live from dubai, in tracy alloway. yousef: i am yousef gamal el-din , live from dubai.y are open to growing other elements of the business abroad. we caught up with the ceo who spoke about the coming from annual results and its outlook for the year ahead. >> this year, the rate gained 10% higher than the previous year. so, it would be absolutely normal we see the net profit going down because obviously the growth going forward would never increasee this type of of the realty. our efficiency, operation efficiency as well is very decent. we have access really on managing our costs, net profits before the second quarter of last year -- thatf: let me pick up on because you said there is room for further cost off. how will this take shape as you build and carve out more efficiency? >> well, we are providing services -- and just during this it is absolutely expected that , when you run, and we were running very fast, you don't necessarily do this in the most optimized way. in the last year, i have said we have to kind of stop and when i say, stop, of course, we continue. focu

of dubai.ance co i speak to tells me they are in acquisition mode. this has been a region that is over insured, 30 listed insurers, and 60 companies servicing this very small market. when is the talk going to translate into action? >> obviously, lots of cross contamination is taking place. we are in that phase as well. so much comes into the equation because some are still waiting to get a better price for that transaction to happen. some others are waiting for things to start moving again. some changes are happening. companies, delaying the process. we did present a couple of offers. lots of talk, still no action. we are looking closely. companies aref yourooking at to enhance vision? >> we're looking to complement are offering. we have health and life insurance. , acan offer the remaining one-stop solution for people, such as home insurance, car insurance, etc. timeline?have a >> the process has started. time, whenever it is there, we're ready to move. yousef: what kind of budget do you have

the line in blue is the dubai benchmark. it is on a 100 basis. you would have double your money in cit stocks. question becomes, what are you looking for when it comes to your expansion plans? how about saudi arabia? is that of interest in terms of diversifying away from your overexposure in dubai or the emirates? >> we have a strong base in the uae. mainly in saudi arabia. in saudi arabia we have been there for the last 60 years. in.o have some factoring now, we are planning to have dubai investments alike. we have established the company and we are going to invest -- $250600 million million to start building very close to riyadh. we believe that this is going to give us an edge for the coming few years because that is something that we know we have done. we are going to repeat this in riyadh, angola. theoes this mean that market environment is now finally favorable for you to go ahead and push ahead with those ipos th you have been talking about for a few months? we are expanding, actually. 3 millionound activities, real estate, manufacturing a

where is the dubai-ivo dobby story going to and?ems to be a laptop conviction. -- where is the dubai-of who dobby story going to in? donald trump, pushing back against globalization, really casting a shadow over dubai? mohamad: dubai is the most diversified economy and has links to trade, aviation, and tourism. there is a shadow on the dubai story are the stronger dollar could potentially means slower inflows intoss emerging markets and a buy is the most correlated market to emerging markets in general. that is why -- on the macro story, we think it is still solid. we like it from a fundamental perspective. we think the stock market might decouple this year from the strong economy and there is no -- on investors. the uae is the most owned market, by far, for investors. great to have you on the program. let's look at some of the other stories where looking up this morning, starting up with european union. renew assetto freezes on key allies of russian president vladimir putin. are looking to prolong sanctions already 2014 annexation

holding a press conference in dubai. the electric carmaker looks to partner with hotels and restaurants to install charging stations. let's get out to hadley who joins us from world government summit in dubai. great to see you. tell us all the did you see on the ground in dubai. >> hey, nancy. we're hearing from world leaders but also hearing from a lot of tech giants locally in terms of elon musk. we've heard from him, of course, as you mentioned to bring electric cars to dubai. i'm joined by ceo and co-founder of careem. this is in 11 countries and 52 cities. talk to me about some of the buzz. heard from elon musk, talking about bringing electric cars to dubai. is that something you guys could get involved with? >> sure. first of all, thanks for having me. we do believe that technologies like electric cars will do amazing -- can i restart? >> we're live. >> we're live. welcome to cnbc. >> yeah. so you know, our objective is to reduce congestion in our cities. infrastructure is lacking in many cities. we're working on t

