12 December 2016 Dubai, UAE: Deyaar has launched a fresh drive to help customers make the right investment choices, with a range of generous promotional offers that include zero down payments on new properties and waivers for Dubai Land department fee. Marking the end of a successful year, Deyaar is launching the promotion that covers some of its key residential projects – Midtown, Mont Rose and Ruby […]
MANAMA, Bahrain — The political shock waves from the American presidential election are being felt here in the Persian Gulf, where diplomats, military commanders and other senior leaders say they are both fearful and excited about which Donald J. Trump shows up after he is sworn in as president on Jan. 20. Will it be, they ask, the President Trump who has vowed to cut off American […]
By Patricia Zengerle | WASHINGTON WASHINGTON President Barack Obama’s administration has decided to include a massive report on the CIA’s use of waterboarding and other “enhanced interrogation techniques” in his presidential papers, meaning it may eventually be declassified. The White House wrote to Senators Richard Burr and Dianne Feinstein, the Republican chairman and ranking Democrat on the Senate Intelligence Committee, on Dec. 9 informing them of its […]
By Alwyn Scott | SEATTLE SEATTLE Donald Trump on Monday widened his attack on defence contractors, slamming Lockheed Martin Corp’s (LMT.N) F-35 fighter jet program as too expensive as aides to the president-elect said he intends to keep pushing to cut the costs of military hardware. Trump’s latest Twitter broadside sent defence shares tumbling and fanned concerns that the incoming administration will reduce defence contractors’ profit margins […]
Donald Trump has named Goldman Sachs president Gary Cohn to head the White House National Economic Council, marking his third top appointment from the ranks of the bank despite his pledge to sever links between Wall Street and Washington. The appointment of Mr Cohn, who serves as chief operating officer, leaves Goldman nursing another big departure from its leadership team just weeks after the news that the […]
BMC announced Monday that Peter Leav is joining the enterprise software firm as its new president and CEO. Leav comes to BMC from Polycom, the global collaboration company where he served as president and CEO for the last three years. He’s succeeding Bob Beauchamp, who will continue to serve as chairman of the Board of Directors for BMC. BMC, which went private in 2013, is entering its […]
WASHINGTON U.S. Senator John McCain said on Monday that he personally backs Washington’s decades-old “one China” policy and that no one should “leap to conclusions” that President-elect Donald Trump would abandon it. “I do not respond to every comment by the president-elect because it may be reversed the next day,” McCain told Reuters when asked about Trump’s statement over the weekend that the United States did not […]
“It’s just abnormal,” said Doc Rivers, the coach of the Los Angeles Clippers. “I never even spent one second thinking about what I was going to say,” said Kevin McHale, the former coach of the Minnesota Timberwolves and Houston Rockets. Continue reading the main story A flash of insight? A burst of banter? Those are considered monumental successes in the in-game interview genre, which tends to consist […]
By Toni Clarke Dr. Scott Gottlieb, a partner at one of the world’s largest venture capital funds and a former deputy commissioner at the U.S. Food and Drug Administration, is being considered by President-elect Donald Trump to run the agency, according to sources close to the transition team. Gottlieb, 44, a venture partner at New Enterprise Associates and resident fellow at the American Enterprise Institute, a conservative […]
WASHINGTON Donald Trump on Monday criticized Lockheed Martin’s F-35 fighter jet program as too expensive, the latest attack by the U.S. President-elect on large defense contractors. Lockheed shares dropped 5.1 percent and shares of several other defense contractors also tumbled. “The F-35 program and cost is out of control,” Trump said on Twitter, echoing campaign promises to cut waste in federal spending. “Billions of dollars can and […]
ABU DHABI // Women members of parliament have an important role in brokering peace in the Middle East and beyond, a conference heard on Monday. About 50 women who preside over parliaments met in Abu Dhabi for the Global Summit of Women Speakers of Parliament. For the first time men were invited to participate, including Sheikh Saif bin Zayed, Minister of Interior and Deputy Prime Minister, who […]
The MoU envisages bilateral cooperation between ICD and PTA Bank in order to promote and facilitate the execution of their respective mandates through financing and investments in their common member countries JEDDAH, Kingdom of Saudi Arabia, December 12, 2016/ — A Memorandum of Understanding (MoU) was signed between, the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of Islamic Development […]
