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Israeli government ministers gave a green light on Sunday evening to a bill that would retroactively legalise Jewish outpost settlements in the occupied West Bank which, if approved by the Knesset, would likely bring international criticism and anger the Palestinians. The ministerial committee for legislation approved the draft legislation unanimously, despite opposition from Benjamin Netanyahu, prime minister. Avichai Mendelblit, attorney general, told ministers that the bill contradicted […]

In the process of answering the question as to what sort of president Donald Trump will be, his two first administration appointments offer an initial answer. As a political newcomer, Mr Trump has promised to “drain the swamp” of Washington, ridding the capital of political cronyism and corruption, and taking a fresh approach to governing, with a new coterie of people. Yet he has also suggested that […]

|By Arabian Post Staff| David Lawrence Haigh, former British deputy chief executive and legal consultant of GFH Capital Limited, whom Dubai Police had arrested in May 2014 on charges of treason and breach of trust, has been ordered to pay amounts of AED8.7 million, 2.03 million pounds and $50,000 for dishonesty and misappropriation of money. Haigh was one of the men behind GFH’s purchase of Leeds from […]

Photo Members from the Free Syrian Army take part in a battle in northern Syria last month against Islamic State fighters. Credit Nazeer Al-Khatib/Agence France-Presse — Getty Images BEIRUT, Lebanon — The hours are ticking down to what the Syrian government and its main ally, Russia, say could be the most devastating aerial assault yet on besieged rebel-held districts in the Syrian city of Aleppo. The Obama […]

RIYADH: Foreign ministers from the six-nation Gulf Cooperation Council (GCC) will this week hold a meeting to draw up the agenda for a summit to be attended by the heads of GCC countries early next month in Bahrain. Collective security, military affairs, regional conflicts and common market as well as falling oil prices will make the agenda of the ministerial meeting.This GCC ministerial meeting, the first after […]

|By Arabian Post Staff|The online shopping experience in the Middle East will forever be changed with the launch of Noon in January. The region’s largest-ever ecommerce company, Noon will be a driver of innovation which will offer a vast product selection and fast delivery across all categories. With an initial investment of US$1 billion, Noon will launch in the UAE and KSA markets and will soon cover […]

Financial professionals arriving at their desks on Monday morning will have no shortage of views to digest on what the shock election of Donald Trump means for global markets. Having had a few days to consider the implications, economists, market strategists and analysts have penned thousands of words for clients in recent days that attempt to set out what the future holds. As Jan Loeys and his […]

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The Economic Wreckage The destruction in Yemen could cripple its economy long into the future, and it is unclear how the country will rebuild. Continue reading the main story “They have hit many factories on the basis of suspicion, but we never get the real reasons,” said Abdul-Hakeem Al Manj, a lawyer at the Sana Chamber of Commerce and Industry who is helping businesses document the strikes […]

Moldova has elected as president a pro-Russian politician who has threatened to derail co-operation with the EU, in another setback for Brussels in eastern Europe. Igor Dodon, whose campaign called for closer ties with Moscow, had won 55.4 per cent of the vote with over 96 per cent of ballots counted, according to Moldova’s election commission. Mr Dodon’s election as head of state could strengthen Moscow’s hand […]

newslide Abu Dhabi Choral revue Attend the opening-night performance of ADCG: It Lives In You. Abu Dhabi Choral Group presents an autumn revue celebrating 40 years of entertaining audiences in the city, which includes musical memories from previous shows the group has staged, including South Pacific, Beauty and the Beast, and songs that celebrate musical theatre. • Tonight, Thursday and Friday, 7.30pm, from Dh90, Abu Dhabi Folklore […]

Donald Trump and top allies have shown signs the New York billionaire may moderate some of his biggest campaign promises, while digging his heels in on others. In the wake of Mr Trump’s stunning electoral win last week, both political analysts and financial investors are waiting to see which of the two Donald Trumps will prevail: the bombastic primary candidate, or a pragmatist who viewed his more […]

Iraqi forces say they have recaptured Nimrud, the site of an ancient Assyrian city seized by jihadi militants when they swept through northern Iraq in 2014. “Troops from the Ninth Armoured Division liberated Nimrud town completely and raised the Iraqi flag above its buildings,” the Iraqi army said in a statement on Sunday. Modern day Nimrud is about 1km west of the remnants of the 3,000-year-old city, […]

