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  Not many people know about the second floor café in Building 3 at Emaar Square. Dubbed “the digital café”, it serves great food, great coffee and of course has pretty decent Wi-Fi.  It has a “google” feel to it. But when the history books of the Middle East digital revolution are one day written, chances are the café will get a chapter to itself. For the […]

The numbers involved in musical theatre are staggering, according to Nick Allott. His favourite statistic is this: The seven Harry Potter films — the most successful franchise ever — grossed a total of $13bn; the four most successful musicals — Cats, Les Misérables, Miss Saigon and Phantom of the Opera – have garnered a whopping $16bn. “A lot of people don’t know that,” says the managing director […]

DUBAI, June 11 (Reuters) – Commercial Bank of Qatar is planning to meet fixed income investors for a potential benchmark dollar bond issue starting Thursday, a document from the leads showed. The lender, rated A1/A-/A by the international rating agencies, has mandated Bank of America Merrill Lynch, HSBC and Morgan Stanley to arrange the road show. The road shows will start in Singapore on Thursday, before moving […]

DUBAI, June 11 (Reuters) – Albaraka Turk , a major unit of Bahrain-based Al Baraka Banking Group , will start fixed income investor meetings in Asia, Europe and the Middle East on Friday, a document distributed by lead arrangers said. The meeting may lead to a Reg S, U.S. dollar-denominated senior unsecured sukuk offer. In early May, a company official said the issue was expected to be […]

Doha, 24 November 2016 Muntajat, Qatar Chemical and Petrochemical Marketing and Distribution Company, will be part of ArabPlast 2017 as a sponsor. The Qatari company aims at promoting Qatar’s chemicals, polymers and fertilisers during the most important international petrochemicals, plastics and rubber forum in Middle East region, which will take place from 8th to 10th of January 2017 at the Dubai Exhibition and convention Centre. The event […]

DUBAI, June 11 (Reuters) – Pricing guidance for a ten-year sukuk issue by Emaar Malls Group, a unit of Dubai’s Emaar Properties , was tightened further on Wednesday, with final guidance issued at 185 basis points over midswaps plus or minus 2.5 bps, a document from lead arrangers said. The size of the issue will be $750 million, the document showed. On Tuesday Emaar Malls, which also […]

DUBAI, June 11 (Reuters) – Pricing guidance for a ten-year sukuk issue by Emaar Malls Group, a unit of Dubai’s Emaar Properties , was tightened further on Wednesday, with final guidance issued at 185 basis points over midswaps plus or minus 2.5 bps, a document from lead arrangers said. The size of the issue will be $750 million, the document showed. On Tuesday Emaar Malls, which also […]

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Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired HSBC to advise it on a potential purchase of a stake in ACWA Power, a developer and operator of power and water plants, sources close to the matter said. Riyadh-based ACWA Power has chosen JP Morgan to advise it on the process, the sources, who spoke on condition of anonymity as the information is not […]

John Hanke arrives at Mijita on San Francisco Bay looking more like a middle-aged indie rocker than the chief executive of a company that this summer was estimated to be making tens of millions a week. His striped flannel shirt is unbuttoned over a T-shirt bearing a compass and the words, taken from a poem in The Lord of the Rings, “Not all who wander are lost”. […]

United Arab Emirates, 24 Nov 2016 UAE students from different schools continue to showcase their unique innovations at the UAE Innovation Week 2016, which is being held from 20-26 November, under the umbrella of the Mohammed Bin Rashid Smart Learning Program (MBRSLP), the main incubator of creativity at the nation’s schools.   Ras Al Khaimah students take care of the environment and help people with special needs […]

Initially the threat posed by the Legion was primarily seen as a problem for law enforcement officials. But as the threat worsened last year, and the F.B.I. stepped up the monitoring of terrorism suspects around the country, the bureau pressed the military to focus on the group, according to current and former American officials. Continue reading the main story While American and British forces conducted a series […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets. The respite for Asian assets may be short-lived, however, with U.S. Treasury yields resuming their climb after the holiday as investors bet that President-elect Trump will adopt policies that increase spending […]

