Doha Bank, Qatar’s fifth-largest lender by assets, reported a 84.8 percent decline in fourth-quarter net profit on Sunday, according to Reuters calculations, missing analyst expectations. The bank earned a net profit of 35 million riyals ($9.61 million) in the three months to Dec. 31 against 231.4 million riyals in the same period of the previous year, Reuters calculations showed, using financial statements in lieu of a quarterly […]
ABU DHABI // A major conference that aims to tackle the challenge of meeting the future food requirements of the region will be held in the capital. MENA Food Production 2030 will be held at the Abu Dhabi National Exhibition Centre and will seek to create dialogue between government, scientists and food producers. The aim is to help develop secure, sustainable and profitable food production systems and […]
PARIS Bangladesh reported an outbreak of the highly contagious H5N1 bird flu virus at a poultry farm in Dhaka, the World Organisation for Animal Health (OIE) said on Monday, citing a report from the Bangladeshi agriculture ministry. Of 3,000 Sonali type poultry at risk from the outbreak, 732 died from the virus and the rest were slaughtered, according to the report posted by the Paris-based OIE. The […]
BERLIN The right-wing Alternative for Germany (AfD) will discipline one of its state leaders over remarks he made criticising Berlin’s Holocaust Memorial, the party’s co-leader said on Monday. Bjoern Hoecke, AfD head in eastern Thuringia state, triggered anger across Germany with a comment about the memorial. He told party members in a speech in Dresden last week: “Germans are the only people in the world who plant […]
Fans of the Indian sport of bull taming clashed with police in Chennai, capital of the southern state of Tamil Nadu Monday, a day after two men were killed by a bull at an event in the state. India’s government on Saturday temporarily allowed the sport, known as Jallikattu, which was banned in 2014 by the country’s highest court over animal-cruelty concerns. Two men died Sunday after being […]
By Suleiman Al-Khalidi | ASTANA ASTANA A Syrian opposition delegation to peace talks set to open in the Kazakh capital on Monday said it would only discuss ways to salvage a fragile Russian-Turkish ceasefire it sees as having been violated chiefly by Iranian-backed militias in Syria. The Syrian government considers most of the rebel groups attending the conference to be foreign-backed “terrorists”, but says it is ready […]
The Saudi finance ministry said on Sunday there would be no fees applied on remittances out of the country, days after the kingdom’s advisory Shura Council said it was looking at a proposal to impose a 6 percent levy on expatriate remittances. Saudi Arabia is “committed to the principle of free movement of capital in and out of the kingdom, in line with international standards,” the ministry’s […]
ABU DHABI // Heavy rain is expected in Dubai, Sharjah, Fujairah and Ras Al Khaimah on Monday with scattered showers forecast in the capital. The National Centre of Meteorology and Seismology warned against towering clouds over the northern and eastern parts of the country and strong winds of up to 60 kph. Motorists are advised to drive with caution as strong winds may pick up blowing dust, […]
SYDNEY Malaysia’s transport minister said he will meet relatives of passengers from missing Malaysia Airlines Flight MH370 in Perth on Monday, after being lobbied by a group representing families of those lost when the plane vanished in 2014. The Voice370 group said on Sunday that a spokeswoman, Danica Weeks, would deliver personal letters to Malaysian Transport Minister Liow Tiong Lai, asking him to resume the search which […]
SANA, Yemen — Renewed fighting in the Yemen conflict killed about 75 people on Saturday and Sunday, some of them in the first drone strikes launched during the new administration of President Trump, according to Yemeni news reports. Two drone strikes in the central Yemeni province of Bayda on Saturday killed 10 militants with Al Qaeda, three of them hit while riding on a motorcycle and the […]
While President Trump chose not to attend the elite extravaganza in Davos last week, choosing instead to lambast the great-est and good-est of the world’s executives in their crony capitalist safe space, the cognitively dissonant CEOs reassured each other by saying ‘ignore the tweets’, confident that “if [Trump] knows the facts, he’ll respond according to the facts.” It depends whose ‘facts’ those are, of course. As Bloomberg […]
By Maayan Lubell | JERUSALEM JERUSALEM Israel approved building permits on Sunday for hundreds of homes in three East Jerusalem settlements in expectation that U.S. President Donald Trump will row back on the previous administration’s criticism of such projects. The housing projects, on land that the Palestinians seek as part of a future state, had been taken off the Jerusalem municipality’s agenda in December at the request […]
