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Held in Bangkok, Thailand, the conference theme for 2016 is “Collaboration in the Digital Economy” and featured sessions on collaborative regulation, smart sustainable cities, fostering SME innovation, gender inclusive development and digital financial services for financial inclusion LAGOS, Nigeria, November 17, 2016/  Nigeria’s government and private sectors have made a pitch to foreign investors at the 2016 International Telecommunication Union conference, Telecoms World, where they presented the […]

DUBAI // Bollywood Parks Dubai opened on Thursday with fanfare, fireworks, dance, music and simulator 4D shows based on hit Hindi-language movies. Visitors were greeted by ­performers dancing to thumping Bollywood music across the park with some atop a mock-up of a suburban Mumbai railway train and others outside the ­Rajmahal theatre, which will stage live musicals. Ali Asgar, a grade seven student, enjoyed a cricket-themed simulator […]

Your guide to community and cultural activities across the Emirates for November 18, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Craft market Visit upMarket, the pop-up boutique that showcases a wide range of products, including beach kaftans, summer sandals, clutches, swimwear, beach bags and homewares. Today, 1-6pm, free entrance, Eastern Mangroves Promenade, Abu […]

Amid all the attempts to guess what Donald Trump’s election means for Europe’s trade, security and populist politicians, one conclusion stands out: his administration may be good news for the European Central Bank. The reason is not any particular act by the president-elect; rather, it is the reaction of markets, which could help the European economy and give the central bank more room to act. Foreign exchange […]

Cambridge, November 17, 2016  The 2nd Islamic Retail Banking Awards (IRBA) ceremony is scheduled to be held in Dubai on November 28, 2016. Organised by Cambridge IF Analytica, a UK-based financial think tank, IRBA was first launched in 2015 to recognise, reward, and honour the achievements of leading Islamic retail banks and individuals across the globe. This year’s Awards Ceremony will be attended by CEOs of Islamic […]

Despite an economic slowdown and rising inflation, Bahrain’s property market has witnessed stability across most real estate sectors in the second half, which is expected to continue into 2017, according to international real estate consultancy Cluttons. While the Gulf state’s residential markets have outperformed expectations due to resilient rental budgets, its office and retail markets have largely seen no change in rents in the first nine months […]

BEIRUT, Lebanon — Eight hospitals bombed in the past week, five of them within the last 48 hours. Food stores running out of supplies. Scores of people killed in a single day. By Wednesday night, it was clear that the escalation feared for weeks in rebel-held parts of northern Syria was underway, as Russian and Syrian government warplanes carried out a second straight day of intense bombardment. […]

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Muscat, November 17, 2016 In line with its objective to continue to enhance customer experience and touch-points across the country, Bank Sohar has further expanded its ATM network with the introduction of a new off-site ATM in Azaiba. The new ATM, located at the Mars Hypermarket, will offer greater banking convenience to customers in the area as well as to those who shop at the location. Highlighting […]

Abu Dhabi, UAE: November 16, 2016  Following the resounding success of AIDA 2015, the 2nd Abu Dhabi International Conference in Dermatology and Aesthetics is scheduled to be held in conjunction with The International Master Course on Aging Skin (IMCAS), The International Board of Cosmetic Surgery (IBCS), The International Academy of Cosmetic Surgery (IACS), The European Society of laser Dermatology (ESLD), The International Cosmetic Congress (ICC) and the […]

Wednesday 17:00 GMT. US and European stocks were softer as the dollar hit a 13-year high and bond yields eased off multi-month peaks, as investors reined in bets that US president-elect Donald Trump’s pledge of infrastructure spending and tax cuts would accelerate inflation. In Europe, Germany’s Dax fell 0.7 per cent as shares in Bayer fell 4.2 per cent after the drugmaker raised €4bn to pay for […]

MARRAKESH // Today’s youth value protecting the environment over economic gain and see education and social awareness as key enablers to sustainable development, according to a new survey by Masdar. The Masdar Gen Z Global Sustainability Survey involved around 5,000 young people aged 18-25 from across the globe in order to understand the challenges they see in the future. The findings offer insights into a generation’s hopes […]

Russia launched its long-awaited offensive across Syria on Tuesday just hours after Vladimir Putin discussed the conflict with Donald Trump amid growing questions about how the incoming American president will deal with his Russian counterpart. Sergei Shoigu, Russia’s defence minister, said the air strikes were targeting Isis and Syrian jihadis, their ammunition depots and training camps, in the provinces of Idlib and Homs. Opposition activists said the […]

