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22 December 2016 Ashtead Technology has announced the acquisition of Abu Dhabi based TES Survey Equipment Services LLC for an undisclosed sum. The acquisition will enable the leading independent provider of subsea equipment and services to the offshore oil and gas industry to significantly increase its customer service offering in the Middle East, a region which has strong growth potential for Ashtead. Established in 2007 by Susan […]

|By Arabian Post Staff| Saudi Arabia unveiled a $237 billion budget for 2017, an 8 percent increase from 2016, with projections of a record 33 percent decrease in the Kingdom’s national deficit. “Our economy is firm and it has sufficient strength to cope with the current economic and financial challenges,” said King Salman bin Abdulaziz.. “We have sought through this budget and its programs to improve the […]

Experience a gastronomical culinary experience that has satisfied UAE audiences for nearly two decades 23 December 2016 Dubai, UAE: Award winning Indian Restaurant, Gazebo has opened five new outlets recently in Khalidiyah Mall Abu Dhabi, Al Twar and Business Bay, Al Shamkha Abu Dhabi and in Ajman. According to Irfan Gaya, Managing Director of Gazebo, the restaurant was initially set up to fill the gap in the […]

ABU DHABI // After going through a divorce and a custody battle for her children, Aysha Al Naqbi knows the trauma that marriage break-ups can cause. So, Ms Al Naqbi has decided to dedicate herself to helping other women going through similar experiences. “It can be tough being a divorced female,” says Ms Al Naqbi, 38, from Khor Fakkan. “You will get questioned a lot, ‘why you’re […]

Your daily guide to community and cultural activities across the Emirates for December 23, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festive fun Visit Al Maryah Island for the Winter Wonderland, featuring cosy winter cottages hosting activities including bauble-decorating, cracker-making and gingerbread-house-decorating. A skating rink and snow park offer a wintry feel, while […]

Dec 23, 2016 10:30 am IST Sri Lanka is getting ready to join dozens of other countries that have broken festive records by building the world’s tallest artificial Christmas tree. A Wall Street Journal article explains why the tree nearly didn’t get made. Below are a few other holiday records that remain unbroken, according to the Guinness World Records. Tallest artificial tree Sri Lanka looks set to […]

Although students at Abu Dhabi’s Future Rehabilitation Centre achieve varying degrees of independence after they graduate, the ideal is to land a job. One such graduate to have achieved this is Eid Al Shamsi, a 21-year-old Emirati who is now working at the Ministry of Interior’s human rights department. When he was a boy, Mr Al Shamsi had initially been enrolled in a private school, where he […]

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Your daily guide to community and cultural activities across the Emirates for December 23, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festive fun Visit Al Maryah Island for the Winter Wonderland, featuring cosy winter cottages hosting activities including bauble-decorating, cracker-making and gingerbread-house-decorating. A skating rink and snow park offer a wintry feel, while […]

Abu Dhabi, December 22, 2016  H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy (MOE), recently met with Suren Karayan, Minister of Economic Development and Investments of Armenia to discuss key ways to further expand economic and trade relations between the two countries–building investment partnerships in sectors that would bring mutual benefits to both countries based on their respective capabilities. The discussion took place during […]

Two illegal immigrants planning to enter the UAE by hiding in a truck have been arrested, according to a news report. Officials in Mezyad Customs Centre in Abu Dhabi pulled over an Arab truck driver and conducted a search. They found two people hiding in the spare tyre compartment, Khaleej Times reported. Mohammed Khadem Al Hameli, acting director of Abu Dhabi’s general administration of customs, said that […]

22 December 2016 Etihad Airways, the national airline of the United Arab Emirates (UAE), and Montenegro Airlines, the flag carrier of the Republic of Montenegro, have signed a codeshare agreement that provides travellers with enhanced connectivity when flying between Southeast Europe and the Middle East.* The agreement will see Etihad Airways placing its “EY” code on Montenegro Airlines’ flights between Belgrade and two destinations in Montenegro – […]

ABU DHABI // Choosing to travel to the United States for his post-secondary education was a no-brainer for Saad Hamoodi. Not only would he be following in his father’s footsteps, but having studied in an American private school all his life, Mr Hamoodi was familiar and comfortable with the curriculum. “I graduated with the American system, so I’ve always been closer to that,” said the 26-year-old Emirati. […]

