July 26, 2017
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July 26, 2017

The Israeli security cabinet decided during a meeting late on Monday night to remove metal detectors, which had recently been installed at the entrances of the Al-Aqsa Mosque compound, only to replace them with more advanced surveillance technology in the Old City of occupied East Jerusalem.

Israeli authorities installed metal detectors, turnstiles, and additional security"...


July 26, 2017

Turkey attracted $1.17 billion in foreign direct investment (FDI) in May, the Turkish Economy Ministry announced on Tuesday.

According to a ministry report, foreign direct investment in Turkey amounted to $4.8 billion between January and May 2017, an increase of 11.2 percent compared to the same period in 2016.

The financial intermediation sector received the biggest amount of FDI - $1 billion - from January to May.


July 26, 2017

Malaysia Airlines is in talks with potential investors for new charter flights to carry Muslim travellers on the annual Hajj pilgrimage, a service planned to give a new lease of life to surplus A380 superjumbos at the unprofitable carrier.

The carrier will apply for a license with Malaysian authorities this quarter and expects the service -- a separate venture from the main airline -- to be fully operational in about a year, CEO Peter Bellew said in an interview. Malaysia Airlines has held talks with parties in Asia and the Middle East involved in the tourism and aviation"...

July 26, 2017

A U.S. judge on Monday ordered Apple Inc to pay $506 million for infringing on a patent owned by the University of Wisconsin-Madison's patent licensing arm, more than doubling the damages initially imposed on Apple by a jury.

U.S. District Judge William Conley in Madison added $272 million to a $234 million jury verdict the Wisconsin Alumni Research Foundation won against Apple in October 2015. Conley said WARF is owed additional damages plus interest because Apple continued to infringe the patent, which relates to computer processor technology, until it expired"...

July 26, 2017

Best Western Tokyo Nishikasai Grande has been recognized for its high standards of quality and service.

The new hotel, which opened in April 2017, was awarded the “Excellence in Quality, Standards and Service” certificate, which is designed to honour the very best of Best Western’s global hotel offerings.

Best Western Hotels & Resorts has measurably high standards to ensure superior comfort and service for guests during their stay. All of the brand’s properties must pass stringent quality assurance tests, while also maintaining consistently high guest satisfaction ratings. The “Excellence"...

July 26, 2017

Although they have made strides towards diversifying their economies away from oil, Gulf countries remain dependent on hydrocarbon revenues, making them susceptible to market fluctuations, S&P Global Ratings said.

'Gulf economies' high concentration and dependence on the hydrocarbon sector, which averaged about 30 per cent of GDP and 60 percent of total exports over 2015-16 – even considering subdued oil prices – could become a credit- negative factor when not offset by substantial financial buffers,' the agency said. 'Despite supporting"...

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