Saudi

By Annie Domini In hindsight, the New Delhi summit of G20 countries under India’s presidency, from September 8 to 10, could be seen as a one-size-fit-all type of clothing, which wrapped around deep differences of rival geopolitical blocs, primarily led by the United States on the one hand, and China-Russia on the other. India is […]

The post India’s G20 Summit Was A Big Success For Modi’s Electoral Prospects first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Xi Jinping’s absence from the recent Group of 20 summit may have been a deliberate move to prevent India from taking the spotlight. However, Prime Minister Narendra Modi, along with the United States and Europe, managed to find more effective ways to challenge China’s influence on the global stage as the G-20 […]

The post G-20 Summit’s Success Has Catapulted India As A Reliable Leader Of Global South first appeared on Latest India news, analysis and reports on IPA Newspack.

By James M Dorsey An unexpected twist in the run-up to next year’s Indonesian presidential election puts Centrist Democratic International (CDI), the world’s largest alliance of conservative political parties, and Nahdlatul Ulama, the world’s largest and most moderate Muslim civil society movement, in a bind. In a surprise move, Muhaimin Iskander, leader of the National […]

The post Indonesian Presidential Election Produces An Unexpected Twist first appeared on Latest India news, analysis and reports on IPA Newspack.

K Raveendran Xi Jinping’s loss is Joe Biden’s and Narendra Modi’s gain. The Chinese president’s absence at the Delhi G20 summit under the presidency of India was used by both to mount a serious challenge to Xi’s favourite Belt and Road initiative by creating a South Asia-Middle East-Europe economic corridor. Modi announced the summit decision to establish a comprehensive rail and shipping connectivity network linking US, India, […]

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Congress leader Shashi Tharoor on Saturday praised India’s G20 Sherpa Amitabh Kant for “negotiations” with China and Russia to reach consensus on a joint communique from G20 leaders on the bloc’s stance on Ukraine war. Taking to his official X (formerly known as Twitter) account, the Lok Sabha MP from Kerala said that it is […]

The post Tharoor praises G20 Sherpa’s negotiation with Russia, China first appeared on Latest India news, analysis and reports on IPA Newspack.

Arabian Post Staff AFAQ and BUNA systems have helped improve payments in the GCC region, Khaled Al Basias, Director Financial Sector Development, Saudi Central Bank, stressed while speaking at the Global Fintech Fest 2023. AFAQ system was created in 2020 to link all the GCC countries’ RTGS payments and central banks for foreign exchange transactions. Over 50 financial institutions are now part of it. The BUNA system […]

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Creta

Creta

Screenshot of Creta Multiverse Dayroot

Screenshot of Creta Multiverse Dayroot

Screenshot of actual Creta Multiverse FPS game play

Screenshot of actual Creta Multiverse FPS game play

DUBAI, UAE, September 7, 2023/EINPresswire.com/ — The Next World Forum, a gaming event held in Riyadh on August 30th and 31st, gathered influential figures from the global gaming and esports industry. Organized by the Saudi Esports Federation, it served as a platform for industry discussions, emphasizing the esports economy’s rapid growth and the presence of key industry players.

The Next World Forum (NWF) not only provides an innovative opportunity to accelerate sector growth through investment and collaboration but also serves as a platform for intellectual exchange, discourse, and discussions to design the future and highlight potential. NWF serves as a meeting point for gaming and esports stakeholders to collaborate and share knowledge. It covers themes such as the esports economy, AI development, and the world’s fastest-growing games.

Prominent figures from global gaming companies, including Epic Games, Ubisoft, Roblox, Bandai Namco, Tencent, and Atari, participated in the event, alongside H.R.H Prince Faisal bin Bandar Al Saud, Chairman of Board of Directors of Saudi Esports Federation. Alexander Harutyunyan, Co-Founder and Chief Publishing Officer at Creta, also joined as a speaker, introducing Creta, a high-performance public blockchain Web3-based multiverse platform, which received significant interest from the audience. Creta’s presentation at the global event, NWF, signifies its entrance into the Middle Eastern gaming market and reflects its commitment to making strides in this region.

