|By Matein Khalid| Janet Yellen confirmed the Wall Street consensus that the Federal Reserve will raise its overnight borrowing (Fed Funds) rate at the March FOMC. Wage growth, inflation, crude oil, asset prices, economic data momentum and Trump’s fiscal stimulus all reinforce the dual mandate logic of a rate hike. Only a really awful February non-farm payroll shock (consensus is 200,000 jobs) will avert a rate hike […]
Sheikh Nahyan bin Mubarak showed off his table tennis skills in a video shot by his daughter. The Minister of Culture and Knowledge Development is often seen taking part in activities while at events and community initiatives. In a video posted by his daughter, Sheikha Alyazia bint Nahyan bin Mubarak, Sheikh Nahyan reveals his talent for ping pong. The minister is seen volleying the ball back and […]
Your daily guide to community and cultural activities across the Emirates for March 9, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani 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 Music festival Buy […]
Christopher Lutz of IBM Research Almaden standing with the IBM microscope used to store data on a single-atom magnet Image: Stan Olszewski IBM researchers have found a way to store one bit of data in a magnet consisting of just one atom, the company announced on Wednesday. Prior to the discovery, the smallest bistable magnetic bits consisted of 3 to 12 atoms, IBM said, and hard drives […]
“Every day that goes by, my concern for my father and Siamak increases,” Mr. Namazi said this week in a telephone interview from Dubai, where he lives. He expressed particular anxiety about his father, who has a heart ailment, saying that an Iranian prison cell was “no place for an aging old man.” Continue reading the main story Last month, on the anniversary of the elder Mr. […]
Dubai-based online portal ServiceMarket analysed customer data on its car insurance comparison portal. Using a sample of 7,000 clients that have used ServiceMarket in 2017 to receive car insurance quotations and buy policies online, the startup identified five interesting car and insurance trends in the UAE: 1. Women Emiratis drive the most expensive cars: When looking at average car values the data shows that Emirati drivers own […]
ABU DHABI // “You are better than us and you have to be better than us – there is no option, you have to be better than your fathers and grandfathers.” With these words, Sheikh Mohammed bin Zayed urged youths to learn skills that will make them globally competitive. The UAE will need generations of young engineers and scientists as it shifts from oil towards a knowledge-based […]
A rare opera by Franz Liszt has been meticulously restored by a senior lecturer at Cambridge University in England. David Trippett said he discovered the manuscript for the Hungarian composer’s Sardanapale in an archive in Weimar, Liszt’s long-time base in Germany, and spent two years restoring it. Sardanapale is based on an 1821 tragedy of the same name written by the British poet Lord Byron. Long thought […]
Photo A minaret in Beit Safafa, a Palestinian neighborhood of Jerusalem, on Wednesday. Credit Ammar Awad/Reuters A bill that would regulate the traditional use of loudspeakers for the Muslim call to prayer passed its first legislative hurdle in Israel’s Parliament on Wednesday, provoking frustration and anger among some Arab lawmakers. One version of the bill would prohibit places of worship from using loudspeakers between 11 p.m. and […]
Iranian Foreign Minister Mohammad Javad Zarif held talks in Qatar on Wednesday with the country’s ruler about improving relations, soured by a dispute last year between Tehran and Gulf Arab powerhouse Saudi Arabia. Tasnim news agency said Zarif also met his Qatari counterpart during the trip to Doha, his second this year. Qatar and two other Gulf Arab states recalled their envoys from Tehran in January 2016 […]
New York – Pat Beall said she and her colleagues at The Palm Beach Post had been consistently reporting on Palm Beach County’s growing opioid epidemic, highlighting the lives of a few of the victims and the toll their death took on families and the larger community. But it wasn’t enough. Each story would get a little attention, but within a day or two the latest […]
There are efficiency gaps between the startup ecosystems in Singapore and Silicon Valley, which the former can address by introducing simpler and clearer investment terms. Doing so would, in turn, attract more mature startups to their fold and better set up founders for success, according to executives from muru-D’s Singapore outfit. The Telstra-owned accelerator had just completed its second batch of eight startups under the six-month programme, […]
