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Sharjah Investment and Development Authority (Shurooq) has announced the launch of a new brand of hotels – Sharjah Collection.       In its first phase of development, Sharjah Collection has unveiled its first three properties, including Kingfisher Lodge, a collection of tented lodge-style accommodations surrounded by mangroves and diverse ecological zones.  Al Badayer Lodge will also be included and will be developed against the backdrop of a prominent natural […]

OIAPOQUE, Brazil – Deep beneath the waters of the Atlantic off Brazil’s most northern coast, French major Total SA is hunting for what it hopes will be Latin America’s next big oil discovery. Metal drill bits, pipes and containers filled with equipment sit in the tropical port of Belém, near the mouth of the vast Amazon River, ready to sink the first exploratory wells 120 km (75 […]

Pantech, Korea’s third-largest handset maker, has suspended its smartphone business and will commence restructuring, a move that could see it end for good despite surviving a dramatic bankruptcy filing two years ago. In an email to employees, Jung Jun, the chairman of Optis, the parent company of Pantech, said the company will halt production of smartphones and commence the restructuring. The company will retain its Internet of […]

Aldar Properties has signed a partnership agreement with Al Fahim Group to bring the world’s first Mercedes-Benz and AMG showroom and express service centre to Yas Island. Construction is scheduled to start in the fourth quarter of 2017, with handover to Al Fahim Group in early 2019, Aldar said in a statement. The 5,900 sq m Mercedes-Benz and AMG showroom represents a sizable portion of the gross […]

By Dan Levine | SAN FRANCISCO SAN FRANCISCO A U.S. judge on Thursday rejected Uber’s [UBER.UL] bid to send its high-profile trade secret dispute with Alphabet’s (GOOGL.O) self-driving Waymo unit to a private legal forum, a setback for the ride services company. U.S. District Judge William Alsup in San Francisco also partially granted Waymo’s bid for an injunction against Uber over its self driving car program. However, […]

The welcome I arrive using the minivan shuttle service that runs between the Monte Carlo SBM’s four hotels every 20 minutes. Travelling from the five-star Hermitage, with its old-world beauty dating from 1900, to the Monte Carlo Bay Hotel & Resort, a four-star, 10-storey structure opened in 2005, is less jarring than expected – the newer hotel is both inviting and more laid-back. Check-in is done quickly […]

Female professionals in Singapore are calling it quits, as 77% of them set their sights on better job opportunities in the next 12 months, according to findings from a new study by Monster.com. The study, which surveyed over 2,000 respondents across Southeast Asia, sheds light on the challenges women and mothers face in the workplace. Through the study, Monster.com wants to help employers understand how to bridge […]

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A $100 million fund has been launched in Bahrain to invest in the country’s small and medium-sized enterprises (SMEs). The initiative has been unveiled by the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group, in partnership with Ibdar Bank, and Labour Fund Tamkeen. The Bahrain SME Fund is a Shariah compliant mezzanine private equity fund which will target […]

By Ju-min Park and Christine Kim | SEOUL SEOUL South Korea’s new president launched international efforts to defuse tension over North Korea’s weapons development on Thursday, urging both dialogue and sanctions while also aiming to ease China’s anger about a U.S. anti-missile system. Moon Jae-in, a liberal former human rights lawyer, was sworn in on Wednesday and said in his first speech as president he would immediately […]

WILMINGTON, Del. A judge effectively killed off any practical chance of Anthem Inc (ANTM.N) merging with Cigna Corp (CI.N) on Thursday as he declined to order Cigna not to terminate the deal. Judge Travis Laster of Delaware’s Court of Chancery denied Anthem’s request for a preliminary injunction but stayed implementation of his ruling until noon on Monday to give the insurer time to decide if it will […]

For IT executives and professionals, adoption of Agile and DevOps approaches is a no-brainer — encouraging collaboration on software projects at all stages helps get projects out the door faster, with the blessings of the business. Everybody feels better about the deliverable. Photo: HubSpot However, it’s not clear how much value businesses are actually seeing out of such efforts. It’s not that DevOps and Agile are not […]

By Brad Brooks and Anthony Boadle | SAO PAULO/BRASILIA SAO PAULO/BRASILIA Former Brazilian President Luiz Inacio Lula da Silva’s combative testimony before a federal judge this week did little to dismantle the graft case against him and improve his chances of securing a new term in office. Lula, a founder of the leftist Workers Party (PT) that controlled Brazil’s presidency from 2003 until last year, can only […]

