text:
On a recent visit to the Middle East, which included stops in Saudi Arabia and the United Arab Emirates, Hong Kong's Chief Executive John Lee sought to emphasise his city's credentials as a global financial hub. Speaking in Riyadh, Lee announced that Hong Kong and Saudi Arabia are to launch formal negotiations on an "Investment Promotion and Protection Agreement." He outlined how "the agreement will further promote bilateral investment flows and strengthen the confidence of investors from both sides."
Perhaps the most significant news to break from this pledge of closer relations was that Saudi Arabia's state oil company, Aramco, could list on the Hong Kong Stock Exchange (HKEX). Given Aramco's fraught history on international markets, the potential listing starkly reveals the directions both Saudi Arabia and Hong Kong are heading.
The IPO That Never Was
In January 2016, Mohammad bin Salman announced that he was to sell 5% of Aramco through an initial public offering (IPO). He believed that this would raise $100 billion – valuing Aramco at $2 trillion. As a statement that Saudi Arabia was firmly among the great international economic and political powers, MBS wanted Aramco to list on one of the world's most important markets, preferably the New York Stock Exchange (NYSE).
However, this isn't quite how it played out. For one, investors were uneasy at the seismic valuation, with informal predictions in 2019 suggesting that the market valued Aramco at between $1.1 and $1.7 trillion. Perhaps more importantly, there were also several hurdles that Aramco failed to overcome.
Foreign exchanges, such as the NYSE, demanded standards of legal transparency and accountability that Aramco did not have to deal with in Riyadh. The company would have had to disclose whole swathes of information to the Securities and Exchange Commission. Furthermore, Aramco is a publicly-owned company whose primary purpose is to serve the Saudi state. The company often cuts or expands oil production (and therefore profits) depending on the aims of the Saudi Arabian government and where they want global oil markets to go. How do you square those goals with a listed company whose fundamental mission should be to offer maximum return to shareholders?
There was also a fear that, should Aramco float in New York, the company could be exposed to potential lawsuits in the US. Particularly in light of the case brought against the Saudi government by families of 9/11 victims, who claim the state was partly involved in the terror attacks, MBS feared that legal authorities, in the States and internationally, could target the company's assets more easily.
The Allure of Hong Kong
Eventually, MBS opted for a domestic listing, with Aramco floating on the Tadawul Stock Exchange in Riyadh. The IPO was record-breaking: raising a historic $25.6 billion and nearing a $1.9 trillion valuation on the first day of trading, not far off the initial $2 trillion target. However, there was also a lingering disappointment in some Saudi circles that Aramco had failed to go public in New York or another global financial hub.
A secondary listing in Hong Kong – Aramco's business is highly diversified, with different subsidiaries that could list away from Riyadh – would make sense for several reasons. While Hong Kong has undoubtedly declined as a financial hub, with Singapore now widely considered to be Asia's top financial centre, the city still holds considerable prestige and clout. A listing in Hong Kong would not quite replace the "listing that never was" in New York but would nonetheless reemphasise Saudi's credentials as an economic power of international importance.
Geopolitical Shifts
Deeper engagement with Hong Kong would also send a signal to America that Saudi Arabia is ready to engage much more deeply with their rivals, including China. Relations between Riyadh and Washington have declined since the election of President Biden, who vowed to make the Gulf state an international "pariah." Biden was subsequently infuriated when, despite him visiting the country to urge the opposite course of action, Saudi Arabia voted with Russia at OPEC to cut oil supplies and keep prices higher.
Jaejoon Woo, former Director and Chief Korea Economist at Bank of America Merrill Lynch in Hong Kong, believes that the potential listing reflects shifting geopolitical trends.
"I think a couple of things are happening here," Woo told Disruption Banking. "Last December, Saudi Arabia and China signed a strategic partnership agreement on a range of areas, from oil to security. The potential Aramco listing in Hong Kong can be viewed as another concrete step towards strengthening their ties. This is happening at a time when the US appears to be disengaging from the Gulf and China wants to expand its influence there."
A Prize for Hong Kong?
The move would be beneficial for Hong Kong, too, which is desperate to prove its status as an international financial centre after years of its reputation being undermined. The repressive measures China took to reintegrate Hong Kong into the Chinese mainland, as well as the three long years of "zero Covid" lockdowns, have led to significant outflows of international bankers from the city. Given this desperation, and given the fact that Hong Kong is slowly dropping its adherence to the rule of law, it is far from inconceivable that the authorities could allow Aramco to circumvent the kind of auditing and compliance standards that prevented its listing in New York.
