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L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Fujairah highway pile-up leaves 14 dead and 30 injured // Woman found dead as bank moves to repossess home // Salik posts Dhs1.045bn profit despite lower toll traffic // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Nvidia appoints Colette Kress interim chief after Huang departure // Electoral register gains 2.17 lakh voters // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // Hackers falsify NVIDIA GPU readings to mask cryptomining // Microsoft restores services gradually but gives no recovery deadline // Saudi fund assets forecast to cross $400 billion // Microsoft outage leaves Outlook and Teams users disconnected // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Crescent Enterprises venture arm funds Oyster Therapeutics development // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // US authorities dismantle North Korean cryptocurrency deception infrastructure // Messi affair SIT finds all-round violations //

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NEW DELHI: The NDA government has finally taken the first step towards formulating a policy for hydropower projects on the Ganga — Alakananda and Bhagirathi rivers —in Uttarakhand.   Water resources minister Uma Bharti informed the National Ganga River Basin Authority on Monday that a committee comprising officials of the environment and water resources ministry had been asked to review the reports of three committees dealing with […]

Gulf Cooperation Council countries may see their current-account surplus decline by $175 billion next year if oil prices stay about $80 a barrel, according to the International Monetary Fund. The projected surplus for the six GCC countries may plunge from $275 billion to about $100 billion next year, Masood Ahmed, director of the Middle East and Central Asia department at the IMF, said in an interview in […]

|By TAP Staff| International Monetary Fund  is pleased to note the moderation in the prices of  Dubai’s properties, a senior IMF official said. The IMF has previously warned that rapid rises in Dubai real estate prices, which earlier this year were in some cases a third higher than they were 12 months previously, could lead to another bubble and then a crash in the emirate. But Masood […]

A Saudi court in Riyadh on Monday sentenced three lawyers to up to eight years in jail after they criticized the Ministry of Justice on Twitter. The lawyers were also hit with travel bans of varying lengths and an indefinite ban on appearing in the media or using social networking websites. The lawyers were charged with “contempt of the judiciary, interfering with its independence, criticizing the justice […]

UAE Exchange… handling 7.9 million customers worldwide UAE Exchange remittances top $25 billion DUBAI, 1 days ago UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, said it handled $25.4 billion in remittances in 2013 and has a share of 6.1 per cent of the global remittance volume. Celebrating the brand’s 34th anniversary, UAE Exchange said in a statement that, it currently handles […]

By Nantoo Banerjee   It is very heartening that the government has, for the first time, equipped itself with a clear and comprehensive policy to ensure the growth and competitiveness of India’s less-cared micro, small and medium enterprises (MSMEs) sector. MSMEs are regarded as backbone of development even in highly industrialized countries, including Germany, Japan, France, the US and China. They are incubators of ideas and homes […]

By Ashis Biswas   Relations between India and Bangladesh are on the upswing if recent Dhaka-based media reports are any indication.   The Government of India’s decisive intervention into the law and order situation in West Bengal, following the Burdwan blast on October 2, ignoring the state Government’s objections, has been welcomed among the ruling Awami League circles in Bangladesh.   Significantly, Bangladesh authorities have been interacting […]

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By Harihar Swarup Will Congress fade away? Will the 128-year old party, whose leaders fought for independence, a party having deep roots, just wither away? Judging by its performance in the Lok Sabha elections in May this year and, its dismal performance in the state assembly elections, latest being Maharashtra and Haryana, the future of the Congress looks gloomy. But it is not as gloomy as prophets […]

NEW DELHI: After clarity on natural gas prices and an ordinance on coal, the government is set to decide on pooling of imported and domestic fuel prices to help stressed power stations with a combined capacity of 91,000 mw generate electricity that’s badly needed as India tries to revive its economy. The Cabinet Committee on Economic Affairs is likely to decide on pooling gas and coal prices […]

FRANKFURT: Twenty-five banks including Italy’s Banca Monte dei Paschi di Siena SpA failed a stress test led by the European Central Bank, which said almost half of them must act to raise more capital. The central bank in Frankfurt identified a 25 billion-euro shortfall ($32 billion) for the region’s lenders, and said 12 of them have now raised enough funds. Eleven banks need more capital, including Monte […]

NEW DELHI: With a decade’s existence of the Electricity Act of 2003 doing precious little in infusing efficiency and competition into the sector, the government has proposed some key changes in the Act to remedy the situation and prevent the loss-ridden sector, which is struggling to meet the reformist conditions of a financial restructuring package (FRP), from plumbing fresh depths.   The Union power ministry’s draft amendments […]

The contrast between yesterday’s low-key military ceremony at Camp Bastion to mark the end of British combat operations in Afghanistan and the way the nation celebrated victory in the Falklands could not be more stark. Back in 1982 the heroics of the victorious soldiers, sailors and airmen who participated in the daring operation to liberate the islands from their Argentine invaders were marked by representatives of the […]

Russell Brand shares his views at the Occupy Wall Street Rally in New York Photo: REX FEATURES Oh dear, what a fusillade of hatred against poor old Brandy Wandy. I have before me a slew of Sunday papers and in almost all there is a broadside against Russell Brand, the crinkle-tressed comedian. Commentators from Left and Right denounce him as a prancing, prinking, pompadoured popinjay; a know-nothing narcissist […]