tiger woods has that sinking feeling in dubai.nd cyclist marcel kittel is punched by another rider on tour of dubai. hi there, wherever you are around the world. welcome to sport today. cameroon beat ghana 2—0 on thursday to reach the final of the africa cup of nations. they will play record seven—time champion egypt in the title decider on sunday, in the gabonese capital of libreville. piers edwards covered the match for us. cameroon are through to the final of the african cup of nations, and how theirfans are the african cup of nations, and how their fans are celebrating. and well they might. they beat ghana, many people's favourites before the match, 2—0, with a super display, largely restrict the black stars too few chances. the opening goal was scored after 72 minutes, and after stoppage time the next score ran half the length of the field to secure a famous 2—0 victory in fine style. as there are celebrations from the cameroon bench and outside the stadium from the cameroon fans. we wa nted the stadium from the cameroon fans

what's going to be the next catalyst for the dubai story?is the fact that donald trump is so aggressive in pushing back globalization casting a shadow? >> given as your pleeves guest mentioned, dubai is the most diversified g.c.c. economy and given that it has links to emerging marks be it trade, aviation or tourism. what we're seeing, as you said there's a shadow on the dubai story. could potentially mean that slower greth and less influence in emerging markets and dubai is the most correlated market in general. that's why there's little doubt. on the macro side we think the story is solid. we like it from a fundamental perspective. we think the stock market might decouple from the strong economy. there's no real increment from investors it's the most owned market by foreign investments so an incremental bid will be hard to find. >> coming up on the best of bloomberg markets, dubai released 2016 results and we spoke@company's c.e.o. about the challenges facing insurers in the year ahead. this is bloomberg. ♪ yousef: welcome back to the best

-uaes not just the dubai story. this as a hub to tap into the high net worth in the region. >> there are two ban ki-moon it's >> we are wanting to use dubai as the hub to connect the businesses in these key regions. shery: this is a very competitive market, isn't it? andgroup, hsbc, local banks their private banking units, so what gives you a competitive advantage? are an asian global private bank that provides clients with access to opportunities around the world. at the same time, we understand asia well. for moreeen in asia than 80 years and understand asian clients better than our competitors. provide personalized advice, access to global markets. we partner with the world's asset managers to develop new solutions for our clients in many of these areas, and also in wealth management. that is one of the core strengths of the bank of singapore. shery: you mentioned you partner with many other companies. do you see any need for any local partnerships in the middle east? exploretime, we will that opportunity to see

the market cap of 2-3,000,000,000 dollars is the largest on the dubai stock exchange.e spoke to the ceo and managing director. >> a tough start to the year. he underscored that the challenges are still very much intact. what is your health check on state ofconomy, on the play in this part of the world given the ongoing volatility in global markets? the austerity measures? >> nothing new, actually, you talk about will price and instability in the markets, these are challenges that each and every company has you. we are on a positive for 2017. stability we can see the potential of growth in the region. we feel the global economy is going to grow compared to 2017. thereallenges are still but they are manageable. >> just for context, i put this chart together for our viewers. stock and theic line of blue is the dubai h-mart, you will see you would have doubled your money on dic stock. the question is, what are you looking at when it comes to your expansion plan? it an interests of diversifying away from your overexposure in dubai and the emirate? >> we have very strong bas

you are watching "bloomberg " live fromdle east dubai. i'm tracy alloway. and i'm yousef gamal el-din from dubai. is this plan enough to soften traders support? joining us now jeff. i know you are a gold bug. a know you cheer for gold. the precious metal since donald trump was elected. we put this chart together. it shows the precious metals cents trump was elected, all the way through the beginning of november. would think about a trump proof, it would not be gold, it would not be silver. it has barely moved to the downside. what will be the catalyst for chum going forward? >> when donald was elected, everyone thought that gold would go much higher. it'd the other thing. it will lower. the reality is we have a presidency where you don't know what is going to happen from week to week and that's creating uncertainty and volatility. that's good for gold. gold actually has been doing very well in 2017 so far. it started to creak a bit at the end of last week, and you already mentioned the fiscal package that is likely to come from donald is not likely to be go

they are bidding for dubai on the window. that has led to dubai prices going up. prices would then funnel into oil benchmarks that are used to price crude all over the world. yousef: give us more context in terms of the movement into this prices across the different regions. have significant where they? they? significant were >> this is a significant move by chinaoil. when they purchase middle eastern cargoes, the price of dubai right is compared to other benchmarks in the world. -- rises compared to other benchmarks in the world. dubai prices would rise against these benchmarks. that makes middle eastern oil more expensive than oil that comes from the atlantic basin into asia. yousef: i found fascinating in these numbers is that it tells a bigger story in terms of shifting trade funds -- trade flows of oil around the world. >> when we see the dubai price it princenst wti, fielder arbitrage window for -- arbitrage window opens. yousef: thank you for that, plenty more coming up. this is bloomberg. ♪ andy: is 12:30 in hong kong these are the first word headlines fro

