In June, speaking at a former steelworks in western Pennsylvania that now processes scrap aluminium, Donald Trump promised a bright future for US steel if he became president. “It will be American steel that will fortify American’s crumbling bridges. It will be American steel that sends our skyscrapers soaring into the sky,” he said. “We are going to put American-produced steel back into the backbone of our […]
03 December 2016 Gulf Navigation announces the initiation of studies for large expansion of its operations in the northern region of the United Arab Emirates consisting of a set of comprehensive maritime activities, (the GNH Northern Project), including ship building, ship repair and offshore platforms, equipment and services, logistics, marine specialized operations and global mobile ship repair and services including a float and during voyage. The eastern […]
The commission, if not dead on arrival, quickly ended up on life support. Mr. Stiglitz and another board member, Mark Pieth, a Swiss anticorruption expert, resigned after only one official meeting because the government, they said, would not promise to make their final report public. Continue reading the main story “You can’t have a committee on transparency and not be transparent,” Mr. Stiglitz said. Photo President Juan […]
Dubai-based port operator DP World has announced the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers. The investment platform totals $3.7 billion, with DP World holding a 55 percent share and CDPQ the remaining 45 percent, the company said in a statement. The platform will invest in ports and terminals globally […]
Submitted by Robert Parry via Strategic-Culture.org, Under the cover of battling “fake news,” the mainstream U.S. news media and officialdom are taking aim at journalistic skepticism when it is directed at the pronouncements of the U.S. government and its allies. One might have hoped that the alarm about “fake news” would remind major U.S. news outlets, such as The Washington Post and The New York Times, about […]
Airline also picks up coveted accolade for 2016 World’s Leading Airline – First Class at the World Travel Awards 03 December 2016 Male, Maldives – Etihad Airways has once again collected the ‘World’s Leading Airline’ award at the 23rd annual World Travel Awards (WTA) Grand Final Gala Ceremony 2016. This marks the eighth consecutive year that the airline has received the prestigious accolade. Last night’s beachside event […]
US technology shares faced one of their worst weeks of 2016 as investors shifted their focus to equities that will benefit from the soaring price of oil and the policies of the Trump administration. The S&P 500 technology index, a measure of large companies in the sector, has declined 3 per cent since Friday last week. The fall represents the steepest drop since late April, when Apple […]
Al-Arabiya Duterte: Trump says Philippines fighting drugs ‘the right way’Al-ArabiyaThe Philippine president called Trump to congratulate him on his election victory with Trump wishing him “success” in his controversial anti-crime crackdown. (Reuters). AFP, Manila Saturday, 3 December 2016. Text size A A A. US President-elect Donald …Philippines President Says Trump Congratulated Him on Violent Anti-Drug CrackdownSlate Magazine (blog)Rodrigo Duterte: Donald Trump Endorsed Deadly War on DrugsTIMEPhilippine president says […]
NEW YORK The United States “absolutely must” complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday. In remarks that appeared to pre-empt President-elect Donald Trump, who has promised to roll back Wall Street regulations, New York Fed President William Dudley said much progress has been made making the financial […]
newslide Jolie and Pitt could lose adopted sons Angelina Jolie and Brad Pitt’s troubles just got worse. According to radaronline.com, their adopted sons Pax and Maddox could be taken away from them. Pax’s birth mum, Pham Thu Dung, is set to be released from prison soon and when she is, she says she wants her son back. Jolie adopted 13-year-old Pax when he was three years old. […]
ALEPPO, SYRIA: Syrian government forces have recaptured half the former opposition stronghold of east Aleppo, a monitor said, with the UN now facing a “race against time” to aid children forced out by the bloody offensive.President Bashar Assad’s forces have made swift gains since their offensive against Aleppo — once Syria’s commercial powerhouse — began on November 15.Tens of thousands of civilians have streamed out of the […]
|By Arabian Post Staff| DP World has announced the creation of an investment vehicle worth $3.7 billion in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers, for investing in global port developments. DP World will hold 55% share of the partnership. The platform will invest in ports and terminals globally (excluding the UAE) across the life cycle of the […]