DUBAI, UAE, March 8, 2017 /PRNewswire/ — Over 1,300 IT and security stakeholders gathered in Riyadh to advance discussions on collaboration, standardization and a unified approach to mitigate cyber threats. Under the endorsement of Saudi Arabia’s Crown Prince His Royal Highness Mohammed bin Nayef bin Abdulaziz Al Saud, the National Cyber Security Center NCSC, representative of Ministry of Interior, in partnership with Naseba organized the 2nd International […]
Dubai-based private ride-hailing app Careem is to extend maternity leave from 45 days to three months as part of plans to close the gender gap. By the end of 2017, Careem also aims to hire an increased percentage of female engineers, it said in a statement. The company said women currently make up 26 percent of Careem’s total workforce and 8 percent of senior leadership roles. Careem […]
Are you a woman who feels like you are always interrupted by a man? Well, there’s now an app that will prove just how much a user gets “manterrupted.” Inspired by none other than President Donald Trump, Woman Interrupted is the app that lets users know the rates in which men cut off and overpower women while they are speaking. Launched this week in celebration of International […]
Sheikh Mohammed bin Zayed addresses the Mohammed Bin Zayed Majlis for Future Generations. Ryan Carter / Crown Prince Court – Abu Dhabi The UAE will need generations of young engineers and scientists as it shifts from oil towards a knowledge-based economy, said Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces. Hamad Al Kaabi / Crown Prince Court – Abu Dhabi […]
Kong: Skull Island Director: Jordan Vogt-Roberts Starring: Tom Hiddleston, Brie Larson, Samuel L Jackson, John Goodman, John C Reilly Three stars One of cinema’s most iconic monsters, King Kong has been regularly reprised by filmmakers, most recently by Peter Jackson in his 2005 film. This latest incarnation pushes the action forward a few decades, to the early 1970s and the end of the Vietnam War. Satellite mapping […]
Continue reading the main story But the agent has his passport and has refused to refund his recruitment fee, he said. He has no money for a plane ticket. “There is a huge dependence on migrant workers who have employment terms that are no different than indentured servitude,” said Sarah Leah Whitson, director of the Middle East and North Africa division of Human Rights Watch, an advocacy […]
(Image: CNET) Alphabet’s Nest is developing a cheaper version of the flagship Nest thermostat as well as a new set of home security products, according to Bloomberg. The cheaper Nest thermostat, which could retail for under $200, is said to have cheaper components and could lack the metal edges found on the current $249 model. The cheaper version could launch by next year. See also: Key leaders […]
January 1959. Women Scientists Lucille Coltrane, Jean Clark Keating, Katherine Cullie Speegle, Doris ‘Dot’ Lee, Ruth Whitman, and Emily Stephens Mueller. Source link
While many have blamed today’s spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it’s more than just the jump in rates that is slamming the rate-sensitive sector. While longs […]
Today at the inaugural Udacity Intersect conference, the online education startup announced new robotics and digital marketing variants of its popular Nanodegrees — an effort to expand its corpus of 21st century skills-based courses. In addition to the new degrees, Udacity is adding 21 new hiring partners spanning the automotive, defense, tech, hardware and telecommunications industries. And, lastly, the company is partnering with Didi Chuxing for a new $100,000 competition to […]
A medical device developed at United Arab Emirates University (UAEU) is set to help surgeons navigate complex and delicate procedures by acting as a robotic aid for accuracy. Created at UAEU’s College of Engineering, the Manipulator for Surgical Tools – for which patent approval has now been secured – employs a compactor robotic manipulator, which is specially configured with a remote “centre-of-motion” function that effectively gives the […]
POS terminals remain an attractive target for hackers. Image: iStock While threats like ransomware might have been making more headlines lately, point of sales (POS) malware is still very much active – mainly targeting retailers and hotel chains, while smaller businesses remain a prime target as they’re likely to have even less secure systems. One of the earliest forms of this type of malware was RawPOS, which […]