if you have been to dubai, dubai's traffic is terrible by any world city standards. it is awful.ries one person. i'm not sure i'djump in. but if you travel on london underground most of the time you're travelling on a not driver controlled train. not a driverless train, but the trains are driven by computers. so transport systems are largely run by machines rather than men. what happens if you have masses of them up there, that's when it gets scary. and a tube train is not flying 500 feet up! hopefully the technology is good enough so it won't have lots of crashes. less than a minute left. greece is back in the headlines, right. the amount of money it has to pay off between now and july, it's staggering. there are periodic crisis in greece. a good way of gauging is looking at the price of its bonds. its debt? on its government debt. when things are really bad it got above 14%, we're only at 10% and 11%. we are a few minutes away from midnight. only at 10% and 11%. we are a few minutes away from midnightm only at 10% and 11%. we are a few minutes away from midnight. it is the same

and 10th seed, caroline wozniacki, moves through to the second round in dubai. hello there.me to the programme, where we start with the footballing news that arsenal have beaten national league side, sutton united, 2—0 to progress to the quarter—finals of the english fa cup. john watson reports. a special night in the history of sutton ended if? ended by if? ended by the if? in the . theo “fléd n‘he ' fies for ' ' gilléfif 5&153 75 13351415le it could - been 104 arsenal. 104 -, e ii” nonleague side left in only nonleague side left in the competition, lincoln city. we wait to see whether we could see an fa cup giant killer when they make a trip to the emirates later this month. they did the job. it was difficult. it was not an easy game. we have to them credit. every mistake we made technically they took advantage of it. and on this pitch, every little technical move which is not 100%, you lose the ball. and they played very well. where they better than you expected them to be, not in a patronising way. honestly, yes. which is a great credit to them. yet. it is basically divisio

i am yousef gamal el-din in dubai. i am shery ahn and hong kong.autious trading ahead of president trump and janet yellen's speech on friday. take a look at the gmm function, the nikkei has gained this session on the back of a weaker yen, but the dollar has been stalling. there could be some strong selling of the dollar due to portfolio rebalancing flows on the last a of the month. trading belowlar $.78 despite strong overnight gains and a jumps and corporate profits. commodities, rubber leading declines, inventories pretty high in china. it is all to do with president trump and what he has called his public safety budget. yousef: yeah, if you look at how , the 10asury yields year slightly higher as we await more details on the spending priorities. in terms of government spending, how things have worked in the past. pull it up on your bloomberg. this is the chart that tells the story, democrats versus republicans. traditionally, the democrats would have ended up with a balance to budget. the republicans usually with a bigger deficit. , a can s

i am yousef gamal el-din in dubai. shery: i am shery ahn in hong kong.t has just gone midday. markets gaining ground, south korea leading the pack, take a function.r gmm japan's nikkei up .7% because of this slide in the yen, down .5%, also the boj buying etf's and the past three sessions. surging 3.5%, rising three consecutive sessions, the highest level since may 2014. it is all to do with what investors are thinking of right the and it seems to be political environment europe a key focus here. yousef: it is definitely a key focus and point of our discussions. we look for the latest development in terms of the french presidential election, greece. this is the chart you should pull up, the latest recommendation coming from one of the biggest banks in terms of how you can hedge against the political risks out of france. follow it up on your bloomberg. they are suggesting you go straight into the dax, going back to 2011, your money would have been better off there. you can keep your exposure to the reflation trade, but let's do some of these numbers

coming up, a heated discussion about dubai in july.nter park, in the american rockies, can take the train this winter. the winter park express runs from denver's union station every weekend until the end of march. one way fares, for the two—hour trip, range from $39 to $59 with no extra fees for skis or snowboards and there are easy connections at union station with the new railink from the city's airport. next, neil smurdon faces an el ight hour stop over at hong kong airport and wants to know... —— eight. can we exit the airport and go into hong kong? if so, what happens to our suitcases as we don't want to drag them around? so long as you have a passport from one of 160 approved countries, including almost every nation in europe and many in asia and the americas, it's easy. make sure your bags are tagged to your final destination, then you won't need to wait around at the baggage reclaim, you can go straight through passport control into hong kong without problem, just be ready to show your onward boarding pass as proof of your trav

