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The options for going elsewhere might soon shrink. At least 16 other countries have committed to creating similar public registries, according to Global Witness. In Ottawa, Finance Minister Bill Morneau says the issue is on the radar. “We’re absolutely in favour of knowing who is registering companies, what their goals are and what taxes they should be paying in our country and that they’re not in any […]

SAN FRANCISCO U.S. companies scrambled on Saturday to cope with the fallout from President Trump’s executive order on immigration, with Google urgently calling back employees from overseas and companies rushing to provide legal advice and assistance. Trump’s order bars citizens of seven countries from entering the United States even if they hold valid visas or permanent residence permits, a move that caught many companies off-guard. Google Chief […]

US president Donald Trump and his Russian counterpart Vladimir Putin plan to meet soon to discuss “joining forces” in the Syrian conflict and “partnering” to solve a range of global issues, the Kremlin said on Saturday. During a 45-minute phone conversation, their first since Mr Trump was sworn in last week, the two men spoke in a “positive and businesslike manner” aimed at “stabilising and developing Russo-American co-operation”, according […]

26 January 2017 Dubai:  “Biznet” Consulting, the leading company in the field of single window application system for various fields, such as construction and business, has promulgated and announced the start of its operations, aiming to expedite and simplify information flows between trade and government bring meaningful gains to all parties involved. Ismail Al Hammadi, CEO of “Biznet” Consulting, assured that the launch of the company’s services will […]

Propertyfinder Group, the UAE-based real estate search portal, expects unit handovers in Dubai this year to be significantly lower than developers’ official projections. The company said that while this may not be welcome news for off-plan investors hoping to soon pick up their keys, a more protracted handover schedule is better for market stability. “As most local developers rely on purchaser funds to complete the project, the […]

After testing out TripIt Pro and receiving hundreds in credit for a future vacation flight, I’ve been an annual subscriber. The app is regularly updated and the latest improvement fills a gap in my travel plans. The latest version for Android and iOS introduces TripIt Navigator. This feature helps you get from point A to point B with a search tool that shows you various transportation options […]

By Christine Murray | MEXICO CITY MEXICO CITY Billionaire Carlos Slim said on Friday that Mexico should not fear Donald Trump, seeing opportunities for his country in the U.S. president’s economic policies, and praising Mexicans for uniting behind their government in talks with the northern neighbor. In a rare news conference, the telecommunications and construction mogul called Trump a negotiator, “not Terminator” and said his repeated attacks […]

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ABU DHABI // Brigitte Scholz made two mistakes that landed her in prison. The first was to trust the Nigerian “businessman” who absconded with $180,000 that she was convicted of stealing. The second was to employ a “lawyer” who turned out to be a conman. As reported in The National last week, Mohamad Al Kawadri is one of a group of impostors posing as lawyers who tout […]

The UAE’s Federal Authority for Nuclear Regulation (FANR) has issued licences to transport unirraditated nuclear fuel and to handle and store the fuel at Unit 1 of the Barakah Nuclear Power Plant in Abu Dhabi. FANR said in a statement that it approved the issuance of the transport licence and the handling and storage licence to the Emirates Nuclear Energy Corporation (ENEC) and Nawah Energy Company, respectively. […]

The New York Times is not heeding the admonition to “keep its mouth shut” from Steven Bannon, President Trump’s strategic Svengali, judging by a pointed tweet sent Trump Saturday. A brief volley of tweets falls short of open warfare but is far from the abject, humiliation drenched passivity that Bannon feels apt from The Times and other media. It was all prompted by Trump’s curious and seeming […]

Dubai, 26 January 2017  Dentons advised Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, on its inaugural issuance of US$150 million trust certificates (Sukuk) due 2020, which completed on 24 January 2017. In addition to being AFC’s maiden Sukuk issuance, the transaction represented the first Sukuk to be issued by an African supranational entity. The Sukuk were offered to international investors […]

There has been plenty of gloomy news for the country’s airlines but clear skies are ahead, says Courtney Trenwith Source link

BERLIN Germany’s motor industry watchdog raised suspicions Volkswagen (VOWG_p.DE) was using prototype vehicles to lower carbon dioxide (CO2) emissions in tests in 2015 soon after VW’s manipulation of diesel emissions tests was uncovered, the Berliner Zeitung newspaper reported on Saturday. It quoted the Federal Motor Transport Authority (KBA) as telling VW in a November 2015 email it would choose test models randomly and appoint new external experts […]

