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|By Arabian Post Staff| Etihad Aviation Group and Lufthansa German Airlines, part of Europe’s largest aviation group, today unveiled details of a new commercial partnership. The two airline groups have concluded a US $100 million global catering agreement and a Memorandum of Understanding (MoU) to cooperate in aircraft maintenance, repair and overhaul. Addressing a press conference today in Abu Dhabi, the chief executives of both airline groups spelled […]

By Leika Kihara and Tetsushi Kajimoto | TOKYO TOKYO Japan will push back firmly on any attempts by U.S. President Donald Trump’s administration to meddle with its independence on setting currency and monetary policies, say sources familiar with the deliberations in Tokyo. It was the first clear sign from Japan that Tokyo won’t allow Trump to dictate domestic economic policy, leaving room for potential tensions between the […]

Submitted by Brandon Smith via Alt-Market.com, As I outlined in my article ‘The False Economic Narrative Will Die In 2017’, the mainstream media has been carefully crafting the propaganda meme that the Trump administration is inheriting a global economy in “ascension,” when in fact, the opposite is true. Trump enters office at a time of longstanding decline and will likely witness severe and accelerated decline over the […]

A number of agreements were signed as part of the UAE’s innovation and world-class health care agenda UAE, February 2, 2017  The Ministry of Health and Prevention (MOHAP) has announced that the Ministry’s participation this year has had a strong line up of innovative health services launched globally and regionally during its participation at the Arab Health Exhibition & Congress 2017, which was hailed by participants and […]

SHANGHAI China’s top diplomat said the country’s ‘Silk Road’ push would help boost international cooperation at a time when the risk of “isolationism” is growing. The ‘One Belt, One Road’ scheme, promoting infrastructure projects along historical land and sea trade routes, is helping “align China’s development with that of other countries”, State Councillor Yang Jiechi said in a commentary on Friday in the official China Daily newspaper. […]

ABU DHABI // Tensions between the UAE and Iran escalated on Thursday after the Iranian charge d’affaires was summoned by the Ministry of Foreign Affairs and International Cooperation. Dr Abdulrahim Al Awadi, the ministry’s assistant minister for legal affairs, handed him a note of protest on “Iran’s illegal provision of weapons to the coup militia against the legitimacy in Yemen”. “Iran’s move is in violation of United […]

The war of words with Iran came just hours after news had emerged of a combative phone call that took place on Saturday between Mr. Trump and Australia’s prime minister, Malcolm Turnbull, when Mr. Turnbull pressed the president to honor an American agreement to accept 1,250 refugees from an Australian detention center. Continue reading the main story On Thursday morning, Mr. Trump told an audience at the […]

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02 February 2017 For years, mid-tier banks have been told they’re potentially heading for extinction The barbell effect dictates that the middle will be significantly challenged by an increasingly tough business environment, with only the very large and the very niche institutions being able to succeed. And indeed the outlook does look challenging, if one adds up the increased cost of regulatory compliance, the pressure on fees […]

By Patricia Zengerle | WASHINGTON WASHINGTON President Donald Trump said on Thursday that “nothing is off the table” in dealing with Iran following its test launch of a ballistic missile, and his fellow Republicans in Congress said they would back him up with new sanctions. Trump comment was in response to a question about whether he would consider military options to respond to Tehran, a day after […]

Why Frankfurt? The Frankfurt of common conception and the Frankfurt of reality are very different things. Before arrival it tends to be a hazy cross between a giant conference centre churning through huge trade shows and bank HQs in modern glass towers. There is something to this – there’s surely nowhere else in the world that comes down as far on the business side of the business […]

For Syrians, Mr. Trump is merely pushing to extremes a process that has been going on for years. The situation of the refugees, and the underprivileged in general, has been worsening everywhere for a generation. Syria exemplifies a greater global failure. Continue reading the main story The executive order barring Syrians and the citizens of six other countries was among Mr. Trump’s very first actions in the […]

KINSHASA The death on Wednesday of Congo’s opposition leader Etienne Tshisekedi leaves opponents of President Joseph Kabila seriously weakened in their bid to force Kabila to quit power after he defied constitutional term limits to stay on last year. Democratic Republic of Congo has never experienced a peaceful transition of power and Kabila’s refusal to stand down when his final term expired in December has raised fears […]

ULAANBAATAR/HONG KONG Private citizens in Mongolia are donating cash, jewelry, gold and even horses to help the government make a near $600 million payment to bondholders next month. The cash-strapped nation has been embroiled in an economic crisis brought about by a collapse in foreign investment, slowing growth in China and weak commodity prices. Its currency, the tugrik, lost nearly a quarter of its value last year. […]

By Christopher Johnson | LONDON LONDON Oil prices rose on Thursday as evidence that OPEC and other big exporters were cutting production outweighed a sharp rise in U.S. crude and gasoline stockpiles. Brent crude was up 50 cents at $57.30 a barrel by 1115 GMT (6:15 a.m. ET) after settling up $1.22 in the previous session. U.S. light crude gained 30 cents to $54.18 after climbing by […]

Chocolate industry executives breathed a collective sigh of relief earlier this year after the impact of the bankruptcy of a key cocoa industry player at the end of 2016 remained muted as a result of a weak cocoa market. Expectations of bumper supplies from west Africa, the leading regional producer of cocoa beans, have been weighing on bean prices of the key chocolate ingredient. This has helped […]

UAE national carrier Etihad Airways and German airline Lufthansa have announced a “deep and wide” partnership that includes codesharing, catering and aircraft maintenance. Etihad’s outgoing CEO James Hogan described the deal as “the most significant non-equity partnership with an airline that we have announced”. It marks a shift away from equity investments towards operations collaborations at a time when Etihad is reviewing the equity partnerships with an […]

Dubai Carbon’s District Waste Proposal Reach Final Interview Round in Spring Version of Dubai Future Accelerators 2017; Dubai Carbon’s New Waste Value Chain Aims At Turning a Household Cost into an Economic Value of 10,000 AED. 02 February 2017 Dubai, United Arab Emirates: Dubai Carbon’s District Waste Proposal has made it to the final round of interview in the Spring Version of Dubai Future Accelerators 2017, […]

By Shihar Aneez | HAMBANTOTA, Sri Lanka HAMBANTOTA, Sri Lanka China signed a deal with Sri Lanka late last year to further develop the strategic port of Hambantota and build a huge industrial zone nearby, a key part of Beijing’s ambitions to create a modern-day “Silk Road” across Asia. The agreement was welcome relief for the island nation of 20 million people. As they try to reduce […]

According to a transcript obtained by AP of the phone call which took place on Friday morning between President Trump and his Mexican counterpart, Enrique Pena Nieto, and which was intended to patch things up between the new president and his Mexican peer a day after Pena Nieto called off his visit to the US, Trump threatened to send U.S. troops to stop “bad hombres down there” […]

Donald Trump’s administration declared that it was putting Iran “on notice” on Wednesday, signalling both a tougher US line with Tehran and a new test of relations after a weekend missile test by the Islamic republic.  During his campaign, Mr Trump vowed to rip up a 2015 nuclear deal negotiated by the Obama administration and other world powers with Tehran but has taken no public steps to […]

By Steve Holland | WASHINGTON WASHINGTON A top adviser to President Donald Trump delivered a tough warning to Iran on Wednesday for test-firing a ballistic missile and declared “we are officially putting Iran on notice” for what he called a provocation. A statement from White House national security adviser Michael Flynn condemning the test was an example of a more muscular U.S. foreign policy that Trump has […]

Photo President Hassan Rouhani, left, visited a Tehran exhibition of Iran’s achievements in space technology on Wednesday. With him were the minister of communications, Mahmoud Vaezi, center, and the defense minister, Hossein Dehghan. Credit Office of the Iranian Presidency, via Associated Press TEHRAN — Iran confirmed on Wednesday that it recently conducted a missile test, but it rejected accusations from the United States that the launch had […]

Telling the opposition not to ‘mislead’ Malaysians, the BN’s strategic communications team says pump prices are based on the prices of refined oil, not crude oil. KUALA LUMPUR: The price of petrol has gone up because the price of refined petrol has increased, even though crude oil prices have dropped. In refuting allegations by the opposition, the Barisan Nasional Strategic Communications Team said today Malaysians used refined […]

Photo A construction site in the Israeli settlement of Ma’ale Adumim in the West Bank, near Jerusalem. Credit Dan Balilty for The New York Times JERUSALEM — Israel approved 3,000 more housing units in the occupied West Bank late Tuesday, the largest number in a wave of new construction plans that defy the international community and that open a forceful phase in the country’s expansion into land […]

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