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Donald Trump was due to meet former critic Mitt Romney for a second time on Wednesday as aides to the president-elect stepped up a public rearguard action against the possible appointment of the one-time Republican nominee as secretary of state.  Mr Trump has narrowed the list of candidates to several frontrunners, including Mr Romney and Rudy Giuliani, the former New York mayor and a faithful ally of the […]

Quote by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA for the UAE Pioneers Awards In (the category of Best Local Initiative to Encourage Reading as part of Corporate Social Responsibility) Quote by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA for the UAE Pioneers Awards In (the category of Best Local Initiative to Encourage Reading as part of Corporate Social Responsibility) […]

PC PS4 Xbox One PS3 Xbox 360 Movies Tech Wii Vita Movie Timings Events Competitions Videos Wikis IGN Con 3DS Reviews News Topics Popular now ReviewsPS4Xbox OnePCMoviesTechTVContestsForumsالعربية Login Register Share Tweet +1 Share Submit Final Fantasy XV Review HOME Ironside ironside-season-1 Action Comments Please enable JavaScript to view the comments. –:– Watch Dogs 2 Review –:– Watch Dogs 2 Review 01:21 Final Fantasy 15 Director Apologizes for […]

Switzerland has a world-beating position in cross-border investing: its finance industry last year managed SFr6.6tn of assets on behalf of institutions, companies and the rich. So Swiss bankers have a keen interest in the technological revolution sweeping global finance, which has profound implications for the way markets operate. That includes some of the more fantastic ideas about handing the management of clients’ assets entirely to computers — […]

Much of the markets’ mixed reaction reflects uncertainty about a new president who has never held public office, leaving political leaders, business executives and international institutions to make bets on how a Trump administration may rewrite rules that have governed global affairs under American presidents of both parties. Continue reading the main story “For allies and adversaries alike, the election of Donald Trump represents the likely abandonment […]

DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has honoured 45 Emirati individuals and entities that contributed to the UAE Year of Reading. At the UAE Pioneers Award 2016 ceremony on Monday to coincide with the 45th National Day celebrations, Sheikh Mohammed said: “Today we honoured pioneers and supporters of culture and reading in the UAE. We are proud of their contributions that […]

Reconciling accounting standards and religious principles is challenging Islamic banks and regulators as they adapt to new international book-keeping rules due to come into force in 2018. The new rules, known as IFRS 9, will leave their mark on all major products used by Islamic banks – from simple savings accounts to Islamic bonds – and impact their bottom-lines. Banks around the globe are gearing up to […]

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Trump team rejects effort to push vote recount | Reuters Top News | Mon Nov 28, 2016 | 10:35pm IST ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } WASHINGTON Donald Trump’s transition team on Monday pushed back against an emerging effort to recount votes from the Nov. 8 presidential election, calling it “nonsense,” but not offering any evidence to back the president-elect’s weekend tweet alleging millions of illegal votes. The Green […]

Mariah Idrissi was shopping at the Westfield London mall when she was stopped in her tracks by a stranger who asked to take her photo. Decked out in a tracksuit, a turban-style hijab and without any make-up on, she found herself being scouted by fashion label H&M. Sceptical at first as to why a western company might want a covered Muslim woman to model for them, Idrissi […]

Monday 12:00 GMT. Overview Stock markets in Europe are slipping back, led by losses for embattled Italian financials, on concern about potential contagion spreading from the sector into the eurozone financial system after Italy’s reform referendum. Meanwhile the dollar is cooling after its sustained run higher, with the index tracking the world’s reserve currency against six of its rivals down 0.1 per cent, although it is holding […]

DUBAI, United Arab Emirates, November 28, 2016/ — The Ashish J Thakkar Global Entrepreneurship Index of 85 countries ranks Singapore as the best environment for entrepreneurs Of the African nations, Namibia scores highest and comes 42nd overall – ahead of other prominent African markets, such as Nigeria, Kenya and South Africa The research, conducted by Mara Foundation and Opinium Research, examines the state of entrepreneurship around the […]

Bail in risk – €4 Trillion Italian banking system at risk as referendum looms Sunday according to Financial Times Concerns of multiple bank failures – Eight banks at risk of failure and bail ins Monte dei Paschi di Siena, third largest by assets and mid-sized banks Popolare di Vicenza, Veneto Banca and Carige and four smaller banks Italy’s banks have €360 billion of problem loans Contagion poses risks to Unicredit, […]

