Kim Jong Nam, the older half-brother of North Korean leader Kim Jong Un, has been assassinated at Kuala Lumpur airport, Korean-language media reported late on Tuesday. He was reportedly killed by two women using poisoned needles who fled the scene by taxi, the reports said. The older Mr Kim was once considered to be an heir to the late Kim Jong Il, North Korea’s former leader, but […]
After a five-hour delay, Toshiba has finally unveiled a $6.3bn nuclear writedown. The company announced that Shigenori Shiga, the chairman of Toshiba, will step down after the struggling Japanese industrial group warned that it would book a ¥712.5bn ($6.3bn) writedown to reflect massive cost overruns and delays linked to several nuclear projects in the US. For the full year through March 2017, the company said it anticipates […]
Photo Credit Justin Renteria It’s a fair bet that the first meeting on Wednesday between President Trump and Prime Minister Benjamin Netanyahu of Israel will feature big smiles and reassuring words. Both men are eager to demonstrate that the hostility that poisoned Mr. Netanyahu’s relations with President Barack Obama is a thing of the past. But personal chemistry can go only so far. The issues facing the […]
Hundreds of drivers with ride-hailing service Uber in Qatar went on strike on Monday for the second time in a year to protest against fare cuts. The US-based company, which started operations in Doha in 2014, has in recent months cut fares by 15-20 percent for passengers amid growing competition from local firms. Uber drivers in Doha stayed home on Monday to protest the cuts and an […]
14 February 2017 Manama, Bahrain – SAH Global conducted the MENA region’s first-ever Proton Therapy Patient Reunion in the Kingdom of Bahrain. Founded in 2005, SAH is the only company in the MENA region that is already treating patients from the area, while establishing a network of Proton Therapy centers globally, with the first center slated to be in the GCC. The event was held under the […]
Huawei’s next flagship smartwatch is now believed to be unveiled at this year’s Mobile World Congress, as informed by a recent Weibo post by Huawei’s CEO. The device in question will reportedly feature calling, texting, and more, without a smartphone. ( Vivien Killilea | Getty Images ) Huawei looks seemingly set to unveil its next flagship smartwatch, the Huawei Watch 2, at this year’s Mobile World Congress in […]
Donald Trump’s embrace of protectionism and opposition to multilateral trade deals has prompted EU leaders to ask how Europe might deepen ties with Asia as a way of bolstering global commerce and safeguarding export markets. Some officials have talked about Europe performing its own trade pivot to Asia as well as other emerging markets. But closer engagement, especially with China, at a time of global economic upheaval […]
The United States on Monday labelled Venezuela’s vice-president an international drug trafficker, freezing millions of dollars worth of his US-based wealth as it accused him of facilitating multiple one-ton narcotics shipments to Mexico and the US from a Venezuelan air base and the country’s ports. The US Department of the Treasury formally designated Tareck El Aissami a drug kingpin for “playing a significant role in international narcotics […]
By Andrew Chung and Mica Rosenberg | NEW YORK NEW YORK Washington state’s attorney general has promised to uncover “what truly motivated” President Donald Trump’s executive order on immigration, an approach that could prompt a rare public examination of how a U.S. president makes national security decisions. The presidential order imposed a temporary ban on travelers from seven predominantly Muslim countries, but a federal judge has barred […]
IBM CEO Ginni Rometty recently sent an email to her employees detailing her involvement with, and counseling of, the Trump administration. In it, Rometty claimed that her meetings with the Trump administration as part of the president’s business advisory are purely an opportunity to promote IBM’s values and technological expertise. “IBM does not espouse a partisan or political point of view,” the letter states. “Alone […]
Apple stock hit a new all-time high on Monday, driven by investor optimism about a coming iPhone sales “supercycle” and hopes that its $230bn in overseas cash might soon be put to greater use. It has taken two years for Apple to surpass its record closing price of $133 in February 2015, despite briefly breaking above that level during intraday trading at $134.54 in April of that […]
The official, who spoke on condition of anonymity because the group had not officially made the change public, said that Mr. Sinwar would appear publicly in the next few days to cement his political ascendance. Continue reading the main story Mr. Sinwar’s rise indicates the growing power of Hamas’s hawkish military wing, according to analysts. Mr. Sinwar is slated to replace Ismail Haniya, a leader associated with […]
