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DUBAI // A top celebrity cardiologist has urged people to ditch “white death” diets of bread, pasta, sugar and salt if the UAE is to tackle its rampant levels of diabetes. Bestselling Australian author Ross Walker, credited with changing attitudes to eating with his no-nonsense advice, on Monday told of the key health messages that could improve the lives of millions in the UAE. Health can be […]

Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according to the government. That might make it a good time to buy into a Saudi bank. And substantial stakes in two of them are up for sale. But in both cases, it’s international lenders who are seeking to get out – and there are no big-name global […]

Aluminium Bahrain, also known as Alba, has announced that it has secured commitments of about $700 million from Export Credit Agency (ECA) supported facilities to finance its Line 6 Expansion Project. Expected to start metal production in early 2019, Line 6 will boost the annual production by 540,000 metric tonnes upon its full ramp-up, the company said in a statement. It said the new line will bring […]

By Yashaswini Swamynathan U.S. stock index futures rose sharply on Monday, tracking European and Asian stocks, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election. * Polls showed pro-EU Macron is expected to beat right-wing rival Marine Le Pen in a deciding vote next month, reducing the chances of France taking a Britain-like […]

Credit: CC0 Public Domain Hackers are able to decipher PINs and passwords just from the way we tilt our phone when we are typing in the information. Cyber experts at Newcastle University, UK, have revealed the ease with which malicious websites, as well as installed apps, can spy on us using just the information from the motion sensors in our mobile phones. Analysing the movement of […]

Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s Dax, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who is seen as a 61% to 39% favorite to defeat Le Pen […]

By Bate Felix and Sudip Kar-Gupta | PARIS PARIS Round two of the bitter fight for the French presidency got under way on Monday within hours of first round results with far-right leader Marine Le Pen’s top aide launching a stinging attack on her centrist opponent Emmanuel Macron. “Emmanuel is not a patriot. He sold off national companies. He criticised French culture,” Florian Philippot, deputy leader of […]

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Investigators said Levashov was believed to have been “carrying out this type of (hacking) activity for more than 10 years, earning huge profits” US authorities moved Monday to take down a global computer botnet behind the massive theft of personal data and unwanted spam emails, as Spain arrested the notorious Russian hacker who operated it. US authorities say the Russian, Piotr or Peter Levashov, had operated the […]

24 April 2017 Dubai – Commercial Bank International (CBI or ‘The Bank’) today announced its financial results for the first quarter (Q1) 2017. Financial highlights – three-months ended 31 March 2017: ·         Operating Income increased by 9% to AED 203 million versus AED 187 million in Q1 2016. ·         Net profit of AED 21 million. Advertisement ·         Net interest income increased by 10% to AED 126 million […]

PARIS Emmanuel Macron’s camp should perhaps keep the champagne on ice a little longer. The young independent centrist’s qualification on Sunday for the runoff of France’s presidential election in two weeks’ time will certainly bring a sigh of relief in European capitals and financial markets; opinion polls suggest he will beat his far-right rival Marine Le Pen with ease. But to have a real chance of implementing […]

The UAE has a Minister of Happiness. It also has a happiness rating, and for three years running has been the highest-ranked Arab country on the global Happiness Index, an annual list compiled by the Sustainable Development Solutions Network, under the General Secretariat of the United Nations. It also ranks 21st globally. A recent YouGov survey revealed that more than three-quarters of new arrivals in the UAE […]

For Myanmar’s first generation of bank customers, there is little difference between a Visa card and one from China’s state-controlled card-payment monopoly, UnionPay. With only 2 per cent of the Southeast Asian nation’s 53m people carrying plastic in their wallets, UnionPay’s rapid push into the frontier market will make its red, blue and green logo one of the first that Burmese youth see when opening an account […]

The euro surged in early Asian trading after Emmanuel Macron, investors’ preferred candidate, appeared on track to make it through to the final round of the French presidential election, which opinion polls suggest he will win. Mr Macron, who supports open markets and France staying in the EU, won 23.7 per cent of the vote in the first round vote on Sunday, according to three estimates for […]

