Cloudera CEO Tom Reilly ringing the bell at the NYSE Friday. Cloudera closed out its first day of trading on the New York Stock Exchange with its share price up 20 percent to $18.10. The Apache Hadoop-based software and services distributor started trading Friday morning at $17.80 a share under the ticker symbol CLDR. On Thursday evening, Cloudera priced its shares at $15, raising around $225 million […]
Dubai’s transport authority has announced that it will start diversions on a section of Ibn Battuta Street to carry out work related to its Route 2020 project. The Roads and Transport Authority (RTA) said one lane will be closed between Intersection 2 and 6. The diversion will remain in place until the vital project is completed. Route 2020 extends about 15 kilometres from Nakheel Harbour and Tower […]
SHARJAH // Internet safety and giving back to the community were among the pressing issues on the agenda at Sharjah Children’s Shura Council. Children aged 10, 11 and 12 discussed the need for greater smartphone awareness and more giving initiatives, in line with the Year of Giving. The Council was attended by 66 young council members, Brig Saif Al Zari, director of Sharjah Police, and Marwan Al […]
Wearing Bouguessa, Aden attends the Runway to Runway launch in Abu Dhabi. Courtesy Etihad Airways Halima Aden visited the Sheikh Zayed Grand Mosque during her stay. Courtesy Etihad Airways Halima Aden at The Emirates Palace Hotel. Courtesy Etihad Airways Halima Aden poses with a falcon at Etihad Airways launch of Runway to Runway rewards programme. Courtesy Etihad Airways Model Aden at The Emirates Palace hotel. Courtesy Etihad […]
Hotels in Saudi Arabia suffered during the first quarter of 2017 with occupancy, rates and revenues all showing double-digit decreases, according to new figures. Data released by hospitality analysts STR revealed that hotel occupancy across the Gulf kingdom averaged 58.3 percent in Q1, down 10.4 percent on the year-earlier period. STR also said that average daily rates (ADR) in Saudi Arabia slumped by 12 percent to SR578.09 […]
Sadara’s 26-plant chemical complex makes strong headway towards full operation with completion of plastics envelope JUBAIL, Saudi Arabia, April 27, 2017 – Sadara Chemical Company (Sadara) announced today the startup of its fourth and final polyethylene unit, the High Pressure Low Density Polyethylene (HP-LDPE) Train. This marks a significant milestone for the company as it continues to bring its world-scale manufacturing facilities on stream. The HP-LDPE Train […]
Elon Musk shows off a video about his tunnel boring company, The Boring Company, a self-driving Apple test vehicle is spotted in the wild and Cloudera and Carvana each price their IPO at $15; one does well, the other not so much. All this on Crunch Report. Read More Via ASDA Alltop
From the Slope of Hope: Earlier this week, my son asked me a sincere question: “How come Marissa Mayer got $200 million by screwing up Yahoo?” It was a good question, and one I had trouble answering at first, because I’d like him to think that there’s some level of fairness, meritocracy, and sensibility to this world of ours. In Mayer’s case, however, there is none. Her entire massive fortune is […]
That it fell to Barcelona’s Lionel Messi to score the match-winning goal away to arch-rivals Real Madrid on Sunday was of little surprise to his legions of devotees, who already view the diminutive Argentinian as something of an immortal giant on the football field, and even to casual fans. El Clasico – the lyrical Spanish name for matches played between the two powerhouses of the country’s domestic […]
At Al Azhar, he embraced the mosque’s Grand Imam, Ahmad al-Tayeb, who urged the West not to hold an entire religion “accountable for the crimes of any small group of followers.” Continue reading the main story Pope Francis then turned to matters of state, seeking to encourage progress on human rights from his host, President Abdel Fattah el-Sisi. Mr. Sisi ousted the Muslim Brotherhood in a military […]
Ras Al Khaimah has reaffirmed its position as the region’s fastest growing tourism destination for international travellers following increased year-on-year visitor numbers during the first quarter of 2017. New figures reported by Ras Al Khaimah Tourism Development Authority (RAKTDA) revealed that overall visitor arrivals to the emirate in Q1 grew by 8.3 percent year-on-year. With domestic tourism still the single largest contributor to Ras Al Khaimah’s tourism […]
It has been a long time since an HP business device made me sit up and take notice, but the latest Elitebook x360 has changed that. In a world where manufacturers continue to push tablets with keyboards as productivity devices, I’m increasingly convinced that convertible laptops are the superior option. The Elitebook x360 1030 G2 is first and foremost a very good laptop, and the ability to […]
