QATAR. Notwithstanding the weak start for the global economy, Asian economies are expected to continue to grow rapidly in 2015. We expect economic growth to average 5.7% in 2015, the same rate as in 2014. However this masks significant differences across Asian countries that mainly depend on their exposure to global headwinds. India and Myanmar stand out as bright spots for 2015, while China, Indonesia, Malaysia and […]
Ninety-two unlicensed farms have been shut down by Abu Dhabi Municipality and Al Wathba Municipal Centre in Al Wathba and surrounding areas, Al Ittihad, the Arabic-language sister paper of The National, has reported. The closures came as part of an initiative to promote adherence to the law and reduce the number of unlicensed farms and residential buildings. The closures are also being carried out to protect the […]
|By TAP Staff| Dubai’s stock exchange operators Borse Dubai Ltd said it was selling its remaining stake of 17.4 percent in the London Stock Exchange Group. Borse Dubai holds the biggest shareholder in the premier global exchange, valued at about $2.2 billion. Borse Dubai is the holding company for Dubai Financial Market (DFM) and NASDAQ Dubai. Borse Dubai was created 6 August, 2007 to consolidate the Government […]
|By Shakir Noori| The images captured by mobile cameras flicker across the television screen, much in the manner of old Hollywood wild-west movies. The blue waves of the Mediterranean turn crimson with the blood of Egyptian workers in Libya, transforming the small screen into an inferno of bloody rivulets. And yet again, as I sit a spectator to Daesh’s (self-proclaimed Islamic State of Iraq and the Levant) […]
EFG Hermes posts $70m profit on bank expansion CAIRO, 1 days ago Egypt’s EFG Hermes turned a profit after tax and minority interests of EGP538 million ($70.51 million) last year after a net loss of EGP540 million the year before, helped by strong growth in its regional investment banking operations, the bank said. The company, one of the Middle East’s largest investment banks, said profit was boosted […]
Dubai’s flagship airline Emirates contributes 6.8 billion euros ($7.6 billion) to the European Union economy, it said on Tuesday, in an apparent response to criticism from rivals that government subsidies give Gulf carriers an unfair advantage. Emirates’ operations, which include 220 unique connections to European destinations, supported 85,100 jobs across the EU in the 2013-2014 financial year, it said in a statement, revealing the results of a […]
The BBC’s headquarters in London Photo: AP The BBC’s director-general, Tony Hall, is a man in a hurry. As one of the oldest DGs to be appointed, and already in receipt of his BBC pension, the 64-year-old is acutely aware that the corporation’s charter has less than two years to run, and that the licence fee – the BBC’s bedrock for the 93 years of its existence – […]
BARCELONA Sun Mar 1, 2015 7:06pm IST A man walks past a logo during the presentation the Huawei’s new smartphone, the Ascend P7, launched by China’s Huawei Technologies in Paris, May 7, 2014. Credit: Reuters/Philippe Wojazer/Files Related Topics Stocks Images of “Lathmar Holi” at Nandgaon in Uttar Pradesh. Slideshow BARCELONA (Reuters) – Chinese telecom equipment maker Huawei on Sunday launched its first smartwatch, a round-faced […]
Lord Justice Munby curious puzzle has arisen following my piece a fortnight ago headed, “Why don’t the family courts obey the law?” I quoted a trenchant recent judgment in which Lord Justice Munby, the head of the family courts, went out of his way to emphasise that “one of the oldest principles of our law” is that “no one is to be condemned unheard” – and that […]
After an extensive and sometimes contentious public and politcal debate, the Federal Communications Commission (FCC) voted February 26, with a 3 to 2 split along party lines, in favor of new regulations intended to preserve Net neutrality. The vote is seen as a win both for the Obama administration and a large Net roots activist campaign that has been pushing for this outcome for several years. Under […]
Ooredoo to showcase next-gen smart solutions DOHA, 5 hours, 28 minutes ago Ooredoo is set to showcase a range of ‘smart’ technologies at this year’s GSMA Mobile World Congress, as the company continues to develop new life-enhancing services to serve customers across its footprint. The theme of this year’s congress, which will run from March 2 to 5 in Barcelona, Spain, is ‘The Edge of Innovation,’ and […]
The next generation of Windows is aiming to fix everything that was wrong with the last generation. Can Microsoft reverse its fortunes with Windows 10? Microsoft’s self-stated ambitious goal with Windows 10 is to inspire new scenarios across a broad range of devices, from big screens to small screens to no screens at all. Terry Myerson, executive vice president of Microsoft’s Operating System Group, called Windows 10 […]
