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☆ Inside the UAE's space centre
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the UAE's space centreSalem Humaid Al Marri, the director general of the Mohammed Bin Rashid Space Centre in Dubai, gives CNBC's Dan Murphy a behind the scenes look at the satellite development facility – and inside the space center's mission control room.

☆ Meet the UAE's first astronaut
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeet the UAE's first astronautSpeaking to CNBC's Dan Murphy, the UAE's first astronaut, Hazzaa Al Mansoori, describes his visit to the International Space Station, his pride at being the first Arab to do so and the intense training program he endured in preparation.

☆ The UAE will now be able to enforce UK court rulings, changing Dubai's 'safe haven' status
▼ + stars: | 2022-09-22 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

The change applies to all court rulings for non-criminal civil, financial and marital cases and is already in affect. It represents a significant step-up in cooperation between the UAE and the U.K., longtime partners in trade, diplomacy and defense. This was due to what the UAE described as a lack of "reciprocity," as the U.K. generally did not enforce UAE court rulings. The new ruling announced Wednesday will, in principle, make it no longer possible for those sentenced in civil cases in the U.K. to flee to the UAE and avoid paying debts. Some legal experts predict a surge in cases by creditors pursuing debt repayments from people who have left the U.K. for the UAE.

Flags of United Arab Emirates and Israel flutter during Israel's National Day ceremony at Expo 2020 Dubai, in Dubai, United Arab Emirates, January 31, 2022. REUTERS/Christopher Pike/DUBAI/NEW YORK, Sept 22 (Reuters) - Israel has agreed to sell an advanced air defence system to the United Arab Emirates, two sources familiar with the matter said, in the first such known deal between them since they forged ties in 2020. The deal reinforces how, for some Arab states, resolving the decades-long Israel-Palestinian conflict has now been overshadowed by national priorities, such as security and the economy. President Isaac Herzog, visiting the UAE in January when an intercepted strike took place, said Israel supported the UAE's security needs. Israel and the UAE this year signed a free trade deal; Israel's first with an Arab state.

☆ 'Maximize that free money first.' The best time to apply for financial aid for college is coming up
▼ + stars: | 2022-09-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Whether it's due to belt-tightening or the promise of federal student loan forgiveness, suddenly families are paying closer attention to financial aid for college. Of those parents with college-bound students who didn't plan on applying for federal aid, 58% have now changed their minds, according to a new report by Discover Student Loans. That's where the Free Application for Federal Student Aid comes in. "You want to maximize that free money first," such as scholarships and grants, said Sallie Mae spokesman Rick Castellano, "before you borrow." For the 2023-2024 school year, the FAFSA filing season opens on Oct. 1 — and the sooner students file, the better.

He also provided UAE officials with sensitive information, including internal discussions within the Trump administration concerning the blockade of Qatar by the UAE, Mehta said. When he was asked by the FBI about his dealing with UAE officials and the actions he'd taken, Barrack "started lying" and "lied and lied again." Schachter argued that the feds were blowing up "meaningless, inconsequential acts," including Barrack praising the UAE as an "important ally" during a TV interview. "Barack Obama has said the same thing," Schachter told the jury. While Grimes did set up appointments for Barrack, including with UAE officials, he did so at his boss' request, Lowell said, adding that he’d also get Barrack his coffee and smoothies and babysit his kids.

☆ Despite Biden's assurances, Middle East militaries are buying their own weapons to take on Iran at sea and in the air
▼ + stars: | 2022-09-21 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

Saudi Arabia and the UAE have been investing heavily in new military hardware in order to Iran. The Royal Saudi Air Force's core strength are its 232 F-15 Eagles, at least 84 of which are F-15SA variants designed specifically for Saudi Arabia. A Royal Saudi Air Force F-15 at King Faisal Air Base in Saudi Arabia in February 2021. US and Bahraini officials in front of unmanned naval vessels at at Naval Support Activity Bahrain in Manama in January. US Navy/MCS1 Mark Thomas MahmodIMX 2022 was also the first time Israel and Saudi Arabia, which don't have diplomatic relations, officially took part in an exercise together.

☆ Gulf central banks raise rates after Fed's third big hike in a row
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

The Central Bank of Bahrain is seen in Manama, October 27, 2013. The Saudi Central Bank, also known as SAMA, lifted its repo and reverse repo rates by 75 bps to 3.75% and 3.25%, respectively. The UAE's central bank will from Thursday hike its base rate by three-quarters of a percentage point to 3.15%. Qatar's central bank will from Thursday increase its lending rate to 4.5%, deposit rate to 3.75% and repo rate to 4.0%. Bahrain raised its key policy interest rate on its one-week deposit facility to 4%.

