By Arabian Post Staff Already struggling to grapple with a crisis of unprecedented proportions, the coronavirus outbreak is the last thing that Dubai and the UAE would have liked to see happen. Moody’s noted in one of its latest reports that the timing of the outbreak is particularly bad for the hospitality industry because it is has unfolded as the Lunar New Year gets underway. The holiday […]
(Source: https://pixabay.com/illustrations/diabetes-disease-diabetic-health-2058045/) Type 2 diabetes is the most prevalent type of diabetes around the world. This happens when your blood sugar levels rise due to problems with the production or use of insulin. Diabetes type 2 can happen to people of all ages; however, it mostly occurs to people above 45 years. Although diabetes is incurable, it is not a life sentence. According to the International Diabetes […]
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 Matein Khalid NMC Health PLC, the UAE’s leading private operator of medical clinics and hospitals with a footprint in 17 countries was founded by Abu Dhabi based Indian-Udupi businessman B. R. Shetty and listed on the London Stock Exchange. NMC plunged a shocking 45% in five trading sessions after Carson Block of Muddy Waters Capital, one of the world’s preeminent short selling specialist hedge funds, accused […]
By Matein Khalid I had recommended buying the Tadawul ETF iShares MSCI Saudi Arabia (symbol KSA on NYSE) on November 30 to benefit from the post-IPO surge in the price of the Saudi Aramco IPO shares on the Tadawul. This tactical trade was a beauty even before Saudi Aramco shares soared 20% on its Thursday December 12 to peak at 38.7 Saudi riyals (SAR). As I expected, […]
Buying engagement rings can be exciting and challenging at the same time. There are so many rings to choose from, and you don’t want to buy knock-offs. This is one of the most significant purchases you have to make so you don’t want to mess it. You don’t get engaged every day, so when the time comes, you have to make it special with the perfect […]
By Arabian Post Staff Saudi Arabia has unveiled a 2020 budget that projects a budget deficit of 6.4 percent of GDP. This is much higher than the figure for 2019, which was estimated at 4.7 percent. The 20220 budget indicates total expenditures of SAR 1,020 billion, and SAR 833 billion of projected revenues. For FY 2019, it is expected that the actual expenditures will reach SAR 1,048 billion and total actual revenues are expected […]
By Matein Khalid I had recommended SAP shares at €82 in the Gulf financial press in early 2018 as its then CEO Bill McDermott committed the firm to the digital transformation of the UAE at Dubai’s World Government Summit. I published a second article on August 7, 2019 tilted “German software colossus SAP shares will more than double by 2023!”. The shares were €104 in Frankfurt on […]
In an event held at the UAE’s only ecological school, the Arbor School, the Finnish Expo 2020 Dubai pavilion and the real-life Finnish Santa Claus highlighted the importance of adopting and adapting a circular economy in order to combat the current climate crisis the world is facing and empowering our youth to be part of sustainable change. The Arbor School was selected to host Santa Claus due […]
By Matein Khalid I first encountered Lebanon as a teenager after the fabled Choueifat College opened its first UAE campus in Sharjah, fleeing the civil war in the Chouf. My ignorance of the country I was to know and love as my own patrie was monumental. When a classmate told me he was a Darzi, I assumed his father was a tailor since Darzi means “tailor” in […]
By Arabian Post Staff The changing landscape of the US$360 trillion (Dh1,321 trillion) global wealth is now more than four times the global GDP of US$88 trillion. The wealth per adult reached a new record high of US$70,850, or 1.2% above the level of mid-2018 with Switzerland topping the biggest gains in wealth per adult this year, according to a latest report by Credit Suisse. Aggregate global […]
By Matein Khalid I literally laughed when I heard that Goldman Sachs put a valuation range of $1.6 to $2.3 trillion on the Saudi Aramco IPO. One, a valuation range of $700 million only means the Goldie analyst bankers (deal promoters?) are clueless about what Saudi Aramco is really worth. Two, I cannot fathom how the financial markets will assign a valuation of 17 to 23 times […]
