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Buildings that were destroyed during the 50-day war last year between Israel and Hamas militants in the Gaza Strip. By DIAA HADID May 22, 2015 RAMALLAH, West Bank — Gaza’s war-battered economy is on the “verge of collapse,” dragged down by soaring unemployment rates that followed last summer’s war with Israel, border restrictions and government dysfunction, the World Bank says in a new report. Infighting between Gaza’s Islamist Hamas […]

About 6.6 babies die per 1,000 live births in Washington. Washington world’s most dangerous city for babies KAMPALA, 16 days ago Washington has the highest infant mortality rate of all the world’s richest capitals, according to a survey highlighting the failure of the world’s wealthiest country to prevent high rates of child deaths among its poorest citizens. Save the Children said in a study on Tuesday that […]

UAE. A new study reveals that Corporate Social Responsibility (CSR) programs can significantly increase UAE companies’ performance and recognition. The research, commissioned by the social enterprise Consult and Coach for a Cause (C3) and conducted by the global market research company YouGov, presented today at the CSR Summit in Dubai, shows that around three-quarters of residents are more likely to purchase from companies that actively contribute to […]

UAE. The findings of a new study by The Boston Consulting Group (BCG), a global management consulting firm and the world’s leading advisor on business strategy, shows that mobile technologies are creating immense value for consumers – value that greatly exceeds the costs of owning a mobile device. In fact, consumers worldwide value mobile technologies at 11 to 45 percent of their income – well above what […]

UAE. Landmark real estate regulatory changes including the UAE-wide Federal Mortgage Cap and Dubai’s doubling of Property Registration Fees last year, which was aimed at curbing speculative activity, have together gradually and successfully contained a market that was in danger of overheating with the level of transactional activity now dramatically reduced, according to latest research released by international real estate consultancy Cluttons.   Cluttons Spring 2015 Dubai Residential […]

By PETER BAKER May 21, 2015 WASHINGTON — President Obama denied that the United States and its allies were losing the fight against Islamic State forces in the Middle East, but he acknowledged in an interview posted online on Thursday that more should be done to help Iraqis recapture lost territory. While repeating his refusal to commit large-scale American forces to the region, the president said Sunni fighters in […]

Sepp Blatter, the FIFA president, center, with Ofer Eini, head of the Israeli soccer association, left, in Jerusalem on Tuesday. By JODI RUDOREN May 19, 2015 RAMALLAH, West Bank — The Palestinian grievances against Israel are familiar ones: hampering travel, blocking import of equipment, rampant racism and the treatment of settlements in the occupied West Bank. The Israeli response is also a repeat: security concerns, mostly. But this round […]

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Slide Show | The Ancient Syrian City of Palmyra Islamic State militants have destroyed historical sites and sold off artifacts in other cities, and some fear they may do the same in Palmyra. By ANNE BARNARD and HWAIDA SAAD May 20, 2015 BEIRUT, Lebanon — Islamic State militants swept into the historic desert city of Palmyra in central Syria on Wednesday, and by evening were in control of it, residents and […]

There’s a big problem with the security questions often used to help people log into Web sites, or remember or access lost passwords — questions with answers that are easy to remember are also easy for hackers to guess. That’s the key finding of a study that Google recently presented at the International World Wide Web Conference in Florence, Italy. Google said it analyzed hundreds of millions […]

MUMBAI Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers. India’s biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the bulk of […]

Is it permissible to give charity to non-Muslims? In a broad sense, the concept of charity in Islam is for whomever is needy and poor. This is because Islam is a universal religion, in accordance with the nature of its Final Prophet, who was sent as a mercy to “all the worlds”. Thus charity, in a general sense, can be given to anyone in need. In a […]

|Special byTAP Staff|Abu Dhabi-based Aabar Investments is expected to reap rich dividends from its involvement with Mongolia’s coal industry in the wake of a landmark mining deal concluded recently. Aabar Investments has been the largest UAE investor in Mongolia since 2011 through its investment into Gobi Coal & Energy Ltd, which has been credited with the discovery of the massive Oyu Tolgoi project. Its two main projects, […]

Photo Leah Pfeiffer, left, a student at the Culinary Institute of America, and Chuck Yu, a West Point cadet, cooking in a C.I.A. kitchen in October 2013.Credit Mike Groll for The New York Times We are hard pressed to think of many world-class liberal arts colleges with entire student bodies ambitiously studying and training toward a single profession – and in uniforms that are far from Vassar’s […]

Letter From the Mideast By JODI RUDOREN May 13, 2015 JERUSALEM — The most recognizable Israeli artwork depicting the Iranian nuclear threat was the cartoon bomb that Prime Minister Benjamin Netanyahu drew a red line through at the United Nations in 2012. Now comes Andi Arnovitz, an Orthodox Jewish-feminist painter and printmaker, with a series of collages that are a bit more sophisticated and just as unsettling. There is […]

|By Alaa Alghamdi| Recently we have seen heightened security along the Saudi borders in response to the threat posed by Houthi rebels, those same rebels who exerted such power that they forced President Mansour Hadi to leave the country. The leadership of Khaled Bahah as Vice President offers hope that decisive action may be taken to resolve this matter. Meanwhile the UN is referring to the situation […]

DP World, one of the world’s biggest port operators, has launched a $500 million, five-year bond that will price later on Tuesday, a document from lead arrangers showed. The transaction was set to price at a spread of 155 bps over midswaps, which is at the tighter end of a final guidance of 160 bps plus/minus 5 bps over midswaps. This is lower than initial pricing guidance […]

|By TAP Staff| The sale of residential properties in Dubai may continue to slide by one to five percent in the first half of this year, according to a report for Deloitte Financial Advisory. But the report forecasts a pickup in the second part of the year. It added that super prime malls will experience further growth in tourist numbers whilst residents will drive demand for convenience […]

|By TAP Staff| RP Global – part of RP Group of Companies, a global business conglomerate with an annual turnover of over US$4 billion – made its entry into the Dubai real estate market by breaking ground on its new multi-storey residential tower project RP Heights. RP Global will initially develop two prestigious projects in the heart of the city with a total development value of over […]

|By Alaa Alghamdi| There can be few more crucial yet intractable conundrums in the world today than the question of the root causes of terrorism. Terrorism seems to strike out of the blue, and sometimes with devastating force; dealing with its effects after the event is very far from being a tenable strategy. If there is a way to deal with terrorism it is to prevent it, […]

Drytunes is the world’s first totally waterproof (as in submersible) Bluetooth speaker that also offers 400 cubic inches of internal dry storage. Its rechargeable battery delivers 16-hours of playback & connects wirelessly to Apple iOS, Android, & Windows devices. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. […]

|By Nafeesa Syeed & Rinat Gaynullin|Saudi Arabia is burning through foreign reserves at a record pace as the largesse of the new king and regional turmoil ratchet up pressure on public finances already hurt by the oil price slump. The kingdom spent $36 billion of the central bank’s net foreign assets — about 5 percent of the total — in February and March, the biggest two-month drop […]

|By TAP Staff| Emaar Malls , the shopping malls and retail business majority-owned by global property developer Emaar Properties, records net profit of AED 433 million (US$ 118 million) during the first quarter (January to March) of 2015. This is 32 per cent higher than Q1 2014 net profit of AED 329 million (US$ 90 million). The revenue during Q1 2015 across all its mall and retail […]

The two main stock exchanges in the United Arab Emirates are trying to attract market makers but some industry professionals say Abu Dhabi is offering more generous financial terms and more liberal rules than Dubai, suggesting it may have more success. Market makers stand ready to buy and sell stocks at all times, improving liquidity on an exchange – something which may be increasingly important as Abu […]

Plunging iron ore prices are providing a lifeline for some of China’s biggest steel mills, but raising the prospect of a rising tide of exports and increased friction with the European Union and countries such as India. Even as China’s domestic steel demand shrinks and the industry battles chronic overcapacity, lower iron ore prices have helped many large mills post better earnings in 2014 than a year […]

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