Nepali fashion model Anjali Lama walked in 20 shows at Mumbai’s fashion week last week, becoming the first transgender model to take part in the event as part of the usual troupe of models. Ms. Lama, 32, in December beat more than 120 others to win a competition to take part in the Lakmé Fashion Week, or LFW, in Mumbai. But her journey there wasn’t easy. She […]
Loss-making Dubai construction firm Arabtec is working with boutique investment bank Moelis to study options for the company’s capital structure, sources familiar with the matter told Reuters on Sunday. A mandate for restructuring advisory firm AlixPartners to reduce overheads at Arabtec was completed at the end of last year, the sources said, declining to be named as the information is not public. The sources said that the […]
If the new proposal is approved next Wednesday, Munich employees’ desktops will be running Windows 10 by the end of 2020. Image: Getty Images/iStockphoto Munich’s city authority is a step closer to moving thousands of council computers from Linux to Windows, in a reversal of one of open-source software’s marquee successes. The authority’s administrative and personnel committee this week made a long-awaited recommendation for the reorganization of […]
BAGHDAD: Two rockets landed in Baghdad’s highly fortified Green Zone on Saturday night following clashes at anti-government protests that left five dead, according to Iraqi security and hospital officials.The rocket attack left no casualties as the munitions landed on the parade grounds in the center of the highly fortified Baghdad compound that is home to Iraq’s government and most foreign embassies. It was not immediately clear who […]
“GII” Investing 100 million Pounds to develop a premium residential apartments in London. Dubai: 13th Feb 2017 “Gulf Islamic Investments” LLC (“GII”) and Northacre PLC announced Northacre’s appointment as development manager for a new boutique luxury residential development in the heart of Chelsea. UAE-based GII acquired the site, formerly the Chelsea Police Station. GII recognised the potential for the former Chelsea Police Station site before appointing Northacre […]
Photo Residents walked through the destruction in eastern Aleppo last month, after it was brought back under the control of government forces. Credit Hassan Ammar/Associated Press President Bashar al-Assad of Syria suggested in an interview published Friday that he could foresee cooperation with the Trump administration and might even countenance the deployment of American soldiers in the country one day. The remarks by Mr. Assad appeared to […]
If you want to check the pulse of the mining sector one of the best places to go is the Mining Indaba in Cape Town. For this year’s annual gathering, with the sector in a far better place than it was 12 months ago when the mining industry was wallowing in debt, many executives, bankers and government officials may have been looking forward to some warm weather […]
PNC Menon is a busy man — it takes several months to lock an interview into his diary. But on the day of our meeting in Dubai, the Indian-born real estate developer exudes characteristic warmth and courtesy, refusing to allow Arabian Business to leave without a bowl of Middle Eastern halva and repeatedly asking whether we have enough milk in our tea. A long-term UAE resident and […]
ERBIL, Iraq Western-backed Syrian forces should isolate Islamic State’s de facto capital in Syria “by the spring” before an offensive on the city itself, British Defence Secretary Michael Fallon said on Saturday. The Syrian Democratic Forces, which includes the powerful Syrian Kurdish YPG militia, launched the campaign on Raqqa in November. It announced this month the start of a new phase in the offensive, aiming to complete […]
TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion yen on a U.S. nuclear unit that came to light in late 2016. During the year-earlier period, Toshiba lost a similarly significant 479.4 billion yen. […]
A powerful nighttime earthquake in the southern Philippines killed at least six people and injured more than 120, with officials combing through cracked buildings and nearby towns Saturday to check on the damage and other possible casualties. The magnitude 6.7 quake roused residents from their sleep late Friday in Surigao del Norte province, forcing hundreds of people to flee their homes. The quake was centered about 16 […]
Record investment deals on the show floor of Cityscape Abu Dhabi in 2016 have resulted in more than 90 percent of show floor space already sold for this year’s event, the organisers have announced. With sales permitted directly from exhibitor stands for the third year running, a host of new property developers have confirmed their participation at the three day event in April. Organisers said that the […]
