SINGAPORE – Media OutReach – 6 October 2022 – eWTP Arabia Capital (eWTPA), a leading Saudi Arabia and China-based growth stage venture fund, invited Southeast Asia based LPs to a closed-door breakfast sharing session at the DealStreetAsia’s Asia PE-VC Summit 2022. Asia PE-VC Summit one of the most popular events among the investment and startup communities. The Summit has attracted over 600 attendees from all over the […]
Arabian Post Staff High competition and a surge in motor and medical claims will continue to constrain earnings of Islamic insurers in the GCC, particularly in the largest regional market Saudi Arabia, if insurers do not substantially adjust their premium rates< S&P said in a report. Weak profitability combined with new regulation and higher capital requirements will likely prompt further capital raising and consolidation, notably in Saudi […]
By James M Dorsey In a mirror image of recent polling in the Middle East, a just-published survey of Muslims in Southeast Asia suggests Islam’s central role in people’s daily lives and choices. The survey was published days after former Indonesian minister of social affairs Habib Salim Segaf Al-Jufri was named secretary general of the […]
The post Southeast Asia Mirrors Middle East’s Increasing Religious Fundamentalism first appeared on IPA Newspack.
Arabian Post Staff After a strong first half, Gulf Cooperation Council banks are returning to form. S&P Global Ratings expects that earnings for most GCC banks will reach almost pre-pandemic levels by year-end 2022, amid high oil prices and rising interest rates, supporting their creditworthiness. In the second half, S&P forecasts a more visible strengthening of regional banks’ interest margins and a manageable pick-up in cost of […]
By K Raveendran Crude oil prices have now dipped below the level when Russia’s Ukraine war broke out, which means the market has not only absorbed the shock of disruption in supplies, but the end game is approaching for the oil cartel. The war, however, forced a tectonic change in the oil market dynamics, of […]
The post Oil Prices Below Level Before Ukraine War, But No Solace For Consumers first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 22 September 2022 – eWTP Arabia Capital (eWTPA), a leading Saudi Arabia and China based growth stage venture fund, is decisively advancing in their mission to cooperate with Super Unicorns in the MENA region to help them reach a higher level. Founded in 2019, eWTPA launched its first fund (Fund I) in same year, which is backed by the sovereign wealth fund […]
Matein Khalid Brent crude was grossly overvalued at 124 in June and black gold has come down as supply angst is replaced by the very tangible reality of a China where 7% GDP growth is not going to come back for the rest of the decade. Thus demand destruction in the petroleum products market is inevitable. At $85, Brent is now below its level when the Russian […]
By James M Dorsey The Biden administration is mulling whether to grant Saudi Crown Prince Mohammed bin Salman sovereign immunity in a case related to the 2018 killing of Jamal Khashoggi. The journalist’s fiancé and a non-profit organization he helped found filed the lawsuit in a Washington district court. The court has extended its original […]
The post Biden Seen Likely To Grant Immunity To Saudi Crown Prince first appeared on IPA Newspack.
James M Dorsey The Biden administration is mulling whether to grant Saudi Crown Prince Mohammed bin Salman sovereign immunity in a case related to the 2018 killing of Jamal Khashoggi. The journalist’s fiancé and a non-profit organization he helped found filed the lawsuit in a Washington district court. The court has extended its original August 1 deadline until October 3 for the administration to advise Judge John Bates on […]
