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Despite an economic slowdown and rising inflation, Bahrain’s property market has witnessed stability across most real estate sectors in the second half, which is expected to continue into 2017, according to international real estate consultancy Cluttons. While the Gulf state’s residential markets have outperformed expectations due to resilient rental budgets, its office and retail markets have largely seen no change in rents in the first nine months […]

Thursday 08:30 GMT. European and US equity gauges are subdued as government bond yields dip from multi-month highs and the dollar stalls after hitting its strongest level since 2003. Following a muted Asia-Pacific session — encapsulated by Japan’s Nikkei 225 closing unchanged — index futures suggest the S&P 500 will dip 1 point to 2,176 when the opening bell rings later in New York, leaving the Wall […]

DUBAI// A man sexually assaulted two maids he hired to clean his house, the Dubai Criminal Court heard. The 50-year-old Iranian accountant hired the Filipinas to clean his home in Al Nahda for three hours last August. “We arrived at 3pm and divided the work, I took the bedrooms and she took the kitchen. Ten minutes later she came to me and told me to be careful […]

BEIRUT, Lebanon — Eight hospitals bombed in the past week, five of them within the last 48 hours. Food stores running out of supplies. Scores of people killed in a single day. By Wednesday night, it was clear that the escalation feared for weeks in rebel-held parts of northern Syria was underway, as Russian and Syrian government warplanes carried out a second straight day of intense bombardment. […]

The government will unveil plans on Thursday to cut dramatically the amount that car crash victims can claim for whiplash injuries. A consultation from the Ministry of Justice will say that Britain is in the grip of an “epidemic of whiplash claims” which is driving up the cost of car insurance. It says whiplash claims are 50 per cent higher than they were a decade ago, despite […]

16 November 2016 The success story of the outdoor agricultural show, Agritech Expo, is about to expand to Tanzania with the inaugural farming B2B platform taking place in the agri-hub of Arusha in January. Says Agritech Expo Tanzania event director Yolanda dos Santos: “continued agriculture economic growth in Tanzania has awoken the need to facilitate an enabling environment where suppliers, farmers of all scales and industry professionals […]

Since last week’s US elections, emerging market assets have been spooked by the possibility of higher US interest rates and greater trade protectionism. That this should result in sudden and broad-based losses for holders of all types of EM investments — including equities, local debt, external bonds and currencies — should not come as a great surprise. What is unusual, however, is for such large losses to […]

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By Masayuki Kitano and Lisa Twaronite | SINGAPORE/TOKYO SINGAPORE/TOKYO The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operation. The dollar index, which tracks the greenback against six major rival currencies, eased 0.1 percent to 100.32 .DXY, after […]

CAIRO — An Egyptian criminal court sentenced a police officer to life in prison on Wednesday for fatally shooting a man who refused to give him a free cup of tea. It was an unusual move by a court in a country where the police are generally allowed to act with impunity, human rights activists said. The shooting in April, in which the tea vendor was killed […]

Rio Tinto has fired Alan Davies, chief executive of its energy and minerals division, and Debra Valentine, the head of legal affairs, after reviewing a $10.5m payment made for advisory services on a giant iron project in Guinea. Last week, the FTSE 100 mining company suspended Mr Davies and announced the resignation of Ms Valentine after contacting regulators about the payment of $10.5m to François Polge de […]

The Middle East will require additional power capacity of 267 gigawatts (GW) by 2030, an increase of 66 percent, according to engineering giant Siemens. The German conglomerate, its outlook for the energy landscape in the region, said growing demand will require and 66 GW of of power over the next 15 years. Siemens’ report maps out the region’s current power generation scenario, upcoming challenges, allocation of energy […]

Amid his display cases of gold coins and jewellery, Suresh Jain was in bullish spirits as he considered Indian households’ traditionally strong demand for the precious metal. “There is no change,” said the 55-year-old owner of BJ Jain Jewellers, in Mumbai’s Zaveri gold bazaar. “Gold is a need of the people. It is not a luxury item; it is essential.” Indian prime minister Narendra Modi is putting […]

