Dubai-based air services provider dnata has reached an agreement with Canada’s GTA Aviation to purchase a 50 percent stake in its cargo and ground handling operations at Toronto Pearson International Airport. The unit of Emirates Group said the investment marks dnata’s first step into the Canadian market and is a “significant development in the company’s expansion into the Americas”, less than a year after announcing investments in […]
Dubai-based port operator DP World has announced the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers. The investment platform totals $3.7 billion, with DP World holding a 55 percent share and CDPQ the remaining 45 percent, the company said in a statement. The platform will invest in ports and terminals globally […]
Submitted by Robert Parry via Strategic-Culture.org, Under the cover of battling “fake news,” the mainstream U.S. news media and officialdom are taking aim at journalistic skepticism when it is directed at the pronouncements of the U.S. government and its allies. One might have hoped that the alarm about “fake news” would remind major U.S. news outlets, such as The Washington Post and The New York Times, about […]
newslide Jolie and Pitt could lose adopted sons Angelina Jolie and Brad Pitt’s troubles just got worse. According to radaronline.com, their adopted sons Pax and Maddox could be taken away from them. Pax’s birth mum, Pham Thu Dung, is set to be released from prison soon and when she is, she says she wants her son back. Jolie adopted 13-year-old Pax when he was three years old. […]
Amanda Wills devoted much of the past year to coverage of the presidential election. So when she listened to voicemails left for CNN after Nov. 8, she expected to hear a lot of screaming from both sides. Instead, she heard perspectives she’d never encountered before, ones that taught her not just about CNN’s audience, but about the country itself. “For me, personally, as a journalist, it’s really, […]
In London last month, Arabian Business was treated to a behind-the-scenes explanation of how in March Google’s AlphaGo computer programme thrashed the world’s best player at the ancient board game Go. The match represented a breakthrough in artificial intelligence (AI) research being undertaken by Google’s DeepMind since the start-up was acquired for a reported $400m in 2014. Go involves two contestants moving black and white stones on […]
It has been a bad week for Conservative Eurosceptics, their worst since their EU referendum victory in June. The sight of Zac Goldsmith, a leading Brexiter, losing his 23,000 majority in a by-election to the pro-European Liberal Democrats capped it. “The result doesn’t change anything,” said a Conservative spokesman, pointing out that Theresa May was still committed to starting Brexit by the end of March 2017, whatever […]
By Emma Farge | BANJUL BANJUL Gambians reacted with joy and stunned disbelief on Saturday to the defeat of President Yahya Jammeh, one day after he conceded that he lost an election set to end his 22 years in power. Jammeh’s government is accused of crushing dissent and torturing opponents and he had said he would rule for a “billion years”. As a result, few believed he […]
Like Christmas ornaments on Main Streets across America, Wall Street banks’ forecasts for the year ahead keep coming out earlier every year. At least this year analysts have something substantive to sink their intellectual teeth into: the impact of incoming president Donald Trump. The results are fascinating — especially for bonds. The fixed income market has been one of the biggest victims in the “Trumpflation trade” that […]
|By Arabian Post Staff| DP World has announced the creation of an investment vehicle worth $3.7 billion in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers, for investing in global port developments. DP World will hold 55% share of the partnership. The platform will invest in ports and terminals globally (excluding the UAE) across the life cycle of the […]
03 December 2016 Abu Dhabi: The food production sector in the Abu Dhabi has enjoyed continued growth in recent years, due to flourishing internal markets and growing export markets. The Emirate’s ability to produce high-quality, competitive and value-added goods, accompanied by a strong logistics network and its strategic geographic location has seen it emerge as one of the most important regional food production and processing centres. As […]
Google has launched a new series of Dubai’s iconic sites on Street View, a feature by Google Maps that allows users to view and navigate 360-degree imagery of major locations across the world. As the United Arab Emirates gears to celebrate its 45th National Day on December 2, Google Maps’ one billion daily users can now explore some of Dubai’s world-renowned landmarks such as the city’s picturesque […]