The UAE hotel group Rotana opened its second property in Erbil, Iraq, this week. The Erbil Arjaan by Rotana is an alcohol-free property situated on the northern edge of the city. The Erbil Rotana, which opened six years ago, is on the western side of the city, and both are a 10-minute drive from the airport. The new hotel has 168 hotel apartments, two restaurants, extensive office […]

King Abdullah II of Jordan, Algerian President Abdelaziz Bouteflika and Niger’s Mahamadou Issoufou are among leaders invited by Saudi King Salman for a summit with US President Donald Trump. The Arab-Islamic-American Summit will be among a series of talks expected to be held in Riyadh on May 20-21, Saudi officials said. Trump has frequently been accused of fuelling Islamophobia but aides described his decision to visit Saudi […]

ROME An Italian court has said divorce settlements should no longer guarantee spouses their previous standard of living but rather simply make sure they were financially independent. The top appeals court ruling could bring an end to the huge settlements seen in some break-ups, such as the 1.4 million euros ($1.5 million) a month that former prime minister Silvio Berlusconi has to pay his ex-wife, Veronica Lario. […]

Manama Bahrain, 11th May 2017 Bahrain Cinema Company, market leaders in the entertainment industry in the Kingdom of Bahrain, announced the launch of the second branch of the authentic Indian and Chinese cuisine restaurant, Takatak, along with a first of its kind Indian street food cuisine restaurant, Chaat & Chai, at Lulu Mall, Hidd on 11th May 2017. A number of exclusively invited VIPs attended the launch […]

By John McCrank | NEW YORK NEW YORK Goldman Sachs Group Inc (GS.N) will launch a new private stock-trading venue, known as a “dark pool,” on Friday, that is run by exchange operator Nasdaq Inc (NDAQ.O), according to a note to clients obtained by Reuters. Goldman has been refreshing its trading technology to become more competitive in its electronic stock execution business, and hired Nasdaq last year […]

The lead actors of Disney and Cameron Mackintosh’s hit musical, “Mary Poppins”, were pictured in their full costume at Burj Khalifa, the world’s tallest tower. Having flown onto the Dubai Opera stage for the first time last week, the international hit musical “Mary Poppins” is currently running on the Dubai Opera stage until May 25. Leading the cast in the role of “Mary Poppins” is Zizi Strallen, […]

Microsoft showed off the forthcoming return of OneDrive placeholders to Windows 10 at its Ignite conference earlier this year. The most eagerly awaited new feature in the Windows 10 Fall Creators Update isn’t new at all. see all of ed bott’s Windows 10 Tips OneDrive Files On-Demand, which Microsoft showed off during the Day 2 keynote address for its Build 2017 developers conference today, marks the return […]

11 May 2017 With an extensive Gulf and International participation, the Saudi Elenex and Saudi Aircon Exhibitions will kick off during the period between 14 to May 16, 2017 at the Riyadh International Convention and Exhibition Centre, Riyadh Exhibitions Co. Ltd, the organizing company, announced that it is looking on the twentieth edition to attract more than 5000 experts, which is held under the diamond sponsorship of […]

Inspectors from the General Administration of Customs – Abu Dhabi have foiled an attempt to smuggle three kilograms of narcotics at the Al Ghuwaifat Border. Working in coordination with the Drug Enforcement Section at Abu Dhabi Police, the customs officers found the narcotic substances hidden in the roof of a truck’s interior, state news agency WAM reported on Wednesday. Inspectors subjected the vehicle to a detailed inspection […]

Volkswagen AG’s (VOWG_p.DE) U.S. unit said Thursday it has named a KPMG LLP director, Stephanie C. Davis, as its chief compliance officer after it was sentenced in April in its diesel emissions scandal. The German automaker said Davis has worked at the audit, tax, and advisory firm on compliance issues. Last month, former deputy U.S. attorney general Larry Thompson was tapped to serve as independent monitor of […]

Moon Jae-in’s presidency of South Korea began with admirable pledges to handle an unpredictable and belligerent next-door neighbour, North Korea, and tackle economic problems. He will also tackle broader regional tensions, China’s outrage at the United States THAAD missile defence system in South Korea and rising fears over that same northern neighbour‘s nuclear programme. But one other challenge may be almost as crucial in determining the success […]

Uber should be regulated as a transport company and be subject to the same rules as normal taxis, according to a non-binding opinion by the Advocate General at the EU’s top court. The opinion, stating that the US ride-hailing app “must be classified as a ‘service in the field of transport’”, would deal a major blow to Uber if followed with a final judgment by the European […]

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