Saudi Arabia will resist plans to introduce a tax on expat remittances for now, according to Mohammed Al-Tuwaijri, secretary general of the Financial Committee at the Royal Court. Saudi Arabia’s Shura council has discussed plans to impose a 2 to 6 percent tax on expat workers’ remittances, following a proposal submitted by former Shura council member Husam Al Angari. He proposed an initial tax of 6 percent […]
Kuwait, 26 December 2016 Kuwait Financial Centre “Markaz” and Gulf Bank announced in a joint statement the successful completion of “Markaz” 5 years bond issue with a nominal value of 25 Million Kuwaiti Dinar, which was oversubscribed. This extensive demand reflects the investors’ trust in “Markaz”, the quality of the issue, and the high creditworthiness of “Markaz,” in addition to the effectiveness of the joint distribution efforts […]
Egypt confirmed on Sunday that it had arrested an Al Jazeera news producer, accusing him of “provoking sedition” on behalf of the Qatar-based broadcaster that it considers a mouthpiece of the banned Muslim Brotherhood. Judicial sources said Mahmoud Hussain, who was detained on Friday, was being held on charges of disturbing public security and spreading false news. The Interior Ministry said in a statement that Al Jazeera […]
Italian tenor Luciano Pavarotti, centre, performs with George Michael, left, and Annie Lennox from Eurythmics during the “Pavarotti & Friends“ concert in Modena June 6, 2000. Stefano Rellandini / Reuters British singers Paul McCartney and George Michael, left, perform at the Live 8 concert in Hyde Park in London, July 2, 2005. Stephen Hird / Reuters In this April 10, 1997, file photo, George Michael, left, and […]
Fletcher will become the second long snapper in Alabama history to be awarded a full scholarship out of high school. The first, Cole Mazza, who will graduate this year, was also the No. 1-rated snapper when Coach Nick Saban offered him an Alabama scholarship in 2012. Continue reading the main story Put another way: Alabama’s focus on the littlest details of the game even stretches to the […]
Submitted by Michael Jabara Carley via Strategic-Culture.org, Relations between Russian president Vladimir Putin and US president Barack Obama are poisoned and irretrievably damaged. It’s therefore a good thing that Obama is leaving office on 20 January. Bad US-Russian relations are of course nothing new. Since the Anglo-American war against Iraq in 2003, the US-Russian relationship has been headed downhill. For Obama, it appears that everything has gotten […]
26 December 2016 Dubai – The internet of things (IoT) is rapidly gaining momentum within the healthcare industry of the Gulf Cooperation Council (GCC) countries. According to IDC Health Insights, there has been a steady rise in IoT initiatives over recent years, and in some usage scenarios, IoT services are maturing rapidly toward mainstream deployment. The firm projects IoT spending by healthcare providers across the Middle East […]
Dubai’s Shuaa Capital bought 14 percent of Bahrain’s Khaleeji Commercial Bank on Sunday for 9.6 million dinars ($25 million) and said it would use the stake to support the bank’s expansion. The Dubai-listed investment bank purchased the stake from Alimtiaz Investment Group for 0.065 dinar per share, acquiring 147.1 million shares in a special auction, the Bahraini bourse said. KHCB is an Islamic retail bank with assets […]
ABU DHABI // As Typhoon Nock-Ten struck the Philippines on Sunday, UAE residents voiced fears for relatives in their home country. Officials there warned 2.5-metre high waves and landslides posed the biggest threats as typhoon Nock-Ten, known locally as Nina, closed in on the Bicol peninsula and nearby islands. “It’s Christmas Day and we’re finding it hard to celebrate until we are assured of our family’s safety […]
After more than three months out of the spotlight, Kim Kardashian West is set to make her first public appearance of the new year in Dubai. The American reality television star rescheduled after cancelling her planned trip to the UAE back in October after being robbed at gunpoint in Paris, France, during fashion week. The 36-year-old most famous for reality series Keeping up with the Kardashians was […]
The UAE will host the FIFA Club World Cup tournament in 2017 and 2018, it has been confirmed following the 2016 final which saw Real Madrid crowned world champions. The FIFA Club World Cup 2016 final, played in Yokohama International Stadium, saw the Spanish giants beat Japan’s Kashima Antlers, thanks to a Cristiano Ronaldo hat-trick. The UAE was previously host to the tournament in 2009 and 2010. […]
