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HE Ahmed Bin Shafar: “District cooling is an ideal cooling solution that replaces conventional systems, bringing benefits to environment, economy and users” Dubai, UAE, 21 November 2016 Emirates Central Cooling Systems Corporation (Empower), world’s largest district cooling services provider, has urged real estate developers participating in the four-day “Big 5” exhibition 2016, that kicked off today (November  21 2016), at  the World Trade Center in Dubai, […]

Dr. Omar, the last neurosurgeon in eastern Aleppo, who declined to provide his full name out of fear for his safety, sounded desperate when reached at the height of the bombing on Friday. Continue reading the main story “We no longer have hospitals to operate in,” he said. “You can’t imagine what it’s like living in Aleppo right now. It feels like we are living in hell. […]

For the past year, Deutsche Bank was one of the most stubbornly pessimistic banks. Then, overnight, everything changed for one reason: Donald Trump. The German bank laid out its 180-degree change in opinion in a 30-page Friday note titled “Trump: the huge picture for stocks”, in which it revealed that it now expects the S&P to easily rise to 2,250 by Trump’s inauguration, and then rise to […]

ABU DHABI// The European Union Delegation to the UAE has been officially opened in the capital. Dr Sultan Al Jaber, Minister of State, chairman of the board of directors of National Media Council, met with Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the Commission, at the inauguration ceremony at Etihad Towers. “The UAE is a country we […]

Solar panels at the moment are not super-affordable, and they are not yet at a position where homeowners could replace their regular roofs with only solar panels. However, Elon Musk, the man behind Tesla and SpaceX, is hoping to make some big changes in this field. Not long ago, Tesla merged with SolarCity, and 85 percent of the shareholders approved the deal. Now, after a meeting with […]

|By Arabian Post Staff| Donald Trump may not go the full course on his threat to stop imports of crude oil from Saudi Arabia, which he had threatened during the election campaign, analysts say. “We protect countries, and take tremendous monetary hits protecting countries,” Trump said in an interview cited by Reuters. “We lose, monetarily, everywhere. And yet, without us, Saudi Arabia wouldn’t exist for very long.” Trump […]

By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a […]

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Sunday’s Grand Prix race in Abu Dhabi will decide who wins the F1 championship – and Sean Paul is just as revved up for his upcoming performance on the Corniche. The Jamaican dance-hall king will headline on Friday, day two of the free Beats on the Beach festival – followed by a show at Mad nightclub on Yas Island the same night – and says he is […]

November 19, 2016 by: Neil Hume and Tom Burgis The former Lazard banker who helped Rio Tinto secure rights to a giant iron ore deposit in Guinea was also working as an informal adviser to the country’s president and had access to “highly confidential” information. The disclosure raises the question of whether the Anglo-American mining company broke anti-corruption laws when it paid François Polge de Combret $10.5m […]

19 November 2016 MARRAKECH, Morocco (19 November, 2016) –  In response to the close of COP22, Manuel Pulgar-Vidal, leader of WWF International’s Climate & Energy Practice, issued the following statement: “The UN climate talks continue to be filled with twists and turns, but they have delivered what they needed to this week – putting substance behind the promise of the Paris Agreement so it can be fully […]

Mysterious, flashy radio waves originating from deep space known as fast radio burst or FRB have been a mystery and their sources have eluded astronomers. However, the brightest FRB recorded so far, precisely the 18th, known as FRB 150807 has been viewed by scientists led by Caltech scholar Vikram Ravi. Their findings are going to be a breakthrough for scientists in many respects. The research paper was published in the […]

DUBAI // The sight of youngsters hauling enormous, overloaded backpacks to class each day is a thing of the past at one Dubai school after it decided to ease the daily burden by moving resources online. From textbooks to PE kits and lunch boxes, pupils often have bags filled to the brim with equipment for lessons. But, instead of piles of books, pupils at Arcadia Preparatory School […]

The Trump trade — sell government bonds because his policies might cause inflation and require huge new borrowing — has already produced a common counter reaction: do not get carried away, this is an opportunity to buy Treasuries before yields collapse again. What it shows is a conditioned response. The first time your dog barks in the night, you leap out of bed with a head full […]

