By James M Dorsey Since arriving in Saudi Arabia five months ago, soccer superstar Ronaldo has scored 14 goals in 16 games for his new club, Al Nassr. Yet, more was needed for Al Nassr to win the Saudi championship or advance in the Saudi Cup. Even so, Ronaldo’s presence has helped improve the competitive […]
The post Saudi Crown Prince’s Bid To Piggyride Ronaldo Popularity first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 9 June 2023 – Hong Kong University of Science and Technology’s (HKUST) Professor of Electrical Computer and Engineering, Zexiang Li has been appointed as visiting distinguished professor at King Abdullah University of Science and Technology (KAUST) that will benefit immensely from his extensive experience and impact in robotics, education, innovation and entrepreneurship. According to Bloomberg, Professor Zexiang was one of […]
Carl Friedrik’s Charging Tray is built for both convenience and practicality. One side offers well-crafted organizational space, including a catch-all EDC tray with a secondary tray sized specifically for pens […]
Matein Khalid President Erdoğan recalled his pro-markets ex-Wall Streeter Mehmet Şimşek as Finance Vizier and the head of MIT who negotiated his diplomatic rapprochement with Egypt, Israel, Saudi Arabia and the UAE as Foreign Minister but all hell has broken loose in the money markets of Istanbul as I write. The Turkish lira has plunged 7% this AM as state owned banks have stopped the dollar sales […]
Arabian Post Staff A Free Trade Agreement (FTA) between China and GCC could be a game changer to boost the region and galvanise Middle Eastern economic transformation, according to a former Lebanese minister. Although the deal is yet to be signed, there is a strong indication it will be finalised after China’s Foreign Minister Qin Gang requested for it to be done “as soon as possible” following […]
Arabian Post Staff UAE ranks three places ahead of Singapore in terms of least complex jurisdictions to set up and operate a business in the global business complexity index, published by TMF Group, a leading provider of compliance and administrative services. The UAE is at the 61th place while Singapore is placed at 58, which means setting up a business in the island nation is more complex […]
By K Raveendran The decision by OPEC+ to enforce no official cuts, and yet a voluntary cut by swing producer Saudi Arabia, has had only limited upside price pressure, but the long-term price development will hinge on macroeconomic sentiment and the possible extension of the voluntary Saudi Arabian production cut beyond July. After more than […]
The post Oil Market Hinges On Possibility Of Saudi Production Cut Extension Beyond July first appeared on IPA Newspack.
Matein Khalid My muse is the Kingdom tonight – not the kingdom of heaven but the Kingdom of Saudi Arabia. Prince Abdulaziz reinforced Saudi Arabia’s role as the swing producer of OPEC+ at Vienna with a voluntary 1MBD output cut and his energy diplomacy gave UAE a 200,000 barrel a day quota increase. The impact on oil prices has not been dramatic as Brent is now $77 […]
Arabian Post Staff MAF Sukuk Ltd, a special purpose vehicle (SPV) issuer incorporated in the Cayman Islands, announced the successful issuance of $500 million trust certificates. The transaction was successfully completed on 1 June 2023 with Citigroup, HSBC and Standard Chartered Bank, acting as global coordinators and joint lead managers, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank and First Abu Dhabi Bank as […]
Arabian Post Staff UAE banks are in a comfortable net external asset position and their loan to deposit ratios are among the strongest in the region, S&P said in a report on GCC banking. Banks have been accumulating local deposits over the past 15 months amid muted lending growth. S&P said it does not expect an acceleration of lending, so UAE banks’ funding profiles should continue to […]
By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]
The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.
By Manish Rai After facing the toughest challenge of his political career to date, Turkiye President Recep Tayyip Erdogan got re-elected to a third term. Defeating Kemal Kilicdaroglu, presidential candidate of the six-party strong opposition alliance. Erdogan prevailed over Kilicdaroglu in a run-off election held on May 28 after the first round of voting did […]
The post Erdogan’s Presidential Win Is A Clear Loss For People Of Turkiye first appeared on IPA Newspack.
Motorola Razr is bringing back the folding phone (again!) with its fourth generation model, the Razr Plus (a.k.a. Razr+, or the Razr 40 Ultra in Europe). Upgrades include: A larger-than-ever […]
The art of staying cool in the heat just got even, well, cooler. Todd Snyder is no stranger to effortlessly breezy polos and T-shirts, but what if you could lighten […]
Arabian Post Staff Global HNWI have US$ 2.5 billion to spend on Dubai real estate this year, compared to US$ 3.8 billion spent on homes priced at over US$ 10 million in the emirate last year, according to property consultancy, Knight Frank. Knight Frank’s inaugural Destination Dubai report surveyed 183 HNWI globally, each with a net worth of over US$ 3 million, excluding their main home, or […]
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Running a business means being active not only on the local market, but also available through the web. When the company starts to develop, you immediately spread your wings and try to do your best to optimize inner processes. This is where Infinite IT Solutions steps in. Find out about innovative IT systems offered to your business. In search for technological change The company has been established […]
By Nantoo Banerjee India’s Ministry of External Affairs (MEA) has probably never faced such a situation as it is now to engage in a positive diplomacy with the world’s three warring super powers — the US, China and Russia. India is getting increasingly trapped in the international power tussle following the Russia-Ukraine war. The growing […]
The post India’s Triangular Relationship With Russia, China And The US Is Under Pressure first appeared on IPA Newspack.
By James M Dorsey Religious conservatives and nationalists in the Muslim world and beyond have the wind in their sails. So do Arab autocrats, even if they increasingly cloak themselves in nationalism rather than religious conservatism. Last week’s first election round in Turkey saw conservatives and ultra-nationalists win control of parliament. At the same time, […]
The post Culture Wars Bubble Below The Surface Across Arab Region first appeared on IPA Newspack.
Arabian Post Staff Emirates Airlines has announced a special promotion offering free hotel accommodations to passengers traveling to or stopping over in Dubai for a limited time. According to the airline’s statement, the booking period for this offer is available tillJune 11, 2023. Passengers who purchase a first-class or business-class return ticket with Emirates to Dubai, or have a stopover in the city, will be eligible for […]
By Dr. Gyan Pathak Forced labour in India is the highest in the world. About 11 million are presently under forced labour in the country, according to the Global Slavery Index 2023, released by Walk Free Foundation. The Global Slavery Index is a national breakdown of the extent of modern slavery in 160 countries. It […]
The post Forced Labour In India Highest In The World At Present first appeared on IPA Newspack.
