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Appoints Industry Veteran Amid Al-Shanteer to Lead Regional Office in Dubai Covering Middle East and North Africa 19 January 2017 FREMONT, Calif.–(BUSINESS WIRE/ME NewsWire) Responding to growing business in the Middle East and North Africa, AlertEnterprise, the leading Silicon Valley based provider of Security Convergence software, has appointed Amid Al-Shanteer as Vice President of Sales for the Middle East and North Africa (MENA) market effective January 16, […]

By Anjuli Davies and Andrew MacAskill | LONDON LONDON Global banks have begun signaling how they will put plans into action to cope with a “hard” exit by Britain from the European Union. Until now, banks have considered varying degrees of upheaval to their British-based businesses, depending on whether the outcome of Brexit was “hard” or “soft.” But after Prime Minister Theresa May said that Britain would […]

The star player in America’s biggest sporting event risks being benched: guacamole. Every year before the Super Bowl, demand soars for the avocado-based dip that has become a staple for viewing parties for the National Football League championship game, which has emerged as the second-largest day for food consumption in the US after Thanksgiving. This year’s supply was threatened by a spike in avocado prices late last […]

Chairman and director of Xero Chris Liddell will step down from his responsibilities at the New Zealand-based cloud accounting firm on Friday, as he prepares for his new role of Assistant to United States President-elect Donald Trump. In a statement made on Thursday, Xero CEO and founder Rod Drury congratulated Liddell on his new role and thanked him for his contribution and leadership during his tenure at […]

By Lisa Barrington | BEIRUT BEIRUT After years of political deadlock, Lebanon finally has a new government. Now it needs a new economy. Battered by war in neighbouring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy – remittances from overseas workers, tourism and real estate – are not what they were. Long-term, Lebanon is searching for […]

WASHINGTON U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official said on Wednesday. Perdue, 70, served on Trump’s agricultural advisory committee during his presidential campaign. His nomination, which must be confirmed by the Republican-led Senate, will complete Trump’s proposed cabinet just before he is sworn in as president on Friday. By nominating […]

BEIJING China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticized China’s trade practices and threatened to impose punitive tariffs on Chinese imports. Billionaire investor Wilbur Ross, Trump’s […]

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WASHINGTON: In the first visit of its kind since 2012, US Democratic Congresswoman Tulsi Gabbard has traveled to Syria on a trip that has taken her so far to Aleppo and Damascus.The move, according to Syrian-conflict watchers, indicates that President Bashar Assad “is no longer beyond the pale in US politics and policymaking.”Gabbard, who made news in November with her meeting with President-elect Donald Trump, and was […]

Blockchain has moved on from its Bitcoin past and is being touted as an effective and inexpensive way to safeguard data, with one Singapore-based vendor launching its first blockchain-based authentication tool. Because it provides a shared replicated “immutable” ledger, blockchain can facilitate a “single source of truth” and a secure, tamper-proof system of record, according to Alan Lim, Asean practice lead for IBM Blockchain and Bluemix Garage. […]

Support from alumnus creates new opportunities for scholarship and academic exchange CAMBRIDGE, United States of America, January 18, 2017 The Center for Middle Eastern Studies (CMES) (https://CMES.fas.Harvard.edu) at Harvard University today opened its first overseas office, in Tunisia, home to a tradition of learning and research that extends from Antiquity to the present. The office and the year-round programs run from the location are made possible by […]

By Lisa Richwine and Anya George Tharakan Streaming video pioneer Netflix Inc added over a third more subscribers than expected in the last quarter of 2016, a sign of success for its ambitious global expansion that sent its shares up 8 percent in extended trading. Netflix signed up 7.1 million new subscribers globally, far more than the 5.2 million analysts had expected, according to research firm FactSet, […]

New Zealand is pressing to finalise a stalled free trade deal with the six-nation Gulf Cooperation Council (GCC) that includes two of the Middle East’s largest economies, Saudi Arabia and the United Arab Emirates. Trade Minister Todd McClay visited the UAE and Kuwait this week in an effort to promote the deal with the GCC, his country’s sixth largest trading partner. The GCC comprises Saudi Arabia, the […]

