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BAGHDAD U.S.-backed Iraqi forces pushed deeper into the last pocket of Mosul controlled by Islamic State militants on Sunday as the battle for the city approaches an end after seven months of gruelling urban combat. The militants have now been dislodged from all but a handful of districts in the western half of Mosul including the Old City, where Islamic State is expected to make its last […]

Abu Dhabi // Sheikh Mohammed bin Zayed will hold talks at the White House with Donald Trump on Monday to discuss enhancing cooperation on counterterrorism, confronting Iran and other core issues in the increasingly close relationship. Over the course of what is expected to be a two-day visit to Washington, Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, is also […]

President Uhuru Kenyatta of Kenya has called on China to rebalance an increasingly skewed trade relationship between Africa and the rising superpower, arguing that Beijing must do more to tackle a widening trade deficit. Africa’s trade balance with China has moved decisively into deficit due to a fall in the price of many African commodities, such as oil, copper, iron ore and cocoa. In 2015, the most […]

Having single-handedly hounded Home Capital Group – the company which we predicted in 2015 would be “ground zero” for any potential Canadian financial crisis, and has emerged as the Canada’s equivalent to the infamous New Century which in 2007 presaged the upcoming global financial crisis – into near oblivion, noted chicken-farmer and short-seller, Marc Cohodes, over the weekend revealed the full details behind his latest short thesis: […]

Amman, 14 May 2017  Marking the debut of The Ritz-Carlton brand in Jordan, Al Eqbal Real Estate Development and Marriot International have announced the signing of an agreement to establish The Ritz-Carlton hotel and residences in Amman, which is scheduled to be complete in 2020. The agreement was inked by Tawfiq Fakhouri, Founder and Chairman of Al Eqbal Real Estate Development, and Alex Kyriakidis, President and Managing […]

The Federal Reserve is actively considering a profound change in US monetary policy, in effect the reversal of quantitative easing (QE). In its March meeting, the FOMC discussed its strategy for the future run down of its balance sheet, and said that further debate would take place in upcoming meetings. The FOMC has already concluded that “a change in the Committee’s reinvestment policy would likely be appropriate […]

Security breaches this week in Singapore and around the globe reveal the country will have to safeguard a much wider attack surface and need a cybersecurity strategy that goes beyond simply limiting internet access. It was revealed on Friday that two Singapore universities suffered APT (advanced persistent threat) attacks last month, with the hackers specifically targeting government and research data. The National University of Singapore (NUS) had […]

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Under the patronage of the Minister of Education and Higher Education HE Dr. Mohammad AL Fares Best Student Company of the year 2017′ went to” Youth Creation” for the University category and” Agrivage” for the High School category 13 May 2017 Kuwait – Under the patronage of the Minister of Education and Higher Education, HE Dr. Mohammad Al Fares, INJAZ-Kuwait successfully concluded its annual Company Program […]

State-owned utility Qatar General Water & Electricity Corporation (Kahramaa) has awarded Siemens its largest contract to-date in Qatar for the expansion of the country’s power transmission network. As part of the deal, valued at QR3.1 billion ($851 million), Siemens will deliver 35 turnkey super and primary substations for phase 13 of the Qatar Power Transmission System Expansion project. This marks a significant milestone for Siemens, which has […]

Investors wiped $4.6bn from the market value of the US department store sector in the space of two days this week, as concern mounted about sliding sales and the effects of online competition. The consequences are spilling into the real estate and derivatives markets, and the latest bad news has intensified the focus on the sector ahead of more earnings reports from retail heavyweights next week. Five […]

· Masaken to open UAE branch to explore new investment and strategic partnership opportunities · Board of Directors decides to study available investment opportunities before increasing firm’s capital 13 May 2017 Abu Dhabi, UAE – The Board of Directors of Masaken for Land and Industrial Development Projects (Masaken Capital), a company listed in Amman stock exchange, held its third meeting in 2017 on Thursday, 11 May, […]

