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ARABIAN POST SPECIAL

Columns

Iran, Hezbollah and Al Qaeda

|By Abdullah Aljunaid|The Alliance of Iran, Hezbollah and al-Qaeda and the attacks of September 11th 2001 Judicial rulings have shown that the calamitous and tragic events of September 11 were bourn of a relationship between Iran and Hezbollah and al-Qaeda. Will the coming days reveal a similar relationship with Daesh too? Hezbollah is widely known for its support of terrorism, forinciting sectarian strife in the Arab countries, and for the cooperation of its members with drug dealers in Europe, North and South America, Africa, as a means to finance […]

October 18

What's On

Tech Titans Aim To Supercharge Data Center Servers with OpenCAPI

Google, Hewlett Packard Enterprise and IBM are among nine tech giants coming together to promote a new standard for data center servers. Designed to speed up server performance, the OpenCAPI specification is aimed at helping businesses better handle today’s increasingly data-intensive workloads. Working together as part of the new OpenCAPI Consortium, the industry partners said they expect that the first products based on the new standards will […]

October 14

Biz Tech

Samsung’s ditching of flagship phone portends Android turf war

By Julia Love and Deborah M. Todd Samsung Electronics’s abandonment of the Galaxy Note 7 due to safety concerns will likely touch off a turf war among Android smartphone makers, analysts said, presenting them a rare opportunity to gain share but with less room for archrival Apple Inc. Consumers tend to commit to their choice between Apple’s iOS operating system for smartphones and Google’s Android, leaving Samsung’s […]

October 12

What's On

Yahoo Bars the Door to Fleeing Users, Disables Auto-Forwarding

Breaking up can be hard to do, especially when one party is unwilling to let go. Users of Yahoo’s email service are learning that lesson the hard way, as the company has discontinued its email forwarding functionality, at least for the time being. Since the beginning of this month, several account holders have reported that they can no longer activate mail forwarding. As for Yahoo, the company […]

October 11

Biz Tech

Apple stock hits highest since December on Samsung Note 7 fire crisis

By Noel Randewich | SAN FRANCISCO SAN FRANCISCO Apple Inc’s (AAPL.O) stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung Electronics Co Ltd (005930.KS) suspended production of its flagship Galaxy Note 7 smartphones following reports of fires in replacement devices. Fires in the smartphones that were meant to replace devices that had been recalled because of their propensity to explode […]

October 10

Middle East

U.S. Suspends Talks With Russia on Syria

WASHINGTON — The United States formally suspended talks with Russia about the protracted Syria conflict on Monday because of the Russian military’s role in the assault on the besieged Syrian city of Aleppo. The United States also shelved plans with Russia for the joint military targeting of jihadists in Syria, the State Department said in a statement. The American step reflected aggravated tensions with Russia on a […]

October 03

Biz Tech

Cognizant says conducting corruption probe; president replaced

IT services provider Cognizant Technology Solutions Corp (CTSH.O) said it was conducting an internal investigation into possible violations of U.S. anti-corrupt practices laws related to payments in India, sending its shares tumbling on Friday. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta, the head of IT services. Cognizant, which gave no reason for Coburn’s departure, did not respond to […]

October 01

What's On

Apple Reportedly Opening an R&D Center in China

Apple Inc. is reportedly planning to open its first research and development center in China, allowing the tech giant to extend its reach in a vital market and maintain goodwill with the Chinese government. The Cupertino tech giant will eventually invest 300 million yuan, or $45 million, in the facility, which will have 500 employees, according to the state-run China Daily newspaper. Zhongguancun Science Park, a Beijing […]

September 30

What's On

Europol Warns of Worst Cybercrime Threats

The European Union’s law enforcement agency, Europol, issued a warning today regarding the cybercrime threat landscape, particularly threats emanating from the so-called “Darknet.” Produced by Europol, the “2016 Internet Organized Crime Threat Assessment” report, outlines the biggest threats online. The annual report concluded that techniques that have normally been associated with cybercrime are now extending into other crime and threat areas, said Rob Wainwright, director of Europol. […]

September 28

AutoMotiv

Will Self-Driving Cars Eliminate Auto Insurance?

