Sunday 26 June 2016

0

AT LEAST 15 DEAD
Somali Islamist militants attack Mogadishu hotel

Somalia's al Shabaab Islamist group launched a suicide bomb attack on a hotel in the centre of Mogadishu on Saturday before fighters stormed inside, police and the militant group said.

more…

1

MOST ASSETS IN DOLLARS
Saudi, UAE see no big financial impact from Brexit

Major Gulf economies Saudi Arabia and the UAE said on Saturday that they did not anticipate their financial institutions to be greatly affected as a result of Britain's vote to exit the European Union.

more…

2

PATRIOT MISSILE UPGRADATION
Raytheon wins $523m Kuwait defence contract

Raytheon Company, a US-based technology and innovation leader, has won a $523 million contract from the US Army for the upgradation of Kuwait's Patriot Air and Missile Defence Systems.

more…

3

OPINION
Could Brexit vote be a preview of US presidential race?

Britain's stunning vote to leave the EU, buoyed by a frenzy of nationalism and populist anger, was a crushing rejection of the political elite. Republican Donald Trump hopes it is also a preview of November's US presidential election.

more…

4

ANALYSIS
Brexit baffled punters, fund managers to the very end

Nearly everyone, from London gamblers to US money managers got it wrong. Britain's vote to leave the European Union shocked pundits, investors and politicians alike, underscoring the inherent difficulty of forecasting such rare events.

more…

5

IMAGE OF THE DAY
Bloom time for Rose princess

Current rose princess Luisa Stoltz, aged 19, stands within a sea of blosooms during the 41st mountain and rose festival held at the Europe Rosarium in Sangerhausen, Germany, on June 25.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

UAE firm sees solid 'green' solar panel tech growth

Emirates Insolaire, a pioneer in the development of new solar technologies based in the UAE, said it is expecting strong growth for its sustainable, energy-efficient coloured solar panel technology across the globe.

More…
Retail & Wholesale

Lulu opens new hypermarket in Malaysia

UAE-based retail major Lulu Group has opened its first hypermarket in Kuala Lumpur, Malaysia, as part of its plans to further consolidate its retail presence in the Far Eastern region.

More…
Finance & Capital Market

Saudi, UAE see no big financial impact from Brexit

Major Gulf economies Saudi Arabia and the UAE said on Saturday that they did not anticipate their financial institutions to be greatly affected as a result of Britain's vote to exit the European Union.

More…
Analysis, Interviews, Opinions

Post Brexit, UK torn between nationalism and global leadership

On poll day, roughly 75 per cent of over-65s voted exit while a similar number of under-25s voted to stay in Europe. If younger Brits bear the burden of the future, the older carry the burden of what they remember as a better past.

More…
Industry, Logistics & Shipping

Raytheon wins $523m Kuwait defence contract

Raytheon Company, a US-based technology and innovation leader, has won a $523 million contract from the US Army for the upgradation of Kuwait's Patriot Air and Missile Defence Systems.

More…
Travel, Tourism & Hospitality

ME hotel revenues down in May, Africa results mixed

The hotels in the Middle East region reported negative results in May with a 4.7 per cent drop in average daily rate (ADR) and its revenue per available room (RevPAR) falling 4.6 per cent compared to last year, according to a report.

More…
IT & Telecommunications

Cisco inks key Saudi partnership deal

Cisco, a global technology leader, has signed a MoU with the Saudi Ministry of Commerce and Investment that sets a roadmap for an accelerated pace of digital transformation in the kingdom.

More…
Lifestyle

House of Fraser celebrates Ramadan

House of Fraser, a leading premium department store from the UK, recently celebrated Ramadan at its UAE branch in Abu Dhabi's Yas Mall. The festivities included a fashion show featuring local and international designers.

More…
Motoring

Asian car makers fret over Brexit uncertainty

Executives at Asian automakers with factories in Britain, largely set up to export to the European Union, say they could slow investments in Britain or pause them for now, after the country voted to leave the 28-nation bloc.

More…
Health & Environment

Bee’ah rolls out wi-fi bins in Sharjah

Bee’ah, a leading integrated environmental and waste management company, has installed wi-fi supported, solar-powered bins in the Heart of Sharjah, UAE in partnerships with telecom provider Du and investment firm Shurooq.

More…
Media & Promotion

Google, Facebook launch 'quiet war' against terrorism

Some of the web's biggest destinations for watching videos - YouTube and Facebook - have quietly started using automation to remove extremist content from their sites, according to two people familiar with the process.

More…
Education, HR & Training

Investcorp launches innovation contest for students

Investcorp, a global provider and manager of alternative investment products, has launched a new competition that aims to stimulate innovative thinking amongst students across Bahrain.

More…
Miscellaneous

Bahrain set for debut chocolate & coffee show

There has been an overwhelming response from the chocolate and coffee manufacturers and dealers in the Middle East region for a first-of-its-kind industry event to be held in Bahrain this September.

More…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Ads

DHgate.com