2017: The year of the Linux desktop on the Windows desktop. Yes, Microsoft is making it much easier to run the Bash shell, based on Ubuntu, and soon SUSE or Fedora, on Windows 10. No, hell hasn’t frozen over. True, Carmen Crincoli, Microsoft’s Storage independent hardware vendor partner manager, tweeted: “2017 is finally the year of Linux on the Desktop. It’s just that the Desktop is Windows.” […]

If you are an investor wanting a safe, unexciting asset to make a bit of money, avoid South Africa’s rand. It is not that you cannot make money trading the currency. You very much can, and you might make it big and quickly. The problem is you can also lose much more than you gain and at a frightening pace. To play the rand, investors need not […]

Technology and media confluence sets #AJTechSummit top trending on social media for two days May 11, 2017 – Doha, Qatar Held under the patronage of His Excellency Sheikh Hamad bin Thamer Al-Thani, Chairman of Al Jazeera Media Network, AJMN’s “Future of Media – Leaders’ Summit” concluded today at the Ritz Carlton Hotel in Doha. The Summit, the first of its kind in the region, prominent figures and […]

By Matt Spetalnick | WASHINGTON WASHINGTON President Donald Trump will express support for Palestinian “self-determination” during a Middle East trip this month, a senior aide said on Friday, suggesting Trump is open to a two-state solution to the Israeli-Palestinian conflict despite not having publicly embraced the idea so far. The comment by U.S. national security adviser H.R. McMaster came just nine days after a White House visit […]

It’s there in the window of practically every high-street store – the trendy kimono, often flaunting an incredibly appealing tropical print. Patterned with palm tree fronds, flamingos and botanical florals in bloom, you may be tempted by the fabulous print, but weary about actually wearing it outside the house. Though the pyjama trend may certainly be stylish, the last thing you want to do is look like […]

By Costas Pitas and Carlos Ruano | LONDON/MADRID LONDON/MADRID A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain’s health system and infected computers in dozens of other countries on Friday. Russian cyber security software maker Kaspersky Lab said its researchers had observed more than 45,000 attacks in 74 countries as […]

WASHINGTON U.S. President Donald Trump has responded to the new South Korean president’s advocacy of talks with North Korea by saying he does not oppose discussions, but reiterated that the circumstances must be right, according to a transcript of an NBC interview. Moon Jae-in’s advocacy of engagement with North Korea has appeared to contrast with the approach of the United States, South Korea’s main ally, which has […]

At the end of April, Dubai added yet another acquisition to its steadily growing list of attributes. No longer just a city, an emirate, a tourist destination or even home to the world’s tallest building, the city now also has its own official typeface, the Dubai font. The product of a two-year partnership between the Dubai Executive Council, the computer giant Microsoft and Monotype, the owner of […]

United Kingdom telecommunications provider BT has announced that broadband arm Openreach is now consulting with industry and consumers on potentially rolling out a full-fibre broadband network. “We aspire to be the UK’s digital champion. To achieve this, we’re ready to invest in the UK’s digital infrastructure, in continued improvements in our customer service, and in new technologies to further enhance customer experience,” BT CEO Gavin Patterson said. […]

By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]

To watch the performance of the N League’s topchis and assorted bandmasters, it almost seems as if their leadership has scored a Waterloo triumph against the uniformed lot in the matter of the Dawn leaks. By announcing a virtual ceasefire the army has taken a step back, that’s for sure. To appease the army’s mood a few small sacrificial offerings have been made and that’s about it. […]

Reem bin Karam taps Emirati tradition and history to find her role models but a life of selflessness is hers alone and she is the example for young compatriots to follow as she shares lessons written in tears of family tragedy. SHARJAH // A life-long passion for helping others and giving back to society is what inspires Reem bin Karam go to work each day. Ms bin […]

Aldar Properties has signed a partnership agreement with Al Fahim Group to bring the world’s first Mercedes-Benz and AMG showroom and express service centre to Yas Island. Construction is scheduled to start in the fourth quarter of 2017, with handover to Al Fahim Group in early 2019, Aldar said in a statement. The 5,900 sq m Mercedes-Benz and AMG showroom represents a sizable portion of the gross […]

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