easing past dustin brown, an impressive day for the british in dubai.apulco where she beat bethanie mattek—sands to reach the second round of the wta event there. tom curran has been called up by england for their one day series in the west indies. it's the surrey fast bowler‘s first senior call up after impressing with the england lions over the winter. he will provide cover for the injured jake ball. the first of england's three matches is in antigua on friday. just over a year agojames taylor was playing for england but at the age of 26, after the discovery of a rare heart condition, he had to retire from all cricket. he almost died after falling ill at the start of last season. he has had an internal defibrillator fitted which produces an electric shock if his heart stops. he's told the bbc that the device has already done its job. it has worked and kicked in and it kicked in with the force shall we say, lot of voltage going through my body. it shocked me a few lives across the room. probably because i am small! until do not take a big bloke would h

he came into paris on the 26th of january on a tourist visa for one month from dubai.hough they were stamped the turkey in his passport as well. the police raided his apartment on friday, found phonecards, his passport and various items of clothing. as far as the investigation is concerned, the key issue for the thorough tease is to find out whether he was a lone wolf, operating alone, or whether he was pa rt operating alone, or whether he was part of a sale, a group operating in paris, who could be planning further attacks. as for that, we don't really know. we understand there are a series of investigations on going. a bullet went to the stomach —— he took a bullet to the stomach and is in serious condition. what are the feelings in france as to how this incident went, as they have been a lot more police and guards on the street due to the recent terror attacks. what do people think about the way this was handled because this was an attack that was foiled? this was a supreme vindication of having a pretty high profile military presence on the streets of paris. it's q

has been tolderg that dubai has agreed a $3 billion bank loan to expand dubai airport.to host the world expo in 2020. our sources say the emirate will pay interest rates 2% above libor. hsbc is advising the government on talks, and an agreement expected to be signed within weeks. shery: the uae has approved a new vizio system to attract top in the hopes of attracting top foreign tale nt. the prime minister has ordered that committees be set up to identify the sectors that will be open for the visas. yousef: the legal challenge to president president trump's intensifyn ba set to set to intensify. what are they hoping to achieve with this latest move? technology group of companies are putting together what is called an amicus brief, weighing in on this lawsuit over trumps immigration order. they are saying immigration is central to the country, but also the technology industry. it is so important they would like to open doors again to immigrants from these countries. trump issued this order and a judge has suspended it, and it will be hearings in the ninth circuit court o

that's great.t taimur baig here in dubai.ry: coming up, and expected surplus of sugar may not be as big as some investors are expecting. six possible spoilers just ahead. this is bloomberg. ♪ yousef: welcome back. you're watching bloomberg. inmur baii am yousef gamal el-n dubai. rishaad: i am shery ahn. raising just over one billion pccw will share in hkt.ake invest the money in general corporate services and debt repayment. calling all its fight with the board, saying the company will deal with questions of corporate governance. several board of governors had raised concerns. murthy said he made his point and is confident the board will sort it out. shery ahn swiss voters reject a plan to cut taxation in return for ending breaks for multinationals. argued they would increase the burden on individual taxpayers. is undernd international pressure to give up special treatment for multinationals which generate 12% of the country's economic outlook. sugar traders counting on next season's return to surplus may need to hedge their

yousef: i am yousef gamal el-din in dubai. has been told that donald trump's national security adviser michael flynn has resigned over his contacts with the russian ambassador to the united states, and ongoing story, ongoing concern. was us a sense, this largely anticipated in terms of turmoil. again, the resignation might not have been. give us a sense of the magnitude of setback of the trump administration. >> yeah, this is big. we are three weeks into the administration and they have had a major loss in a key position, national security advisor, which is the closest adviser to president trump on terrorism, national security, even the border. michael flynn came into this job is a highly regarded general. he had run the defense intelligence agency at the pentagon and work for barack obama and was thought to be quite highly qualified, but he did get himself in a jammed with with theversations russian ambassador of the united states, where it appears he talked about the sanctions leveled by barack obama and hinted that trump wo

