logo

News related to
Middle East

HONG KONG SAR – Media OutReach – 14 July 2021 – Senior executives from more than 150 local and mainland businesses joined an online forum jointly organized by the Consulate General of the United Arab Emirates (UAE) in Hong Kong and the Chinese General Chamber of Commerce (CGCC) on 12th July to learn and explore business opportunities in the UAE, which has Hong Kong and mainland China […]

SINGAPORE – Media OutReach – 14 July 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has announced the appointment of Bernardi Susastyo as General Manager of Asia, Shekhar Bhagat as Head of Alliances of Asia Pacific (APAC) and Ng Han Liong as Head of Presales of Southeast Asia (SEA) to drive GBG’s growth and innovation capabilities […]

I owe a debt of gratitude to a brilliant, young, Gen-Z Mademoiselle, whose knowledge of the Silicon Valley ecosystem (and tango!) has helped me source and syndicate some of the best VC financed late stage pre-IPO deals ever seen in the Middle East. Prose is way too prosaic to express my admiration for her talent and diligence and I do not want to write her a poem […]

by James M. Dorsey Personality as well as the conflation of genuine national interest with personal ambition contribute to the widening gap between Saudi Arabia and the United Arab Emirates. It was only a matter of time before Saudi Crown Prince Mohammed bin Salman would want to come out on his own and no longer be seen as the protégé of his erstwhile mentor and Emirati counterpart, […]

PORT LOUIS, MAURITIUS – EQS Newswire – 9 July 2021 – The Mauritius Commercial Bank Ltd (MCB) (www.MCB.mu) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base […]

SINGAPORE – Media OutReach – 8 July 2021 – 7.11 Day, which falls on 11 July every year, is almost here again! To celebrate, 7-Eleven will run a whole host of offers and giveaways throughout July to thank customers for their support, starting with the biggest deal yet: $1.10 off STOREWIDE with minimum $7 spend*, from 10 July (7am onwards) to 12 July! Receive a free treat […]

DP World and chemical distributor Petrochem Middle East have signed a 30-year lease agreement that expands its business in the region. Petrochem Middle East will invest between USD80 million to USD90 million in developing a chemical terminal on Quay 7, adjacent to the dedicated chemical handling berth within Jebel Ali Port. The agreement was signed by Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World […]

Advertisements

RIYADH: Saudi Arabia’s Deputy Defense Minister Prince Khalid bin Salman met with the US National Security Council’s coordinator for the Middle East and North Africa Brett McGurk and US Envoy to Yemen

F&B Rents in First Rise Since Q3 2016 yet Relaxation of Cross-Border Restrictions may Impact Short-Term Demand Highlights of Office Market – Citywide rents dropped 1.4% q-o-q, mild decline from -2.0% q-o-q in Q1 – Net absorption at -192k sq ft, improved from -900k sq ft in Q1 – Availability rate at 14.4% is expected to remain stable in 2H 2021 Highlights of Retail Market – YTD […]

When thinking about upholstering your sofas, chairs, and other furniture pieces, the wide array of choices (one example of which is Crevin Chic upholstery fabric) can make choosing the right material a bit confusing and difficult. Should you pick a neutral color or bold? Solid or pattern? Leather or fabric? There are endless possibilities to showcase your personality while setting the mode and tone of a room […]

Innovative oil spill recovery and dam water level monitoring solutions receive a US$75,000 grant each to help save lives from natural disasters HONG KONG SAR – Media OutReach – 6 July 2021 – Prudence Foundation, the community investment arm of Prudential in Asia and Africa, together with Humanitarian Partner International Federation of Red Cross and Red Crescent Societies (IFRC) and Technology Partner Lenovo, have announced the winners […]

By James M Dorsey When Israeli Foreign Minister Yair Lapid recently sparked a war of words with Polish Prime Minister Mateusz Morawiecki he was doing more than resisting Central European attempts at rewriting the history and legacy of the Holocaust and right-wing nationalistic flirting with anti-Semitic tropes. The war centred on a bill debated in the Polish parliament that makes it essentially impossible for Jews to claim property they […]

HONG KONG SAR – Media OutReach – 2 July 2021 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is honoured to be recognised as one of the “Most Honored Companies” in Institutional Investor‘s annual All-Asia (ex-Japan) Executive Team rankings for the sixth consecutive year. It was also ranked in the top three in five categories under the Transportation sector. Kerry Logistics Network and its […]

James M Dorsey Recent announcements by Crown Prince Mohammed bin Salman of plans to turn the kingdom into a transportation and logistics hub that connects continents take to a new level Saudi efforts to replace the United Arab Emirates and Qatar as the Middle East’s go-to addresses. Prince Mohammed’s plans, which include the creation of a new national carrier alongside Saudia, currently the kingdom’s aviation flagship and construction of a new airport for […]

