The UAE raised $1.5 billion from a bond sale on Monday, marking the country’s return to international debt markets for the first time in more than a year. This move by the UAE’s government is not just significant for the Gulf nation, but is also piquing the interest of international investors globally. 45% of the investors were from the Middle East; 21% from the US; 14% from […]
The US dollar, long regarded as the world’s global reserve currency, is facing growing speculation among experts about its long-term decline in dominance. Several key factors contribute to this outlook, raising questions about the future of global finance and investment. There are several reasons why the dollar’s dominance is on the wane. A major concern is the ballooning US national debt. Over the years, the US government […]
Bitcoin, previously known for its ‘wild price swings’, is now trading sideways which is both a blessing and a curse for investors, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The analysis from deVere Group’s Nigel Green comes as volatility for major cryptocurrencies including Bitcoin and Ether are at multi-year lows – and have been for several months […]
Arabian Post Staff The United Arab Emirates announced today that it will transition to a four and a half day working week, with Friday afternoon, Saturday and Sunday forming the new weekend. The new working week will commence January 1, 2022, across the federation of seven emirates (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain) that make up the UAE. Currently the working […]
May 12, 2017 by: Mark Robinson and Emma Powell, Investors Chronicle Shares in Anglo American have risen 84 per cent base-to-apex within the past 12 months, a reflection of improved commodity pricing combined with cumulative rationalisation measures. Earlier this year, it was announced that the miner’s chairman, Sir John Parker, had decided to call it a day after an eight-year tenure in which he oversaw the sale […]
Donald Trump has chosen Woody Johnson, the billionaire owner of the New York Jets American football team and veteran Republican political donor, as his ambassador to Britain. Speaking to Republicans at a lunch in Washington ahead of his inauguration on Friday, Mr Trump revealed that he had chosen the owner of the sports team as ambassador, as he kept his penchant for announcing appointments of his team […]
Much of the markets’ mixed reaction reflects uncertainty about a new president who has never held public office, leaving political leaders, business executives and international institutions to make bets on how a Trump administration may rewrite rules that have governed global affairs under American presidents of both parties. Continue reading the main story “For allies and adversaries alike, the election of Donald Trump represents the likely abandonment […]
As night fell on June 15, volunteers at the Birstall Wellbeing Centre in West Yorkshire were preparing for their usual Wednesday group session. The centre offers Reiki healing, palm readings and holistic massage. Rebecca Walker, who opened the centre eight years ago, is haunted by that night in June. At about 6.30pm, a man in his 50s walked through the door. He was thin, on the short […]
|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]
Far-right and anti-European Union parties have made sweeping gains in the European Parliament elections held over the 28 member states. Voters in 21 of the EU’s states went to the polls on Sunday, choosing members for the bloc’s 751-seat legislature. The other seven countries in the bloc had already voted in a sprawling exercise of democracy that began on Thursday in the United Kingdom and the Netherlands. […]
Attacks on Nigel Farage, Ukip’s leader, by other politicians have not damaged his standing with voters Photo: EPA Nick Clegg was at his most priggish this week as he sought desperately to persuade the public not to back Ukip in the European elections. Indeed, he laid into not only Nigel Farage, but all those who back him – which, by my reckoning, could be some five million voters. […]