☆ OPEC+ supply shortfall now stands at 3.5% of global oil demand
▼ + stars: | 2022-09-20 | by ( Ahmad Ghaddar | ) www.reuters.com time to read: +2 min

General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed JadallahCompanies Saudi Arabian Oil Co FollowLONDON, Sept 20 (Reuters) - OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears drag oil prices lower. Nigeria's crude oil production fell below 1 million bpd in August, figures from its regulator show, as the nation grappled with rampant theft from its pipelines and years of underinvestment. read more"It has been struggling for months to fulfil its quota and Saudi Arabia has made it abundantly clear that they would only use thinning spare capacity in case of real emergency," PVM Oil's Tamaz Varga said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ahmad Ghaddar; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.

Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Good to Excellent Marriott Bonvoy Boundless® Credit Card A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Annual Fee $95 Regular APR 18.24% - 25.24% Variable Credit Score Good to Excellent Chase Freedom Unlimited® A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE.

☆ Why the current oil boom for Arab states may be their last
▼ + stars: | 2022-09-19 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

During previous oil booms, Gulf states were seen as squandering their wealth on wasteful and inefficient investments, building sprees and buying weapons, as well as handouts to citizens . Gulf states appear to be working on diversifying. Since the last oil boom that ended in 2014, four of the six Gulf states have introduced value-added tax and the UAE has gone further by starting a corporate income levy . None of the Gulf states have an income tax. Critics counter that it is in the oil exporters' interest to push that narrative, but oil states have pointed to the rise in crude demand that coincided with the removal of Covid-19 restrictions around the world.

☆ The UAE is pushing to produce 5 million barrels per day of crude oil 5 years earlier than previously disclosed, report says
▼ + stars: | 2022-09-19 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

The UAE is pushing up a target date for increased crude oil output by five years, according to Bloomberg. State-run producer ADNOC wants to produce 5 million barrels per day by 2025, up from a previously disclosed target of 2030. The UAE could target 6 million bpd by 2030 if the 2025 goal is successful. The country's state-run oil major, Abu Dhabi National Oil Co., is now targeting 2025 to increase crude oil output to 5 million barrels per day, as elevated prices give major producers incentive to rush flows onto the market. Crude oil has abated somewhat in recent months, with Brent hovering around $89 Monday.

The fact is, there are several important reasons I will continue saving for my kid's college education, and why those who can afford to do so should do the same. Today's forgiveness plan won't help future borrowersOne big issue I have with Biden's forgiveness plan is that it is a one-time action that does nothing to fix our broken higher education system. Biden's forgiveness plan once again limits relief to individual borrowers with incomes of $125,000, or couples who earn $250,000 or less. For these reasons and plenty of others, we are still saving for our children's college education on a monthly basis. APR Variable: 1.79% - 12.99%, Fixed: 3.22% - 13.95% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 3.25% - 13.59%, Fixed: 3.75% - 13.72% Editor's Rating 3.25/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 2.52% - 11.11%, Fixed: 3.89% - 13.16% Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Find your rate On College Ave's website Find your rate On Sallie Mae's website Find your rate On Ascent's website

☆ It's a terrible time to both buy and sell real estate
▼ + stars: | 2022-09-08 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Americans are becoming increasingly pessimistic about the US real estate market. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyThe real estate market is in limbo. It's created greater dysfunction in the real estate market. Indeed, activity in the real estate market is cooling. As rising mortgage rates burden consumers, it's given rise to the largest decline in home listings in more than two years.

You may be eligible for payment assistance toward your mortgage, car payment, credit card, personal loan, or private student loan. 34 banks helping customers impacted by the coronavirusAlly BankMortgagesYou can defer mortgage payments through Ally for up to 120 days. ChaseMortgagesChase is offering mortgage payment assistance. Car paymentsTo request payment assistance for a car loan or other type of consumer loan, visit Regions' loan assistance page or call 1 (866) 298-1113.Credit cardsTo request payment assistance for a credit card, visit Regions' loan assistance page or call 1 (866) 298-1113. Personal loansWebster is offering personal loan payment assistance on a case-by-case basis.

If you need student loans for college, here's a quick guide on how to choose one. APR Variable: 1.79% - 12.99%, Fixed: 3.22% - 13.95% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 3.25% - 13.59%, Fixed: 3.75% - 13.72% Editor's Rating 3.25/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 2.52% - 11.11%, Fixed: 3.89% - 13.16% Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Find your rate On College Ave's website Find your rate On Sallie Mae's website Find your rate On Ascent's websiteHow to choose a student loan1. Research federal loan optionsWhen you fill out the FAFSA, your award letter will outline which federal student loan options are available to you. For example, federal student loan borrowers who go on to work in the public sector are eligible for student loan forgiveness under the Public Service Loan Forgiveness program. Research private loan optionsIf your federal student loans don't cover all of your costs, you may consider private student loans as well.

With the costs of attending college higher than ever, it's important to start saving fpr college as early as possible. Pros Check mark icon A check mark. Includes specific recommendations on how much to save for 529 plan while simultaneously offering advice on other accounts Check mark icon A check mark. Fortunately, one of the smartest ways to get ahead of the game and reduce the debt load post-college is available to anyone: Invest in a 529 college savings plan. What's more, a full 30% of college savings dollars are now held in 529s, compared to 22% of total dollars saved in traditional savings accounts.

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