|By Arabian Post Staff| Etihad Airways is in talks with banks to raise about $2.6 billion in loans to finance aircraft deliveries, Bloomberg reports quoting sources. The agency said the airline is seeking to raise $2 billion in 12-year loans for 10 Boeing Co. Dreamliner aircraft and about $600 million in financing for two Airbus Group SE A380 superjumbos. Bloomberg said low-cost carrier FlyDubai is also in early […]
MANILA: A major undersea earthquake with a magnitude of 7.3 struck southeast of the Philippines on Tuesday (Jan 10), the US Geological Survey (USGS) said. The quake was measured by USGS to be at a depth of 613km and no tsunami alert has been issued. However, there have been reports of people in Sabah – including in Sandakan and the city centre – evacuating buildings after strong […]
“Have you ever eaten Danish food?” Chef Henrik Yde Andersen asks me during a morning Skype call. He is absent-mindedly waving about a cup of coffee as he talks. “It is rather bland – all potatoes and cabbages – and so, when I first encountered Thai cuisine, during a holiday on the island of Krabi many, many years ago, I cried my eyes out – from the […]
Submitted by Soeren Kern via The Gatestone Institute, Sharia courts administering Islamic justice in Britain are run by clerics who believe some offenders should have their hands chopped off, according to Muslim scholar Elham Manea. She described the prevailing attitude as “totalitarian” and as more backward than some parts of Pakistan. Teaching children fundamental British values is an act of “cultural supremacism,” according to the National Union […]
The military, security experts and soldiers at the scene quickly rejected that notion. “Those who ran from the scene were not concerned about Azaria, but about their own well-being,” said Yehuda Ben Meir, an expert in national security and public opinion at the Institute for National Security Studies at Tel Aviv University. Continue reading the main story Still, the argument — unfolding in full volume on Israeli […]
|By Arabian Post Staff| Saudi Arabia is working with PricewaterhouseCoopers on plans to cancel about $20 billion of projects as the kingdom seeks to shore up its finances, Bloomberg reported quoting sources. The Ministry of Economy and Planning hired the consultancy firm to review $69 billion of government contracts with a view to cutting about a third of them, it quoted sources as saying. Projects under review […]
No one can ever confidently predict what will happen in the following 12 months, but forecasting 2017 is particularly difficult. The surprises of 2016 (Brexit and the election of Donald Trump are at the top of the list but there were others, including the sacking of the entire Kuwaiti parliament, Saudi Arabia’s backflip on its oil production policy and the sudden demonetisation in India) demonstrate that we […]
‘This is a product of a wild and active imagination. It’s adding a plus-plus when there’s nothing there,’ says policy expert Tony La Viña Rappler.com Published 7:00 PM, January 09, 2017 Updated 7:00 PM, January 09, 2017 INCRIMINATING EMAILS? The internet explodes into a frenzy over supposed leaked emails from the Office of the Vice President containing negative messages about President Rodrigo Duterte. The buzz started among […]
Bahrain’s government needs to implement an action plan in order to help hotels overcome financial challenges such as low room occupancy rates and increased overhead costs, with four and five-star hotels having reported an average room occupancy rate of 40 percent last year, experts said. The industry took a hit in 2015 due to low oil prices and remained slow throughout 2016, Bahrain Four Star Hotels Committee […]
Sources within the Office of the Prime Minister speaking to The Malta Independent on Sunday have indicated that the audit commissioned into the financial affairs of Minister Konrad Mizzi will be published next month to coincide with a fact-finding mission to Malta by the European Parliament’s Panama Papers committee. The committee, named the PANA Committee, is due to visit Malta on 20 February. The […]
We are already witnessing the emergence of a digital divide: by 2020, every business will be either a digital predator or digital prey, according to Forrester Research. Digital disruptors are driving change everywhere, including in the Middle East, with people watching entertainment on Netflix, booking rides through Careem, and finding places to stay via Airbnb. However, according to a recent Forbes article, as many as 84 percent […]
|By Arabian Post Staff| Japanese Olympus Corporation, the world leader in the manufacture of high-end optics and precision electronics used by the aviation industry, is establishing its Middle East and Africa (MEA) headquarters in Dubai. The facility will incorporate a state of the art service and training centre for both support and knowledge transfer. From Dubai, the headquarters will cover 72 countries from across the South Africa […]
