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Emirates Group records AED 4.1 billion half-year profit // Hong Kong mandates crypto transaction disclosures to tax authorities // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // ADIA and partners establish $1.4 billion aviation venture // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // Cloudflare unveils Zero Wire vulnerability intelligence service // Democrats capture Senate majority with seven Republican seats // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // SC to examine students’ exam plea today // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Middle East governments assess Iran war after US vote // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // Vance attributes Republican midterm defeats to Iran conflict // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Utilities pursue ₹1,992 cr in unpaid bills // Pinarayi faults UDF over mounting road crashes // Cyberport Venture & Capital Forum 2026 Grand Opening // APT29-linked campaign exploits outdated Apple and Android software // DIP Holding targets Dh1.12 IPO price and $529m proceeds //

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SINGAPORE – Media OutReach – 17 June 2020 – In times of crisis, online businesses need to scale to survive. The most promising region in the world for business expansion is Asia. Which online industries are booming right now? How do you expand into a fragmented region with cultural differences and complex payment behaviour? The experts will discuss these, and other topics at the FREE Gate2Asia webinar on July 2. […]

– Asian Investors To Reap Returns on 2 Exits   SINGAPORE – Media OutReach – 17 June 2020 – The Walton Group of Companies (“Walton”) continues to implement its strategy of accelerating exit activity for the benefit of its investors, and investors are now seeing the results. Walton’s strategy allows a homebuilder to acquire land in phases with the bulk of land payments deferred to the timing of home […]

Revenue increases 12.6% to RMB1.84 Billion   Gradual Results Delivered From Operational Reforms Optimises Sales Channel Mix Results Highlights (RMB million） For the twelve months ended 31 March 2020 2019 Change Revenue 1,841 1,635 +12.6% Gross profit (before provision for/reversal of impairment losses of inventories) 1,138 914 +24.5% Gross profit margin (before provision for/reversal of impairment losses of inventories) 61.8% 55.9% +5.9pts Operating profit 484 584 -17.1% Operating […]

For two years, the agency has worked to pivot from traditional branding and design agency to creative consultancy and venture studio to make the push for Asian companies. Team believes that coronavirus levelled the global playing field and the opportunity is now for Asian lifestyle brands to take the global spotlight. Since 2012, Constant has helped modernise and launch over 40 brands in the region including New […]

SINGAPORE – Media OutReach – 12 June 2020 – As digital transformation become the imperative for businesses in the face of the Covid-19 pandemic, 58% of employers in Singapore are training their workforce in technology-related skills to keep their businesses viable and resilient during this period. This is one of the key findings in the recent NTUC LearningHub’s Employer Skills Survey report. The survey, which was conducted during the […]

DP World, with a global network of 123 business units in 54 countries, has announced the completion of its acquisition of a 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine. This follows satisfaction of specific conditions including confirmation of regulatory approval from the relevant government authorities. This project will be DP World’s second partnership with TIS shareholders, the first being our very successful […]

The complimentary online event aims to bring together the local seller community and empower them to develop strategies and skills to expand their businesses and reach more customers locally and globally   SINGAPORE – Media OutReach – June 11, 2020 – (NASDAQ:AMZN) – Amazon will be hosting its first summit for small and medium businesses (SMBs) in Singapore, Amazon Singapore Online Seller Summit 2020, on June 19, 2020, 9am […]

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Development programme creates opportunities in a volatile economy   HONG KONG, CHINA – Media OutReach – 10 June 2020 – Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC), has returned for its third edition. The pitching contest under the programme successfully concluded today as a judging panel selected exceptional start-ups to participate in local and international activities to build connections, explore markets, […]

SINGAPORE – Media OutReach – 10 June 2020 – Awfully Chocolate continues to uplift national morale as it prepares for a new wave of orders coinciding with Father’s Day in Singapore. This comes at a time when COVID-19 measures gradually ease, allowing food and beverage establishments to slowly bring life back to their physical stores. Despite having 14 stores across the country, Awfully Chocolate’s strong e-commerce presence will play a […]

HONG KONG, CHINA – Media OutReach – 10 June 2020 – Black Spade Capital Limited (“Black Spade Capital“), a family office managing the private investments of Mr. Lawrence Ho, Chairman and Chief Executive of Melco International Development Limited, has announced it has invested and held shares in My Platform, a medical IT services platform.   Founded in Hong Kong as a start-up, My Platform was launched as a brand-new medical management […]

Arabian Post Staff Group 42 (G42), a leading AI and Cloud Computing company based in the United Arab Emirates, and Oxford Nanopore Technologies, an advanced sequencing technology company based in the United Kingdom, announced today they have developed an unprecedented population-scale technology that rapidly and accurately detects SARS-CoV-2, the virus that causes Covid-19. The end-to-end solution will be officially launched within weeks. With ultra-high parallel processing capacity, […]

