Mosed Shaye Omar, 64, a naturalized American citizen since 1978, sued the State Department and Secretary John Kerry, claiming he was coerced into acknowledging that he had a name different from what was on his passport. By LIZ ROBBINS May 27, 2015 For nearly five hours on Jan. 21, 2013, in a windowless room at the United States Embassy in Sana, Yemen, an American citizen and Brooklyn grocery store […]
|By TAP Staff| Qatar currently has an estimated US$220 billion worth of projects in the pipeline. This new work is already positively impacting the interiors and fit-out market across all major sectors and there are no signs of this rapid growth slowing. The Qatar interiors and fit-out market had an estimated value over US$800 million during 2014, with some studies expecting the value to have doubled by […]
Top UAE banks paying off the emergency loans they previously took from the Ministry of Finance is a sign they now have ample liquidity and funding alternatives, according to banking industry experts. The UAE banks landed in a serious liquidity squeeze, after foreign banks withdrew Dh100 billion worth of funds from the local banks placed with them to make quick gains from the much-anticipated de-pegging of the […]
Hundreds of foreign construction workers staged a rare public protest outside the opulent Dubai Mall on Tuesday in a pay dispute with their company, witnesses said. Dubai authorities deployed riot police to Sheikh Mohammed bin Rashid Boulevard in downtown Dubai, where the world’s tallest building is located, blocking some roads while negotiators tried to settle a dispute about overtime pay. The workers, from south Asia, said the […]
The media invitation Apple sent out for a March 9 “special event” doesn’t offer details about the reason for the gathering. However, the “Spring Forward” message on the invite is leading many to believe the star of the occasion will be the soon-to-launch Apple Watch. “Spring forward,” of course, is the saying that helps most of us remember to set our clocks ahead one hour for Daylight […]
With a 3.75” blade made of 1095 carbon steel, the slim Lockback pocket knife from Farm & Field is a very versatile piece of EDC and comes in a variety of cool colors with Delrin/acrylic/Micarta handles: orange, matte black, green, & glow-in-the-dark. Made In the USA. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s […]
I wonder: did Australian television broadcast Bagpuss to its younger viewers during the Seventies? I’m asking because the Green Party leader, Natalie Bennett, grew up in New South Wales. Maybe she loved Bagpuss as much as I did; one story in particular: “Charliemouse then tells Bagpuss and Yaffle that the mill makes chocolate biscuits out of breadcrumbs and butterbeans. The mice run the Mill, and it does […]
HSBC Holdings, struggling to contain a scandal over tax evasion at its private bank, reported lower-than-predicted fourth-quarter profit as costs and conduct provisions rose. The shares slumped the most since 2011. Pretax profit dropped 56 percent to $1.7 billion from the year-earlier period, London-based HSBC said in a statement on Monday. That missed the $3.7 billion average estimate of five analysts surveyed by Bloomberg. Full-year profit fell […]
Camp Taji Journal American military personnel, recently deployed to Iraq, found remnants of the previous United States military presence, mostly untouched since their comrades left Camp Taji three years earlier. By TIM ARANGO January 6, 2015 CAMP TAJI, Iraq — The calendar on the wall reads November 2011. On the ground is a half-filled tin of Copenhagen smokeless tobacco. Scattered here and there are bottles of Gatorade, cans of […]
DUBAI, 2 days ago Developing countries in Asia—particularly China and India—are rapidly becoming the biggest trading partners with Gulf Co-operation Council (GCC) countries ahead of other regions, according to a new report released by the Economist Intelligence Unit (EIU) in conjunction with Falcon and Associates. The study, entitled ‘GCC Trade and Investment Flows,’ explored the GCC’s economic ties with each world region and identifies major growth drivers. […]
The latest entrant into Islamic finance is leading the industry in the new direction of socially responsible investment – which could even include the fight against Ebola. Last week an immunisation programme secured a $500 million issuance of Islamic bonds, or sukuk, in the largest debut issue ever by a global non-profit organisation, under a broader trend to use bond markets to fund development and humanitarian projects. […]
|By TAP Staff| The second edition of Royal India Luxury Show got under way in Dubai. The show provides glimpses of India’s royalty to visitors with the scions of some of the erstwhile princely states gracing the inaugural ceremony in royal attire. The event has participation from 22 Indian exhibitors representing travel, hospitality, leisure, luxury homes, fashion, weddings, jewellery and entertainment. The UAE offers immense growth opportunities […]