Recently, Tesla’s Elon Musk suggested that driving your car could someday become illegal. Don’t start shredding your driver’s license just yet, but he’s right — and that day could be here sooner than you think. According to Business Insider, fully autonomous vehicles – those that can drive from point A to point B without driver interaction – will debut as soon as 2019. And these autos will be only a […]

September 27

Featured

High gold prices killing off Indian demand; implications for Dubai

|By Arabian Post Staff| High gold prices are threatening India’s status as a leading importer of gold and this has significant impact on Dubai gold trade. According to Indian reports, the Indian gold bazaars have seen a mass movement of people selling their gold jewelry. The market has transformed from whole sellers and brokers to individual gold sellers looking to take advantage of the high price of gold, […]

September 26

Featured

UAE banks restructure AED 7b worth SME loans

|By Arabian Post Staff|Up to AED 7 billion in outstanding loans were restructured by UAE banks through negotiations with over 1700 small and medium enterprises in distress, the UAE Banks Federation has revealed. The restructuring was done under an initiative of the Federation named “Modus Operandi”. The initiative was launched by the Federation earlier in the year under which lenders to SMEs experiencing repayment difficulties agree to […]

September 20

Asian News by Media-Outreach, GCC Focus

5-fold increase in GCC chemistry patents

|By Arabian Post Staff| Patent grants from the GCC in chemistry have seen a five-fold increase in the last decade, according to the World Intellectual Property Organization (WIPO). Producing up to USD102.6 billion worth of products a year, petrochemical industry is a main generator of patents from Gulf region along IT and electronics. “The petrochemical industry in the Gulf is of global standards where there is an […]

September 14

Banking & Finance

Digital divide in wealth management industry

|By Arabian Post Staff| There is a growing digital divide between those wealth managers who offer engaging and client-friendly websites that are continually updated and improved, and those who are lacking in a number of key areas. The quality of the websites of the latter group is, at best, stagnating, and mobile websites in particular remain a weakness. These are the key findings of the new report […]

September 09

What's On

Apple Unveils iPhone 7, New Apple Watch Series and More

Unveiled at Apple’s special event in San Francisco today, the new iPhone 7 and iPhone 7 Plus can be ordered starting this Friday and are set to hit the market on September 16. The latest generation of Apple’s smartphones (pictured above) will introduce a number of new features, including water and dust resistance, an advanced 12-megapixel camera and an A10 Fusion chip architecture billed as twice as […]

September 07

What's On

Apple Says Several Billion Dollars Set Aside for U.S. Taxes

Apple Says Several Billion Dollars Set Aside for U.S. Taxes Apple’s chief executive says the company has put aside “several billion dollars” to pay tax liabilities in the United States as it repatriates some of its huge overseas earnings. Tim Cook told Irish state network RTE in an interview broadcast Thursday that the money, part of profits from 2014, should be brought back to the U.S. next […]

September 01

What's On

Apple's iOS 10 Is Almost Here: What We Know So Far

Set to arrive on September 30, iOS 10, the latest update of Apple’s mobile operating system, will offer a number of new features, including a redesigned lock screen, a more intelligent Siri digital assistant and new looks for other apps. One improvement to Siri will be especially welcome for at least one famous iPhone user: Barbra Streisand. In an interview over the weekend, the singer told NPR […]

August 22

What's On

Report Says Samsung May Begin Selling Refurbished Phones Next Year

Beginning “as early as next year,” Samsung may start selling refurbished smartphones directly to consumers. The new resale program is aimed at strengthening Samsung’s earnings as global phone sales slow down, according to report today citing “a person with direct knowledge of the matter.” Offering lower-cost refurbished phones could also help Samsung better compete against Chinese manufacturers whose cheap devices have cut into its sales, especially in […]

August 22

Featured, India Takes

Emaar India’s own ‘Panama Papers’

|ARABIAN POST SPECIAL| On April 13 this year, Emaar Properties disclosed to the Dubai Financial Market (DFM) that the company has agreed to take steps for a demerger of Emaar and Emaar MGF, the premier Dubai developer’s Indian joint venture. Beginning next week, the Arabian Post launches an investigative series on Emaar’s botched India experiment, which has cost the company billions in write-offs, embarrassing prosecution of the […]

August 22

What's On

Uber Buys Self-Driving Truck Biz and Tests Autonomous Cars

Just months after its public launch, the self-driving truck startup Otto has been purchased by the ride-hailing giant Uber for an undisclosed amount. According to a Bloomberg estimate, the deal could be valued at about $680 million. Uber, whose “anyone-can-be-a-cabbie” business model has already shaken up the taxi industry, is also looking to provide autonomous car services in cities. Later this month, the company plans to begin […]

