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He seized power audaciously in 1959 and commanded to the last a powerful personal following inside and outside Cuba. But during more than half a century in office Fidel Castro, who has died at the age of 90, metamorphosed from a popular and charismatic guerrilla leader into a traditional caudillo, an autocratic holdover from another age. At his life’s end, although bolstered by the emergence of a […]

The numbers involved in musical theatre are staggering, according to Nick Allott. His favourite statistic is this: The seven Harry Potter films — the most successful franchise ever — grossed a total of $13bn; the four most successful musicals — Cats, Les Misérables, Miss Saigon and Phantom of the Opera – have garnered a whopping $16bn. “A lot of people don’t know that,” says the managing director […]

Oman’s tourism ministry has signed an agreement with Orascom Development Holding to build a new beachfront city complex. Ahmed bin Nasser Al Mahrizi, Minister of Tourism, signed the deal with Samih Sawaris, chairman of Orascom and Omani tourist firm Muriya, to develop City Walk. Set to be located in North Al Hail, the development comes as part of the continued collaboration between the Ministry and Muriya to […]

Luxury watch brand IWC Schaffhausen has launched an Arabic-inspired limited-edition Portugieser Chronograph with retail partner Ahmed Seddiqi & Sons in Dubai. The watch, which is limited to 200 pieces, is the brand’s first-ever to be manufactured with Eastern Arabic numerals. A part of its sales proceeds will go to Al Jalila Foundation which focuses on improving lives through medical education and research in the UAE. The Portugieser […]

Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle.   Lieutenants in Trump’s army: Bannon, Flynn & Sessions   Here at the Diary, we do not […]

Located within the Harley Street Medical Area, King Edward VII’s Hospital is an independent, acute, private hospital famed for its medical excellence in treating complex and life threatening conditions. 23 November 2016 A registered charity, with Her Majesty the Queen as its Patron, King Edward VII’s Hospital was initially established in 1899 to care for officers returning from the Boer War. Today the hospital treats anyone seeking […]

|By Arabian Post Staff| Emarat Dzayer Group, a Dubai-based diversified business conglomerate, and Groupe Imetal, a Government of Algeria undertaking, has signed an agreement to develop a US$1.6 billion (Dh5.87 billion) steel plant in Algeria’s Annaba Province. The agreement was signed on Tuesday in Algeria, on the sidelines of the Algerian-Emirati Investment Forum in the presence of Abdel Malek Sellal, Prime Minister of Algeria, Sheikh Mansour Bin Zayed […]

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Conference entitled ‘Utilizing Industrial Cooperation to Develop Local Supply Chain Capability’ brings together leaders from aviation, defence and space industries HE Abdullah Sultan Al Owais, Chairman of the Chamber of Commerce and Industry (SCCI): ‘Sharjah is seeking to improve the competitiveness of the Emirate of Sharjah’s manufacturing sector by welcoming high-tech industries working in these sectors’ Conference entitled ‘Utilizing Industrial Cooperation to Develop Local Supply Chain […]

Riyadh, 22 November 2016   Investcorp, a global provider and manager of alternative investment products, today announced that an entity managed by it has invested in a stake in the leading private medical laboratory chain in the GCC, Al Borg Medical Laboratories (“Al Borg” or the “Company”). Established in 1999 in Jeddah, Al Borg has 53 laboratories across eight countries in the GCC and Africa, with a clear […]

November 21, 2016 by: Shawn Donnan and Andres Schipani in Lima US President Barack Obama wrapped up his final official trip abroad with a call for his successor Donald Trump to live up to America’s responsibility as an “indispensable nation” in the world, and to bolster the international order it had helped create. Amid fears that Mr Trump’s election victory on the back of a populist anti-internationalist […]

Mitt Romney, a former governor of Massachusetts and staunch critic of Donald Trump during the recent presidential campaign, left the clubhouse at Mr Trump’s New Jersey golf course with no announcement about whether he will join the new administration. Donald Trump is holding meetings with prospective members of his administration at his golf club in Bedminster, New Jersey this weekend. Mitt Romney, the Republican nominee for president […]

