Tuesday, November 25, 2025

Datavault AI Turns Raw Earth into Digital Power in $7 Million Deal with MTB Mining Ltd.

 

Partnership deal represents the intersection of AI, digital asset creation, and geology


PHILADELPHIA, Nov 25 (Bernama-GLOBE NEWSWIRE) -- via IBN – Datavault AI (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement, and real‑world asset digitization technologies, today announced a $7 million minting deal and a 30% perpetual royalty partnership with Tanzania-based MTB Mining Limited (MTB), setting the stage for what Datavault AI believes is the first major step forward in modernizing how mineral resources are verified, documented, and brought into global commerce with a unified transaction ledger. The deal redefines a commodity by digitizing Real World Assets (RWA) for monetization. Under Datavault AI’s patented Sumerian® technology, rare earth minerals are being transformed into verified, traceable, digitized assets to be traded on the forthcoming International Elements Exchange™.

This agreement with MTB delivers a blueprint for how physical assets evolve into digital assets.

Africa Steps into the Global Ledger

For generations, Africa supplied the raw materials that were integral in building modern industry. Today, MTB, headquartered in Tanzania, controls over 25 million metric tons of copper reserves and 2.44 square kilometers of proven mineral reserves. Through its alliance with Datavault AI, MTB’s resources are entering the global marketplace in digital form. Each unit of copper, gold, tin, or diamond will carry verified proof of origin, ownership, and value.

The partnership includes the Windsor Ruby, a gemstone that drew global attention when it was discovered near the village of Winza in 2007. Renowned for its deep crimson hue and near-perfect clarity, it rivaled the finest Burmese rubies and quickly drew attention from major luxury houses including Van Cleef & Arpels. Through Datavault AI’s Sumerian® Anchors, the Windsor Ruby will carry a permanent digital signature that is immutable and verifiable. Not only can Sumerian® Anchors provide verification for famous gemstones like the Windsor Ruby, the verification technology can be applied to any precious gemstone.

For Tanzania, where mining represents a vast amount of export value, digitally verifiable asset records represent more than a technological milestone; it is economic modernization. It opens the door for lending, collateralization, and cross-border trade using verified digital assets.

The Proof Economy Arrives

“This deal is a milestone for technology and transparency. By minting real world assets, we are creating compliant, transparent pathways to monetize natural wealth on a global scale,” said Nathaniel Bradley, Datavault AI Chief Executive Officer and co-founder.

Bradley’s message reflects Datavault AI’s broader mission: the Company is building the infrastructure for a data-driven economy where value is established by verification and trusted information.

While the numbers are compelling - a $7 million license fee - the innovative digital architecture provides the promise for future, similar transactions. The International Elements Exchange will operate as a virtual refinery, turning physical assets into digital evidence that can be traded, audited, and monetized.

About Datavault AI

Datavault AI™ (Nasdaq: DVLT) is leading the way in AI driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at www.dvlt.ai.

Forward-Looking Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI and its industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely” or “continue” or the negative of these words or other similar terms or expressions that concern the Company’s expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding future events, Datavault AI’s partnership with MTB, including the potential royalty opportunities, the ability of tokenization of minerals and the potential for use in lending, collateralization and cross-border trade, Datavault AI’s business strategies, long-term objectives, and commercialization plans, the current and prospective technologies, planned developments and potential approvals, as well as the potential for market acceptance and related market opportunities, and other statements that are not historical facts. These statements are based on management’s current expectations and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Datavault AI. These statements are subject to a number of risks and uncertainties regarding Datavault AI’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, general economic, political, and business conditions; the ability of Datavault AI to achieve the benefits of the transactions contemplated pursuant to its partnership with MTB, including receipt of any royalty payments from MTB; the ability of Datavault AI to leverage the MTB transaction as a blueprint for digitizing minerals; the ability of Datavault AI to expand tokenization of minerals into the areas of lending, collateralization and cross-border trade; the ability of Datavault AI to develop and successfully market technologies; the ability of Datavault AI to grow and manage growth profitably and retain its key employees; the risk that the potential technologies that Datavault AI develops may not progress or receive required approvals within expected timelines or at all; risks relating to uncertainty regarding regulatory pathways; the risk that Datavault AI has overestimated the size of the target market, willingness to adopt new technologies, or partnerships; risks that prior results may not be replicated; regulatory and intellectual property risks; and other risks and uncertainties as more fully described in Datavault AI’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the year ended December 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov, and could cause actual results to vary from expectations. There may be additional risks that Datavault AI presently does not know or that Datavault AI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Datavault AI’s expectations, plans, or forecasts of future events and views as of the date of this communication. Datavault AI anticipates that subsequent events and developments will cause such assessments to change. However, while Datavault AI may elect to update these forward-looking statements at some point in the future, Datavault AI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Datavault AI’s assessments as of any date subsequent to the date of this communication. Accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.

Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

Media Inquiries:
marketing@dvlt.ai 


SOURCE: Datavault AI Inc. 

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

Monday, November 24, 2025

AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited


HONG KONG, Nov 24 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect NH P&C’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation (NACF).

NH P&C’s risk-adjusted capitalisation is assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). Despite the recent issuances of supplementary capital securities, the company’s Korean-Insurance Capital Standards (K-ICS) ratio showed a material decline in 2024 and through the first half of 2025, primarily due to various regulatory guideline changes. Prospectively, AM Best expects NH P&C to maintain its solvency position well above the regulatory minimum and recommended levels with a focus on improving asset and liability management and its strong financial flexibility. Particularly, the company’s financial flexibility is supported by its good accessibility to the capital market and financial support from its immediate parent, NongHyup Financial Group Inc. (NHFG). NH P&C’s investment portfolio is conservative, consisting mainly of fixed-income assets of good quality.

NH P&C’s operating performance is assessed as adequate, with a return-on-equity ratio of 5.7% and a combined ratio of 95.1% (net/net) in 2024, as calculated by AM Best. The company’s general property/casualty business, including government policy insurance, continues to show moderate volatility, for example, driven by severe weather events or wildfires. While the company’s profitability of long-term insurance remained largely in line with its peers, NH P&C’s growth of new business contractual service margin (CSM) has demonstrated a declining trend over the last two years (2022-2024). Thus, AM Best will monitor NH P&C’s improvement in generating its new business CSM, as it will play an instrumental role in achieving stable future profits and provide a buffer against volatility in the general P/C insurance segment. AM Best expects the company’s investment profits to continue supporting its overall profitability.

NH P&C is a domestic non-life insurer in South Korea, with a 3.7% market share in terms of gross insurance service revenue in 2024. The company is an exclusive provider of crop insurance in the country, which is largely operated under the general principle of “no profit no loss,” and a major provider of other government policy insurance products for farmers, such as livestock and agricultural vehicle insurance. NH P&C focuses on expanding sales of protection-type products with high margins to gradually improve the profitability of its long-term insurance line; however, its market presence in the long-term insurance segment remains modest due to strong market competition. Distribution remains highly concentrated in the cooperative channel, which is a network of NACF’s members.

As a wholly owned subsidiary of NHFG, which is the financial arm of NACF and one of the largest financial groups in South Korea, NH P&C is strategically important to NACF, given its role as the exclusive provider of government policy insurance products to cooperative members. Additionally, AM Best recognises NHFG’s capability and strong willingness to provide timely financial support to NH P&C, should the need arise.

Negative rating actions could occur if there is a significant deterioration in NH P&C’s balance sheet strength fundamentals and a further decline in its domestic solvency ratio from the current level. Negative rating actions also could arise if the level of support or the company’s strategic importance to its ultimate and immediate parents is reduced to a degree that no longer supports the current level of enhancement. While it is thought to be unlikely, positive rating actions could occur if NH P&C’s business profile improves in a sustainable manner, for example, through successful channel diversification that results in a materially enhanced market presence without deterioration in its risk-adjusted capitalisation and operating profitability.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251121687162/en/ 

Contact

Seokjae Lee
Senior Financial Analyst
+852 2827 3407
seokjae.lee@ambest.com

Chanyoung Lee
Director, Analytics
+852 2827 3404
chanyoung.lee@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com 

Source : AM Best

Friday, November 21, 2025

OMP Miami Conference 2025: Transforming Supply Chain Vision into REAL Impact with Human-AI Synergy

 

MIAMI, FL, November 21, 2025 /ACCESS Newswire - AsiaNet / --

OMP, a global leader in supply chain planning solutions, brought together global supply chain executives, technology innovators, and strategic partners at the OMP REAL Conference 2025 in Miami. Held on November 18-19, the event showcased how agentic AI, decision-centric planning, and human-AI collaboration are reshaping the future of supply chain planning. A key highlight was UnisonIQ, OMP's advanced AI orchestration framework , designed to support faster and smarter decisions across global supply chains.

