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George The novel coronavirus, also known as COVID-19, has halted activity across the globe. Businesses are closed, flights cancelled, people are required to stay at home, social distancing is the new norm, and widespread fear of contracting the virus is rampant. Sadly, scammers continue to take advantage of people in numerous ways during these complicated times, including using the coronavirus pandemic to develop new schemes to line […]

By James M. Dorsey A Turkish-US business council is projecting Turkey as a trading alternative to China with the help of influential US Republican Senator Lindsey Graham, a close associate of President Donald J. Trump. The Turkish effort comes two weeks after President Recep Tayyip Erdogan heralded a new era in long-strained relations with Washington. Mr. Graham’s agreement to participate in a webinar organized by the Turkey American Business […]

AMSTERDAM, NETHERLANDS – Media OutReach – 23 June 2020 – Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, today reveals that within 18 months of going live, its Russian Payments Solution has outperformed all expectations with impressive payment volumes and customer adoption. It is now one of the fastest growing payments offerings from Ingenico ePayments, providing unique local acquiring and payment capabilities for international businesses selling […]

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 […]

By Lucky La Riccia Digital technologies are transforming industries worldwide. With 5G being deployed across the region, service providers increasingly recognize the new business opportunities that digital transformation of the enterprise market will bring. However, to successfully address these opportunities and accelerate longer-term growth, they need to extend their focus from traditional revenue streams to center on digitalizing targeted industries. While leading service providers in the region […]

Arabian Post Staff ENOC Group, the wholly-owned Dubai government entity, has reported a significant surge in the demand of storage capacity across its terminals in the UAE, Saudi Arabia, Singapore, Morocco and Djibouti.   The increased demand for bulk liquid storage at its facilities is a result of the upward price trajectory, as customers seek storage provision due to the weakening demand for oil in the wake of the […]

Public Services Company Serco Middle East has appointed Wallace Weatherill as its new Managing Director, a role in which he will spearhead the operations of the largest automated transport system in the region the Dubai Metro as well as the Dubai Tram in collaboration with the Roads and Transport Authority (RTA). Serco Middle East operates and maintains the Dubai Metro and operates the Dubai Tram on behalf […]

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Arabian Post Staff  The United Arab Emirates moved up two points to 19th rank globally in the 2020 Kearney Foreign Direct Investment (FDI) Confidence Index, up from 21st place when it was last represented in the index in 2017. The country’s ranking reflects positive investor sentiment based on the government’s strong commitment to economic diversification, innovation, infrastructure and ease of doing business – among other factors. Positive government […]

Launched at Amazon’s first Singapore Seller Summit, the Seller University is the latest initiative announced by Amazon to help local small and medium retailers unlock growth opportunities through online selling   SINGAPORE – Media OutReach – 19 June 2020 – (NASDAQ:AMZN) – Amazon today launched Seller University, an online education portal, for small and medium businesses (SMBs) in Singapore at its first Amazon Singapore Online Seller Summit 2020. With interactive […]

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 […]

Asia Young Designer Awards (AYDA) gear up for another year to empower young, budding designers of Asia Pacific   SINGAPORE – Media OutReach – 19 June 2020 – Organised by Nippon Paint, the Asia Young Designer Awards (AYDA), will see its 13th year of empowering young, budding designers to be agents of change by creating a positive impact, through design, within their communities. Held annually, student participants go through […]

SINGAPORE – Media OutReach – 19 June 2020 – PSB Academy (PSBA), one of Singapore’s leading private education institutions, have pledged to renew partnerships with Australian universities The University of Newcastle, Australia (UON) and La Trobe University (LTU), to continue to offer select undergraduate and postgraduate programmes in Singapore for another five years. From top left clockwise: Professor Sally Chan, Pro Vice-Chancellor (Singapore) and Chief Executive Officer, University of […]

Industry experts and customers to tackle post-pandemic supply chain structures, share best practices: June 23-24   SINGAPORE | Sydney, AUSTRALIA – Media OutReach – June 19, 2020 – Infor, a global leader in business cloud software specialized by industry, today announced the Infor APAC Supply Chain Virtual Summit 2020 will take place online June 23-24 with a central theme of how to run a next-generation supply chain.   The two half-day summit […]