"Hong Kong's new leader, John Lee, is now eager to re-establish Hong Kong's reputation as a premier financial centre after lifting the highly restrictive Covid measures that caused an exodus of foreign firms and its domestic residents over the last couple of years," Woo said. "In this context, listing such a giant company like Aramco in Hong Kong would be a wonderful showcase to signal that Hong Kong is back in business."
If Aramco were to list in Hong Kong, the question is whether this would be a blessing or a curse. It's certainly the case that Hong Kong needs a headline-grabbing mega-deal after years of isolation and economic contraction. But at what price? There is a risk that an Aramco listing would signal the city's ultimate submission into a more authoritarian and less transparent financial order. Is this a price worth paying? Only time will tell.
Author: Harry Clynch
#HongKong #SaudiArabia #Aramco #IPOs #InvestmentBanking


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This is how a political protest engineered in public relations offices threatens to turn into a storm that could drown parts of Israeli high-tech along with the rest of us. for democracy on paper"), the Torah affair came as part of the "high-tech protest".
Yesterday it was the announcement of Einat Gaz, the CEO of Papaya, one of the prominent startups in Israeli high-tech. Gaz tweeted that she intends to spend the company's funds held in Israel, and sparked a stormy discussion - relative to an industry that, compared to general politics, is considered sleepy. Gaz's tweet was viewed by no less than 200 thousand surfers.
Amit Segal wondered if Gaz intends to also spend the company's funds held in other countries, which are not considered the glory of democracy.
Tweeters and journalists questioned what the financial significance of the announcement actually was, in real life, but most supported it.
Apparently they saw the contempt and rejection the Phoenix CEO received following his words to "Globes", according to which no foreign investor asked him about the legal reform - and understood the hint. Sitting on the fence behind the scenes, many entrepreneurs wanted to jump on the bandwagon with similar announcements.
The high-tech protest, photo: Yehoshua Yosef
Among those who were willing to talk to the media, there was almost unanimity regarding the danger that the reform seems to pose, centered on a genuine fear of investors leaving.
The tweet continued to make waves, and shortly after Gaz's announcement, she was joined by another well-known figure in the local scene - venture capital investor Tal Baranach, who manages the money of wealthy families (Family Office) and veteran entrepreneurs, such as Mellanox founder Eyal Waldman, and the entrepreneurs of Wix, Iron Sources and others.
Baranach announced that following the steps the government intends to take as part of the legal reform, he was asked by the investors to prepare for the possibility of transferring funds from Israel.
But even if the things are true - it must be remembered that a large part of high-tech is still sitting on the fence and is silent.
We have not seen, and probably will not see, a real strike, one that would harm the current work and productivity.
A great many of the protesting high-tech people who speak in the media are CEOs of companies and venture capital investors, and fewer are ordinary workers. Workers do use the work's printers to make signs, but we have not seen a significant mass take to the streets and protest.
The high-tech protest, this week, photo: no credit
High-tech is not of one piece, even if there is an outflow of investors, it is very doubtful if it will be widespread and its impact will be significant.
Israeli high-tech is not of one piece.
It includes sufficiently established industries that are not all dependent on foreign investors, who may very well also be driven by a non-business agenda.
Alongside start-up companies and foundations, which are currently suffering from other difficulties due to macro-global conditions, companies are thriving in Israel, some of which are traded on the stock exchange and do not need investments.
These are defense companies, chip companies and development centers of the technology giants - who will not be in a hurry to take their operations out of Israel.
The high-tech protest, photo: Yehoshua Yosef
And the government should be told: it is not always advisable to respond with force to forceful measures, especially since there is a lot of it on the side of the protesters.
It is possible that under the conditions created, the government should not fortify its position, but rather perhaps expand the public debate around the reform.
If the right-wing government claims that it is right, it would be useful to present its arguments to the public as a whole, and not just to the public that elected it, and to mobilize its support.
For years the right claims to the left that it manages the public debate with slogans and not through persuasion.
Creating real damage, the protesters claim that the Levin reform will harm the rights of women, minorities or LGBT people. But on the other hand, it offers the business sector a huge candy - strengthening legal certainty.
