An experimental Alzheimer’s medicine has flunked a large clinical trial, wiping more than $10bn off the market value of its developer Eli Lilly and dealing a significant setback to the hunt for a drug to delay the fatal disease. Investors and analysts had tipped the medicine, known as Solanezumab, or Sola, to be the first drug that could delay dementia in Alzheimer’s patients, after earlier studies appeared […]
The report comes as part of the Ministry’s contribution to UAE Innovation Week 2016 H.E. Noura Al Kaabi: We are always looking to draw lessons from our experiences; this report allows us to look back on our processes and plans and build on them to keep improving our electoral process moving forward Abu Dhabi, November 23, 2016 The Ministry of State for Federal National Council (FNC) […]
When Amna Al Hashemi was contemplating which dishes to add to the menu of her new restaurant, Mitts and Trays in Dubai’s City Walk Phase 2, she sat down, closed her eyes and tried to think of the dishes that evoked her happiest memories. If these dishes stirred up good memories for her, she surmised, then they’d do the same for her customers. Madras chicken curry was […]
November 22, 2016 by: Pilita Clark, Environment Correspondent Scientists are struggling to understand why a burst of “scary” warming at the North Pole has pushed Arctic temperatures nearly 20C higher than normal for this time of year. Experts in the US and Europe say they have been shocked by the soaring temperatures recorded in November, when much of the region is plunged into freezing winter darkness. Temperatures […]
21 November 2016 Diyar Al Muharraq, one of the leading urban developers in the Kingdom of Bahrain, proudly announces the launch of the second and final phase of “Al Qamra” freehold residential plots, following the successful sale of the first phase which witnessed tremendous public response to purchase plots due to the project’s flexibility in sizes that cater to the varying housing needs. The company announced that […]
Scientists from the Rice University, Baylor College of Medicine, and other team members used synthetic biology in the attempt to understand the DNA snippets that are generally produced by healthy cells in the process of cancer development. The researchers conducted a study that could lead to developing new, more efficient drugs dedicated to cancer prevention. The drugs would employ a technique that neutralizes the so-called “DNA intermediates,” […]
Regional experts meet to discuss holistic approach to atrial fibrillation from diagnosis to treatment United Arab Emirates, Dubai – 20th November 2016 Boehringer Ingelheim and Medtronic have collaborated recently to develop a holistic approach to Atrial Fibrillation (AF) treatment solutions. Both Boehringer Ingelheim and Medtronic organized a two-day program which integrated both current evidence and clinical practice. The program, which has been certified and accredited by the […]
It may not get the international acclaim of Dubai or the media attention of Doha, but Ras Al Khaimah (RAK) is quietly making its mark. Famed largely for bringing the world RAK Ceramics, the northern UAE emirate is forging a serious reputation on the global business stage. Be it in tourism, free zones, property or infrastructure, everywhere you look in RAK, something new is springing up. And […]
Abu Dhabi-UAE: November 18, 2016 Abu Dhabi Ports hosted the second edition of The Maritime Standard Ship Finance and Trade Conference in Abu Dhabi this week, which featured engaging discussions aiming to chart a course for the future of the shipping and maritime sectors. The event brought together high profile executives and industry professionals from local, regional and international markets including H.E. Dr. Abdullah Salem Al Katheeri, […]
Neel Kashkari picked a bad day to try to fix the financial system. As the president of the Federal Reserve Bank of Minneapolis unveiled a plan to safeguard the biggest banks on Wednesday morning, shares in the likes of JPMorgan Chase, Bank of America and Citigroup were coming off five days of frantic gains. Analysts, meanwhile, were still pumping out research notes, trying to guess what a […]
President-elect Donald Trump, who faces dozens of lawsuits from his business dealings, has agreed to pay $25m to resolve claims brought by New York state and thousands of students alleging he ran a fraudulent real estate course. The settlement includes a lawsuit filed by Eric Schneiderman, New York’s attorney-general, who sued Mr Trump, The Trump Entrepreneur Institute, formerly known as Trump University, and Michael Sexton, the former […]
You can read our charts-based explainer here. Sometimes the end of an era comes imperceptibly, with it only becoming apparent long after the fact. But many investors are in little doubt that Donald Trump’s election victory loudly trumpets that an entirely new market regime is nigh. The subsequent shockwaves — which sent equities powering higher on stimulus hopes, bonds crashing on inflation fears and emerging markets quaking […]
