GCC expats are miles behind their counterparts in North America, Europe and Asia when it comes to retirement planning, a study by global financial firm Guardian Wealth Management has found. In fact, in the annual pensions survey conducted by GWM, it found that 64.21 percent of GCC expats have no pension at all. This is compared to 14.49 percent in North America, 43.85 percent in Europe and […]
By Jessica Toonkel and Jennifer Ablan U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump. S&P 500 e-mini futures ESv1 were down over 0.65 percent, shortly after electronic trading resumed on Sunday evening. Volume of more than […]
The Corniche was teeming with crowds eager to celebrate and enjoy the activities at the first day of the Mother of the Nation Festival on Sunday. The festival has zones offering something for all ages. The two-level Pavilion zone overlooking the Corniche displays art. On the Corniche in Abu Dhabi, visitors flocked to pavilions and exhibitions to acknowledge the achievements of a national leader whose life story […]
March 26, 2017 by: FT Confidential Research Government efforts to cool the Chinese housing market are not working. Despite an intensifying clampdown, more households expect prices to continue rising in the coming months, particularly in the richest cities that are the focus of the government’s campaign. Consumer sentiment towards real estate purchases has also spiked, probably in response to widespread coverage of the policy tightening. The clampdown […]
The Australian government has signed a formal “Dialogue on Innovation” agreement with China that will see both countries exchange ideas between government representatives, business, and the research sector. Under the arrangement, both countries will contribute up to AU$6 million over three years to the next round of the Joint Research Centres, under the Australia-China Science and Research Fund (ACSRF), which supports strategic science, technology, and innovation collaboration […]
26 March 2017 Rebrand to emphasize unique integrated structure Open D Group reinforces position as a global expert in efficient retail and brand focussed solutions with a shopper approach Open D Group, Retail Access and Sparkle, the award winning retail and branding design agencies, have today announced their rebrand to ODG to implement a simpler, cleaner, agile and integrated organization to deliver its expertise in Intelligence, Branding, […]
Shares of Viacom Inc (VIAB.O) could rise 40 percent in the next year as the New York-based media company’s new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron’s. Viacom, which is controlled by 93 year-old media mogul Sumner Redstone and his daughter Shari Redstone, has been enmeshed in turmoil, which resulted in […]
The foundation stone was laid on Sunday for a UAE-supported military training city in Jordan. Sheikh Khalifa, the President, dedicated the project to King Abdullah of Jordan and the Jordanian people, reported Wam, the state news agency. The UAE will fund and implement the project, located in eastern Zarqa governorate, to build a joint camp for Jordan’s armed forces. It will include seven training schools designed by […]
Your daily guide to community and cultural activities across the Emirates for March 27, 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 Al Ain Equestrian show Catch […]
BELFAST Northern Ireland could be set for a fresh election or a return to direct British rule of the province after one of the two main parties negotiating to form a new government said on Sunday that talks had run their course without success. The British province’s nationalist and unionist parties have until Monday to form a new power-sharing government following snap elections this month or risk […]
Konrad Mizzi (left) is the fourth district’s frontrunner, followed by Chris Fearne (right). Konrad Mizzi is still the Labour Party’s frontrunner on the fourth electoral district despite his involvement in the Panama scandal, according to an internal survey conducted by other candidates on the district. As the battle heats up for Labour’s three safe seats in its stronghold, the survey, seen by this newspaper, shows Dr Mizzi […]
By Maria Sheahan and Hakan Erdem | BERLIN/SAARBRUECKEN, Germany BERLIN/SAARBRUECKEN, Germany Chancellor Angela Merkel’s conservatives strengthened their position as the largest party in the western state of Saarland in a regional vote on Sunday, bolstering her prospects of winning a fourth term in September’s national election. The election was the first of three regional votes ahead of the Sept. 24 federal vote and as such offered an […]
By Lindsay Dunsmuir and Doina Chiacu | WASHINGTON WASHINGTON Fresh off a defeat on U.S. healthcare legislation, the White House warned rebellious conservative lawmakers that they should get behind President Donald Trump’s agenda or he may opt to bypass them on future legislative fights, including tax reform. Both Trump and White House chief of staff Reince Priebus scolded hardline conservatives who rejected legislation backed by the White […]
Fresh from a mammoth, big budget UAE show, Guns n’ Roses have been named the top grossing live act in the world. According to stats compiled by Pollstar, the reformed rock legends bank an average of $5,004,737 (Dh18.3 million) per show, with the average ticket price set at $101.82 (Dh373). Regular tickets for the band’s controversy struck show at Dubai Autism Rocks Arena on March 3 – […]
WASHINGTON U.S. House of Representative Ways and Means Committee Chairman Kevin Brady said he aims to move a tax reform bill through his committee this spring. Brady told Fox News’s “Sunday Morning Futures with Maria Bartiromo” that his committee had been working on tax reform in parallel with the failed healthcare reform push. “We’ve never stopped working,” Brady said. “We will continue to make improvements. We are […]
It should come as no surprise that there are numerous activities related to Trust, Identity, and Privacy on the agenda for IETF 98. Below I will highlight a few of the many activities and provide pointers to a number of additional ones. There is something for everyone interested in these areas in Chicago in the coming week! The fun starts before the meeting even begins with the […]
MyRepublic has said that retail service providers (RSPs) cannot offer gigabit-speed services on Australia’s National Broadband Network (NBN) for anything less than AU$300 thanks to the connectivity virtual circuit (CVC) charge. The comments came in response to NBN CEO Bill Morrow’s claims last month that consumers don’t need and wouldn’t use 1Gbps broadband, as evidenced by the fact that no RSPs have taken up NBN’s offer to […]
PARIS It is “extremely likely” that French conservative presidential candidate Francois Fillon has been the subject of wiretapping in the course of a judicial investigation, a campaign aide said on Sunday, in the latest accusations to be made by the Fillon camp against the authorities. Fillon, a former front-runner who is now lagging in polls following a financial scandal, had earlier this week accused Socialist President Francois […]
Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” jobs. Just a few examples: self-driving technology may eliminate the need for […]
By Vladimir Soldatkin and Rania El Gamal | KUWAIT KUWAIT A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee “reports high level of conformity and recommends six-month extension”. But the final statement […]
DUBAI // A cleaner murdered his supervisor’s niece by stabbing her to the neck at her flat after he had problems breaking his work contract. The Filipino, 32, has been jailed for 15 years for the murder, which took place on August 7 last year. He had been told to pay Dh6,000 to his company for submitting his resignation and breaking his contract early, and tried to […]
The power of the movies to mould public opinion has never been lost on politicians, but rarely do they get to wield it as a tool for pro-war propaganda with such force as during the Second World War. A new three-part docuseries that comes to Netflix on Friday, Five Came Back: A Story of Hollywood and the Second World War, “tells the extraordinary story of how Hollywood […]
Lyft is looking at one of its biggest potential opportunities to make up some ground on its rival Uber, given the latter company’s ongoing and worsening PR crisis. So it makes sense that Lyft would go even further in the opposite direction, with a new program that lets riders top off their fare to the nearest dollar, and donate the difference to one of a group of […]
DUBAI // A troupe of 22 young dancers is heading to Disneyland Paris this week to perform for crowds at the theme park. Step Up Academy, based in Motor City, will be twirling and pirouetting on stage in one of the biggest theme parks in Europe. The expat youngsters, aged eight to 15, from 14 countries from Colombia to Egypt, Lebanon to Italy, will perform their 20-minute […]
