Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Major Garrett of CBS News is rising to the defense of the extravaganza that is the White House Correspondents’ Association Dinner — and he is nearly convincing. Garrett is a very good, no B.S. reporter who adeptly made the print-to-TV […]
PNC Menon is a busy man — it takes several months to lock an interview into his diary. But on the day of our meeting in Dubai, the Indian-born real estate developer exudes characteristic warmth and courtesy, refusing to allow Arabian Business to leave without a bowl of Middle Eastern halva and repeatedly asking whether we have enough milk in our tea. A long-term UAE resident and […]
Third Rove hotel opens in Dubai Emaar brand Rove Hotels opened a third hotel in Dubai this week. Rove Healthcare City is situated next to the American Hospital, between Dubai Healthcare City and Oud Metha metro stations. With 268 rooms, a 24-hour gym, swimming pool and self-service laundromat, the 11-storey hotel is also close to the E11 motorway and Dubai International Airport. Rooms from Dh420 per night […]
Chinese real estate investment abroad rose by more than half last year to a new high, highlighting the potentially disruptive impact of tighter capital controls imposed late in the year to discourage outbound money flows. Overseas investment from China in residential, commercial and industrial property totalled $33bn in 2016, up 53 per cent from a year earlier, according to global real estate group JLL, as Chinese buyers snapped […]
The goal for Starship Technologies robots is to carry about nine kilograms of goods within a radius of three kilometres for $1 or less The robots of the future will be coming soon, rolling along at a lumbering pace with those goods you just ordered. The six-wheeled, knee-high robots from startup Starship Technologies are part of a new wave of automated systems taking aim at the “last […]
But in interviews with dozens of officials, analysts and ordinary citizens across Muslim-majority countries, there was overwhelming agreement that the order issued Friday signaled a provocation: a sign that the American president sees Islam itself as the problem. Continue reading the main story “I think this is going to alienate the whole Muslim world,” said Mouwafak al-Rubaie, a lawmaker and former Iraqi national security adviser in Iraq. […]
Agreement allows healthcare organisations registered within the DHCA to operate inside the DIFC Partnership is in line with government’s wellbeing initiatives to broaden healthcare provision and access across the Emirate Move will continue to increase the international attractiveness and competitiveness of the DIFC community Dubai-UAE: 27 January 2017 Dubai International Financial Centre (DIFC) Authority, the entity overseeing the largest financial centre in the Middle East, Africa and […]
|By Matein Khalid| The election of a Manhattan property developer and (failed) casino owner as President of the United State has not been positive for most American real estate investment trusts (REIT’s). The sharp rise in US interest rates since the election and the Federal Reserve’s vigilance against inflation risk hits this classic “bond proxy” sector, with its reliance on leverage to boost investor returns. In addition, […]
Hundreds of thousands of protesters have taken to the streets of Washington and other major US cities in one of the biggest US political demonstrations in recent memory and a stark rebuke to Donald Trump at the start of his presidency. More than half a million protesters are estimated to have descended on the US capital to take part in the Women’s March on Washington, according to event organisers, […]
There was a noticeable political subtext to the recent London Fashion Week Men’s programme, where many of the designers used their collections to comment on current international problems and controversies. One of those embracing a sociopolitical theme was Sharjah-born Khalid Al Qasimi, whose collection was inspired by John Lennon’s “Bed-In” protest in an Amsterdam Hotel in 1969. While that concept seemed a long way from topical issues […]
By Ian Simpson | WASHINGTON WASHINGTON Washington turned into a virtual fortress on Thursday ahead of Donald Trump’s presidential inauguration, with police ready to step in to separate protesters from Trump supporters at any sign of unrest. Some 900,000 people, both Trump backers and opponents, are expected to flood Washington for Friday’s inauguration ceremony, according to organizers’ estimates. Events include the swearing-in ceremony on the steps of […]