US hotel giant Hilton has announced that it has more than 16,000 rooms under construction in the Gulf region which will open by 2020. Hilton CEO Chris Nassetta underlined the importance of the region to his company’s ambitious expansion plans. He said Hilton has a total of over 21,000 rooms in its pipeline across the Gulf, with the six markets of the GCC contributing more than a […]
ABU DHABI// The contribution made by labourers in helping to build the UAE was praised yesterday by Sheikh Nahyan bin Mubarak, the Minister of Culture and Knowledge Development. He was speaking to thousands of labourers at the Al Dar Camp 3 on Yas Island, as part of early celebrations to mark International Labour Day in the capital. Sheikh Nahyan thanked them for their hard work over the […]
When it comes to cars, I take the philosophy of buy and hold – possibly motivated by my regular beat as a personal-finance journalist. If you’re going to buy new, which I resorted to after being horribly stung by poor-quality second-hand motors in the UAE, the only way to justify the high outlay is to keep the car as long as possible. Which is why my family […]
Alphabet/Google announced first quarter financial results that beat Wall Street estimates. But the jump in revenues hides a large problem that hasn’t been solved. From Matthew Lynley at Techcrunch The Google core business is, as usual, quite boringly efficient. We tend to see the same story every quarter – the value of each ad (cost-per-click) goes down while the number of ad impressions goes up, and Google […]
Photo Army soldiers carried the remains of Army Sgt. Joshua Rodgers on Friday. Sgt. Rodgers and Sgt. Cameron Thomas were killed in Afghanistan during a raid on Wednesday. Credit Cliff Owen/Associated Press WASHINGTON — Two American soldiers who were killed in Afghanistan during a raid Wednesday night may have been struck by so-called friendly fire, the Pentagon said. The Defense Department identified the soldiers as Army Rangers, […]
Average apartment sales prices in Abu Dhabi fell by 1 percent in the first quarter of 2017 while villa prices slumped by 9 percent amid wide-scale downsizing in the emirate, according to Chestertons. The real estate agency’s Abu Dhabi Residential Market Q1 2017 report also said rents for apartments and villas fell by 3 percent in the same period. “Sales prices are expected to further decline due […]
I was at an event recently that screened a 1956 short film—Key to the Future—in which GM envisions what self-driving cars would look like in 1976. The footage—with a uniformed guy in a control tower directing a singing family along a highway for autonomous vehicles—inspired chuckles from the audience. One aspect of the video that did become a reality is the interstate highway system, a […]
28 April 2017 Beirut, April 27, 2017 US$ 43.9 billion of assets US$ 36.0 billion of customers’ deposits US$ 17.0 billion of loans to customers Advertisement US$ 3.8 billion of shareholders’ equity US$ 110 million of net profits in the first quarter of 2017, of which 23% from Odea Bank and 10% from Bank Audi Egypt, raising the contribution of entities abroad to consolidated net profits to […]
Your daily guide to community and cultural activities across the Emirates for April 29, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Film screenings Register […]
Boarding completed, seatbelts are fastened and the aircraft is slowly rolling over the tarmac to the runway, almost ready for takeoff. But before the plane can leave the ground, all passengers are made aware of the safety features on board via video on screen. Safety videos are a necessary form of visual communication to ensure all passengers can follow procedures in case of an unlikely emergency. However, […]
Microsoft’s latest Fast Ring PC Insider build brings back a feature that the company cut from the Creators Update: My People. Windows 10 Build 16184 for PCs, which Microsoft released to testers on April 28, includes this feature which makes it easier to communicate with selected contacts. My People allows users to pin specific people (current limit is three) to the taskbar; view multiple communication apps together; […]
A engine section structural qualification test article for NASA’s new rocket, the Space Launch System, is loaded onto the barge Pegasus at the agency’s Michoud Assembly Facility in New Orleans. The test article now will make its way from Michoud to NASA’s Marshall Space Flight Center in Huntsville, Alabama, for structural loads testing. Source link
