there just isn't in dubai at the moment. charles-henry: but dubai can also be seen as a whole story. an index inclusion story. we see saudi already coming into the emerging markets. think about what happened at some point. you had latin america pulling in a look of foreign investors interest. that is what we're betting on. yousef: outside of the uae and saudi arabia. charles-henry: so there's a presidential election between don't believe will be a major effect on the market. yousef: dirt top call? your top call? charles-henry: you have rising interest rates in both parts of the world and admittedly it is coming from a high level. you can find a lot of companies that will take advantage of this. all of the companies which have and financial charges, with interest rates coming down, it will -- yousef: so do i play this in government bonds or in equities? there was private trade among eastern tobacco. charles-henry: last year was good for fixed income. you need to be selective. if you look at the index, it is in the range. stoc

- well, i tell you, my first employment, my first meeting with america took place in dubai. - in dubai. you actually came to this country from dubai. - through dubai. - right, yeah. - my first employment was with an oil company, an american oil company. - right. - and my first boss was a texan from texas. (audience laughs) - that's usually how it works. (audience laughs) - so i had gone into dubai on friday night to get acquainted with where my work will be, where i will be reporting to work on monday morning. so i wanted to go to a hotel and rent a room there and i was told that in dubai then, there were no rooms available. there were only few hotels and those were all sold out. and i couldn't afford more expensive hotels so i rented a room from a cab driver so that i could spend these two night up until monday and then i'll look for place to live. that room was nothing than just four walls and a floor and a door to it. i did not have any bed so my suitcase was my pillow and my towel was my bed sheet and i had slept two days. anyway, showed up at work on monday. i am meeting america f

- well, i tell you, my first employment, my first meeting with america took place in dubai. - in dubai. you actually came to this country from dubai. - through dubai. - right, yeah. - my first employment was with an oil company, an american oil company. - right. - and my first boss was a texan from texas. (audience laughs) - that's usually how it works. (audience laughs) - so i had gone into dubai on friday night to get acquainted with where my work will be, where i will be reporting to work on monday morning. so i wanted to go to a hotel and rent a room there and i was told that in dubai then, there were no rooms available. there were only few hotels and those were all sold out. and i couldn't afford more expensive hotels so i rented a room from a cab driver so that i could spend these two night up until monday and then i'll look for place to live. that room was nothing than just four walls and a floor and a door to it. and my towel was my bed sheet and i had slept two days. anyway, showed up at work on monday. i am meeting america first time now. i showed up to work. allen is explain

dubai,the government of and 50% by morocco. erik: so it's a partnership between abu dhabi and dubai. it's got 40 years of history between the two companies. it's a global player. so really, it's a company we feel very strongly about and can build a future. we are very excited. erik: that future involves a public offering. you have said that this public offering, the ipo will take place in 2018. anyone who is taking a company public has to be sensitive to market conditions. market conditions look optimal right now. it's the highest in seven or eight years. lets the company has been well-managed. [indiscernible] the top 10th percentile -- [indiscernible] this year, we posted $1.8 billion, $900 million in net income. so the company over the last couple of years has been working very well to get to this point where we are ready for an ipo. i think the time is right for many reasons. the market is in the right place. what happened in the first half? bewe are confident it will in 2018 but the first or second half will depend on marke

and go through the dubai luxury products. what will come next? you are going digital. how will that change how you do business? mr. kern: we are looking at e-commerce for the year. for one piece of sold in china, the luxury industry in the watch industry sales for pieces outside of china. because of these tourists. there's a culture of buying outside of china. and so therefore, if we are strong in the local market, this will have a dramatic impact outside. yousef: what is the average price? mr. kern: we're at 5800 euros on average. yousef: are you looking to grow? mr. kern: we want to stay in that segment and offer female products. yousef: what is margins looking -- what are your margins looking like? mr. kern: margins look good. if you look at average, you should have 55% gross margin and you should be at 28% bottom line. yousef: in terms of the competition, breitling a very focused watch and a very clear audience. who is your competition? mr. kern: we compete in that price range with all the big players. we do pilot watches

erik: so it's a partnership between abu dhabi and dubai. it's got 40 years of history between the two companies. it's a global player. so really, it's a company we feel very strongly about and can build a future. we are very excited. erik: that future involves a public offering. you have said that this public offering, the ipo will take place in 2018. anyone who is taking a company public has to be sensitive to market conditions. market conditions look optimal right now. it's the highest in seven or eight years. the company has been well-managed. this year, we posted $1.8 billion, $900 million in net income. so the company over the last couple of years has been working very well to get to this point where we are ready for an ipo. i think the time is right for many reasons. the market is in the right place. erik: what happened in the first half? >> we are confident it will be in 2018 but the first or second half will depend on market conditions. it is difficult for me to be specific on that because we haven't made the decision. erik: let me

