More than 100 cloud seeding missions were carried out in the UAE in the first quarter of 2017, Arabian Business can reveal. Figures obtained from the National Centre for Meteorology and Seismology (NCMS) show that the UAE conducted 101 cloud seeding operations between January and the end of March, compared to 77 missions in the same period last year. This represents a 30 percent increase from the […]
21 April 2017 San Francisco – A culture of trust is the key to retaining talent in the Gulf States, according to research and consulting firm, Great Place to Work. Great Place to Work’s annual study of the Gulf States’ Best Workplaces reveals that employees at the top 60 Best Workplaces indicate that managers behaving in a respectful way is the most significant factor for employees to […]
Philippine News DoE keeps its hands off ERC squabbleBusinessWorld Online EditionTHE Department of Energy (DoE) on Thursday said it has kept its hands off the squabble involving key officials of the Energy Regulatory Commission (ERC), citing the latter’s independence and the issue’s “sensitivity.” rnEnergy Regulary Commission …Complaint filed vs. ERC chair over civil service violationsPhilippine News all 2 news articles » (via Google News)
The Federal Reserve appears to believe that the size of its balance sheet matters, but not that bigger is better. The question is, why not? As the Fed pushes ahead with plans to shrink its stock of about $2.5tn of Treasuries and $1.8tn of mortgage-backed securities to “normal”, it is puzzling that officials haven’t provided a compelling case for why the move is either necessary or desirable. […]
Good morning. Program changes are same old The swashbuckling Murdochs now look as milquetoast as old media rivals whom they upended and disdain. With the belated firing of Bill O’Reilly, the monarchical lords of 21st Century Fox turned 1990s with their initial programming decisions. Yes, you can easily make dumb decisions when you’re king of any media hill and a financial juggernaut. But the initial post-O’Reilly programming […]
Dubai-based retailer Marka has announced that it is opening the first Reem Al Bawadi outlet in Abu Dhabi as part of its ongoing expansion plans for its flagship brand. The new restaurant brings Reem Al Bawadi to Dalma Mall and will offer a total capacity of 243 covers, with 111 seats inside and 132 seats outside. The venue, which will open this spring, also features a TV […]
General Electric Co (GE.N) reported a 1 percent decline in quarterly revenue on Friday, hurt by lower sales in its oil and gas and lighting businesses. However, earnings from continuing operations attributable to GE shareholders rose to $858 million in the first quarter ended March 31, from $248 million a year earlier. Earnings per share from continuing operations rose to 10 cents from 3 cents. (invent.ge/2obaxNT) Total […]
Usually the news is a pretty depressing business. Every now and then there’ll be something mildly positive squeezed in between articles about death and political turmoil, but for the most part it’s a near-constant stream of misery. The local news is different, though. Hidden in the corners of small British news sites and in the back pages of local papers are stories that are, quite simply, glorious. […]
SYDNEY U.S. Vice President Mike Pence is expected to discuss trade and regional security when he meets Australian Prime Minister Malcolm Turnbull on Saturday, Australian officials said. Pence arrives in Australia late on Friday for the last stop on his 10-day tour of U.S. allies in the Asia-Pacific region that has included a series of roundtables with leading business executives in South Korea, Japan, and Indonesia. His […]
The Grammy award-winning Chamber Orchestra of Europe is the latest high profile performance to be confirmed for Dubai Opera. The critically acclaimed chamber orchestra will take to the stage on November 2 and 3 and will feature works by Mozart and Beethoven. Tickets went on sale on Thursday. Widely renowned as one of the finest chamber orchestras in the world, the Chamber Orchestra of Europe has performed […]
HMH – Hospitality Management Holding is all set for a strong presence at Arabian Travel Market 2017 (ATM). 21 April 2017HMH – Hospitality Management Holding is all set for a strong presence at Arabian Travel Market 2017 (ATM). Mr Ferghal Purcell, COO of HMH, said, “We have a number of strategic announcements lined up for ATM this year that is the MENA region’s largest B2B travel and […]
PANAMA CITY — The co-founder of the law firm at the center of the Panama Papers scandal says the fallout has set off a “thriving” boom in the creation of tax shelters in the United States. Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained Thursday by AFP that after the Panama Papers leak a year ago, […]