By Warren Strobel and Matt Spetalnick | WASHINGTON WASHINGTON The White House said on Sunday that it is only in the early stages of talks to fulfill President Donald Trump’s pledge to move the U.S. embassy in Israel from Tel Aviv to Jerusalem, an action that would likely spark anger in the Arab world. “We are at the very beginning stages of even discussing this subject,” White […]
In one of the first international phone conversations by the new US president since his inauguration, Israel PM Netanyahu is set to call Trump on Sunday afternoon: the civil war in Syria, the Palestinians and the nuclear agreement with Iran will be on the agenda Netanyahu told his weekly Cabinet meeting. PM Netanyahu: This evening there will be a telephone conversation between President Trump and myself. — […]
By Diadie Ba and Tim Cocks | DAKAR/BANJUL DAKAR/BANJUL West African leaders did not agree to immunity for Yahya Jammeh during negotiations that convinced Gambia’s longtime ruler to flee into exile, Senegal’s foreign minister said on Sunday. Jammeh, who is accused of serious rights violations, led his country for 22 years but refused to accept defeat in a December election. He flew out of the capital Banjul […]
Hundreds of thousands of protesters have taken to the streets of Washington and other major US cities in one of the biggest US political demonstrations in recent memory and a stark rebuke to Donald Trump at the start of his presidency. More than half a million protesters are estimated to have descended on the US capital to take part in the Women’s March on Washington, according to event organisers, […]
SYDNEY Relatives of victims onboard missing Malaysia Airlines flight MH370 said on Sunday they plan to deliver personal letters to Malaysian Transport Minister Liow Tiong Lai while he visits Australia, urging him to resume the search for the missing jet. Liow held informal talks with Australian Transport Minister Darren Chester in the Western Australian capital of Perth on Sunday, Chester’s office said, five days after the two […]
Middle East stands out as a key growth area for food providers in global packaged F&B, with market tipped to reach USD2.2 trillion by 2020 22 January 2017 Dubai, UAE: The most significant representation of leading F&B brands the MENA region has ever seen will soon be converging in Dubai, as more than 140 major international food and beverage producers come together at the new Power Brands […]
A president-elect’s Cabinet choices provide an early and often-illuminating marker of where the new administration is headed in both tone and policy. The confirmation process is an enduring slice of Washington Kabuki theater, complete with contentious hearings and the thrust-and-parry of politicians scurrying to make their partisan points. But even by the usual standards, Donald Trump’s Cabinet-level selections and their hearings are displaying a stunning level of […]
ASTANA, Kazakhstan: Syria’s government and opposition fighters will on Monday sit down at the negotiating table for the first time in nearly six years of war, the latest diplomatic push to end hostilities. Hosted in the Kazakh capital Astana, the talks will see an opposition delegation composed exclusively of opposition groups negotiating with the regime of Bashar Assad in an initiative sponsored by opposition backer Turkey […]
TRIPOLI A car bomb exploded late on Saturday close to the recently re-opened Italian embassy in the Libyan capital, a security official said. It was not clear who was responsible for the blast. Two charred bodies were recovered from the car, according to a statement on a social media page run by a local branch of the Red Crescent, but the identity of the occupants was unknown. […]
21 January 2017 Dubai – LABTEC LLC, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie LLC – a subsidiary of Dubai Investments PJSC, has won projects worth AED 11 million in the UAE and Eritrea to supply and installation of laboratory furniture and fire-rated doors. The new projects won by LABTEC include an AED 6.6 million contract for […]
For hundreds of years, fishing and pearl diving were vital to the people who lived around the Arabian Gulf. Along with trade, it was these two activities that allowed communities to flourish in the days before the discovery of oil. While pearl diving is largely a thing of the past, fishing remains a major industry – perhaps too major. Like many other seas, the Arabian Gulf is […]
When it comes to the future of bitcoin, the “holy grail” has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Over three years ago, in 2013, the company of the Winklevoss twins, Cameron and Tyler, Winklevoss Capital Management LLC, launched the first proposed bitcoin ETF, the Winklevoss Investment Trust, looking to trade on the HFT-dominated BATS exchange. The SEC is expected […]
