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30 April 2017 COLOMBES, France–(BUSINESS WIRE/ME NewsWire)– OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions and a forerunner in the payment sector, has been selected by Mashreq Bank to deploy Instant Card Issuance in the United Arab Emirates (UAE). Mashreq Bank is one of the UAE’s leading financial institutions. Established in 1967 by the Al-Ghurair Group, it is the largest […]

Ibn Arabi, undoubtedly one of the world’s great spiritual teachers, provokes mixed reactions. There are those that consider the 12th century mystic, philosopher, Islamic scholar, poet and sage to be the foremost spiritual leader and Sufi master in Muslim history. Others regard him as a heretic or even an apostate. There is rarely much middle ground. Ibn Arabi – known as Muhyiddin (the Revivifier of Religion) and […]

“Expression knows no boundaries or limits,” the video said. “Expression is strength and freedom. It defines who you are.” Continue reading the main story As it turns out, though, there are quite a few boundaries and limits on expression in Dubai and across the United Arab Emirates, where the news media is censored to remove criticism of the government or the coalition of royal families that controls […]

30 April 2017 COLOMBES, France–(BUSINESS WIRE/ME NewsWire)– UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, and OT (Oberthur Technologies) have partnered to launch “gocash” prepaid card of UAE Exchange through the first-ever contactless payment via wearable devices (powered by “Flybuy MiniFOB” technology of OT), at the Seamless Middle East Conference in Dubai on 01 May 2017. UAE Exchange will be offering the wearable […]

LIBYA: Libya has seized two foreign-flagged oil tankers and detained their crews for allegedly smuggling fuel after an hours-long gunbattle off the west coast, authorities said.Oil is Libya’s main natural resource, with reserves estimated at 48 billion barrels, the largest in Africa.Libya had an output capacity of about 1.6 million barrels per day before the 2011 armed uprising, but production has since slumped as rival forces battle […]

Heart attack and stroke were the most common reasons for life and critical illness cover claims by men in the Middle East, while cancer was the leading cause for claims by women, according to new research. Zurich International Life’s latest claim statistics revealed that the majority of claims made by men are from those aged 40 and above, whereas for women, the majority of claims were paid […]

30 April 2017 UAE – According to the annual YouGov survey conducted by IP Global, the leading full-service property investment company; North America, UK, Germany and Australia remain the top property investment destination for UAE residents. The survey results show that when it comes to investing in property abroad, North America is the most popular market among UAE citizens. The UK with 13% and Australia with 11%, […]

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The pope said he did not know enough about French politics to respond, but, he said, “Europe is in danger of breaking apart, this is true.” He noted that the migrant crisis fueled fears that destabilized the Continent, “but we mustn’t forget that Europe is made by immigrants.” Continue reading the main story “Centuries and centuries of immigrants,” he said. “It’s us.” That inclusive message has proved […]

Epilepsy is a neurological disorder that affects millions of people, regardless of age, but has yet to discover why it happens and how to effectively stop it. So far, most epilepsy patients manage their seizures with prescription drugs or by using cannabis. While scientists continue to study minibrains in order to understand the origins of epilepsy and other neurological disorders, however, a team of engineering students from Rice University […]

Saturday’s American casualty was the third this past week in the fight against the Islamic State. On Wednesday, two American soldiers were killed in Afghanistan during a raid on ISIS fighters. Pentagon officials said they might have been struck by friendly fire. The Defense Department on Friday identified the soldiers, both of them Army Rangers, as Sgt. Joshua Rodgers, 22, and Sgt. Cameron Thomas, 23, deployed from […]

Authored by Jeffrey Snider via Alhambra Investment Partners, Back on March 10, the New York Fed’s attempt at real-time GDP forecasting predicted that the Q1 2017 estimate would be 3.2%. That would have qualified as another decent quarter, the second out of the past three and somewhat in keeping with “reflation.” As we know today, the advance figure calculated by the Commerce Department amounted to just 0.69% […]

The third Dubai Week in China, an event to promote and catalyse economic development and cultural exchange, will take place in Shenzhen, located in Southern China, later this year. The announcement was made by Falcon and Associates, a strategic advisory company that works for the Dubai leadership and initiated Dubai Week in China.    Following the success of Dubai Week in China in Beijing (2015) and Shanghai (2016), […]

