The awards celebrates the top global banks on their performance through the year. Saudi Arabia, 2 January 2017 Alawwal Bank won The Banker’s ‘Bank of the Year’ (Saudi Arabia) at a ceremony hosted in London, England. The award win caps off a momentous year for the bank and follows a series of award wins in 2016 including ‘Best Mobile Application for Banking’ and ‘Best Call Center’. The […]
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Monday launched Dubai Harbour, a new waterfront destination that will feature the MENA region’s largest marina and the Dubai Lighthouse. The mega project will also include a cruise ship port, shopping mall, events arena, residential buildings, hotels, offices and shops. Dubai Harbour will be located on King Salman Street, in the area between JBR and Palm Jumeirah, and […]
By Sankalp Phartiyal | MUMBAI MUMBAI Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said on Monday. The Taiwanese contract manufacturer has also requested that its application be fast-tracked, the official at the state government of Karnataka in southern India told Reuters. The move […]
In the last two months of the year, financial markets responded to the unanticipated election of Donald Trump in a textbook fashion — not only at the asset class level, with the major moves up in stocks and government yields, but also within asset classes as financials and the dollar surged. In doing so, they were responding to prospects for higher growth, inflation and market inflows following […]
Submitted by Federico Pieraccini via Strategic-Culture.org, The two previous articles have focused on the various geopolitical theories, their translations into modern concepts, and practical actions that the United States has taken in recent decades to aspire to global dominance. This segment will describe how Iran, China and Russia have over the years adopted a variety of economic and military actions to repel the continual assault on their sovereignty by the […]
One baby is born in Dubai every 3.5 hours, according to Dubai Statistics Centre with the expat birth rate nearly triple that of UAE nationals. Official figures revealed that the expatriate births stood at 22,755 babies compared to 7,728 Emiratis during 2016. The statistics come amid the announcement of the opening of new headquarters in Dubai by IVI Fertility, the globally renowned centre for fertility treatment. The […]
Abu Dhabi, 29 December, 2016 ADNOC Distribution has expanded its service station network in the Western Region of Abu Dhabi with the opening of a new service station ‘Barakah’ located near the Barakah nuclear power plant on the Abu Dhabi – Sila’a road. The opening ceremony was attended by Mohamed Hamad Bin Azzan Al Mazrouei, Undersecretary of the Ruler’s Representative Court in the Western Region, Abdulla Salem […]
ABU DHABI // Dealing with Iran, the conflict in Yemen and finding a viable outcome to the Syrian crisis are the main challenges the United States will face in the Middle East this year, according to a report by an American think-tank. The 2017 Global Forecast by the Centre for Strategic and International Studies found that the US will also have to work on rebuilding its partnerships […]
Under the five-year contract, Bee’ah will provide integrated waste management services to Dubai Refreshments – the bottling company of Pepsi in Dubai Sharjah, UAE, 29 December 2016 Bee’ah, the leading integrated environment and waste management company in the UAE, has been awarded a five-year contract by Dubai Refreshments (DRC) – the publicly traded distributor of Pepsi in Dubai. As Bee’ah’s first Food & Beverages (F&B) commercial contract, […]
SHANGHAI One of China’s top coal-producing provinces has vowed to slash its level of fine particle pollution by one-fifth by 2020, the official Xinhua news agency reported on Saturday, citing the provincial government. China has adopted various measures from policing barbeques to halting industrial production in efforts to ease the yearly winter haze that hit the country earlier this month leaving cities veiled in foul-smelling smog. China’s […]
It is not just habit. All of Karanka’s peers in the Premier League go into this much detail, too. Survival in England’s top flight is more than a battle of wits, or even money; it is a war of information. Losing is, often, not simply about playing worse; it is about knowing less. As Karanka sees it, his job is to make sure his players know “at […]
Market intelligence and networking platform builds momentum as it gathers senior industry decision-makers in third outing. Dubai 29 December,2016 MAZ Chartered Accountants, the region’s leading audit, taxation, financial and management consultancy has held its 3rd MAZ Annual Seminar. The Seminar’s third iteration built on previous years’ success to curate a powerful platform where professionals accessed industry intelligence, developed contacts, improved professional networks and kept pace with a […]
