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LEBANON.  Byblos Bank issued today, in cooperation with the Olayan School of Business at the American University of Beirut, the results of the Byblos Bank/AUB Consumer Confidence Index for the first half of 2015. The results show that the Byblos Bank/AUB Consumer Confidence Index declined marginally in January and February, grew in March, regressed in April, and slightly improved in May and June 2015. Further, the Index […]

Middle East

GAZA CITY — A new training regimen for fighters in Hamas’s armed wing employs slide presentations and a whiteboard rather than Kalashnikov rifles and grenades. The young men wear polo shirts instead of fatigues and black masks. They do not chant anti-Israel slogans, but discuss how the Geneva Conventions governing armed conflict dovetail with Islamic principles. The three-day workshop, conducted last month by the International Committee of […]

Middle East

ABU DHABI // Residents of Khalifa City are eagerly awaiting the opening of a 250-bed hospital that will create 800 jobs by the end of the year. The US$200 million (Dh734.6m) NMC Royal Hospital will specialise in 25 fields and will be a first for the area, on the outskirts of the capital. “According to the Abu Dhabi Vision 2030, the city is planning to grow outwards […]

Middle East

ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi, on Wednesday held talks with Yemen’s visiting leader on the future of his country and plans to help rebuild it. Yemeni president Abdrabu Mansur Hadi arrived on Wednesday for a two-day visit including talks with Sheikh Mohammed, also Deputy Supreme Commander of the Armed Forces. The two discussed progress made by the Saudi Arabia-led coalition, […]

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UAE. Media outlets in the UAE and elsewhere have picked up on a variety of recent stories regarding the use of social media in the UAE.  These stories include one about an Australian expat being arrested, jailed and deported after posting a picture of a car taking up two disabled parking spots.  A similar story from earlier in the summer related to an appellate decision to overturn […]

Middle East

A Palestinian man mourned next to the body of Ali Dawabsheh, an 18-month-old boy who died in a July 31 arson attack in the West Bank. The boy’s father, Saad Dawabsheh, 32, died on Saturday from wounds sustained in the attack. By RAMI NAZZAL and ISABEL KERSHNER August 8, 2015 DUMA, West Bank — The severely burned father of a Palestinian toddler who was killed in an arson attack died of […]

Middle East

CAIRO — Egyptian militants affiliated with the Islamic State extremist group have threatened to kill a Croatian hostage within 48 hours unless the Egyptian government releases female prisoners, according to a video released Wednesday. It was the first time in a two-year-old campaign of violence against the government that the militants had kidnapped or threatened to execute a foreigner, raising new fears of more attacks. Many analysts […]

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Middle East

CAIRO — Secretary of State John Kerry told the Egyptian authorities on Sunday that they would not be able to defeat terrorism at home unless they showed greater respect for human rights. “The success of our fight against terrorism depends on building trust between the authorities and the public,” Mr. Kerry said at a joint news conference with his Egyptian counterpart. “If that possibility does not exist, […]

Middle East

DUMA, West Bank — Residents of this Palestinian hamlet still awake on a hot summer night heard the screams and rushed to the Dawabsheh home. Outside, Saad, 32, lay writhing on the ground. Nearby, his wife Riham was still on fire. Their 4-year-old son was could be heard cyring inside the burning house and his brother, 18-month-old Ali, was already dead. Witnesses and officials attributed the attack […]

Middle East

Photo Lt. Col. Kate Germano, who took command of the Marine Corps’ all-women boot camp, was fired on June 30. The Corps said her Marines had been mistreated; she said her ability to command had been undermined.Credit Department of Defense Earlier this week, The Times asked readers what they thought of Lt. Col. Kate Germano’s article arguing parity for men and women who enlist in the Marines Corps, and […]

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SAUDI ARABIA. A recent study released by Glowork, the leading organization for women employment in the region highlights female’s perceptions before graduation. A total of 2000 women from 10 universities Kingdom-wide were surveyed. There were some interesting statistics revealed as it was broken down by city. 49% of women in Riyadh expected to work in a supervisor or manager level when graduating, it was much higher in […]

Middle East

ABU DHABI // Bertrand Piccard, co-founder of the Solar Impulse project and one of the pilots of Solar Impulse 2, the world’s first totally solar-powered aircraft, is looking to his staunchest supporters for funds to continue his journey around the world. Mr Piccard returned to Switzerland looking for €20 million (Dh80m) to repair the damage caused to Solar Impulse 2 as it flew to Hawaii. As the […]