Creta, headquartered in Dubai, UAE, is a Web3-based metaverse gaming platform company. It comprises developers, publishers, and blockchain experts renowned in the global gaming industry. Notable figures include producer Ray Nakazato, Alexander Harutyunyan (former CEO of European game publisher INNOVA), and Seok-ho Yoon, CEO of CCR, known for developing Korea’s National Game Fortress. Yoshiki Okamoto, known for games like Street Fighter 2 and Monster Strike, is a key partner in the project, making Creta a contender in the competitive Web3 metaverse platform ecosystem.

With such prominent individuals involved, Creta is expected to lead the way in creating the most competitive Web3 metaverse platform ecosystem.

Creta’s platform development is led by Diverse, a Korean company with strong expertise in high-performance game engine technology and outstanding graphic capabilities. The Web3-based platform utilizes the high-performance public blockchain, Locus Chain, to create a massive multiverse that differs from existing metaverses. This multiverse is capable of combining and expanding numerous metaverses while maintaining photorealistic visual quality.

Creta offers four main components in its comprehensive Web3 platform service: Creta Multiverse (an endlessly expandable multiverse), Creta Game Platform (servicing Web2 and Web3 games), Creta Studio (enabling high-quality game and content creation), and Creta SuperClub (a Web3 community platform connecting the entire Creta platform).

The ability to provide such an extensive Web3 platform service is largely attributed to the use of Locus GameChain, which dramatically reduces server costs and addresses scalability issues through the utilization of the high-performance Locus Chain blockchain.

Alexander Harutyunyan, Co-Founder the Chief Publishing Officer of Creta, expressed his aspirations by stating, “During this event, we saw how interested the government is and how big the gaming and metaverse scene is in the Middle East. With Creta, we’re looking to show what the future holds for Web3 metaverse platforms and create a whole new gaming market in the Middle East.”

Creta is currently preparing for the early access service of SuperClub, a Web3 community platform, scheduled for October. Additionally, they plan to conduct a Closed Beta Test (CBT) of their first metaverse world by the end of the year.

For more information on Creta, see below:
Global Website: https://CRETA.world/
Official Japanese Website: https://creta.co.jp
Twitter: https://twitter.com/CRETA_WORLD

David Wang
Creta
+90 5365506816
email us here

Riyadh: stc Group announced it has acquired a 9.9% interest in Telefónica S.A., one of the largest telecommunications companies in the world with significant presence in Spain, Germany, the UK, and Brazil, for a total consideration of SAR 8.5 billion (EUR 2.1 billion). This acquisition represents another milestone in stc Group’s expansion and growth strategy, and reflects stc Group’s confidence in Telefónica’s sustainable growth and upside potential. Telefónica […]

Matein Khalid Three generations of Gulf Arabs have been enraptured with German luxury auto brands like Mercedes, BMW, Porsche and Audi. But please, please, do not fall in love with German homes or CRE as the Fatherland faces the mother/mutti of all property meltdowns. New construction starts have plunged a ghastly 50% in H1 2023. Hundreds of property developers, squeezed by the sharp spike in borrowing costs, […]

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By Anjan Roy The strong GDP growth in the first quarter of the current fiscal year is a hopeful augury, though there are some intriguing aspects in the detailed figures as well. The quarterly growth has hit 7.8% which in itself is remarkable for a large economy. At the same time, one swallow does not […]

The post India’s High GDP Figures In First Quarter Sending Some Positive Signals first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik At the Johannesburg summit of the BRICS countries, it was decided to expand the group beyond its original five, namely, Brazil, Russia, India, China and South Africa, to include six more countries. These are: Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the United Arab Emirates. These six it appears were chosen out […]

The post In The Expanded BRICS Grouping, There Are Three Distinct Kinds Of Countries first appeared on Latest India news, analysis and reports on IPA Newspack.

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By K Raveendran West Bengal chief minister and TMC supremo Mamata Banerjee may not have missed the mark when she predicted the other day that the Modi government might advance the next Lok Sabha elections. She even hinted at December this year. But for the China map issue, which is forcing itself into the national […]

The post State Of Global Oil Market Eminently Suited For An Early Indian Election first appeared on Latest India news, analysis and reports on IPA Newspack.

A recent report by Lottalytics Research, titled “VA Lottery Market Analysis 2021-2031”, has highlighted the significant growth and potential of the VA Lottery.

