Creditors of Saudi Arabia’s Al Ittefaq Steel Products, the country’s largest private sector steel manufacturer, have provisionally agreed to a 6.2 billion riyals ($1.7 billion) debt restructuring, banking sources told Reuters on Tuesday. The terms of the deal have still not been finalised but banks have reached an agreement in principle to give the company a two year window in which it would only pay interest on […]
The Isomax cell configuration. Credit: UCSB Engineering In 2015 UC Santa Barbara mechanical engineer and materials scientist Jonathan Berger developed an idea that could change the way people think about high-performance structural materials. Two years later, his concept is paying research dividends. In a letter published in the journal Nature, Berger, with UCSB materials and mechanical engineering professor Robert McMeeking and materials scientist Haydn N. G. Wadley from […]
Last updated 11:12, February 22 2017 Department of Marine and Coastal Resources/ The Phuket News The 53-year-old Russian tourist was reportedly caught on camera feeding breadcrumbs to fish. A tourist who allegedly fed breadcrumbs to fish at an ecologically-sensitive coral reef in Thailand faces a hefty fine or even jail time. Olga Smirnova was spotted by authorities patrolling Plub Pla Bay on February 19 in the popular tourist resort of Phuket, and was […]
Google recently launched Android Wear 2.0, an operating system for its smart watches. The entire OS has been refined and revamped. To help with the launch of the new OS, Google and LG collaborated and came up with two Android Wear devices: The $250 LG Watch Style and $350 LG Watch Sport. The approach is similar to the Nexus program, where Google would work with a phone […]
Saudi Arabia has invited investors to submit requests to qualify for the first round of its $30-$50 billion National Renewable Energy Programme by March 20, it said on Monday. Saudi Arabia is targetting 9.5 GW of renewable energy by 2023 in line with Vision 2030, an economic reform plan launched last year to diversify the economy beyond oil. The renewable programme involves investment of between $30 billion […]
At the start of January, when the Mexican Central Bank spent $2 billion to defend its currency in a rare intervention in the spot market, and which lasted just a few hours before the selling resumed, Goldman analyst Albert Ramos had some advice for Banxico: don’t use reserves to defend the Peso as Mexico would have greater need for them elsewhere. : Instead, Goldman’s advice was to […]
ABU DHABI // Combining the capabilities of Saudi Arabia and the UAE could create historic opportunities for the region, Sheikh Mohammed bin Rashid said on Tuesday. “Through our integration, solidarity and unity, we can protect our gains, enhance our economies and build a better future for our people,” the Vice President and Ruler of Dubai said at a joint retreat on Abu Dhabi’s Saadiyat Island, attended by […]
From Dark to Dust It is the news that millions of fans of Philip Pullman’s brilliant fantasy trilogy His Dark Materials have been waiting to hear for years – the English author is ready to further explore the world of heroine Lyra Belacqua, daemons and the Magisterium in another three-book series. Billed as neither prequel nor a sequel but an “equel”, The Book of Dust series will […]
Photo Seif al-Islam el-Qaddafi on trial in Zintan, Libya, in 2014. Credit Reuters GENEVA — Seif al-Islam el-Qaddafi, the son of Libya’s ousted dictator, should be turned over to the International Criminal Court to be tried on war crimes charges, the United Nations said on Tuesday, adding that he did not get a fair trial in Libya. But the question is, who will hand him over? A […]
ProPublica Illinois announced Louise Kiernan as its first editor in chief on Tuesday. Kiernan, who worked at the Chicago Tribune for 18 years, comes to ProPublica’s first regional project from the Medill School of Journalism at Northwestern University. There, she was an associate professor. At the Tribune, Kiernan was the lead reporter on a project that won the 2001 Pulitzer Prize for Explanatory Reporting. That year, Kiernan […]
