The UAE is one of the world’s leading food and beverage markets, worth Dh52.4 billion in 2015, according to global market research group Euromonitor. Dubai alone has about 7,500 places to eat, from street cafes and fast-food outlets to fine-dining and high-end restaurants established by big-name chefs. Many will showcase their best dishes during Dubai Restaurant Week, which ends on Saturday. Click here for our guide. Jean-Luc […]
The near collapse of the €29bn merger between the London Stock Exchange Group and Deutsche Börse was precipitated by the LSE’s decision to aggressively reject concessions demanded by Brussels without warning or consulting its German partner. Both exchanges took turns apportioning blame to EU authorities and obstinate rivals on Monday, making clear the deal once touted as creating a European champion to challenge their larger US rivals […]
Gold’s almost 10 per cent advance this year will be in jeopardy should US president Donald Trump’s key address to Congress on Tuesday reignite the dollar rally and prospect for higher interest rates. The yellow metal has been one of the chief beneficiaries of the cooling this year of the so-called “Trumpflation” trade, which sent the dollar to a 13-year high in early January and helped buoy […]
French government debt has capped its best run since the aftermath of Britain’s vote for Brexit, underlining the rapid shift in investor sentiment towards the country’s presidential election which now looms over financial markets. The yield on the 10-year French bond dropped to its lowest in a month, as money managers and traders continued to take succour after centrist candidate Emmanuel Macron received the backing of potential […]
27 February 2017 Dubai, UAE: The global food industry needs to make fundamental shifts in its operations to advance food safety worldwide, the Global Halal Industry Platform held in Dubai today has heard. The Platform, organised by the Emirates Authority for Standardisation and Meteorogy (ESMA) and part of the educational programme of Gulfood, the world’s largest annual food event running at Dubai World Trade Centre (DWTC) until […]
Researchers have found that people who live in neighborhoods with a lot of birds, trees, and shrubs were less likelier to suffer from stress, anxiety, and depression. In a study published in the journal BioScience, researchers from the University of Queensland, the British Trust for Ornithology, and the University of Exeter showed that benefit was observed regardless if the subjects lived in urban or leafier suburban communities […]
On Tuesday evening, Donald Trump will head to Capitol Hill to deliver an address to both houses of Congress. Such speeches have provided the US president’s predecessors with the opportunity to convey three main messages: their assessment of the country’s overall situation, the domestic legislative programme they hope Congress will pass in coming months and the main areas of global focus — all this in the context […]
· Phase 3 of MAG 5 Boulevard launched in response to huge demand for luxury mid-range units at the community · Dubai South’s strategic location a major factor driving demand, alongside the project’s convenient payment plan and state-of-the-art design 27 February 2017 MAG 5 Property Development (MAG 5 PD), the leading property developer of luxury mid-range developments and pioneering affordable housing initiatives, has launched MAG 5; […]
Submitted by Alex Gorka via The Strategic Culture Foundation, The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize […]
Apologies to Dickens, but this really might be the best and the worst of times for American journalism. As near-daily attacks on the press are launched from President Trump’s Twitter account and trust in the media sinks to record lows, readers are subscribing to national newspapers in droves and newsrooms across America are infused with a renewed sense of mission. “This is a moment where you’ve got […]
Traffic pollution spikes close to roads, a health hazard for nearby school students and anyone who spends time in those areas. Exposure increases the risk of problems, ranging from asthma attacks to heart disease. To find out if your school or another location of interest falls within 500 feet of a busy route (marked in red and orange), search below. Source link
LONDON Islamic State militants are planning “indiscriminate attacks on innocent civilians” in Britain on a scale similar to those staged by the Irish Republican Army 40 years ago, the head of the country’s new terrorism watchdog said. In an interview with the Sunday Telegraph published on Sunday, Max Hill, the lawyer tasked with overseeing British laws on terrorism, said the militants were targeting cities and posed “an […]
