WASHINGTON — During the height of the wars in Iraq and Afghanistan, the United States military often carried out dozens of daily operations against Al Qaeda and other extremist targets with heavily armed commandos and helicopter gunships. But even before President Obama’s speech on Wednesday sought to underscore a shift in counterterrorism strategy — away from the Qaeda strongholds in and near those countries — American forces […]
The firm aims to redefine the art of ‘Corporate Storytelling’ in the Middle East Dubai, May 28th, 2014: White Water PR, a Dubai based Public Relations agency, has launched its new website in the region to redefine the art of ‘corporate storytelling’. The website, ‘whitewaterpr.com’ is more pictorial in nature and the initial thoughts were inspired by the globally renowned ‘Snowfall’ format which was made popular by […]
The hotel was honoured at the MENA Travel Awards 2014 and Sharjah Tourism Excellence Award events DUBAI (May 28, 2014) – Ramada Sharjah received two separate accolades honouring its service quality and facilities at the MENA Travel Awards 2014 and Sharjah Tourism Excellence Award this spring. The hotel won its first Silver Award in the ‘Best 4-Star Business/Corporate Hotel’ category at the MENA Travel Awards 2014 on […]
Barack Obama has outlined his vision for the country’s foreign policy for the rest of his presidency, saying that the country will still lead, but will show more restraint before embarking on more military missions abroad. In a speech on Wednesday, the US president insisted that his country’s reliance on diplomacy over military intervention was working to resolve global crises such as Ukraine and Iran, and he […]
Emaar Properties has secured a $1.5 billion sharia-compliant loan from five local lenders, two banking sources aware of the matter said on Wednesday, the latest Dubai-based borrower to take advantage of buoyant markets to reprice debt. A number of state-linked entities in the emirate have sought to refinance existing debts, even if the loans have years until maturity, as market sentiment towards Dubai improves after its debt […]
Etisalat expects to conclude a long-delayed deal to allow competition in UAE fixed-line telecommunications services by the end of 2014, a company document states, which could threaten its dominant position in the lucrative sector. Etisalat and rival du have been unable to reach an agreement over so-called bitstream access, or network-sharing, in the United Arab Emirates, despite beginning talks in 2009 and the government being the largest […]
Low voter turnout has been reported on the second and final day of Egyptian presidential elections, as former army chief Abdel Fattah el-Sisi is expected to emerge as the country’s next president. While the Egyptian government declared a national holiday for Tuesday in an effort to get voters to cast their ballots, an official with international monitoring group Global Network for Rights and Development reported that voter turnout […]
Bavaguthu Raghuram Shetty moved to the United Arab Emirates from India nearly 40 years ago and made his fortune by building a hospital chain and money exchange group from scratch. Last week, he bought Travelex, the foreign exchange operator, for an undisclosed sum but what is likely the biggest investment of his career. In an interview with The Wall Street Journal, Mr. Shetty said he plans to […]
|By K Raveendran| It is indeed a milestone in the history of UAE’s expatriate business. The purchase of a controlling stake in Travelex by Dr B R Shetty is easily the biggest acquisition by an expatriate both in terms of its value and profile. It is also perhaps the biggest global brand acquired by a UAE-based Indian entrepreneur. There have been buyouts of higher values, but these […]
DAMASCUS, Syria — For Younes al-Nasr, a lifelong train lover, the Hejaz railway station here in the heart of the Syrian capital is a repository of shelved ambitions. Every day, Mr. Nasr, 68, a Transportation Ministry employee, pads around his offices in the Ottoman-era building, where light filters through red, yellow and blue stained glass. He imagines the past — the few short years a century ago […]
The judicial authorities in Iran appeared to harden their clampdown on expression Friday, moving to block Instagram, imprisoning the director who made the now-famous Iranian version of the Pharrell Williams “Happy” video and warning women to comply with a police campaign on the proper wearing of mandatory headscarves. Taken together, the developments suggested that the country’s Islamic bureaucracy was alarmed over any perception of permissiveness that may […]
BEIRUT, Lebanon — Rebels in southern Syria killed more than 20 people in a mortar attack on a tent put up as part of presidential elections next month, antigovernment activists said on Friday. The overnight attack appeared to be the first by opponents of President Bashar al-Assad directly targeting the election and raised the specter of further rebel assaults on rallies and other events. The vote, scheduled […]
