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UK air traffic outage inflicted £33m financial losses // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Millions Of Indians May Soon Be Deprived Of Government Assistance // Dubai boat show confirms international shipyard line-up for November // Dubai details five-year visa benefits for returning visitors // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Cloudflare unveils Zero Wire vulnerability intelligence service // Emaar approves Development buyout ahead of planned delisting // Kochi police detain two actors over bid to honey trap doctor // OpenAI introduces GPT-6 Cyber with restricted security access // Private varsities bill all set to face the axe // APT29-linked campaign exploits outdated Apple and Android software // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Hong Kong mandates crypto transaction disclosures to tax authorities // Technology shares plunge as Nasdaq enters correction // Emirates Group records AED 4.1 billion half-year profit // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Oil and chip shares retreat after Democratic victories //

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Bank also aims to raise interest in Emirati youth to pursue banking and financial careers Dubai, 19 December, 2016 Emirates NBD, a leading bank in the region, has launched a brand new edutainment mobile simulation game, ‘Banki’ in its efforts to promote financial literacy in the UAE. Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young […]

TOKYO Asian shares slipped to four-week lows on Monday as the prospect of higher U.S. interest rates and a strong dollar stemming from the incoming Trump Administration’s purported policies of cutting taxes and spending heavily threatened to suck capital out of emerging markets. European shares are seen having better luck, following recent gains in shares of banks, resource companies and some automakers. Spread-betters see a rise of […]

By Jack Kim | SEOUL SEOUL A friend of South Korean President Park Geun-hye at the centre of a corruption scandal that led to Park’s impeachment in parliament denied charges of fraud and abuse of power on Monday on the first day of her trial. The friend, Choi Soon-sil, 60, is charged with pressuring big businesses to pay money to foundations that backed Park’s policy initiatives. Prosecutors […]

Christmas is a time that centres around family, friends, fun and an abundance of food. Nearly every restaurant across the country is offering at least one celebratory meal this weekend in honour of the festive tradition, so there is no shortage of options. While there are plenty of good options from established venues, why not treat yourself to something new – and try a Christmas feast at […]

The deal would send United Nations monitors to observe the evacuation process after consultations with “interested parties,” which means that observers could in theory be turned down by soldiers and militias on the ground. Senior United Nations officials have repeatedly said that they have sought Syrian government permission to be present during the evacuation process, and that they have not received it. Continue reading the main story […]

ALGIERS, Algeria: Algeria’s defense ministry says that 125 “terrorists” have been killed during year 2016, without giving details on their identities and the location of the military operations.In its monthly magazine El Djeich, the ministry also says that 225 other people have been arrested in its effort to fight terrorism.The ministry says the military “pursues its mission with determination and rigor, achieving results on the ground this […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the international benchmark for oil prices, were trading at $55.57 per barrel at 0401 GMT, up 36 cents, or 0.7 percent, from their last close. U.S. West Texas Intermediate […]

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Monday 02:20 GMT Overview Stocks across Asia were weaker, retreating in line with Wall Street’s slight pullback on Friday from last week’s record highs, and as the US dollar softened. What to watch Investors are turning their attention to the Bank of Japan’s policy decision on Tuesday, in the wake of the Federal Reserve’s interest rate rise last week. While the dollar’s strength over recent weeks seems […]

Senior American officials and top commanders in the Middle East say the brutal urban fight for Mosul is succeeding — however slowly — but is proving to be tougher than expected. These officials predict that the battle to oust the Islamic State from Iraq’s second-largest city could last two to four more months. Continue reading the main story Brett H. McGurk, President Obama’s envoy to the international […]

Image: Sarah Tew/CNET Every week, we sound off on the most important technology trends in our Monday Morning Opener. Looking back on 2016, we’ve identified the five tectonic plate shifts that have made the biggest impact on the industry and our readers who use these tools to drive the progress of the planet. So, without further ado, here are the five big tech trends of 2016 according […]

Six new species of marine animals have been discovered on the sea floor of Indian Ocean, living close to a bunch of hot springs. In a robot led survey, scientists from the Southampton University, Natural History Museum in London and University of Newcastle explored hydrothermal vents in the seabed. Their expedition in November 2011 yielded valuable data and led to the discovery of new organisms living on the […]

The evacuation of eastern Aleppo stalled again on Sunday after a convoy heading for two government-controlled towns came under attack by rebel forces. According to Syrian state television, the buses were en route to al-Fuaa and Kefraya to collect the sick and injured when they were attacked and torched by opposition fighters. A video posted online, purporting to be of the aftermath of the convoy attack, shows […]