embraer in dubai --i am yousef gamal el-din in dubai. saudi arabia has included banks to help arrange the sale of a dollar-denominated bond. that is the kingdom six to plug deficit.t climbeduarter profits 13%, but missed evidence. it is still short of the 890 million anticipated by analysts. called hiscron has iranian counterpart to discuss support for the iranian nuclear deal and urge action against attacks in syria. imposednistration has sanctions for its ballistic missile program. president trump vowed in genuine to back out of what he called the worst deal ever. that was your bloomberg business flash. let's get back to the other stories in the region. exchange making changes to prepare for the aramco ipo and inclusion in the msci emerging market index. where does that leave regional rivals? 44% oflooking to sell that stock exchange to an --ernational force -- force international operator. our next guest joins us from an event at the atlantis hotel in dubai. let's get straight to it. have you made any progress in terms of selling that

and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took a fifty one percent stake in the port of but better so my land retained thirty percent while the remaining nineteen percent goes to european. somalia and the u.a.e. has frosty relations even before the ports deal was signed somali government leaders say it's because of somalia's refusal to side with countries including the u.a.e. which are blockading qatar saudi arabia the united arab emirates and other countries cut the bull market ties with qatar last year they insist that others in the horn of africa follow their. bits of the somali federal government which offered him a new trial in the crisis against most of its one of. the somali government blames the u.a.e. for courting the leaders of the six federal states and encouraging them to side with the blockade in countries causing a serious challenge to somalia's already struggling state building process you know . it's true we are passing through tough times but it is true our economy is not d

we have the dubai index taking losses after the game we saw on sunday. abu dhabi, little changed on monday but some big gains in the possible -- in the kind i will -- tadawul i think we might be discussing more of that later but first let's get a quick check of the latest business flash headlines. the wall street journal says the saudi government has taken veto power. decisions in both the investment company and prince hollande now in thewaleed is saudi kingdom. his shares in the company are unchanged since his release from detention from the ritz-carlton last month. general election paying out more than -- the company even has its stumble through one of the most tumultuous stretches in his history. he will step down as chief executive in august and quit the board to months later. shares were already under pressure but fell hard after he left. will notits new ceo receive any bonus for 2017 because of the company's poor performance. amazon is said to be planning to offer a credit card for small business customers in the u.s. expanding its drive to deliver

would you love to see dubai host a local some guy. i think if you take the facility in all in that it's from the top down or here on the right order in charge of other merits we talked. last months there was a. what to call that everybody was for playing with the cup. why you'd sooner because the fuss that it was to me in the stadium is right there's more than sixty thousand sixty thousand spectators all this thing facility different needs met through by and all of that and that it one day it's easy to host the world cup . how do you find the first three days of the tournament one measurement to be honest i think we fulfill what we want to do is no different than his i mean the best ins competes in india for the entire world we're going as we always tell you ventures liverpool was trying his money about from the feds out why diction al-ali which is one of the biggest guys in debt of war also big no cows read all russia and it's always real for me this is i think i'm thrilled because when i. the whining that life. is was like you know

is on his parliament has voted to ban dubai ports operator and says d.p. world violated the country's unity by signing a deal with the breakaway somaliland region mohammad ajo has the details from the british or. the us. the heated debate in somalia as a house of parliament senators debate a motion on the recent signing of a deal between the united arab emirates if you appear on the bric enclave of somaliland to operate the portal but a bit of the. well the bill that aims to ban the dubai ports world from somalia quickly sailed through the law house it's proving to be contentious in the senate whose fifty four members represent the interests of somalia six federal states which include somalia. does our government share ethiopia why are we not talking about ethiopian interference in our affairs while we are only talking about the u.a.e. and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took a fifty one percent stake in the port of but better so my land retained thirty per

carol: dubai is headed to mars. julia: all of that on "bloomberg businessweek." ♪ him him julia: we are back with "bloomberg businessweek" editor joel webber. plenty of must reads, but i want to hop in on the remarks section, and some moves we saw from the chinese president in his ongoing consolidation of power. joel: what has happened is china has removed term limits for its president. basically, we have a president who is extremely powerful, has done some amazing things from a reform standpoint, and you will see him as the face of the country for potentially years. julia: xi jinping could be president for many years if this goes through. joel: a lifetime. julia: in terms of democracy and economic reforms, he has been trying to make changes. joel: it does not feel like democracy, but it does speak to a lot of the reform he has been able to pull off, and his consolidation of power will probably help him continue to do that. it provides stability. that is a theme in global politics right now, strongman motif that b

