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TAG Heuer Porsche Formula E Team utilizes real-time data collaboration powered by NetApp hybrid cloud solutions to achieve superior performance SINGAPORE – Media OutReach – 14 July 2022 – NetApp® (NASDAQ: NTAP), a global cloud-led, data-centric software company, and TAG Heuer Porsche Formula E1 Team, today announced a multi-year partnership. NetApp will provide the sportscar maker with innovative hybrid cloud solutions that will help them continue to […]

US President Joe Biden on Saturday welcomed Iraqi Prime Minister Mustafa Al-Kadhimi’s initiative to host talks between Saudi Arabia and Iran in Baghdad. His statement came during a press conference

Saudi Arabia’s sovereign wealth fund will become the second-largest shareholder of Aston Martin with a nearly 17 percent stake in a capital raise aimed at paying off debt and shoring up its business,

Arabian Post Staff Expo 2020 has had a positive impact on all markets in the UAE, while the FIFA World Cup Qatar 2022 is expected to result in overspill demand to the key transit hubs in Dubai and Abu Dhabi, Colliers said in its monthly hotel report for MENA. However, rising instability in key CIS source markets is expected to suppress demand, with the largest impacts expected […]

RIYADH: Dean of the Diplomatic Corps and Ambassador of Djibouti to Saudi Arabia Dya-Eddine Said Bamakhrama has congratulated King Salman and Crown Prince Mohammed bin Salman for overseeing this

Matein Khalid My strategy recommendation to my friends was to short Brent crude at or above $120 for the $65 target I got from the world’s pre-eminent oil economist/OPEC watcher Ed Morse. The short Brent idea has been a money gusher now that Brent has plunged 7% in today’s session to 99 as I write. The fall in oil prices was inevitable. King Dollar is at 20 […]

By K Raveendran It was an open secret that the oil companies have been minting money on account of the rising crude prices, although they have been dishing out doctored numbers to show losses. Now that the government has decided to enforce a windfall tax on the companies for the undue profits that have accrued […]

The post Windfall Tax Lets The Cat Out Of The Bag Of Petroleum Companies first appeared on IPA Newspack.

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MINA: As part of its efforts to provide medical care for this year’s pilgrims, the Saudi Ministry of Health is providing dialysis services for kidney patients in Makkah and Madinah. According to the

China’s ambassador to Saudi Arabia has praised the Kingdom for helping businesses from his country expand across the globe. Chen Weiqing made the comments during a visit to the headquarters of eWTP

RIYADH: Health authorities in Saudi Arabia have treated 43,425 pilgrims ahead of this year’s Hajj season, which begins on Wednesday, the Saudi Press Agency reported Monday. The ministry figures,

VIRGINIA WATER, England: Ian Poulter and two other players who signed up for the Saudi-backed LIV Golf series won a stay Monday from a British court that allows them to play in the Scottish Open.

RIYADH: The Saudi Crown Prince has stressed the need to take into account the most needy citizens in the face of international developments which has resulted in a rise in the costs of some basic

By Nantoo Banerjee It is good to see that a host of large Indian business houses and public sector enterprises have rapidly stepped up imports from Russia taking full advantage of hefty price discounts offered by Russian suppliers on a host of goods in the face of multiple trade sanctions from the NATO countries, European […]

The post Top Indian Business Houses, PSUs Push Up Imports From Russia first appeared on IPA Newspack.

RIYADH: Saudi Arabia’s King Salman will issue royal decrees shortly, the Saudi Press Agency said Sunday.

DUBAI: Part-Saudi model Shanina Shaik kicked off wedding season in style by attending the nuptials of fellow Victoria’s Secret model Nadine Leopold and tech entrepreneur Andrew Barclay. The pair tied

By James M Dorsey It’s a good time, almost 12 years after the world soccer body, FIFA, awarded Qatar the 2022 World Cup hosting rights and five months before the tournament, to evaluate the campaign to reform the country’s erstwhile onerous labour system and accommodate fans whose lifestyles violate restrictive laws and/or go against deeply […]

The post World Cup Balance Sheet Presents A Mixed Bag For Qatar first appeared on IPA Newspack.

RIYADH: Saudi Arabia’s new AlNama smart city will be a zero-carbon community, according to the company charged with designing the development. The hospitality hub, located on a 10 sq. km area in

RIYADH: France is intensifying efforts to take advantage of Saudi investment opportunities in all sectors, mostly energy, technology, water and other industrial services, the country’s Ambassador in

By Anjan Roy About a week back, Pakistan’s Finance minister was urging its citizens to consume less tea as the country was scraping the bottom of the barrel to organise even essential imports. Foreign exchange reserves had sunk to cover just a few days imports. Every leaf of tea consumed in the country has to […]

The post Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF first appeared on IPA Newspack.

RIYADH: Saudi Health Minister Fahad Al-Jalajel has launched a “holodoctor” service, in partnership with the Saudi Telecommunications Co., that would allow medical practitioners to treat Hajj pilgrims

RIYADH: US multinational holding company Franklin Templeton could transfer employees from Dubai to a new office in Saudi Arabia, Bloomberg reported, quoting people familiar with the matter. People

RIYADH: The number of small and medium enterprises in Saudi Arabia registered a 15 percent growth to 752,600 in the first quarter of 2022 from 650,550 in the corresponding period last year, revealed

RIYADH: Saudi Arabia’s stock exchange is expected to see 36 new listings by the end of the third quarter of 2022, Asharq reported citing CEO Mohammed Al-Rumaih. Al-Rumaih added that 10 new companies

LONDON: The Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef has held a meeting with mining companies and investors in Britain, the Saudi Press Agency reported. He
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