News related to
ARABIAN POST SPECIAL

ABU DHABI // The British royal navy is strengthening its presence in the Arabian Gulf after it took command of US Task Force 50 – the first time it has led a US force in the Middle East. The force, which has assisted in battling ISIL in Iraq and Syria, plays an important role in the region because it allows free passage of trade throughout the Gulf […]

The search for the elusive former abbot of Wat Phra Dhammakaya has shifted to the medical equipment found on the premises of the locked-down temple to find clues to the state of his health. Despite three days of searches of the sprawling Pathum Thani temple, which the authorities have effectively sealed off to control movements in and out, Phra Dhammajayo continues to evade arrest. Of particular interest […]

UK-based Liberty House Group on Sunday said it will agreement Tata Steel UK’s speciality steels business for $125 million (AED458 million). The deal secures the future of around 1,700 jobs directly, and thousands more in the supply chain and regional economy, a company statement said. In an exclusive interview published in Arabian Business on Sunday, Sanjeev Gupta, executive chairman, Liberty House Group said he was “very close” […]

ADVERTISEMENT

Ingest, data prep, analysis, visualization and export. They’re all part of the Big Data analytics life-cycle. The good news? The market sports multiple product categories that handle each of these. The bad news: there are far fewer products that handle many of these areas together. It’s getting more complex too, as other big data lifecycle categories, like data lake management/data cataloging and Big Data operations/DevOps are emerging. […]

Abu Dhabi will be the host of the 2019 Special Olympics World Games, the world’s largest humanitarian and sporting event – the first time the event has been held in the Middle East. The games will take place in venues throughout Abu Dhabi from March 14-21 2019, state news agency WAM reported on Tuesday. The Special Olympic World Games celebrate the skills, talents and sporting achievements of […]

ABU DHABI // Abu Dhabi has made official its bid to host the Special Olympics World Games in 2019, which is said to be the first sporting event in the region for athletes with special needs and disabilities. The official agreement for hosting the Games was signed on Monday at the Sea Palace, and witnessed by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy […]

Advertisements
ADVERTISEMENT

Saudi Arabia’s National Commercial Bank (NCB) reported a 7.5 percent rise in fourth-quarter net profit on Wednesday as the kingdom’s largest lender was boosted by higher income from commission and investments. The results are the strongest in four quarters for the bank, which like other lenders in the kingdom has seen its performance clipped by weaker activity as depressed oil prices drag economic growth to its lowest […]

Your daily guide to community and cultural activities across the Emirates for January 17, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Performances Swiss performers take to the stage for Swiss Days 2017 over two days in Abu Dhabi and Dubai. On the first night, Inmotion (pictured) will present mind-boggling yo-yo tricks, throws and […]

The Chiefs, who play the Pittsburgh Steelers on Sunday night in the playoffs, applied that philosophy en route to going 12-4, their best record since 2003, and winning the A.F.C. West for the first time in six seasons. Toub stresses it to newcomers and stalwarts alike, in meeting rooms and on the practice field, until they, too, understand. Twice in Toub’s four seasons, according to data compiled […]

ADVERTISEMENT

Musa and Adenan KOTA KINABALU: Sabah leaders have expressed their sadness at the passing of Sarawak Chief Minister Tan Sri Adenan Satem. They also paid tribute to the late Adenan whom they described as a good leader who was an inspiration to the people of Sabah and Sarawak. Sabah Chief Minister Datuk Seri Panglima Musa Haji Aman in a statement said Malaysia had lost a good man […]

On Tuesday morning, as they have for so many mornings now, Glenn Smith, Jennifer Berry Hawes and Abigail Darlington walked into Charleston’s District Court at 85 Broad Street with the tools they would need to tell the story. Hawes brought her 8.5-by-11-inch yellow notebook and whatever pen she had grabbed from the newsroom. Smith came ready to liveblog with his laptop and phone. Darlington planned to catch […]

Saudi Arabia is a historically entrepreneurial country. Jeddah has been a mercantile centre for centuries. Even Riyadh and the Holy Cities of Makkah and Madinah began as trading stations on the spice and silk trails. What has changed since the rise of the oil industry? Not the entrepreneurial spirit of the country but the institutional environment for entrepreneurship to flourish. As we contemplate the country’s future as […]

Producers refute Mariah Carey’s ‘sabotage’ claim Dick Clark Productions has hit back at Mariah Carey’s claim the company sabotaged her live performance on its ‘New Year’s Rockin’ Eve’ special in Times Square. The star vocally stumbled through her set, failing to sing most of it, despite a pre-recorded track of her songs playing in the background. Carey’s representative Nicole Perna blamed technical difficulties and a faulty earpiece […]

ADVERTISEMENT

BlackBerry’s big bet on software and services is making progress — albeit slowly. The Canadian former phone maker turned software developer posted Tuesday a fiscal third-quarter profit of just one cent for the quarter, beating Wall Street expectations, which predicted a two cent loss (statement). No longer a smartphone company, BlackBerry is investing in software and services. Read more. However, the company did miss on revenue, bringing […]

