle Breeze. This ensures that harsh drafts are replaced with a soft, enveloping coolness for ultimate comfort. The FreshIN 3.0 is also designed to combat hypoxia and dryness by intuitively increasing oxygen and humidity levels, promoting a healthier indoor environment.
Maximize Energy Savings with Smart Efficiency
TCL’s FreshIN 3.0 Inverter Air Conditioner is designed with super energy-saving features to optimise energy use and reduce waste. The Smart Big Data Model Algorithm intelligently adjusts compressor activity based on real-time indoor conditions, ensuring that the AC runs efficiently without compromising on comfort. This advanced technology helps the FreshIN 3.0 achieve an A+++ Energy Rating, making it a sustainable choice for households looking to minimise both their environmental impact and electricity costs. Additionally, the Electricity Consumption Monitoring feature on the TCL Home App allows users to track their energy usage in real-time, empowering them to make smarter decisions about their home’s energy efficiency.
TCL AC technology is designed to make your life easier. With app connectivity, you can control the AC even when you’re not at home, ensuring a perfectly ambient temperature upon your return and alleviating any worry if you forget to turn it off before you leave.
TCL is at the forefront of home comfort and air quality, combining sustainability with cutting-edge technology. TCL’s FreshIN series, backed by state-of-the-art manufacturing, is designed to create healthier, smarter, and more comfortable living spaces worldwide.
By enhancing air quality, integrating intuitive controls, and reducing environmental impact, TCL is setting new standards in air conditioning.
Discover more products at https://www.tcl.com/eu/en
About TCL Electronics
TCL Electronics (1070.HK) is a fast-growing consumer electronics company and a leading player in the global TV industry. Founded in 1981, it now operates in over 160 markets globally. TCL specializes in the research, development and manufacturing of consumer electronics products ranging from TVs, audio and smart home appliances. Visit the TCL website at https://www.tcl.com.
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View original content:https://www.prnewswire.co.uk/news-releases/tcl-introduces-the-freshin-3-0-inverter-air-conditioner-at-ifa-2024-redefining-air-quality-and-energy-efficiency-302240525.html
A strategic partnership between two of the largest Qatari companies to add value to the local and regional market, enhancing food security and innovation in several key sectors.
DOHA, Qatar, Nov. 16, 2024 /PRNewswire/ — Senyar Trading & Distribution Company and Al Baladi Holding have announced the launch of their strategic partnership under the name of ‘Al Faisal Al Baladi Holding’. The launch ceremony was attended by Sheikh Faisal bin Qassim Al Thani, Chairman of Al Faisal Holding, and Mr. Mohammed Abdullah Al Attiyah, Chairman of Al Baladi Holding. This partnership aims to provide added value to the Qatari and regional markets, and to enhance the role of Qatari companies in supporting and developing the local economy in line with Qatar National Vision 2030.
Within this partnership, a strong economic icon was established under the name ‘Al Faisal Al Baladi Holding Group’, capable of implementing huge projects across the MENA region in a number of different vital sectors, especially livestock and agricultural production projects, which contributes to supporting food security and enhancing livestock in a sustainable manner. In addition, the retail sector constitutes a significant part of the Company’s activities.
Al Faisal Al Baladi Holding Group Holding includes Al Faisal Al Baladi Holding LLC, based in Qatar, Al Faisal Al Baladi Group for Malls Management and Operations, based in Egypt, and Al Faisal Al Baladi Holding, based in the Sultanate of Oman. As well as livestock and agricultural production, these companies will operate in several diverse sectors including distribution and wholesale, manufacturing, hospitality and hotels, restaurants, food and beverages, with the retail sector also constituting a significant area of focus. Through these activities, they will seek to meet the growing demand for innovative products and solutions, while supporting sustainable economic development in Qatar and the region.
Commenting on this announcement, Sheikh Faisal Bin Qassim Al Thani, Chairman of Al Faisal Holding, stated: “I am pleased to witness the formation of this strategic partnership that represents the development of the private sector in Qatar and enhances its ability to compete through cooperations built on solid foundations. This partnership is a realization of Qatar Vision 2030 of empowering the private sector and enhancing its contribution to the local economy. I wish both parties success in this promising partnership.”
Mr Mohammed Abdullah Al Attiyah, Chairman of Al Baladi Holding and Chairman of Al Faisal Al Baladi, said: “We are delighted with this cooperation which opens new horizons for growth and expansion. Al Baladi Holding has achieved remarkable successes in recent years, and this partnership comes to underpin our position in the market and expand the scope of our activities. We hope that Al Faisal Al Baladi Holding will contribute to the development of successful and innovative projects that will be a source of pride for everyone.”
Sheikh Mohammed bin Faisal Al Thani, Vice Chairman of Al Faisal Al Baladi Holding, added: “We share common goals, integrated resources, and expertise with Al Baladi Holding. Through this partnership, we will achieve integration and synergy in diverse businesses to maximize value for all parties, including consumers and investors, which will benefit all stakeholders and contribute to achieving a positive impact across every level.”