Photo The Russian aircraft carrier Admiral Kuznetsov has been called back to its home port, Murmansk. Credit Norway Royal Airforce, via European Pressphoto Agency MOSCOW — Russia has ordered its only aircraft carrier to return home, part of a general drawdown of forces involved in the Syria conflict, a senior general announced on Friday. The carrier, the Admiral Kuznetsov, was sent to the eastern Mediterranean in the […]
Saudi Arabia’s non-oil private sector strengthened again in December after touching record lows in October, according to a new business survey. Data from the Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) showed that output rose at the sharpest rate since August, while new orders increased at a marked, albeit slightly slower, rate. Companies responded to increased requirements by raising their purchasing activity and boosting inventories amid […]
Facebook’s new head of news partnerships will be Campbell Brown, the founding editor in chief of a nonprofit educational news site. Brown, who was previously a journalist for CNN and NBC News, will be “working directly with (Facebook’s) partners to help them understand how Facebook can expand the reach of their journalism, and contribute value to their businesses,” she wrote on Facebook Friday. Brown founded The Seventy […]
It’s not exactly “Dewey defeats Truman,” but the cover of Thursday’s Express, The Washington Post’s free publication, is a doozy. The cover, which leads with the origins of this year’s Women’s March on Washington, shows people scattered into a well-known symbol. The problem? It’s the wrong symbol. Mid-morning Thursday, Express tweeted an apology: We made a mistake on our cover this morning and we’re very embarrassed. We […]
A revolving door of cable news show hosts continued spinning Thursday as Tucker Carlson got a new gig at Fox News, while former colleague Greta Van Sustern got a new home at MSNBC. Two days after Megyn Kelly announced she was leaving a popular Fox perch for NBC News, Fox moved quickly and promoted Carlson to her prime-time spot. That leaves its primary evening line-up resembling an […]
Foreign financial support to the Palestinian budget is running at about half the forecast level, the Palestinian prime minister told local media on Tuesday, meaning deep cuts will have to be made to the budget this year. At its cabinet meeting, the government said it expected to run a budget deficit of 4.12 billion shekels in 2017 ($1.06 billion), approaching 15 percent of gross domestic product. “We […]
|By Arabian Post Staff| French alternative investment firm Ardian is in talks to take a stake in Mubadala Development Co.’s $2 billion private equity portfolio, Bloomberg reported quoting sources. Bottom of Form Under the terms being discussed, according to Bloomberg, the Abu Dhabi sovereign fund would place the assets into a new vehicle, and Ardian would buy a 50 percent stake for about $1 billion. The French […]
Your daily guide to community and cultural activities across the Emirates for January 3, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Sign up to take part in the prana flow masterclass led by Rob Hess at Bodytree Studio. Open your mind and connect to your inner fire on this journey through […]
For a long time, no visitors were allowed in his hospital room; the burn unit was a sterile environment. But on the morning Miller’s arm was going to be amputated, just below the elbow, a dozen friends and family members packed into a 10-foot-long corridor between the burn unit and the elevator, just to catch a glimpse of him as he was rolled to surgery. “They all […]
There’s no question that Russia wanted Donald Trump to win the 2016 Presidential campaign. Trump’s own tweets stated he wanted the Russians to hack Hillary Clinton’s email. The Democratic National Committee (DNC) email was hacked. But the Department of Homeland Security and Federal Bureau of Investigation’s Joint Analysis Report (JAR) on Russian cyber attacks doesn’t prove the Russians were behind the DNC hacks. The P.A.S. web shell […]
These are the main events that took place in February 2016. 3 February The government proposed to completely repeal two articles in the Criminal Code which make it illegal to vilify religion “by words, gestures, written matter, whether printed or not, or pictures or by some other visible means. Another of the amendments proposed was to criminalise revenge porn. 3 February The government in […]
Make this the year your phone saves you time. Instead of wasting it with social media and silly games, The National staff has put together its list of the most helpful apps. Have anything to add? Send us an email at [email protected] newslide Dubai Now Dubai Now is invaluable for anyone who lives in Dubai. Every city in the world should have an app like this. It […]
