Rather than pollute their legacy with a goofy iWatch-esque entry into the smartwatch market, Montblanc developed the e-Strap, a smartwatch strap that can be attached to different watches. It’s an Italian-made piece of leather texturized to look like carbon fiber connected to a tiny OLED touchscreen that sits on the inside of the wearer’s wrist providing a variety of functions & notifications. Available in June 2015. This […]
The BeoSound Moment from Bang & Olufsen gave everyone wood when it was unveiled this week at CES in Las Vegas. Like, actual wood. Oak to be exact. In addition to the touch-sensitive wooden control panel, this premium music streaming system also features a colorized Mood Wheel that selects songs based on how you’re feeling. This entry passed through the Full-Text RSS service – if this is […]
British custom carmaker Ariel has taken their infamous Atom track-day racer & turned it into an off-road, sandrail-style dune buggy. Under the hood of this open wheel 2-seater is Honda’s 2.4-liter i-VTEC engine. Delivering 232 hp and 221 lb-ft of torque via a six-speed close ratio manual transmission, the 1477-lb Nomad can race from 0-60mph in 3.4 seconds to a top speed of 125 mph. This entry […]
Dubai Islamic Bank will reopen the Gulf bond market next week with a capital-boosting sukuk, the region’s first debt offering in two months as financial markets there wobbled under the impact of falling oil prices. A successful offering would not just bolster reserves at DIB, the largest Islamic bank in the United Arab Emirates, but also pave the way for others who may have been waiting to […]
DUBAI // At Dh22 million and at more than 5km in length, the emirate can now lay claim to the world’s longest handmade gold chain. More than 100 people worked 10-hour days for weeks to make the four million individual segments of the 22-carat gold, 5.52km-long chain that set a new Guinness World Record on Monday. The Dubai Celebration Chain, which weighs in at 256kg, forms the […]
Wanted: Ched Evans is set to join League One side Oldham Photo: PA By Rowan Pelling 6:01AM GMT 05 Jan 2015 It’s been 13 years since John Leslie waved goodbye to his TV career. Some readers may be scratching their heads, as they try to remember his original claim to fame and what led to his downfall. Then they might gradually recall how the former Blue Peter and […]
Op-Ed Contributor By DENNIS B. ROSS January 4, 2015 WASHINGTON — THE president of the Palestinian Authority, Mahmoud Abbas, insists on using international institutions to pressure Israel, even after he was rebuffed in the United Nations Security Council, where he sought a resolution mandating Israeli withdrawal from the West Bank and East Jerusalem. Mr. Abbas has now announced that he will turn to the International Criminal Court — a move […]
The United Arab Emirates and Egypt appear the most attractive among major Middle Eastern stock markets in an era of low oil prices, the latest Reuters survey of regional asset managers suggests. The plunge of oil and equity prices over the last several months has stunned managers, and they may therefore invest their 2015 equity allocations to the region only gradually. “I think the next three months […]
Briggs & Stratton just revealed a breakthrough in snowblower technology with the release of the the innovative SnowShredder. Unlike your normal snowblower blade that blasts away light, fluffy snow but chokes when you hit the tough stuff, the SnowShredder is a serrated auger that quickly powers through tough ice and heavy-compacted snow. This technology will be available on Briggs & Stratton machines as well as Snapper and […]
The Ultimate Chicken Roaster elevates the bird off the cooking surface making for more even cooking and a juicier, more flavorful end result. Made of durable stainless steel, it is designed to work both in the oven and on the grill. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ […]
Gulf stock markets rose on Sunday despite oil’s weakness as Saudi Arabia’s plan to maintain government spending at a high level boosted investor confidence. The Saudi government released a 2015 state budget last Thursday that provides for a 0.6 percent increase in spending from this year’s plan. That cheered the retail investors who dominate Gulf stock markets; they had feared falling oil revenues would trigger spending cuts […]
Gulf stock markets rose on Thursday as Saudi Arabia released a 2015 state budget that will keep spending high, reassuring the region that economic growth is unlikely to be hurt much by the plunge of oil prices. The Saudi budget envisions state spending at a record 860 billion riyals ($230 billion) next year, up 0.6 percent from the 2014 budget plan. That would be the smallest rise […]
