ABU DHABI // Sheikh Abdullah bin Zayed has told Emirati youth to think beyond expectations of “comfortable” government jobs and prepare to compete with the rest of the world. “If you want to participate in shaping the future then you need to stop thinking of a government job,” the Minister of Foreign Affairs and International Cooperation said. “No other country in the region supports youth-led projects like […]
As Abdelmonem Alserkal tours his latest architectural commission, his pristine white kandura stands in contrast to the monochrome building that broods in Alserkal Avenue – the warehouse creative community he has brought to life in Dubai’s industrial neighbourhood of Al Quoz. A muted study in steel, small mirrors, translucent polycarbonate and sprayed, shot-blast and polished concrete, the new venue is the latest milestone in Alserkal Avenue’s decade-long […]
Lab to Enable ADNEC Employees to Lead Development of Cutting-edge Solutions to Meet Dynamic Customer Requirements and Enhance Abu Dhabi’s Competitive Edge Abu Dhabi-UAE: 07 March 2017 His Highness Sheikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, officially inaugurated the Innovation Lab at Abu Dhabi National Exhibitions Company (ADNEC) as part of its sustained efforts to instill a workplace culture based […]
The biggest impact investing deal to ever see the light of day — that is how a fascinating new hedge fund deal is being touted. Impact investing is the practice of trying to make a measurable, positive societal impact as well as making a financial return on your money. The US hedge fund Mariner Investment Group reckons it has found a way to turn an investment of about $150m into […]
Snap Inc’s shares fell as much as 10.4 percent on Tuesday, opening at their lowest since a blockbuster market debut last week. Snap’s shares hit a low of $21.30 in early trading on Tuesday, wiping out more than $9 billion of the company’s market capitalization from Friday’s high. Shares surged 44 percent in a hotly anticipated listing on Thursday, valuing the parent of Snapchat, an app popular […]
Alzheimer Association released an annual report on March 7, which suggests that number of Americans diagnosed with the disease is likely to increase with around 10 percent people being affected every 33 seconds. The study suggests that by 2050 more than half the Americans aged 65 years and over will suffer from Alzheimer’s disease. This data is also applicable globally. Reports estimate that around 47 million people suffered […]
Brazil’s economy shrank 3.6 per cent last year as high inflation, a runaway budget deficit and political turmoil drove the country to its worst recession on record. The contraction, which was felt across almost all economic sectors from industry to services, was slightly worse than economists’ estimates and only marginally better than 2015, when gross domestic product contracted 3.8 per cent. GDP in the final three months […]
Etihad Aviation Group employs nearly 10,000 women as it marks International Women’s Day 07 March 2017 Her Highness Dr. Sheikha Shamma bint Mohammed Al Nahyan has made a special visit to Etihad’s Global Business Service Solutions (GBSS) facility in Al Ain. Today’s visit was part of Etihad Aviation Group’s (EAG) activities to mark International Women’s Day, recognised internationally on 8 March each year to celebrate the achievements […]
The European Space Agency (ESA) developed Sentinel-2B satellite has been launched. It is a part of the Copernicus program and will join its twin sister satellite Sentinel-2A in outer space. Sentinel-2A has been orbiting Earth since 2015. Being a part of the ESA’s Copernicus Earth Monitoring Program, the satellite duo will observe the globe and will take high-resolution infrared and color images of the planet’s surface. ESA […]
Although nine years have passed since the Solomon R Guggenheim Museum and Foundation announced they would be building the Guggenheim Abu Dhabi on Saadiyat Island and construction has not yet started, the head of the foundation has confirmed the museum is very much a reality. Richard Armstrong, director of the Solomon R Guggenheim Museum and Foundation said: “There is progress, we are moving forward towards building it […]
Donald Trump is not alone. When the US president complained, just before taking office, at the size of his country’s trade gap with Germany, he highlighted an issue that has long been the source of irritation in Washington and beyond. It is a topic that is now also stimulating debate within Germany — with possible consequences for the country’s trade ties with the rest of the world […]
07 March 2017 Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.9% in January 2017 compared to the year-earlier period. While this was down from the 10% annual growth recorded in December 2016 it still was well above the average annual growth rate of 3% over the past five years. Growth […]
