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Matein Khalid The history of Wall Street has taught me to be nervous on Mondays in October. This Monday is also crowded with meetings with strategic partners and friends from across the seas and the Gulf. So my market call must be short and sweet. I had given 10 reasons why September augured to be a dodgy month for the US stock market. Despite Friday’s impressive index […]

Asia’s First Alternative Financing Initiative Aims to Provide More Growth Opportunities for ESG-Focused SMEs Globally SINGAPORE – Media OutReach – 5 October 2021 – Global invoice financing marketplace, Incomlend, has partnered with European alternative asset manager, Fasanara Capital, to launch a global US$60 million alternative financing programme for Small and Medium Enterprises (SMEs) focused on Environment Social, and Governance (ESG). The new initiative, named Incomlend ESG Invoice Financing Programme, […]

Facilitating technology advancement by strengthening ICT connectivity and scaling in the cloud HONG KONG SAR – Media OutReach – 5 October 2021 – DYXnet, a member of NEOLINK (sub-brand of VNET) and a leading carrier-neutral network service provider in Greater China, is pleased to be named the winner in the ICT Technology category of the HKB Technology Excellence Awards 2021 by Hong Kong Business magazine for its comprehensive IT […]

Anahí Rebatta Hold on, let me quickly grab my crystal ball. Okay. Now that I’ve got that, let’s see what it says about the future of the global internet. (And let’s all agree that by “crystal ball” I mean “notes from our 2021 Global Internet Geography update.”) The combined effects of new internet-enabled devices, growing broadband penetration in developing markets, higher broadband access rates, and bandwidth-intensive applications are poised […]

TOKHIT and Welthee, two award-winning startups with disruptive blockchain-based visions, announced their plans to make their official Middle East debut from the United Arab Emirates, the two companies announced. TOKHIT, the first gamified social network that allows cost-effective and fast production of native NFTs, enables Digital Content Creators to produce various streams of Automated Income with the use of of NFT and Blockchain Technologies. Successfully launched in Switzerland in 2020, Welthee is a disruptive zero commission, variable […]

Arabian Post Staff  During September, the Dubai Gold and Commodities Exchange (DGCX) once again registered a high monthly Average Open Interest (AOI), amounting to 154,629 contracts. Open interest is an indicator of the total number of futures contracts held by market participants at the end of the trading day – and the significant increase over the last few months reflects a growing appetite from market participants. Following […]

Arabian Post Staff Expo 2020, which just got under way with the kind of fanfare typically characteristic of Dubai, is expected to lead to a significant rebound in tourism and other domestic economic activities. The prestigious show is also expected to greatly add to the emirate’s attraction for highly skilled professionals and support private sector employment, increase trade and foreign investment, and harness the benefits of technology, […]

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Matein Khalid Brazil stock market performance unfortunately vindicates General Charles de Gaulle’s morose prediction “Brazil is a country of the future and always will be”. In my Wall Street salad days, we were neurologically programmed to buy Brazilian equities when crude oil/soft commodities price boomed, when the global economic growth was in acceleration mode and when a right wing pro-Uncle Sam President with close ties to the […]

MANILA, PHILIPPINES – Media OutReach – 1 October 2021 – Global skincare brand POND’S partners with Southeast Asia’s leading e-commerce platform Lazada to launch their biggest regional beauty campaign of the year—POND’S x LazMall Glow Like Wendy Live Event on 7 October at 6pm featuring POND’S new brand ambassador Wendy from Red Velvet, one of the world’s most popular K-Pop groups. Wendy is the face of POND’S for the first ever […]

NEW YORK, US – ACCESSWIRE – 2 October  2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which New England Investment & Retirement Group, Inc. (“NEIRG”), a registered investment adviser headquartered in North Andover, MA, will join Connectus Wealth Advisers (“Connectus”). The transaction is expected to close in the fourth quarter of 2021, […]

Arabian Post Staff IMF has forecast a gradual recovery by the UAE economy in 2021, supported by the country’s early and strong health response, continued supportive macroeconomic policies, and rebound in tourism and domestic activity related to the delayed Expo 2020. The Fund expects non-oil GDP growth to exceed 3 percent this year, and to improve further in the medium-term, while oil GDP will continue to grow […]

NEW YORK, US – ACCESSWIRE – 1 October 2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which MISSO Wealth Management (“MISSO”), a boutique wealth management firm headquartered in Brisbane, Queensland, will join Connectus Wealth Advisers (“Connectus”). This transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions. Founded […]

