|By Arabian Post Staff| Japanese retailer Daiso opened at Bawabat Al Sharq Mall in Abu Dhabi this week. The newly opened store is the 11th store in Abu Dhabi and the 32nd in the UAE, bringing the total count in the GCC region to 49. The store is located on the first floor of the mall, opposite the Food Court, and boasts of 4,500 square feet. Daiso […]
|By Arabian Post Staff| EFS Facilities Services, a regional leader in delivering integrated facilities management services across the Middle East, Africa, South Asia, announced that the company has sustained its growth momentum by securing contracts worth AED 1 Billion across its operating regions. The company was awarded key contracts in its biggest markets i.e. UAE, Saudi Arabia, Qatar, Jordan, and Egypt, for both public and private sector clients […]
|By F R Chowdhury| Myanmar (previously known as Burma) is a vast country of 676,550 sq. km. or 261,217 sq. miles on the north-east coast of Bay of Bengal. Basically it is between Bangladesh and Thailand though it has also long common border with India and China. Its population is only about 49 million. Majority are Buddhists. Next large population is ethnic Bengali Muslims and a small percentage […]
|By Arabian Post Staff|New issues for the remainder of 2017 are estimated to be in excess of USD 20 billion, as a result of favourable market conditions, according to Fisch Asset Management. An encouraging landscape for new bond issuances in the GCC will likely see a USD sovereign deal between Saudi and Bahrain, while Oman is anticipated to confirm new issues, depending on the size of deficits. […]
|By Matein Khalid| Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor to cheers and the Dow Jones Index rise 150 points when news broke that Trump had fired his alt-right, white nationalist chief strategist […]
|By Arabian Post Staff| Starz Play, MENA region’s fast growing on-demand video streaming service has raised a total of US$125 million since inception, including new 2017 commitments from leading global industry investors Starz, a Lionsgate company, State Street Global Advisors (SSGA), in its capacity as an advisor and manager of private equity, and media and technology investment firms SEQ Capital Partners and Delta Partners. The new investment funds […]
|By Arabian Post Staff| Al Jazeera Media Network has come forth with its own list of demands as Saudi Arabia, the United Arab Emirates, Bahrain and Egypt demand the closure of all its outlets including broadcast channels and websites. In response to the demands and reinforcing its independent voice, the network made a call for solidarity in the pursuit of press freedom. This call reinforces the importance of preserving the rights of people to have […]
|By Arabian Post Staff| UAE’s National Bonds Corporation announced the results of its 2016 Savings Index for select GCC countries based on a survey conducted across Saudi Arabia, Bahrain, Kuwait and Oman. The results showed that the UAE recorded the highest percentage of regular savers – 37 percent – compared to 25 percent in Saudi Arabia and 27 percent in the rest of the surveyed GCC countries […]
|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]
Dubai-based Fetchr, a delivery-business and consumer technology app, has secured $41 million in a Series B financing round led by New Enterprise Associates Inc. (NEA), the start-up announced. The app addresses the “no address problem” in emerging markets, typically encountered by traditional companies delivering packages to customers. In a region where more than 80% of users have smartphones, fetchr is tackling delivery challenges by going directly to […]
The president’s packed schedule is filled with opportunities for Mr. Trump to slip up, publicly or privately: back-to-back discussions with the leaders of other nations, many of whom are veteran negotiators well versed in issues they care deeply about. Continue reading the main story By contrast, it could also serve as a much-needed change of subject for a president besieged at home with an agenda frozen by […]
UNITED NATIONS U.S. Ambassador to the United Nations Nikki Haley said on Wednesday she will visit Turkey and Jordan from May 19-25 to see how Syrian refugees “are coping, day in and day out,” to see U.N. humanitarian work and highlight the U.S. aid response. It will be the first overseas trip by Haley, a member of President Donald Trump’s cabinet, and follows a bid by Trump […]
At the same time, the Palestinian Authority president, Mahmoud Abbas, generally seen as hesitant, or even obstructionist, may to Mr. Trump seem the most accommodating. Continue reading the main story It is at once a case study in why this region is so unpredictable and a test of whether the new president is in over his head or knows something his many failed predecessors did not. “We […]
NEW LONDON, Conn. U.S. President Donald Trump said on Wednesday he would use his upcoming trip to Saudi Arabia to challenge the leaders of Muslim countries to “fight hatred and extremism” while pursuing a peaceful future for their faith. Speaking to the graduating class of the U.S. Coast Guard Academy, Trump said he would seek new partners in the region because “we have to stop radical Islamic […]
Oil prices gained further Tuesday, boosting energy companies’ shares, after Russia and Saudi Arabia indicated they could extend an output cut into next year, while the euro struck a six-month dollar high. The world’s top two crude-producing nations raised the idea at the weekend, with a deal agreed between OPEC — of which Saudi Arabia is the key player — and Russia coming to an end in […]
