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KF to pay expenses for mass wedding of 888 persons in Bahrain

  Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Humanitarian Foundation (KF) is to organise a mass wedding of 888 brides and bridegrooms in Bahrain for the 6th year in a row. The group wedding will be organised in implementation of the directives of President HH Sheikh Khalifa bin Zayed Al Nahyan and HH Sheikh Mohamed bin Zayed Al ...

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Putin, Tillerson meet as Russia bashes US foreign policy

  Bloomberg President Vladimir Putin began talks with US Secretary of State Rex Tillerson at the Kremlin after pushing back against demands that Russia abandon Syrian leader Bashar al-Assad over a chemical-weapons attack. Putin is meeting with Tillerson and Russian Foreign Minister Sergei Lavrov at the Kremlin after the two top diplomats held talks on Wednesday in Moscow, presidential spokesman ...

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Trump: Asian allies cool to preemptive N Korea strike

  Bloomberg US President Donald Trump is finding little support among his Asian allies — both publicly and behind the scenes — as he weighs a military attack on North Korea after unilaterally firing missiles on Syria. Any attack on Kim Jong Un’s regime — even a limited strike on weapons facilities — risks catastrophic blowback on some of Asia’s ...

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Central, Eastern Europe ministers meet on EU ties

  WARSAW / AP Foreign ministers from Central and Eastern Europe met on Wednesday in Warsaw to discuss the future of the European Union’s ties with its eastern neighbors and prospects for the bloc’s enlargement. The meeting brought together ministers from the EU’s so-called Visegrad Group — Poland, Hungary, The Czech Republic and Slovakia — and six other nations aspiring ...

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National Bonds registers 75% increase in regular savers

  Dubai / WAM National Bonds Corporation, the unique sharia-compliant investments company in the UAE licensed by the UAE Central Bank and owned by the Investment Corporation of Dubai, Dubai Government’s principal investment arm, on Wednesday announced that its consistent message of encouraging a savings discipline has resulted in a staggering 75% increase in its regular savers in the UAE in ...

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Siemens to set up global logistics hqrs at Expo 2020 site

  Dubai / WAM Siemens AG announced that it is to set up its global headquarters for airports, cargo and ports logistics in Dubai. The company will use the site of Expo 2020 Dubai as the future location for this business after the next World Expo ends in April 2021. The German company’s decision to locate some of its key businesses ...

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Dar Al Ber sponsors Umrah for 120 government staff

  Dubai / WAM The Low-income Families Committee of Dar Al Ber Society helped 120 eligible local government employees in the emirate of Umm Al Qaiwain to perform Umrah at its expense. The religious trip, organised in collaboration with the UAQ Council for Youth and Cooperation and 13 other government entities, is one of the12 trips sponsored by Dar Al Ber ...

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Are living standards truly stagnant?

  It may turn out that the widespread belief that most Americans’ incomes have stagnated for years is, well, false or at least overstated. Say what? No doubt, many Americans feel that, except for the rich and segments of the upper middle class, they’ve been treading water economically for years. To take a prominent piece of evidence: In 2015, the ...

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United is feeling the sway of consumers in Asia

  On Monday — Day 1 of the fiasco over United Airlines’s forcible removal of a passenger from an overbooked flight — the stock of United Continental Holdings Inc. actually rallied. Perhaps Americans were outraged by how the passenger was treated, but airlines operate in a consolidated industry where consumers don’t have much choice. Investors seemed to shrug and assume ...

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