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Accelerates efficiency while enhancing security, document management and remote working capabilities   SINGAPORE – Media OutReach – 16 June 2020 – Fuji Xerox Asia Pacific today announced the launch of 19 new models from its digital multifunction/printer ApeosPort and DocuPrint series (Refer to Table A). The latest products, together with Fuji Xerox’s solutions, will allow businesses to overcome new challenges on intensifying security risk, demand for greater efficiency, burgeoning operational […]

Accelerates Digital Transformation by Simplifying Business Processes Through Unifying Organization Data   SINGAPORE – Media OutReach – 10 June 2020 – Fuji Xerox Asia Pacific announced today its partnership with M-Files, a global leader in Intelligent Information Management (IIM), unveiling a new digital business solution for companies in the Asia-Pacific (APAC) region that features automated workflows together with intuitive information management and compliance support that is deployable in the cloud, […]

Infor recognized for completeness of vision and ability to execute   BEIJING, CHINA – Media OutReach – 9 June 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that Gartner Inc. has positioned Infor as a Leader, for the second consecutive time, in its Magic Quadrant for Warehouse Management Systems (WMS). Infor was positioned in the Leaders quadrant for its ability to execute and its completeness […]

Government policies on climate change and consumer demand could see the number of electric cars reach 100 million by start of next decade compared with seven million today. China is the world’s largest market for electric vehicles in total, accounting for around 45%, while a quarter (24%) are in Europe and 22% in the US. In Asia – China, Japan and India to drive future sales. New […]

Physical classrooms across Asia, like this Japanese High School, were recreated online during the onset of COVID-19   SINGAPORE – Media OutReach – 9 June 2020 – Since the onset of the pandemic early this year, education ministries across Asia have pushed for mass migrations online, with the help of  Microsoft Teams, Office 365 and Microsoft Azure, enabling millions of students to continue to learn from home. Beyond ensuring lesson […]

A Ninja was a covert agent in Japan who was trained in martial arts and deployed as a weapon against a foe. Their speciality was surprised attacks, assassination, espionage and sabotage. Ninjas have become popular in mainstream culture thanks to movies like Teenage Mutant Ninja Turtles and their appeal has crossed over to video games and even slots at slotsmummy.com. Ninja Ways  If you are fascinated by […]

As we all know, Covid-19 and the effect it is having on the world has been substantial. With several cancellations and travel bans to locations all over the world, there are plenty of changes being made. With changes to sporting events as well as the postponement of a number of major events in the UAE and internationally, there are many wondering how Covid-19 can continue to affect not […]

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Arabian Post Staff The International Air Transport Association (IATA) sees 2020 global revenue losses for the passenger business of between $63 billion (in a scenario where COVID-19 is contained in current markets with over 100 cases as of 2 March) and $113 billion (in a scenario with a broader spreading of COVID-19). No estimates are yet available for the impact on cargo operations. IATA’s previous analysis (issued […]

By Matein Khalid The US dollar is the traditional safe haven currency during times of geopolitical or financial stress even when the cause of a risk aversion spasm is ultimately American, such as the failure of Lehman Brothers in 2008, Obama’s epic budget battles with the Republicans in 2011 and the Trump White House’s drone hit on Iran’s most revered Revolutionary Guard commander on 3 January 2020. […]

By Matein Khalid Thankfully, I was not in the global markets during the Black Death, the Great Plague and the Spanish flu pandemic but coronavirus cases have now crossed 40,000 infections and this is way beyond a local Wuhan outbreak. Despite the blowout 225,000 US January non-farm payrolls growth data, I am alarmed by the global recession SOS in the capital markets metrics I track. One, the […]

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 […]

[ad_1] Author: Mon, 2019-10-21 16:02 DUBAI: Mariah Carey stepped out in a gorgeous gown by Dubai-based designer Furne One, founder of Amato Couture, as crowds gathered at Burj Park on Sunday night to mark the one-year countdown to Expo 2020. Carey sparkled in a full-length studded dress featuring intricate patterns and Swarovski crystals. She has been spotted in one of Amato Couture’s gowns before, at the Cannes Film […]

