Media OutReach
Umm Al Qura bets on a platform model as it launches a five-year strategy and unveils Makkah’s next urban frontier
Developer of Masar Destination announces 2026–2030 roadmap and secures 1.2mn sq m Masar Gardens award — signaling a structural shift from single-asset operator to multi-city development platform in the western region
MAKKAH, SAUDI ARABIA – Media OutReach Newswire – 9 June 2026 – Umm Al Qura for Development & Construction has drawn a sharp line under one chapter of its corporate history and opened another, announcing a new five-year strategy and, in the same breath, securing the development rights to a 1.2 million square metre site adjacent to its flagship Masar Destination in Makkah — a juxtaposition that appeared carefully choreographed to demonstrate that the new plan was already in motion before the ink on it had dried.
The company, which owns, develops, and operates Masar Destination and has been listed on the Saudi Exchange (Tadawul) since completing its institutional transformation over the previous strategy cycle, said on Tuesday that its 2026–2030 plan marks a transition from managing a single flagship project to operating what it described as a “multi-destination urban development platform” across Makkah, Madinah, and Jeddah.
The new site — awarded to a consortium of Umm Al Qura, Makkah Construction and Development Company, and Rajhi United Real Estate Company — will be developed under the name Masar Gardens and encompass the Hindawiya West and Hindawiya South plots. The choice of branding is deliberate: by extending the Masar name to an adjacent precinct rather than launching a standalone product, the company is signaling that its expansion logic begins with deepening what already exists before it spreads outward.
>60% compound annual revenue growth, 2021–2026
>45% compound annual net profit growth
SAR 2bn+ operating cash flow, most recent fiscal year
SAR 40bn development investment attracted to Masar Destination
30+ strategic partnerships forged
SAR 50bn+ targeted new development pipeline, 2026–2030
SAR 3–5bn incremental capital to be deployed over the strategy period
The financial backdrop to the announcement is striking. Over the five years to 2026, Umm Al Qura posted compound annual revenue growth of more than 60 per cent and net profit growth exceeding 45 per cent, while generating operating cash flows of over SAR 2 billion in its most recent fiscal year. Those are numbers that, in most markets, would attract a longer queue of investors than the company would need — and indeed, it reports attracting approximately SAR 40 billion in total development investment to Masar Destination over the period, alongside more than 30 strategic partnerships.
The question that the 2026–2030 strategy must answer is whether a management team that built one destination on time and on budget can simultaneously direct a portfolio of projects across three cities while maintaining the operational discipline that generated those returns. It is, by any measure, a more complex undertaking — and the company’s chosen answer is structural.
The strategy adopts what the company terms a “flexible operating model,” enabling it to function either as master developer or as partner and development manager depending on project-specific investment criteria. This architecture — in which Umm Al Qura deploys expertise and brand as much as balance-sheet capital — is central to understanding why it believes it can manage a SAR 50 billion-plus development portfolio while committing only SAR 3–5 billion of incremental capital over the strategy period. The mathematics only work if co-investors and consortium partners carry a substantial share of project-level financing, which places premium value on the company’s governance framework, track record, and institutional relationships.
Yasser Abdulaziz Abuateek, chief executive, framed the moment in terms of sequencing rather than scale alone. “The launch of our new strategy represents a pivotal turning point,” he said, “as we move from a phase of capability building to one of considered expansion.” The word “considered” appeared to be doing some deliberate work: a reminder, perhaps, that the strategy is explicitly not designed to maximize the number of projects, but to concentrate development activity within a geographically coherent and operationally integrated footprint.
That geographic logic — a tight focus on the western region — is one of the strategy’s more analytically interesting features. Makkah, Madinah, and Jeddah together constitute a demand catchment unlike any other in the Kingdom: structurally underpinned by the Hajj and Umrah pilgrimage economy, the subject of sustained Vision 2030-aligned public investment, and the locus of the country’s most significant cultural and commercial infrastructure. For a company whose institutional identity is inseparable from Makkah, the western region is not a constraint but a concentration of competitive advantage.
The company also reaffirmed that Masar Destination would remain the “central cornerstone” of its portfolio, with development of approved extensions continuing in parallel with new initiatives. For investors, that commitment matters: it confirms that the platform expansion is additive rather than a dilution of the asset that underpins the company’s listed value, and that management is not proposing to harvest the flagship in order to fund growth elsewhere.