The high-text protest,
Senior businessmen have been accepting the lack of so-called "legal certainty" for many years.
It is the one that has been keeping investments away from Israel for years, without which the economy has difficulty both increasing the pie and distributing it more equally and decently.
Thus, instead of supporting measures that would actually increase legal certainty and make it easier to do business in Israel, powerful elements in the high-tech and investment scene created a media storm that broadcasts to the world that the Israelis are at odds with each other, and that the paradise of innovation they have created in the Middle East suffers not only from uncertainty, but also from instability.
This is not a threat of harm.
This is real damage that local high-tech actors are now creating with their own hands.
It remains to be hoped that this discussion will soon be joined by other voices, who certainly exist in Israeli high-tech and academia, and who, at this stage, it seems, are still afraid to swim against the current.
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subset: commoncrawl


text:
Click here to view and discuss this page in DocCommentXchange. In the future, you will be sent there automatically.
Drops a semaphore.
DROP SEMAPHORE [ IF EXISTS ] [ owner.]semaphore-name
The owner of the semaphore. owner can also be specified using an indirect identifier (for example, `[@variable-name]`).
The name of the semaphore. semaphore-name can also be specified using an indirect identifier (for example, `[@variable-name]`).
Use this clause to drop a semaphore only if it exists. If a semaphore does not exist and this clause is specified, then nothing happens and no error is returned.
An error is returned to any connection that is waiting to decrement the semaphore.
You must have the DROP ANY MUTEX SEMAPHORE or DROP ANY OBJECT system privilege, or be the owner of the semaphore. For a temporary semaphore, you must be the connection that created the mutex.
Automatic commit, but only for permanent semaphores.
Not in the standard.
The following statement drops a semaphore called license_counter:
DROP SEMAPHORE license_counter;


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LucianaHi! I am Luciana from Argentina, nice to meet you! I came to Japan in June 2022 with Working Holiday visa because I am interested in Japanese culture, shrines, temples and nature. Also because I wanted to improve my Japanese language My travel in Japan started in Tokyo where I assisted to a school for three months (with no success of improving my Japanese hahah). Then I went to Osaka 2 months and worked in a hostel and a restaurant. After that, I spent one month in Wakayama working in a mandarines farm and now I am in Okinoerabu working in sugar cain and yagaimo farm. I will leave Okinoerabu at the end of April in order to travel to many places in Japan. My idea is going to Amami and Okinawa first, and then continuing traveling (I haven't decided where, yet) until June when my visa expires
AmikoHello! My name is Amiko from Japan I like to travel Middle East countries Trying to learn Arabic and Persian I'm a native in Japan I can give you useful information about Japan
YuHi everyone, I'm XinMin. I was born in small but beautiful island called Taiwan, and came to Japan as a student. I realize how big this world is since I went to LA in this summer vacation. Therefore I'm looking forward to be friend with different people from different culture in this big world! 😊👋👋 I can speak Taiwanese, Japanese, Chinese, English and start learning French in last month. Please be free to talk to me in any language of them! 😊
Can host for 3 daysI'm Yuki. Currently looking for travel buddy and friends Feel free to contact me! Available to host you (That depends)
Can host for 3 daysHello! My name is Amiko from Japan I like to travel Middle East countries Trying to learn Arabic and Persian I'm a native in Japan I can give you useful information about Japan
Can host for 1 dayI accept many guests by couchsurfin, have preciousmemories. We live in countryside. It is located on the way from Kumamoto to Takachiho called Mamihara.
CaseyI am an Australian traveller that hasn't done much travelling recently. I am so keen to get back into the world again.
AlisiaHi, my name is Alisia^^ I'm travelling to South Korea and Japan in April an May and I'm searching for people to meet up with:) It's my first time travelling alone. I'm from Germany and am currently studying medical computer science. In my free time, I love to read, to draw, to paint, to make music and to write. I like to travel slowly. I love to draw places that capture my eyes. I like to sit in Cafés and eat in restaurants. I need to have some down time in my plans, but I do like to have a full day of activities from time to time. If you live in South Korea or Japan or if you are staying there during April and May, hmu, I'd love to meet you!
