{"id":433993,"date":"2025-09-18T16:26:11","date_gmt":"2025-09-18T16:26:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/433993\/"},"modified":"2025-09-18T16:26:11","modified_gmt":"2025-09-18T16:26:11","slug":"how-fed-cuts-will-shape-gulf-spending-from-credit-cards-to-corporate-debt","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/433993\/","title":{"rendered":"How Fed cuts will shape Gulf spending, from credit cards to corporate debt"},"content":{"rendered":"

The US interest rate cut<\/a> on Wednesday means lower borrowing costs<\/a>, more disposable income and a boost to spending across the US dollar-pegged economies in the Gulf and the Middle East.<\/p>\n

Sectors such as property, construction, retail, automotive, tourism and hospitality are expected to benefit, as consumer confidence and discretionary spending improve, analysts say. <\/p>\n

However, the scale of the trickledown effect from the rate cuts will vary, depending on fiscal buffers and the fundamental strength of respective economies in the region. <\/p>\n

\u201cFor consumers, a rate cut recalibrates financial behaviour by altering incentives for saving and spending,\u201d Daniel Takieddine, co-founder and chief executive of Sky Links Capital Group, said. <\/p>\n

\u201cWith returns on savings accounts diminished, the impetus to save weakens, while lower borrowing costs for mortgages, auto loans and personal credit make spending more attractive.” <\/p>\n

The shift is expected to drive consumption and boost spending, especially on big-ticket items such as cars and homes and will also improve consumer sentiment.<\/p>\n

\u201cFeeling more optimistic about the economy and their personal finances, households are more likely to increase discretionary spending,\u201d Mr Takieddine added. <\/p>\n

\u201cFor those with existing variable-The US Federal Reserve entering a new cycle of interest rate cuts has direct implications for most Gulf economies as well as for Jordan whose currencies are tied to the US dollar. Their central banks typically mirror the Fed’s moves in their monetary policy stance.<\/p>\n

The Fed cut US interest rates<\/a> by 25 basis points on Wednesday amid concerns over the strength of the labour market in the world’s largest economy. The rate-setting Federal Open Market Committee has lowered the benchmark rate to a range of 4 per cent to 4.25 per cent. <\/p>\n

The Fed’s quarter-point rate cut, the first since President Donald Trump resumed office in January, was widely expected by markets, traders and investors. <\/p>\n

The UAE Central Bank, which follows Fed decisions, also reduced rates<\/a> by 25 basis points after the announcement. The banking regulator said it would cut the base rate applied to its overnight deposit window by 25 basis points to 4.15 per cent, from 4.40, effective from Thursday.<\/p>\n

Analysts say lower interest rates tend to stimulate economic activity, as consumers and companies can borrow at lower rates for purchases and investment, which drives consumption and economic growth. <\/p>\n

New forecasts released by the Fed showed the central bank projects to cut rates by another 50 basis points this year, which would lower the federal funds rate to about 3.6 per cent in December.<\/p>\n

Upbeat consumer sentiment<\/b><\/p>\n

A drop in policy rates in the Gulf is a boon for consumers whose credit card debt and personal loans would carry lower interest. <\/p>\n

Vijay Valecha, chief investment officer at Century Financial, said it will not only free up cash but it also means cheaper mortgage rates, which would encourage people to buy homes. <\/p>\n

Demand for residential and commercial properties is set to increase, which is a good sign for the property market, said Shivam Dubey, associate partner of mortgage advisory at Youae Mortgages.<\/p>\n

The market could experience increased activity and the \u201cheightened demand could support property prices and stimulate overall market growth\u201d, he said. <\/p>\n

Because lower interest rates may discourage traditional saving, some homeowners may invest in renovations that enhance their property’s value, he added. <\/p>\n

For developers, lower global and regional borrowing costs reduce the financial burden of project financing and refinancing, according to a report by ValuStrat. <\/p>\n

Cheaper debt makes it easier to service existing loans, fund new construction and explore redevelopment projects. <\/p>\n

“Developers with strong balance sheets will be best positioned to take advantage of this environment, especially in prime locations where demand is resilient,” the report said. “However, while financing costs may ease, underlying fundamentals such as oversupply and demand shifts still determine project viability.” <\/p>\n

