Invest Saudi and The World Association of Investment Promotion Agencies (WAIPA) officially launched the 28th World Investment Conference (WIC) today in Riyadh. With an overarching theme of ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’, the first day brought together more than 2,000 attendees from 130 countries, including 30 ministers, to explore key strategies for overcoming global investment challenges and unlocking opportunities for the future.

CelcomDigi Berhad (CelcomDigi) today underscored its commitment to building the country’s new digital network for the benefit of Malaysian consumers and enterprises through strengthened collaborations with its infrastructure partners. These partnerships are key in delivering the most modern and future-ready digital network by enabling fast rollout, wide coverage, and innovative growth opportunities to meet Malaysia’s growing digital demands.

WCT Holdings Berhad (“the Group”), an investment holding company with businesses in engineering and construction, property development, and investment in and management of retail malls and hotels, reported a revenue of RM437 million for its third quarter, which ended on 30 September 2024 (“Q3FY24”), compared to RM497 million in the preceding year’s corresponding quarter, 30 September 2023 (“Q3FY23”). The Group achieved a profit attributable to equity holders of RM173 million, compared to a loss of RM14 million recorded in Q3FY23, mainly contributed by the remeasurement of interest in a jointly controlled entity amounting to RM184 million.