In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
Following a successful listing on the Australian Securities Exchange (ASX) on November 17 with a market capitalisation of AU$23 million, conversational commerce company Flamingo is now looking at Australia as a key market, with online lending marketplace DirectMoney being announced as its first local client. Born in Australia and based in the US, Flamingo is a software-as-a-service (SaaS) company that provides an “intelligent guided selling platform” to […]
SHANGHAI Chinese trainmaker CRRC (601766.SS)(1766.HK) plans to build more factories abroad as part of its plan to double sales outside of China to up to $15 billion by 2020, state-run China Daily reported on Monday. CRRC expects a total of $8 billion worth of orders from overseas customers this year, and was also open to teaming up with competitors to win bids in some markets, company executives […]
December 05, 2016 Aluminium Bahrain B.S.C. (Alba), the Bahrain-based leading international aluminium smelter, announced the appointment of Waleed Tamimi today on Sunday December 4, 2016 as the new Director of Administration. A Lean Six Sigma Master Black Belt, Waleed comes from a business management background with a stronghold on operational excellence. He joined Alba in 2011 as a Master Black Belt Specialist in the Operational Excellence Department. […]
Abu Dhabi has revamped the boards of two key state-owned entities, Abu Dhabi Airports and the Tourism Development Investment Company (TDIC), which are handling some of the emirate’s biggest development projects. Company sources gave no reason for the changes, which occurred last month and replaced Ali Majed al-Mansouri, who had served as Abu Dhabi Airports chairman since 2012 and TDIC chairman since 2014. Like other governments in […]
In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
Mercedes will not punish triple world champion Lewis Hamilton for defying orders at the season-ending Abu Dhabi Formula One Grand Prix, the team’s non-executive chairman Niki Lauda has said. In the wake of team mate Nico Rosberg’s dramatic retirement five days after winning the title, the Austrian recognised the situation had changed. “There is no need to say anything to Lewis,” he told the Mail on Sunday. […]
The cashless society is catching up to all of us. As SHTFPlan.com’s Mac Slavo notes, Most of Europe has shifted that way, and now India is forcing the issue. In the United States, people are being acclimated to it, and may soon find that no other option is practical in the highly-digitized online world. Once that takes hold, the banksters, bureaucrats and hackers will have total […]
By Nichola Saminather and Wayne Cole | SINGAPORE/SYDNEY SINGAPORE/SYDNEY The euro was under the gun on Monday, skidding to a 20-month low after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilise the country’s shaky banking system. The single currency, which slumped to as low as $1.0505 EUR= in early Asian trade after opening at around $1.0685, […]
Your daily guide to community and cultural activities across the Emirates for December 5, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Heritage performance Attend Hekayah the Story, a multiple-artist event under the stars in celebration of National Day, featuring poetry, prose and songs by performers from diverse backgrounds selected through a collaborative curatorial […]
Beirut, Lebanon, December 4, 2016 : (ME NewsWire) During a special honoring ceremony held at the Four Seasons Hotel in Dubai, the publishers of Global Reinsurance and StrategicRISK announced the winners of the 2016 MEA Risk & Insurance Excellence Awards, honoring Mr. Farid Chedid, Chairman and CEO of Chedid Re, a Chedid Capital Holding company, as the ‘MEA Industry Achiever of the Year’. The prestigious title awarded […]
A Qatar Airways flight has made an emergency landing at a Portuguese island following severe turbulence. According to passengers on board the flight QR708 from Washington to Doha, the Boeing 777 encountered the severe turbulence as it crossed the North Atlantic. Reports on social media suggested that up to ten people were injured as the aircraft made a high speed descent. The aircraft landed at Terceira Island, […]
GENEVA Europe’s trade negotiator blamed China on Sunday for scuppering a global environmental trade deal by submitting impossible late demands at World Trade Organization talks aimed at scrapping import tariffs on exports worth more than $1 trillion. “China came in with their list, bringing in totally new elements of perspective, which was very late in the process,” European Trade Commissioner Cecilia Malmstrom told Reuters. The change of […]
