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More than 3,000 new houses for Emiratis will be built as part of a Dh3.6 billion project approved by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Sami Abdullah Gergash, chief executive of the Mohammed bin Rashid Housing Establishment, said the apartments are intended for small families and newly-weds who are waiting for permanent housing. Residents housing applications will remain open while they are living […]

WASHINGTON — President Obama has authorized the deployment of up to 450 more American troops to Iraq to train and assist the Iraqi forces battling the Islamic State, the White House announced on Wednesday, signaling a major shift of focus in the fight against the Sunni militant group. The United States forces will use Al Taqqadum, an Iraqi base near the town of Habbaniya in eastern Anbar […]

Al Hilal Bank opens new branch in Masdar City ABU DHABI, 6 days ago Al Hilal Bank has inaugurated its new brand in the Masdar City, a mixed-use project being developed in Abu Dhabi which is envisioned to emerge as a sustainable eco-city. The branch aims at highlighting Al Hilal Bank’s commitment to introducing products, services and facilities that are environmentally friendly and powered by state-of-the-art technology. […]

Bond issue … big shift in Saudi economic policy. Saudi may issue government bonds this year DUBAI, 6 days ago The Saudi Arabian government may resume issuing bonds this year, easing downward pressure on the country’s foreign reserves caused by low oil prices, a senior International Monetary Fund official said after talks with Saudi officials. “The sense we had is this year,” Tim Callen, chief of the […]

Researchers work at a laboratory at a genomics organization in Tianjin, China, April 2, 2014. Reuters/Stringer SHANGHAI/LONDON Years of pouring money into its laboratories, wooing scientists home from overseas and urging researchers to publish and patent is starting to give China a competitive edge in biotechnology, a strategic field it sees as ripe for “indigenous innovation.” The vast resources China can throw at research and development – […]

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic NEW YORK Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters. […]

Video | U.S. General Affirms Support for Israel Gen. Martin E. Dempsey, chairman of the Joint Chiefs of Staff, accepted an award from his Israeli counterpart and emphasized the American military’s strong relationship with Israel. By HELENE COOPER June 9, 2015 TEL AVIV — The Obama administration on Tuesday ramped up efforts to ease Israel’s opposition to a possible nuclear deal with Iran, as the top American military leader […]

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By DAVID D. KIRKPATRICK and KAREEM FAHIM June 9, 2015 CAIRO — Islamic State militants staged attacks near Baghdad and the Libyan city of Surt on Tuesday, underscoring the group’s persistent strength on both fronts despite a monthslong American-led air campaign against it in Syria and Iraq. In Libya, the Islamic State captured a critical power plant along the coastal road westward from its stronghold in Surt toward Misurata, a commercial center […]

Chinese inventor of the e-cigarette Hon Lik poses for a photograph in central London, Britain June 9, 2015. Reuters/Stefan Wermuth LONDON Before Hon Lik invented the e-cigarette, a device now shaking up the Big Tobacco industry, he was a pharmacist in China struggling to quit a two-to-three pack a day smoking habit. Once in 2002, Hon forgot to remove a nicotine patch from his stomach before bed […]

Renovations have started at a 9.5-acre compound in the West Bank that started as a church-run hospital in the 1950s and later became a hostel for travelers. By JODI RUDOREN June 9, 2015 NEAR EL AROUB REFUGEE CAMP, West Bank — The old stone compound set amid Palestinian farmland between the cities of Bethlehem and Hebron has a relatively new fence. The compound, with eight buildings spread over 9.5 […]

UAE. Today, Phidar Advisory released its Q2 mid-quarter Dubai residential research note. The report shows that residential prices continue to decline in the first six weeks of Q2, compared to Q1-15.  “The ongoing erosion of sale prices is a healthy correction” said Jesse Downs, Managing Director of Phidar Advisory. “The more significant concern is the scale and nature of the upcoming launched and announced projects.” she added. Apartment […]

UAE.  The European football market grew to total $28.9 billion in 2013/14. Revenue growth across all of the ‘big five’ European leagues (Bundesliga, La Liga, Ligue 1, Premier League and Serie A), saw the combined revenues of the ‘big five’ leagues pass the $15 billion mark ($15.3bn), according to the 24th Annual Review of Football Finance from the Sports Business Group at Deloitte. Dan Jones, Partner in […]

