March 2, 2017 by: Nic Fildes, Telecoms Correspondent Deutsche Telekom has taken a €2.2bn charge on its investment in BT, pushing the German group to a fourth-quarter loss in 2016. Europe’s largest telecoms company blamed the Brexit vote, a decline in the value of sterling and the collapse in BT’s share price for the write-off. It holds a 12 per cent stake in BT which has been […]
Photo King Salman of Saudi Arabia, center, arriving at the presidential palace in Bogor, Indonesia, on Wednesday. Credit Achmad Ibrahim/Agence France-Presse — Getty Images LONDON — You could call it bling diplomacy. As part of a monthlong tour in Asia to promote economic ties, King Salman of Saudi Arabia arrived in Indonesia on Wednesday to great fanfare, accompanied, the news media said, by a retinue with a […]
Education, rather than exposure to immigrants, is emerging as the clearest nationwide indicator of the likelihood of Dutch voters supporting Geert Wilders’ anti-immigration Party for Freedom, according to an extensive Financial Times survey of demographic and voting data from the most recent general election. Mr Wilders’ Party for Freedom (PVV) looks on course to win the most seats in the upcoming election on March 15, but is […]
The raid is a delicate issue in the Trump administration because the president authorized it five days into office, over dinner at the White House with Mr. Mattis and several other senior officials. But in an interview with “Fox & Friends” on Tuesday, Mr. Trump seemed to distance himself from the operation, saying that responsibility for the decision to go forward rested with his generals. “This was […]
Social media conversation about ride-hailing app Uber is on the decline in the Middle East, while its local competitor Careem is gaining pace, according to a new report. US-based Crimson Hexagon, a social media analytics company, on Wednesday said in its “The Middle East Consumer Trends” report that Careem is gaining traction over Uber because it is perceived as a “local” brand as regional consumers now prefer […]
Dubai, UAE, 01 March 2017 Konica Minolta Business Solutions Middle East will be taking part at the Gulf Print and Pack 2017 running from 26th to 29th March at Dubai World Trade Centre. Konica Minolta will be showcasing and unveiling new developments at the Gulf Print and Pack 2017. As a leading global service provider in the field of IT- and document processes as well as digital […]
/By Arabian Post Staff/ The success of DIFC and DMCC has inspired a US-based group to recreate the model in the western hemisphere. The C-MCC Development Group LLC, a US-based development group, announced that it will establish the C-MCC Worldwide Free Trade Zone on Curacao island, patterned after the successful Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC) located in the United Arab […]
Cheung Kong Infrastructure and Fosun International are among several Asian groups that have submitted bids for Q-Park, one of Europe’s largest parking lot operators, in a deal that could fetch more than $2.4bn. China Oceanwide, a Beijing-based conglomerate owned by a billionaire banking magnate, and Shougang Group, a state-owned Chinese steel company, also joined the first round of bidding on the Netherlands-based parking group, two people familiar […]
In 2011, the Kabul foreign press corps numbered 85, by the reckoning of Dominic Medley, who has worked here for many years as a press officer for NATO, the American military and the United Nations. The American military was surging, reaching more than 100,000 troops by 2012. The press surged as well, with regular visitors in addition to the resident press corps, plus dozens of reporters going […]
Organisers of the Middle East Film and Comic Con (MEFCC) say the sixth edition to be held in Dubai in April will be its biggest ever. The pop culture convention is returning at the Dubai World Trade Centre (DWTC) from April 6-8 with a showcase of the best regional and international talent, celebrity guests, pop culture exhibitors and activities, a statement said. Over the past five years, […]
By Hamid Shalizi and Saud Mehsud | KABUL/DERA ISMAIL KHAN, Pakistan KABUL/DERA ISMAIL KHAN, Pakistan An Islamic State offshoot based near the Afghan-Pakistan border is expanding to new areas, recruiting fighters and widening the reach of attacks in the region, members of the movement and Afghan officials said. Some members of the so-called “Khorasan Province” of Islamic State claimed responsibility for the recent attack on a Sufi […]
The Trump administration is preparing to ignore any rulings by the World Trade Organisation that it sees as an affront to US sovereignty, according to a leaked report prepared by officials. The move would be a departure from US practice and a blow to the international watchdog’s credibility. The hard-hitting report, which was sent to Congress on Wednesday and obtained by the Financial Times, marks the first time the […]
