Bloomberg Billionaire investor Bill Gates and Saudi Prince Alwaleed bin Talal Al Saud are seeking to sell Toronto’s landmark Four Seasons hotel for almost C$1 million ($780,000) a room in what would be the highest price for a hotel in Canada, according to people familiar with the matter. Kingdom Holding Co., owned by the Saudi prince, and Cascade Investment, ...
Read More »Blog Layout
Durham had first building named to honour Ali
DURHAM /Tribune News Service A few weeks before Christmas in 1977 and nearly a year before he would go on to lose his heavyweight title to Leon Spinks, Durham got an early Christmas present when Muhammad Ali came to town to help dedicate a new junior college gymnasium named in his honor. Located off Fayetteville Street near the intersection ...
Read More »Saudi diversification plan finalised
Jeddah / AFP Saudi officials have finalised a detailed plan to diversify the kingdom’s economy away from oil and have sent it for cabinet approval, official media said on Monday. The National Transformation Programme (NTP) will elaborate upon Vision 2030, an 84-page document released in April by Deputy Crown Prince Mohammed bin Salman, 30, who is leading the reform charge. ...
Read More »UK trade unions urge 6mn members to stay in EU
London / AFP British trade unions representing six million workers on Monday urged their members to vote to stay in the European Union, warning that a Brexit would threaten workers’ rights. The general secretaries of Unite, Unison and the GMB were among 10 union leaders who wrote a letter to the Guardian newspaper claiming that parental leave and holiday ...
Read More »Mohamed exchanges Ramadan greetings with Qatari Emir
ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, exchanged greetings with the Qatari Emir, Sheikh Tamim bin Hamad Al-Thani, on the occasion of the Holy Month of Ramadan. During a telephone call, His Highness Sheikh Mohamed bin Zayed Al Nahyan and ...
Read More »L&T bags ‘World Cup’ projects
BLOOMBERG Indian engineering and construction giant, Larsen & Toubro, won the country’s first contract to build a venue for the 2022 World Cup in Qatar. Along with local contractor, Al Balagh, Larsen & Toubro (L&T) will build Al-Rayyan Stadium, a 40,000-seater venue to the west of the capital Doha, Qatar’s Supreme Committee for Delivery and Legacy announced. Jens Huckfeldt, ...
Read More »RTA launches Ramadan events
DUBAI / WAM The Roads and Transport Authority (RTA), is launching a series of Ramadan events as part its social responsibility and keenness to cement communication links as well as the sense of compassion between all community members. “RTA is keen to hold several prominent events marking the advent of the Holy Month of Ramadan in a bid to ...
Read More »Dubai ranked fourth top global retail destinations
DUBAI / WAM Dubai has been ranked fourth among the top cities worldwide for retailing with other Gulf markets are also making their mark on the global shopping map, according to JLL’s Destination Retail report. While the list is dominated by cities in Asia Pacific, those in the Middle East are coming on strong, propelled by an ever-increasing array ...
Read More »DEWA offers innovative services to customers
Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of the Dubai Electricity and Water Authority (DEWA), said that the authority provides world-class government services and adopts the best international practices to make people as happy as possible to support the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...
Read More »Clinton poised for primary history, but Trump awaits
Los Angeles /Â AFP Hillary Clinton stands poised to claim the Democratic mantle with Tuesday’s primaries including California, overwhelming her rival Bernie Sanders and setting up a historic US presidential election showdown with Republican Donald Trump. The frontrunner is all but assured of locking in her party’s nomination, a monumental step towards fulfilling a dream of returning to the White ...
Read More »