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October 27, 2016 Politics
Afghanistan /Â AFP US drone strikes targeted two top Al-Qaeda leaders in Afghanistan, American officials said, calling it the most significant attack against the militant group in the country in several years. The strikes on Sunday in Kunar province targeted Farouq al-Qahtani, Al-Qaeda’s emir for northeastern Afghanistan, and his deputy Bilal al-Utabi. Multiple Hellfire missiles “levelled” two different compounds in ...
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October 27, 2016 Politics
Mogadishu / AFP A breakaway group of around 50 Somali militants who declared loyalty to the IS extremists abandoned a small port town on Thursday a day after occupying it, residents and an official said. “The militants left town early this morning but they are not far away,” said Abdiweli Adan, an elder in a town close to Qandala ...
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October 27, 2016 Politics
New Delhi /Â AFP India announced on Thursday it was expelling a Pakistani visa official for suspected spying after he was briefly detained carrying sensitive defence documents, with tensions between the nuclear-armed neighbours already running high. New Delhi police said the official had been recruiting Indian nationals for two and a half years to spy for Pakistan’s powerful Inter-Services Intelligence ...
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October 27, 2016 Politics
Brussels /Â AFP The European Union begun training the Libyan coast guard as part of efforts to curb the growing influx of irregular migrants from North Africa, EU foreign affairs head Federica Mogherini said on Thursday. “Today we are starting the training of the Libyan coast guard in Operation Sophia which is a very important step,” Mogherini said as she ...
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October 27, 2016 Stocks
London / AFP The British pound rallied briefly on Thursday on brighter-than-expected economic growth data, while European stock markets sagged amid a dearth of eurozone news. Sterling bounced after official data showed that Britain’s economy grew by a better-than-expected 0.5 percent in the three months following the country’s refere- ndum in favour of exiting the European Union. The currency ...
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October 27, 2016 Gulf Stocks
DUBAI / Reuters Banking shares that had been beaten down earlier this month by fears of slowing global economic growth headed for a seventh day of gains on Thursday, boosting Gulf stock markets despite weakness in Asian bourses and oil prices. The Saudi bank sector has been strong since last week’s big international bond sale by the government partially eased ...
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October 27, 2016 Stocks
New York / AFP US stocks were flat early on Thursday despite mostly solid earnings reports, including from Tesla Motors and Twitter, as well as Qualcomm’s $47 billion takeover of Dutch rival NXP Semiconductors. Tesla jumped 5.4 percent after it announced a surprise third quarter profit of $22 million as it touted new product launches and store openings. Twitter ...
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October 27, 2016 Features
EMIRATES BUSINESS BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, recently announced the latest in its series of most secure Android smartphones, DTEK60. As part of BlackBerry’s transition towards a device software licensing strategy – which allows it to focus on putting “the smart in the phone†— the DTEK60’s hardware ...
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October 27, 2016 Features
Emirates Business The new shine collection by Swiss watchmaker RAYMOND WEIL is dressing up in different colours. Feminine, elegant and sensual, this model is the perfect timepiece to complement the demands of a modern lifestyle thanks to its unique patented system enabling the strap to be changed in seconds to match the colour of any outfit. The shine ladies ...
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October 26, 2016 Local News
ABU DHABI / WAM Abu Dhabi’s non-oil foreign trade through various customs ports was AED84.349 billion, registering an increase of AED59 million compared to the same period last year, according to the General Administration of Customs Abu Dhabi. The value of imports reached AED57.363 billion and exports reached AED17.305 billion, representing a 2.9 percent increase compared to the same ...
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