GCC expats are miles behind their counterparts in North America, Europe and Asia when it comes to retirement planning, a study by global financial firm Guardian Wealth Management has found. In fact, in the annual pensions survey conducted by GWM, it found that 64.21 percent of GCC expats have no pension at all. This is compared to 14.49 percent in North America, 43.85 percent in Europe and […]
Last week saw the largest drop in aggregate Treasury short positions since Brexit. Ironicaly, while bond bears felt the squeeze, traders piled into Eurodollar shorts (increased rate-hike bets) sending the short-end’s positioning to record highs. Across the entire Treasury bond futures complex, shorts covered over 200,000 10-year-equivalent contracts (around $20 billion notional), but as is clear below, the net short – while the smallest since December 2nd […]
Anodot team Image: Supplied Business intelligence comes down to the ability to identify and analyse issues based on a series of variables. While data analysts are adept at identifying issues they have been trained to look for, it is just as important to account for the so-called “unknown unknowns” — the issues that analysts don’t know about or wouldn’t think about investigating — before they escalate into […]
The Corniche was teeming with crowds eager to celebrate and enjoy the activities at the first day of the Mother of the Nation Festival on Sunday. The festival has zones offering something for all ages. The two-level Pavilion zone overlooking the Corniche displays art. On the Corniche in Abu Dhabi, visitors flocked to pavilions and exhibitions to acknowledge the achievements of a national leader whose life story […]
Why Fort Lauderdale? At the centre of a south Florida coastal strip stretching from West Palm Beach to Miami, Fort Lauderdale is still, in many people’s minds, the quintessential Florida holiday destination, famous for its excellent beaches, which became synonymous with the image of thousands of partying college students on “spring break”. While its beaches are still fantastic – with clear water, soft sand and a well-planned […]
Transport A ban on large electronic items such as laptops and tablets on some international flights arriving in the US and UK from the Middle East and North Africa has drawn anger from some passengers. But in a bid to make light of the situation and get publicity, airlines affected are using humour and satire as a response on social media. (Source: Al Jazeera English YouTube channel) […]
The foundation stone was laid on Sunday for a UAE-supported military training city in Jordan. Sheikh Khalifa, the President, dedicated the project to King Abdullah of Jordan and the Jordanian people, reported Wam, the state news agency. The UAE will fund and implement the project, located in eastern Zarqa governorate, to build a joint camp for Jordan’s armed forces. It will include seven training schools designed by […]
Politics & Economics Hosni Mubarak has been released from a military hospital after six years in detention. Mubarak was acquitted earlier in March of involvement in the deaths of hundreds of protesters in rallies that ended his 30-year rule. (Source: Al Jazeera English YouTube channel) Source link
Your daily guide to community and cultural activities across the Emirates for March 27, 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 Al Ain Equestrian show Catch […]
Following President Trump’s clarifying tweet yesterday that “Obamacare will explode” on its own… ObamaCare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry! — Donald J. Trump (@realDonaldTrump) March 25, 2017 It is becoming increasingly clear that, even without the ‘repeal’, the Trump administration has already begun using its regulatory authority to water down less […]
A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent which saw the US tech giant ordered to cease selling the smartphone in China. In May last year the Beijing intellectual property bureau had ruled that Apple violated design patents of Chinese maker Shenzhen Baili with its iPhone6 and iPhone 6 Plus, and would be barred from selling those models. […]
This is one of the busiest weekends at the busiest international passenger airport in the world, with the added twist of an electronics ban for flights to the United States. Source link
You may want to look up at the sky and observe a little more because the World Meteorological Organization just added 11 new clouds to the International Cloud Atlas, the world’s definitive guide and database for cloud classification. World Meteorological Day last March 23 also marks the publication of the new edition of the International Cloud Atlas. In this latest publication, the strange-looking, turbulent meteorological phenomenon asperitas is […]
Fresh from a mammoth, big budget UAE show, Guns n’ Roses have been named the top grossing live act in the world. According to stats compiled by Pollstar, the reformed rock legends bank an average of $5,004,737 (Dh18.3 million) per show, with the average ticket price set at $101.82 (Dh373). Regular tickets for the band’s controversy struck show at Dubai Autism Rocks Arena on March 3 – […]
More than 100 passengers witnessed the spectacular event in the first-ever chartered “Flight to the Lights” Source link
Last week, the Office for National Statistics released the inflation results for the British economy. Even though most analysts weren’t expecting any huge differences, the numbers (updated until February) paint a completely different picture. In February, the inflation rate increased rather sharply. On a month-on-month basis, the CPI increased by 0.7% (whereas January was a month with deflation). The current YoY inflation rate based on the CPI […]
Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” jobs. Just a few examples: self-driving technology may eliminate the need for […]
The power of the movies to mould public opinion has never been lost on politicians, but rarely do they get to wield it as a tool for pro-war propaganda with such force as during the Second World War. A new three-part docuseries that comes to Netflix on Friday, Five Came Back: A Story of Hollywood and the Second World War, “tells the extraordinary story of how Hollywood […]
26 March 2017 Dubai, United Arab Emirates – Dubai, a city where Arabic tradition meets urban lifestyle, has risen to become one of the most prominent holiday and business hub of the world. The city offers a distinctively unique experience for travelers and this year Rixos Hotels ushers in a special one with the opening of Rixos Premium Dubai on 15th May, 2017. Located at the heart […]
Danube Properties has launched a new AED300 million ($81.6 million) real estate project called Resortz in Dubai’s Arjaan neighbourhood. The project was unveiled by Rizwan Sajan, founder and chairman of Danube Group, who said Resortz will span an area of more than four acres and offer 419 apartments, ranging from studio to three-bedroom apartments and retail units. It will also feature a resort-style swimming pool and a […]
General Electric is planning to launch products based on what it calls a Digital Ghost, a combination of its digital twin efforts and industrial control technologies, to thwart cyberattacks. This effort, which is likely to be commercialized in the next year, aims to us physics to thwart attacks. Industrial machines would be able to sense anomalies that would trigger an autoimmune response to attacks. GE’s plans could […]
Lyft is looking at one of its biggest potential opportunities to make up some ground on its rival Uber, given the latter company’s ongoing and worsening PR crisis. So it makes sense that Lyft would go even further in the opposite direction, with a new program that lets riders top off their fare to the nearest dollar, and donate the difference to one of a group of […]
DUBAI // A troupe of 22 young dancers is heading to Disneyland Paris this week to perform for crowds at the theme park. Step Up Academy, based in Motor City, will be twirling and pirouetting on stage in one of the biggest theme parks in Europe. The expat youngsters, aged eight to 15, from 14 countries from Colombia to Egypt, Lebanon to Italy, will perform their 20-minute […]
The oil market may return to balance by the third quarter of this year if producers comply with their deal to cut output, otherwise the timeframe for rebalancing could be pushed out further, Kuwaiti oil minister Essam al-Marzouq said on Sunday. Marzouq told reporters that there needed to be 100 percent compliance among producers with the deal. Earlier, Russia’s energy minister said compliance was at 94 percent. […]
