President Donald Trump of America has doubles down on the much anticipated military response earlier expected. He instead decided on more pressing sanctions. This is seen as a move to quell rising tension on the international scene which has the potential to ignite a full blown war. He however restated his resolve that Iran will[...]
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An $80million bounty has been placed on Donald Trump's head in the wake of General Qasem Soleimani's assasination, according to reports. During the televised funeral of the top Iranian, official state broadcasters said one US dollar would be tabled for every Iranian in the country, with the cash going to whoever killed the US President.[...]
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Iraq’s parliament is to vote on Sunday whether to expel all American troops from the country, in the wake of the US killing of a prominent Iranian military commander in Baghdad. On Friday, the US conducted a strike against a vehicle convoy in Baghdad and the Pentagon confirmed the death of Qasem Soleimani, Commander of[...]
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President Donald Trump has continued to blow hot on the Iranian authorities. This is following the drone strike that killed the Iranian too Military General who was accused of sponsoring terrorist attacks across the Middle East and the IS Embassy in Iran. Read his latest tweet.
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President Trump dismissed John Bolton, his national security adviser, after a contentious debate about Afghan peace talks became the latest of many disputes over foreign policy that exposed differences so severe that the two men couldn’t even agree on how the ouster happened. “I informed John Bolton last night that his services are no longer needed at[...]
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Optivo, one of the largest social housing providers in the UK, has secured a revolving credit facility worth £50 million ($60.6 million) from the UAE's largest bank. The three-year deal with the UK unit of First Abu Dhabi Bank is part of a £200 million financial boost for Optivo as it looks to build 4,850[...]
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Affirma Capital, the private equity spin-off of Standard Chartered, plans to complete at least one acquisition in the Middle East and Africa over the next year. The Singapore-based emerging markets group is targeting deals between $25 million and $100 million in the region where consumer spending is on the rise, according to Taimoor Labib, Affirma’s[...]
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Iran warned Britain's next prime minister Boris Johnson on Tuesday that it will "protect" waters of the oil-rich Gulf, amid a standoff between the two countries over the seizure of tankers. In the face of rising hostilities with the United States, Iran's Islamic Revolutionary Guard Corps on Friday impounded a tanker sailing under the flag[...]
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Research from recruitment firm Robert Walters found that 90% of employers recognise the need for candidates to fit within a company's culture. Nearly three quarters – or 73 percent – of professionals in the Middle East have left a job because they disliked the company’s culture, according to new research from recruitment firm Robert Walters.[...]
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There are indications that Qatar Airways is willing to offer aircraft and funds as core investor in the planned national carrier by the federal government of Nigeria. THISDAY learnt that the federal government might be inclined to partnering with the Middle East carrier on the project. Qatar Airways Company Q.C.S.C., operating as Qatar Airways, is[...]
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The Middle East and Africa have seen many changes in terms of digital transformation, but there’s still “huge upside,” and financial technology firms are looking for opportunities there, according to a financial services regulator in the region. “Compared to a few years ago, now, we have a very vibrant marketplace,” said Richard Teng, chief executive[...]
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Mohamed Morsi has been buried in Cairo in a small ceremony attended by his family a day after he collapsed and died in court Morsi, Egypt's first democratically elected president after Hosni Mubarak was ousted in the Arab Spring, was buried in Medinat Nasr, in eastern Cairo, early Tuesday. The Muslim Brotherood leader, 67, had been[...]
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The U.S. is to send 1,000 more troops to the Middle East amid mounting tensions with Iran late Monday - as the Pentagon released new photos that officials say show the country's Revolutionary Guard were responsible for attacks last week on two oil tankers near the Persian Gulf. Donald Trump's acting defense secretary Patrick Shanahan said[...]
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US President, Donald Trump has ordered new sanctions against Iran on Wednesday hours after Tehran said it was relaxing some restrictions on its nuclear programme. In an apparent disregard to the historic deal between the United States and Iran bothering on nuclear proficiency, the US has responded swiftly. The sanctions requested by the US president[...]
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A Dubai app which rewards young users with shopping discounts and the chance of university scholarships is aiming to break-even by the end of the year, according to a spokesperson for the company. Lock&Stock, which was launched in September 2017, is a free mobile application which rewards students for not using their phones while in[...]
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The United States is deploying a carrier strike group and a bomber task force to the Middle East to send a clear message to Iran that any attack on U.S. interests or its allies will be met with “unrelenting force,” U.S. national security advisor John Bolton said on Sunday. Amid rising tensions between the United[...]
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Slowing global growth and elevated tensions in trade and geopolitics are posing economic challenges for countries in the Middle East, according to the International Monetary Fund’s latest report. “Global developments are affecting the outlook for this year, namely the slowdown in growth especially on trade, the volatility in the oil price, as well as also the global financing[...]
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Saudi Arabia executed 37 of its citizens on Tuesday after they were convicted of 'terrorism' in the kingdom. The sentences were carried out in Riyadh, the Muslim holy cities of Mecca and Medina, central Qassim province and Eastern Province, home to the country's Shiite minority. Saudi authorities said that one person was crucified after his execution,[...]
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The Saudi capital of Riyadh will host the 15th annual G20 Leaders’ Summit later this year, the state-run Saudi Press Agency announced on Wednesday. The event is scheduled to take place on November 21 and 22. “Saudi Arabia is fully committed to the G20’s objectives and to the stability and prosperity of the international economic[...]
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London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter. Authorities are aiming for the bank to settle on Tuesday[...]
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Hollywood actor and director, George Clooney, has called on the public to boycott nine hotels owned by the Sultan of Brunei following the nation's cruel anti-gay laws that would see any Muslims engaging in adultery and gay sex, stoned to death. On Wednesday, it was revealed that that homosexuality will now become a capital offense in the nation of[...]
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With Israeli Prime Minister Benjamin Netanyahu standing by his side, President Trump on Monday signed a proclamation officially recognizing the contested Golan Heights region as part of Israel – marking another unprecedented move by Trump in strengthening U.S.-Israeli relations. “This was a long time in the making and it should have taken place many years[...]
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Pope Francis held a historic public mass for an estimated 170,000 Catholics at an Abu Dhabi stadium on Tuesday on the first ever papal visit to the Gulf region. The pope waved at an enthusiastic crowd carrying Vatican flags and banners as he drove into Zayed Sports City Stadium, where an altar with a large[...]
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Pope Francis will soon visit the UAE, and over 100,000 communicants are expected to attend his Holy Mass in Abu Dhabi on 5th February. Over one million Christians (about one-ninth of the current UAE population) live and work in our country. While many different Christian faiths worship in churches throughout the UAE, most of the[...]
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Bahrain plans to construct the world’s largest underwater theme park with a submerged Boeing 747 as its centrepiece, it was announced on Saturday. According to the state-run Bahrain News Agency, the underwater theme park will eventually cover a total area of 100,000 square metres. The eco-friendly project, which was announced by Bahrain’s President of the[...]
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