logo

Articles written by
arabian post staff

|By TAP Staff| Saudi Arabia’s bourse regulator on Tuesday suspended share trading in the shares of Mobily and Zain Saudi after a bitter money dispute between the two telecom operators snowballed into a major controversy. The decision by the Capital Market Authority follows a Mobily statement that it had asked for arbitration about money it claims it is owed by smaller rival Zain Saudi. Trading in the […]

|By TAP Staff| Within the tech industry this year, several companies from Amazon to Facebook to Twitter have publicly released their workforce diversity demographics. A Glassdoor report based on its salary and company ratings database on comparison of  compensation and employee satisfaction between men and women at a sample of 25 of the largest tech companies shows that at most of these companies, men report earning a higher base salary than […]

|By TAP Staff|Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud secured a London court ruling in his favour in a defamatory suit against Forbes for an article carried by the magazine on him in April 2013. Alwaleed maintained that Forbes defamed him by falsely accusing him of defaulting on important contractual obligations, dishonestly manipulating the share price of Kingdom Holding Company, and firing KHC’s auditor […]

I recently reached out to my Twitter followers, asking “What can I, as a VOA reporter in Washington, write about that you need/want to know?” The responses were varied and interesting, but one topic dominated: U.S. policy in Syria. Why hasn’t the U.S. done more to help the Syrian people? “There is lot of frustration with the Obama’s administration’s ambiguous, vague and often incoherent strategy regarding dealing […]

|By TAP Staff| JAFZ, EZW’s primary business unit representing 97 per cent of revenue and operating profit for the year ended 31 December 2013, is a 57 square kilometre modern commercial and industrial logistics park adjacent to DP World’s flagship Jebel Ali port in Dubai. The free zone is an integral component of the supply chain for DP World’s customers at the Jebel Ali port. DP World […]

By SOMINI SENGUPTA November 10, 2014 UNITED NATIONS — The United Nations secretary general announced on Monday that a five-member panel would investigate the attacks on more than 100 United Nations facilities and the death of 11 of its staff members during the Gaza conflict during the summer, defying Israeli demands to wait until the conclusion of its own government inquiry. The United Nations usually conducts such in-house inquiries […]

|By TAP Staff| Amanat Holdings announced that its AED 1.375 billion Initial Public Offering (IPO) was nearly 10 times oversubscribed. The integrated healthcare and education company  collected more than AED 13.6 billion in total during its 16-day IPO. The company said shares have been allocated proportionately to subscribers and excess funds are due to be returned to investors on November 11, 2014. Amanat is scheduled to list […]

Advertisements

|By TAP Staff| Dubai International Financial Centre (DIFC) Court of First Instance hast confirmed its jurisdiction over a lawsuit by an expatriate investor, resident in Dubai, against India’s ICICI Bank, registered in the DIFC. In May, Indian citizen Kishanchand Gangaram Bhatia filed suit in the DIFC Court of First Instance alleging that ICICI Bank induced him to invest in an unsuitable fund and had not disclosed material […]

|By TAP Staff| Tecom Investments, a unit of Dubai Holding has mandated banks to raise a syndicated loan, with two banking sources saying the facility would be worth 4 billion dirhams ($1.1 billion). The banks are Citi, Dubai Islamic Bank , Mashreq, Abu Dhabi Commercial Bank and Noor Bank. Tecom Investments is expected to use the proceeds for its growth plans, while some of the cash will […]

New Delhi: The attorney-general (A-G) has recommended cancellation of a proposed defence deal for the acquisition of eight minesweeper vessels, estimated to be worth about Rs 6,000 crore, from the South Korean Kangnam Corporation after allegations of involvement of middlemen, official sources in the ministry of defence (MoD) have confirmed.   The MoD had sought the view of A-G Mukul Rohatgi in the matter. The government may […]

National Bank of Abu Dhabi (NBAD), the largest lender in the United Arab Emirates, has appointed a veteran former Barclays banker to run its consumer banking business, a source familiar with the matter told Reuters on Sunday. Suvrat Saigal, previously head of consumer banking at Barclays in India, takes over from George Beatty, who resigned in January as NBAD’s general manager of consumer and elite banking. An […]

|By TAP Staff| Nigerian property investors account for 60 percent of hotel apartment purchases in the Dubai  hospitality market, according to a Nigerian newspaper. During the property market boom which suffered a crash in the world economic recession of late 2008 to 2010, Nigerian investors accounted for well over 40 percent of Dubai’s  residential market, such that a significant number of houses on Palm Jumaireh—one of Dubai’s exclusive […]

Israeli police officers arrested a right-wing activist on Thursday after he tried to access the sacred plateau revered by Jews as the Temple Mount and by Muslims as the Noble Sanctuary in the Old City of Jerusalem. By ISABEL KERSHNER and JODI RUDOREN October 30, 2014 JERUSALEM — Under heavy pressure and the threat of new Israeli-Palestinian strife, Israel announced on Thursday that it would reopen a contested holy site in […]

