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, […]
Sprint has revealed that it is going to hire about 5,000 personnel, and U.S. President-elect Donald Trump quickly claimed credit for purportedly negotiating the deal. Trump has lumped those figures with the 3,000 new hires planned by a startup called OneWeb, for a grand total of 8,000 new jobs, which Trump has promptly announced as very good news for the economy. Sprint is owned by Japanese firm […]
Chinese technology giant Tencent, along with Beijing-based mapping company NavInfo and Singapore state-owned investment firm GIC, announced this week the trio intended to jointly take up a 10 percent share of mapping company Here, with current owners Audi, BMW, and Daimler reducing their indirect holding by the same amount. As well as the share purchase, the companies announced the creation of a 50/50 joint venture between Here […]
US secretary of state John Kerry delivered a stinging rebuke of the Israeli government on Wednesday, accusing it of making the establishment of a viable Palestinian state nearly impossible through the expansion of settlements in the occupied West Bank and East Jerusalem. With Israeli prime minister Benjamin Netanyahu joining forces with president-elect Donald Trump to attack the Obama administration, Mr Kerry said that the US allowed a […]
WASHINGTON — In a harsh rebuke of Prime Minister Benjamin Netanyahu of Israel, Secretary of State John Kerry declared on Wednesday that the United States cannot “allow a viable two-state solution to be destroyed before our eyes.’’ Mr. Kerry, in one of his last speeches as secretary of state, said that Mr. Netanyahu was allowing the agenda of the settler movement to define the future of Israel. […]
Jeddah, Kingdom of Saudi Arabia, 27.12.2016 The Board of Executive Directors of the Jeddah-based Islamic Development Bank (IsDB), in its 316th meeting on Sunday, gave the final go ahead for injecting US $863 million in to new financing development projects in a number of member countries namely; Guinea, U.A.E, Bahrain, Morocco, Senegal, Togo, Djibouti, Chad, Jordan, and Mali. The meeting also approved to a number of important […]
M-Station is largest power plant in the UAE with total cost reaching AED 11.62 billion and will produce 2,760MW on completion Dubai, UAE, 27 December 2016 Dubai Electricity and Water Authority (DEWA) has announced that it has completed 53% of the M-Station expansion project. The M-Station is the newest and largest power production and water desalination plant in the UAE. DEWA completed 3.9 million safe man-hours without […]
Doha, 27 December, 2016 Five fellowship programs at Hamad Medical Corporation (HMC) have achieved accreditation by the ACGME-I, the international arm of the Accreditation Council for Graduate Medical Education (ACGME), designed to ensure the high quality of training of doctors in their residency and fellowship years. This achievement solidifies HMC’s position as an internationally recognized teaching institution and academic medical center and is instrumental in helping to […]
Dubai, 26 December, 2016, UAE Ajman Free Zone (AFZ) signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, and innovation in the workplace. The signing ceremony was attended by senior officials from both the organizations. The delegation from DQG was headed by Eng. Ahmed Al Mulla, Vice Chairman of DQG, who presented the Certificate […]
Infrastructure works for two new berths at King Abdullah Port in Saudi Arabia’s King Abdullah Economic City will be finished in the next few weeks, significantly boosting capacity. Berths 5 and 6 are part of the port’s expansion plan, which aims to significantly uprate the port’s capacity, thus boosting its standing in the maritime industry, both regionally and internationally, a statement said. “With the two new berths, […]
JERUSALEM: In the days following the UN Security Council’s resolution affirming the illegality of Israeli settlements, it is business as usual as the Jerusalem municipality is expected to approve about 5,600 more homes.Israeli officials acknowledged that the move to expand the settlements in East Jerusalem was a direct response to the Security Council Resolution 2334 that was approved by 14 countries — Britain, Russia, China, France, Egypt […]
Dubai’s Shuaa Capital bought 14 percent of Bahrain’s Khaleeji Commercial Bank on Sunday for 9.6 million dinars ($25 million) and said it would use the stake to support the bank’s expansion. The Dubai-listed investment bank purchased the stake from Alimtiaz Investment Group for 0.065 dinar per share, acquiring 147.1 million shares in a special auction, the Bahraini bourse said. KHCB is an Islamic retail bank with assets […]
2016 was chock-full of surprises, both in markets and in politics. As Goldman’s Allison Nathan explains, the year began with a perfect storm of worries that had become all too familiar already in 2015. Oil prices plunged and fears of faltering growth and a sharp depreciation of China’s currency escalated, driving disruptive sell-offs in credit and other risk assets. Confidence in global growth faltered, particularly after an […]
By Jake Spring | NINGDE, China NINGDE, China A dusty village on the outskirts of Ningde, a third-tier city in China’s southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. Yet China’s top-down industrial policy diktats – move up the value chain, clean up polluted urban skies, and shift to plug-in cars – have Contemporary Amperex Technology Ltd (CATL) […]
But with few spies in the city, American officials say assessing the enemy is difficult. “We’ve spent a lot of time trying to understand the situation on the ground in Raqqa,” Lt. Gen. Jeffrey L. Harrigian, the air war commander, said in an interview from his headquarters in Qatar. “It’s improving. It’s still not at the level we’d like it to be.” Continue reading the main story […]
I’d like to be able to say France withdrawing from the EU is a potential downside catalyst for stocks. However, these days nothing matters. Stocks would go up if nuclear war was initiated wordwide. There’s literally nothing that can stop stocks from heading higher. But in the event you’re still nostalgic about news, France’s Le Pen wants stronger ties with Moscow, out of the EU and NATO — […]
More than a month after the election, the following sentence has become a cable news cliché: Journalists in New York and Washington, D.C. are out of touch with the rest of the country. It’s true. There’s a lot of local nuance that doesn’t make the national news. And it’s even true within cities like New York — growing up in the Bronx often meant watching reporters based […]
Mohammed Ahli: Our airports are gearing up to serve up to 146 million passengers by 2025 Via Dubai Security Supplement features Angela Gittens of ACI and Michael Herrero of IATA Dubai, December 22, 2016: Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, said Dubai has successfully transformed innovation into a working culture in the government […]
CAIRO Egyptian President Abdel Fattah al-Sisi said on Saturday that the military’s economic activity accounted for no more than two percent of the country’s output, dismissing suggestions that the military could control as much as half of the economy. Speaking at an event celebrating the expansion of a military-owned company, Sisi said the military made up 1.5-2 percent of economic output which he said was 3-4 trillion […]
Ajman has announced plans to invest AED600 million ($163.3 million) to improve the emirate’s sewerage system. Ajman Sewerage chairman Sheikh Rashid Bin Humaid Al Nuaimi said that by 2020 the size of the sewerage network is expected to double as a result of the investment. More than 600km of pipelines and 30 pumping stations will be added, allowing 100,000 additional citizens to benefit from the modern sewerage […]
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 […]
Submitted by Federico Pieraccini via Strategic-Culture.org, Understanding the objectives and logic that accompany the expansion of nations or empires is always of paramount importance in helping one draw lessons for the future In this series of four articles I intend to lay a very detailed but easily understandable foundation for describing the mechanisms that drive great powers. To succeed, one must analyze the geopolitical theories that over […]