The retail sector is expected to be the biggest beneficiary of a rate cut and subsequent rise in consumption as customer confidence grows. <\/p>\n

Spending on durable goods, cars and luxury items is set to rise as lower loan servicing costs free up cash, Hamza Dweik, head of trading for Middle East and North Africa at Saxo Bank, said.<\/p>\n

In Jordan, where household debt levels are more sensitive to interest rate changes, a Fed cut may offer \u201cmeaningful relief\u201d, improve consumer sentiment and boost domestic consumption, he added. <\/p>\n

Improved investment opportunities<\/b><\/p>\n

Lower interest rates not only bring relief for households, they also ease financial pressure on governments and the corporate sector, analysts say. <\/p>\n

The move will stimulate state investments, especially in non-oil sectors, and support governments’ fiscal expansion efforts. <\/p>\n

For businesses in the Gulf, lower interest rates would help companies gain easier access to capital, potentially reigniting momentum in <\/b>property and infrastructure development, Mr Dweik said.<\/p>\n

Banks may record a \u201cslight compression\u201d in net interest margins but this may be offset by higher lending volumes and better asset quality, he added.<\/p>\n

\u201cInvestment flows might shift away from fixed-income instruments towards equities and real estate, as lower rates reduce returns on traditional savings,\u201d Mr Dweik added. <\/p>\n

Deposit rates would also probably fall, encouraging people to explore alternative asset classes, including stocks and cryptocurrencies, he said.<\/p>\n

‘Tailwind’ for Gulf economies<\/b><\/p>\n

From a macroeconomic perspective, the rate cut is a positive development for the UAE as well its peers in the Gulf, according to analysts. <\/p>\n

The strong gross domestic product and foreign reserves of the UAE, the Arab world’s second largest economy, mean the country has \u201cample capacity to absorb and transmit the benefits of easier financial conditions\u201d, Mr Valecha said.<\/p>\n

In the Gulf, central banks collectively hold more than $760 billion in foreign assets, providing substantial external buffers, which means lower policy rates can effectively reduce sovereign and corporate refinancing costs, and support diversification programmes such as Saudi Vision 2030 and the UAE\u2019s industrial sector growth strategy, he added. <\/p>\n

While Jordan will benefit from the rate cut, it faces fundamental constraints because of its high public debt ratio of nearly 117 per cent of GDP.<\/p>\n

\u201cFiscal pressures and elevated debt servicing mean less room for government spending to complement monetary easing,\u201d Mr Valecha said.<\/p>\n

\u201cNonetheless, households and small businesses would benefit from lower borrowing costs on loans and mortgages, easing financial stress in an economy where private consumption makes up more than 80 per cent of GDP.\u201d<\/p>\n

Jordan will have \u201cmodest relief\u201d compared to Gulf countries but that is still important for sustaining domestic demand. <\/p>\n

\u201cOverall, a Fed cut would act as a tailwind, lifting growth, confidence, and investment across the UAE and GCC, while offering Jordan a measure of relief against tighter fiscal realities,\u201d Mr Valecha said.<\/p>\n

Inflation growth in the region, particularly in the UAE, has also remained muted in past several quarters, which also encourages higher consumer spending.<\/p>\n

Inflation in the UAE stood at 1.4 per cent in the first quarter of 2025 and the central bank has slightly revised down its inflation forecast for 2025 to 1.9 per cent from 2 per cent. <\/p>\n

The CBUAE has also lowered its inflation estimate for 2026 to 1.9 per cent from 2.1 per cent.<\/p>\n

\u201cThe inflation trend in the region has been benign, with interest rates higher than required,\u201d Monica Malik, chief economist at Abu Dhabi Commercial Bank, said. <\/p>\n

\u201cAs such, the expected rate cuts will be positive for sentiment, consumption activity and credit demand. The lower rates will also be welcome for the corporate segment,\u201d she added. <\/p>\n

The rate cut may help counteract \u201cglobal disinflationary pressures and support domestic demand\u201d without significantly stoking consumer prices in the Gulf region, Mr Dweik said.<\/p>\n

