Last bastion of financial system pays salaries on both sides of civil war as governor maintains ‘economic traduce’ Yemeni locals and secruity guards are pictured outside the Central Bank of Yemen in the capital Sana’a. Dubai: As civil war engulfs Yemen, the central bank is so committed to staying neutral that it pays salaries of soldiers on both sides. The bank […]
A Kurdish militant group claimed responsibility on Friday for a car bombing this week that killed 11 people and wounded dozens near a central tourist district in Istanbul. The group — Kurdistan Freedom Falcons, or T.A.K. — said the attack on Tuesday had been carried out in retaliation for Turkish Army operations in the Kurdish-dominated region of southeastern Turkey, and it warned tourists to stay away from […]
FILE PHOTO — A woman looks at her phone as she passes by a Lending Club banner on the facade of the the New York Stock Exchange December 11, 2014. Reuters/Brendan McDermid/File Photo SAN FRANCISCO/NEW YORK (Reuters/IFR) – Many online lenders have failed to detect the “stacking” of multiple loans by borrowers who slip through their automated underwriting systems, lending company executives and investors told Reuters. […]
LEBANON. Byblos Bank issued today the results of the Byblos Bank Real Estate Demand Index for the first quarter of 2016. The results show that the Byblos Bank Real Estate Demand Index posted a monthly average of 42.5 points in the first quarter of 2016, representing a decrease of 12.5% from 48.5 points in the fourth quarter of 2015. The results constitute the ninth steepest quarter-on-quarter decline […]
SAUDI ARABIA. According to a new report by The Boston Consulting Group (BCG), the digital age has ushered in a number of trends that have transformed the media consumption habits of each Saudi generation profoundly – and vastly differently. In parallel, with information and connectivity available at everyone’s fingertips – anywhere, anytime – the Kingdom’s traditional media landscape has, in recent years, been disrupted. The findings presented […]
INTERNATIONAL. A sense of disappointment permeated through the global markets during trading on Monday following last week’s shocking NFP result of 38k that discounted expectations over the Fed raising US rates in Q2. With the number of jobs created falling to its lowest level since 2007, the Dollar was left vulnerable as concerns elevated over a potential economic slowdown in the States. Although the headline unemployment rate […]
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, met US secretary of state John Kerry at Mina Palace in Abu Dhabi on Wednesday night. They spoke about Syria, Libya, Yemen and efforts to counter ISIL. Saul Loeb / AF UAE Protocol chief Shihab Al Faheem shakes hands with US Secretary of State John Kerry as he disembarks from […]
ABU DHABI // Young people must be able to distinguish righteous religious leaders as those who call for peaceful tolerance, not destruction and bloodshed, Egypt’s minister of religious endowments said on Wednesday. Dr Mohammed Gomaa listed issues that need to be clarified for youth to protect society from radicalism as he spoke at the first of the Sheikh Mohammed bin Zayed Ramadan majlis series in Abu Dhabi. […]
ABU DHABI // The Cabinet approved a national programme for tolerance on Wednesday as the country marks the holy month. Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, made the announcement while pledging that the country would continue to promote the principles of tolerance set by Sheikh Zayed, the Founding Father. “Tolerance is a key value of our ancestors and our Founding Fathers,” said Sheikh […]
In the days before rapid sea or air travel, it could take months to travel to Mecca. The spiritual heart of Islam lay far from its great capitals in Istanbul, Delhi and Isfahan. The devout came from distant lands on foot, by camel and in horse-drawn carriages. Bedouin tribes routinely robbed these pilgrims, who were the primary source of revenue for this ancient desert town. Now, the […]
There’s only one chore worse than doing laundry: folding it. Enter the FoldiMate laundry folding machine. This time saving contraption uses robotic arms to neatly fold all your clean clothes and also offers a steam de-wrinkle and “perfuming” option for extra freshness. Laziness has hit the next-level. Let’s block ads! (Why?) -Werd
By RICK GLADSTONE and NICK CUMMING-BRUCE June 7, 2016 Syria’s president promised to retake “every inch” of the country from his foes in a defiant speech on Tuesday that dimmed hope for a revival of talks to end the war, now in its sixth year. The speech by the president, Bashar al-Assad, was his first major address since talks in Geneva mediated by the United Nations broke down in April, and […]
