UAE residents urged to avoid wearing valuable items that attract attention in public places in UK capital
Author Archives: Staff Writer
Driverless vehicles get test drive in Dubai Silicon Oasis
New 5G technology to be expanded in transport, health and education
Trump’s ‘racist’ tweets against four Congresswomen were ‘un-American’ – Scaramucci
Italian-American former White House staffer said it was the final straw that turned him against Trump
Dubai Airports prepares for single-use plastics ban
McDonalds, Costa Coffee and Starbucks all committed to providing sustainable alternatives
Five dead in New Zealand volcano eruption
Prime Minister Jacinda Ardern confirmed some of those caught up in the disaster were foreigners
Dubai Municipality honours cleaner for honesty
Averda worker found wallet in Al Barsha and immediately returned it to the owner
FBI says Florida military training base shooting ‘an act of terrorism’
Crown Prince Mohammad bin Salman called the US president on Sunday to express his condolences
Saudi Arabia signs deal with World Snooker to host major event for first time
Saudi Arabia Snooker Masters will be held in Riyadh from October 4-10 with total prize money of $3.29 million as part of the 2020-21 World Snooker Tour calendar
Saudi Arabia drops gender rules for restaurant entrances
The Ministry of Municipal and Rural Affairs did not say whether seating inside the restaurants would be gender-mixed
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Bahrain clinch first ever Gulf Cup with win over Saudi Arabia
Bahrain’s victory saw King Hamad bin Isa Al-Khalifa declare Monday a holiday in the kingdom in recognition of the historic achievement
Saudi Arabia’s Haramain High Speed Rail to resume services on Wednesday
King Abdulaziz Airport station to serve Jeddah residents and visitors until the refurbishment of the main station in Al-Sulaimaniyah District is completed
Oil near 12-week high after Saudis surprise with output curbs
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman sent prices soaring on Friday with the promise to take the kingdom’s production down to levels not seen on a sustained basis since 2014
SoftBank’s new tech fund said to fall short of target
The second Vision Fund is expected to fall significantly short of the $108 billion originally planned
Saudi Aramco’s stock will have plenty of support when trading begins
From bonus shares to a fat dividend, there’s a lot to underpin Saudi Aramco’s price, at least initially.
Inflation pushes India central bank to keep rates on hold
News will deal a blow to Prime Minister Narendra Modi, who is coming under pressure seven months into his second term to tackle unemployment – now sitting at a four-decade high
Consultations to choose new PM in protest-hit Lebanon delayed
The postponement comes after Sunni Muslim leaders reached a consensus to back ex-premier Saad Hariri returning to office
Impact of UK polls to be ‘felt for decades’, says British PM Boris Johnson
Pollsters believe that Johnson needs to be more than six points clear of Labour on Thursday to secure a majority
Saudi stocks little changed as investors focus on Aramco’s IPO
Investors should expect ‘a very volatile market today and in the upcoming days’
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Donald Trump
‘You’ve got real credible evidence that this guy is a criminal’ – Scaramucci on Trump
Ahead of his hosting of a major business event in the UAE, former White House communications director Anthony Scaramucci explains why he has flipped from being a staunch Donald Trump supporter to a vocal opponent and why he believes his former boss is a real danger to modern democracy
Gold-to-oil ratio may half in 2020, says Saxo Bank in ‘outrageous’ prediction
Gold fizzling and oil prices rising would be beneficial to Gulf economies, according to Saxo Bank chief economist Steen Jakobsen
India expects boost in foreign tourist arrivals in the Christmas-New Year season
Tour operators say impact on tourist arrivals from UAE to India after the decision to grant visa on arrival to its citizens will be known only after July-August, the holiday season in the Gulf
Family-owned companies more likely than VCs, equity funds to invest in social impact, says Nabta Health CEO
The Middle East will see an increase of family-led investment into social impact, according to Sophie Smith, co-founder and CEO of Dubai-based hybrid healthcare company Nabta Health
Babyteeth
‘Valley of Souls’ triumphs at Marrakesh film festival
Toby Wallace won Best Actor for his role in the Australian comedy ‘Babyteeth’, directed by Shannon Murphy.