UAE’s Etihad Airways and EL AL Israel Airlines, the national carrier of Israel, launched their joint codeshare network and reciprocal loyalty agreement for frequent flyers. This builds on the Memorandum of Understanding (MOU) the airlines signed in 2020 following the Abraham Accords signed by the UAE and Israel. Available for sale from today, for flights from 18 July 2021, EL AL will add its ‘LY’ code to […]

With the rise of online casinos across the world, this type of business is now present in many countries and regions where gambling isn’t traditionally carried out. How do these companies approach the task of attracting new customers in places like the Arabian market, where there isn’t already a strong casino culture in place? New Player Bonuses One of the most powerful marketing strategies that online casinos […]

By James M. Dorsey US President Joe Biden may have little appetite for Israeli-Palestinian peacemaking but seems determined to prevent some third parties from exploiting the regional stalemate to their advantage. That seems to be one message contained in ensuring that King Abdullah of Jordan will be the first Arab leader to visit the White House since Mr. Biden took office. The message takes on added significance with the […]

Students’ Unlimited Creativity Unveiled in ‘Master Code’ Award and Kick-off Ceremonies HONG KONG SAR – Media OutReach – 28 June 2021 – Since 2016, Hong Kong Education City (EdCity) and Microsoft have co-organised the annual Master Code Competition. The award ceremony of ‘Master Code 2020: Create a Zero Hunger Future with AI’ was held on June 25. The organisers have also announced that the theme of ‘Master […]

Arabian Post Staff The sale of homes priced at over $10 million has risen sharply in Dubai, according to property consultants Knight Frank. “The uber luxury end of the market is a terrific barometer for general market sentiment. And in Dubai, we appear to be in the midst of a spectacular post-Covid rebound in luxury home sales. There have been 22 sales of homes worth more than […]

Discover innovation with NCL: From rigorous health and safety protocols to thrilling onboard experiences and incredible itineraries, sailing from your doorstep HONG KONG SAR – Media OutReach – 28 June 2021 – Norwegian Cruise Line (NCL), the innovator in cruise travel, is meticulously planning every detail of the future cruise experience as it prepares for its long-awaited global return to service in July. Once again, travellers are […]

James M Dorsey The rise of hardline President-elect Ebrahim Raisi has prompted someanalysts to counterintuitively suggest that it could pave the way for reduced regional tensions and potential talks on a rejiggered Middle Eastern security architecture but getting from A to B is likely to prove easier said than done. Hopes that a hardline endorsement of a return to the 2015 international agreement that curbed Iran’s nuclear program will […]

17,000 small businesses participated in Amazon.sg’s Prime Day this year Top categories that members shopped and saved on included PC, grocery and health & personal care, with best-selling items including SongHe Thai Fragrant Rice, Sukin Botanical Body Wash and Razer Basilisk x Hyperspeed Wireless Gaming Mouse More than 250 million items were purchased by Prime members worldwide SINGAPORE – Media OutReach – 24 June 2021 – (NASDAQ: […]

HONG KONG SAR – Media OutReach – 23 June 2021 – The 2021 Southeast Asia (SEA) Icon Series, organized by Riot Games, is set to conclude with its first regional championship of the year – the Summer Super Cup. Throughout the tournament circuit, teams have been competing in League of Legends: Wild Rift, the mobile version of the popular multiplayer online battle arena (MOBA) game that has […]

Ranks the third most attractive data center location in APAC Land supply increase through HSITP in the Lok Ma Chau Loop advisable Pandemic and geopolitical tension exert little impact on the market position of Hong Kong’s data center. Hong Kong advances to the third most attractive data center location in Asia Pacific this year Shorten the time gap between power capacity expansion work and data center delivery, […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Houthi missile barrage damages Aramco tower in Riyadh // Dubai activates six-lane Al Khaleej Street tunnel // Abu Dhabi court holds NMC executives liable for fraud // Hyperliquid Strategies pursues US futures registration through subsidiary // BJP leader condemns cyber attacks over Mammootty wedding visit // Gulf states formalise joint railway operating framework // Tesla schedules Cybertruck production wind-down for mid-2027 // Vasavan alleges one-man show by CM Satheesan // Lula commits to budget discipline after election victory // BJP leader condemns cyber attacks over Mammootty wedding visit // Nexawork AI Launches Custom Software for SMEs From RM19,900.00 // Rubio rejects prospect of imminent Iran peace breakthrough // Setback for Usha in Olympic body // Basheer sets Feb deadline for delayed ULCCS projects // EU challenges TikTok video rankings over harmful content loops // NIA Highlights Three Exemplary Breakthroughs from National Innovation Awards, Driving Thailand Toward a Global ‘Innovation Nation’ // Freeze on new bar licences // Sber announces results of GigaArt AI-art festival: Nearly half a million images // PhotonPay Strengthens North American Regulatory Footprint with Canada’s RPAA Registration // Satheesan resists Anil as new state Cong chief //