and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took a fifty one percent stake in the port of but better so money land retained thirty percent while the remaining nineteen percent goes to european. somalia and the u.a.e. has frosty relations even before the ports deal was signed somali government leaders say it's because of somalia's refusal to side with countries including the u.a.e. which are blockading qatar saudi arabia the united arab emirates and other countries cut the plummeting ties with qatar last year they insist that others in the horn of africa follow their lead and that fitted the somali federal government which offered him a new trial in the crisis against most of its one of. the somali government blames the u.a.e. for courting the leaders of the six federal states and encouraging them to side with the blockade in countries causing a serious challenge to somalia's already struggling state building process you know . it's true we are passing through tough times it is true our econom

this week stan calling all show is in dubai in the united arab emirates why qatar hosts the next world called abu dhabi owns manchester city many football clubs across the world and dubai is home to some of the world's biggest football academies let's explore. football is a huge vehicle in this region because the things he's here there isn't is i think this at the. football industry because we are a little bit late if you compare to europe here is is like they just come out we have. the organization for for like in europe for football. i think everyone every year like the star for each club and they come here. and they open their own academy like for example. my partner he was telling me then but when he would finish until i make spain qatar now when he was he she would come here and really open to me for it and i mean this is all the players when they come here and they open they try to find. a place and to open their whole like i mean we have the license of the club that was playing before because he was more easy to set up all this this here. and through the press conference is abou

carol: and dubai is headed to mars. julia: all of that still ahead on "bloomberg businessweek." ♪ julia: we are back with "bloomberg businessweek" editor in chief joel webber. plenty of must-reads, but i want to hone in on the remarks section, and some pretty significant moves we saw from the chinese president in his ongoing consolidation of power. joel: this is sort of a must read, because what has happened is china has removed term limits for its president. basically, we have a president who is extremely powerful, has done some amazing things from a reform standpoint, internally, and you will see him as the face of the country for potentially years. julia: president xi jinping could now be president, if this goes through, for many, many years. joel: it could become a lifetime position. julia: in terms of democracy and in terms of economic reforms, what does this ultimately mean? he has been trying to make all sorts of changes, some good, some concerning. joel: it does not feel like democracy, but it does speak to a

carol: and dubai is headed to mars. julia: all of that still ahead on "bloomberg businessweek." ♪ julia: we are back with "bloomberg businessweek" editor in chief joel webber. plenty of must-reads, but i want to hone in on the remarks section, and some pretty significant moves we saw from the chinese president in his ongoing consolidation of power. joel: this is sort of a must read, because what has happened is china has removed term limits for its president. basically, we have a president who is extremely powerful, has done some amazing things from a reform standpoint, internally and you will see him as the face , of the country for potentially years. julia: president xi jinping could now be president, if this goes through, for many, many years. joel: it could become a lifetime position. julia: in terms of democracy and in terms of economic reforms, what does this ultimately mean? he has been trying to make all sorts of changes, some good, some concerning. joel: it does not feel like democracy, but it does speak to a

ghouta ending that report in dubai. that's it from us on bbc one, now it's time for the news where you are. good night. hello, after another bitter weekend with snow and ice the cold snap is easing but we will still see travel disruption on monday. this was the scene in bogie tracy in devon on sunday. and we still have an amber warning from the met office which expires at 3am on monday but even after that we could still see disruption, 20 centimetres of snow in some places. we have this cold easterly wind heading into monday, we will keep those chilly winds, high pressure still in charge. a lot of dry weather on the cards and the winds will not come in such a cold direction but mandate we are likely to start the day with subzero temperatures across the board, as low as minus eight degrees in some rural spots of scotland, still snow showers early on monday in the far south, parts of devon and cornwall, the channel isles and some in kent and sussex. further northwards and isa and sussex. further northwards and is a cold s

if you've been on this route, you will know that normally, you have to set off for singapore or dubai or somewhere and stop over, a far cry from what it was in 1947, when this kangaroo route involved seven hops. you would have to come through cairo, calcutta, singapore, lots of places on the route, but overnight, they did it in one leap. the kangaroo route made it here in one go after 17 hours. it set off about 6:50 local time in perth, made it here just before dawn this morning. we caught up with some of the passengers as they came through the gate. it was the best flight we've ever had from australia. absolutely the best. we feel fresh as daisies. yeah. to be fair, the whole thing just flew by. fell asleep over the caicos islands and woke up over dubai and then you are almost home, then. really good, yeah. it's made a big difference going all the way through non—stop. a new design has made all this possible, not least because of the efficiency of the aircraft so that it can make it here with the fuel that it's carrying. it's not the first time it has ever been done. in fact, decad