By Emma Farge and Diadie Ba | DAKAR DAKAR Mauritanian President Mohamed Ould Abdel Aziz flew to Senegal to meet with President Macky Sall after last-ditch talks in Gambia aimed at resolving a crisis over the transfer of power, a Senegalese presidential source told Reuters on Thursday. Aziz left Gambia shortly before midnight, when Gambian leader Yahya Jammeh’s presidential mandate expired. Senegal, with backing from leaders in […]
Yazan Mohamad Al Nasser appointed CFO bringing more than 30 years of financial experience Experience in property and retail will benefit DIFC with expansion of the district underway 14 January 2017 Dubai, UAE – Yazan Mohamad Al Nasser has been appointed as the new Chief Financial Officer for the Dubai International Financial Centre Authority, the body overseeing the leading financial centre in the Middle East, Africa and […]
Qatar is regaining its appetite for deals. In the past two months alone, the world’s richest country per capita invested in Turkey’s biggest poultry producer, Russian oil giant Rosneft PJSC, and U.K. gas company National Grid Plc. The investments have been made through the Qatar Investment Authority, created in 2005 to handle the country’s windfall from liquefied natural gas sales, of which it is the world’s biggest exporter. […]
The Chargers’ move is expected to presage another, with the Oakland Raiders gearing up to abandon their home in the coming weeks and bring N.F.L. football to Las Vegas for the first time. Continue reading the main story These moves will ultimately help the league meet its financial target, even at the expense of medium-size cities like San Diego and St. Louis, and possibly Oakland, left without […]
The FTSE 100 notched up its longest run of record highs on Tuesday as another low for sterling helped the UK’s blue-chip index outperform European peers. The main London benchmark added 0.5 per cent, up 37.7 points to 7,275.47. It was the FTSE’s ninth consecutive record-high close as well as its 11th consecutive gain, a winning streak it has only equalled three times — in 1997, 2004 […]
Prince Alwaleed: “This transaction marks yet another success for Kingdom’s value realization strategy” 10 January 2017 Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, announces that it has successfully sold its 100% interest in the Mövenpick Hotel Ambassador Accra to QG Africa Hotel LP, a Mauritius-based fund managed by Quantum Global Investments Africa Management Ltd. for a consideration of $100M. The […]
Submitted by Soeren Kern via The Gatestone Institute, Sharia courts administering Islamic justice in Britain are run by clerics who believe some offenders should have their hands chopped off, according to Muslim scholar Elham Manea. She described the prevailing attitude as “totalitarian” and as more backward than some parts of Pakistan. Teaching children fundamental British values is an act of “cultural supremacism,” according to the National Union […]
Banks and commodity companies set the pace as the FTSE 100 extended its run into record territory on Tuesday, taking the gains for the blue-chip index to 13 per cent since the UK voted for Brexit. Sentiment towards the FTSE 100 has brightened on optimism over bank earnings as bond yields rise, and on the support a stronger oil price is giving the commodities sector. “The FTSE […]
Tapping into the potential of Islamic Economy for the East Africa Market: Kenya will host the 2nd edition of the East Africa Islamic Economy Summit (EAIES 2017) East Africa’s Islamic Economy Summit – Nairobi 2017 Tapping into the potential of Islamic Economy for the East Africa Market: Kenya will host the 2nd edition of the East Africa Islamic Economy Summit (EAIES 2017) LONDON, United Kingdom, January […]
First Avenue, the new mall and hotel project planned for Motor City in Dubai, has signed up a raft of high-profile food and beverage brands. Krispy Kreme, Costa Coffee, London Diary and Mikel Coffee are among those to have signed up and will join a total of 15 food and beverage outlets at the new motoring-themed mall, co-located with a four-star 150-room Park Inn by Radisson hotel, […]
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 […]
A Dubai outpost of the five-star luxury London brand Dukes opened this week on the Palm Jumeirah in Dubai. While the British hotel is in a historic building in London’s Mayfair, the brand-new Dubai hotel aims to offer “the best of British in the UAE”. Located on the west trunk of The Palm, the hotel has 273 guestrooms and 64 suites, including a ladies-only floor and 227 […]
A Kingdom of Oil From the beginning, the social contract between commoners and royals constituted a trade-off: a share of the country’s wealth in exchange for absolute rule by the Saud monarchs. A Life magazine correspondent visiting in 1943 described how, as King Abdulaziz waited on a roadside while a flat tire was fixed on his Packard, he gave a shepherd passing on camelback several gold pieces. […]
