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Muscat, 15 February 2017  Dentons advised Al Anwar Holdings SAOG on the sale of 20.35% of its shareholding in Falcon Insurance Company SAOC (FIC) for a consideration of OMR 1.876 per share to Arabia Insurance Company S.A.L’s (AIC) affiliates, namely Arabia S.A.L. and Lawrence Investment LLC (Under Formation).  The transaction also involved a simultaneous acquisition of the business, assets and liabilities of AIC’s Oman branch by FIC, […]

The paper chore chart has gotten a modern update. Introducing BusyKid, a mobile first site that allows parents to keep track of tasks, while also being a tool to introduce kids to learning about their personal finances. Created by Gregg Murset, a father of six, BusyKid is an online chore chart that promotes work ethic and responsibility. It also educates about money management, serving as a platform […]

Your daily guide to community and cultural activities across the Emirates for February 16, 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 Food trucks Love […]

For the tattered Rashidiya neighborhood here, the recent battle never ended. It just shifted course along the river. Rashidiya was the last district in eastern Mosul declared liberated in late January, but army officers say Islamic State sleeper cells remain entrenched. Continue reading the main story And those are not the only troubles here. Even as American-backed Iraqi forces prepare an offensive against the Islamic State stronghold […]

Pine Island Glacier has shed another block of ice into Antarctic waters. The loss was tiny compared to the icebergs that broke off in 2014 and 2015, but the event is further evidence of the ice shelf’s fragility. Source link

The Mohammed bin Rashid Space Centre (MBRSC) and the American University of Sharjah (AUS) have announced the successful launch of Nayif-1, the UAE’s first nanosatellite launched into outer space. Nayif-1 is an educational project launched by MBRSC in cooperation with AUS with the goal of providing hands-on experience to Emirati engineering students on designing, building, testing and operating nanosatellites, a statement said. Sheikh Hamdan bin Mohammed bin […]

Apologies for earlier error in title. Surging inflation, plunging real wages, jumping mortgage delinquencies, and record crude and gasoline inventories… then Trump drops the ‘t’ word and the market melts up…   Intraday, March rate-hike odds hit 46%, seemingly surging off “off the table” levels before the week began… Record all-time highs across everything…   It’s all banks all the time…   The Dow topped 20,600 – […]

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Getty Images/iStockphoto What impact will artificial intelligence (AI) have on the workforce? Will smart machines really replace a large number of people in a variety of jobs? The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of the most common ways IoT is deployed in the enterprise. These questions […]

Nearly 15 percent of all buildings in Dubai do not comply with approved planning and construction regulations, according to Dubai Municipality. The authority said during 2016, its buildings department received 3,375 complaints from the public about properties that violated planning rules, adding that more than 85 percent of buildings complied with regulations. Inspectors issued 15,895 notices to buildings in violation last year resulting in the preparation of […]

ABU DHABI // Tributes have poured in for Juma Al Kaabi, the UAE Ambassador to Afghanistan who died on Wednesday of injuries suffered in last month’s terrorist attack in Kandahar. Described as a friend to the troubled country and its people, Al Kaabi was seriously wounded when explosives placed under a sofa went off as Kandahar’s governor was entertaining a UAE delegation at his guesthouse. Five Emirati […]

With the Model S and X open for orders, for delivery in the summer, and a nascent network of Tesla-branded charging stations due to become a nationwide by the end of this year, owning one has suddenly a very real prospect. Victor Besa for The National The regenerative braking, which can be set to standard or low, has the triple effect that when you ease off the […]

Photo A protective wall at the Shuafat Palestinian refugee camp in East Jerusalem. Some Israelis said a two-state solution to the Middle East conflict is impossible because the Palestinians in the West Bank and those in Gaza disagree on too many issues. Credit Daniel Berehulak for The New York Times GAZA CITY — Palestinians reacted with anger and bafflement on Wednesday after the Trump administration apparently backed […]

