ABU DHABI // A group of 30 Harvard University students visited this country last week to learn about the country’s best practices in government innovation. The objective of the Emirates Leadership Initiative, funded by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was to help support capacity building of future Arab leaders. Every year, 10 Arabs, also […]
Donald Trump’s first week as US president has re-energised Wall Street bulls while sharpening concern about the risk of higher inflation and trade protectionism. The sense of fatigue that hung over much of January has been replaced by renewed enthusiasm for equities, as investors sent the S&P 500 to fresh highs and the Dow Jones Industrial Average finally broke above the 20,000 threshold. As the billionaire took […]
PARIS Britain is becoming subservient to a United States that will be extremely difficult to cooperate with judging by President Donald Trump’s “serious and worrying” first acts, French presidential candidate Emmanuel Macron said on Friday. British Prime Minister Theresa May, who will hold talks with Trump later on Friday, wants a renewal of the “special relationship” between London and Washington at a time her conservative government redraws […]
New remote sensing maps of the forest canopy in Peru identify new regions for conservation effort. Scientists used airborne laser-guided imaging spectroscopy, to identify preservation targets by undertaking a new approach to study global ecology — one that links a forest’s variety of species to the strategies for survival and growth employed by canopy trees and other plants. (via WSJ)
By Vikram Subhedar | LONDON LONDON The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump’s policies will play out for the currency, […]
The Moto Z Play is apparently getting a software treat in Europe, as the Android 7.0 Nougat update has started rolling out. Previous rumors indicated as much, with reports from earlier this month claiming that the Moto Z Play would get a taste of Nougat in late January. It now looks like those reports were spot on and as we’re approaching the end of the month, the update […]
UBS finished a tough 2016 on an upbeat note, with an unexpectedly strong increase in fourth-quarter profits, and has predicted improved US investor confidence would this year boost its wealth management businesses. However, Sergio Ermotti, chief executive, warned the more positive US trends were not mirrored globally, and UBS’s shares fell 1.2 per cent in early trading as analysts raised concerns about unexpected fourth-quarter outflows of clients’ […]
Friday 08:25 GMT Overview The US dollar is in the ascendancy as the currency once again benefits from hopes for a stronger US economy — optimism that also has helped push Wall Street to record levels. European bourses are mixed after a holiday-thinned Asian session. Commodities are muddled, with oil firmer but gold on the back foot. Hot topic The US dollar is in focus as it […]
Sitting in his spacious office in Doha’s West Bay, free from the entourage of assistants usually attached to CEOs of large, government-backed organisations, Rashid Bin Ali Al Mansoori appears relaxed and unhurried. He even responds, “How much time would you like?” when asked to confirm the length of our meeting. Al Mansoori, who has served as CEO of Qatar Stock Exchange (QSE) since 2012, is frank about […]
5942 25 by Shannon K. O’Neil January 26, 2017 Mexico’s President Enrique Pena Nieto (R) gestures as Mexico’s Interior Minister Miguel Angel Osorio Chong applauds during the XXXVIII Session of the National Council of Public Security at the National Palace in Mexico City, August 21, 2015. A Mexican government auditor on Friday exonerated Pena Nieto and his finance minister from any wrongdoing over purchases of homes from […]
The Doomsday Clock, an imaginary timepiece representing humanity’s proximity to apocalyptic destruction, has been reset to show that mankind is now just two and a half minutes away from doomsday. Humanity Moves 30 Seconds Closer To Global Catastrophe On Thursday, Jan. 26, the Bulletin of the Atomic Scientists, the group of scientists that maintain the Doomsday Clock, moved the clock’s minute hand 30 seconds closer to midnight, […]
Dubai, January 26, 2017 UAE Konica Minolta Business Solutions Middle East, held its annual Middle East Distributor Conference recently, at the Dusit Thani Hotel in Dubai. More than eleven distributors from across the Middle East were present at the event. With a theme of “Driving Smarter Workflows”, the one-day long conference featured informational presentation, educational discussions, future strategy, and demonstrations of Konica Minolta hardware, software, and managed […]
If only a portion of Saudi Arabia’s National Transformation Programme is implemented, there will be dramatic change, one of the kingdom’s most influential lawyers assures. “If we can cover 50 percent of what is the aspiration in the Vision 2030, the kingdom will be doing much better,” the Saudi country director of international law firm White & Case, Doug Peel, says. “My view is that it’s a […]
