As President Joe Biden walked through the doors of the Oval Office last year, high on his agenda was bringing some normalcy to the country’s increasingly contentious relations with military superpower Russia. After all, he had sought to calm nerves by touting all throughout the campaign his decades of foreign affairs experience to restore the geopolitical US-based order and deal with the many headwinds prevailing in the […]
Bjørnar Tonhaugen According to prices in the market, and numerous market observers, the world is not producing enough oil to keep up with near-term demand. Are we facing the start of a major supply crunch in the upstream world of oil like for natural gas? As global demand recovers from the pandemic, could we be near exhaustion of short-term production capacity, which means that the drop in […]
By James M Dorsey Saudi Arabia and the United Arab Emirates have drawn praise for social reforms that have domestically reduced the role of religion in public life, enhanced women’s rights, and, in the case of the UAE, catered to non-Muslim lifestyles. Yet, Saudi and Emirati efforts to position their countries as the Muslim world’s beacons of an autocratic notion of moderate Islam have done little to […]
HANOI, VIETNAM – Media OutReach – 8 January 2022 – VinAI, the world’s top 25 AI research-based company, makes the first in-person debut of its cutting-edge product suite at the 2022 Consumer Electronics Show (CES). VinAI showcases multi-object video analysis solution Smart Edge at CES 2022 Hailed as the most prominent tech affair, CES has been a global stage for the industry’s next-gen technologies for 50 years. Gathering thousands […]
Residential values in the world’s tallest building – The Burj Khalifa, have climbed 23%, according to analysis carried out by global property consultant Knight Frank to mark the 12th anniversary of Dubai’s iconic global landmark. At almost AED 2,100 per square foot, the Burj Khalifa falls squarely into the luxury category. Indeed, prices in the world’s tallest building rose by 23% last year, compared to a more modest […]
Dubai’s general budget for the fiscal cycle of 2022-2024, with a total expenditure of AED181 billion supports Dubai’s efforts to stimulate the macroeconomy and the objectives of the Dubai Strategic Plan 2030. The new general budget reflects the emirate’s determination to accelerate post-pandemic economic recovery and achieve the leadership’s broader goals to stimulate entrepreneurship, enhance society’s happiness and consolidate Dubai’s position as a land of opportunities and […]
By Peter Garnry India looks like the next China in terms of growth, infrastructure investments, market reforms, technology IPOs and subsequent returns for shareholders, and urbanisation. Indian equities have been one of the best equity markets over the past 20 years growing earnings 10% annualised and we believe this trend will continue over the next 10 years with extraordinary returns for investors. But India’s huge growth and […]
By James M Dorsey Long banned, Christmas has finally, at least tacitly, arrived in Saudi Arabia; just don’t use the name in marketing or be ostentatious about your tree. Coffeeshops serving beverages in red cups with snowflakes on them are ok. So is the sale of soap bars named ‘Tis the Season and Vanilla Bean Noel. Christmas trees that sell at up to US$3,000 a piece are slightly […]
Deeper Connect Pico is the world’s first and only decentralized VPN (DPN) and secure gateway hardware device, connecting you to public & un-protected wi-fi with peace of mind. Designed to […]
By Dr. Nir Boms The new sounds of “tolerance, peace and prosperity” that come from the Gulf are often treated with suspicion – a cliche aimed at obfuscating the newfound autocratie in the region. However, while slogans might be cheap – actual changes made on the ground should be noted. The United Arab Emirates moral education curriculum reform is telling of the vision that the country’s leaders […]
Arabian Post Staff Abu Dhabi has set its sights on Belgium, as a leading global pharmaceutical hub, to establish a global distribution corridor to serve the world in vaccine delivery and future life science needs. The collaboration builds on the capabilities of Abu Dhabi’s healthcare sector as a leading life sciences hub and the efforts of the HOPE Consortium in providing vaccine solutions for the world. This […]
Arabian Post Staff Borouge, a leading petrochemical company providing innovative, value-creating polyolefin solutions, announced today the award of the Engineering, Procurement and Construction (EPC) contracts for the world-scale fourth expansion of its manufacturing complex in Ruwais, Abu Dhabi (“Borouge 4”). ADNOC and Borealis AG recently signed a strategic partnership that confirms a $6.2 billion (AED22 billion) investment agreement to build Borouge 4. The EPC award underscores Borouge’s […]