The American economy and the industries that power it have experienced fascinating change over the last half century. An interesting way to track that change is by following the largest, most powerful companies in the United States has they make their way up and down the annual Fortune 500 list. Slant Marketing has done just that and compiled their findings into a super interesting interactive that can […]

April 23, 2017 by: Anne-Sylvaine Chassany in Paris Emmanuel Macron will go head-to-head against Marine Le Pen in the run-off election for French president on May 7 after qualifying in Sunday’s first round vote. Mr Macron, an independent centrist, came out on top with 23.7 per cent of the vote ahead of Ms Le Pen, the far-right leader, on 21-22 per cent, according to three estimates for […]

By Michelle Martin | COLOGNE, Germany COLOGNE, Germany The anti-immigrant Alternative for Germany (AfD) party on Sunday chose a tough-talking former member of Chancellor Angela Merkel’s conservatives and an economist to lead its campaign for a September election in a line-up likely to drag the group further right. The party had stolen voters from Merkel during the migrant crisis but now looks less of a threat on […]

ZURICH Credit Suisse (CSGN.S) will not decide on how it wants to raise fresh capital until after this week’s annual general meeting, SonntagsZeitung reported on Sunday. The Swiss bank is considering a quick-fire share sale or listing 20 to 30 percent of its Swiss business in order to raise between 3 and 6 billion Swiss francs ($3-$6 billion) in new capital, the Swiss newspaper said, citing sources […]

French voters are going to the polls in the first step of a nail-biting two-round process to elect France’s next president. The election, which will choose a leader with some of the greatest executive powers among western democracies, has turned into a four-way cliffhanger after months of campaigning marked by embezzlement scandals, terror attacks, the collapse of old mainstream parties and the rise of candidates from the […]

BERLIN German Finance Minister Wolfgang Schaeuble is not worried by the prospect of cuts to corporate tax rates in the United States he told German magazine Wirtschaftswoche on the sidelines of the IMF and World Bank spring meetings in Washington. U.S. President Donald Trump on Friday promised a big announcement about tax reform shortly and ordered a review of Obama-era tax rules written to discourage U.S. companies […]

newslide James Cameron confirms Avatar sequels coming in 2020 James Cameron has set the release dates for the next four Avatar sequels, with the first coming in 2020. The movie’s Facebook page posted a photo of Cameron and his massive film crew, who have been working on all four films simultaneously. The post said Avatar 2 will hit theaters December 18, 2020, and Avatar 3 comes a […]

Family businesses in the GCC region face serious challenges in a highly competitive modern-day business environment, according to a new report. Orient Planet Research’s study said key issues such as corporate governance and succession continue to stalk family-led enterprises in the region. According to the report, governance, financial and succession concerns are turning into challenges due primarily to the force of globalisation, the rising number of family […]

When North Korean traders give Li Jian long lists of the goods they want to buy, he checks the items against a 236-page Chinese translation of the UN sanctions imposed after Kim Jong Un’s regime conducted a sixth nuclear weapons test in September.  “If it’s on the sanctions list, we can’t provide it,” Mr Li said from his office in downtown Dandong, the Chinese border city through which […]

By Roberta Rampton | SYDNEY SYDNEY U.S. Vice President Mike Pence crouched down in the shade of a eucalyptus tree on Sunday at Sydney’s Tarango Zoo where Penny, a red kangaroo, dozed in the midday heat, scratching her behind the ears before she lazily rolled onto her back. “That’s my usual position on a Sunday afternoon,” Pence said as a bank of cameras clicked, capturing yet another […]

22 April 2017 In line with its core values of supporting the community in the Sultanate and developing employment opportunities for Omani youth, Sohar Islamic, Bank Sohar’s Islamic Banking Window, recently participated in the 3rd Intercollegiate Career Fair. The event was organised by Waljat College of Applied Sciences (WCAS) in association with number of colleges in the country and held under the auspices of Dr. Younis Bin […]

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