WASHINGTON: At President Donald Trump’s direction, the United States intends to scrap the preferential trade status granted to India and Turkey, officials said Monday.Washington “intends to terminate India’s and Turkey’s designations as beneficiary developing countries under the Generalized System of Preferences (GSP) program because they no longer comply with the statutory eligibility criteria,” the US…
NEW YORK: The European economy is cooling more than many investors believe, Mohamed El-Erian, chief economic adviser for Allianz SE, said on Monday, warning that the slowdown poses the biggest risk to the market.In addition, El-Erian, in an interview with Reuters, said that the European Central Bank has only limited tools at its disposal to…
JAKARTA: The Indonesian market could be a testing ground for Palestinian exports’ competitiveness following the introduction of a zero tariff policy. An agreement with Indonesia on import tariff waivers for Palestinian products came into effect in mid-February following six years of negotiations between the two countries. The initial waiver will apply to fresh and dried…
WASHINGTON: Democrats in the US Congress unleashed an unexpectedly sweeping series of demands in their investigations of President Donald Trump on Monday, seeking information about his communications with Russian President Vladimir Putin and documents from 81 sources in an obstruction probe.The heads of the House of Representatives Intelligence, Foreign Affairs and Oversight committees wrote to…
WASHINGTON: Democrats in the US Congress unleashed an unexpectedly sweeping series of demands in their investigations of President Donald Trump on Monday, seeking information about his communications with Russian President Vladimir Putin and documents from 81 sources in an obstruction probe. The heads of the House of Representatives Intelligence, Foreign Affairs and Oversight committees wrote…
MONROVIA: Five once senior figures at the Liberian Central Bank, including the son of long-serving former president Ellen Johnson Sirleaf, were charged Monday with criminal conspiracy and “economic sabotage” following a probe into a banknote printing scandal.A Monrovia court ordered former deputy governor Charles Sirleaf, ex-bank head Milton Weeks and bank official Dorbor Hagba to…
LONDON: An HIV-positive man in Britain has become the second known adult worldwide to be cleared of the AIDS virus after he received a bone marrow transplant from an HIV resistant donor, his doctors said.Almost three years after receiving bone marrow stem cells from a donor with a rare genetic mutation that resists HIV infection…
LONDON: An HIV-positive man in Britain has become the second known adult worldwide to be cleared of the AIDS virus after he received a bone marrow transplant from an HIV resistant donor, his doctors said.Almost three years after receiving bone marrow stem cells from a donor with a rare genetic mutation that resists HIV infection…
Starving Hodeidah where death stalks streets, as food for millions sits in storage DUBAI: A woman rummaging through garbage for scraps of food; a father pushing his skeletal teenage son in a wheelbarrow searching for help – a tragic snapshot of the daily scenes on Hodeidah’s streets of death.Millions of Yemenis are on the brink…
DUBAI: With Gulf countries importing almost 90 percent of the food they eat, Saudi Arabia is looking at innovative techniques to safeguard food security, ranging from the use of vertical farms to unlocking the potential of unexplored plant species.Experts who gathered in Dubai at Gulfood and in Abu Dhabi at the Milken Institute MENA Summit…
DUBAI: With Gulf countries importing almost 90 percent of the food they eat, Saudi Arabia is looking at innovative techniques to safeguard food security, ranging from the use of vertical farms to unlocking the potential of unexplored plant species.Experts who gathered in Dubai at Gulfood and in Abu Dhabi at the Milken Institute MENA Summit…
Saudi information minister hands 7th license for local company to operate cinema JEDDAH: Saudi information minister Turki Al-Shabanah handed the seventh license for operating cinemas to the local company "Next Generation", which will be known by the name “Muvi” and will be the first Saudi trademark. The step was carried out in the presence Chairman of the General…
JEDDAH: Swiss Hospitality Co. (SHC) launched the “Saudi Tourism Training and Recruitment” (STTAR) accelerator program, aimed at boosting the careers of talented young people wishing to forge a path in the hospitality industry, in partnership with the Majid Society, a nonprofit, meritocratic organization focused on empowering disadvantaged people.SHC, a Jeddah-based firm, was established in 2014…
JEDDAH: The health attache at the Saudi embassy in London, Dr. Abdulaziz bin Mohammed Al-Issa, has confirmed that an online health service platform is being developed to facilitate providing the needed services for patients receiving treatment in the UK. The new platform will facilitate providing services without the need for their review by the health…
Cold brew fans can now enjoy a new brand in the market. Captain Brew Coffee was set up and launched last autumn by Mohammed Sabbagh, a 37-year-old engineer from Saudi Arabia. “It is intended to redefine the cold brew, ready-to-drink beverages in the region,” Sabbagh told Arab News. He explained that the concept emerged in…
DUBAI: A meeting of “genre-shattering” musicians is set to take place at the New York University of Abu Dhabi’s Barzakh Festival this weekend — and if you’re ready to push the boundaries of your taste in music, this is the spot to be. The Arts Center, a complex of theaters and performance venues within the…
Al-Hilal coach Zoran Mamic cannot wait to face old club Al-Ain in AFC Champions League opener LONDON: New Al-Hilal coach Zoran Mamic cannot wait to face his old club Al-Ain when the two Arab giants face each other in the AFC Champions League on Tuesday.The Croatian replaced Jorge Jesus as coach of Al-Hilal last month,…
Al-Ain told to show ‘fight’ against Saudi giants Al-Hilal in AFC Champions League opener LONDON: Juan Carlos Garrido has called on Al-Ain to show some fighting spirit when they face Al-Hilal in the AFC Champions League on Tuesday.The UAE club face the Saudi Arabian giants at home in their Group C opener knowing how important…
Al-Ain told to show ‘fight’ against Saudi giants Al-Hilal in AFC Champions League opener LONDON: Juan Carlos Garrido has called on Al-Ain to show some fighting spirit when they face Al-Hilal in the AFC Champions League on Tuesday.The UAE club face the Saudi Arabian giants at home in their Group C opener knowing how important…
Go make Champions League history against Tottenham, Marco Reus tells Borussia Dortmund teammates DORTMUND: Marco Reus has called on Borussia Dortmund to write history on Tuesday as the Bundesliga leaders attempt to turn around their Champions League tie at home to Tottenham Hotspur.After losing 3-0 to Spurs at Wembley in the first leg of the…