British multinational hotels company InterContinental Hotels Group (IHG) and Dubai’s Al-Futtaim have signed an agreement for management of the largest Holiday Inn hotel in the UAE. The 520-room Holiday Inn Dubai Festival City, a mixed-use waterfront community, is expected to be completed towards end-2017. The new hotel, the first branded mid-market hotel in the area, will connect directly to Dubai Festival City Mall. The hotel will also […]

Wednesday 09:20 GMT. European stocks are tracking a mostly positive showing in Asia as Wall Street eyes record highs on hopes the Trump administration’s pledge of infrastructure spending and tax cuts will boost the US economy. The dollar and government bond yields are a touch firmer, keeping gold and industrial commodity prices in check. After the FTSE Asia-Pacific equity index rose 0.6 per cent, the pan-European Stoxx […]

As the region’s avid online shoppers get set for another record-breaking 4-day shopping festival, SOUQ.com ensures a seamless and exciting shopping experience for customers – With the introduction of new Fashion, FMCG and lifestyle categories, 50% of units sold expected to be non-electronics – More than 100K mobiles, 100K health & beauty products and 50K apparel items on sale this year 16th November, 2016, Dubai, […]

BERLIN The new chief executive of Hugo Boss (BOSSn.DE) said he expects to return the struggling German fashion house to growth in 2018, announcing plans to simplify its brand portfolio and adjust prices in a bid to appeal to younger customers. Mark Langer, the former finance chief who was appointed CEO in May, said the company will focus in future on two main brands – upper premium […]

|By Matein Khalid| Donald Trump’s shock win will have a profound impact on the GCC economic constellation via multiple feedback loops. His economic policies mean a much higher US dollar, anathema to GCC economies since it correlates with stock/property market crashes, banking stress and oil slumps. This is the macroeconomic linkage due to the GCC US dollar peg whose lessons the region learnt the hard way in […]

Rio Tinto’s lawyers uncovered more than a year ago internal emails about a questionable $10.5m payment to a consultant, but the mining company did not alert law enforcement authorities and investors about the matter until last week. The Anglo-Australian group said on November 9 it had notified authorities after discovering emails from 2011 that referred to the payment to the consultant, who helped head off a threat […]

Dubai, UAE, 16 November 2016 Visitors at Middle East Concrete and PMV Live 2016 can look forward to a host of exciting new innovations and product launches such as ground-breaking tractors, road trucks and rear tippers from 21-24 November at the Dubai World Trade Centre. Ford Trucks plans to display a range of 2017-model heavy commercial vehicles including an 1843T tractor and 3543M 6 x 4 and […]

The main US markets regulator on Tuesday approved a plan to introduce a vast surveillance system to monitor trading on the $23tn US stock market, ending six years of delays. The move by the Securities and Exchange Commission sets in motion a timetable to bring to reality its Consolidated Audit Trail, a single data warehouse that collects the millions of orders and quotes that daily pass across […]

By Lauren Hirsch and Liana B. Baker Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest U.S. stock market debut since 2014. The Venice, California-based company could go public as soon as March and be valued at $20 billion to $25 billion, making it the largest IPO since Chinese […]

That WhatsApp has been working on a new functionality — support for video calling — is no secret. The company has now officially confirmed that the much-awaited feature is finally being pushed out for iOS, Windows and Android. On Monday, Nov. 14, the company confirmed the video calling feature’s arrival for the three ecosystems in a blog post. WhatsApp’s move was motivated by the fact that its […]

Dubai retail firm Marka has reported a Q3 loss of $3.2 million (AED11.8 million), a 15% improvement from the $4 million (AED14.7m) loss it reported last year. Company also reported total revenue of AED 65.9 million ($17.9 million) in Q3 of 2016, a decrease of 15 percent compared to the same period in 2015. In its statement, Marka said the results for Q3 reflect the company’s sale […]

newslide ‘The Rock’ talks a future in politics, including potential White House run The Rock may have been voted Sexiest Man Alve by People, but the 44-year-old is interested in topping a more serious poll. After parleying a professional wrestling career as The Rock into leading roles in Hollywood, Dwayne Johnson is entertaining the idea of jumping into the political ring, including perhaps even a run for […]

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