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MG Motor presents four electrified vehicles at Dubai exhibition // Crescent Enterprises venture arm funds Oyster Therapeutics development // Fujairah highway pile-up leaves 14 dead and 30 injured // ONYX Hospitality Group Unveils Plans for Amari Samui Resort and Villas, Elevating Its Premium Resort Offering on Koh Samui // Court reinstates Police association rejig order // Musk expresses willingness to recruit Nvidia chief Huang // Electric and hybrid interest rises at Sharjah car market // How A Newly Elected Democratic Congress Could Reshape US–India Relations? // Modi ally flags youth opportunities gap despite growth // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Forged court directives trigger probe into website blocking // Uforce reaches $6 billion valuation with British backing // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Ladakh Ban On Protests Ahead Of Election Is Uniquely Contentious // Nvidia appoints Colette Kress interim chief after Huang departure // Wizz Air half-year earnings sink as fuel costs surge // Valarmathi restarts fast as teachers defy police // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // Turkish Airlines adds Chengdu to mainland China services //

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SINGAPORE – Media OutReach – 8 October 2021 – Rentokil Initial has released a new global hygiene report, The Global Hygiene Reset, examining the pandemic’s influence on people’s attitudes, behaviours and expectations about hygiene. The world’s leading pest control and hygiene services provider surveyed 20,000 people across 20 countries in EMEA, APAC and AMER to build a global perspective.   Key findings 70% of people surveyed have higher hygiene expectations […]

HONG KONG SAR – Media OutReach – 7 October 2021 – Reckitt Taiwan is crowned the ‘Best Companies to Work for in Asia 2021’ award by HR Asia, an authoritative regional publisher in HR industry. This reputable award recognizes Reckitt Taiwan’s outstanding performance under the challenge of the COVID-19 epidemic in terms of working environment, employee care, talent cultivation and development strategies. “We are honored to be named the winner […]

Arabian Post Staff Oil prices are currently ruling at such levels that they carry quite some risk for traders, with today’s wild fluctuation illustrating their fragility and vulnerability to market developments. As Monday’s OPEC+ policy decision does not relieve the market tightness further in coming months, oil prices continued their stunning rally this morning. Despite the bullish morning, the API estimate that US crude stocks built last […]

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, […]

K Raveendran There is a certain confrontation developing between Airports Council International, the umbrella boy of airports, and the International Air Transport Association (IATA) regarding what the association considers as high airport charges. At the just concluded annual general meeting of IATA, the apex body for the promotion of air travel, warned that plans to increase charges by airports and air navigation service providers (ANSPs) will stall […]

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 […]

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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, […]

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 […]

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 […]

SINGAPORE – Media OutReach – 1 October 2021 – LCH, a leading global clearing house, has announced that its SwapClear service is preparing to extend its traditional operating hours to 24 hours a day, five days a week in March 2022. This will better support market participants in the Asia Pacific region and will be implemented in two phases.   As part of the first stage of […]

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 […]

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 […]

James M Dorsey For at least the last two decades, the United Arab Emirates, aided by some of the world’s foremost consulting and public affairs companies, has waged one of, if not the Middle East’s most successful nation branding campaign. The campaign has been supported by cutting edge technological and economic initiatives; a bold and assertive foreign policy backed by the UAE’s financial and military muscle; a […]

Matein Khalid I had recommended a strategic buy on Airbnb (ABNB) at 137 in July after a 20-point hit as I saw multiple catalysts for a bull run (https://lnkd.in/gEfT4Bwy). Since ABNB opened at 176 on Nasdaq today, I have now decided that I have to milk this cow via leveraged longs/put sales/out of the money calls to an obscene scale and the risk/reward calculus on high valuation […]

DUBAI, UAE – Media OutReach – 27 September 2021 – StashAway has launched Thematic Portfolios. StashAway’s Thematic Portfolios include three themes: Technology Enablers, The Future of Consumer Tech, and Healthcare Innovation. The portfolios feature ETFs from some of the world’s top fund managers, including ARK Invest, iShares, Global X, and VanEck.   Since 2018, the amount of assets in thematic funds globally have grown at an annual rate of 37%. […]

SINGAPORE – Media OutReach – 27 September 2021 – StashAway has launched Thematic Portfolios. StashAway’s Thematic Portfolios include three themes: Technology Enablers, The Future of Consumer Tech, and Healthcare Innovation. The portfolios feature ETFs from some of the world’s top fund managers, including ARK Invest, iShares, Global X, and VanEck.   Since 2018, the amount of assets in thematic funds globally have grown at an annual rate of 37%. In […]

James M Dorsey A year of diplomatic relations between the United Arab Emirates and Israel has proven to be mutually beneficial. The question is whether the assumptions underlying the UAE’s initiative that led three other Arab countries to also formalise their relations with the Jewish state will prove to be correct in the medium and long term. UAE Crown Prince Mohammed bin Zayed laid out the strategic […]

Matein Khalid Brent crude has now reached a post-pandemic high of $77 and reinforced my conviction that energy will be the best performing sector of September 2021. Saudi Arabia and Russia have ignored the Biden White House’s call to pump more oil and the quota discipline in OPEC+ is intact while Libyan oil remains offline due to the civil war and the US’s Afghan debacle means Biden […]

HONG KONG SAR – Media OutReach – 24 September 2021 – Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for ESG (environmental, social and governance) investing grows, so does the […]

Matein Khalid My call to buy the US stock market last night when the Dow was down 850 to 950 points is a money maker for now, as the Dow futures are up 250 points in the pre-market after an incredible 300 point rally in the last hour of trading on the NYSE last night. Faint heart never won fair lady or sold index put spreads at […]

CTBC Bank has gone live as a client clearing FX derivatives at LCH UBS acted clearing broker for the trade ForexClear’s continues to grow its client base in Asia and globally – members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies Implementation of phase 5 of the uncleared margin rules (UMR) took effect from September 2021, impacting firms […]

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Just in:
Microsoft outage leaves Outlook and Teams users disconnected // Saudi fund assets forecast to cross $400 billion // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Nvidia appoints Colette Kress interim chief after Huang departure // Valarmathi restarts fast as teachers defy police // Modi ally flags youth opportunities gap despite growth // Electric and hybrid interest rises at Sharjah car market // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // High Court orders scrutiny of Thachankary hospitalisation // MG Motor presents four electrified vehicles at Dubai exhibition // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // Fujairah highway pile-up leaves 14 dead and 30 injured // Turkish Airlines adds Chengdu to mainland China services // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // How A Newly Elected Democratic Congress Could Reshape US–India Relations? // Wizz Air half-year earnings sink as fuel costs surge // Court reinstates Police association rejig order // Forged court directives trigger probe into website blocking //