First Avenue, the new shopping mall and hotel planned for Dubai’s Motor City, has signed up leading retailer Carrefour as a key anchor tenant ahead of the project’s launch early next year. Carrefour, owned by Majid Al Futtaim, will open the new store in First Avenue while other major retailers are set to be announced for the AED500 million project’s launch during the first quarter of next […]
Pitbull’s performance at Du Arena – an opening night slot traditionally saved for an Arabic all-star bill – was announced, out-of-the-blue, just two weeks earlier. Mona Al Marzooqi / The National Onstage, as in his lyrics, Pitbull surrounds himself in bringing video images of sharp suits, glamorous females, fast cars and gleaming cityscapes – in short, every negative stereotype detractors might hold about the global F1 circus. […]
U.S., Peru seize $30 million in fake dollars, biggest bust ever | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } WASHINGTON U.S. and Peruvian agents have seized a record $30 million in counterfeit dollars in the biggest netting of fake greenbacks ever by the U.S. Secret Service, the agency said on Thursday. The stash was discovered when more than 1,500 Peruvian police, along with Secret Service agents, carried out searches […]
AMSTERDAM Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing concerns that production limits in the wake of the Paris climate accord could hit the energy giant’s valuation. In an interview with Dutch newspaper Het Financieele Dagblad, Ben van Beurden said the issue of “stranded” reserves – deposits in the ground that cannot be […]
The Microsoft Surface Pro and Apple iPads are some of the most popular tablets available in the market. It seems that these two tablets will soon see a new competition called Eve V, which will feature top-end specs and a reasonable price tag. Helsinki-based startup Eve Tech had aimed to raise $75,000 in its Indiegogo crowdfunding campaign for the Eve V. However, the company has already raised […]
KABUL British Foreign Secretary Boris Johnson dismissed suggestions on Saturday that Britain’s exit from the European Union and the election of Donald Trump as U.S. president would lead to Western powers withdrawing from engagement with the rest of the world. Speaking during an overnight visit to Kabul that included meetings with President Ashraf Ghani and Chief Executive Abdullah Abdullah, Johnson said Britain remained committed to Afghanistan “for […]
Istanbul, 24.11.2016 The Islamic Development Bank Group (IDBG) and Borsa Istanbul have signed a Memorandum of Understanding (MoU) to provide a general framework to facilitate cooperation and collaboration among the parties in fostering Islamic Finance in Turkey and other IDB Member Countries. The MoU was signed under the auspices of the President of Republic of Turkey, H.E. Recep Tayyep ERDOĞAN during the 32nd Ministerial Session of the […]
By Andrea Shalal | WASHINGTON WASHINGTON The United States has told China it will not recognize an exclusion zone in the South China Sea and would view such a move as “destabilizing,” U.S. Deputy Secretary of Defense Robert Work said on Wednesday. U.S. officials have expressed concern that an international court ruling expected in the coming weeks on a case brought by the Philippines against China over […]
Canadian director Denis Villeneuve’s thoughtful sci-fi drama Arrival, which was released on Thursday, is being hailed by some as one of the best movies about alien contact. But as with much of the best science fiction, the story is as much a look at the real world of today as a fictional adventure about a fantastical world of tomorrow. With its themes of communication, lack of understanding […]
ABU DHABI // Soul survivor Lionel Richie took centre stage at Du Arena Saturday night to serve up a satisfying set of golden oldies. Following the fast-paced dance-pop of Pitbull and the ominous beats of The Chemical Brothers at the preceding concerts, Richie’s slot in the Yasalam After-Race Concert Series offered a throwback to pop’s purer times. The sense of anticipation was high among fans queueing up […]
If breakfast is the most important meal of the day, why not have it for lunch and dinner, too? It seems the all-day breakfast trend is being embraced by cafes across the UAE, with options appearing at many venues. Much like the age-old chicken or the egg question, it is unclear whether the birth of the ‘Breakfastarians’ – a term popularised on the internet and in IHOP […]
Saudi Arabia pulled out of planned talks with non-OPEC nations including Russia as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna. OPEC officials were scheduled to meet with non-members including Russia on Monday before a ministerial meeting in Vienna two days later. The meeting was later canceled […]