03 December 2016 Abu Dhabi: The food production sector in the Abu Dhabi has enjoyed continued growth in recent years, due to flourishing internal markets and growing export markets. The Emirate’s ability to produce high-quality, competitive and value-added goods, accompanied by a strong logistics network and its strategic geographic location has seen it emerge as one of the most important regional food production and processing centres. As […]
By Sinead Carew and Chuck Mikolajczak | NEW YORK NEW YORK The rally in regional U.S. bank stocks that followed last month’s election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further. The S&P 600 index of small-cap banks has surged more than 20 percent since Trump’s surprise Nov. 8 victory, […]
Opec’s production cut this week to bolster oil prices may strike many as a throwback to an earlier era, but it hinged on a very modern method of communication: a messaging group between the smartphones of Saudi Arabia’s delegation in Vienna and Prince Mohammed bin Salman al-Saud. For a royal priding himself on being a tech savvy moderniser in the kingdom, the use of a popular encrypted messaging service may […]
Etihad Airways has collected the World’s Leading Airline award at the 23rd annual World Travel Awards Grand Final Gala Ceremony 2016. This marks the eighth consecutive year that the airline has received the prestigious accolade, the airline said in a statement. Friday night’s beachside event was held before an audience of the industry’s leading lights at the Sun Siyam Iru Fushi Beach Resort in the Maldives. Etihad […]
Successful SMEs set to become part of the supply chain for Qatar Shell and Pearl GTL 03 December 2016 Doha: As part of a nationwide strategy to support Qatari small and medium-sized enterprises (SMEs), Qatar Development Bank (QDB) and Qatar Shell will award contracts for five business opportunities; four will be awarded at a special ceremony on 5th December, and a fifth contract will be signed and announced […]
Frequent tornadoes and thunderstorms that kill people and destroy property have become a matter of grave concern. In the United States alone, the insured losses caused by severe thunderstorms have been put at $8.5 billion from the period between January to June 2016. A new study has tried a linkage between climate change and the increasing incidents of tornadoes. Calling for a deeper study on some meteorological factors, […]
The safety & security offered by the country, ranked high on expats’ preference list Dubai, December 1, 2016 38% of expats residing in the UAE who were surveyed by Xpress Money, consider the country to be their home because they feel safe and have a sense of security here. 27% of expats are grateful for the good career opportunities and the cultural diversity the country has to […]
Europe’s financial markets are bracing for Italy to reject the government’s constitutional reforms in Sunday’s referendum, with investors warning that an emphatic No vote risks a sharp sell-off in Italian assets. Although there has not been panic ahead of the vote, there are signs of some nerves among money managers and traders whose attention in recent weeks has been dominated by the reflation trade unleashed by Donald […]
Private equity firm Gulf Capital plans to sell some of its investments towards the end of 2017 and early 2018 as market sentiment and the regional economy improve, its chief executive told Reuters. Karim El Solh declined to say which stakes the Abu Dhabi-based company, one of the biggest private equity firms in the region, was considering offloading but said that they would be appealing to global […]
The U.S. Transportation Department said on Friday it granted flying rights to Norwegian Air Shuttle ASA’s (NWC.OL) Irish unit, setting the stage for a new battle among airlines for leisure travelers across the Atlantic. The order finalized a tentative ruling the department made in April and came days after the European Commission formally filed for arbitration over Norwegian’s request, which had languished for three years. U.S. airlines […]
At a conference on investing in non-performing loans in Milan last week, attendees were asked to vote on whether an Italian government scheme to help sell the debt was the “best way forward”. Just 3 per cent agreed. The response follows a year of wrangling over proposals to tackle the €360bn of problematic loans plaguing the balance sheets of Italian banks, which have lost half their stock […]
5G subscriptions are forecast to reach 20 million by 2022 in the Middle East and North East Africa, according to new research from tech giant Ericsson. Its Mobility Report for the Middle East and North East Africa also said mobile subscriptions are growing steadily across the region. They are expected to reach 690 million by the end of 2016, making up to 8 percent of the global […]
