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Dubai, 26 January 2017  Dentons advised Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, on its inaugural issuance of US$150 million trust certificates (Sukuk) due 2020, which completed on 24 January 2017. In addition to being AFC’s maiden Sukuk issuance, the transaction represented the first Sukuk to be issued by an African supranational entity. The Sukuk were offered to international investors […]

January 28, 2017 by: Hannah Kuchler in San Francisco and agencies Donald Trump has signed an executive order that will limit immigration and refugees from some Muslim-majority countries, fulfilling a campaign-trail promise to introduce what he dubbed “extreme vetting.” He criticised state department policy for allowing the 9/11 terrorists to obtain visas. “I’m establishing new vetting measures to keep radical Islamic terrorists out of the United States […]

This year’s result­s highli­ght the connec­tion betwee­n corrup­tion and inequa­lity The writer served as Executive Editor of The Express Tribune from 2009 to 2014 Revelations of tax-evasion and money-laundering networks on a global scale in the so-called Panama Papers helped make the world appear more corrupt last year, according to graft watchdog Transparency International. The Berlin-based organisation said there were more falling scores than rising ones on […]

Appointment of Discover The World Germany as representative to highlight strong sales pitch by the Middle East’s leading Destination Management Company at ITB Berlin Dubai, United Arab Emirates 26 January, 2017: Desert Adventures, part of the Kuoni Destination Management Specialists division, has set its sights on attracting more guests and getting a lion’s share from the German-speaking market with the appointment of Discover The World-Germany as its representative. […]

Mark Zuckerberg, Facebook founder, has become one of the first chief executives to openly challenge President Donald Trump, criticising an executive order that pledges “extreme vetting” of immigrants and a ban on Syrian refugees. Responding to the order on Facebook, Mr Zuckerberg wrote that the US should be proud to be a nation of immigrants and focus on excluding only people who actually pose a threat. He […]

The value of the GCC’s healthcare market has grown steadily in recent years and there is little sign that any slowdown is on the horizon. The industry is forecast to be worth $71.3bn by 2020, according to Alpen Capital. The investment bank expects the GCC healthcare sector to record 12.1 percent compound annual growth rate (CAGR) between 2015 and 2020, after 10.3 percent CAGR between 2008 and […]

In The Art of the Deal, Donald Trump described hyperbole as an “innocent form of exaggeration” that was a “very effective form of promotion”. In an interview with ABC News on Wednesday, the US president stretched this definition to the limit with his claim that he would make relations with Mexico “better than ever”, despite his demand that the country pays billions of dollars for a border […]

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But in interviews with dozens of officials, analysts and ordinary citizens across Muslim-majority countries, there was overwhelming agreement that the order issued Friday signaled a provocation: a sign that the American president sees Islam itself as the problem. Continue reading the main story “I think this is going to alienate the whole Muslim world,” said Mouwafak al-Rubaie, a lawmaker and former Iraqi national security adviser in Iraq. […]

JEDDAH: Houthi militias in Yemen are exploiting businesses, levying inflated fees, and using bank profits to finance war expenses, the war-torn country’s prime minister has said. Ahmed Obeid bin Daghr said Houthi militias and rebels regrettably still control YER300 billion generated from areas including customs, trade, telecoms, cigarette sales and cement factories.In a statement to the official Yemeni Press Agency, the country’s prime minister accused the Houthis […]

Snap, the owner of Snapchat, will publish its initial public offering filing late next week, kick-starting the largest US technology IPO of recent years, according to people familiar with the process. The company, famous for its disappearing snaps and shortlived photo stories, confidentially filed its IPO documents with the US Securities and Exchange Commission late last year, the people said, in the hope of listing as early […]

(The 19 hijackers implicated in the Sept. 11, 2001, terrorist attack came from Egypt, Lebanon, Saudi Arabia and the United Arab Emirates. None of those countries will be subject to what Mr. Trump described as “new vetting measures.”) Continue reading the main story During the 90-day period, the Trump administration will assess if the foreign governments on the list are providing enough information about citizens seeking visas […]

Dubai, UAE, 26 January 2017  Al Fajer Emergency Medical Services (Al Fajer EMS), the UAE’s first non-hospital training centre for medical professionals accredited by the American Heart Association, is participating at the upcoming Arab Health 2017 exhibition which will be held from January 30 to February 2, 2017 at the Dubai International Convention and Exhibition Centre. Al Fajer EMS has partnered with the global leader in the design and […]