he came on a tourist visa from dubai.r messages suggest a certain degree of high against the west, the like of which we have seen before, and support for so—called islamic state as well. the investigation focuses obviously on his motive, but also whether or not he has associates within the country, the concern being notjust that there might have been people who might have helped or directed toward this attack, but that it it might be the first of a series of attacks planned. that has been the case in the past, and it is obvious the concern the authorities. they are trying to find out whether others have been working alongside him. and this was an attack that was foiled. the authorities feel somewhat vindicated at having so many armed police on the streets since the previous tax happened ? police on the streets since the previous tax happened? -- previous attacks. yes, i think this is a supreme vindication for what you might call the militarisation strategy, 0peration sentinel here in france. it is notjust police, but heav

if the german wins the title in dubai this week, she'll return to the top of the world rankings.iack is also through to the quarter—finals. she had to come from a set down to beat the ukrainian kateryna bondarenko. wozniacki won the deciding set 6—3. and she will now play cici bellis. the 17—year—old american pulled off a shock victory over the number four seed agnieszka radwa nska. bellis, who's ranked 70 in the world, won in three sets, to claim her first ever win over a top ten player. it was the biggest win of my career and one of the best days of my life, for sure. it was focusing on me and my tennis rather than who i was playing because playing a top—10 player, she has gotten to number two in the world, she is a great player and a champion so really focusing on myself and my game. hungary is to withdraw budapest‘s bid to host the 2024 olympics. the government said there was a lack of political and national unity behind the application, something it blamed on the opposition in parliament. it means only paris and los angeles remain in the running with the ioc deciding on a wi

he'll still be in a position to make a profit as president, as course in dubai.ubai reporters will get a sneak peek of the newest trump property. an 18-whole golf course in the united arab emirates. in a few weeks the course will officially open for business and welcome golfers, making it the first major trump project to debut since he became president. days before the inauguration, he said he would separate himself from his businesses. >> these papers are just a piece of the many, many companies being put into trusts to be run by my two sons. i hope at the end of eight years, i'll come back and say you did a good job. >> reporter: despite his efforts to distance himself, not all documents have been filed. for example, president trump owns at least four corporations with the word "dubai" in their names. to date, none of their management documents have been updated. at least one still lists a president according to the delaware secretary of state. in an effort to show progress has been made, the trump organization released this document, indicating that mr. trump

the 1a time major winner pulled out of this month's dubai desert classic before the second round with the injury. he only returned to action in december after two back operations. great britain will face second seeds croatia in the fed cup promotion play—off tomorrow. their place was sealed after lativa beat portugal in britain's group which meant gb will top group c having won all three ties under new captain anne keothavong. turkey were the latest team to be defeated withjohanna konta and heather watson earning singles victories before laura robson and jocelyn rae won the doubles. right now i'm very happy. that was not easy. to come through that and to have the opportunity to go to the play—off tomorrow, i'm very happy indeed. barry hawkins is into the final of snooker‘s world grand prix in preston. he eased past liang wenbo of china 6—1 — finishing in style with a break of 127. he'll now face either marco fu or ryan day on sunday. that's all from sportsday.

the former world number one failed to card a single birdie at the dubai desert classic.returned to the game after 18—months out with a back injury, slumped to an opening five—over par round of 77. that's 12 shots behind leader sergio garcia who carded a round of seven under par. england's ian poulter is the highest placed british player — two shots behind the spaniard. boxer chris eubankjunior will attempt to win his first world title fight on saturday. he will challenge australian reynol kwinlan for the ibo belt. but questions have been raised about the credibility of the belt, as ade adedoyin explains. 27 years ago, chris eubank senior won his first world title. on saturday, his sun christian will attempt to do the same. forjunior, it is about against the little—known australian quinlan. this will take me to the big—time. i will be able to challenge all the others in this division. he is odds-on favourite. you will see what the underdog is capable of. the ring is getting ready. still concerns about the credibility of this fight. is it a genuine world title? critics hav

tiger woods has that sinking feeling in dubai.hed by another rider on tour of dubai. hi there, wherever you are around the world. welcome to sport today. cameroon beat ghana 2—0 on thursday to reach the final of the africa cup of nations. they will play record seven—time champion egypt in the title decider on sunday, in the gabonese capital of libreville. piers edwards covered the match for us. cameroon are through to the final of the african cup

