• The GCC Financial Forum 2019
Pope to visit United Arab Emirates in February

Pope to visit United Arab Emirates in February

Pope Francis will visit Abu Dhabi in the United Arab Emirates in February, the Vatican said yesterday. The pontiff was invited by both Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan and the local Catholic church. Francis will take part in an international “interfaith” meeting during the trip, which will run from February 3 to 5.

The Vatican said the theme for the Abu Dhabi trip was summed up in the phrase “make me a channel of your peace” -- a quote from Saint Francis of Assisi, the pope’s namesake. The hope was the visit would “spread in a special way the peace of God within the hearts of all people of good will,” it said.

“This visit, like the one to Egypt, shows the fundamental importance the Holy Father gives to inter-religious dialogue,” spokesman Greg Burke said. “Pope Francis visiting the Arab world is a perfect example of the culture of encounter,” he added. The UAE prides itself on its religious tolerance and cultural diversity, and most Gulf Arab states have long allowed Christians to worship in churches.

Nearly 80 percent of the population of the UAE is Muslim, while Christians constitute around nine percent, according to the Catholic News Agency




US, China open trade talks in Beijing

US, China open trade talks in Beijing

US and Chinese negotiators kicked off two days of high-level trade talks in Beijing yesterday hoping to resolve a festering dispute that has cast a shadow over financial markets and the global growth outlook. Pressure to seal an accord

Saudi crown prince to visit Indonesia

Saudi crown prince to visit Indonesia

Indonesia will host Saudi Arabian Crown Prince Mohammed bin Salman for a state visit next week, Jakarta said yesterday, part of an Asian tour that includes stops in Pakistan, India and Malaysia. His two-day visit to the world’s b

Bahrain ready for Sports Day

Bahrain ready for Sports Day

The Kingdom of Bahrain is all set to embrace another major sporting event as the 2019 Bahrain Sports Day kicks off in different parts of Bahrain today. Organisations representing government and non-government parties, including ministr


Khloe breaks up with Tristan

Khloe breaks up with Tristan

American reality star Khloe Kardashian has called it quits with NBA player Tristan Thompson, just 10 months after the two welcomed their daughter. E! News confirmed recently that the couple has split up. This comes right around the sam

Palladium tops $1,500

Palladium tops $1,500

Precious metal palladium yesterday reached above $1,500 per ounce for the first time in trading thanks to supply deficit worries, according to analysts. Palladium hit $1,504.52 per ounce from $1,480.15 late on Tuesday. It later yesterd

ABG reports profit of US $129 million

ABG reports profit of US $129 million

Al Baraka Banking Group (ABG) reported increases in income, with a 4 per cent increase in net operating income, a 5pc rise in total net income, as net income attributable of shareholders remained unchanged compared to the year 2017. Th