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Forming Of A Federal Front Of Regional Parties Without Congress May Not Work

Heidelberg Pharma and Huadong Announce Strategic Partnership, Including Equity Investment

Heidelberg Pharma grants Huadong exclusive license to develop and commercialize HDP-101 and HDP-103 in Asia[1] (excluding Japan), plus exclusive opt-in rights for two more pipeline candidates, with a total deal value of up to USD 930 million (EUR 825 million) Huadong will also participate in a rights issue and acquire a percentage of current shareholdings from existing shareholders including dievini[2], totaling EUR 105 million Huadong to become […]

Gold Shines Again As Safe Haven As Ukraine War Intensifies

Time Is Ripe For Reforming The Process Of Appointment Of Governors

SonicWall Threat Intelligence Confirms Alarming Surge in Ransomware, Malicious Cyberattacks as Threats Double in 2021

Over 623 million ransomware attacks globally, an astounding 105% increase Ransomware volume increased 232% since 2019 U.S., U.K. ransomware climbed staggering 98% and 227%, respectively Asia saw a 121.682% increase in ransomware attack YoY India saw an increase of 981% of ransomware attacks in 2021, while Japan saw a 63.55% increase of Malware attacks compared to 2021 Log4j vulnerability exploits eclipsed 142 million in six weeks 65% […]

UAE banks stand to benefit from Fed move

By Arabian Post Staff Banks in the UAE will benefit from the planned increase in interest rates by the U.S. Federal Reserve, which the Central Bank of the UAE (CBUAE) will likely mirror because the UAE dirham is pegged to the U.S dollar, S&P said in a report. S&P Global economists expect the Fed to raise rates six times this year starting in March, and five more […]

Cognetivity deal with EHS for AI-powered screening

Arabian Post Staff Cognetivity Neurosciences Ltd. announced that it has reached a commercial agreement with Emirates Health Services (EHS) for the company’s Integrated Cognitive Assessment (ICA) technology to be deployed as a screening tool for cognitive impairment throughout the United Arab Emirates.  Based in Dubai, EHS is the main federal provider of public healthcare services in the UAE. It functions as the operating arm of the country’s […]

Bitcoin highly co-related to Nasdaq

By Matein Khalid It is not the end, it is not even the beginning of the end but it is the end of the beginning. Churchill’s famous words express my own feelings about the latest psychotic Bitcoin cycle. This crypto-puppy was at an all time high of $68,990 last November but then plunged to $33,000 in its January lows. So whatever crypto is, it is definitely not […]

Marketing Mistakes You Don’t Want to Make When Opening a Cannabis Store

Cannabis stores offer a wide variety of products that can cater to the needs of any cannabis consumer. Whether you are looking for flower, a large selection of concentrates, or edibles, cannabis stores like Canna Cabana have something to offer everyone. Opening a cannabis store can be a lucrative business venture, but if you don’t do your homework, you could make some costly marketing mistakes. In this […]

Iraqi court suspends Zebari’s presidential bid -state news agency

Iraq’s federal court on Sunday temporarily halted Hoshyar Zebari’s bid to be elected president, the state news agency INA reported.

Aurora Strategy Group Announces Largest Expansion In Its History

New consultants from Australia, Canada, and the United States offers global reach and additional services TORONTO, CANADA – News Direct – 3 February 2022 – Marcel Wieder, President and Chief Advocate for Aurora Strategy Group announced the firm’s largest expansion by adding six new consultants in Australia, Canada, and the United States. This follows the recent addition of consultants in Israel and the United Arab Emirates.   […]

Xlife Sciences plans listing on the “Sparks” segment of SIX Swiss Exchange

– Listing on the new “Sparks” segment of SIX Swiss Exchange for small and medium-sized companies is planned for Q1 2022, subject to market environment – Xlife Sciences AG is a Swiss company focused on the value development and commercialization of promising research projects from universities and other research institutions in the field of life sciences – The company is involved as incubator and accelerator in in […]

RUSAL opens new low-carbon aluminium smelter in Taishet

MOSCOW, RUSSIA – RUSINFOSERVICE – 17 December 2021 – RUSAL (SEHK: 486, Moscow Exchange: RUAL) a leading global aluminium producer, opens the first phase of the world’s most advanced low-carbon aluminium production plant, Taishet Aluminium Smelter (TaAZ), in Taishet, Siberia, further demonstrating RUSAL’s commitment to decarbonization of its operations and consumer product chains.   The state-of-the-art smelter is one of the greenest in the world, operating on […]

