The UAE has moved up a global list of the best destinations for expats to enjoy a successful career while Bahrain is also in the world’s top 10 places to move to. The UAE now ranks as the fourth best destination after moving up two places on 2015 in the new data released by HSBC. Bahrain, ranked 10th, fell three places compared to last year’s list, while […]
Welcome to a new year and the pressing market issues facing investors as they look to put money to work and navigate 2017. Geopolitical surprises upended expectations last year and few predicted that 2016 would end with a global bull market in equities, while bond yields remain relatively low. Will strategists be any better at forecasting this time around? Here are the big questions that will preoccupy […]
CAIRO Islamic State claimed responsibility on Monday for a New Year’s Day mass shooting in a packed Istanbul nightclub that killed 39 people, an attack carried out by a lone gunman who remains at large. The jihadist group made the claim in a statement on one of its Telegram channels, a method it has used to claim attacks in the past. There was no immediate comment from […]
Submitted by Federico Pieraccini via Strategic-Culture.org, The two previous articles have focused on the various geopolitical theories, their translations into modern concepts, and practical actions that the United States has taken in recent decades to aspire to global dominance. This segment will describe how Iran, China and Russia have over the years adopted a variety of economic and military actions to repel the continual assault on their sovereignty by the […]
Saudi Arabia has invited an Iranian delegation to partake in discussions over efforts to accommodate Haj pilgrims from the Islamic Republic after a dispute resulted in their absence at the religious event earlier this year. Saudi Minister of Haj, Dr Mohammad Saleh bin Taher Benten, said the Saudi government welcomes all pilgrims and visitors irrespective of nationality and religious affiliation. He added in comments published by Kuwait […]
ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has congratulated the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud on the second anniversary of his accession to the throne of Saudi Arabia. Sheikh Mohammed described the occasion as important and historic. “Today is the second anniversary of the accession of the […]
An Egyptian appeals court on Saturday upheld an agreement to give control of two islands in the Red Sea to Saudi Arabia, providing a boost for the government in a case that has prompted rare street protests. The territorial deal, announced in April, caused public uproar among many Egyptians who said the uninhabited islands of Tiran and Sanafir belonged to their country. The case has become a […]
Ten inmates have escaped after an “armed attack” on a high-security prison in Bahrain, with one policeman killed in what the Gulf state called a “terrorist operation”. The interior ministry said the escapees from Jaw prison included a number of prisoners held on terrorism-related charges. “Policeman Abdulsalam Saif was martyred trying to deal with the terrorist elements,” it said. The authorities said four or five assailants armed […]
Last Updated On 01 January,2017 12:58 am As we are saying pip pip to the year 2016, let’s scroll through the most significant happenings of soon-to-be previous year. While doing so, we will get to know that some of the events and happenings can truly be termed as defining moments in history. One of such phenomenon was Panama Leaks that for a moment not only shook the […]
DUBAI At least five Saudi citizens were among 39 people killed in an attack on New Year revellers at a packed nightclub in Istanbul, a Saudi newspaper reported. The state-affiliated al-Riyadh paper also quoted the acting consul general in Istanbul as saying about 10 Saudi citizens were injured, adding that the consulate was following up with Turkish authorities to find out the exact number of casualties. (Reporting […]
A manhunt was underway for a gunman who opened fire on people at a packed nightclub on the shores of Istanbul’s Bosphorus waterway on New Year’s morning, killing at least 39 people, including 15 foreigners, then fled the scene. The suspect escaped the scene by changing clothes at the club after the attack, according to reports on Turkish media. There have also been rumors that there was […]
Authored by Eric Zuesse via Strategic-Culture.org, I’m a former lifelong Democrat, stating here a clear and incontestable fact: Barack Obama is a failed President. It’s true not just because of the sad realities such as that «Top Ex-White House Economist Admits 94 % Of All New Jobs Under Obama Were Part-Time» — or, as the economists Alan Krueger and Lawrence Katz wrote in the original of that study: «94 percent of the […]
