DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, chaired the first board meeting of the Mohammed bin Rashid Al Maktoum Library Foundation on Monday. During the meeting, he said he wanted the library to be “the largest knowledge project in the Arab World”, reported state news agency Wam. He directed the board members to work on collecting the best books and attracting the […]
When a man goes bankrupt it happens in two ways: first gradually, then suddenly. Those who look to financial markets for meaningful information about the future must accept the risk that the market may be wrong. The problem for those who place their faith in its predictive powers is that — like the bankrupt described by Ernest Hemingway — when investors discover they are wrong they too […]
How did they do it? How can it be that two decades after the fabled 1990s “big beat” boom – arguably the moment electronic music truly crossed over to the British public at large – The Chemical Brothers are the tallest tree from the era still standing? Their contemporaries might have sold more records, but today Fatboy Slim is a touring party DJ producing very little new […]
The 11km Boardwalk at Palm Jumeirah in Dubai was officially opened on Monday by Nakheel chairman Ali Rashid Lootah, marking the completion of another new attraction at the world-famous island. The AED150 million Boardwalk was created by building out over the rocks of the island’s protective breakwater to produce a six metre wide promenade – and a new destination for fitness, leisure and socialising. Accessible from 14 […]
Boosting spending on infrastructure and improving education could relieve some of the burden on the US central bank to support the economy, a top policymaker said on Monday amid speculation that Congress could push through a fiscal expansion after years of budgetary restraint. Stanley Fischer, vice-chairman of the Federal Reserve Board, said that the central bank did not need to be the only game in town and […]
Full spoilers for Westworld continue below. Plenty of unanswered questions remain after Westworld’s third-to-last episode of Season 1, “Trace Decay,” but at least one key theory is confirmed: there are multiple timelines. As the HBO series further teases out the mystery of the maze and of who Arnold is, Dolores’s complicated storyline actually offered the most insight into what’s to come. The two biggest early theories of […]
She could be 80 or 81 – while her age is disputed, one thing for sure is November 21 is Fairouz’s birthday. The legendary Lebanese artist, real name Nouhad Wadie’ Haddad, has performed on all the world’s greatest stages, ranging from the Royal Albert Hall in London to Carnegie Hall in New York. While there is no official tally as yet, Fairouz is said to have recorded […]
A shift towards stimulative fiscal policy could help ease the burden on the Federal Reserve in supporting the US economy, the Fed’s vice president has said. Speaking in the wake of Donald Trump’s election to the White House, Stanley Fischer said productivity-enhancing government policy such as higher infrastructure spending would help “confront some of our longer-term economic challenges”. “Macroeconomic policy does not have to be confined to […]
Downtown Damascus feels busy and alive, with people boarding vans and buses to get to work as in any other city. But the heavy traffic is partly a result of the security checkpoints that have proliferated. Continue reading the main story We were forbidden to photograph checkpoints, but they are ubiquitous. Our government-required minder alternately castigated, teased and charmed the soldiers and militiamen to speed our passage. […]
Investors, central bankers and policymakers are once again talking about investing in infrastructure as a way to stimulate flagging economies around the world. If the zeitgeist is to be believed, 2017 will see a burst of infrastructure investment-related activity. It’s a good idea, but there is plenty of reason to suspect that little will happen. A big reason why infrastructure investment is back in vogue is that […]
The stars will to be out in full force for Abu Dhabi’s Grand Prix, not least because this year’s race is a championship decider. Which celebrities can we expect to see painting the town Ferrari-red this weekend? newslide Paris Hilton – and Nicole Richie? Not only is Richie’s dad Lionel Richie singing at Yas Arena on Saturday night, but her old ‘bestie’ Paris Hilton is DJing in […]
