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Midea Announces 3rd Sponsorship Of 2020 AFF Suzuki Cup

Leading consumer appliances company aims to expand its global footprint by engaging the 492 million fans of Southeast Asia’s premier football tournament   SINGAPORE – Media OutReach – 30 September 2020 – Midea, the world’s number one consumer appliances producer [1] announced its official sponsorship of the ASEAN Football Federation (AFF) Football Championship or commonly known as the AFF Suzuki Cup 2020. This partnership — a first-of-its-kind […]

A Canadian business owner finds the silver lining in a “lost year” – CNN Video

DP World, Canadian investor raise platform to US$8.2 billion

Arabian Post Staff DP World and Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, have announced the expansion of their ports and terminals investment through a new commitment of US$4.5 billion (CA$6 billion), that will increase the total size of the platform to US$8.2 billion (CA$ 10.6 billion). DP World holds 55% share of the platform, and CDPQ the remaining 45%. Since its […]

10 Favorite Places For Fall Color Photos

When you think about places for fall color in the U.S., New England probably comes to mind, and though it deserves the notoriety, it’s just one of many regions to witness the resplendent change of seasons. No matter where you live, there’s likely an excellent destination to photograph the rich, warm colors of autumn within a day’s drive. We asked 10 photographers to share the details behind […]

Trudeau tries to reset amid ethics scandal and economic unease in Canada

There is never a good time to lose your finance chief — but the timing couldn’t be worse for the embattled Canadian Prime Minister Justin Trudeau.

Sa Sa x Boutir Makes New Inroads into New Retail

Building integrated channels and helping business owners Develop new systems to boost sales HONG KONG, CHINA – Media OutReach – 10 August 2020 – Sa Sa International Holdings Limited (Sa Sa or the “Group”; stock code: 0178) announced on 3 August its official adoption of Boutir‘s solution and the setup of “personal online stores” for its beauty consultants. This will allow Sa Sa to combine the strengths of in-store and […]

Sun Life Opens Singapore Branch

Move expands Sun Life’s presence to eight markets in Asia   SINGAPORE – Media OutReach – 7 August 2020 – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), a global life insurer and asset manager, today announced it has opened a branch in Singapore to offer life insurance solutions to High Net Worth Clients. The announcement follows final license approval from the Monetary Authority of Singapore in May 2020.   […]

BCCI sends official Letter of Intent to host IPL 2020 in the UAE

Emirates Cricket Board (ECB) has confirmed that they have received the official Letter of Intent from the BCCI to host the 2020 edition of the Indian Premier League (IPL). “We have received the (official) letter and now wait on the decision from the Indian Government which will ink the final deal.” said Mubashshir Usmani, Emirates Cricket Board Secretary General. While the Board waits for notice from BCCI […]

Shop tax- and duty-free alcohol in Singapore with attractive deals on iShopChangi without flying

SINGAPORE – Media OutReach – 8 July 2020 – There is no need to wait for your next flight to purchase tax and duty-absorbed alcohol from Singapore Changi Airport! Non-travellers can now browse and buy from over 100 liquor brands, including exclusive items, on the airport’s e-commerce platform, iShopChangi.   On top of the regular tax and duty-free savings, enjoy up to a stunning 50% off over 600 wines, spirits, craft […]

Atkins sets up a new structure for Middle East business

As companies worldwide continue laying-off workers, Atkins has unveiled a new business structure for their business in Africa and the Middle East. The new business structure is set to start taking effect from July 1st, 2020, based around two main markets of the Kingdom of Saudi Arabia and the United Arab Emirates. This structure will also allow Atkins to align their services with client projects and country […]

Financial markets are at an inflection point

By Matein Khalid Oscar Wilde once spoke of his friendship with Lord Alfred Douglas, the fabled Bosie, as “the love that dare not speak its name”, in Victorian London, when Sherlock Holmes and Jack the Ripper roamed amid the fog and the gaslights! The love that dare not speak its name in my life is, of course, my obsession with foreign exchange markets, a love that mesmerizes […]

Six reasons why Covid will accelerate rush to cloud

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 […]

HKTDC’s Start-up Express Pitching Contest Showcases Innovative Solutions

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, […]