Fallout 4 update 1.8 will bring mods to PlayStation 4 later this week, Bethesda announced today. The mod support is limited, however, with 1GB of storage on PS4 compared to 5GB on Xbox One. Mods also cannot use external assets. Bethesda originally reported having issues with PS4 mods, which caused the developer to delay a mod beta. Problems included limited mod storage space, performance issues, and problems […]

Photo The remains of Staff Sgt. James F. Moriarty were carried by an Army team at Dover Air Force Base in Delaware last week. Credit Steve Ruark/Associated Press JERUSALEM — American officials said on Wednesday that they were investigating the killing of three United States soldiers at a Jordanian air base this month as a possible terrorist attack and dismissed suggestions that the three had done anything […]

Donald Trump has pushed back on claims that infighting is hampering the critical process of putting in place his cabinet and top officials, insisting that his presidential transition is on track despite a series of dismissals and resignations. “It is going so smoothly,” Mr Trump tweeted on Wednesday, saying reports of chaos inside the team now headed by Mike Pence, his vice-president, were “totally wrong”. He also denied the transition […]

Global investor expectations of inflation have surged to their highest level in more than a decade, according to a survey of money managers that underlines how Donald Trump’s election as US president has electrified financial markets. More than 80 per cent of those surveyed this month by Bank of America Merrill Lynch believe that the global level of prices will rise over the next 12 months. Although […]

Wednesday 17:00 GMT. US and European stocks were softer as the dollar hit a 13-year high and bond yields eased off multi-month peaks, as investors reined in bets that US president-elect Donald Trump’s pledge of infrastructure spending and tax cuts would accelerate inflation. In Europe, Germany’s Dax fell 0.7 per cent as shares in Bayer fell 4.2 per cent after the drugmaker raised €4bn to pay for […]

A popular measure of the dollar climbed to its highest level in more than 13 years, propelled by the expectation of rising US interest rates, the expectation of significant fiscal stimulus and concerns about the rise of populist forces in Europe. The DXY, an index that measures the dollar against a basket of its main peers and primarily weighted to the euro, gathered pace on Wednesday, rising […]

Over the past few episodes, the battle between the evil Zamasu and Goku, Vegeta and Trunks has been heating up. It seems Zamasu’s fusion with Goku Black simply made the villain too powerful for the Z fighters to overcome. But as episode 66 of Dragon Ball Super shows, the defenders of Earth have a few more tricks up their sleeves. As was heavily teased in previews for […]

Photo Destroyed buildings in the Syrian village of Kfar Jales, near Idlib, on Wednesday, following air strikes by Syrian and Russian warplanes. Credit Omar Haj Kadour/Agence France-Presse — Getty Images LONDON — President Bashar al-Assad of Syria, in his first remarks since the American election, has called President-elect Donald J. Trump “a natural ally, together with the Russians, Iranians and many other countries” in the struggle against […]

German security officials have warned that Russia may try to interfere in Germany’s parliamentary election next year amid claims that Moscow meddled in this month’s US presidential poll.  Hans-Georg Maassen, head of the domestic BfV intelligence agency, expressed concern that the Kremlin was seeking “to influence public opinion and decision-making processes” in Germany. His warning echoes comments by Chancellor Angela Merkel who said last week that there were […]

The trade-weighted dollar has hit its highest level since the day US forces closed in on the capture of Saddam Hussein towards the end of the Iraq war more than 13 years ago. The index that measures the greenback against a basket of its peers gathered pace on Wednesday, rising to 100.530, reports Roger Blitz. That takes it past the previous intraday high of 100.510 reached on […]

MARRAKESH // Today’s youth value protecting the environment over economic gain and see education and social awareness as key enablers to sustainable development, according to a new survey by Masdar. The Masdar Gen Z Global Sustainability Survey involved around 5,000 young people aged 18-25 from across the globe in order to understand the challenges they see in the future. The findings offer insights into a generation’s hopes […]

By Alex Lawler and Rania El Gamal | LONDON/DOHA LONDON/DOHA OPEC officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, OPEC sources said, a sign of progress in finalizing the exporter group’s first such deal since 2008. OPEC agreed in Algeria on Sept. 28 to limit supply with special conditions given to Libya, Nigeria […]

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