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INTERNATIONAL.  On the eve of U.S. President Barack Obama’s visit to Kenya for the Global Entrepreneurship Summit, GeoPoll, the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business owners throughout sub-Saharan Africa on entrepreneurship in their countries. GeoPoll surveyed 200 entrepreneurs per country in the Democratic Republic of Congo, Ghana, Kenya, Nigeria, and South Africa, asking them what resources are most needed […]

UAE. Women are just as likely as men to find employment in small and medium-sized businesses in the UAE, according to the latest research by business intelligence company MEED. Of the more than top 50 SMEs in the Emirates which participated in the study, 50 per cent said they employ an equal number of women and men in their organisations. About 40 per cent even reported having […]

UAE. The Institute of Chartered Accountants in England and Wales – ICAEW, has welcomed the new UAE oil price deregulation policy which aims to support the national economy, lower fuel consumption, protect the environment and preserve national resources. Commenting on the new policy, Michael Armstrong, FCA and ICAEW Regional Director for the Middle East, Africa and South Asia (MEASA), said: “Deregulating oil prices should support the national […]

A wounded soldier received treatment in January 2013, at an Egyptian hospital. The poor condition of medical and other public facilities in the country have been illustrated on Facebook pages. By KAREEM FAHIM and MERNA THOMAS July 24, 2015 CAIRO — When the prime minister of Egypt visited two Cairo hospitals last month, he said he was shocked by the disorder and decay he encountered. No one else was. Egyptian doctors […]

SHARJAH // When Ramadan began in June, schoolpupils Arushi Madan and Khyati Saxena wanted to do something that would benefit both the environment and the underprivileged. They launched A Dose of Help, a month-long campaign to collect unused, unopened over-the-counter medicine that was within a year of expiry to donate to the Emirates Red Crescent in Sharjah. “We truly believe that we can all make a difference. […]

ADEN // An Emirati plane landed in Aden at dawn on Friday, bringing humanitarian aid to the southern Yemeni city only hours after its airport came under rocket fire from rebels. In total, four aircraft have arrived at the port city since the symbolic reopening of Aden’s international airport on Wednesday, which followed nearly four months of fierce fighting. The UAE plane delivered medical supplies from the […]

Video | Kerry Defends Nuclear Deal to Senate Secretary of State John Kerry defended the Iran nuclear deal on Thursday before the Senate Foreign Relations Committee, meeting resistance from Republican members of the group. By JONATHAN WEISMAN and MICHAEL R. GORDON July 23, 2015 WASHINGTON — After four and a half hours of contentious questioning, three cabinet secretaries deployed Thursday by President Obama to the Senate to defend his nuclear deal with […]

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By HELENE COOPER and CEYLAN YEGINSU July 23, 2015 AMMAN, Jordan — The United States and Turkey have reached an agreement for manned and unmanned American warplanes to carry out aerial attacks on the Islamic State from two Turkish air bases, Obama administration officials said Thursday. The agreement on the bases, Incirlik and Diyarbakir, was described by one senior administration official as a “game changer” that would significantly strengthen the American […]

UAE. The current shortage of middle income housing is one of the greatest challenges facing the real estate industry in the Middle East, said Craig Plumb, Head of Research at JLL MENA. “With a shortage of housing for those families earning salaries around the UAE average, it is important that we address some of the best practice initiatives and developments that have been launched in the Emirates, […]

JIDDA, Saudi Arabia — Defense Secretary Ashton B. Carter gave a surprisingly upbeat assessment on Wednesday of American relations with Saudi Arabia, asserting that the kingdom welcomed the international nuclear deal reached with its regional rival, Iran. Mr. Carter, who visited Jidda and held his first meeting with King Salman, also said the Saudi monarch would visit the United States this fall and is committed to fighting […]

|By Matein Khalid| As a student of investing and the son of a painter/art historian, I cherish art as a visceral, spiritual value but am also intrigued by its historical linkage to banking and the financial markets. The happiest moments of my life have been spent in the Prado, Tate, Hermitage, Rijksmuseum, Ufizi, MOMA, Met, the National Gallery on Trafalgar Square, the Louvre, Musee d’Orsay and so […]

INTERNATIONAL. Africa continues to remain vastly unexplored, and making Africa’s most remote regions accessible for trade will not only promote prosperity in those regions, but also elevate the continent’s continued growth path. This is according to Charles Brewer, Managing Director of DHL Express Sub-Saharan Africa, commenting on The Role of Trade in Ending Poverty report, jointly written by the World Bank Group and World Trade Organisation, recently released by […]

