Our round-up of the week’s best comment and analysis from the Financial Times focuses on how Donald Trump’s election produced an abrupt change of mood in the markets and examines which assets will now benefit. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Was there a financial markets equivalent of the “shy” Trump supporter to explain […]
newslide Man convicted of fraud over Kung Fu Panda drawings A Massachusetts man has been found guilty of backdating drawings he relied on as evidence in his lawsuit against DreamWorks Animation. It was claimed he had invented the title character in the 2008 film Kung Fu Panda and a jury in Boston convicted 51-year-old Jayme Gordon on four counts of wire fraud and three counts of perjury. […]
20 November 2016 Exclusive report by UAE’s leading property search portal shows more than half of UAE online viewings are for properties renting for less than 100,000 per annum Yet the affordable housing segment, particularly low-priced villas, remains under-supplied and prices have increased, bucking broader market trends Dubai’s Discovery Gardens provides best yield in UAE at more than 10 percent, despite big drop in rental values this […]
Angela Merkel has said she will seek a fourth term as German chancellor, less than two weeks after Donald Trump’s election in the US left her as the west’s pre-eminent liberal leader. The German news agency DPA reported that she had told the leadership of her CDU party, which is meeting in Berlin, that she would stand again as a candidate for chancellor and party leader. The […]
Everywhere you look these days, it seems someone is talking about innovation. Whether at work or at home, when travelling, shopping or ordering a taxi, innovation is making our lives easier, reducing our impact on the environment and saving us money. As a result, it has become a career buzzword and young people across the region increasingly want to get involved and make an impact on their […]
Video The Syrian Boy Pulled from the Rubble in Aleppo Omran Daqneesh, 5, was rescued after an airstrike in the Syrian city of Aleppo. Within hours, a photo of his dust- and blood-covered face captured the world’s attention. This is the story behind the image. By MEGAN SPECIA, YARA BISHARA and NEIL COLLIER on Publish Date August 18, 2016. Photo by Mahmoud Raslan/Aleppo Media Center. Watch in […]
ABU DHABI// The European Union Delegation to the UAE has been officially opened in the capital. Dr Sultan Al Jaber, Minister of State, chairman of the board of directors of National Media Council, met with Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the Commission, at the inauguration ceremony at Etihad Towers. “The UAE is a country we […]
Regional experts meet to discuss holistic approach to atrial fibrillation from diagnosis to treatment United Arab Emirates, Dubai – 20th November 2016 Boehringer Ingelheim and Medtronic have collaborated recently to develop a holistic approach to Atrial Fibrillation (AF) treatment solutions. Both Boehringer Ingelheim and Medtronic organized a two-day program which integrated both current evidence and clinical practice. The program, which has been certified and accredited by the […]
By Tetsushi Kajimoto and Cynthia Kim | TOKYO/SEOUL TOKYO/SEOUL Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury’s monitoring list, along with Germany and Switzerland, having met […]
|By Arabian Post Staff| Dubai residential prices further slipped by 2.6 percent during the third quarter, taking the average residential values down 7.4% during the past twelve months, reports real estate consultants Cluttons. The rate of decline is, however, expected to slow heading into 2017 before reaching a new base towards the end of next year, it forecasts. Cluttons’ Dubai Winter 2016/2017 Property Market Outlook report highlights that values slipped […]
In late October, when it was still conventional wisdom that Hillary was “guaranteed” to win the presidency, the WaPo explained that among the neo-con, foreign policy “elites” of the Pentagon, a feeling of calm content had spread: after all, it was just a matter of time before the “pacifist” Obama was out, replaced by the more hawkish Hillary. As the WaPo reported, “there is one corner of […]
RIYADH, SAUDI ARABIA : 20 November 2016 Thomson Reuters announced today that it was selected as benchmark administrator and calculation agent for the Saudi Arabian Interbank Offer Rate (SAIBOR). The appointment is part of an agreement with the Saudi Arabian banking industry. The arrangement is authorised by the Saudi Arabian Monetary Authority (SAMA), as part of its regulatory mandate over the banking sector, where this initiative will […]
