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Produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema, #ALIVE was released on 1,663 screens and grossed US$1.1 million in box office revenue as of the first day of its wide release on 24 June 2020 #ALIVE continues to dominate Korea’s advance ticket reservations with a market share of more than 60% Distributed by Lotte Entertainment, #ALIVE headlines Spackman Media Group’s Yoo Ah-in of DEFAULT (2018) & […]

Produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema, #ALIVE achieved #1 in advance ticket bookings with a dominant market share of 57.7% two days ahead of its release on 24 June 2020 In comparison, the Group’s most recent film, CRAZY ROMANCE, which resulted in commercial success, attained a market share of 12.3% two days prior to its opening day Distributed by Lotte Entertainment, #ALIVE headlines Spackman […]

Repeated immunisation with PD01A is safe and well-tolerated over an extended time period Active immunisation with PD01A resulted in a substantial aSyn-specific antibody response and memory effect This antibody response was associated with a substantial reduction in CSF oligomeric aSyn protein Results represent long-term data from a first-in-human study series using specific active immunotherapy (SAIT) AFFITOPE® PD01A   VIENNA, AUSTRIA – EQS Newswire – June 22, 2020 […]

Arabian Post Staff The Dubai Gold and Commodities Exchange (DGCX) announced that it has received a positive assessment from the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, and is now listed as a third-country trading venue (TCTV) that meets the post-trade transparency requirements under MiFID II and MiFIR. The DGCX met all the criteria set out in the ESMA Opinion (determining TCTVs for […]

Atradius’ Payment Practices Barometer highlights the importance of risk management to Asian businesses   HONG KONG, CHINA – Media OutReach – 10 June 2020 – Corporations in the United Arab Emirates expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact of COVID-19, according to Atradius‘ latest Payment Practices Barometer survey. With an […]

Atradius Payment Practices Barometer highlights importance of risk management to Asian businesses   HONG KONG, CHINA – Media OutReach – 10 June 2020 – As global recession looms, Asian businesses tighten their credit management processes in a bid to minimise bad debt risks.   COVID-19 containment measures around the world have impacted both national and international supply chains and trade. Responses to the 2020 Atradius Payment Practices Barometer (PPB) survey […]

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, […]

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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 […]

Arabian Post Staff Global solutions integrator AGC Networks announced that it will be acquiring Fujisoft (along with its associated companies in UAE) through its indirect subsidiary – Black Box Holdings Limited Cayman Islands. The proposed acquisition is subject to approval from the Department of Economic Development in Dubai and from Abu Dhabi Department of Economic Development for the company in Abu Dhabi. The acquisition of Fujisoft will substantially increase and strengthen […]

Arabian Post Staff The International Air Transport Association (IATA) sees 2020 global revenue losses for the passenger business of between $63 billion (in a scenario where COVID-19 is contained in current markets with over 100 cases as of 2 March) and $113 billion (in a scenario with a broader spreading of COVID-19). No estimates are yet available for the impact on cargo operations. IATA’s previous analysis (issued […]

Arabian Post Staff DMCC  announced its strategic partnership with CV VC and CV Labs, to launch Crypto Valley – the world’s largest ecosystem for cryptographic, blockchain and distributed ledger technologies – in Dubai. Designed to foster growth, collaboration and integrity across the global blockchain economy, the ‘DMCC Crypto Valley’ will offer a variety of services including incubation for early-stage start-ups, co-working facilities, innovation services for corporate clients, blockchain and […]

There’s barely an area of entertainment or recreation that Dubai hasn’t either broken into or attempted to break into during the past few years, but this latest trend is one we never expected to see. When you hear the words ‘luxury cruise’, there are to areas of the planet that tend to spring to mind. The first is the Caribbean. The second is the Mediterranean. At a […]

