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By Murali Krishnan According to Frost & Sullivan, in the GCC region, UAE, Bahrain and Qatar have mobile subscriber penetration rates of 80% or more, placing them among the highest penetrated markets globally. We estimate that GCC region would have 83% mobile subscribers by 2030 up from 77% in 2018. Further, by 2030, 5G will account for 16% of total connections in these markets. By 2025, 75% […]

European Medicines Agency to Conduct First-Ever Parallel Assessment of a Medicinal Product, Takeda’s Dengue Vaccine Candidate (TAK-003), for use in the EU; Countries Outside of the EU through the EU-M4all (Previously Article 58) Procedure Takeda Intends to Submit Regulatory Filings in Argentina, Brazil, Colombia, Indonesia, Malaysia, Mexico, Singapore, Sri Lanka and Thailand During 2021 TAK-003 is Being Studied for the Prevention of Dengue Due to any Dengue […]

BANGKOK, THAILAND – Media OutReach – 26 March 2021 – Bityard, the world’s leading cryptocurrency derivative exchange, has launched its forex trading service in more than 150 countries. From now on, the contract for difference (CFD) trading pairs on Bityard cover multiple asset types including cryptocurrency, index, commodity, and forex. Facing possible coming drop of active crypto traders, Bityard begins to offer forex trading service, providing more […]

Significant progresses in IND, clinical development, NDA/BLA, commercialization, BD and financing NDA/BLA progress – GB226 (Geptanolimab) Priority Review for PTCL, GB242 (infliximab (Remicade) biosimilar) under Review Clinical development – Three products’ registrational pivotal trails completed (GB226,GB221,GB242), GB491 (CDK 4/6) for 1L and 2L HR+/HER2- breast cancer bridging studies EC approved, GB261 first in human (FIH) trial EC submitted in Australia in March-21 IND progress – Eight IND […]

HONG KONG SAR – Media OutReach – 22 March 2021 – Conventional cryptocurrencies have had a fair share of backlash in the first quarter of this year. Their major pitfalls include lack of physical backing and reliance on digital transfering. Under this demand, a particular upgrade to the long-lasting and robust Bullion ecology has taken place. ACUG – the newly launched- digital token is one of those […]

Threat actors weaponizing cloud storage, advanced cloud-based tools to create record ransomware attack effectiveness, volume   CORRECTION by SonicWall: The title of Debasish Mukherjee (5th paragraph) has been updated to Vice President, Regional Sales APAC The corrected release reads: Ransomware soars with 62% increase since 2019 Office files preferred by cybercriminals, surpass PDFs, roughly 1 in 4 malicious Never-before-seen’ malware variants up 74% year-over-year Cryptojacking shows three-year […]

BEIRUT: Lebanon’s currency hit a new low against the dollar on the black market Tuesday, continuing its freefall in a country gripped by political deadlock and an economic crisis. The latest plunge
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Threat actors weaponizing cloud storage, advanced cloud-based tools to create record ransomware attack effectiveness, volume   Ransomware soars with 62% increase since 2019 Office files preferred by cybercriminals, surpass PDFs, roughly 1 in 4 malicious Never-before-seen’ malware variants up 74% year-over-year Cryptojacking shows three-year high with 28% year-over-year increase IoT malware rises 66% as criminals continue to leverage COVID-19 pandemic Retail, healthcare and government face mounting ransomware […]

While it may not be the most widely discussed economic area, the Middle East and North Africa (MENA) region is one of the largest in the world. For example, MENA covers a surface of over 15 million square kilometres, while it’s also home to an estimated 6% of the world’s total population. This puts it roughly on a par with the European Union (EU), which is celebrated […]

BEIRUT: Lebanon’s currency plummeted to a new record low on Saturday, continuing its crash amid a worsening economic crisis that has triggered near-daily protests throughout the tiny Mediterranean

BANGKOK, THAILAND – Media OutReach – 12 March 2021 – Refinitiv, a business under the London Stock Exchange Group (LSEG), has announced the winners of its FX Trading Awards 2021 for Thailand. The FX Awards aim to promote transparency and liquidity in the Thai foreign exchange market and to recognize its importance to the broader Thailand economy. The award winners were determined based on trading activity on […]

