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OPEC and allies set to extend oil supply cuts, prop up prices

DUBAI: The UAE will allow up to 100 percent foreign ownership of some companies operating in 13 sectors, including manufacturing, agriculture, and renewable energy, state news agency WAM reported on Tuesday.The UAE cabinet has approved 122 economic activities across 13 sectors eligible for up to 100% foreign ownership, WAM said. It did not say when…

Turkey to delay planned tax hikes for high earners, luxury homes
Business

Turkey to delay planned tax hikes for high earners, luxury homes

DUBAI: The UAE will allow up to 100 percent foreign ownership of some companies operating in 13 sectors, including manufacturing, agriculture, and renewable energy, state news agency WAM reported on Tuesday.The UAE cabinet has approved 122 economic activities across 13 sectors eligible for up to 100% foreign ownership, WAM said. It did not say when…

India curbs on highway for Hindu pilgrimage anger Kashmir residents
World

India curbs on highway for Hindu pilgrimage anger Kashmir residents

China’s climate ‘ambition’ pledge could lead to tougher CO2 targets: experts SHANGHAI: A new pledge by China to show “the highest possible ambition” in the fight against climate change could see the world’s biggest greenhouse gas emitter introduce new and more stringent carbon targets next year, according to experts and policy advisers.As US President Donald…

China’s climate ‘ambition’ pledge could lead to tougher CO2 targets: experts
World

China’s climate ‘ambition’ pledge could lead to tougher CO2 targets: experts

China’s climate ‘ambition’ pledge could lead to tougher CO2 targets: experts SHANGHAI: A new pledge by China to show “the highest possible ambition” in the fight against climate change could see the world’s biggest greenhouse gas emitter introduce new and more stringent carbon targets next year, according to experts and policy advisers.As US President Donald…

Duterte son mulls run for top spot in Philippine Congress
World

Duterte son mulls run for top spot in Philippine Congress

MANILA: The son of Philippine President Rodrigo Duterte said on Tuesday he might seek the speakership of the lower house of Congress, heating up a race for leadership of a legislature dominated by his father’s allies.Paolo Duterte, 44, who won a seat in May’s midterm election, proposed to share the three-year speaker term and wants…

Macron warns Tehran against further breaches
Middle East

Macron warns Tehran against further breaches

PARIS/DUBAI: France urged Iran on Tuesday to reverse its first major breach of a nuclear pact with world powers as European states signalled they would not seek to reimpose UN sanctions — for now. The UN nuclear watchdog confirmed on Monday Iran had amassed more low-enriched uranium than permitted under the 2015 deal, a move…

Son of UAE royal dies in London
Middle East

Son of UAE royal dies in London

DUBAI: Sheikh Khalid bin Sultan Al-Qasimi, the son of the ruler of Sharjah, died in London on Monday, UAE state news agency WAM reported.Sharjah Media Office confirmed in a tweet that Al-Qasimi, who was 39, had died, without giving any further details.He served on a number of governing bodies including the Sharjah Urban Planning Council,…

Iran says several suspected US spies face possible death sentences
Middle East

Iran says several suspected US spies face possible death sentences

DUBAI: Iranian prosecutors are seeking the death penalty for several suspects arrested last year for spying for the United States in military and nuclear bodies, state media reported on Tuesday, as tensions rise with Washington over Tehran’s nuclear program.Iran said in August it had arrested “tens of spies” in state bodies, many of whom were…

Abha Airport operations back to normal after early morning Houthi attack
Saudi Arabia

Abha Airport operations back to normal after early morning Houthi attack

DUBAI: Operations at Saudi Arabia’s Abha airport have returned to normal after a third Houthi attack on Tuesday, news channel Al-Arabiya has reported. Nine people were injured when the drone hit the facility at 00:35 local time, the reporter added. The eight injured Saudis and one Indian were taken to a number of hospitals, Saudi…

Award-winning Saudi medical app aiming to take world by storm
Saudi Arabia

Award-winning Saudi medical app aiming to take world by storm

JEDDAH: The founders of an award-winning Saudi app, aimed at revolutionizing the provision of care and educational services for people with special needs, are hoping to take the world by storm.Ynmo (@ynmodata), which means “to grow” in Arabic, is the first Arabic-English digital solution of its kind, allowing service providers such as schools, centers, and…

Veteran Egyptian actor Ezzat Abu Auf dies at 70
Lifestyle

Veteran Egyptian actor Ezzat Abu Auf dies at 70

Indian actress Zaira Wasim draws fire for leaving Bollywood over her Islamic faith LONDON: A Muslim actress’ decision to quit Bollywood, saying acting was taking her away from her faith, has triggered a backlash in India from fellow actors and fans.Zaira Wasim, 18, best known for her role as a wrestler in the 2016 film…

Kyoto mayor steps into #KimOhNo row over Kardashian line
Lifestyle

Kyoto mayor steps into #KimOhNo row over Kardashian line

Indian actress Zaira Wasim draws fire for leaving Bollywood over her Islamic faith LONDON: A Muslim actress’ decision to quit Bollywood, saying acting was taking her away from her faith, has triggered a backlash in India from fellow actors and fans.Zaira Wasim, 18, best known for her role as a wrestler in the 2016 film…

Dubai port operator acquires Topaz Energy for $1.1bn
Business

Dubai port operator acquires Topaz Energy for $1.1bn

DUBAI: Members of the Organization of the Petroleum Exporting Countries (OPEC) should have unity among themselves, Iran’s Oil Minister Bijan Zanganeh was quoted as saying on Monday, adding that Tehran backed cooperation with non-OPEC oil exporter states.“Without unity among members of OPEC, it is meaningless to plan cooperation between OPEC and non-OPEC countries,” Zanganeh said…

Iran oil minister calls for unity among OPEC members
Business

Iran oil minister calls for unity among OPEC members

DUBAI: Members of the Organization of the Petroleum Exporting Countries (OPEC) should have unity among themselves, Iran’s Oil Minister Bijan Zanganeh was quoted as saying on Monday, adding that Tehran backed cooperation with non-OPEC oil exporter states.“Without unity among members of OPEC, it is meaningless to plan cooperation between OPEC and non-OPEC countries,” Zanganeh said…

China promises to ease foreign access to gas, call centers
Business

China promises to ease foreign access to gas, call centers

BEIJING: China promised on Sunday to allow more foreign ownership of gas pipelines, call centers and some other businesses in the latest of a series of market-opening measures. The Communist Party has announced a series of tariff cuts and market-opening steps over the past 18 months aimed at making its state-dominated economy more productive.  The…

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