they made her sign a pledge to not put her life in danger in dubai ever again.is? if she fell i don't think she would have survived. >> probably not, from watching i don't know if i need a xanax. she's so hot, but on the other side, when people do this i want them to fall into die. really for them to just let go. >> tom: obviously, whenever you see a death-defying event like that, there is some -- >> i'm rooting for bad things to happen. >> tom: that's why people think we look at these things. she's beautiful, right? do you think the video would get more or less abusive it was just a regular old joe? they'd still get views. >> to an extent, but she's a babe. i did do her. >> an anecdote, just to -- [laughter] >> my 7-year-old son who i love with all my heart likes to watching these death-defying high-rise back flip videos with these dudes who are not babes who you might not necessarily want to have congress with, everyone who seven is totally down with it anyway. why, i ask myself? i don't understand, but if you try to eliminate the risk from respectable public

the bright lights of dubai oi’ under 30. the bright lights of dubai or london are all too tempting.ding a 31—year—old deputy crown prince, are trying to encourage them to spend their time and money at home. we are changing fast but we have to do have the women driving festival and cinemas. the winds of change started blowing from her. —— here. this is the empty quarter. the world's richest oil fields. the empty quarter. the world's richest oilfields. no the empty quarter. the world's richest oil fields. no other industry provide so much cash to the kingdom, 90% of its revenues. but low world prices cut those earnings in half. and that means an end to the state's largesse. when i went to see the powerful oil minister in the capital, riyadh, he admitted, it would not be easy. for sure, they will be paying, no pain, no game is very much at play here. the middle class are already hurting i am told, especially subsidies to fuel, water. for sure. and what those pains will do is mobilise people to do new things they are not used to doing. saudis have enjoyed cheap petrol, lavish perks, no

to thedefinitely thanks recent -- imposed by the government of dubai for residents to have.t contributed to the growth of this company this year. >> every insurance ceo i speak to tells me they are in acquisition mode. this is a region that is over insured. , 60ave 30 listed insurers companies servicing this small market. when is the talk going to translate into action? it examinations is taking place. we are in that phase like everybody else. so much comes into the equation because some are still waiting to get a better price for that transaction to happen. others are waiting for things to move again. some changes are happening at the board of directors of some companies. we did ourselves present a couple of offers. talk, still no action. we are looking with the authorities helping us towards this as well. >> what kind of companies are you looking at to enhance your vision? >> we are looking to complement our offering. we have health and life insurance. , we cane to acquire it offer a full one-stop solution for people such as home insurance, car insurance. we are looking at

roger federer easily made the second round of the dubai open, with a straight—sets win over frenchmane. federer‘s recent victory at the australian open was a reminder that the swiss should not be underestimated, even at the age of 35. federer, the third seed, turned it on for the crowd. the world number one, andy murray, plays his first match in dubai on tuesday, and he is taking federer‘s form seriously. we played twice here, once in the final, you know, where he beat me, and we actually played in the first round number of years ago. it was very the tough first round. i managed to win, but roger obviously loves the conditions here. fairly quick, and also he has spent a lot of timei quick, and also he has spent a lot of time i think training here in these conditions over the years, so he feels comfortable here. and he has had great success. i think he has had great success. i think he has won his seven times. so it is not easy to play against him here. mercedes and ferrari had impressive starts to formula i pre—season testing, as red bull and mclaren hit trouble. lewis hamilton was fa

. >> it's dubai.do buy everything. >> tom: coming up, a 7-year-old tries to get a job at google. that's a girl who knows how to bring yourself up by her own bootstraps. >> live from america's news headquarters, i'm anita vogel. vice president mike pence is in munich, germany. he attends a conference before going to belgium. he's meeting with european leaders to reassure them about the u.s. commitment to nato and the european union. we are expecting to hear more from the vice president later this hour as his meetings began. resident trump toward the boeing plant in south carolina. he took part in the reveal of the new version of the 787 dreamliner. the president using the event is using it to celebrate american-made products and jobs. scott pruitt compared as the head of the epa on friday. critics work against the opponent because of his ties to the oil and gas injury. a judge is ordering pruitt to make available thousands of -- democratic leaders responding to the g.o.p. who are accusing them of slowi

but i told him, itold him in dubai and i told him, itold him in dubai and i told him, itold him in dubaise small things that are ruining or damaging 01’ things that are ruining or damaging or affecting his rhythm are no good for him, no good for us, no good for a call—up in the england squad. a blow for arsenal this morning with the news that midfielder santi cazorla is out for the season as he recovers from ankle surgery. the spain international has been out of action since october and has undergone an operation and it was expected that his recovery would take around three months. but arsenal now believe the 32—year—old will need longer on the sidelines and expect him not to feature again this season. world champion constructors mercedes have unveiled their new car for the upcoming formula 1 season. it will be going a lot faster than this when the season starts next month in australia. but for now lewis hamilton, who was joined by new team mate valtteri bottas today, took the car for a few laps around a very blustery silverstone. how michael said the car felt incredible. —— hamilton sai