Saudi authorities pledged to curb wages and push ahead with investments next year as the world’s largest oil exporter seeks to counter the effect of tumbling crude prices on the economy. The government said it expects the budget deficit in 2015 to widen to 145 billion riyals ($39 billion), from 54 billion riyals this year, the Finance Ministry said today. That amounts to about 5 percent of […]
In Saudi Arabia, where the currency has been fixed at about the same rate for 28 years, even the tiniest swings in the futures market reflect concern the peg will be broken. So the 0.2 percent drop that traders see by next year shows this is the most worried they’ve been about it since 2009. For Standard Chartered Plc and Abu Dhabi Commercial Bank PJSC, that speculation […]
Already well recognized for its efforts to develop self-driving cars, Google is reportedly also working on getting its Android mobile operating system built directly into a variety of vehicles. Such a system would allow drivers to use mobile apps without having to connect their cellphones to their cars, according to a Reuters article published Thursday. Google rolled out its preview of Android Auto in June. Designed to […]
Labour leader Ed Miliband with MP for Manchester Central Lucy Powell Photo: Steve Back / Barcroft Media It was only a matter of time before Lucy Powell got it in the neck for being successful, young – and above all female. Just days after Ed Miliband promoted her vice-chair of Labour’s election campaign, the briefings against her began. Yesterday they reached a new frenzy, after she was blamed […]
Measure-It is adhesive-backed measuring tape; actual tape, which is helpful when you don’t have a third hand. Stick it to the wall and technically you’re 100% less likely to screw up the measurement. It features ruler marks including 16”-on-center marks for locating studs. When you’re finished it peels off leaving no marks or residue behind. This entry passed through the Full-Text RSS service – if this is […]
OPEC will stand by its decision not to cut crude output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, the United Arab Emirates’ energy minister said. OPEC won’t immediately change its Nov. 27 decision to keep the group’s collective output target unchanged at 30 million barrels a day, Suhail Al-Mazrouei said. Venezuela […]
Benchmark U.S. oil prices are poised to test $55 a barrel after a six-month rout pushed crude to the lowest in five years. West Texas Intermediate crude ended below $58 today for the first time since May 2009 after the International Energy Agency cut its global demand forecast for the fourth time in five months. Prices are down 46 percent from this year’s highest close of $107.26 […]
India wants to buy more rough diamonds directly from mining companies as the world’s biggest polisher of the gems seeks to bypass traditional dealers. Prime Minister Narendra Modi called on more major suppliers such as Russia’s OAO Alrosa to sell directly to India, which polishes 80 percent of the world’s diamonds, avoiding trading centers such as Antwerp and Dubai. Speaking alongside President Vladimir Putin in New Delhi […]
Sliding oil prices, leverage and sheer panic have exposed the fragility of Gulf equity markets just as they are becoming mainstream destinations for international investors. In May, MSCI upgraded Qatar and the United Arab Emirates to emerging-market status, drawing billions of dollars of new money to them. Saudi Arabia will open its bourse to direct foreign investment next year, which could draw tens of billions of dollars […]
Dubai family-owned conglomerate Al Habtoor Group has cast doubt over plans for an imminent initial share sale but expects revenues to more than double over the next five years helped by strong local economic growth, its chairman said on Tuesday. Speculation around a flotation of the group, which has interests in hospitality, retail and construction, has revived in recent months as the market for offerings in Dubai […]
Most Gulf firms can prosper with $70 oil DUBAI, 6 days ago Plunging stock markets in the Gulf show investors are panicking about the prospect of $70 oil next year. But heavy state spending means most firms in the region, with the big exception of petrochemical producers, are likely to do just fine. The main Saudi stock index sank 4.8 per cent on Sunday, bringing its losses […]
