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Arabian Post Staff G42, the leading UAE-based AI and cloud computing technology company, announced the launch of the US$10 billion G42 Expansion Fund, a global technology growth fund formed in strategic partnership with Abu Dhabi Growth Fund (ADG). The fund, which will be managed by a subsidiary of G42, is focused on accelerating the pace of global innovation by investing in late-stage growth companies with disruptive technologies and […]

CONCORD, New Hampshire: A judge on Monday denied a family’s attempt to sue Lebanon on allegations that the country’s security agency kidnapped and tortured their family member before he died in the

KYIV, Ukraine: Massive explosions and fires hit a military depot in Russia-annexed Crimea on Tuesday, forcing the evacuation of more than 3,000 people, the second time in recent days that the Ukraine

By James M Dorsey   When Russia invaded Ukraine, it took itself off the map of Eurasian transport corridors linking China and Europe. At the same time, it breathed new life into moribund routes that would allow goods to travel across the Eurasian landmass without traversing Russia. It also opened the door to greater Russian […]

The post Heyday For Geopolitics Of Eurasian Transport first appeared on IPA Newspack.

Arabian Post Staff The government of the Sultanate of Oman scored a major victory in the U.S. Department of Commerce’s countervailing duty investigation of steel nails from the Sultanate. The Commerce Department’s final determination included a first-ever finding in an Oman CVD case that the provision of electricity conferred no subsidy benefit on Oman Fasteners, the respondent company, and the final CVD margin was set at just […]

RIYADH: Saudi Arabia’s benchmark index settled flat on Tuesday’s trading session, as investors scramble to assess the impact of declining energy prices and higher inflation on the index The Tadawul

Bassam Al-Sheikh Hussein, the Lebanese man who was hailed a hero for taking hostages at gunpoint in a Beirut bank while demanding the release of his frozen funds to pay for his father’s medical
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JERUSALEM: The lawyer for a Palestinian prisoner said Tuesday that his client will appeal his case to Israel’s Supreme Court as he continues what his family says is a 165-day hunger strike against

Arabian Post Staff Intense competition and an increase in claims frequency will continue to weigh on Islamic insurers’ earnings in 2022, S&P said in a report on the outlook for the GCC Takaful industry. But it forecast a modest recovery in 2023 thanks to anticipated rate adjustments in loss-making lines and higher interest rates, which should boost investment returns. Ongoing pressure on earnings and capital has already […]

Study further found 79% of consumers in Asia Pacific want digital identity system SINGAPORE – Media OutReach – 16 August 2022 – Callsign, the digital identity pioneer, has released a report quantifying for the first time the value of digital trust to society and the economy. The research reveals the potential to build growth during the current global economic slowdown with a five percentage point increase in […]

RIYADH: Saudi Arabia’s low-cost airline has recorded an accelerated growth of 120 percent in the number of passengers during the first half of 2022. The number of passengers has increased to around 4

RIYADH: 17 new housing schemes were approved in Madinah during the second quarter of 2022, Saudi Press Agency reported on Sunday. The schemes cover a total area of 2,242,738 square meters and include

RIYADH: The Tadawul All Share Index, Saudi Arabia’s main index, ended the first trading session of the week lower, following four consecutive gains led by a decline in Aramco. TASI slipped 0.13

BEIRUT: The father of Hadi Matar, the man who stabbed novelist Salman Rushdie in the US on Friday, is refusing to talk to anyone. Since hearing about his 24-year-old son’s crime, he has not received

RIYADH: Ukraine’s foreign currency rating was lowered to selective default, from CC, by global rating agency S&P, and to restricted default, from C, by Fitch Ratings, according to Bloomberg. This

By James M Dorsey   When Prime Minister Victor Orban recently spelled out his vision of Hungary’s frontiers, he joined a club of expansionist leaders such as Russia’s Vladimir Putin, China’s Xi Jinping, and members of the Indian power elite who define their countries’ borders in civilisational rather than national terms.   Speaking on Romanian […]

The post Echoes Of Demand For Civilisational Rather Than National Boundaries first appeared on IPA Newspack.

LONDON: Russian journalist Marina Ovsyannikova, who staged a protest against the invasion of Ukraine on live TV in March, was placed under house arrest on Thursday after being charged with spreading

LONDON: The UK government on Friday officially declared a drought in several parts of England, following months of record low rainfall and unprecedented temperatures in recent weeks. At a meeting of

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

JEDDAH: An exhibition exploring Saudi Arabia’s ambitious The Line project is leaving visitors enthralled thanks to the work of specialist tour guides. The details of the NEOM project are on full

BENGALURU: US stock index futures rose on Friday, setting the S&P 500 and the Nasdaq for a fourth straight week of gains on easing bets of another super-sized interest rate hike by the Federal

LONDON: Gold prices inched lower on Friday but were still on track for a weekly rise, as an overall weakness in the dollar offset pressure from an uptick in bond yields and expectations of further

RIYADH: The Saudi Ministry of Industry and Mineral Resources issued 90 new industrial licenses in June, which were distributed over five industrial sectors. Industries associated with the

DUBAI: Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum has met with delivery rider who went viral on social media after removing two concrete blocks from the road. Abdul Ghafoor
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