Panel discussion at OMP Conference

Transforming supply chain vision into REAL impact with human-AI synergy

Fortune 500 leaders share real-world transformation stories

Supply chain leaders from Arxada,AstraZeneca, Beiersdorf, Eastman, Johnson & Johnson, Kraft Heinz, Land O'Lakes, and Visy shared compelling case studies demonstrating tangible results:

• AstraZeneca outlined how they scaled Unison Planning™ across global operations, implementing decision-centric planning to improve agility and decision confidence in volatile markets.
• Beiersdorf revealed how AI-driven insights empower planners to make more informed, impactful decisions across their supply chain.
• Eastman showcased the integration of sustainability into core planning processes, demonstrating how they balance business performance with environmental goals.
• Participants from Kraft Heinz, Johnson & Johnson, and Land O'Lakes emphasized the growing importance of collaboration and shared innovation as companies work to make supply chains more resilient and adaptive.

Agentic AI takes center stage

Under the conference theme ‘ REAL - Real expertise. Real solutions. Real results . ', attendees explored how AI is transforming supply chain planning. Keynote speaker Kevin O'Marah , Co-Founder and Chief Research Officer at Zero100 , delivered bold insights on how agentic and autonomous AI are transforming planner roles and redefining supply chain resilience.

The Unison Plaza served as an innovation hub where OMP experts showcased Unison Planning™ , including UnisonIQ , the AI orchestration framework, and Unison Companion , its AI assistant. Live demos highlighted how AI-powered decision intelligence delivers always-on visibility, agility, and collaboration across end-to-end supply chains. Strategic alliance partners including Microsoft Azure, Rulex, Nulogy, EY, Deloitte, and Bluecrux showcased ecosystem innovations that accelerate digital transformation across industries.

A community united by progress

"Our customers are at the forefront of supply chain innovation," said Paul Vanvuchelen, CEO at OMP . "Through human-AI synergy, they are redefining global supply chains with measurable impact across efficiency, service, and resilience. This conference brought our community together and reaffirmed our shared commitment to shaping the future of supply chain planning."

About OMP

OMP helps companies facing complex planning challenges to excel, grow and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper and packaging - benefit from using OMP's unique Unison Planning™.

Contact Information

Philip Vervloesem
Chief Commercial & Markets Officer
pvervloesem@omp.com
+1-770-956-2723 

Source: OMP

Wednesday, November 19, 2025

DENODO NAMED “ONE TO WATCH” IN SNOWFLAKE’S MODERN MARKETING DATA STACK 2026 REPORT



KUALA LUMPUR, Nov 19 (Bernama) -- Denodo, a leader in data management, has been recognised as “One to Watch” in Snowflake’s report entitled The Modern Marketing Data Stack 2026: How Marketers Become Agents of Change in an AI-Driven World.

Denodo in a statement said this annual report identifies companies that are shaping the future of marketing technology through innovation, growth, and customer impact within the Snowflake ecosystem.

“We are honoured to be ‘One to Watch’ in Snowflake’s Modern Marketing Stack report. Denodo’s logical data management capabilities are a force multiplier, and this adds up to some powerful capabilities for AI when we join forces with proven partners like Snowflake,” said Denodo Executive Vice President, Suresh Chandrasekaran.

This recognition underscores Denodo’s strong standing within the Snowflake ecosystem and its momentum in helping marketing organisations unify, manage, and activate data for AI-driven insight and personalisation.

Vendors named “Ones to Watch” were selected due to their demonstrated innovation, rapid market traction, and proven customer success, particularly in delivering differentiated capabilities that complement the Snowflake AI Data Cloud.

Together, Denodo and Snowflake enable marketing teams to unify, enrich, and activate data in real time, bridging the gap between operational systems and Snowflake’s AI Data Cloud.

The Denodo Platform, a logical data management solution, creates a unified semantic layer across Snowflake and distributed marketing systems, giving marketers governed, AI-ready data wherever it resides.

With Denodo, marketers can use AI to generate real-time audience insights by connecting live operational data, accelerate campaign optimisation by unifying live customer and operational data across Snowflake and other marketing systems, and empower AI agents and analytics tools.

-- BERNAMA

Monday, November 17, 2025

SBC MEDICAL Q3 2025 NET PROFIT SOARS 353 PCT AMID REVENUE DECLINE



KUALA LUMPUR, Nov 17 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported total revenue of US$43 million for the third quarter (Q3) of fiscal 2025, down 18 per cent year-on-year for the period ended Sept 30. (US$1=RM4.12)

SBC Medical Chairman and Chief Executive Officer, Yoshiyuki Aikawa attributed the revenue decline to past business restructuring, including revised franchise fees and deconsolidation of certain group entities.

“Meanwhile, rental revenue remained solid, supported by the renewal of medical equipment, and the consolidation of AHH contributed positively to overall performance,” he said in a statement.

