Nexusguard DDoS Statistical Report Reveals Key Attack Observations and Analysis from the First Half of 2022 SINGAPORE – Media OutReach – 11 October 2022 – In the first half of 2022, the amount of DDoS (distributed denial of service) attacks increased by 75.6% compared to the second half of 2021, according to new Nexusguard research revealed in the company’s DDoS Statistical Report for 1HY 2022. While the […]
Matein Khalid The 20 year highs in King Dollar and 18% rise in its trade weighted index in the past year has rewritten the rules of investing in the international financial markets. King Dollar has wrecked havoc with emerging market currencies and Third World sovereign bonds as any poor unlucky investor in Pakistan, Turkey, Lebanon, Sri Lanka and Egypt government bonds will attest. The World Bank estimates […]
By James M Dorsey Proponents of a moderate Islam that embraces tolerance, diversity, and pluralism may be betting on the wrong horse by supporting Muslim scholars on autocrats’ payroll. Polling in the Middle East seems to confirm that state-sponsored clerics lack credibility. Recent research suggesting that non-violent protest has increasingly become less effective magnifies problems […]
The post Betting On The Wrong Horse: Battle To Define Moderate Islam first appeared on IPA Newspack.
By K Raveendran As the global oil markets digest the news about OPEC+ announcement of a 2 million barrels per day of crude output cut, more details emerging from market analysts should calm Indian nerves a bit as the impact may not be as severe as feared. The Brent price had touched $94 straightaway from […]
The post Sigh Of Relief As OPEC-Plus Cut Unlikely To Reach Declared Levels first appeared on IPA Newspack.
Arabian Post Staff Individuals in the MENA region received $566 billion in cryptocurrency from July 2021 to June 2022, representing a 48% increase over the previous year, according to the 2022 Geography of Cryptocurrency report from blockchain data platform Chainalysis. While the previous edition of the report found that the MENA accounted for 7% of global cryptocurrency transactions, this year, the figure has risen to 9.2%, making […]
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 […]
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 […]
SINGAPORE – Media OutReach – 16 September 2022 – eWTP Arabia Capital (eWTPA), a leading Saudi Arabia and China based growth stage venture fund, is aggressively joining the global private equity (PE) universe. Founded in 2019, eWTPA launched its first fund (Fund I) in same year, which is backed by the sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) and eWTP Capital (Alibaba Group and […]
By James M Dorsey Indonesia’s geopolitical plate is piling up as the archipelago state prepares to host the Group of 20 (G20) summit and associated gatherings in November, including the Religion 20 (R20), a high-level meeting of religious leaders, the first under the G20’s auspices. The challenges and opportunities for Indonesia are multiple and often […]
The post Indonesia As G-20 Chairman Requires A Tightrope Walk first appeared on IPA Newspack.
By Ben Chacko BERLIN: The death of Mikhail Gorbachev on August 30 brought discussion of the collapse of Soviet socialism back to the fore—especially as the neoliberal world order it ushered in is crumbling around us. Just a couple of days before the last leader of the Communist Party of the Soviet Union’s death, I […]
The post “It Is Outrageous That Germany Is Sending Weapons To Ukraine To Continue War” first appeared on IPA Newspack.
Arabian Post Staff Alternative investment firm Investcorp announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, MENA’s largest digital freight network with a leading position across Saudi Arabia, the United Arab Emirates, Egypt and neighbouring countries. Investcorp led the initial close of this round with $51 million investment alongside new and existing investors. This investment is part of the […]
By James M Dorsey With the fate hanging in the balance of the 2015 international agreement that curbed Iran’s nuclear program, prospects for greater security and stability in the Middle East are meagre with or without a deal. Undoubtedly, the region will be better off with a revival of the accord from which the United […]
The post Gulf Security In Peril, With Or Without Nuclear Deal With Iran first appeared on IPA Newspack.
Do you know much about the thriving city Dammam in Saudi Arabia? If you are heading there on business or are thinking about making it part of your Saudi Arabian itinerary, you could be richly rewarded. As the hub of the Saudi oil industry, Dammam welcomes many business travellers each year. However, a growing number of leisure travellers are discovering Dammam along with other Saudi Arabia destinations. […]
By James M Dorsey Qatar’s 2022 World Cup promises to benefit not only itself but also to provide an unintended economic, political, and religious soft power boon for its foremost rival in the region, the United Arab Emirates. The UAE, alongside Saudi Arabia, leads a pack of Gulf states eager to capitalize on the expectation […]
The post Qatar World Cup Opens A New World For Gulf Arab Neighbours first appeared on IPA Newspack.
By James M Dorsey A potential revival of the Iran nuclear accord is likely to test the sustainability of Middle Eastern efforts to dial down tensions and manage differences by improving diplomatic relations and fostering economic cooperation. In the latest fence mending, two Gulf states, Kuwait and the United Arab Emirates announced their ambassadors’ return […]
The post Revival Of Iran Nuclear Deal To Test Middle East Détente first appeared on IPA Newspack.
By C.J. Atkins BERLIN: “It’s going to be a choice many of us will have to face when winter comes: freeze or starve.” So says Günter Pohl, a glassworker from the the town of Sprockhövel in Germany’s industrial Ruhr region. “The sanctions are supposedly targeting Russia, but they’re hitting us a lot more than they […]
The post Sanctioning Russia Leaves Germans A Bitter Choice This Winter first appeared on IPA Newspack.