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 […]

LONDON, UK AND TOKYO, JAPAN – Media OutReach – 18 June 2020 – Splyt, a scale-up integrator of mobility apps and travel platforms, has closed a USD 19.5 million Series B investment round to support its expansion. The round was led by SoftBank Corp. (TOKYO: 9434), the Japan-based telecommunications and technology company, who will receive a seat on the Board and a significant share in the company. American Express […]

New Platform Uses AI and Automation to Convert Data into Actionable Insights; Supports Business Continuity and Recovery to Address Rapidly Evolving Organizational Needs   HONG KONG, CHINA – Media OutReach – 18 June 2020 – Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today introduced Aruba ESP (Edge Services Platform), the industry’s first AI-powered, cloud-native platform that predicts and resolves problems at the network edge before they happen. Built on […]

By Hassan Ali Mansoor Like a raging bull, Covid-19 has swept through the world. Besides infecting millions of people and resulting in the killing of hundreds of thousands of people, it has also brought the global economy to a standstill and disrupted existing projections of capital markets and cash liquidity. Banks and financial institutions have been forced to review their existing policies and projections, governments around the […]

SINGAPORE – Media OutReach – 17 June 2020 – In times of crisis, online businesses need to scale to survive. The most promising region in the world for business expansion is Asia. Which online industries are booming right now? How do you expand into a fragmented region with cultural differences and complex payment behaviour? The experts will discuss these, and other topics at the FREE Gate2Asia webinar on July 2. […]

AIA is also opening up more pathways for jobseekers and fresh graduates through various recruitment campaigns and the SGUnited Traineeships Programme   SINGAPORE – Media OutReach – 17 June 2020 – AIA Singapore today announced that all employees will receive S$1,000 as part of the company’s focus on its people, to help its staff who are working remotely from home during the ongoing COVID-19 global pandemic, to ensure that they […]

Digitalizing Shopping, Dining, Learning, Traveling Kickoff by GRWTH with “Dream Rewards” at Amoy · Kornhill Learnscape “Dreams · Chaser” Open House Offers Free Trial Lessons that Help Explore Children’s Interests  HONG KONG, CHINA – Media OutReach – 17 June 2020 – The COVID-19 pandemic over the past six months has made the internet and online platforms becoming an indispensable part of our life.  Digitalization impacts every aspect of our […]

– Asian Investors To Reap Returns on 2 Exits   SINGAPORE – Media OutReach – 17 June 2020 – The Walton Group of Companies (“Walton”) continues to implement its strategy of accelerating exit activity for the benefit of its investors, and investors are now seeing the results. Walton’s strategy allows a homebuilder to acquire land in phases with the bulk of land payments deferred to the timing of home […]

Revenue increases 12.6% to RMB1.84 Billion   Gradual Results Delivered From Operational Reforms Optimises Sales Channel Mix Results Highlights (RMB million) For the twelve months ended 31 March 2020 2019 Change Revenue 1,841 1,635 +12.6% Gross profit (before provision for/reversal of impairment losses of inventories) 1,138 914 +24.5% Gross profit margin (before provision for/reversal of impairment losses of inventories) 61.8% 55.9% +5.9pts Operating profit 484 584 -17.1% Operating […]

HONG KONG, CHINA – Media OutReach – 17 June 2020 – Leading bespoke solar developer and asset management company NEFIN Solar Asset Limited (“NEFIN”), a member of the NEFIN Group, has formed a strategic rooftop solar partnership with St. Paul’s College (“SPC”), one of the oldest school in Hong Kong which always keeps young at heart. Under the Feed-in Tariff (FiT) Scheme supported by the HKSAR Government, NEFIN has successfully […]

Arabian Post Staff UAE Minister of State for Foreign Affairs Anwar Mohammed Gargash, in a historic public appearance by a senior Arab government official before a global Jewish organization, today addressed the American Jewish Committee (AJC) Virtual Global Forum. Gargash and other senior UAE officials have welcomed AJC delegations on regular visits to the Gulf state for more than 20 years. “AJC has been a quite remarkable […]

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