The strategy’s formal alignment with Vision 2030 objectives — which the company cited explicitly in connection with enhancing quality of life, stimulating investment, and strengthening economic integration — positions Umm Al Qura as a natural counterparty for government-adjacent development mandates across its target cities. In a market where the allocation of major urban development sites is closely connected to institutional credibility and track record, that positioning carries tangible commercial value.
What the strategy does not offer, at least in its public articulation, is a timeline for when the new destinations beyond Masar Gardens will be identified, announced, or initiated. The company’s language — “planned and selective expansion” in the service of “sustainable value” — suggests a deliberate pace that prioritizes return quality over speed of deployment. Whether that restraint holds as opportunities emerge will be among the more closely watched questions in Saudi real estate development over the coming years.
Further information: www.ummalqura.com.sa/en/new-strategy-2030
Hashtag: #Development #SaudiArabia
https://www.ummalqura.com.sa/en
The issuer is solely responsible for the content of this announcement.
Media OutReach
TELOSIN Introduces “The Dual Transformation,” Pairing Y PRO Red and Y PRO Blue with the New Lumiactive Collection
The new skincare system brings together FDA-cleared, NASA-inspired light technology, complementary formulations and award-winning patented design by Karim Rashid, following a Hong Kong launch attended by more than 2,000 guests
HONG KONG SAR – Media OutReach Newswire – 21 July 2026 – TELOSIN has introduced “The Dual Transformation,” a new approach to personalised at-home skincare built around two dedicated light-based beauty devices—the Y PRO Red and Y PRO Blue—and the complementary Lumiactive Collection.
The launch brings together advanced light-based technology, targeted skincare formulations and award-winning patented design created in collaboration with internationally acclaimed designer Karim Rashid.
Rather than incorporating multiple generalised modes within a single device, TELOSIN developed two distinct devices and two dedicated skincare pathways.
Y PRO Red is designed for a rejuvenation-focused skincare routine, supporting the appearance of firmness, texture and radiance.
Y PRO Blue is designed for routines focused on blemish-prone, oily or visibly unsettled skin.
The devices combine FDA-cleared technology with light-based innovation inspired by scientific developments associated with NASA research.
Introducing the Lumiactive Collection
The Y PRO devices are accompanied by the new Lumiactive Collection, comprising:
- LUMIRED Red LED Treatment Gel
- LUMIBLUE Blue LED Treatment Gel
- Blue Light Defense Cream
Together, the devices and complementary formulations establish TELOSIN’s connected Prepare, Treat, Protect approach to skincare.
The dedicated Lumiactive treatment gels are designed to prepare the skin for the corresponding Y PRO routine, while Blue Light Defense Cream completes the ritual as part of the brand’s wider daily skincare approach.
By developing the devices and formulations as one connected collection, TELOSIN aims to make advanced light-based skincare easier to understand, personalise and incorporate into regular at-home routines.
The result is a complete ecosystem built around two targeted transformations: a red-light pathway focused on rejuvenation and a blue-light pathway focused on skin clarity and balance.
Scientific Insight Behind TELOSIN
TELOSIN has expanded the scientific conversation surrounding the launch through its expert video series, “The Science Behind Telosin,” available on the brand’s website.
The series features expert perspectives from two medical professionals:
Dr. Omer Wolf, MD, a specialist in plastic and reconstructive surgery and advanced facial aesthetic procedures.
Dr. Uri Berger, MD, a specialist in aesthetic medicine with extensive international medical training and experience.
Through the expert series, TELOSIN provides consumers with accessible information about the principles behind light-based skincare and the evolving relationship between professional aesthetic knowledge, beauty technology and at-home routines.
The inclusion of medical perspectives within the wider educational programme reflects TELOSIN’s commitment to supporting product innovation through informed scientific discussion and responsible consumer education.
Award-Winning Patented Design by Karim Rashid
The Y PRO Red and Y PRO Blue were created in collaboration with Karim Rashid, one of the world’s most recognised contemporary designers.
The devices feature award-winning patented design that combines Rashid’s distinctive visual language with TELOSIN’s advanced beauty technology.
Their fluid silhouettes, individual colour identities and ergonomic forms were developed not simply to contain sophisticated technology, but to transform the devices into desirable contemporary objects that can become a natural part of the user’s daily beauty environment.
The collaboration reflects TELOSIN’s belief that advanced skincare devices should deliver a sophisticated combination of performance, simplicity, comfort and emotional connection.
“The Dual Transformation” Unveiled to More Than 2,000 Guests in Hong Kong
The complete collection was officially presented on 30 June 2026 through “The Dual Transformation,” an immersive launch experience held at WTC Mall in Hong Kong.
