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GCC defence ministers discuss military coordination amid Iran conflict // North Korean hackers channel Binance funds through fake tokens // Google Health introduces blood pressure logs and glucose overlays // Thai Airways discloses 60,529 records exposed through Amadeus // FinCEN identifies $8 billion in suspect overseas payments // US relocates tankers from second British base amid threats // Japan’s Nikkei advances as buyers return after sell-off // Moonless skies improve stargazing conditions across northern Saudi Arabia // North Korean hackers widen drone and software attacks // UAE forecasts heavy showers across northern regions midweek // Messi secures consecutive MLS Golden Boots with 26 goals // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // OnePlus 16 India debut reconsidered amid launch discussions // ADNOC Gas quarterly profit doubles to $1.34 billion // France identifies Iranian Guards as supermarket hacking suspects // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // New Two Way Trade Momentum Highlighted at China-Africa Cooperation Forum in Yiwu // Singapore introduces AI scam alerts for messaging conversations // Dubai approves airport Metro link for 2031 opening //

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DUBAI: British singer Alesha Dixon, who is a judge for Britain’s Got Talent (BGT), was spotted wearing a dress by Lebanese designer Rami Kadi this week during the opening episode of the show’s 14th

DUBAI: A study of the Russian COVID-19 vaccine has been peer-reviewed and published in the prestigious British medical journal The Lancet, demonstrating some significant advantages over competing

Arabian Post Staff The Dubai Gold and Commodities Exchange (DGCX) saw a spike in trading of its precious metals portfolio in August, as investors and market participants turned towards safe-haven assets amidst continuing global economic uncertainty and a weakening US dollar. Last month, the DGCX saw its flagship Gold Futures product record year-to-date (YTD) volume growth of 47.64% compared to the same period last year, whilst its […]

MANILA, PHILIPPINES – Media OutReach – 28 August 2020 – With a young population learning to be entrepreneurs (average of 24.4 years old with high digital penetration) the technology and digital sectors in the Philippines are well-placed to create employment opportunities for the upcoming generation of working professionals. International executive search firm, Michael Page remains optimistic about the untapped potential in Filipino talent as they open their sixth office within […]

LONDON: A British team has helped secure the release of three Iranian sailors from Somali pirates, amid heightened tensions between the UK and Iran over the case of the imprisoned charity worker

BEIJING, CHINA – Media OutReach – 12 August 2020 – The anime “A Whisker Away”, also known as “Wanting to Cry, I Pretend to Be a Cat”, was premiered on June 18, 2020, and streamed in China through Xigua Video, Douyin and Toutiao. It is another Xigua Video simultaneous global streaming with Netflix after the BBC Series Dracula. It is reported that the film is available to paying subscribers on the […]

HONG KONG, CHINA – Media OutReach – 13 July 2020 – Whether you are a beginner or an experienced investor, a turbulent year like 2020 makes it unmistakably difficult to accurately predict how the investment market will behave. Moreover, with having Hong Kong’s economy having been heavily impacted by political crises as well as the ongoing pandemic, market analysis has become even harder to predict.  However, according to a […]

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TAIPEI, TAIWAN – Media OutReach – 20 June 2020 – The 2020 Tang Prize in Sinology was awarded to renowned historian Wang Gungwu “for his trailblazing and dissecting insights on the history of the Chinese world order, Chinese overseas, and Chinese migratory experience. As the leading scholar on Sino-Southeast Asian historical relations, he developed a unique approach to understanding China by scrutinizing its long and complex relation […]

TAIPEI, TAIWAN – Media OutReach – 18 June 2020 – Dr. Jane Goodall, DBE, founder of the Jane Goodall Institute, UN Messenger of Peace and one of the most influential primatologists today, was announced winner of the 2020 Tang Prize in Sustainable Development today (June 18), “for her ground-breaking discovery in primatology that redefines human-animal relationship and for her lifelong unparalleled dedication to the conservation of Earth environment.” Her […]

By Matein Khalid Oscar Wilde once spoke of his friendship with Lord Alfred Douglas, the fabled Bosie, as “the love that dare not speak its name”, in Victorian London, when Sherlock Holmes and Jack the Ripper roamed amid the fog and the gaslights! The love that dare not speak its name in my life is, of course, my obsession with foreign exchange markets, a love that mesmerizes […]

The Dubai Gold and Commodities Exchange (DGCX) continued to see robust trading activity in April, with members increasingly seeking to protect themselves against volatility and global economic uncertainty. In light of continued currency volatility and varying views on the dollar as a safe haven, the DGCX last month most notably recorded a surge in trading of its G6 currency portfolio, which registered year-on-year (Y-O-Y) volume growth of […]

