A protest rally in Malaysia against the government of Najib Razak — who is fighting allegations of grand corruption linked to a troubled state investment fund — brought thousands onto the streets of Kuala Lumpur but also spurred a widening official crackdown. Although Saturday’s rally passed off peacefully, 15 activists and opposition politicians have been arrested on charges which human rights campaigners described as “manufactured”. The charges […]
Solar panels at the moment are not super-affordable, and they are not yet at a position where homeowners could replace their regular roofs with only solar panels. However, Elon Musk, the man behind Tesla and SpaceX, is hoping to make some big changes in this field. Not long ago, Tesla merged with SolarCity, and 85 percent of the shareholders approved the deal. Now, after a meeting with […]
By Tetsushi Kajimoto and Cynthia Kim | TOKYO/SEOUL TOKYO/SEOUL Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury’s monitoring list, along with Germany and Switzerland, having met […]
|By Arabian Post Staff| Dubai residential prices further slipped by 2.6 percent during the third quarter, taking the average residential values down 7.4% during the past twelve months, reports real estate consultants Cluttons. The rate of decline is, however, expected to slow heading into 2017 before reaching a new base towards the end of next year, it forecasts. Cluttons’ Dubai Winter 2016/2017 Property Market Outlook report highlights that values slipped […]
Your daily guide to community and cultural activities across the Emirates for November 19, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Ladies’ event Head to Yas Waterworld today for Ladies’ Day and enjoy access to more than 40 rides, slides and attractions in a private setting staffed entirely by women. Today, 10am to […]
A Saudi-led military coalition will start a 48 hour ceasefire in Yemen’s war at 1pm (0900 GMT) on Saturday, the official Saudi Press Agency (SPA) reported. The truce will be extended if Yemen’s Houthi movement shows commitment to it and if the group allows humanitarian aid into areas under siege, the news agency reported. The coalition has been fighting Houthi rebels and forces loyal to former president […]
India’s government is taking a hardline stance over renewing a trade deal with the Netherlands just days before it expires, which European officials warn could undermine business ties with the rest of the EU. The bilateral investment treaty between the two countries will end on November 30 — the first in a succession of such agreements that New Delhi has decided to terminate as it looks for more […]
In late October, when it was still conventional wisdom that Hillary was “guaranteed” to win the presidency, the WaPo explained that among the neo-con, foreign policy “elites” of the Pentagon, a feeling of calm content had spread: after all, it was just a matter of time before the “pacifist” Obama was out, replaced by the more hawkish Hillary. As the WaPo reported, “there is one corner of […]
RIYADH, SAUDI ARABIA : 20 November 2016 Thomson Reuters announced today that it was selected as benchmark administrator and calculation agent for the Saudi Arabian Interbank Offer Rate (SAIBOR). The appointment is part of an agreement with the Saudi Arabian banking industry. The arrangement is authorised by the Saudi Arabian Monetary Authority (SAMA), as part of its regulatory mandate over the banking sector, where this initiative will […]
By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a […]
ABU DHABI // The UN High Commissioner for Refugees has praised the UAE’s pledge to take in 15,000 Syrian refugees, calling it an example for other countries to follow. “It is something I was very happy to hear in New York,” said Filippo Grandi, the UN high commissioner who was in Abu Dhabi on Saturday for the Sir Bani Yas Forum, at which the Middle East’s greatest […]
RIYADH: A 48-hour cease-fire announced by the Saudi-led Arab coalition on Saturday was violated many times by the Iranian-backed Houthi militias. Maj. Gen. Ahmed Al-Asiri, spokesman for the Arab coalition forces, told Arab News that the Houthis had violated the truce inside Yemen as well as along the border with Saudi Arabia. “Yes, they violated the truce by firing inside Yemen and on the border with Saudi […]
The UAE has joined France and the Netherlands in the list of top three countries with the fastest growing group of happiness professionals in the world, a LinkedIn survey said. In the UAE alone, the number of happiness officers in public and private sector have doubled since 2015, it added. In February 2016, Ohood Al Roumi was named as the first UAE’s Minister of Happiness in February […]
