Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle. Lieutenants in Trump’s army: Bannon, Flynn & Sessions Here at the Diary, we do not […]
|ARABIAN POST SPECIAL|By K Raveendran| As predicted, Emaar chairman Mohammed Alabbar’s foray into e-commerce has already started creating waves in the regional and global online retailing market. In an apparent move to retain its clout, global e-commerce leader Amazon.com is reportedly in talks to acquire Dubai-based online retailer Souq.com. Amazon is reportedly considering a bid for all of souq.com, which had initially planned to sell a minority stake. […]
|AN ARABIAN POST SPECIAL| A little or lesser known DIFC company floated by a few Indians is caught up in a controversy involving a big ticket acquisition worth billions of dollars. The acquisition bidder claims that the bid for a major gaming company was made on the basis of funding commitment by the DIFC company, which however denies any connection with the bid. The controversy relates to […]
Sheikh Mohammed bin Zayed greets a young guest during the wedding reception. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi Sheikh Mohammed bin Zayed, sixth left, at the wedding reception of Faisal Al Hammadi, third left. With them are Sheikh Ahmed bin Saud bin Saqr Al Qasimi, left, Sheikh Nahyan bin Mubarak, Minister of Culture and Knowledge Development, second left, Mohamed Al Murr, former Speaker […]
|By Arabian Post Staff| Emarat Dzayer Group, a Dubai-based diversified business conglomerate, and Groupe Imetal, a Government of Algeria undertaking, has signed an agreement to develop a US$1.6 billion (Dh5.87 billion) steel plant in Algeria’s Annaba Province. The agreement was signed on Tuesday in Algeria, on the sidelines of the Algerian-Emirati Investment Forum in the presence of Abdel Malek Sellal, Prime Minister of Algeria, Sheikh Mansour Bin Zayed […]
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, attends the wedding reception of Faisal Al Hammadi, left, at the Armed Forces Officers Club. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi Sheikh Mohammed bin Zayed at the wedding reception of Faisal Al Hammadi, right. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi Sheikh Mohammed […]
Photo High-school-football games showcase so much more than just athletics. Credit Jonno Rattman for The New York Times Kenny Byrd broke one tackle, then another, and soon he had nothing in front of him but end zone. The crowd roared with delight; the marching band lifted its horns and belted out a celebratory rendition of “Shut Up and Dance.” Cowbells clanged. Behind me, the superintendent of schools […]
There’s always a real buzz in Abu Dhabi around the time of the Grand Prix and whether you’re a fan of Formula One, or not, there’s plenty to see and do. We have rounded up some of the best ways to get involved in the hype without hotting the grandstands. F1 FanZone If you’re not in the stands at Yas Marina Circuit, the next best place to […]
A new botanical wonder has taken root at the heart of the world’s largest natural flower garden in Dubai. Emirates airline has teamed up with Dubai Miracle Garden to construct the world’s largest floral installation through a life-size version of the Emirates A380, covered in more than 500,000 fresh flowers and living plants. When in full bloom, the aircraft structure will have an unprecedented total stem count […]
ABU DHABI // Education is essential for the future of young Emirati men and women and the whole nation, Sheikh Nahyan bin Mubarak told the Arab Knowledge Forum in Dubai this week. The UAE Minister of Culture and Knowledge Development said the UAE is moving in the right direction thanks to “wonderful examples of young Emiratis”. “We must provide an education that empowers our youth to embrace […]
When Amna Al Hashemi was contemplating which dishes to add to the menu of her new restaurant, Mitts and Trays in Dubai’s City Walk Phase 2, she sat down, closed her eyes and tried to think of the dishes that evoked her happiest memories. If these dishes stirred up good memories for her, she surmised, then they’d do the same for her customers. Madras chicken curry was […]
Four suspected al Qaeda members have gone on trial accused of plotting to assassinate the late King Abdullah of Saudi Arabia, newspapers in the kingdom reported on Tuesday. The reports provided no details on the alleged assassination plot or when it may have occurred, but said the defendants were also charged with belonging to an extremist group, communicating with an al Qaeda leader and attempting to recruit […]
