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Integrated lifestyle development establishes a new benchmark for experiential travel in the region Dubai, UAE – 27 April 2017 – Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, together with Marriott International (NASDAQ: MAR) today announced plans to launch the region’s first cinema-themed concept at Aloft Dubai City Centre Deira. The concept will feature a unique […]

When the Nasdaq Composite index first spent two days above the 5,000 mark, it signalled the last gasp of a spectacular bull market. Confidence in internet companies’ power to change the world and mint fortunes was about to collapse. Seventeen years later the market has hit a milestone of 6,000, part of a run of record highs for global equity markets. While stocks have again been rising […]

By Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders will endorse a stiff set of divorce terms for Britain at a summit on Saturday, rejoicing in a rare show of unity in adversity, but well aware that may start to fray once negotiations begin. Meeting for the first time since British Prime Minister Theresa May formally triggered a two-year countdown to Brexit in late March, the 27 […]

DETROIT Tesla Inc needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports’ top safety rating, the magazine said on Friday, noting that a recent update by the luxury electric car maker was not enough. The magazine, which provides an annual rating of vehicles sold in the United States, said on Wednesday the sedan had lost its top ranking in the ultra-luxury […]

By Jack Kim and Michelle Nichols | SEOUL/UNITED NATIONS SEOUL/UNITED NATIONS North Korea unsuccessfully test-fired a ballistic missile on Saturday from a region north of its capital, Pyongyang, South Korea’s military said, defying intense pressure from the United States and the reclusive state’s main ally, China. The test came as U.S. Secretary of State Rex Tillerson warned the United Nations Security Council that failure to curb North […]

Average apartment sales prices in Abu Dhabi fell by 1 percent in the first quarter of 2017 while villa prices slumped by 9 percent amid wide-scale downsizing in the emirate, according to Chestertons. The real estate agency’s Abu Dhabi Residential Market Q1 2017 report also said rents for apartments and villas fell by 3 percent in the same period. “Sales prices are expected to further decline due […]

BAGHDAD Four Iraqi traffic policemen were killed on Friday when a suicide car bomb blew up outside their station, close to a street where several foreign media have offices in Baghdad, a security spokesman said. Five people were also wounded by the blast on Abu Nawas street, which runs alongside the east bank of the Tigris river, he said. The French embassy is located in the same […]

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I was at an event recently that screened a 1956 short film—Key to the Future—in which GM envisions what self-driving cars would look like in 1976. The footage—with a uniformed guy in a control tower directing a singing family along a highway for autonomous vehicles—inspired chuckles from the audience. One aspect of the video that did become a reality is the interstate highway system, a […]

Nobody should ever attempt to judge an investment over a period of just 100 days. It is far too short a time to assess the quality of performance and far too prone to random effects. And in any case, most of us need results over very much more than 100 days. It is therefore a little random to be judging the Trump presidency’s impact on investors after […]

By Girish Gupta | LOS TEQUES, Venezuela LOS TEQUES, Venezuela Hundreds of activists marched on Friday to the hilltop jail of Venezuela’s best-known detained opposition leader Leopoldo Lopez in the latest of a month of protests against the socialist government. Security forces blocked access to the decrepit-looking penitentiary next to a slum in Los Teques, an hour’s drive from the capital Caracas, as the demonstrators shouted “Leopoldo!” […]

Police and townsfolk in Waynesboro, Virginia, are trying to figure out why someone is abducting pet cats and returning them with hairless underbellies. Since December, at least seven cats have suddenly shown up at their homes with shaved belly, groin and leg areas, Waynesboro Police Captain Kelly Walker said on Friday. “The shaving appears to be almost surgical,” Walker said. No harm was done to the animals, […]

By Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders at a Brexit summit on Saturday will give a formal undertaking to embrace the British province of Northern Ireland in the EU if a referendum unites the island, diplomats said on Friday. Irish Prime Minister Enda Kenny has asked fellow members of the bloc to acknowledge that Northern Ireland would, like East Germany in 1990, automatically enter the […]