\u201cA weaker dollar, typically associated with Fed easing, might also support oil prices, benefiting GCC exporters,\u201d he added. \u201cHowever, volatility in energy markets remains a risk, especially as global demand patterns evolve.\u201d <\/p>\n

While the Fed rate cuts will have positive implications for the dollar-pegged economies of the region, it does raise questions about the syncing of business cycles in the US compared to the Gulf. <\/p>\n

“Clearly fed cuts automatically translate into an easing of financial conditions in pegged economies, which is pro-growth and therefore good news for most sectors,” Farouk Soussa, Mena economist at Goldman Sachs, said.<\/p>\n

“But it does raise questions of whether a one size fits all monetary policy is appropriate if business cycles in the GCC and the US are out of sync.”<\/p>\n

An example of this is the housing sector, where valuations are rising steeply in the UAE, for example, and rents rising sharply in Saudi, he said.<\/p>\n

“A cut in rates potentially inflates prices even more in these markets, which may not necessarily be welcome.” <\/p>\n

The five pillars of IslamMore from Rashmee Roshan LallThe specs: 2018\u00a0Chevrolet Trailblazer<\/p>\n

Price, base \/ as tested Dh99,000 \/\u00a0Dh132,000<\/p>\n

Engine\u00a03.6L\u00a0V6<\/p>\n

Transmission: Six-speed automatic<\/p>\n

Power\u00a0275hp @\u00a06,000rpm<\/p>\n

Torque\u00a0350Nm @\u00a03,700rpm<\/p>\n

Fuel economy combined\u00a012.2L \/ 100km<\/p>\n

UPI facts<\/p>\n

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions<\/p>\n

The specs <\/p>\n

Price, base \/ as tested<\/strong> Dh960,000

\nEngine<\/strong> 3.9L twin-turbo V8\u00a0

\nTransmission<\/strong>\u00a0Seven-speed dual-clutch automatic

\nPower<\/strong> 661hp @8,000rpm

\nTorque<\/strong> 760Nm @ 3,000rpm

\nFuel economy, combined<\/strong> 11.4L \/ 100k<\/p>\n

SPECS<\/p>\n

%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2-litre%204-cylinder%20petrol%20(V%20Class)%3B%20electric%20motor%20with%2060kW%20or%2090kW%20powerpack%20(EQV)%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20233hp%20(V%20Class%2C%20best%20option)%3B%20204hp%20(EQV%2C%20best%20option)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20350Nm%20(V%20Class%2C%20best%20option)%3B%20TBA%20(EQV)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EMid-2024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3ETBA%0D%3C%2Fp%3E%0A<\/p>\n

Strait of Hormuz<\/p>\n

Fujairah\u00a0is a crucial hub for fuel storage and is\u00a0just outside the Strait of Hormuz,\u00a0a vital shipping route linking Middle East oil producers to markets in Asia, Europe, North America and beyond.<\/p>\n

The strait is 33 km\u00a0wide at its narrowest point, but the shipping lane is just three km\u00a0wide in either direction. Almost a fifth of\u00a0oil consumed across the world passes through the strait.<\/p>\n

Iran has repeatedly threatened to close the strait, a move that would risk inviting geopolitical and economic turmoil.<\/p>\n

Last month,\u00a0Iran issued a new warning that it would block the strait, if\u00a0it was prevented from using the waterway following a US decision to end exemptions from sanctions for major Iranian oil importers.<\/p>\n

Mohammed bin Zayed Majlisif you go<\/p>\n

The flights<\/strong><\/p>\n

Etihad<\/a>\u00a0and Emirates<\/a>\u00a0fly direct from the UAE to Seoul from Dh3,775 return, including taxes<\/p>\n

The package <\/strong><\/p>\n

Ski Safari<\/a> offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from \u00a3720 (Dh3,488) per person, including transfers, based on two travelling in January<\/p>\n

