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By Andrea Hopkins | OTTAWA OTTAWA Canadian manufacturers want their access to the U.S. market protected at all costs if Canada renegotiates the NAFTA trade deal with U.S. President-elect Donald Trump, even if that means losing the trilateral partnership with Mexico. Amid fears a Trump administration will tear up the North American Free Trade Agreement, the Canadian Manufacturers and Exporters group is lobbying Canada’s Liberal government to […]

She found a Plan B on a bulletin board that advertised openings in the Police Department. The prospect of holding a job where no two days were the same appealed to her, and she said the department’s equal pay for women was also a huge selling point. She quickly realized that she had found her calling. “Most days I went home amazed that someone was paying me […]

Held in Bangkok, Thailand, the conference theme for 2016 is “Collaboration in the Digital Economy” and featured sessions on collaborative regulation, smart sustainable cities, fostering SME innovation, gender inclusive development and digital financial services for financial inclusion LAGOS, Nigeria, November 17, 2016/  Nigeria’s government and private sectors have made a pitch to foreign investors at the 2016 International Telecommunication Union conference, Telecoms World, where they presented the […]

Diego Maradona has officially opened a new restaurant in Abu Dhabi, in celebration of his 56th birthday. The Argentinian retired footballer appeared at his venture, Café Diego, located in the Nation Galleria mall on the West Corniche, earlier this month. It had been in a soft opening phase since May. The restaurant features Argentine architecture, inspired by Maradona’s hometown of Buenos Aires, and serves traditional Argentine dishes, […]

By Alexandria Sage and Nichola Groom | LOS ANGELES LOS ANGELES Tesla Motors Inc Chief Executive Elon Musk won approval on Thursday from the electric luxury automaker’s shareholders for an acquisition of SolarCity Corp, the solar energy system installer in which he is the largest shareholder. The stock swap deal, worth about $2 billion, caps a tumultuous year for Musk and Tesla. The proposed acquisition of SolarCity, […]

Microsoft-owned LinkedIn, the business-centric social networking site, has been blocked in Russia after a court ruling adjudged the service of violating data laws. On Thursday, Nov. 17, Roskomnadzor — the Russian regulatory watchdog for IT and communications — decreed that ISPs in the region block access of LinkedIn website to the public. This was to make LinkedIn conform to a court ruling that pronounced the company guilty of […]

The UAE’s workers will get a three-day holiday to mark UAE National Day and Commemoration Day at the start of next month. The Federal Authority for Government Human Resources has announced that public and private sector worker will have a holiday from Thursday December 1 to Saturday December 3, giving one day off from the regular working week. Workers will return to work on Sunday December 4. […]

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17 November 2016 Ashurst has advised Saudi Arabian client Delta Marketing Company on the agreement to dispose of its bottled water division, to Abu Dhabi-based Agthia Group. Corporate counsel Chris Young led the transaction for Delta, with Saudi law advice provided by Jeddah-based partner Dr. Faisal Baassiri. Dr. Faisal Baassiri said: ‘We are delighted to have supported our long-time and valued client Delta Marketing on this transaction. […]

Federal prosecutors have charged a former Valeant manager and the former chief executive of Philidor, a defunct pharmacy chain, alleging the pair operated an illegal kickback scheme to personally enrich themselves to the tune of tens of millions of dollars. New York prosecutors alleged that Gary Tanner of Valeant and Andrew Davenport of Philidor secretly worked together to promote a deal under which the Canadian drugmaker purchased […]

Saudi Arabia’s King Salman is to appoint 75 new members to the kingdom’s highest consultative body, the Shoura Council, according to a report. The Saudi Gazette, quoting a local Arabic-language newspaper, said that at least 15 of the new members will be women. The appointments are expected to be made on 2 December, when the current council’s term ends. The newspaper reported that 19 members of the […]

The man organising Qatar’s World Cup in 2022 has said that the gas-rich country could buy an English Premier League club in the future. “‘I can see it happening down the road,” Hassan Al Thawadi said, in comments reported by the UK’s Daily Mail newspaper. “It’s likely. There’s such a passion for football and the Premier League in particular. Everyone on the street has an opinion.” Qatar, […]