Aikawa emphasised SBC Medical’s focus on sustainable growth into 2026, highlighting plans to expand multi-brand dermatology initiatives, strengthen overseas operations, and deliver high-quality solutions to clinics and patients.

Net income attributable to SBC Medical jumped 353 per cent to US$13 million, up from US$3 million in Q3 2024, translating to earnings per share of US$0.12, compared to US$0.03 a year earlier. Income from operations rose 15 per cent to US$16 million, with a margin of 37 per cent.

These improvements were mainly driven by the absence of initial public offering (IPO)-related and stock-based compensation expenses recorded in the prior year.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter increased 12 per cent to US$17 million, reflecting lower operating expenses offsetting revenue reductions from staffing service terminations and the deconsolidation of Kijimadairakanko Inc and Skynet Academy Co Ltd.

The company reported a total of 258 franchise locations as of Sept 30, up 34 from the previous year. The number of customers served in the last 12 months was 6.5 million, representing a 14 per cent year-over-year increase. The repeat rate for customers visiting franchisee clinics twice or more was 72 per cent.

A comprehensive medical group operating a wide range of franchise businesses across diverse medical fields, SBC Medical manages a diverse portfolio of clinic brands and is actively expanding its global presence, particularly in the United States and Asia.

-- BERNAMA

Sunday, November 16, 2025

Bitget Lights Up UNTOLD Dubai with Immersive LED Tower and Global Fan Experience

VICTORIA, Seychelles, Nov 12 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), returned as the official partner of UNTOLD Dubai after the success of UNTOLD Romania, bringing the energy of Web3 to one of the world's most celebrated music festivals. From November 6–9, more than 180,000 fans gathered at Dubai Parks & Resorts for four nights of music, light, and digital art, all anchored by Bitget's iconic 10-meter LED tower, the centerpiece of the festival's mainstage. 

Designed by acclaimed Dutch artist Julius Horsthuis, the LED tower featured seven custom VJ loops, each representing one year of Bitget's journey since 2018. The booth itself became a hub of energy, drawing crowds for limited-edition merch drops, fan interactions, and spontaneous performances. Crypto met culture as Hardy Singh, one of India and Dubai's most recognizable creators and Bitget's newest Key Opinion Leaders (KOL), led a surprise bhangra performance that set the festival grounds alight.

"I'm proud to combine Web3 and culture in a way that connects with people," Hardy said. "We did a bhangra performance at the booth, not expecting how massive the crowd was gonna be. Coming into the crypto space after many years just made sense with Bitget. I first got to know Bitget at UNTOLD Romania, and a few months later, here I am, not just as a user, but as a part of the team, and I'm so proud to share my Bitget experience with my followers."

Bitget's on-site activation drew in creators, KOLs, and VIPs from across the Web3 and music worlds, blending community engagement with festival euphoria and amazing mainstage moments right before headliners such as Armin Van Buuren, Steve Aoki, Martin Garrix, and J Balvin. Through social campaigns like the #GearUp ticket giveaway, Pulsar Money Vault Challenge, and Spotify playlist sharing, the brand brought fans directly into the experience, giving lucky winners the chance to attend the festival, meet the team, and claim exclusive Bitget merchandise.

"This partnership is a celebration of what happens when technology meets passion," said Gracy Chen, CEO at Bitget. "Just like music evolves, so does crypto, and as Bitget transforms into a Universal Exchange, we're showing the world that finance can be as creative, human, and inspiring as art itself." 

Bitget's newly appointed Chief Marketing Officer, Ignacio Aguirre Franco, who was officially announced during the festival on November 7, shared his perspective on the partnership and Bitget's creative direction.

"Our goal at Bitget is to make Web3 tangible, to show that digital assets aren't confined to charts and screens, but can live, breathe, and move with culture," said Ignacio, CMO at Bitget. "UNTOLD Dubai was more than a partnership; it was a statement of what the Universal Exchange represents: creativity, inclusion, and the power of experience."

“Bitget’s presence at UNTOLD Dubai shows how technology can amplify culture. The LED tower wasn’t just a digital installation; it was a living symbol of creativity, innovation, and connection. Music and festivals are cultural onramps for mainstream adoption. When Web3 brands appear inside cultural experiences, the technology becomes relatable. You don’t need to explain blockchain when people feel its value through rewards, community access, or unique digital collectibles. That’s where emotion meets innovation, and where the future of fan engagement truly begins,” said Bogdan Radulescu, Chief Business Officer and Co-founder of UNTOLD.

With its presence at UNTOLD Dubai, Bitget once again proved that innovation isn't just about technology; it's about connection. As the Universal Exchange (UEX), Bitget continues to bridge worlds, inviting millions to trade, create, and truly Feel the ₿eat.