The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. Reuters/Kai Pfaffenbach Micron Technology Inc (MU.O) has told China’s Tsinghua Unigroup Ltd that its $23 billion acquisition offer is not realistic because U.S. authorities would block the deal due to national security concerns, according to people familiar with the matter. The Boise, Idaho-based chipmaker’s […]

Yemeni president Abdrabu Mansur Hadi praised the stance of the UAE and its support for his country during a meeting on Monday with the UAE ambassador. Salem Al Ghafli, the UAE Ambassador to Yemen, conveyed the greetings of President Sheikh Khalifa and Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, for Eid Al Fitr as well as the liberation of Aden from the Houthis and […]

Crude slumped below $50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will climb, extending a global glut. West Texas Intermediate decreased as much as 1.9 percent. Iran will focus on regaining oil sales it lost due to sanctions regardless of the impact on prices, Oil Minister Bijan Namdar Zanganeh said in Tehran Monday. U.S. crude […]

ABU DHABI // Rulers, religious leaders and legal experts on Monday welcomed a new law against hate crime and religious or racial discrimination. Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the law “guarantees the freedom of individuals from religious intolerance … and underpins the UAE’s policy of inclusiveness”. It also showed the wisdom of the leadership in a country that was sending a […]

UNITED NATIONS — The United Nations Security Council on Monday unanimously approved a resolution that creates the basis for international economic sanctions against Iran to be lifted, a move that incited a furious reaction in Israel and potentially sets up an angry showdown in Congress. The 15-0 vote for approval of the resolution — 104 pages long including annexes and lists — was written in Vienna by […]

The prime minister of Israel, Benjamin Netanyahu, responded to the Iran deal as expected: It is bad, endangers Israel, he argued; we are against it and will be the only American ally not only to oppose it, but to go down gloriously, fighting a battle in Congress that we are destined to lose. Mr. Netanyahu often warns that Iran is like Nazi Germany in 1938, fooling naïve […]

TEHRAN — Ayatollah Ali Khamenei, the supreme leader of Iran, voiced support on Saturday for his country’s nuclear deal with world powers while emphasizing that it did not signal an end to Iran’s hostility toward the United States and its allies, especially Israel. “Their actions in the region are 180 degrees different from ours,” he said. Speaking after a special prayer marking the end of the Muslim […]

CAIRO — Security forces killed six antigovernment protesters at Islamist demonstrations near Cairo on Friday morning, highlighting continued tensions two years after the military takeover that removed President Mohamed Morsi of the Muslim Brotherhood. The clashes, in the Giza neighborhoods of Talbiya and Nahia, took place as crowds gathered after morning prayers that signaled the beginning of the Eid al-Fitr holiday, at the end of the holy […]

Redmond is acquiring field service management solutions provider FieldOne Systems to beef up its CRM business. Here’s the pitch in a nutshell: Consumers expect companies to engage with them in new, more convenient ways. That includes field service capabilities. Once it integrates FieldOne’s technology into Dynamics CRM, Microsoft is convinced that its clients can better manage and deliver service to customers in the field. “Field service management […]

Microsoft is touting the latest update to its operating system, due for release starting July 29, with the line, “It’s the Windows you know, only better.” Underscoring the distance that Microsoft wants to put between the new OS and the previous version is the fact that it’s named Windows 10 — there will be no “9” to succeed the less-than-beloved Windows 8. Windows 10 will also be […]

A logo of Toshiba Corp is seen next to an advertisement board for its Regza television in Tokyo, Japan, June 25, 2015. Reuters/Yuya Shino TOKYO A panel investigating an accounting scandal at Toshiba Corp has found that top executives were involved in improper practices, confirming the institutional nature of the abuses, a person directly involved in the investigation said on Friday. Improper accounting, extended across virtually all […]

JERUSALEM — Israeli commentators have described this week’s Iran nuclear deal as a “personal failure,” a “stinging failure,” and a “colossal failure” for Prime Minister Benjamin Netanyahu. Yair Lapid, a rival who heads an opposition faction in Israel’s Parliament, called it “the greatest failure in foreign policy of any Israeli prime minister since the state’s establishment” and demanded his ouster. Mr. Netanyahu has framed his career over […]

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