By ISABEL KERSHNER June 7, 2016 JERUSALEM — The Israeli police briefly detained a leader of a Jewish women’s rights group on Tuesday for bringing a Torah scroll to the Western Wall, signaling a resumption of the battle over rituals at the holy site here. Lesley Sachs, the executive director of Women of the Wall, was detained as she exited the Western Wall plaza Tuesday after prayers to mark […]
If “Lucy” wasn’t alone, who else was in her neighborhood? Key fossil discoveries over the last few decades in Africa indicate that multiple early human ancestor species lived at the same time more than 3 million years ago. A new review of fossil evidence from the last few decades examines four identified hominin species that co-existed between 3.8 and 3.3 million years ago during the middle Pliocene. […]
KABUL, Afghanistan — An American journalist for NPR was killed on Sunday afternoon along with his Afghan translator in a Taliban ambush in southern Afghanistan, the Afghan military confirmed. NPR also confirmed their deaths on Sunday. The victims were identified as David Gilkey, a photographer and videographer who was part of a four-person NPR team embedded with Afghan Special Forces in Helmand Province, and his translator, Zabihullah […]
AMIRIYAT FALLUJA, Iraq — One of the Iraqi civilians who risked an escape from the sprawling battle for Falluja made it as far as the Euphrates River. He was there for all to see on Sunday morning: His body, tied to the side of a boat, bobbed in the muddy waters next to a rickety bridge that separates Baghdad from the violence of Anbar Province. “Sheikh, sheikh, […]
By RANA F. SWEIS June 6, 2016 AMMAN, Jordan — Three officers of the Jordanian intelligence service and two other employees of the service were killed on Monday in a Palestinian refugee camp near the capital, Amman, in what the government said was a terrorist attack. The government has opened an investigation into the assault, which took place around 7 a.m. at an intelligence office in the Baqaa refugee camp, […]
AMMAN, Jordan — Three Jordanian intelligence officers and two other employees of the service were killed on Monday in a Palestinian refugee camp near the capital, Amman, in what the government said was a terrorist attack. The government has opened an investigation into the assault, which took place around 7 a.m. at an intelligence office in the Baqaa refugee camp, which was set up after the Arab-Israeli […]
DUBAI // A Ramadan education campaign to distribute five million books to children in refugee camps and schools around the world was launched on Sunday by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The Reading Nation campaign, announced by Sheikh Mohammed on Twitter, is part of Mohammed bin Rashid Al Maktoum Global Initiatives. He said that he asks God to accept his and the […]
INTERNATIONAL. As companies move to catch up with the digital future, they are taking a close look at what kind of executive they need to lead the way. In a new report, “The Right CDO for Your Company’s Future”, Strategy&, PwC’s strategy consulting business, defines five Chief Digital Officer (CDO) “archetypes” – descriptions of typical roles CDOs might play within an organisation. The Five Archetypes of a […]
Ali was the most thrilling if not the best heavyweight ever, but he was more than the sum of his athletic gifts Ali faces the media at the US federal court in June 1967, while on trial for refusing to be inducted into the armed forces. New York: Muhammad Ali, the three-time world heavyweight boxing champion who helped define his turbulent times as the most charismatic […]
From the Rumble in the Jungle to chat-show stardom, an avalanche of footage online will ensure this legend will never die Abu Dhabi: The world may have lost one of its most iconic figures late on Friday, June 3, 2016, when Muhammad Ali died at the age of 74, but his legend will live on through a plethora of video clips online. […]
Emirati businessman Arif Ahmad Al Zarouni pays Dh18 million in fierce bidding to win Shajah No.1 plate Sharjah: Distinguished car number plates generated millions of dirhams during an auction where plate Number 1 fetching Dh18 million in fierce bidding on Saturday evening. Organisers had a tough time controlling the proceedings in the charged atmosphere. Within minutes after the bidding began, the […]
DUBAI // Creating a safe place for children is the cornerstone of the UAE’s new Child Protection Law, so educators and a paediatrician have asked for a clear chain of command to enable an immediate response to cases flagged by schools and hospitals. Informally referred to as Wadeema’s Law, in memory of an eight-year-old Emirati girl tortured to death by her father, it will take effect on […]
