Just in:
Doctify Marks Six Years in the UAE with New UAE Hospital Rankings as Gulf Expansion Accelerates // ONYX Dining invites guests to discover dining experiences for every occasion with the people who matter // OpenCode users face unflagged flaw despite September fix // Chow Tai Fook Jewellery Group Welcomes President of Botswana to Its Newly Opened Signature Boutique in Beijing // Cross-Sector Collaboration For World Sight Day: Orbis, HKOS, Southern District Office, and Southern District Care Team Jointly Launch “Southern District Eye Care Day” – Calling on the Next Generation to Accompany and Protect Senior Vision // Can Smartphone Makers Deliver Useful AI Without Draining Battery Life? // GoImpact’s Green Tech Summit returns for its third year to turn cross-sector dialogue into action // Bitget targets Thai market through licensed exchange purchase // TAQA launches dual-tranche dollar bonds for green financing // Tiny Titan domination: VinFast VF3 is the best-selling BEV model in the Philippines // China’s Village Super League: More Than Just Soccer // UEM Edgenta Launches Young Entrepreneurship Programme to Develop Future-Ready Vendors // Burjeel highlights healthcare operations exceeding 1.17 million visits // Fiscal strength doesn’t guarantee public goods delivery, US study finds // Britain clears North Sea Jackdaw gas drilling project // Formula One maintains Qatar and Abu Dhabi race dates // Figma expands MCP partnerships despite Field’s protocol concerns // Saudi investment forum shifts tenth edition to 2027 // Britain assigns RAF Typhoons to defend Saudi airspace // Are the world’s central banks about to slam on the brakes together? //

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Expo 2020’s global innovation and partnership programme has announced the provision of additional support to innovators from around the world facing financial hardship as a direct result of the global pandemic Expo Live has set aside AED3.7 million (US$1 million) in an Emergency Relief Fund, ERF, to support innovators from its global innovation and impact grant programme who are facing immediate financial hardship because of the ongoing […]

The Netherlands plans to share innovations in the water, energy and food sectors at Expo 2020 Dubai Sustainability developments in recent years have increasingly focused on water, energy and food. The UN’s Food and Agriculture Organisation has noted how water, energy and food security are heavily interdependent – a concept described as the water-energy-food (WEF) nexus. Gulf countries face complex challenges when it comes to meeting the growing […]

DUBAI, UAE – EQS Newswire – 27 July 2020 – Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG).   Download Image: https://bit.ly/39u3rZ1   James possesses over 30 years’ experience in corporate and investment banking and has worked extensively […]

Arabian Post Staff The IMF has praised the UAE authorities for reacting very quickly and swiftly in addressing the spreading of the coronavirus, and the pioneer measures in terms of controlling the spreading, increasing the number of testing, and introducing technology as a way and mean to address and to contain the spreading of the virus. It pointed out that the UAE economy is the second largest […]

With A No-Nonsense Message HH Sheikh Mohammed Inaugurates 7 New RTA Metro Stations In Dubai “This is Dubai, we say what we do, and do what we say.” With this tweet HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, integrated seven new Dubai RTA Metro stations to the world and the people of Dubai on Wednesday, July 8. […]

Dubai’s Route 2020 Project, designed to extend Dubai Metro an additional 15km from Jebel Ali to the Expo 2020 year. site, has been inaugurated by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and will officially open to the public in September, connecting communities with a combined population of around 270,000. أعلنا قبل 47 شهراً […]

The Caribbean island of Grenada has opened a Consulate in Dubai, United Arab Emirates, to further develop economic, cultural and scientific ties between the two countries. The Consul General said she was delighted to be opening Grenada’s first Consulate in the Middle East. “It is a pleasure to be representing Grenada in the UAE,” said Rose-Ann Benjamin, Grenada’s Consul General. “I’d like to thank the Government of […]

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by James M. Dorsey The Middle East is at a crossroads. The coronavirus pandemic and its economic fallout confronts regional leaders with a stark choice: dial down tensions to open the door toward cooperation in tackling existential challenges or risk ever more aggravated political and economic threats enhanced by a potential wave of social protest. A second wave of the coronavirus pandemic is raising its ugly head. […]

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 […]

As we all know, Covid-19 and the effect it is having on the world has been substantial. With several cancellations and travel bans to locations all over the world, there are plenty of changes being made. With changes to sporting events as well as the postponement of a number of major events in the UAE and internationally, there are many wondering how Covid-19 can continue to affect not […]

By Matein Khalid I had published an article expressing my shock at the abysmal corporate governance and financial disclosure at NMC Healthcare, the London listed UAE’s largest private operator of healthcare clinics and hospitals. NMC Healthcare shares were at 1816 pence on the LSE when I published my article in the Gulf and UK financial press on 30 December 2019. NMC Healthcare has now plunged to 775 […]

Arabian Post Staff Indonesia’s business community on Thursday welcomed the UAE’s pledge to pump tens of billions of dollars into a wide range of key sector projects. President Joko Widodo and his entourage secured an overall $22.9 billion deal during an official two-day visit to Abu Dhabi earlier this week covering the fields of energy, logistics, port construction, mining, and agriculture. It was also revealed that the […]

By James M. Dorsey Disclosures of taped phone calls between embattled former prime minister Najib Razak and a person believed to be United Arab Emirate crown prince Mohammed bin Zayed go a long way to explain Malaysian efforts to counter UAE and Saudi influence in the Muslim world. The disclosures are the latest incident in what have been complex, if not strained relations with the UAE and Saudi Arabia […]

