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Messi secures consecutive MLS Golden Boots with 26 goals // Dubai approves airport Metro link for 2031 opening // Japan’s Nikkei advances as buyers return after sell-off // Moonless skies improve stargazing conditions across northern Saudi Arabia // UAE forecasts heavy showers across northern regions midweek // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // GCC defence ministers discuss military coordination amid Iran conflict // FinCEN identifies $8 billion in suspect overseas payments // OnePlus 16 India debut reconsidered amid launch discussions // COP31 leaders demand accelerated action as warming intensifies // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // ADNOC Gas quarterly profit doubles to $1.34 billion // Thai Airways discloses 60,529 records exposed through Amadeus // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // North Korean hackers widen drone and software attacks // FAB takes full ownership of Bahrain fund administrator Yasira // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // France identifies Iranian Guards as supermarket hacking suspects // Flydubai Dammam cancellations persist as Etihad extends suspensions // Google school AI search policy draws Senate challenge //

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Abu Dhabi 22 December 2016 Union National Bank (UNB) signed a Memorandum of Understanding (MoU) with the Emirates Institute of Banking and Financial Studies (EIBFS). The signing ceremony took place on Tuesday 20th December 2016, at UNB head office, Abu Dhabi, and was attended by Mr. Mohammad Ali, Deputy CEO from UNB, and Mr. Jamal Al Jassmi General Manager of EIBFS, along with other Senior Executives from […]

JERUSALEM Israel will re-assess its ties with the United Nations following the adoption by the Security Council of a resolution demanding an end to Israeli settlement building, Prime Minister Benjamin Netanyahu said on Saturday. The vote was able to pass the 15-member council on Friday because the United States broke with a long-standing approach of diplomatically shielding Israel and did not wield its veto power as it […]

By Tracy Rucinski | CHICAGO CHICAGO Caesars Entertainment Corp’s (CZR.O) bankrupt operating unit resolved a dispute with its lenders on Friday, paving the way for a consensual plan to push the casino group out of its $18 billion Chapter 11. In filings with the U.S. Bankruptcy Court in Chicago, bank lenders said they had reached an agreement over their recovery terms and were withdrawing a threat to […]

Photo Prime Minister Benjamin Netanyahu of Israel, at a ceremony on Saturday marking the beginning of Hanukkah, described a Security Council resolution condemning Israeli construction in the West Bank as “delusional” and “absurd.” Credit Jack Guez/Agence France-Presse — Getty Images JERUSALEM — In a furious riposte a day after the United Nations Security Council’s adoption of a resolution condemning Israeli settlement construction, Prime Minister Benjamin Netanyahu on […]

Written by Ritu Sarin | New Delhi | Published:December 25, 2016 4:55 am The Letters of Intent along with the precise quantum of orders to each foreign firm would be finalised soon. The remonetisation drive — and the frantic printing of banknotes — has brought some Christmas cheer for some of the world’s largest currency paper suppliers. Over Thursday and Friday, principals of eight foreign firms were […]

Region’s Largest Financial Advisor Observes “Troublingly Low” Penetration Rates across the Country Key Benefits Include Medical Emergency Coverage, as well as Compensation for Flight Delays and Loss of Personal Belongings 22 December 2016 Dubai, United Arab Emirates UAE holidaymakers are putting themselves at increased risk of facing serious financial repercussions by not taking measures to adequately cover themselves in the event of a travel emergency, experts […]

“The resolution that was passed by the U.N. yesterday is part of the swan song of the old world that is biased against Israel,” Mr. Netanyahu said at a Hanukkah candle-lighting ceremony honoring wounded soldiers and terrorism victims. “But, my friends, we are entering a new era and, as President-elect Trump said yesterday, that is going to happen a lot faster than people think.” Continue reading the […]

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The FBI has launched an investigation into the security breach that had affected computers of the Federal Deposit Insurance Corporation for several years starting from 2010, according to people familiar with the matter. Senior officials of the FDIC believe that the infiltration was sponsored by the military of China, as revealed in a congressional report that was published in July. Hackers Invade The FDIC According to the congressional […]

Saudi Arabia plans to borrow between $10 to $15 billion from international markets in 2017 and around 70 billion riyals from the domestic market, a senior Saudi official told Al Arabiya television channel. Mohammad al-Tuwaijri, secretary-general of the Finance Committee at the Royal Court, was speaking to Al Arabiya in an interview aired on Friday. The Saudi government borrowed $17.5 billion this year in its first international […]

By Lawrence Delevingne | NEW YORK NEW YORK When six executives of Platinum Partners, including founder Mark Nordlicht, were arrested on Monday on federal charges of running a more than $1 billion hedge fund fraud, people who had long alleged they were harmed by the New York-based firm felt some vindication. But the possibility that each defendant might face prison terms has done little to soothe their […]