The organizers pressed ahead because holding the races near the large population of the Northeast corridor could pay dividends in revenue and attention. And if Killington’s gamble succeeds, it could set the stage for the region to become a fixture on the World Cup circuit. Continue reading the main story It is hardly a sure thing. Climate change has already troubled elite ski racing for several years […]
After everyone from Jesse Jackson, to the terrified mainstream media to prominent Congressional Democrats have called upon Obama to issue a blanket pardon for Hillary Clinton, he finally admitted that it’s not possible to pardon someone who hasn’t yet stood trial for a crime. And while Obama was referencing a potential pardon of Edward Snowden with his comments, one could assume that the law should be applied […]
AL AIN // A portable device that can easily detect pollutants in water used for crops and landscaping has been designed and made by four UAE University students. The project, which is awaiting patent, was created as an alternative to the bulky, time consuming and expensive methods employed by scientists for use in developing countries as well as the UAE. It will be used to test grey […]
19 November 2016 Doha, Qatar: Commercial Bank, Qatar’s first private bank, is proud to announce it has won the “Best Cash Management Bank in Qatar” award at The Asian Banker Middle East & Africa Transaction Banking Awards 2016, held in Dubai. The Asian Banker is an authoritative provider of strategic business intelligence to the Asian financial services community. Judged by an international board of advisors, applicants were […]
Sunday’s Grand Prix race in Abu Dhabi will decide who wins the F1 championship – and Sean Paul is just as revved up for his upcoming performance on the Corniche. The Jamaican dance-hall king will headline on Friday, day two of the free Beats on the Beach festival – followed by a show at Mad nightclub on Yas Island the same night – and says he is […]
November 19, 2016 by: Neil Hume and Tom Burgis The former Lazard banker who helped Rio Tinto secure rights to a giant iron ore deposit in Guinea was also working as an informal adviser to the country’s president and had access to “highly confidential” information. The disclosure raises the question of whether the Anglo-American mining company broke anti-corruption laws when it paid François Polge de Combret $10.5m […]
November 19, 2016 by: Jeevan Vasagar in Kuala Lumpur Malaysian authorities have intensified their crackdown on anti-corruption protesters, detaining the leader of a campaign group under antiterrorism legislation as thousands of demonstrators gathered on the streets of the capital demanding the resignation of prime minister. Protesters in yellow T-shirts flooded the streets of Kuala Lumpur on Saturday, waving Malaysian flags and caricatures of Najib Razak, who has […]
When the UAE implements its framework for public-private partnerships, as announced earlier this month, there will be a list of potential projects up for grabs. But none is more urgent than the commuter corridor between Dubai and Sharjah. Conspicuously neglected, Al Ittihad Road is arguably the worst bottleneck in the country, if not the region. The three-lane highway is guaranteed to turn into a car park — […]
Video Russia Begins New Offensive in Aleppo Russia’s defense secretary, Sergei K. Shoigu, revealed some details of the renewed military strikes on Syria after a relatively calm few weeks. By THE NEW YORK TIMES on Publish Date November 15, 2016. Photo by Abd Doumany/Agence France-Presse — Getty Images. Watch in Times Video » BEIRUT, Lebanon — Warplanes resumed airstrikes on the besieged rebel-held sections of Aleppo, Syria, […]
Huawei has secretly slid in a new variant of the Mate 9, its flagship killer, bringing the total variants to three with the Mate 9 Pro, the Mate 9 Porsche edition and now the Mate 9 Lite, the a new shrunk down version of Huawei’s flagship, specs and size-wise. The Mate 9 Lite has one major drawback, however, and it’s the lack of Leica shooters in the […]
Greencore, Britain’s biggest sandwich maker, has been planning to “deepen its leadership of food-to-go”. As Lucy Kellaway has pointed out, sandwiches don’t need leadership (they need fillings) but this week Greencore deepened its leadership by paying $747m for Peacock, a US sarnie supplier. The deal went down like a fresh BLT and the shares rose at the sight of food-to-go leadership in action. Despite the grisly record […]
