|By Arabian Post Staff| Flight bookings for travel to the Middle East and Africa grew by 10.5 percent in 2017 and growth is set to continue in the first quarter of 2018, as bookings are currently 11.2 percent ahead of where they were at this time last year according to ForwardKeys, the company that helps forecast future travel by analysing around 17 million flight booking transactions a […]
|By Matein Khalid|I am often asked by investors to articulate my “philosophy” of real estate investing. Tough question. My ideal deal is one where it is possible to buy brick and mortar assets at 60 – 70% of replacement cost. This usually occurs in the aftermath of a banking crisis or economic shock. This was the case in Florida homes in 2009 or Spanish office space in […]
|By Arabian Post Staff| In a major endorsement to Saudi economic reforms initiated by Crown Prince Mohammad Salman, a top executive of American financial giant Bank of America Merrill Lynch said Saudi Arabia’s economic transformation will be “unstoppable” and there has already been a positive shift in the Kingdom’s business culture. Hootan Yazhari, managing director of the bank’s Dubai-based research department, said there are key moves being […]
|By Matein Khalid|Emaar Properties will sell 20% of its UAE development portfolio in an initial public offering in November. This is the first IPO in the UAE capital markets in the last three years and follows bellwether offerings such as Emaar Malls and Emaar Misr. Emaar’s Dubai development’s adjusted net value is 24.1 UAE dirhams and I would not be surprised if the post IPO revalues the […]
|By Arabian Post Staff| Chestertons MENA has reported the total number of off-plan transactions in the third quarter of 2017 has increased by 86% from the previous quarter, while the value of off plan transactions was up by 118% to AED4.04 billion. “With reference to off-plan transactions, Dubai’s real estate market has witnessed seasonal peaks and troughs in the last year due to high levels of uncertainty. […]
|By Matein Khalid| Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor to cheers and the Dow Jones Index rise 150 points when news broke that Trump had fired his alt-right, white nationalist chief strategist […]
|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]
A festival, unlike, say, a concert or exhibition, is a contained, utopian world, with a focus on a set of circumscribed pursuits. Like a highbrow summer camp for adults, festivals offer a jot of escapism, a chance to turn our attention away from some of the weightier issues of the past year. What makes them stand apart from other events is the joy of sharing the same […]
The president’s packed schedule is filled with opportunities for Mr. Trump to slip up, publicly or privately: back-to-back discussions with the leaders of other nations, many of whom are veteran negotiators well versed in issues they care deeply about. Continue reading the main story By contrast, it could also serve as a much-needed change of subject for a president besieged at home with an agenda frozen by […]
Google has unveiled a new kind of standalone virtual reality headset that does not need to be wired to a PC or external sensors to offer more realistic graphics and movement tracking, in the hopes of kick-starting what has been sluggish consumer adoption of the technology. Device makers HTC and Lenovo are working with Google and chipmaker Qualcomm to launch the headsets starting later this year, Google […]
Last summer, Abu Dhabi was scorching hot and immersed in thick, stifling humidity when I started having dreams of fishing along the stony shore of a cold river flanked by tall mountains. I had some time set aside for a week-long getaway, and wanted to do something different. I found little allure in the typical destinations most travellers head to when they want to escape the Gulf […]
If America’s political system were working as it should, Donald Trump would be on his way out. Either Congress would have started impeachment, or people around the president would have declared him unfit for office. But Mr Trump retains an ace up his sleeve. No elected Republican dares cross him. Any who think of standing up to him know they would risk an electronic lynching that could […]
Your daily guide to community and cultural activities across the Emirates for May 17, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi & Dubai Comedy […]
“I have been there and, believe me, I have been afraid.” This was how the first African-American Arctic explorer, Matthew Henson, described his expeditions to the North Pole in 1912. It is a feeling novelist Laline Paull can empathise with, for totally different reasons. During her trip to the Arctic, which became the inspiration for her fascinating new novel, Paull’s paralysing fear came from the obvious effects […]
The latest range of kaftans available at the luxury-modest-wear online store The Modist. Courtesy The Modist Pop of pink: metallic jacquard kaftan gown by Taller Marmo, Dh4,365. Courtesy The Modist Blue by day: floral-print silk-satin kaftan gown by Adam Lippes; Dh4,960. Courtesy The Modist Blue by night: foil-print georgette kaftan gown by Taller Marmo; Dh5,045. Courtesy The Modist Intricate touch: satin-jacquard kaftan gown by Osman; Dh3,780. Courtesy […]
By Ann Saphir | SAN FRANCISCO SAN FRANCISCO Ramin Forouzandeh had applied to 13 PhD economics programs in the United States, but after President Donald Trump signed his first travel ban in January, the 25-year-old Iranian turned to Canada for other options. He said he had focused on U.S. schools because they hosted most of the world’s top 20 economics programs. “Before the travel ban, I never […]
Your daily guide to community and cultural activities across the Emirates for May 16, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Fitness class Register […]
Although voice-activated platforms like Alexa will continue to grow and be important, it is my sense that AR is really the platform to watch. As I’ve discussed before, augmented reality has the potential to become the Next Big Thing. Voice-activated systems like Alexa are nice, but they have their limits. We’ve seen AR take off in apps like Snapchat and Pokemon Go, but what if a major […]
The projection of Saturn’s shadow on the rings grows shorter as Saturn’s season advances toward northern summer. Source link
15 May 2017 The Representative Office of the Ministry of Culture and Tourism of Azerbaijan in GCC on Monday announced that it participated in 08th Governmental Travel Roadshow organized by Dnata at the Dubai Police Headquarters. Azerbaijan took the opportunity to showcase what the country has to offer to the staff and members of the Dubai Police. The show was reportedly successful and the representatives at the […]
Hours before Germany formally declared war on France in WWI, Marcel Proust penned a letter to his financial advisor that anticipated the horrors to come. “In the terrible days we are going through, you have other things to do besides writing letters and bothering with my petty interests, which I assure you seem wholly unimportant when I think that millions of men are going to be massacred […]
In partnership with TechCrunch, The Europas Conference & Awards, is a different kind of tech event which features main-stage speakers and panels as well as smaller breakout sessions on key subjects for startups. The Europas conference is followed by a glittering awards based on voting by expert judges and the industry itself. Voting is now live, so please go and vote! The awards are editorially led, with […]
ATHENS One person died and two others were injured when a fire fanned by an early heatwave tore through a forested area in a town near Athens on Sunday, the fire brigade said. TV pictures showed plumes of smoke rising above the town of Agioi Theodoroi, some 65 km (40 miles) west of Athens, as the fire burned through large areas of woodland. Rescuers recovered a body […]
Young professionals interested in pursuing careers in the arts will now be able to apply for a fully sponsored internship at one of the world’s most prestigious museums. Thanks to a new partnership between Alserkal Avenue and the Peggy Guggenheim Collection in Venice, one successful applicant will travel to Italy for a three-month summer internship every year for the next six years – with the first intern […]