By Helen Reid and Abhinav Ramnarayan | COVENTRY, England COVENTRY, England U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent. Speaking at the Warwick Economics Summit on Saturday, Fischer also said he thought Dodd-Frank financial regulation would […]
“Now we have all the prospects of a fresh start,” Ilnur Cevik, a senior adviser to Mr. Erdogan, said during an interview at the presidential palace in Ankara, the Turkish capital. “We have an opening with Mr. Trump.” Continue reading the main story Turkish-American relations frayed over differing views on the war in Syria and the widespread belief in Turkey that the United States played a role […]
Friday 21:00 GMT Overview US stocks and industrial commodities were riding high and the dollar forged ahead at the end of a week in which an outbreak of worries over forthcoming European elections was replaced by renewed bullishness about the policies of Donald Trump, US president. The more confident mood was also driven by optimism about corporate earnings and evidence of strong trade growth in China. Hot […]
By Paulo Whitaker | VITORIA, Brazil VITORIA, Brazil Police in the Brazilian state of Espirito Santo did not return to work on Saturday, despite the government announcing hours earlier a deal had been struck with officers to end a week-long strike that has led to a sharp increase in murders. Most of the violence has been centered in the poor regions of metropolitan Vitoria, the state capital […]
The four main US stock barometers all logged record closing highs on Friday, marking the first grand slam in two months as small capitalisation stocks have caught up to their larger brethren. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were already trading at all-time peaks before Friday, propelled higher by the relatively strong performance of large capitalisation stocks, leaving the Russell 2000 index lagging […]
Thieves who want to rob banks often have to come up with elaborate schemes to steal money. Robbing banks may also involve working with a group of armed robbers with get-away vehicles who do thorough planning to commit the crime. A bank teller in Texas, however, did not have to resort to using guns and wearing mask to steal money from the bank where she used to work. […]
Vincent Viola, the billionaire high-frequency trader, has withdrawn his candidacy to join Donald Trump’s administration on Friday, becoming the first high-level casualty of what has been a chaotic start to the new presidency. The end of Mr Viola’s bid to become Mr Trump’s secretary of the Army came as he faced questions about whether he could extricate himself from his business dealings sufficiently to meet government ethics […]
KABUL The United Nations Security Council on Friday dropped sanctions against Afghan strongman Gulbuddin Hekmatyar, potentially paving the way for the notorious warlord to return openly to Afghanistan. The Afghan government requested the move as part of a peace deal with Hekmatyar and his militant group, Hezb-i-Islami, in September. The deal was criticised by some Afghans and human rights groups for the pardon it granted to Hekmatyar […]
03 February 2017 The Roads and Transport Authority – Majdi Abu Zaid: The Roads and Transport Authority (RTA) announced that its Call Center has received 2,177,521 calls in 2016, and the response time has covered 86.3% of incoming calls within the targeted time response time of 20 seconds per call. The Centre has also received 53,298 reports about lost items where more than 70% of them were […]
RedfestDXB has announced new timings for its closing day. It will be held on Saturday, after severe winds forced organisers to postpone the original date. To cater to young fans with Sunday school commitments the festival will run from 2pm to 8pm. Fans and ticket holders are urged to follow the event social media channels for further updates on ticket refunds, updated performance times and opening times. […]
Apple clinched $10bn of debt financing on Thursday as capital market activity remained robust, with Microsoft and AT&T also borrowing hefty amounts from investors this week. Apple’s latest bond sale follows a bumper start to the year for corporate and bank borrowings, with more than $185bn raised by investment-grade groups in the US, according to Dealogic. This week Microsoft borrowed $17bn in the largest bond offering of […]
By Parisa Hafezi | ANKARA ANKARA Many Iranians who dreamt of quiet, comfortable lives after a nuclear deal with world powers in 2015 are starting to worry for the first time in decades they might be bombed in their own homes. Since taking office last month, U.S. President Donald Trump has pledged to get tough with Iran, warning the Islamic Republic after its ballistic missile test on […]
