ABU DHABI // Leaders of the UAE congratulated King Hamad bin Isa Al Khalifa and his people on Bahrain’s national day. President Sheikh Khalifa sent a congratulatory cable to King Hamad, while similar greetings were sent by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and the Rulers […]
The global benchmark interest rate for trillions of dollars of corporate loans, credit cards and derivative contracts is approaching 1 per cent for the first time since the US emerged from recession, as global markets reach the end of a turbulent week. With the US Federal Reserve anticipating greater US economic strength in 2017, this has pushed the dollar to a 14-year high and spurred further selling […]
Real estate investment made easy as 1,2,3; lucrative rental yields await investors Dubai, United Arab Emirates – 15 December 2016 DAMAC Properties, one of the leading luxury real estate developers in the region, today announced the launch of MOD, a collection of townhouses in the heart of international golf community AKOYA Oxygen. The homes in this community, with a contemporary expression of luxury, are priced to be […]
Russia said the evacuation of thousands of people trapped for months in the last rebel foothold of Aleppo was finished on Friday, hours after a series of blasts halted the operation. “The Syrian army operation to liberate the militant-controlled eastern districts of Aleppo is complete,” the Russian defence ministry said. “Syrian government forces are liquidating isolated pockets of resistance by radicals.” An agreement for rebels to withdraw […]
By Karolina Tagaris and Renee Maltezou | ATHENS ATHENS Greek Prime Minister Alexis Tsipras seems determined to go down in history as a leader who tried to save Greece’s most vulnerable from austerity. But the crowd of pensioners in Athens on Thursday night was cynical about his promise to placate them with a one-off Christmas bonus. “We are living in misery and we won’t tolerate being fooled […]
Lately, there has been discussion of a “blurring” of Agile methodologies with design thinking. These are two philosophies with different terminologies, practiced by different groups of people, that have the same goal — to provide elegant and continuously improving technology solutions that serve users and customers. This blurring may be necessary with software release cycles now going into the hours, or even minutes for some businesses. Photo: […]
BEIJING China expressed dissatisfaction on Friday after exiled Tibetan spiritual leader the Dalai Lama met President Pranab Mukherjee, saying it hoped India would recognise the Nobel Peace Prize winning monk as a separatist in religious guise. Mukherjee hosted the Dalai Lama and other Nobel Peace laureates at a conference on children’s rights at the presidential palace on Sunday. Those who attended, and spoke, included Princess Charlene of […]
Facebook announced today that it is taking several steps to reduce the reach of fake news. One of the initiatives announced by the social network, third-party fact-checking, will allow verified fact-checkers in the United States to review stories to determine if they are true or false. If enough fact checkers mark a story as fake, the post will be marked as such in users’ News Feeds. The […]
The Abu Dhabi Childhood Obesity taskforce has announced the launch and immediate implementation of a comprehensive plan to address the growing health issue in the emirate. The plan which focuses on six key categories, is a result of a cross-sector evaluation that assessed existing efforts to fight childhood obesity, challenges and opportunities, in addition to benchmarking against World Health Organisation recommendations, news agency WAM reported. The focus […]
India is set to get more Trump-branded projects as local developers seek to capitalize on the brand. A story from The Wall Street Journal Friday took a look at the many projects around the world connected to the U.S. President-elect Donald Trump, including those in India. Unimark Group, a developer based in Kolkata, has tied up to rebrand a previously planned residential apartment building in the eastern […]
Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]
CAIRO: Traces of explosives have been found on victims’ remains from an EgyptAir plane that crashed into the Mediterranean in May killing all 66 people on board, Egypt’s Aviation Ministry said Thursday.An official investigative committee which made the discovery has referred the case to Egypt’s state prosecution, it added in a statement.Under Egyptian law, the prosecution takes over “if it becomes clear to the investigative committee that […]