Mr. Abdullah Mohammed Al Attiyah, Vice Chairman of Al Baladi Holding, said: “Undoubtedly, the stability of the Qatari economy, the diversity of investment opportunities, and the positive business environment, have all contributed to Al Baladi Holding’s market leading position. We look forward to this partnership with confidence in its promise to help build a bright future”
Mr. Tarek Mahmoud Al Sayed, Board Member of Al Faisal Al Baladi Holding, added: “Food security projects hold special importance, especially in their comprehensive and sustainable concept, which constitute an essential part of our future strategy. We seek to play a pivotal role in the region through livestock and agricultural production projects, as we currently own a number of livestock and agricultural production companies in Qatar and Oman, and we plan to expand and launch new projects in a number of countries in the region and North Africa. This will support Al Faisal Al Baladi in becoming a leading company in achieving food security at the regional level.”
Mr Hany Al Sayyadi, CEO and Board Member of Al Faisal Al Baladi Holding, concluded by saying: “This partnership strengthens our diversified investment portfolio and facilitates the expansions of our presence in regional and global markets. Our vision is to achieve a strong presence in the Middle East region, by focusing on innovation and quality in all our sectors. This partnership is a natural extension of the vision of both companies to enhance economic integration and contribute to driving development in Qatar and the region.”
Al Faisal Al Baladi plans to expand its business activities in regional and global markets, by utilizing the diverse investment opportunities represented by the manufacturing, hospitality and retail sectors. The Group’s current portfolio includes more than 30 leading companies in their fields, including Al Baladi and Al Baladi Express Markets, Al Wajba Dairy and Juice Factory, City Limousine Company, in addition to a number of restaurants and companies in the food sector, and many others.
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View original content:https://www.prnewswire.co.uk/news-releases/launch-of-al-faisal-al-baladi-holding-302305819.html
Fintech PR
Sustainable Infrastructure Holding Company (“SISCO”) Q3FY24 revenue (excluding accounting construction revenue) increases by 23.8% to 341.8 million
- Revenue grew by 23.8% compared to previous year
- Gross profit of SAR 179.8 million, a 21.7% increase compared to Q3FY23
- Adjusted EBITDA rose 29.5% to SAR 210.2 million
JEDDAH, Saudi Arabia, Nov. 16, 2024 /PRNewswire/ — Sustainable Infrastructure Holding Company (“SISCO”, “TADAWUL: 2190”), Saudi Arabia’s leading strategic investor in Ports & Logistics and Water Solutions has announced its financial results for the quarter ended 30 September 2024.
Revenues for the third quarter of 2024, excluding accounting construction revenue, grew by 23.8% compared to Q3FY23 to reach SAR 341.8 million. On a quarter-to-quarter basis, revenues grew by 13.0% compared to Q2FY24.
The third-quarter gross profit of SAR 179.8 million represents 14.7% quarter-on-quarter growth and 21.7% growth compared to Q3FY23. The gross profit margin for Q3FY24 was down 0.9% year-on-year, due to increased depreciation and direct costs, but was up 0.8% quarter-on-quarter, in line with expectations. Year-to-date saw gross profits increase by 13.8% to SAR 469.5 million.
Adjusted EBITDA growth rose 29.5% to SAR 210.2 million compared to Q3FY23, aligning SISCO with strategic goals. Quarter-on-quarter growth was 20.8%, with a year-to-date increase of 17.7% to SAR 543.8 million.
SISCO reports a strong recovery in the Red Sea Gateway Terminal from subdued Q3FY23 Port segment results due to the Red Sea situation. Port volume reached 828,868 TEUs in Q3FY24, returning to levels similar to Q4FY23.
Commenting on the results: Eng. Khalid Suleimani, Group CEO, SISCO said:
“I am pleased to report that SISCO has continued to demonstrate strong growth and operational performance in Q3FY24, with revenues improving by 23.8% compared to Q3FY23. Our Ports segment, which remains a key growth driver, saw a significant increase, leading to robust results despite the Red Sea challenges.
Net income remains strong, despite the one-off payment of SAR 25 million to Zakat. Another highlight of the quarter is the impressive recovery in the Red Sea Gateway Terminal, highlighting it’s resilience.
We are also excited to announce the Multi-Purpose Terminals (MPT) concession, which will allow us to expand operations across all non-containerised port facilities in the Red Sea Gateway Terminal. This strategic initiative positions SISCO to capture further growth opportunities domestically and internationally.
Looking ahead, we remain committed to executing our five-year strategy to double revenues by 2026 and continue delivering long-term value to our shareholders.”
View original content:https://www.prnewswire.co.uk/news-releases/sustainable-infrastructure-holding-company-sisco-q3fy24-revenue-excluding-accounting-construction-revenue-increases-by-23-8-to-341-8-million-302307352.html
DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
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