President Barack Obama’s vow to retaliate against Russia’s alleged interference in the American election raises the prospect that he will impose new sanctions or conduct some form of cyber operations against Russia before he leaves office on January 20. Under pressure from many Democrats for not having done more to push back and deter Russia during the election campaign, the White House is now preparing a new […]
AED 141 million project featuring 272 studio units and 72 1-BR apartments to be completed in 2019 December 15, 2016 Sweet Homes Group, one of the UAE’s premier property Master Developer, has revealed the launch of the company’s first hotel apartment project in Ajman. The announcement was made during the company’s participation in the Ajman Real Estate Conference 1, an event organized by the Real Estate Regulatory […]
If there was a way to end the year on a bright note for as many businesses as possible, a deal to cut oil production was probably the most likely news to hit the spot. Of course, there will be some sectors not sharing in the joy – those that rely heavily on oil to fuel, such as aviation, manufacturing and agriculture, may be dreading increased costs. […]
The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]
Washington has protested to Beijing over a US Navy underwater drone being seized by the Chinese navy in the South China Sea, marking a sharp escalation in already rising tensions between the two countries. China claims sovereignty up to the ‘Nine-dash’ line A US defence official said the device was grabbed as it was being operated by the USNS Bowditch, a survey vessel. The Obama administration issued […]
Real estate investment made easy as 1,2,3; lucrative rental yields await investors Dubai, United Arab Emirates – 15 December 2016 DAMAC Properties, one of the leading luxury real estate developers in the region, today announced the launch of MOD, a collection of townhouses in the heart of international golf community AKOYA Oxygen. The homes in this community, with a contemporary expression of luxury, are priced to be […]
Despite economic uncertainty, almost two thirds of family businesses in the Middle East have grown over the past year, according to a new survey conducted by PwC. The poll showed that while the region’s family businesses continue to be active and successful, the changing political and economic environment is affecting both their current performance and their growth expectations. Respondents to the PwC survey said that the three […]
General Motors seems determined not to get sidelined by the recent flurry of announcements in the self-driving car category such as those issued by Waymo and Uber. GM’s Chairman and CEO Mary Barra presided a rare press conference last Dec. 15 to declare that GM’s autonomous vehicle called Chevrolet Bolt is now prowling the streets of southeast Michigan. Fleet of self-driving Bolts have already been unleashed in San Francisco […]
Russia said the evacuation of thousands of people trapped for months in the last rebel foothold of Aleppo was finished on Friday, hours after a series of blasts halted the operation. “The Syrian army operation to liberate the militant-controlled eastern districts of Aleppo is complete,” the Russian defence ministry said. “Syrian government forces are liquidating isolated pockets of resistance by radicals.” An agreement for rebels to withdraw […]
The hard-right views of David M. Friedman, a bankruptcy lawyer who is President-elect Donald J. Trump’s choice as the next ambassador to Israel, have drawn polarized responses in Israel and the United States. Mr. Friedman, who has represented Mr. Trump in matters involving Atlantic City casinos, has no diplomatic experience. He has long espoused hard-right, pro-Israel views that are often at odds with decades of United States […]
Authored by Carl Bildt, originally posted at Project Syndicate, In August 2015, I tweeted that if Donald Trump were to be elected President of the United States, we would have to “head for the bunkers.” A Trump presidency was considered highly unlikely back then; but here we are. And while heading for the bunkers might not be the most appropriate response (yet), where we are is undoubtedly […]
By Andrew Osborn and Nick Tattersall | MOSCOW/ISTANBUL MOSCOW/ISTANBUL President Vladimir Putin said he and his Turkish counterpart Tayyip Erdogan are working to organise a new series of Syrian peace talks without the involvement of the United States or the United Nations. In a snub to Washington, Putin made clear on Friday that the initiative was the sole preserve of Moscow and Turkey and that the peace […]
An obscure clash involving a 28-year-old tattoo artist, the Osaka police and an ambiguous century-old medical law has spiralled into a landmark constitutional battle to save an entire industry from oblivion. The showdown in Japan follows the decision of the Osaka police to hit the local tattooing industry with the physicians’ law — a legal framework laid down in the 19th century that technically means only a […]
Photo A member of the Syrian government forces watched the evacuation operation of rebel fighters and civilians from Aleppo on Friday. Credit George Ourfalian/Agence France-Presse — Getty Images BEIRUT, Lebanon — The process of evacuating residents from the last rebel-held section of Aleppo broke down on Friday, a day after Syrian government buses and ambulances began taking residents out of the besieged area. The reason for halting […]
The Abu Dhabi Childhood Obesity taskforce has announced the launch and immediate implementation of a comprehensive plan to address the growing health issue in the emirate. The plan which focuses on six key categories, is a result of a cross-sector evaluation that assessed existing efforts to fight childhood obesity, challenges and opportunities, in addition to benchmarking against World Health Organisation recommendations, news agency WAM reported. The focus […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices were stable on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut. But since any production cuts will only hit markets early next year and Iraq is still raising sales to Asia, analysts at Goldman Sachs said that the price […]
Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]
CAIRO: Traces of explosives have been found on victims’ remains from an EgyptAir plane that crashed into the Mediterranean in May killing all 66 people on board, Egypt’s Aviation Ministry said Thursday.An official investigative committee which made the discovery has referred the case to Egypt’s state prosecution, it added in a statement.Under Egyptian law, the prosecution takes over “if it becomes clear to the investigative committee that […]
Investors have piled into Russian equity and bond funds over the past week as oil prices have rallied and President-elect Donald Trump named an oil executive with close ties to Vladimir Putin as US secretary of state. Russian stock funds recorded inflows of $451m in the week to December 14, the biggest weekly haul since the first quarter of 2011, according to EPFR. Mutual funds and exchange […]
CAIRO — Egypt said Thursday that explosive traces had been detected on the bodies of passengers retrieved from EgyptAir Flight 804, which plunged into the Mediterranean Sea in May and killed all 66 people on board. The announcement by the Civil Aviation Ministry offers the strongest suggestion yet that a bomb might have felled the airliner as it flew to Cairo from Paris. Previously, officials had focused […]
Latest asset of Abu Dhabi’s cruise tourism sector set to change face of ‘winter sun’ tourism in Abu Dhabi Abu Dhabi-UAE: December 15, 2016 Under the patronage of His Highness Sheikh Hamdan Bin Zayed Al Nahyan, Ruler’s Representative in the Western Region, Abu Dhabi Ports today has officially opened Sir Bani Yas Cruise Beach, offering cruise ship passengers a new beach destination with unmatched tourism experiences. […]
By Joseph Menn The U.S. agency charged with ensuring that voting machines meet security standards was itself penetrated by a hacker after the November elections, according to a security firm working with law enforcement on the matter. The security firm, Recorded Future, was monitoring underground electronic markets where hackers buy and sell wares and discovered someone offering log-on credentials for access to computers at the U.S. Election […]
LONDON // Doctors have declared that infertility caused by treatment for inherited blood disorders affecting thousands of Gulf Arabs may at last be wiped out. In a medical breakthrough, Emirati Moaza Al Matrooshi, a 24-year-old from Dubai who was born with the fatal blood condition thalassaemia, this week became the first patient to give birth to a healthy baby after herself being cured of the disease. Thanks […]
To understand Arabs and their culture, one must first understand their language, but with many conflicting theories about its origins, this is no easy task. To celebrate a language used by hundreds of millions of people around the world, December 18 is the designated UN Arabic Language Day. The day was established by the UN Educational, Scientific and Cultural Organisation (Unesco) in 2010 to “celebrate multilingualism […]
