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Your daily guide to community and cultural activities across the Emirates for December 28, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Dubai Art exhibition See the exhibition As If Anything Here Belonged To You, in which artist Cecilia Fattorini presents works about our impact on the world, sourcing her subject matter from the rhythms and […]

Chinese retail investors may be able to dream of Picasso while hanging share certificates on their walls. A Singapore-based Chinese billionaire investor, who this year acquired stakes in peer-to-peer group Lending Club, Legg Mason, the fund manager and Sotheby’s, has proposed “securitising” the artist’s work to create fractional ownership and tap a wider market in Asia. Chen Tianqiao and his wife Chrissy Luo, co-founders of investment group […]

Doha, 27 December, 2016 Five fellowship programs at Hamad Medical Corporation (HMC) have achieved accreditation by the ACGME-I, the international arm of the Accreditation Council for Graduate Medical Education (ACGME), designed to ensure the high quality of training of doctors in their residency and fellowship years. This achievement solidifies HMC’s position as an internationally recognized teaching institution and academic medical center and is instrumental in helping to […]

Region’s Largest Financial Advisor Observes “Troublingly Low” Penetration Rates across the Country Key Benefits Include Medical Emergency Coverage, as well as Compensation for Flight Delays and Loss of Personal Belongings 22 December 2016 Dubai, United Arab Emirates UAE holidaymakers are putting themselves at increased risk of facing serious financial repercussions by not taking measures to adequately cover themselves in the event of a travel emergency, experts […]

Australia’s cybersecurity capabilities and researchers will be showcased to global players in the United States in February, in a delegation sent to the RSA Conference in San Francisco led by Special Adviser to the Prime Minister on Cyber Security Alastair MacGibbon and recently appointed CEO of the Australian Cyber Security Growth Network Craig Davies. According to Nicola Watkinson, Austrade’s senior trade and investment commissioner for North America, […]

SINGAPORE: Flash floods were observed in several parts of Singapore on Saturday (Dec 24), the day before Christmas.  According to the Land Transport Authority’s Twitter page, areas affected include Cairnhill Road, Newton Circus and on the Pan Island Expressway (PIE) near the Stevens Road exit.  Pedestrians walking in the rain as water floods the streets of Upper Thomson. (Photos: Tiffany Cheng) Photos sent to Channel NewsAsia also […]

By Timothy Mclaughlin and Renita D. Young | CHICAGO CHICAGO A Singaporean blogger who has stirred controversy in his home country is being detained by U.S. immigration officials, the Department of Homeland Security said on Friday. Amos Yee, 18, who was jailed earlier this year in the Southeast Asian city-state, was stopped by customs agents at Chicago’s O’Hare International Airport on Dec. 16 as he sought political […]

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22 December 2016 Ashtead Technology has announced the acquisition of Abu Dhabi based TES Survey Equipment Services LLC for an undisclosed sum. The acquisition will enable the leading independent provider of subsea equipment and services to the offshore oil and gas industry to significantly increase its customer service offering in the Middle East, a region which has strong growth potential for Ashtead. Established in 2007 by Susan […]

After the heavy attention on ocean-based plastic pollution, the focus is moving to plastic pollution in the Great Lakes. According to a new study by Rochester Institute of Technology researchers, approximately 10,000 metric tons of plastic waste has been entering the Great Lakes every year from the United States and Canada. The study, “Inventory and transport of plastic debris in the Laurentian Great Lakes,” has Matthew Hoffman, assistant […]

More than four decades after a sweeping British military withdrawal from bases “east of Suez”, the UK is scaling up its defence engagement in the Gulf and Asia in what analysts regard as a recognition of the region’s growing global importance. Britain is reopening a naval support facility in Bahrain, creating a permanent army presence in Oman and establishing new defence staff centres in Dubai and Singapore. […]

After India took the radical step of voiding the majority of its currency overnight to cut corruption and the nation’s reliance on cash, other countries with similar problems have been watching closely. Venezuala already followed suit by taking nearly half its bank notes out of circulation and now some politicians in Pakistan, India’s rival and neighbor, want their country to do the same. The upper house of […]