ALEPPO, SYRIA: The Syrian army recaptured a major district of Aleppo on Monday, leaving opposition fighters cornered in a small pocket as the battle for the city entered its “final phase.”President Bashar Assad’s forces held more than 90 percent of the onetime opposition stronghold of east Aleppo, a monitor and military official said, and appeared on the verge of retaking the entire city.A Syrian military official in […]
Crude oil surged to the highest in 17 months amid efforts to cut production, pushing up the outlook for global inflation and sending 10-year Treasury yields above 2.5 percent for the first time since October 2014. Chinese equities tumbled. Oil jumped more than 4 percent in New York and London after Saudi Arabia signaled it will cut output by more than previously agreed amid a weekend deal to […]
Oil prices surged above $57 a barrel for the first time since July 2015 on Monday, rallying as much as 6.5 per cent after the Opec cartel clinched a long-sought supply pact with Russia and other big crude exporters. Russia led a loose coalition oil producers from outside Opec, including Oman, Mexico and Kazakhstan, in an agreement signed this weekend to reduce supply by 558,000 barrels a […]
By J.R. Wu | TAIPEI TAIPEI U.S. President-elect Donald Trump’s declaration that the United States could link its policy on Taiwan to trade negotiations with China prompted concerns on the island that it may become a pawn in wider superpower discussions. “Trump’s comments regularly mention Taiwan. What advantage is this giving Taiwan? This is something we must consider,” Johnny Chiang, an opposition Nationalist lawmaker, told reporters. “Otherwise, […]
The prospect of a more aggressive Federal Reserve and a surge in the oil price hit global bonds on Monday, sending the yield on the benchmark 10-year Treasury note above 2.5 per cent for the first time since 2014. Treasuries have led a sharp sell-off in sovereign bonds since Donald Trump’s victory in last month’s US election, raising the prospect that Fed officials will have to raise […]
The Chinese government has warned Donald Trump that the two countries will have “nothing to discuss” if the US president-elect’s incoming administration decides to discard the four-decade old “One China” policy. “Adherence to the One China policy is the political bedrock for development of [bilateral] relations,” Geng Shuang, a foreign ministry spokesman, said on Monday. “If compromised, there will be nothing to discuss on co-operation in major fields.” […]
BEIJING China said on Monday that it was extremely concerned about U.S. President-elect Donald Trump’s comments that the United States did not necessarily have to stick to its long-standing position that Taiwan is part of “one China”. Foreign Ministry spokesman Geng Shuang told a regular news briefing that the “one China” policy is the basis for China-U.S. relations and urged the incoming U.S. administration to understand the […]
By Laila Bassam and Lisa Barrington | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT The Syrian army and its allies captured Sheikh Saeed district in Aleppo in overnight fighting, a war monitor and a Syrian official said early on Monday, amid the most intense bombardment in days, leaving insurgents in only a tiny pocket of the city. Sheikh Saeed lies in the south of the rebels’ east Aleppo enclave, which […]
12 December 2016 Ras Al Khaimah, United Arab Emirates–(ME NewsWire)– Julphar Gulf Pharmaceutical Industries launched the antibiotic Voxin during a launch event, which was held at the Raffles Hotel, Dubai on November 25th 2016. “Voxin (Levofloxacin) is a fluoroquinolone antibiotic that is indicated for the treatment of lower respiratory tract infections and sinusitis in adult patients,” said Dr Hosam Badr, Director of Marketing at Julphar. “Voxin (Levofloxacin) […]
By Joyce Lee | SEOUL SEOUL South Korean Prime Minister Hwang Kyo-ahn will begin getting official briefings from aides of President Park Geun-hye on Monday, having assumed presidential authority in a caretaker role following her impeachment by parliament last week. Hwang has sought to calm anxiety over national security and to reassure financial markets while Park’s presidency is held in limbo pending the outcome of a Constitutional […]
By Howard Schneider | WASHINGTON WASHINGTON The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank’s growth and inflation outlook. Fed fund futures show a 97 percent probability that the Fed will lift rates by a quarter of a percentage point at the end […]
ABU DHABI // The Ministry of Presidential Affairs has mourned the death of Sheikh Hamdan bin Rashid bin Hamdan bin Mohammed Al Nahyan, who died on Sunday. The Ministry prayed to God to rest his soul and grant his family patience and solace to bear their loss, reported state news agency Wam. [email protected] The National