Dubai’s state utility company has announced that more than 80 percent of the second phase of the Mohammed bin Rashid Al Maktoum Solar Park is complete. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world based on the Independent Power Producer model (IPP). The second phase is the first and largest of its kind in the UAE and will […]
First Avenue, the new mall and hotel project planned for Motor City in Dubai, has signed up a raft of high-profile food and beverage brands. Krispy Kreme, Costa Coffee, London Diary and Mikel Coffee are among those to have signed up and will join a total of 15 food and beverage outlets at the new motoring-themed mall, co-located with a four-star 150-room Park Inn by Radisson hotel, […]
By Mohamed Abdellah | CAIRO CAIRO An Egyptian appeals court on Saturday upheld an agreement to give control of two islands in the Red Sea to Saudi Arabia, providing a boost for the government in a case that has prompted rare street protests. The territorial deal, announced in April, caused public uproar among many Egyptians who said the uninhabited islands of Tiran and Sanafir belonged to their […]
Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016. The election of Donald Trump as U.S. president and Britain’s decision to leave the European Union have raised questions over the future of tariff-free trade and companies’ freedom to move production to lower-cost countries. Borders are back in vogue. Economic nationalism is paying political dividends. “We […]
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Oman’s first budget airline Salam Air has reportedly revised it launch plans with passenger flights now set to begin on January 30, 2017. The low-cost airline, which had previously announced it would start flights in mid-to-late December, said that its initial route will be Muscat-Salalah with international flights to Dubai International to follow on February 15, ch-aviation reported. In October it was reported that Salam Air would […]
Oman, traditionally on friendly terms with Iran, confirmed on Thursday that it had joined a Saudi-led coalition of Muslim countries fighting terrorism, a move praised by other Gulf Arab states as closing ranks with them against Iran. Saudi and Gulf sources reported the development on Wednesday, saying Omani Minister for Defence Affairs Badr bin Saud al-Busaidi had informed Saudi Arabia in a letter that it would join […]
Two beauty queens with links to the Gulf have won the latest season of The Amazing Race Asia. After they returned from filming The Amazing Race Asia last summer, Maggie Wilson-Consunji and Parul Shah could barely contain their excitement. “Don’t let our invisible crowns fool you. We are beauty-queen fighting machines,” they told their fans on social media. “We are scared but also super excited. We cannot […]
Oil prices were on track for their biggest annual gain since 2009 after the OPEC grouping and other major producers agreed to cut crude output to reduce a global supply overhang that has depressed prices for two years. US benchmark West Texas Intermediate (WTI) crude futures slipped 12 cents to $53.62 a barrel by 1400 GMT on Friday, while Brent front-month March crude futures were down 19 […]
This has already changed the course of the Syrian war. Turkey grudgingly accepted the fall of Aleppo in return for a de facto recognition of its zone of influence along the Syrian-Turkish border. Instead of supporting rebel groups fighting in Aleppo or pressuring the Assad forces besieging the city, Turkey raced to capture territory from the Islamic State before the Kurds did. The Kremlin is now not […]
WASHINGTON: Almost six months since their summer meeting to achieve closer ties, Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan took another step toward that goal by brokering a new cease-fire deal in Syria, to be followed by political talks to try to resolve the six-year-long conflict.The deal — announced simultaneously by the governments of Turkey, Syria and Russia — is a seven-point package […]
Abu Dhabi, United Arab Emirates; December 30, 2017 As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]
Saudi Arabian commercial bank deposits rose to their highest level this year in November, a sign that a liquidity crunch due to low oil prices is easing as the government liquidates foreign assets to pay its bills, official data showed on Wednesday. Bank deposits climbed to 1.624 trillion riyals ($433 billion) from 1.610 trillion riyals in October, the fourth straight month-on-month gain, the central bank figures showed. […]