carol: dubai is headed up. julia: all of that on "bloomberg businessweek." ♪ julia: we are back with "bloomberg businessweek" editor john weber. plenty of must reads, but i want to help in on the remarks section, and some moves we saw from the chinese president in his ongoing consolidation of power. john: what has happened is china has removed term limits for its president. basically, we have a president who is extremely powerful, has done some amazing things from a reforms dan point, and you will see him as the face of the company for potentially years. julia: xi jinping could be president for many years if this goes through. joel: a lifetime. julia: in terms of democracy and economic reforms, he has been trying to make changes. joel: it does not feel like democracy, but it does speak to a lot of the reform he has been able to pull off, and his consolidation of power will probably help him continue to do that. it provides stability. that is a theme in global politics right now, strongman motif that becomes a

and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took a fifty one percent stake in the port of but better so money land retained thirty percent while the remaining nineteen percent goes to european. somalia and the u.a.e. has frosty relations even before the ports deal was signed somali government leaders say it's because of somalia's refusal to side with countries including the u.a.e. which are blockading qatar saudi arabia the united arab emirates and other countries cut the ties with qatar last year they insist that others in the horn of africa follow their lead and that pitted the somali federal government which offered him a new trial in the crisis against most of its money on. the somali government blames the u.a.e. for courting the leaders of the six federal states and encouraging them to side with the blockade in countries causing a serious challenge to somalia's already struggling state building process you know . it's true we are passing through tough times it is true our economy is not

it must bea are in dubai to collect it. it must be a strange experience to be in this global situation presumably with other teachers from all over the world? it's an honour. i've met some of the most incredible educators from all over the world. there are some phenomenal teachers out there and i am so phenomenal teachers out there and i am so humbled to have met them, and i accept this award is just on behalf of myself but for every teacher making an amazing amount of difference in their communities.“ there one thing that you think, well, three lessons that we can all bring to children in teaching situations, things you'd like to impart to everybody, what with baby, those three things? -- what would they be. i'd say, please continue to make sure that relationships and building relationships with your families and the children should be your key priority. please ensure that the creative subjects are still fundamentally within your curriculum. and please ensure that we are looking after our children, that we are making sur

fell asleep over the caicos islands and woke up over dubai and then you are almost home, then. really good, yeah. it's made a big difference going all the way through non—stop.

world on by dubai in the united arab emirates and the government here do good to nationalize the ports last week bringing to an end up thirty year concession d.p. world war in two thousand and six. we already unwilling to discuss in a contractual issues arising from a disease we have family members in the rule of law and don't want to take what belongs to us but we will never accept anything that harms our country in a move seen as a response to djibouti d.p. world signed a deal last week with european on the better but up port in the breakaway and global somaliland device port operator has a fifty one percent stake in but better while somaliland has thirty percent and the remaining nineteen percent is controlled by theo peer port managers in djibouti or dismissive of the u.s. move to court with european the biggest client the metallic. pays a country of one hundred million people and need a enormous at liberty to say no agreements with anyone so my lands a relatively small puerto exports livestock to the middle east and imports food and other items all boxes said to changes d.p. world

world on by dubai in the united arab emirates and the government here do you good to nationalize the ports last week bringing to an end up thirty year concession d.p. world war in two thousand and six. we are ready and willing to discuss in a contractual issues arising from a disease we have family was in their rule of law and don't want to take what we launched to others but we will never accept anything that harms our country in a move seen as a response to djibouti d.p. world signed a deal last week with european on the better but our ports in the breakaway and global somaliland dubai's port operator has a fifty one percent stake in but better while somaliland has thirty percent and the remaining nineteen percent is controlled by theo peer port managers in djibouti or dismissive of the u.s. move to court ethiopia their biggest client a metallic. peyser country of one hundred million people and need a enormous at liberty to say no agreements with anyone so my lands a relatively small puerto exports livestock to the middle east and imports food and other items all boxes said to chan

and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took a fifty one percent stake in the port of but better so money land retained thirty percent while the remaining nineteen percent goes to european. somalia and the u.a.e. has frosty relations even before the ports deal was signed somali government leaders say it's because of somalia's refusal to side with countries including the u.a.e. which are blockading qatar saudi arabia the united arab emirates and other countries cut the ties with qatar last year they insist that others in the horn of africa follow their lead and that pitted the somali federal government which offered him a new trial in the crisis against most of its one of. the somali government blames the u.a.e. for courting the leaders of the six federal states and encouraging them to side with the blockade in countries causing a serious challenge to somalia's already struggling state building process you know . it's true we are passing through tough times it is true our economy is not do

now it is far from plain sailing for a major shipping company in dubai to develop a container port in the horn of africa region d.p. world had its long term contract in djibouti council last month now employees in somalia have voted to ban the immoralities from a major investment in the breakaway state of somaliland mohammed though has that story from a goodish. heated debate in somalia's upper house of parliament senators debate a motion on the recent signing of a deal between the united arab emirates if you appear on the bric enclave of somaliland to operate the portal. where the buildout aims to ban the dubai ports world from somalia quickly sailed through the law house it's proving to be contentious in the senate whose fifty four members represent the interests of somalia six federal states which include somalia. government fair ethiopia why are we not talking about ethiopian interference in our affairs while we are talking about the u.a.e. and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed in dubai recently the port operator took