By Arabian Post Staff DJIBOUTI: Just a few kilometres from the centre of the capital city of Djibouti, experts are giving final touches to what is tipped to be the second  largest mosque in the country. The initial idea of Masjid Al Rayan originated in the need for providing a place for worshipers who had to vacate their original neighbourhood in an old district of the capital. […]

Saudi Arabia’s energy-sector manufacturing – industrial activities that are principally related to the energy value-chain – are set for robust growth in the coming decade, not only adding to the Kingdom’s exports but also promoting job creation among highly-skilled Saudis and strengthening the Small and Medium Enterprises (SME) sector, reports the findings of the first-of-its-kind study on the Saudi industrial and energy manufacturing landscape by GE. Unveiled […]

Many people are embracing cryotherapy as a holistic treatment for muscle recovery. This treatment was popularized by many athletes and celebrities who credited cryotherapy for more than just muscle recovery. Cryotherapy helps in muscle regeneration, rejuvenates your skin, and boosting your immune system. As cryotherapy continues to flourish throughout the world, Dubai has not been left behind. Many folks are reaping the benefits of visiting the cryotherapy […]

(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 […]

By Saifur Rahman Dubai Islamic Bank (DIB), the UAE’s first and largest Islamic lender, said, is set to acquire Noor Bank, enhancing Dubai’s position as the capital of Islamic economy and creating the region’s most powerful Shari’a banking group. The combined asset value is set to reach Dh275 billion post acquisition, it said. “The Board of Directors of Dubai Islamic Bank convened its meeting on 09/06/2019 and […]

By James M. Dorsey A public apology by a prominent Salafi scholar sheds a light on Saudi crown prince Mohammed bin Salman’s version of ‘moderate Islam,’ his effort to shape the Middle East and North Africa in his mould, and the replacement of religion with hyper-nationalism as the source of his legitimacy. Claiming to speak in the name of the Sahwa or Awakening movement, Aidh al-Qarni, one of the […]

|By Arabian Post Staff| A new whitepaper published by Dubai Chamber of Commerce and Industry on start-ups has called for closer cooperation between universities, government agencies and investment funds to expand the scope of investments that can support the growth of startups in the UAE. The whitepaper has been published in collaboration with Roland Berger. The findings were released during Dubai Startup Hub’s Entrepreneurship Advocacy event series. […]

Ole Hansen With turmoil on every side, gold has re-emerged as a preferred safe haven with further upside. Meanwhile, prospects for a further recovery in oil seem limited by signs of slowing global growth. The direction of commodities in the early part of 2019 will continue to be influenced by decisions taken in Washington and by central banks last year. The economic fallout from US president Donald […]

|By Arabian Post Staff| Global trade enabler DP World announced that it has entered into an agreement to acquire 71.3% stake in Puertos y Logistica S.A.  from Minera Valparaiso and other shareholders associated with the Matte Group. Pulogsa is listed on the Santiago stock exchange, and the acquisition will be effected via a tender offer to acquire all outstanding shares of the business. Under the tender process DP […]

|By Arabian Post Staff|In a bid to achieve food security in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors. Representing 7 per cent of the total financial assistance contributed by the Fund in supporting developing countries to date, this assistance has allowed […]

|By Alexander Stewart|Advertisers are increasingly appreciative of the value in data-driven, channel-specific creative messaging. Given the associated costs of BRTV spot advertising, more and more brands are focussing their efforts elsewhere – social, programmatic OLV, on-demand programming. Viewership is moving away from linear television to go online, with 54% of 25-34 audience in Ukraine claiming to watch online video content every single day. As smartphone penetration continues […]

By James M. Dorsey Financial injections by Qatar and possibly China may resolve Turkey’s immediate economic crisis, aggravated by a politics-driven trade war with the United States, but are unlikely to resolve the country’s structural problems, fuelled by President Recep Tayyip Erdogan’s counterintuitive interest rate theories. The latest crisis in Turkey’s boom-bust economy raises questions about a development model in which countries like China and Turkey witness moves towards […]

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