INTERVIEW: Climate is an emergency situation and we need to act fast, says State Street top exec Nathalie Wallace In a world where climate change is the subject of intense debate, often as much political as scientific, Nathalie Wallace is determinedly among the convinced.“We think that climate risk can have a long-term impact on asset…
BAGHDAD: Iraq’s federal authorities and the cash-strapped Kurdish regional government (KRG) have relaunched talks over longstanding oil and budget disputes, but observers are skeptical they will reach a genuine diplomatic reset.Here are a few questions and answers to clarify the complex issue.Ties between Baghdad and Irbil have long been strained, amid federal fears the energy-rich…
SRINAGAR: Tensions in Indian-administered Kashmir rose Sunday over the weekend deployment of at least 10,000 paramilitary troops to the troubled region despite authorities’ assertions the move was routine.India maintains a deployment of 500,000 soldiers in the Muslim-majority Himalayan region, which has been divided between the South Asian nation and Pakistan since their split in 1947.The…
PAHALGAM, India: India is hailing a Hindu pilgrimage to a holy cave high in the snow-capped mountains of contested Kashmir as an example of communal harmony, in a region where the Muslim-majority population is overwhelmingly hostile to its rule.India and arch-rival Pakistan have fought two wars over Kashmir, and came close to a third in…
WASHINGTON: US President Donald Trump was hit with new accusations of racism Saturday after he attacked a prominent African-American lawmaker and branded the majority black city of Baltimore an “infested mess.”Trump’s outburst came in a series of sharply worded tweets aimed at Democratic Representative Elijah Cummings — a high-profile critic of Trump’s administration whose district…
TEHRAN: Iran on Sunday slammed as “provocative” a British proposal for a European-led naval mission to escort tankers in the Gulf, amid soaring tensions over the seizure of ships.“We heard that they intend to send a European fleet to the Arabian Gulf which naturally carries a hostile message, is provocative and will increase tensions,” government…
DUBAI: Yemen’s army announced their advances in Taiz and the Houthi stronghold of Saada, after defeating the Iranian-backed militia. The army made gains on several mountains in Taiz - Yemen’s third largest city – against the Houthi militia sieged parts of the city since 2015. A military source told Yemen’s national military website “September Net,”…
DUBAI: The UAE announced on Saturday a $50 million donation to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), a relief and human development agency supporting the Palestinian people. The donation will be used to provide health services to Palestinian refugees, and to implement educational programs for the…
JEDDAH: The excitement of the reopening of cinemas in the Kingdom has been casting a spell over the people of all ages, making the cinema industry an extremely popular field to invest in. The General Commission for Audiovisual Media (GCAM) has called on investors wishing to establish or operate cinemas in small- and medium-sized cities to…
JEDDAH: The excitement of the reopening of cinemas in the Kingdom has been casting a spell over the people of all ages, making the cinema industry an extremely popular field to invest in. The General Commission for Audiovisual Media (GCAM) has called on investors wishing to establish or operate cinemas in small- and medium-sized cities to…
RIYADH: A delegation from the Saudi Arabian Scout Association participated in the opening ceremony of the 24th World Scout Jamboree, held at the campground in Summit Bechtel Reserve, Virginia, US. “The number of participants exceeded 40,000 from 170 national organizations, committees and associations around the world,” said the chairman of the International Scout Committee (ISC), Craig…
I grew up in a family of academics and scientists. My father and mother are university professors in hydrology and analytical chemistry respectively, and my siblings all come from scientific backgrounds. I was the odd one out with my passion for culture, society and art, and ended up studying economics and political science. While I…
DUBAI: “Music is all about energy and coming into contact with another artist’s vibe can only make you evolve,” says Swerte, one third of hip-hop trio The Recipe. “It’s great to have control and do things on your own, but if you’re ever stuck and need a jolt to get you going, working with another artist…
DUBAI: US-Iraqi makeup mogul Huda Kattan has topped the beauty section of 2019’s Instagram Rich List, it was revealed late last week. Edging out James Charles, Jefree Star, Nikki de Jager and Zoe Sugg — who, with Kattan, form the top 5 on the list — the Dubai-based influencer came in at the number one…
GWANGJU, South Korea: Simone Manuel wasn’t swimming up to her standards, and she felt her relay anchor leg that resulted in a silver medal for the US proved it.Then she remembered it’s about bouncing back.Manuel did just that in the 100 freestyle, winning her second straight title at the world championships on Friday.Relegated to Lane…
GWANGJU, South Korea: Simone Manuel wasn’t swimming up to her standards, and she felt her relay anchor leg that resulted in a silver medal for the US proved it.Then she remembered it’s about bouncing back.Manuel did just that in the 100 freestyle, winning her second straight title at the world championships on Friday.Relegated to Lane…
LONDON: England captain Joe Root defended his side’s batsmen ahead of the Ashes after Chris Woakes and Stuart Broad spared their blushes by skittling Ireland out for just 38 to complete a crushing Test match win at Lord’s.The hosts had been bowled out for 85 in their first innings on Wednesday but, with nightwatchman Jack…
DUBAI: SoftBank Group, the Japanese conglomerate run by entrepreneur Masayoshi Son, has officially announced the launch of Vision Fund 2 (VF2), an investment mega-fund aimed at the fast-growing global sectors of high technology and artificial intelligence. As revealed exclusively in Arab News earlier this week, VF2 will be bigger than the $97 billion raised in…
LONDON: Struggling British baby products retailer Mothercare said its annual underlying pretax profit would not grow, as it grapples with an uncertain and volatile home market along with fragile consumer confidence. Mothercare, which floated in 1972 and has been a mainstay of British shopping streets, has closed a third of its British stores over the…
DUBAI: Somewhere on its journey from the waters off Iran, around Africa’s southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own. The ship, carrying 2 million barrels of Iranian crude, was seized…