This year saw the release of the biggest leak of documents in history, when the Panama Papers were made public. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They revealed in detail how parts of the offshore industry work. We asked you what stories over the last 12 months you wanted to hear more about and in […]
2016 was chock-full of surprises, both in markets and in politics. As Goldman’s Allison Nathan explains, the year began with a perfect storm of worries that had become all too familiar already in 2015. Oil prices plunged and fears of faltering growth and a sharp depreciation of China’s currency escalated, driving disruptive sell-offs in credit and other risk assets. Confidence in global growth faltered, particularly after an […]
There are probably those who fail to see the appeal of playing games in a portable computer. But this list of best gaming laptops for 2016 might just change your mind. Aorus X5 v6 Let us begin with the relatively unknown commodity: the Aorus X5 v6. This laptop can slug it out with the best in this list and emerge unscathed in the process. You can expect […]
DUBAI // Anyone who received a drone as a present this year has been reminded that they must register it with authorities. Saif Al Suwaidi, director general of the General Civil Aviation Authority, said it was important people know the regulations that govern drone ownership. “Whether it is received as a gift or bought by the person, it doesn’t matter. People need to register their drones with […]
If your New Year’s resolution is to try something that gets the adrenaline pumping and takes you out of your comfort zone then read on. We have rounded up 14 ideas to get you started. newslide Skydiving The ultimate thrill for adrenaline-seekers is a tandem jump from 13,000 feet over the Palm Jumeirah. Although somewhat pricey, this is a once-in-a-lifetime experience, but the fee includes a video […]
But with few spies in the city, American officials say assessing the enemy is difficult. “We’ve spent a lot of time trying to understand the situation on the ground in Raqqa,” Lt. Gen. Jeffrey L. Harrigian, the air war commander, said in an interview from his headquarters in Qatar. “It’s improving. It’s still not at the level we’d like it to be.” Continue reading the main story […]
A Dubai-based developer has announced a partnership with wellness real estate and technology firm Delos to introduce wellness inspired homes to the UAE over the next five years. MAG Property Development said the first project to be carried out by the partnership will be the residences at MAG of Life Creek Resort, the world’s largest wellness concept in Dubai Healthcare City phase 2. The MAG of Life […]
ArabPlast 2017 promises an international participation accentuated by the presence of the giant operators in the industry of plastics, petrochemicals and rubber Dubai, UAE, 25 December 2016 As the biggest plastics, petrochemicals and rubber industry exhibition in the MENA region, ArabPlast 2017 is set to bring together the key players, experts and industrials in the field from around the world, between 8th-10th January at Dubai World Trade […]
Qatar’s Nebras Power said on Sunday its subsidiary Nebras Power Netherland BV had completed the acquisition of a 35.5 percent stake in Indonesia’s largest independent power producer, PT Paiton Energy. PT Paiton Energy owns a 2,045 MW thermal power plant. Nebras announced the acquisition in a bourse statement. In October, Nebras’ chief executive Khalid Jolo told Reuters the company planned to acquire the stake from France’s Engie […]
Your daily guide to community and cultural activities across the Emirates for December 26, 2016, including Christmas attractions, food markets, art exhibitions, fitness events, performances, film screenings and family fun. newslide Abu Dhabi Film screening Catch a screening of The Patience Stone. The film is about a young woman in a country torn apart by war, who watches over her comatose husband and begins to tell him […]
ISTANBUL — When a Turkish police officer assassinated Andrey G. Karlov, Russia’s ambassador to Turkey, on Monday, it felt for a moment as if the whole world shook. The killing took place at a time of global uncertainty and reminded some observers of the start of World War I. The truth, however, is that despite shaky relations between Russia and Turkey in recent years, the assassination is […]
If you have yet to make plans for New Year’s Eve, don’t worry, it is not too late. Most restaurants will be open and serving up special meals to ring in the new year. Here are some of the most notable spots to get a memorable meal and a view of the fireworks as you welcome in 2017. Abu Dhabi For a great view of the fireworks […]
