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A new wellness event aims to convince people to give up on ­unrealistic and unhealthy ­pursuits of happiness. The Happiness Festival – at the Dubai Polo and Equestrian Club on Friday, February 17 – was conceived by Fiona Barron and Saleem Ali. They are the founders of the Happiness Hub – an organisation that works with businesses to improve corporate wellness and employee engagement. The festival will […]

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 […]

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 […]

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 […]

Paraphrasing Garrison Keillor, it’s been a quiet week in the Apache Spark community – at least compared to last year, where the definitive Spark 2.0 was unveiled. Last week, Spark Summit pulled into Boston, and so did one of those nor’easters that make Boston so alluring in February. And so the Spark project, for now, is engaging in the blocking and tackling chores of cleaning up or […]

DuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of lawsuits involving a leak of a toxic chemical used to make Teflon, the companies said on Monday. Shares of Chemours jumped 13 percent. The company said it would pay half of the settlement, although liability for litigation connected with the chemical was passed onto it when DuPont spun it off in […]

|By Arabian Post Staff| Tesla founder Elon Musk described Dubai as a city of opportunity and achievements, and a beacon for tolerance and happiness, while announcing the launch of the company’s regional office. He was received by Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. .Shaikh Mohammad and Musk discussed the company’s activities around the world and its […]

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By Manolo Serapio Jr | MANILA MANILA A group of miners on Monday opposed the appointment of the Philippine environment minister saying her ordered closure of more than half of the country’s mines showed an “undeniable bias” against the sector. Regina Lopez, a former environmental activist appointed by President Rodrigo Duterte last June, is among a few cabinet members who have yet to be confirmed by Congress. […]

YANGON Myanmar is to investigate whether police have committed abuses against Rohingya Muslims, the government has said, after officials promised that allegations of atrocities against members of the Muslim minority would be looked into. The U.N. human rights office said in a report this month Myanmar’s security forces had committed mass killings and gang rapes of Rohingya Muslims and burned their villages since October in a campaign […]

China’s largest property developer Dalian Wanda Group has set its sights on banks in Europe, including Germany’s Postbank, as it diversifies away from its core real estate business. The Beijing-based group led by China’s richest man is actively looking at several European financial institutions, three people familiar with the matter said. Postbank — which has been put up for sale by Deutsche Bank — was among the […]

“Throughout the entire length of the battle for Aleppo, there have been multiple claims of violations of human rights and multiple denials,” said Eliot Higgins, a senior fellow at the Digital Forensic Research Lab of the Atlantic Council. Continue reading the main story “What we have been able to present now is a wealth of evidence confirming the targeting of civilian structures, namely hospitals, which in certain […]

Dubai, 12 February 2017 Emirates NBD (DFM: EmiratesNBD), a leading bank group in the region, held its tenth Annual General Meeting (AGM) at the Bank’s Headquarters. At the AGM, a review of the year ended 31st December 2016 was presented. Commenting on the business environment, Emirates NBD Chairman, His Highness Sheikh Ahmed Bin Saeed Al Maktoum, said, “The UAE continues to stand out as a resilient and […]

ANZ has announced the appointment Lynwen Connick as its new chief information security officer, who will leave her role as the first assistant secretary information sharing and intelligence at the Department of the Prime Minister and Cabinet in March to take up her new position. Connick, who replaces former CISO Steve Glynn, was previously responsible for advising Prime Minister Malcolm Turnbull on cyber policy, intelligence, and secure […]

The Nellis Air Force Base in Nevada was teeming with activity late last month, but it had nothing to do with testing alien technology, nuclear bombs, or any other conspiracy theory. This time, the U.S. Air Force focused on improving operations to achieve better results during warfare. The Air Force held a Red Flag 17-1 on Jan. 24 to test out its multi-domain operations, and made a […]

Soekarno Hatta International Airport, Tangerang, Banten, Indonesia. ANTARA/Widodo S. Jusuf TEMPO.CO, Jakarta – Soekarno-Hatta Airport Third Runway Project to Start in AprilState-owned operator PT Angkasa Pura II (Persero) plans to break ground on the third runway of Soekarno-Hatta International Airport in April. Angkasa Pura II president director Muhammad Awaluddin said that the runway of 3,000 m in length and 60 m in width will start operations in […]

BERLIN Volkswagen (VOWG_p.DE) said it has no plans to keep a large number of temporary workers on its books following a media report saying management at the carmaker’s VW brand would retain about 2,000 of them as labor leaders and executives wrestle over the company’s turnaround plan. Labor leaders at VW last week halted cooperation with top managers on issues such as overtime work and apprenticeships after […]

Egypt, 12 February 2017  Flight diversions due to inflight medical emergencies make up a tiny portion of the millions of flights operated annually, but it is costly for airlines. With more people traveling by air, the actual number of inflight medical events has been gradually increasing over the years. Emirates, the largest airline by international traffic, operates over 3,500 departures a week, or more than 194,000 flights […]

The latest retailer to join the “anti-Trump resistance“, is also the one which despite being closest to death managed to crush short sellers on Friday after its stock soared on the announcement of yet another hail ymary restructuring: according to Reuters, Sears and Kmart are discontinuing online sales of 31 Trump Home items. An obvious publicity stunt meant to distract the public’s attention from the company’s chronic […]

Published February 12, 2017, 10:01 PM By Mike U. Crismundo   Camp Bancasi, Butuan City – A barangay chairman and his wife, and a father and his son were abducted in separate incidents allegedly by members of New people’s Army (NPA) in Agusan del Sur and Compostela Valley (ComVal), Capt. Rhyan B. Batchar, spokesperson of the Army’s 10th Infantry (Agila) Division (10th ID) yesterday said. In a […]

PNC Menon is a busy man — it takes several months to lock an interview into his diary. But on the day of our meeting in Dubai, the Indian-born real estate developer exudes characteristic warmth and courtesy, refusing to allow Arabian Business to leave without a bowl of Middle Eastern halva and repeatedly asking whether we have enough milk in our tea. A long-term UAE resident and […]

12 February 2017 Dubai, United Arab Emirates – Marsh & McLennan Companies Inc. (NYSE: MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, is a strategic partner of the newly published 2017 Global Risks Report, an annual publication released by the World Economic Forum at Davos. This year’s 2017 Global Risks Report reveals that economic inequality, societal polarisation and intensifying […]

A day before Elon Musk, co-founder and CEO of Tesla, officially announces his company’s foray into the Middle East, social media is abuzz with the possible location for the American carmaker’s first showroom in the UAE. A billboard has sprung up on Khalifa Juma Al Nabooda’s building on Sheikh Zayed Road in Dubai – which earlier housed Porsche cars – indicating the showroom opening in “summer 2017”. […]

ERBIL, Iraq Western-backed Syrian forces should isolate Islamic State’s de facto capital in Syria “by the spring” before an offensive on the city itself, British Defence Secretary Michael Fallon said on Saturday. The Syrian Democratic Forces, which includes the powerful Syrian Kurdish YPG militia, launched the campaign on Raqqa in November. It announced this month the start of a new phase in the offensive, aiming to complete […]

TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion yen on a U.S. nuclear unit that came to light in late 2016. During the year-earlier period, Toshiba lost a similarly significant 479.4 billion yen. […]

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