Over the years the Arab states of the Persian Gulf have proven to be countries filled with opportunities. With thriving economies from their oil and gas production, Bahrain, Oman, and Kuwait have all become countries that provide significant opportunities for employees, whether they are locals or ex-pats. But how do these countries compare when it comes to employee rights? The following will highlight employment rights and benefits […]
With day to day increasing Bitcoin value, more people tend to buy and invest in Bitcoins. In the US, Canada and other countries buying and selling Bitcoins are very famous and an easy process also. Initially, it was a big task in India, but later India also started to buy Bitcoin due to its profitable nature. This article discusses what a Bitcoin is, how to buy in […]
Indian cricket team coach Ravi Shastri is “happy” that the UAE will host this season’s Indian Premier League (IPL) “because they did a great job last time around”. “I feel it’s going to be a runaway success, Covid-19 or no Covid-19,” Shastri said during a virtual session on Tuesday that saw the UAE and India agreeing to explore new areas of cooperation, especially in the fields of […]
COUNTRY LATEST UPDATES Saudi Arabia Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance. 28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]
Arabian Post Staff Unifeeder, through its Unifeeder ISC (Indian Subcontinent) platform, a majority owned subsidiary of DP World Limited, today announced the acquisition of Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and Transworld Feeders Pvt. Ltd., the containerised Indian coastal and EXIM feeder shipping operations of Shreyas Shipping and Logistics Limited, excluding vessels and bulk operations. The transaction is subject to regulatory […]
Arabian Post Staff Abu Dhabi Securities Exchange (ADX) announced that Chimera Capital LLC’s Exchange Traded Fund (ETF) has listed on the exchange. The ETF has been designed to replicate the S&P UAE Domestic Shariah Liquid 35/20 Capped Index. The index is provided by S&P and tracks the performance of UAE-based Shariah compliant liquid equities, opening up a new and increasingly demanded asset class to investors seeking exposure […]
Arabian Post Staff Emaar Properties demonstrated a resilient performance in H1 2020 by recording revenue of AED 9.032 billion (US$ 2.459 billion) across its assets in the first half of the year (January-June) and net profit of AED 2.007 billion (US$ 546 million), despite the impact brought to bear by the COVID-19 pandemic on the global economy. Emaar delivered half-yearly property sales of AED 5.120 billion (US$ […]
Arabian Post Staff UAE’s leading industrial manufacturer Ducab Group has announced that overall profitability for the first six months of 2020 has been maintained as compared to same period last year, due to the resilience of its diversified cables and metals business with all manufacturing based in the UAE. Jointly owned by ADQ (through Senaat) and ICD, with six manufacturing facilities across four sites in the UAE, […]
Arabian Post Staff DIFC FinTech Hive has attracted an unprecedented 620 global, regional and local applications for the signature programme. The 620 applications for the intake, exceeds the previous record of 425 applications, received in 2019. The applications represent an exceptionally broad range of concepts, submitted by an impressive pool of talent which reflects DIFC’s reputation for nurturing financial innovation. Specialisms include FinTech, InsurTech, RegTech and Islamic […]
Arabian Post Staff Middle East M&A deal values and volume decreasing by 58% and 26% respectively from H1 2019, according to the latest report by law firm Baker McKenzie. Despite this significant drop in Middle East M&A activity, there was a slight increase in total transaction values during the last two months of H1 2020 (May and June), from $2.649 billion in H1 2019 to $33.501. Deal-making […]
Arabian Post Staff Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MOU) with Jiaozi Fintech Dreamworks, one of China’s first Fintech innovation and entrepreneurship platforms. The MOU will enable the DIFC to further support the UAE in facilitating the ‘Belt and Road’ economic initiative and forms a central part of the Centre’s 2024 strategy to strengthen relationships with the international financial community and increase […]
Arabian Post Staff Dubai and Sharjah have won endorsement by the the World Travel & Tourism Council (WTTC) for using to the world’s first ever global safety and hygiene stamp, launched the world travel and tourism organization. Other popular holiday hotspots achieving this include Indonesia and Spanish summer sun destinations including Alicante and Benidorm. WTTC, which represents the global travel & tourism private sector, created the Safe […]
Arabian Post Staff Etihad Airways has signed agreements with Boeing Global Services for the provision of maintenance support on its fleet of Boeing 787s. These agreements are part of the strategic partnership between Etihad and Boeing signed in November 2019, in line with Etihad’s ongoing commitment to achieve excellence in all aspects of operational reliability, maintenance, and on-board experience. Key to the agreements is a Component Services […]
Arabian Post Staff Dubai International Financial Centre announced that one of its clients is undertaking a ground-breaking capital raising. Investment banking and wealth management firm GRIP (DIFC) Ltd. will conduct a multi-million dollar capital raise for Lead Real Estate this month, through the innovative issuance of Digital Securities representing Investor Shares. The issuance is the first major globally compliant digital securities offering in MEASA, marking a key […]
Australia leads the Asia Pacific region in creating an enabling environment supportive of longevity and healthy ageing with an overall score of 75.2 out of a possible 100, ranking second globally behind the US South Korea (4th) and Japan (8th) perform well with scores above the global average of 59.4 South Korea leads the G20 in areas of ‘accessible economic opportunity’ and ‘inclusive social structures and institutions’ […]
CouponzGuru has finally announced its launch in the UAE; so any online shopper can now access the benefits of the website, like the recent launches and latest deals in UAE too. On the eve of the launch, CouponzGuru website’s founder, Mr. Vikash Khetan, said “It is a proud moment for us to announce our arrival in the UAE and other Middle Eastern countries. We started the website […]
Arabian Post Staff As many as 62% of the Middle East survey respondents said they had experienced a decrease in household income due to redundancy or reduction in hours – the highest proportion of any territory surveyed, PwC said while announcing the results of its GCIS COVID-19 Pulse, a snapshot survey that analyses how consumer behaviour and habits have changed due to the lockdown and social distancing […]
Arabian Post Staff Dubai is ranked sixth, ahead of India, in the top ten medical tourism destinations by the the International Healthcare Research Center (IHRC) in 2020-2021 Medical Tourism Index (MTI). The top ten destinations: Canada, Singapore, Japan, Spain, United Kingdom, Dubai, Costa Rica, Israel, Abu Dhabi, and India. The MTI ranks the American perceptions of 46 international healthcare destinations providing insight into how consumers view 41 […]
Arabian Post Staff The first WHO enlisted global clinical Phase III trial of Sinopharm CNBG’s inactivated vaccine to combat COVID-19 has started in Abu Dhabi and has been inspired by the UAE leadership’s vision and commitment to overcome the pandemic through a global collaborative effort. Sheikh Abdullah bin Mohammed Al Hamed, Chairman of the Department of Health, Abu Dhabi, was the first individual in the world to […]
