Monday 09:35 BST What you need to know ● Equities starting second quarter on the front foot● S&P 500 futures just 1.5 per cent off record and Euro Stoxx up 0.4 per cent ● Investors keeping a watch on national manufacturing surveys● Dollar little changed against peers and South African rand continues to slide● Brent and WTI crude hold above $50 a barrel, while gold soft——————- Hot […]
Since it first entered service with the Soviet army in 1948, the AK-47 and its derivatives have become the world’s most widely used assault rifles. As Statista’s Niall McCarty writes, in his book “AK47: The Story of The People’s Gun”, author Michael Hodges estimates that there are as many as 200 million Kalashnikov rifles in circulation, one for every 35 people on earth. Its popularity among soldiers, […]
Abu Dhabi, 2 April 2017: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been named the Best Islamic Financial Institution in the UAE by Global Finance Magazine, one of the world’s leading finance and banking publications. Now in its 10th edition, the Global Finance Magazine awards are bestowed on banks that provide best in-class Shariah-compliant banking services and solutions, utilize modern and efficient channels to […]
TOKYO Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade while Japan’s Nikkei .N225 rose 0.1 percent. Ex-Japan Asia MSCI had gained 12.3 percent in the last […]
Some of the region’s leading female filmmaking talent gathered at the film and TV industry trade show Cabsat at Dubai World Trade Centre last week to talk about their careers and the challenges they face. They were assembled by Japanese camera manufacturer Canon to help promote the local launch of its new C700 cinecamera. Encouragingly, none of those we spoke to felt they had been passed over […]
Britain has apologised after an egg was thrown at a Saudi military official during a visit to London, Saudi state media said Sunday. An anti-war activist last week attempted a citizen’s arrest of General Ahmed Assiri, spokesman for the Saudi-led Gulf coalition fighting rebels in Yemen, before another threw an egg that hit Assiri in the back. British Foreign Secretary Boris Johnson called Deputy Crown Prince Mohammed […]
Here are the main questions facing markets as a new trading week and the start of the second quarter beckons. What are the likely drivers?A host of market-moving events confront investors as the calendar flips over to April. These include France’s presidential elections and the opening salvos of the UK’s divorce from the EU. But there is also the prospect of a sustained recovery in global activity, […]
Dubai, UAE, 2 April 2017 The inaugural edition of AIM Startup, organised in conjunction with AIM 2017, commenced today on Sunday, April 2nd in Dubai World Trade Centre. The new initiative witnessed a prolific gathering of visitors, investors and officials. AIM Startup 2017 aims to extend support to the small projects, which in turn can be the core for larger projects in the future, representing a significant […]
Like many Hong Kongers with family and business ties in mainland China, Ceci Chong would often carry cash back across the border — until she was stopped last summer by a Chinese customs officer. She was caught bringing Rmb100,000 ($14,500) in family savings to Hong Kong — five times the cash limit imposed by China. Her case was part of a crackdown on “financial ants”, who smuggle […]
By David Shepardson | WASHINGTON WASHINGTON Comcast Corp, Verizon Communications Inc and AT&T Inc said Friday they would not sell customers’ individual internet browsing information, days after the U.S. Congress approved legislation reversing Obama administration era internet privacy rules. The bill would repeal regulations adopted in October by the Federal Communications Commission under former President Barack Obama requiring internet service providers to do more to protect customers’ […]
BEIJING Subjected to daily interrogations and blocked from leaving China for more than a week, Australia-based academic Feng Chongyi arrived home in Sydney on Sunday, vowing to return to the mainland later this year to complete his research. Feng, an Australian permanent resident who retains his Chinese passport, was conducting field interviews for a project on Chinese human rights lawyers and their political aspirations. “If they wanted […]
BEIJING China called on the United States to respect international trade rules and improve cooperation and dialogue in reaction to two new orders by U.S. President Donald Trump calling for an investigation into trade abuses. Any U.S. trade enforcement measures should comply with generally accepted international trade rules and differences between the two countries should be handled properly, an unidentified spokesperson for China’s Ministry of Commerce said […]