This seems like typecastingImage: getty images/marvel By Laura Prudom2017-02-21 20:18:47 UTC Game of Thrones alum Iwan Rheon, who played literal and figurative bastard Ramsay Bolton, is heading to the Marvel universe for ABC’s new Inhumans series, it was announced Tuesday. Sticking with type, Rheon will play the villain Maximus — aka “Maximus the Mad” — brother of lead character Black Bolt. In the show, Maximus is described […]
My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away. At Qualcomm last week, Cristiano Amon, president of […]
Social media influencers admitted on Sunday their success and survival depends on them remaining transparent with their audience. Speaking at ITP Media Group’s ‘Influencer Marketing Summit’, the first event of its kind in the UAE, Joelle Mardinian, who has more than 5 million followers on social media, said she remains honest with her audience at all times otherwise it’s a “recipe for disaster”. “I don’t hide anything […]
By Fergus Jensen | JAKARTA JAKARTA Saudi Arabia’s King Salman will visit Jakarta and Bali on the Indonesian leg of his Asian tour next month, bringing 1,500 people in his entourage including 10 ministers, Indonesian officials said. “This is a very historic visit for us,” Cabinet Secretary Pramono Anung told reporters on Tuesday, adding that the king would be in Indonesia from March 1 to 9. He […]
Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]
Photo A session at the International Conference in Support of Palestinian Intifada in Tehran on Tuesday, where Ayatollah Ali Khamenei, Iran’s supreme leader, urged renewal of the Palestinian uprising, or intifada, against Israel. Credit Ebrahim Noroozi/Associated Press TEHRAN — Everything was in place on Tuesday for a gala celebration at Iran’s annual conference in support of Palestine. Awaiting the hundreds of guests was a table piled high […]
Jeddah: Feb 22, 2017 King Abdulaziz International Airport received on Tuesday the first flight of the low-cost Malindo Air based in Malysia which obtained recently authorization from the General Authority of Civil Aviation to operate flights between Kuala Lumpur and Jeddah. The first ever flight was received by Hani Al Thunian, CEO of Seherz Aviation, executive agent of Malindo Air in Saudi Arabia, Ameen Duhaithem, president of […]
Qualcomm is stepping up its Internet of things game with support for Android Things OS, integration with Amazon Web Services and two systems-on-chips that aggregate a bevy of standards. special feature Louisville and the Future of the Smart City Louisville, Kentucky is building a unique bridge between the smart city and the smart home. Here’s what communities and citizens can learn about the benefits of the onrushing […]
When viewed from a distance with the sun directly behind Cassini, the larger, brighter craters really stand out on moons like Dione. Source link
Saudi Arabia is favouring New York to list state oil giant Saudi Aramco IPO, while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing people familiar with the matter. The listing […]
Texas Monthly Editor-in-Chief Tim Taliaferro on Tuesday backed away from comments made during an interview with Columbia Journalism Review that indicated the magazine was retreating from political and longform journalism. In a note published on Texas Monthly, Taliaferro said that he “unfortunately gave the CJR the wrong impression” when he told the journalism review that “Texans don’t care about politics.” “Let me first say that I know […]
Trespass Against Us is something of a departure for Adam Smith, a director best known for his work on music videos and stage shows for electronic act The Chemical Brothers, and the cult British TV teen drama Skins. For his big-screen debut, he has abandoned his pop-music roots in favour of an ultra-realistic study of life in a community of travellers in Gloucestershire, England. “I wanted to […]
Photo Red Crescent workers collected the bodies of migrants on Monday from a beach near the town of Zawiya, Libya. Credit Libyan Red Crescent CAIRO — The bodies of 74 migrants were recovered from a beach near the town of Zawiya in western Libya, rescuers said on Tuesday, an ominous sign before the high season for Mediterranean crossings. The bodies were believed to have come from a […]
iPad sales are in serious decline, but Apple CEO Tim Cook remain “very bullish” about the tablet. Can a March refresh turn things around? Must read: OLED iPhone 8 may finally have the feature that owners have been craving The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of […]