13 February 2017 Full year revenues stood at AED 173.8 million (2015: AED 178.2 million) Group losses reduced by 30% year on year as firm continues with stringent cost control and gears up for 2017 long term strategy implementation Real Estate Investment Management and Investment Banking business lines recorded systematic increase in profits Turnaround of the Group’s operations expected during 2017 Advertisement SHUAA Capital today reports results […]
The merger of the National Bank of Abu Dhabi and First Gulf Bank will be official from April 1, with shares in the new company trading from the next day, it was announced on Monday. The Abu Dhabi Securities Exchange said that it had completed the procedures for the unification of the records of the stakeholders in both banks, state news agency WAM reported. The indicative market […]
The highly anticipated Samsung Galaxy S8 and S8 Plus are not official yet, but Samsung India has already launched what looks like a support page for the larger smartphone. Samsung had a bit of a mixed year in 2016, tasting both success and failure with its flagships. While the Galaxy S7 and Galaxy S7 edge proved popular and raised plenty of interest, the Galaxy Note 7 was […]
February 13, 2017 by: Anjli Raval, Oil and Gas Correspondent Steep Opec production cuts could ease an oil market surplus quicker than expected in 2017, the oil cartel signalled in its first output assessment since a deal to curb supplies and bolster prices came into effect. After more than two years of allowing market forces to balance supply and demand, Opec in November agreed to again influence […]
TEHRAN — European governments are protesting Iran’s treatment of an Iranian-born scientist, now a resident of Sweden, who was arrested last year in Iran and who could now face the death penalty. The scientist, Ahmadreza Djalali, a physician who specializes in disaster medicine and has taught at universities in Belgium, Italy and Sweden, was arrested in April while driving to his family’s house after arriving in Iran […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Major Garrett of CBS News is rising to the defense of the extravaganza that is the White House Correspondents’ Association Dinner — and he is nearly convincing. Garrett is a very good, no B.S. reporter who adeptly made the print-to-TV […]
By Angus McDowall | ALEPPO, Syria ALEPPO, Syria In the rubble-strewn square outside Aleppo’s ancient citadel and under the scorched vaults of its covered souk, workmen are starting to mend the destruction of a war that has shattered the Syrian city’s priceless historical heritage. About 20 volunteers sorted through the debris in Khan al-Gumruk, one of the souk’s great medieval inns, piling up the stones from a […]
GAZA CITY, PALESTINIAN TERRITORIES : Palestinian Islamist movement Hamas elected a hard-line member of its armed wing as its new Gaza head Monday, Hamas officials said.“Yahya Sinwar was elected to head the Hamas political office in the Gaza Strip,” succeeding Ismail Haniya, the officials said.The movement, which has controlled the Gaza Strip for a decade, has been conducting internal elections for several months. Source
|By Matein Khalid| The US Dollar Index has now fallen 3.5% since it peaked on January 3. Donald Trump and his White House aides broke the 20 year taboo against speaking out against the “strong dollar” policy platitudes. The Federal Reserve did not raise interest rates and signaled no rate hike is imminent at the March FOMC. It is significant that the US dollar has fallen against […]
DUBAI// Schools are likely to face higher operating costs, lower profit margins and a scramble for the best teachers, according to education experts. An extra 175,000 school places are expected to be created in the UAE by 2020, 90 per cent of which will be in the private sector. The findings from the PwC Middle East published Understanding the GCC Education Sector, Country Profile: UAE report, states […]
Jeb Hensarling did not hold back last week, when asked on CNBC about the flaws of Dodd-Frank. “It clogs the arteries of capitalism in our system. It hurts working people. It hurts consumers. It needs to go,” said the chair of the House Financial Services Committee, about the signature piece of financial regulation of the Obama era. “You can’t get a healthy economy as long as you […]
Photo The Jewish settlement Ma’ale Adumim, in the West Bank. Credit Dan Balilty for The New York Times WASHINGTON — President Trump, who presented himself as a staunch supporter of Israel during last year’s campaign, took a harder line on settlements in an interview published on Friday and indicated that he was rethinking his promise to move the United States Embassy to Jerusalem. Mr. Trump told an […]