Nervous bullish case for the pound sterling

By Matein Khalid My tactical idea last week to recommend buying sterling against the US dollar (cable) at 1.30 for a 1.34 target is 200 pips in the money now that the Bank of England kept the policy rate unchanged at 0.75% despite Governor Carney’s smoke signals. Sterling closed at 1.32 on Friday evening and will be well bid next week – hopefully. I expect Governor Bailey […]

Male infertility rising in the UAE

(Source: https://pixabay.com/photos/sperium-cum-sperm-winner-first-2505954/) Over the years, we have emphasized the importance of fertility treatment and checkup for women while turning a blind eye on male issues. Infertility in UAE is an issue of concern with half of the cases has to do with male infertility. What is alarming is that male infertility is on the rise in UAE compared to other nations. Experts believe that obesity, stress, and […]

How ancient remedies are changing modern medicine

Most people prefer to use ancient remedies along with modern medicine to speed up their recovery. Ancient remedies are simple, and they include a change in diet, herbs, massages, and acupuncture. Modern medicine has embraced some forms of ancient remedies such as acupuncture and massage therapies. Although they have acknowledged some of the techniques, they point out that some such as using animal parts like rhinoceros horns […]

My bearish call on Uber IPO was a strategic winner 

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 […]

Work on AED 2.2 billion Abu Dhabi tyre factory starts

|By Arabian Post Staff| Groundbreaking for the UAE’s first tyre manufacturing plant by Chinese tyre company Roadbot was performed at KIZAD, Abu Dhabi’s industrial hub and part of Abu Dhabi Ports. Developed with a total investment of AED 2.2 billion ($614.37 million), the Roadbot factory is being built in KIZAD’s China-UAE Industrial Capacity Cooperation Demonstration Zone in line with international standards and equipped with latest innovative solutions […]

Multiple diplomatic spats raise questions about Saudi concept of sovereignty

By James M. Dorsey The failure of Western allies to rally around Canada in its dispute with Saudi Arabia risks luring the kingdom into a false belief that economic sanctions will shield it from, if not reverse mounting criticism of its human rights record and conduct of the war in Yemen. It also risks convincing Saudi Crown Prince Mohammed bin Salman that acting with impunity will not impinge on […]

Will OPEC, Russia policy shift mean $56 Brent?

​ |By Matein Khalid| Crude oil prices plunged by 7% in two sessions as Saudi Arabia and Russia confirmed that they would release 1 million barrels a day in the wet barrel markets. Speculative froth in the oil futures markets vanished, to be replaced by a new trading calculus based on the realities of supply and demand – as well as the unknowable (and unquantifiable!) arc of […]

Emirates Group records $1.1 billion profit

|By Arabian Post Staff| Emirates Group reported a 67 percent jump in net profits to $1.1 (Dh4.1 billion) billion in 2017-18 financial year ending March 31, 2018 compared to the previous year, with revenues reaching $27.9 billion (Dh102.4 billion), crossing the Dh100 billion mark for the first time in the history of the 32 year old airline group that includes Emirates Airline and its ground handling and ticketing arm, […]

Saudi Moroccan soccer spat symbolises Arab world’s new politics

By James M. Dorsey A Saudi Moroccan soccer spat speaks volumes about the depth of change in the Arab world. The spat over Saudi Arabia’s refusal to support a Moroccan bid for the hosting rights of the 2026 World Cup tells the tale of the rise of individual country nationalism at the expense of Arab solidarity, Saudi determination to safeguard its alliance with the United States at whatever cost, […]

Iran struggles with environmental crisis

By James M. Dorsey Iranian leaders are struggling, three months after anti-government protests swept the Islamic republic, to ensure that environmental issues that helped sparked a popular uprising in Syria in 2011 leading to a brutal civil war don’t threaten the clergy’s grip on power. Like Syria, Iran has been confronting a drought that has affected much of the country for more than a decade with precipitation dropping to its lowest […]

How to prevent heart disease

Heart Disease – An infographic by GeriatricNursing.org   Every year over 1.2 million people suffer from a heart attack due to coronary heart disease. The probability that a person may die from heart attack is 40 out of 100. According to the latest estimations, more than 335,000 of these heart attack patients are estimated to die even before reaching the hospital or the emergency ward. In the […]