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Dubai, UAE 08 March 2017  Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, today announced its Full Year Financial Results for the year ended 31 December 2016. Amlak reported net profits of AED 107 million at the end of December 2016, a decrease of 20% compared to AED 135 million in 2015. The Company’s total revenues, however, reached AED 778 million in […]

Even though the Nintendo Switch is flying off of shelves, many gamers are disappointed that the home and portable gaming console doesn’t include support for Netflix and other streaming services. But all that is about to change—in time. President and COO of Nintendo of American Reggie Fils-Aime revealed that streaming services could launch on its console in the future. The reason why support for Netflix and the […]

By Gabriela Baczynska | BRUSSELS BRUSSELS European Union leaders will discuss on Thursday their agreed plan to cut immigration from Libyan shores to Italy but they increasingly fear that calmer spring weather will bring a new surge of arrivals from Africa. Arrival numbers from lawless Libya are already higher than last year. Some 9,000 people made the perilous voyage in January and February last year, compared with […]

Confide, a messaging app used inside the White House and touted for its ability to allow staffers to privately leak to the press, isn’t as secure as the company claims. The multi-platform app, which first broke onto the security scene three years ago but only recently made headlines for its use across the Trump administration, claims that nobody can intercept and read messages that disappear after they […]

VIENNA The U.N. nuclear agency’s 35-nation Board of Governors on Wednesday backed the agency’s chief, Yukiya Amano, for a third term as director general after he ran unopposed on a platform of continuity in dealing with issues like Iran’s nuclear programme. Amano, a 69-year-old career diplomat from Japan, has headed the International Atomic Energy Agency (IAEA) since 2009, including the years leading up to Iran’s nuclear agreement […]

AMMAN: An official in Jordan’s government says a Jordanian soldier who killed seven Israeli schoolgirls visiting the country on a class trip will be released after serving 20 years in prison.Spokesman Mohammed Momani said Tuesday that Ahmed Daqamseh is to be freed next week, possibly Monday, after completing his term.Daqamseh killed the girls in a 1997 shooting rampage at the “Island of Peace” border post.A military court […]

“Talk is cheap, implementation is difficult,” said Fadel Gheit, a senior oil company analyst at Oppenheimer & Company. “They will have to recreate books that never existed.” Photo Khalid A. al-Falih, Saudi Arabia’s energy minister and chairman of Saudi Aramco, speaking at a conference in Houston on Tuesday. Credit Melissa Phillip/Houston Chronicle, via Associated Press As a prize, there are fewer bigger than Saudi Aramco. The Saudis […]

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By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON When the bosses of some of the world’s largest pharmaceutical companies headed to Washington in January to meet U.S. President Donald Trump, it had all the makings of a potentially hostile meeting. Just weeks before, Trump had sent drug stock prices plummeting after accusing the companies of “getting away with murder” by charging too much for medicines. But […]

For many, South Korea’s decision to host a missile shield to defend against its hostile northern neighbour should not be controversial. In the past month alone, North Korea has fired six ballistic missiles, with a barrage of four successful launches on Monday trumpeted by Pyongyang as being a drill targeting US bases in Japan. But in a region riven by simmering historical grievances, Seoul’s move has sparked a bitter […]

By Tim Kelly and Nobuhiro Kubo | TOKYO TOKYO Rattled by North Korean military advances, influential Japanese lawmakers are pushing harder for Japan to develop the ability to strike preemptively at the missile facilities of its nuclear-armed neighbour. Japan has so far avoided taking the controversial and costly step of acquiring bombers or weapons such as cruise missiles with enough range to strike other countries, relying instead […]

Via Soeren Kern of The Gatestone Institute, “The threat to the UK remains from homegrown terrorism, and is heavily youth- and male-oriented with British nationals prevalent among offenders.” — Islamist Terrorism: Analysis of Offenses and Attacks in the UK (1998–2015). “The increased prevalence of smaller cells and individualistic offending, suggests a rise in terrorism cases that feature shorter lead times to offending and fewer opportunities for identification.” […]

SEOUL A man claiming to be the son of the slain, estranged half brother of North Korea’s leader said he was lying low with his mother and sister, in a video posted online by a group that said it helped rescue them following the murder a month ago. The governments of Netherlands, China, the United States, and a fourth unnamed country provided emergency humanitarian assistance to protect […]