authorities say a man who tried to attack the louvre yesterday is an egyptian, who came to paris from dubai on a tourist visa eight days ago. also in the next hour: planning to transform the north of england. labour say they'd legislate to limit future price hikes by the energy companies. they commit to deliver a crossrail for the north amidst a programme of infrastructure investments. and in dateline london, here on bbc news in half an hour: should donald trump be welcomed in britain? good morning and welcome to bbc news. a federaljudge in the us has temporarily blocked — nationwide — president trump's controversial migration order. judgejames robart in seattle said there'd been no terror attacks in the us by people from the seven countries named in the ban — and the order had to be based on fact, not fiction. those seven countries include syria, yemen and libya. the white house immediately said it would appeal, but customs officials told us airlines overnight they can resume boarding banned travellers while the legal challenge continues. our correspondent greg dawson has the latest. on am

tiger woods is in danger of missing another cut as he struggled after the first round of the dubai desertssic. the m—year—old, who has only recently returned to the game after 18 months out with a back injury, slumped to an opening five—over par round of 77. that's 12 shots behind leader sergio garcia who carded a round of seven under par. england's ian poulter is the highest placed british player — two shots behind the spaniard. ukrainian cyclist andriy grivko has been disqualified from the tour of dubai, after punching fellow rider marcel kittel in the face during stage three. kittel — seen here in the blue with blood pouring down his face — has called for grivko who rides for the astana team, to be banned from cycling for six months. astana have posted an apology on social media but kittel says he won't accept it. the german still leads the race after winning the first two stages. that's all from sportsday. coming up in a moment, the papers. welcome to our look ahead to what the papers will be bringing us tomorrow. we have matthew syed. the financial times leads on the bank of england'

he lived if dubai with his family for 20 years was second to the program last summer. but the final interview was pout hold when president trump signed the travel ban. >> nothing except we cannot do anything. schools, university, you have to make a plan. you have to invest. you have to do a lot. now nothing is certain. >> developers use the so-called eb five program to get low cost funding. each $500,000 investment must generate at least ten jobs. president trump's son-in-law used $50 million worth of the money to develop this rental apartment come pleasure. it has generateds thousands of jobs, green cards. >> people are very concerned. is it going to affect me? what is the next thing he is going on put in place? >> malik and her partner are attorneys who assist investors in the program. >> a lot of insecurity in understanding the current administration and their ability to rewrite executive orders so that perhaps it is more narrowly tailored. >> her son, a straight a student, has already been accepted to two u.s. universities. but a school sponsored trip to boston was

japanese lawmakers approve a record budget, seek ties with airbus and wagy in dubai. olympic athletes first try out a mutually beneficial strategy. first 16 countries including japan, india and china are meeting in kobe for trade talks since u.s. pulled out of trans-pacific partnership negotiators have been focusing on a regional pact. the regional comprehensive economic partnership would account for half the world's population and 30% of global gdp. asean countries are also participating. representatives will discuss terrorists, investment and intellectual property rights. >> this was to assure free trade and take leadership to provide a good in the region. >> japanese aiming for high-l-level trade liberalizati to help businesses overseas. india want to protect industries. talks continue through friday. >>> japan's lower house approved largest ever state budget for fiscal year that begins in april. the package is worth $870 billion. the ruling liberal democratic party says budget will help stimulate economy to pull the country out of deflation. it features spending t

a lot of upside pressure in dubai, up 2.4%.dolizing key terms of the recapitalization plan by the end of march. 's leading gains. we did see weakness in property stocks as well. egypt, we are seeing foreign investors taking profits, following the index down a little over 2%. headlinesow taken on from around the world. >> president donald trump delaying the release of his revamped immigration plan until next week. official terms said the new executive order would be announced this week. causedginal plan confusion or u.s. air force, triggered protests, and was blocked in the courts. treasury secretary steve mnuchin dollar jirga's confidence in the u.s. economy and its appreciation over the long-term is a good thing. gains in theent dollar to support for donald trump who said before winning the election that he favored a weaker currency. independent french president candidate emmanuel macron has agreed to an alliance with his rival. polls show marine le pen leading . >> i believe that if he wants to for french politics, he should

