01 April 2017 Kuwait: Kuwait Finance House (KFH) has introduced a foreign currencies ATM machine at the airport branch in collaboration with K-Net in efforts to meet customers’ aspirations by offering them the best banking services and the most convenient banking experience as per highest standards of quality. “This ATM enables KFH and non-KFH customers to withdraw up to 4 different currencies; Dollar, Euro, Dirham and Riyal […]
FUJAIRAH // Sheikh Mohammed bin Rashid offered his condolences to Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, on the death of the emirate’s Deputy Ruler. The Vice President and Ruler of Dubai visited the majlis at Al Remailah Palace in Fujairah, where he was also met by Sheikh Mohammed bin Hamad, Crown Prince of Fujairah, and the sons of the late Sheikh Hamad bin Saif […]
By Antoni Slodkowski | YANGON YANGON The leader of a Rohingya Muslim insurgency against Myanmar’s security forces said on Friday his group would keep fighting “even if a million die” unless the country’s leader, Aung San Suu Kyi, took action to protect the religious minority. Attacks on Myanmar border guard posts in October last year by a previously unknown insurgent group ignited the biggest crisis of Suu […]
The titans of the commodities industry are daring to believe the worst is over but are braced for an increasingly uncertain outlook as “me-first” protectionist policies threaten to destabilise global trade. Those were two of the key themes to emerge from the sixth Financial Times Commodities Global Summit in Lausanne last week. The head of Cargill, the world’s biggest agricultural commodities merchant, called on the commodities industry […]
With Adam Rawnsley Looking for a deal. Michael Flynn, President Donald Trump’s former national security adviser, has offered to be interviewed by the FBI and House and Senate investigators examining the Trump campaign’s potential ties to Russia, in exchange for immunity from prosecution, “but has so far found no takers,” according to the Wall Street Journal. In a statement on Thursday evening, Flynn’s lawyer Robert Kelner, […]
Government led investment is driving a surge in domestic tourism across Saudi Arabia – with experts predicting a 40 percent surge in the number of internal trips made between 2015 and 2020. The Euromonitor International Tourism Forecast report, prepared ahead of The Hotel Show Saudi Arabia 2017, has revealed record levels of domestic travel within the kingdom. Following the announcement of Saudi Vision 2030 – the country’s […]
BEIRUT/ANKARA: More than 5 million Syrians are now refugees, the UN said Thursday, as aid groups urged the international community to end the country’s six-year war and provide more assistance.The new figures mean around a quarter of Syria’s population has fled since the March 2011 start of a conflict that has killed over 320,000 people.The UN refugee agency UNHCR urged more international assistance, with spokeswoman Cecile Pouilly […]
Any sufficiently advanced parody is indistinguishable from reality. That’s an extreme paraphrase of Poe’s Law, but it applies to so much of our world today. Including the management of Twitter. On Thursday, Twitter announced more changes to the way it works. Soon after, an image started circulating which supposedly explained these changes. And it was so confusing. “Replies now part of Timeline. Timeline and TimelLine are now […]
But it was not immediately clear whether the approval of the new settlement was meant to be a provocative move to scuttle the prospect of a revival of peace talks. Mr. Netanyahu said he was following through on a pledge he made a few weeks ago to 40 settler families who were evacuated from the illegal Amona outpost in the West Bank. That outpost was removed by […]
Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial public offering, expected to be the world’s largest equity sale, sources familiar with the matter told Reuters. The trio join Moelis & Co and Evercore, which have been appointed independent financial advisers, one source said. The company has also appointed Saudi Arabia’s NCB Capital and Samba Capital […]
The State Department on Wednesday notified Congress of its intent to proceed with the sale without the conditions, according to Micah Johnson, a spokeswoman for the Senate Foreign Relations Committee. Congress now has two review periods to examine the sale and raise any objections. Continue reading the main story Mr. Tillerson will attend his first meeting of NATO on Friday in Brussels, where he may run into […]
Filthy rich and already boast enough glass slippers to win a dozen princes? Italian shoemaker Antonio Vietri has the thing for you: 24-carat gold shoes. Vietri, from Turin in northern Italy, hopes to attract shoppers from wealthy Gulf countries with his blue or black suede moccasins with stitched gold-plated uppers. “These are the first shoes in the world in 24-carat gold,” he told AFP. “The particularity of […]
“We recognized the nature of the fight was going to change and that we had to ensure that authorities were down to the right level and that we empowered the on-scene commander,” General Votel said. He was speaking specifically about discussions that he said began in November about how the fights in Syria and Iraq against the Islamic State were reaching critical phases in Mosul and Raqqa. […]
Etihad Airways will offer free Wi-Fi and iPads to its first and business class passengers on all its US-bound flights from Abu Dhabi from April 2. The service comes in response to the US government’s ban on large electronic devices in airline cabins, which came into effect last Saturday. It affects US-bound flights from Jordan, Egypt, Turkey, Saudi Arabia, Morocco, Qatar, Kuwait and the UAE. All the […]
Oman is most likely to face a “forced currency devaluation” in coming years due weak oil prices and low financial buffers, according to a new report. In its report issued on Wednesday, BMI Research, a Fitch Group Company, said that the “probability of such a move is rising.” Oman’s crude oil price have declined to $45.9 per barrel driven by weakness in global energy markets since early-2017, […]
British and US bans on laptops and tablet computers in flight cabins are not sustainable in the long term, the head of the association representing airlines said Tuesday. “The current measures are not acceptable as a long-term solution to whatever threat they are trying to mitigate,” said Alexandre de Juniac, director general of the International Air Transport Association. “Even in the short term, it is difficult to […]
In a country that is becoming increasingly modern and globalised, there is a renewed focus on what it means to be Emirati and what can be done to preserve local heritage. This weekend, the courtyard of Al Ain Palace will be transformed into a traditional market, with food stalls and demonstrations of traditional medicine practices, such as hijama and tajbeer splinting, for the campaign “My Heritage, My […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
AMMAN: The 2017 Arab Summit started today in Jordan with the participation of an unprecedented number of Arab leaders, whose agenda was topped by the issues of Palestine, terrorism and Arab coordination.Since early Tuesday, leaders of Arab states started arriving in the Jordanian capital Amman for a gathering that comes amid serious challenges and crises facing the region.UN Secretary-General Antonio Guterres also arrived in Amman on Tuesday […]
After the biggest downturn in a generation, there are reasons to think the worst of the commodities slump might be over. The Financial Times’s Commodities Global Summit began on Tuesday in Lausanne, Switzerland. Here are the main talking points from the first day. There was no shortage of talk on Opec, which in November agreed its first reduction in supply in almost a decade. Executives from some of the world’s […]
The Saudi Film Festival opened Monday with 58 homegrown cinematic works to be screened in the ultra-conservative kingdom that continues to ban public cinemas. “Welcome to all of you, filmmakers, makers of art and makers of hope,” festival director Ahmed al-Mulla told participants at the opening ceremony, which was broadcast online. The fourth edition of the festival had been slated to run from March 23-28 in the […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
The Gulf emirate of Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. Qatar has acquired more than $335 billion worth of assets around the globe, buying up trophies such as London’s Shard, the tallest building in Europe. The emirate has also […]
Jordan’s state media say public and private sector officials from Saudi Arabia and Jordan have signed 15 economic agreements, including establishing a joint fund that will launch an estimated $3 billion worth of investments in Jordan. The Petra news agency says the agreements were signed after a meeting late Monday between Saudi King Salman and Jordan’s King Abdullah II. Planned projects include reconstruction and rehabilitation of a […]