The search for extra-terrestrial life is one of the most mysterious subject areas one can study. The vastness of the universe is much too unfathomable for some, but even with the theory of its never-ending expansion, scientists are not perturbed and are continuing in their search for alien life. SETI Signals The name SETI stands for “search for extraterrestrial intelligence,” which is exactly what many scientists are doing. […]
The events of the past few days have renewed a longstanding debate over whether American Jews must always stand with the Israeli government, and under what circumstances should they criticize a friend. Continue reading the main story “There’s a very clear values clash going on,” said Rabbi Jill Jacobs, the executive director of T’ruah, a rabbinical human rights organization. “On the one hand, we have a small […]
Dubai’s transport authority has announced the roll-out of the Smart Mall concept to four new metro stations. The expansion to Abu Dhabi Commercial Bank Station, Damac Station, Dubai Internet City Station and Emirates Towers Station is part of the Road and Transport Authority’s (RTA) plan to rank Dubai as the smartest city in the world. Mattar Al Tayer, director-general and chairman of the RTA, said: “The Smart […]
Photo John Kerry speaking at the State Department on Wednesday. Credit Zach Gibson/Getty Images In a speech this week laying out the Obama administration’s parameters for a final peace agreement between Israel and Palestine, Secretary of State John Kerry stated what has been obvious to most observers for many years: that Israel’s construction of Jewish settlements on occupied Palestinian land has all but destroyed the two-state solution. […]
Abu Dhabi, United Arab Emirates; December 30, 2017 As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]
Jeddah, Kingdom of Saudi Arabia, 29 December, 2016 The Islamic Development Bank (IsDB), based in Jeddah, Kingdom of Saudi Arabia, is providing a US $5 million financing support for construction of a solar power plant which is expected to contribute to the sustainability and financial resource optimization of the “King Hussein Cancer Center (KHCC) Expansion Project” in Jordan. The approval came during the 316th meeting of […]
By John Davison | BEIRUT BEIRUT A nationwide ceasefire in Syria, brokered by Russia and Turkey which back opposing sides in the conflict, got off to a shaky start after midnight on Friday (2200 GMT on Thursday) in the latest attempt to end nearly six years of bloodshed. Russian President Vladimir Putin, a key ally of Syrian President Bashar al-Assad, announced the ceasefire on Thursday after forging […]
The Malaysian opposition has attacked a state company’s investment in a palm oil project in Indonesia, saying it is a costly handout to a foreign businessman connected to Prime Minister Najib Razak. Malaysia’s state-owned Federal Land Development Authority, known as Felda, plans to buy a 37 per cent stake in Eagle High, controlled by Indonesian conglomerate Rajawali Group, for $505m. The deal will be financed by the […]
Wall Street’s most important equity barometer is on track for its biggest annual recovery since the beginning of the bull market, underscoring the sharp turn in investor sentiment following the worst start to a year on record. The S&P 500 index is poised for an 11 per cent gain in 2016, shaking off a brutal start that at its lowest point in February left it down 10.5 […]
Umm Al Quwain’s free trade zone is set to launch the second phase of expansion following the completion of infrastructure works. The new phase of development at the Umm Al Quwain Free Trade Zone (UAQ FTZ) will house offices, labour accommodation, warehouses and residential complexes. Johnson M George, general manager of UAQ FTZ, said that once phase 2 comes to fruition, the free zone will function as […]
In this Thursday, Dec. 22, 2016, photo, Emerson Hill, 6, plays with Pepper the robot at Westfield Mall in San Francisco. While merrily chirping, dancing and posing for selfies, Pepper looks like another expensive toy in the San Francisco mall where it will be entertaining shoppers through mid-February. But it would be a mistake to dismiss Pepper as mere child’s play, even though kids flock around the […]
|By Arabian Post Staff| There is a greater national focus on achieving operational efficiency across sectors in the Middle East – and one notable area that stands to benefit immensely from embracing digitally-enabled solutions is utilities, Booz Allen Hamilton says in its energy trend forecasts for 2017. Change continues to be the defining feature of the global energy sector in 2017. In the oil and gas industry, […]