Arrow Open Lab to offer free engineering consultations to help develop 5G-ready and AI-powered edge devices   HONG KONG, CHINA – Media OutReach – 9 June 2020 – Global technology-solutions provider Arrow Electronics, Inc. today announced it will offer free consultations to local technology startups and the innovation community at its Arrow Open Lab located at Hong Kong Science Park.  The initiative is part of Arrow’s commitment to supporting technology enterprises, […]

Infor recognized for completeness of vision and ability to execute   BEIJING, CHINA – Media OutReach – 9 June 2020 – Infor, a global leader in business cloud software specialized by industry, today announced that Gartner Inc. has positioned Infor as a Leader, for the second consecutive time, in its Magic Quadrant for Warehouse Management Systems (WMS). Infor was positioned in the Leaders quadrant for its ability to execute and its completeness […]

HONG KONG, CHINA – Media OutReach – 8 June 2020 – Today, AsiaPac Net Media Limited and AdTech Innovation Limited — agencies under AsiaPac Group leading Asia’s digital marketing with self-developed AI tools and big data — received Criteo Partner status in APAC covering Hong Kong, China, Taiwan, Thailand, Singapore and Malaysia markets. Criteo Partners is a global partnership program launched by Criteo, the global technology company powering the […]

by James M. Dorsey  Rejiggering security arrangements in the Gulf may be a more pressing issue than meets the eye. That is not good news for the Gulf states. It is also bad news for China, which could see the rug pulled out from under its studious effort to remain on the sidelines of the Middle East’s myriad conflicts. China and the Gulf states are in the same […]

The internet puts at your disposal various marketing tools. Thanks to the internet, it has never been easier to promote a business and a product. However, not every promotional strategy will work for your business. Certainly, the most effective way to keep in touch with your clients are social media platforms. Having an active profile on social media platforms is a must in the nowadays business world. […]

Arabian Post Staff While the new low oil prices will test Saudi fiscal balances, they have the lowest cost barrels and with low debt can pull on sovereign reserves and take the pain, according to Chris Midgley, head of global analytics, S&P Global Platts. Crude fell sharply on Friday to test $45/bbl on the back of the failed talks and we now expect if to fall sharply as […]

The sight of a Roulette wheel is something that pretty much all gamblers cannot help but get at least a little excited by. Sometimes when gambling you want to flex your tactical muscles, like in a heated game of Poker, for example, but other times you simply want to throw a ball around a wheel and watch it spin… For these times Roulette is undeniably the best […]

Arabian Post Staff  Ducab is consolidating its metal operations into a new subsidiary -DMB, a dedicated business unit within the Ducab Group of companies supplying “Made in UAE” copper and aluminium solutions. Ducab Aluminium Company (DAC) and Ducab Copper Rod Plant, which have over 160 employees between them, are included under the DMB umbrella. Today, DMB exports 75% of its production to more than 35 countries in the wider Middle East, Africa, […]

Arabian Post Staff DP World has decided to delist its shares from Nasdaq Dubai citing better operational efficiency as a private entity. Accordingly, DP World’s  parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. The company said the move will enable DP World to focus on its […]

Arabian Post Staff Dubai-based DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval. Bringing the TIS Container Terminal into DP World’s global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as the market-leading terminal of Ukraine. This latest acquisition also […]

By Matein Khalid Thankfully, I was not in the global markets during the Black Death, the Great Plague and the Spanish flu pandemic but coronavirus cases have now crossed 40,000 infections and this is way beyond a local Wuhan outbreak. Despite the blowout 225,000 US January non-farm payrolls growth data, I am alarmed by the global recession SOS in the capital markets metrics I track. One, the […]

By Arabian Post Staff Emirates Strategic Investments Company (ESIC), an Abu Dhabi-based investment company owned by Sheikh Mansour bin Zayed al-Nahyan, a member of Abu Dhabi’s royal family, said it has acquired two mixed-use properties in the United Arab Emirates (UAE), one of a series of investments to be funded by last year’s successful issuance of the company’s US$600 million (Dh2.2 billion) sukuk. The Dh1 billion (US$ […]

The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists will be set up at major shopping malls and hotels, in addition to the existing ones at air, land, and maritime entry and exit ports across the UAE,  the Federal Tax Authority (FTA) announced. The expansion aims to provide additional services to tourists, enhancing the UAE’s status as a leading destination on the international tourism map. Planet […]

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Just in:
Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Cyberport Venture & Capital Forum 2026 Grand Opening // Hong Kong mandates crypto transaction disclosures to tax authorities // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Cloudflare unveils Zero Wire vulnerability intelligence service // Oil and chip shares retreat after Democratic victories // DIP Holding targets Dh1.12 IPO price and $529m proceeds // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // SC to examine students’ exam plea today // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Anthropic to prohibit persistent abuse of Claude chatbot // Emirates Group records AED 4.1 billion half-year profit // Govt opposes Arlekar’s PSC action // APT29-linked campaign exploits outdated Apple and Android software // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Middle East governments assess Iran war after US vote // Democrats capture Senate majority with seven Republican seats // ADIA and partners establish $1.4 billion aviation venture // Meraas showcases five residential zones at Dubai Design Week //