The info <\/strong><\/p>\n

Visit www.gokorea.co.uk<\/a><\/p>\n

Company\u00a0profile<\/p>\n

Name: <\/strong>Dukkantek\u00a0<\/p>\n

Started: <\/strong>January\u00a02021\u00a0<\/p>\n

Founders: <\/strong>Sanad\u00a0Yaghi,\u00a0Ali\u00a0Al\u00a0Sayegh\u00a0and\u00a0Shadi\u00a0Joulani\u00a0<\/p>\n

Based: <\/strong>UAE\u00a0<\/p>\n

Number\u00a0of\u00a0employees: <\/strong>140\u00a0<\/p>\n

Sector: <\/strong>B2B\u00a0Vertical\u00a0SaaS(software\u00a0as\u00a0a\u00a0service)\u00a0<\/p>\n

Investment: <\/strong>$5.2\u00a0million\u00a0<\/p>\n

Funding\u00a0stage: <\/strong>Seed\u00a0round\u00a0<\/p>\n

Investors: <\/strong>Global\u00a0Founders\u00a0Capital,\u00a0Colle\u00a0Capital\u00a0Partners,\u00a0Wamda\u00a0Capital,\u00a0Plug\u00a0and\u00a0Play,\u00a0Comma\u00a0Capital,\u00a0Nowais\u00a0Capital,\u00a0Annex\u00a0Investments\u00a0and\u00a0AMK\u00a0Investment\u00a0Office\u00a0\u00a0<\/p>\n

Avatar%20(2009)<\/p>\n

%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Cameron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ESam%20Worthington%2C%20Zoe%20Saldana%2C%20Sigourney%20Weaver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A<\/p>\n

Mohammed bin Zayed MajlisJurassic%20Park<\/p>\n

%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ESteven%20Spielberg%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Sam%20Neill%2C%20Jeff%20Goldblum%20and%20Richard%20Attenborough%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A<\/p>\n

Day 3, Abu Dhabi Test: At a glance<\/p>\n

Moment of the day\u00a0<\/strong>Just three balls remained in an exhausting day for Sri Lanka\u2019s bowlers when they were afforded some belated cheer. Nuwan Pradeep, unrewarded in 15 overs to that point, let slip a seemingly innocuous delivery down the legside. Babar Azam feathered it behind, and Niroshan Dickwella dived to make a fine catch.<\/p>\n

Stat of the day –\u00a02.56\u00a0<\/strong>Shan Masood and Sami Aslam are the 16th opening partnership Pakistan have had in Tests in the past five years. That turnover at the top of the order \u2013 a new pair every 2.56 Test matches on average \u2013 is by far the fastest rate among the leading Test sides. Masood and Aslam put on 114 in their first alliance in Abu Dhabi.<\/p>\n

The verdict\u00a0<\/strong>Even by the normal standards of Test cricket in the UAE, this has been slow going. Pakistan\u2019s run-rate of 2.38 per over is the lowest they have managed in a Test match in this country. With just 14 wickets having fallen in three days so far, it is difficult to see 26 dropping to bring about a result over the next two.<\/p>\n

The%C2%A0specs%20<\/p>\n

%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.5-litre%2C%20twin-turbo%20V6%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E10-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E410hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E495Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Estarts%20from%20Dh495%2C000%20(Dh610%2C000%20for%20the%20F-Sport%20launch%20edition%20tested)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A<\/p>\n

Women\u2019s World T20, Asia Qualifier<\/strong><\/p>\n

UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs<\/p>\n

Standings<\/strong>\u00a0(P, W, l, NR, points)<\/p>\n

1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0<\/p>\n

Final<\/strong>
Thailand v UAE, Monday, 7am<\/p>\n

Indoor cricket in a nutshell<\/p>\n

Indoor Cricket World Cup \u2013\u00a0Sep 16-20, Insportz, Dubai<\/strong><\/p>\n

16\u00a0<\/strong>Indoor cricket matches are 16 overs per side<\/p>\n

8<\/strong> There are eight players per team<\/p>\n

9\u00a0<\/strong>There have been nine Indoor Cricket World Cups for men. Australia have won every one.<\/p>\n

5<\/strong> Five runs are deducted from the score when a wickets falls<\/p>\n

4\u00a0<\/strong>Batsmen bat in pairs, facing four overs per partnership<\/p>\n

Scoring <\/strong>In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.<\/p>\n

