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Middle East

Photo Red Crescent workers collected the bodies of migrants on Monday from a beach near the town of Zawiya, Libya. Credit Libyan Red Crescent CAIRO — The bodies of 74 migrants were recovered from a beach near the town of Zawiya in western Libya, rescuers said on Tuesday, an ominous sign before the high season for Mediterranean crossings. The bodies were believed to have come from a […]

Instagram has revealed there are 63 million users in the MENA region, equivalent to ten percent of the social media platform’s global community. Worldwide, Instagram has 600 million people actively using the platform each month, with 400 of those logging in on a daily basis. Instagram Stories has also proven popular, with 150 million new posts each day. The latest figures highlight how people in MENA have […]

Horizon Zero Dawn opens to a protracted introduction of its post-apocalyptic machine-festered world. It’s tedious, as regarded by one reviewer, but it’s essential, because the game’s open world, like all open worlds, is massive. The game is Guerrilla Games’s latest handiwork after Killzone Shadow Fall, the flagship Killzone title released in 2013 for the PlayStation 3. Even before release, it has already garnered acclaim, netting Best Original […]

21 February 2017 Dubai – Auerbach Grayson & Company, LLC, a New York-based brokerage firm specializing in global trade execution and exclusive in-depth research on developed, frontier and emerging markets, announced today that it has partnered with Dubai-based  Arqaam Capital, the specialist emerging markets investment bank, to provide U.S. investors with greater access to the Middle East and South Africa. Through its exclusive partnership with Arqaam Capital, […]

The second Global Mentoring Walk, held in celebration of International Women’s Day, will give women in the UAE a chance to discuss the opportunities and challenges of entrepreneurship in the region. The event – organised by Mompreneurs Middle East – will be held on March 11, 2017, from 7am to 11am at Dubai Polo and Equestrian Club, Arabian Ranches. The annual Global Mentoring Walk brings together established […]

Samsung’s standing in the United States plummeted by 42 places, a new reputation poll reveals. Considering how the whole Galaxy Note 7 fiasco — among other things — stirred up the tech world for both consumers and manufacturers alike, it shouldn’t come as much of a surprise that the South Korean brand is taking quite a hit regarding its position in the market. Samsung’s Reputation In The Eyes […]

The bad old days of golf courses being perceived as water-guzzling eyesores are being transformed as more and more clubs adopt sustainable practices that enhance biodiversity while conserving water to create a fairer way to play. Matthew Perry has no trowel in his hands as he tends to the turf at Dubai Creek golf course. There is no wheelbarrow or shovel – just an electronic device plunged […]

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One-off costs and multibillion-dollar writedowns have dragged down HSBC’s full-year profit 62 per cent year-on-year to $7.1bn, as the London-headquartered lender extended its share buyback programme by an additional $1bn. The British bank blamed slowing economic growth in its main markets of Hong Kong and the UK for the profit slide, as well as a $3.2bn impairment of goodwill to its private banking unit in Europe, and […]

Success for banks selling large blocks of stock in the European market this year points to a supportive environment for new listings in the months ahead, bankers say. There have been 70 such accelerated offerings so far this year according to Dealogic, worth €11.3bn, more than double the €5.5bn sold in the same period a year ago when anxiety about the state of China’s economy prompted much […]

Good news, JRPG fans! The latest installment for the popular Ys series is coming to the United States. Ys VIII: Lacrimosa of Dana is coming stateside on fall 2017. If you want your JRPG fix but Final Fantasy VII Remake feels like eons away, then Ys VIII can give you relief. NIS America will bring this long-running JRPG franchise, which has its own respectable fanbase. Ys VIII: Lacrimosa of Dana is the eighth […]

Donald Trump has picked HR McMaster to be his national security adviser, replacing Michael Flynn, who was ousted just 24 days into the job. Mr Trump called Lieutenant General McMaster “a man of tremendous talent and tremendous experience” after announcing the decision from his Florida Mar-a-Lago resort, the so-called Winter White House. The president said Keith Kellogg, the president’s acting national adviser and a supporter of Mr […]

Trump Is Playing You Note: Soren K is a group of 4 writers to whom I contribute on commodity market posts-Vince Lanci Written by Soren K and MarketSlant.  There is one thing Hillary and Donald agree on. You are idiots. She said it. He thinks it. In fact the voting populace is largely brain damaged. And those who aren’t quite vegetables yet will become pacified with iphones, slot machines, […]

