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SAUDI ARABIA. Saudi Arabia’s non-oil private sector began the third quarter of 2015 on a positive note, with business conditions improving at the fastest pace in three months during July. Stronger growth of the sector as a whole was mainly driven by sharper expansions in both output and new orders, while purchasing activity also rose more quickly. However, data for employment bucked the general trend, as the […]

RAS LAFFAN, Qatar — The temperature hovered around 100 degrees on the jetty here, where a set of pipes were connected to a giant red-hulled ship. But the moisture in the air froze on the pipes and flaked off, creating snowlike flurries on the early summer evening. The incongruous sight is common on the Qatari ship, the Al Rekayyat, which carries a frigid fuel known as liquefied […]

From Saturday Night Live in the 70s to big 80s blockbusters to movies like Moonrise Kingdom today, Bill Murray is an actor like no other. The Big Bad Book of Bill Murray chronicles every single Murray performance in loving detail, relating all the milestones, yarns, and controversies. It is also packed with color film stills and behind-the-scenes photography. This entry passed through the Full-Text RSS service – […]

|By Matein Khalid| Every global recession since the OPEC oil shocks of 1973-74 was triggered by a contraction in the $17 trillion US economic colossus. The failure of Lehman Brothers, the meltdown in US subprime mortgages, the impotence of the implicit “Fed/Uncle Sam” put, the ice age in the commercial paper and interbank money markets all tipped the US economy into recession in late 2008 and triggered […]

GAZA — The new road known as Jakar Street is a rough dirt expanse that Hamas bulldozers cleared parallel to the fence separating this restive Palestinian strip from Israel. Jakar comes from a slang Arabic term that suggests provocation, stubbornness, an effort to vex or annoy or irritate. Leaders of Hamas, the militant movement that dominates Gaza, have been variously quoted as saying that they built the […]

AMMAN, Jordan — The young visitor from America rode his skateboard, jogged near his house or strolled to the market, barely acknowledging his neighbors. He was a regular at the mosque, but never bothered to introduce himself to fellow worshipers, appearing as indifferent to them as he seemed to his surroundings. “He made no effort,” said the mosque’s imam. After Mohammod Youssuf Abdulazeez, 24, was identified by […]

SAUDI ARABIA.  JLL, the world’s leading real estate investment and advisory firm, today released its second quarter (Q2 2015) Riyadh Real Estate Market Overview that asses the latest trends in the office, residential, retail and hotel sectors in Saudi Arabia’s largest city. Mr Jamil Ghaznawi, National Director and Country Head of JLL KSA, commented: “there has been relatively little change in the real estate market in Riyadh […]

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The developer Meydan has announced the launch of a new scheme known as Meydan One featuring a 711m-high tower, a huge new mall, the world’s largest indoor ski slope, a 25,000 sq metres indoor sports facility, the biggest dancing fountains in the world, a beach and a civic plaza capable of hosting up to 60,000 people. It is also to contain a 100-berth marina. And, a retractable […]

New York-based watchmaking upstarts Redux & Co. create watches that combine the look of classic pilot instruments with dive watch function. The COURG is a 39mm titanium case automatic powered by a Seiko SII caliber NH-35A movement. Strap options include ballistic nylon or Italian leather. A funded Kickstarter. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on […]

Gold’s tumble to the lowest since 2010 promises to prolong a mergers and acquisitions boom that’s seen transactions at a three-year high as weaker prices slash asset valuations. Deals valued at $9.6 billion were proposed or completed in the six months to June 30, up 7 percent on the previous half, as producers including OceanaGold Corp. agreed acquisitions, according to data complied by Bloomberg. They totaled $22.3 […]

CAIRO — Secretary of State John Kerry told the Egyptian authorities on Sunday that they would not be able to defeat terrorism at home unless they showed greater respect for human rights. “The success of our fight against terrorism depends on building trust between the authorities and the public,” Mr. Kerry said at a joint news conference with his Egyptian counterpart. “If that possibility does not exist, […]