Apple is joining the Partnership on AI, a group that aims to create best practices for artificial intelligence, keep an open dialogue with experts, and ponder how society and business can benefit. special feature How to Implement AI and Machine Learning The next wave of IT innovation will be powered by artificial intelligence and machine learning. We look at the ways companies can take advantage of it […]

This year’s result­s highli­ght the connec­tion betwee­n corrup­tion and inequa­lity The writer served as Executive Editor of The Express Tribune from 2009 to 2014 Revelations of tax-evasion and money-laundering networks on a global scale in the so-called Panama Papers helped make the world appear more corrupt last year, according to graft watchdog Transparency International. The Berlin-based organisation said there were more falling scores than rising ones on […]

Appointment of Discover The World Germany as representative to highlight strong sales pitch by the Middle East’s leading Destination Management Company at ITB Berlin Dubai, United Arab Emirates 26 January, 2017: Desert Adventures, part of the Kuoni Destination Management Specialists division, has set its sights on attracting more guests and getting a lion’s share from the German-speaking market with the appointment of Discover The World-Germany as its representative. […]

Dubai-based investment firm Abraaj Group has announced that it has acquired a majority stake in Casaideas, a leading home design and home decorations business with growing market presence in Chile, Peru and Bolivia. The transaction represents the first direct investment in Chile for Abraaj, completing the Group’s investment presence in the Pacific Alliance countries of Mexico, Peru, Colombia and Chile. Abraaj said in a statement that the […]

SEATTLE Boeing Co (BA.N) and its largest union said on Friday they had agreed on a February date for a union vote at Boeing’s jetliner factory in South Carolina, setting up what is likely to be a fresh battle between the union and the world’s biggest plane maker. International Association of Machinist and Aerospace Workers spokesman Mike Evans said in a statement that about 2,850 workers at […]

Donald Trump is a threat to press freedom and the norms of political reporting, said Washington Post media columnist Margaret Sullivan. But his presidency presents at least one upside for journalists: There’s probably going to be a lot of leaks in the Trump administration. “I think that people inside agencies and government offices, many of them are people of good conscience,” Sullivan said. “Many of them are […]

The value of the GCC’s healthcare market has grown steadily in recent years and there is little sign that any slowdown is on the horizon. The industry is forecast to be worth $71.3bn by 2020, according to Alpen Capital. The investment bank expects the GCC healthcare sector to record 12.1 percent compound annual growth rate (CAGR) between 2015 and 2020, after 10.3 percent CAGR between 2008 and […]

KUALA LUMPUR: “You just wait.” Those are the stern words of warning uttered by Malaysian Anti-Corruption Commission (MACC) chief commissioner Datuk Dzulkifli Ahmad to any politicians involved in corruption in the country. Commenting on that stern warning, Universiti Malaya associate professor in socio-cultural studies, Dr Awang Azman Awang Pawi said this showed that the agency was firm and would not be deterred by the politicians’ party ideology, […]

Home Appliance & Air Solutions and Home Entertainment Divisions Post Highest Ever Operating Profits in 2016 Saudi Arabia – 26 January 2017 LG Electronics Inc. (LG) today announced a 2016 operating profit of KRW 1.34 trillion (USD 1.16 billion), 12.2 percent increase from 2015 due in large part to strong performance by home appliances, air solutions and home entertainment. For full-year 2016, LG reported revenues of KRW 55.37 […]

By Dustin Volz | WASHINGTON WASHINGTON The FBI appeared to go beyond the scope of existing legal guidance in seeking certain kinds of internet records from Twitter as recently as last year, legal experts said, citing two warrantless surveillance orders the social media company published on Friday. Twitter said its disclosures were the first time the company had been allowed to publicly reveal the secretive orders, which […]

But in interviews with dozens of officials, analysts and ordinary citizens across Muslim-majority countries, there was overwhelming agreement that the order issued Friday signaled a provocation: a sign that the American president sees Islam itself as the problem. Continue reading the main story “I think this is going to alienate the whole Muslim world,” said Mouwafak al-Rubaie, a lawmaker and former Iraqi national security adviser in Iraq. […]

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