|By Matein Khalid|Emaar Properties will sell 20% of its UAE development portfolio in an initial public offering in November. This is the first IPO in the UAE capital markets in the last three years and follows bellwether offerings such as Emaar Malls and Emaar Misr. Emaar’s Dubai development’s adjusted net value is 24.1 UAE dirhams and I would not be surprised if the post IPO revalues the […]
|By Arabian Post Staff| The introduction of value added tax would force Dubai’s precious metals and gems businesses to relocate to other centres such as Singapore and Hong Kong, DMCC excutive chairman Ahmed Bin Sulayem has warned. VAT could lead to an “exodus” of firms in the gold and diamond industry from the UAE, Bin Sulayem said in a message to the Dubai Diamond Conference and urged the […]
|By Arabian Post Staff| The Ministry of Finance is still in the process of developing the executive regulations of the Value Added Tax, and the rateon on all taxable and exempt goods, exports and services have not yet been finalised. Younis Haji Al-Khouri, under-secretary in the ministry of finance, said in a statement that the ministry is working to ensure maximum disclosure and transparency before announciung the […]
|By Arabian Post Staff| With so many companies facing debt write-offs and bankruptcy, a provision in the UAE VAT tax law is likely to become a key focus in the days to come. And this provision relates to relief that will be available for debts written off by VAT registered businesses in certain circumstances. To what extent this will help companies in trouble or whether it will […]
|By Arabian Post Staff| Following commercialisation in the 1990s, today metal 3D printing has established itself as an attractive manufacturing solution for prototyping and beyond. Metal printer manufacturers and materials suppliers are poised to capitalise on this unmet demand, with the 3D printing metals market to be worth $12B in 2028. This rapid growth is analysed and implications evaluated in the latest market intelligence report from IDTechEx Research, 3D […]
|By Arabian Post Staff| Senaat, the industrial investment holding company managing the assets of the Abu Dhabi government, announced marginally lower revenue and profits for 2016. The Group claimed a solid performance by operating companies, reflecting the resilience of its business model. Revenues of AED 13.4 billion (2015: AED 14.0 billion) were marginally lower compared to the previous year and total EBITDA also declined slightly to AED 1.8 […]
|By Jordan Roy-Byrne| Intermarket analysis is a rather new field in technical analysis but one of my favorites because it is critical in understanding Gold. Asset classes like stocks and bonds are enormous and aren’t as influenced by as many factors as Gold. Trends in stocks, interest rates, commodities and currencies impact Gold in one way or another. We have written many articles over the years analyzing […]
|By Arabian Post Staff| Gold plunged after trading volume hit 1.8 million ounces in just one minute and gold traders were shaken by the plunge, Bloomberg reported. Gold traders shaken awake by Monday’s rapid price plunge said the move probably won’t mean an end to the sleepy pace that’s characterized the market in recent months. Bullion sank at 9 a.m. in London on Monday after a huge spike […]
Interested in precious metals investing or storage? Contact us HERE Posted with permission and written by John Rubino CLICK HERE FOR ORIGINAL) By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of thousands of computers over the weekend. The fact that the onslaught is just beginning — as the military-grade hacking tools developed by […]
According to the new order, tobacco cannot be sold within 100 meters, or about 330 feet, of schools, playgrounds or anywhere children might gather. Municipalities must also designate smoking areas that are far from these places, and away from elevators, stairwells, gas stations, health centers and wherever food is prepared. “No smoking” signs are to be posted in all public places. Continue reading the main story The […]
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Chairman of the Shabab Al Ahli Dubai Club committee, on Wednesday meet with Mattar Al Tayer, Vice Chairman of Dubai Sports Council, along with members of the club merger committee. Wam Mohammed Al Bowardi, Minister of State for Defence Affairs, in China on Wednesday discussed with General […]
The grandiose reception seeks to convince Mr. Trump that his priorities are theirs, too, and that they are indispensable partners in fighting terrorism, in confronting Iran, in bolstering American businesses and perhaps even in pursuing peace between Israelis and Palestinians. Continue reading the main story “It is a remarkably buoyant moment for them,” said Stephen A. Seche, a former United States ambassador to Yemen and the executive […]
