ABU DHABI // Residents in the areas of Al Ruwais, Al Hamra, Ghayathi, Al Gheweifat and some internal western areas woke up to patches of fog on Monday morning. Humidity is expected to hover around 70 to 95 per cent in the interior and coastal areas on Monday and increase overnight boosting the chance for more visually-impairing mist and fog, especially over the western part of the […]
ABU DHABI // Fish prices are expected to fall next month as the summer heat subsides after increasing by as much as 50 per cent over the past few months. Ali Al Mansouri, president of Abu Dhabi Fishermen Cooperative Society and the UAE Fishermen Cooperative Association, acknowledged the increased prices but said they would soon start to decrease. “Due to the summer heat the catch is very […]
ABU DHABI // An earthquake recording 2.6 on the Richter scale hit north of Dibba Al Fujairah early on Monday. The National Centre of Meteorology and Seismology said the earthquake was recorded at 7.23am. The earthquake was near Musandam. “Its a minor earthquake and is part of normal activity in the region,” said a seismologist at the centre. Such small earthquakes are common, he said. There was […]
ABU DHABI // Few people can say they have braved subzero temperatures and the virtually uninhabited, ice-covered landmass of Antarctic, but Fatma Al Sahlawi Al Ali can add her name to that list. After enduring mountainous hikes in the blistering cold, witnessing crumbling icebergs, observing fur seals, humpback whales and penguins on the frozen continent and plunging into icy waters during her expedition earlier this year, the […]
UAE. A new study released today by global strategy and management consulting firm A.T. Kearney concludes that autonomous driving will trigger the 21st century’s first major wave of growth. Key findings from the report, ‘How Automakers Can Survive the Self-Driving Era’, are based on interviews with more than 150 automotive decision-makers around the world. A.T. Kearney consultants sought to identify the products, services and partner strategies with […]
ABU DHABI // The rising cost of living is preventing many parents from buying school equipment for the new term as well as gifts for their children for Eid Al Adha. Parents say that because of increases in the cost of school supplies and school fees, buying Eid treats will have to be put on hold and in some cases postponed indefinitely. “This month is going to […]
SHARJAH // More than 1,100 fines were issued to taxi drivers in the emirate in the first six months of the year for offences such as failing to turn the meter on and poor personal hygiene. The Sharjah Road and Transport Authority levied 1,179 fines between January and June, up from 801 for the same period last year. Cabbies’ offences included improper parking, dirty uniforms, and failing […]
ABU DHABI // Pupils from the GCC are less likely than their expatriate peers to consider science as necessary to future employment, a new study has found. And the more educated GCC parents are, local pupils are more likely to believe they do not need science, technology, engineering and maths (Stem) skills to get their desired job later in life. Family connections are often considered more important […]
Data courtesy: Thousand Eyes Etisalat customers say they have been frustrated by internet outages reported in some areas of the country. Abu Dhabi residents reported problems with connecting to the internet on Tuesday and on Wednesday. A message on the Etisalat customer care line on Wednesday morning advised customers: “We are currently experiencing a general problem in all regions where people are unable to browse the […]
|By Arabian Post Staff| Marya Group, headquartered in Abu Dhabi, announced an increase to its investment portfolio, bringing the total invested to more than $ 1 billion. Marya Group focuses on making private and public equity investments in cash-generating business with strong fundamentals across core economic sectors that are resilient: education, health care, food and beverage processing as well as real estate. Its investments are centered on […]
|By Arabian Post Staff|Saudi Arabia’s banks are seen more likely now than ever before to tap the international bond markets. According to data compiled by Bloomberg, Saudi banks have less foreign currency debt outstanding compared to any other GCC country. Of the 57 securities outstanding from issuers in the kingdom, only one is a dollar bond from a bank, compared with more than 400 foreign-currency notes from […]