Dubai, November 24, 2016 NDIGITEC, the UAE-based creative production company, has announced that it is the creative production partner for a wide range of brand owners and exhibitors at The Big 5 Dubai – the largest construction event in the Middle East currently under way at Dubai World Trade Centre. NDIGITEC Fabrication, the main production contractor for the exhibition stands of its partners, provides conceptualization, design, production, […]

When you pull out your phone to order an Uber in ten years’ time, you’ll probably get a car that drives itself. Then again, you might not get a car at all. The taxi-hailing app is working on technology that would allow for airborne passenger drones that would take users short distances around cities. Speaking at Recode, Jeff Holden, Uber’s head of product, said that the company […]

Hopes of a fix to the collateral squeeze facing the eurozone’s €5tn short-term funding markets were boosted this week after reports emerged the European Central Bank will consider ways to ease rules on how it lends its stockpile of sovereign debt. A lack of good quality collateral, which market participants use to secure loans, has crippled the single currency area’s short-term funding (“repo”) markets. One big reason […]

So I began dressing, even making coffee, in a shed beside our house. This allowed me to roll from bed and out the door in silence, wearing little more than my underwear. I’d programmed the coffee maker outside to begin brewing precisely nine minutes before my bedside alarm rang. The timing, perfected over weeks, ensured a piping-hot beverage but spared my wife the familiar — but singularly […]

Moana Directors: John Musker and Ron Clements Stars: Auli’i Cravalho, Dwayne Johnson, Jemaine Clements Three and a half stars Hollywood behemoth Disney has certainly been mixing up the genres with its movie releases in 2016. From disaster movies (The Finest Hours), fantastical journeys (Alice Through the Looking Glass) and high-concept, chess-themed weepies (Queen of Katwe) to the usual clutch of Marvel superhero adventures (Captain America: Civil War, […]

While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009. The regional FX plunge […]

We have smartphones, wristbands, and of course, smartwatches that are able to read your heart rate. But how about a mouse? Mionix Naos QG, a gaming mouse developed in collaboration with Kickstarter and the Twitch community, is fitted with a Pixart PAH8001E1-2G heart rate sensor, as well as a Galvanic Skin Response (GSR) sensor to measure a player’s emotional state while playing video games. But how does […]

With the gardening season upon us again we narrow down the most suitable plants for our climate. newslide 1. Flame tree (Delonix regia) The Delonix regia, or flame tree, should be your go-to if you’re looking to add a splash of colour to your garden. Sprouting fiery red, orange or yellow flowers, the flame tree, native to Madagascar, is typically found in tropical or near-tropical climates. It […]

|By Arabian Post Staff| Emarat Dzayer Group, a Dubai-based diversified business conglomerate, and Groupe Imetal, a Government of Algeria undertaking, has signed an agreement to develop a US$1.6 billion (Dh5.87 billion) steel plant in Algeria’s Annaba Province. The agreement was signed on Tuesday in Algeria, on the sidelines of the Algerian-Emirati Investment Forum in the presence of Abdel Malek Sellal, Prime Minister of Algeria, Sheikh Mansour Bin Zayed […]

Russia has conducted successful intercontinental ballistic missile tests intended for its Barguzin “nuclear-train” program.  The tests for Russia’s “railway-based combat rocket system” took place on Plesetsk cosmodrone two weeks ago, Interfax reports and were “fully successful” according to a military source, which would “pave the way for further flight tests.” The tests were held to test the missiles’ launch readiness, Russian press added.  A BZhRK with a […]

A 90-metre sculpture made from 31 aluminium-clad steel tablets will grab the attention on Commemoration Day. Nick Leech was given an exclusive tour of the structure at the memorial park when it was being put together by British artist Idris Khan “What are monuments?” asks the British artist Idris Khan, designer of the memorial that will act as the focus for Commemoration Day on November 30. “The […]

With a number of iconic infrastructure projects in the pipeline for the GCC, innovation remains the focus for the region’s infrastructure and heavy industry Dubai, UAE, 23 November 2016 As the GCC gears up for multi-billion dollar infrastructure initiatives such as Dubai Expo 2020 and the FIFA World Cup 2022 in Qatar, the region’s infrastructure and heavy machinery industry has turned its focus towards exciting new sustainable […]

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