Case for rally in risk assets

By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]

MODIFI Announces 145m USD to Power International SME Trade Among Supply Chain Turmoil

AMSTERDAM, THE NETHERLANDS – Media OutReach – 15 December 2021 – Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform.   COVID-19 has negatively impacted SME exporters and importers, with the trade finance gap widening to 1.7 trillion USD, 15% […]

Further Delays in the Reauthorization of the United States EB-5 Residency by Investment Program

The reauthorization of the popular investment immigration program of the United States, namely the EB-5 Immigrant Investor program, has once again been delayed as Democrats and Republicans were unable to reach a consensus on a comprehensive federal spending budget. On December 3, 2021, President Biden signed a short-term funding bill, known as a Continuing Resolution, to avert a shutdown of the U.S. federal government. Despite the expectation […]

Upholding Malaysian constitutional law from going down the slippery slope

KUALA LUMPUR, MALAYSIA – Media OutReach – 29 November 2021 – Malaysian law firm Surenda Ananth Advocates & Solicitors issues a statement today on the constitutional law impact on Malaysia and Malaysians following the recent ban of 4D lottery shops in the northern state of Kedah.   The Chief Minister of Kedah, Datuk Seri Muhammad Sanusi Md Nor justified his actions for the state-wide ban and was reported to have said, […]

Bottomliners by Eric and Bill Teitelbaum for Fri, 26 Nov 2021

A few things we can blame on the previous occupant of the White House: 1) budget busting tax break for the richest in the country, 2) policy of separating children from parents at the border as a deterrent to seeking asylum — and then putting those kids in mass cages where many died and/or were sexually abused by the guards, 3) wasting taxpayer money on a stupid, […]

Mashreqbank hit with $100m fine for Sudan payments

Mashreqbank PSC, Dubai’s third-biggest bank, will pay $100 million to settle allegations that it violated U.S. sanctions by illegally processing more than $4 billion of payments tied to Sudan, Bloomberg reported quoting a New York financial regulator. The oldest privately owned lender in the United Arab Emirates processed the transactions from 2005 to 2014 and instructed employees to leave out key details in messages sent between banks […]

Pacific Oil & Gas Limited Rebrands to Pacific Energy Corporation Limited

SINGAPORE – Media OutReach – 26 October 2021 – Pacific Oil & Gas Limited (PO&G) has announced that it will rebrand its operations to become Pacific Energy Corporation Limited.   Ratnesh Bedi, President of Pacific Energy said, “The Pacific Energy name and new logo reflects the next step in our growth strategy dedicated to providing cleaner energy for North American markets and growing Asian economies. Our refreshed branding also […]

Turkey, Iran find soft power tricky

By James M. Dorsey The times they are a changin’. Iranian leaders may not be Bob Dylan fans, but his words are likely to resonate as they contemplate their next steps in Iraq, Iraqi Kurdistan, Lebanon, and Azerbaijan. The same is true for Turkish President Recep Tayyip Erdogan. The president’s shine as a fierce defender of Muslim causes, except for when there is an economic price tag […]

First bitcoin futures trading this week

Arabian Post Staff The first bitcoin futures ETF will begin trading this week, marking a milestone in the development of crypto industry. The futures product has been approved by the Securities and Exchange Commission. The debut will be with ProShares, a filing from the company indicated. This means the exchange will allow investors to trade the funds as allowed under federal law without SEC intervention. The ProShares Bitcoin […]

VAT refunds record 107% growth

Arabian Post Staff The Federal Tax Authority (FTA) has processed more than 9,640 requests to recover Value-Added Tax (VAT) incurred by UAE nationals on building their new residences by September 2021 – more than 107.1% growth from the figure reported in the first nine months of 2021 compared to the total number of processed requests until the end of 2020. In a press statement, the Authority highlighted […]

Pakistani Taliban a cause of concern for Islamabad

By Manish Rai  The attacks carried out by Tehrik-e-Taliban Pakistan (TTP) aka Pakistan Taliban have increased to the highest level in over four years as the US left Afghanistan and the Afghan Taliban took power. TTP has been emboldened by the developments in next-door Afghanistan. This has complicated the internal security scenario for Pakistan as the country is also fighting the Baloch insurgency in its province of […]