|By Arabian Post Staff| Donald Trump may not go the full course on his threat to stop imports of crude oil from Saudi Arabia, which he had threatened during the election campaign, analysts say. “We protect countries, and take tremendous monetary hits protecting countries,” Trump said in an interview cited by Reuters. “We lose, monetarily, everywhere. And yet, without us, Saudi Arabia wouldn’t exist for very long.” Trump […]
By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a […]
ABU DHABI // The UN High Commissioner for Refugees has praised the UAE’s pledge to take in 15,000 Syrian refugees, calling it an example for other countries to follow. “It is something I was very happy to hear in New York,” said Filippo Grandi, the UN high commissioner who was in Abu Dhabi on Saturday for the Sir Bani Yas Forum, at which the Middle East’s greatest […]
Arabian Travel Market will host the first ATM Global Halal Tourism summit as part of its line-up of special focus events, the organsiers have announced. Reed Travel Exhibitions, organiser of the annual Arabian Travel Market (ATM) in Dubai said the summit will feature experts from the Muslim travel world to discuss growth opportunities and positive economic impact. The summit, which is scheduled to take place on Wednesday […]
By David Shepardson | WASHINGTON WASHINGTON Ford Motor Co (F.N), one of Donald Trump’s prime corporate targets on the campaign trail, offered the President-elect a chance to claim a victory late on Thursday by informing him it would not shift production of a Lincoln sport utility vehicle to Mexico from Kentucky. Trump jumped at the chance, claiming in a tweet that he had “worked hard” with Ford […]
19 November 2016 Doha, Qatar: Commercial Bank, Qatar’s first private bank, is proud to announce it has won the “Best Cash Management Bank in Qatar” award at The Asian Banker Middle East & Africa Transaction Banking Awards 2016, held in Dubai. The Asian Banker is an authoritative provider of strategic business intelligence to the Asian financial services community. Judged by an international board of advisors, applicants were […]
newslide Dap-Kings singer Sharon Jones dies Sharon Jones, the powerhouse who shepherded a soul revival despite not finding stardom until middle age, has died at the age of 60. Jones’ representative, Judy Miller Silverman, said that Jones died in hospital after battling pancreatic cancer. Loved ones and members of her retro-soul band, the Dap-Kings, were among those surrounding her, Silverman added. The story of Jones’ battle with […]
Chinese president Xi Jinping vowed on Saturday to open the door even wider to foreign business and play an even greater role in the process of globalisation as Beijing moved to take advantage of Donald Trump’s election and fears that he may herald a new era of US disengagement from Asia. Speaking to business leaders on the sidelines of a 21-country Asia-Pacific Economic Cooperation summit in Peru, […]
By Mitra Taj and Caroline Stauffer | LIMA LIMA Chinese President Xi Jinping pledged on Saturday to further open the world’s second-largest economy as leaders of Asia-Pacific countries gathered in Peru to find new free-trade options after Donald Trump was s elected U.S. president on a protectionist platform. The annual APEC summit got under way in Lima just over a week after Trump’s surprise victory dashed hopes […]
It may not get the international acclaim of Dubai or the media attention of Doha, but Ras Al Khaimah (RAK) is quietly making its mark. Famed largely for bringing the world RAK Ceramics, the northern UAE emirate is forging a serious reputation on the global business stage. Be it in tourism, free zones, property or infrastructure, everywhere you look in RAK, something new is springing up. And […]
DUBAI // The second Innovation Week kicks off on Sunday with events taking place across the country. Launched last year by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, this year’s event aims to embed innovation in communities and is being held with the slogan “Innovation, an everyday activity”. “The UAE has become a global platform for innovation and innovators, attracting the best minds and […]
China’s domestic stock markets look set to be denied entry into international benchmarks for the fourth year in a row next year unless Chinese regulators remove “major obstacles” before June. Dimitris Melas, head of equity research at MSCI, provider of the benchmark MSCI Emerging Markets index, gave a downbeat assessment on Thursday of the prospects for China’s A-shares to be included in the index next year in […]