Twenty-five lenders including Banca Monte dei Paschi di Siena SpA failed a stress test led by the European Central Bank, which found the biggest capital hole in the region’s banking system in Italy. The Frankfurt-based institution identified a total gap of 25 billion euros ($32 billion) as of the end of 2013, most of which has now been raised by banks. Among lenders still in need of […]

Kuwait’s privately owned Jazeera Airways is preparing to bid for a big stake in state-run flag carrier Kuwait Airways, Jazeera’s chairman told Reuters. If the deal goes through, it will be a sign that the business scene is changing in the Gulf. For several decades, Gulf Arab economies have been dominated by the heavy hand of the state. Governments’ huge oil revenues have eclipsed private sector activity. […]

Kuwait Investment Authority, the sovereign wealth fund which started as a Bank of England account dedicated to receiving oil money, will sell stakes in three local companies worth 1.56 billion dinars ($5.4 billion). The KIA, as the fund is known, will sell its Kuwait Investment Co. holding in a public offering in the first half of next year, according to a statement on the website of the […]

News Analysis By DAVID D. KIRKPATRICK October 24, 2014 CAIRO — The British police arrest four men accused of plotting a bombing on the scale of the Mumbai hotel attack six years ago. The Australian authorities arrest a ring of 12 accused of plotting daring murders, including a public beheading. In Canada, a gunman assaults the Parliament building and kills a soldier guarding a war memorial, and a motorist strikes […]

Afghanistan’s new president, Ashraf Ghani, is making his first foreign trip since taking office, fulfilling a promise to undertake a religious pilgrimage to Saudi Arabia. Ghani’s office said in a statement Saturday that he will perform Umrah, a pilgrimage to Mecca that can be undertaken at any time of the year.   The president will also meet with Saudi King Abdullah and other officials during his visit […]

The atmosphere at Westminster has always been more to Alex Salmond’s taste Photo: Getty Images So, will Alex Salmond make that return trip to Westminster, again? And does anyone care? His almost coquettish refusal to say for definite, on BBC’s Question Time, whether he plans to swap the IKEA-like backbenches of Holyrood for their green-leather equivalents at Westminster created a fair old stir in certain quarters yesterday. And, […]

Dubai is racing ahead to dominate the Middle East’s plastic surgery market with plans to attract half a million medical tourists in six years. Where cosmopolitan Beirut was once the region’s best known city for going under the knife, turmoil in Syria and violence often spilling into Lebanon is driving away wealthy Arab tourists. After splashing out on medical infrastructure over the past years, Dubai already ranks […]

Android Lollipop Rolls Out on New Nexus Devices Nov. 3 The first devices featuring Google’s latest update to its Android operating system — Android 5.0 Lollipop — will be the 5.96-inch-screen Nexus 6 “phablet” and the 8.9-inch-screen Nexus 9 tablet. The Nexus 9 is expected to be the first to hit the market, with a scheduled ship date of Nov. 3. Starting at $399.99, the Nexus 9 […]

Bang & Olufsen’s more wallet-friendly BeoPlay division has just released its first-ever portable Bluetooth speaker, the A2. Shaped from a single chunk of solid aluminum it features internals consisting of a large woofer and smaller tweeter connected by a passive bass radiator to produce 180 watts of premium sound. Available in three colors all featuring a leather strap handle. This entry passed through the Full-Text RSS service […]

China reduced oil imports from Saudi Arabia even as the world’s largest crude exporter cuts prices to lure Asian customers amid intensifying competition from Colombia to Oman. Oil deliveries from Saudi Arabia fell 2.7 percent to 4.74 million metric tons last month from a year earlier, according to data released today by the General Administration of Customs in Beijing. Shipments from Colombia surged 389.6 percent, while Russian […]

By Kalyani Shankar The BJP is jubilant after its spectacular success in Maharashtra and Haryana Assembly polls this week. Coming as it does on the heels of the recent impressive Lok Sabha victory, the BJP can claim that the momentum as well as the Modi magic is intact. The Congress on the other hand is demoralized further after its humiliating defeat in both the states.  There is […]

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Just in:
Nvidia appoints Colette Kress interim chief after Huang departure // Crescent Enterprises venture arm funds Oyster Therapeutics development // Microsoft outage leaves Outlook and Teams users disconnected // Rooftop solar planning gaps behind power shortages // Electoral register gains 2.17 lakh voters // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Microsoft apologises as Outlook services recover after outage // Hackers falsify NVIDIA GPU readings to mask cryptomining // Woman found dead as bank moves to repossess home // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Fujairah highway pile-up leaves 14 dead and 30 injured // US authorities dismantle North Korean cryptocurrency deception infrastructure // UAE crews sustain coastal oil removal as beaches reopen // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Salik posts Dhs1.045bn profit despite lower toll traffic // OpenAI unveils ChatGPT Wallet for agent-led purchases // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // Messi affair SIT finds all-round violations //