Bahrain has been ranked among the top-10 most improved economies in the world in this year’s Doing Business 2020 report, up 19 places to 43rd place since last year in the World Bank’s assessment of 190 countries. The most improved economies are selected based on the number of economic programs and legislative reforms each country has enacted, and on how much their ease of doing business score […]
You’re splashing on an awesome set of shoes on the web. They’re coming after weeks of excitement. They’re too close (don’t worry, scale chart!!). Or maybe the legs are of course two different lengths and maybe you only had to get those heels out of the clearance rack and though they’re quarter-size too low. Usually, shoes loosen normally as you carry them from location to location, but […]
Hassan Ali Mansoor Although the world is faced with geo-political and geo-strategic challenges that are destabilizing markets and economies across the globe, to its credit, the U.A.E. banking sector continues its march towards growth. One of the essential hedges or stabilizing pivots for the banking sector besides the across the sector positive reforms carried out by the UAE Central Bank are sukuks which are Islamic bonds. Put […]
Many people think that poker is a very complicated game, but it is not true at all. There are many misconceptions that say that poker is the only game for pro players. But every game is tough when you don’t know about the game. Thus these misconceptions are wrong about the gameplay of poker. Moreover, it is a very easy game once you start to learn how […]
By Arjavi Indraneesh It is a no-brainer that when there is an increase in digital payments, a proportionate rise in fraud is a given. But India’s payment digitisation programme has gone ahead without a requisite improvement in the infrastructure for fraud detection and prevention. Over the past five years, the volume of digital payments has grown by a factor of 10 and an additional growth of 10 […]
By Saifur Rahman Valletta, Malta: The Government of Malta is seeking greater ties with the Gulf countries and India, in order to accelerate its economic growth, highest among the European Union countries, a top official said. The country is also expected to make the best use of the World Expo 2020 in which it is preparing a three-pronged strategy to promote its culture, economy and heritage through […]
Blackjack rules vary from casino to casino, but the most common gameplay used is the Hit or Stand gameplay based on the rules used in Las Vegas casinos. The fact that there isn’t a set rulebook for blackjack makes learning strategies that much harder. There is hope; however, as there are many rules that are basic enough that they remain the same. It is a good idea […]
By Matein Khalid The S&P 500 index trades at 2990 as I write. The risk-reward calculus on the broad index no longer flashes a buy signal to me. The economic data around the world has deteriorated at an accelerating pace, as the decline in global PMI’s, 9% fall in German factory orders and $13 trillion in in government debt trading at negative interest rates attest. Commodities prices […]
Millennials are the generation that’s influencing almost everything today. From trends to which brands will be popular and which ones won’t be, etc. Millennials have so much influence in our everyday lives that we aren’t even aware of how significant impact they have. Our digital marketing agency Dubai concluded that if something isn’t “trendy”, it’s because this generation decided that way. That “untrendy” company can do whatever […]
By Manish Rai Recent attacks launched by Houthis rebels on critical installations of Saudi Arabia has demonstrated a significant leap in their capabilities. The story of how Ansar Allah (official name of Houthi movement) moved from small-arms ambushes to medium-range ballistic missile and sophisticated drone attacks deep inside enemy territory in just half a decade illustrates that how an ambitious militant group can capture and use a […]
The foreign exchange market is gaining in popularity as more exposure of how it works spreads online. It is the world’s most traded market, turning over more than $5 trillion every day and it is openly accessible and relatively easy to start. One of the key attractions of forex is that the market operates 24 hours a day. There isn’t any one centralized place for forex – […]
/By Matein Khalid/Are we on the precipice of another spasm of intercontinental contagion in the emerging markets like 2018, or the Asian flu, tequila crisis, Russian rouble default or the Turkish banking crisis in the 1990’s. Yes. The Shanghai Composite Index has plunged 12% and (17% fall for Shenzhen) since Trump got nasty on the tortuous US-China trade dialogue. The IMF cut its global growth forecast to […]