The large-scale event welcomed more than 2,000 guests, including consumers, members of the Hong Kong media, influencers, beauty industry professionals and invited partners.
The launch featured internationally acclaimed designer Karim Rashid, MIRROR member Ian Chan, celebrated actress and singer Linda Chung, and Dr. Harvey Ho.
Karim Rashid introduced the creative thinking behind the award-winning patented design of the devices, while Dr. Harvey Ho discussed the different applications and skincare pathways associated with red and blue light technology.
Ian Chan and Linda Chung joined the launch presentation to experience the two routines and demonstrate how the Y PRO devices and complementary Lumiactive formulations can be incorporated into contemporary at-home skincare.
“The Dual Transformation demonstrates that advanced beauty technology does not need to feel clinical or complicated,” said Dr. Harvey Ho.
“By bringing together two dedicated light-based devices with complementary Lumiactive formulations, TELOSIN has created a more focused and intuitive approach to at-home skincare. The distinction between the red and blue light pathways also helps consumers better understand how different technologies can support different skincare needs.”
With more than 2,000 guests attending, the event marked a major public introduction of TELOSIN’s broader product ecosystem: two targeted devices, three complementary skincare formulations and one connected approach to personalised light-based skincare.
A Complete Dual Skincare System
With Y PRO Red, Y PRO Blue and the Lumiactive Collection, TELOSIN is introducing more than two individual beauty devices.
“The Dual Transformation” represents a complete skincare system built around clearly defined objectives, dedicated formulations and award-winning patented design.
It reflects the brand’s wider ambition to make sophisticated light-based technology more personalised, intuitive and accessible, while maintaining the premium design experience expected by contemporary beauty consumers.
Hashtag: #TELOSIN
https://www.telosin.com
https://www.instagram.com/telosin_official/?hl=en
The issuer is solely responsible for the content of this announcement.
About TELOSIN
TELOSIN develops premium at-home skincare devices and complementary formulations that bring together advanced light-based technology, scientific insight, award-winning patented design and an intuitive user experience.
Through continued product development and collaborations with internationally recognised designers and medical professionals, TELOSIN aims to make sophisticated beauty technology more personalised, accessible and desirable.
TELOSIN products are available online atwww.telosin.com, at The Mineral Boutique stores, through selected premium retailers and at leading clinics.
For further information, expert videos and product details, visitwww.telosin.com.
Media OutReach
SearchInform: A Risky Game – How FIFA World Cup 2026 Led to Mass Corporate Data Leaks
Experts claim that corporate employees in Southeast Asia are neglecting cybersecurity rules due to their love for football, leading to an increase in fraud cases.
SINGAPORE – Media OutReach Newswire – 21 July 2026 – Although the tournament itself took place in North America, Asia’s massive football fan base created the perfect conditions for data leaks.
Fraudsters are capitalizing on football fans by creating fake streaming platforms and malicious Android applications that steal saved passwords and account credentials directly from browsers. Criminals are also setting up fraudulent websites, as well as sending phishing emails to company employees disguised as gifts, promotions, and office betting pools.
“During major global events, the corporate security perimeter is under huge stress,” said Francis Yeoh, Country Director at SearchInform Malaysia. “Employees access streaming websites from corporate devices to watch matches live. Traditional network-edge security is insufficient—the real danger comes from the employee side of the fence. Employees could watch a translation on a malware-infested website, they could download streaming applications with hidden malware, or use corporate credentials to register for fraudulent giveaways.”
According to Group-IB and the FBI, from August 2025 to June 2026, more than 4,300 fake websites were registered fully mimicking FIFA interfaces, ticketing systems, streaming platforms, and World Cup employment portals.
How Organizations Can Reduce Cyber Risks During Football Season
- Monitor the use of corporate devices. Remind employees that corporate workstations should not be used for personal purposes, including streaming, downloading unofficial apps, or visiting suspicious websites. This measure alone can help reduce exposure to many malware threats.
- Strengthen password security. Monitor risky password practices, as some employees may reuse corporate credentials for personal services. If one of these services is compromised, corporate accounts and systems may be put at risk as well.
- Enforce multi-factor authentication. Apply MFA for privileged employees on a regular basis and temporarily strengthen authentication requirements for remote employees during high-risk periods. This provides an additional layer of protection against unauthorized access.
- Monitor data access patterns. Track who accesses critical information, from where, and monitor its transmission to prevent data loss. Make sure protection also covers cloud services, as corporate data is no longer limited to on-premises storage.
Hashtag: #SearchInform #Cybersecurity, #FIFA2026, #DataProtection
The issuer is solely responsible for the content of this announcement.
About SearchInform
SearchInform is an information security and risk management product vendor as well as an MSS provider. The company’s clients are more than 4000 companies in 20+ countries. Today, the team has products and services for comprehensive protection against insider threats at all levels of corporate information systems: FileAuditor (the DCAP class solution); DLP system with extended functionality; Risk Monitor (advanced AI-powered platform for internal threat mitigation); SIEM system, Information Security outsourcing service.
More than 500 international buyers from 55 economies have confirmed participation
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 July 2026 – The Malaysia External Trade Development Corporation (MATRADE) invites Malaysian companies to seize new global business opportunities by registering for its flagship International Sourcing Programme (INSP) at the upcoming 22nd Malaysia International Halal Showcase (MIHAS) at MITEC, Kuala Lumpur from 23 to 26 September 2026.
Building on the strong momentum of INSP MIHAS 2025, which generated RM3.63 billion in sales, this year’s edition is seeing strong international buyer interest, reinforcing MIHAS’ position as a leading global halal trade platform. INSP MIHAS 2026 features key products and services categories including:
- Agricultural Produce;
- Apparel, Garments and Accessories;
- Beverages;
- Education;
- Fashion Accessories and Textiles;
- Footwear;
- Franchise;
- Gifts, Souvenirs and Jewellery;
- Gloves;
- Islamic Financial Services;
- Information and Communication Technology;
- Logistics;
- Machinery and Equipment;
- Packaging and Containers;
- Palm Oil Products;
- Pet Products;
- Pharmaceuticals;
- Toiletries and Cosmetics; and
- Prepared Food.
Beyond the conventional halal food and beverage segment, this year’s edition is also seeing growing interest in services sectors.
INSP MIHAS connects pre-qualified international buyers with Malaysian halal product and service exporters through pre-arranged one-on-one business meetings across key halal sectors. As buyer meeting slots are limited and allocated through a structured matching process, Malaysian companies are strongly encouraged to register early via the online portal.
According to MATRADE’s Chief Executive Officer (CEO), Mr. Abu Bakar Yusof, “Since the inception of MIHAS in 2004, the International Sourcing Programme (INSP) has generated over RM20.62 billion in export sales for Malaysian companies, with the participation of nearly 8,000 international buyers, benefiting 10,600 Malaysian sellers through 67,200 structured business meetings.
For this year, we are targeting the participation of approximately 300 buyers, of which 50 are premium buyers, reflecting our commitment to attracting high-quality decision-makers and creating greater business opportunities for Malaysian companies. We are also targeting RM2 billion in export sales under the INSP component for MIHAS 2026. To date, we have received interest from more than 500 international buyers across 55 economies, and we encourage Malaysian companies to register early to maximise their business matching opportunities.”
MIHAS 2026 is expected to generate total sales of RM4.50 billion, including export sales from the INSP. “As it stands, 15% of the interested buyers comprise returning buyers, demonstrating sustained confidence in Malaysian exporters and the compelling value proposition they continue to offer in global markets,” he added. This year’s INSP has attracted buyers from 55 different economies.
Malaysian exporters can register through the INSP MIHAS online portal and MADANI Digital Trade Platform (MDTP) before 31st July 2026 and take advantage of one of MIHAS’ most impactful business matching initiatives.
Hashtag: #MIHAS2026
The issuer is solely responsible for the content of this announcement.
Malaysia External Trade Development Corporation (MATRADE)
For more information, please contact:
Aninawati Saleh
Head of Corporate Communication
Malaysia External Trade Development Corporation (MATRADE)
Tel (Direct) : 03 – 6207 7077 (7826)
Email : co***********@*********ov.my
About Malaysia International Halal Showcase (MIHAS) 2026
Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for Halal trade and has helped strengthen the global industry’s position in Halal standards, governance, and market access. Recognised as a Guinness World Records holder and hosted by the Ministry of Investment, Trade and Industry (MITI) with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services, and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, will focus on regulated-by-design governance and technology-enabled trade.
About MATRADE
The Malaysia External Trade Development Corporation (MATRADE) was established on 1 March 1993 as the national trade promotional arm under Malaysia’s Ministry of Investment, Trade and Industry (MITI).
MATRADE’s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia’s commercial diplomacy efforts, MATRADE is the nation’s trade facilitator and champion of Malaysian-made products and services on the global stage.