By Arabian Post Staff The changing landscape of the US$360 trillion (Dh1,321 trillion) global wealth is now more than four times the global GDP of US$88 trillion. The wealth per adult reached a new record high of US$70,850, or 1.2% above the level of mid-2018 with Switzerland topping the biggest gains in wealth per adult this year, according to a latest report by Credit Suisse. Aggregate global […]

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 The S&P 500 index trades at 2990 as I write. The risk-reward calculus on the broad index no longer flashes a buy signal to me. The economic data around the world has deteriorated at an accelerating pace, as the decline in global PMI’s, 9% fall in German factory orders and $13 trillion in in government debt trading at negative interest rates attest. Commodities prices […]

By Matein Khalid Citigroup, the third largest US money center bank, owns subsidiaries in Latin America whose pedigrees go back almost a century. For instance, Banamex, Citi’s subsidiary in Mexico, is the second largest corporate/retail bank south of the Rio Grande. So it was no coincidence that Citi shares got sandbagged to a recent 61 as President Trump threatened to impose tariffs on Mexico’s $350 billion exports […]

The foreign exchange market is gaining in popularity as more exposure of how it works spreads online. It is the world’s most traded market, turning over more than $5 trillion every day and it is openly accessible and relatively easy to start. One of the key attractions of forex is that the market operates 24 hours a day. There isn’t any one centralized place for forex – […]

/Arabian Post Staff/ Emirates Group, which operates Emirates Airline – the world’s largest international carrier – reported a 44 percent decline in profits to US$631 million (Dh2.3 billion) in 2018-19 financial year ending March 31, 2019, despite achieving a 7 percent growth in revenue to reach US$29.8 billion (Dh109.3 billion). In line with the overall profit, the Group declared a dividend of Dh500 million (US$136 million) to its shareholder, […]

|By James M. Dorsey| Continued, albeit slower-paced US and Turkish leaks potentially provide insight into far more than the circumstances of the October killing of Saudi journalist and Washington Post columnist Jamal Khashoggi. They focus attention on crown prince Mohammed bin Salman’s strategic thinking as well as his tightened control of the kingdom’s media. In the latest disclosure, The New York Times, quoting anonymous US intelligence sources, reported […]

|By Matein Khalid|If Asia is a growth warrant on the global economy, the omens look awful as the IMF just warned the financial glitterati at Davos. Asian equities were the victims of the grim macro investment themes in 2018. Four Federal Reserve interest rate hikes forced Asian central banks to raise borrowing costs to protect embattled local currencies. The Trump White House’s game of chicken on trade […]

|By Arabian Post Staff| In an unusual move, Saudi Arabia’s sovereign wealth fund,which is a stake holder in Elon Musk’s Tesla, has invested $1 billion in rival Silicon Valley start-up Lucid Motors. This means the Saudis will benefit, irrespective of which new generation car company achieves leadership in this automobile sector. Lucid  is set to start making its first model, the Air sedan, in 2020. The comapny […]

|By Arabian Post Staff| Ras Al Khaimah Petroleum Authority (RAKPA), the regulator of the petroleum sector in the Emirate of Ras Al Khaimah (RAK) in the United Arab Emirates, is seeing a high level of interest from Indian companies to qualify for the 2018 RAK licensing round. Growing demand in the Indian market and the unique opportunity for Indian companies to explore and develop oil and gas in […]

|By Arabian Post Staff| Saudi enforcement courts revealed the recovery of more than 3.4 billion dollars (around 13 billion Saudi Riyals) after enforcing a number of foreign rulings. The rulings came from foreign arbitration committees and foreign courts from a number of countries around the world concerning individuals, companies and entities inside the Kingdom. The most recent one came from a Court in Virginia, forcing a Saudi tourism company to pay $3,758,000 (SAR […]

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