ABU DHABI // The scheme to give new numbers to the capital’s main roads is 75 per cent complete, the Department of Municipal Affairs says. Thirteen of Abu Dhabi city’s main streets have new numbers as part of the department Onwani, or “My Address” scheme. “Route numbers will be added to selected overhead street signs fixed to traffic signals and gantries at main street junctions,” said Omar […]

By THOMAS ERDBRINK June 8, 2015 TEHRAN — The woman wore form-fitting clothes, and a scarf wrapped around her head that revealed a few of her blond tresses. The men carried backpacks to official meetings. Nothing all that unusual in most places, but enough to touch off a firestorm of criticism this weekend from Iranian lawmakers, who accused their visitors of flouting Islamic law by — as one put […]

By ADAM LIPTAK June 8, 2015 WASHINGTON — Against the backdrop of generations of conflict in the Middle East and the longstanding tensions between Congress and presidents on the conduct of foreign policy there, the Supreme Court on Monday struck down a law that allowed American parents of children born in Jerusalem to obtain passports saying the children were born in Israel. The vote was 6 to 3, with […]

Big Blue is looking to make its mark on the mobile device and wearables market. No, IBM isn’t pushing out a smart watch or even a smartphone. In partnership with SiCAD, a silicon design platform company, IBM just announced High Performance Services for Electronic Design Automation (EDA). IBM is billing EDA as the electronic industry’s first enterprise-class, secure cloud service that provides on-demand access to electronic design […]

ABU DHABI // A Kuwaiti Muslim Brotherhood politician has been legally named as a felon after he failed to appear in court to answer charges of publicly insulting a leading member of the royal family. Mubarak Al Duwailah – who is being tried at the Federal Supreme Court in his absence – is also accused of saying that the Judicial Department had fabricated evidence against the group […]

Tech giant Apple’s annual Worldwide Developers Conference (WWDC) kicked off Monday at the Moscone West convention center in San Francisco with the headlining keynote address. Among the topics discussed during the address were new capabilities for OS X, updates coming to iOS, native apps for the Apple Watch, a streaming music service, and a new version of the watchOS operating system. At the event, Apple also introduced […]

Auto racing-inspired watchmaker Autodromo dug deep into historical minutiae for this limited edition chronograph. The design commemorates driver Brian Redman’s victory at the 1969 Nürburgring 1000 km race. Available in stainless or gold-plated steel, it is powered by a Seiko-made VK63 Chronograph Hybrid Meca-Quartz movement. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, […]

In an image taken from a video on a militant website, the Islamic State’s leader, Abu Bakr al-Baghdadi, addressed followers last year in Mosul, Iraq. New insights yielded by a seized trove of materials in Syria include how he operates and tries to avoid being tracked by coalition forces. By ERIC SCHMITT June 8, 2015 WASHINGTON — American intelligence agencies have extracted valuable information about the Islamic State’s leadership structure, financial […]

As consumer demand for online data, streaming content and mobile services continue to grow, Apple is reportedly looking to boost its high-speed networkinfrastructure to provide more of those services in-house. Citing “people familiar with the plans,” Bloomberg on Monday reported that Apple’s new network ambitions are aimed at helping it better compete with rivals like Amazon, Facebook, Google and Microsoft. While Apple already operates its own data […]

ABU DHABI // The woman accused of murdering a teacher in a Reem Island shopping mall bathroom has had her case adjourned to allow her lawyer more time to prepare. Alaa Al Hashemi is accused of murdering American Ibolya Ryan in Boutik Mall in December. The 30-year-old Emirati is also accused of trying to murder another family by placing a bomb outside their flat. On Monday, Mrs […]

/carlustblog.com/ The summer season of long car trips and top-down joyrides is upon us–and we are again confronted with the critical question of what mood music to have playing in the stereo as we drive. Today, we’ll discuss appropriate soundtrack selections for a mad dash down one of the squiggly lines on the map. While music preferences are highly subjective, I propose the following theory for your […]

Emirates NBD generates financial report 30pc faster with MDS DUBAI, 4 days ago Emirates NBD has generated its year-end financial statements 30 per cent faster than the previous year, working with the MDS ap, an exclusive partner on the SAP Business Analytics Portfolio of products. The application allowed it to manage critical disclosures and heighten trust and transparency for investors, said a statement. Surya Subramaniam, group chief […]

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