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Image: Cobalt This week Cobalt came out of stealth mode and introduced a mobile security robot. Just like a real security guard, the robot’s main job is to patrol a building to watch for any unusual activity and report anything suspicious to the appropriate authorities. “A fleet of Cobalt robots is comparable to an extremely competent guard with superhuman capabilities and omnipresent situational awareness across an entire […]

Three GCC-based retailers have been named in a new list of the world’s top 250, with the UAE’s Emke Group ranked the Middle East’s biggest. Emke, which runs the Lulu chain on hypermarkets and earlier this month announces major expansion plans in Saudi Arabia, posted sales revenue of $6.2 billion. Dubai mall operator Majid Al Futtaim saw revenue of $6 billion while Saudi-based food firm Savola posted […]

By EconMatters   We discuss the run in the Financials, and other blue chip stocks that are overvalued relative to the fundamentals in this video. We also discuss the Market Correction that we see coming over the next 6-8 months in markets. This is as good as the QE game gets, cheap money going away from markets! © EconMatters All Rights Reserved | Facebook | Twitter | […]

Former UKIP leader Nigel Farage couldn’t get elected member of UK parliament, so he became a member of European Parliament. He also couldn’t get knighted by the Queen of England, so he naturally opted for the next best thing: Being knighted by a young girl with a plastic sword on Russia-funded television network RT. You can watch the heartwarming ceremony here: The ceremony didn’t stop with the plastic sword, […]

France, which gave the world one of the most enduring symbols of World Expos, the Eiffel Tower, has become the latest country to confirm its participation in Expo 2020 Dubai. The European country officially confirmed its commitment in a letter from Prime Minister Bernard Cazeneuve to Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The letter was […]

BRUSSELS, March 03, 2017 – The Panama Papers scandal has highlighted how certain financial intermediaries and other providers of financial and tax advice appear to have actively helped their clients to conceal money offshore. It is against this backdrop that ALDE MEPs Petr Ježek (PANA Co-Rapporteur) and Michael Theurer (ALDE PANA Coordinator) hosted a high-level seminar Thursday, bringing together experts on this field, both at the technical […]

Juan Thompson, who was fired from The Intercept last year for fabricating quotes, has been arrested on suspicion of making bomb threats against Jewish community centers. Thompson, who joined The Intercept at the end of 2014, stands accused of one count of cyberstalking in addition to making eight threats against Jewish community centers, according to NBC News. An anonymous threat emailed to a JCC in Manhattan earlier […]

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The stage set up at Rod Stewart’s Du Arena gig on Thursday night was daunting. There were two sparkling drum sets, a couple of fiddles, guitars, two pianos, a saxophone and a giant gilded harp for good measure. One wondered if the British star was fooling us all along. Yes, he would be performing his greatest hits as advertised, but, instead, we would be subjected to Celtic-jazz […]

As NPR pointed out in 2015, “every new automatic device that enters our lives, from automatic doors to escalators, has had to face this awkward moment where people are skeptical and maybe scared.” When the first public railway opened in England in 1825, for example, people thought the human body wasn’t made to withstand travel at speeds of 30 miles per hour for long periods […]

A Dubai shopping mall was evacuated on Friday after a fire broke out. Shoppers were ordered out of Lamcy Plaza in Karama after a blaze broke out on the roof of the shopping centre. According to a series of tweets by Dubai Media Office, no injuries have been reported. Dubai Civil Defence said the fire was fully contained by 4pm local time after successful operations to put […]

UGC 12591’s classification straddles somewhere between a lenticular and a spiral galaxy. It lies just under 400 million light-years from us in the Pisces–Perseus Supercluster. Source link

In the first stage of the Trump Rally (from the election to year-end), investors appeared to hedge as the market rallied. However, since the start of the new year, Goldman Sachs’ proprietary macro hedging indicator has traded along with equities, suggesting that investors are buying stocks and discarding protection. As Goldman’s John Marshall and Katherine Fogertey explain, the Trump rally has changed the market – Investors Stopped […]

