By Arun Kumar Shrivastav Tesla owner and currently world’s richest man, Elon Musk has finally had his way with the Twitter board and bought the publicly-listed company in one of the most expensive buy-outs in recent years. He is reportedly paying a staggering $44 billion in cash to make the “town square” of the world […]
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Have you thought about investing in Texas? There are several reasons why many are choosing the Lonestar state for investment benefits. Read this guide on why Texas is the place to invest today! Home Values Check out this investment market in Austin. The Austin real estate market is booming right now with a growing population, increasing home values, and more. While real estate keeps increasing, you might be able […]
By Adam Singolda Augmented reality metaverse will beat the virtual reality metaverse, everyone will eventually become an advertising company, remote work will increase diversity in tech and technology companies will learn to live without personal information about users. If 2020 was the year of uncertainty and social reckoning, 2021 was the beginning of change in its wake. New business opportunities were born from a massive migration online, […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 14 October 2021 -There is hardly anyone left who is not familiar with the bitcoin bull market. A few but dramatic corrections made this historic run more exciting. Blockchain technology is here to stay. And the way legacy institutions and governments react will determine the future of finance. The global broker OctaFX prepared an expert article exploring whether peaceful co-existence might be […]
HONG KONG SAR – Media OutReach – 24 September 2021 – Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for ESG (environmental, social and governance) investing grows, so does the […]
Battery for electric vehicles (EVs) that can charge to 80% in five minutes, 100% solid-state battery without risk of fire with capacity three times higher than current lithium batteries. Technologies of the future are about to be featured on VinFast’s EV models. These were shared by Vingroup’s Vice Chairwoman Thuy Le as she talked about the car maker’s big plan for electrification. HANOI, VIETNAM – Media OutReach […]
HONG KONG SAR – Media OutReach – 10 June 2021 – The days of running businesses solely for profit are long gone. Businesses, large or small, must make considerable efforts to be socially responsible and eco-friendly. A past survey shows that 91 percent of global consumers expect businesses to address social and environmental issues, and 90 percent of them would boycott a company if it were engaged […]
By Matein Khalid My conviction that Elon Musk’s SpaceX is the tech unicorn of our lifetimes was vindicated by the spectacular institutional response to its $1 billion Series N offering in August. The round was oversubscribed by the smart money/tech cognoscenti of Silicon Valley by a staggering 10 times, forcing the company to almost double the size of the offering. I am convinced that the company’s Starlink […]
– Walton International Group’s Strategic Relationships with Top U.S. Homebuilders Set to Reap Rewards SINGAPORE – Media OutReach – 3 August 2020 – Covid-19 is having a profound impact on the homebuying decisions of many Americans, as witnessed by the rapid recovery of the U.S. housing market in the past quarter. Walton is uniquely positioned to capitalise on current trends as a result of its relationships with large U.S. […]
By Matein Khalid In the past 18 years, after a series of spectacular and occasionally failed rocket launches, Elon Musk’s SpaceX has emerged as Silicon Valley’s next colossus, a once in a generation business in the same league as an Amazon, a Google or a Microsoft. SpaceX’s current funding round values the company at a pre-money valuation of $42 billion. Yet the cognoscenti of Wall Street and […]
By Matein Khalid Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL!) to be part of the private market financing of Reliance Jio, the emerging supernova of India’s digital ecosystem. After having spent $50 billion in building a scalable, state of the art wireless network, Mukesh Ambani realized that he needed strategic investors […]
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 Matein Khalid Thanks to the orchestrated bullishness of a dozen Wall Street sell side analysts and the mother of all short covering rallies, Uber has managed to claw back its losses from 38 to its IPO offer price of $45 though the latest management disaster and sacking of Dara’s handpicked COO and marketing lady wunderkind will slam the shares tonight. Uber has also benefited from a […]
When we look to America these days it’s largely with an eye on politics. Much of the world is experiencing a different kind of political environment, with more visible players, more polarizing issues, and more drama overall. And this is being exemplified by America under a President who speaks only to his own party, and who approaches the job as if it’s a reality television show. As […]
|By Arabian Post Staff| In an unusual move, Saudi Arabia’s sovereign wealth fund,which is a stake holder in Elon Musk’s Tesla, has invested $1 billion in rival Silicon Valley start-up Lucid Motors. This means the Saudis will benefit, irrespective of which new generation car company achieves leadership in this automobile sector. Lucid is set to start making its first model, the Air sedan, in 2020. The comapny […]
|By Matein Khalid| Dubai based Gulf Islamic Investments (GII) acquired a one million square foot Amazon logistics center in Dortmund, Germany for $144 million. This deal is a testament to the boutique global merchant bank created in Dubai by GII’s co-founder/CEO Pankaj Gupta, who I am honored to call a friend. I consciously model my own firm Asas Capial on the strategic path laid out by GII and […]
The IMF recently upgraded the global growth outlook for 2018, and the oil price is trading at its highest levels since 2015. These are both positive developments for the UAE economy, which is expected to see an uptick in growth in 2018. But will this be the beginning of a sustained period of growth, or will it just be a rebound from the recent slump in growth? […]
U.S. stocks opened higher on Monday as a rise in oil prices boosted energy stocks, soothing some nerves following a massive cyber attack that locked up 200,000 computers in more than 150 countries. Oil hit a three-week high after top exporters Saudi Arabia and Russia said supply cuts needed to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than originally […]
Tesla has started taking orders for its innovative new solar roof, tile-sized solar panels that the company unveiled back in October last year. Coming from the makers of supercar-speed electric vehicles and reusable rockets, they’re not your ordinary solar panel: they’re aesthetically pleasing and won’t require ripping off existing tiles inside the home for installation. The Solar Roof, Tesla’s first post-SolarCity acquisition offering, is expected to sell […]
Elon Musk has an ambitious goal to decongest traffic through underground tunnels and he’s now shared footage of the project, but tread lightly. The video comes with a warning that it might trigger seizures or cause motion sickness. It shows a test run of an electric sled that would swiftly move cars through the tunnels at 125 mph (200 km/h), automatically shifting from one tunnel to another. […]
In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]