Your daily guide to community and cultural activities across the Emirates for November 23, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Comedy show Attend Comedy at the Greek and have some fun with the Yalla Laughs crew, featuring top local and regional comedians including Marwan Al Hashimi, Jon Boulton, Christian Plouvier, Akshay Ahuja, […]
Tolerance is a significant issue in modern society. The borders between countries are unseen due to the processes of globalisation. Conflicts and wars around the world have caused a significant rise in the number of refugees who flee to other countries looking for peace and comprehension. In the modern world, people of different ethnicities, political ideologies, religious views and cultural backgrounds live together, and this changes how […]
The most notable thing about today’s Treasury auction of $34 billion in 5 Year paper is not what happened after the 1pm announcement of its pricing, but what has been taking placed in the last few days, where as the following charts from SMRA, there has been a major surge in shorts, who have in turn sent the underlying paper “super special” in repo, to the tune […]
|By Arabian Post Staff| Etihad airline is in talks to take a stake in Germany’s Air Berlin subsidiary Niki, which is an Austrian-based leisure operator, media reports quoting insiders said. Niki is being spun off and merged with another player, it was stated. Bloomberg said Etihad’s stake holding in Niki will be as a prelude to combining it with TUI AG’s German airline unit. The valuation will […]
The film had been pilloried by conservative Christians for a dream sequence in which Christ has sex with Mary Magdalene. In depicting Christ’s life as a doubt-ridden struggle between his human and divine natures, Scorsese had intended to make a film that was at once an act of doubt and an act of faith. In the novel he was reading, the priest was shown profaning an image […]
Photo A view of Aleppo from rebel-held territory. Staffan de Mistura, the United Nations special envoy to Syria, said he feared that the eastern part of the city could be razed before Donald J. Trump is inaugurated. Credit Abdalrhman Ismail/Reuters BEIRUT, Lebanon — The United Nations special envoy to Syria offered unsolicited advice on Monday to President-elect Donald J. Trump: Pay attention to what happens between now […]
Torture and other forms of ill-treatment persist in Bahrain despite reforms introduced by the Gulf Arab kingdom to address alleged human rights abuses after a 2011 uprising, Amnesty International said on Monday. An Amnesty report assessing the work of oversight bodies set up to deal with grievances or guard against further abuses said it had found “serious shortcomings” in the work of two British-supported institutions whose work […]
Photo A cemetery on the outskirts of Gaziantep, Turkey. Grave No. 38487 holds the body of a 4-year-old girl who died of wounds she received when a shell containing sulfur mustard agent hit her home in Marea, Syria. Credit Bryan Denton for The New York Times WASHINGTON — The Islamic State has used chemical weapons, including chlorine and sulfur mustard agents, at least 52 times on the […]
In light of the recent surge in shorts across the curve, which as the table below shows has pushed repo rates deep into special territory, with the 2-Year going negative ahead of today’s auction… … it may have been the squeeze going into today’s 1PM auction announcement that prevent an uglier result for the just concluded sale of $26 billion in 2 Year paper. Pricing at 1.085%, […]
FUJAIRAH // An Emirati girl who suffered severe injuries when she fell from the second floor at her school in Fujairah has yet to return to classes and faces a long road to recovery. Alaa Al Abduli, 14, was sitting on a small wall at Lubaba bint Al Harith School, in Al Bidyah, near Fujairah City when she lost her balance and fell on October 4. She […]
Downtown Damascus feels busy and alive, with people boarding vans and buses to get to work as in any other city. But the heavy traffic is partly a result of the security checkpoints that have proliferated. Continue reading the main story We were forbidden to photograph checkpoints, but they are ubiquitous. Our government-required minder alternately castigated, teased and charmed the soldiers and militiamen to speed our passage. […]
Sweden’s Henrik Stenson has won European Tour’s Order Of Merit for the second time after none of his challengers could replace him at the top of the money list on the final day of the DP World Tour Championship in Dubai on Sunday. Matthew Fitzpatrick holed a nerve-shredding four-foot putt at the 18th to win the season-ending tournament at Jumeirah Golf Estates, Dubai. The 22 year trailed […]