Zones<\/strong><\/p>\n

A<\/strong>\u00a0Front net, behind the striker and wicketkeeper: 0 runs<\/p>\n

B<\/strong> Side nets, between the striker and halfway down the pitch: 1 run<\/p>\n

C\u00a0<\/strong>Side nets between halfway and the bowlers end: 2 runs<\/p>\n

D\u00a0<\/strong>Back net: 4 runs on the bounce, 6 runs on the full<\/p>\n

Jiu-jitsu calendar of events for 2017-2018:<\/p>\n

August 5:<\/p>\n

Round-1 of the President\u2019s Cup in Al Ain.<\/p>\n

August 11-13:<\/p>\n

Asian Championship in Vietnam.<\/p>\n

September 8-9:<\/p>\n

Ajman International.<\/p>\n

September 16-17<\/p>\n

Asian Indoor and Martial Arts Games, Ashgabat.<\/p>\n

September 22-24:<\/p>\n

IJJF Balkan Junior Open, Montenegro.<\/p>\n

September 23-24:<\/p>\n

Grand Slam Los Angeles.<\/p>\n

September 29:<\/p>\n

Round-1 Mother of The Nation Cup.<\/p>\n

October 13-14:<\/p>\n

Al Ain U18 International.<\/p>\n

September 20-21:<\/p>\n

Al Ain International.<\/p>\n

November 3:<\/p>\n

Round-2 Mother of The National Cup.<\/p>\n

November 4:<\/p>\n

Round-2 President\u2019s Cup.<\/p>\n

November 10-12:<\/p>\n

Grand Slam Rio de Janeiro.<\/p>\n

November 24-26:<\/p>\n

World Championship, Columbia.<\/p>\n

November 30:<\/p>\n

World Beach Championship, Columbia.<\/p>\n

December 8-9:<\/p>\n

Dubai International.<\/p>\n

December 23:<\/p>\n

Round-3 President\u2019s Cup, Sharjah.<\/p>\n

January 12-13:<\/p>\n

Grand Slam Abu Dhabi.<\/p>\n

January 26-27:<\/p>\n

Fujairah International.<\/p>\n

February 3:<\/p>\n

Round-4 President\u2019s Cup, Al Dhafra.<\/p>\n

February 16-17:<\/p>\n

Ras Al Khaimah International.<\/p>\n

February 23-24:<\/p>\n

The Challenge Championship.<\/p>\n

March 10-11:<\/p>\n

Grand Slam London.<\/p>\n

March 16:<\/p>\n

Final Round \u2013 Mother of The Nation.<\/p>\n

March 17:<\/p>\n

Final Round \u2013 President\u2019s Cup.<\/p>\n

‘Ashkal’<\/p>\n

%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Youssef%20Chebbi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Fatma%20Oussaifi%20and%20Mohamed%20Houcine%20Grayaa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A<\/p>\n

THE BIO: Martin Van Almsick<\/p>\n

Hometown: Cologne, Germany<\/p>\n

Family: Wife Hanan Ahmed and their three children,\u00a0Marrah (23), Tibijan (19), Amon (13)<\/p>\n

Favourite dessert:\u00a0Umm Ali with dark camel milk chocolate flakes<\/p>\n

Favourite hobby:\u00a0Football<\/p>\n

Breakfast routine: a tall glass of camel milk<\/p>\n

The%C2%A0specs%20<\/p>\n

%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204-cylinder%202.0L%20TSI%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Dual%20clutch%207-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20320HP%20%2F%20235kW%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20400Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20%2449%2C709%20%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20now%3C%2Fp%3E%0A<\/p>\n