|TAP Special|Travelex, which has been acquired by leading UAE businessman Dr. B. R. Shetty along with his partners associated with Centurion Investments, will continue to operate independently of UAE Exchange. The acquisition, to be effected through BRS Ventures & Holdings Limited, a company owned by Dr Shetty and equity partners associated with Centurion, is subject to customary regulatory and other approvals and consents. The acquisition will not […]
Let’s analyze what we should be careful about in the midst of the recent eBay hacking scandal. There are many lessons that can be learned from the incident about our privacy and security online.(Photo : Brian Cantoni I Flickr) As many of us have already found out, eBay was recently hacked while asking users to change their information and passwords. The question, however, is what we have […]
Daraa, Syria TEXT SIZE – + May 23, 2014 3:21 AM Syrian activists say rebels have killed at least 21 people at a campaign rally for President Bashar al-Assad in the southern city of Daraa. The Syrian Observatory for Human Rights says the rebels shelled a tent where Assad’s supporters had gathered late Thursday. The Observatory’s Rami Abd al-Rahman told VOA the victims include both civilians and pro-Assad militiamen. “Twenty-one […]
The MIT Enterprise Forum Arab Startup Competition, one of the biggest startup events in the Middle East, will announce its winner on Thursday evening at an event in Cairo. Here’s the five startups that caught the Wall Street Journal’s eye from the shortlisted semi-finalists. Elwafeyat.com: The concept of Cairo-based Elwafeyat.com is dead easy to understand. The website is an online platform to honor deceased family members and […]
What do you do if you are a cheerful 25-year-old college student in Iran tired of your country and its people being portrayed in the world as angry, provocative and depressed? Answer: You make a video of your friends being happy, singing and dancing in the streets of Tehran to Pharrell Williams’ smash hit song “Happy.” “People of Tehran are happy! Watch and share our happiness! … […]
Some 10 days before the overthrow of Hosni Mubarak in Egypt in 2011, a small startup accelerator was born with grand ambitions to serve the region’s entrepreneurs. Those ambitions had to be put on hold for six months with the ensuing political turmoil in the country. But now, in less than three years, Cairo’s Flat6Labs has established a platform, and most notably a brand, across the Middle […]
|TAP Special| Sharjah might soon have its own Metro, which could be linked to Etihad Rai, as part of a massive plan to develop the emirate’s transport infrastructure, according to sources familiar with the plan. The newly-created Sharjah Roads and Transport Authority has been tasked with the responsibility of undertaking the feasibility studies in this regard. The plan also includes the development of new road networks and […]
HERMEL, Lebanon — For many months, Shiite communities across Lebanon lived in fear as car bombs tore through their neighborhoods, punishing Hezbollah and its supporters for sending fighters to aid President Bashar al-Assad in the civil war in neighboring Syria. But Hezbollah succeeded on the Syrian battlefield in chasing rebels from the border towns where many of the attacks originated. The bombings have since stopped, leaving Lebanon’s […]
Sheikh Hamad bin Jassim bin Jabr Al Thani, who played a key role in Glencore International Plc’s takeover of Xstrata Plc, is returning to dealmaking a year after his ouster as prime minister and head of Qatar’s sovereign wealth fund. Sheikh Hamad is injecting 1.75 billion euros ($2.4 billion) into Deutsche Bank AG through his Paramount Holdings Services Ltd. investment vehicle, the Frankfurt-based bank said May 18. […]
Dubai Islamic Bank (DIB) will purchase a 25 percent stake in Indonesian Islamic lender Bank Panin Syariah, it said on Monday, as the United Arab Emirates-based bank looks to expand into the world’s most populous Muslim nation. Under the agreement, DIB – the largest Islamic bank in the UAE – will “jointly manage and operate” Bank Panin Syariah along with parent Bank Pan Indonesia, which will remain […]
BEIRUT, Lebanon — The death toll in the three-year Syrian conflict has risen to about 162,000, an increase of more than 10,000 in less than two months, according to an antigovernment monitoring group that is one of the few organizations still attempting to keep an exact count. The group, the Syrian Observatory for Human Rights, which is based in Britain and operates through a network of about […]
BEIRUT, Lebanon — The general in charge of Syria’s air defense has been killed in fighting near Damascus, an opposition monitoring group and Syrian security officials said Sunday. The officer, Lt. Gen. Hussein Ayoub Ishaq, one of the highest-ranking officers to die during the country’s three-year conflict, commanded 60,000 troops in Syria’s air defense forces, said Hisham Jabber, a retired Lebanese Army brigadier general who closely follows […]