Gulf stock markets barely moved in quiet, early trade on Thursday before the announcement of Saudi Arabia’s 2017 state budget, expected in the afternoon. The Saudi stock index edged up 0.1 percent in the first 40 minutes. Much activity focused on second-tier stocks such as Saudi Printing and Packaging, up 4.9 percent, although Saudi Electricity rose 0.9 percent. Saudi Electricity’s profits rose in the wake of the […]

ABU DHABI // Forecasters warned of fog and mist over most of the Western Region on Wednesday morning. The National Centre of Meteorology and Seismology in the capital said satellite images indicated much of Al Gharbia, including the Al Dhafra and Al Hamra areas, were affected by fog formation in the early hours. The rest of the country is expected to have fair to partly cloudy weather […]

Oman’s Electricity Holding Company (EHC) has signed an agreement for a $325 million working capital loan, the state-owned company’s finance chief said on Tuesday. The company, which holds the Omani government’s stake in nine electricity firms, has raised the funds to support four of its distribution subsidiaries, Hussain Al Balushi told Reuters. Bahrain’s Bank ABC coordinated the facility, which has a one-year maturity extendable for an additional […]

Abu Dhabi-based Etihad Airways is reviewing its strategy of investing in European airlines and is seeking an exit in a shake-up that could lead to the departure of CEO James Hogan, company and industry sources told Reuters on Tuesday.  Etihad saw a strategy to take equity stakes in carriers like Air Berlin, Alitalia and Air Serbia as a way to expand its European network but losses have mounted with Air […]

Tackling the theme of evil and how dark forces have affected the region throughout the centuries might seem like an tough task for a 75-minute documentary film, but it was a challenge Emirati director Mansoor Al Dhaheri relished. His film Little Sparta is currently screening in cinemas – but when he announced it on social media, he admits he was surprised by the reaction. It garnered an […]

A Middle Eastern investment banking fee bonanza should extend into 2017, spurred by a combination of bond and share sales and mergers and acquisitions as the region adjusts to lower oil prices, bankers say. Deals such as Saudi Arabia’s $17.5 billion debut international sovereign issue and the sale of a majority stake in retailer Kuwait Food Co (Americana) to Gulf-based Adeptio have helped banks’ earnings, off-setting falls […]

Many Emiratis live under pressure to find our identities between being members of big tribal families, proud of our heritage and culture, and being part of a modernised and ever-expanding country where every day we are more open to international business, and an ever-expanding community. I don’t see the distinction between expatriate and local, I see community. For an Emirati to be in that community setting is […]

ABU DHABI // A Canadian teacher working at a private school in the capital was one of the 34 people injured in Sunday’s attack in the southern Jordanian city of Karak that left 10 people dead. Christopher Vatcher, a teacher at Abu Dhabi Grammar School (Canada), sustained a bullet wound to the shoulder and is expected to make a full recovery, a family friend told CBC News. […]

Your daily guide to community and cultural activities across the Emirates for December 20, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Fitness event Women can enjoy exercising outdoors in the cooler weather every Wednesday at GoYas. Daman Activelife presents the ladies-only event that lets you walk, jog or bike around the shortened 3km […]

The UAE’s Federal National Council on Tuesday endorsed the budget for 2017, set in late October by the Cabinet at AED48.7 billion ($13.3 billion), with a prime focus on education, social development and health. The budget is a marginal rise on the AED48.5 billion budget set for 2016, suggesting UAE authorities remain cautious about spending as low oil prices pressure state finances. The approval came at a […]

It’s that time of the year again when all manner of weird, wacky and wonderful gifts appear in the UAE’s malls to temp Christmas shoppers. From remote control cars, to pine scented candles and fur covered flip-flops, there’s something for young and old, shy and bold this season. Flick through our slideshow to see more. newslide Bags of fun Kids familiar with The Gruffalo character will relish […]

ABU DHABI // Motorists will pay more for their car insurance from January 1 when new tariff rates are introduced and companies pass on the cost of ambulance services and courtesy cars to customers. New maximum and minimum premiums will be set for third-party and comprehensive policies, depending on vehicle type. The UAE Insurance Authority has issued a new vehicle insurance tariff system, on which premiums are […]

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