Three global trends are reshaping GCC travel distribution business models and threaten to weaken the connection between airlines and customers Rise of digital technologies risks weakening connection between airlines and customers In the Middle East, there is growing internet penetration, with a rapid rise in the use of mobile – around 15% of internet users use only mobile for access By getting closer to […]
The first ferry connection between Qatar and Bahrain will launch by the middle of next year, according to a report. Doha News quoted an industry source as saying that the new service, operated by Qatari firm Gulf Ferry, will have two return trips a day from Al Ruwais port in northern Qatar to Khalifa bin Salman port in Manama. The report said the service will take commercial […]
Photo Donald Trump at a rally against the Iran deal in Washington last year. He vowed during his campaign to renegotiate or renounce the agreement. Credit Doug Mills/The New York Times Seventy-six national security experts urged President-elect Donald J. Trump on Monday to reverse his hostility to the nuclear agreement signed with Iran last year and to use it as a tool to ease other tensions with […]
Tokyo is struggling to find out who is advising Donald Trump on Japan policy, as the president-elect prepares to meet Prime Minister Shinzo Abe in New York this week in what will be his first meeting with a foreign leader since his victory over Hillary Clinton. Four former US officials said the Japanese embassy had been contacting Asia experts in Washington to identify Trump advisers on Japan […]
There are few things like a bull market to turn an investor’s head. Just look at China. Having slumped almost 50 per cent from its peak last June to a low in early January, the benchmark CSI 300 Index is now up 20 per cent. The memory-erasing qualities of this year’s rally in Shanghai will soon be given a real test as a trading link between Hong […]
A sell-off reverberating through sovereign bond markets tested investor appetite on Monday for a multibillion-dollar corporate bond sale, as money managers wait for volatile price swings to subside. Pfizer successfully completed a $6bn bond sale on Monday but several investors familiar with the sale said interest was subdued by the recent volatility in fixed-income markets, which has seen the yield on both the 10 and 30-year Treasuries […]
Bank of Sharjah is considering issuing a $500 million conventional bond in 2017 for general corporate purposes, banking sources have told Reuters. The Abu Dhabi-listed lender gained shareholder approval earlier this year to issue bonds worth up to $1.5 billion. It issued its first international bond of $500 million in 2015. The bank chose JP Morgan and National Bank of Abu Dhabi as joint coordinators for the […]
A joint venture between the UAE and Singapore plans to invest $120 million in Abu Dhabi’s industrial zone to manufacture aluminium rolled products, the company said on Monday. The United Arab Emirates is investing billions of dollars in industry, tourism and infrastructure as it diversifies its economy away from oil. Emirates Aluminium Rolling (Emiroll), a joint venture between Dubal Holding, Dubai Investment Industries (a subsidiary of Dubai […]
November 15, 2016 by: Peter Wells in Hong Kong Tuesday 03.35 GMT. The US dollar has retreated from recent highs, leaving counterparts across the Asia-Pacific region firmer. US Treasuries are eyeing their first rise in more than a week, while stocks across Asia have followed on from a muted lead on Wall Street. The US dollar index, a measure of the US currency against a basket of […]
Members of Prime Minister Benjamin Netanyahu’s Likud party and other rightist politicians jumped to make hay of the change. Continue reading the main story Yoav Kish, a Likud member of Parliament, called for the expansion of Israeli sovereignty into the West Bank; Meir Turgeman, the chairman of Jerusalem’s municipal planning committee, said he would now bring long-frozen plans for thousands of Jewish homes in the fiercely contested […]
New London office construction activity has fallen 42 per cent from a year ago as Brexit and other uncertainties cast a shadow over the property market. Work began on 40 new office developments totalling 2.8m square feet over the past six months, down from a record 4.8m square feet recorded a year earlier, according to Deloitte Real Estate’s Crane Survey. Total development activity rose slightly from a […]
The First 21 Minutes of Watch Dogs 2 Meet Marcus Holloway and the rest of the DedSec crew in the opening moments of Ubisoft Montreal’s Watch Dogs 2. HOME Videos ‘);window.ICMS.loadJS(‘//delivery.vidible.tv/jsonp/pid=56690836e4b0ebd072bd155f/545db032e4b0af1a81424b48.js’);}); Source link
With US president-elect Donald Trump’s governing priorities slowly starting to take shape, the US steel industry emerged on Monday as one sector where investors are placing their bullish bets. Three companies — US Steel, AK Steel and iron-ore producer Cliffs Natural Resources — saw their stock ratings upgraded by Morgan Stanley analysts in the wake of last week’s election, pushing their share prices up. Mr Trump’s election […]
Mary Jo White is stepping down as chair of the Securities and Exchange Commission, putting a spotlight on one of the many regulatory roles Donald Trump will have to fill having promised to loosen rules on the financial sector Ms White, a former federal prosecutor and defence lawyer appointed by President Barack Obama in 2013, said she would leave at the end of the Obama administration, well […]
MOSCOW — A Russian fighter jet crashed off the Syrian coast on Monday while trying to land on an aging aircraft carrier in the Mediterranean, Russian military officials said. The Russian Defense Ministry blamed a technical failure for the crash of the jet, a MIG-29, according to a ministry statement carried by the Interfax news agency. The pilot, who was the only one in the jet, ejected […]
14 November 2016 The Middle East and Africa (MEA) will experience the fastest rate of digitization in the world according to analysts IHS Markit. Shipments of LTE technologies* increased by more than 300 per cent in 2015, and the MEA region is projected to be one of the world’s fastest growth markets for TETRA critical communications technology Led by TETRA, the MEA PMR market was the fastest […]
See the First Official Trailer for Beauty and the Beast Emma Watson as Belle and Dan Stevens as the Beast recreate iconic moments from the Disney animated classic in the latest look at the live-action remake. HOME Videos The first official trailer Beauty and the Beast teases what lies inside the Beast’s castle in this live-action remake of the Disney animated classic. ‘);window.ICMS.loadJS(‘//delivery.vidible.tv/jsonp/pid=56690836e4b0ebd072bd155f/545db032e4b0af1a81424b48.js’);}); Source link
After months of sending government troops to battle militants blowing up oil pipelines in the Niger Delta, Muhammadu Buhari tried a different tack. The Nigerian president invited the region’s community leaders and traditional rulers to his villa this month for talks — a step energy sector executives hoped could halt a wave of sabotage since January that has cost the country billions of dollars in damages and […]
It was naïve to believe that enough white people would hear everything Donald Trump has said in the last 18 months — let alone five years — and stand in opposition to it. Instead, they stood with it, at a rate of 58 percent. Not necessarily because they’re racists, misogynists, xenophobes or anti-Islam, exactly, but because Trump made it in their interests to do so. They did […]
Brent crude oil dropped below $44 a barrel on Monday to hit its lowest level for three months, as a strengthening US dollar and doubts over Opec’s ability to agree supply curbs when it meets this month led to funds selling out of the market. Hedge funds and other large speculators have been paring their bets on higher oil prices for the past month, with the latest […]
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Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on theMENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights Source link
Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on theMENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights Source link
ABU DHABI // Customers covered by the national insurer Daman will soon be able to use their Emirates ID card for healthcare services. Daman is merging customer data with that stored on Emirates ID cards, a process that will be completed next year but is already being provided to customers as their data is merged. Those not yet able to use their ID for health care can […]