Photo Members of the Iraqi police tried to pull a body from a mass grave discovered in Hamam al-Alil on Monday. Credit Ahmad Al-Rubaye/Agence France-Presse — Getty Images GENEVA — Islamic State militants have summarily killed scores of civilians in the Iraqi city of Mosul in recent days, sometimes using children as executioners, and have used chemical agents against Iraqi and Kurdish troops, United Nations officials said […]

Riyadh, Saudi Arabia; November 10, 2016  Consumer confidence in Kingdom of Saudi Arabia (KSA) falls at the optimism baseline as the index decreased by four points from the previous quarter, according to the latest consumer confidence report from Nielsen. The Nielsen Global Survey of Consumer Confidence and Spending Intentions recorded a Consumer Confidence Index of 100 for KSA in Q3 2016, down from 104 in Q2 2016. […]

Nearly 25 years after they first conquered the White House and captured the commanding heights of the Democratic party, the Clinton family crashed to earth on Wednesday, shattering the ambitions of Hillary Clinton and her clan of fiercely loyal operatives. But as they come to terms with their rout some Democrats see a glimmer of hope, and a badly needed chance to rebuild a party that can […]

|By Arabian Post Staff| China Construction Bank today marked the listing of a $600 million bond on Nasdaq Dubai under the bank’s six billion US dollar Medium Term Note Programme. Yuan Shengrui, Senior Executive Officer of the DIFC branch of China Construction Bank (CCB), rang the market-opening bell to celebrate the listing. CCB is one of China’s most prominent banks with a market capitalisation of 173.3 billion […]

Photo An Egyptian street vendor in Cairo on Friday. The country is struggling with soaring inflation and shortages of staple foods. Credit Amr Nabil/Associated Press CAIRO — The International Monetary Fund approved a $12 billion loan for Egypt on Friday, in a move intended to stave off economic collapse in the Arab world’s most populous nation as it grapples with a plunging currency, soaring inflation and shortages […]

GAZA: Days after the 12th anniversary of the death of Yasser Arafat, Palestinian leaders descended into new recriminations over who may have been involved in the demise of the former president.Coming two weeks before a meeting that is expected to overhaul the leadership of Fatah, the party of Arafat and President Mahmoud Abbas, the accusations underscore a growing animosity that threatens the movement’s stability.Speaking at a memorial […]

MOSUL/BAGHDAD: Elite Iraqi forces were engaged in “intense” fighting with rebels in eastern Mosul on Saturday, an officer said, as civilians gathered on the city’s outskirts to flee. The special forces backed by US and Iraqi air power took control of two districts of eastern Mosul after heavy fighting in which they destroyed nine cars deployed by ISIS as suicide bombs, the military said.The military statement said […]

BEIRUT/MOSCOW/ANKARA: Backed by huge Russian support, the Syrian army captured the Dahiyet Assad district of western Aleppo on Saturday, reversing all the gains made by rebels two weeks into their counter-attack against government-held areas, a war monitor and rebel official said. In a related development, a flotilla of Russian warships is ready in the eastern Mediterranean off the Syrian coast after being sent to reinforce Russia’s military […]

MOSCOW: The Russian Defense Ministry said on Saturday it would need the UN mission in Syria to formally confirm its ability to deliver aid to eastern Aleppo before Moscow agreed to any new humanitarian pauses in fighting in the shattered Syrian city.Moscow says previous temporary cease-fires on the ground, to allow aid deliveries and the evacuation of the wounded and civilians, have come to nothing because rebels […]

NEW YORK: Iran’s repeated intervention in the internal affairs of Arab countries has come under severe criticism in a letter delivered to the UN General Assembly. In their letter to UN General Assembly President Peter Thomson, 11 countries, including Saudi Arabia, UAE, Bahrain, Egypt, Jordan, Kuwait, Morocco, Oman, Qatar, Sudan and Yemen, also condemned Iran’s sponsoring of terrorism in the region — particularly in Yemen — where […]

Leading Dubai businessman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund (PIF) are teaming up to launch a Middle Eastern e-commerce platform. Investors are initially contributing $1 billion to the project, which will be 50 percent owned by the Saudi sovereign wealth fund, Alabbar told a news conference. The other 50 percent will be owned by Alabbar and other regional investors. Noon.com will launch operations in Saudi […]

Even as global markets churned in the wake of Donald Trump’s stunning election win, the US Federal Reserve appeared to be sticking to its guns on monetary policy on Friday as one of its top officials laid the ground for a second increase in short-term interest rates. Stanley Fischer, vice-chair of the Federal Reserve Board, said in a speech that the case for gradually removing some more […]

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