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Saudi Electricity Co (SEC), the Gulf’s largest utility firm, sank to a deeper net loss in its fourth-quarter results as it was hit by higher energy prices and increased operating costs. The company, which the government is aiming to restructure to improve efficiency, made a net loss of 2.34 billion riyals ($624 million) in the three months to Dec. 31, according to a bourse statement on Wednesday. […]

By EconMatters We discuss the Macro and Micro outlook for the Oil Market, and everything in between in this latest market video. Oil is being propped up on forward looking fundamentals right now, it very easily could be much lower based upon current inventory levels.   © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle     Source link

There has been a lot of discussion about Twitter lately, most of it negative—it can’t make money on advertising, growth is down, and online bullies remain a problem. Meanwhile, Donald Trump tweets daily; more every day since the election. This alone, you’d think, would draw more attention to Twitter and make it more popular. Twitter actually does over $2.5 billion in revenue, but tech companies […]

Professor Saiful Islam. Credit: The Royal Society Faster recharging lithium batteries could be developed after scientists figured out why adding charged metal atoms to tunnel structures within batteries improves their performance. Rechargeable lithium batteries have helped power the ‘portable revolution’ in mobile phones, laptops and tablet computers, and new generations of lithium batteries are being developed for electric vehicles and to store energy from wind and solar […]

YOUTUBE SAN FRANCISCO – An American journalist has reported on President Rodrigo Duterte’s use of a social media army of trolls to generate fake news and adulatory propaganda and attack his critics. Sean Williams details his finding in an article titled, “Rodrigo Duterte’s Army of Online Trolls,” published in this month’s issue of The New Republic. When Williams was reporting on the violence in the Philippines and in […]

Only fifty to sixty vaquitas remain in their native habitat of the Gulf of California, a home that’s become increasingly deadly as fishing nets decimate the porpoise population. A last ditch effort is being launched to save the species with the help of some kindred spirits: dolphins. The post Navy-trained dolphins on a mission to save rare porpoises appeared first on Holy Kaw!. Via ASDA Alltop

Given that Cats has been seen by more than 73 million people worldwide, it is more than likely that a fair number of those who watched the first UAE performance of the musical – at Dubai Opera, where it runs until January 28 – will have seen it before. They would not have left this international touring production disappointed. Yet it is those new to the show […]

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Adel Al-Jubeir, Saudi Arabian foreign minister, said the US may face a flood lawsuits if it retains its Justice Against Sponsors of Terrorism Act (JASTA) bill. The bill allows US nationals to sue foreign states for supporting terrorism, regardless of if they are on the US state sponsor of terrorism list or not, thus ending the concept of foreign sovereign immunity. Al-Jubeir warned that this would mean […]

Bloomberg’s Anne Swardson, Zoe Schneeweiss, and Andre Tartar perfectly summed up the state of play right now during their discussion of the World Economic Forum’s annual get-together: “Never before has the gap between Davos Man and the real world yawned so widely.” As the world’s top executives, financiers, academics, and politicians make their way to Switzerland, Trump – who won’t have an official representative there – has […]

Image credit: BT Wi-Fi systems based on a single router may provide patchy coverage in some homes and small offices, depending on the building’s size and construction. Until recently, users have had to find their own solutions using Wi-Fi extenders and/or HomePlugs. In the USA, companies such as Eero, Luma and Google have launched multi-part systems that create a mesh network to provide good coverage throughout a […]

The White House declined to disclose what decision Mr. Obama had reached, but some administration officials believe it is unlikely that he will resolve the contentious issue in the waning moments of his presidency. Continue reading the main story That such a pivotal decision has been left to Mr. Obama’s final weeks in office reflects the complexity of the debate about working with the Y.P.G., as the […]

Kitchen Nation, a fully equipped culinary incubator, has opened its doors in Jumeirah Lake Towers, Dubai. The incubator is launched to help start-up founders and small business owners to connect, develop ideas, and seize opportunities in the local F&B sector, in addition to offering a number of services, such as facilities, sales, events, consulting and marketing. Rami Salous, founder and CEO of Kitchen Nation, struggled with getting […]

