As the U.S. and France launch airstrikes against the Islamic State, Lebanon’s artists and activists have been organizing one of the Middle East’s most strident cultural responses to the group following its rapid incursion on large swaths of Iraqi and Syrian territory this summer. An IS flag-burning trend, accompanied by a Twitter hashtag campaign mimicking the recent “ice bucket challenge” charity fad, cropped up a few weeks […]
CEO Akbar Al Baker at a press conference on the delivery of the first Airbus A380 to Qatar Airways in Hamburg. European Pressphoto Agency Qatar Airways has caught the “revolution” bug that has swept the Middle East as Chief Executive Akbar Al Baker promises changes for business class seats at the airline that prides its reputation for high-end service. By mid-2016 the airline plans to roll out […]
By Eric Auchard and Harro Ten Wolde FRANKFURT Tue Sep 16, 2014 7:51pm IST An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. Credit: Reuters/Kai Pfaffenbach FRANKFURT (Reuters) – A Frankfurt judge has lifted a temporary injunction on online taxi service Uber, only two weeks after […]
ANKARA, Turkey — Having spent most of his youth as a drug addict in one of the poorest neighborhoods of Turkey’s capital, Can did not think he had much to lose when he was smuggled into Syria with 10 of his childhood friends to join the world’s most extreme jihadist group. After 15 days at a training camp in the Syrian city of Raqqa, the de facto […]
China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues. Asia, home to the world’s top two gold buyers – China and India, has been clamouring to gain pricing power over the metal and challenge […]
Customers pre-ordered more than four million iPhone 6 and 6 Plus handsets in just the first 24 hours, according to Apple, around double the number the company saw for the iPhone 5s and 5c a year ago. Apple is on track to top 10 million units sold over the entire launch weekend, if the tech giant can keep up with the level of demand. The smartphones first […]
Savola Group, a Saudi Arabian food producer, hired JPMorgan Chase & Co (JPM) to advise on a potential bid for the operator of KFC restaurants in the Middle East and North Africa, according to four people with knowledge of the matter. Non-binding bids for the $4.3 billion Kuwait Food business, known as Americana, are due next month, the people said, asking not to be identified as the […]
President Obama on Wednesday in Washington. Mr. Obama says he is aware of the “political price” he pays for being deliberate. By PETER BAKER September 13, 2014 WASHINGTON — Just hours before announcing an escalated campaign against Islamic extremists last week, President Obama privately reflected on another time when a president weighed military action in the Middle East — the frenzied weeks leading up to the American invasion of […]
|By TAP Staff| Asia is giving expression to its growing disenchantment with the prevailing West-centred gold pricing mechanism by setting in place its own benchmarks that reflect the region’s market dynamics. China and Singapore are preparing to launch physical bullion contracts with an eye on gaining pricing power of the metal at a time when the global benchmark is under scrutiny. CME Group, the world’s leading derivatives […]
On pins and needles for your new iPhone? Prepare to wait a little longer: Apple exhausted its pre-order supply of the iPhone 6 Plus on Friday. By 9:00 a.m. EDT, the iPhone 6 Plus was listed on Apple’s U.S. online store as scheduled to ship three to four weeks after ordering. The iPhone 6 remained in stock, at least on the Apple store, with deliveries promised by […]
The 1980s and 1970s were many things – but only a fool, wallowing in a Slush Puppie vat of nostalgia, could claim they were a golden age of childhood Crouching over a tape recorder in an attempt to capture the Top 40 on a TDK magnetic cassette; writing letters to an overseas penfriend; popping down to Boots to have your holiday snaps developed. These are just some […]
Price: AED 0.00 Location: Abu Dhabi, Abu Dhabi, AE Posted: 05-09-2014 Details Change Of Name I, Anish, holder of Indian Passport No. Z 2108669, issued at Abu Dhabi, UAE, on 19/12/2011, resident of H.No 247/3, Kodungallur, Trichur Dist. Kerala – 680664 and presently working / residing at P.O.Box 3593, Abu Dhabi, UAE, do hereby change my name from Anish to Anish Abdulkhader, with immediate dffect.
