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Jeddah, Kingdom of Saudi Arabia, 14 November 2016  The Board of Executive Directors of the Islamic Development Bank (IsDB) has approved US $592.2 million in financing for new development projects in several member countries and some Muslim communities in non-member countries. The major approvals include: US $105 million, for the Fadhili Combined Heat and Power Project (FCHPP), Saudi Arabia Advertisement US $338.5 million, for the High-Speed Train […]

If you are envious of those who own the Android 7.1 Nougat-powered Google Pixel or Pixel XL smartphones because of the fingerprint gestures feature, there’s no need to turn green. You can now get the same on your Android Marshmallow smartphone too! How you ask? Thanks to a new app called Fingerprint Gestures that enables the nifty feature on handsets powered by Android 6.0 Marshmallow. So courtesy of […]

ABU DHABI // The UAE has an important role in uniting Arab countries behind issues such as the Syrian crisis, a conference heard on Monday. Amr Moussa, former secretary general of the Arab League and Egyptian minister of foreign affairs said it was crucial that Saudi Arabia and Egypt should overcome their differences and share the same foreign policy objectives. “We need to get serious now. Even […]

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By David Morgan | WASHINGTON WASHINGTON With a bitter election campaign finally over, the Congress will reconvene this week to try to set aside its partisan differences long enough to keep the government from closing. As President-elect Donald Trump shapes his administration, Republicans are expected to move away from initial plans for compromise funding legislation and opt instead for a short-term measure to keep the government running […]

The Nintendo Switch 2017 Presentation on Jan. 12, in which more details regarding the upcoming hybrid console will be revealed, is still several weeks away. While waiting for more information to be released by Nintendo regarding the Nintendo Switch, rumors and speculations are running rampant for the details that are still unknown for the device. Garnering perhaps the most amount of speculation among the unknown specifics of the […]

November 13, 2016 by: Theodor Troev in Sofia and Kerin Hope in Athens Rumen Radev, Bulgaria’s former air force commander, was set to win a run-off vote in Sunday’s presidential election second round, triggering the resignation of Boyko Borisov, the centre-right prime minister, immediately after the polls closed. First results gave Mr Radev, an independent backed by the opposition Socialist party, a projected 59 per cent of […]

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Warning: Full spoilers for the episode below. I’m a fan of Jeffrey Dean Morgan’s performance as Negan on The Walking Dead, but we’re quickly seeing that a little Negan goes a very long way. After listening to him flippantly speechify for a solid hour in the premiere, and then catching a bit more of him last week in “The Cell,” this week’s chapter began to collapse under […]

Pay attention to the fine print and you’ll see that some of the online messages touting Democratic presidential nominee Hillary Clinton are paid for by “Hillary for America,” while others are sponsored by the “Hillary Victory Fund.” How powerful is this two-word change? It means the difference between ads funded by donors who may legally give Clinton up to $2,700 — or by those who may give […]

With residential solar energy ramping up, consumers are looking for ways to store extra energy without breaking the bank. To help solve this problem, a team of scientists has come up with a novel possibility: do-it-yourself, scrap-metal batteries. Source

Copper recorded its best week in five years as speculators scrambled to reverse bearish bets following the election of Donald Trump as US president, which boosted hopes for more consumption in the western world. The promise of a big infrastructure programme in the US, following a decade of reliance on China, has driven the market to reassess the outlook for copper and other industrial metals such as […]

On Wall Street the S&P 500 has surged to within touching distance of a record high, with the US equity market electrified by Donald Trump’s capture of the White House and the Republican party unexpectedly keeping control of Congress in Tuesday’s US election result. As an historic week ends, investors believe that a macro economic regime change looms, upending the policy mix that has dominated in Washington […]

If you’ve been salivating over Snapchat’s Spectacles, the company’s video-recording plaything unveiled back in September, you’ll be pleased to know Vuzix’s Blade 3000 series of upcoming smart glasses functions far beyond what Snapchat is poised to accomplish. Similar smart glasses have not ambled well in the past, keenly exemplified by the lukewarm reception of the Google Glass, whose future still remains foggy. There are only a few […]

ABU DHABI // More than 280,000 cases of diabetes were diagnosed in the UAE last year – a rise of 35 per cent on 2014. The International Diabetes Federation estimates that last year there were 1,086,300 diabetics in the country, compared with 803,940 in 2014. Experts blame obesity, lifestyle and greater awareness of the disease for the soaring figures. “Definitely there is an expected increase in the […]

DUBAI // A sustainable house that produces its energy from the Sun, water and the atmosphere has been opened by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The house, developed by the Mohammed Bin Rashid Space Centre, is the first of its kind in the UAE, and there are plans to use it as a model for new houses across the country. The house […]

|By Arabian Post Staff|The online shopping experience in the Middle East will forever be changed with the launch of Noon in January. The region’s largest-ever ecommerce company, Noon will be a driver of innovation which will offer a vast product selection and fast delivery across all categories. With an initial investment of US$1 billion, Noon will launch in the UAE and KSA markets and will soon cover […]

SYDNEY The U.S. dollar touched a nine-month peak in Asia on Monday as the risk of faster domestic inflation and wider budget deficits sent Treasury yields ever higher, a painful mix for assets in many emerging market countries. The dollar bounded above 107 yen in brisk morning trade to hit 107.37 JPY=, while the euro touched its lowest since January around $1.0773 EUR=. It also made a […]

Financial professionals arriving at their desks on Monday morning will have no shortage of views to digest on what the shock election of Donald Trump means for global markets. Having had a few days to consider the implications, economists, market strategists and analysts have penned thousands of words for clients in recent days that attempt to set out what the future holds. As Jan Loeys and his […]

Investors are betting on a new era of improved US-Russian relations following Donald Trump’s victory in the US presidential election — anticipating that a possible easing of economic sanctions and a reduced risk of capital flight will make the rouble more robust than other emerging market currencies. At the end of last week, the rouble escaped the worst of a brutal sell-off in emerging market currencies that […]

Sony’s answer to 4K HDR gaming is finally here in the form of the new PlayStation 4 Pro. Regarded as the best option for casual gamers who aren’t ready to commit to a full-fledged PC rig, the PS4 Pro boasts of high-end specs rarely seen on a console. This bad boy features a more powerful 2.1GHz octa-core AMD Jaguar x86-64 CPU compared to the PS4 and an […]

Fear and loathing was the overriding sentiment of fund managers and analysts contemplating the market implications of an unlikely Donald Trump presidency. Instead we have seen hope and excitement as the reality sinks in. What changed? It’s been quite the turnround. The overwhelming finance industry view before Tuesday’s election was that the stock market would tank if Mr Trump triumphed. Going by how equities quivered every time […]

With a strong sustainability plan in place, TASNEEF will use CSR to encourage best practice and strengthen the UAE 2021 vision of excellence in both public and private sectors. Abu Dhabi – 14 November 2016 TASNEEF in cooperation with the joint venture TASNEEF Business Assurance has started to implement a Corporate Social Responsibility (CSR) system, in line with its strategic plans and CSR objectives, by various activities […]

By Patrick Rucker and Lisa Lambert | WASHINGTON WASHINGTON U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book. President-elect Trump will take over on Jan. 20 and his fellow Republicans will have control of Congress and government agencies, allowing […]

Peter Thiel, the billionaire who became Donald Trump’s most prominent backer in Silicon Valley, made a critical distinction last week. He complained that the media tended to take the man literally, but not seriously. Now that Mr Trump is the president-elect of the US, everyone takes him seriously. And hence it becomes vital to work out whether we should take what he has been saying literally. After […]

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