AP Images A new European Court of Justice ruling has made it more difficult for Britain to seal a major trade deal with the European Union post-Brexit. The European Court of Justice’s Advocate General Eleanor Sharpston published a legal opinion saying that all 38 national and regional parliaments, around five regional and linguistic parliaments in Belgium, and at least five upper chambers in Europe have to approve […]

By Sue-Lin Wong | YANJI, China YANJI, China The brightly coloured packages advertising “Walleye Pollock” at the West Market in Yanji, a Chinese city near the border with North Korea, say the fish came from China.     But 15 vendors interviewed at the market say the fish came in from North Korea to be processed, packaged and mostly sold in China. They say they buy the […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices nudged higher on Wednesday on expectations of a U.S. crude inventory draw, although trading activity was muted as markets start to wind down ahead of the Christmas weekend. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were trading at $53.58 per barrel at 0105 GMT, up 28 cents from their last settlement. International Brent crude oil futures LCOc1 […]

Turkey’s lira, the second-worst performing currency of 2016, reverted to type with a bout of volatile trading after the country’s central bank kept interest rates unchanged. After strengthening by nearly 1 per cent ahead of the meeting, the lira came back under pressure and was trading at around TL3.54 to the dollar, although another bout of volatility subsequently pushed it higher in late London trading. Concerned about […]

If not for his colleague’s warning, the consequence could have been dire for Mr Muhamad Rozaidy. She called out: “Careful, there’s an oncoming vehicle!” Mr Rozaidy, 31, reacted quickly and drove his Kia Pregio from the middle to the left lane. Seconds later, a silver Mercedes blitzed past them against the traffic at a speed that he estimated was about 120kmh. He told The New Paper that […]

Bank also aims to raise interest in Emirati youth to pursue banking and financial careers Dubai, 19 December, 2016 Emirates NBD, a leading bank in the region, has launched a brand new edutainment mobile simulation game, ‘Banki’ in its efforts to promote financial literacy in the UAE. Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the international benchmark for oil prices, were trading at $55.57 per barrel at 0401 GMT, up 36 cents, or 0.7 percent, from their last close. U.S. West Texas Intermediate […]

While an overseas buying spree by Chinese companies has grabbed headlines, more mundane activity such as trade finance and corporate cash management are a much bigger strain on China’s foreign exchange reserves, analysis of official data shows. The dominance of bank lending and portfolio investment as a source of Chinese capital outflows casts doubt on whether Beijing’s recent clampdown on big-ticket foreign deals by the likes of Dalian […]

KUALA LUMPUR Malaysia confirmed an eighth Zika virus case on Sunday, involving a 67-year-old man who first showed symptoms in late November. An online statement from the Health Ministry’s director general, Noor Hisham Abdullah, did not specify if the man from the state of Selangor contracted the case locally or overseas. The statement said that during Nov. 14-28, the man was in Kuala Lumpur, in the Selangor […]

Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]

Philippines President Rodrigo Duterte(Photo: Tang Chhin Sothy, AFP/Getty Images) President Rodrigo Duterte threatened Saturday to terminate a pact that allows U.S. troops to visit the Philippines, saying “bye-bye America” as he reacted with rage to what he thought was a U.S. decision to scrap a major aid package over human rights concerns. A U.S. government aid agency, the Millennium Challenge Corporation, said earlier in the week that […]

MANILA Philippine President Rodrigo Duterte told the United States on Saturday to prepare for repeal of an agreement on deployment of troops and equipment for exercises, declaring “bye-bye America”, and we don’t need your money. But Duterte suggested relations could improve under a President Donald Trump. “I like your mouth, it’s like mine, yes Mr President. We are similar and people with the same feathers flock together.” […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices were stable on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut. But since any production cuts will only hit markets early next year and Iraq is still raising sales to Asia, analysts at Goldman Sachs said that the price […]

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