By Casey Sullivan Sat Sep 6, 2014 6:33am IST People walk at the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014. Credit: Reuters/Chance Chan/Files Alibaba Group Holding Ltd disclosed on Friday that it would pay $15.8 million in legal fees to law firm Simpson Thacher and other attorneys who advised the Chinese e-commerce giant on its upcoming IPO, six times what Facebook paid its […]
By Surojit Mahalanobis Coal mining issues are getting murkier increasingly in the country. Like the previous Congress led-government, the incumbent NDA too seems groping into holed-up challenges and cannot find much light beyond the tunnel. The opportunity is unique this time in the NDA government as the main party BJP is now armed with the single largest mandate, enough to institute its bold decisions, albeit through […]
Spurred by a rapidly deteriorating economy, the International Monetary Fund has approved a three-year extended credit facility worth $552 million with Yemen, the impoverished Arab nation that has become a breeding ground for the terrorist group al Qaeda in the Arabian Peninsula. The lifeline will provide some relief for Yemeni authorities who face a myriad of political and security challenges that continue to drag on the economy. […]
By Nivedita Bhattacharjee MUMBAI Wed Sep 3, 2014 11:01am IST Android mascots are lined up in the demonstration area at the Google I/O Developers Conference in the Moscone Center in San Francisco, California, May 10, 2011. Credit: Reuters/Beck Diefenbach/Files MUMBAI (Reuters) – Google Inc’s (GOOGL.O) partnership with three Indian phone makers is set to rev up fast-growing demand for lower priced smartphones, and spell more trouble for […]
Italian airline Alitalia and Etihad Airways are expected to win EU regulatory clearance for their tie-up by the end of the year with minor concessions, a person familiar with the matter said on Tuesday. Abu Dhabi-based Etihad clinched a deal last month to buy 49 percent of loss making Alitalia in a 1.76-billion-euro ($2.31 billion) rescue plan, giving it access to Europe’s fourth-largest travel market and 25 […]
A logo of Emaar is seen near the Dubai Mall Reuters Emaar Properties plans to float at least 15% of its profitable and fast-growing malls business in a September IPO. The chances are high though that Dubai’s flagship developer may sell an even bigger stake. It all depends on getting the right valuation for Emaar Malls Group. After all, Emaar will be cutting its own stake in […]
Barack Obama got a warm reception in Rhode Island last week, yet his lack of strategy has dismayed many others Photo: AP Just in case you thought that the Leader of the Free World was secretly harbouring a calculated, well-developed plan for bringing Isil under control and putting Russia’s imperial leader back in his box, Barack Obama banged that idea firmly on the head last week. He gave […]
Thirty-two United Nations peacekeepers have been rescued after heavy fighting in the Israeli-occupied Golan Heights. The U.N. said Saturday that 40 of its soldiers remain under fire near the Syria-Israel border. A gunfight erupted between Philippine peacekeepers and Syrian rebels in the Israeli-occupied Golan Heights. Philippine Defense Chief Voltaire Gazmin said the militants attacked one of the two camps Saturday manned by the peacekeepers. There were no […]
Blackstone Group is close to its first investment in the Middle East as the private-equity firm nears a deal to acquire a minority stake in Dubai’s GEMS Education, three people with knowledge of the matter said. Blackstone, based in New York, has teamed up with Fajr Capital Ltd. to invest in the world’s biggest privately held schools operator GEMS through its Blackstone Tactical Opportunities unit, the people […]
Occidental Petroleum Corp. (OXY) is in talks to sell a $3 billion stake in a gas field to Abu Dhabi-owned Mubadala Development Co., Petroleum Intelligence Weekly reported, without saying where it got the information. The companies are discussing the sale of as much as 30 percent of the $10 billion Shah natural gas project in the United Arab Emirates, the newsletter reported. Two officials at Mubadala’s media […]
The United Nations condemned on Monday “appalling, widespread” crimes by Islamic State forces in Iraq, including mass executions of prisoners that could amount to war crimes. U.N. human rights chief Navi Pillay condemned “grave, horrific human rights violations” being committed by Islamic State, a Sunni Muslim group which has seized large areas of Iraq and Syria to the alarm of the Baghdad government and its allies in […]
Topaz website For proof that a rising tide doesn’t lift all boats look no further than Dubai’s Topaz Energy and Marine. In the dark days following the global recession it scrapped a planned $500 million London IPO in 2011 that valued the company between $1.6 billion and $1.9 billion. Since then regional economies and capital markets have recovered strongly. Fast forward to Wednesday and Standard Chartered Private […]