And Mr. Trump’s conveniently timed call was a not-so-subtle reminder to Israel’s attorney general that indicting Mr. Netanyahu — a step that would precipitate his resignation as a prime minister — could harm Israel’s national security at a dangerous time. Continue reading the main story Mr. Netanyahu has survived past inquiries into his personal trips and home expenses without charges, and he has steadfastly denied wrongdoing in […]

BERLIN Support for Germany’s Social Democrats (SPD) nudged up to 32 percent, one percentage point behind Chancellor Angela Merkel’s conservatives, over the past week, according to a poll published on Wednesday. The centre-left SPD, currently the junior partner in Merkel’s ruling coalition, has seen its poll ratings soar since nominating former European Parliament president Martin Schulz as its candidate for chancellor in the Sept. 24 federal election. […]

By Kiyoshi Takenaka and Teppei Kasai | NAMIE, Fukushima NAMIE, Fukushima A truck occasionally whizzes past the darkened shops with cracked walls and fallen signs that line the main street of Japan’s mostly deserted seaside town of Namie. Workers repair a damaged home nearby, and about 60 employees busily prepare for the return of former residents in the largely untouched town hall. Not far away, two wild […]

March 8, 2017 by: Shawn Donnan and Demetri Sevastopulo in Washington ZTE has agreed to plead guilty to criminal charges of violating US sanctions on North Korea and Iran and to pay up to $1.2bn in fines, the largest sanctions-busting penalty levied against a Chinese company by Washington. The Chinese telecommunications group also admitted to obstructing a federal investigation as part of a settlement announced on Tuesday […]

The House of Lords has voted in support of a requirement for the government to bring the final terms of Britain’s exit from the EU before parliament for its approval, inflicting a second defeat on Theresa May’s Brexit strategy in the space of a week. With 634 peers voting — the largest number of peers to participate in a vote in the upper chamber on record, according […]

By Laila Kearney | NEW YORK NEW YORK A new round of bomb threats against Jewish community centres across the United States and in Canada forced lockdowns and evacuations on Tuesday, and all 100 U.S. senators asked the federal government to help them enhance security. Threats were phoned in or emailed to JCCs in states including New York, Wisconsin, Illinois and Florida overnight and early on Tuesday. […]

By Jonathan Stempel | NEW YORK NEW YORK PricewaterhouseCoopers LLP [PWC.UL] pinned the blame for MF Global Holdings Ltd’s collapse squarely on the commodity brokerage and its former chief executive, Jon Corzine, at the start on Tuesday of a trial over whether the auditor should pay about $3 billion for its alleged negligence. Jurors are considering a demand by MF Global’s bankruptcy plan administrator that PwC be […]

A ground-breaking research in the field of neuroscience offers an in-depth analysis of the brain’s reward system, highlighting its influence on the decision-making process. The study encompasses three decades of investigation into the role of dopamine in everyday life choices and shows how the brain perceives different options, prioritizing those which prompt a better reward. For their outstanding merits, Professors Wolfram Schultz, Peter Dayan, and Ray Dolan received […]

Etihad Aviation Group employs nearly 10,000 women as it marks International Women’s Day 07 March 2017 Her Highness Dr. Sheikha Shamma bint Mohammed Al Nahyan has made a special visit to Etihad’s Global Business Service Solutions (GBSS) facility in Al Ain. Today’s visit was part of Etihad Aviation Group’s (EAG) activities to mark International Women’s Day, recognised internationally on 8 March each year to celebrate the achievements […]

BEIJING China’s civil code pre-amble, expected to be passed next Wednesday by the National People’s Congress, promises to address a number of legal questions: – The pre-amble draft requires companies rights and obligations are determined in a “fair” and “reasonable” way. The previous principles only required “fairness”. Some lawyers say this could mean companies and individuals are compensated at market rates if they are forced to move […]

Donald Trump is not alone. When the US president complained, just before taking office, at the size of his country’s trade gap with Germany, he highlighted an issue that has long been the source of irritation in Washington and beyond. It is a topic that is now also stimulating debate within Germany — with possible consequences for the country’s trade ties with the rest of the world […]

Photo A fighter in the Syrian Democratic Forces, an American-backed militia, in the outskirts of Deir al-Zour last month. The militia said it had seized the route linking Raqqa to Deir al-Zour Province on Monday. Credit Delil Souleiman/Agence France-Presse — Getty Images The Islamic State appeared to suffer an important setback on Monday when American-backed militia fighters in Syria seized the main route that connects Raqqa, the […]

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