Munich mayor Dieter Reiter: “Employees are not satisfied with our IT. More than half are not happy.” Image: ZDNet/Munich City Council Munich’s city council has resolved to draw up a plan for abandoning LiMux, a Linux distribution created especially for its use, which the mayor wants ditched in favor of Microsoft’s Windows 10 by the end of 2020. Despite heavy criticism from opposition parties, the city’s governing […]

The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met Asian fixed income investors at the end of January, but “the non-deal roadshow was just that: a non-deal roadshow. They won’t issue this […]

For the first time since Q1 2013, mortgage delinquencies rose QoQ in Q4. The jump from 4.52% (of total loans) to 4.80% is the largest since Q1 2010 and hit as mortgage rates spiked following President Trump’s election and Fed Chair Yellen’s jawboning and rate-hike. Of course, levels remain ‘low’ relative to the extreme highs of the financial crisis. One word springs to mind – “contained”   […]

Fences Director: Denzel Washington Stars: Denzel Washington, Viola Davis, Stephen Henderson Three stars Denzel Washington stars in and directs this adaptation of August Wilson’s award-winning play, the sixth in his acclaimed 10-part Pittsburgh Cycle, each of which deals with a different decade of the 20th century from the black American perspective. Fences takes place in the 1950s. Washington starred as 50-something binman Troy in a 2010 New […]

Use these settings to enlarge the mouse pointer so it’s easier to spot. Click to enlarge Finding a tiny mouse pointer can be a frustrating task, especially on a super-high-resolution laptop screen, where that white pointer can hide in plain sight. For years, Windows has offered an option to change the size and color of the mouse pointer to overcome this annoyance, but the settings are buried […]

National Real Estate Company (NREC), a Kuwait-based developer with projects exceeding $1 billion in Egypt and the UAE, has signed an agreement for a $101.5 million loan. The developer of Abu Dhabi’s upcoming Reem Mall said in a statement that it has signed the five year convertible loan with Agility Investment Holding Limited, a subsidiary of Kuwait-based logistics firm Agility. The loan facility has the option of […]

Harrison Ford has near-miss with passenger liner Harrison Ford has had a close run-in with a passenger airliner at an airport in California in the United States. The actor, 74, was told to land his single-engine plane on a runway at John Wayne Airport in Orange County, Southern California on Monday, but he mistakenly landed it on a parallel taxiway, passing over an American Airlines jet holding. […]

Say 'I Love You' with Damas' Valentine's Day collection Source link

BEIRUT Iranian President Hassan Rouhani said his country sought good relations with its Gulf Arab neighbours as he began a one-day trip to Oman and Kuwait on Wednesday, his first since taking power in 2013. Relations between predominantly Shi’ite Iran and the mainly Sunni Arab countries of the Gulf, particularly Saudi Arabia, remain strained over their support for opposing sides in the conflicts in Syria and Yemen. […]

  Last Updated On 15 February,2017 10:08 am A five member larger bench headed by Justice Asif Saeed Khosa is hearing the case. ISLAMABAD (Dunya News) – The Supreme Court (SC) has resumed hearing of Panama case today (Wednesday) after a break of two weeks. A five member larger bench headed by Justice Asif Saeed Khosa is hearing the case. Salman Akram Raja, the counsel of Hussain Nawaz […]

The four-star flagship hotel caters to the market with affordable package deals for all International explorers 15 February 2017 Dubai, UAE – In direct response to the demand from travellers’, Somewhere Hotels, one of Dubai’s most stylish mid-market hotel brands, recently opened the doors to its new 301-room hotel at the renowned and convenient location ‘Barsha Heights’, previously known as Tecom. Making this the second hotel opening […]

Dubai’s Emaar Properties intends to reopen its landmark Address Downtown hotel by the end of the year, some two years after the skyscraper was gutted by fire following an electrical fault, its chairman told Al-Arabiya TV on Tuesday. Mohammed Alabbar was speaking after the developer reported a 56 percent rise in fourth-quarter net profits, boosted by higher revenue from property developments as well as the performance of […]

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