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DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG).   Download Image: https://bit.ly/39u3rZ1   James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]

SINGAPORE – Media OutReach – 20 July 2020 – SSIVIX Lab has recently launched their healthcare mobile app, MyCLNQ which provides several key benefits to enhance the quality of life for the community. The company is focused on the MedTech industry that leverages devices which people use daily, such as smartphones, to connect all healthcare needs in one online platform. Using a built-in smart Artificial Intelligence (AI) feature, the app […]

Seamless, end-to-end, feature-rich membership management system packs a powerful punch Built by the gym industry for the gym industry, CircuitTM is the superior choice for gym operators of all shapes and sizes SINGAPORE – Media OutReach – 20 July 2020 – Evolution Wellness Solutions (EWS) today launched its cloud-based membership management system, Circuit™, to the global marketplace, now giving gym operators access to a world class  solution to support […]

Provides governance and expands standardized model from Japan for manufacturing industries   TOKYO, JAPAN – Media OutReach – 17 July 2020 – Infor Japan K.K., the Japanese subsidiary of Infor, a global leader in business cloud software specialized by industry, today announced that Chuo Spring Co., Ltd., an automotive components manufacturer, has adopted at its Indonesian sites Infor CloudSuite Industrial, an ERP solution for manufacturing industries, to enhance business visibility and […]

Functional and sustainable winning entries of the year celebrated virtually with Nippon Paint   SINGAPORE – Media OutReach – 11 July 2020 – Following the 13th instalment of the Asia Young Designer Awards (AYDA), Nippon Paint has crowned Lin Honghan, from China and Greta Elsa Nurtjahja, from Indonesia the grand title of being the Asia Young Designers of the Year 2019/2020, beating other participants across 15 geographical locations, in […]

388,570 sqm state-of-the-art distribution centre in Japan’s Greater Osaka to set new standards for modern logistics properties   HONG KONG, CHINA – Media OutReach – 8 July 2020 – ESR Cayman Limited (“ESR” or the “Group”; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, today announced the completion of ESR Amagasaki Distribution Centre (“ESR Amagasaki DC”) in Greater Osaka which, with a GFA of 388,570 sqm […]

Adyen launches its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments.   KUALA LUMPUR – MALAYSIA – Media OutReach – 6 July 2020 – Adyen (AMS:ADYEN), the global payments platform of choice for many of the world’s leading companies, today announced the expansion of its acquiring capabilities to include Malaysia. […]

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Over 200 countries can send and receive money via Vodacom’s Tanzania M-Pesa. The mobile Money services continues to drive economic growth and financial inclusion in Africa. Dar es Salaam, Tanzania – EQS Newswire – 7 July 2020 – Tanzania’s leading mobile money service provider – Vodacom M-Pesa – has announced the expansion of its International Money Transfer service portfolio. Vodacom customers will now have the option and ability to easily […]

Andrew How brings 20 years of experience helping businesses through Culture & Engagement, Leadership Assessment, and HR & Talent Advisory, spearheading growth, driving transformation and accelerating business value through talent in times of organizational uncertainty.   SINGAPORE – Media OutReach – 7 July 2020 – Kincentric, a Spencer Stuart Company, today announced the appointment of Andrew How as Singapore Market Leader, where he will focus on client development and solutions across Culture […]

HONG KONG, CHINA – Media OutReach – 3 July 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884) is pleased to announce that in June 2020, the Group achieved the contracted sales of RMB25.13 billion, representing a YoY increase of approximately 12% (compared to June 2019). Contracted GFA amounted to approximately 1,555,600 sq.m.. Contracted ASP was approximately RMB16,200/sq.m. in June 2020.   For […]

The Indian economy has seen tremendous growth in the industrial sector in the past few years. The country has been attracting large amounts of foreign direct investments, or FDIs as they are popularly known, in the last two decades. Not only this, but there has also been a huge jump in the investments coming in from the Non-Resident Indians (NRI) to the Indian markets. All of this […]

Asia Young Designer Awards (AYDA) gear up for another year to empower young, budding designers of Asia Pacific   SINGAPORE – Media OutReach – 19 June 2020 – Organised by Nippon Paint, the Asia Young Designer Awards (AYDA), will see its 13th year of empowering young, budding designers to be agents of change by creating a positive impact, through design, within their communities. Held annually, student participants go through […]