como pueden ver en imÁgenes de la modelo rusa quien se colgÓ de uno de los edificios mÁs altos de dubaydo con sus promesas. ice detuvo a 680 personas en varios estados de la naciÓn,

dubai reported an 8% rise in profits to $1.7 billion.controlled investment firm says all of its businesses are performing well and helping to contribute to profitability. there is a new deadhead and town in saudi arabia. debt issuances, rumored to be around $50 billion by 2017. let's get more on the story. great to have you on the program. let's talk about this change then. what does it mean for the kingdom's plans to issue that debt? think the message they are trying to send is they are trying to get back on track after the departure of the head of the debt management office. there was some talk that this would affect the timeline for the bond program going forward. the kingdom has said they did want to get in issue out into one. they areave told that going forward lightly now with the changes at the dmo. this is really the government trying to get some momentum back into that process. the question will be is he now the full-time head? because of the moment he is named as an acting head of the dml. -- of the dmo. or will someone come in

his adult sons opening a golf course in dubai. a lot of that is on your bill.nding most days in trump tower. president trump talking tough, putting iran on notice. what does the average iranian think about that? >> donald trump, he's just talking. i think he's just talking and he doesn't have anything to do. or is it your allergy pills? holding you back break through your allergies. introducing flonase sensimist. more complete allergy relief in a gentle mist you may not even notice. using unique mistpro technology, new flonase sensimist delivers a gentle mist to help block six key inflammatory substances that cause your symptoms. most allergy pills only block one. and six is greater than one. break through your allergies. new flonase sensimist. ♪ we'your most extraordinarybut withmoments happenses when you feel small. when you're completely outnumbered, overshadowed, and outshined. so what if you dared to explore this great big beautiful pond. what if you dared to feel small. celebrate our princess anniversary sale with award winning itineraries. 7 day fares fr

people in dubai could beat traf a self-driving hover taxi. dubai leaders say they want the one-man vehicles in the air by this july. this is test video from the hover taxi maker. a tab net inside lets people pick several programmed predestined locations and they can fly at an outlet of 1,000 feet. nobody is flying it. it's like a drone. michelle: 60 miles per hour? jonathan: they say "as the crow flies." nobody is at the controls. i said that, right? michelle: scary. jonathan: would you do it? doug: no. maybe ten years ast when they get it figured out. let's tell you the weather story on nold. the current temperatures from 41 in ashburn and centreville. 43 in clifton. manassas. warrenton is 44. it's not that muc on the east side of town. cool side in largo is 40. cooler in laurel with 38 degrees. the skies will stay clear tonight. wind gusts at the top of the hour. 21 miles per hour gusts at luray. 18 at annapolis. those are the strongest gusts around the area. the winds are history for us. we have a calm night going through. we have clear sk

others evacuated t from dubai. these are two students at the university of georgia. they were looking for the mona lisa. >> it was scary. they told us to open our purses. oh, no! >> very intimidating. >> france was already on high alert. in nice last summer. french police stay suspect who is still in the hospital bought his machete here in paris two days after arrived from dubai. now authorities are trying to determine if he acted alone. back to you. >> tonight white house says it hopes to have its public comment phone lien up and running soon. since president obama left office, calls have been answered by a phone message directing the caller to leave their comments online. a california congresswoman introduced a will to bring obligation to lrn to the american people. >> that's like a king pulling up the moat because he doesn't want his subjects to be able to respond to him or be heard. >> the white house correspondents' office handles all of those incoming messages. it has been operating without a director for two weeks. the new director starts on monday. >> in less

attack the louvre museum early on friday was an egyptian who came to paris on a tourist visa from dubai to the french authorities. police are trying to establish if he was acting alone. the suspect was critically injured after he was shot by french soldiers, as he began his assault. cancer affects hundreds of thousands of people in the uk every year but one in ten patients with the disease have no close friends to speak to about what they're going through. that's according to macmillan cancer support which has released new research to coincide with world cancer day as andy moore reports. a diagnosis of cancer is bad enough to cope with, the macmillan cancer charity has carried out researcher that shows just how difficult it can be to talk about the disease and get help. the study found that around 9% of sufferers, or about 230,000 people, had no close friends to talk to. around 12% said they had lost touch with friends because of their disease. 43% said they could not have coped without the support of theirfriends. macmillan also said that people found it difficult to talk to communicat