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February 1, 2017 Banking
Bloomberg Frankfurt and Dublin are emerging as the biggest winners at London’s expense as banks prepare for Brexit by planning new hubs in the European Union. Standard Chartered Plc and Barclays Plc are set to choose Ireland’s capital as their EU base for ensuring continued access to the bloc, according to people with knowledge of their contingency plans. Goldman ...
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February 1, 2017 Politics, Uncategorized
MOSUL / AP First the tiny drones buzz overhead to observe Iraqi soldiers. Then, the IS group’s flying machines return to drop a small explosive device to sow panic among security forces — or deadlier still, to help guide a suicide car bomber to a target. And the innovations are expected to keep coming since IS has been spending freely ...
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February 1, 2017 Politics
TEHRAN / AP Iran’s defense minister said on Wednesday that his country recently carried out a missile test, days after the White House said it was looking into reports of an Iranian ballistic missile launch that may have contravened a UN resolution. Gen. Hossein Dehghan was quoted by the semi-official Tasnim news agency as saying “the recent missile test ...
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February 1, 2017 Politics
CAIRO / AP An American lawyer says hundreds of Yemenis with US visas are stranded in the tiny African state of Djibouti because of President Donald Trump’s ban on entry for citizens of seven Muslim-majority countries. Lawyer Julie Goldberg told The Associated Press on Wednesday that “these are all the children, parents and the spouses of US citizens.” She ...
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February 1, 2017 Politics
LONDON / AP Britain’s House of Commons is to vote on a bill authorizing Prime Minister Theresa May to start European Union exit talks — the first major test of whether lawmakers will try to impede the government’s Brexit plans. Wednesday’s vote comes after two days of debate, in which many government and opposition lawmakers said they would respect ...
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February 1, 2017 Politics
SEOUL / AP Former UN Secretary-General Ban Ki-moon said on Wednesday that he won’t run for South Korea’s presidency, a surprise announcement that removes a key figure from the scramble to replace impeached President Park Geun-hye and further stirs the country’s already tumultuous politics. The withdrawal of Ban, who had been considered the only major conservative contender, boosts liberal ...
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February 1, 2017 Politics
DHAKA / AP Rohingya Muslims in Bangladesh are worried about a government proposal to relocate them to a low-lying island deemed not ready for people to live there. The proposal briefly posted on a government website last week said a committee including representatives of the border guards and other agencies would prepare a list of hundreds of thousands of ...
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February 1, 2017 Politics
Ukraine / AP Freezing and nerve-shattered residents of an eastern Ukraine town battered by an upsurge in fighting between troops and Russia-backed rebels flocked to a humanitarian aid center on Wednesday to receive food and warm up. Heavy shelling of government-held Avdiivka, just north of the rebel stronghold city of Donetsk, began over the weekend and persisted into early ...
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February 1, 2017 Local News, Uncategorized
Abu Dhabi / WAM The UAE’s non-oil foreign trade stood at AED1.172 trillion during the first nine months of 2016 (January-September), compared to AED1.170 trillion in the same period in 2015, showing a 0.1 percent growth. Preliminary data of the Federal Customs Authority (FCA) indicated that the share of imports in the UAE’s total non-oil trade amounted to AED721.2 billion, ...
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February 1, 2017 Local News
Dubai /Â WAM Dubai Chamber of Commerce and Industry (DCCI) honoured top performing SME exporters. The companies were recognised for demonstrating outstanding export performance during the last nine months of 2016 in the following categories: company with the highest export value, company with the highest number of export markets, company with the highest number of Certificates of Origin issued, and ...
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