Monday 08:30 GMT Overview The dollar and Wall Street equity futures are under pressure after data last week showed slower than expected US growth and as traders digest President Donald Trump’s executive order to clamp down on people entering the US from seven predominantly Muslim countries. The sour tone is suppressing stock markets in Europe, though not lifting government bond prices or supporting gold to any great […]
London Business School’s leading thinkers give us their views on the challenges and opportunities that businesses will encounter in 2017. Disruptive opportunities “2017 will be the year of disruption,” says Costas Markides, professor of strategy and entrepreneurship and executive education faculty director. “Every industry will be affected by some kind of discontinuity or disruption – whether it’s the invasion of new business models or the arrival of […]
UAE prime minister Sheikh Mohammed has approved a cabinet decree that will see Russian citizens granted an entry visa at all entry points to the county. The visa will allow citizens of the Russian Federation an entry visa for 30 days for the first time, renewable one time only for another 30 days, as per UAE regulations. The decree is hoped to develop economic and tourism ties […]
Phoenix Contact to showcase new innovative products at the Middle East Electricity 2017 Dubai, United Arab Emirates- January 29, 2017, (ME NewsWire) Phoenix Contact, an electrical engineering company is set to participate at the upcoming 42nd edition of the Middle East Electricity (MEE) 2017. The Phoenix Contact stall will be located at booth number 6A10 in hall number 6 at the Dubai World Trade Centre from 14 […]
Is “mobile-first” really the key takeaway for SEO in 2017? The message for SEO in 2017 is loud and clear: Design your website in a fashion that makes mobile users the priority. If you listen closely, you can almost hear Google whisper, “Or be left behind, mwah ha ha…” Now, where you may have been focusing very little (if at all) on mobile up to this point, […]
“It seems to me like a lot of people think we’re in a new inflationary boom,“ but, warns Gluskin-Sheffs David Rosenberg, “the answer is no… that’s just not gonna happen. It’s not like Ronald Reagan at all in that regard.” Full podcast: Submitted by Patrick Ceresna via Macrovoices.com, This time around, not only are valuations at 15-year highs but we’re entering it into the eighth year of […]
ABU DHABI // UAE residents were outraged by the “unfair” travel ban issued on Friday that prevents many of them from travelling to the United States. US president Donald Trump issued an executive order barring citizens from Sudan, Yemen, Syria, Libya, Somalia, Iran and Iraq from entering the country for 90 days. “I really believe this is unfair because there are many Somalis across the world who […]
By Sinead Carew | NEW YORK NEW YORK In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week would provide investors with welcome distraction from speculation about the U.S. president’s policy plans. But the current world is less than ordinary. In the second week after Donald Trump’s inauguration, issues such as his controversial immigration policies will likely […]
Despite the Trump administration’s chaotic start, there is one man who has every reason to thank the new US president — Haruhiko Kuroda, governor of the Bank of Japan. At a policy meeting this week, Mr Kuroda’s BoJ is set to edge upwards its growth forecasts for Japan, reflecting a Japanese economic outlook transformed by Mr Trump’s election and subsequent weakness in the yen. The US election […]
BERLIN Germany made mistakes with an open-door policy that saw more than a million migrants enter Germany over the past two years, Finance Minister Wolfgang Schaeuble acknowledged on Sunday, but he said Berlin was trying to learn from those missteps. “We have tried to improve what got away from us in 2015,” Schaeuble told the newspaper Welt am Sonntag. “We politicians are human; we also make mistakes. […]
By Devika Krishna Kumar and Catherine Ngai | NEW YORK NEW YORK Investors have rushed back into North American pipelines after U.S. President Donald Trump revived growth prospects in a sector that struggled to cope with a two-year oil price slump and strident opposition from environmental and Native American activists. Investor confidence in the industry was shaken last year when the administration of former President Barack Obama […]
British pop icon Rod Stewart will perform in Abu Dhabi for the first time this year. The crooner’s concert, at Du Arena on March 2, so far marks the capital’s first and only big gig slated for Saadiyat Island in 2017. Pre-sale tickets go on sale from Monday at noon, before general release on Wednesday, also at noon. The evergreen performer is enjoying a fresh spurt of […]