Najib Razak says this will enable the airport to handle bigger aircraft, such as the Airbus 330, and more flights from China. SANDAKAN: Prime Minister Najib Razak today announced the extension of the Sandakan airport runway that would make direct and chartered flights from China possible. The prime minister said the contract price was being determined at the moment. “I have asked the transport minister (Liow Tiong […]

DUBAI // What was once a wide, empty terrace at Ranches Primary School has been transformed into a peaceful outdoor garden where children as young as five can meditate and grow fruits and vegetables. Early years pupils visit the Rooftop Mindful Garden at least twice a day to calm their minds and nurture plants as part of a health awareness education programme the school is piloting with […]

In just six short months, the Dubai Opera has made a seismic contribution to the emirate’s cultural scene, living up to its early promise by staging dozens of diverse musical and stage spectacles. But inside certain cultured camps, there may be the somewhat legitimate claim that, despite the name, we have not seen a whole load of opera. The opening weekend’s fleeting Rossini and Bizet productions forgotten […]

Souq.com, the Middle East’s largest online retailer, has announced the launch of a book store featuring more than six million books. In a move similar to Kindle books on global e-commerce giant Amazon, Souq.com’s Global Bookstore will make books more accessible to the region and supports the UAE government’s Year of Reading initiative, a statement said. The Global Bookstore features all book classifications including culture, children, family, […]

Wikimedia Commons Amazon chief Jeff Bezos has revealed aspirations to create a stable, frequent delivery service to the moon over four decades since a man last walked on the surface. Bezos, who also owns private aerospace firm Blue Origin and The Washington Post, told the publication in an interview that in order to maintain a stable colony on the moon, a reliable delivery service is of paramount […]

People can now follow constriction updates at the Expo 2020 Dubai through Google Maps. With construction at Expo 2020 Dubai’s site well under way, Expo 2020 Dubai has said people can see what’s happening at the Expo2020 site through the online mapping system. With new #Google Maps satellite images, you can see what’s happening at the #Expo2020 site. See for yourself at https://t.co/cTVL5P6r9B pic.twitter.com/w2KRWIupD5 — Expo2020Dubai (@expo2020dubai) […]

Oman is now getting attention for what’s hidden underneath its craggy peaks. Majlis Al Jinn has the world’s ninth largest cave chamber, while the pools and caverns of Wadi Bani Khalid and Wadi Shab attract a growing number of visitors every year. Of the country’s many caves, Al Hootah is the only one with guided tours, and it reopened earlier this season four-years after severe floods in […]

The Elizabeth Tower containing Big Ben. Credit: Carl Vivianб University of Leicester A team from the University of Leicester’s Department of Engineering has, for the first time ever, vibration-mapped the famous London bell Big Ben in order to reveal why it produces its distinct harmonious tone. The group, from the Advanced Structural Dynamics Evaluation Centre (ASDEC) at the University of Leicester, measured four of Big Ben’s chimes, […]

Total Islamic banking assets in the UAE have increased to about AED520 billion ($141.5 billion), about 7 percent of the global total, it has been revealed. Saif Hadef Al Shamsi, assistant governor for Monetary Policy and Financial Stability at the UAE Central Bank, said that Islamic banking’ assets account for around 20 percent of AED2.6 trillion of the total assets of the state’s banks. He added in […]

Your daily guide to community and cultural activities across the Emirates for March 3, 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 Yoga class Start […]

Dubai Police have launched a new radar to target drivers who avoid long queues by cutting in on other motorists. The General Directorate of Traffic at Dubai Police announced the launch of the new device which will monitor violators who jump in on queues in the emirate. The radar will be located at exits and intersections where drivers attempt to bypass long queues by cutting in closer […]

There was no mistaking the arrival of King Salman Abdulaziz Al-Saud of Saudi Arabia and his entourage in Malaysia on Sunday morning. Traffic stood still for 30 minutes as we waited for the 600-strong royal party to make their way from the airport to the centre of Kuala Lumpur — a near-endless stream of limos, lorries, outliers and ambulances, sirens screaming. This is King Salman’s first trip […]

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