it's the diplomatic leverage that they're trying to use to derail this particular vehement between dubai world and to some folks you know. and. what effect is some are the somali parliament's decision likely to have on this court operation i think it's mostly symbolic i think as you know and as you know that the saudi government went to the other meeting in cairo where indorse the position of the somali government against the wind well i think what they're trying to do what the government is trying to do is to respond to this threat to the sovereignty and territorial integrity of the country but that fortunately the government of somalia in the show has been so incompetent that it has been unable to to separate what was developing into why and . and such that bonderman have to act in where the government should have done this long time ago and what implications does this have then for relations between somalia and somaliland i don't think it changes anything because the regime in her gaze as suspicious or jim by by or somebody folks. will look changed at the top but i think what this sig

we support the president's decision the only took back what belongs to us or dubai ports was here for a sabotage they were against the booty developing a dark head. we are happy with the departure of dubai ports there is no point catering for the interests of those who don't care about your own. just days after the demotion government console its agreement with dubai ports world the company has signed a deal with the bric our republic of somalia and ethiopia one that gives it the majority stake in the port of better but the most west somalia somali government has described the agreement as illegal. on an affront to its sovereignty. there are concerns here about the nineteen per cent stake if your bill was awarded in the bill but a port deal could deny djibouti some march needed business despite its small size has become an important player because of its position on the bubble mandeb street a crucial shipping lane to europe from the gulf and asia it has been the gateway to long looked if you appeal for more than two decades with most of the hundred million strong nations exports and i

became aware that months or was in dubai raising money and shopping u.s. officials were reportedly discussing what to do about him but before a decision could be made months were left for iran according to the post then president barack obama's national security adviser susan rice requested that his plane be turned around but the amorality said that it was too late to do so from iran months so it traveled on to pakistan where the americans once again became aware of his whereabouts and killed him in a drone strike michael semple is a visiting research professor at queen's university belfast he says that act of mohammad months was visits to dubai reveals insights into the war in afghanistan. what it tells us is about the geography of the war ok the fighting and dying are basically done inside afghanistan but this war rests on a a well developed conflict economy that conflict economy involves linkages through through two. suiter iran and through to all the gulf countries because this is not just a this is not a tale about you know shadowy meetings with you k

from london and dubai. anna, good to see you this morning. futures set for a slight dip here in london. u.s. equity futures played a game. we are hopeful that we could get a decent outcome with china. market conditions look good. they are going back to fundamentals. trump could prepare to expand dozens of russian diplomat. this is the personal consumption expenditure along with -- would callt what you a dramatic selloff. this is a cessation of the terror at struck markets on friday, a reflection, a reprieve, and a thought process. he said i was actually quite surprised by the terror that had struck the markets. go back to the clinton era. he levels these kinds of charges against japan and they never implemented the tariffs. global markets down 4%. u.s. equity markets down 6%. do you look for value? that is the cliche. do you buy the dip? bills, a combination of notes, the largest on the slate ever. $30 billion worth of two-year paper will come. the short end is a very odd place. you have two-year yields. you have cash surpassing t-bills. as f

saying hey we're happy with the departure of dubai ports there is no point catering for the interests of those who don't care about your own. just days after the demotion government console it's an agreement with dubai ports world the company has signed a deal with the breakaway republic of somaliland and if you appear one that gives it the majority stake in the portals better but the most west somalia somali government has described the agreement as illegal nolen point on an affront to its sovereignty. there are concerns here that the nineteen percent think if the appeal was awarded in the better but our port deal could deny djibouti some much needed business. despite its small size djibouti has become an important player because of its position on the bubble mendip straight a crucial shipping lane to europe from the gulf and asia it has been the gateway to long locked if you appeal for more than two decades with most of the hundred million strong nations exports and imports passing through djibouti officials here have been quick to downplay the agreement of a bit better though with

we support the president's decision the only to back what belongs to us or dubai ports for a sabotage their vote against the booty developing a dark head. we are happy with the departure of dubai ports there is no point catering for the interests of those who don't care about your own. just days after the demotion government console it's an agreement with dubai ports world the company has signed a deal with the breakaway republic of somalia and ethiopia one that gives it the majority stake in the portal but a bit of the most west somalia somali government has described the agreement as illegal. and an affront to its sovereignty. there are concerns here that the nineteen percent think if the appeal was awarded in the better but a port deal could deny djibouti some much needed business despite its small size djibouti has become an important player because of its position on the bubble mendip street a crucial shipping lane to europe from the gulf and asia it has been the gateway to lovelock if you appeal for more than two decades with most of the hundred million strong nations exports an