US President Donald Trump will speak to the leaders of Saudi Arabia, the UAE and South Korea in separate calls on Sunday, the White House said in a statement. Trump is expected to speak with Saudi Arabia’s King Salman first this afternoon, followed by a conversation with Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. The calls come just days after Trump signed an […]
Emirates has announced plans to further expand its European network with the introduction of a daily flight from Dubai to Zagreb, the capital of Croatia from June 1. The new southeast European destination will be served by an Emirates Boeing 777-300 aircraft, the only wide-body service operating to/from Zagreb, the airline said in a statement. “Emirates has had a commercial presence in Croatia since 2003, so to […]
US president Donald Trump and his Russian counterpart Vladimir Putin plan to meet soon to discuss “joining forces” in the Syrian conflict and “partnering” to solve a range of global issues, the Kremlin said on Saturday. During a 45-minute phone conversation, their first since Mr Trump was sworn in last week, the two men spoke in a “positive and businesslike manner” aimed at “stabilising and developing Russo-American co-operation”, according […]
26 January 2017 Dubai: “Biznet” Consulting, the leading company in the field of single window application system for various fields, such as construction and business, has promulgated and announced the start of its operations, aiming to expedite and simplify information flows between trade and government bring meaningful gains to all parties involved. Ismail Al Hammadi, CEO of “Biznet” Consulting, assured that the launch of the company’s services will […]
By Kiyoshi Takenaka and Roberta Rampton | TOKYO/WASHINGTON TOKYO/WASHINGTON U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed on Saturday to meet early next month, affirming the importance of bilateral ties while setting the stage for potentially sensitive trade talks. Trump’s administration has put the focus of the Abe visit, one of the first summits of the new presidency, on starting bilateral trade talks. Japan […]
LISBON French President Francois Hollande said on Saturday the new U.S. government was encouraging “populism and even extremism”, as he and fellow southern European leaders urged unity to face an increasingly uncertain world. “We have to stand together in Europe,” Hollande said during the meeting in Lisbon. “What is at stake is populism. The kind of discourse now coming from the United States encourages populism and even […]
By Christine Murray | MEXICO CITY MEXICO CITY Billionaire Carlos Slim said on Friday that Mexico should not fear Donald Trump, seeing opportunities for his country in the U.S. president’s economic policies, and praising Mexicans for uniting behind their government in talks with the northern neighbor. In a rare news conference, the telecommunications and construction mogul called Trump a negotiator, “not Terminator” and said his repeated attacks […]
ANKARA British Prime Minister Theresa May said in Ankara on Saturday that Turkey should maintain human rights and the rule of law, alluding to the arrests and sackings of thousands of people following last year’s failed coup. May, visiting Turkey after a trip to Washington where she met U.S. President Donald Trump, is making her first foreign visits as Prime Minister, promoting trade deals to strengthen her […]
This year’s results highlight the connection between corruption and inequality The writer served as Executive Editor of The Express Tribune from 2009 to 2014 Revelations of tax-evasion and money-laundering networks on a global scale in the so-called Panama Papers helped make the world appear more corrupt last year, according to graft watchdog Transparency International. The Berlin-based organisation said there were more falling scores than rising ones on […]
To make money in the Trump era, it pays to practise what you might call “reality-based investing”. Regardless of how the new president chooses to present events, Donald Trump’s administration still has to operate within legal, political and geopolitical constraints. Successful investors will be those who focus on the legislative and regulatory minutiae and on the realities of creating legislation on Capitol Hill. Trading in the bonds […]
In The Art of the Deal, Donald Trump described hyperbole as an “innocent form of exaggeration” that was a “very effective form of promotion”. In an interview with ABC News on Wednesday, the US president stretched this definition to the limit with his claim that he would make relations with Mexico “better than ever”, despite his demand that the country pays billions of dollars for a border […]
Investors sought US technology shares this week, underlining the degree to which money managers are broadening their search for sectors that should benefit from a pick-up in spending by corporate America. There were inflows of almost $900m in the week to January 25 into funds invested in technology stocks, according to flows tracked by EPFR. “We think that there is going to be a more meaningful capital […]