TEHRAN — Despite the smiling clown, a symbol of the Great Satan’s love for meat, buns and fries, there were no angry mobs punching fists in the air, shouting “Death to America”; nor did the smell of burnt American flags permeate this Tehran neighborhood. It smelled of juicy burgers, flipped by a cheerful Iranian teenager named Jahan. His kitchen was crowned with a flashing logo that looked […]

Laith al-Khaldi who was shot of Friday during a demonstration near Ramallah, died on Saturday. By DIAA HADID August 1, 2015 RAMALLAH, West Bank — A teenager who was shot while protesting the arson attack that killed a Palestinian toddler died from his wounds early Saturday, according to family members and residents. It was the sixth fatal shooting by Israeli security forces in recent weeks, and the latest death […]

DUMA, West Bank — Residents of this Palestinian hamlet still awake on a hot summer night heard the screams and rushed to the Dawabsheh home. Outside, Saad, 32, lay writhing on the ground. Nearby, his wife Riham was still on fire. Their 4-year-old son was could be heard cyring inside the burning house and his brother, 18-month-old Ali, was already dead. Witnesses and officials attributed the attack […]

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter. Uber raised […]

FRANKFURT/SAN FRANCISCO BMW (BMWG.DE) and Apple (AAPL.O) may rekindle a courtship put on hold after an exploratory visit by executives of the world’s top maker of electronic gadgets to the headquarters of the word’s biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW’s headquarters last year and senior Apple executives toured the carmaker’s Leipzig factory to learn how it manufactures the i3 electric […]

In an open letter to Microsoft CEO Satya Nadella, Mozilla CEO Chris Beard (pictured) said it’s “disturbing” that the new Windows 10 operating system makes it difficult for users to choose anything but Microsoft’s Edge as their default browser. Beard is asking Microsoft to reconsider its approach and make user settings with Windows 10 more obvious and intuitive to manage. Beard, whose organization develops the Firefox Web […]

This is the most successful bag in the history of Kickstarter. $1.3 million raised & that’s because Peak Designs has a knack for improving on existing products. Designed by internet photo guru Trey Ratcliff, the Everyday Messenger Camera Bag converts easily from camera bag to messenger bag & back and features only premium materials from top to bottom. This entry passed through the Full-Text RSS service – […]

An employee works inside the office of U.S. online cab-hailing company Uber, on the outskirts of New Delhi, India, April 24, 2015. Reuters/Anindito Mukherjee REUTERS – Uber Technologies Inc will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States. Uber said it would use the additional investment to […]

ABU DHABI // Bertrand Piccard, co-founder of the Solar Impulse project and one of the pilots of Solar Impulse 2, the world’s first totally solar-powered aircraft, is looking to his staunchest supporters for funds to continue his journey around the world. Mr Piccard returned to Switzerland looking for €20 million (Dh80m) to repair the damage caused to Solar Impulse 2 as it flew to Hawaii. As the […]

The Abu Dhabi Securities Exchange (ADX) is considering introducing with the Dubai Mercantile Exchange (DME) futures and options contracts for specific Abu Dhabi stocks as well as market index futures, a top DME official said. The exchanges have established a joint committee which will examine the issue over the next few months, DME Managing Director Owain Johnson told Reuters. “You have to go to the market and […]

The yield on bonds of Abu Dhabi has decreased four basis points since 22 July, the day the UAE announced the move to remove fuel subsidies, Bloomberg reported. While the average yield on developing-country debt has increased 13 basis points since the 22 July announcement of fuel-price deregulation, the yield on bonds of Abu Dhabi has declined four basis points. The yield on bonds of the neighboring […]

Gold fell, heading for its largest monthly decline in two years, as the Federal Reserve moved closer to boosting US interest rates for the first time since 2006. While Fed policy makers refrained from signaling the timing of a rate rise after a two-day meeting, they described job gains as solid amid an improving economy, according to a statement Wednesday. The market expects a move as early […]

JERUSALEM — An ultra-Orthodox Jewish man who had recently been released from prison after serving 10 years for stabbing participants in the annual Gay Pride Parade here in 2005 struck again on Thursday, stabbing and wounding six marchers in this year’s parade, according to the police. Two of the victims were in serious condition, according to the emergency services. The assailant, Yishai Schlissel, was pinned to the […]

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