in dubai, we are 90 minutes away from the market open here in the emirates. much check in on the first word headlines from around the world. russians had to the polls and presidential elections expected to hand vladimir putin an easy victory and keep them in power until 2024. has been the longest serving leaders since joseph stalin. he is seeking a fourth term amidst an excavating standoff with the west and problems at home. theresa may said she may take further action against russia a guns the nerve agent poisoning against the former spy and his daughter in the u k. that is after moscow ordered reduce diplomats to leave in retaliation. boris johnson said it is overwhelmingly likely president who in person at lee -- putin ordered the poisoning. misconductplomatic of the kremlin. president trump has called robert mueller's probe to end. it is a dramatic shift from the president's legal team who previously committed to cooperating fully. the move came just hours after the attorney general fire at the fbi deputy director. trump took to twitter late last night to

daily projects thirty million of it had to go to dubai and back here to pay for. the farms auditor's but they did order the books of linq way the company which laundered the wedding money back into south africa this was billed as a business expense by avoiding the stolen money from being taxed at bt in question sar k p m g the cook to supporters could have missed us to advise them how to do it in south africa how to do it in dubai so they use their international network international advisory services. to help them set it up in full compliance with the legislation which. order to flag the link payments saying these costs the most probably not in the production of the company's income despite the. signed off on link waste financials. so who then ordered the oldest says that question is deeply concerning to u.k. politician peter hain my olds there be no criminal prosecutions for money laundering and financial institutions and very few other enablers such as lawyers or accountants a former anti-apartheid activist he's presently campaigning for u.k. authorities to act

the award was presented to her by the ruler of dubai, sheikh mohammad, who is the patron of the event. scientists say they've achieved a breakthrough in the treatment of multiple sclerosis, after the results of an international trial involving stem cell transplants. the study showed an improvement in symptoms and the progress of the neurological condition halted. 0ur medical correspondent fergus walsh explains. so nice to finally get out. it feels like my diagnosis was just a bad dream. before the transplant, the wii ‘s willetts from robber had severe relapses, attacks of multiple sclerosis. at one point, she was in a wheelchair. —— louise willits. it affected her mind. she struggled to read and have conversations. -- rotherham. sometimes i pinch myself a nasty that is real. will it come back? i don't live in fear any more. —— sometimes a pinch myself and ask if it is real. ms is caused by a fa u lty if it is real. ms is caused by a faulty immune system, attacking the brain and spinal cord. symptoms include balance and muscle problems, fatigue, and loss of vision. the bbc‘

dubai is basically looking at transforming itself into a digital hub. it wants to run the city on blockchain, the same technology that underpins bitcoin. it wants to launch a fleet of driverless air taxis. already when you go to dubai at the airport, your uber is more likely to be a tesla than any other vehicle. they also want their police force to ride these hover bikes that will also be in the air. carol: we are having fun and saying isn't this kind of cool, but this is the place that has reinvented itself when many other people thought it couldn't before. take us back. cristina: 50 years ago, it was a sleepy little port, very poor. it started climbing to the skies. world's tallest building. oil production peaked at around 1991 and has been declining since, but they said to themselves, let's be a place that still attract all this oil money from the region. it is als are looser, place where literally the rest of the gulf goes to lead a tear down. hair down. restaurants, shopping. many people have had second homes there. something like 80% of the popula

would you love to see dubai host a local some di. i think so if you take the facility in. all in there it's from the top down or here on the y. already in charge of other merit we have called the last months there was a. what to call it every other month and once with the plane with. a y. you'd sooner because the facility was to meet in the stadiums right there's more than sixty thousand sixty thousand spectators all this the facility different needs method to fly and all the embedded one day it's easy to host the world cup. how did you find the first three days of the tournament one measurement to be honest i think we fulfill what we want it is different than his i mean the best ins compete in india for the entire world we're going miserable it's either you venters liverpool we was find his money about from the feds up your diction al-ali which is one of the biggest guys in debt of war just so so big you know cows read all russian and it's always real for me this is i'm going to win because when i arrived to the wire you know like five years ago. it was like a desert you

daily projects thirty million of it had to go to dubai and back here to pay for. the farms auditor's but they did order the books of linq way the company which laundered the wedding money back into south africa this was billed as a business expense by avoiding the stolen money from being taxed at bt in question sar k p m g the cup to supporters could have missed us to advise them how to do it in south africa how to do it in dubai so they use their international network international. advisory services. to help them set it up in full compliance with the legislation which. order to flag the link way payments saying these costs the most probably not in the production of the company's income despite the. signed off on link waste financials. so who then ordered the oldest says that question is deeply concerning to u.k. politician peter hain my olds there be no criminal prosecutions for money laundering and financial institutions and very few other enablers such as lawyers or accountants a former anti-apartheid activist he's presently campaigning for u.k. authorities to

