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|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 […]

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 […]

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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. […]

US plane maker Boeing on Tuesday announced that Etihad Airways has signed a four-year contract to introduce the Boeing Wind Updates solution into its operations. The optimisation tool from Boeing will increase efficiency and reduce fuel consumption across the airline’s global operations. It added that more current and accurate weather data allows for more effective use of modern aircraft capabilities and is expected to reduce fuel consumption […]

MANILA The Philippine police have sacked nearly 100 policemen since the start of the year because they were found to be drug users, a top official said on Saturday, in a clean-up of the ranks after President Rodrigo Duterte halted police anti-drug operations. More than 7,700 people have been killed since Duterte unleashed his bloody war on drugs seven months ago, about 2,500 in police operations, while […]

Nordea, the Nordic bank, has banned its fund managers from investing in the companies constructing the $3.7bn Dakota Access oil pipeline, just weeks after Donald Trump, the US president, decided to push forward with the controversial project. The bank’s fund management division will no longer invest in Energy Transfer Partners(ETP), the main company that oversees the disputed project, amid concerns about the environmental and reputational risks of […]

Angels: OPEN Maybe they’re kidding themselves, but the Angels haven’t acted like a team in retreat. With Albert Pujols still slugging and Mike Trout still sublime, they have quietly improved the lineup with Danny Espinosa, Cameron Maybin and Luis Valbuena, players whose defense should prop up a shaky pitching staff. It’s a long shot, but with Trout in his prime and few top prospects coming, the Angels […]

Six Construct has announced the completion of the Gabbro Terminal expansion project in Mesaieed for Qatar Primary Materials company (QPMC). The work has doubled the capacity of the terminal by replacing the current operation system (4,000 daily rotations) with a conveyor system, which will help boost the terminal’s annual turnover to 30 million tons of aggregate, the company said in a statement. To support the new supply […]

Mr. Mattis defended the decision to put a spotlight on Iran’s behavior, saying that it was important to make Iran recognize that “it is getting the attention of a lot of people.” Continue reading the main story But Mr. Mattis said that the United States did not need to deploy additional military resources to signal its concern. “Right now, I do not think that is necessary,” he […]

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