OlaHey, I am Polish solotraveller living in Germany, let's meet on the way!
based on 12 experiences
Japan is very safe. Lived there for 2 years, and walked and rode trains everywhere. In Okinawa, for one year, I drove, hiked, and swam all over the island, mostly alone. No hassles or issues from anyone.
Japan is wonderful. I have been to Kyoto, Hiroshima, and Tokyo. Definitely recommend all of those places. And I would love to see even more. Japan is so so safe. It has an incredibly interesting culture and amazing food everywhere.
I absolutely loved Japan and spent part of my time there solo. I spent 4 days in beautiful Nikko walking in the forest, seeing beautiful views, and having a transcendental onsen experience there. I also had the opportunity to make ceramics which is a regional specialty. Kyoto was fascinating with one-half of the city steeped in older cultural traditions and the other half ultra-modern. In addition to the incredible food there, I fell in love with the matcha tea ceremony which I learned from a master and was blown away by the beauty of the bamboo forest and Fushimi Inari. Tokyo had some of the best Japanese food I've ever had (splurged on food here) and the markets were extra special to explore. Hakone is a beautiful resort town filled with onsen (heavenly) and I had the lovely experience of staying in a ryokan. Japan has so much to offer.
I went for 3 weeks, spent the first 5 days in Tokyo (perfect amount in my opinion - so much to see & do), then drove to Fuji where I stayed for another few days - climbed mt fuji on one day, spent the rest exploring the nearby lakes where I got a great view of Fuji-San. Then I drove down to Kyoto for another 5 days. Kyoto was actually my favourite part - such an incredible contrast of serene scenery and modern urbanisation. I recommend checking out Arashiyama for the bamboo Grove and mountain hikes. Japan was a culture shock - there was barely any English spoken and navigating was tricky but so so worthwhile.
Japan is my favourite country to travel ever. We went for just over 2 weeks and there was still so much more we wanted to see and do. Visited places: - Tokyo - it is massive so we stayed in 2 different parts to be able to explore more. We stayed in sumida (near the senso-ji temple and the sky tree) and shibuya on the southern side. Places to see in Tokyo: imperial palace (guided tour), akihabara, sensoji temple, fugimi Yagura tower - Nikko (favourite place in Japan) - Fukushima - Hakone and then around the mountains near Mount Fuji - Kyoto - Hiroshima and Etajima island - Osaka I recommend getting the foreigners rail pass it is the best way to get around and is so easy. A lot of people speak little bits of English and most signs are written in letters as well so easily recognizable.
I did Osaka, Kyoto, and Tokyo in 10 days and it wasn't enough time. I did so much and I honestly spent a fortune, but I would do it again. I was there mid to late December and it was cold, but not as bad as I imagined. Definitely needed a coat and scarf because it can be windy, but it wasn't miserable.Tokyo is a massive city. It can take over an hour to travel from one side to the other. I was staying in Shinjuku.
Japan was my first solo trip. My experience was that I really had no fear for my safety. It's one of the safest places in the world. The locals are eager to help and so incredibly friendly and respectful. Some pointers- it's still a cash society... very few places take credit cards. Study the currency a little bit before you go. Also, I didn't have a lot or luck finding locals that understood English.
We went to Japan in end of March/start of April and caught the cherry blossoms on Miyajima Island near Hiroshima. We explored Kyoto - bamboo forest and mountain monkeys Osaka - Universal and Aquarium Hiroshima - Mazda museum tour and explored Hiroshima Tokyo - explored Shinjuku/Shibuya areas. Loved the food in Takeshita Street.
I stayed in Osaka. Easy to get to Kyoto from there and it was amazing! Nara was nice too. Japan is the best place I've ever been - beautiful, lovely people (an old man tried to stand for me on the train and refused to let me stand), so clean, just amazing!
You must see Kyoto via the bullet train ..I stayed near the scramble ( one the busiest intersections in the world) and the shopping district was really cool also in the basement in building near the scramble is some of the best food in different booths.. Japan is one of the cleanest /safest countries in the world so if hostels are dirty it's from visitors and yes there are no trash cans you must carry out your trash.. also public transportation is super easy.. my only regret is that I only went for a week and would have liked to go to the last stop on the bullet train
Yes, Japan is generally safe for solo female travelers. Japan is known for its low crime rate and its people are very friendly and helpful. However, as with any country, it is important to take precautions and be aware of your surroundings.