became aware months so was in dubai raising money and shopping u.s. officials were reportedly discussing what to do about him but before a decision was made he left the wrong according to the post susan rice who was national security adviser to president barack obama at the time requested his plane be turned around but the amorality said it was too late from iran he traveled on to pakistan where the americans were again aware of his whereabouts and he was killed by a u.s. drone strike. well joining us now via skype from the pakistani city of lahore is ahmed rashid is a journalist and author of several books on afghanistan pakistan and central asia including the new york times bestseller taliban thank you very much for taking the time to speak to us mr rashid so we're reading in the report there are a few days of fund raising and shopping for former taliban leader in dubai and yet he wasn't captured why was that. well this is even more surprising because actually months was the tour is not just for shopping but for actually fundraising in in the middle

died the post says that in twenty eight twenty sixteen the us became aware that none sought was in dubai raising money and shopping u.s. officials were reportedly discussing what to do about him but before a decision could be made months or left for iran according to the post then president barack obama's national security adviser susan rice requested that his plane be turned around but the iraqis said that it was too late from iran months or traveled on to pakistan where the americans were once again aware of his whereabouts and killed him in a drone strike let's speak to michael semple who's a visiting research professor at queen's university belfast he joins us now via skype good to have you with us michael what do you make of these reports why do you think the the u.s. and the. chose or perhaps failed to pick him up. well i think this this whole story tells us a bit about their momentum and sort of the mob it tells us a bit about the geography of that the consummate enough on the stand and of course it gives us an insight into the dynamic is that the at the big hours to be at the u.s

ethiopia and the breakaway state of somaliland they also voted to ban the mangy dubai based shipping company from investing in somalia where the actions have been further strength because of allegiances related to the gulf crisis one hundred hour explains from mogadishu. the. heated debate in somalia's upper house of parliament senators debate a motion on the recent signing of a deal between the united arab emirates if you appear on the breakaway enclave of somaliland to operate the portal there but out there well the buildout aims to ban the dubai ports world from somalia quickly sail through the law house it's proving to be contentious in the senate whose fifty four members represent the interests of somalia six federal states which include somalia and does our government fair ethiopia why are we not talking about ethiopian interference in our affairs while we are only talking about the u.a.e. and dubai ports world when ethiopia took a nineteen percent stake in berbera port in the deal signed into by a recently the port operator took off to one percent stake in the port of but bett

became aware months or was in dubai raising money and shopping u.s. officials were reportedly discussing what to do about it but months or left for iran before a decision was made according to the post susan rice who was national security advisor to president barack obama at the time requested his plane be turned around but the iraq he said it was too late from iran and saw traveled on to pakistan where the americans were once again aware of his whereabouts and killed him in a drone strike michael semple is a visiting research professor at queens university in belfast he says actor mohamad months was visit to dubai reveals insights into the war in afghanistan what it tells us is about the the geography of the war ok the fighting and dying are basically being done inside afghanistan but this war rests on a a well developed conflict economy that conflict economy involves linkages through to uk is done through to iran and through to all the gulf countries because this is not just a this is not a tale about you know shadowy meetings with you know intellig

this link stan calling all show is in dubai in the united arab emirates warlike qatar hosts the next world called abu dhabi owns manchester city in many football clubs across the world and is home to some of the world's biggest football academies let's explore. football is a huge vehicle in this region because the things he's here there isn't is i think. this football industry because we are a little bit late if you compare to europe here is is like they just come out with . the organization for for like in europe for football. i think everyone every year likely star for each club here. and they open their own academy for example. my partner he was telling me none but when he finished i make spain qatar now when he was finished he would come here in a really open to me for him to me than these older players when they come here and they open they try to find. a place and to open their whole like i mean we have the license of the club there was playing before because it was more easy to set up all the states here. and through press conferences invited to storm a show and stand in the f

it's going to start calling all show is in dubai in the united arab emirates why qatar host the next world called abu dhabi owns manchester city many four ball clubs across the world and dubai is home to some of the world's biggest football academies let's explore. football is a huge vehicle in this region because the things he's here there is an east i think to set the. football industry because we are a little bit late if you compare to europe here is is like they just come out we have. the organization for for like in europe for football. i think everyone every year like the star for each club and they come here. and they open their own academy like for example. my partner he was telling me and when he would finish until i make spain qatar now when he was finished he would come here and they really opened me for it and i mean this is all the players when they come here and they open they try to find. a place and to open their whole economy we've done license of the club that was playing before because it was more easy to do this here.