By Arabian Post Staff A surge in arrivals over the summer months accelerated Dubai’s tourism momentum, as the city welcomed 12.08 million international overnight visitors in the first nine months of 2019, according to the latest visitation figures released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism). The strong 4.3 per cent increase in volume growth compared to the same period last year was supported […]

Whilst the forex market is renowned for its liquidity and volatility, it’s fair to say that some currencies offer a far greater degree of stability than others. Take the U.S. Dollar (USD), for example, which features as part of 84% of all currency trades and accounts for an estimated 38% of the world’s debt. The USD has also performed well of late, having strengthened to a 12-year […]

By Hassan Ali Mansoor A noticeable trend around the world these days are media reports that paint a gloomy picture of the global economy.  A particular focus of economists has been global banks and financial institutions.  These reports claim that some banks have invested in risky portfolios that expose their customers to unnecessary risks.  The precarious financial condition of Deutsche Bank, Germany, is quoted as an example […]

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 […]

By Saifur Rahman The oil-rich Gulf countries have started to introduce permanent residency to wealthy foreigners in order to retain the existing businesses and attract more foreign investors to support the economic growth. Within days after Saudi Arabia announcing a ‘Green Card’ scheme for wealthy foreigners, the UAE on Tuesday announced a similar package – Golden Card – to retain the super-rich expatriates and attract more. Vice […]

Starzplay, the Dubai-based subscription video on demand (SVOD) start-up, has now higher subscribers than Netflix – the global SVOD leader – in the Middle East and North Africa, a top official claimed. “In January 2019, we have reached 1 million subscribers in the Middle East – higher than Netflix,” Maaz Sheikh, CEO of Starzplay, told The Arabian Post, on the sidelines of a press briefing on Monday […]

By Arabian Post Staff Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, according to Rystad Energy. Two Saudi Arabian oil tankers were reportedly attacked off the coast of the United Arab Emirates (UAE) this weekend, sending crude futures sharply up Monday morning.  Commenting on the incident, Bjørnar Tonhaugen, Head of Oil Market Research at Rystad […]

/By Matein Khalid/ Uber Technologies goes public in the most controversial and global tech IPO since Facebook seven years ago. Uber bulls claim that the ride sharing colossus is another embryonic Amazon, a firm that will dominate the digital constellation of the next two decades. I disagree. Uber loses $4 billion per annum and has already been forced to surrender Russia/CIS to Yandex, China to Didi and […]

The Middle East e-commerce market forever be changed with the region’s largest-ever acquisitions and new expansions. In particular, 2019 year has seen such big investments that will let the fastest growing eCommerce market of MEA to take a great turn. The business formation in MEA taking up diverse strategies by companies to establish business in unique places to compete strongly with the upcoming. MEA leave a great […]

|By Arabian Post Staff| International Holdings Company, one of the UAE’s foremost holding companies with investments in diversified operating businesses, signed today an Implementation agreement to acquire PAL Cooling Holding LLC (PAL) – subject to final shareholders and regulatory approval – which allows International Holdings Company to enter into the utilities market. The acquisition will see the two companies conduct a share-swap arrangement, with IHC acquiring PAL’s […]

By James M. Dorsey As far as Gulf leaders are concerned, President Donald J. Trump demonstrated with his announced US troop withdrawals from Syria and Afghanistan that his insistence that the “world is a dangerous place” has never been truer. The troop withdrawals coupled with Mr. Trump’s praising of Saudi Arabia’s alleged willingness to foot the reconstruction bill in Syria, moves that emphasized his lack of geopolitical interest in […]

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Just in:
Burjeel highlights healthcare operations exceeding 1.17 million visits // Fiscal strength doesn’t guarantee public goods delivery, US study finds // Town secures $108 million funding at billion-dollar valuation // GoImpact’s Green Tech Summit returns for its third year to turn cross-sector dialogue into action // Formula One maintains Qatar and Abu Dhabi race dates // Wuzhen Summit Puts Spotlight on Tongxiang’s Expanding AI Industry // China’s Village Super League: More Than Just Soccer // Figma expands MCP partnerships despite Field’s protocol concerns // Cross-Sector Collaboration For World Sight Day: Orbis, HKOS, Southern District Office, and Southern District Care Team Jointly Launch “Southern District Eye Care Day” – Calling on the Next Generation to Accompany and Protect Senior Vision // Splunk survey exposes widening gaps in AI agent oversight // ONYX Dining invites guests to discover dining experiences for every occasion with the people who matter // Tiny Titan domination: VinFast VF3 is the best-selling BEV model in the Philippines // Large enterprises appoint AI security chiefs as oversight lags // Are the world’s central banks about to slam on the brakes together? // Doctify Marks Six Years in the UAE with New UAE Hospital Rankings as Gulf Expansion Accelerates // BDMS Wellness Clinic and Sri panwa Advance Scientific Wellness through ‘The Holistic Wellness Retreat’, Elevating Phuket as a Global Wellness Destination // TAQA launches dual-tranche dollar bonds for green financing // OpenCode users face unflagged flaw despite September fix // Solcis launches open compliance layer for AI agents on NVIDIA OpenShell // Chow Tai Fook Jewellery Group Welcomes President of Botswana to Its Newly Opened Signature Boutique in Beijing //