Say you’re a gaming company that released a brand-new console, a throwback to one of your old hits. Suppose it became an instant rousing hit to the point where a lot of people went out of their way to snag one from any store that had it. This is great, right? People actually want your product, a demand which you had not expected from the get-go. What […]

Hotels in Saudi Arabia suffered during the first quarter of 2017 with occupancy, rates and revenues all showing double-digit decreases, according to new figures. Data released by hospitality analysts STR revealed that hotel occupancy across the Gulf kingdom averaged 58.3 percent in Q1, down 10.4 percent on the year-earlier period. STR also said that average daily rates (ADR) in Saudi Arabia slumped by 12 percent to SR578.09 […]

Sadara’s 26-plant chemical complex makes strong headway towards full operation with completion of plastics envelope JUBAIL, Saudi Arabia, April 27, 2017 – Sadara Chemical Company (Sadara) announced today the startup of its fourth and final polyethylene unit, the High Pressure Low Density Polyethylene (HP-LDPE) Train. This marks a significant milestone for the company as it continues to bring its world-scale manufacturing facilities on stream.  The HP-LDPE Train […]

Liberia is once again under the close watch of the World Health Organization (WHO) and the U.S. Centers For Disease Control and Prevention (CDC) after a mystery illness has claimed 11 lives to date. While symptoms of the mystery illness mimic those of early stage Ebola, samples from the deceased tested negative for the disease. Mystery Illness Investigations are now underway after 11 individuals, most of whom […]

That it fell to Barcelona’s Lionel Messi to score the match-winning goal away to arch-rivals Real Madrid on Sunday was of little surprise to his legions of devotees, who already view the diminutive Argentinian as something of an immortal giant on the football field, and even to casual fans. El Clasico – the lyrical Spanish name for matches played between the two powerhouses of the country’s domestic […]

At Al Azhar, he embraced the mosque’s Grand Imam, Ahmad al-Tayeb, who urged the West not to hold an entire religion “accountable for the crimes of any small group of followers.” Continue reading the main story Pope Francis then turned to matters of state, seeking to encourage progress on human rights from his host, President Abdel Fattah el-Sisi. Mr. Sisi ousted the Muslim Brotherhood in a military […]

Integrated lifestyle development establishes a new benchmark for experiential travel in the region Dubai, UAE – 27 April 2017 – Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, together with Marriott International (NASDAQ: MAR) today announced plans to launch the region’s first cinema-themed concept at Aloft Dubai City Centre Deira. The concept will feature a unique […]

When the Nasdaq Composite index first spent two days above the 5,000 mark, it signalled the last gasp of a spectacular bull market. Confidence in internet companies’ power to change the world and mint fortunes was about to collapse. Seventeen years later the market has hit a milestone of 6,000, part of a run of record highs for global equity markets. While stocks have again been rising […]

US hotel giant Hilton has announced that it has more than 16,000 rooms under construction in the Gulf region which will open by 2020. Hilton CEO Chris Nassetta underlined the importance of the region to his company’s ambitious expansion plans. He said Hilton has a total of over 21,000 rooms in its pipeline across the Gulf, with the six markets of the GCC contributing more than a […]

Rumors of a mighty Galaxy Note 8 have already been making rounds for a good while, but Samsung just confirmed it. At one point after the two Galaxy Note 7 recalls, it seemed uncertain whether Samsung would continue the series and launch a Galaxy Note 8. Rumors started to intensify nonetheless and it seemed like a given that a Galaxy Note 8 would arrive this year, and […]

Photo Army soldiers carried the remains of Army Sgt. Joshua Rodgers on Friday. Sgt. Rodgers and Sgt. Cameron Thomas were killed in Afghanistan during a raid on Wednesday. Credit Cliff Owen/Associated Press WASHINGTON — Two American soldiers who were killed in Afghanistan during a raid Wednesday night may have been struck by so-called friendly fire, the Pentagon said. The Defense Department identified the soldiers as Army Rangers, […]

By Philip Pullella | CAIRO CAIRO Pope Francis celebrates a Mass in a military stadium on Saturday, the last of a two-day visit to Cairo where he has called for leaders of all faiths to reject religious violence and denounce intolerance. Three weeks after Islamic State militants killed at least 45 people in attacks on two Egyptian churches, Francis has used his trip to launch a strong […]

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