The legendary Breitling DC-3 aeroplane has landed in Dubai as part of its record-breaking world tour. This historic aircraft, which is aiming to become the oldest plane to circumnavigate the globe, arrived at Jetex FBO Terminal, Dubai World Central on Tuesday (21st March) ahead of the next leg of the trip which will take it to Karachi, Pakistan. Having crossed the Gulf from Qatar, flying low over […]
The company committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years, as it seeks to build a world-class team locally TAKORADI, Ghana, March 22, 2017/ — Takoradi service facility underlines GE’s commitment to bring global expertise and build local capabilities in Africa. Investment to include training of Ghanaian workforce and partnerships with educational institutions. New facility will directly support Eni’s […]
In the wake of the terror attacks in England, France, Germany and elsewhere, can we finally admit that the war on terror is an utter and complete failure? 10 Ways to Reduce Terrorism So if the war on terror has failed, what should we do to stop terrorists? I. Stop Overthrowing the Moderates and Arming Crazies We know it’s a difficult concept to grasp, but if we […]
Korea Electric Power Corp has ruled out buying Toshiba’s controlling stake in Westinghouse, but confirmed it is interested in joining the NuGen consortium that is planning to build a new UK nuclear plant. The decision by the South Korean state-run utility is a blow to Toshiba’s efforts to find a buyer for its troubled US nuclear subsidiary as the Japanese conglomerate grapples with the worst financial crisis […]
Rex Tillerson says he did not seek to be US secretary of state but was persuaded to take the job by his wife, who told him “God’s not through with you”. “I was supposed to retire in March, this month. I was going to go to the ranch to be with my grandkids,” the 64-year-old former oil executive told the Independent Journal Review in his first full-length […]
A technical problem at NYSE Arca, the Big Board’s listing venue for exchange traded funds, stymied the end of the trading day on Monday, hindering the closing auction for 341 securities, NYSE said on Tuesday. In a letter to clients on Tuesday, NYSE attributed the problem to a new version of software. Trading on the exchange has recommenced normally. “I am contacting you personally to emphasise that […]
Center for Public Integrity investigations involving the opioid crisis, state insurance commissioners, South Sudan, broadband access and offshore corporations have been honored in recent days by prestigious journalism competitions. The Center was a winner in three categories of the Society of American Business Editors and Writers “Best in Business” competition, while taking a first place and a second place prize in the Association of Health Care Journalists’ […]
Top executives from two of the world’s biggest investment banks have warned about the perils of Brexit, saying they have begun to firm up plans to uproot jobs from London ahead of Britain’s departure from the EU. Banks had been among the most vocal opponents of Brexit in the run-up to June’s referendum, donating millions of pounds to the Remain campaign and speaking openly about the thousands […]
The release of the Panama Papers exposed an elaborate kickback scheme whose tentacles spread from the Caribbean island of Aruba to warehouses in Doral to the offshore banking haven of Panama City, according to a lawsuit filed in Miami federal court. The scam was allegedly hatched by Egbert Koolman, an employee of Aruba’s state-owned telecommunications provider, Setar. Koolman’s job was to buy phones from suppliers around the […]
DUBAI // If the humanitarian and refugee crises affecting the region today are not properly addressed they will return as major issues for tomorrow’s generation, according to the Minister of Education. On Monday at the Youth Engagement and Global Refugee Crisis at the American University in Dubai, Hussain Al Hammadi said that the UAE was working on instilling a culture of volunteering in school curriculums to ensure […]
NEW YORK // A chilly climate isn’t keeping Norway from basking in the glow of being named the world’s happiest country. It surged from fourth place in last year’s UN assessment all the way to the top spot, according to the World Happiness Report 2017 released on Monday. Other top countries on the list included Nordic neighbours Denmark and Iceland, as well as nearby Switzerland. “All of […]
The captions may be brief but the portraits are both striking and revelatory. One photograph is that of an imam in Lanzhou, Gansu province, known for his laughter. Another is that of an imam from Quanzhou, Fujian province, whose child has surpassed his father’s warrior-like skills, embodying the wisdom of the dragon while striking a pose like a tiger. They form part of a new exhibition at […]