Monday 11:30 GMT. Overview The dollar is cooling after its sustained run higher, with the index tracking the world’s reserve currency against six of its rivals down 0.5 per cent, although it is holding the 100-point mark at 100.940. Stock markets in Europe are slipping back, led by losses for embattled Italian financials. Hot topic Oil is likely to loom large over the week before Wednesday’s Opec […]

SEOUL South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of the founding Lee family to strengthen their grip on the global smartphone leader, the crown jewel of the Samsung Group business empire. Elliott proposed a split in […]

DUBAI // The Awqaf and Minors Affairs Foundation has donated Dh1 million to the National Awqaf Foundation of Canada to help spread the teachings of Islam in Canada. The contribution, honouring the will of late foundation donor Ahmed Baghlaf, was divided into three parts: Dh500,000 for building schools that teach moderate Islamic values and principles; Dh250,000 to promote Islamic Da’wah; and Dh250,000 to support preachers. “These efforts […]

BEIJING China said on Monday it had lodged a protest with Singapore after Singaporean armoured troop carriers were seized by Hong Kong customs en route back from Taiwan, as a state-owned newspaper warned against Singapore’s “hypocrisy”. The nine troop carriers were impounded in Hong Kong last week, sparking a rebuke to Singapore from China’s foreign ministry about maintaining military ties with self-ruled Taiwan, which China considers a […]

28 November 2016 Manama, Kingdom of Bahrain: The Shari’ah Board of AAOIFI held its meeting No. 46 from 17 to 19 November 2016 in the Kingdom of Bahrain. Over more than 25 meeting hours, the board discussed specific issues and reviewed a number of technical and Shari’ah reports. The meeting was concluded with issuance of a number of resolutions as well as the adoption of two new […]

Given its enormity, India offers an array of local specialities. From clothing and gemstones to handicrafts and fabrics, every region has its own retail identity. One of the benefits of visiting Delhi, its capital city, is that it eloquently showcases a cross section of the country’s regional specialities, and over the past decade, the ancient city has grown rapidly beyond the exquisite and conventional to include whimsical […]

It’s laudable that Trump wants to bring factories back to USA.  But how about virtual, monetary factories?  Moving financial institutions such as banks, insurers, brokerage houses, exchanges, and other institutions brings the most bang for the buck when it comes to revitalizing America’s economy. As we explain in Splitting Pennies, even though money doesn’t exist, it’s the most important part of a healthy economy. The business climate […]

Industry eyes opportunity to reinvest at higher yields and leave low rate era behind ©Noam Galai/WireImage/Getty Donald Trump may be just what the global insurance industry needs. Shares in several of the sector’s largest companies have outperformed the market strongly since the US election, on hopes that a prolonged squeeze on their returns is finally drawing to a close. Years of ultra-low rates have eaten away at […]

By Lisa Barrington | BEIRUT BEIRUT Several thousand residents of rebel-held eastern Aleppo fled shifting frontlines, residents and a monitor said on Sunday, after a rapid advance by the Syrian army and allied forces that rebels fear could split their most important urban stronghold in two. The army and its allies took control on Saturday of the large Hanano housing district, on the northeast frontline of the […]

TOKYO Oil prices tumbled on Monday on fears that producer countries may fail to agree an output cut, pressuring U.S. stocks and the dollar as traders reversed their “Trumpflation” trade as weak oil prices would reduce pressure on U.S. interest rates to rise. That gave some relief to Asian shares, which had underperformed on worries about capital flight to higher-yielding U.S markets in the weeks since Donald […]

Muscat, November 28, 2016 Bank Sohar is pleased to announce that it has recently been awarded the ‘Best Public Awareness Campaign Middle East Road Safety’ award on a regional level and across the Banking sector at the recently held IQPC Middle East – Qatar Transport Safety Awards which took place recently at the St. Regis Hotel Doha, Qatar. The award, which marks the Bank’s 12th award of […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell over 1 percent on Monday, extending declines from last Friday as doubts re-emerged over the ability of major producers to cut output at a planned meeting on Wednesday aimed at reining in global oversupply. Brent crude futures LCOc1 were trading at $46.40 per barrel at 0035 GMT (7.35 a.m. ET), down 84 cents, or 1.8 percent, from their […]

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