Safecom Mobile and Durabook Forge Powerful Distribution Partnership

Safecom Mobile and Durabook have joined forces, creating a dynamic collaboration that capitalises on their unique strengths. This strategic alliance is positioned to meet the growing demand for rugged tablets and laptops in Southeast Asia, encompassing Singapore, Malaysia, Thailand, Brunei, Indonesia, and the Philippines. With a strong focus on quality, responsive technical support, and proactive sales services, Durabook’s products are poised for expansion through Safecom Mobile’s expertise.
Annual Investment Meeting launch Arab China Unicorn Investment Conclave

The 12th edition of The Annual Investment Meeting (AIM) hosted the China Top 50 Unicorns. The event took place at the Innovation and Technology Track located at the Abu Dhabi National Exhibition Centre, and brought together investors, startups, and innovators from the UAE and China.
Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up

The United Arab Emirates’ plans for a corporate tax risk eroding one of its main attractions as the Gulf’s premier destination for foreign firms, at a time when Saudi Arabia is opening up and pressuring multinationals to shift regional headquarters there.
AirAsia changes name to Capital A as it grows beyond an airline

Malaysia’s AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.
Locked in hotels: Hong Kong’s COVID-19 rules take mental toll on Cathay pilots

One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
EXCLUSIVE Abu Dhabi’s ADNOC weighs IPO of logistics and services unit next year- sources

State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.
SoftBank dragged into red by falling Vision Fund valuations

SoftBank Group Corp (9984.T) reported a 397 billion yen ($3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell.
Business jet makers look to tap surging corporate travel demand at Las Vegas air show

Planemakers are likely to unveil new orders and models at the world’s largest business jet show this week as they aim to cash in on a boom in private travel, but executives warn of headwinds due to a capacity crunch.
To combat food shortages, Sri Lanka targets hoarders and bad traders!

Covid 19 has put the entire world in a difficult situation. People are fighting to survive not only the infection but also in a variety of ways. As a result of the lockdown, people are facing joblessness, food scarcity, and a lack of essential products. Services for export and import have also been halted for […]
Fed officials express skepticism about a U.S. central bank digital currency

Two Federal Reserve officials on Monday expressed strong skepticism about the need for the central bank to issue a digital currency, saying that many dollar transactions are already virtual and some of the potential benefits of an official digital currency may be accomplished through other means.