David Cameron began 2016 in 10 Downing Street and ended it at DePauw University in a small Indiana town, speaking for a reported £120,000 an hour. The former British prime minister is now paid almost as much for a 60-minute speech as he used to earn in a year, as he tries to make sense of his own historic failure: Brexit. Whatever he says now, Mr Cameron’s […]

|By Arabian Post Staff| UAE’s share of Middle East’s total exports in 2015 increased to 31.5 percent, compared to 28 per cent in 2014, according to a report of the World  Trade Organisation. The UAE also accounted for 30.8 per cent of the region’s total imports. In terms of service trade, the country ranked 20th globally and first in the Arab World with service imports worth USD […]

Wall Street is bathing in nostalgia. This week the cover of Barron’s, the bible of US retail investors, proclaimed “Dow 20,000”. Presenters on CNBC are wearing Dow 10,000 caps first donned in 1999. And each day the thinning crowds on the floor of the New York Stock Exchange have watched the boards to see if the Dow Jones Industrial Average, having passed 19,900, can top the 20,000 […]

A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. The new year rout January proved brutal for investors. After just 10 trading days, global equity markets had lost more than $4tn of value, with sentiment hammered by fears about China’s economic slowdown and a depreciating currency. In turn, bond markets were […]

By Stanley White and Izumi Nakagawa | TOKYO TOKYO Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers’ pockets to boost consumer spending, appear to underestimate the problem. Prime Minister Shinzo Abe is trying to enact labor reforms as part of his “Abenomics” plan to end decades of stagnant growth and […]

Venezuelans are bracing for Christmas without cash after the country’s highest denomination banknote was withdrawn from circulation with new larger bills not due until January, as many fear that the country is spiralling towards hyperinflation. Embattled President Nicolás Maduro this week announced plans to scrap the ubiquitous 100 bolívar bill, which makes up about half the country’s banknotes but is increasingly worthless as annual inflation is forecast […]

US planemaker Boeing is working to resolve certain issues with IranAir to finalise a $16.6 billion aircraft deal, and the manufacturer plans to commence the the first delivery in 2018, a senior company official told Arabian Business. The deal for 80 Boeing passenger jets, announced on Sunday, includes 50 narrow-body 737 MAX aircraft and 30 long-haul 777s, split equally between the 777-300ER, and the 406-seat 777-9, which […]

By Bill Trott Henry Heimlich, the medical maverick who came up with a maneuver credited with saving thousands of choking victims but who damaged his standing as a proponent of the curative powers of malaria, died on Saturday at the age of 96. Heimlich, a doctor who developed a life-saving technique to dislodge airway blockages, died at Christ Hospital in Cincinnati of complications from a massive heart […]

Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]

It was a clear and chilly afternoon in Moscow – March 18, 2014 – when Russian President Vladimir Putin signed the documents to formally annex the Crimean Peninsula away from Ukraine. Frustrated Western governments soon began rolling out the only response they could agree on to Mr. Putin’s brazen redrawing of Europe’s borders: economic sanctions. Over the next two days, the United States would designate 27 individuals […]

When word came that a shaky evacuation deal had been reached, the remaining residents in the last patch of rebel-held Aleppo got moving. Doctors readied their patients, mothers packed their children’s bags and young men burnt their motorbikes to spite regime forces who might have wanted to take them. Relief mixed with heartbreak for residents who have lived in a world more nightmare than reality. Over a […]

Photo Minnesota football players spoke with the media on Friday. Credit Jeff Wheeler/Star Tribune, via Associated Press The University of Minnesota football team on Saturday rescinded its threatened boycott of a bowl game, a protest that had been intended to persuade the administration to lift the suspensions of 10 players entangled in a sexual assault inquiry. Team leaders continued to say that the 10 players, whose suspensions […]

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Just in:
The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Emirates Group records AED 4.1 billion half-year profit // Oil advances towards $100 as tanker attacks persist // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // TVM –Mangaluru Vande Bharat claims top spot // Technology shares plunge as Nasdaq enters correction // Emaar approves Development buyout ahead of planned delisting // Dubai details five-year visa benefits for returning visitors // Cloudflare unveils Zero Wire vulnerability intelligence service // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // OpenAI identifies 948 Linux privilege escalation flaws using AI // Kochi police detain two actors over bid to honey trap doctor // Private varsities bill all set to face the axe // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // UK air traffic outage inflicted £33m financial losses // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Ousted top Kochi cop gets IG post // Millions Of Indians May Soon Be Deprived Of Government Assistance // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia //