DUBAI // Innovation is the driver of progress, and governments and businesses that fail to innovate will go backwards, Sheikh Mohammed bin Rashid warned on Wednesday. The Vice President and Ruler of Dubai was launching National Innovation Week, which will take place from November 22 to 28. Sheikh Mohammed urged all public, private and academic entities to participate and called on the public to get involved through […]
ISTANBUL — Confronted with widespread protests two summers ago, Prime Minister Recep Tayyip Erdogan ordered a harsh police crackdown and tarnished the demonstrators as traitors and spies. Faced with a corruption inquiry focused on his inner circle, he responded by purging the police and judiciary. So when Mr. Erdogan, now president, suffered a stinging electoral defeat in June that left his party without a majority in Parliament […]
|By Matein Khalid| Every global recession since the OPEC oil shocks of 1973-74 was triggered by a contraction in the $17 trillion US economic colossus. The failure of Lehman Brothers, the meltdown in US subprime mortgages, the impotence of the implicit “Fed/Uncle Sam” put, the ice age in the commercial paper and interbank money markets all tipped the US economy into recession in late 2008 and triggered […]
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Reuters/Mike Segar NEW YORK Has the “curse of the Dow” finally caught up with Apple? Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of $113.25 on Tuesday. […]
Creditors of Drydocks World, the Dubai government-owned company seeking to revise part of a $2.3 billion debt restructuring deal which it signed in 2012, have chosen Moelis & Co as their adviser, sources familiar with the matter said. The selection of the New York-based advisory company should open the way to Drydocks offering a proposal to creditors, a move expected to happen later this quarter, with a […]
The developer Meydan has announced the launch of a new scheme known as Meydan One featuring a 711m-high tower, a huge new mall, the world’s largest indoor ski slope, a 25,000 sq metres indoor sports facility, the biggest dancing fountains in the world, a beach and a civic plaza capable of hosting up to 60,000 people. It is also to contain a 100-berth marina. And, a retractable […]
What’s going to generate headlines this week in international news? We’re experimenting with offering readers a tip sheet. Let us know if you find it useful or what you’d like to see here. Contact [email protected]. — Hanna Ingber, Assistant Editor, International Desk MONDAY: Secretary of State John Kerry will be traveling all week, after spending the weekend in Cairo, where he pushed Egyptian officials to show greater […]
DOHA, Qatar — Persian Gulf monarchies issued a cautious endorsement on Monday of the accord Secretary of State John Kerry negotiated last month to constrain Iran’s nuclear program. “This was the best option among other options,” said Khalid al-Attiyah, the foreign minister of Qatar, who hosted a meeting of the Gulf Cooperation Council that Mr. Kerry attended. In a news conference with Mr. Kerry, Mr. Attiyah said […]
JERUSALEM — The how-to manual in Hebrew reads like a chilling premonition. Among its recommendations, how to set fire to a Palestinian house: “Stock up with a petrol bomb, preferably of a liter and a half; a lighter; gloves; a mask; a crowbar/hammer; a bag to carry it all. When you get to the village, search for a house with an open door or window without bars.” […]
CAIRO — Secretary of State John Kerry told the Egyptian authorities on Sunday that they would not be able to defeat terrorism at home unless they showed greater respect for human rights. “The success of our fight against terrorism depends on building trust between the authorities and the public,” Mr. Kerry said at a joint news conference with his Egyptian counterpart. “If that possibility does not exist, […]
TEHRAN — Despite the smiling clown, a symbol of the Great Satan’s love for meat, buns and fries, there were no angry mobs punching fists in the air, shouting “Death to America”; nor did the smell of burnt American flags permeate this Tehran neighborhood. It smelled of juicy burgers, flipped by a cheerful Iranian teenager named Jahan. His kitchen was crowned with a flashing logo that looked […]
JALAZOUN REFUGEE CAMP, West Bank — Palestinian youths clashed with Israeli forces while thousands of Israelis flocked to rallies, all of them protesting an arson attack that killed a Palestinian toddler — a rare instance of mutual shock in a land attuned to bitter violence. Israel’s president implored the country to consider how the attack on Friday morning could have happened; Palestinians pointed to a widespread sense […]
By ANNE BARNARD and ERIC SCHMITT July 31, 2015 BAGHDAD — A Syrian insurgent group at the heart of the Pentagon’s effort to fight the Islamic State came under intense attack on Friday from a different hard-line Islamist faction, a serious blow to the Obama administration’s plans to create a reliable military force inside Syria. The American-led coalition responded with airstrikes to help the American-aligned unit, known as Division 30, in […]
BAGHDAD — A Syrian insurgent group at the heart of the Pentagon’s effort to marshal local foot soldiers against Islamic State militants came under intense attack on Friday from a different hard-line Islamist faction, the Qaeda-linked Nusra Front. The Nusra Front said in a statement that its aim was to eliminate the American-aligned unit, known as Division 30, before it could gain a deeper foothold in Syria. […]
DUMA, West Bank — Residents of this Palestinian hamlet still awake on a hot summer night heard the screams and rushed to the Dawabsheh home. Outside, Saad, 32, lay writhing on the ground. Nearby, his wife Riham was still on fire. Their 4-year-old son was could be heard cyring inside the burning house and his brother, 18-month-old Ali, was already dead. Witnesses and officials attributed the attack […]
FRANKFURT/SAN FRANCISCO BMW (BMWG.DE) and Apple (AAPL.O) may rekindle a courtship put on hold after an exploratory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW’s headquarters last year and senior Apple executives toured the carmaker’s Leipzig factory to learn how it manufactures the i3 electric […]
An employee works inside the office of U.S. online cab-hailing company Uber, on the outskirts of New Delhi, India, April 24, 2015. Reuters/Anindito Mukherjee REUTERS – Uber Technologies Inc will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States. Uber said it would use the additional investment to […]
INTERNATIONAL. JINSA’s Gemunder Center Iran Task Force has released a new report at a panel discussion yesterday to provide an expert analysis of the Joint Comprehensive Plan of Action (JCPA), the final agreement with Iran on nuclear disarmament. The Task Force – co-chaired by Ambassador Dennis Ross, who played a leading role in shaping the Middle East peace process for 12 years under three administrations, and Ambassador […]
DUBAI // A model to help promising young leaders achieve their potential has been launched by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Called “The Leader of the 21st Century Model”, it has been launched for the UAE Government Leaders Programme and is created by the UAE Government. Inspired by the leadership of Sheikh Mohammed, it aims to strengthen the competencies and leadership skills […]
JERUSALEM — Israeli legislators voted Thursday to allow the force-feeding of hunger-striking prisoners in extreme cases, a move that appeared to be aimed at preventing Palestinian inmates from using fasts to win their release, particularly from indefinite incarceration. Rights groups condemned the move, and the Israeli Medical Association called it “torture” and vowed to appeal the legislation. In recent years, hundreds of Palestinians have conducted collective and […]
ANTAKYA, Turkey — A Pentagon program to train moderate Syrian insurgents to fight the Islamic State has been vexed with problems of recruitment, screening, dismissals and desertions that have left only a tiny band of fighters ready to do battle. This tiny band, 54 in all, suffered perhaps the most destructive problem yet on Thursday: Its leader, deputy and at least five others were abducted in Syria, […]
For centuries, Yemen and the people of the UAE have enjoyed a prosperous and enduring relationship. Historically, Yemen stood as a leading civilisation in the Arab world. During the British occupation of the country that began in 1839, Emirati traders would frequent the coastal city of Aden to trade in goods and services with their neighbours. With the rise of the Gulf states and eventual decline of […]
Western Union….aiding Greece during financial crisis Western Union activates money transfer into Greece ATHENS, 1 days ago The Western Union Company, a leading global payment services, has activated international remittances into Greece, allowing customers to receive cash payouts in minutes from almost anywhere around the world at select walk-in retail agent locations. International and domestic Western Union Money Transfer transactions are available for payout at up to […]
Trend Micro unveils Windows 10-compatible solution MANAMA, 1 days ago Trend Micro, a leader in security software, has unveiled its Trend Micro Security 10, a security and privacy solution fully compatible with Microsoft Windows 10, which is to be launched later this week. The new version’s security features are simple-to-use, yet provide state-of-the-art protection for consumers’ data, delivered with optimal performance, said a statement. It will allow […]