Airfares tend to take a major chunk out of our travel budget. Getting affordable, let alone cheap, airfares to our favourite destination almost always seems like a difficult task. But according to online travel booking website HolidayMe.com, there are a few tips and tricks to landing yourself a good airfare deal. 1. Always use private browsing while looking for airfares: The cookies enabled in browsers are traceable […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that potentially clears the way for the Federal Reserve to raise interest rates in December. Prospects for a rate hike next month also got a boost from other data on Thursday showing first-time applications for unemployment benefits tumbling […]

Saudi Arabia’s Public Investment Fund (PIF), its main sovereign wealth fund, said on Thursday it had filled key posts as part of plans to expand investment capacity and help reduce the kingdom’s dependence on oil income. Under economic reform plans announced early this year, the government has said it aims eventually to expand the PIF, founded in 1971 to finance development projects in the country, from $160 […]

JPMorgan has agreed to pay $264m to settle a US probe into its employment of well-connected Chinese “princelings” to win business. The settlement, expected to be announced on Thursday, would be the first to arise from a Securities and Exchange Commission inquiry launched in 2013 to determine whether bank hiring practices breached the US Foreign Corrupt Practices Act. The 1977 law bans companies from paying bribes to […]

LONDON Battered bonds and emerging market currencies enjoyed some respite on Thursday as the dollar took a breather from a post-U.S. election charge that has taken it to a 13-1/2 year high. Wall Street looked set for a quiet start and Europe’s main stock markets <0#.INDEXE> were shuffling sideways as the dip in global bond yields cooled bank stocks, which have been rising on better lending profits. […]

Inside the opening of the Palazzo Versace Dubai Source link

“When the economic crisis hits the elite, it means the suffering is all over the place,” said Malak Rostom, the vice president of the student union. “If we can’t afford it, we can tell how much other people are suffering.” Continue reading the main story Some Egyptians may sneer at the problems of the children of middle- and upper-class families, worried about tuition increases that dwarf the […]

Swiss International enters Riyadh with Swiss International Royal Hotel and Swiss Spirit Hotel & Suites Metropolitan Baar (CH)/ Ras Al Khaimah (UAE)/ Riyadh (Saudi Arabia), November 17, 2016 – Gearing up to boost its presence in Saudi Arabia, Swiss International proudly announces the arrival of its first 2 hotels in Riyadh. The chain will be entering the capital city with Swiss International Royal Hotel and Swiss Spirit […]

Despite an economic slowdown and rising inflation, Bahrain’s property market has witnessed stability across most real estate sectors in the second half, which is expected to continue into 2017, according to international real estate consultancy Cluttons. While the Gulf state’s residential markets have outperformed expectations due to resilient rental budgets, its office and retail markets have largely seen no change in rents in the first nine months […]

BANGKOK Thailand’s Charoen Pokphand Foods Pcl (CPF) (CPF.BK) said it will acquire U.S. frozen-food producer Bellisio Parent LLC for $1.075 billion, paving the way for an entry into the world’s largest food market. The acquisition is in line with CPF’s strategy to expand into high-potential markets, CEO Adirek Sripratak said in a statement. CPF, controlled by Thailand’s richest man Dhanin Chearavanont, signed a purchase agreement on Thursday […]

Barnes & Noble, putatively regarded as the largest U.S. retail bookseller, is releasing its most affordable tablet yet named the Nook Tablet, a lightweight Android-powered tablet. Per usual, the Nook Tablet will have access to Barnes & Noble’s sweeping content, which the company claims to include millions of Nook books, thousands of Nook audiobooks and hundreds of magazines accessible via its proprietary Nook store. Nook Tablet While the […]

The Bahraini government is contemplating ways of increasing government service fees, but said citizens, particularly those with lower incomes, would not be affected. Cabinet Affairs Minister Mohammed Al Mutawa said the government was forced to raise fees due to financial constraints and in order to ensure services provided are in line  with approved standards, reported Gulf Daily News. “Bahrainis will not shoulder the financial burden and that’s […]

16 November 2016 The success story of the outdoor agricultural show, Agritech Expo, is about to expand to Tanzania with the inaugural farming B2B platform taking place in the agri-hub of Arusha in January. Says Agritech Expo Tanzania event director Yolanda dos Santos: “continued agriculture economic growth in Tanzania has awoken the need to facilitate an enabling environment where suppliers, farmers of all scales and industry professionals […]

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