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|TAP Special By K Raveendran| With the fuel subsidies issue having been settled, attention now shifts to the possibilities of introducing value added tax as another option to bolster the UAE’s financial resources. Starting August 1, 2015, special grade petrol across fuel stations in the UAE will cost Dh2.14 per litre, up 24.4 per cent from Dh1.72. The super grade will cost Dh2.25, up 22.9 per cent […]

Middle East

JERUSALEM — The two issues with perhaps the broadest consensus and resonance in Israeli politics are opposition to the Iran nuclear deal and support for the release of Jonathan J. Pollard, the convicted Israeli spy, from a North Carolina prison. Now the two could be tied together, as some in Washington appear to be highlighting Mr. Pollard’s likely parole in November in hopes of quieting the vigorous […]

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Middle East

ADEN // An Emirati plane landed in Aden at dawn on Friday, bringing humanitarian aid to the southern Yemeni city only hours after its airport came under rocket fire from rebels. In total, four aircraft have arrived at the port city since the symbolic reopening of Aden’s international airport on Wednesday, which followed nearly four months of fierce fighting. The UAE plane delivered medical supplies from the […]

Middle East

Video | Kerry Defends Nuclear Deal to Senate Secretary of State John Kerry defended the Iran nuclear deal on Thursday before the Senate Foreign Relations Committee, meeting resistance from Republican members of the group. By JONATHAN WEISMAN and MICHAEL R. GORDON July 23, 2015 WASHINGTON — After four and a half hours of contentious questioning, three cabinet secretaries deployed Thursday by President Obama to the Senate to defend his nuclear deal with […]

Investing

|By Matein Khalid| As a student of investing and the son of a painter/art historian, I cherish art as a visceral, spiritual value but am also intrigued by its historical linkage to banking and the financial markets. The happiest moments of my life have been spent in the Prado, Tate, Hermitage, Rijksmuseum, Ufizi, MOMA, Met, the National Gallery on Trafalgar Square, the Louvre, Musee d’Orsay and so […]

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Turning rubble into homes, the Dutch style AMSTERDAM, 2 days ago In Dutch capital Amsterdam, a mobile factory, the size of two shipping containers, ingests rubble at one end, liquifies it into cement and spurts out Lego-shaped building blocks. Call it rubble for the people, converting the deadly debris from disasters into homes and hospitals, cheaply and quickly. It’s the brainchild of Gerard Steijn, a 71-year-old sustainable […]

Middle East

TEHRAN — Ayatollah Ali Khamenei, the supreme leader of Iran, voiced support on Saturday for his country’s nuclear deal with world powers while emphasizing that it did not signal an end to Iran’s hostility toward the United States and its allies, especially Israel. “Their actions in the region are 180 degrees different from ours,” he said. Speaking after a special prayer marking the end of the Muslim […]

Middle East

CAIRO — Security forces killed six antigovernment protesters at Islamist demonstrations near Cairo on Friday morning, highlighting continued tensions two years after the military takeover that removed President Mohamed Morsi of the Muslim Brotherhood. The clashes, in the Giza neighborhoods of Talbiya and Nahia, took place as crowds gathered after morning prayers that signaled the beginning of the Eid al-Fitr holiday, at the end of the holy […]

GasGuzzlers

Tonight we here in the US of A bid a fond farewell to Top Gear when the last show featuring the trio of Jeremy “The Orangutan” Clarkson, Richard “The Hamster” Hammond, and James “Captain Slow” May airs on BBC America. I’m sure I don’t need to go into the details about how their run on the show came to an end, but there was some doubt whether […]

Middle East

Secretary of State John Kerry in Vienna on Sunday. By MICHAEL R. GORDON and DAVID E. SANGER July 12, 2015 VIENNA — Negotiators from Iran and six world powers are getting closer to a landmark agreement that would limit Tehran’s nuclear ability for more than a decade in return for sanctions relief, diplomats said on Sunday. Although the talks adjourned for the day with no agreement, negotiators said they would renew their efforts […]

Middle East

Reporter’s Notebook By DAVID E. SANGER and MICHAEL R. GORDON July 11, 2015 VIENNA — Absent real pronouncements 11 days after the hard-and-fast deadline for a nuclear deal with Iran, people have begun looking to the balconies to determine if a deal is imminent. Well, one balcony: Mohammad Javad Zarif’s, Iran’s foreign minister, who on Saturday spent a lot of time in the sun. As the diplomacy churned on, Mr. Zarif was reading […]

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Prices for German luxury cars in China are tumbling as the country’s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. At Mercedes-Benz stores operated by a dealer group with nearly 200 multiple brand outlets, customer traffic at showrooms has dwindled markedly since mid-June, when a stock market slide that saw indexes plunge by […]

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