Over 800,000 people passed through Dubai over holiday weekend
Dubai International Airports alone received 334,241 passengers in just five days
Saudi Aramco’s $2trn valuation imminent, say experts
Saudi officials and industry experts believe that Saudi Aramco will pass the $2 trillion mark within months or even days of the start of its shares trading on December 11
Ferrari ‘very worried’ that younger generation are less interested in driving cars
Millennials are less intrigued by cars but still interested in emotional experiences such as driving a Ferrari on track, according to Enrico Galliera
Wamda invests in UAE-based fintech outfit FlexxPay
Financial matters rank top of the list for employees when it comes to primary sources of stress, according to latest PwC report
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Renaissance man: Riyad Bank’s Tariq Al-Sadhan
Riyad Bank’s new CEO, Tariq Al-Sadhan, is tasked with taking the company into a digital future ahead of Vision 2030. It’s no small feat
Burj al Arab ‘one of the most profitable hotels’ in the world – Jumeirah CEO
Iconic sail-shaped hotel celebrated 20 years since its official opening on December 1, 1999
Anthony Scaramucci for president?
They both talk in superlatives and refer to themselves in the third person. Can former White House Communications Director Anthony Scaramucci take on his ex-boss turned arch nemesis Donald Trump?
Banks set to benefit from Saudi economic rebound in 2020 – S&P
S&P Global Ratings says geopolitical risk, oil price fall are possible challenges facing Saudi banks next year
UAE’s Azizi says Palm Jumeirah residential project set for early 2020 completion
Azizi Developments has announced that construction of Mina, a 178-unit project, is now 85% complete
Service planned to celebrate life of Dubai Eye Business Breakfast host Malcolm Taylor
Service to be held on Wednesday morning in Holy Trinity Church Oud Metha
UAE schools preparing for four-week winter holiday
Ministry of Education schools will be off from December 15 through to January 12
Will Saudi Aramco’s world-beating IPO help overhaul the kingdom’s economy?
First floated by Crown Prince Mohammed bin Salman in 2016 with an ambition to raise as much as $100 billion, the share sale was touted as part of a blueprint for life after oil
Etihad Aviation Training agrees three-year university deal to train future pilots
Study will be conducted by College of Engineering at Khalifa University and Emirates College for Advanced Education
At least 43 killed in Delhi factory fire
A senior Delhi police official said eight or nine people were carried out later, bringing the overall number rescued to at least 58
Omani student stabbed to death in London
Muhammad Bin Abdullah bin Ali Al-Araimi was attacked by muggers who demanded his Rolex watch
More rain expected to hit UAE in coming days
Storms lashed the region overnight causing flooding in parts of Northern Emirates
Tag Heuer eyes growth in increasingly attractive Saudi watch market
Tag Heuer CEO Stephane Bianchi said that the company sees no threat to ‘traditional’ watch sales from the rising popularity of smart watches
Low-income Emirati families to have housing loans waived
Sheikh Mohammed bin Rashid Al Maktoum made the order, which applies to families whose monthly income falls below AED15,000
UAE’s MBRSC launches search for second astronaut
UAE Nationals are invited to follow in the footsteps of Hazza Al Mansoori, the first Emirati astronaut
Saudi Aramco shares to start trading December 11
Saudi Aramcoc ould exercise a ‘greenshoe’ option, selling additional shares to bring the total raised up to $29.4 billion
India’s IL&FS set to sell stake in its oil storage venture at Fujairah
IL&FS subsidiary, IL&FS Maritime Infrastructure Company Limited holds close to 81 percent and PTF holds the remaining 19 percent stake in IPTF
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Joshua tightlipped on future after reclaiming world titles
In the short term, Anthony Joshua faces mandatory title defenses against IBF challenger Kubrat Pulev and WBO contender Oleksandr Usyk
All eyes on US-China trade negotiations as oil price hangs in balance
Just a week to go before US President Donald Trump decides whether to put further tariffs on Chinese goods
Anthony Joshua reclaims world heavyweight titles in Saudi Arabia
Dominating from the outset, Joshua won by margins of 118-110 on two scorecards with the third judge making it 119-109
South Africa claim Emirates Airline Dubai Rugby Sevens title
Blitzbokke win Dubai title for seventh time with victory over New Zealand in the final
Lebanon sells most expensive Starbucks coffee in Middle East
Hot tall latte costs $4.31 compared to $3.73 in Saudi Arabia
Saudi distances itself from US naval base shooter
Florida Governor Ron DeSantis had suggested Riyadh should offer compensation to the victims of Friday’s attack
Ericsson pays over $1bn to settle US corruption probe
Long-running investigation involved payoffs in Asia and the Middle East
Axiory Global opens Middle East base in Dubai
Online brokerage service will operate out of premises in Business Bay
cartoon
‘Laugh at what’s hurting you’: Lebanon cartoonists stir debate
In public spaces, posters are stuck up poking fun at ailing electricity and trash management plans, as well as sketches mocking a political class perceived as corrupt
Sultan Qaboos of Oman to have medical check-up in Belguim
Sultan Qaboos underwent lengthy treatment in Germany in March 2015.