Chinese government bond yields retreated slightly after the central bank eased a credit squeeze that has been exacerbated by the US Federal Reserve’s rate increase. On Friday morning the People’s Bank of China injected a net Rmb45bn ($6.5bn) into the interbank market through reverse repos, bringing total net injections for the week to Rmb250bn. This marked a reversal from last week when the central bank drained more than […]
The Australian government has tweaked its digital transformation agenda in a new digital roadmap for 2017, which will see the enhancement of services such as myGov, reforms to health and aged care, improvements to its service delivery, and a whole-of-government approach to IT. According to the government’s roadmap, its vision for digital transformation starts with user needs. It explained this will see a layer of user-geared services […]
To understand Arabs and their culture, one must first understand their language, but with many conflicting theories about its origins, this is no easy task. To celebrate a language used by hundreds of millions of people around the world, December 18 is the designated UN Arabic Language Day. The day was established by the UN Educational, Scientific and Cultural Organisation (Unesco) in 2010 to “celebrate multilingualism […]
If Donald Trump has made bank stocks great again, Janet Yellen has just made them even greater. US financial stocks were on a tear on Thursday, extending their strong post-election market gains after the Federal Reserve raised interest rates on Wednesday and signalled that at least three more rises are on the cards for next year. The prospect that the US central bank might have to raise […]
15 December 2016 – Beijing, People’s Republic of China China Oceanwide (together with its subsidiary, “Oceanwide Resort Paradise HI LLC”) entered into a management agreement today with subsidiaries of Kerzner International Holdings Limited (“Kerzner”), a leading international developer and operator of destination resorts and ultra-luxury hotels, for a new, Atlantis resort in Ko Olina, a 642 acre development on the white sand beaches of the island of […]
MOSCOW Ahead of his visit to Japan later this week, Russian President Vladimir Putin brought his dog Yume into an interview with Japanese journalists, and the large Akita breed made sure she as well as her master were well heard. Putin gave an interview to Nippon Television and Yomiuri Shimbun newspaper in Moscow on Tuesday, accompanied at first by Yume, who was given to him by Japan’s […]
SANTIAGO A prominent Chilean business leader presented the country’s economy minister with an inflatable doll on stage at an event late on Tuesday, sparking a social media storm and criticism by President Michelle Bachelet. Exporters’ association Asexma traditionally gives humorous gifts to VIPs attending its annual dinner, but the inflated sex toy – which was handed to economy minister Luis Cespedes with the comment that it could […]
Your daily guide to community and cultural activities across the Emirates for December 14, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Take part in the popular Flow in the Dark yoga class at Bodytree Studio. Enjoy a night of yoga, music and creative expression led by Angela. The lights will be […]
Steve Garey, who retired from the Anacortes refinery in 2015 after almost 25 years and served as president of the United Steelworkers local, said that while some positive changes were made after the 2010 accident, upper management at Tesoro remains “contemptuous” of its work force and is “hiding behind incredibly permissive process safety regulations.” Those regulations grew out of a string of catastrophic events in the 1980s, […]
The Washington Post is a profitable and growing enterprise, the newspaper’s publisher announced in a memo to staffers Tuesday evening. In the seventh paragraph of a rally-the-troops announcement, Post Publisher Fred Ryan made a winking nod to burying the news: Not to bury the lede, but thanks to the incredible work of the entire team, The Washington Post will finish this year as a profitable and growing […]
The Waymo driverless car is displayed during a Google event, Tuesday, Dec. 13, 2016, in San Francisco. The self-driving car project that Google started seven years ago has grown into a company called Waymo. The new identity announced Tuesday marks another step in an effort to revolutionize the way people get around. Instead of driving themselves, people will be chauffeured in robot-controlled vehicles if Waymo, automakers and […]
13 December 2016 Dubai, United Arab Emirates – DAMAC Properties today announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November 2016, bringing the total value of contracts awarded so far in 2016 to AED 6.51 billion for projects in Dubai and the UK. The awarded contracts are for the provision of services related […]
