Matein Khalid If ever there was a year to make money in Big Tech, 2023 was it. My three big strategic calls all outperformed my expectations. Google rose from 85 to 142, Nvidia rose from 150 to 492 and Microsoft rose from 295 to 374. 2024 could well see several emerging markets beat the S&P 500’s stellar 26% rise this year, though the real fairytale has been […]
By Girish Linganna India and the UAE recently completed their first transaction in rupees for crude oil from the Emirates. A major shift in how global trade is conducted, typically done in dollars, this step is a significant boost to the growing trade between India and the UAE, which is likely to surpass the $100 […]
The post India-UAE Embrace The Rupee In Oil Transactions first appeared on Latest India news, analysis and reports on IPA Newspack.
DUBAI, UAE – Media OutReach Newswire – 26 December 2023 – The Best Places to Work organization announced today the top 30 Best Places to Work in Middle East for 2023. Topping this year’s ranking was BSH, the leading manufacturer of home appliances followed by AstraZeneca and McDonald’s. The certification recognizes employer excellence by evaluating the quality of the people practices and the employee experience around 8 […]
By Nantoo Banerjee China’s Xi Jinping, running the third five-year term as the all-powerful President of the People’s Republic, is 70. Vladimir Putin, aspiring to become Russia’s President for a fifth six-year term next year, is 71. The National People’s Congress chose Xi’s appointment without any opposition. The vote for Xi was 2,952 to 0. […]
The post Joe Biden’s US-Led Wargames Is Shaping A Russia-China Axis first appeared on Latest India news, analysis and reports on IPA Newspack.
The Indian Navy’s explosive ordnance disposal team on Monday carried out a detailed inspection of merchant vessel MV Chem Pluto on its arrival at Mumbai harbour, two days after the ship was hit by a drone off India’s west coast in the Arabian Sea when it was on its way to New Mangalore port. In […]
The post Navy deploys 3 warships to counter Arabian Sea attacks first appeared on Latest India news, analysis and reports on IPA Newspack.
By Girish Linganna A coalition of 10 countries, with the United States at the helm, will struggle to prevent Yemen’s Houthi rebels from targeting ships in the Red Sea. That is not to say that both parties don’t have a shared interest in avoiding an escalation that could potentially spiral out of control. The Houthis […]
The post Red Sea Risks: Houthi Strikes Impact Global Shipping Costs first appeared on Latest India news, analysis and reports on IPA Newspack.
Italian Prime Minister Giorgia Meloni has sparked a controversy by addressing what she sees as a compatibility issue between Islam and Europe. Speaking at her right-wing party’s event, the firebrand Italian leader touched upon the issue of Saudi-backed Islamic cultural centres in Italy. “I believe there is a problem of compatibility between Islamic culture or […]
The post Italian PM sparks row with remarks on Islam first appeared on Latest India news, analysis and reports on IPA Newspack.
By Girish Linganna Yemen’s Houthi rebels have carried out hijackings, missile strikes, and drone attacks on ships, leading Danish shipping and logistics company AP Moller-Maersk and German shipping and container transportation firm Hapag-Lloyd to temporarily suspend shipments via the Red Sea. The announcements made on Friday by AP Moller-Maersk and Hapag-Lloyd indicate that large companies […]
The post Yemen’s Houthi Rebels Attack On Ships Poses Threat To Trade Through Red Sea first appeared on Latest India news, analysis and reports on IPA Newspack.
Restrict China’s penetration into Pakistan to only economic corridor, and don’t provide any access to Beijing in security set-up, the US has clearly instructed Pakistan’s Chief of Army Staff (COAS) General Syed Asim Munir during his ongoing visit to Washington. The move is being seen as stopping Chinese security outposts in Pakistan, according to top […]
The post US warns Pakistan during army chief’s visit first appeared on Latest India news, analysis and reports on IPA Newspack.
By James M Dorsey Israel wasn’t slamming the door on renewed indirect prisoner swap negotiations with Hamas when it this week barred David Barnea, the head of Mossad, the country’s foreign intelligence agency, from travelling to Qatar to explore possibilities for renewed exchanges. Instead, it was manoeuvring for greater leverage in potential talks and expressing […]
The post Hamas Manoeuvring Complicates Efforts To Secure Prisoner Swaps With Israel first appeared on Latest India news, analysis and reports on IPA Newspack.
Samsung Electronics MENA, in partnership with the United Nations Development Programme (UNDP), has announced a regional hackathon to support efforts to tackle climate change and advance sustainable development. The ACT28 AI for Climate Hackathon aims to leverage Artificial Intelligence (AI), Machine Learning (ML), mobile technologies and other frontier technologies to create innovative solutions for climate change challenges. The announcement was made during a joint high-level fireside chat […]
By K Raveendran It is no surprise that COP28 Dubai has proceeded the way it has. As member countries grappled with how to formalise and approach towards the most sensitive issue of fossil fuels, the climate summit had to be extended to try and work out a consensus. According to latest reports emerging the vibrant […]
The post COP28 May Have Avoided A Showdown, But Conflict Points Remain Largely Unresolved first appeared on Latest India news, analysis and reports on IPA Newspack.