Hamil Harris, who has been a staff writer at The Washington Post for more than two decades, is leaving the newsroom. The departure was announced on Tuesday in a memo by local editor Mike Semel, who called Harris “a presence at virtually every major news event in the Washington area for the past 24 years.” Harris covered the attack on the Pentagon on 9/11, anchored coverage of […]

Will this truck be the eyes and ears of the smart city? Credit: USPS The future of the U.S. Postal Service could be as the eyes, ears and sensor network for the smart city. If cities played along the USPS could also derive a revenue stream that could reverse billions of dollars of annual losses. According to a panel at the Smart Cities Summit in Boston, the […]

ADVERTISEMENT

Today we learn of yet another campus full of disaffected Hillary snowflakes who were triggered by a post-it note suggesting that they should stop whining about the election and just “suck it up, pussies.”  This latest example comes to us from Edgewood College in the ultra-liberal bastion of Madison, Wisconsin via Campus Reform. Apparently the simple post-it note was determined to be a “hate crime” by the […]

The most notable thing about today’s Treasury auction of $34 billion in 5 Year paper is not what happened after the 1pm announcement of its pricing, but what has been taking placed in the last few days, where as the following charts from SMRA, there has been a major surge in shorts, who have in turn sent the underlying paper “super special” in repo, to the tune […]

Arabian Travel Market will host the first ATM Global Halal Tourism summit as part of its line-up of special focus events, the organsiers have announced. Reed Travel Exhibitions, organiser of the annual Arabian Travel Market (ATM) in Dubai said the summit will feature experts from the Muslim travel world to discuss growth opportunities and positive economic impact. The summit, which is scheduled to take place on Wednesday […]

|By Nitten Nair| In all offices you have 2 distinct types of employees: generalists and specialists, and they are constantly at odds. They are present in all domains and it depends on which domain you are referring to determine who will have an upper hand in the long run. To make my point here let me stick to my domain: Marketing. In this domain too we have […]

UAE. Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year. 2014 PEFORMANCE SUMMARY OF ETIHAD AIRWAYS *The above results represent the standalone airline business within the newly formed Etihad […]

Doha Bank posts $115m net profit, up 5.2pc DUBAI, 18 hours, 57 minutes ago Doha Bank has posted a net profit of QR420 million ($115.2 million) for the first quarter of the year, compared to QR399 million for the same period last year, an increase of 5.2 per cent. The bank’s net operating income increased 2.3 per cent to QR714 million, while its total assets increase QR4.1 […]

Mubasher Financial ….. Nasdaq Dubai’s ‘Retail Broker of the Month’ January 2015. Mubasher wins special recognition by Nasdaq DUBAI, 2 days ago Mubasher Financial Services, one of the Middle East’s leading financial institutions, has announced that it has been recognised by Nasdaq Dubai as the ‘Retail Broker of the Month’ for January 2015.   This recognition reinforces Mubasher’s market positioning as a widely respected financial services business, […]

ADVERTISEMENT

Is the debt fog over Dubai finally clearing or returning? Zuma Press Investment conglomerate Dubai World may resort to a familiar, but in recent times rarely used, legal mechanism set up at the height of the emirate’s financial crisis to obtain the backing from its creditors to postpone a crucial debt repayment deadline. The state-owned firm and advisor Blackstone are currently discussing with an increasing number of […]

The Arabian Post will report directly from CeBIT Eurasia to be held from 11 September to 14 September 2014 at the Istanbul Expo Centre. Arabian Post will have its own representative at the prestigious ICT event, rated to be the No 1 technology show in Eurasia, to report on deliberations during the four-day event. CeBIT Eurasia will bring ICT companies, government and media in the Eurasian region […]

A U.S. border checkpoint located a day’s flight from New York in the Arabian desert promises to become an oasis for weary travelers heading for the States. U.S. Customs and Border Protection opened an Abu Dhabi base on Jan. 24, the first in the Middle East and the second outside the Americas after Ireland. Another post is planned in Dubai within a year as part of a […]

|AN ARABIAN POST SPECIAL| A little or lesser known DIFC company floated by a few Indians is caught up in a controversy involving a big ticket acquisition worth billions of dollars. The acquisition bidder claims that the bid for a major gaming company was made on the basis of funding commitment by the DIFC company, which however denies any connection with the bid. The controversy relates to […]

|The Arabian Post Special| Reports suggest Dubai has reached an agreement with Abu Dhabi on $20 billion of debt, which it arranged to avert a payment default in the wake of Dubai’s crippling financial crisis. “The rumor is that Abu Dhabi has reached an arrangement with Dubai over the $20 billion payment,” Reuters quoted Mohammed Ali Yasin, managing director of NBAD Securities LLC, as saying on phone. […]

The  Arabian Post Special As India’s currency plummeted against the U.S. dollar, Gulf-based Indians are avoiding gold purchases or selling their gold to raise cash for property bargains back home. “Since early 2013 when the Rupee started tumbling, we have been receiving ample demand from Indian residents for property loans,” said Shabbir Gunerwala, a loan officer working for Indian bank ICICI in Dubai. Santosh Tandel, the regional […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA