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15 December 2016 Jeddah, Saudi Arabia — As a strategic step towards the development of the small-to-medium-sized enterprises (or “SMEs”) in Saudi Arabia, the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, and Catalyst Group inked an Engagement Agreement to commence ITFC’s KSA SME Program to boost the SME Trade development.  Through this partnership, ITFC will be piloting a SME Trade […]

By Andrew Osborn and Nick Tattersall | MOSCOW/ISTANBUL MOSCOW/ISTANBUL President Vladimir Putin said he and his Turkish counterpart Tayyip Erdogan are working to organise a new series of Syrian peace talks without the involvement of the United States or the United Nations. In a snub to Washington, Putin made clear on Friday that the initiative was the sole preserve of Moscow and Turkey and that the peace […]

TOKYO Japan’s Prime Minister Shinzo Abe and Russian President Vladimir Putin wrapped up two days of talks on Friday with numerous economic deals but no big breakthrough on a territorial row that has overshadowed ties between the countries since World War Two. The following list details energy and other alliances and agreements between Japanese and Russian companies and government enterprises announced during the summit meetings: HEALTHCARE – […]

ALEPPO, Syria The evacuation of people from eastern Aleppo was suspended on Friday and a Reuters witness heard at least four blasts at a location where buses had been departing. A state-run Syrian TV station reported that rebels had breached an agreement with the government by trying to take prisoners with them during the evacuation. A Syrian official overseeing the evacuation told Reuters it had been obstructed […]

16 December 2016 MARC has affirmed its rating of AA-IS on Jimah East Power Sdn Bhd’s (JEP) outstanding RM8.98 billion Sukuk Murabahah with a stable outlook. JEP was established to develop, design, construct and operate a 2×1,000-megawatt (MW) ultra-supercritical coal-fired power plant in Jimah, Negeri Sembilan under a 25-year power purchase agreement (PPA) with Tenaga Nasional Berhad (TNB). As at August 31, 2016, the power plant project […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices were stable on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut. But since any production cuts will only hit markets early next year and Iraq is still raising sales to Asia, analysts at Goldman Sachs said that the price […]

YOKOHAMA, Japan Nissan Motor Co (7201.T) Chief Executive Carlos Ghosn said on Friday he expected the Japanese automaker to post record sales in 2017, which would be a strong year for the auto industry despite volatility in currency and commodity markets. Ghosn also said he was confident that U.S. trade policy under President-elect Donald Trump would continue to promote strong ties with Mexico, where Nissan operates production […]

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By Elizabeth Piper and Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders agreed their plan for Brexit negotiations on Thursday, pledging to move swiftly and stick together to ensure Britain does not cherry pick a sweet deal that might inspire others to unstitch the bloc. Prime Minister Theresa May left before the other 27 leaders met briefly to formalise their plan for how to run Brexit talks. […]

BRUSSELS The heads of European Union institutions were given a mandate to plan a possible summit meeting with Turkish leaders in the coming months at an EU summit on Thursday, summit chair Donald Tusk told a news conference. “We have a mandate to organise this kind of summit in the next months,” Tusk said, adding that no date had been set. The EU would be represented by […]

Doha, Qatar December 15, 2016 Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C.) signed its first international agency marketing agreement with Total. The signing ceremony took place at the K Trade Fair 2016 in Dusseldorf, Germany and was attended by senior representatives from Muntajat and Total. Total produces a range of polymers including polyethylene, polypropylene, and polystyrene. With Polymers business unit offices based in Brussels, […]

By Alex Whiting ROME (Thomson Reuters Foundation) – Curbing poverty and hunger in rural areas is crucial to building lasting peace in Colombia and in turn will help the nation become a breadbasket for the world, President Juan Manuel Santos said on Thursday. Rural reforms to address unequal land distribution and boost development are key to the peace agreement signed last month by the Revolutionary Armed Forces […]

By Gabriela Baczynska | BRUSSELS BRUSSELS European Union leaders agreed on Thursday to extend the bloc’s main economic sanctions against Russia over the turmoil in Ukraine for six months until mid-2017, diplomats said. The decision was expected and the formal process to extend the sanctions on Russia’s defence, energy and financial sectors will take place early next week, they said. “We welcome unanimous decision by the EU […]

15 December 2016 – Beijing, People’s Republic of China China Oceanwide (together with its subsidiary, “Oceanwide Resort Paradise HI LLC”) entered into a management agreement today with subsidiaries of Kerzner International Holdings Limited (“Kerzner”), a leading international developer and operator of destination resorts and ultra-luxury hotels, for a new, Atlantis resort in Ko Olina, a 642 acre development on the white sand beaches of the island of […]

WASHINGTON/BEIJING China’s plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations. Trump’s assertion that the United States need not be bound by the policy that Taiwan is part of “one China” would erode a bedrock of U.S.-China ties that has underpinned the vast increase in trade and […]

Photo With a season-high 10 points on Wednesday night, guard DeAndre Liggins, left, is now averaging 3.1 points a game this season for the Cavaliers. Credit Brandon Dill/Associated Press The tickets that fans bought for Wednesday night’s game in Memphis promised a matchup between the Cleveland Cavaliers and the Grizzlies. And the paying customers did indeed get to see a game between the Cavaliers and the Grizzlies. […]

A few years ago, Alabama Media Group moved its photo archives into one place. Nearly 100 years of negatives from The Birmingham News, The Huntsville Times and Mobile’s Press-Register were brought to the building that housed the presses in Mobile. It was a reminder, said Michelle Holmes, vice president of content, of what they had. The newspapers started using more from the archives. “And we kept going […]

By Elias Biryabarema | BIDI BIDI, Uganda BIDI BIDI, Uganda Besides bags, blankets and tales of horror, some of the thousands of refugees fleeing South Sudan’s civil war each day carry something else – the ethnic hatred the United Nations says is “fertile ground” for genocide. That hatred, fuelled by continuing reports of ethnic-based killings inside the country, is turning refugee camps on its borders into tinder-boxes […]

By Natalie Schachar | MEXICO CITY MEXICO CITY Some Mexican banks are lowering credit card spending limits and raising consumer lending standards in the face of an economic slowdown, rising interest rates and the U.S. election victory of Donald Trump. After a period of robust overall credit growth, Mexican banks are cutting credit card exposure to counter a potential rise in consumer defaults and the risks of […]

Theresa May on Thursday embarked on a Brexit charm offensive in Brussels, amid warnings from a senior diplomat that a final exit deal could take a decade to complete. Mrs May will tell an EU summit that Britain will play a full role in tackling migrant flows from north Africa to Europe, even after Brexit. She will also reassure fellow leaders from Latvia and Lithuania that Britain […]

Thousands of people had gathered outside a hospital in the Mashhad neighborhood, which is still controlled by rebels, hoping that an evacuation deal announced on Tuesday by Turkey, Russia and Syrian rebels would hold. But the constant threat from snipers, bombs and shelling was unsettling. Video Aleppo Activists Say Final Goodbyes as Assad Closes In Syrian government forces had reclaimed most of rebel-held eastern Aleppo by Tuesday, […]

Thursday 11:00 GMT Overview Stock markets are trading cautiously as Treasury yields hit fresh highs after the Federal Reserve’s decision to raise interest rates for only the second time since the financial crisis. The prospect of the US central bank perhaps having to tighten policy faster than expected to reflect any additional boost to growth from president-elect Trump’s fiscal plans is lifting the dollar to a 14-year […]

Photo Stephen Curry of the Golden State Warriors signing autographs before a game in Memphis last week. The N.B.A. is in the midst of a highly prosperous stretch. Credit Brandon Dill/Associated Press At a time of enormous popularity and prosperity for the N.B.A., the league and the players’ union reached an agreement in principle Wednesday on a seven-year collective bargaining agreement that ensures labor peace through the […]

HELSINKI Finland said on Wednesday it would push the European Union to step up efforts to curb illegal migration by negotiating agreements with Iraq, Afghanistan and Somalia. European leaders are due at a summit on Thursday to discuss results from their recent migration compacts with five African countries – Niger, Nigeria, Mali, Senegal and Ethiopia. In exchange for financial support, the EU requires those countries to impose […]

Photo The coffins of victims from Sunday’s bombing of St. Mark’s Coptic Orthodox Cathedral after funeral services in Cairo on Monday. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — Egypt faced the prospect of a surge in sectarian bloodshed on Tuesday after the Islamic State claimed responsibility for the bombing of a Coptic cathedral in Cairo that killed 25 people on Sunday. The group warned of […]

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Just in:
Technology shares plunge as Nasdaq enters correction // OpenAI identifies 948 Linux privilege escalation flaws using AI // Dubai boat show confirms international shipyard line-up for November // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Ousted top Kochi cop gets IG post // Dubai details five-year visa benefits for returning visitors // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Hong Kong mandates crypto transaction disclosures to tax authorities // Private varsities bill all set to face the axe // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Emaar approves Development buyout ahead of planned delisting // Meraas showcases five residential zones at Dubai Design Week // Oil advances towards $100 as tanker attacks persist // TVM –Mangaluru Vande Bharat claims top spot // Cloudflare unveils Zero Wire vulnerability intelligence service // Oil and chip shares retreat after Democratic victories // UK air traffic outage inflicted £33m financial losses //