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UAE commends efforts of Saudi Arabia and Oman to achieve peace in Yemen


ABU DHABI, 18th September, 2023 (WAM) — The UAE has welcomed the efforts of the Kingdom of Saudi Ar

In this article, OctaFX experts describe three events investors and traders should be aware of. Learn more about the ongoing food crisis, the state of the European economy in case of energy shortages, and the impact of OPEC decisions on oil prices. KUALA LUMPUR, MALAYSIA – Media OutReach – 18 September 2023 – With the global economy weakening, you may wonder what will impact capital markets in […]

By James M Dorsey Debates about the US commitment to Gulf security are skewed by confusion, miscommunication, and contradictory policies. The skewing has fuelled uncertainty about US policy as well as Gulf attitudes in an evolving multi-polar world and fuelled misconceptions and misunderstandings. The confusion is all the more disconcerting given that the fundamentals of […]

The post Confusion And Uncertainty Shape Debate About United States’ Gulf Policy first appeared on Latest India news, analysis and reports on IPA Newspack.

ABU DHABI, UAE – African Media Agency – 15 September 2023 – EFQM and Abu Dhabi Police officials, held a signing ceremony to announce the forthcoming 2nd Edition of The EFQM Middle East Summit, which will unfold in Abu Dhabi under the auspices of the Abu Dhabi Police on 11th and 12th October 2023 Brigadier Jasim Alharmoodi Deputy Director of Strategy and Institutional Development Center and Russell […]

Agreement signed at the at Belt and Road Summit to promote trade and business between the two regions Middle East delegation showcases market and growth opportunities in the Kingdom and beyond HONG KONG SAR – Media OutReach – 16 September 2023 – Saudi Arabia-China Entrepreneurs Association has signed a Memorandum of Understanding (MoU) with Hong Kong Trade Development Council (“HKTDC”) to promote trade and business between Hong […]

The US dollar, long regarded as the world’s global reserve currency, is facing growing speculation among experts about its long-term decline in dominance. Several key factors contribute to this outlook, raising questions about the future of global finance and investment. There are several reasons why the dollar’s dominance is on the wane. A major concern is the ballooning US national debt. Over the years, the US government […]


Sultan bin Ahmed Al Qasimi honours 10th SGCA winners


SHARJAH, 14th September, 2023 (WAM) — H.H. Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharj
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Sharjah’s DGR leads global dialogues on cross-cultural education, water security challenges at IGCF 2023


SHARJAH, 14th September, 2023 (WAM) — The Department of Government Relations (DGR) in Sharjah broug

Arabian Post Staff Higher interest rates and OPEC oil production cuts will constrain near-term growth prospects for the major Gulf Cooperation Council (GCC) economies, but non-oil growth and, consequently, credit growth in the UAE and Saudi Arabia remain robust, S&P said in the latest report on the GCC banks. Despite a slight deterioration in asset quality indicators and an increase in the cost of risk, it expects […]

By K Raveendran The proposed India, Middle East, Europe economic corridor is expected to go a long way to increase the political clout of Middle East countries, particularly the Gulf countries, which the West has hitherto been looking at mainly as a market for arms as well as the security might of US and allies, […]

The post Modi-Biden’s Economic Corridor Boosts Political Clout Of Middle East Countries first appeared on Latest India news, analysis and reports on IPA Newspack.


‘Diploma Programme for Specialists of Combating Human Trafficking’ inaugurated by Minister of Justice


DUBAI, 12th September, 2023 (WAM) — Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice and

By Anjan Roy Behind all the rhetoric and claims of red lines for negotiations, some underlying geo-political realities had resulted in the consensus at the G20 meet in Delhi held on September 9 and 10. The final document is full of compromises from all sides. It is a success of the middle of the road […]

The post Global South Led By Saudi Arabia, Brazil And South Africa Played Key Role In G20 Summit first appeared on Latest India news, analysis and reports on IPA Newspack.


UAE President confers ‘Zayed the Second Medal’ to Saudi Ambassador


ABU DHABI, 11th September, 2023 (WAM) — President His Highness Sheikh Mohamed bin Zayed Al Nahyan h

K Raveendran Prime minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman Al Saud, who is on a state visit to India, co-chaired the first leaders’ meeting of the Strategic Partnership Council, a bilateral agreement between India and Saudi Arabia signed by the two nations in Riyadh in 2019. They assessed the progress of the two ministerial committees of the Strategic Partnership Council, namely the Political, […]

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, […]

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 […]


UAE to cooperate on India-Middle East-Europe Economic Corridor at G20 Summit in New Delhi


NEW DELHI, 9th September, 2023 (WAM) — The United Arab Emirates will work alongside the Governments
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

By K Raveendran Saudi Arabia and Russia have surprised global oil markets by extending their voluntary production cuts until the end of the year, sending crude prices to 10-month highs, something that was least expected. Saudi Arabia announced it will extend the 1 million bpd voluntary cuts until December 2023. Russia followed suit, making a […]

The post Saudis, Russians Jolt Oil Market With Surprise Extension Of Output Cut Till Year-End first appeared on Latest India news, analysis and reports on IPA Newspack.

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 […]

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