Alongside the Dubai Mall, one of the world’s largest shopping centers, sits an ersatz version of what would be an authentic retail experience in most Persian Gulf cities: an Arab souk. If, in the evening, you stroll through this air-conditioned, hassle- and haggle-free caricature of a market, staffed mostly by smiling South Asians, you can amble out onto the shores of man-made Burj Khalifa Lake, named after […]

Look at computer models for the Venice-like Arabian Canal proposed for central Dubai, or the plans for the world’s biggest shopping mall, and it seems as if the collapse of the United Arab Emirates real estate market six years ago never happened. Citibank estimated earlier this year that there were already two thirds of a trillion dollars worth of construction projects underway in the UAE. That was […]

|By TAP Staff| International Monetary Fund  is pleased to note the moderation in the prices of  Dubai’s properties, a senior IMF official said. The IMF has previously warned that rapid rises in Dubai real estate prices, which earlier this year were in some cases a third higher than they were 12 months previously, could lead to another bubble and then a crash in the emirate. But Masood […]

|By Rashidul Bari| When I was writing Grameen Social Business Model, a book detailing the search for a weapon to use against poverty and terrorism, Malala Yousafzai played a key, but kind of secondary, role, a supporting character. But I kind of found, when I was writing another article, “Why do they Hate Obama?” that the force of Malala kept trying to take over, kept trying to […]

|By TAP Staff| Flydubai, Dubai’s low-cost carrier, is following its big brother Emirates airlines to debut a benchmark-sized sukuk issue for which it has mandated seven banks. “As part of the diversification of our financial strategy, we are in discussion with our advisers to explore the possibility of issuing a bond and we will continue to explore all financing options available to us,” flydubai said in a […]

|By TAP Staff| Dubai-headquartered Transworld Group and NAWAH announced entering into a formal agreement to service Iraq’s growing demand for imports, linking their shipping, logistics, marine services and port capabilities. As part of their agreement, Transworld Group and NAWAH Port Management will team up to increase the flow of essential goods coming from the broader Middle East, Indian subcontinent, Far East and Southeast Asia into the historic […]

By BRIAN KNOWLTON October 12, 2014 WASHINGTON — Fighters for the Islamic State were managing to blend in with disenfranchised Sunni populations in some Iraqi towns and villages near the capital, raising the chances of militant attacks against targets in Baghdad, President Obama’s top military adviser said on Sunday. “I have no doubt there will be days when they use indirect fire into Baghdad,” the adviser, Gen. Martin E. […]

|By TAP Staff| The Board of Directors of Emaar Properties  has approved a Special Cash Dividend of AED 9 billion (US$ 2.45 billion) to be distributed to the company’s shareholders taking the total value of dividends distributed this year to over AED 17.12 billion (US$ 4.66 billion) – one of the largest announced by any listed company in the UAE. The total value of the dividends is […]

|By TAP Staff| Etisalat is planning its first ever sukuk issuance in a follow-up to its debut conventional bond earlier this year, bankers are being quoted as saying. According to these sources, the state monopoly telecom player of the UAE, rated Aa3/AA-/A+, is in talks with banks for the potential Islamic bond issuance, proceeds of which are set to go towards infrastructural improvements of its telecommunications network. […]

|By TAP Staff| The herd mentality on the UAE stock market is once again visible, with a flurry of new stock listings that could scupper the market’s nascent revival. Prospective companies do not seem to be in a mood to wait and want to go to the market ahead of others. The first IPO in five years came when Emaar Malls Group floated an issue and attracted […]

|By TAP Staff| Mobogenie , the fastest growing developer of applications for android and mobile devices, announced the launch of a new app development platform named CYMaker at the Global App Summit in Dubai. Mobogenie claims it will open up the world of app development through a simplified, free of cost solution with no limitations, no hidden fees, and no credit card requirement. Visitors to the Global […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Apple unveils iPhone Duo as first foldable handset // Iran threatens tankers in Kuwait and Bahrain ports // Treasury yields advance as oil fuels Fed hike bets // France launches REACTIV cyber unit for ministries // Satellite tracking sharpens Nepal glacier flood warnings // flynas takes 10% holding in Swissport Saudi Arabia // TP named Frost & Sullivan’s 2026 Asia-Pacific Company of the Year in Customer Experience Management Services // Al Marmoom expands Emirati cooking experience for visitors // Hunter Biden memecoin erases 99% after launch // Bain Capital and Omnam Group announce the sale of the Lake Como Edition Hotel to Sansiri Capital // Ping An Digital Bank Celebrates 6th Anniversary with Exclusive 3 Hong Kong and 3SUPREME Collaboration // DMCC opens record silver bar to tokenised investors // EMM4 enters Chile’s music scene with AI debut // AMAP Platform Showcases Spatial Intelligence at Qwen Conference Thailand 2026 // North Korea defence chief vows response to drills // Researchers disclose WeChat zero-click call worm // East West Barbershop: Bringing Vietnamese Barbering to Europe Through Skill and Identity. // China oil demand contracts as Sinopec sees 8.9% drop // DP World, GulfCap formalise Mombasa industrial park venture // Malaysia evaluates Huawei chips for national AI network //