Yes, Japan is a great destination for solo travelers. Japan is a very safe country with a low crime rate, and the people are very friendly and welcoming. There are plenty of attractions and activities to enjoy, and the public transportation system is reliable and easy to use. Japan also has a wide range of accommodation options, from budget hostels to luxury hotels.
Yes, Japan can be expensive for solo travelers. Accommodation, transportation, and food can all be costly, especially in major cities like Tokyo. However, there are ways to save money, such as staying in hostels, using public transportation, and eating at budget-friendly restaurants.
Japanese is the official language of Japan, so it is important to learn some basic phrases before traveling.
The Japanese currency is the yen. It is important to exchange your currency for yen before traveling.
Japan has a unique culture and customs that visitors should be aware of. It is important to be respectful of local customs and traditions.
Japan has an extensive public transportation system, including trains, buses, and taxis. It is important to familiarize yourself with the system before traveling.
Japan has a wide range of accommodation options, from traditional Japanese inns to modern hotels. It is important to research the different options before booking.
Japanese cuisine is unique and delicious. It is important to try some of the local dishes while in Japan.
The best time to travel to Japan depends on what you want to do and see. Generally, the best time to visit Japan is during the spring (March to May) and autumn (September to November) when the weather is mild and the scenery is beautiful. Summer (June to August) is also a popular time to visit, but it can be very hot and humid. Winter (December to February) can be cold, but it is a great time to experience Japan's winter festivals and activities.
Yes, Japan is generally a safe country to travel alone. However, it is important to take the same precautions as you would in any other country, such as being aware of your surroundings and avoiding dark or isolated areas at night.


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Last updated: Mar 2023
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text:
Kestrel Technologies Inc entered the industry of Web Design and Web Development in 2007 and has grown to employ 1 to 4 people, generating an annual revenue of Unknown. The NAICS classifies this business under the code , which describes it as a Web Design and Web Development. For further clarification, the SIC classifies this business under the code and described it as a Web Design and Web Development. The business provides service to the B2B market.
To acquire more information, please contact V.A. Dahms Full Name Report by calling (217) 233-0963 Full Phone Report during business hours. You can also write to the business' Single Location at 900 S Airport Road, Decatur, Illinois IL 62521. You can also visit the company's website at kestrelwebsitedesign.com. View this business' social media profiles on Twitter or on Facebbok .
|Kestrel Technologies Inc
|V.A. Dahms Full Name Report
|Place of Business:
|900 S Airport Road, Decatur, IL 62521
|Contact Number:
|(217) 233-0963 Full Phone Report
|Type of Service:
|Web Design and Web Development
|Single Location
|Market Type:
|B2B (Business to Business)
|1 to 4
|Share This Company:
Kestrel Technologies Inc is a company operating from Macon, Illinois providing professional Web Design and Web Development and relevant B2B variables. It was founded in 2007 and registered with the SIC code as Web Design and Web Development, and with the NAICS code as Web Design and Web Development.
With a current employee count of 1 to 4, Kestrel Technologies Inc has gone to report making Unknown per annum on its journey towards growth. This company invites you to contact its representative V.A. Dahms Full Name Report at (217) 233-0963 Full Phone Report for related queries, or to locate its Single Location using the coordinates 39.83064,-88.88169.
The Single Location can also be found at the street address 900 S Airport Road in Decatur, Illinois 62521 and can be engaged online through the company website at kestrelwebsitedesign.com, the company Twitter , and Facebook page .


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Category:ATR 72
Welcome to IMPDb!
Dedicated to identifying aircraft throughout Movies, Television, and Video Games!
Dear Friends:
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The ATR 72 is a twin-engine turboprop short-haul regional airliner built by the French-Italian aircraft manufacturer ATR (Avions de Transport Régional/Aerei da Trasporto Regionale) a subsidiary of EADS and Aeritalia. The ATR 72 was developed from the ATR 42 in order to increase the seating capacity (48 to 78) by stretching the fuselage by 4.5 metres (15 ft), increasing the wingspan, adding more powerful engines, and increasing fuel capacity by approximately 10 percent. Since 1989, more than 400 ATR 72s have been delivered worldwide with orders pending.
This page lists all films that feature a variation of the ATR 72.
See also
Pages in category "ATR 72"
The following 22 pages are in this category, out of 22 total.