According to the researchers, a third pyramid was found within the Kukulkan pyramid in Mexico. The construction is approximately 33 feet, and it was found between other two structures that were formerly discovered. As the data suggests, the pyramid seems to have been built in three different phases, showing an entire perspective on the ancient civilization. In 2015, a team of archaeologists used electrical imaging to find […]
18 November 2016 MARC has affirmed the rating of AAA(fg) on special purpose vehicle TRIplc Ventures Sdn Bhd’s (TVSB) RM240.0 million Senior Medium-Term Notes (Senior MTN) Programme with a stable outlook. Both the affirmed rating and outlook are premised on the credit strength of an unconditional and irrevocable guarantee provided by Danajamin Nasional Berhad (Danajamin) on the Senior MTN obligations. Danajamin carries a financial insurer rating of […]
By David Shepardson | WASHINGTON WASHINGTON U.S. President-elect Donald Trump said Ford Motor Co Executive Chairman Bill Ford Jr told him the automaker would not move a Kentucky plant to Mexico, but the firm said it informed him the decision was to keep one vehicle in U.S. production. On Thursday, Trump posted on Twitter: “I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. […]
Diego Maradona has officially opened a new restaurant in Abu Dhabi, in celebration of his 56th birthday. The Argentinian retired footballer appeared at his venture, Café Diego, located in the Nation Galleria mall on the West Corniche, earlier this month. It had been in a soft opening phase since May. The restaurant features Argentine architecture, inspired by Maradona’s hometown of Buenos Aires, and serves traditional Argentine dishes, […]
Donald Trump has pushed back on claims that infighting is hampering the critical process of putting in place his cabinet and top officials, insisting that his presidential transition is on track despite a series of dismissals and resignations. “It is going so smoothly,” Mr Trump tweeted on Wednesday, saying reports of chaos inside the team now headed by Mike Pence, his vice-president, were “totally wrong”. He also denied the transition […]
MARRAKECH// The UAE delegation headed by Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, attended the opening session of the Conference of Parties 22 on Tuesday. Sheikh Mansour thanked the government and people of Morocco for hosting this important event to tackle climate change and to put in place an effective mechanism for the implementation of last year’s Paris Agreement. The session was […]
That WhatsApp has been working on a new functionality — support for video calling — is no secret. The company has now officially confirmed that the much-awaited feature is finally being pushed out for iOS, Windows and Android. On Monday, Nov. 14, the company confirmed the video calling feature’s arrival for the three ecosystems in a blog post. WhatsApp’s move was motivated by the fact that its […]
“Phase one is the hope phase,” Stephen Cucchiaro, chief investment officer at 3 Edge Asset Management, says of the reaction in financial markets to president-elect Donald Trump. “As it is a while until he’s president, you can hope for fiscal stimulus getting growth going and reawakening animal spirits.” Evidence of exuberance is not hard to find. S&P 500 financials and heathcare stocks are flying; US 10-year Treasury […]
ABU DHABI // Customers covered by the national insurer Daman will soon be able to use their Emirates ID card for healthcare services. Daman is merging customer data with that stored on Emirates ID cards, a process that will be completed next year but is already being provided to customers as their data is merged. Those not yet able to use their ID for health care can […]
By Richard Leong and Jennifer Ablan | NEW YORK NEW YORK Donald Trump’s stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster U.S. growth and inflation lead investors to favor stocks over bonds. A two-day thumping wiped out more than $1 trillion across global bond markets worldwide, the worst rout in nearly […]
ABU DHABI, UAE 13 November 2016 Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has awarded the early works contract for the first phase of Mayan, a luxury residential development located on Yas Island, to Dutch Foundation & Concrete Rehabilitation Company WLL. The AED 30 million contract provides for shoring, piling and earthworks for Mayan’s 512 luxury apartments which are spread […]
13 November 2016 Highlights Phase 1 of Dubai Parks and Resorts opened to paying visitors Phase 2 of Dubai Parks and Resorts on track with Six Flags Dubai due to open late 2019 Rebranding to DXB Entertainments completed Advertisement Raed Kajoor Al Nuaimi, Chief Executive Officer, DXB Entertainments, said, “The opening of LEGOLAND® Dubai and Riverland™ Dubai on 31 October to the public, was a great day for […]