August 19

What's On

Uber Buys Self-Driving Truck Biz and Tests Autonomous Cars

Just months after its public launch, the self-driving truck startup Otto has been purchased by the ride-hailing giant Uber for an undisclosed amount. According to a Bloomberg estimate, the deal could be valued at about $680 million. Uber, whose “anyone-can-be-a-cabbie” business model has already shaken up the taxi industry, is also looking to provide autonomous car services in cities. Later this month, the company plans to begin […]

August 19

What's On

Uber Buys Self-Driving Truck Biz and Tests Autonomous Cars

Just months after its public launch, the self-driving truck startup Otto has been purchased by the ride-hailing giant Uber for an undisclosed amount. According to a Bloomberg estimate, the deal could be valued at about $680 million. Uber, whose “anyone-can-be-a-cabbie” business model has already shaken up the taxi industry, is also looking to provide autonomous car services in cities. Later this month, the company plans to begin […]

August 19

What's On

Uber Buys Self-Driving Truck Biz and Tests Autonomous Cars

Just months after its public launch, the self-driving truck startup Otto has been purchased by the ride-hailing giant Uber for an undisclosed amount. According to a Bloomberg estimate, the deal could be valued at about $680 million. Uber, whose “anyone-can-be-a-cabbie” business model has already shaken up the taxi industry, is also looking to provide autonomous car services in cities. Later this month, the company plans to begin […]

August 19

What's On

Uber Buys Self-Driving Truck Biz and Tests Autonomous Cars

Just months after its public launch, the self-driving truck startup Otto has been purchased by the ride-hailing giant Uber for an undisclosed amount. According to a Bloomberg estimate, the deal could be valued at about $680 million. Uber, whose “anyone-can-be-a-cabbie” business model has already shaken up the taxi industry, is also looking to provide autonomous car services in cities. Later this month, the company plans to begin […]

August 19

Featured Blogs

Chief Strategy Officers say Digital Disruption is inevitable, but few are prepared, finds Accenture report

INTERNATIONAL.  Nearly all of the Chief Strategy Officers (CSOs) surveyed by Accenture (NYSE: ACN) around the world acknowledge that digital disruption will reshape their industries, but very few are equipped to navigate the change. Those who feel most prepared are embracing new strategic alliances, devising more collaborative ways of operating with partners, and making themselves indispensable within a broader ecosystem.  For the report ‘Thriving on Disruption’, the Accenture […]

August 18

What's On

PwC Sees Changing Climate for Cloud Companies and Software Industry

As more and more enterprises give up license-based software in favor of faster, more convenient cloud services, the software industry itself is changing dramatically, according to a recent report from the advisory firm PwC (formerly known as PricewaterhouseCoopers). Although legacy software companies that have moved into the cloud are reaping the benefits of the growing “as-a-service” ecosystem, they are also facing some risks. The “PwC Global 100 […]

August 16

What's On

Samsung's Galaxy Note 7 Drawing Rave Reviews So Far

Has Samsung finally come up with a giant killer of a mobile device that can give it genuine leverage against Apple in that market? If the early reviews of the Galaxy Note 7 are any indication, that just might be the case. The Samsung Galaxy Note 7, set for release this week, has drawn almost unanimously positive reviews from technology media outlets. The Galaxy Note 7 is […]

August 16

What's On

Google's Building a New Operating System Dubbed Fuschia

Apparently, Google is working on a new operating system called Fuchsia but not much is known about it. Early evidence indicates that the new operating system might be a catchall OS that can run on computers, mobile devices and even Internet of Things devices. So far, Fuchsia consists of some work on Google’s code repository and on the GitHub code-sharing Web site. News of the new OS […]

August 15

Featured

A third of gold supply this year came from consumers selling jewellery

|Arabian Post Special| Sale of gold jewellery for cash is emerging as one of the major sources of gold supply and is accounting for almost a third of total supplies to the market this year. According to the World Gold Council, the high price level of gold in recent times has taken its toll on the jewellery sector and conversely recycling has sparked into life. Jewellery consumers […]

August 13

What's On

Court Says FCC Can't Stop States from Blocking City Broadband Efforts

A federal appeals court yesterday ruled that the Federal Communications Commission (FCC) overstepped its bounds when it issued an order to preempt state rules limiting the development of municipal broadband networks in Tennessee and North Carolina. The decision was welcomed by the telecom industry, which has in some places fought against city-led efforts to expand broadband services to more people. Supporters of local broadband expressed disappointment and […]

August 11