Dylan finally to receive Nobel in Stockholm
Author: AFPThu, 2017-03-30 03:00ID: 1490818498299196700STOCKHOLM: Music icon Bob Dylan will finally receive his Nobel Literature Prize this weekend at a meeting with the Swedish Academy in Stockholm, it announced Wednesday.But no media will be allowed to cover the meeting, and the famously-reclusive Dylan will only give a lecture required of him in a taped version at a […]
Lebanese star Mory Hatem auditions for Disney’s Aladdin
Author: ARAB NEWSThu, 2017-03-30 03:00ID: 1490818498379197300JEDDAH: Disney has contacted “The Voice Arabia” star Mory Hatem to audition for the role of Aladdin for British director Guy Ritchie’s upcoming live-action film set for release in 2018. Hatem, a Lebanese singer, expressed his delight in being invited for the auditions. He told Bitajarod that he has begun rehearsing for […]
Samsung Galaxy S8: 5 new features to look out for
Author: Arab NewsThu, 2017-03-30 13:59ID: 1490861067424041200 DUBAI: On Wednesday, Samsung unveiled its new Galaxy S8 smartphones which incorporate a host of new features as the market leader seeks to rebound from a chaotic handset recall and a corruption scandal. The South Korean giant’s mobile chief DJ Koh told a New York event the Galaxy S8 and S8+ […]
Lloyd’s of London to open Brussels office due to Brexit
Author: AFPThu, 2017-03-30 09:26ID: 1490856408823842200 LONDON: Lloyd’s of London will open a Brussels office in early 2019 due to Brexit, the insurance market said Thursday, one day after the UK government triggered the nation’s EU divorce. “Following the United Kingdom’s decision to leave the European Union, a subsidiary office will be opened in Brussels with the intention […]
Where should bankers bank on moving after Brexit? The top 10 European cities to relocate to
Author: Arab NewsThu, 2017-03-30 11:41ID: 1490853125113755200 DUBAI: German relocation company Movinga has released a top ten list of the best cities for UK-based finance professionals to move to after Britain leaves the European Union, factoring in various criteria such as living costs and lifestyle amenities. The UK formally triggered Article 50 on Wednesday, meaning it now has […]
Egypt’s Cabinet approves budget, targeting 9.1% deficit
Author: ReutersThu, 2017-03-30 03:00ID: 1490817657539103500CAIRO: Egypt’s Cabinet approved the country’s budget for 2017/18 on Wednesday, targeting a 9.1 percent deficit for the year, Finance Minister Amr El-Garhy said. The government expects the deficit for the current year, ending June 30, to be between 10.5 percent and 10.7 percent, against last year’s 12.2 percent.The 2017/18 budget targets 4.6 […]
BSF signs deal with Saudi desalination giant
Author: GHAZANFAR ALI KHANThu, 2017-03-30 03:00ID: 1490817657459103200RIYADH: State-owned Saline Water Conservation Corporation (SWCC) has awarded a financial advisory mandate to Banque Saudi Fransi (BSF) for two greenfield projects. Patrice Couvegnes, BSF managing director, said: “The bank is committed to contributing to Saudi Vision 2030 with the objective of developing and delivering high-quality services to the private and […]
Oil prices march higher
Author: ReutersThu, 2017-03-30 03:00ID: 1490817657439102900LONDON: Oil prices extended gains on Wednesday despite an increase in US crude inventories, lifted by Libyan supply disruptions and expectations of output cut being extended by the Organization of the Petroleum Exporting Countries (OPEC).Front-month Brent crude futures rose 25 cents to $51.58 a barrel by 1217 GMT, while West Texas Intermediate (WTI) […]
Gold ticks higher as Brexit triggered
Author: ReutersThu, 2017-03-30 03:00ID: 1490817657409102600LONDON: Gold edged up on Wednesday, as uncertainty about Brexit talks, French elections, and US President Donald Trump’s economic policies boosted safe-haven buying and offset a firmer dollar. Spot gold was up 0.1 percent at $1,252.11 per ounce at 1505 GMT. US gold futures slipped 0.3 percent to $1,251.90. “There are a lot […]
US consumer confidence hits 16-year high
Author: ReutersThu, 2017-03-30 03:00ID: 1490817644919095700WASHINGTON: US consumer confidence surged to a 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, indicating the economy was regaining momentum after faltering at the start of the year.The economy’s strengthening fundamentals were underscored by other data on Tuesday showing further increases in […]