|By TAP Staff| Mumbai-based shipping and logistics provider Shreyas Shipping and Logistics Limited,, part of global conglomerate Transworld Group, has become introduced domestic containerised cargo movement at every Indian port, from Mundra up to Kolkata, all along peninsular Indian coasts. Shreyas is the first provider to offer this service. “This is a first in Indian maritime history. This will be Shreyas Shipping and Logistics Limited’s contribution towards […]
Kalban … expansion plans. Dubai Investments plans $108m acquisitions DUBAI, 1 days ago Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market, has announced expansion plans across its diversified portfolio, which include two new acquisitions worth Dh400 million ($108 million). The new acquisitions in the financial and real estate sectors, to be finalised soon, are expected to reinforce Dubai Investments’ robust growth across […]
Liana Technologies ….. shortlisted in the European Business Awards competition. Liana Technologies nominated for European Business Award DUBAI, 1 days ago Liana Technologies, a leading online marketing software provider in the Middle East, has been shortlisted in the European Business Awards competition, for the Customer Focus category. The company is one of the national finalists, in which succeeding requires customer-focused products and services and high quality. The […]
Politicians have exchanged blows over the A&E crisis Photo: Alamy The A&E crisis is rapidly becoming the dominant story of the election. Last week, Ed Miliband and David Cameron laid into each other in blood-curdling terms. The Tory denounced as “disgusting” his rival’s plan to “weaponise” the NHS as a political issue; his Labour rival proclaimed that this was “a crisis on his watch, as a result of […]
By Doina Chiacu WASHINGTON Sat Jan 10, 2015 10:31pm IST U.S. President Barack Obama speaks about the French hostage situation during his visit to Pellissippi State College in Knoxville, Tennessee, January 9, 2015. Credit: Reuters/Kevin Lamarque Related Topics Dozens of world leaders lead hundreds of thousands of French citizens in an unprecedented march. Pics WASHINGTON (Reuters) – President Barack Obama will highlight plans next week to […]
|By James G. Neuger |The bodies haven’t been buried and the killers are on the loose, but that didn’t prevent anti-Islam politicians across Europe from seizing on the Jan. 7 massacre in Paris. The rhetoric varied in intensity across the European Union’s 28 countries, each with its own religious and social phobias, many gripped by an economic recession that makes convenient scapegoats out of immigrants — especially […]
The Jetsons probably had no idea how soon the average American would see robots become a reality. At the Consumer Electronics Show in Las Vegas this week, a number of devices showed the futuristic concept is here and now. Robotics exhibits at CES grew 25 percent from last year’s show, according to the event’s organizers. “It speaks to the category’s growth and ability to disrupt and transform […]
If you don’t visit Facebook at least once a day, you’re in a dwindling minority. Facebook still remains the most popular social media site by far, according to a new survey by Pew Research. While its growth has slowed as other social sites continue to grow in popularity, the level of user engagement on Facebook has increased nonetheless. Facebook membership numbers since 2013 have been mostly static, […]
Camp Taji Journal American military personnel, recently deployed to Iraq, found remnants of the previous United States military presence, mostly untouched since their comrades left Camp Taji three years earlier. By TIM ARANGO January 6, 2015 CAMP TAJI, Iraq — The calendar on the wall reads November 2011. On the ground is a half-filled tin of Copenhagen smokeless tobacco. Scattered here and there are bottles of Gatorade, cans of […]
By BEN HUBBARD January 5, 2015 BEIRUT, Lebanon — Four heavily armed men from Iraq attacked a Saudi Arabia border patrol early Monday, firing automatic weapons and detonating suicide belts in a confrontation that left three guards and all the assailants dead, Saudi officials said. The early morning clash, which the Saudis described as an attempted infiltration near an isolated patch of the Saudi-Iraq frontier, was one of the […]
Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world’s biggest crude exporter, takes action to reverse the slump, Iran’s deputy foreign minister told Reuters. Hossein Amir Abdollahian described Saudi Arabia’s inaction in the face of a six-month slide in oil prices as a strategic mistake and said he still hoped the kingdom, Tehran’s main rival in the Gulf, would respond. […]
Gulf stock markets rose on Sunday despite oil’s weakness as Saudi Arabia’s plan to maintain government spending at a high level boosted investor confidence. The Saudi government released a 2015 state budget last Thursday that provides for a 0.6 percent increase in spending from this year’s plan. That cheered the retail investors who dominate Gulf stock markets; they had feared falling oil revenues would trigger spending cuts […]