Its account of the convoy attack went much further than findings of a United Nations inquiry set up by then-Secretary General Ban Ki-moon, which concluded in December that the convoy had been bombed from the air but did not identify the attackers. Continue reading the main story The 31-truck convoy organized by the United Nations and the Syrian Arab Red Crescent had been carrying food, medicine, children’s […]
Overwatch fans, rejoice! Season 4 of competitive play has kicked off and a number of neat changes and additions are in the mix, including the highly anticipated server browser. The latest patch brings a new mode, a customized game browser, competitive play, hero updates, map balance changes, and bug fixes, all aiming to take the Overwatch experience to the next level. Overwatch Season 4 Hero Updates The most significant changes […]
American rapper Silento has been been banned from leaving the UAE after failing to appear at two concerts for which he was contracted. Al Ain Civil Court imposed the travel ban on February 20 after the Alabama-born rapper, a Soul Train Music Award winner best known for his single Watch Me (Whip/Nae Nae), failed to appear at the concerts in Abu Dhabi and Al Ain last month. […]
Wednesday 16:30 GMT Overview Wall Street surged to another record as comments from Federal Reserve officials caused traders to boost their bets for an increase in US interest rates this month and investors celebrated a more upbeat tone from Donald Trump in his first address to Congress. In keeping with he risk-on mood that washed across financial markets around the globe, the dollar also rose and gold […]
WASHINGTON — Russian aircraft mistakenly bombed Syrian fighters who were being trained by the United States, the commander of the American-led operation in Iraq and Syria said on Wednesday. American advisers were about three miles away when the Russian strike occurred. The episode pointed to the risk of unintended clashes among the myriad forces operating on a fluid battlefield in Syria, as the American command looks toward […]
The high profile event will showcase a wide range of real estate opportunities with Al Bandary Real Estate and Ezdan Real Estate amongst the top local companies exhibiting Doha, Qatar: March 01, 2017 Cityscape Qatar 2017, the largest real estate development and investment exhibition in the State of Qatar, welcomes this year a large number of leading local and international exhibitors to participate in its sixth edition, […]
OFRA, Palestinian Territories: Israeli police began removing residents and protesters on Tuesday from nine West Bank settler homes set to be demolished under a Supreme Court ruling.The homes in the Ofra settlement — a symbol of Jewish settler defiance to international concerns — were found to have been built on private Palestinian land and ordered razed by March 5.Police cleared protesters from the houses one at a […]
Big reforms to rules for UK initial public offerings have been proposed by the market regulator to give investors better and earlier information, as the watchdog seeks to keep Britain “open for business” after Brexit. The Financial Conduct Authority said on Wednesday that information about a company planning an IPO should be made available sooner, and to a wider range of analysts and investors. The FCA warned that […]
Mr. Masri was “jihadi royalty, meaning his death will almost certainly necessitate some form of response, whether from Syria or elsewhere in the world,” Mr. Lister said. Continue reading the main story The killing of the Qaeda leader was previously reported by CNN and The Guardian. It was confirmed by an American official who declined to be identified because he was discussing classified intelligence reports Photographs of […]
DUBAI // Sophie Shams, 17, is one of the few Emiratis playing touch rugby. The Dubai College schoolgirl, who plays for a team outside of school, serves as an inspiration not just for UAE nationals but for girls of all nationalities. “Touch is one of the few sports that mixes talent from both sexes, forcing everyone on the pitch to constantly push themselves to higher limits,” she […]
Australia’s corporate world has been warned that executives must disclose workplace romances or risk censure and financial penalties, following a decision by QBE Insurance to slash the pay of its chief executive over an affair. This week the insurer’s board cut A$550,000 (US$420,000) from the short-term bonus awarded to John Neal because he failed to notify them in a timely manner of a relationship he was having […]
Hospitality firm sbe has announced it will open its first hotel in the Middle East with the launch of Mondrian Doha, Qatar in the second quarter of 2017. This soft opening will set the stage for Mondrian Doha’s grand opening celebration, which follows in late September, the company said in a statement. The 270-room hotel has been designed in collaboration with world-renowned Dutch designer, Marcel Wanders, and […]