DR. MUSADDIQ MALIK, SPOKESPERSON OF THE PRIME MINISTER ALONGWITH PML (N) MNA MR. DANIYAL AZIZ ADDRESSING A PRESS CONFERENCE IN ISLAMABAD ON JANUARY 17, 2017. ISLAMABAD: Prime Minister Muhammad Nawaz Sharif had not sought immunity in Panama papers case, spokesperson to the Prime Minister Dr Mussadiq Malik said here on Tuesday. Speaking at a press conference along with member of National Assembly PML-N Daniyal Aziz, he said […]

ANKARA: A 34-year-old Uzbek man suspected of slaughtering 39 people at an Istanbul nightclub on New Year’s Eve confessed to the massacre on Tuesday, hours after his capture in a police raid.Turkish police cornered Abdulgadir Masharipov at an apartment in the Esenyurt district of Istanbul on Sunday during a massive operation.A man of Iraqi origin and three women from Somalia, Senegal and Egypt were detained with the […]

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets with Filip Vujanović, President of Montenegro, on Tuesday. Wam Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets with Luis Solís, President of Costa Rica, on Tuesday. Wam Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets with Horacio Cartes, President of Paraguay, on Tuesday. Wam Sheikh Hamdan, Crown Prince of Dubai, […]

From a domestic murder-mystery and a Serbian folk tale to an Arabian moral fable and an “existential crisis in 10 minutes or less”, audiences can expect a dizzying display of diversity at this weekend’s Short+Sweet Abu Dhabi theatre festival. The competitive event, at New York University Abu Dhabi, will showcase a dozen locally-produced plays – each performed both on Friday and Saturday (January 20-21) – constrained only […]

Photo Tom Brady and the Patriots don’t just win, they often cover the spread. Credit Charles Krupa/Associated Press A lot of different things could happen in the N.F.L. conference championship games on Sunday. But oddsmakers are pretty sure what is likely to happen. The New England Patriots will beat the Pittsburgh Steelers by about 6, and the Atlanta Falcons will defeat the Green Bay Packers by 4 […]

Abu Dhabi Investment Authority (ADIA), one of the world’s biggest sovereign wealth funds, sees investment opportunities in China’s fixed income and real estate markets, as well as smaller Chinese companies, its managing director told China Finance. ADIA, which has been investing in China for 25 years, has its largest exposure in listed equities, including a $2.5 billion allocation to the China A market, which lists shares denominated […]

Saudi Arabian budget carrier flynas is to buy 80 Airbus A320neo narrow body jets in a deal worth $8.6 billion that includes upgrading an earlier order, it said on Monday. The 80 A320neo order is valued at $8.6 billion, flynas Chairman Ayed Al Jeaid said at press conference in Riyadh on Monday. The order is for 60 A320neos and an upgrade of an existing order for 20 […]

Images of skeletal sun bears in a zoo in Indonesia that show the animals being forced to eat their own faeces and begging visitors for food have sparked online petitions to save them, media reports say. A video taken by animal welfare group Scorpion at Bandung zoo on the island of Java showed one emaciated animal in a small dirty pen, reported 9news.com.au. The footage, reportedly shot […]

Container technologies are still a relatively small part of the overall cloud and application portability market, but this is changing rapidly. Containers are the fast-growing class of tools, growing at an annual clip of 40%. This will be one of the most widely adopted cloud tools, surpassing OpenStack, PaaS, and other offerings. Photo: Joe McKendrick That’ the latest word from 451 Research, which projects growth in application […]

The cruise map is ever expanding and 2017 will see new ports of call make their mark. We look at some of the most unusual and alluring of them. newslide Doha and the UAE The Arabian Gulf cruising market is still relatively young compared to most established destinations such as the Caribbean and Mediterranean, but it’s quite clear that Qatar wants a piece of the action. Doha […]

|Arabian Post Staff| A session of the Middle East Policy Council held last week in Washington on the theme. “U.S. Commitments in the Middle East: Advice to the Trump Administration” offered viewpoints from veterans of the Obama administration and observers of the incoming Trump one on how President-elect Trump’s worldview might intersect with some of the region’s most pressing foreign policy challenges. The four-person panel had expertise […]

Expedition 50 Commander Shane Kimbrough of NASA at work outside the International Space Station on Jan. 13, 2017, in a photo taken by fellow spacewalker Thomas Pesquet of ESA. The two astronauts successfully installed three new adapter plates and hooked up electrical connections for three of the six new lithium-ion batteries on the station. Source link

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