ISTANBUL, June 10 (Reuters) – Turkey’s Kuveyt Turk, owned by Kuwait Finance House, mandated banks for a sukuk issue, bankers told Reuters on Tuesday. The bank has mandated KFH Investment as global coordinator and Citi, Emirates NBD Capital, HSBC, KFH Investment and Standard Chartered Bank as joint lead managers and joint bookrunners, bankers said. (Reporting by Behiye Selin Taner, Writing by Humeyra Pamuk, Editing Seda Sezer) (([email protected])(+90 […]
November 26, 2016 by: Madison Marriage in London and Andres Schipani in Bogotá Fidel Castro, the controversial Cuban leader who seized power in 1959 and ruled over the communist state for the following five decades, has died aged 90. Castro came to power as a charismatic guerrilla leader after his army of revolutionaries marched into Havana 49 years ago when he was just 32 years old. His […]
By Alexandria Sage | LOS ANGELES LOS ANGELES Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. “It can’t find the lane markings!” Kerssemakers griped to Mayor Eric Garcetti, who was at the wheel. “You need to paint the bloody roads here!” Shoddy infrastructure has become a […]
FRANKFURT German trains-to-turbines group Siemens is well placed to do business in the United States, regardless of whether President-elect Donald Trump backs fossil-fuels at the expense of renewable energy, its CEO told a newspaper. “The good thing is that we can offer everything. Steam power plants that are powered by coal, state-of-the-art gas-fired power plants, wind energy, we can build solar parks and the necessary link to […]
Professor Stephen Hawking, David Coulthard and Lily Cole supported the event that looked into the changing perceptions towards wealth 26 November 2016 Abu Dhabi – UNLIMITED, a new platform powered by UBS, hosted an exclusive event at New York University Campus in Abu Dhabi today that explored changing attitudes towards wealth. UNLIMITED is a content partnership with the aim of deepening and amplifying public understanding of what […]
Iraq’s prime minister said the country is willing to cut some of its own production, in a move that could smooth the way to a supply deal when Opec, the oil cartel, meets next week. Haider al-Abadi said Iraq would “shoulder responsibility” for some of the planned reductions of the 14-member group’s output to bolster the oil price, according to comments reported by Reuters. The price of […]
By Lisa Lambert | WASHINGTON WASHINGTON Lender GE Capital asked the U.S. government on Thursday to stop designating it as “too big to fail,” saying it had shrunk to the point where it would not pose a major threat to the nation’s financial stability if it experiences distress. Chief Executive Officer Keith Sherin said in a statement that the General Electric Co (GE.N) unit no longer met […]
Updated Nov. 26, 2016 2:23 a.m. ET Fidel Castro burst on the world scene in 1959, spawning the very image of a revolutionary with his scruffy beard, rifle and cigar, ruling Cuba for a half-century while rankling 11 U.S. presidents and helping bring the world to the brink of nuclear war. Mr. Castro, who was suffering from undisclosed illnesses, died at 90 years old, his brother, President […]
“This step will strengthen the hands of the common man in the fight against corruption, black money and fake currency.” —Indian Prime Minister Narendra Modi. For the first time, Indian patriot and defender of the common man, Narendra Modi, appears to be in over his head. Practically, the unintended (?) consequences are nothing short of a crushing blow to those his efforts are said to protect. The […]
Updated Nov. 25, 2016 4:59 p.m. ET Saudi Arabian oil officials won’t attend a meeting Monday with their Russian counterparts and others, OPEC officials said, disrupting plans between the world’s two largest petroleum producers to coordinate output cuts meant to elevate slumping crude prices. The move puts renewed focus on the Organization of the Petroleum Exporting Countries to break through an impasse at the 14-nation cartel’s next […]
Authored by Paul Craig Roberts, Liberals, progressives, and the left-wing (to the extent that one still exists) are aligning with the corrupt oligarchy against president-elect Trump and the American people. They are busy at work trying to generate hysteria over Trump’s “authoritarian personality and followers.” In other words, the message is: here come the fascists. Liberals and progressives wailed and whined about “an all white male cabinet,” […]
Event recognizes importance of encouraging innovation, knowledge and reading in cultural advancement UAE, November 24, 2016 In celebration of the UAE Innovation Week 2016, the Secretariat of the Supreme Legislation Committee (SLC) has held a ‘Reading Day’ recently as part of the national efforts to promote science, innovation and reading and place the UAE as one of the leading capitals in culture, knowledge and innovation. This move […]