March 20, 2017 by: Aliya Ram in New Delhi and Simon Mundy in Pune Vodafone, the UK-based mobile phone operator, has struck a deal to merge its Indian operations with local rival Idea Cellular to create one of the world’s largest telecoms groups, with a combined implied enterprise value of more than $23bn. The two companies on Monday confirmed the deal, which is the second merger in the […]
19 March 2017 Dubai Land Department (DLD), the strategic partner of the Dubai Property Show – Shanghai, hosted a preparatory meeting for Dubai property developers who will be exhibiting at the show from 24th to 26th March 2017. At the meeting, DLD discussed the various methods for ensuring the ongoing success of the show, including the promotional plan shared with exhibitors at the Real Estate Investment Management […]
Tim Byrnes is an unlikely symbol of China’s bid to become the world’s high-tech superpower. For a start he is Australian. Yet the 39-year-old quantum physicist’s decision to swap a research post in New York for Shanghai goes some way to explaining the lengths to which Beijing is going in its efforts to upend the world order. “Quantum physics is very strong in China,” says Mr Byrnes. […]
Exciting programme of seminars includes focus on experiential travel theme, selling local experiences, and halal tourism 19 March 2017 The legacy of Expo 2020 is set to come under the spotlight on Arabian Travel Market’s Global Stage, returning for the 2017 show at Dubai World Trade Centre, from April 24 to 27. Expo 2020, between October 2020 and April 2021, will bring together more than 180 nations […]
There are more than 100 places to get steak in the UAE and more steakhouses are opening all the time, which is testament to the fact that beef is one of the world’s most popular dishes. If there’s one thing the UAE likes to eat it’s beef, and the country’s connoisseurs have long enjoyed a love affair with one particular type – Wagyu. This intensely marbled beef […]
Brazil’s coffee farmers, struggling with the effect of last year’s drought, have turned to another black commodity — pepper. In a desperate search for an alternative source of income, an increasing number of growers in the state of Espirito Santo, the key producer of the lower-quality coffee robusta beans, have switched to black pepper, whose price more than tripled between 2009 and 2015. “Four years ago, we […]
Jumeirah Central, Dubai’s upcoming new urban mixed-use district, is already attracting “significant interest” from international investors, according to a senior executive. The mega project, which has no deadline for completion yet, will make its international debut at MIPIM 2017, the annual gathering of the world’s most influential international property players being held in Paris. Master planned by Dubai Holding, Jumeirah Central is already attracting significant interest from […]
Apple, Huawei, LG, Samsung, Sony lead the way as retail extravaganza prepares to open its doors to thousands of visitors in Dubai Global smartphone revenues continue to grow; 97% of UAE users reliant on WhatsApp for communication 18 March 2017 Dubai, United Arab Emirates – Thinner, faster and even more intelligent than we could have imagined, smartphones are back with a bang this year and leading […]
Finance ministers from the world’s biggest economies have dropped pledges to renounce protectionism in a meeting marked by tension over trade between the US and China. G20 finance ministers meeting in the German resort town of Baden-Baden noted the importance of trade to the global economy, but dropped tougher language from last year that vowed to “resist all forms of protectionism”. We have reached an impasse The […]
AJMAN // Four adventurers drove 1,400 kilometres to a far-flung area of Oman and planted the UAE flag on one of the world’s highest sand dunes. The members of the UAE Adventure Club, a non-profit organisation that teaches people about the desert and off-roading, made the trip to Mazyouna province, in the south of Oman near the Yemen border, aiming to become the first to raise the […]
Foreign investment capital has surged into Chinese domestic bonds over the past year, intensifying pressure for the inclusion of China’s $9.3tn bond market in dominant market indices that direct some of the world’s biggest fund flows, fund managers and analysts said. A year since China took meaningful steps to further open its bond market to international capital, inflows from foreign institutions rose 53 per cent to Rmb732bn […]
Havas, the French media agency, has joined the British government in pulling all of its digital ad spending from Google and YouTube in the UK, after it was revealed that government and corporate advertisements were being displayed alongside videos that advocate extremism. Havas, one of the world’s largest marketing groups, spends about £175m on digital advertising in the UK annually. It said it was also considering a […]