By Kate Kelland | DAVOS, Switzerland, DAVOS, Switzerland, A global coalition of governments, health specialists and philanthropists will launch a new plan on Thursday to “outsmart” future disease epidemics with a fund to prepare and create new vaccines. Stung by the devastation of West Africa’s 2014-2015 Ebola outbreak, which killed more than 11,300 people before an effective vaccine was developed, the coalition is aiming to ensure such […]

Members of the new Hydrogen Council at the Davos World Economic Forum on January 17, 2017. Major industrial groups have decided to join forces to promote hydrogen as a source of energy, with the focus on reducing greenhouse gas emissions Over a dozen leading European and Asian firms have teamed up to promote the use of hydrogen as a clean fuel and cut the production of harmful […]

Mumbai: The government is continuing its efforts to retrieve money stashed away illegally in foreign banks, including those in Panama, even as it hunts black money evaders at home. A team of tax officers and other civil servants visited Panama and some other key jurisdictions for tax information exchange in December, said two with people direct knowledge of the matter, requesting anonymity. “The government is targeting that […]

The sole Republican commissioner at the main US derivatives regulator has thrown his hat in the ring to be appointed the next chairman, even as he embraced aspects of financial reforms that Donald Trump’s team wants dismantled. Christopher Giancarlo, of the Commodity Futures Trading Commission, is set to assume the job of acting chairman after Mr Trump’s presidential inauguration on Friday, replacing Tim Massad, the sitting Democratic […]

Your daily guide to community and cultural activities across the Emirates for January 19, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Register to take part in an inversions yoga class with Laura Sykora and learn different variations of headstand, forearm stand and handstands. The workshop is open to all ability levels, […]

At least $13.3 billion of government projects are at risk of being cancelled in Saudi Arabia this year because of fiscal pressures and changing government priorities, Zawya Projects reported, citing a study by consultants Faithful+Gould. The total value of project awards for 2017 is forecast at $27 billion, and could rise to $32 billion if the Makkah Metro project, which was originally expected to be awarded in […]

Net profit of QAR 427 million by the end of 2016 Total Assets rose by 7% to QAR 60.6 billion Loans and Advances grew by 5% to reach QAR 35.2 billion by the end of 2016 Deposits reached QAR 32.2 billion, up 4% from the previous year Doha, January 18, 2017 Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the […]

Adel Al-Jubeir, Saudi Arabian foreign minister, said the US may face a flood lawsuits if it retains its Justice Against Sponsors of Terrorism Act (JASTA) bill. The bill allows US nationals to sue foreign states for supporting terrorism, regardless of if they are on the US state sponsor of terrorism list or not, thus ending the concept of foreign sovereign immunity. Al-Jubeir warned that this would mean […]

Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum The event brings together the most inspiring personalities in space to shed light on their discoveries, experiences and hopes to inspire the UAE youth and community Al Shaibani: The space sector is of strategic importance in terms of shaping the future of science and technology in the UAE 18 January 2017 […]

Multiple agencies with little accountability The reports to Congress specifically delineate those participants in the International Military Education and Training (IMET) program tagged in the State Department’s annual human rights reporting effort as having problematic behavior. As the main program that brings foreigners to the United States to attend U.S. military schools at Washington’s expense, IMET is now offered to select military and police officers in more […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stock markets held near three-month highs on Wednesday as investors scooped up exporter shares after U.S. President-elect Donald Trump expressed concerns over a stronger dollar. In Asia, MSCI’s ex-Japan Asia-Pacific shares index .MIAPJ0000PUS rose 0.3 percent, just shy of a three-month high hit last Thursday. Stock markets in Hong Kong .HSI and China .SSEC led the gains. “Trump’s […]

Abu Dhabi Investment Authority (ADIA), one of the world’s biggest sovereign wealth funds, sees investment opportunities in China’s fixed income and real estate markets, as well as smaller Chinese companies, its managing director told China Finance. ADIA, which has been investing in China for 25 years, has its largest exposure in listed equities, including a $2.5 billion allocation to the China A market, which lists shares denominated […]

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