Najib wants three ministries to boost cooperation for growth of national commodity industry Prime Minister Datuk Seri Najib Razak speaking during the monthly gathering of the Ministry of Finance attended by civil servants from various departments under the ministry in Putrajaya, January 26, 2017. — Bernama picKUALA LUMPUR, Jan 26 — Prime Minister Datuk Seri Najib Razak wants three ministries related to smallholders and commodities to boost […]
|By Matein Khalid| The election of a Manhattan property developer and (failed) casino owner as President of the United State has not been positive for most American real estate investment trusts (REIT’s). The sharp rise in US interest rates since the election and the Federal Reserve’s vigilance against inflation risk hits this classic “bond proxy” sector, with its reliance on leverage to boost investor returns. In addition, […]
|By Arabian Post Staff| UAE telecom revenue reached Dh31.9 billion in 2015, according to the country’s Telecommunication Regulatory Authority’s (TRA). Mobile revenue decreased 8.57 per cent to Dh23.34 billion in 2015 from Dh25.53 billion in 2014. UAE residents spent 31.49 billion minutes using mobile phones in 2015, up from 28.70 billion minutes in 2014. Mobile phone subscriber base reached 17.94 million in the UAE while fixed telephone […]
Filipino-American chef Sheldon Simeon has made it as one of the final seven contestants competing on Top Chef, the American reality-television cooking show. Simeon previously appeared on the programme’s 10th season in 2012, finishing in third place among 18 chefs and winning the “Fan Favourite” audience award. The current 14th season features eight returning contestants from previous editions competing against eight new chefs. Raised in Hawaii by […]
Dozens of US exporters including GE and Boeing are squaring off against Walmart and other retailers as a radical Republican plan to tax imports divides the giants of corporate America. The rift in the business community threatens President Donald Trump’s pledge to overhaul the tax code for the first time in 30 years by undermining a blueprint that House Republicans are drafting for the White House. The […]
JAKARTA Indonesia’s anti-corruption agency has detained a Constitutional Court judge in connection with a graft investigation, the court’s chief justice said on Thursday. Chief Justice Arief Hidayat said the judge, Patrialis Akbar, would be suspended from duty and possibly sacked if found to have violated the law. “We will request permission from the president to suspend the judge first and permanently relieve him of his duties if […]
January 26, 2017 by: Eric Platt and Joe Rennison in New York The combination of rebounding commodity prices and hopes for faster US economic growth under Donald Trump is helping some of the riskiest corporate borrowers secure cheaper financing and underlines investors’ growing stomach for risk. An expanding list of companies with a triple-C rating — deep within speculative territory — have been able to lock in […]
NRL builds on its 2016 accreditation success by being thought leaders at key medical and laboratory events in 2017, including Arab Health and MEDLAB – two of the largest healthcare congresses in the world and a UAE-first event held in collaboration with the Clinical and Laboratories Standards Institute (CLSI) NRL builds on its 2016 accreditation success by being thought leaders at key medical and laboratory events in […]
January 26, 2017 by: Peter Wells in Hong Kong Thursday 05.15 GMT Overview Market spirits are buoyant in Asia after the Dow Jones Industrial Average rose above 20,000 points for the first time. Hot topic The Dow Jones on Wednesday traded and closed above 20,000 points for the first time. A generally supportive earnings season has allowed Wall Street to continue its “Trump trade”, which began in […]
Employees from more than a dozen U.S. government agencies have established a network of unofficial “rogue” Twitter feeds in defiance of what they see as attempts by President Donald Trump to muzzle federal climate change research and other science. Seizing on Trump’s favorite mode of discourse, scientists at the Environmental Protection Agency, NASA and other bureaus have privately launched Twitter accounts – borrowing names and logos of […]
EBay on Wednesday posted fourth quarter financial results that met market expectations, thanks to a solid holiday season and strong growth in StubHub revenues. The e-commerce company reported non-GAAP earnings of 54 cents a share on revenue of $2.4 billion, as Wall Street was expecting. Earnings were up 8 percent year-over-year, while revenue was up 3 percent. EBay generated $620 million of operating cash flow in Q4 […]