|By Arabian Post Staff| Uzbekistan’s banking system recently received Moody’s endorsement when the agency acknowledged that the country’s banks continue to benefit from a growing economy with well-diversified export revenues. “As a result, banks in Uzbekistan are somewhat shielded from the volatility characteristic of some other countries in CIS,” Olga Ulyanova, a Vice President – Senior Analyst at Moody’s, said in a report. The International Monetary Fund […]
ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, received the Yemeni prime minister Dr Ahmed Obeid bin Daghr at the Sea Palace on Monday. Sheikh Mohammed and Dr bin Daghr discussed the latest developments in Yemen in light of progress achieved by government forces on a number of fronts and political developments, especially the peace […]
ABU DHABI // A pilot scheme to allow Filipinos working overseas to apply for an exit clearance each time they return home on holiday is to begin next month, officials announced on Monday. Those returning to the same employer and job site and listed on the electronic data base of the Philippine overseas employment administration (Poea) will no longer be required to secure an overseas employment certificate, […]
DUBAI // An American television network has been criticised by UAE residents after one of its anchors cited a report that Gems schools, based in Dubai, funded jihad. The comments, aired on a Fox Business Network show hosted by British-American Stuart Varney, were taken from a report from US political website The Daily Caller. Fox reiterated that the views were not that of the channel but of […]
UAE. Project activity in the UAE is forecast to recover in 2017 after a difficult 2016 on the back of a strong recovery in economic growth, according to a new report from Middle East business intelligence service MEED. MEED’s annual UAE Outlook Report for 2016 says that a recovery in oil prices combined with growing public and private sector activity boosted by Dubai’s preparations for the Expo […]
ABU DHABI // Expatriates will have to pay their traffic fines before they can leave the country for business or holidays, under a plan being considered. The idea has been put forward by the Federal Traffic Council and, if approved, expats will be told to pay their fines at airports and land borders or miss their trip. Road-safety experts say the move could make motorists think twice […]
ABU DHABI // After six years of trying to conceive, 40-year-old Iqbal Hussain and his wife were blessed with a son but their happiness was short lived. Mrs Hussain delivered the baby boy at a government hospital in Ajman. Her infant, born at seven months, had to remain in an intensive care unit for another two, resulting in a bill of Dh129,000 – Dh114,000 for the baby’s […]
ABU DHABI // The President, Sheikh Khalifa, led congratulations for King Mohammed VI of Morocco on the anniversary of his accession to the throne, known as Throne Day. Sheikh Khalifa sent a congratulatory cable to King Mohammed VI of Morocco, as did Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the […]
|By Arabian Post Staff| First Gulf Bank reported a lower Group net profit for the first half of this year, recording AED 2.64 billion for the six-month period ended 30 June 2016, compared to AED 2.87 billion for the first half of 2015 FGB, one of the leading banks in the UAE, reported second quarter 2016 Group revenue growth of 3%, while Q2’2016 net profits were recorded at AED […]
Solar Impulse 2 has taken off for the final time, but its crossing of the Saudi desert – managing no-fly zones, wind and heat – could make its last flight the most difficult. Swiss pilot Bertrand Piccard, who took off from Cairo on Sunday and is expected to land in Abu Dhabi on Tuesday, will be navigating a region riven by tensions and conflicts that prevented him […]
ABU DHABI // They may sound like the stuff of science fiction, but driverless cars could be key to reducing the number of accidents in the UAE, experts say. More than 90 per cent of accidents involve driver error and machines have been proven to drive more reliably than humans, said Lee Woodcock, global product director for intelligent mobility at the engineering consultancy Atkins. “The potential is […]
ABU DHABI // Love the idea of Pokemon Go, but can’t be bothered putting in the leg work? There is a solution – but it doesn’t come cheap. Players at advanced levels are selling their accounts for up to Dh15,000 on classified websites. Omar Moued, 29, decided to try his luck on dubizzle.com after watching a video about a player in the UK who sold his account […]
DUBAI // Weekend road closures at main exits on Sheikh Zayed Road have been announced by the Roads and Transport Authority. The closures will effect the Al Meydan and Al Hadiqa exits and will last from midnight on Thursday to 5am on Sunday. Drivers headed towards Al Hadiqa Street are advised to use the Umm Al Sheif Road exit as an alternative, while those going towards Al […]
