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Middle East

21 January 2017 Dubai – LABTEC LLC, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie LLC – a subsidiary of Dubai Investments PJSC, has won projects worth AED 11 million in the UAE and Eritrea to supply and installation of laboratory furniture and fire-rated doors. The new projects won by LABTEC include an AED 6.6 million contract for […]

“We will spend what we need to spend to get this job done,” former prime minister Tony Abbott declared in March 2014, shortly after the multi-country effort to find recently downed Malaysia Airlines flight MH370. When do you give up on a mystery? The torturous MH370 question Anguish in Beijing as relatives learn MH370 has gone missing on March 9, 2014. Photo: Feng Li/Getty Danica Weeks, whose […]

January 22, 2017 by: George Parker, Political Editor Theresa May will urge Donald Trump not to undermine European unity when she meets him in Washington within days, insisting that Britain sees a strong EU as a crucial partner on both economic and security issues. The White House announced on Saturday that Mrs May would meet with Mr Trump on Friday, making her the first foreign leader to […]

The head of Dubai’s Roads and Transport Authority (RTA) has inaugurated its new smart rental service, described as the first of its kind in the Middle East. The service enables customers, especially public transport users, to rent cars for short periods not exceeding six hours via smart apps. The RTA said it has contracted with U drive and ekar to operate 200 vehicles (100 each) at a […]

If you thought Facebook founder and CEO Mark Zuckerberg has an innately charming persona — simply by looking at his posts on Facebook — then you might be surprised to know that there’s a science behind that appeal. Yes, even the founder of the most popular social networking site needs professional help in keeping his Facebook profile squeaky clean. Zuckerberg is making sure his social media presence is […]

​Beware the delusions of an aggravated man. Of all the fantasies perpetrated in Donald Trump’s joyless rant of an inaugural speech, none was more preposterous than the self-casting of the man in the golden elevator as Defender of the People. The president’s crusade for Joe and Jane Sixpack will commence with an immense tax cut for the rich and, should Family Sixpack have any pre-existing health problems […]

Dubai Chamber of Commerce and Industry saw its network of members grow by 9 percent, or 16,800 companies in 2016, bringing the organisation’s total membership to 201,000 by the end of the year. The increase strengthens the Chamber’s position as one of the largest membership-based chambers of commerce in the world, it said in a statement. It said the total value of members’ exports and re-exports amounted […]

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21 January 2017 Abu Dhabi, UAE: Middle East Sulphur 2017, a new conference held from February 12-16, will highlight the ever-growing value of the commodity regionally and beyond. Often viewed as a by-product of the oil and gas industries, sulphur is now coming to the fore as its versatility and potential is realised by business leaders around the world. Sulphur is also the primary source in producing sulphuric […]

Almost 40 years ago, German audio specialist Sennheiser set its engineers an ambitious task: to create the world’s best headphones, irrespective of cost. By 1991, the task was complete and the legendary Orpheus HE90 launched for sale with a price tag of $16,000 – about $28,000 in today’s currency. Fast-forward two decades, and Sennheiser has done it again. Its updated version of the HE90, the Orpheus HE1, […]

There was a noticeable political subtext to the recent London Fashion Week Men’s programme, where many of the designers used their collections to comment on current international problems and controversies. One of those ­embracing a ­sociopolitical theme was Sharjah-born Khalid Al Qasimi, whose collection was inspired by John Lennon’s “Bed-In” protest in an Amsterdam Hotel in 1969. While that concept seemed a long way from topical issues […]

Europe’s most prominent rightwing politicians came together in a rare show of unity in the German city of Koblenz, predicting that the same forces unleashed by US President Donald Trump would sweep them to power throughout western Europe in an insurrectionary “patriotic spring”. Speaking just hours after Mr Trump was inaugurated in Washington, party leaders said Europe was about to experience the same kind of political earthquake […]

· Global security and fire safety leader to showcase solutions from recently-acquired Xtralis, a pioneer in early fire and intrusion detection technologies · Honeywell to host seminars and workshops for industry stakeholders, experts to discuss market trends, latest technologies and regional best practice 21 January 2017 Dubai, United Arab Emirates – In response to growing demand for smarter, more connected security systems across the Middle East, Honeywell (NYSE: HON) will […]