By James Dorsey A cursory look at Saudi Arabia and Iran suggests that emphasizing human rights in US foreign policy may complicate relations but has little impact on regional stability or the willingness of protagonists to reduce tension and manage conflicts when it is in their interest. A post 9/11 US emphasis on human rights was not what inspired homegrown popular Arab revolts over the past decade […]
By James M Dorsey The United States has signalled in advance of next week’s Summit for Democracy that it is unlikely to translate lip service to adherence to human rights and democratic values in the Middle East into a policy that demonstrates seriousness and commitment. In a statement, the State Department said the December 9-10 summit would “set forth an affirmative agenda for democratic renewal and to tackle […]
By James M Dorsey Russia hopes to blow new life into a proposal for a multilateral security architecture in the Gulf, with the tacit approval of the Biden administration. If successful, the initiative would help stabilise the region, cement regional efforts to reduce tensions, and potentially prevent war-wracked Yemen from emerging as an Afghanistan on the southern border of Saudi Arabia and the Gulf of Aden and at the […]
By James M Dorsey It has been a good week for United Arab Emirates Crown Prince Mohammed bin Zayed. Headline-grabbing, fast-paced moves reinforce the UAE’s position as a regional power. They highlight the UAE’s willingness to chart a course that increasingly competes with Saudi Arabia, the Gulf’s regional behemoth; is at times at odds with US policy; and scoffs at assertions of human rights abuse by activists […]
Arabian Post Staff A new and unchartered type of price war is brewing in the oil market. The world’s biggest consumers of oil have pledged an unprecedented and relatively sizeable release of strategic reserves onto the market to quell high oil prices amid pandemic recovery. The orchestrated release of what is estimated as 71.5 million barrels from the US, China, India, Japan, South Korea, and the UK […]
Arabian Post Staff The Abu Dhabi National Oil Company (ADNOC) announced record investments worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the UAE. The announcement was made at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) and follows the recent […]
Arabian Post Staff Pandora Papers have made fresh disclosures about a trove of secret records obtained by the International Consortium of Investigative Journalists, revealing that the UAE is home to a raft of shady players in the offshore world. Among them: A Belgian tycoon accused of profiting from the smuggling of “conflict gold” ripped from violence-torn regions of the Democratic Republic of Congo. An internet mogul from […]
James M Dorsey The family of nations is balancing on the edge of an abyss as mushrooming religious and ethnic intolerance becomes the norm. Western as well as non-Western societies have helped paved the road towards the abyss: the West by abandoning the post-World War Two principle of ‘Never Again’ and the non-Western world by never embracing it and failing to adopt the principle of ‘forgive but […]
Arabian Post Staff Dubai Airshow 2021, set to be the biggest Airshow held in the UAE to date, will welcome members of the general public, families and children to witness the daily flying display from the purpose-built Skyview Grandstand, at Dubai World Central, Al Maktoum International Airport, the home of the Airshow, taking place from 14-18 November. The flying teams include Al Fursan, the United Arab Emirates […]
Evorich community members celebrated the 7th anniversary of MLCI business and the company’s birthday at the large-scale business forum EVENTI 2021, which took place in October in Dubai. In addition to speeches, testimonials, awarding of leaders and training sessions, the event saw the launch of the new line of perfumes EvoScent created by the renowned perfumer Ramón Béjar specifically for Evorich. Ramón Béjar developed a limited collection […]
SINGAPORE – Media OutReach – 9 November 2021 – Champs Industrial, Singapore’s leading manufacturer of water treatment, sterilization and filtration solutions, is pleased to announce the launch of the world’s 1st UV-C LED water purifying straw – LUMISTRAW. This innovative and revolutionary new product incorporates the use of the most advanced UV-C LED technology and novel flow cell design to create a disinfection system that is highly effective, efficient […]
The Winner will receive US$50,000 of Prize Money! All Submissions will be Made NFTs and be Sold on UCOLLEX! HONG KONG SAR – Media OutReach – 1 November 2021 – “Arousing the public’s interest in digital art, and enabling more people to enjoy art through its production, appreciation and transaction.” This is the aspiration of Terukazu Ikeda, company representative of P.A.I.N.T. Inc, who has just announced “Limits Battle”, a […]