The power of a good interview to shed light on the personalities and themes driving the news agenda was demonstrated clearly in the year of tumult that has been 2016. As geopolitical shocks spread, a roll call of politicians, business leaders, celebrities and cultural figures sat down with the Financial Times to share their thoughts. In the UK, Theresa May revealed some insights into her brisk management […]

It turns out there is a downside to spending 120% of your annual income every year from the time you graduate college until that day you turn 40 and finally realize that you’re getting old and have absolutely no liquid assets and no hopes of ever retiring.  While the above strategy seemingly makes sense to our elitist, Ivy League-educated central planners at the Fed who have waged […]

A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]

The vote for Brexit will change the course of Britain’s history, Philip Hammond announced last month. The UK chancellor may be a strident advocate for a soft departure from the EU but he has also been keen to paint a positive picture of the country’s economy, saying the UK’s fundamental strengths will “ensure our future success”. Financial markets are sceptical. The economy may have confounded doom laden […]

Ma’aden, QIC and Bupa Arabia are fastest growing companies in 2011-15. Nearly 90% of fastest growing companies come from Saudi Arabia and Qatar. Share prices rose for almost all the fastest growing companies. Collectively, the fastest growing companies achieved around 100% stockmarket outperformance. 22 December 2016 A landmark report released today by research group Marmore MENA Intelligence profiles 15 of the fastest growing listed […]

By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]

UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]

When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]

“The boundaries of uncertainty have increased [for fixed-income markets],” says Dan Ivascyn, chief investment officer at Pimco, the bond specialist that invests more than $1.5tn. “Rates certainly can go higher.” What is clear for bond investors is that they face a true test of their convictions in 2017 after an end to 2016 that challenged the consensus of low inflation and rates that, at one point, drove […]

This wasn’t all that crazy, until the very end when he dimmed the lights and executed a fatality move on her. The look on her face was priceless. Watch the full vid for full effect, so that you can appreciate the fatality move all the more. I’m all about spreading the holiday cheer. Enjoy this with your families by the fireside.   Content originally generated at iBankCoin.com […]

On April 7, 14 large blue letters quietly disappeared from the outer walls of an office building in an exclusive neighborhood in northern San Salvador. One by one, the letters came down from the blue and beige stucco walls, leaving behind faint traces of the name of the law firm that had been working there just days before: M-O-S-S-A-C-K-F-O-N-S-E-C-A. Employees of the El Salvador branch of Mossack […]

Dubai-UAE: 22 December, 2016   Awqaf and Minors Affairs Foundation (AMAF) in Dubai and the Khalaf Ahmed Al Habtour Foundation for Charity (KAHF) have lately signed an awqaf investment partnership contract to build a residential commercial building. Revenues from the building will be allocated to the Umom Al Kheir Bank, run by AMAF. KAHF will provide full funding for the project, estimated at AED8 million. His Excellency Tayeb […]

A hundred years ago, an arms race between the dominant global superpower the (British Empire) and a rising power (Kaiser Wilhelm’s Germany) culminated in the mass slaughter of World War One. The deep mistrust between the United States and the People’s Republic of China has all the potential to spawn a traumatic chapter in international relations. Despite its “pivot” to Asia, the Obama White House was cautious […]

That longstanding principle has largely collapsed since the victory by Mr. Trump, who campaigned on a strategy of breaking all the rules and has continued to speak in unmodulated tones. Continue reading the main story “In some ways, Trump is neutering the Obama administration,” said Douglas G. Brinkley, a professor of history and a presidential historian at Rice University in Houston. “They’ve avoided personally attacking each other, […]

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Just in:
Jailbroken AI agent targets European telecom infrastructure // UAE forecasts heavy showers across northern regions midweek // Moonless skies improve stargazing conditions across northern Saudi Arabia // Flydubai Dammam cancellations persist as Etihad extends suspensions // Japan’s Nikkei advances as buyers return after sell-off // France identifies Iranian Guards as supermarket hacking suspects // FAB takes full ownership of Bahrain fund administrator Yasira // FinCEN identifies $8 billion in suspect overseas payments // Abu Dhabi unveils restored Porsche from royal motorcade // US relocates tankers from second British base amid threats // Iran displays school strike memorial at COP31 summit // North Korean hackers widen drone and software attacks // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // GCC defence ministers discuss military coordination amid Iran conflict // Messi secures consecutive MLS Golden Boots with 26 goals // Canada seeks tariff easing following US election upheaval // Dubai approves airport Metro link for 2031 opening // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // ADNOC Gas quarterly profit doubles to $1.34 billion //