NEW DELHI: The T S R Subramanian committee, constituted about three months ago to review laws related to environment and forest protection, has recommended some big-ticket changes to the rules and legislation. These include a complete overhaul of certain laws, special fast-track dispensation for power, mining and linear projects, self-certification of compliance by industry and diluting the powers of the National Green Tribunal (NGT). The committee’s […]
Mumbai: The board of Securities and Exchange Board of India (Sebi) on Wednesday cleared big-bang market reforms, including a move to replace the two-decade-old insider-trading rules with the new prohibition of insider trading (PIT) regulations, and amending the existing delisting regulations. Additionally, Sebi approved new reforms in consent mechanism under which it will give entities found violating securities laws the option of settling the matter before the […]
NEW DELHI: The government is working on big-ticket financial package for about 1,30,000-mw thermal and hydro power plants worth over Rs 6,00,000 crore that are hit by severe funds crunch while continuing to face cost and time overruns. Officials said the Department of Financial Services will shortly recommend a series of steps to the Reserve Bank of India. These include lenders providing additional debt to […]
NEW DELHI: The government will decide on Saturday whether to press ahead with the Rs 13,000 crore mega project for the private sector to supply 56 medium transport aircraft to the IAF despite only a single bidder, the Tata-Airbus consortium, being in the fray. Though the defence acquisitions council (DAC) chaired by Manohar Parrikar will take the final decision, MoD sources on Tuesday said the “emerging […]
NEW DELHI: Bids in the February 2015 spectrum auction are likely to skyrocket as the department of telecommunications (DoT) plans to auction just 800/900/1800 MHz spectrum bands, and not the vital 2100 MHz band spectrum that telcos were hoping for. Auctions for spectrum in the 2100 MHz band will take place only in May, and with no certainty about how much 2100 MHz spectrum would be available […]
KOLKATA: State-run NTPC, the country’s biggest power generator and thermal coal consumer, plans to acquire at least 26 per cent stake in coal mines abroad to secure longterm fuel supplies for all its power plants, a senior executive said. This is a shift from the company’s earlier stance of seeking only minority stakes in such mines to ensure fuel for plants that operate only on imported […]
NEW DELHI: The Centre is likely to reallocate to state-run firms such — as NTPC and Damodar Valley Corporation — as well as state government utilities their captive coal blocks that had been cancelled by the Supreme Court. This leaves only half of the mines for auction to the private sector in the first phase in December. The coal ministry has assured most of the central […]
By Ashok B Sharma The annual feature, G 20 Summit, has turned out to be a mere talk shop. No substantial effort has been done at the multilateral level to salvage the global economy. Whatever efforts are been made, are at national level for generating more demand to keep up the growth pace of their economy. But with the emergence of strong leadership in India, […]
NEW DELHI: HDFC Bank will not be able to raise much money by way of foreign investment even as the Foreign Investment Promotion Board (FIPB) on Friday regularised its current overseas investment structure. That is because the board turned down the bank’s plea to not treat the promoter stake as foreign investment. Besides, the bank will also have to deposit a penalty as it was in the […]
Mumbai: The finance ministry will meet chief executives of public sector banks on November 20 to take stock of the progress made under the Prime Minister’s Jan Dhan Yojana (PMJDY). There will also be a review of the performance of the lenders. Hasmukh Adhia, the newly appointed secretary of financial services, who took charge on November 8, will chair the meeting. Adhia, a Gujarat-cadre IAS officer of […]
NEW DELHI: After cementing trade ties with China, energy-rich Russia is now looking to strengthen its relationship with India by reviving discussions on a hydrocarbon pipeline, in addition to inviting ONGC Videsh (OVL) to invest in oil and gas projects in the Russian Federation. India and Russia have decided to form a joint working group to study laying a ‘hydrocarbon’ pipeline connecting the nations. Preliminary discussions […]
A view of the Dome of the Rock, which along with Al Aqsa Mosque is on the site in Jerusalem known as the Noble Sanctuary to Muslims and Temple Mount to Jews. By JODI RUDOREN November 6, 2014 JERUSALEM — One cartoon circulating on social networks on Thursday depicted a car as the barrel of an automatic weapon, captioned in Arabic, “Revolt and resist, even by your car.” Another […]