daily projects so two million of it had to go to dubai and back here to pay for. the farms auditor's but they did order the books of link way the company which laundered the wedding money back into south africa this was billed as a business expense by avoiding the stolen money from being taxed at bt in question sar k p m g the cook to supporters could have missed us to advise them how to do it in south africa how to do it in dubai so they use their international network international advisory services. to help them set it up in full compliance with. a junior order to flag the link way payments saying these costs are most probably not in the production of the company's income despite the signed off on link waste financials. who then ordered the older says that question is deeply concerning to u.k. politician peter hain as they have been criminal prosecutions for money laundering and financial institutions and very few other enablers. companies a former anti apartheid activist he's presently campaigning for u.k. authorities to act against companies who he says. we'r

around the cause of her death persists in local media despite the case being closed by officials in dubai where she died india's ambassador to the u.a.e. . tweets the media interest in the untimely demise of sridevi is understandable but the frenzy of speculation doesn't help some online agree tom or actor and politician are seraph kumar tweets it deeply hurts that the legend is being ruthlessly dissected in public forums columnists barkha dutt argues that reporting by some india do is outlets has been shameful creating a new tag news came out or death of news to describe the journalism around true davies. despite the flurry of conspiracy many young artists are continuing to pay tribute to the late actress with their own renditions of her star performances. tweets almost every director i've interacted with gives me one example of a great actress someone i must watch study someone i must try to emulate and that's sridevi still trying to wrap my head around this heartbreak she will continue to live on through her legacy and through us i mean. so meanwhile hundreds of people took part in a f

around the cause of her death persists in local media despite the case being closed by officials in dubai where she died india's ambassador to the u.a.e. . tweets the media interest in the untimely demise of sridevi is understandable but the frenzy of speculation doesn't help some online agree tom or actor and politician are seraph kumar tweets it deeply hurts that the legend is being ruthlessly dissected in public forums columnists barkha dutt argues that reporting by some india doos outlets has been shameful creating a new tag news came out or death of news to describe the journalism around true davies. despite the flurry of conspiracy many young artists are continuing to pay tribute to the late actress with their own renditions of her star performances. tweets almost every director i've interacted with gives me one example of a great actress someone i must watch study someone i must try to emulate and that's sridevi still trying to wrap my head around this heartbreak she will continue to live on through her legacy and through us i mean. so meanwhile hundreds of people took part in a fi

ethiopia and the breakaway region of somaliland somalia doesn't recognize the deal and has accused the dubai based company of undermining its sovereignty and violating international law somaliland declared itself a republic in one thousand nine hundred one but it's not recognized by mogadishu or most foreign countries. u.s. president donald trump has blocked what would have been the largest tech merger in history singapore based chip maker broadcom was looking to buy american rival qualcomm for one hundred seventeen billion dollars trump says the deal is a threat to national security broadcom said those concerns were unfounded unfounded since it was about to complete its move to the u.s. in april let's bring in david vaile in sydney talk more about this he is the executive director of the cyberspace and policy center at the university of new south wales thanks thank you for being with us so first of all we've heard this national security argument before when when trump decided to put trade tariffs steel tariffs on foreign competitors last week just what exactly is the national security conce

fell asleep over the caicos islands and woke up over dubai and then you are almost home, then. really good, yeah. it's made a big difference going all the way through non—stop. a new design has made all this possible, not least because of the efficiency of the aircraft so that it can make it here with the fuel that it's carrying. it's not the first time it has ever been done. in fact, decades ago, there was a flight which took off from london and went to sydney direct, but it did not carry very many people at all, it was not a commercial flight. this is the first direct commercial flight, the first regular service between london and perth. we've been hearing from journalists from perth saying to me today that actually, this is big for them as well because it means they will be on the map. they will be the first part of the country people will fly into as they go into australia, so a big day here. what is interesting now in the next few hours is that the plane that has come in is being turned around. they will be getting back on it and they will be taking that 17—hour journe

fell asleep over the cocos islands and woke up over dubai and then you are almost home, then. really good, yeah. it's made a big difference going all the way through non—stop. a new design has made all this possible, not least because of the efficiency of the aircraft so that it can make it here with the fuel that it is carrying. it is not the first time it has ever been done. in fact, decades ago, there was a flight which took off from london and went to sydney direct but it did not carry very many people at all, it was not a commercial flight. this is the first direct commercial flight, the first regular service between london and perth. we have been hearing from journalists from perth saying to me today, actually, this is big for them as well because it means they will be on the map. they will be the first part of the country people will fly into as they go into australia, so a big day here. what is interesting now in the next few hours is the plane that has come in is being turned around. they will be getting back on it and they will be taking that 17—hour journey righ