Arabian Post Staff Emaar Malls recorded revenue of AED 3.508 billion (US$ 955 million) in 2020, the company announced. Overall net profit in 2020 amounted to AED 704 million (US$ 192 million). Commenting on the results of the full-year results of 2020, Mohamed Alabbar, Founder of Emaar Properties and Emaar Malls said: ““Emaar Malls has emerged from 2020 in a much stronger position, having faced some of […]
China, India, Indonesia, Malaysia among leaders in global logistics ranking SINGAPORE – Media OutReach – 10 February 2021 – Asia-Pacific nations lead all emerging market regions with China, India and Indonesia being the world’s top emerging markets in the 12th annual Agility Emerging Markets Logistics Index, a broad gauge of competitiveness based on logistics strength and business fundamentals. The Index ranks 50 countries by factors that make them attractive […]
New threat defense platform provides centralized risk visibility and prioritizes alerts for faster detection and response HONG KONG SAR – Media OutReach – 10 February 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, combats security alert overload and resource constraints with an extensible platform that provides visibility and response from a single console. The new platform, Trend Micro Vision OneTM, has extended detection […]
Industry-Wide Cross Border Cyber Intelligence Sharing Mitigated Impact SINGAPORE – Media Outreach – 10 February 2021 – FS-ISAC, the only global cyber intelligence sharing community solely focused on financial services, announced today that last year, more than 100 financial services firms were targets of a wave of Distributed Denial of Service (DDoS) extortion attacks conducted by the same threat actor. The criminals sent extortion notes threatening to disrupt the […]
HONG KONG SAR – Media OutReach – 10 February 2021 – S.F. Holding Co., Ltd. (‘S.F. Holding’; Stock Code 002352.SZ) and Kerry Logistics Network Limited (‘Kerry Logistics Network’ or ‘the Company’; Stock Code 0636.HK) are pleased to announce the proposed strategic investment and cooperation between the two companies. Subject to satisfaction of certain pre-conditions, the Offeror, being an indirect wholly-owned subsidiary of S.F. Holding, will make a Partial Offer to […]
SINGAPORE – Media OutReach – 8 February 2021 – As Singaporeans spread the love this Valentine’s Day, local florists like Floristique roll up their sleeves to cater to the peak in sales. Unperturbed, owner Wendy Han knows all too well about the hustle. Taking a leaf out of her book, she shares five tips on what e-commerce businesses can do better to remain operationally-ready. 1. Build good partnerships […]
Arabian Post Staff The Abu Dhabi Securities Exchange (ADX) announced that it is reducing overall trading activity fees on all exchange transactions as part of its “ADX One” strategy to double the market capitalization of companies listed on the exchange in the next three years. The new pricing structure will be the second time the exchange has reduced its charges in the past two years to enhance market […]
Employee Welfare A Company Priority KUALA LUMPUR, MALAYSIA – Media OutReach – 5 February 2021 – The Joinland Group, a diversified Malaysian conglomerate of varied business interests, led by Dato’ Sri Thomas Hah Tiing Siu, has been adjusting its strategies as the COVID-19 pandemic has progressed, putting a major focus on maintaining growth, employment and protecting the health of its employees. COVID-19 did pose many difficulties for the business, […]
Company reimagines fragmented $300 billion market to bring tools for employee communications, wellbeing, learning and knowledge discovery into the flow of work SINGAPORE – Media OutReach – 5 February 2021 – Microsoft Corp. on Thursday announced Microsoft Viva, the first employee experience platform to bring tools for employee engagement, learning, wellbeing and knowledge discovery, directly into the flow of people’s work. Viva is designed to help employees learn, grow […]
HONG KONG SAR – Media OutReach – 2 February 2021 – Henderson Sunlight Asset Management Limited (the “Manager“) and DBS Hong Kong jointly announce that Sunlight Real Estate Investment Trust (“Sunlight REIT“) has secured a HK$500 million sustainability-linked loan today. This sustainability-linked loan is unsecured and has a tenure of five years. DBS Hong Kong will offer interest margin privileges based on satisfaction of predetermined sustainability performance targets relating […]
HONG KONG SAR – Media OutReach – 2 February 2021 – To understand the intent and views of the people of Hong Kong on emigrating overseas, Bartra Wealth Advisors (‘Bartra’), a subsidiary of Ireland’s market leading real estate developer and the first Irish immigration investment advisory in Hong Kong, conducted an online survey on emigration. From 1,200 responses, the survey found that 84% of respondents are currently considering or will […]
Korean actor-singer IU joins top leading cast comprising Song Kang-ho, Gang Dong-won and Bae Doona in BROKER, which is to be produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema To be directed by celebrated Japanese film director, Kore-eda Hirokazu, who won the 2018 Palme d’Or at the Cannes Film Festival for his film SHOPLIFTERS, BROKER will be his first ever Korean production Screenplay works for BROKER […]
Burgundy lovers will be guided on the best picks with over 1,700 tasting notes for the 2019 vintage and reappraisals of 2018 in bottle SINGAPORE – Media OutReach – 2 February 2021 – Top-end Burgundy wines remain one of the most sought-after wines around the world, with appreciation and investment value at an all-time high. The Robert Parker Wine Advocate Côte d’Or Wine 2019 Report is a timely guide […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 2 February 2021 – Kenanga Investment Bank Berhad today announced its acquisition of i-VCAP Management Sdn Bhd (“i-VCAP”) via Kenanga Investors Bhd (“KIB”), its fully owned subsidiary, following approval by the Securities Commission of Malaysia. i-VCAP is an award-winning, Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded funds (“ETFs”). Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank. “We […]
In the light of this exceptional growth, HE Sultan bin Sulayem believes opening new markets and stimulating mutual trade between Dubai and Israel will encourage companies to increase production, leading to greater economic growth and more job creation. Said Bin Sulayem: “The expansion of trade and investment between the two sides will benefit not only the business communities in the UAE and Israel, but also other stakeholders […]
DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]
The developer of one of the most ambitious projects on Dubai’s The World Islands, will finally be handing over the long-awaited private villas and beach palaces to investors before the end of the year. Some 2,000 units in the Phase I of the $5 billion Heart of Europe, an ultra-luxury man-made island destination that will showcase floating homes, as well as the Middle East version of the […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
The developer of one of the most ambitious projects on Dubai’s The World Islands, will finally be handing over the long-awaited private villas and beach palaces to investors before the end of the year. Some 2,000 units in the Phase I of the $5 billion Heart of Europe, an ultra-luxury man-made island destination that will showcase floating homes, as well as the Middle East version of the […]
DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]
BEIJING, CHINA – Media OutReach – 29 January 2021 – Business confidence in Mainland China is upbeat, with 71 per cent of surveyed professionals expecting their company’s profit will remain the same or increase in 2021. CPA Australia‘s annual Mainland China Economic and Business Sentiment Survey shows that despite concerns over slowing global economic growth caused by the COVID-19 pandemic, 64 per cent of surveyed accounting and finance […]
$4.7 billion in sales, $0.19 EPS and $0.48 adjusted EPS exceeded guidance Third consecutive quarter of operating margin improvement PHOENIX, US – Media OutReach – 29 January 2020 – Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of […]