Golf is an absolutely beautiful sport. People love playing it and watching it all over the world. In this article, we are going to highlight the Top 5 Golf Tournaments in the world. These golf tournaments are extremely prestigious and always feature extraordinary play. They are primarily PGA Tour events, which originates from the United States. The PGA Tour also has a European counterpart called the PGA […]

Arabian Post Staff Around 20% of Europe’s mid- and small-sized oilfield service companies, the vast majority of which are British or Norwegian, are set to become insolvent as the effect of the Covid-19 epidemic will hit the continent’s OFS market hard and cut purchases by about $5 billion year-on-year, a Rystad Energy impact analysis shows. The European service market, which was expected to stay largely flat this […]

By Matein Khalid My tactical idea last week to recommend buying sterling against the US dollar (cable) at 1.30 for a 1.34 target is 200 pips in the money now that the Bank of England kept the policy rate unchanged at 0.75% despite Governor Carney’s smoke signals. Sterling closed at 1.32 on Friday evening and will be well bid next week – hopefully. I expect Governor Bailey […]

By Matein Khalid NMC Health PLC, the UAE’s leading private operator of medical clinics and hospitals with a footprint in 17 countries was founded by Abu Dhabi based Indian-Udupi businessman B. R. Shetty and listed on the London Stock Exchange. NMC plunged a shocking 45% in five trading sessions after Carson Block of Muddy Waters Capital, one of the world’s preeminent short selling specialist hedge funds, accused […]

By Matein Khalid I had recommended buying the Tadawul ETF iShares MSCI Saudi Arabia (symbol KSA on NYSE) on November 30 to benefit from the post-IPO surge in the price of the Saudi Aramco IPO shares on the Tadawul. This tactical trade was a beauty even before Saudi Aramco shares soared 20% on its Thursday December 12 to peak at 38.7 Saudi riyals (SAR). As I expected, […]

It’s the largest and most popular music festival in the world, so it’s no surprise that every single available ticket for Glastonbury Festival 2020 sold out instantly. Tickets were placed on general sale on the morning of Sunday, 6th October. They were all done within a matter of hours. During that time, websites crashed, phone lines became engaged, and millions of music fans took to the internet […]

Whilst the forex market is renowned for its liquidity and volatility, it’s fair to say that some currencies offer a far greater degree of stability than others. Take the U.S. Dollar (USD), for example, which features as part of 84% of all currency trades and accounts for an estimated 38% of the world’s debt. The USD has also performed well of late, having strengthened to a 12-year […]

By Saifur Rahman Valletta, Malta: The Government of Malta is seeking greater ties with the Gulf countries and India, in order to accelerate its economic growth, highest among the European Union countries, a top official said. The country is also expected to make the best use of the World Expo 2020 in which it is preparing a three-pronged strategy to promote its culture, economy and heritage through […]

By Matein Khalid So Boris Johnson was elected the leader of the Conservative Party by 66% of the Tory membership and thus he, not Jeremy Hunt, will go to Buck House to present his credentials to Her Majesty the Queen. This increases the risk of both no deal Brexit and a potential Tory vote of no confidence in parliament, led by Mrs. May’s Chancellor of the Exchequer […]

By Matein Khalid George Soros once observed “the big money in emerging markets is made when things go from Godawful to just plain awful”. So true. The point of maximum pessimism in an emerging market is often an opportune moment to accumulate its shares, ideally after a political, economic or financial systemic shock. I sold my entire Pakistan equities portfolio in summer of 2017 after the Supreme […]

By Matein Khalid Thanks to the orchestrated bullishness of a dozen Wall Street sell side analysts and the mother of all short covering rallies, Uber has managed to claw back its losses from 38 to its IPO offer price of $45 though the latest management disaster and sacking of Dara’s handpicked COO and marketing lady wunderkind will slam the shares tonight. Uber has also benefited from a […]

|By Matein Khalid| I had recommended buying the British pound at 1.2700 against the US dollar in successive columns in the past two weeks. Sterling is at 1.3200 as I write, the trade is already hugely profitable. Cable has now closed above its crucial 200 day moving average in a clear trend reversal. As markets dismiss the risk of a no deal Brexit, I believe the pound […]

|By S. K. Basu| Since time immemorial Afghanistan has been a flashpoint of human history in Asia. From the days of the reign of the erstwhile Persian Empire till the time of invasion by Alexander, Afghanistan has continued to see bloody battles that stretched into the Colonial Era and the period the Great Games between British and Russian Empires, World Wars, the infamous Russian occupation to the […]

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