19 November 2016 Doha, Qatar: Commercial Bank, Qatar’s first private bank, is proud to announce it has won the “Best Cash Management Bank in Qatar” award at The Asian Banker Middle East & Africa Transaction Banking Awards 2016, held in Dubai. The Asian Banker is an authoritative provider of strategic business intelligence to the Asian financial services community. Judged by an international board of advisors, applicants were […]

It may not get the international acclaim of Dubai or the media attention of Doha, but Ras Al Khaimah (RAK) is quietly making its mark. Famed largely for bringing the world RAK Ceramics, the northern UAE emirate is forging a serious reputation on the global business stage. Be it in tourism, free zones, property or infrastructure, everywhere you look in RAK, something new is springing up. And […]

19 November 2016 • 46 Emirati enterprises from diverse sectors among beneficiaries• “Our goal is to boost SME productivity and sustainability,“ says Abdul Baset Al Janahi• Dubai Holding CEO:  We are aligned with the government’s agenda to develop the SME sector, and committed to supporting Emirati entrepreneurs Dubai, 19 November 2016: Members of Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and […]

Abu Dhabi-UAE: November 18, 2016  Abu Dhabi Ports hosted the second edition of The Maritime Standard Ship Finance and Trade Conference in Abu Dhabi this week, which featured engaging discussions aiming to chart a course for the future of the shipping and maritime sectors. The event brought together high profile executives and industry professionals from local, regional and international markets including H.E. Dr. Abdullah Salem Al Katheeri, […]

Airbnb revealed a revamped version of its app at the company’s annual conference for hosts in Los Angeles that expands the services offered beyond only booking rooms. The Airbnb app, in addition to a “Homes” section that contains its popular room rental service, will now also be featuring sections named “Experiences” and “Places.” What Is Airbnb Experiences? Airbnb’s Experiences section contains the “Trips” program, which will allow customers […]

Saudi Arabia’s Public Investment Fund (PIF), its main sovereign wealth fund, said on Thursday it had filled key posts as part of plans to expand investment capacity and help reduce the kingdom’s dependence on oil income. Under economic reform plans announced early this year, the government has said it aims eventually to expand the PIF, founded in 1971 to finance development projects in the country, from $160 […]

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 […]

DUBAI // Increased female participation in society is a top priority for the UAE, Sheikha Manal bint Mohammed, wife of Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, said on Tuesday. Sheikha Manal, President of the UAE Gender Balance Council and President of Dubai Women Establishment, said these goals would be achieved through the adoption of legislation and policies that support women. She […]

US President-elect Donald Trump is sending another strong signal that he plans to take a pro-growth and business friendly approach to economic policy, with leading New York investors Steve Mnuchin and Wilbur Ross on his short list for Treasury and Commerce secretary. The pair on Tuesday won the endorsement of billionaire investor and Trump backer Carl Icahn who turned to Twitter after speaking with the incoming Republican […]

15 November 2016 Marrakech — The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), as a multilateral credit and political risk insurance corporation, plays a catalytic role in facilitating Renewable Energy projects in its member countries. On the margins of COP22, which took place in Marrakech, Morocco, on November 15, 2016, ICIEC organized a high panel discussion (HPD) under the theme “ECA Risk Mitigation […]

Abu Dhabi, November 14, 2016:  Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters announced today the winners of the 4th edition of the Ethical Finance Innovation and Challenge Awards (EFICA). Tirad Al Mahmoud, Chief Executive Officer of Abu Dhabi Islamic Bank (ADIB) presented The EFICA Lifetime Achievement Award to the former governor of Malaysia’s Central Bank, Dr Zeti Akhtar Aziz for her pivotal role in developing the […]

|By Arabian Post Staff|New solutions to meet future needs and diversify the options are being integrated into the the e-Dirham system, top officials involved in the development of a national alternative to cash payment for government services in the UAE indicated. Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8 billion. The number of e-Dirham transactions rose by […]

Dubai, UAE – November  14, 2016 Gulf Islamic Investments LLC (‘GII’), a UAE based Islamic financial services company, today announced the successful closing of US.$145 million fund raising for “Apttus”, a Silicon valley based company delivering Enterprise Class, Software-as-a-Service (Saas) Solutions to complete the Quote-to-Cash customer process and the Procure-to-Pay supplier process. This is the fourth company out of Silicon Valley for which GII has raised funds […]

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