RICHMOND, VIRGINIA, UNITED STATES OF AMERICA, August 30, 2023/EINPresswire.com/ — The latest report by Lottalytics Market Research, titled “VA Lottery Market Analysis 2021-2031”, has highlighted the significant growth and potential of the VA Lottery. The report provides a comprehensive analysis of the market, including current trends, growth drivers, va lottery results, and future projections. As of 2021, the VA Lottery market was valued at $300.60 billion and is projected to reach $430.4 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031.

The lottery has been a part of human culture for centuries. In Virginia, residents participate in the lottery for various reasons, including the thrill of the challenge, the potential financial rewards, and the sheer enjoyment of the game. The primary motivations for purchasing lottery tickets in the state include the aspiration to win big, feeling lucky, curiosity, and the entertainment value of the game.

A significant driver for the VA Lottery’s growth is the increasing accessibility of the internet and the widespread use of devices such as tablets, laptops, and smartphones. The digital transformation has made online lottery systems more dominant, with the demand for mobile-based lottery experiences on the rise.

However, the lottery market faces challenges in the form of stringent regulations in various regions. While the VA Lottery enjoys popularity, it’s essential to note that many countries have strict lottery rules or have banned them altogether. For instance, in countries like Iran, Saudi Arabia, and Qatar, lotteries are prohibited. Even within countries, the legality of lotteries can vary by state or region. High taxes on lottery prizes and tickets in some areas can also hinder market growth.

In terms of lottery types, the lotto segment dominated the market in 2021, holding a significant share. However, scratch-off instant games are expected to witness the fastest growth, with a projected CAGR of 4.3% during the forecast period.

On the application front, offline lottery stores held the majority market share in 2021. However, the online lottery segment is predicted to experience the highest growth rate, with a CAGR of 5.6% during the forecast period.

The report also profiles key players in the VA Lottery market, including INTRALOT, MDJS, Camelot Group, Florida Lottery, Francaise des Jeux, Mizuho Bank Ltd., Loterías y Apuestas del Estado, Hong Kong Jockey Club, Singapore Pools, and California Lottery.

Key Takeaways from the Study:

The lotto segment held the majority market share in 2021, with scratch-off instant games expected to be the fastest-growing segment.
Online lottery platforms are predicted to show rapid growth, driven by the increasing use of smartphones and internet accessibility.
The Asia-Pacific region dominated the global lottery market in 2021, with North America, particularly Virginia, showing promising growth potential.
Why This Report is Crucial:

Gain insights into mergers and acquisitions to strategize business moves.
Identify potential partners and clients.
Enhance presentations with reliable data and analysis.
Understand competitors’ strategies and R&D initiatives.
Discover new market opportunities and trends.
The VA Lottery continues to be a significant player in the global lottery market, offering residents exciting opportunities and contributing to the state’s economy.

Tim Szabo
Lottayltics Market Research
+1 757-610-9773
email us here

… Canadian company based in Dubai called MTFE has been accused … indices, commodities, stocks and crypto markets. MTFE is essentially not … Cumilla, a resident of Dubai, in the incident.
Many … Bangladeshis working in countries like Dubai, Oman, Qatar, and Saudi …
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By James M Dorsey Saudi Arabia’s stunning sports acquisition blitz, alongside Qatari and Emirati European club purchases, may reshape the beautiful game, just not in ways Crown Prince Mohammed bin Salman and other Gulf rulers like Qatari Emir Tamim bin Hamad Al Thani envisioned. The Gulf’s impact on European and world soccer could be determined […]

The post A Global Challenge Emerging To Shifting Of Global Sports Capital To Arabian Sands first appeared on Latest India news, analysis and reports on IPA Newspack.

By Annie Domini Since its inception in 2009 as BRIC, the Brazil-Russia-India-China coalition which went on to include South Africa in 2010 to become BRICS, has been about inclusion and assertion of the Global South in international affairs. This Asia-Africa-Latin America spanning bloc has transformed from a fair economics-driven entity to now a veritable giant […]

The post Birth Of A New Multipolar World Order With The Emergence Of BRICS 11 first appeared on Latest India news, analysis and reports on IPA Newspack.