Dining in the dark Eating without looking first hit the culinary scene in 1999 when a blind man in Switzerland opened Blindekuh in Zurich, the world’s first restaurant where diners ate their meals in the dark. Usually, eating is an act that involves all the senses. When you lose one of the most important ones – sight – the others are heightened, leading to an extraordinary dining […]
AJMAN// A time capsule that sums up the UAE’s history with videos, pictures and writings, was the highlight of Ajman’s celebrations for 45th National Day. The capsule, an initiative from the Ajman Tourism Department, was launched on November 25 and will be on display until December 3 before being placed underground for a period of five years. People from across the country were invited to participate with […]
Successful SMEs set to become part of the supply chain for Qatar Shell and Pearl GTL 03 December 2016 Doha: As part of a nationwide strategy to support Qatari small and medium-sized enterprises (SMEs), Qatar Development Bank (QDB) and Qatar Shell will award contracts for five business opportunities; four will be awarded at a special ceremony on 5th December, and a fifth contract will be signed and announced […]
Businesses operating in GCC countries should brace themselves for further government action to raise non-oil revenues, according to a new ICAEW report. The accountancy and finance body said that given the weak outlook for oil prices, imposing tax measures, along with subsidy reforms, spending cuts, and a freeze on public sector recruitment and pay, will help to close the fiscal gap. Its Economic Insight: Middle East Q4 […]
All of a sudden, it’s executive pay time. Here is The Purposeful Company, the product of a steering group of seven grandees, a task force of nine more, plus a dozen contributors, together demonstrating that those getting today’s executive pay have nothing useful to say on the subject, as Neil Austin forcefully pointed out on our letters page this week. This followed an earlier suggestion that incoming […]
Photo Residents whose home was destroyed by a fire in the Jewish settlement of Halamish in the West Bank. Credit Menahem Kahana/Agence France-Presse — Getty Images NATAF, Israel — When Rama’s Kitchen, an earthy and much-loved restaurant in the small Israeli village of Nataf, was burned last week by one of the wildfires that raged in the area, the last civilians who stayed to fight the blaze […]
DUBAI// The red, white, green and black of the UAE flag flew proudly across the emirate as thousands of people came out to mark 45th National Day. From street shows and artists to music and traditional dance at City Walk and entertainment at Dubai Mall, it was a moment for Emirati and expatriate alike to celebrate in style. Duha Al Marzooqi, a Emirati mother of two, had […]
The safety & security offered by the country, ranked high on expats’ preference list Dubai, December 1, 2016 38% of expats residing in the UAE who were surveyed by Xpress Money, consider the country to be their home because they feel safe and have a sense of security here. 27% of expats are grateful for the good career opportunities and the cultural diversity the country has to […]
DirecTV Now reestablishes the channel paradigm in a system built for apps Graduations are often accompanied by proclamations. Such was the case for Apple TV when Apple’s former hobby became a full-fledged OS vessel as Tim Cook proclaimed, “the future of TV is apps.” The prediction invited skepticism for many reasons. A year earlier, Google had made its own run at app TV with Android TV, which […]
The U.S. Transportation Department said on Friday it granted flying rights to Norwegian Air Shuttle ASA’s (NWC.OL) Irish unit, setting the stage for a new battle among airlines for leisure travelers across the Atlantic. The order finalized a tentative ruling the department made in April and came days after the European Commission formally filed for arbitration over Norwegian’s request, which had languished for three years. U.S. airlines […]
SHARJAH // Hundreds of residents decorated their cars and played traditional Emirati songs while roaming the streets of Sharjah to celebrate National Day. Naser Hammad, 39, from Al Dhaid, said that many people, Emiratis and residents alike, wait for this day to come together and celebrate the union. “It’s a day to celebrate the progress of this great nation, which is home to hundreds of nationalities all […]
LIMA One woman has been killed and some 40 people were arrested in a Peruvian shantytown after an angry mob tried to lynch two pollsters whom residents believed were butchering local children to take their organs, authorities said Friday. False rumours on social media claiming dead children had been found with their organs missing fanned mass hysteria in the shantytown Huaycan on the outskirts of Lima, prompting […]
