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|By Saifur Rahman | Executive Editor|Emirates, the world’s largest carrier of international passengers, has raised US$47.43 billion (Dh174 billion) to finance its fleet over the last 10 years, its recently-released annual report for 2016-17 shows.  “Having raised Dh174 billion (US$47.3 billion) over the last 10 years, Emirates continues to maintain a well-diversified and evenly spread financing portfolio. Tapping into various sources of funding, both in terms of […]

|By Arabian Post Staff| Dubai Government is developing a new project development company that will manage projects by Dubai Holding and Meraas Holding, according to a media statement issued on Monday (May 29, 2017). The move is a reflection of the economic reality marked by lower oil price and lower growth outlook that is encouraging governments to consolidate their state-owned businesses to cut costs by creating synergies. It […]

|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]

|By Arabian Post Staff| Abu Dhabi Fund for Development (ADFD) dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects last year. Since inception in 1971 till end-2016, ADFD’s total development funding and investment portfolio registered AED80 billion, with the number of beneficiary countries reaching 83. Of this, concessionary loans totalled AED35 billion, while UAE government grants […]

PARIS France said on Thursday it was reviewing its position on the Libyan conflict and for the first time openly called for a united national army that included eastern militia commander Khalifa Haftar to battle Islamist militants. In the previous government, the Foreign Ministry openly supported the U.N.-backed Libyan government of Prime Minister Fayez Seraj, while the Defence Ministry worked closely with Haftar, who has waged a […]

The completion date for new passenger terminal at Dubai’s Al Maktoum International Airport (DWC) has been pushed back to 2018. Dubai Airports, the owner and operator of DWC and Dubai International Airport (DXB), said in its 2015 statement that it expected the expansion to complete in the first quarter 2017. “The expansion of Dubai World Central’s passenger terminal building from the current five million passengers per year […]

Interested in precious metals investing or storage? Contact us HERE    Posted with permission and written by John Rubino CLICK HERE FOR ORIGINAL)       By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of thousands of computers over the weekend.   The fact that the onslaught is just beginning — as the military-grade hacking tools developed by […]

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AMD has announced that it will be releasing several new Ryzen processors later this year. This year’s entries will include a series of laptop-focused chips, a high-end desktop chip called Threadripper, and a budget CPU that will be simply called Ryzen 3. Threadripper As of late, AMD has found some success by positioning itself as a more affordable alternative to the likes of Intel and Nvidia, but the Threadripper is […]

DUBAI // In an age when so many of the tales told about the Arab world are tinged with despair, there was at least one night set aside to celebrate some good. That’s what the audience wanted, and they came by the thousands to see it first hand. There to hear the inspirational stories were Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh […]

Lubna Qassim is no career diplomat, but in her varied legal and political career, she has had the privilege of walking the corridors of power in London and Dubai. These days, as well as being executive vice president and group general counsel for Emirates NBD, Qassim is a member of several corporate boards. Qassim, the eldest of four daughters, credits her business acumen to the fact that […]

Researchers pave way towards integration of 3-D holography into electronics like smart phones, computers and TVs, with development of nano-hologram 1,000 times thinner than a human hair. Source

The Trump administration is considering extending a ban on laptops in aircraft cabins to all flights to the US from anywhere in the world, in a move that would create major disruption for passengers and airlines. US homeland security officials who met European commissioners in Brussels this week said that if Washington does extend its ban on large electronic devices, Europe would not be singled out and […]

“We need to reassess every single thing we are doing as to what we can do to bring an end to this conflict,” added Mr. Beasley, a former governor of South Carolina who was appointed to lead the agency by the Trump administration in March. Continue reading the main story By making Riyadh, the Saudi capital, the first stop on his tour, observers say, Mr. Trump has […]

ATHENS Greek police fired teargas at anti-austerity protesters rallying outside parliament in Athens on Thursday, as lawmakers debated spending cuts demanded by the country’s international lenders in exchange for bailout funds. Protesters hurled petrol bombs and firecrackers at police guarding parliament. They responded with teargas. (Reporting by Lefteris Papadimas and Renee Maltezou) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var […]

According to the new order, tobacco cannot be sold within 100 meters, or about 330 feet, of schools, playgrounds or anywhere children might gather. Municipalities must also designate smoking areas that are far from these places, and away from elevators, stairwells, gas stations, health centers and wherever food is prepared. “No smoking” signs are to be posted in all public places. Continue reading the main story The […]

KUWAIT Two people were injured on Thursday when Kuwaiti coastguards confronted and foiled an attempt by an Iraqi vessel to enter Kuwaiti territorial waters, the state news agency KUNA reported. KUNA said that four armed men aboard the Iraqi craft had threatened the patrol boat with weapons as it tried to stop them entering. “The coastguards dealt with the situation appropriately and managed to seize the boat […]

When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]

KINSHASA Congolese authorities said on Thursday they had recaptured 179 fugitives who broke out of the capital’s main prison, in a mass escape that underscored growing security concerns since President Joseph Kabila refused to step down from power. Police in Kinshasa urged residents in a statement to turn in other fugitives and collaborate with authorities “to avoid the resurgence of criminality in the coming days”. Democratic Republic […]

SAN CRISTOBAL, Venezuela Mobs looted shops and fought security forces overnight in Venezuela’s restive western region, where three soldiers were being charged on Thursday with the shooting death of a man who was buying diapers for his baby, witnesses said. Six weeks of anti-government unrest have resulted in at least 44 deaths, as well as hundreds of injuries and arrests in the worst turmoil of President Nicolas […]

By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]

Orangutans prove to be exceptionally awesome moms. One proof: they nurse longer than any other mammal, sometimes into the ninth year of life. New study findings showed that previous estimates of wild orangutan mothers nursing their offspring for up to seven years may be low. The pattern could actually last up to eight or nine years, particularly when young orangutans would supplement their diet with breast milk during […]

A festival, unlike, say, a concert or exhibition, is a contained, utopian world, with a focus on a set of circumscribed pursuits. Like a highbrow summer camp for adults, festivals offer a jot of escapism, a chance to turn our attention away from some of the weightier issues of the past year. What makes them stand apart from other events is the joy of sharing the same […]

The grandiose reception seeks to convince Mr. Trump that his priorities are theirs, too, and that they are indispensable partners in fighting terrorism, in confronting Iran, in bolstering American businesses and perhaps even in pursuing peace between Israelis and Palestinians. Continue reading the main story “It is a remarkably buoyant moment for them,” said Stephen A. Seche, a former United States ambassador to Yemen and the executive […]

BRASILIA Brazilian President Michel Temer on Thursday told lawmakers that his government would not be toppled by allegations he was caught on tape trying to buy the silence of a potential witness in a sprawling graft investigation, a senator who was at the meeting said. Separately, an aide to Temer said the president planned to make an announcement about the allegations on Thursday, adding that he was […]

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