While the year ahead could prove to be a bumpy one for global financial markets amid ongoing political and policy risks, there is reason for optimism over the outlook for stocks in the Middle East and North Africa (MENA) region. Compared to 2016, a number of structural tailwinds should give investors greater confidence in MENA’s fundamentals. The implementation of major fiscal and capital market reform throughout the […]

Alcoholism, like smoking, is considered a stepping stone to many diseases. A new study is now talking about the damaging effects of alcohol consumption on adolescents. It says heavy use of alcohol during adolescence will change the electrical activity in the brain. Precisely, those changes affect cortical excitability and functional connectivity of the brain, according to the study by researchers at University of Eastern Finland and Kuopio University […]

A powerful bomb blast on Saturday in a busy market of a remote Pakistani region near the Afghan border killed at least 21 people and injuring more than 40 others. The bomb was placed in a box of vegetables in a market at Parachinar city and exploded during the early morning rush hour. Responsibility for the attack was claimed by the Pakistan Talibaan and Lashkar-e-Jhangvi [LeJ], a […]

By Noel Randewich | SAN FRANCISCO SAN FRANCISCO U.S. President Donald Trump’s administration is only hours old, but already a small parade of S&P 500 companies’ chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday’s inauguration, senior executives from Morgan Stanley (MS.N), Delta Air Lines (DAL.N) and other major U.S. corporations said the […]

Apple has filed a $1bn lawsuit against Qualcomm accusing the chipmaker of abusing a monopoly position, after the US and South Korean regulators argued it exploited its market dominance at the expense of handset makers. Shares in Qualcomm fell 2.4 per cent to $62.88 just before the markets closed on Friday when the lawsuit was published. This is the first direct challenge by one of Qualcomm’s major […]

In 2015, Malian businessman and former interim prime minister Cheick Modibo Diarra told Arabian Business: “When it comes to investment…Africa really is the last frontier. Be it agriculture, energy production, extraction of gold and diamonds, or oil and gas, we have a lot of opportunities and a young workforce that understands how business works.” He was speaking at a time when interest in Africa among Middle East […]

There is no doubt that 2016 was a milestone year for utility-scale solar in the Middle East. The UAE set – and then reset – the benchmark for low-cost solar electricity; Saudi Arabia made its highest level commitment to investing in solar; and Jordan commissioned its largest utility-scale solar power plant and announced plans to tender a new round of projects. In fact, these three countries alone […]

RAS AL KHAIMAH, 20 January 2017  Excitement filled Rixos Bab Al Bahr as Ras Al Khaimah Free Trade Zone (RAK FTZ) and Ras Al Khaimah Investment Authority (RAKIA) announced the winners of the first joint RAK Free Zones Business Excellence Awards on 19 January 2017. The much-awaited awards programme lauded 10 outstanding companies that displayed relentless commitment to organisational excellence and contributed immensely to strengthening Ras Al […]

President Trump’s brief inaugural speech was a declaration of war against the entirety of the American Ruling Establishment. All of it. As Paul Craig Roberts details, Trump made it abundantly clear that Americans’ enemies are right here at home: globalists, neoliberal economists, neoconservatives and other unilateralists accustomed to imposing the US on the world and involving us in endless and expensive wars, politicians who serve the Ruling […]

Donald Trump launched a promised assault on “burdens” imposed by government within hours of becoming US president on Friday by moving to loosen rules tied to Obamacare and halting the introduction of any new regulations. Between the end of the daytime inaugural parade and the start of evening balls, the Trump administration took its first major policy moves by ordering government agencies to do all they could […]

BEIRUT: Daesh is fighting hard to reinforce its presence in Syria as it loses ground in Iraq, deploying fighters to seize full control of a government-held city in the east while at the same time battling enemies on three other fronts.It underlines the residual strength of Daesh even after its loss of a cluster of cities in Iraq and half of Mosul, and points up the challenges […]

By Nate Raymond and Ju-min Park | NEW YORK/SEOUL NEW YORK/SEOUL The U.S. government has asked South Korea to arrest a brother of former U.N. Secretary-General Ban Ki-moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. During a court hearing in federal court in Manhattan, Assistant U.S. Attorney Daniel Noble […]

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