By Kate Holton and William Schomberg | NEWTON FERRERS, England/LONDON NEWTON FERRERS, England/LONDON Before last year’s Brexit vote, Scott McCready was struggling to fill his holiday cabins on the coast of southwest England. Now the site is fully booked with British tourists avoiding more expensive foreign trips following a plunge in the pound. This turnaround in the 10 months since Britons decided to leave the European Union […]
Your daily guide to community and cultural activities across the Emirates for April 21, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Kids’ fun Take […]
Booking a trip can feel like navigating through a maze, with hundreds of thousands of hotels, flight options and combinations to choose from. Which is where online travel agencies come into play. Filtering results as per your selection offers a convenient way to book flight deals and hotel stays that match your budget, date and time requests, as well as your personal preference when it comes to […]
The London Metal Exchange, facing falling trading volumes and tougher competition, plans to ask its members to evaluate wide-ranging reforms that are intensifying a robust internal debate over its future. The 140-year institution is set to outline proposed reforms in the coming weeks, evaluating almost all aspects of its business, including whether it should become more similar to rivals such as the CME Group, the world’s largest […]
MELBOURNE Chevron Corp lost an appeal on Friday against the Australian tax office in a landmark case in which the U.S. energy giant contested a tax bill of A$340 million ($260 million), including penalties and interest. The full bench of the Federal Court dismissed the appeal against an earlier ruling that Chevron underpaid taxes by setting up a A$2.5 billion intercompany credit facility with an abnormally high […]
Foreigners will no longer be allowed to work in Saudi Arabia’s numerous shopping malls, the labour ministry announced Thursday, in the latest measure to boost employment of Saudis. The kingdom has intensified efforts to develop more jobs for its citizens under a wide-ranging drive that began last year to diversify the oil-dependent economy. Known as Vision 2030, the plan calls for development of non-oil industries, small and […]
Bali, the Indonesian island with picture-perfect natural landscapes and rich culture is a favourite amongst travellers from all over the world for a reason. Boasting serene beaches, volcanic mountains and scenic rice paddies, the isle east of Java is not only a visual treat, it also presents visitors with a buzzing art scene, delectable cuisine and recreation like no place else. Far off from the tourist hotspots […]
By Maiya Keidan and Jemima Kelly | LONDON LONDON Hedge funds lost out on Tuesday after British Prime Minister Theresa May shocked markets by calling a snap election, but those led by humans outsmarted those led by machines, in a reversal of fortunes from the Brexit referendum. While computer-driven hedge funds garnered plaudits for their outperformance in the wake of Britain’s shock vote to leave the European […]
The Federal Trade Commission has sent warnings to Instagram celebrities, prompting them to clearly state which of their posts are sponsored. When following celebrities on Instagram, it can get tough at times to distinguish which of their posts are regular and which are paid ads. This could change soon enough, if the FTC has its way. Instagram Celebrities, The FTC Is Watching The FTC has sent more […]
US mortgage group Ocwen has lost more than half its market value after the Consumer Financial Protection Bureau sued it over “systemic” misconduct, a reminder of the power wielded by the Washington regulator that Republicans have vowed to rein in. Several states are also taking action as they prepare to revoke operating licenses for the New York-listed company, which was founded in 1988 and employs more than […]
Poynter on Thursday announced a final list of 21 local news organizations that will participate in the Poynter Local News Innovation Project, receiving guidance from the Institute to help them transform their newsrooms into digital-first enterprises. The program, a project of the Knight-Lenfest Newsroom Initiative, is designed to spur digital transformation in local news organizations and will include tiny, low-circulation newspapers as well as major metros. Here’s […]
Emirates will shift aircraft to destinations in Malaysia, Oceania and Africa as the airline scrambles for alternatives after eliminating 25 weekly flights to the US in the fallout from President Donald Trump’s travel restrictions. Planes on US routes usually fly more than 80 percent full in the summer season but are now “percentage points” less than that, hurting the flights’ profitability, Emirates President Tim Clark said in […]