The United Arab Emirates (UAE), particularly Dubai, has emerged as a prominent hub for e-commerce, offering numerous opportunities for entrepreneurs looking to start a low-cost business. One crucial aspect that plays a significant role in establishing an e-commerce venture is obtaining an e-commerce license explicitly designed for this purpose. These licenses provide entrepreneurs with the legal authorization to sell their products through dedicated websites or popular platforms […]

Arabian Post Dubai International (DXB) celebrates a significant milestone in its recovery with passenger traffic for the first half of the year surpassing 2019 levels. The world’s busiest international hub welcomed 41.6 million guests in H1, just over 100%, compared to the traffic recorded during the first six months of 2019. DXB registered a robust performance throughout the second quarter, during which passenger traffic surged by 42.7% […]

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36% of Japan’s 14 million youth 18 years and under are gamers

There is an opportunity for non-Japanese gaming companies to expand and increase their presence in Japan, as the country’s youth gamers is a potential market on its own”

— Lisa Hanson

SILICON VALLEY, CA, USA, August 21, 2023/EINPresswire.com/ — Niko Partners, the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa, today announced the results of its latest findings on Japan’s youth gamers. Insights from the research show that 46% of Japanese gamers aged 16-18 and 67% of parents of Japanese youth aged 6-18 believe that it is parents who should be in charge of supervising children’s gaming time, not government. As gaming is considered a national pastime in the country, where gaming has a rich history, most Japanese parents in our survey have a favorable view towards gaming.

“Our report looks closely at the gaming behavior of Japan’s youth and the parental opinions about playing all types of video games,” said Lisa Hanson, CEO and founder of Niko Partners. “We found that foreign game titles, esports, and game livestreaming are much more popular among Japan youth than among older gamers, who historically have gravitated to domestic IP. There is an opportunity for non-Japanese gaming companies to expand and increase their presence in Japan, as the country’s youth gamers is a potential market on its own.”

Key takeaways from this report include:
• Most youth gamers play on console (72%) followed by mobile (64%) and then PC (15%). Parents favor consoles due to increased visibility and control over gaming content compared to other platforms.

• Youth gamers play an average of 8 hours per week on mobile, compared to 6.5 hours on PC and console.

• Japanese youth are more receptive than adult gamers to foreign game titles, esports, game livestreaming, and VTubers. Nearly 46% of Japanese youth are drawn into esports and competitive games, compared to 12% of overall Japanese gamers.

• Premium games still play a large role in Japan, primarily due to the popularity of consoles, and are the most popular individual purchase made by youth gamers.

• Parents of Japanese youth are generally accepting of video games as a means of entertainment and are more likely to be gamers themselves.

• The majority of both parents and youth in general believe that control over children’s game time should be managed by each family, rather than by the government or game companies, with 70% of parents and 46% of youth agreeing with this.

Niko Partners surveyed more than 300 parents of youth gamers aged 6-18 and more than 90 gamers aged 16-18 for this report. We also conducted interviews with parents, teachers, and industry experts while complementing our research and analysis with publicly disclosed data of related institutions and insights from other Niko’s reports and services. The Japan Youth Gamers Report offers recommendations for companies looking to tap into the Japan youth gamers market. Contact us for more information on our methodology for our ongoing market intelligence services and reports.

For more information, check out the 60-pages report
https://nikopartners.com/japan-youth-gamers/

ABOUT NIKO PARTNERS
Niko Partners is the world’s leading market research firm covering video games and esports in Asia, the Middle East, and North Africa. Leveraging unmatched local expertise with a global perspective, Niko Partners delivers the most in-depth market intelligence on the world’s fastest-growing regions. With our deeper understanding of these markets, game developers, publishers, investors, and suppliers can make smarter business decisions with the utmost confidence. Our detailed reports, subscription insights, and custom consulting services dig into the details of nuanced, complex markets, empowering firms with a stake in the video game and esports ecosystems to make the right moves for their organizations. Coverage areas include East Asia (Japan, S. Korea, Chinese Taipei), China, Southeast Asia (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam), India, and MENA (Saudi Arabia, UAE, and Egypt in North Africa). The company is based in Silicon Valley, with offices in Shanghai, Bangkok, Jakarta, and London. Learn more at www.nikopartners.com

Lisa Hanson
Niko Partners, Inc.
+1 415-269-7303
email us here
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