Apple’s%20Lockdown%20Mode%20at%20a%20glance<\/p>\n

%3Cp%3EAt%20launch%2C%20Lockdown%20Mode%20will%20include%20the%20following%20protections%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMessages%3A%3C%2Fstrong%3E%20Most%20attachment%20types%20other%20than%20images%20are%20blocked.%20Some%20features%2C%20like%20link%20previews%2C%20are%20disabled%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EWeb%20browsing%3A%3C%2Fstrong%3E%20Certain%20complex%20web%20technologies%2C%20like%20just-in-time%20JavaScript%20compilation%2C%20are%20disabled%20unless%20the%20user%20excludes%20a%20trusted%20site%20from%20Lockdown%20Mode%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EApple%20services%3A%20%3C%2Fstrong%3EIncoming%20invitations%20and%20service%20requests%2C%20including%20FaceTime%20calls%2C%20are%20blocked%20if%20the%20user%20has%20not%20previously%20sent%20the%20initiator%20a%20call%20or%20request%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wired%20connections%20with%20a%20computer%20or%20accessory%20are%20blocked%20when%20an%20iPhone%20is%20locked%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConfigurations%3A%3C%2Fstrong%3E%20Configuration%20profiles%20cannot%20be%20installed%2C%20and%20the%20device%20cannot%20enroll%20into%20mobile%20device%20management%20while%20Lockdown%20Mode%20is%20on%3C%2Fp%3E%0A<\/p>\n

Killing of Qassem SuleimaniUAE currency: the story behind the money in your pocketsDC%20League%20of%20Super-Pets<\/p>\n

%3Cp%3EDirector%3A%20Jared%20Stern%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Dwayne%20Johnson%2C%20Kevin%20Hart%2C%20John%20Krasinski%2C%20Keanu%20Reeves%2C%20Olivia%20Wilde%2C%20Kate%20McKinnon%2C%20Jameela%20Jamil%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A<\/p>\n

Bullet%20Train<\/p>\n

%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20David%20Leitch%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Brad%20Pitt%2C%20Aaron%20Taylor-Johnson%2C%20Brian%20Tyree%20Henry%2C%20Sandra%20Bullock%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A<\/p>\n

KILLING OF QASSEM SULEIMANIThe years Ramadan fell in MayThe five pillars of IslamKilling of Qassem SuleimaniThe Sand Castle <\/p>\n

Director: <\/strong>Matty Brown<\/p>\n

Stars:<\/strong> Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea<\/p>\n

Rating:<\/strong> 2.5\/5<\/p>\n

Zayed Sustainability Prize<\/p>\n

The Baghdad Clock<\/p>\n

Shahad Al Rawi, Oneworld<\/p>\n

Director:<\/strong> Laxman Utekar<\/p>\n

Cast:<\/strong> Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna<\/p>\n

Rating: <\/strong>1\/5<\/p>\n

UAE currency: the story behind the money in your pocketsThe years Ramadan fell in MayThe%20specs%3A%202024%20Mercedes%20E200<\/p>\n

%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A<\/p>\n

Mohammed bin Zayed MajlisKilling of Qassem SuleimaniRESULTS<\/p>\n

1.45pm: Maiden Dh75,000 1,400m<\/strong>
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m<\/strong>
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m<\/strong>
Winner: Raakezz, Tadhg O\u2019Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m<\/strong>
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m<\/strong>
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m<\/strong>
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m<\/strong>
Winner: King\u2019s Shadow, Richard Mullen, Satish Seemar<\/p>\n

PROFILE OF HALAN<\/p>\n

Started: November 2017<\/p>\n

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga<\/p>\n

Based: Cairo, Egypt<\/p>\n

Sector: transport and logistics<\/p>\n

Size: 150 employees<\/p>\n

Investment: approximately $8 million<\/p>\n

Investors include: Singapore\u2019s Battery Road Digital Holdings, Egypt\u2019s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar<\/p>\n

The Perfect Couple<\/p>\n

Starring: <\/strong>Nicole Kidman, Liev Schreiber, Jack Reynor<\/p>\n

Creator:<\/strong> Jenna Lamia<\/p>\n

Rating:<\/strong> 3\/5<\/p>\n

RIDE%20ON<\/p>\n

%3Cp%3EDirector%3A%20Larry%20Yang%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Jackie%20Chan%2C%20Liu%20Haocun%2C%20Kevin%20Guo%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A<\/p>\n