MANILA Philippines’ President Rodrigo Duterte lashed out on Friday at European Union critics of his bloody anti-narcotics campaign, threatening to “slap” them. It is the latest of the leader’s near-daily diatribe against the United States, EU and the United Nations while heaping praise on China and Russia. “Come here and we will talk because I want to slap you,” Duterte said in a speech during celebrations of […]
01 April 2017 Dubai’s trade performance has shown steady and sustainable growth over the last five years, with non-oil trade volumes in metric tonnes registering a compound growth rate of 6.1% according to figures from Dubai Customs. Despite a challenging macroeconomic environment which impacted global trade, Dubai’s trade volumes grew a healthy 8.2% in 2016, compared to the previous year, reflecting the resilience of the Emirate’s economy, and […]
Your daily guide to community and cultural activities across the Emirates for April 2, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi #YearofGiving Donate pre-loved […]
The Middle East Film and Comic Con, which takes place at Dubai World Trade Centre from April 6 to 8, has made a few big-name late additions to its line up of celebrity guests. Appearing in person will be Anthony Mackie, an actor best known to genre fans for his role as superhero Sam Wilson, aka Falcon, in Marvels Avengers and Captain America movies. He also appeared […]
SEOUL Australia-based Chinese academic Feng Chongyi said late on Saturday he had boarded a flight leaving China, ending an ordeal that saw him interrogated by authorities and delayed from exiting the country. Feng, an Australian permanent resident who retains his Chinese passport, boarded the flight from the southern Chinese city of Guangzhou and was scheduled to arrive in Sydney on Sunday morning. Flight tracking websites confirmed the […]
Your smartphone is a very versatile tool that contains a huge amount of computational power. By using the right apps and augmenting the smartphone with other hardware you can make it do some very unusual things. Turn your smartphone into a tool to diagnose car problems Got a ‘Check Engine’ light on your dash, staring at you? In the trade that’s called ‘the money light.’ Wonder what […]
PARIS Britain’s contribution to European security is “unconditional”, Foreign Secretary Boris Johnson told a French newspaper, denying the government had made a veiled threat to reduce cooperation if there was no post-Brexit trade deal. Prime Minister Theresa May said in a letter to the European Union on Wednesday that “our cooperation in the fight against crime and terrorism would be weakened” if Britain left the bloc without […]
Earlier this month I was given a genuine introduction to Fado in the Lisbon neighbourhood near where Mariza was raised and the music genre is said to have been born. In a dimly lit intimate nook in Alfama — the oldest district of Lisbon whose name is derived from either the Arabic Al hamma, meaning hot fountains or baths, or Alfamm, meaning the mouth — which barely […]
A handful of companies on Friday filed to go public, bolstering expectations of a strong second quarter for the US listings market after the float of Snap, the owner of the messaging app. The market for initial public offerings is heating up after a slow period. With 111 deals, last year was the weakest one for US IPOs since the aftermath of the financial crisis in 2009, […]
When Unilabs, the Swiss medical diagnostics business owned by private equity firm Apax, sought buyers to refinance its loans this month, it was by invitation only. The decision to restrict who could buy its loans, while also cutting typical investor protections, is a classic sign of a red-hot credit market in which private equity owners are emboldened to sideline investors who will be more demanding should a […]
HANOI U.S. President Donald Trump has written to Vietnamese President Tran Dai Quang to promote more cooperation between the two countries, the government website cited Quang as saying. Vietnam and the United States had advanced ties to a new level under the Obama administration amid a dispute with China over South China Sea issues, while Trump has also expressed his hope for a stronger relationship. Trump sent […]
More than three million counterfeit products of more than 30 renowned brands were confiscated in Dubai after four warehouses were raided in the emirate. One of the warehouses had a stock of over one million pieces of counterfeit products, including phone accessories, ladies’ handbags, clothes, leather goods, ink, printers, cosmetics, watches and contact lenses, state news agency WAM reported. It said around 928,000 items, including duplicate phones […]