About Bitget

Established in 2018, Bitget is the world's largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real-world assets on a single platform. The ecosystem is committed to helping users trade smarter with its AI-powered trading tools, interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider access to real-world assets. On the decentralized side, Bitget Wallet runs as the leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into the platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet 

For media inquiries, please contact: media@bitget.com 

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/217ec903-8911-4c62-a929-bfe5a12da51e

https://www.globenewswire.com/NewsRoom/AttachmentNg/ef4e3547-a42b-48dc-9608-06d3ed16df58

https://www.globenewswire.com/NewsRoom/AttachmentNg/28f577cc-6d57-4765-bfe4-f7a0d7462886

https://www.globenewswire.com/NewsRoom/AttachmentNg/d33b646c-ff21-43a4-b458-047c8e5a79ff

https://www.globenewswire.com/NewsRoom/AttachmentNg/4e0abc48-b239-4326-a856-9b67eb8b76d0 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM 
are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Saturday, November 15, 2025

TOURISE Announces USD 113BN in Portfolio Investments to Accelerate the Future of Tourism

 

His Excellency Ahmed Al Khateeb, Saudi Arabia's Minister of Tourism and Chairman of TOURISE announces USD 113 BN of investment portfolios catalyzed at the inaugural TOURISE Summit.​

High‑impact dealmaking at the inaugural TOURISE Summit catalyzes cross‑sector capital for growth across the global tourism ecosystem.

RIYADH, Saudi Arabia, Nov 12 (Bernama-BUSINESS WIRE) --TOURISE, the bold global platform shaping a new horizon for tourism, announced today that it has catalyzed investment portfolios totaling USD 113BN at the inaugural TOURISE Summit in Riyadh. The milestone reflects TOURISE’s mission to unlock high‑value deal flow by convening public and private sector leaders across tourism, technology, investment, and sustainability to set a shared roadmap for the next 50 years of global tourism.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111666032/en/ 

The announced portfolio investments span the full breadth of the visitor economy: luxury retail, next‑generation hotel accommodation, large‑scale integrated, experience‑led developments, wellness, destination and lifestyle offerings, talent development, and AI‑powered platforms. Collectively, these commitments set a new standard for what’s possible, and what’s required, to meet future tourism needs and redesign the traveler journey.

Just some of the international and local companies who announced their portfolios as part of the USD 113BN include: Melia Hotels, BWH Hotels, GOCO Hospitality, Cenomi, Radisson, Earth Hotels, Delonix & Ocean Link, AlFozan Holding, Al Kathiri Holding, Alothaim, and Knowledge Economic City.

By combining hard infrastructure with human capital, and fusing data, design, and hospitality, these investments will unlock new value across the tourism ecosystem, create new job opportunities, and deliver unforgettable, purpose‑driven experiences at scale. Above all, many were Saudi focused, cementing the Kingdom’s international competitiveness and desirability as a leading global travel destination, where culture, innovation, and world‑class service come together, and signal to partners and investors that this is where the next era of tourism growth is to be built.

Investment ushers in the next chapter of the global tourism economy

His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of TOURISE, commented “TOURISE has been the catalyst that brings investors, policymakers, and innovators to the same table, turning vision into bankable partnerships and high‑impact deals. Together, we’re redefining the entire traveler economy—powered by AI, built on destination and experience excellence, and designed so growth and opportunity extend across the ecosystem.”

Today’s announcement advances TOURISE’s founding purpose: to unite decision‑makers and disruptors across the public and private spheres to accelerate transformative partnerships and convert ambition into action through high‑impact dealmaking. With the announcement of such unprecedented levels in the tourism ecosystem, it highlights how TOURISE brings the right people together at the right time to drive outcomes that will reshape how the world travels, connects, and grows.

About TOURISE

TOURISE is the world’s premier platform shaping a new horizon for global tourism.

Powered by the Saudi Ministry of Tourism, the inaugural TOURISE Summit will take place 11–13, November 2025 in Riyadh. TOURISE will convene visionaries from government, business, investment, and academia to unlock the innovations that will drive holistic impact initiatives and transformative deals that will reset the industry and build a tourism sector that is sustainable, equitable, and future-focused.

Physically exclusive and digitally inclusive, TOURISE will ensure broad global participation while providing targeted access to visionaries shaping the future of global tourism. Following the Summit, TOURISE will extend as a year-round platform where bold ideas become real-world solutions.

This is where the next 50 years of tourism are shaped. Together, we are unstoppable.

For more information about TOURISE, visit www.TOURISE.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20251111666032/en/ 

Contact

media@tourise.com 

Source : TOURISE 

--BERNAMA