FIFA Club World Cup Saudi Arabia 2023™ collection drop on FIFA+ Collect Drop marks new collaboration as Modex takes strategic management of FIFA+ Collect. New collectibles to launch on platform during tournament, rarest collectibles offer unique ticketing opportunities. Additional launches to be made available through Polygon network on the OpenSea platform. GENEVA, SWITZERLAND – Media OutReach Newswire – 12 December 2023 – FIFA+ Collect is launching a […]
James M Dorsey The United Arab Emirates walks a geopolitical tightrope, juggling big power rivalries and mounting regional instability fuelled by the Gaza war. Putin’s movements beyond the confines of Russia are restricted. Signatories of the Rome Statute that established the International Criminal Court are obliged to arrest Putin against whom the court has issued a Ukraine-related international arrest warrant. Visiting the UAE and Saudi Arabia was a […]
HONG KONG SAR – Media OutReach – 8 December 2023 – Hong Kong-based WOW Technology Holding Group Company Limited (“WOW Technology” or the “Group”) is pleased to announce it has become a member of the Guangdong-Hong Kong-Macao Supercomputing Interconnection Overseas Network. Along with the accelerated technological innovation and strategic industry development in the Greater Bay Area, to further promote computing power integration into the grid, the Group […]
Matein Khalid Brent crude has fallen to $78 in Asia while WTI is $74 even though the Israel/Hamas war has resumed in Gaza. The bear market in oil has seen 6-weeks of relentless selling in the futures markets and even the latest OPEC+ ministerial meeting failed to convince traders that an additional 900,000 barrel of promised output cuts will offset the tsunami of supply and weak diesel, gasoline and […]
Exxon Mobil Corp. and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations. The deal is controversial given none of the companies are agreeing to reduce oil and gas production. But they […]
The post COP28 Climate Summit 2023: Exxon, Aramco Lead Emissions Cut Pledge first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]
The post India Needs A Strong Resolution To Protect Its Currency first appeared on Latest India news, analysis and reports on IPA Newspack.
By Dr. Gyan Pathak A two-volume new ILO research has revealed that participation of India in Global Value Chains (GVCs) has resulted into social downgrading of the workforce, chiefly due to non-integration of labour standards into trade and investment. It is just opposite our expectation, since GVCs are a prominent feature of international trade, which […]
The post New ILO Research Found Social Downgrading Of Workforce In India first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran Oil markets are eagerly awaiting the outcome at the forthcoming OPEC+ meeting this week, after internal troubles forced a postponement of the meeting originally scheduled for November 26. The meeting assumes great significance both for producing as well as importing countries, especially amidst assessments that a new agreement to cut production is […]
The post All Eyes On OPEC Meeting As Cartel Struggles To Continue Voluntary Supply Cuts first appeared on Latest India news, analysis and reports on IPA Newspack.
By M. A. Hossain In the catastrophic context of Hamas-Israel conflict, China had stepped forward to mediate between the parties. Chinese Foreign Minister, Wang Yi, discussed the conflict situation with officials in Washington, perceiving the fear of a wider regional war. The US counterpart has assured full support for working with China to find a […]
The post Exploring China’s Role In Facilitating A Truce In Israel-Hamas Conflict first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Integrated healthcare provider Aster announced its board has approved the separation of Aster’s India and GCC businesses, subject to regulatory and corporate approvals including Aster India’s shareholders’ approval. The separation plan will unlock value for the shareholders by allowing both the India and GCC businesses to adopt a market-focused strategy and create sustained long-term growth. Under the separation plan, a consortium led by Fajr […]
By Nantoo Banerjee The announcement of a prisoner swap deal between warring Hamas and Israel mediated by Qatar and Egypt and agreed by Israel, Hamas and the United States may have led to a temporary armistice in the region and selective exchange of captives from both the sides , the issue of a viable state […]
The post A Viable Palestinian State Under Present Conditions Looks Difficult first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nitya Chakraborty The Israeli-Hamas war entered its 43rd day on Saturday as the battle has turned by now one sided with Israeli defence forces going all out in bombing the Gaza strip including the civilian areas and the hospitals in the name of eliminating the Hamas militants who launched the ‘terror’ attack on Israelis […]
The post Israeli Genocide Is On In Gaza Strip As Super Powers Play Geopolitical Games first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Key global indicators used by the World Bank (WB) to rank the governance of countries are based on subjective opinions by expert institutions which don’t know the context of member countries, Chief Economic Advisor (CEA) V Nageswaran has said. Speaking at a seminar on Multilateral Institutions for the 21st Century by think tank […]
The post World Bank Global Indicators Are Subjective, Says CEA first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in guest numbers in the final quarter, Dubai Airports is forecasting annual passenger traffic at Dubai International (DXB) to reach 86.8 million – surpassing 2019 traffic. DXB commenced the second half of 2023 with its growth story continuing unabated, with average monthly traffic reaching 7.6 million, […]
By Girish Linganna In a significant development toward easing the ongoing conflict in Gaza, a meeting took place on Thursday at an elegant white-domed palace in Qatar. The Prime Minister of Qatar, Mohammed bin Abdulrahman bin Jassim al-Thani, hosted the spy chiefs of the United States and Israel, namely CIA Director William J. Burns and […]
The post Qatar Is Playing A Key Role In Facilitating The Release Of Hostages first appeared on Latest India news, analysis and reports on IPA Newspack.
State-owned Hindustan Petroleum Corporation Ltd reported a consolidated net profit of Rs 5,826.96 crore in the quarter ended September, against a loss of Rs 2,475.69 crore in the same quarter last financial year. Improved marketing margins on the back of discounted Russian Urals and inventory gains even as the oil marketing companies (OMCs) kept the […]
The post HPCL Q2 Net At Rs 5,827 Crore On Strong Marketing Margins first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: After a delay of several months, India and the Gulf Co-operation Council (GCC) have begun discussing the contours of a free trade agreement, which may not include a bilateral investment treaty. Through the agreement, India will be eyeing a large and affluent market for its goods and also concessions on visas in a […]
The post India Works On Free Trade Deal With Gulf Countries first appeared on Latest India news, analysis and reports on IPA Newspack.
By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up to the plate. The significance of […]
The post Israel In Gaza: Only Limited Options Available When The Guns Fall Silent first appeared on Latest India news, analysis and reports on IPA Newspack.
