COUNTRY LATEST UPDATES Saudi Arabia Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance. 28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]
Over 90 teams of innovators from more than 20 countries submitted innovative data-driven solutions to improve mobility and city planning in Kuala Lumpur Selected semi-finalists include teams from Australia, Brazil, Germany, India, Malaysia, Netherlands, Singapore, United Kingdom, United States and will receive up to $5,000 grant each to develop Proofs of Concept of their solutions KUALA LUMPUR, MALAYSIA – Media OutReach – 14 August 2020 – Sixteen cutting-edge solution ideas were […]
Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1] DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]
Nine new senior executives signal Envision Digital’s rapid global expansion in key Asia-Pacific (APAC) and Europe, the Middle East and Africa (EMEA) markets SINGAPORE – Media OutReach – 5 August 2020 – Global green tech, Artificial Intelligence and Internet of Things (AIoT) technology leader, Envision Digital International Pte Ltd (“Envision Digital”), today announced the appointment of nine new management hires as the company expands to deliver on its Net Zero […]
Futurist sheds light on ‘new normal’ at E-Day seminar HONG KONG, CHINA – Media OutReach – 30 July 2020 – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year’s HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July […]
Charting a Bright Course for the Future HONG KONG, CHINA – Media OutReach – 29 July 2020 – ASM Pacific Technology Limited (“ASMPT” or the “Group”) (Stock code: 0522) has announced that it reached an agreement to form a Strategic Joint Venture (“SJV”) involving its Materials segment with key partners. Mr. Robin Ng, CEO, ASMPT, said “We have been closely monitoring the market trends of […]
Partnership to build core business systems to accelerate the digital shift for customers TOKYO, JAPAN – Media OutReach – 27 July 2020 – Infor/Infor Japan K.K. and Nippon Systemware Co., Ltd. (NSW; Headquarter: Shibuya-ku, Tokyo; President and Chief Executive Officer: Shoji Tada) today announced the provision of Infor CloudSuite Industrial, Infor’s enterprise resource planning (ERP) package for the manufacturing industry in a newly-inked partner agreement to help Japanese customers accelerate their […]
Provides governance and expands standardized model from Japan for manufacturing industries TOKYO, JAPAN – Media OutReach – 17 July 2020 – Infor Japan K.K., the Japanese subsidiary of Infor, a global leader in business cloud software specialized by industry, today announced that Chuo Spring Co., Ltd., an automotive components manufacturer, has adopted at its Indonesian sites Infor CloudSuite Industrial, an ERP solution for manufacturing industries, to enhance business visibility and […]
New version of its blockchain platform supports demand generation, sustainability and compliance for manufacturers and jewellery retailers, also announces its new bridge funding through the UK government’s Future Fund and Tencent. LONDON, UK – Media OutReach – 15 July 2020 – As the diamond industry adapts to the disruption of the COVID-19 pandemic, Everledger has launched of a new version of the Everledger Platform, with additional features that match […]
DUBAI, 12th July, 2020 (WAM) — The UAE Ministry of Economy and the China Council for the Promotion of International Trade, CCPIT, have announced that they will together host the first China-UAE Economic and Trade Digital Expo on 15th July, a platform designed to reinvigorate trade activities between the two countries as they seek to lay the foundations for bilateral trade in the new digital economy. Organised […]
388,570 sqm state-of-the-art distribution centre in Japan’s Greater Osaka to set new standards for modern logistics properties HONG KONG, CHINA – Media OutReach – 8 July 2020 – ESR Cayman Limited (“ESR” or the “Group”; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, today announced the completion of ESR Amagasaki Distribution Centre (“ESR Amagasaki DC”) in Greater Osaka which, with a GFA of 388,570 sqm […]
SHANGHAI/TORONTO/AMSTERDAM/HONG KONG – Media OutReach – July 6, 2020 – ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821), Manulife and PGGM today announced that a new core joint venture (“Core JV”) between ESR and Manulife has completed the acquisition of four institutional-grade logistics properties from Redwood China Logistics Fund (“RCLF”) for approximately RMB1.7 billion (equivalent to approximately US$243 million). RCLF is a limited partnership development joint venture between ESR and PGGM. PGGM […]
First-ever “LEGO® TechnicTM – STEM A.I. concept store” presents an integrated online x offline retail concept on top of promoting STEM education HONG KONG, CHINA – Media OutReach – 26 June 2020 – Online shopping is fast becoming a dominant global trend. As a company committed to promoting innovation and providing its customers with a top-quality shopping experience, Sino Group is pioneering an integrated online x offline retail concept […]
By James M. Dorsey Fraught with multiple powder kegs that could blow up at any moment, Turkish-Russian relations constitute a study in the management of a new world order’s seemingly fragile alliances. Much like relations between Russia and China, Russia and Iran, Turkey and Iran, and Turkey and China, Turkish-Russian ties are fragile despite the fact that they, contrary to Western perceptions, are not just opportunistic and […]
By Andrew Brinded In 1991, the renowned technology journalist Stewart Alsop made a famously wrong forecast. “I predict that the last mainframe will be unplugged on March 15, 1996,” he wrote. But 23 years later, the mainframe is still going strong. For me, this underlines why it’s a myth that IT is a fast-moving sector in which revolutionary changes occur at lightning speed. The R&D side of […]
Government policies on climate change and consumer demand could see the number of electric cars reach 100 million by start of next decade compared with seven million today. China is the world’s largest market for electric vehicles in total, accounting for around 45%, while a quarter (24%) are in Europe and 22% in the US. In Asia – China, Japan and India to drive future sales. New […]
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 […]
Dubai-based Finalrentals makes it possible to rent a car globally By Arabian Post Staff When traveling abroad, people often try to search for a car online from unknown platforms, resulting in situations where customers feel they didn’t get the service they’d hoped for. But Finalrentals has changed all that. Finalrentals is a startup born in Dubai, United Arab Emirates. After creating the best online car rental experience for tourists and […]
Instead of walking in the fabulous city of Dubai and looking for a proper means of transportation to take you from point A to point B, alongside with your family and friends, you can ask for a luxury car for rent in Dubai. There are numerous advantages for renting a luxury car in Dubai and, among these, the possibility of choosing the car you want for long […]
By Manish Rai Recent attacks launched by Houthis rebels on critical installations of Saudi Arabia has demonstrated a significant leap in their capabilities. The story of how Ansar Allah (official name of Houthi movement) moved from small-arms ambushes to medium-range ballistic missile and sophisticated drone attacks deep inside enemy territory in just half a decade illustrates that how an ambitious militant group can capture and use a […]
By Matein Khalid I had published a column in the UK/MENA press arguing that the Uber IPO was “absurdly valued” last week. I was vindicated with a vengeance when Uber priced its IPO at 45, well below the level Saudi Arabia’s uber-sovereign wealth fund PIF invested $3.5 billion in the hose of Travis (now Dara) three years ago. Uber opened on the NYSE with a whimper, not […]
/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 $4 billion per annum and has already been forced to surrender Russia/CIS to Yandex, China to Didi and […]
James M. Dorsey The killing of journalist Jamal Khashoggi and potential Western sanctions against Saudi Arabia has sparked renewed debate about the value of the longstanding alliance between the United States and the kingdom. The debate is not limited to the US or the kingdom, both of which are assessing the reliability of the other even if that is a debate that is waged in Saudi Arabia behind […]
|By Arabian Post Staff| Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a growth in net profit of 9 per cent during the first nine months (January to September) of the year to AED 1.639 billion (US$ 446 million), compared to the same period in 2017 at AED 1.507 billion (US$ 410 million). Revenue for the first nine months of the year was […]