HE Ahmed Bin Shafar: “District cooling is an ideal cooling solution that replaces conventional systems, bringing benefits to environment, economy and users” Dubai, UAE, 21 November 2016 Emirates Central Cooling Systems Corporation (Empower), world’s largest district cooling services provider, has urged real estate developers participating in the four-day “Big 5” exhibition 2016, that kicked off today (November 21 2016), at the World Trade Center in Dubai, […]
Theresa May has set out the terms of a new grand bargain with business, where the government invests to boost productivity and cuts corporation tax, in exchange for help tackling the worst excesses of capitalism. Setting out her business strategy, the UK prime minister proposes in the Financial Times a pact with corporate Britain to work together to defend capitalism, free markets and free trade from populist […]
Photo President Hassan Rouhani of Iran, center, at a welcome ceremony earlier this month in Karaj, just west of Tehran, has said that his country will remain committed to a nuclear deal with the United States and other world powers. Credit Office of the Iranian Presidency, via Associated Press TEHRAN — At first blush, the election of Donald J. Trump would seem to be bad news for […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose around 1 percent on Monday as OPEC moved closer to an output cut to rein in oversupply that has pressured prices for over two years. Brent crude futures LCOc1 were trading at $47.31 per barrel at 0743 GMT, up 65 cents, or 0.96 percent, from their last settlement. U.S. West Texas Intermediate (WTI) CLc1 was up 0.9 percent, […]
November 21, 2016 by: Peter Wells in Hong Kong and Michael Hunter in London Monday 08.00 GMT. Oil prices are making notable gains, tracking the prospect of a deal on output cuts between major producers, setting Brent crude on course for its first two-session advance since early October. Brent crude, the international benchmark, is up 1.3 per cent at $47.47 a barrel, while West Texas Intermediate is […]
Talking over a scratchy telephone line from Mumbai, Shah Rukh Khan and Alia Bhatt sound relaxed as they discuss their new film, Dear Zindagi (Dear Life), which is due out tomorrow (November 24) in the UAE. The superstar and young actress have been working tirelessly to promote the film, and spent a whole day last week talking to reporters, whose time slots were queued up, but, like […]
Sweden’s Henrik Stenson has won European Tour’s Order Of Merit for the second time after none of his challengers could replace him at the top of the money list on the final day of the DP World Tour Championship in Dubai on Sunday. Matthew Fitzpatrick holed a nerve-shredding four-foot putt at the 18th to win the season-ending tournament at Jumeirah Golf Estates, Dubai. The 22 year trailed […]
Dr. Omar, the last neurosurgeon in eastern Aleppo, who declined to provide his full name out of fear for his safety, sounded desperate when reached at the height of the bombing on Friday. Continue reading the main story “We no longer have hospitals to operate in,” he said. “You can’t imagine what it’s like living in Aleppo right now. It feels like we are living in hell. […]
Ending the kinds of offshore abuses revealed by the Panama Papers scandal requires a global solution led by the United States and Europe, a report released today by Nobel Prize-winning economist Joseph Stiglitz and Swiss anti-corruption expert Mark Pieth says. The 25-page report, “Overcoming the Shadow Economy,” argues that, as “economic leaders,” the U.S. and the European Union “have an obligation to force financial centers to comply […]
Race weekend is almost here. Whether you will be in the stands at the track or watching the Grand Prix on a big-screen TV in downtown Abu Dhabi, you need to eat. Here are our picks for the best spots to refuel. newslide Dine in the middle of the action If you have your Formula One tickets or a room booked at the Yas Viceroy, you will […]
November 21, 2016 by: Shawn Donnan and Andres Schipani in Lima US President Barack Obama wrapped up his final official trip abroad with a call for his successor Donald Trump to live up to America’s responsibility as an “indispensable nation” in the world, and to bolster the international order it had helped create. Amid fears that Mr Trump’s election victory on the back of a populist anti-internationalist […]
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Dubai, UAE, 20 November 2016 Dubai WoodShow 2017, in association with the International Technical Tropical Timber Association (ATIBT), will organize the Timber Legality & Climate Change Forum in Dubai from March 4-6, 2017. The conference will be held under the patronage of UAE Ministry of Climate Change & Environment and will discuss the potential of forests, share new technologies and renewable products, exhibit solutions in the timber […]