Investors should invest in properties as prices are reasonable and the market is showing signs of recovery, according to an Omani real estate developer. Latest data released by the National Centre for Statistics and Information showed sales are up 124 percent to $19.99 billion (OMR7.7 billion) in the first ten months of 2016 from $8.83 billion (OMR3.4 billion) for the same period 2015. Mortgage deals jumped by […]
Expert Panel At Telematics Middle East 2016 to Discuss Impact of the OEMs’ Changing Role in the Mobility Market and How Connected Cars will change the industry? Expert Panel At Telematics Middle East 2016 to Discuss Impact of the OEMs’ Changing Role in the Mobility Market and How Connected Cars will change the industry? Dubai, UAE – December 4, 2016 Bright Box, a global vendor of connected […]
By Jeffrey Heller | JERUSALEM JERUSALEM Israeli Prime Minister Benjamin Netanyahu said on Sunday he will discuss with Donald Trump the West’s “bad” nuclear deal with Iran after the U.S. president-elect enters the White House. During the U.S. election campaign, Trump, a Republican, called last year’s nuclear pact a “disaster” and “the worst deal ever negotiated”. But the businessman-turned-politician has also said it would be hard to […]
ATHENS Political uncertainty in Europe has created fresh momentum for a “comprehensive and permanent” solution to the Greek debt crisis before the year ends, a government spokesman said on Sunday. Euro zone finance ministers will meet in Brussels on Monday to discuss short-term debt relief for Greece, and Germany’s Wolfgang Schaeuble said it must implement reforms instead of hoping for further debt forgiveness. Greece remained optimistic for […]
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flatline in 2017 before gradually moving higher over the next few years, according to Fitch Ratings. The ratings agency said it expects supply and demand to be broadly balanced in the first half of next year, with a move to a more pronounced deficit from July onwards. […]
Bizarrely enough, it’s difficult to determine what constitutes a “small business” in the United States. The US Small Business Administration has a table of standards [PDF] that ranges from about 250 to over a thousand employees. On the other hand, the Affordable Care Act kicks in certain requirements for businesses with over 50 employees. So, what exactly is small? When I researched my book, How To Save […]
Google and Facebook cut off advertising revenue to bogus news sites Google and Facebook moved Tuesday to cut off advertising revenue to fake news sites, after a wave of criticism over the role misinformation played in the US presidential election. The move by the two tech giants aims to choke off funds to an industry fueled by bogus, often sensational “news” circulating online and seen as a […]
Emirates National Oil Co (ENOC) has announced plans to build 54 new service stations over the next four years. The expansion plan kicked off with the opening of a gas station in the Dubai International Academic City area, the company said in a statement. Saif Humaid Al Falasi, Group CEO of ENOC, said: “Our service station expansion programme is part of ENOC’s wider growth strategy over the […]
Seems yall didn’t quite get the gist of our series – and why it should even be bothered to appear. Well, a few reasons. One, not everyone has the means of investing in ‘decent’ strategies that may only be eligible for accredited investors or QEPs. Two, those who don’t have the means to invest in $1 M minimum programs also don’t have the means of educating themselves […]
VIENNA Novartis Chief Executive Joe Jimenez has played down suggestions the Swiss drugmaker could bid for Swiss biotech group Actelion, which is in talks with U.S. healthcare group Johnson & Johnson about a transaction. Asked by Swiss Sunday newspaper SonntagsBlick whether Novartis could emerge as a white knight, he said: “We have always said that we will concentrate on complementary acquisitions in the range of $2 billion […]
LONDON British Prime Minister Theresa May is cracking down on unauthorised leaks by ministers and civil servants on her Brexit plans, a leaked memo to the Mail on Sunday newspaper said. Cabinet Secretary Jeremy Heywood has written to senior officials to tell them that May wants to “urgently tighten security processes” and that anyone found to have leaked sensitive information will be dismissed, according to the memo. […]