Saudi Arabia’s energy minister thinks OPEC will reach a deal to cut oil output and said a production ceiling of 32.5 million barrels a day would speed the balancing of supply and demand. The group is near a consensus on capping production for at least six months, said his Algerian counterpart. “I am still optimistic that the agreement reached in Algiers to put a ceiling to production […]

Donald Trump has begun putting together his transition team and naming the cabinet members who will come to power in Washington after the inauguration on January 20. Follow the FT’s guide to the main players he has already picked — and the positions yet to be filled — here.  Trump’s choices: MIKE PENCE Vice-president © AFP Mike Pence, the Indiana governor and former congressman, was picked as Donald […]

Friday 17:00 GMT. Wall Street slipped as the dollar climbed to a new 13-year high and US government bond yields hit multi-month peaks on Friday on expectations that president-elect Donald Trump’s policies will boost the economy and deliver tighter monetary policy. After a mixed Asia-Pacific session, which included Japanese equities entering a bull market, the pan-European Stoxx 600 slide 0.3 per cent. Investors have been eyeing the […]

U.S. stocks looked set to open little changed on Friday, with all three major indexes near record highs, a day after Federal Reserve Chair Janet Yellen sent a strong signal that interest rates would be increased next month. The Fed could raise rates “relatively soon”, Yellen said in a congressional testimony on Thursday, adding that she would serve out her term. Traders are pricing in an 83 […]

While the latest dollar surge, which has pushed the DXY above 101 to the highest level in 13 years,  will likely be a far greater factor for the price of oil than the now daily charade of optimistic statements by OPEC, it doesn’t mean OPEC, and assorted oil-exporting hangers on like Russia, won’t try. As we reported in the past week, today Russian Energy Minister Alexander Novak […]

Challenges and solutions concerning entrepreneurial strategies discussed at length by public and private sectors during dialogue hosted by Dubai Chamber of Commerce and Industry and MEED, organisers of Innovation Live! The need for introducing a platform as a ‘one-stop shop’ for starting business in the UAE identified as key to progress. Dubai, UAE, 18 November, 2016 The inaugural Innovation Live!, an official anchor event for UAE Innovation […]

Kuwait will need $116b over the next six years to finance its budget deficit caused by low oil prices, according to a report by International Monetary Fund (IMF). The Gulf country posted its first budget shortfall of $15 billion for the first fiscal year following 16 years of surpluses after which it adopted a series of austerity measures including raising fuel, power and water prices. The government […]

Qatar’s Energy Minister Mohammed Al Sada said on Thursday that Iran and Iraq were being asked to freeze oil output at current levels as part of a wider deal to restrain production. “We are discussing with both countries on that and we are looking at various ways and means of coming to a mutual understanding,” Sada told reporters. The energy minister also said that Qatar, the world’s […]

You know Tony Robbins. He’s the world’s most famous performance and motivational coach. He’s advised everyone from Bill Clinton to Serena Williams, from Leonardo DiCaprio to Oprah Winfrey (who calls him “superhuman”). He was called in to advise Bill Clinton during his impeachment and counts billionaires such as Virgin’s Richard Branson and casino magnate Steve Wynn among friends. He first broke onto the self-improvement scene 30 years […]

November 17, 2016 by: Anjli Raval, Oil and Gas Correspondent Worries are growing that a build-up of unsold oil off the coast of the UK will keep prices down as the broader market surplus increases pressure on Opec to cut production. Industry analysts and shipbrokers said an excess of light sweet crudes, has led to a surge in the number of Aframax tankers — which carry around […]

Abu Dhabi Education Council’s (ADEC’s) sixth Abu Dhabi Science Festival (ADSF) is officially underway after it was opened today by  Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of Abu Dhabi Sports Council, accompanied by   Saeed Eid Alghafli, Chairman of the Executive Office and a member of the Executive Council, Dr. Ahmed Mubarak Al Mazrouei Secretary-General of the Executive Council, Rt. Hon. Donald Wilson, Lord Lieutenant and […]

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