DUBAI // The main site for the UAE Food Bank was announced on Monday after the first meeting about the new charity initiative. The bank’s main branch will be in the Dubai Vegetable Market, while 15 other outlets are planned for inside and outside the UAE. Sheikha Hind bint Juma Al Maktoum, Chairwoman of the Food Bank, said it is hoped that it will become the “biggest […]
Once again, the dawn of a new year is upon us. People will wonder what to do, what will happen and what can they expect. We, as humans, will rely on pundits to tell us what they think and yes most of what will be said will have a 50/50 chance of being as much right as wrong. This year is going to usher in many seismic […]
“We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow.” So Henry Temple, the third Viscount Palmerston, described British foreign policy in 1848, at the height of its imperial pomp. “England is a power sufficiently strong, sufficiently powerful to steer her own course.” It is more than fanciful to imagine US […]
The world’s main repository for data on credit derivatives deals will move its database on to the blockchain, in the first big test case for whether the emerging technology can be employed across the finance industry. The DTCC, a US post-trade services group that processes more than $1,500tn of securities a year, will use technology from IBM and US blockchain start-ups R3 and Axoni as the basis […]
Watergate. Spying by the National Security Agency. Bungled protection by the Secret Service. These stories have two things in common: Each were major, consequential pieces of journalism about the federal government that got big results. And none of them were broken by the White House press corps. With less than two weeks before Donald Trump is inaugurated as the nation’s 45th president, news organizations have begun plotting […]
Doha, 9 January 2016 Dr. R. Seetharaman, Doha Bank CEO was conferred with the Pravasi Bharatiya Samman Award (PBSA) by the Hon’ble President of India, Shri Pranab Mukherjee at the PRAVASI BHARTIYA Divas Convention on 9 January 2017 which is the highest honour conferred on overseas Indians by the Government of India in recognition of their achievements both in India and abroad. The PBSA was conferred was […]
By Jonathan Landay | WASHINGTON WASHINGTON The risk of conflicts between and within nations will increase over the next five years to levels not seen since the Cold War as global growth slows, the post-World War Two order erodes and anti-globalization fuels nationalism, said a U.S. intelligence report released on Monday. “These trends will converge at an unprecedented pace to make governing and cooperation harder and to […]
By Tulay Karadeniz (Corrects to U.S. support in fourth paragraph) By Tulay Karadeniz ANKARA President Tayyip Erdogan said on Monday he believes Turkey’s dialogue with the United States will gain pace after President-elect Donald Trump takes office and that they will reach a consensus on regional issues. Relations between Washington and Turkey – a NATO ally key to the U.S.-led fight against Islamic State in Syria and […]
By Maria Tsvetkova and Christian Lowe | MOSCOW MOSCOW Allegations that Russia tried to influence the U.S. election in favour of Donald Trump amount to a witch-hunt, the Kremlin said on Monday, in its first reaction to the release of a U.S. intelligence report on the alleged Russian operation. The report, a redacted version of which was released publicly last week, alleged that Russian President Vladimir Putin […]
SKOPJE Macedonian President Gjorge Ivanov said on Monday he will ask Nikola Gruevski, the veteran leader of the conservative VMRO-DPMNE party, to form a new government following elections last month. Gruevski, 46, who led the ex-Yugoslav republic for almost a decade, will now have 20 days to win approval for his cabinet in the parliament. VMRO-DPMNE won 51 out of 120 parliamentary seats in the Dec. 11 […]
‘This is a product of a wild and active imagination. It’s adding a plus-plus when there’s nothing there,’ says policy expert Tony La Viña Rappler.com Published 7:00 PM, January 09, 2017 Updated 7:00 PM, January 09, 2017 INCRIMINATING EMAILS? The internet explodes into a frenzy over supposed leaked emails from the Office of the Vice President containing negative messages about President Rodrigo Duterte. The buzz started among […]
09 January 2017 Dubai, UAE – Dubai Electricity and Water Authority (DEWA) recently received two delegations, one from Sharjah Economic Development Department (SEDD), and the other from Emirates National Oil Company (ENOC). Both delegations visited DEWA to get acquainted with the latest technologies and systems adopted by DEWA. During the visit, the SEDD delegation got familiar with DEWA’s operations management approach, and the quantum leap it has […]