SINGAPORE – Media OutReach – 10 March 2021 – Cryptocurrency derivatives exchange Bybit today announced the appointment of Daniel Lim as general counsel. Lim, a veteran of the banking and finance sector with more than 20 years of experience, will assume responsibility for global compliance matters and oversee the company’s legal team. Lim joins Bybit from an international investment bank in Singapore where he served as head […]

BEIRUT: The Lebanese pound hit a record low against the dollar on the black market on Tuesday as the country’s political crisis deepens with no prospects of new Cabinet in the near future and foreign

Initial contract worth RM3.79 billion for three years Aspires to be a major industry player ‘with exponential growth prospects’ KUALA LUMPUR, MALAYSIA – Media OutReach – 26 February 2021 – In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad (‘Vivocom’) announced that V Development Group via one of its subsidiaries has secured a ‘massive win’ worth approximately USD934.7 million or the equivalent of RM3.79 […]

SINGAPORE – Media OutReach – 26 February 2021 – Blockdegree — an esteemed member of the US Education Blockchain Action Network — has launched a Blockchain Foundational Video Programme– Study Blockchain in 60 minutes. This is a highly rigorous programme specially designed for everyone to learn all about blockchain technology and its use cases in just an hour. This programme is also suitable for students with no […]

Trend Micro’s annual roundup report can guide strategic security planning for the new year   HONG KONG SAR – Media OutReach – 24 February 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today announced it detected 119,000 cyber threats per minute in 2020 as home workers and infrastructure came under new pressure from attacks. This insight and many others come from […]

$4.7 billion in sales, $0.19 EPS and $0.48 adjusted EPS exceeded guidance Third consecutive quarter of operating margin improvement PHOENIX, US – Media OutReach – 29 January 2020 – Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of […]

HONG KONG SAR – Media OutReach – 14 January 2021 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months and the nine months ended 31 December 2020.   The Board of Directors (the “Board”) of the Company […]

TORONTO, ON – EQS Newswire – 14 January 2021 – Rhotex has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today’s challenges with the traditional miners by consuming lesser power supply compared to the output […]

SHANGHAI, CHINA – Media OutReach – 21 December 2020 – CPA Australia and Shanghai National Accounting Institute (SNAI), a leading public service institution affiliated with the Ministry of Finance of China, announced yesterday the publication of a new book titled 10 key technology trends for accounting and finance professionals in China. Professor Liu Qin, Deputy President of Shanghai National Accounting Institute and Michael Yu, President of CPA Australia’s East and Central […]

Hassan Ali Mansoor On 15th September 2020, the UAE took a landmark and historic step when it officially recognized the State of Israel pursuant to the Abraham Accords signed between the officials of the UAE and Israel.  Not only will this recognition of Israel by UAE usher in a new era of economic betterment for the country and the region, it is also emblematic of the grand […]

Arabian Post Staff On the back of ongoing market volatility and major global events, the Dubai Gold and Commodities Exchange (DGCX) continued to register strong trading activity during the month of November 2020. DGCX’s G6 currencies portfolio continued its strong performance from the previous month, and markedly recorded a year-to-date (Y-T-D) growth of 364% as compared to the same period last year. Among the G6 currency pairs, […]

Despite COVID-19, sales up by 52.3% and 16.9% in China and South Korea E-commerce grew by 79% Gross margin expanded by 1.5 percentage points and EBITDA increased by 142%   HONG KONG SAR – Media OutReach – 27 November 2020 – HONMA Golf Limited (“HONMA” or the “Company”; together with its subsidiaries, the “Group”; HKEx stock code: 6858), one of the most prestigious and iconic brands in the golf industry, […]

LONDON: Bitcoin plunged on Thursday to its lowest in 10 days, leading a sell-off that extended to other smaller digital coins. Bitcoin, the world’s biggest cryptocurrency, slumped as much as 13
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