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Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // SC to examine students’ exam plea today // ADIA and partners establish $1.4 billion aviation venture // Cloudflare unveils Zero Wire vulnerability intelligence service // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Vance attributes Republican midterm defeats to Iran conflict // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Middle East governments assess Iran war after US vote // UK air traffic outage inflicted £33m financial losses // APT29-linked campaign exploits outdated Apple and Android software // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Emirates Group records AED 4.1 billion half-year profit // Millions Of Indians May Soon Be Deprived Of Government Assistance // Private varsities bill all set to face the axe // Dubai boat show confirms international shipyard line-up for November // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Cyberport Venture & Capital Forum 2026 Grand Opening //

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The four-star flagship hotel caters to the market with affordable package deals for all International explorers 15 February 2017 Dubai, UAE – In direct response to the demand from travellers’, Somewhere Hotels, one of Dubai’s most stylish mid-market hotel brands, recently opened the doors to its new 301-room hotel at the renowned and convenient location ‘Barsha Heights’, previously known as Tecom. Making this the second hotel opening […]

Dubai’s Emaar Properties intends to reopen its landmark Address Downtown hotel by the end of the year, some two years after the skyscraper was gutted by fire following an electrical fault, its chairman told Al-Arabiya TV on Tuesday. Mohammed Alabbar was speaking after the developer reported a 56 percent rise in fourth-quarter net profits, boosted by higher revenue from property developments as well as the performance of […]

After a day of chaotic communication, a stock sell-off and a $6.3bn writedown that may destroy one of Japan’s greatest industrial names, the Toshiba president’s bow of apology finally came. Satoshi Tsunakawa’s head nodded for just one perfunctory second on Tuesday. Most assume there will be much deeper, longer bows to come as Toshiba leads investors, customers, employees and Japan as a whole through the country’s first […]

Amazon’s Prime program, digital music, video, e-book and audiobook subscription revenue totaled $6.4 billion in revenue for 2016, up from $4.47 billion in 2015. That category, detailed for the first time as retail subscription services, hints at how much money Amazon makes from its Prime subscriptions. The catch? Even if you assume 100 percent of Amazon’s retail subscription revenue is Prime the annual revenue tally doesn’t cover […]

Babies who were born prematurely and with extremely low birth weight may be at higher risk of developing mental health problems later in life. Low Birth Weight And Health Problems Later In Life Premature birth and fetal growth restriction are two main reasons why babies are born with low birth weight. In the United States, one in 10 babies are born prematurely. Researchers have long associated low birth […]

When Federal Reserve chair Janet Yellen testifies before a Senate committee on the state of the economy on Tuesday, there will be plenty tuning in who believe the epitaph for the three-decade rally in the bond market has been rightly written. US president Donald Trump’s plan to ramp up government spending and axe corporate taxes threatens to accelerate inflation, push up interest rates and widen the deficit […]

The reaction to a strike at the world’s largest copper mine underlines the sharp reversal in fortune in one of the world’s key metals over the past four months. Copper has jumped 5 per cent in the past two days to a two-year high after a strike at the Escondida mine in Chile raised supply fears about a market that has been starved of investment. The dispute […]

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Applications for Islamic car loans in the UAE grew significantly in 2016, with Islamic auto loan products occupying three of the top five spots on the year’s most-applied-for list, according to new data. compareit4me.com, the Middle East financial comparison site, said the number of users applying for Islamic car loans increased by 64.7 percent in 2016 compared to the previous year. Data gleaned from the company’s car […]

Janet Yellen continues to demonstrate that she is either profoundly ignorant or dishonest. Neither of those are positive qualities for a Fed Chair. Having maintained interest rates at essentially ZERO for seven years during the Obama years, Yellen suddenly believes it would be “unwise” to wait too long to raise rates now. It’s a bizarre claim, particularly when you consider: 1)   The US economy is limping along […]

Mobile data traffic will see a five-fold boost within the next five years driven by the increasing number of smartphones grow as well as the usage of video , 4G network speeds and the number of connected devices. The prediction is set in the last edition of the Cisco Visual Networking Index (VNI) Global Mobile Data Traffic Forecast. The report adds that mobile data will account for […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products, but a strong dollar continued to keep underlying inflation at the factory gate tame. Rising raw material costs are boosting producer prices across the globe, notably in China, which is the biggest source of U.S. imports. But economists still […]