YANGON/KUALA LUMPUR Myanmar said on Monday it had sent out safety instructions to its workers in Malaysia after attackers hacked five of them to death with swords, weeks after it barred workers from going there, partly because of security fears. Tension between the Southeast Asian neighbours has risen in recent months over the fate of Myanmar’s stateless Rohingya Muslim minority, with Malaysia accusing Myanmar of genocide over […]
Meryl Streep brought politics back to Hollywood at the Golden Globes on Sunday evening with a powerful acceptance speech that excoriated Donald Trump and his mocking of a disabled reporter during the election campaign. Ms Streep, Hollywood’s most decorated and revered actress with three Oscar wins, was accepting the Cecile B DeMille award for lifetime achievement when she tore into Mr Trump. In front of a primetime audience […]
Who would now warn publicly against “Islamic fascism,” when the hard-liners sought to influence elections? Who would state openly that there should be a nuclear compromise? Continue reading the main story Mr. Rafsanjani said things others would not dare to say, all agreed, and his voice had at least created some tolerance for debates. “Hard-liners will be happy, but this is the start of a period of […]
By Ju-min Park | SEOUL SEOUL South Korean special prosecutors team have filed fresh charges including bribery against a close friend of impeached President Park Geun-hye, the central figure in a political scandal that has engulfed the country, the team said on Monday. Choi Soon-sil, in jail since late October and on trial since last month, already faces charges of abuse of power and attempted fraud. On […]
BEIRUT Syrian President Bashar al-Assad said his government is ready to negotiate on “everything” in proposed peace talks in Kazakhstan but said it was not yet clear who would represent the opposition and no date had been set. Assad also said a ceasefire brokered by Turkey and Russia, his most powerful ally, ahead of the talks was being violated and the army’s role was to recapture an […]
Mayfield Robotics chief executive Michael Beebe unveils the Kuri robot at the Consumer Electronics Show in Las Vegas, on January 6, 2017 Professor Einstein rolls his eyes, sticks out his tongue, and can give a simple explanation of the theory of relativity. With his lifelike rubbery “skin” and bushy mustache, he can almost make you forget he’s a robot. The Einstein robot is among dozens roaming the […]
By Joseph Ax | NEW YORK NEW YORK In the weeks since Hillary Clinton’s shock election defeat to U.S. President-elect Donald Trump, a rumor has taken hold among New York City’s political chattering class: could she challenge Mayor Bill de Blasio’s reelection bid this year? Discussion of a possible Clinton campaign intensified last week when conservative news website Newsmax reported that Democrats unhappy with de Blasio were […]
By Bernie Woodall and David Shepardson | DETROIT DETROIT Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles. FCA’s announcement that it would retool factories in Ohio and Michigan to build new […]
Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]
Last year was tough for global aviation and, like many in this sector, there’s not much I wouldn’t give for a crystal ball to see what 2017 has in store. Having said that, the consensus is that we can expect more of the same, with the wide range of macro challenges that beset the world in 2016 continuing. War and regional conflicts are ongoing and the ever-present […]
After one of the most tumultuous years in its modern history, Turkey is struggling to convince global investors to look beyond economic weakness and political risk. Fund houses willing to bet on countries such as South Africa, where a corruption scandal is consuming the ruling ANC party, and Brazil, where President Michel Temer is battling to save his administration from corruption investigations, say the headwinds facing Turkey […]
Some analysts say Russia appears to have arrived at an accommodation in which the Turks are moving to establish a security zone in northern Syria to preclude Syrian Kurds from setting up an autonomous region. In return, the Turks appear to be backing off their efforts to unseat President Bashar al-Assad of Syria, who, with Russian help, is strengthening his hold on the country’s major cities to […]