Does Uber worship business performance at the expense of ethics? That question flared up again at the start of this week, after a former programmer complained about sexual harassment at the car-booking company — and a culture she claimed turned a blind eye to misbehaviour in order to protect high-performing employees. As the world’s most valuable private technology company, Uber is the most prominent start-up to emerge […]

MOSCOW Russia’s combative ambassador to the United Nations, Vitaly Churkin, died suddenly in New York on Monday after being taken ill at work, the Russian Foreign Ministry said. The ministry gave no details on the circumstances of his death but offered condolences to his relatives and said the diplomat had died one day before his 65th birthday. It declined to comment on reports that Churkin had been […]

Travis Kalanick has it all worked out. Just ask him. He sees the future, and what it looks like is pretty different from what most people experience every day. Not surprisingly, it all starts with Uber. With a ride-sharing system, says the 40-year-old bachelor and CEO of the transportation company that has gained global notoriety, one car can be shared by 30 people. “The cost of that […]

The quaint cobblestone streets of the historic Gastown district of Vancouver belie its status as a fast-growing technology hub. Drawing on links with nearby Seattle, and San Francisco further south, a tech boom in Canada’s third-largest city has pulled in tens of thousands of skilled workers and start-up entrepreneurs in recent years, sparking a fierce fight for the limited supply of office space. Now the commercial centre […]

Photo Russian soldiers patrolling in Aleppo, Syria, this month. A bomb last week brought the number of Russian combat deaths in Syria to 27. Credit Omar Sanadiki/Reuters MOSCOW — Four Russian servicemen were killed and two were wounded in Syria last week when their car was blown up by a remote-controlled bomb, the Russian news agency Interfax reported on Monday, citing a statement by the Defense Ministry […]

Partnership will allow partner-drivers to connect with on-demand medical professionals United Arab Emirates, 20 February 2017 Uber, the smartphone app-based technology company, has announced a partnership with Altibbi, an online medical mobile application, to connect Uber partner-drivers with on-demand doctors. The application allows partner-drivers to connect with a selection of certified doctors, and get round-the-clock affordable medical consultations over the phone. This gives partner-drivers access to safe […]

Some of the world’s biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investors already account for 19 percent of capital committed to private equity, according to data from research firm Preqin. But mega-funds such as the Abu Dhabi Investment […]

By Stephen Kalin and Maher Chmaytelli | SOUTH OF MOSUL/BAGHDAD, Iraq SOUTH OF MOSUL/BAGHDAD, Iraq U.S.-backed Iraqi forces fought Islamic State fighters on Monday to clear the way to Mosul’s airport, on the second day of a ground offensive on the jihadists’ remaining stronghold in the western side of the city. Federal police and elite interior ministry units known as Rapid Response are leading the charge toward […]

BEIRUT: French far-right presidential candidate Marine Le Pen has met with the president of Lebanon, saying their two countries should be “pillars” in organizing the fight against Islamic fundamentalism.After the half-hour meeting on Monday with Michel Aoun, Le Pen said she also discussed the costs of housing refugees.Le Pen’s National Front party claims Muslim immigration to France boosts terror risks, costs jobs and drains the nation’s treasury. […]

By Mubasher Bukhari | LAHORE, Pakistan LAHORE, Pakistan Pakistan will seek the help of a paramilitary border-security force to crack down on Islamist militants in Punjab province, Prime Minister Nawaz Sharif’s power base, after attacks that killed more than 100 people last week, a government spokesman said on Monday. On Sunday, days after a suicide bomber killed 13 people in the Punjabi city of Lahore, the provincial […]

For President Trump, the designation debate is an election promise made good. He has made no bones about taking an approach to the Middle East that is narrowly focused on counterterrorism, and that plays to domestic supporters who view all Islamist movements — or even all Muslims — as potentially hostile. Continue reading the main story In much of the Middle East, though, the rapid pace and […]

Lenín Boltaire Moreno is in the lead after Sunday’s nail-biting presidential election in Ecuador. The anointed candidate of leftwing President Rafael Correa was close to the margin needed to avoid a second round against Guillermo Lasso, a conservative former banker, in a test for Latin America’s battered left. After a campaign that underlined the divisive legacy of Mr Correa, the US-trained economist who has been in power […]

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