Here are the big questions for investors and markets this week. Will investors like what they hear from President Trump? Mr Trump will address a joint session of Congress on Tuesday (it’s not officially a State of the Union) and with US equities in record territory, investors are very much focused on tax reform and other fiscal measures. Here’s where the Trump trade — based on the […]
Top executives at some of the world’s biggest banks and insurers will have to vouch for their companies’ resilience to cyber attacks, under tough rules laid down by New York’s state regulator. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber security programme that can protect consumers’ private data and “ensure […]
In a break with more than three decades of tradition, President Trump on Saturday announced he would not attend the annual White House Correspondents’ Association dinner. I will not be attending the White House Correspondents’ Association Dinner this year. Please wish everyone well and have a great evening! — Donald J. Trump (@realDonaldTrump) February 25, 2017 The dinner will still proceed as scheduled, according to a statement […]
QInvest, the Qatar-based Islamic investment bank, has announced its exit from the St Edmund’s Terrace LP Fund which invested £50 million in a new luxury residential project in London. The fund, which was jointly owned by QInvest and a range of GCC institutional and retail investors, was created to allow investors to invest in London’s prime residential market. QInvest said in a statement that the fund generated […]
Back pain affects about 700 million people and is the leading cause of disability worldwide. Now, a new study shows that it is not just uncomfortable and debilitating, but also a potential indicator of early death. Examining the health and death records of 4,390 older Danish twins, a team of researchers from the University of Sydney in Australia found that those who reported lower back pain had a […]
25 February 2017 Fitch Ratings-London-24 February 2017: Fitch Ratings has assigned UAE based Majid Al Futtaim Holding LLC’s (MAF) proposed benchmark size subordinated perpetual hybrid notes a rating of ‘BB+(EXP)’. The proposed securities qualify for 50% equity credit. The final rating is contingent on the receipt of final documents conforming materially to the preliminary documentation reviewed. The hybrid note proceeds will be used for general corporate purposes […]
Akamai has published its Q4 2016 State of the Internet/Security report As always, an interesting read and an opportunity to look at trends in attacks. Not all trends are up and to the right. As the report states, Q4 2016 was “the third consecutive quarter where we noticed a decrease in the number of attack triggers”. Still, “the overall 2016 attack count was up 4% as compared […]
Neanderthals, often identified as unsightly grunting cavemen with massive foreheads and nearly nonexistent necks, are believed to have died out 40,000 years ago. Yet through their genome, they still have a say in the status of modern humans. U.S. researchers shed new light on how these ancient ones still influence genes in modern humans, likely contributing to traits including height and the likelihood of having diseases such […]
Saudi Arabia’s economy is forecast to continue slowing this year, dragged down by negative growth in the oil sector, according to Jadwa Investment. Its latest report said growth in the oil sector will turn negative due to the kingdom’s compliance with OPEC production cuts, while non-oil sector growth should rebound but “remain subdued” during 2017. Jadwa forecast that growth in the non-oil private sector will accelerate from […]
25 February 2017 MARC has affirmed its AAA(bg) rating on Boustead Holdings Berhad’s (Boustead) RM1.0 billion Bank-Guaranteed Medium-Term Notes (BG MTN) programme with a stable outlook. The rating reflects the credit strength of the syndicated bank guarantee facility provided by OCBC Bank (Malaysia) Berhad (OCBC Malaysia), Public Bank Berhad (Public Bank), Malayan Banking Berhad (Maybank) and The Bank of East Asia (BEA) Labuan Branch, all of which carry financial institution ratings […]
French authorities have made yet another monumental error in judgment after arresting Marine Le Pen’s chief of staff and bodyguard for questioning over alleged misuse of public funds to pay parliamentary assistants – the equivalent of a jaywalking ticket in terms of public opinion. By making le mountain out of le molehill, this latest debacle by French authorities is the most recent in a long list of backfired attempts to […]
Sign up to receive Authers’ Note daily by email here Despite appearances to the contrary, the Trump trade may be moving into reverse as the president’s maiden State of the Union address approaches. The overall level of the stock market is, of course, at fresh records. But the pattern within it is shifting again. The end of the week saw sharp falls for almost all equity markets […]