THE BIO<\/p>\n

Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old<\/p>\n

Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai<\/p>\n

Favourite Book: The Alchemist<\/p>\n

Favourite quote: Failing to prepare is preparing to fail<\/p>\n

Favourite place to Travel to: Vienna<\/p>\n

Favourite cuisine: Italian food<\/p>\n

Favourite Movie : Scent of a Woman<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

More from Neighbourhood Watch:The burning issue<\/p>\n

The\u00a0internal combustion engine is facing a watershed moment \u2013\u00a0major manufacturer\u00a0Volvo\u00a0is to stop\u00a0producing petroleum-powered vehicles by 2021\u00a0and countries in Europe, including the UK, have vowed to ban their sale before 2040.\u00a0The National\u00a0takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.\u00a0<\/p>\n

Read part four:\u00a0an affection for classic cars lives on<\/a><\/strong><\/p>\n

Read part three:\u00a0the age of the electric vehicle begins<\/a><\/strong><\/p>\n

Read part one:\u00a0how cars came to the UAE<\/a><\/strong><\/p>\n

\u00a0<\/p>\n

A new relationship with the old country<\/p>\n

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates<\/b><\/p>\n

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:<\/p>\n

ARTICLE 1<\/b> The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.<\/p>\n

ARTICLE 2<\/b> The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.<\/p>\n

ARTICLE 3<\/b> The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.<\/p>\n

ARTICLE 4<\/b> This Treaty shall enter into force on today\u2019s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.<\/p>\n

IN WITNESS WHEREOF the undersigned have signed this Treaty.<\/p>\n

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.<\/p>\n

Signed<\/p>\n

Geoffrey Arthur\u00a0 Sheikh Zayed<\/p>\n

UAE currency: the story behind the money in your pockets<\/p>\n

Trolls World Tour<\/p>\n

Directed by:\u00a0Walt Dohrn,\u00a0David\u00a0Smith<\/p>\n

Starring: Anna Kendrick, Justin Timberlake<\/p>\n

Rating: 4 stars<\/p>\n

KILLING OF QASSEM SULEIMANIKilling of Qassem SuleimaniPULITZER PRIZE 2020 WINNERSJOURNALISM\u00a0<\/strong><\/p>\n

Public Service<\/strong>
Anchorage Daily News in collaboration with ProPublica<\/p>\n

Breaking News Reporting<\/strong>
Staff of The Courier-Journal, Louisville, Ky.<\/p>\n

Investigative Reporting<\/strong>
Brian M. Rosenthal of The New York Times<\/p>\n

Explanatory Reporting<\/strong>
Staff of The Washington Post<\/p>\n

Local Reporting\u00a0\u00a0<\/strong>
Staff of The Baltimore Sun<\/p>\n

National Reporting<\/strong>
T. Christian Miller, Megan Rose and Robert Faturechi of ProPublica<\/p>\n

and \u00a0 \u00a0<\/p>\n

Dominic Gates, Steve Miletich, Mike Baker and Lewis Kamb of The Seattle Times<\/p>\n

International Reporting<\/strong>
Staff of The New York Times<\/p>\n

Feature Writing<\/strong>
Ben Taub of The New Yorker<\/p>\n

Commentary<\/strong>
Nikole Hannah-Jones of The New York Times<\/p>\n

Criticism<\/strong>
Christopher Knight of the Los Angeles Times<\/p>\n

Editorial Writing<\/strong>
Jeffery Gerritt of the Palestine (Tx.) Herald-Press<\/p>\n

Editorial Cartooning<\/strong>
Barry Blitt, contributor, The New Yorker<\/p>\n

Breaking News Photography<\/strong>
Photography Staff of Reuters<\/p>\n

Feature Photography<\/strong>
Channi Anand, Mukhtar Khan and Dar Yasin of the Associated Press<\/p>\n

Audio Reporting<\/strong>
Staff of This American Life with Molly O\u2019Toole of the Los Angeles Times and Emily Green, freelancer, Vice News for \u201cThe Out Crowd\u201d<\/p>\n