Dubai has issued new regulations on the installation of electric vehicle charging stations as it looks to be at the forefront of environmentally-friendly cars. Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy, has issued directive number 1 of 2017 which states that all public and private organisations and developers in Dubai must get approvals from Dubai Electricity and Water Authority (DEWA) […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian shares rose on Tuesday, diverging from New York markets that slipped on concern about President Donald Trump’s ability to focus on economic policies. Oil prices were slightly lower amid fears growing U.S. production will offset OPEC cuts. Futures are pointing to a positive open for Britain’s FTSE 100 .FTSE and France’s CAC 40 .FCHI. MSCI’s broadest index of Asia-Pacific shares […]
Stacie Overton Johnson More than a dozen international chefs will share their culinary skills at this year’s event. Don’t miss your chance to meet and cook with these masters. Here are three to watch: Michel Roux Jr Michel Roux Jr is a British chef who leads the kitchen at Le Gavroche, a London restaurant that holds two Michelin stars. Roux will be cooking roast pigeon with peaches, […]
06 March 2017 Dubai, UAE – Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, has announced the total construction work on Royal Bay is roughly 80 per cent complete. The upcoming 90-unit Azizi Royal Bay serviced apartments will be located on the luxurious Palm Jumeirah, Dubai. When complete, the fully-furnished, upscale serviced apartment building will offer 58 one-bedroom, 30 two-bedroom, 2 […]
/By Arabian Post Staff/ The 10 Organization of the Petroleum Exporting Countries (OPEC) members moved closer to full compliance with the landmark production cut agreement signed late last year, as output in the month fell from January levels to average 32.03 million barrels per day, according to an S&P Global Platts survey released today. In all, taking an average of January and February production, the 10 members […]
We aren’t the world. The most talked-about brands of Mobile World Congress are almost entirely irrelevant to Americans. Some of that doesn’t matter, but the reasons for it are worth talking about. During the world’s biggest mobile conference, everybody was super excited about the Nokia 3310. I found the whole hullaballoo perplexing. But circa 2000, everybody in the UK owned this phone, and they have […]
By Ernest Scheyder | HOUSTON HOUSTON Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast. The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world’s […]
Monday 21:56 GMT Overview Global equities sold off on Monday, encouraging flows into sovereign debt, after Asian markets were rattled by North Korea firing missiles into the Sea of Japan and the Federal Reserve’s interest rate meeting drew nearer. US President Donald Trump’s latest spat with the country’s security services may also be damping the mood somewhat as markets continue to price in a rate rise by […]
Drastic cuts in oil industry investment risk creating a shortfall in supply that by 2020 will expose the market to a surge in prices, the International Energy Agency has warned. Despite a chorus of analysts predicting a decline in oil consumption in the coming years, as governments push for energy efficiencies, cleaner fuel usage and electric cars, the IEA cautioned in its five-year outlook: “We see no […]
It is a year and a half since the leak of the 11.5m documents related to international financial structures that came to be known as the “Panama Papers”. On 2 and 3 March a European Parliament committee of inquiry was in Luxembourg to check on the country’s response, as part of broader ongoing investigation. The leak of documents belonging to Panamanian law firm and corporate service provider […]
· Initiative co-founded by Facebook, Intel, Nokia, SK Telecom, Deutsche Telekom and others · Collaboration across the industry in driving and innovating the development of high-quality, scalable and more affordable telecom infrastructure to bridge the digital divide 06 March 2017 Barcelona, Kuwait City – During last week’s Mobile World Congress in Barcelona, Zain Group, the leading mobile telecom innovator in eight markets across the Middle East […]
The U.S. Supreme Court on Monday refused to hear an appeal by a Jamaican pimp who styled himself as Dracula, even wearing gold-plated fangs, concerning his objection to being ordered to pay restitution to a woman he forced into prostitution in her native Australia. The case involving Damion Baston centered on whether American courts can compel a non-U.S. citizen convicted of sex trafficking to pay restitution to […]