The needs of people are growing every day in the modern world. As a result, the question of how to provide yourself and your family with a stable level of income becomes especially acute. The number of jobs and opportunities to earn money has decreased during the pandemic. At best, people’s incomes have remained at the same level, at worst, they have fallen drastically. Unfortunately, most of […]

Revenues up by 81% to £49.6 million in first half of 2021 EBIT increase by 271% to £3.0 million vs first half of 2020 MBH Corporation now comprises 25 companies across 8 verticals LONDON, UK – EQS Newswire – 30 September 2021 –  (OTCQX:MBHCF)(FRA:M8H) The Directors of MBH Corporation PLC (“MBH”), a diversified investment holding company, are pleased to release the results for the half year ended […]

Drive for better with the new Euro 5 Quester and Croner trucks, with feature enhancements that boost profitability by doing more with less to overcome critical resource constraints. SINGAPORE – Media OutReach – 30 September 2021 – UD Trucks today unveiled a new Euro 5 range for the well-established Quester (heavy-duty) and Croner (medium-duty) trucks. The upgrade also boasts enhanced features that will improve uptime, enhance efficiency, and optimize […]

Featuring high current rating, high density and flexible control functions, the new point-of-load DC-DC converter is ideal for complex and high current applications DENVER, COLORADO – Media OutReach – 29 September 2021 – Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today introduced the Artesyn LGA110D, a 110 amp-rated, non-isolated digital point-of-load DC-DC converter. The latest addition to the […]

Arabian Post Staff Residential property values in the UAE’s two largest cities, Dubai and Abu Dhabi, have expanded at their fastest pace since 2015, according to provisional data for the third quarter from global property consultancy, Knight Frank. According to Faisal Durrani, Partner – Head of Middle East Research, the UAE’s decisive, rapid and world leading response to the pandemic has caught the attention of the world’s […]

Organic sales to grow by an average of 4.0 to 6.0 percent annually through 2026 Record EBITDA margin before restructuring charges of more than 15 percent expected by 2026 Tapping new opportunities in the dynamic New Food market and the service business to drive profitable growth Company commits to ambitious climate and sustainability targets LONDON, UK – EQS Newswire – 29 September 2021 – GEA Group presents […]

Judges praise GBG’s technology for reducing false positives and improving fraud detection SINGAPORE – Media OutReach – 29 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has today announced it has won the award for Best AI or Machine Learning Innovation of the Year from Asia Risk Awards 2021.   The biggest challenge faced by financial institutions today […]

NetApp ranked first in All-Flash Array and Open Networked market share by vendor revenue in Taiwan, and first in All-Flash Array market share by vendor revenue in both India and Hong Kong, for Q2 2021 SINGAPORE – Media OutReach – 28 September 2021 – Global cloud-led, data-centric software company NetApp (NASDAQ: NTAP) today announced that it has achieved double-digit percentage growth, year-on-year, in the All-Flash Array (AFA)[1] and Open Networked[2] […]

Arabian Post Staff Dubai’s non-oil external trade surged 31 percent in the first half of 2021 to reach AED722.3 billion from AED550.6 billion in the corresponding period in 2020. Exports grew 45 percent year on year (YoY) in H1 2021 to AED109.8 billion from AED75.8 billion, which supports the goal of the 10 x 10 programme (one of the nation’s ‘Projects of the 50’ initiatives) to increase […]

Enhanced AI and Machine Learning Functions Enable Users to Gain More from Precise Decision in Stock Selection and Investment in the Hong Kong and U.S Stock Markets HONG KONG SAR – Media OutReach – 24 September 2021 – Finetic, a Hong Kong-based intelligent stock selection and investment education platform  has developed its own AI-assisted investment analysis system, which provides weekly picks of quality stocks in major global markets, including  […]

Thirteen companies join Microsoft to increase employability of female technical talent and nurture entrepreneurs across Asia Pacific SINGAPORE – Media OutReach – 23 September 2021 – Microsoft and 13 companies across nine Asia Pacific countries today launched Code; Without Barriers to help close the gender gap in the region’s fast-growing cloud, artificial intelligence (AI) and digital technology sectors.   The program provides a platform to enable female developers, coders, and […]

In a world where employers no longer hold all of the cards, the fourth annual report provides a roadmap for organisations as they move out of crisis and look to refine or rebuild their cultures SALT LAKE CITY, UTAH – Media OutReach – 23 September 2021 – O.C. Tanner, the global leader in employee recognition and workplace culture, today announced the release of its 2022 Global Culture Report. In […]

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