LETTERS AND DRAMA<\/strong><\/p>\n

Fiction<\/strong>
“The Nickel Boys” by Colson Whitehead (Doubleday)<\/p>\n

Drama<\/strong>
“A Strange Loop” by Michael R. Jackson<\/p>\n

History<\/strong>
“Sweet Taste of Liberty: A True Story of Slavery and Restitution in America” by W. Caleb McDaniel (Oxford University Press)<\/p>\n

Biography<\/strong>
“Sontag: Her Life and Work” by Benjamin Moser (Ecco\/HarperCollins)<\/p>\n

Poetry<\/strong>
“The Tradition” by Jericho Brown (Copper Canyon Press)<\/p>\n

General Nonfiction<\/strong>
“The Undying: Pain, Vulnerability, Mortality, Medicine, Art, Time, Dreams, Data, Exhaustion, Cancer, and Care” by Anne Boyer (Farrar, Straus and Giroux)<\/p>\n

and<\/p>\n

“The End of the Myth: From the Frontier to the Border Wall in the Mind of America” by Greg Grandin (Metropolitan Books)<\/p>\n

Music<\/strong>
“The Central Park Five” by Anthony Davis, premiered by Long Beach Opera on June 15, 2019<\/p>\n

Special Citation<\/strong>
Ida B. Wells<\/p>\n

\u00a0<\/p>\n

Specs<\/p>\n

Engine:\u00a0<\/strong>Duel electric motors
Power:\u00a0<\/strong>659hp
Torque:\u00a0<\/strong>1075Nm
On sale:<\/strong>\u00a0Available for pre-order now
Price:<\/strong> On request<\/p>\n

WHEN TO GO:<\/strong><\/p>\n

September to November or March to May;\u00a0this is when visitors are most likely to see what they\u2019ve come for.<\/p>\n

WHERE TO STAY:<\/strong><\/p>\n

Meghauli Serai, A Taj Safari – Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.<\/p>\n

HOW TO GET THERE:<\/strong><\/p>\n

Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.<\/p>\n

Mohammed bin Zayed MajlisPREMIER LEAGUE FIXTURES<\/p>\n

Tuesday <\/strong>(UAE kick-off times)<\/p>\n

Leicester City v Brighton (9pm)<\/p>\n

Tottenham Hotspur v West Ham United (11.15pm)<\/p>\n

Wednesday<\/strong><\/p>\n

Manchester United v\u00a0Sheffield United (9pm)<\/p>\n

Newcastle United v Aston Villa (9pm)<\/p>\n

Norwich City v Everton (9pm)<\/p>\n

Wolves v Bournemouth (9pm)<\/p>\n

Liverpool v Crystal Palace (11.15pm)<\/p>\n

Thursday<\/strong><\/p>\n

Burnley v Watford (9pm)<\/p>\n

Southampton v Arsenal (9pm)<\/p>\n

Chelsea v Manchester City (11.15pm)<\/p>\n

The specs: 2018 Nissan 370Z Nismo<\/p>\n

The specs: 2018 Nissan 370Z Nismo
Price, base \/ as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
\u200b\u200b\u200b\u200b\u200b\u200b\u200bFuel consumption, combined: 10.5L \/ 100km<\/p>\n

More coverage from the Future ForumThe specs: 2018 Maserati Ghibli<\/p>\n

Price, base \/ as tested: Dh269,000 \/ Dh369,000<\/p>\n

Engine: 3.0-litre twin-turbocharged V6<\/p>\n

Transmission: Eight-speed\u00a0automatic<\/p>\n

Power: 355hp @ 5,500rpm<\/p>\n

Torque: 500Nm @ 4,500rpm<\/p>\n

Fuel economy, combined: 8.9L \/ 100km<\/p>\n","protected":false},"excerpt":{"rendered":"The US interest rate cut on Wednesday means lower borrowing costs, more disposable income and a boost to…\n","protected":false},"author":2,"featured_media":433994,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,41207,1700,7372,83259,20292,1715,1426,2722,16,15],"class_list":{"0":"post-433993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-business-team","10":"tag-economy","11":"tag-federal-reserve","12":"tag-gcc","13":"tag-jordan","14":"tag-standard","15":"tag-story","16":"tag-uae","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=433993"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/433993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/433994"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=433993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=433993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=433993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}