LONDON, UK AND TOKYO, JAPAN – Media OutReach – 18 June 2020 – Splyt, a scale-up integrator of mobility apps and travel platforms, has closed a USD 19.5 million Series B investment round to support its expansion. The round was led by SoftBank Corp. (TOKYO: 9434), the Japan-based telecommunications and technology company, who will receive a seat on the Board and a significant share in the company. American Express […]

SINGAPORE – Media OutReach – 17 June 2020 – In times of crisis, online businesses need to scale to survive. The most promising region in the world for business expansion is Asia. Which online industries are booming right now? How do you expand into a fragmented region with cultural differences and complex payment behaviour? The experts will discuss these, and other topics at the FREE Gate2Asia webinar on July 2. […]

JAKARTA, INDONESIA – Media OutReach – 16 June 2020 – Leading global logistics provider, GEODIS has announced the appointment of Tomy Sofhian as the Managing Director of Indonesia from May 2020.   Tomy reports to Rene Bach-Larsen, Sub-Regional Managing Director ASEAN, who commented: “Tomy Sofhian joins GEODIS with a wealth of experience in the supply chain industry and at a key time during our expansion of operations in Indonesia.  We continue […]

Presumptive Democratic nominee Joe Biden is enjoying a boon in the presidential race, soaring in national opinion polls to new heights and overtaking Donald Trump in political betting markets. A shifting political landscape that is proving to be a subject of great interest with the punditocracy and handicappers, keen to serve up predictions for what lies ahead for the ‘land of the free and the home of […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 June 2020 – Secondlifeasia, a game-changer in the Apple device repair and maintenance sector today announced it is geared to launch its first round of funding this year via PitchIN (Pitch Platforms Sdn Bhd) . Founded in February 2018, the company boasts exclusivity by being the only player that possesses an Apple diagnostic app to analyse 34 critical points on your […]

Arabian Post Staff Global solutions integrator AGC Networks announced that it will be acquiring Fujisoft (along with its associated companies in UAE) through its indirect subsidiary – Black Box Holdings Limited Cayman Islands. The proposed acquisition is subject to approval from the Department of Economic Development in Dubai and from Abu Dhabi Department of Economic Development for the company in Abu Dhabi. The acquisition of Fujisoft will substantially increase and strengthen […]

Emirates Airline reported a 21 percent jump in profit to US$288 million (Dh1.1 billion) in 2019-2020 financial year ending March 31, 2020, compared to $245 million (Dh900 million) reported in 2018-19 financial year, despite the effects of Covid-19 that grounded its fleet in the 12th month of the reporting period. The airline reported strong profit growth despite a 6 percent decline in revenue to $25.1 billion (Dh92 billion), […]

The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists will be set up at major shopping malls and hotels, in addition to the existing ones at air, land, and maritime entry and exit ports across the UAE,  the Federal Tax Authority (FTA) announced. The expansion aims to provide additional services to tourists, enhancing the UAE’s status as a leading destination on the international tourism map. Planet […]

By Arabian Post Staff After two decades of successful operations in the GCC, UAE’s home-grown brand Nikai has commenced operations in Egypt by setting up facility for the production of television sets. The company believes that fast-growing economy with a high value-based consumer demand will help build on its existing market in Cairo. Nikai chairman Paras Shahdadpuri said the expansion marks a new era for the company. […]

There’s barely an area of entertainment or recreation that Dubai hasn’t either broken into or attempted to break into during the past few years, but this latest trend is one we never expected to see. When you hear the words ‘luxury cruise’, there are to areas of the planet that tend to spring to mind. The first is the Caribbean. The second is the Mediterranean. At a […]

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, […]

By Arabian Post Staff Chairman of Dubai based DAMAC Properties, Hussain Sajwani, through his private investment company, Vision Investments, has bought the Italian fashion group Roberto Cavalli SpA. The acquisition of the Florentine brand was completed on November 28th. The UAE-based investment company emerged as the top bidder amongst various entities that were vying for the globally recognized fashion brand. Roberto Cavalli was previously controlled by the […]

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