Hugh Jackman has revealed another treatment for skin cancer. The 48-year-old star of the X-Men and Wolverine franchises posted a selfie on social media Monday showing off his bandaged nose. Jackman writes, “Another basal cell carcinoma. Thanks to frequent checks & amazing doctors, all’s well. Looks worse w the dressing on than off!” He also offered his fans some advice to wear sunscreen. Another basal cell carcinoma. […]

The US economy and fiscal policy face an uncertain path under the administration of Donald Trump, Janet Yellen warned on Tuesday as she declared “monetary policy is not on a preset course” but said it would be “unwise” to raise rates too slowly. Testifying before Congress on Tuesday, the Federal Reserve chair painted a picture of an economy with accelerating growth, higher inflation and a robust labour […]

Greece is planning to appoint Rothschild to advise on its debts as the country attempts to end a long-running creditor stand-off and avert default. Government officials hope to finalise the appointment before a gathering of eurozone finance ministers on February 20 that has been described as the last chance for Greece’s lenders to overcome their differences before European attention shifts to general elections in eurozone countries. Unless […]

The UAE shall take quality-focused steps to create a supportive environment for innovation at a legislative level and for educational system, economic and media segments, says UAE Economic Minister Dubai, February 14, 2017 Engineer Sultan bin Saeed Al Mansoori, Minister of Economy chaired the seminar on innovation and the future of economy at the World Government Summit, a global platform dedicated to shaping the future of government […]

ABU DHABI // The UAE’s ambassador to the United Nations is the second woman to be elected President of the UN Women Executive Board for 2017. Lana Nusseibeh, who will be representing the Asia-Pacific Group at the UN in New York, said UN Women played a critical role within the UN and around the world as a dynamic and strong champion for women and girls. “In the […]

A few days before the retreat, I met up with the man who, perhaps more than any other figure in the conservative movement, had maneuvered the party toward complete and unbending opposition to Obamacare: Michael Needham of the Heritage Foundation. Needham, 35, is the chief executive of Heritage Action for America, a feral cur of a lobbying organization established by the venerable conservative think tank in 2010 […]

A striking feature of global financial markets since the crises of 2007 and 2008 has been the high propensity of many wealthy private investors to sit out all the turmoil, holding cash in bank accounts rather than in riskier assets. Might that be about to change? The word among bankers in conservative Switzerland — the world’s largest centre for cross-border private wealth management — is that it […]

Tenants in Dubai could have the upper hand when negotiating rental rates thanks to a significant amount of stock coming to the market in 2017, according to real estate consultancy Asteco. Its new report said there are 31,500 apartments and 12,500 villas and townhouses scheduled to be delivered this year in areas including City Walk by Meraas, Damac’s Akoya, Dubai Wharf by Dubai Properties and Emaar’s Mira. […]

People ride Ofo-bicycles in Shanghai Unlock them with an app, drop them off anywhere, and nip past lanes of stationary car traffic: the humble bicycle is seeing a revival in China as a new generation of start-ups help tackle urban congestion and pollution with fleets of brightly coloured two wheelers. The bike-share concept has attracted huge venture capital as fledgling firms wrestle for market share. Such has […]

Submitted by Milton Ezrati via The Strategic Culture Foundation, Just about every adult on earth has seen this show before. Greece faces a debt repayment that it cannot meet: for this performance, €86 billion due in July. It needs fresh bailout funds from the European Union and/or the International Monetary Fund because borrowing directly on global capital markets comes at too high a cost—10 percent to replace […]

Shuaa Capital is working on a bolt-on acquisition of a financial services company based in the United Arab Emirates as part of the investment bank’s growth plans, chairman Jassim Alseddiqi told Reuters on Monday. The price for the targeted company, which specialises in capital markets and securities, would be less than 200 million dirhams ($54.46 million), Alseddiqi said. He also said discussions were at an advanced stage […]

14 February 2017 Manama, Bahrain – SAH Global conducted the MENA region’s first-ever Proton Therapy Patient Reunion in the Kingdom of Bahrain.  Founded in 2005, SAH is the only company in the MENA region that is already treating patients from the area, while establishing a network of Proton Therapy centers globally, with the first center slated to be in the GCC. The event was held under the […]

SYDNEY Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and Wall Street stocks. Yet caution bled into markets ahead of testimony by the head of the Federal Reserve, which could highlight the likelihood of two or more U.S. interest rate hikes this year. Japanese shares also ran into trouble after Toshiba Corp […]

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