Fears over the scale of crisis that Donald Trump’s presidency faces hung over markets on Thursday, with European stocks weaker and those in the US expected to open lower following their worst one-day drop since September. The Stoxx Europe 600, the region’s benchmark, was down 0.8 per cent in mid-session trade while futures suggest the S&P 500 will slip by 3 points to 2.354 when Wall Street […]
A recent poll put Mr. Raisi in second place in the race for the presidency, with 27 percent of the projected vote. The same poll, by the Iranian Students Polling Agency, projected that the incumbent president, Hassan Rouhani, will get around 42 percent, depending on the turnout on Friday. Continue reading the main story On Monday, though, the second-most-popular conservative in the race, Mohammad Bagher Ghalibaf, the […]
Designers, buyers and influencers have descended on Dubai for Arab Fashion Week, a five-day event dedicated to ready couture and resort wear for women, men and those who refuse a label. The show opened Tuesday night with Jordanian-Canadian sensation Rad Hourani, known for his unisex designs, Palestinian-American Jenanne Filat and her menswear lineup straight out of Arkansas, and runway darlings Marchesa. Hourani sent his models down the […]
Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]
By Jonathan Barrett | SYDNEY SYDNEY Mining magnate Andrew Forrest has used laws designed to protect indigenous land rights to stop prospectors searching for minerals on his West Australian cattle farms, angering both traditional Aboriginal landowners and mining community members. While tensions between the competing interests of indigenous landholders, pastoral leaseholders and miners on government-controlled land are common, Forrest’s approach represents one of the first known examples […]
Photo Supporters of President Hassan Rouhani, who is running for re-election, at a campaign rally in Isfahan, Iran, on Sunday. Credit Vahid Salemi/Associated Press WASHINGTON — The Trump administration signaled on Wednesday that it would not, for now, jettison the Iran nuclear deal, despite the president’s harsh criticisms of the agreement during the campaign. But while acknowledging that the deal would remain in place, the administration imposed […]
With Hitachi Video Analytics, ordinary municipal cameras become smart sensors that provide a variety of information and real-time alerts for public safety. May 17, 2017 — 21:32 GMT (14:32 PDT) | Topic: Infographic (via PCMag)
We all know — or, well, we should all know — how to block malware attacks. You don’t install unknown applications. You don’t open dodgy email attachments. And you don’t download files from strange websites. But then, there’s WannaCrypt, aka WannaCry. It starts by infecting you the old-fashioned way, but once it makes it on your network, it uses an out-of-date version of Windows’ Server Message Block […]
At the same time, the Palestinian Authority president, Mahmoud Abbas, generally seen as hesitant, or even obstructionist, may to Mr. Trump seem the most accommodating. Continue reading the main story It is at once a case study in why this region is so unpredictable and a test of whether the new president is in over his head or knows something his many failed predecessors did not. “We […]
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. A few more Americans now know H.R. McMaster, who resembles an aging Mr. Clean with horn-rimmed glasses. But they don’t know him nearly as well as Tom Ricks. His journalism experience reveals a distinct reason to doubt McMaster’s defense of […]
Over the years, although the government has remained broadly authoritarian, it has oscillated among degrees of democracy. Those fluctuations, while subtle, have often coincided with elections like Friday’s. Photo Ayatollah Khomeini, the leader of the Iranian revolution, returning to Tehran in 1979 after his exile in France. Credit Gabriel Duval/Agence France-Presse — Getty Images Islamic Republic: Yes or No? After throwing off their government in 1979, Iranians […]
The Associated Press quoted unidentified Sudanese sources as saying earlier on Tuesday that Mr. Bashir had been invited to the Saudi summit. His invitation was first reported last week in the Sudanese news media. Continue reading the main story The official Saudi Press Agency reported on May 1 that a senior Saudi representative had visited Sudan and met with Mr. Bashir, but the Saudis have not announced […]