Boarding completed, seatbelts are fastened and the aircraft is slowly rolling over the tarmac to the runway, almost ready for takeoff. But before the plane can leave the ground, all passengers are made aware of the safety features on board via video on screen. Safety videos are a necessary form of visual communication to ensure all passengers can follow procedures in case of an unlikely emergency. However, […]

The Government Accountability Institute, a conservative investigative research group run by conservative writer Peter Schweizer, received roughly $1.7 million. Schweizer is the author of “Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich.” Bannon helped found the group, which the Washington Post reported paid Bannon $376,000 over four years for serving on its board, even as he ran […]

Our round-up of the best comment and analysis from the Financial Times during the week focuses on US corporate earnings, eurozone interest rates and the future of US economic reforms. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. The FT’s John Authers says US corporate earnings have reached a turning point — the earnings recession that […]

The US economy expanded at its weakest pace in three years during the opening months of the year, underlining the daunting task facing Donald Trump’s administration as it seeks to attain ambitious growth targets.  Gross domestic product grew at a 0.7 per cent annual rate in the first three months of 2017, according to the Bureau of Economic Analysis, a sharp drop from 2.1 per cent at […]

‘Demagogic’ populism does not help cause of peace. The pope invoked Egypt’s “glorious history” as an ancient cradle of civilization to argue on Friday that the delivery of a more peaceful future required a new civility that appreciated differences, resisted the violent path of close-minded absolutism and condemned extremists who camouflage terror in religious language. Continue reading the main story “An education in respectful openness and sincere […]

KUALA LUMPUR: The Ministry of Education is open to receiving feedback from the public on caning of students in school, said Deputy Education Minister Datuk Chong Sin Woon. “At this moment we would not consider to abolish corporal punishment, but we are always open for opinions. If the public think we have to stop it totally, we have to discuss (it first),” he said. He was commenting […]

Sheikh Mubarak Al Sabah Hailed Industry Pioneer at Arabian Hotel Investment Conference April 28 2017, Dubai UAE: His Excellency Sheikh Mubarak A M Al Sabah, founder and chairman of Action Hotels has been acknowledged by the region’s hospitality sector after receiving the signature Industry Pioneer award presented by His Highness Sheikh Ahmed bin Saeed Al Maktoum at the Arabian Hotel Investment Conference (AHIC 2017) in Dubai (yesterday, […]

Violence erupted in Macedonia’s parliament as tensions between ethnic Albanian minorities and nationalists boiled over, prompting sharp rebukes from Western governments. Protesters supportive of the nationalist VMRO-DPMNE party, as well as individuals clad in identity-concealing hoods, stormed parliament on Thursday night local time, violently accosting at least lawmakers and journalists. Police say the violence left 102 inside and outside parliament injured. Parliament had just managed to break […]

By Jacob Greaves and Kylie MacLellan | LONDON LONDON The election campaign launch of Britain’s eurosceptic UK Independence Party got off to a troubled start on Friday, when protesters accused its leader Paul Nuttall of promoting racist propaganda after he promised to ban full face veils. UKIP, whose former leader Nigel Farage helped drive support for Brexit before last year’s referendum, was once seen as a threat […]

I’m a PC gamer who hasn’t owned a home video game console in five years. I don’t mention that to obnoxiously flex my PC Master Race muscles or look down upon filthy console peasants. Instead, it’s to highlight how thoroughly done I am with those generic black boxes that sit in entertainment centers and simply…exist. I may not be the most hardcore PC gamer, but […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. When Barack Obama was vacationing recently with Bruce Springsteen, Tom Hanks and Oprah Winfrey aboard a $300 million yacht in Tahiti, one wonders if he ever hummed Springsteen’s “All Or Nothin’ At All.” At the moment, it seems like he […]

The Abu Dhabi International Book Fair continues this weekend with over 50 sessions ranging from panel discussions, In Conversation sessions and book signings. Emirati authors Reem Kamali and novelist Lulwah Al Mansouri will lead the Friday session, The Emirati Narrative Scene: The Rise of the Feminine Voice, at the Al Multaqa Literary Salon at 7.30pm. The duo will shed light on the how the female protagonist has […]

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