Dubai Economy has launched a new initiative to certify e-commerce websites in an attempt to protect consumers, it announced on Tuesday. E-commerce companies operating in mainland Dubai as well as free zones can apply for certification through the ‘Digital Protection’ initiative. It is intended to encourage best practices across online transactions and increase consumre confidence in digital retail. At present, the Middle East region is primarily a […]
● Trump controversies rattle nerves● Dollar index hits fresh six-month low● S&P 500 futures slide, dragging down other equity benchmarks● Yen, gold and Treasury prices rise as traders seek havens● Oil relapses after strong rally The dollar is sliding to six-month low and US equity futures are in retreat as investors fret that president Donald Trump’s ability to push through his mooted pro-growth policies is under threat. […]
“It’s a huge burden on the American psyche to have a president go abroad when a sword of Damocles is hanging over them at home,” said Douglas Brinkley, a professor of history at Rice University and an expert on the presidency. “It turns our president, instead of representing the best of America on the road, into a traveling can of worms.” Continue reading the main story Mr. […]
Riyadh, 16 May 2017: Under the patronage and inauguration of H.R.H Prince Faisal Bin Bandar Bin Abdulaziz Al Saud, Governor of Riyadh, Al Jazirah Vehicles Agencies has opened successfully the world’s largest Ford’s dealer showroom in Riyadh branch of Al Jazirah Vehicles, the sole authorized dealer of Ford and Lincoln vehicles in Saudi Arabia, located on Khurais road. The opening was attended by a number of officials, […]
Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visits Saudi Arabia, according to two people familiar with the matter. The world’s biggest crude oil exporter plans to sign accords also with Baker Hughes, KBR Inc., Jacobs Engineering Group Inc., Nabors Industries Ltd., Weatherford International Plc, McDermott International […]
Yemen’s Shiite Houthi rebels declared a health emergency in the capital Sana’a after thousands of people were infected with cholera, the Saba news agency reported. Cholera has spread through all the city’s districts, infecting 2,567 people, the rebel-controlled news agency said on Sunday. The disease, transmitted by contaminated food and water, has claimed 116 lives in 14 provinces during the last two weeks, the International Committee of […]
Doha May 16, 2017 Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar. The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers […]
An intense and disturbing 30-part drama series showing what is life like under ISIL and how the terrorist organisation recruits women will make its debut on the MBC television channel during Ramadan. Al Gharabeeb Al Soud (meaning Black Crows) is considered to be the first Arabic television show to delve into the rise of extremism in the region from a female perspective, relying on real-life accounts and […]
Sheikh Mohammed bin Zayed met Donald Trump for talks in Washington on Monday, as the White House announced a defence cooperation agreement between the two countries. Sitting alongside one another in the Oval Office, the US president called Sheikh Mohammed a “very special person” who loves his country and loves the US. The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces is […]
Vodafone redials its Indian impairment numbers. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Hailing from the country that gave India cricket, Victorian railway architecture and a penchant for bureaucracy, Vodafone might have expected a little goodwill on the subcontinent. Instead, India has given the British mobile phone operator a price war, […]
In one episode from the series, a Yazidi slave is sent to clean an Islamic State fighter’s room, where his bored wife asks if the woman is hungry or would like to watch a movie. The captive woman is outraged. Video Scene From ‘Black Crows’: The Women of ISIS A Yazidi slave kept prisoner by an Islamic State fighter confronts his wife in a scene from “Black […]
JERUSALEM Israel wants the White House to explain why a U.S. diplomat preparing President Donald Trump’s visit to Jerusalem said Judaism’s Holy Western Wall in its Old City is part of the Israeli-occupied West Bank, an Israeli official said on Monday. Israel considers all of Jerusalem as its indivisible capital, a claim that is not recognised internationally, and the Western Wall – the holiest prayer site for […]
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, By the end of this month, Defense Secretary James Mattis and National Security Advisor HR McMaster will deliver to President Trump their plans for military escalations in Afghanistan, Iraq, and Syria. President Trump would be wise to rip the plans up and send his national security team back to the drawing board – or […]
ABU DHABI // Sheikh Mohammed Bin Zayed met Donald Trump for talks in Washington on Monday, as the White House announced a defence cooperation agreement between the two countries. Mr Trump’s press secretary, Sean Spicer, said the agreement, which was concluded “recently”, would allow the UAE and United States “to work more closely together to address common security threats”. “The [US] president hopes to work together even […]
Dubai, 15 May, 2017 SAMENA Telecommunications Council today announced global technology leader Nokia as the newest addition to its membership. Nokia, the leading provider of state-of-the-art end-to-end telecom infrastructure solutions, has unparalleled credentials in enabling infrastructure for next generation mobile as well as fixed broadband networks including 5G and the Internet of Things. Nokia is focused on developing solutions that expands the human possibilities of the connected […]