The massively popular action game Dark Souls III released an announcement trailer of its latest downloadable content, The Ringed City, coming this spring. True to its character, the trailer promises to bring more gratifying action gameplay and epic story experience that will make players answer the call of battle once more. Developed by Japanese studio From Software and published by Bandai Namco, the latest — and final — chapter in […]

The Mexican peso rallied on Friday after Donald Trump and Enrique Peña Nieto spoke for an hour by telephone, a day after the Mexican president cancelled his planned summit with the US president over his plans for a border wall. “The presidents had a constructive and productive conversation regarding the bilateral relationship between both countries, including the issue of the US trade deficit with Mexico, the importance […]

Video Bana al-Abed Pens Letter on Syrian Refugees to Trump Bana al-Abed, a 7-year-old Syrian girl whose Twitter account helped bring the world’s attention to the plight of citizens in besieged Aleppo, asked President Donald J. Trump to provide aide for Syrian refugees. By MEGAN SPECIA on Publish Date January 26, 2017. Photo by Twitter/AlabedBana. Watch in Times Video » “You must do something for the children […]

Baghdad, Iraq; January 26, 2017 GE has further strengthened its collaborations in Iraq to support the country’s power infrastructure, and to meet the growing need for electricity from people and industry. GE signed agreements that will add over 2 gigawatts (GW) of power, and secure the delivery of ~1.75 GW of existing power to the national grid, to strengthen the nation’s power infrastructure. GE will set up […]

Why Chittorgarh? The city, located in the windswept Mewar, in eastern Rajasthan, is steeped in the romance of Rajput history, which reverberates with tales of chivalry and tragedy. It was attacked three times by powerful enemies and each time, while the men rode out to battle, its courageous women and children chose death before dishonour, performing self-immolation. Built in the 7th century AD, Chittorgarh has the largest […]

Donald Trump will wade into the most contentious foreign policy issue of his tumultuous young presidency on Saturday, when he speaks to Russian President Vladimir Putin as he considers whether to lift Obama-era sanctions against the Kremlin. The call to Mr Putin, scheduled the same day as Mr Trump’s first White House calls with the leaders of Germany and France, will be his first chance to make […]

By Thomas Escritt | THE HAGUE THE HAGUE African countries are considering a co-ordinated withdrawal from the International Criminal Court if it is not reformed to address what they see as its bias against the continent, according to a document seen by Reuters. Almost a third of the ICC’s 124 members are African, and a withdrawal by a large number of them would cripple a court that […]

Agreement allows healthcare organisations registered within the DHCA to operate inside the DIFC Partnership is in line with government’s wellbeing initiatives to broaden healthcare provision and access across the Emirate Move will continue to increase the international attractiveness and competitiveness of the DIFC community Dubai-UAE: 27 January 2017  Dubai International Financial Centre (DIFC) Authority, the entity overseeing the largest financial centre in the Middle East, Africa and […]

ABU DHABI // A group of 30 Harvard University students visited this country last week to learn about the country’s best practices in government innovation. The objective of the Emirates Leadership Initiative, funded by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was to help support capacity building of future Arab leaders. Every year, 10 Arabs, also […]

The cast of Top Gear are in Dubai this weekend and you can have a front-row seat to watch the action. Posters have been placed in buildings in Dubai Marina inviting residents to watch the cast and crew, featuring presenter and former Friends star, Matt LeBlanc, shoot scenes in the picturesque district. “Your waterfront community will be featured on an international show for the world to see. […]

Volkswagen’s former chief executive Martin Winterkorn is being investigated for fraud by German prosecutors who widened their probe into the company’s emissions cheating to include him and 15 additional people. This is the first time prosecutors have named Mr Winterkorn, who resigned days after the scandal became public in September 2015, in the criminal case relating to the creation, sale and concealment of the cheat software in […]

RABAT Moroccan authorities said on Friday they had arrested seven suspected militants linked to Islamic State and seized weapons and explosive belts. A statement from the interior ministry said the group had ties with commanders of the Sunni Islamist group in Syria, Iraq and Libya and had set up a hideout in the coastal town of El-Jadida. It said the Central Bureau of Judicial Investigation seized an […]

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